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A Tax Savings Strategy That Can Help You for 2023 | Saturday Edition E111

A Tax Savings Strategy That Can Help You for 2023 | Saturday Edition E111

FromThe Rich Somers Report


A Tax Savings Strategy That Can Help You for 2023 | Saturday Edition E111

FromThe Rich Somers Report

ratings:
Length:
13 minutes
Released:
Nov 18, 2023
Format:
Podcast episode

Description

On today's "Saturday Edition" episode, Rich is joined by co-host Karlton Dennis - a Licensed Enrolled Agent, Tax Strategist, Forbes council member, Consultant and YouTuber, to answer the top question of the week that was sent in by our listeners. Rich and Karlton reflect on how to save on income taxes this year and fully analyze what cost segregation studies actually are. They also discuss the 14 day rule, the 7-7-1 strategy, grouping elections, the personal use test, and how to utilize ADUs. If you have a question you'd like answered, please email info@somerscapital.com. Stay tuned every Saturday to see if it's featured!Connect with Karlton on Instagram: @karltondennis--Connect with Rich on Instagram: @rich_somersInterested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more. Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call. Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.
Released:
Nov 18, 2023
Format:
Podcast episode

Titles in the series (100)

Join host Rich Somers, as he interviews top real estate investors, entrepreneurs, and athletes from all over the world to discuss all things real estate, business, and wealth related. His first guests include Tarek El Moussa - real estate investor & TV personality, and Cliff Avril - former Seattle Seahawks player & Super Bowl XLVIII Champion. Rich is an active real estate investor and entrepreneur holding a portfolio of apartment buildings, boutique hotels, and short-term rentals valued in excess of $50M. He was an air traffic controller for the government for 11 years, and cashed out his 401k to get his start in real estate investing. Connect with Rich on Instagram: @rich_somers