Amanda Han
Amanda Han
  • Видео 219
  • Просмотров 74 446
12 S Corp Mistakes #amandahan #scorporation #scorp #llc #taxplanning #taxtips #taxes #taxexpert #cpa
Using an S Corporation can save you big on taxes, but only if you avoid these common mistakes! Make sure your S Corp is working for you-not against you.
00:00 Intro
00:43 What is active income?
01:58 Why is an S-Corp better?
03:24 #1 Don't Form an S Corp
04:56 #2 Don't Form It Too Early
06:52 #3 Don't Forget to Pay Yourself
07:34 #4 Paying Yourself Too Much
08:48 #5 Don't Title Your Car Wrong
09:36 #6 Don't have Too Many S Corps
10:55 #7 Don't Forget to Pay Your Health Insurance Correctly
11:24 #8 Don't Forget to Pay Towards Your Retirement
12:35 #9 Don't Forget to Grow Your Investment Funds
13:45 #10 Don't Buy Assets in Your S Corp
15:11 #11 Don't Liquidate Debt in Your S Corp
16:19 #12 Don't Pay Your...
Просмотров: 42

Видео

$100k Tax Write-off in 100 Hours #amandahan #realestate #realestateinvesting2025 #realestate2025
Просмотров 45921 час назад
Writing off $100k in taxes with just 100 hours? This is one of the favorite tax loopholes for those investing in Airbnb. But why do we call it a "loophole," and what exactly does 100 hours mean? Let's dive in. 00:00 Intro 00:34 Rules 01:05 Most Common & Hardest Rules to Meet 02:14 What is Short-Term Rentals? 03:07 100-Hour Loophole ABOUT MY CHANNEL Are you ready to save on taxes and keep more o...
Coliving with PadSplit #amandahan #realestate #realestateinvesting #padsplit #realestate #shorts
Просмотров 12414 дней назад
What exactly is coliving, and who is it designed for? In this video, Ellis, Corey, and Lara share their inside scoop on what you need to know about coliving. Chapters: 00:00 Intro 00:15 What is Coliving? 01:22 Why is PadSplit on the Rise? 02:27 Who is Coliving For? 03:30 How Much Work is Involved? ABOUT MY CHANNEL Are you ready to save on taxes and keep more of your hard-earned money? Join me e...
Why the IRS Doesn’t Want You to Know This: The Truth About Audits and Deductions #amandaham #irs
Просмотров 1,3 тыс.21 день назад
Why the IRS Doesn’t Want You to Know This: The Truth About Audits and Deductions #amandaham #irs
Do This to Save on Taxes Before Year-End #taxes #taxplanning #financialplanning #cpa #yearendtaxtips
Просмотров 98228 дней назад
Do This to Save on Taxes Before Year-End #taxes #taxplanning #financialplanning #cpa #yearendtaxtips
Stock or Real Estate: Which One Will Make You Wealthy? #realestateinvesting #investing #realestate
Просмотров 835Месяц назад
Stock or Real Estate: Which One Will Make You Wealthy? #realestateinvesting #investing #realestate
Write Off $100k with No Cash? #amandahan #taxes #taxplanning #taxplanningtips #taxplanningstrategies
Просмотров 360Месяц назад
Write Off $100k with No Cash? #amandahan #taxes #taxplanning #taxplanningtips #taxplanningstrategies
Election Results: Real Estate Tax Changes Ahead? #amandahan #realestatetax #taxadvice #taxes101
Просмотров 1,4 тыс.Месяц назад
Election Results: Real Estate Tax Changes Ahead? #amandahan #realestatetax #taxadvice #taxes101
3 Ways Wealthy People Avoid Taxes #AmandaHan #taxes101 #taxadvice #taxplanning #avoidtaxes
Просмотров 1,3 тыс.Месяц назад
3 Ways Wealthy People Avoid Taxes #AmandaHan #taxes101 #taxadvice #taxplanning #avoidtaxes
4 Tax Blunders Your CPA May Be Making on Your Taxes #AmandaHan #taxes #taxadvice #taxtips #taxadvice
Просмотров 1,5 тыс.2 месяца назад
4 Tax Blunders Your CPA May Be Making on Your Taxes #AmandaHan #taxes #taxadvice #taxtips #taxadvice
Best Tax Loopholes for Married Couples Who Invest in Real Estate #taxloopholes #Married #realestate
Просмотров 2 тыс.2 месяца назад
Best Tax Loopholes for Married Couples Who Invest in Real Estate #taxloopholes #Married #realestate
Using Real Estate to Pay Less Tax #realestate #realestatetaxtips #taxplanning #taxes #taxadvantages
Просмотров 1,1 тыс.2 месяца назад
