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Rental Income Podcast With Dan Lane

How Trump's Tax Reform Affects Real Estate With CPA Sean McNamara (Ep 139)

Rental Income Podcast With Dan Lane

Rental Income Podcast

Business, Investing, Entrepreneurship

4.8836 Ratings

🗓️ 9 January 2018

⏱️ 26 minutes

🧾️ Download transcript

Summary

A CPA explains what is staying the same, and what is changing for real estate investors with the new tax law.

Transcript

Click on a timestamp to play from that location

0:00.0

inspiring interviews with today's top landlords this is the rental income podcast and now

0:08.8

dan lane i'm sure you've seen it all over the news a few weeks ago congress passed tax reform and this

0:16.2

new tax law directly impacts real estate a lot has changed with the way that real estate is treated tax

0:23.2

wise. So I wanted to bring on a CPA today to talk about the changes so we can figure out

0:29.2

what's changed and then see how we can best position ourselves to benefit from the new tax

0:35.1

law. Joining us today is Sean McNamara.

0:38.5

You may remember his name.

0:39.8

He's been on the podcast before.

0:41.5

He's a CPA, and he works with a lot of rental property owners.

0:45.5

So he's spent a lot of time figuring this stuff out, and he's got some great information

0:50.5

to share with us today.

0:52.2

So let's get into it, but first we need to take a real

0:55.3

quick break. We'll get a word in from our sponsor. We'll come back in 30 seconds and we'll talk to

1:00.0

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1:04.6

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1:09.3

markets. Norado real estate provides everything you need to invest in the best deals across the U.S.

1:15.2

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1:20.4

Get your free copy of the ultimate guide to passive real estate investing at Noradarrealestate.com slash guide. That's N-O-R-A-D-A-R-A-R-A-R-E-E-E-E-E-E-E-E-E-E-E-A-R-E-E-E-A-R-E-E-E-A-R-E-E-A-R-E-E-E-A-R-E-E-R-E-E-E-R-E-E-R-E-E-R they were talking about a lot of things and some of the things didn't make it into the final

1:44.5

bill. So the first one, and tell me if I'm wrong here, because you're definitely the expert in this,

1:50.8

but the first one is the exemption for a primary residence, which I think this is one of the

1:58.1

greatest tax loopholes out there.

2:01.0

I've definitely taken advantage of this.

...

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