Hey, it’s Barbara Schreihans, your host of Life Changing Money, and in this solo episode, I’m diving into real estate tax strategies that every business owner needs to know to turn revenue into riches. I’m so excited to share how you can leverage properties—like turning your home into a rental or tapping equity—to build wealth while slashing your tax bill with deductions like home office write-offs and cost segregation studies. I also spilled the details on my luxe New York City retreat in June, where you’ll get two full days with me to boost your business visibility—it’s a steal and a write-off! Plus, don’t miss my free April 16th masterclass on real estate write-offs, my only one this year, packed with bonuses like a trusts presentation and a live session with me. I’ve been there with the highs and lows—like losing money to a shady property manager—so I’m here to make sure you’re savvy, educated, and surrounded by the right team. Tune in, sign up, and let’s build your wealth together—links are in the show notes!
Welcome to another episode of the Life Changing Money podcast where I’m spilling all my best real estate tax strategies for business owners like you, because pairing your business with property investing is a total game-changer.
I couldn’t wait to tell you about my upcoming NYC retreat in June—two days of luxe, actionable fun to make you the authority in your field—and my one-and-only "Write Off Your Real Estate" masterclass on April 16th, packed with bonuses like a trusts course and a live session with me. I dove into how you can turn your home into a rental or use its equity to snag more properties, stacking up wealth while slashing taxes. I got nerdy with stuff like home office deductions and the self-rental election, showing how a $150,000 loss could save you $50,000-$75,000 on your tax bill. I also reminded you to depreciate everything in your rentals and write off that work truck—details that add up big time. Stick with me through this episode and the masterclass, because real estate’s the ultimate way to turn your revenue into riches, and I’m here to help you make it happen!
Tune in to uncover:
Introduction to Real Estate Tax Strategies (00:00:31:02 - 00:00:55:08)
NYC Retreat Announcement (00:00:55:09 - 00:02:44:11)
Write Off Your Real Estate Masterclass (00:03:27:01 - 00:04:29:13)
Leveraging Existing Properties (00:05:38:00 - 00:07:26:16)
Home Office and Self-Rental Rules (00:07:41:05 - 00:10:01:20)
Depreciation and Business Vehicles (00:10:48:06 - 00:13:31:10)
Why Real Estate Wins for Business Owners (00:13:56:17 - 00:15:00:11)
How To Get Involved:
Life-Changing Money is a podcast all about money. We share stories of how money has impacted and radically changed the lives of others—and how it can do the same for you.
Your host, Barbara Schreihans (pronounced ShREE-hands) is the founder and CEO of Your Tax Coach, and the creator of the Write Off Your Life Course. She is a top tax strategist, business coach, and expert in helping business owners and high-net-worth individuals save millions in taxes while increasing profits.
When she’s not leading her team, coaching clients, or dreaming up new goals for her company, you can find her drinking coffee, hanging out with her family, and traveling the world.
Grab a cup of coffee and become inspired as we hear from those who have overcome and are overcoming their self-limiting beliefs and money mindsets!
Do you have a burning question that you’d love to hear answered on a future show?
Please email it to: podcast@yourtaxcoach.biz