Real Estate Is Taxing

Oct 03 2024 25 ep. 23 mins 18
Real Estate Is Taxing Podcast artwork

Hey there, fellow real estate investors, FIRE enthusiasts, and tax aficionados! Welcome to "Real Estate is Taxing" – your go-to weekly podcast for all things real estate taxes, hosted by Natalie Kolodij, EA- Real Estate Tax Strategist and dry humor extraordinaire. Each week, we're breaking down complex tax topics into bite-sized, understandable explanations, with no regard for how many obscure references it takes to get there.

  Business
RSS feed Share
Copy RSS


Subscribe on Podcast Addict


#23: Seas the Deduction: Business Travel on Cruises Explained

Oct 03 2024 21 mins  
If you've considered attending a cruise that relates to your business-you won't want to miss this episode. Learn the ways you can and can't write off a cruise as a business expense. Facebook Group for Tax ProfessionalsFacebook Group for Real Estate Investors [00:00:00] [00:00:00] Welcome to Real Estate is Taxing, where we talk about all things real estate tax, and break down comple

#22: Rulings & Real Estate: Unpacking Two Critical 2024 Tax Court Cases

Sep 26 2024 21 mins  
Join me as I dive into two real estate focused Tax Court cases from summer of 2024. There's always something interesting to be learned when it comes to court cases. Facebook group for Real Estate InvestorsFacebook group for Tax Professionals TC Summary 2024-17TC Summary 2024-13 [00:00:00] Welcome to Real Estate is Taxing, where we talk about all things real estate tax, and break do

#21: - Head Start on 2024: Preparing as a 1065 or 1120S Filer Without Books

Sep 19 2024 29 mins  
Anyone with a 1065 Partnership or 1120-S S-Corporation should have bookkeeping in my opinion, but if you don't...this episode is for you. This is your head-start on getting everything together for your tax professional to file your 2024 business tax return. Facebook Group for Tax Professionals Facebook Group for Real Estate Investors Introduction[00:00:00] Welcome to Real Estate is

#20: September 16th Filing Deadline- Are you ready?

Sep 12 2024 18 mins  
September 16th is the filing deadline for S-Corporations and Partnerships that filed for a 6-month extension. In this episode we'll discuss what creates those entities, some options if yours may be late, and a few other nuances to make this week a little easier. Facebook Group For Tax Professionals Facebook Group For Real Estate Investors IRS List of Qualified Disaster Areas Rev-Pr

#19: 121 Exclusion Examples, Timing = Taxes

Sep 05 2024 26 mins  
Examples of the 121 Exclusion which showcase how small changes, can lead to huge tax impacts. In this episode of 'Real Estate is Taxing,' host Natalie Kolodij breaks down the intricacies of the 121 exclusion, which allows homeowners to exclude a significant amount of capital gains on the sale of their primary residence. . She details various scenarios to highlight how specific time

#18: 1099 Trouble: Are You at Risk?

Aug 29 2024 12 mins  
3 Common Mistakes When Issuing 1099 FormsEpisode 17: Hiring Your Kids: Tax Savings Strategy Or Really Risky Move https://www.natalie.taxhttps://www.incite.taxIn this episode of 'Real Estate is Taxing,' host Natalie Kolodij breaks down the three common mistakes made by business owners when issuing 1099 forms. She discusses the misclassification of children employed in the business

#17: Hiring Your Kids: Tax-Saving Strategy or Really Risky Move?

Aug 22 2024 27 mins  
Maximize Tax Benefits by Employing Your Children: Key Strategies and Pitfallshttps://www.natalie.taxhttps://www.incite.taxIn this episode of 'Real Estate is Taxing,' host Natalie Kolodij delves into the strategy of employing your children in your business. She outlines the numerous benefits, including significant tax savings and the opportunity to fund a Roth IRA at an early age. N

#16: How Much Should I Pay A Tax Professional?

Aug 15 2024 28 mins  
How much should you be paying a tax professional? Share your thoughts on Facebook: Real Estate Investors: https://www.facebook.com/groups/REIKnowledgeVault Tax Pros: https://www.facebook.com/groups/realestatefortaxprosShare your thoughts on IG:https://www.instagram.com/re_tax_strategist/In this episode, we delve into the complexities of determining the cost of tax preparation and p

#15: When Should I do a Cost Segregation Study?

Aug 08 2024 22 mins  
Why Purchase Price Doesn't Matter When Deciding If You Should Do A Cost Seg Tax Professionals- https://www.incite.tax/In this episode of Real Estate is Taxing, host Natalie Kolodij delves into the complexities of cost segregation studies. She explains what they are, their benefits, and crucially, when they should be considered by real estate investors. With detailed analysis, she o

#14: Millions & Mistresses, A Tale of S-Corp Rental Gone Wrong

Aug 01 2024 28 mins  
When Renting Real Estate to your S-Corp leads to a deficiency $500,000+ The Gregory and Laura Schnackel Tax Court Saga: A Tale of Extravagance and DeceptionTaxnotes Case Review: https://www.taxnotes.com/research/federal/court-documents/court-opinions-and-orders/no-deductions-28000-month-condo-no-business-purpose/7kjhlAre you a tax professional looking for an online community focuse