Tax Strategies the Ultra-Wealthy Use (Actionable Tips)

Ana Karina is a licensed CPA and owner of the AK Tax & Accounting Firm which helps Real Estate Investors build wealth by playing the IRS Game.

In our conversation today, we simplify the complex world of tax strategy and tax planning in order to paint a picture of the optimal tax landscape for you and your business. Additionally, Ana shares her advice on depreciation strategies, how to write off a vehicle purchase, bookkeeping, and how politics affect taxes.

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Timestamps:
0:00 - Introduction
3:02 - Ana's Experience in Buying Businesses
8:10 - Tax Planning Early In Your Career
11:04 - You Need a Tax Planner, Not a Tax Preparer
13:26 - Ana's Team
14:36 - Tax Benefits to Leverage From Real Estate Investment
17:11 - How to Qualify for Real Estate Professional Status
19:22 - What is Depreciation In Simple Terms
21:35 - How To Write Off The Purchase of a Vehicle
24:56 - Best Strategies for Record Keeping & What You Can Write Off
29:07 - When You Should Start Tax Planning For The Year
31:23 - The Questions You Should Ask When Looking For a CPA
33:02 - How Politics Influence The Taxes You Pay & 2024 Election Outlook
38:29 - Strategies To Build a Following on Instagram
40:46 - Benefits From Having A Social Media Following
42:05 - Ana's Goals
45:25 - Simple Hacks & Tips Ana Uses for Growth (Personal & Business)
47:33 - Conclusion
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