Posts Tagged ‘Sean McCoy’

Tax tips, forclosure houses, and self directed IRAs for real estate investors (video)

Saturday, March 17th, 2012

It’s an honor, once again, to have tax accountant, Sean McCoy, E.A., Chartered (PC), discuss tax tips for real estate investors, particularly in light of the looming deadline to submit income taxes.

Today Sean will discuss:

1. Changes to the tax code that affect real estate investors;
2. Issues related to purchasing forclosed properties;
3. Pros and cons of self-directed IRA accounts to purchase real estate; and,
4. Tax considerations when owning out of state properties.

Here is the complete YouTube interview.

Critical Tax & Investment Tips for Real Estate Investors

Saturday, March 19th, 2011

My interview with the inimitable Tax Accountant Sean McCoy. Sean has 31 years experience doing taxes and shares his wisdom with us in this video. He is also a Business Appraiser and a Licensed Fiduciary.

Sean responds to the following questions. Some of his responses may surprise you.

1. What are some common mistakes that real estate investors make on their tax returns?

2. How will real estate investors be affected by new tax laws?

3. What types of investments do you see as the wisest to make right now?

4. What other tips or suggestions might you have for real estate investors?