JF1176: Tax Planning Strategies For Flippers, Landlords, And Commercial Investors with Bruce Jones

Bruce has over 47 years of experience in financial services, with an emphasis on real estate. Today he’ll share case studies with us on how he has been able to save his clients a lot of tax money. We’ll hear how a client who is a flipper is able to take his gains from a flip, use them to buy another flip, deferring the taxes until he doesn’t want to buy anymore properties. We’ll also hear about an alternative to 1031 exchanges that defers paying taxes, but does not force you to buy more real estate, along with more unique strategies Bruce helps his clients with. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“It’s really a pretty simple thing to do, it’s just not well known” - Bruce Jones

 

Bruce Jones Background:

• President/CEO of TaxWealth, LLC, a tax analysis and solutions research company
• Over 23 years he has served owners of real estate, privately-held businesses and other appreciated assets.
• Contributing editor to real estate and other industry publications, writes on tax planning issues and speaks extensively on this topic.
• Discusses strategies for reducing taxes on flips and rentals without doing a 1031 exchange.
• Based in Orange County, California
• Say hi to him at www.capitalgainstaxplan.com or 949-627-8724
• Best Ever Book: Good to Great by Jim Collins

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