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4th Annual Los Angeles Real Estate Grand Expo

We are very excited to announce our 4th Annual Los Angeles Real Estate Grand Expo. The Grand Expo returns on Saturday, October 21, 2023, 9:00 am to 6:00 pm. We’re taking over the entire Iman Cultural Center for the day – it’s all ours!

The North Hall (vendor exhibition area), the South Hall (workshops), and the middle parking lot (loaded with workshop tents and food trucks). The theme of this year’s Grand Expo will be “Hedge Inflation – Buy Real Estate”.

Last year, the Grand Expo was the largest real estate event in Southern California. We had over 800 investors, 64 vendors, and 12 national speakers…this year will be even BIGGER! An entire day celebrating real estate investing and you can be involved. Best of all, the Grand Expo will be FREE to attend.

This Expo is going to be big, really BIG! We are hosting investors from around the nation once again.

EDUCATORS. There will be national guest speakers (in three breakout rooms). Here is a partial list of our top educators:

1. Jonah Dew – “The Money Multiplier”
2. Eddie Speed – “Buying Discounted notes”
3. Rusty Tweed – “1031 Tax-Deferred Exchanges”
4. Joe Arias – “How to Get Started Investing”
5. Christopher Meza – “Developing Raw Land”
6. Tony Watson – “Tax Advantages for R.E. Investors”
7. Dani & Flip Robison – “Fixing & Flipping Houses”
8. Abbas Mohammed – “Investing in Multi-Residential Properties”
9. Marco Kozlowski – “How to Buy Lots and Lots of Houses”
10. Amanda Brown – “Invest in Commercial Real Estate”
11. Shawn Tiberio – “Marketing for Real Estate Investors”
12. Joeseph Scorese – “How to Finance Your Next Deal”
13. Jeremy Rubin – “From Employee to $100M in Flips”
14. Steve Price (Keynote) – Vice President at Auction.com

INVESTMENT EDUCATION. An all-day in-depth educational extravaganza celebrating real estate investing. Most importantly, this will NOT be a sales pitch. So regardless of whether you are a new investor, already own properties, or are very experienced, our Grand Expo is for you!

Webinar Replay: The Power of INC

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VIRTUAL REPLAY:
The Power of INC
Tax Savings During Difficult Times

Did you miss our last educational webinar? Don’t worry! We now have the entire replay available for you (and your team) to watch at your leisure.

Don’t miss this insightful webinar, which will help answer so many questions about tax planning, entity selection and corporate structuring.

Watch the Replay Now: The Power of INC — Tax Savings During Times of Economic Uncertainty!

Topics for this webinar replay will include:

1. Entity selection: LLC, C Corp, S Corp – Tax implications of each
2. Is incorporating right for me?
3. How do I pay myself a reasonable salary?
4. Can I rent back my in-home office to myself?
5. Can I incorporate in a different state to save money?
6. The difference between an LLC, a trust, & an insurance policy
7. Changes in the tax code for 2022-2023
8. Plus, we will answer questions LIVE from our audience!

We encourage you to make time for this life-changing webinar replay. This information will help you understand how to form the proper structure to legally protect personal assets.

About Our Educator:

Tony Watson – Enrolled Agent / Tax Consultant/Keynote Speaker – Tax

Tony Watson personally manages clients with over $350 million dollars in real estate holdings. He has spoken for hundreds of trade organizations throughout the State of California. Holding a federal license as an Enrolled Agent tax practitioner, Tony can advise, represent, and prepare tax returns for individuals, partnerships, corporations, and any other entity with tax-reporting requirements. Aside from his full-time position at Robert Hall & Associates, Tony is an active real estate investor, entrepreneur and enjoys short and long-term trading.

The Power of INC: Tax Savings During Times of Economic Uncertainty

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Date and Time: Thursday, May 11 · 2 – 3am AWST

Location: Online

Real Estate Investors,

It’s time for another powerful webinar designed to help you succeed. For this online event, we will focus on entity selection and structuring.

Join Us to Learn About:

The Power of INC — Tax Savings During Times of Economic Uncertainty

Topics for this webinar will include:

1. Entity selection: LLC, C Corp, S Corp – Tax implications of each

2. Is incorporating right for me?

3. How do I pay myself a reasonable salary?

4. Can I rent back my in-home office to myself?

5. Can I incorporate in a different state to save money?

6. The difference between an LLC, a trust, & an insurance policy

7. Changes in the tax code for 2022-2023

8. Plus, we will answer questions LIVE from our audience!

Don’t miss this life-changing webinar to help our investors learn how to properly structure their real estate investing business (or real estate brokerage, or any other business).

