Podcast appearances and mentions of ryan bakke

Ready to save $10k-$50k in taxes this year? Book a call here:► https://taxstrategy365.com/pod-appIn this episode, Ryan Bakke breaks down the key differences between LLCs and S Corporations—and why putting your rental real estate in an S Corp could cost you thousands in taxes. While S Corps are great for service-based businesses, Ryan walks through three major tax traps for real estate investors who use them. He also shares his recommended entity structure for those running both passive rental portfolios and active real estate businesses. If you're a real estate investor or advisor trying to optimize your tax strategy, this episode is essential listening.Timestamps:00:00:00 – Intro: When an LLC beats an S Corp for real estate00:00:37 – Key differences: Tax treatment, liability, and ownership flexibility00:01:44 – Why S Corps are popular for service businesses (and when they work)00:02:29 – How an S Corp can save $9,000/year in self-employment tax00:03:43 – Why those savings don't translate to real estate investing00:04:12 – S Corp disaster #1: Losing depreciation deductions00:05:40 – S Corp disaster #2: Refinance triggers a taxable event00:07:28 – What happens when you move property from an S Corp to personal name00:08:25 – S Corp disaster #3: Paying self-employment tax on passive income00:09:26 – When S Corps do make sense (flipping, development, active real estate)00:10:08 – Ryan's recommended entity structure: Active vs. Passive buckets00:10:29 – Benefits of using LLCs for rentals: Depreciation, 1031s, flexibility00:11:11 – Recap: Avoiding tax nightmares with the right structureWant me to answer your real estate questions? Come to my next Ask Me Anything Q&A:► https://taxstrategy365.com/pod-amaLet's connect!► Instagram: https://www.instagram.com/ryanbakkecpa/► LinkedIn: https://www.linkedin.com/in/ryanbakkecpa/► Twitter: https://twitter.com/RyanBakkeCPA► Facebook: https://www.facebook.com/ryanbakkecpa► TikTok: https://www.tiktok.com/@ryanbakkecpa⁠*None of this is meant to be specific investment advice, it's for entertainment purposes only.

Episode 250FACULTY: Ryan Bakke, CPACLASS: #ShoperationsIn this episode, Ryan Bakke, CPA discusses his incredible journey of building a $3 million accounting firm by the age of 26. Ryan shares insights on the importance of a good hook in marketing, strategies for running a successful firm, and leveraging social proof through platforms like Facebook. He also delves into his motivations for leaving Deloitte, the value of mentorship, and his future goals for rapid growth and acquisition within the accounting profession. Ryan's story is a testament to how far standing on the shoulders of giants can get you.

Dr. Lauren Fitz and Melissa McAllister welcome Ryan Bakke, a CPA specializing in real estate, and Mick McAllister, Melissa's husband, to discuss their experiences with real estate investing. Ryan shares how he became interested in real estate taxation after noticing that a client who owned 18 apartment buildings paid less in taxes despite earning more income. Mick discusses his transition from selling high-end cars to investing in real estate, inspired by a friend who made significant profits flipping houses. He emphasizes the importance of taking calculated risks and seeking guidance from experts like Ryan. The conversation touches on: The benefits of real estate investing for tax purposes The importance of seeking guidance from experts Overcoming limiting beliefs about earning potential The value of taking calculated risks and being open to new opportunities The discussion provides valuable insights for listeners interested in exploring real estate investing and taxation strategies. https://taxstrategy365.com/       Melissa McAllister FNTP, FNC, RWP I wasn't always a health nut – in fact, I used to be a French Fries and Pepsi connoisseur! But after having my children, I realized the importance of properly caring for my body. That's when my love for fitness was born. Now, after years of training and supporting clients, I'm a Functional Nutritional Therapy Practitioner, Functional Nutrition Coach, Restorative Wellness Practitioner, Therapeutic Fasting & Gut Health Expert, creator of the M.A.D.E. Diet program, and co-host of The Made Fitz Podcast. Let me help you take control of your health and achieve your best life. melissamadeonline.com              themadediet.com               travelingnutritionist.com   Lauren Fitzgerald M.D. The anesthesiologist who broke up with conventional medicine. Of course, that's a very condensed version of how Dr. Lauren Fitz found – and quickly became a leader in – functional medicine. It was upon dealing with her own health challenges, and seeing that Western medicine continued to fail her, that she decided to explore a more holistic approach to healing. What she found ultimately saved her life – and turned her path in medicine in the right direction. Dr. Fitz moved to St. Charles, Illinois in 2020 and opened Larimar Med after months of renovation. Today, Dr. Fitz provides functional medicine care to patients in all 50 states through virtual and in-person visits. She also provides a revolutionary weight loss program, a menu of advanced body contouring services, and neurotoxin injections.  larimarmed.com Thank you so much for listening to this episode! We are honored and excited to be on this journey toward personal growth, a healthy lifestyle, and a greater more confident you. We'd love to hear from you. So, please share this episode with anyone you think needs to hear this message and remember to rate, review and subscribe wherever you listen to podcasts. We are Melissa McAllister & Dr. Lauren Fitzgerald. And until next time, thank you for being your own health advocate.  xo, Melissa & Dr. Fitz

Bill sits down with Jeff Hampton to discuss his new book, 'The Investor's Blueprint to Asset Protection Made Simple,' highlighting its approachable language and practical advice. The discussion emphasizes the importance of asset protection as wealth increases, covering topics such as lawsuits, LLC structures, and the Corporate Transparency Act. Jeff explains how the Anderson model of asset protection and other traditional strategies may fall short, advocating for a layered approach combining LLCs, holding companies, limited partnerships, and insurance. They delve into common misconceptions about asset protection, stressing the need for LLCs in suitable states and the advantages of holding companies in jurisdictions like Wyoming, Delaware, and Texas. Jeff also highlights the often-overlooked importance of comprehensive insurance coverage, including premises liability, all-risk coverage, and loss of income protection. Furthermore, Jeff provides insights into the Corporate Transparency Act, which mandates federal filing of personal information for LLC owners and its current legal challenges, noting that filing is not currently mandatory. The conversation wraps up with the role of tax strategies in real estate investing, emphasizing collaboration between attorneys and CPAs like Ryan Bakke. Bill underscores the value of having knowledgeable professionals like Jeff Hampton for legal and tax advice, advocating for proactive measures in asset protection and comprehensive risk mitigation. The episode provides a masterclass for investors on crucial legal and insurance details, urging proactive preparation to safeguard assets efficiently. 00:00 Introduction and Welcome 00:55 Introducing Jeff Hampton and Asset Protection 01:38 The Importance of Asset Protection 02:18 Jeff's Journey and Expertise 04:44 Understanding Asset Protection Strategies 11:26 Legal Nuances and State Laws 19:28 Insurance and Risk Management 25:26 Understanding Rental Insurance Exclusions 26:01 Risk Mitigation for High-Risk Assets 26:52 The Importance of Insurance Alignment 28:10 Key Insurance Coverage Areas 30:37 Navigating Loss of Income Policies 32:45 Tax Strategies for Real Estate Investors 38:31 The Corporate Transparency Act Explained 44:03 Final Thoughts and Resources https://www.marketmystr.com/ https://www.youtube.com/channel/UCmirrHkHQfIKR_WCbiCydJg https://www.instagram.com/jeffhamptonstrlaw/ ➡️ Connect with us: • Join Our Facebook Group: https://www.facebook.com/groups/284886002732508  • Check Out Our website: https://buildstrwealth.com/  • Bill's Instagram: https://www.instagram.com/billfaeth73 • Brea's Instagram: https://www.instagram.com/breafaeth/  • TikTok: https://www.tiktok.com/@bfaeth  On Bill Faeth Unfiltered, Bill Faeth breaks down the ins and outs of short-term rental hosting, giving listeners actionable advice that they can use to take their businesses to the next level. Subscribe/Follow so you never miss an episode! #BFUnfiltered #BillFaeth #STR Learn more about your ad choices. Visit megaphone.fm/adchoices

