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Real Estate Investing for Cash Flow with Kevin Bupp

#717: Unveiling the Tax-saving Secrets of a Former Accountant Turned Real Estate Maverick

Real Estate Investing for Cash Flow with Kevin Bupp

Kevin Bupp

Reit, Consultant, Syndication, Seniorliving, Retail, Kevinbupprealestate, Acquisitions, Realestate, Selfstorage, Donaldtrump, Assistedliving, Apartmentinvesting, Flow, Shoppingcenter, Kevinbupp, Coach, Investing, Kevinbuppflorida, Foreclosure, Realestateinvesting, Cashflowinvesting, Office, Business, Entrepreneur, Cashflow, Commercial, Real, Industrial, Education, Mergers, Trainer, Shortsale, Millionaire, Investments, Privatelending, Legacywealth, Funding, Podcast, Multifamily, Broker, Estate, Apartments, Commercialrealestate, Experts, Mobilehomeparks, Cash, Privatemoney, Valueadd, Hedgefund, Robertkiyosaki, Defaultedpaper

4.9675 Ratings

🗓️ 11 March 2024

⏱️ 31 minutes

🧾️ Download transcript

Summary

Our guest for this week’s show is tax strategist and real estate investment expert,Thomas Castelli. Thomas specializes in helping real estate investors keep more of their hard-earned dollars in their pockets and out of the government's. Over his tax career, he has worked one on one with hundreds of investors to help them reduce their tax bills. On the investing side, he is an active multifamily sponsor and has also invested in multiple syndicates/funds as a Limited partner. In addition to his real estate and tax endeavors,Thomas also hosts the Tax Smart REI podcast which averages over 100,000 listeners monthly and has nearly 4 million downloads.

Contact: thomascastelli.com/links

Highlights:

7:57 - Common Tax Benefits You Miss Out On

15:56 - RE Pro Status Qualifications

18:48 - Up and Coming in The Tax World

21:04 - Tax Efficient Classes

Quote: " You don't want to be the one who is missing out on five to six figures in tax savings"

 

☑️ Recommended Resources:

Check out our company and our investment opportunity by visiting www.SunriseCapitalInvestors.com

Self DirectedIRA Investment Opportunity–Click Here: https://www.advantaira.com/partners/s... To Learn More About How You CanInvest With Us Through Your SDIRA

Accredited Investors Click Here: https://sunrisecapitalinvestors.com/ to learn more about partnering with me and my team on Mobile Home Park deals!

Grab a free copy of my latest book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park...and how to avoid them MobileHomeParkAcademy.com

Schedule your free 30 minute "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2

Transcript

Click on a timestamp to play from that location

0:00.0

You've been searching for the best way to generate passive income in your life and heard that real estate is a great way to do it.

0:09.2

But you're tired of all the so-called gurus who are all talk and no substance.

0:15.0

Get ready to celebrate because Kevin Buck has spent 14 years successfully making it happen.

0:21.6

This is the Real Estate Investing for Cash Flow podcast.

0:25.3

Now, here's Kevin Bup.

0:31.1

Hey guys and gals, Kevin Bup here.

0:33.4

I've got some very exciting news I'd like to share with you before we jump into today's show.

0:37.7

Now, after closing on Fund For's first acquisition of a $50 million institutional grade mobile

0:42.9

home park, we're adding a second irreplaceable piece of real estate to the portfolio,

0:47.4

and it's coming into the fund with over $1.5 million of built-in equity for our investors day one.

0:53.4

Now, when I say irreplaceable,

0:54.8

I really do mean it. I mean, this is an affordable yet high-end waterfront mobile home park

0:59.3

located in the Columbus, Ohio market. Quite literally, every single mobile home on this property

1:04.8

is right on the lake, each with its very own personal boat dock, meaning a very high demand

1:10.2

for affordable weekend getaway options,

1:12.2

as well as year-round housing for working Americans.

1:15.5

This is a true unicorn of a property,

1:17.6

and you will not see another one like this come around again.

1:20.3

It really is one-of-a-kind.

1:21.9

A few other aspects worth noting.

1:24.1

This park is producing stable and predictable cash flow day one. We're acquiring it with

1:29.0

an excellent in-place Freddie McAlone at a 3.3% interest rate for the next eight and a half years.

...

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