Using Real Estate to Pay Less Tax #realestate #realestatetaxtips #taxplanning #taxes #taxadvantages
Tax Loopholes & What To Do When You’re Audited #taxes #taxtips #taxhelp #taxplanning #taxstrategies
Просмотров 1,5 тыс.2 месяца назад
Tax Loopholes & What To Do When You’re Audited #taxes #taxtips #taxhelp #taxplanning #taxstrategies
How to Find the Right CPA #cpa #certifiedpublicaccountant #taxes #amandahan #taxplanning #taxadvice
Просмотров 1,5 тыс.3 месяца назад
How to Find the Right CPA #cpa #certifiedpublicaccountant #taxes #amandahan #taxplanning #taxadvice
Amazing Tax Benefits of Investing in Boutique Hotels #realestateinvesting #boutiquehotels #investing
Просмотров 6503 месяца назад
Amazing Tax Benefits of Investing in Boutique Hotels #realestateinvesting #boutiquehotels #investing
Learn How to Save Over $80k in Taxes With Just One Short-Term Airbnb Rental #passiveincome
Просмотров 5023 месяца назад
Learn How to Save Over $80k in Taxes With Just One Short-Term Airbnb Rental #passiveincome
5 Ways to Use Real Estate to Avoid W 2 Taxes #taxplanning #taxadvantages #tax #tax2024 #AmandaHan
Просмотров 1,6 тыс.3 месяца назад
5 Ways to Use Real Estate to Avoid W 2 Taxes #taxplanning #taxadvantages #tax #tax2024 #AmandaHan
5 steps to maximize your tax savings #taxes #taxplanning #investing #taxstrategies #taxsavings
Просмотров 4814 месяца назад
5 steps to maximize your tax savings #taxes #taxplanning #investing #taxstrategies #taxsavings
6 Reasons to Use Your IRA to Invest in RE #retirementplanning #realestate #investing #AmandaHan
Просмотров 1914 месяца назад
6 Reasons to Use Your IRA to Invest in RE #retirementplanning #realestate #investing #AmandaHan
Avoid an IRS Audit with These 6 Steps #irsaudit #irs #taxaudit #taxauditduedateextention #AmandaHan
Просмотров 1244 месяца назад
Avoid an IRS Audit with These 6 Steps #irsaudit #irs #taxaudit #taxauditduedateextention #AmandaHan
Airbnb Tax Loophole #airbnb_business #realestatetaxloopholes #airbnbtaxstrategy #AmandaHan
Просмотров 1334 месяца назад
Airbnb Tax Loophole #airbnb_business #realestatetaxloopholes #airbnbtaxstrategy #AmandaHan
How to Deduct 100% Even Though Bonus Depreciation is Gone #realestate #realestateinvesting #taxes
Просмотров 9645 месяцев назад
How to Deduct 100% Even Though Bonus Depreciation is Gone #realestate #realestateinvesting #taxes
3 Things to Do Before Filing Your Taxes #taxes2024 #taxreturn #incometax #taxrefund #taxsaving
Просмотров 7585 месяцев назад
3 Things to Do Before Filing Your Taxes #taxes2024 #taxreturn #incometax #taxrefund #taxsaving
How to Write Off Your Vacation the Right Way #taxincentives #realestate #AmandaHan #taxstrategies
Просмотров 1,4 тыс.5 месяцев назад
How to Write Off Your Vacation the Right Way #taxincentives #realestate #AmandaHan #taxstrategies
4 Tips for Choosing Your Ideal First Rental Property #AmandaHan #realestate #financialfreedom
Просмотров 1,3 тыс.6 месяцев назад
4 Tips for Choosing Your Ideal First Rental Property #AmandaHan #realestate #financialfreedom
How many rentals needed to meet real estate professional status? #realestate #rentalproperty #amanda
Просмотров 1,4 тыс.6 месяцев назад
How many rentals needed to meet real estate professional status? #realestate #rentalproperty #amanda
5 Things to Know About Writing Off Your Car for Business #taxesmadesimple #taxexpert #taxplanning
Просмотров 3486 месяцев назад
5 Things to Know About Writing Off Your Car for Business #taxesmadesimple #taxexpert #taxplanning
Is Your CPA Costing You Money? | Tax Planning RED FLAGS! #cpa #investing #taxplanning #CPACosting
Просмотров 5987 месяцев назад
Is Your CPA Costing You Money? | Tax Planning RED FLAGS! #cpa #investing #taxplanning #CPACosting
Is 100% Bonus depreciation coming back??
Просмотров 2407 месяцев назад
Is 100% Bonus depreciation coming back??
How the Rich Use Taxes to Build Wealth
Просмотров 4657 месяцев назад
How the Rich Use Taxes to Build Wealth