Bill welcomes Ryan Bakke, a tax strategist, who discusses essential tax-saving strategies for entrepreneurs, property owners, and real estate investors. Ryan emphasizes the importance of proper bookkeeping and having a CPA for effective tax planning and minimizing audit risks. They discuss using quarterly meetings with CPAs for accurate tax estimates and prepaying taxes to avoid penalties. Ryan explains the value of paying children for business tasks, contributing to their Roth IRAs, and ensuring proper documentation for IRS compliance. The duo also highlights the benefits of cost segregation studies to offset W2 income for STR owners who meet material participation requirements. They stress the importance of planning and executing tax strategies before the end of the fiscal year. Ryan gives actionable advice on prepaying for business expenses and leveraging retirement accounts. You don't want to miss this episode! stayfi.com/bill Discount code: BILL https://www.marketmystr.com/ 00:00 Introduction to Bill Faeth Unfiltered 00:14 Revolutionary Product: StayFi 01:10 Exclusive StayFi Offer 01:47 Meet Tax Expert Ryan Bakke 02:31 Tax Strategies for Business Owners 03:35 Importance of Proper Bookkeeping 06:52 Prepaying Estimated Taxes 10:09 Solo 401k and Retirement Planning 16:27 Paying Your Kids: The Ultimate Tax Hack 20:42 Cost Segregation Strategies 25:12 Conclusion and Contact Information ➡️ Connect with us: • Join Our Facebook Group: https://www.facebook.com/groups/284886002732508  • Check Out Our website: https://buildstrwealth.com/  • Bill's Instagram: https://www.instagram.com/billfaeth73 • Brea's Instagram: https://www.instagram.com/breafaeth/  • TikTok: https://www.tiktok.com/@bfaeth  On STR Unfiltered, Bill Faeth breaks down the ins and outs of short-term rental hosting, giving listeners actionable advice that they can use to take their businesses to the next level. Subscribe/Follow so you never miss an episode! #STRUnfiltered #BillFaeth #STR Learn more about your ad choices. Visit megaphone.fm/adchoices

Ryan Bakke shares his remarkable journey from college to securing a position at a prestigious Big Four firm, to owning his firm, Tax Strategy 365. Ryan's expertise doesn't stop at numbers; he's a master at building community and implementing innovative marketing strategies. We explore how he effectively engages his audience and cultivates a loyal client base, which has been essential to his success. Throughout our conversation, we touch on essential sales techniques and how Ryan has navigated the inevitable challenges that come with entrepreneurship. His candid stories and practical advice are sure to resonate with anyone looking to enhance their sales acumen.As we dive deeper, we discuss the importance of niche specialization in today's competitive market. Ryan shares his plans for the future, including how he intends to continue evolving his practice while maintaining a strong focus on his target audience. This episode is packed with inspiration and actionable insights that every aspiring accountant and entrepreneur will find valuable. Tune in to hear how Ryan's journey can guide you on your own path from zero to millions!What you'll hear in this episode:[2:05] Ryan's Journey To Becoming a Firm Owner[4:50] The Entrepreneurial Leap[6:35] Building a Community and Marketing Strategies[12:55] Sales Techniques and Overcoming Challenges[26:25] Niche Specialization and Future PlansCheck out Ryan's Facebook group https://www.facebook.com/groups/taxsmartinvestors/Connect with Ryan https://www.linkedin.com/in/learnlikeacpaConnect with Kelly https://www.linkedin.com/in/kellyrohrs/Connect with Bilal https://www.linkedin.com/in/bmehanna/

This week on No Vacancy we welcome back Ryan Bakke from @learnlikeacpa! Instead of talking about taxes today, Ryan comes on to break down his 7 steps to achieving financial freedom. Ryan has been teaching more and more about personal finance, so I had to get him to come share his insights with us! This episode is action packed with 7 steps you can take TODAY to turn your financial situation around, regardless of your starting point. Connect: Show Notes | Start Your Airbnb  Instagram Podcast Producer: Kelsey Tran | kelsey@hospitality.fm Learn more about your ad choices. Visit megaphone.fm/adchoices

This episode of the Cashflow Positive podcast is part two of "The Beginner's Luck Trap." This time out, Kenny sits down with Ryan Bakke, host of the Learn Like a CPA podcast to discuss the hidden dynamics of investment success. You'll hear about the allure of different asset classes along with insights on how initial wins can lead to false confidence. Through relatable analogies and real-world examples, Kenny and Ryan highlight how unpredictable events can disrupt even the best-laid plans, making a strong case for caution, adaptability, and the value of building a financial safety net.Discover the power of strategic diversification, as the hosts illustrate how this approach can create unexpected vulnerabilities, especially in specific sectors or regions prone to market shifts and environmental impacts. Kenny and Ryan reveal how diversifying across different markets and types of investments helps to buffer against risk and maximize returns. With a blend of humor and expertise, the episode offers deeper strategies that investors can apply, whether you're just starting out or already managing a diverse portfolio.If you've enjoyed this episode of the Cashflow Positive podcast, be sure to leave a review and subscribe today!Enjoy!In This Episode You'll Learn:The importance of balancing risk and safety in investments, particularly in real estate, and the pitfalls of putting too much net worth into a single property.The concept of a "Buy Box" for properties that meet specific net income criteria, similar to commercial real estate trading.Why having multiple scenarios in pro forma analysis helps account for potential risks and ensure financial stability.The value of understanding the political and economic climate of the areas where investments are made, to aid in risk mitigation.And much more...Resources:Learn Like a CPA podcastRyan's LinkedInKenny's LinkedInKenny's Instagram

Rich is interviewed by Ryan Bakke on the LearnLikeACPA podcast where Rich shares his journey cashing out his 401k to buy his first couple of deals, and scaling to $80M, through the real estate investing space and his approach to investments and deals. Ryan Bakke is a real estate tax strategist, and also a investor in the Somers Capital Boutique Hotel Fund.--Connect with Rich on Instagram: @rich_somersInterested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call. Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.

Ryan Bakke has built Tax Strategy 365 very quickly and his profit margins are 20-30% better than most similar tax firms. This also makes it difficult to place a value on and tough to tempt him to want to sell. We dive deep into the marketing tactics and funnel he uses to grow quickly and where his firm is headed before he tries to sell. Ryan Bakke on X: https://twitter.com/LearnLikeaCPATax Strategy 365 website: https://taxstrategy365.com/Patrick Dichter on X: https://twitter.com/patrickdichterClint Fiore on X: https://twitter.com/ClintFiore

Ryan Bakke's Tax Prep: https://retaxprep.com/apply?am_id=billfaeth2205 Bill is joined by Ryan Bakke, a key team member and expert in financial and tax planning. They discuss critical steps for financial stability, including establishing an emergency fund, leveraging 401k matches, calculating the financial independence number, and strategically investing in real estate. Ryan also introduces a new affordable tax preparation program designed for real estate investors. The episode wraps up with insights on the importance of proper tax planning and financial management to avoid costly mistakes and optimize returns. stayfi.com/bill Discount code: BILL https://buildstrwealth.com/innercircle Bootcamp Tour: https://go.buildstrwealth.com/tour ➡️ Connect with us: • Join Our Facebook Group: https://www.facebook.com/groups/284886002732508  • Check Out Our website: https://buildstrwealth.com/  • Bill's Instagram: https://www.instagram.com/billfaeth73 • Brea's Instagram: https://www.instagram.com/breafaeth/  • TikTok: https://www.tiktok.com/@bfaeth  On STR Unfiltered, Bill Faeth breaks down the ins and outs of short-term rental hosting, giving listeners actionable advice that they can use to take their businesses to the next level. Subscribe/Follow so you never miss an episode! #STRUnfiltered #BillFaeth #STR Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode, we're diving into the often confusing world of second home occupancy loans and how they intersect with IRS rules. Understanding the nuances between lender requirements and tax regulations can be tricky, especially for those looking to invest in vacation properties. To help clarify these complexities, I'm joined by CPA Ryan Bakke, an expert in tax strategy and real estate. Together, we'll break down the key differences, discuss common misconceptions, and offer practical advice for navigating both lender policies and tax obligations. Whether you're a current or prospective second homebuyer, this episode is packed with valuable insights to help you make informed decisions. https://www.learnlikeacpa.com/store I am always happy to jump on a call www.STRHomeFinancing.com

In this episode of the Learn Like a CPA show, Ryan Bakke delves into the critical concept of the debt-to-income ratio (DTI) and its impact on real estate investors' ability to scale their portfolios and achieve financial goals. Ryan offers practical advice on how to calculate and manage DTI, the importance of lender relationships, and strategies for maintaining borrowing power. Key topics covered include: Calculating your debt-to-income ratio Importance of maintaining a relationship with your lender Differences between short-term and long-term rental income Strategies for depreciation vs. repair expenses Importance of liquidity in your investment portfolio Timestamps: 00:00:00 Intro 00:00:47 What is Debt-to-Income Ratio (DTI) 00:04:37 Short-Term vs. Long-Term Rental Income 00:08:12 Depreciation vs. Repair Expenses 00:11:55 Liquidity and Access to Capital Join my Facebook group, Tax Strategies for Real Estate Investors, and become part of a community with 5000+ high-level real estate investors ► Join here: https://www.facebook.com/groups/taxstrategyforinvestors Interested in working with me? Apply here: ► https://learnlikeacpa.mykajabi.com/Application,Let's connect! ► Instagram: https://www.instagram.com/learnlikeacpa ► LinkedIn: www.linkedin.com/in/learnlikeacpa ► Twitter: https://twitter.com/LearnLikeaCPA ► Facebook: https://www.facebook.com/learnlikeacpa ► Tiktok: https://www.tiktok.com/@learnlikeacpa *None of this is meant to be specific investment advice, it's for entertainment purposes only.

