Master Tax Tips! Real Estate in Los Angeles and IRS Tax Strategies: Learn how to legally save on taxes and maximize your real estate investment returns. Expert tax tips to help you tackle tax challenges and seize lucrative opportunities! Southern California real estate agents will also reveal the secrets to legal tax avoidance in the U.S., sharing top strategies from professional financial advisors to help you stand out in the market and grow your wealth!

00:00 Preview

00:18 Recap
Overview of the topic and what to expect in this episode.

00:44 What can financial advisors do for you in the U.S.?
Explaining the roles and benefits of having a financial advisor.

01:13 Which banks offer more diverse financial products?
Discussion on the banks known for a broad range of investment and savings options.

02:30 Case Study 1
A real-world example showcasing how strategic financial planning helped a client save taxes.

03:50 Real Estate 1031 Exchange - Delaying Taxes
Breaking down the process and benefits of utilizing a 1031 exchange in property investments.

04:44 What are the tax-saving methods and timing strategies?
Insight into tax-saving tactics and why timing plays a crucial role.

05:52 Tax Loss Harvesting - Definition
Explaining what tax loss harvesting is and how it can reduce tax burdens.

06:39 Case Study 2
Another example highlighting the practical application of financial planning for tax efficiency.

08:50 Wash Sale Rule - Definition
Clarifying what the wash sale rule entails and how to navigate it.

10:00 Planning with profits from selling your primary residence
Tips on effectively allocating funds gained from selling a primary home.

11:08 Why work with a financial advisor? What are the benefits?
A detailed discussion on the advantages of collaborating with a financial advisor.

12:47 Bonds vs. Stock Market
Exploring the differences and how bonds fit into a diversified portfolio.

14:05 How to collaborate with a financial advisor - Contact us
Steps to build a productive relationship with a financial advisor.

14:40 How to interview the right financial advisor for you
Key questions and considerations to ensure you choose a suitable advisor.

15:28 Where financial advisors prefer to invest in real estate and their retirement plans
Insights into the investment preferences and retirement strategies of financial advisors.

For more information please contact
Cherrie at 626-214-6780
c.cheng@rtrealestateca.com