The proper structure can legally protect personal assets, so get informed to properly form your business the right right.

About Our Educator:

Tony Watson – Enrolled Agent / Tax Consultant/Keynote Speaker – Tax

Tony Watson personally manages clients with over $350 million dollars in real estate holdings. He has spoken for hundreds of trade organizations throughout the State of California. Holding a federal license as an Enrolled Agent tax practitioner, Tony can advise, represent, and prepare tax returns for individuals, partnerships, corporations, and any other entity with tax-reporting requirements.

Aside from his full-time position at Robert Hall & Associates, Tony is an active real estate investor, entrepreneur and enjoys short and long term trading. With over a decade and a half of experience, Tony, along his team at Robert Hall & Associates, actively look for the newest and most up-to-date strategies to implement on client tax filings. They all operate with the same goal in mind: to help taxpayers keep more of their wealth and not overspend with the federal and state revenue agencies.

Education: Bachelor’s Degree in Business Administration from Chapman University

Professional Associations: National Association of Enrolled Agents (NAEA), California Society of Enrolled Agents (CSEA)

Certifications: Enrolled Agent (EA), Achieved the National Tax Practice Institute (NTPI) Fellow status

Industries: Real Estate, Small Business, Entrepreneur Startups, Entertainment, Healthcare, Law Enforcement, Firefighters, Education

Awards: Glendale Reader’s Choice Award for Best Tax Preparer in 2016

PLEASE REGISTER TODAY AND A ZOOM LINK WILL BE EMAILED, THANK YOU.

Tax Tips for 2021 – Learn the Latest Strategies to Save Money

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By Stephanie Mojica

With the New Year, the continuing COVID-19 pandemic, and now political changes in Washington, it’s more important than ever that real estate investors be aware of how all these changes will impact their taxes.

Realty411 interviewed two tax experts to get the scoop on the best ways for investors to prepare for tax time.

Tony Watson
Enrolled Agent, Senior Tax Consultant, and Public Speaker
Robert Hall & Associates, Los Angeles
https://www.roberthalltaxes.com/
Phone: 818-293-2139

SM: Are there any new tax laws that investors need to be aware of?

TW: Lots of new things! Number one would have to be accelerated depreciation. Under the CARES Act, you can drop QIP (qualified improvement property) depreciation improvements from 39 years to 15 years, which essentially gives you double the write off.

SM: What is the best thing investors can do to plan for tax payments, so they’re not caught by surprise?

TW: Meet with their tax preparers in the fourth quarter with year-to-date figures. This way, we can calculate the year’s liability well before the year is even over.

SM: What are some of the common mistakes you see investors make when it comes to tax planning and preparation?

TW: Not knowing what is deductible or where to maximize the tax benefits.

SM: What documentation is essential for investors to have at tax time?

TW: Gross rents received, mortgage interest forms, property tax paid amounts, and a breakdown of all improvements made to properties throughout the year.

SM: Do you have any additional comments or thoughts to share with Realty411 readers?

It is the right of EVERY taxpayer to plan ahead to pay less tax. If a taxpayer fails to plan, they are ultimately planning to fail.

John F. Duston IV, CPA
Tax Accountant
Los Angeles
https://www.linkedin.com/in/johnfduston/
Phone: 310-683-8769

SM: Are there any new tax laws that investors need to be aware of?

Proposition 19 is the big one this year. It is a property tax increase that greatly limits the scope of the parent-child exclusion for increases in property taxes.

SM: What is the best thing investors can do to plan for tax payments, so they’re not caught by surprise?

JD: I set my clients up with quarterly estimates, so they are already paid in. Additionally, if they have a sale, we can figure out what the resulting tax increase would be.

SM: What are some of the common mistakes you see investors make when it comes to tax planning and preparation?

One of the most common mistakes I see is that investors will use their purchase price as their depreciation on their taxes. What they should be doing is using the escrow statement to determine their basis in the property and then allocating this basis between building — which is depreciable for taxes — and land, which is not. While doing this correctly decreases depreciation deductions, claiming the purchase price as 100% deductible is very easy to identify.

SM: What documentation is essential for investors to have at tax time?

JD: The biggest ones are mileage logs, meals log, and a separate bank account to track rent and expenses.

SM: Do you have any additional comments or thoughts to share with Realty411 readers?

JD: When you’re routinely incurring expenses for the management of a few properties, a Supplemental Business Expense Form can be useful to split said expenses between the properties.