In this episode Austin sits down with Andria an 18 year old serial entrepreneur that has skilled an SMMA business. He breaks down what it takes getting into entrepreneurship at a young age and what his day to day looks like.

In this episode of the LearnLikeaCPA Podcast, host Ryan Bakke discusses the best times to convert to a Roth IRA, including key considerations and strategies for maximizing tax savings. In this video, we cover: - Shock in income years as ideal conversion opportunities - Leveraging real estate investments for tax advantages - Considering future changes in state income tax rates - Taking advantage of Roth conversions during market downturns - Building a tax-efficient retirement by diversifying income buckets Follow Ryan online: https://www.instagram.com/learnlikeacpa/ Timestamps: 00:00 Strategic tax planning for long-term financial savings. 03:51 How to use real estate losses to offset retirement conversions. 06:58 "Tax efficient retirement: diversified assets, Roth IRA." Join my Facebook group, Tax Strategies for Real Estate Investors, and become part of a community with 5000+ high-level real estate investors ► Join here: https://www.facebook.com/groups/taxstrategyforinvestors Interested in working with me? Apply here: ► https://learnlikeacpa.mykajabi.com/Application Let's connect! ► Instagram: https://www.instagram.com/learnlikeacpa ► LinkedIn: www.linkedin.com/in/learnlikeacpa ► Twitter: https://twitter.com/LearnLikeaCPA ► Facebook: https://www.facebook.com/learnlikeacpa ► Tiktok: https://www.tiktok.com/@learnlikeacpa *None of this is meant to be specific investment advice, it's for entertainment purposes only.

In this episode of the LearnLikeaCPA Podcast, Ryan Bakke and Austin discuss President Biden's proposed tax increases and their potential impacts. Dive into the details as they explore significant changes to tax policy and their effects on investors and the economy, like: - Proposed capital gains tax hike from 20% to 44.6% - Increase of the highest marginal tax bracket to nearly 40% - Doubling of Medicare taxes for individuals earning over $400k - Potential elimination of the 1031 exchange and its ramifications on real estate - Discussion on the broader economic and middle-class implications from these proposed tax changes Follow Ryan online: https://www.instagram.com/learnlikeacpa/ Timestamps: 00:00 Intro 00:27 How capital gains may face 48-49% taxes. 05:10 Why real estate investors hesitate to sell assets. 08:58 How the government limits investor loans to boost housing affordability. 10:14 The uncertainty about future tax. 13:33 The intrinsic nature of real estate. Join my Facebook group, Tax Strategies for Real Estate Investors, and become part of a community with 5000+ high-level real estate investors ► Join here: https://www.facebook.com/groups/taxstrategyforinvestors Interested in working with me? Apply here: ► join.learnlikeacpa.com/apply Let's connect! ► Instagram: https://www.instagram.com/learnlikeacpa ► LinkedIn: www.linkedin.com/in/learnlikeacpa ► Twitter: https://twitter.com/LearnLikeaCPA ► Facebook: https://www.facebook.com/learnlikeacpa ► Tiktok: https://www.tiktok.com/@learnlikeacpa *None of this is meant to be specific investment advice, it's for entertainment purposes only.

The Property Stacking Masterclass. https://buildstrwealth.com/550250masterclass In this episode of STR unfiltered, host Bill Faeth and guest Ryan Bakke, a CPA and real estate investor, share insights into the complexities of real estate investments, taxes, and maximizing returns. Ryan, renowned for saving Bill nearly $2 million in taxes, discusses the strategic tax benefits of investing in real estate, the impact of legislation like the cost segregation bill, and tactics to leverage tax refunds and deductions. The conversation also delves into the pitfalls and pressures of 1031 exchanges, the concept of a 'lazy 1031', and the importance of financial planning, liquidity, and carefully navigating investments to ensure financial security and optimize tax positioning. The duo underscores the importance of tailored advice, considering individual financial situations, goals, and risk tolerance in the dynamic landscape of real estate investment. 00:00 Introduction to STR Unfiltered with Bill Faith 00:15 Meet Ryan Bakke: The Tax Whiz Saving Millions 00:38 Deep Dive into Tax Strategies and Real Estate Investing 02:30 Navigating Tax Refunds, Amendments, and Financial Planning 05:32 The Intricacies of 1031 Exchanges in Real Estate 13:57 Strategic Portfolio Management and Financial Discipline 19:09 The Impact of Market Dynamics on Real Estate Investing 23:18 Closing Thoughts and Contact Information ➡️ Connect with us: • Join Our Facebook Group: https://www.facebook.com/groups/284886002732508  • Check Out Our website: https://buildstrwealth.com/  • Bill's Instagram: https://www.instagram.com/billfaeth73 • Brea's Instagram: https://www.instagram.com/breafaeth/  • TikTok: https://www.tiktok.com/@bfaeth  On STR Unfiltered, Bill Faeth breaks down the ins and outs of short-term rental hosting, giving listeners actionable advice that they can use to take their businesses to the next level. Subscribe/Follow so you never miss an episode! #STRUnfiltered #BillFaeth #STR Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode, our host, Ryan Bakke, sits down with special guest, Patryk Swietek, to discuss the ins and outs of buying property management companies for cash flow. In this episode, we cover: - Patryk's journey from selling server space online at 14 to buying his first short term rental property - The challenges and lessons learned from buying and managing short term rental properties - The importance of valuing and structuring deals when buying property management companies - Insights into the profitability and scalability of property management businesses - Tips for accessing funds and resources to start investing in property management companies Follow Patryk online: https://www.instagram.com/patryk_swietek/ Timestamps: 00:00 People management skills. 05:23 Partnering up to flip and renovate properties. 09:15 How to value contracts. 10:44 Unique acquisition strategies. 14:25 How to increase your business's valuation. 17:23 Buying businesses with SBA loans. Join my Facebook group, Tax Strategies for Real Estate Investors, and become part of a community with 5000+ high-level real estate investors ► Join here: https://www.facebook.com/groups/taxstrategyforinvestors Interested in working with me? Apply here: ► https://learnlikeacpa.mykajabi.com/Application Let's connect! ► Instagram: https://www.instagram.com/learnlikeacpa ► LinkedIn: www.linkedin.com/in/learnlikeacpa ► Twitter: https://twitter.com/LearnLikeaCPA ► Facebook: https://www.facebook.com/learnlikeacpa ► Tiktok: https://www.tiktok.com/@learnlikeacpa *None of this is meant to be specific investment advice, it's for entertainment purposes only.

In this LearnLikeaCPA Podcast episode, join host Ryan Bakke and guest Shannon Harr as they discuss Shannon's journey into real estate investing and the impact of tax strategies on her business.Covered in this episode:- How Shannon's experience at a boot camp transformed her real estate investment plans- The influence of Dave Ramsey's financial principles on Shannon's early investing decisions- Shannon's understanding of passive and active losses in real estate- The role of short term rental tax loopholes in offsetting federal tax liability- The importance of accurate bookkeeping and the impact on tax deductions Follow Ryan online: https://www.instagram.com/learnlikeacpa/ Timestamps: [00:00:00] Intro [00:00:50] Boot camp propelled my confidence and success. [00:06:03] Regret selling old home for new build. [00:09:10] Greater control leads to fewer missed deductions. [00:10:39] Reconsidering financial plans to improve bankability and options. [00:14:00] Learned about cost segregation, short-term rental tax. Join my Facebook group, Tax Strategies for Real Estate Investors, and become part of a community with 5000+ high-level real estate investors ► Join here: https://www.facebook.com/groups/taxstrategyforinvestors Interested in working with me? Apply here: ► https://learnlikeacpa.mykajabi.com/Podcast Let's connect! ► Instagram: https://www.instagram.com/learnlikeacpa ► LinkedIn: www.linkedin.com/in/learnlikeacpa ► Twitter: https://twitter.com/LearnLikeaCPA ► Facebook: https://www.facebook.com/learnlikeacpa ► Tiktok: https://www.tiktok.com/@learnlikeacpa *None of this is meant to be specific investment advice, it's for entertainment purposes only.

