There are tax advantages for investing in real estate, but do you actually know how to leverage them for your benefit? In this episode, Thomas Castelli, CPA, CFP, drops a ton of knowledge on how to maximize your tax savings as a real estate investor. He dives straight into the pros and cons of accelerated depreciation, the right time to do cost segregation studies, common misconceptions and mistakes investors make in their tax strategy.
Thomas provides tips for choosing the right CPA for your real estate business, tracking your business hours and taking advantage of your professional real estate status.Don’t miss this opportunity to learn how to optimize your investments with expert advice from a tax strategist. Tune in now!
Topics discussed in this episode:
Connect with Thomas Castelli:
https://thomascastelli.com/links
https://twitter.com/thomascastellicpa
https://www.instagram.com/thomascastellicpa
https://www.linkedin.com/in/thomascastelli
https://www.tiktok.com/@thomascastellicpa
https://www.facebook.com/castellithomas
Connect with DJ Olojo:
https://www.instagram.com/dj_olojo/
https://www.facebook.com/Djolojo/
https://www.theforeclosurefixpodcast.com/
Check out the FREE Collecting Keys “Sub To Transactions” Master Class!
https://collectingkeys.com/subto
If you’re an established investor with money to invest, but not the time, check out the Instant Investor PRO Program! https://collectingkeys.com/
Check out the Big Dan Energy shirt (and more!) in the Collecting Keys Merch Store: https://store.collectingkeys.com/
Download the FREE 5-Step Guide To Generating Off Market Leads here: https://collectingkeys.com/resources/
If you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, head to https://collectingkeys.com/keyscon-2023/ and see if you are a good fit for the mastermind group!
Collecting Keys Podcast Resources:
https://www.instagram.com/collectingkeyspodcast/
https://www.instantinvestorprogram.com/