Tax Strategies for Real Estate Investors with Ted Lanzaro

Published: Nov. 21, 2019, 8:25 a.m.

b"Ted Lanzaro from Lanzaro CPA joins us today to talk taxes, and why busy professionals should all invest in real estate as part of their tax strategy! We cover the real estate professional designation, what you need to do to qualify for it, and what you can do if you don\\u2019t qualify. Get into real estate today!\\n\\xa0\\nQuotes:\\n\\u201cIf a passive investor in a syndication has carry over losses, they get to take those losses when the property is sold.\\u201d\\n\\u201cYou can't sell your property and then a month later call your CPA and say, \\u201cOh, I want to do a 1031 exchange,\\u201d it doesn't work like that.\\u201d\\n\\u201dAs an investor, you have to realize that you're going to look at a lot of properties to find that good one that really is a good investment.\\u201d\\n\\xa0\\nGet in touch:\\nwww.LanzaroCPA.com\\n\\nOther Similar Episodes:\\nWealth Strategies of the Ultra Wealthy with Richard Wilson\\nSelf Directed IRA Myths! What are UDFI and UBIT? with Bernard Reisz\\n\\xa0\\nGuest Bio:\\nTed Lanzaro is a highly recognized and respected Certified Public Accountant, real estate investor and real estate broker. He is the founder of Lanzaro CPA, LLC located in Cheshire, Connecticut, a boutique CPA firm specializing in accounting and taxation for the real estate industry.\\xa0\\n\\xa0\\nFor the past 29 years, he has helped thousands of real estate business owners, entrepreneurs and investors all over the United States implement cutting edge tax strategies that save them thousands of dollars annually on their taxes."