![Page 1: Yead End Tax Strategies for Real Estate Investors](https://reader034.vdocuments.net/reader034/viewer/2022051412/547a5988b4795983098b49ff/html5/thumbnails/1.jpg)
Year End Tax Strategies for
Real Estate Investors
www.LermanLaw.comwww.uDirectIRA.com
www.KeyStoneCPA.comwww.HasslefreeCashflowInvesting.com
![Page 2: Yead End Tax Strategies for Real Estate Investors](https://reader034.vdocuments.net/reader034/viewer/2022051412/547a5988b4795983098b49ff/html5/thumbnails/2.jpg)
David CampbellDavid Campbelldeveloper / broker / syndicator
Former high school & college band director Professional investor over $800 million of real
estate experience
Self-made multi-millionaireReal estate & business advisor
Financial mentorHouses, condo-conversion, multi-family, winery, resort, office, retail, medical office, commercial
development, home building
[email protected]@HasslefreeCashflowInvesting.com
![Page 3: Yead End Tax Strategies for Real Estate Investors](https://reader034.vdocuments.net/reader034/viewer/2022051412/547a5988b4795983098b49ff/html5/thumbnails/3.jpg)
Begin with end in mindBegin with end in mind
��NOT a sales pitchNOT a sales pitch
��NOT investment, legal, or tax adviceNOT investment, legal, or tax advice
��NOT an investment offeringNOT an investment offering
Helping other people live more abundant lives by giving knowledge and support for our others to
invest profitably and with mental tranquility.
![Page 4: Yead End Tax Strategies for Real Estate Investors](https://reader034.vdocuments.net/reader034/viewer/2022051412/547a5988b4795983098b49ff/html5/thumbnails/4.jpg)
WHAT THIS WHAT THIS ISIS !!
��This This ISIS an educational an educational
service to our existing service to our existing
clientsclients
��This This ISIS a job interviewa job interview
![Page 5: Yead End Tax Strategies for Real Estate Investors](https://reader034.vdocuments.net/reader034/viewer/2022051412/547a5988b4795983098b49ff/html5/thumbnails/5.jpg)
Real Estate Investor Tax Advantages
•Tax Rate Reduction
• Capital Gains versus Ordinary Income
•Taxable Income Reduction
• Depreciation / write offs
•Tax Deferral
•Self-Directed IRA / 1031 exchange / capital gains
•Tax Avoidance
•Estate planning / 1031 swap till you drop
![Page 6: Yead End Tax Strategies for Real Estate Investors](https://reader034.vdocuments.net/reader034/viewer/2022051412/547a5988b4795983098b49ff/html5/thumbnails/6.jpg)
$ 1,271,408 $ 775,496 GROSS PROFIT
$ 1,171,804 $ 875,496 2042
$ 995,395 $ 757,595 2040
$ 845,544 $ 655,572 2038
$ 718,252 $ 567,287 2036
$ 610,123 $ 490,892 2034
$ 518,272 $ 424,785 2032
$ 440,249 $ 367,580 2030
$ 373,972 $ 318,079 2028
$ 317,672 $ 275,244 2026
$ 269,848 $ 238,178 2024
$ 229,224 $ 206,103 2022
$ 194,716 $ 178,348 2020
$ 165,402 $ 154,330 2018
$ 140,502 $ 133,547 2016
$ 119,350 $ 115,563 2014
$ 100,000 $ 100,000 2012
10% Profit Pay 15% CAP Gains Tax 10% Profit Pay 25%
Ordinary Income Taxes
Tax Rate Reduction
![Page 7: Yead End Tax Strategies for Real Estate Investors](https://reader034.vdocuments.net/reader034/viewer/2022051412/547a5988b4795983098b49ff/html5/thumbnails/7.jpg)
Taxable Income Reduction
Gross Income
X Rate
TAX OWED
(Gross Income
less Deductions
less Depreciation)
