CTW 127: Brandon Hall and Thomas Castelli - Playing for Keeps in Real Estate Taxes

Published: Nov. 9, 2019, 1:52 a.m.

Brandon Hall is a CPA and owner of The Real Estate CPA. Brandon assists investors with Tax Strategy through customized planning and Virtual Workshops. Brandon is an active real estate investor and a Principal at Naked Capital, a capital group investing in large multi-family projects and manufactured housing. In addition, he’s a big contributor to BiggerPockets including the BiggerPockets blog having written several articles. Thomas Castelli is also a real estate investor and CPA with The Real Estate CPA. Thomas is the founder of the Babylon Property Group where he acquires underperforming and distressed real estate assets and provides passive investment opportunities to investors. They are co-hosts of the Real Estate CPA Podcast.

Topics Covered:

  • The benefit of real estate professional status

  • What to track for a possible audit

  • Understanding passive losses

  • Cost segregation studies

  • BARRRR v BRRRR and placed in service date

Nuggets of Wealth

  • What's one tool you use everyday that can also help others? Gsuite

  • What's a common mistake people make on their taxes? inability safe harbor, not understanding the Tax Cuts and Jobs Act

  • What's one resource you'd recommend to listeners? NOLO Landlord Tax Guide

  • What's something people don’t know? You can get vehicle deduction for a vehicle over 6,000 lbs if you use it 50% or more for work

  • What's one book you'd recommend? Richest Man in Babylon
  • Where can CTW Nation go to contact you or find out more you? https://www.therealestatecpa.com/