In this LearnLikeaCPA podcast episode, host Ryan Bakke and special guest Assaf Karmon discuss the journey of creating the property management app, Turno, and the benefits of using bonus depreciation in real estate investing. In this episode, we cover:- Assaf's vision for Turno and how it evolved to solve various problems in the short term rental industry.- The challenges of launching the app and acquiring the first customer.- How property owners can streamline their operations using Turno for multiple properties.- Insights on vetting and managing cleaners for short term rentals.- The benefits of bonus depreciation and tax strategies for real estate investors. Follow Ryan online: https://www.instagram.com/learnlikeacpa/ Timestamps: [00:00:00] Intro [00:00:36] Created app to solve scheduling, found more challenges. [00:05:39] Balancing customer and cleaner satisfaction in business. [00:07:19] Fair pay leads to better performance and reliability. [00:11:14] Flexible scheduling values employees more than money. [00:13:53] Consider reviews, sentiment, and trust in marketplace. [00:18:50] Quick mass adoption of financial education content. [00:20:53] Congress incentivizes investment to boost economy. [00:24:32] Options for using retirement money, tax strategies. [00:26:44] Divorce could be a blessing for investment. Join my Facebook group, Tax Strategies for Real Estate Investors, and become part of a community with 5000+ high-level real estate investors ► Join here: https://www.facebook.com/groups/taxstrategyforinvestors Interested in working with me? Apply here: ► https://learnlikeacpa.mykajabi.com/Application Let's connect! ► Instagram: https://www.instagram.com/learnlikeacpa ► LinkedIn: www.linkedin.com/in/learnlikeacpa ► Twitter: https://twitter.com/LearnLikeaCPA ► Facebook: https://www.facebook.com/learnlikeacpa ► Tiktok: https://www.tiktok.com/@learnlikeacpa *None of this is meant to be specific investment advice, it's for entertainment purposes only.

In this episode of LearnLikeaCPA Podcast, host Ryan Bakke speaks with guest Federico Zimmerman, also known as Fede, about his journey from Argentina to the United States and his experience in property management. Federico shares insights on the differences in investment opportunities between the two countries and the importance of developing effective systems for remote property management.- The challenges and opportunities of working in Argentina vs. the United States- Managing properties remotely and scaling a company from a different country- Differences in property management processes and building structures in America- Implementing effective standard operating procedures for property management- Key lessons learned and tips for new investors in the short-term rental industry Follow Federico online: https://www.instagram.com/strguide/ Timestamps: [00:00:00] Intro [00:02:17] Country with ups and downs, affordable, good English. [04:24:00] Understanding the differences in American homes. [06:59:00] Short-term rentals require focus on experience, consistency. Join my Facebook group, Tax Strategies for Real Estate Investors, and become part of a community with 5000+ high-level real estate investors ► Join here: https://www.facebook.com/groups/taxstrategyforinvestors Interested in working with me? Apply here: ► https://learnlikeacpa.mykajabi.com/Podcast Let's connect! ► Instagram: https://www.instagram.com/learnlikeacpa ► LinkedIn: www.linkedin.com/in/learnlikeacpa ► Twitter: https://twitter.com/LearnLikeaCPA ► Facebook: https://www.facebook.com/learnlikeacpa ► Tiktok: https://www.tiktok.com/@learnlikeacpa *None of this is meant to be specific investment advice, it's for entertainment purposes only.

Welcome to the LearnLikeaCPA Podcast! In this episode, host Ryan Bakke and guest Billy Withers discuss common mistakes in forming partnerships and share valuable insights on tax strategies for real estate investors.In this episode, we cover:- Common mistakes when forming partnerships- Navigating the short-term rental loophole- Entity structure mistakes to avoid- Material participation rules and grouping elections- Bookkeeping recommendations for real estate investors Follow Billy online: https://www.instagram.com/billywitherstax/ Timestamps: [00:00:00] Intro [00:00:28] Operating agreement is vital for partnership business. [00:04:55] S corp rentals create basis and gain issues. [00:07:21] IRS allows grouping short-term rentals for deductions. [00:11:39] Effective bookkeeping is crucial for maximizing deductions. Join my Facebook group, Tax Strategies for Real Estate Investors, and become part of a community with 5000+ high-level real estate investors ► Join here: https://www.facebook.com/groups/taxstrategyforinvestors Interested in working with me? Apply here: ► https://learnlikeacpa.mykajabi.com/Podcast Let's connect! ► Instagram: https://www.instagram.com/learnlikeacpa ► LinkedIn: www.linkedin.com/in/learnlikeacpa ► Twitter: https://twitter.com/LearnLikeaCPA ► Facebook: https://www.facebook.com/learnlikeacpa ► Tiktok: https://www.tiktok.com/@learnlikeacpa *None of this is meant to be specific investment advice, it's for entertainment purposes only.

Welcome back to the LearnLikeaCPA Podcast! In this episode, Ryan Bakke interviews Laura, a member of his team who shares her journey into real estate and the importance of tax strategy.In this episode, we'll cover:- Laura's inspiration for getting into real estate from her grandfather's story- The role of sales and marketing in real estate and why Laura pursued it- Common pain points people have with their tax or accounting team- The difference between tax strategy and tax preparation- The sales pipeline process and how people come into their firm Follow Ryan online: https://www.instagram.com/learnlikeacpa/ Timestamps: [00:00:00] Intro [00:01:01] Friend's truck vs. real estate investment appreciation. [00:06:09] Real estate tax service challenges and solutions. [00:07:47] Tax preparation simplifies complex tax process for clients. [00:10:49] Attract, qualify, offer competitive value, and reassure. Join my Facebook group, Tax Strategies for Real Estate Investors, and become part of a community with 5000+ high-level real estate investors ► Join here: https://www.facebook.com/groups/taxstrategyforinvestors Interested in working with me? Apply here: ► https://learnlikeacpa.mykajabi.com/Podcast Let's connect! ► Instagram: https://www.instagram.com/learnlikeacpa ► LinkedIn: www.linkedin.com/in/learnlikeacpa ► Twitter: https://twitter.com/LearnLikeaCPA ► Facebook: https://www.facebook.com/learnlikeacpa ► Tiktok: https://www.tiktok.com/@learnlikeacpa *None of this is meant to be specific investment advice, it's for entertainment purposes only.

In this episode of LearnLikeaCPA, Ryan Bakke and guest Parker Borofsky discuss the strategic approach to growing a short term rental portfolio, including tips on financing, debt to income ratio management, and leveraging tax returns for loan qualification. They cover topics such as the path to ten properties, utilizing projected rental income, and leveraging equity for property acquisition.Topics covered in this episode:- Strategies for acquiring multiple short term rental properties- The importance of understanding debt to income ratio in property acquisition- Tips for leveraging projected rental income for loan qualification- Using equity from existing properties for acquiring new ones- The benefits of leveraging tax returns for loan qualification. Follow Parker online: https://www.instagram.com/homeloanwhisperer/ Timestamps: [00:00:00] Intro [00:01:37] Refinance options for multiple finance properties. [00:05:45] Conventional lending doesn't consider one's AGI. [00:08:39] Depreciation and expenses impact tax return reflects. [00:11:18] Use real estate loss against active income. [00:14:50] Loan originators need specialized guidelines for financing. [00:17:24] Aim for ten, different goals, financial freedom. [00:20:20] Tax returns crucial for loan qualification, debt. Join my Facebook group, Tax Strategies for Real Estate Investors, and become part of a community with 5000+ high-level real estate investors ► Join here: https://www.facebook.com/groups/taxstrategyforinvestors Interested in working with me? Apply here: ► https://learnlikeacpa.mykajabi.com/Podcast Let's connect! ► Instagram: https://www.instagram.com/learnlikeacpa ► LinkedIn: www.linkedin.com/in/learnlikeacpa ► Twitter: https://twitter.com/LearnLikeaCPA ► Facebook: https://www.facebook.com/learnlikeacpa ► Tiktok: https://www.tiktok.com/@learnlikeacpa *None of this is meant to be specific investment advice, it's for entertainment purposes only.