X Rate
TAX OWED
![Page 8: Yead End Tax Strategies for Real Estate Investors](https://reader034.vdocuments.net/reader034/viewer/2022051412/547a5988b4795983098b49ff/html5/thumbnails/8.jpg)
Tax Deferral
Arbitrage IRS
Invest at 10%
-Borrow from IRS at 0%
------------------------------------
PROFIT on IRS’s MONEY 10%
Arbitrage Bank
Invest at 10%
-Borrow from BANK at 5%
------------------------------------
PROFIT on BANK’s MONEY 5%
![Page 9: Yead End Tax Strategies for Real Estate Investors](https://reader034.vdocuments.net/reader034/viewer/2022051412/547a5988b4795983098b49ff/html5/thumbnails/9.jpg)
$ 1,233,705 $ 775,496 NET PROFIT
$ 411,235 paid along the way Income Tax Owed
$ 1,644,940 $ 775,496 GROSS PROFIT
$ 1,744,940 $ 875,496 2042
$ 1,442,099 $ 757,595 2040
$ 1,191,818 $ 655,572 2038
$ 984,973 $ 567,287 2036
$ 814,027 $ 490,892 2034
$ 672,750 $ 424,785 2032
$ 555,992 $ 367,580 2030
$ 459,497 $ 318,079 2028
$ 379,750 $ 275,244 2026
$ 313,843 $ 238,178 2024
$ 259,374 $ 206,103 2022
$ 214,359 $ 178,348 2020
$ 177,156 $ 154,330 2018
$ 146,410 $ 133,547 2016
$ 121,000 $ 115,563 2014
$ 100,000 $ 100,000 2012
10% Profit with Tax Deferral 10% Profit but Pay Taxes Tax Deferral
![Page 10: Yead End Tax Strategies for Real Estate Investors](https://reader034.vdocuments.net/reader034/viewer/2022051412/547a5988b4795983098b49ff/html5/thumbnails/10.jpg)
$ 1,644,940$ 775,496 NET PROFIT
ESTATE PLANNING SWAP TILL YOU DROPpaid along the way Income Tax Owed
$ 1,644,940 $ 775,496 GROSS PROFIT
$ 1,744,940 $ 875,496 2042
$ 1,442,099 $ 757,595 2040
$ 1,191,818 $ 655,572 2038
$ 984,973 $ 567,287 2036
$ 814,027 $ 490,892 2034
$ 672,750 $ 424,785 2032
$ 555,992 $ 367,580 2030
$ 459,497 $ 318,079 2028
$ 379,750 $ 275,244 2026
$ 313,843 $ 238,178 2024
$ 259,374 $ 206,103 2022
$ 214,359 $ 178,348 2020
$ 177,156 $ 154,330 2018
$ 146,410 $ 133,547 2016
$ 121,000 $ 115,563 2014
$ 100,000 $ 100,000 2012
10% Profit with NO TAX EVER 10% Profit but Pay Taxes Tax Avoidance
![Page 11: Yead End Tax Strategies for Real Estate Investors](https://reader034.vdocuments.net/reader034/viewer/2022051412/547a5988b4795983098b49ff/html5/thumbnails/11.jpg)
[email protected]@HasslefreeCashflowInvesting.com
“Quarter-Back” of your Investing Team”
NEW HOUSES
PASSIVE SYNDICATIONS
COACHING
David Campbellwww.HasslefreeCashflowInvesting.com
![Page 12: Yead End Tax Strategies for Real Estate Investors](https://reader034.vdocuments.net/reader034/viewer/2022051412/547a5988b4795983098b49ff/html5/thumbnails/12.jpg)
Presented By
(877) 975-0975
KEYSTONE CPA, INC.
2011 YEAR-END TAX PLANNING STRATEGIES
www.KeystoneCPA.com
![Page 13: Yead End Tax Strategies for Real Estate Investors](https://reader034.vdocuments.net/reader034/viewer/2022051412/547a5988b4795983098b49ff/html5/thumbnails/13.jpg)
Federal Income Taxes @ 35%
State Income Taxes @ 11%
Current Tax Rates
Payroll Taxes @ 15%
Capital Gains Taxes @ 15%
Estate Taxes @ 35%
(877) 975-0975 www.KeystoneCPA.com
![Page 14: Yead End Tax Strategies for Real Estate Investors](https://reader034.vdocuments.net/reader034/viewer/2022051412/547a5988b4795983098b49ff/html5/thumbnails/14.jpg)
Brand New Taxes
Unearned Income Medicare Contributions Tax
….Wow, that’s a mouthful!