Комментарии

  • @goathouse7936
    @goathouse7936 8 часов назад

    2025 live

    • @amandahancpa
      @amandahancpa 6 часов назад

      www.keystonecpa.com/pl/2148617172

  • @madhurswaroop8970
    @madhurswaroop8970 19 часов назад

    2025 LIVE

    • @amandahancpa
      @amandahancpa 17 часов назад

      www.keystonecpa.com/pl/2148617172

  • @eac26114653
    @eac26114653 5 дней назад

    I've seen your name as a co-author on several "tax books". Somehow this video popped up on my youtube list. I think I will watch a few of your videos. Cheers.

  • @robbybaggio4007
    @robbybaggio4007 6 дней назад

    Thanks for sharing. I’ve watched a few videos about this but it is never mentioned if the write off is only allowed during year one or if you can do it every year that you own and rent out the property.

    • @amandahancpa
      @amandahancpa 5 дней назад

      You can use the strategy in any year that you own the rental property. However, the cost of segregation study is typically only done one time and not year after year.

    • @robbybaggio4007
      @robbybaggio4007 3 дня назад

      @ thx for answering my question. So one would take on a $40-50k annual mortgage for 30 years just to get a $60k depreciation deduction one year. I don’t see the plus side with this strategy

  • @briandeluca6908
    @briandeluca6908 7 дней назад

    100k is way too much. she could of dont it a lot cheaper. I have set up a few

  • @briandeluca6908
    @briandeluca6908 7 дней назад

    stop calling them airbnb. thats a comapnay name and not the actual activity. call it short term. im only talking about in the begging because you called them short term through the video.

  • @TheJanetNg
    @TheJanetNg 8 дней назад

    Thanks for sharing, Amanda! Do short term rentals include boutique hotels too? If so, can it be in a fund or a JV?

    • @amandahancpa
      @amandahancpa 5 дней назад

      Boutique hotels have a similar tax loophole as short-term rentals but technically they are in two different buckets. The strategies can be used in a joint venture.

    • @TheJanetNg
      @TheJanetNg 5 дней назад

      @ thanks! This was super helpful.

  • @LeoNora-v5f
    @LeoNora-v5f 17 дней назад

    I really appreciate your efforts! A bit off-topic, but I wanted to ask: I have a SafePal wallet with USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). Could you explain how to move them to Binance?

  • @ErbertoAune
    @ErbertoAune 17 дней назад

    Great content, as always! A bit off-topic, but I wanted to ask: My OKX wallet holds some USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). Could you explain how to move them to Binance?

  • @LeoNora-v5f
    @LeoNora-v5f 17 дней назад

    Thanks for the forecast! I need some advice: My OKX wallet holds some USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). Could you explain how to move them to Binance?

  • @richardrussell1025
    @richardrussell1025 19 дней назад

    There is legit concern when it comes to IRS. Have had them "lose" half a years worth of paid taxes and they wanted us to pay it again. Months of crap and their threats until we found someone who figured out their mistake. Stressful

  • @jtorrico
    @jtorrico 20 дней назад

    The rate of deductions not being taken... do u have citation?

  • @johnl9977
    @johnl9977 22 дня назад

    It really pays to be wealthy in this country, Republicans want to totally eliminate estate taxes so eventually the 1% will own absolutely everything in the country rather than the 60% that they do now.

  • @Verzula
    @Verzula 22 дня назад

    What

    • @nlibby5549
      @nlibby5549 22 дня назад

      If the property sells over 10mil, the family pays taxes on the amount over 10 million.

