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

<p><span style="font-weight: 400;">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!</span></p> <p> </p> <p><strong>Best Ever Tweet:</strong></p> <p><span style="font-weight: 400;">“It’s really a pretty simple thing to do, it’s just not well known” - Bruce Jones</span></p> <p> </p> <p><strong>Bruce Jones Background:</strong></p> <ul> <li style="font-weight: 400;"><span style= "font-weight: 400;">President/CEO of TaxWealth, LLC, a tax analysis and solutions research company</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Over 23 years he has served owners of real estate, privately-held businesses and other appreciated assets.</span></li> <li style="font-weight: 400;"><span style= "font-weight: 400;">Contributing editor to real estate and other industry publications, writes on tax planning issues and speaks extensively on this topic.</span></li> <li style="font-weight: 400;"><span style= "font-weight: 400;">Discusses strategies for reducing taxes on flips and rentals without doing a 1031 exchange.</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Based in Orange County, California</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Say hi to him at</span> <a href= "http://www.capitalgainstaxplan.com"><span style= "font-weight: 400;">www.capitalgainstaxplan.com</span></a> <span style="font-weight: 400;">or 949-627-8724</span></li> <li style="font-weigh