Dave McGuire, Co Owner of tax firm McGuire & Sponsel, joins the show to explain how to pay less taxes using a cost segregation study, savvy tax planning, and long term tax strategy. If you are seeking to keep more of your hard earned money and pay less taxes, this episode is for you. Dave McGuire has years of experience helping people implement tax saving strategies that may be unknown to many.
Dave McGuire, co-founder of McGuire Sponsel, is a leading expert on cost segregation, fixed assets, and depreciation law. He has reviewed real estate portfolios ranging in size from six-figure acquisition costs to billions of dollars in value and has provided cost segregation services for companies in a wide variety of industries.
While serving in consulting and management roles with the Big Four accounting firms, he acquired a thorough understanding of the Internal Revenue Code’s depreciation provisions. McGuire is the primary resource for alliance firms in regards to how tax law affects depreciation and is also a trainer for Surgent CPE.
McGuire earned a degree in civil engineering from the University of Notre Dame with a concentration in structural design.
MCSP Homepage: Click Here!
Dave’s leadership page: Click Here!
Let’s Talk Tax page: Click Here!
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00:00 Intro
01:21 How to Pay Less Taxes with Dave McGuire
03:08 1031 Exchanges and Tax Benefits
10:31 Common Tax Strategy Mistakes
07:36 Cost Segregation and Cash Flow Impact
14:58 Passive Income and Tax Write-Offs
17:33 Asset Holding and Tax Implications
19:15 Bonus Depreciation and Tax Policy
25:51 Navigating Changing Tax Laws Long-Term
28:17 Strategic Deduction Timing and Future Tax Planning
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Enhance your real estate investing knowledge !
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This is not a solicitation for funds, tax advice, or legal advice. This is not intended to be, and must not be construed to be in any form or manner a solicitation of investment funds or a securities offering. Peoples Capital Group LLC is NOT a United States Securities Dealer or Broker nor U. S. Investment Adviser is a Consultant/service provider and makes no warranties or representations as to the listener or viewer. All due diligence is the responsibility of the investor.
