339. Multiple Businesses, Major Write-Offs: Marty Geier’s Path to a $40K Taxable Income
Episode Description
In this episode of the Tax Smart REI Podcast, Thomas and Ryan sit down with entrepreneur and investor Marty Geier to unpack how he reduced his taxable income from $1.4 million to just $40K using a blend of business building, short-term rentals, and advanced tax strategy.
Tune in to learn:
- How Marty uses the 500-hour rule to make short-term rental losses non-passive and deductible
- Why he starts a new business each year and how it helps offset active income
- The exact way he structures his real estate and businesses to maximize Section 179 and bonus depreciation
- How he tracks performance across 10+ ventures to know when to scale, pivot, or exit
- What most investors underestimate about the real-time commitment of running rentals
To become a client, request a consultation from Hall CPA, PLLC at go.therealestatecpa.com/3KSEev6
Get your FREE ticket to the 2025 Tax, Legal, and Wealth Summit:
https://www.taxandlegalsummit.com/registration
Subscribe to REI Daily & Enter to Win a FREE Strategy Call:
go.therealestatecpa.com/41JuQBX
The Tax Smart Real Estate Investors podcast is for general information purposes only and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. Information on the podcast may not constitute the most up-to-date legal or other information. No reader, user, or listener of this podcast should act or refrain from acting on the basis of information on this podcast without first seeking legal and tax advice from counsel in the relevant jurisdiction. Only your individual attorney and tax advisor can provide assurances that the information contained herein – and your interpretation of it – is applicable or appropriate to your particular situation. Use of, and access to, this podcast or any of the links or resources contained or mentioned within the podcast show and show notes do not create a relationship between the reader, user, or listener and podcast hosts, contributors, or guests.
Tune in to learn:
- How Marty uses the 500-hour rule to make short-term rental losses non-passive and deductible
- Why he starts a new business each year and how it helps offset active income
- The exact way he structures his real estate and businesses to maximize Section 179 and bonus depreciation
- How he tracks performance across 10+ ventures to know when to scale, pivot, or exit
- What most investors underestimate about the real-time commitment of running rentals
To become a client, request a consultation from Hall CPA, PLLC at go.therealestatecpa.com/3KSEev6
Get your FREE ticket to the 2025 Tax, Legal, and Wealth Summit:
https://www.taxandlegalsummit.com/registration
Subscribe to REI Daily & Enter to Win a FREE Strategy Call:
go.therealestatecpa.com/41JuQBX
The Tax Smart Real Estate Investors podcast is for general information purposes only and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. Information on the podcast may not constitute the most up-to-date legal or other information. No reader, user, or listener of this podcast should act or refrain from acting on the basis of information on this podcast without first seeking legal and tax advice from counsel in the relevant jurisdiction. Only your individual attorney and tax advisor can provide assurances that the information contained herein – and your interpretation of it – is applicable or appropriate to your particular situation. Use of, and access to, this podcast or any of the links or resources contained or mentioned within the podcast show and show notes do not create a relationship between the reader, user, or listener and podcast hosts, contributors, or guests.