How much money are you leaving on the table by waiting until tax season to start planning?
Hosts Tait Duryea and Ryan Gibson talk with Nathan Sosa from Hall CPA to break down the latest tax updates that matter most to pilots and high-income professionals. Get ready to hear practical insights on bonus depreciation, the short-term rental strategy, oil and gas tax benefits, passive real estate losses, and why filing an extension may be smarter than rushing to file. They also clear up common confusion around K-1s and explain when it makes sense to bring in a CPA.
Nathan Sosa is a tax strategist at Hall CPA with a master’s in taxation and deep expertise in helping high-income earners, including pilots, navigate complex tax planning. His advice helps investors think ahead, avoid costly mistakes, and make smarter tax decisions.
Show notes:
(0:00) Intro
(0:43) Meet tax strategist Nathan Sosa
(4:27) State of the tax world
(5:00) Bonus depreciation back to 100%
(8:03) Net investment income tax explained
(12:01) SALT deduction surprises and limits
(15:08) Bunching charitable deductions strategy
(17:13) Short-term rental tax strategy
(20:28) Oil and gas tax benefits
(31:23) What happens when deals sell
(42:59) Extensions, amendments, and late K-1s
(49:16) Outro
Connect with Nathan Sosa:
- Website: https://www.therealestatecpa.com/become-client/
- LinkedIn: https://www.linkedin.com/in/nathansosacpa/
Related Episodes:
- #14 - Depreciation Demystified: Cost Segregation and Tax Savings in Real Estate with Toby Mathis
- #92 - Opportunity Zones for Passive Income: Unlock Tax Savings and Growth with Nathan Sosa
- #118 - The Big Beautiful Tax Bill with Nathan Sosa
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*Legal Disclaimer*
The content of this podcast is provided solely for educational and informational purposes. The views and opinions expressed are those of the hosts, Tait Duryea and Ryan Gibson, and do not reflect those of any organization they are associated with, including Turbine Capital or Spartan Investment Group. The opinions of our guests are their own and should not be construed as financial advice. This podcast does not offer tax, legal, or investment advice. Listeners are advised to consult with their own legal or financial counsel and to conduct their own due diligence before making any financial decisions.