Tax time is right around the corner. Whether you’re an entrepreneur, a high earner or a hobbyist investor, there are opportunities to save some money on your tax bill. Especially with some of the updates to the tax code that were introduced in recent years. Here to walk you through how to do it is my friend Erik Oliver. He's a cost segregation expert at the Cost Segregation Authority, where he digs into tax codes and how to make them work for you. In today’s episode, we dive into the major tax changes signed into law during the Trump administration, how to make the most of depreciation regardless of your investing style, and how Erik used these strategies himself to turn a $50,000 tax bill into a $140,000 deduction–and add a new property to his portfolio along the way! Key Takeaways with Erik Oliver Why W-2 earners are investing in short-term rentals to offset their income. How cost segregation can save clients tens of thousands of dollars in taxes for both residential and commercial investors. How bonus depreciation works and the different ways you can use it in your business. How Erik conquered his fears and dove headfirst into real estate after getting burned on his first rental property. The difference between a tax advisor and a tax preparer–and why you want the former, not the latter.  Want the Full Show Notes? To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit https://acceleratedinvestorpodcast.com/349 Rate & Review If you enjoyed today’s episode of The Accelerated Real Estate Investor Podcast, hit the subscribe button on Apple Podcasts, Spotify and YouTube so future episodes are automatically downloaded directly to your device. You can also help by providing an honest rating & review over on Apple Podcasts. Reviews go a long way in helping us build awareness so that we can impact even more people. THANK YOU! Connect with Josh Cantwell Facebook YouTube Instagram LinkedIn Twitter Sign up for the Forever Passive Income Partnering, Mastermind and Coaching Program with Josh Cantwell To unlock your potential and start earning real passive income, visit joshcantwellcoaching.com