On this week’s episode, Kent is joined by Amanda Han and Matt MacFarland, partners at Keystone CPA and authors of Tax Strategies for the Savvy Real Estate Investor. Amanda and Matt reveal how real estate investors—from beginners to high-net-worth professionals—can use the tax code to build wealth faster and keep more of their earnings. They break down how depreciation, bonus depreciation, and cost segregation unlock “paper losses” that shelter real cash flow and even offset other income streams. The pair also explain how to invest in real estate through retirement accounts, common tax myths that hold investors back, and how to align with a CPA who truly understands real estate strategy.
Where to find Amanda and Matt:
- Website: https://www.keystonecpa.com
- Instagram: https://www.instagram.com/amandahancpa
Key Takeaways:
- Real estate creates paper losses through depreciation that offset real-world income.
- Leverage amplifies tax benefits since depreciation is based on the entire property value, not just your down payment.
- Bonus depreciation allows large first-year deductions through cost segregation studies.
- Passive investors can still benefit significantly—even without being full-time in real estate.
- Self-directed IRAs and 401(k)s can be powerful tools for investing in syndications tax-deferred.
- The right CPA should think strategically about wealth building, not just tax filing.
Books mentioned
- Tax Strategies for the Savvy Real Estate Investor by Amanda Han and Matthew MacFarland — https://www.keystonecpa.com/book
- Rich Dad Poor Dad by Robert Kiyosaki — https://www.richdad.com/products/rich-dad-poor-dad
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Production by Outlier Audio
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