How to minimize day trading stock gains 46:05

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0:00 Intro

10:50 What are the requirements for bonus depreciation. What assets qualify?

16:50 My property has 2 structures, a main house and a large guest house. I rent out the guest house. When I sell the entire property, can I 1031 exchange the entire proceed from sale?

22:24 Extended tax return filing to Oct 2023 for the 2022 tax year. Am I able to still invest now for the 2022 tax year such as starting a Solo 401K?

28:54 What are the benefits of an S Corp status for a small business owner, vs sole proprietorship or LLC ? Thank you for your time and sharing your experience. Kay

35:39 Can first year biz expenses for setting up a biz be carried forward to the following tax year if there is no income in the set up year?

39:08 Ive been watching the videos of "home office" deductions from having an accountable plan. Does the residence have to be your own to be able to do the home office deduction?

46:05 How to minimize day trading stock gains

51:34 We would like to fix and flip houses and we have invested about 15000 in learning so far and want to be able to take that deduction as passthrough expense for a personal income. Will we run into any issues with that?

1:03:20 I purchased a rental property this year. Are all expenses related to the purchase and rehab to be included in the basis for depreciation or can any be expensed this year?

1:08:09 If you have amassed a large amount of passive losses on your rental activities that you cannot use due to the AGI phaseout, what would be the best way to try to minimize the loss of the losses?

1:17:39 Outro

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Toby Mathis, Esq. is the bestselling author of Infinity Investing: How the Rich Get Richer And How You Can Do The Same. Toby is a tax attorney and founded Anderson Business Advisors, one of the most successful law, tax, and estate planning companies in the United States. Learn more at https://aba.link/tobyaba

The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorneyclient relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice.

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