In this episode, host Ryan Bakke interviews Jeremy Werden, a successful entrepreneur and real estate investor, about his journey and strategies for success.In this episode, we cover:- Jeremy's inspirational story of entrepreneurship and resilience- How Jeremy transitioned from web development to real estate and boat rentals- The strategies Jeremy used to grow his real estate portfolio and achieve financial freedom- The development of Jeremy's software for short-term rental analysis and its impact on his business- Jeremy's insights into tax benefits, cost segregation, and leveraging real estate for long-term wealth building Follow Jeremy online: https://www.instagram.com/jeremywerden/ Timestamps: [00:00:00] Intro [00:00:37] Personal connection to career sparked by family hardship. [00:04:04] Finance and website design led to uncertainty. [00:08:15] Boat rental customers led to real estate inquiries. [00:09:17] Transitioned from managing to owning lucrative real estate. [00:12:30] Background doesn't limit career possibilities, seek change. [00:17:58] Utilize tax planner, offset depreciation, buy strategically. [00:21:24] Choosing software empowered freedom to pursue dreams. Join my Facebook group, Tax Strategies for Real Estate Investors, and become part of a community with 5000+ high-level real estate investors ► Join here: https://www.facebook.com/groups/taxstrategyforinvestors Interested in working with me? Apply here: ► https://learnlikeacpa.mykajabi.com/Podcast Let's connect! ► Instagram: https://www.instagram.com/learnlikeacpa ► LinkedIn: www.linkedin.com/in/learnlikeacpa ► Twitter: https://twitter.com/LearnLikeaCPA ► Facebook: https://www.facebook.com/learnlikeacpa ► Tiktok: https://www.tiktok.com/@learnlikeacpa *None of this is meant to be specific investment advice, it's for entertainment purposes only.

In this episode, the host, Ryan Bakke dives into the benefits and strategies of utilizing a taxable brokerage account for wealth building and early retirement.In this episode, we will cover:- The flexibility and advantages of a taxable brokerage account- Tax-efficient gains and portfolio income- Tax-free investment opportunities within the account- The concept of tax loss harvesting- Leveraging the account for loans and real estate investments Follow Ryan online: https://www.instagram.com/learnlikeacpa/ Timestamps: [00:00:00] Intro [00:01:09] Ryan Bakke discusses underutilized investing options for real estate. [00:03:30] Taxable brokerage account provides more tax efficiency. [00:07:16] Tax-free muni bonds have lower cash flow. [00:10:45] Offset W-2 income through investment, real estate. [00:13:29] Long-term investing mindset for wealth building. Join my Facebook group, Tax Strategies for Real Estate Investors, and become part of a community with 5000+ high-level real estate investors ► Join here: https://www.facebook.com/groups/taxstrategyforinvestors Interested in working with me? Apply here: ► https://learnlikeacpa.mykajabi.com/Podcast Let's connect! ► Instagram: https://www.instagram.com/learnlikeacpa ► LinkedIn: www.linkedin.com/in/learnlikeacpa ► Twitter: https://twitter.com/LearnLikeaCPA ► Facebook: https://www.facebook.com/learnlikeacpa ► Tiktok: https://www.tiktok.com/@learnlikeacpa *None of this is meant to be specific investment advice, it's for entertainment purposes only.

In this episode of the LearnLikeaCPA Podcast, host Ryan Bakke dives into the 5 commonly missed tax strategies in 2023 based on his interactions with various professionals and clients.In this episode, Ryan covers:- The importance of S corporations for small business owners- Pass through entity tax payments and its impact on deductions- Maximizing benefits through self-employed retirement accounts- Leveraging charitable giving with a taxable brokerage account- Strategies for managing taxes and lending in relation to property repairs and renovations Follow Ryan online: https://www.instagram.com/learnlikeacpa/ Timestamps: [00:00:00] Intro [00:00:55] Tax podcast highlighting missed strategies for 2023. [00:04:06] S corps for small businesses, PTET explained. [00:08:41] Sep IRA has contribution limits; solo 401k allows borrowing and higher contributions. [00:12:12] Investing grows money, tax benefits, charitable giving. [00:14:33] Retirement: tax strategies, property income, loan qualifications. Join my Facebook group, Tax Strategies for Real Estate Investors, and become part of a community with 5000+ high-level real estate investors ► Join here: https://www.facebook.com/groups/taxstrategyforinvestors Interested in working with me? Apply here: ► https://learnlikeacpa.mykajabi.com/Podcast Let's connect! ► Instagram: https://www.instagram.com/learnlikeacpa ► LinkedIn: www.linkedin.com/in/learnlikeacpa ► Twitter: https://twitter.com/LearnLikeaCPA ► Facebook: https://www.facebook.com/learnlikeacpa ► Tiktok: https://www.tiktok.com/@learnlikeacpa *None of this is meant to be specific investment advice, it's for entertainment purposes only.

Welcome to the LearnLikeaCPA Podcast with host Ryan Bakke. In this episode, Ryan discusses how to prepare for tax time and the essential documents needed for a smooth filing process.In this episode, Ryan covers:- Why tax planning is crucial for a stress-free tax time- The important documents needed for filing your tax return- Understanding the significance of prior year tax returns and business returns- Tips for ensuring accurate withholding on your W-2- Essential documents for short-term rentals and long-term rentalsDon't miss out on this valuable guide to getting ready for tax time. Follow Ryan online: https://www.instagram.com/learnlikeacpa/ Timestamps: [00:00:00] Intro [00:01:26] Prepare and organize tax documents for smooth filing. [00:03:05] Previous year's tax return vital for accountants. [00:08:33] Notify retirement company about withdrawal for correct 1099. [00:11:34] Income tracking and tax tips for entrepreneurs. [00:14:41] Rules for using real estate losses for taxes. [00:16:12] Prepare for tax season monthly to ease stress. Join my Facebook group, Tax Strategies for Real Estate Investors, and become part of a community with 5000+ high-level real estate investors ► Join here: https://www.facebook.com/groups/taxstrategyforinvestors Interested in working with me? Apply here: ► https://learnlikeacpa.mykajabi.com/Podcast Let's connect! ► Instagram: https://www.instagram.com/learnlikeacpa ► LinkedIn: www.linkedin.com/in/learnlikeacpa ► Twitter: https://twitter.com/LearnLikeaCPA ► Facebook: https://www.facebook.com/learnlikeacpa ► Tiktok: https://www.tiktok.com/@learnlikeacpa *None of this is meant to be specific investment advice, it's for entertainment purposes only.

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In this episode of LearnLikeaCPA Podcast, host Ryan Bakke discusses Einstein's Law of 72 and its application to real estate investing. Learn how understanding this rule can help you double your money and build generational wealth in real estate.Key Points:- What is Einstein's Law of 72?- Application of the law to stock market investments- How to apply the law to real estate investing- The importance of balancing investments for wealth building- Using the law to plan for retirement and financial independence Follow Ryan online: https://www.instagram.com/learnlikeacpa/ Timestamps: [00:00:00] Intro [00:01:21] Math as law and rule for wealth. [00:03:38] Investment growth, start small, then consider real estate. [00:07:47] Building wealth through disciplined saving and investing. Join my Facebook group, Tax Strategies for Real Estate Investors, and become part of a community with 5000+ high-level real estate investors ► Join here: https://www.facebook.com/groups/taxstrategyforinvestors Interested in working with me? Apply here: ►https://learnlikeacpa.mykajabi.com/Podcast Let's connect! ► Instagram: https://www.instagram.com/learnlikeacpa ► LinkedIn: www.linkedin.com/in/learnlikeacpa ► Twitter: https://twitter.com/LearnLikeaCPA ► Facebook: https://www.facebook.com/learnlikeacpa ► Tiktok: https://www.tiktok.com/@learnlikeacpa *None of this is meant to be specific investment advice, it's for entertainment purposes only.

