Feb 21, 2023
How much money is slipping through your fingers and going to taxes that shouldn’t have to? In this episode, I’m joined by tax strategists and Father- Daughter duo, Byron McBroom and Melanie Sikma! They’re here to share multiple tax deductions and tips that could save you tens of thousands to millions of dollars, especially for those investing in real estate! It’s time to do tax planning and be proactive about your taxes rather than reacting after the fact!
You can also catch more episodes here:
Don't forget to tag us on Instagram with a takeaway from this episode!
Follow Jesse on Instagram
@thejessemills
https://www.instagram.com/thejessemil...
WATCH THE FULL EPISODE HERE:
EPISODE HIGHLIGHTS:
02:15 Meet tax experts Melanie Sikma and Byron McBroom!
06:20 What led you to become a CPA?
10:00 How Melanie has followed in her dad’s footsteps and created 1 Stop Tax Strategist!
12:15 What are Real Estate investors missing when it comes to taxes?
15:30 Are you taking “thinking time” in your business?
19:00 The tax deduction parents need to be using.
26:00 More tax deductions you may be missing!
31:15 The power of tax planning instead of being reactive.
33:20 What tax strategies should real estate investors be paying attention to?
37:00 How your tax professional can make a difference in the millions of dollars!
42:00 Do you do a lot of seller financing and lease option deals?
48:15 How to get your free tax assessment!
RESOURCES & LINKS
Text 612-662-6629 to get your FREE Tax Assessment!
Or go to taxsavingsestimator.com
Learn more ways to create cash flow on Jesse’s website
https://www.thejessemills.com/home
Subscribe to the podcast on iTunes
https://podcasts.apple.com/us/podcast...
Text TIPS to 612-662-6629 for more cash flow tips like this!