Evolution of Real Estate Trends & Tax Implications
This week on Let’s Talk Tax, host Tim LeMasters is joined by Dave McGuire, a shareholder at McGuire Sponsel, to delve into the intricacies of tax planning and real estate trends. Drawing from his 26 years of experience in depreciation and cost segregation, Dave covers the evolution of real estate markets, the impact of changing interest rates, and the opportunities presented by distressed properties. They also discuss the significance of opportunity zones, current tax implications, and the benefits of maximizing deductions and utilizing various tax credits, including those from the Inflation Reduction Act. Tune in for a thorough exploration of strategic tax planning and real estate investing during these dynamic times.