Special Guest Chris Bird: Maximize Your Tax Savings Part Two
Everything Life and Real Estate - Un pódcast de Linda McKissack and Dana Gentry - Martes
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On this episode, Chris Bird discusses how successful agents know the importance of having a business entity. He also explains stepped up basis, which is a tax benefit that occurs when an asset is transferred after death, and cash balance defined benefit plans for retirement savings. He also breaks down the pass-through entity tax loophole for S corporations or partnerships in states with income taxes to save on taxes without cost. He briefly touches upon LLCs being able to be taxed as S corps while advising agents to consult a CPA. Get your Episode Guide here https://courses.lindamckissack.com/elar-episode-guide