-Brand New Tax on Net Investment Income = Another 3.8%
Hospital Insurance Tax….Another Innovative Brand New Concept
-Brand New Tax on Earned Income = Yet Another 0.9%
(877) 975-0975 www.KeystoneCPA.com
![Page 15: Yead End Tax Strategies for Real Estate Investors](https://reader034.vdocuments.net/reader034/viewer/2022051412/547a5988b4795983098b49ff/html5/thumbnails/15.jpg)
www.themegallery.com Company Logo
Redirect Tax Dollars to Your Retirement Accounts
• Pay Yourself Rather than the IRS
• Create Tax Deferred Money to Invest in Real Estate
• Start a Bucket of Tax Free Money for Life
(877) 975-0975 www.KeystoneCPA.com
![Page 16: Yead End Tax Strategies for Real Estate Investors](https://reader034.vdocuments.net/reader034/viewer/2022051412/547a5988b4795983098b49ff/html5/thumbnails/16.jpg)
2011 TAX REDUCTION STRATEGIES
Income Deferral
(877) 975-0975 www.KeystoneCPA.com
![Page 17: Yead End Tax Strategies for Real Estate Investors](https://reader034.vdocuments.net/reader034/viewer/2022051412/547a5988b4795983098b49ff/html5/thumbnails/17.jpg)
2011 TAX REDUCTION STRATEGIES
Accelerate Expenses
EXPENSES
(877) 975-0975 www.KeystoneCPA.com
![Page 18: Yead End Tax Strategies for Real Estate Investors](https://reader034.vdocuments.net/reader034/viewer/2022051412/547a5988b4795983098b49ff/html5/thumbnails/18.jpg)
2011 Bonus Depreciation
2011201120112011
(877) 975-0975 www.KeystoneCPA.com
![Page 19: Yead End Tax Strategies for Real Estate Investors](https://reader034.vdocuments.net/reader034/viewer/2022051412/547a5988b4795983098b49ff/html5/thumbnails/19.jpg)
For Real Estate Investors
(877) 975-0975 www.KeystoneCPA.com
![Page 20: Yead End Tax Strategies for Real Estate Investors](https://reader034.vdocuments.net/reader034/viewer/2022051412/547a5988b4795983098b49ff/html5/thumbnails/20.jpg)
Contact Us
Company Logo(877) 975-0975
KEYSTONE CPA, INC. Maximizing Profits & Increasing Wealth
www.KeystoneCPA.com
AS SEEN ON:
(877) 975-0975
www.KeystoneCPA.com
![Page 21: Yead End Tax Strategies for Real Estate Investors](https://reader034.vdocuments.net/reader034/viewer/2022051412/547a5988b4795983098b49ff/html5/thumbnails/21.jpg)
Presented By
FREE! Downloadable eBook
*****Any tax advice included in this written or electronic communication was not intended or written to be used, and it cannot be used by the taxpayer, (1) for the purpose of avoiding any penalties that may be imposed on the taxpayer by any governmental taxing authority or agency, (2) promoting, marketing, or recommending to another party any transaction or matter addressed herein. The information contained within is provided for informational purposes only and is not intended to substitute for obtaining accounting, tax, or financial advice from a professional accountant. Before making tax or business decisions, please consult your professional tax advisor. This message (including any attachments) contains confidential information intended for a specific individual and purpose, and is protected by law. Any disclosure, copying, or distribution of this message, or the taking of any action based on it, is strictly prohibited. *****Copyright © 2011 by Keystone
CPA, Inc.
(877) 975-0975
![Page 22: Yead End Tax Strategies for Real Estate Investors](https://reader034.vdocuments.net/reader034/viewer/2022051412/547a5988b4795983098b49ff/html5/thumbnails/22.jpg)
Essential ResourcesEssential Resources
�� cashcash
�� cash flowcash flow
�� creditcredit
�� equityequity
�� timetime
�� talenttalent
�� strategic relationshipsstrategic relationships
�� control of an opportunitycontrol of an opportunity
LIMITED
INFINITE
LIMITED and INFINITE
![Page 23: Yead End Tax Strategies for Real Estate Investors](https://reader034.vdocuments.net/reader034/viewer/2022051412/547a5988b4795983098b49ff/html5/thumbnails/23.jpg)
�� cashcash
�� cashflowcashflow
�� credit (other peoplecredit (other people’’s)s)
�� equityequity
�� timetime
�� talenttalent
�� strategic relationshipsstrategic relationships
�� control of an opportunitycontrol of an opportunity
Traditional IRA
Self-Directed IRA
TAX DEFERRAL
![Page 24: Yead End Tax Strategies for Real Estate Investors](https://reader034.vdocuments.net/reader034/viewer/2022051412/547a5988b4795983098b49ff/html5/thumbnails/24.jpg)
How to SelfHow to Self--Direct Your Retirement SavingsDirect Your Retirement Savings
uDirect IRA Services, LLC is not a fiduciary and does not render tax, legal, accounting, investment, or other professional advice. If tax, legal, accounting, investment, or other similar expert assistance is required, the
services of a competent professional should be sought.