In this episode of LearnLikeaCPA Podcast, Ryan Bakke discusses the Corporate Transparency Act and its impact on small business owners. Learn about the requirements, deadlines, and implications of this new law to ensure compliance and avoid potential fines or legal issues. In this episode, Ryan covers: - Overview of the Corporate Transparency Act - Reporting requirements for LLC owners - Deadlines for compliance based on LLC formation date - Personal and business information needed for the report - Advice on filing the report and implications of non-compliance Follow Ryan online: https://www.instagram.com/learnlikeacpa/ Timestamps: [00:00:00] Intro [00:02:22] Reporting system collects and shares personal information. [00:04:45] LLC registration changes must be filed promptly.[00:08:37] Business compliance: taxes, LLC paperwork, filing requirements. Join my Facebook group, Tax Strategies for Real Estate Investors, and become part of a community with 5000+ high-level real estate investors ► Join here: https://www.facebook.com/groups/taxstrategyforinvestors Interested in working with me? Apply here: ► https://learnlikeacpa.mykajabi.com/Podcast Let's connect! ► Instagram: https://www.instagram.com/learnlikeacpa ► LinkedIn: www.linkedin.com/in/learnlikeacpa ► Twitter: https://twitter.com/LearnLikeaCPA ► Facebook: https://www.facebook.com/learnlikeacpa ► Tiktok: https://www.tiktok.com/@learnlikeacpa *None of this is meant to be specific investment advice, it's for entertainment purposes only.

In this episode of the LearnLikeaCPA Podcast, host Ryan Bakke dives into the topic of charitable giving within taxable brokerage accounts. Learn how to maximize your tax efficiency while making a positive impact through charitable donations.In this episode, we'll cover:- Understanding the benefits of charitable giving within taxable brokerage accounts- How donating appreciated stock can reduce your capital gain exposure- Exploring a real-life example to illustrate the tax-saving potential- Long-term strategies for optimizing charitable contributions- The importance of replenishing your brokerage account after making donations Follow Ryan online: https://www.instagram.com/learnlikeacpa/ Timestamps: [00:00:00] Intro [00:00:47] Donate appreciated stock for tax deduction benefits. [00:03:42] Donating $10,000 reduces taxable capital gains. Join my Facebook group, Tax Strategies for Real Estate Investors, and become part of a community with 5000+ high-level real estate investors ► Join here: https://www.facebook.com/groups/taxstrategyforinvestors Interested in working with me? Apply here: ► https://learnlikeacpa.mykajabi.com/Application Let's connect! ► Instagram: https://www.instagram.com/learnlikeacpa ► LinkedIn: www.linkedin.com/in/learnlikeacpa ► Twitter: https://twitter.com/LearnLikeaCPA ► Facebook: https://www.facebook.com/learnlikeacpa ► Tiktok: https://www.tiktok.com/@learnlikeacpa *None of this is meant to be specific investment advice, it's for entertainment purposes only.

In the podcast episode "Tax Implications of Seller Financing," host Ryan Bakke dives into the financial nuances of seller financing from the seller's perspective. He emphasizes the importance of understanding the tax implications, particularly in terms of capital gains and depreciation recapture. Ryan explains that while selling a property traditionally can lead to significant tax liabilities due to capital gains and depreciation recapture, seller financing offers a way to defer these taxes over the term of the financing agreement. He illustrates this with a detailed example, showing how spreading out the recognition of capital gains over several years can be financially advantageous due to the impact of inflation. Additionally, Ryan discusses the potential downside of immediate depreciation recapture in the year of sale, which can create a financial burden for the seller. He advises that convincing a seller to opt for seller financing requires education and demonstrating how it aligns with their best interests, particularly in the current market where guaranteed income from a seller-financed note might be more appealing than the uncertainties of reinvesting the sale proceeds. Follow Ryan online: https://www.instagram.com/learnlikeacpa/ Timestamps: [00:00:00] Intro [00:01:22] Tax implications of seller financing Join my Facebook group, Tax Strategies for Real Estate Investors, and become part of a community with 5000+ high-level real estate investors ► Join here: https://www.facebook.com/groups/taxstrategyforinvestors Check out my TAX TRAININGS for both STR and LTR investors: ► STRs: ⁠https://learnlikeacpa.mykajabi.com/offers/oRKiFgyz⁠ ► LTRs: ⁠https://learnlikeacpa.mykajabi.com/offers/txXoL2Du⁠ Interested in working with me? Apply here: ► ⁠https://learnlikeacpa.mykajabi.com/Podcast⁠ Let's connect! ► Instagram: https://www.instagram.com/learnlikeacpa ► LinkedIn: www.linkedin.com/in/learnlikeacpa ► Twitter: https://twitter.com/LearnLikeaCPA ► Facebook: https://www.facebook.com/learnlikeacpa ► Tiktok: https://www.tiktok.com/@learnlikeacpa *None of this is meant to be specific investment advice, it's for entertainment purposes only.

In the podcast episode "How to Pay $0 in Taxes When You Sell a Property," host Ryan Bakke explores the intricacies of the 1031 exchange, a real estate strategy that allows property owners to defer capital gains taxes when selling investment properties. He explains the process of using the proceeds from a property sale to purchase new real estate, thereby avoiding immediate tax liabilities. Ryan emphasizes the importance of understanding the rules and timelines associated with a 1031 exchange, including the role of a qualified intermediary and the deadlines for identifying and closing on replacement properties. He also cautions against letting tax avoidance be the sole driver of real estate decisions, noting that poor investment choices can negate the benefits of a 1031 exchange. Additionally, Ryan discusses the potential of using passive activity loss carryforwards (form 8582) to offset capital gains, providing an alternative to the 1031 exchange. The episode is a comprehensive guide for real estate investors looking to optimize their tax strategies while making sound investment decisions. Follow Ryan online: https://www.instagram.com/learnlikeacpa Timestamps: [00:00:00] Intro [00:00:04] Debunking the 1031 exchange. [00:05:26] 1031 Exchange Strategies. [00:09:58] Delaying 1031 for more options. [00:12:19] Capital gains and passive losses. [00:13:36] Form 8582 and 1031 exchanges. Join my Facebook group, Tax Strategies for Real Estate Investors, and become part of a community with 5000+ high-level real estate investors ► Join here: https://www.facebook.com/groups/taxstrategyforinvestors Check out my TAX TRAININGS for both STR and LTR investors: ► STRs: https://learnlikeacpa.mykajabi.com/offers/oRKiFgyz ► LTRs: https://learnlikeacpa.mykajabi.com/offers/txXoL2Du Interested in working with me? Apply here: ► https://learnlikeacpa.mykajabi.com/Podcast Let's connect! ► Instagram: https://www.instagram.com/learnlikeacpa ► LinkedIn: www.linkedin.com/in/learnlikeacpa ► Twitter: https://twitter.com/LearnLikeaCPA ► Facebook: https://www.facebook.com/learnlikeacpa ► Tiktok: https://www.tiktok.com/@learnlikeacpa *None of this is meant to be specific investment advice, it's for entertainment purposes only.

In this episode Ryan Bakke dives into the benefits and strategies of seller financing from the seller's perspective. He addresses the common misconception that seller financing primarily benefits the buyer, explaining how it can be equally advantageous for sellers, especially in the context of wealth killers like taxes and inflation. Ryan illustrates this with an example of a property sale and the significant tax implications involved, highlighting how seller financing can mitigate these through tax deferral and reduced tax bracket impact. He also discusses how holding onto cash from a sale can lead to value erosion due to inflation, whereas seller financing can preserve value over time. The episode further explores the seller's perspective on the security of seller financing, emphasizing the seller's ability to reclaim the property in case of default. Ryan concludes by promising future discussions on negotiation tactics for convincing sellers to opt for seller financing, and how to present such deals effectively. He invites listeners to join his Facebook group for real estate investors for further insights and discussions. Follow Ryan online: https://www.instagram.com/learnlikeacpa/ Timestamps: [00:00:00] Intro [00:00:38] Seller financing benefits for sellers. [00:04:30] Taxes and inflation in seller financing. [00:07:06] Investing $2 million wisely. Join my Facebook group, Tax Strategies for Real Estate Investors, and become part of a community with 5000+ high-level real estate investors ► Join here: https://www.facebook.com/groups/taxstrategyforinvestors Check out my FREE TAX TRAININGS for both STR and LTR investors: ► STRs: https://learnlikeacpa.mykajabi.com/offers/oRKiFgyz ► LTRs: https://learnlikeacpa.mykajabi.com/offers/txXoL2Du Interested in working with me? Apply here: ► https://learnlikeacpa.mykajabi.com/Podcast Let's connect! ► Instagram: https://www.instagram.com/learnlikeacpa ► LinkedIn: www.linkedin.com/in/learnlikeacpa ► Twitter: https://twitter.com/LearnLikeaCPA ► Facebook: https://www.facebook.com/learnlikeacpa ► Tiktok: https://www.tiktok.com/@learnlikeacpa *None of this is meant to be specific investment advice, it's for entertainment purposes only.

