Weiss Advice
Weiss Advice
Strategic Tax Planning for Investors with Ashish Acharya
How can real estate investing not only build wealth but also offer significant tax advantages when navigated with expertise?
In this enlightening episode, Ashish Acharya, a CPA renowned for his investor-friendly approach and deep expertise in real estate taxation, shares his journey from Nepal to becoming a leading figure in the accounting world, emphasizing the importance of responsiveness, dedication, and strategic tax planning for real estate investors. Through anecdotes and professional insights, listeners are treated to a masterclass on leveraging tax laws to maximize investment returns, the critical role of choosing the right entity, the transformative power of education, and much more.
[00:01 - 03:00] The Journey Begins
- The importance of having a clear professional goal
- The transition from auditing to a tax-focused career
- The significance of responsiveness in the CPA-client relationship
[03:01 - 10:00] Unveiling Tax Strategies for Real Estate
- Depreciation and cost segregation as powerful tools for tax savings
- The impact of choosing the right entity for investment
- The role of strategic planning in maximizing tax benefits
[10:01 - 20:00] Building a Business on Investor Needs
- The decision to cater exclusively to real estate investors
- The challenges and rewards of entrepreneurship
- The critical role of community and responsiveness in business growth
[20:01 - 30:00] The Future of Tax Planning and Real Estate Investing
- Anticipating the return of 100% bonus depreciation and its implications
- The importance of software in simplifying tax planning for investors
- Ashish's vision for leveraging technology to enhance tax advisory services
[30:01 - 39:42] Personal Growth and Defining Success
- The transformative power of spirituality in personal and professional life
- The importance of meditation and self-reflection
- Evolving definitions of success beyond financial achievements
Connect with Ashish:
LinkedIn: https://www.linkedin.com/company/investor-friendly-cpa/
Instagram:https://www.instagram.com/investor_friendly_cpa/
YouTube: https://www.youtube.com/@investorfriendlycpaifc6215
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Tweetable Quotes:
"Depreciation and cost segregation are the keys to unlocking tax savings for real estate investors." - Ashish Acharya
"Success to me has evolved from financial achievements to finding peace and contentment through spirituality and meditation." - Ashish Acharya