It's Tax Time! Do you have a strategy? Chandler David Smith has been investing in Real Estate for 8 years and currently owns 114 Real Estate Units and a 73 unit Storage Complex. This video is packed with value and will help you determine what tax strategies are the best for you. Chandler shares his thoughts about IRA investments, Land Easements, Cost Segregation and 1031 exchanges. When deciding on a tax strategy it’s critical to ask yourself these 4 questions.
1. Does it sound too good to be true? Why?
2. Does it actually save me money?
3. How will it affect me negatively in the future?
4. How much has it been used successfully and how much has it been through an audit successfully?
Biggest Tip: Don't do something that is going to JEOPORDIZE your freedom. Lean on the side of being conservative, be smart and show integrity.
#taxes #avoidtaxes #taxstrategies
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