Maximizing Tax Benefits in Real Estate with Billy Withers

Skip the Lines Podcast, with Jonathan Mitchell

In this episode of Skip the Lines Podcast with Jonathan Mitchell interviews legendary real estate tax expert Billy Withers. They discuss Billy's fascinating journey from Army brat to renowned tax strategist, covering his extensive background in accounting and taxation.

The conversation delves into valuable tax-saving strategies including ADUs, depreciation, cost segregation, and the short-term rental loophole. Billy also shares insights on the importance of meticulous bookkeeping and what it takes to qualify as a real estate professional.

Perfect for anyone looking to enhance their knowledge of real estate tax strategies!

Highlights
00:00 Welcome to Skip the Lines with Jonathan Mitchell & Guest Billy Withers

00:21 Billy Withers: A Legend in Real Estate and Capital Raising

00:33 The Power of LinkedIn and Genuine Connections

01:48 Diving Into Billy Withers' Background and Journey

02:01 From Army Brat to Taxation Expert: Billy's Early Years

03:47 Mastering Taxation: Billy's Academic and Professional Path

12:00 The Shift to Entrepreneurship and Real Estate Insights

13:59 Embracing the Entrepreneurial Spirit: Billy's Transition

16:38 Finding Success and Making Partner in the Virtual World

18:08 Navigating Life's Crossroads: A Personal Journey

19:42 The Entrepreneurial Leap: Starting an Accounting Firm

20:28 Mastering Your Trade: The Path to Independence

22:42 The Riches Are in the Niches: Focusing Your Business

23:57 Exploring the ADU Market: Opportunities and Strategies

24:27 Tax Strategies and Real Estate: Maximizing Benefits

29:38 The Power of Cost Segregation in Real Estate

39:41 Bookkeeping and Accounting: The Foundation of Financial Success
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Connect with Billy Withers!
Website: https://summitats.com/
Twitter/X: https://twitter.com/BillyWithersTax
LinkedIn: https://www.linkedin.com/in/billywitherstax/
LinkedIn: https://www.linkedin.com/company/summitats/?trk=ppro_cprof
Connect with me!
Instagram: https://www.instagram.com/jonathanmitchellre/
Facebook: https://www.facebook.com/profile.php?id=100088499808533
Instagram: https://www.instagram.com/jonathanmitchellre/
Facebook: https://www.facebook.com/profile.php?id=100088499808533
LinkedIn: https://www.linkedin.com/in/jonathan-mitchell-a1493410b?lipi=urn%3Ali%3Apage%3Ad_flagship3_profile_view_base_contact_details%3Bked5yNlFRoy58i2w48zNjg%3D%3D
ADU PALS: https://adupals.com
Business Inquiries: [e-mail]
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