
RE:INVEST
Are you ready to REclaim your time, relationships, and purpose? Welcome to the RE:Invest podcast where we dive deep into the power of REal estate investing where you will learn how to build wealth and maximize your life! Your hosts Seth and Garrett have experienced first hand the challenges in REI and immense benefits. They will drill down past the fluff into the mindsets, passions and strategies in order to climb the mountain of REI all for the purpose of making an impact on yourself, your family and your community. Join us as we seek out the rockstars of real estate to those who are in the process of building their legacy.
RE:INVEST
#11 How to Keep More Money in YOUR Pocket | Tax Strategies with Austin Sherer
In today's episode (#11) we interview Austin Sherer. Austin is a certified public accountant (CPA) and is experienced in helping investors and business owners with tax strategies. Austin is the Newest partner of Sielschott, Walsh, Keifer, Regula, & Sherer Inc. He started working in accounting at 19, getting hands on experience while finishing his degree. He has been helping investors and business owners save money for 15 years by utilizing his tax knowledge (legally). He officially became a CPA at 24, and a partner at the firm at 30. Last year his firm handled 4,500 1040s! Listen in to learn some great business/investing strategies!
4 Practical Do’s and Don’ts of Owning a Real Estate Investing Business
1. Don’t collect your rents in Cash. They need to be documented.
2. If not for appreciation, buy for CASH FLOW.
3. Track business income and expenses.
4. Don’t rent to friends or family, treat your business like a business.
Connect with Austin at:
https://swkrcpa.com
There is a contact section on the website if you would like to contact Austin or utilize his tax services.
Austin’s Li’l Nugget:
Find someone who is doing something you think is interesting and sit down with that person for coffee or lunch. Make it your goal to have a conversation and learn from someone different once a month!
Connect with your Hosts:
Garrett Gatton
LinkedIn
Facebook
Garrett.gatton@gmail.com
Seth Ciminillo
LinkedIn
Facebook
Seth.ciminillo@gmail.com
Li'l Nugget Segment music: "Hip-Hop 1" by Deff Syndicate is marked with CC BY 3.0.