![Page 25: Yead End Tax Strategies for Real Estate Investors](https://reader034.vdocuments.net/reader034/viewer/2022051412/547a5988b4795983098b49ff/html5/thumbnails/25.jpg)
WhatWhat’’s the Difference?s the Difference?
Typical IRATypical IRA
•• StocksStocks
•• BondsBonds
•• Mutual FundsMutual Funds
•• CDCD’’ss
SelfSelf--Directed IRADirected IRA
•• Rental PropertyRental Property
•• NotesNotes
•• Private StockPrivate Stock
•• LLCLLC’’ss
•• Tax LiensTax Liens
•• Foreign PropertyForeign Property
•• Raw LandRaw Land
•• Etc.Etc.
![Page 26: Yead End Tax Strategies for Real Estate Investors](https://reader034.vdocuments.net/reader034/viewer/2022051412/547a5988b4795983098b49ff/html5/thumbnails/26.jpg)
What Are The Limits?What Are The Limits?
A SelfA Self--Directed IRA can invest in anything EXCEPTDirected IRA can invest in anything EXCEPT
1.1. Life Insurance PoliciesLife Insurance Policies
2.2. CollectiblesCollectibles1.1. ArtworksArtworks
2.2. CoinsCoins
3.3. Collectible CarsCollectible Cars
4.4. AntiquesAntiques
5.5. GemsGems
6.6. StampsStamps
7.7. RugsRugs
![Page 27: Yead End Tax Strategies for Real Estate Investors](https://reader034.vdocuments.net/reader034/viewer/2022051412/547a5988b4795983098b49ff/html5/thumbnails/27.jpg)
What if your funds are with your What if your funds are with your
current employer?current employer?
Your plan will probably NOT allow you to self-direct
Must wait until you leave the companyTo rollover retirement plan
You can request an “in-service” transfer from your current plan administrator.
![Page 28: Yead End Tax Strategies for Real Estate Investors](https://reader034.vdocuments.net/reader034/viewer/2022051412/547a5988b4795983098b49ff/html5/thumbnails/28.jpg)
Prohibited TransactionsProhibited Transactions
(IRS Publication 590)(IRS Publication 590)
•• Borrowing money from the IRABorrowing money from the IRA
•• Selling property to it.Selling property to it.
•• Using it as security for a loan.Using it as security for a loan.
•• Buying property for personal use (present Buying property for personal use (present or future) with IRA funds.or future) with IRA funds.
![Page 29: Yead End Tax Strategies for Real Estate Investors](https://reader034.vdocuments.net/reader034/viewer/2022051412/547a5988b4795983098b49ff/html5/thumbnails/29.jpg)
Disqualified PersonDisqualified Person
•• Disqualified persons include your fiduciary and Disqualified persons include your fiduciary and
members of your family (spouse, ancestor, lineal members of your family (spouse, ancestor, lineal
descendant, and any spouse of a lineal descendant, and any spouse of a lineal
descendant). descendant).
