All Episodes

January 2, 2025 31 mins

Bronson Kaufusi and MattyP are back with Part 2 of Jason’s recent lecture on tax strategy! 


In part 2, Jason dives into the benefits offered by claiming the Real Estate Professional Status (REPS), and explains how active REPS status vs passive REPS status changes how depreciation loss works. He also covers the strategy behind converting traditional 401K and IRA funds to Roth Retirement Accounts without paying taxes on the conversion. He also touched briefly on 1031 Exchanges, Opportunity zones, and Primary Resident Tax Exclusion.


This lecture was centered on a concept best said by Tom Wheelwright.

“The government doesn’t want you to pay taxes. The government wants you to invest in things that create jobs, that create wealth, that create prosperity. And one of those things is real estate.  Investing in real estate isn't just about building personal wealth; it's about providing solutions to societal needs. By creating housing, revitalizing communities, and improving infrastructure, investors help solve problems the government often cannot address alone—and the tax code rewards those contributions with incentives like depreciation and deductions."  


The HIG Podcast and its affiliates do not provide tax, legal or accounting advice. The material included in this podcast has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.

Mark as Played

Advertise With Us

Popular Podcasts

Stuff You Should Know
Dateline NBC

Dateline NBC

Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com

On Purpose with Jay Shetty

On Purpose with Jay Shetty

I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!

Music, radio and podcasts, all free. Listen online or download the iHeart App.

Connect

© 2025 iHeartMedia, Inc.