  • @jesst70
    @jesst70 Месяц назад

    Oh yes.... all of us making 500,000

  • @gmronin2002
    @gmronin2002 Месяц назад

    difference is you need a big capital for real estate while you don't need a big capital in stocks, though much riskier and needs discipline.

  • @hellonviss
    @hellonviss Месяц назад

    Isn’t bonus depreciation going away? And also depreciation for short term rentals?

    • @amandahancpa
      @amandahancpa Месяц назад

      It is scheduled to be reduced a bit each year for the next few years but with the new election results, it may come back to higher benefits. =)

  • @hellonviss
    @hellonviss Месяц назад

    But if you borrow against your home, stock portfolio, or rental property- YOU HAVE TO PAY IT BACK

    • @amandahancpa
      @amandahancpa Месяц назад

      Correct. The benefit ist the ability to access right now without paying taxes.

  • @youtubeSEOexpert520
    @youtubeSEOexpert520 2 месяца назад

    I want to talk about growing your RUclips channel. Can you give me some time. Please give me some time. Check your email inbox. I have sent you email

  • @ChristopherBusken
    @ChristopherBusken 3 месяца назад

    Are there specific accreditations that one should look for in their CPA for real estate?

    • @AmandaYHan
      @AmandaYHan 2 месяца назад

      A CPA license is always good :)

  • @brendaryan6157
    @brendaryan6157 3 месяца назад

    What ,the government has my social security money I paid in and won't give it to me all. What #$%^&%$$

  • @wendysharlow7627
    @wendysharlow7627 3 месяца назад

    They are dividing us again

  • @dennispuleo9575
    @dennispuleo9575 3 месяца назад

    If you were impacted by hurricane biden/harris Yes you may now be broke, owe thousands in credit card debt, and have a feeling that the ship is sinking YOU ARE CORRECT #SOUTHERNBORDER #FENTANYL

  • @janevandoren6614
    @janevandoren6614 3 месяца назад

    You've gotta be kidding me....these people just lost everything, including loved ones. Why does our government help illegal immigrants but not our USA citizens?

  • @PeteWilliams-yy8wg
    @PeteWilliams-yy8wg 3 месяца назад

    Stop filing your federal taxes now. You dont have to file!! Wake up now!

  • @KimzCourt-xj4rn
    @KimzCourt-xj4rn 3 месяца назад

    TAXATION WITHOUT REPRESENTATION IS THEFT. NO ONE IN THE uNited States of America is represented anymore. FUCK TAXES

  • @michelle8033
    @michelle8033 3 месяца назад

    Big whoop

  • @duanec.sutherland5292
    @duanec.sutherland5292 3 месяца назад

    I'm 63, retired, and I've had my money in S&P 500 funds (100% stock) since I started investing. I have made a great deal of money with my FA Kathie and I see no reason to change. The S&P 500 has made an average of 9.8% returns over the past 100 years. International and Bond funds are losers in my opinion because they don't make much money. This is just my amateur opinion which may not work for everyone.

    • @William-y1d-l5c
      @William-y1d-l5c 3 месяца назад

      How did you manage to succeed? I want to invest more wisely because I have a lump sum that inflation is slowly depleting.

    • @duanec.sutherland5292
      @duanec.sutherland5292 3 месяца назад

      Finding FAs like Kathie Daisy Bosco who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.

    • @William-y1d-l5c
      @William-y1d-l5c 3 месяца назад

      Thanks for sharing, I just looked her up on the web because this is equally important to me, and I would say she really has an impressive background in investing. I will write her an e-mail shortly.

    • @MoniqueJ-g2s
      @MoniqueJ-g2s 3 месяца назад

      The thoughts and ideas here are remarkable

  • @marlowkaplan3584
    @marlowkaplan3584 3 месяца назад

    Taxes are slavery

  • @STR8ACECobrasVP
    @STR8ACECobrasVP 3 месяца назад

    Does the STR losses work if we get paid through K-1 partnership income?

  • @JonBallRealEstate
    @JonBallRealEstate 4 месяца назад

    Is there any way to get tax savings if I used my $50k heloc to lend for someone in real estate? I'm only expecting to make $4k on it I have a w2

  • @seewingyeerealestatecoach
    @seewingyeerealestatecoach 4 месяца назад

    I have used these strategies you have mentioned for my investors for years. Yet still a vast majority of my investors, to this day, are not aware of using SD-IRA with non-recourse loans. However only First Western Federal Savings Bank promote Non-recourse loans and due to high rate environment today, they can only do 70% down IRA and 30% LTV, not the 30%/70% ratio you used in your video example.

