Wed, 27 June 2018
#166: Changes to the 1031 Tax-Deferred Exchange, 27.5 year tax depreciation, the Estate Tax and more are coming. It will affect you as an investor.
Rich Dad Advisor Tom Wheelwright is back with us. He details the winners and losers expected from the most sweeping tax reform that the U.S. is set to experience since 1986.
First, Keith discusses 6.2% national real estate appreciation, and different ways to think about real estate diversification.
Individual tax benefits are going away. Business tax benefits are increasing.
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Listen to this week’s show and learn:
01:08 Housing prices are up 6.2% year-over-year per Case-Shiller.
05:18 New construction turnkeys through GREturnkey.com.
09:13 Tom Wheelwright interview begins.
15:12 Depreciation durations are changing to 25 years for both residential and commercial.
15:50 1031 Tax-Deferred Exchange changes to the personal property portion.
18:37 Later, there will be individual tax rate changes.
22:35 More on 1031 Tax-Deferred Exchanges.
23:32 Estate Tax.
27:42 These are the greatest tax changes since 1986.
28:23 Limitation on offsetting your taxable gains with losses.
30:39 I review the basics of tax depreciation on income property.
Tax Free Wealth Advisor | 866-467-5809