YFP Real Estate Investing 96: Managing Risk and Taxes through a Real Estate Team w/ Thomas Castelli

Thomas Castelli, CPA, CFP®, a tax strategist and real estate investor, discusses the benefits of passive real estate investing for busy pharmacists and employing tax strategy to get the most out of your real estate investments from a tax perspective.

Links Mentioned in Today’s Episode

* Tax Smart Real Estate Investors Podcast: https://www.therealestatecpa.com/podcasts
* Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! by Robert T. Kiyosaki: https://www.amazon.com/Rich-Dad-Poor-Teach-Middle/dp/1612680194/ref=sr_1_2?crid=25YMRU31EIKMK&dchild=1&keywords=rich+dad+poor+dad&qid=1601514698&s=books&sprefix=rich+dad+poor%2Caps%2C145&sr=1-2
* Investopedia: Tax Reform Act of 1986: https://www.investopedia.com/terms/t/taxreformact1986.asp#:~:text=Understanding%20the%20Tax%20Reform%20Act%20of%201986&text=The%20Tax%20Reform%20Act%20of%201986%20lowered%20the%20top%20tax,increased%20at%20the%20same%20time.
* REPS 03: Strategies to Qualify as a Real Estate Professional & Busting the Myths of the Internet: https://www.therealestatecpa.com/podcasts/reps-03-strategies-to-qualify-as-a-real-estate-professional-busting-the-myths-of-the-internet
* The Hands-Off Investor: An Insider’s Guide to Investing in Passive Real Estate Syndications by Brian Burke: https://www.amazon.com/Hands-Off-Investor-Insiders-Investing-Syndications/dp/1947200275/ref=sr_1_1?keywords=the+hands+off+investor+brian+burke&qid=1675907781&sprefix=the+hands+off+inve%2Caps%2C111&sr=8-1
* Left Field Investors: https://leftfieldinvestors.com/
* Tax Smart Real Estate Investors Facebook Group: https://www.facebook.com/groups/taxsmartinvestors/
* YFP Real Estate Investing: https://yourfinancialpharmacist.lpages.co/real-estate-investing/
* Join the YFP Real Estate Investing Facebook Group: https://www.facebook.com/groups/338191891080736/
* Your Financial Pharmacist Disclaimer and Disclosures: https://yourfinancialpharmacist.com/disclaimer