Recently I was interviewed by expert real estate investor and mentor Laura Al Amery about tax planning for real estate investors, property flippers and landlords. Listen along below as Laura asks and I answer her following questions:
- What types of records should real estate investors keep if they either wholesale properties, or buy and hold?
- When should an investor use an LLC vs. a corporation?
- Does it make a difference if a real estate investor is taxed as a sole proprietor?
- When can a real estate investor pay capital gains taxes vs. income taxes?
