Home
Categories
EXPLORE
True Crime
Comedy
Society & Culture
Business
Sports
History
TV & Film
About Us
Contact Us
Copyright
© 2024 PodJoint
00:00 / 00:00
Sign in

or

Don't have an account?
Sign up
Forgot password
https://is1-ssl.mzstatic.com/image/thumb/Podcasts221/v4/c1/db/fc/c1dbfc2c-9de8-8517-19b0-0346087b2072/mza_6040292867753090087.png/600x600bb.jpg
The Wealth Planning Podcast with Brister Law
blfwealthpodcast
71 episodes
1 day ago
Show more...
Entrepreneurship
Business
RSS
All content for The Wealth Planning Podcast with Brister Law is the property of blfwealthpodcast and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
Show more...
Entrepreneurship
Business
https://is1-ssl.mzstatic.com/image/thumb/Podcasts221/v4/c1/db/fc/c1dbfc2c-9de8-8517-19b0-0346087b2072/mza_6040292867753090087.png/600x600bb.jpg
The Most Overlooked Real Estate Tax Strategy You’ve Never Heard Of (and Can’t Fix Later)
The Wealth Planning Podcast with Brister Law
10 minutes
4 weeks ago
The Most Overlooked Real Estate Tax Strategy You’ve Never Heard Of (and Can’t Fix Later)
If you’ve ever replaced a roof, HVAC, or remodeled a kitchen in your rental property, you might’ve unknowingly thrown away thousands in tax deductions — permanently. Most investors miss this strategy because they or their CPAs never make the Partial Asset Disposition (PAD) election. Once the tax year closes, you can’t amend it, and the deduction is gone forever. In this episode of The Wealth Planning Podcast with Brister Law, host Anthony Brister breaks down how PADs work, how to claim them, and how to combine them with cost segregation and bonus depreciation to legally double dip and compound wealth over time. Learn how to avoid paying taxes on “ghost” assets that don’t even exist — and make sure your CPA isn’t leaving money on the table.   Timestamps 0:00 — The tax mistake costing real estate investors thousands 0:36 — Forget flashy loopholes — this applies to everyone 1:00 — The client who owned “three roofs” on one property 2:38 — What is a Partial Asset Disposition (PAD)? 3:40 — Why most CPAs miss it (and why you can’t fix it later) 5:00 — Step-by-step: How to claim a PAD correctly 6:16 — How PADs compound wealth over decades 6:38 — The “double dip” with PAD + cost segregation 7:38 — Case study: $26K HVAC replacement turns into $9K tax savings 8:19 — Cleaning up your depreciation schedule (avoid recapture!) 9:06 — Final call: Review your 2024 return before it’s too late   If you’ve replaced a roof, HVAC, or other major component in your rental property, book a Tax Strategy Review Call at bristertaxlaw.com We’ll review your depreciation schedule, identify missed PAD opportunities, and make sure your 2024 tax return captures every dollar you’ve earned. Don’t wait — once the year closes, you can’t fix it.   Book a 15-Minute Discovery Call with Our Team: https://calendly.com/admin-jhf8/15min   Whether you’re facing a legal challenge or need guidance with tax and estate planning, we’re here to help.   Visit Our Website for More Information: https://www.bristertaxlaw.com/   Get to Know Our Team: https://www.bristertaxlaw.com/our-team   Follow Us for Legal Tips and Updates: LinkedIn: https://www.linkedin.com/company/the-brister-law-firm-pllc/ Instagram: https://www.instagram.com/bristerlawfirm/ Facebook: https://www.facebook.com/profile.php?id=100090662891712   #RealEstateTaxes #TaxStrategy #CostSegregation #PartialAssetDisposition #RealEstateInvesting #WealthPlanning #TaxAttorney #PassiveIncome #TaxSavings #BristerTaxLaw
The Wealth Planning Podcast with Brister Law