In this episode Ryan Bakke explores the advantages and strategies of using seller financing for real estate acquisitions. He begins by discussing the current high-interest rate environment and how seller financing can offer a more favorable rate, effectively creating an interest rate arbitrage opportunity. Ryan emphasizes the benefits for self-employed individuals and entrepreneurs, as seller financing bypasses the need for submitting tax returns, a common hurdle in traditional bank financing. Additionally, he highlights how seller-financed deals do not impact one's credit report or debt-to-income ratio, offering a strategic advantage for future borrowing. The episode also covers the necessity of protecting one's debt-to-income ratio for scaling a real estate portfolio and the comparable tax benefits of seller financing to traditional purchases. Ryan concludes with a teaser for the next episode, which will focus on the seller's perspective in seller financing, providing insights into negotiation tactics for convincing sellers to engage in such agreements. Follow Ryan online: https://www.instagram.com/learnlikeacpa/ Timestamps: [00:00:00] Intro [00:00:32] Interest rates crushing deals. [00:04:07] Protecting your debt to income ratio. Join my Facebook group, Tax Strategies for Real Estate Investors, and become part of a community with 5000+ high-level real estate investors ► Join here: https://www.facebook.com/groups/taxstrategyforinvestors Interested in working with me? Apply here: ► https://learnlikeacpa.mykajabi.com/Podcast Let's connect! ► Instagram: https://www.instagram.com/learnlikeacpa ► LinkedIn: www.linkedin.com/in/learnlikeacpa ► Twitter: https://twitter.com/LearnLikeaCPA ► Facebook: https://www.facebook.com/learnlikeacpa ► Tiktok: https://www.tiktok.com/@learnlikeacpa *None of this is meant to be specific investment advice, it's for entertainment purposes only.

Everyone loves seeing their hard-earned money dwindle away to the tax man right? Obviously not! The most powerful techniques generally come to business owners and real estate investors. Ryan Blakke, from Learn Like a CPA, is an expert in these techniques. He's seen hundreds of returns that individuals did themselves...and only 1 who actually did it correctly. That means if you're putting all your trust in turbo-tax, you're probably leaving money on the table. Cost segregation, the Augusta rule, and resetting your cost basis when giving to charities are just some of the tips Ryan brings to this episode. As we near the end of 2023, you'll want to make sure you take action on some of these tips before it's too late. It's always a great episode when we hear about strategies we never knew existed. It no doubt brought value to our lives, and we hope you can say the same for yourself. If you enjoyed this episode, check out the links below for more content, and don't forget to share this podcast with a friend! Links From the Episode Work with Ryan Learn Like a CPA Instagram Learn Like a CPA Podcast Learn Like a CPA Twitter Learn Like a CPA YouTube YouTube Interview https://youtu.be/qqGKkMxHngU Join the Community We'd love to hear your comments and questions about this week's episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! Grab the Ultimate FI Spreadsheet Join our Facebook Group Leave us a voicemail Send an email to contact [at] TheFiShow [dot] com If you like what you hear, please subscribe and leave a rating/review! >> You can do that by clicking here 

In this episode, Ryan Bakke introduces the concept of seller financing, a topic gaining traction in the real estate world, especially with rising interest rates. He shares his personal experience of how he utilized seller financing to purchase his second rental property, despite being maxed out on debt-to-income ratio. Ryan explains the basics of seller financing, where the transaction occurs directly between the seller and the buyer without involving traditional financial institutions. He delves into the benefits for both parties: sellers can avoid hefty taxes by staggering property sales over time, and buyers can bypass the need for conventional bank loans. The episode also touches on strategies to convince sellers to consider this financing method and the tax implications involved. Ryan promises to explore these topics in greater depth in future episodes, offering sneak peeks into convincing sellers, finding seller finance deals, and understanding the tax nuances. He concludes by inviting listeners to join his Facebook group for real estate investors, where they can discuss tax strategies and more. Follow Ryan online: https://www.instagram.com/learnlikeacpa/ Timestamps: [00:00:00] Intro [00:00:04] Seller financing. [00:04:39] Convincing seller to do seller financing. Join my Facebook group, Tax Strategies for Real Estate Investors, and become part of a community with 5000+ high-level real estate investors ► Join here: https://www.facebook.com/groups/taxstrategyforinvestors Interested in working with me? Apply here: ► https://learnlikeacpa.mykajabi.com/Application Let's connect! ► Instagram: https://www.instagram.com/learnlikeacpa ► LinkedIn: www.linkedin.com/in/learnlikeacpa ► Twitter: https://twitter.com/LearnLikeaCPA ► Facebook: https://www.facebook.com/learnlikeacpa ► Tiktok: https://www.tiktok.com/@learnlikeacpa *None of this is meant to be specific investment advice, it's for entertainment purposes only.

In this episode of the "Learn Like a CPA" podcast, host Ryan Bakke interviews Theo Kagabo, CEO of Kagabo Consulting, Accounting and Tax Professionals, also known as Mr. Write Off. Theo shares his journey from pursuing basketball in college to realizing his passion for accounting, influenced by his family's background in the field. He emphasizes the importance of understanding the fundamentals of business through accounting and discusses his experiences with entrepreneurship and the transition from corporate work to starting his own firm. Theo highlights the significance of having a robust accounting system for business growth and delves into the intricacies of tax planning, the benefits of being self-employed, and strategies for minimizing tax liabilities. He also touches on the importance of bookkeeping, the decision-making process for transitioning to an S Corp, and the value of investing in one's business and education. The episode provides insights into effective financial management and the mindset required for successful entrepreneurship in the accounting and tax domain. Follow Theo Kagado online: https://www.instagram.com/mrwriteoff/ Timestamps: [00:00:00] Intro [00:00:21] Childhood Snapback Entrepreneurship. [00:03:11] Maximizing dollars through weekend work. [00:07:22] Paying less taxes as 1099. [00:09:26] Maximizing profits and strategies. [00:12:46] Real estate investments for self-employed. [00:16:13] Investing in your education. [00:21:55] Seeing success through observation. [00:23:10] Credibility and belief in oneself. Join my Facebook group, Tax Strategies for Real Estate Investors, and become part of a community with 5000+ high-level real estate investors ► Join here: https://www.facebook.com/groups/taxstrategyforinvestors Interested in working with me? Apply here: ► https://learnlikeacpa.mykajabi.com/Application Let's connect! ► Instagram: https://www.instagram.com/learnlikeacpa ► LinkedIn: www.linkedin.com/in/learnlikeacpa ► Twitter: https://twitter.com/LearnLikeaCPA ► Facebook: https://www.facebook.com/learnlikeacpa ► Tiktok: https://www.tiktok.com/@learnlikeacpa *None of this is meant to be specific investment advice, it's for entertainment purposes only.

In this episode of the podcast, Ryan Bakke delves into the three pillars of wealth building: debt, taxes, and inflation. He articulates how understanding and leveraging these elements can lead to substantial wealth accumulation. Ryan explains the power of debt as a tool for controlling more assets than one's immediate capital can buy, the tax benefits inherent in real estate investments, and how inflation can actually benefit long-term debt repayment. He emphasizes the unique advantage of real estate in utilizing these three pillars in tandem, offering listeners a framework to not just understand but actively apply these concepts to their wealth-building strategies. This episode sets the stage for future discussions on advanced topics like accelerated depreciation, creative financing, and seller financing, aiming to equip listeners with the knowledge to turn these financial forces into tools for creating generational wealth. Follow Ryan online: https://www.instagram.com/learnlikeacpa/ Timestamps: [00:00:00] Intro [00:00:21] The three pillars of wealth building. [00:04:00] Taxes and real estate benefits. [00:08:23] The Power of Reinvesting. Join my Facebook group, Tax Strategies for Real Estate Investors, and become part of a community with 5000+ high-level real estate investors ► Join here: https://www.facebook.com/groups/taxstrategyforinvestors Interested in working with me? Apply here: ► https://learnlikeacpa.mykajabi.com/Application Let's connect! ► Instagram: https://www.instagram.com/learnlikeacpa ► LinkedIn: www.linkedin.com/in/learnlikeacpa ► Twitter: https://twitter.com/LearnLikeaCPA ► Facebook: https://www.facebook.com/learnlikeacpa ► Tiktok: https://www.tiktok.com/@learnlikeacpa *None of this is meant to be specific investment advice, it's for entertainment purposes only.

