Bigger Cash Flow Podcast 013: Tax Benefits of Real Estate Investing with Logan Allec, CPA

Logan Allec is a CPA, real estate investor, and owner of the personal finance blog Money Done Right. After spending nearly 10 years as a tax adviser helping big businesses save money, he launched Money Done Right in 2017 with a mission to help people learn how to make extra money and grow their passive income streams. Logan and his wife Caroline live in the Los Angeles area.

On this episode you’ll learn:

Tax benefits of real estate

DIY or hire somebody

Schedule E basics

Bookkeeping mistakes that we see with newbie investors

Depreciation Expense and myths (Bonus depreciation)

Use of entities (LLC, S-Corp, C-Corp)

Qualified Business Income

How do you use the money in your LLC? Commingling funds.

Contact Info:

Logan’s YouTube Page: https://www.youtube.com/channel/UCQ9WUXlSuLlbi5BLkgtEUEA

Logan’s Website: https://moneydoneright.com