![Page 30: Yead End Tax Strategies for Real Estate Investors](https://reader034.vdocuments.net/reader034/viewer/2022051412/547a5988b4795983098b49ff/html5/thumbnails/30.jpg)
Qualified PersonsQualified Persons
•• Aunts & UnclesAunts & Uncles
•• CousinsCousins
•• Brothers & SistersBrothers & Sisters
•• Unrelated friendsUnrelated friends
•• Nieces & NephewsNieces & Nephews
![Page 31: Yead End Tax Strategies for Real Estate Investors](https://reader034.vdocuments.net/reader034/viewer/2022051412/547a5988b4795983098b49ff/html5/thumbnails/31.jpg)
Prohibited TransactionsProhibited Transactions
•• Neither you nor any disqualified people Neither you nor any disqualified people
may benefit from IRA may benefit from IRA
•• Cannot buy, sell or exchange property Cannot buy, sell or exchange property
between plan and between plan and
–– Self or Self or
–– Disqualified peopleDisqualified people
•• Cannot provide goods, services or facilitiesCannot provide goods, services or facilities
![Page 32: Yead End Tax Strategies for Real Estate Investors](https://reader034.vdocuments.net/reader034/viewer/2022051412/547a5988b4795983098b49ff/html5/thumbnails/32.jpg)
SelfSelf--Directed IRA Directed IRA -- StructureStructure
•• YouYou
•• Your IRAYour IRA
•• TPATPA
•• CustodianCustodian
![Page 33: Yead End Tax Strategies for Real Estate Investors](https://reader034.vdocuments.net/reader034/viewer/2022051412/547a5988b4795983098b49ff/html5/thumbnails/33.jpg)
Buying Real Estate With Your IRABuying Real Estate With Your IRA
ProsPros
1.1. Capital gains are tax freeCapital gains are tax free
2.2. Positive cash flow is tax free Positive cash flow is tax free
3.3. No time limit for holding propertyNo time limit for holding property
4.4. IRA can borrow moneyIRA can borrow money
–– Leverage your investmentLeverage your investment
5.5. Potential to earn a larger rate of return on Potential to earn a larger rate of return on
invested capitalinvested capital
![Page 34: Yead End Tax Strategies for Real Estate Investors](https://reader034.vdocuments.net/reader034/viewer/2022051412/547a5988b4795983098b49ff/html5/thumbnails/34.jpg)
Buying Real Estate With Your IRABuying Real Estate With Your IRA
ConsCons
1.1. No tax advantages of owning real estate No tax advantages of owning real estate
2.2. No deduction for capital lossesNo deduction for capital losses
3.3. You are solely responsible for all gains or You are solely responsible for all gains or
losseslosses
4.4. You cannot replace lossesYou cannot replace losses
![Page 35: Yead End Tax Strategies for Real Estate Investors](https://reader034.vdocuments.net/reader034/viewer/2022051412/547a5988b4795983098b49ff/html5/thumbnails/35.jpg)
Buying Real Estate Buying Real Estate -- The ProcessThe Process•• Open a selfOpen a self--directed accountdirected account
•• Shop for a propertyShop for a property
•• Remember, itRemember, it’’s the IRA that is the buyers the IRA that is the buyer
•• Custodian to sign Custodian to sign ““Offer to PurchaseOffer to Purchase””
•• Submit a Buy Direction Letter for earnest money Submit a Buy Direction Letter for earnest money
depositdeposit
•• Funds wired to closing from your IRAFunds wired to closing from your IRA
•• Fund & RecordFund & Record
•• Rents are made payable to your IRARents are made payable to your IRA
![Page 36: Yead End Tax Strategies for Real Estate Investors](https://reader034.vdocuments.net/reader034/viewer/2022051412/547a5988b4795983098b49ff/html5/thumbnails/36.jpg)
IRAIRA--Owned LLCOwned LLC
““Checkbook IRACheckbook IRA””
•• IRA purchases shares of a newlyIRA purchases shares of a newly--formed formed
LLC formed for this purposeLLC formed for this purpose
•• LLC receives funds in itLLC receives funds in it’’s checking accounts checking account
•• LLC follows same rules as IRA for LLC follows same rules as IRA for
investinginvesting
![Page 37: Yead End Tax Strategies for Real Estate Investors](https://reader034.vdocuments.net/reader034/viewer/2022051412/547a5988b4795983098b49ff/html5/thumbnails/37.jpg)
3 Types of Plans3 Types of Plans
•• IRAsIRAs–– Individual Retirement AccountsIndividual Retirement Accounts
–– What you are doing for your own retirementWhat you are doing for your own retirement
•• Qualified PlansQualified Plans–– ERISA controlledERISA controlled
–– Typically, what an employer provides youTypically, what an employer provides you
•• Other PlansOther Plans–– EducationEducation
–– HealthHealth
![Page 38: Yead End Tax Strategies for Real Estate Investors](https://reader034.vdocuments.net/reader034/viewer/2022051412/547a5988b4795983098b49ff/html5/thumbnails/38.jpg)
Types Of SelfTypes Of Self--Directed PlansDirected Plans
IRAsIRAs Qualified PlansQualified Plans Other PlansOther Plans
TraditionalTraditional 401K/ 457/ 403b401K/ 457/ 403b CoverdellCoverdell
RothRoth Defined BenefitDefined BenefitHealth Savings Health Savings
AccountAccount
SEPSEP Profit SharingProfit Sharing
SimpleSimple Individual KIndividual K
SpousalSpousal
![Page 39: Yead End Tax Strategies for Real Estate Investors](https://reader034.vdocuments.net/reader034/viewer/2022051412/547a5988b4795983098b49ff/html5/thumbnails/39.jpg)
How Do I SelfHow Do I Self--Direct?Direct?