Introducing Ryan Bakke, a distinguished CPA, founder of LearnLikeaCPA, and a highly sought-after STR SUPERTEAM Coach. With a deep passion for real estate and finance, Ryan has established himself as a prominent figure in the industry, dedicated to saving real estate investors millions of dollars each year. In this episode, Jeremy and Ryan Bakke continues to discuss creative financing, how it works, its importance, and why it might be right for you.  If you want to know more about creative financing, this episode is for you! 

In this episode of the podcast, Ryan Bakke shares his journey from being an employee at Deloitte to becoming a successful entrepreneur and real estate investor. Ryan emphasizes the importance of providing value to others without expecting anything in return, a lesson he learned early in his career. He discusses the concept of value-based pricing and aligning one's passion with the highest ROI skills. Ryan's journey was marked by perseverance, having applied to Deloitte 27 times before landing a job, which he attributes to networking and seizing opportunities. He shares insights on transitioning from a structured corporate environment to running his own CPA firm, highlighting the significance of content creation and community engagement in building a brand and customer base. Ryan also delves into his real estate investment journey, explaining how understanding the tax code and the multifaceted benefits of real estate, such as appreciation, cash flow, equity pay down, and tax benefits, guided his investment decisions. Follow Ryan online: https://www.instagram.com/learnlikeacpa/ Follow Peter online: https://www.instagram.com/petervndr Timestamps: [00:00:00] Intro [00:01:27] Value-based pricing and mindset. [00:03:50] Teaching as a passion. [00:08:42] Landing a job at Deloitte. [00:11:35] Missed networking and bonding opportunities. [00:15:34] Transition to self-employment. [00:18:05] Overcoming fears in real estate. [00:21:18] Tax benefits in real estate. [00:26:58] Leveraging talents to bless others. [00:27:27] Staying humble with success. [00:32:06] The growth of your network. [00:35:38] Upgrading your network mindset. [00:38:01] Having multiple mentors. [00:40:20] Finding purpose through loss. Join my Facebook group, Tax Strategies for Real Estate Investors, and become part of a community with 5000+ high-level real estate investors ► Join here: https://www.facebook.com/groups/taxstrategyforinvestors Interested in working with me? Apply here: ► https://learnlikeacpa.mykajabi.com/Application Let's connect! ► Instagram: https://www.instagram.com/learnlikeacpa ► LinkedIn: www.linkedin.com/in/learnlikeacpa ► Twitter: https://twitter.com/LearnLikeaCPA ► Facebook: https://www.facebook.com/learnlikeacpa ► Tiktok: https://www.tiktok.com/@learnlikeacpa *None of this is meant to be specific investment advice, it's for entertainment purposes only.

Ryan Bakke is a CPA, real estate investor, and coach who is helping others build wealth via real estate and tax strategy! Ryan starts by explaining the value a Tax Strategist brings and common mistakes on tax returns. He dives into the power of short-term rentals (STRs), their tax advantages, and how to underwrite STR investments. Ryan shares his philosophy and tips for building a client base and following that have led him to a thriving business! Throughout the show, Ryan hammers home the importance of being a go-giver and delegating tasks to best use your time! If you enjoy today's episode, please leave us a review and share with someone who may also find value in this content! Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: StraightUpChicagoInvestor@gmail.com Guests: Ryan Bakke Link: The LearnLikeaCPA Show Link: $100M Offers (Book Recommendation) Link: The Game (Podcast Recommendation) Link: Muscle for Life Podcast ----------------- Guest Questions 02:56 Housing Provider Tip: Be ready to recognize and act on a good deal! 04:58 Intro to our guest, Ryan Bakke! 05:29 Tax Preparer vs. Tax Strategist 09:14 Common Tax Returns Mistakes. 10:35 Tax Insights on Short-Term Rentals (STRs)! 17:27 Short-Term Rentals in Chicagoland. 19:21 Automating STRs! 24:58 Underwriting STRs! 31:06 Ryan's approach to building a following! 46:29 Ryan's next 5 years! 50:34 What is Ryan's competitive advantage? 51:16 One piece of advice for new investors. 52:34 What do you do for fun? 53:18 Good book, podcast, or self development activity that you would recommend? 54:20 Local Network Recommendation? 54:55 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2023.

In this episode, I sit down with Ryan Bakke, CPA and real estate investor. Ryan is on a mission to help regular people build generational wealth. Some of the topics included: How to balance investing in the stock market vs. real estate Understanding your risk tolerance Earning the right to invest COAST FIRE Treating real estate investing like a business And much more!

On today's episode, Rich sits down for an interview with Ryan Bakke – Real Estate Investor and CPA for over 200 Real Estate Investors. Ryan has a background in Accounting and Finance and previously worked at Deloitte for two years. Through his education business @LearnLikeACPA, he has educated thousands of investors on different ways that they can become tax smart. Ryan's investment portfolio consists of small multifamily, short-term rentals, campgrounds & RV parks. Rich and Ryan dive into all things RV Parks, Ryan's history in accounting and as a CPA, and the importance of delegating tasks to reach your "Genius Zone".  They also talk about recent updates to investing, potential bonus depreciations, rate hikes, and why a 401k can only get you so far.Connect with Ryan on Instagram: @learnlikeacpa--Connect with Rich on Instagram: @rich_somersInterested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more. Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call. Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.

Welcome to Boostly Podcast Episode 624. On today's episode we sit down with Ryan Bakke who gives some financial advice when working in the industry! You Don't Want To Miss It! Learnlikeacpa.com https://www.facebook.com/groups/taxstrategyforinvestors/ https://www.instagram.com/learnlikeacpa/?hl=en • https://Boostly.co.uk • https://Boostly.co.uk/5steps • https://instagram.com/boostlyuk • https://Boostly.co.uk/guidebook • https://Boostly.co.uk/website • https://Boostly.co.uk/podcast Learn more about your ad choices. Visit megaphone.fm/adchoices

What does it look like to teach investors to build wealth through real estate – and do that at scale? Ryan Bakke is behind the hugely popular and influential 'Learn Like a CPA' and as a Certified Public Accountant himself he brings a wealth of knowledge to the real estate arena. In today's episode of The Good Endeavor Short-Term Rental Show, Ryan is impressing upon our host Mark McDaniel that his good endeavor is not just about making a difference – but making a difference at scale. So Ryan is more than willing to share his innovative ideas and insights into the short-term rental space so that it will help others.Learn about measuring your ROH (Return On Hassle) – something we can all relate to when we find ourselves rushing about trying to maintain a property – and discover Ryan's three key strategies for evaluating a potential short-term rental deal. There's also a fresh perspective and some number crunching on the alternative real estate investment space that is campgrounds and RV parks – so stick around for that exciting real estate opportunity too! It's all well-intentioned content to help you up your short-term rental game on The Good Endeavor Short-Term Rental Show. Please join us! "At the end of the day, you have to find out what your purpose is, in business. Because if you're just chasing and driving for profit, that's where your morals are gonna fall." ~ Ryan BakkeIn This Episode:Unpacking Ryan's combined strengths as a CPA and real estate advisorRyan's 3 Key Things to look out for in a short-term rental dealUnderstanding Risk Mitigation Unpacking 'ROH' - Return On Hassle'What is Lifestyle Creep?Are campgrounds a good real estate investment? And more!Connect with Ryan Bakke:Instagram - https://www.instagram.com/learnlikeacpa/?hl=enFacebook - https://www.facebook.com/groups/taxstrategyforinvestors/Connect with Mark McDaniel:Website - https://staysimpli.com/Instagram- https://www.instagram.com/staysimpli/Facebook- https://www.facebook.com/people/Staysimpli/100088214988017/Twitter- ​​https://twitter.com/staysimpliTikTok- https://www.tiktok.com/@staysimpli

In this episode, we have a special guest, Ryan Bakke, CPA, who specializes in helping Real Estate Investors become Tax Smart. Together, we delve into the intriguing world of taxes and real estate investment strategies. Episode Highlights: How the Trump tax deduction works! When to use Cost Segregation? What tax strategy is often missed? Links: Ryan's FB Group Learning Bundle HOME OFFICE DEDUCTION TEMPLATE Save Taxes: Free Consultation  Follow me: https://www.instagram.com/thepatdarby

Welcome, and thanks for checking in today to No Vacancy The Podcast! On this week's episode: Ryan Bakke is back for the third time to discuss passive investing without owning any real estate Was this host right in declining this guest for wanting a space to cry loudly? Join Minoan for FREE Connect with Ryan Bakke Connect: Show Notes | Start Your Airbnb  Level Up Your Listing Women's Summit Tickets! Instagram Schedule a 1:1 consultation Learn more about your ad choices. Visit megaphone.fm/adchoices