# 10 Real Estate Tax Myths Costing You Thousands with Steven Young | Ep. 47

Page: https://stenobird.com/podcast/real-estate-investing-for-life-build-wealth-through-real-estate-without-a-second-job-7044402/10-real-estate-tax-myths-costing-you-thousands-with-steven-young-ep-47
Text version: https://stenobird.com/podcast/real-estate-investing-for-life-build-wealth-through-real-estate-without-a-second-job-7044402/10-real-estate-tax-myths-costing-you-thousands-with-steven-young-ep-47.md
Podcast: [Real Estate Investing for Life -  Build Wealth Through Real Estate without a Second Job](https://stenobird.com/podcast/real-estate-investing-for-life-build-wealth-through-real-estate-without-a-second-job-7044402)
Published: 2026-02-10T11:00:00+00:00
Episode link: https://idaho-real-estate-investor-show.simplecast.com/episodes/10-real-estate-tax-myths-costing-you-thousands-with-steven-young-ep-47-hu2O_spA
Audio file: https://cdn.simplecast.com/audio/351cdfdf-7ca6-4400-9aa2-764d68dac74b/episodes/58f37bb3-7391-4c94-9953-fe55b5bfe49d/audio/ce0b7fd2-0469-46e8-9a04-3fe30b0c2481/default_tc.mp3?aid=rss_feed&feed=pOnvysVT
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Duration seconds: 2129

## Resource

Taxes are one of the most overlooked parts of real estate investing, especially when you are just getting started. In this episode, I sit down with tax strategist Steven Young to talk through the most important tax basics every investor should understand from the beginning. If you are a high-income earner or business owner exploring real estate, this conversation will help you avoid surprises, ask better questions, and build a smarter investing strategy from day one. Steven shares why tax planning is not something to figure out later, but something that should shape your investing decisions early on. We break down common myths around LLCs, depreciation, passive losses, and 1031 exchanges, and I walk you through how real estate can become one of the most powerful wealth-building tools when you understand the tax advantages that come with it. This episode will give you practical clarity and confidence as you start building long-term financial freedom through real estate.

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