In this episode of Vacation Property Secrets, host Rodman Schley interviews Dan Nicholson, a tax expert and founder of Nth Degree CPAs. Dan explains various tax strategies for real estate investors, including the use of cost segregation studies and 1031 exchanges to defer taxes and maximize financial returns. He introduces his "four levels of tax planning" methodology, which helps investors reduce their tax liability by up to 100%. The discussion highlights how small investors can apply strategies typically used by large corporations to save money on their investments.
He also touches on depreciation recapture, accelerated depreciation, and how investors can leverage tax laws to build wealth effectively through real estate investments. Overall, the episode provides actionable insights for vacation property investors to reduce risk, increase returns, and make smarter investment decisions.
You can find out more about Dan at nthdegreecpas.com