Real Estate Mogul, M.D.
The Real Estate Mogul, M.D. podcast shares the real-world journeys, stories, and conversations that transform your mindset, build your business, diversify your investments, and multiply your cash flow to help you live life by design.
Guests range from medical professionals, entrepreneurs, accountants, executives, financial advisors, coaches, and real estate investors. How to build wealth, create passive income and have more time as a doctor. We cover a large range of topics including: running a medical practice, finances, work life balance, wealth building, tax strategies for medical professionals, real estate investing, financial planning, asset protection, insurance, tax free exits, corporation structuring, retirement planning, and much more! To learn more email: info@physicianwealthsystems.com
Check out https://www.PhysicianWealthSystems.com for a FREE 30 Day Real Estate Education Experience!
Real Estate Mogul, M.D.
S3 E25 Keep More of What You Earn: Power of Real Estate and Strategic Tax Planning With Anee Gannon
In this conversation, Anne Gannon shares her journey from a passion for golf to becoming a CPA specializing in tax strategies and real estate investing. She discusses the importance of understanding tax implications, effective tax rates, and the challenges faced by investors in today's economic climate. The conversation highlights the benefits of real estate as a hedge against inflation and the significance of long-term planning and cash flow management. Gannon introduces her Accelerator Method, which focuses on building a comprehensive strategy for wealth growth through real estate and tax planning.
Takeaways
- Weather affects our state of mind and productivity.
- Engaging with clients throughout the year is crucial for tax planning.
- Understanding the nuances of tax rules is essential for real estate investors.
- Taxes have increased for higher net worth individuals in recent years.
- Effective tax rates should be a key consideration in financial planning.
- Short-term rentals are treated as active businesses for tax purposes.
- Cash flow management is vital for real estate investors.
- Long-term planning can lead to significant equity growth in properties.
- Investors should be proactive in understanding their tax picture.
- The Accelerator Method helps clients take control of their financial future.
Important Links
Linkedin: https://www.linkedin.com/in/anne-gannon-529107148/
Instagram: https://www.instagram.com/annegannoncpa/
Web: https://www.thelargogroup.com/
