An URGENT Warning for LLC Owners - Video

Episode #165

LLC owners and anyone who owns real estate: TUNE INTO THIS EPISODE! Today, we’re talking to Brandon Hall, CPA, about an urgent change affecting EVERY LLC in America. Not knowing about this change could cost you up to $10,000 in fines, but don’t worry; Brandon will tell you precisely what you have to do to avoid the fine entirely!

Even if you don’t have an LLC, we’ve still got some 2024 tax tips to help you pay WAY less to the IRS this coming tax season. Brandon will review the new interest rate updates from the IRS and explain why you could owe much more than your taxes when you file. We’ll discuss the gradual decline of bonus depreciation and whether performing a cost segregation study in 2024 makes sense.

Lastly, we’ll touch on opportunity zones and what to do if you have a large gain you DON’T want to pay taxes on. Plus, an instant red flag when looking for a CPA!

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Website: https://www.therealestatecpa.com/
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Show notes at: https://link.chtbl.com/OTM


00:00 Intro

01:06 The Investor’s Go-To CPA

03:43 New $500/Day LLC Fine!?

09:43 Bonus Depreciation Cut to 60%

19:16 IRS Interest Rates and Penalties JUMP

22:17 Where to Find a CPA