1.1. Complete an applicationComplete an application1.1. Provide copy of driverProvide copy of driver’’s licenses license
2.2. Copy of statementCopy of statement
2.2. Fund your accountFund your account1.1. Annual ContributionAnnual Contribution
2.2. TransferTransfer
3.3. RolloverRollover
3.3. Tell us what you want to invest inTell us what you want to invest in
![Page 40: Yead End Tax Strategies for Real Estate Investors](https://reader034.vdocuments.net/reader034/viewer/2022051412/547a5988b4795983098b49ff/html5/thumbnails/40.jpg)
KaarenKaaren Hall, PresidentHall, President
uDirectuDirect IRA Services, LLCIRA Services, LLC
(866) 538(866) 538--35393539
[email protected]@uDirectIRA.com
uDirect IRA Services, LLC2522 Chambers Road, Ste 100
Tustin, CA 92780
![Page 41: Yead End Tax Strategies for Real Estate Investors](https://reader034.vdocuments.net/reader034/viewer/2022051412/547a5988b4795983098b49ff/html5/thumbnails/41.jpg)
Michelle C. LermanLerman Law Partners, LLP
Copyright 2010 -2011@ Lerman Law Partners, LLP All Rights Reserved
Tax Avoidance Through Estate Planning
![Page 42: Yead End Tax Strategies for Real Estate Investors](https://reader034.vdocuments.net/reader034/viewer/2022051412/547a5988b4795983098b49ff/html5/thumbnails/42.jpg)
• Certified Specialist in Estate Planning, Trust and Probate Law by the California State Bar Board of Legal Specialization
• Super Lawyers of Northern California for 2009 and 2010• Marin Estate Planning Council• Co-founder/head Mentor Group, Marin County Bar
Association Estate Planning Section• Frequent lecturer• Voted #1 Favorite Lawyer - The “J.” Newspaper Readers’ Poll
2007 Marin and Sonoma Counties• UCLA, BA, magna cum laude 1980, USC- JD 1983
Michelle C. LermanLerman Law Partners, LLP
Copyright 2010 -2011@ Lerman Law Partners, LLP All Rights Reserved
![Page 43: Yead End Tax Strategies for Real Estate Investors](https://reader034.vdocuments.net/reader034/viewer/2022051412/547a5988b4795983098b49ff/html5/thumbnails/43.jpg)
Disclaimer
This seminar is offered with the understanding that neither Michelle C. Lerman, nor Lerman Law Partners LLP is engaged in offering you legal or other professional advice, and we have no attorney-client relationship with you unless you sign an Engagement Agreement. Any actions with regard to the information contained in this seminar should be undertaken only upon the advice and counsel of competent legal, tax and estate planning professionals.
![Page 44: Yead End Tax Strategies for Real Estate Investors](https://reader034.vdocuments.net/reader034/viewer/2022051412/547a5988b4795983098b49ff/html5/thumbnails/44.jpg)
IRS Circular 230 Disclosure Nothing contained in these presentation materials was intended or written to be used, can be used or may be relied on for the purpose of avoiding penalties that may be imposed under the IRC of 1986, as amended, and may not be used to support the promotion or marketing of or to recommend any federal tax transactions discussed in this presentation.
