27 min

Ep135: TAX UPDATE for Real Estate Investors with Eric Shadowens, CPA - Part 4 of 6 5 Hour Real Estate Week

    • Investing

Tap into the wisdom and expertise of Eric Shadowens, CPA, in the fourth part of this series as he discusses rental property tax rules and other essential information you need to know to minimize your taxable income. Keep upgrading your real estate knowledge by tuning in!
 
Key takeaways to listen for 
Tax differences between short-term and long-term rentals Easiest ways to cut your losses in real estate How to maximize the tax benefits from your short-term rental property Disadvantages of hiring a property manager for your properties  How many days can you use your rental property for personal purposes?  
Resources mentioned in this episode
The Home Depot MileIQ TAX UPDATE for Real Estate Investors with Eric Shadowens, CPA | Part 1, Part 2, and Part 3 KBKG BiggerPockets Real Estate Investing Forums Ep1: Things You Can Do Right Now… Most Are FREE - Course 1/9 Ep2: Identifying Resources for FAST Cash - Course 2/9 Ep3: EXIT STRATEGY - Must know BEFORE You Make Your Offer - Course 3/9 Ep4: Run Your Numbers - Course 4/9 Ep5: Mike Butler’s Investor Pledge - Course 5/9 Ep6: What Type of Investment Property Do You Want to Buy/Hold - Course 6/9 Ep7: You MUST Have PROVEN, Efficient Systems - Course 7/9 Ep8: EDUCATION - Course 8/9 Ep9: MARKETING - Course 9/9 Ep10: 41% of Deals From Follow-Up  
About Eric Shadowens, CPA
Eric has over 20 years of experience practicing public accounting in Louisville. He is most interested in working with professionals in the Louisville, Kentucky, Indiana, Ohio, and Tennessee real estate industries. He has worked with real estate agents, residential rental property owners, and large $150 million commercial real estate businesses throughout his career. 
In addition, he has an interest in personal real estate investing. Eric earned a Bachelor of Science in Accounting from the University of Louisville School of Business and is licensed to practice as a CPA. 
Eric is currently a board member, and Treasurer of the Bluegrass Golf Foundation and Ambassador of Greater Louisville Inc. Eric is a past member of the Board of Directors of the Chamber of St. Matthews, where he served as the Treasurer for two years.
 
Connect with Eric
LinkedIn: Eric Shadowens CPA Email: eshadowens@dmlo.com Phone: 502-326-2319  
Connect With Us
To learn how to consistently buy real estate working just 5 hours a week, click here. 
 
Follow Mike on Social Media
Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

Tap into the wisdom and expertise of Eric Shadowens, CPA, in the fourth part of this series as he discusses rental property tax rules and other essential information you need to know to minimize your taxable income. Keep upgrading your real estate knowledge by tuning in!
 
Key takeaways to listen for 
Tax differences between short-term and long-term rentals Easiest ways to cut your losses in real estate How to maximize the tax benefits from your short-term rental property Disadvantages of hiring a property manager for your properties  How many days can you use your rental property for personal purposes?  
Resources mentioned in this episode
The Home Depot MileIQ TAX UPDATE for Real Estate Investors with Eric Shadowens, CPA | Part 1, Part 2, and Part 3 KBKG BiggerPockets Real Estate Investing Forums Ep1: Things You Can Do Right Now… Most Are FREE - Course 1/9 Ep2: Identifying Resources for FAST Cash - Course 2/9 Ep3: EXIT STRATEGY - Must know BEFORE You Make Your Offer - Course 3/9 Ep4: Run Your Numbers - Course 4/9 Ep5: Mike Butler’s Investor Pledge - Course 5/9 Ep6: What Type of Investment Property Do You Want to Buy/Hold - Course 6/9 Ep7: You MUST Have PROVEN, Efficient Systems - Course 7/9 Ep8: EDUCATION - Course 8/9 Ep9: MARKETING - Course 9/9 Ep10: 41% of Deals From Follow-Up  
About Eric Shadowens, CPA
Eric has over 20 years of experience practicing public accounting in Louisville. He is most interested in working with professionals in the Louisville, Kentucky, Indiana, Ohio, and Tennessee real estate industries. He has worked with real estate agents, residential rental property owners, and large $150 million commercial real estate businesses throughout his career. 
In addition, he has an interest in personal real estate investing. Eric earned a Bachelor of Science in Accounting from the University of Louisville School of Business and is licensed to practice as a CPA. 
Eric is currently a board member, and Treasurer of the Bluegrass Golf Foundation and Ambassador of Greater Louisville Inc. Eric is a past member of the Board of Directors of the Chamber of St. Matthews, where he served as the Treasurer for two years.
 
Connect with Eric
LinkedIn: Eric Shadowens CPA Email: eshadowens@dmlo.com Phone: 502-326-2319  
Connect With Us
To learn how to consistently buy real estate working just 5 hours a week, click here. 
 
Follow Mike on Social Media
Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

27 min