    • @amandahancpa
      @amandahancpa 4 месяца назад

      Check with IRA custodians since they often have a list of non recourse lenders

  • @nikkiluvssf
    @nikkiluvssf 4 месяца назад

    Thanks, Amanda. Do you have a video or podcast talking in detail about the benefits of being able to claim real estate professional status?

    • @amandahancpa
      @amandahancpa 4 месяца назад

      I will add it to my content ideas list =)

  • @scar9832
    @scar9832 4 месяца назад

    Great video! These tips are very helpful.

  • @kimvanloozenoord1741
    @kimvanloozenoord1741 5 месяцев назад

    Does the structure of how your business is set up reflect whether you can take this as a write over. Our business is set up in a LLC

  • @hashimsalim2665
    @hashimsalim2665 5 месяцев назад

    good point

  • @seewingyeerealestatecoach
    @seewingyeerealestatecoach 5 месяцев назад

    Finally. Starting your own YT channel. Should have done it long time ago. However, you will get lots of subs. as you are the best. Look forward to watching your contents. Thanks.

    • @amandahancpa
      @amandahancpa 5 месяцев назад

      Aw.. thanks for your support as always ❤

  • @patalford1345
    @patalford1345 5 месяцев назад

    I notice that Minnesota should be in 4th and Oregon should be in 5th place. Hmmm, not sure if this info is reliable if that screw up is missed.

  • @shadow.edgehog
    @shadow.edgehog 5 месяцев назад

    Are there firms for school segregation too?

  • @scar9832
    @scar9832 5 месяцев назад

    Great tips. Thank you!

  • @bbq8282
    @bbq8282 5 месяцев назад

    Let’s hope 100% bonus depreciation come back after the election!

    • @amandahancpa
      @amandahancpa 5 месяцев назад

      Yes let’s hope so 😊

  • @ASINGH-zg8kq
    @ASINGH-zg8kq 5 месяцев назад

    EXCELLENT ADVICE 👌

  • @amirmir3244
    @amirmir3244 6 месяцев назад

    Wonderful content. Bravo 👏🏼 👏🏼

    • @AmandaYHan
      @AmandaYHan 6 месяцев назад

      Happy to help 😊

  • @gravityhurts7713
    @gravityhurts7713 7 месяцев назад

    New investor, thanks for your advice!

  • @jasonzamora3618
    @jasonzamora3618 7 месяцев назад

    yeah, tell me Biden's admin wouldn't say they were the reason why things get fixed. And tell me, there wouldn't be sycophants that would vote for him, thinking he's the reason despite 4 yrs of crap. I'm one of those this affects as well but I hate Biden with the passion of 10 dwarf stars. I'm cool with this shitty as state of the union so long as the win goes to someone else. In this case the ACTUAL business man, Trump.

  • @jpage2500
    @jpage2500 7 месяцев назад

    Let’s Go in bonus depreciation

  • @tritt78
    @tritt78 7 месяцев назад

    Really good stuff Amanda! I’m in need of a tax person, any tips on finding a good cpa?

    • @amandahancpa
      @amandahancpa 7 месяцев назад

      me?

    • @tritt78
      @tritt78 7 месяцев назад

      @@amandahancpa ah nice! I assumed I probably couldn’t afford you. But let me apply through the website and maybe I can!

  • @daveandaya4626
    @daveandaya4626 8 месяцев назад

    Nice video ! I been doing this strategies to offset my W2 income , HSA , IRA and real state rental ., the problem is in real state has lots of limitation due to income limit of 150k any strategy to waive of this ? Thanks!

  • @daveandaya4626
    @daveandaya4626 8 месяцев назад

    Nice video very informative, I just subscribed your page, I’m exciting to watch all of your other videos regarding real state investing to save taxes. Are you CPA? If LlC is just for liability protection if I sell the property under LLc it would be subjected to capital gain Tax? Thanks

  • @aashishrulz
    @aashishrulz 8 месяцев назад

    In terms of short term rental: if I have investment property that are rented out through property management, but I spend actively atleast 100-200hr ina year in total, does that qualify me to take right off on w2