Mark Perlberg, CPA, Rey Trevino, Oil Executive, and Stu Turley discuss the looming tax season. Several key points from the discussion revolve around tax planning and the downward-trending real estate market.

0:03 Introduction

02:24 - Opportunities for Tax Deductions: Rates are up, so profits on real estate are down; check depreciation, and deals are more challenging to find due to interest rates.

05:08 Truck deductions, when?

06:46 Entrepreneurs making over a quarter million or a combined income of over half a million may overpay in taxes and need a new CPA.

09:18 1031 Exchanges are critical, and some oil and gas investments may qualify.

12:01 Profitability of the tax treatment

Please get in touch with Mark Perlberg for any questions at https://www.linkedin.com/in/markperlbergcpa/ and https://www.markperlbergcpa.com/

Follow Rey Trevino on The Crude Truth and His LinkedIn Here: https://www.linkedin.com/in/reytrevinoiii/

Contact Stu at questions@energynewsbeat.com for a free 1031 exchange e-book.