![Page 45: Yead End Tax Strategies for Real Estate Investors](https://reader034.vdocuments.net/reader034/viewer/2022051412/547a5988b4795983098b49ff/html5/thumbnails/45.jpg)
Copyright 2010-11 @ Lerman Law Partners All Rights Reserved
CRITICAL END-OF-YEAR ESTATE PLANNING
![Page 46: Yead End Tax Strategies for Real Estate Investors](https://reader034.vdocuments.net/reader034/viewer/2022051412/547a5988b4795983098b49ff/html5/thumbnails/46.jpg)
CRITICAL PROVISIONS OF THE 2010 TAX ACT
1. $5M BASIC EXCLUSION
2. 35% FLAT RATE FOR ESTATE
AND GST TAX
3. SUNSET AT END OF 2012
![Page 47: Yead End Tax Strategies for Real Estate Investors](https://reader034.vdocuments.net/reader034/viewer/2022051412/547a5988b4795983098b49ff/html5/thumbnails/47.jpg)
Copyright 2010-11 @ Lerman Law Partners All Rights Reserved
THE “GIFT TAX BONANZA”An Extra $8 Million!!
![Page 48: Yead End Tax Strategies for Real Estate Investors](https://reader034.vdocuments.net/reader034/viewer/2022051412/547a5988b4795983098b49ff/html5/thumbnails/48.jpg)
LEVERAGE THE GIFT!
• INSTALLMENT SALE
• QPRT
• LIFE INSURANCE TRUST
![Page 49: Yead End Tax Strategies for Real Estate Investors](https://reader034.vdocuments.net/reader034/viewer/2022051412/547a5988b4795983098b49ff/html5/thumbnails/49.jpg)
ANNUAL EXCLUSION GIFTS
• BY DECEMBER 31
• AGAIN IN JANUARY 2012
![Page 50: Yead End Tax Strategies for Real Estate Investors](https://reader034.vdocuments.net/reader034/viewer/2022051412/547a5988b4795983098b49ff/html5/thumbnails/50.jpg)
PAYMENTS FOR TUITION AND MEDICAL EXPENSES
• UNLIMITED AMOUNT
• PAY DIRECT
![Page 51: Yead End Tax Strategies for Real Estate Investors](https://reader034.vdocuments.net/reader034/viewer/2022051412/547a5988b4795983098b49ff/html5/thumbnails/51.jpg)
Michelle C. Lerman
Lerman Law Partners, LLP
• Los Angeles
• San Francisco
• San Mateo
• San Rafael
(310) 295-1951
(415) 454-0455
www.lermanlaw.com
![Page 52: Yead End Tax Strategies for Real Estate Investors](https://reader034.vdocuments.net/reader034/viewer/2022051412/547a5988b4795983098b49ff/html5/thumbnails/52.jpg)
![Page 53: Yead End Tax Strategies for Real Estate Investors](https://reader034.vdocuments.net/reader034/viewer/2022051412/547a5988b4795983098b49ff/html5/thumbnails/53.jpg)
Jeffrey H. Lerman, Esq.
T M
www.RealEstateInvestorLaw.com
![Page 54: Yead End Tax Strategies for Real Estate Investors](https://reader034.vdocuments.net/reader034/viewer/2022051412/547a5988b4795983098b49ff/html5/thumbnails/54.jpg)
![Page 55: Yead End Tax Strategies for Real Estate Investors](https://reader034.vdocuments.net/reader034/viewer/2022051412/547a5988b4795983098b49ff/html5/thumbnails/55.jpg)
![Page 56: Yead End Tax Strategies for Real Estate Investors](https://reader034.vdocuments.net/reader034/viewer/2022051412/547a5988b4795983098b49ff/html5/thumbnails/56.jpg)
![Page 57: Yead End Tax Strategies for Real Estate Investors](https://reader034.vdocuments.net/reader034/viewer/2022051412/547a5988b4795983098b49ff/html5/thumbnails/57.jpg)
![Page 58: Yead End Tax Strategies for Real Estate Investors](https://reader034.vdocuments.net/reader034/viewer/2022051412/547a5988b4795983098b49ff/html5/thumbnails/58.jpg)
![Page 60: Yead End Tax Strategies for Real Estate Investors](https://reader034.vdocuments.net/reader034/viewer/2022051412/547a5988b4795983098b49ff/html5/thumbnails/60.jpg)
Year End Tax Strategies for
Real Estate Investors
White List: [email protected]
FREE REPORTSCOPY OF SLIDES
VIDEO OF PRESENTATIONCONTACT INFO FOR ALL PRESENTERS