Use these tax tips to improve your cash flow

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Click this link to download a excerpt from Ken's new book: https://kenmcelroy.com/abc-brp-ch1/

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Join Ken McElroy as he talks with Eric Freeman of the accounting firm Beach Fleischman about the difference between cashflow and taxable income. You can learn more about Eric at the Beach Fleischman website at this link: https://beachfleischman.com/about/leadership-team/eric-freeman/

⏰ Timestamps ⏰:
0:00 Introduction
1:33 Difference between cashflow and taxable income
2:06 Depreciation
4:45 Cost segregation
7:52 Bonus depreciation
11:20 Tax benefits of an active investor
12:33 Talk with tax professionals first
14:48 Mortgage principal tax effect
17:08 Advice for someone new
17:27 Pass through deductions
18:10 What does it mean to be an active investor

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Ken is the author of the bestselling books The ABC’s of Real Estate Investing, The Advanced Guide to Real Estate Investing, The ABC’s of Property Management, and has an upcoming book: "ABCs of Buying Rental Property: How You Can Achieve Financial Freedom in Five Years." Ken is a Rich Dad Advisor.

Ken's company: https://mccompaniesinvest.com/

#KenMcElroy #RealEstate #Cashflow

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