TurboTax Tax Prep Bootcamp for Landlords & STR Owners
Discover how to prepare your tax returns (Form 1040) to capture the tax benefits of basic & advanced real estate tax strategies, including the STR Loophole, REPS, and more!
Why enroll in TurboTax Tax Prep Bootcamp for Landlords & STR Owners?
Even if you've been filing your own tax returns for years, things become significantly more complicated when you start investing in real estate...
Not to mention start using complex real estate tax strategies like REPS or the STR Loophole.
Why go it alone and waste hours trying to figure it out yourself? Hoping you get it right the first time?
The reality is, reporting these advanced tax strategies is complex, so complex that even other CPAs and tax preparers reach out to us to ask for support.
But the good news is, it's possible to file these complex strategies yourself using TurboTax Desktop - even if you have never filed a tax return before.
Which is exactly why we created this course.
After helping 1,000+ prior students discover how to reduce taxes, we want to help as many investors as possible capture their tax savings on their tax returns.
If you want to save a ton of time and make tax filing painless, don't wait, enroll in this Bootcamp today and file your tax returns the right way, the first time.
Serious about maximizing tax savings? After putting the strategies in place, the rubber meets the road on your tax returns and we're here to help!
Cheers,
Ryan Carriere, CPA
Their words, not mine:
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Key Outcomes:
This is a no-nonsense Bootcamp that teaches you how to use TurboTax Desktop to file your tax returns in just 2 weeks using both basic and advanced tax strategies, whether you have long-term rentals, short-term rentals, or both.
In the course we cover:
- How to report your income and other traditional deductions associated with your personal tax returns (Form 1040).
- How to report your rental properties on Schedule E (or Schedule C, if you provide substantial services).
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How to report the STR Loophole, REPS, and relevant grouping elections.
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How to report the de minimis safe harbor, cost segregation studies (depreciation), and other real estate-specific issues.
- How to report K-1s, review your return, and a lot more!
Bonuses include:
- The STR Tax Course which breaks down everything you need to know to use the STR Loophole to save 5-6 figures in taxes. (A $247 value, yours free!)
By the end of this Bootcamp, you'll be ready to file your tax returns, whether you have long-term, short-term rentals, or both.
Meet Your Instructor
FAQs
Who is this course for?
This course is for landlords of all sizes, including long-term and short-term rental owners who plan to self-file their individual tax return (Form 1040).
Here's a lightning-fast quiz:
- Not sure how to file complex strategies like REPS or the STR Loophole?
- Is your tax preparer saying they don't know how to file these strategies on your behalf?
- Or worse, is your tax preparer saying you can't use these strategies at all?
- Would you like a professional to guide you through how to file your returns the right way?
- Want to save hours spinning your wheels trying to figure it all out yourself?
If even one of these hits home, this course is your solution.
Who should NOT enroll in this course?
This course is NOT for fix and flippers, wholesalers, agents, or property managers who do not own rental properties - it is designed for owners of rental properties (including long and short-term rentals).
Also, this course is designed around TurboTax Desktop. If you don't use or plan to use TurboTax Desktop, this course will not be beneficial for you.
Also, this course is designed around TurboTax Desktop. If you don't use or plan to use TurboTax Desktop, this course will not be beneficial for you.
This course is also not for CPAs or tax professionals who don't invest in real estate and plan to file your own returns using TurboTax Desktop.
Why TurboTax Desktop?
TurboTax Desktop offers the ability to file complex tax strategies such as the real estate professional status (REPS) and STR Loophole.
TurboTax Online simply does not offer the functionality to file these more complex and nuanced strategies.
What version of TurboTax Desktop?
This course requires TurboTax Desktop: Premier or Home & Business. TurboTax is not included in this course.
Should I take this course if I haven't purchased a property yet?
This course will be most beneficial to investors who already own at least one rental property.
How long is this Bootcamp?
This is a concise two week Bootcamp. The content is broken down into digestible video lessons, allowing you to effortlessly review specific lessons. You'll also have access to two Live Q&A sessions hosted via Zoom and a private forum to get answers to your questions.
What do I need to prepare for this Bootcamp?
In order to prepare and file your returns, you will typically need, if applicable: your W-2(s), 1099(s), 1099-INT, 1099-DIV, 1099-S, P/L for your properties, and other documents relevant to your tax returns.
A checklist will be provided in the Bootcamp.
How much does the course cost?
The course is an investment of $997.
How long do I have access to the course content?
You will have access through October 15, 2024.
When does the Bootcamp start?
The Bootcamp is scheduled to start April 1, 2024.
What if I have questions?
As part of the Bootcamp, you'll have access to a private forum and two Live Q&A sessions where you can ask questions and get answers from Ryan, the course instructor himself.
Do you offer a guarantee?
As is the nature of our profession, we cannot guarantee results. However, we do have a refund policy that we're happy to honor. If you're not satisfied and request a refund, in writing, by April 5, 2024, we will process a refund.
