Show notes
Thomas Castelli is a Tax Strategist and real estate investor, who helps other real estate investors keep more of their hard-earned dollars in their pockets and out of the government through proactive tax strategy and planning.In this episode, Thomas shares his inspiring story of transitioning from a corporate job to chasing his entrepreneurial dreams. He dives into the details of his role at Tax Smart, which involves content creation, sales, and distribution for the firm’s podcast, newsletter, and Facebook group. [00:01 - 03:10] Opening SegmentWe welcome, Thomas Castelli, CPA!He learned about real estate investing from books like “Rich Dad, Poor Dad” and “The Richest Man in Babylon”[03:11 - 27:18] Maximizing Tax Benefits And Proactive StrategiesReal estate investors need a CPA who understands real estate and tax toolsFinding the ideal sweet spot for clientsLeveraging real estate alongside other businesses or careersConflict of interest when dealing with clientsProactivity is key when it comes to taxes[27:19 - 32:56] THE FINAL FOURWhat's the worst job that you ever had?Working as a recruiterWhat's a book you've read that has given you a paradigm shift?“Atomic Habits” by James ClearWhat is a skill or talent that you would like to learn?Learn Spanish or ItalianWhat does success mean to you?Thomas says, “Success would be that I'm able to raise a family with independent children who can think and act on their own, and then also be able to pass down wealth.”Connect with Thomas Castelli:Facebook: Thomas Castelli, CPAInstagram: Thomas Castelli, CPATwitter: Thomas Castelli, CPALEAVE A 5-STAR REVIEW by clicking this link.WHERE CAN I LEARN MORE?Be sure to follow me on the below platforms:Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.LinkedInYoutubeExclusive Facebook Groupwww.yonahweiss.comNone of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.Tweetable Quotes:“Identity is who what you repeatedly do. So, think of who you want to be and then go put those in action.” – Thomas Castelli, CPA“It's not just about taking losses from real estate and being able to use them against your active income. That's certainly a big benefit of real but it's not the end home.” – Thomas Castelli, CPASupport the show