Show notes
Ryan Carriere is a CPA who specializes in tax strategies for real estate investors. Not only he loves to bring a smile to his clients when they see a clear path forward to reducing their taxes with various strategies but is also a fellow investor himself. He owns all his properties with other partners in long-term rentals, Airbnb, and multifamily syndication investments. Seeing the lack of financial education growing up makes him passionate about financial independence and financial education for the next generation. He discusses real estate strategies for individuals with a million dollars or more net worth. He says that real estate is one of the most versatile and profitable investments you can make, and thanks to tax cuts and the job act, it’s now even more advantageous for high-net-worth investors.[00:00 - 12:13] Opening SegmentIntroducing Ryan to the show!Benefit from the help of a CPA firm that specializes in real estate[12:14 - 25:26] Leverage Vacation Rentals To Build WealthBenefits of being a real estate professionalCost segregationShort-term rentalsShifting income to children [25:27 - 37:13] Lower Your Taxable Income With Roth IRAAdditional expenses for your business may have lowered your taxable incomeMeeting certain thresholds will not withhold your children’s incomeStart your children early in their careerThe IRS loves real estate investors[37:14- 41:49] Closing SegmentReal estate can create more jobs and help the economy grow See the links below to connect with Ryan!Quotes:"My first and primary focus is to continue to pursue that financial freedom that is going to come about for my family, for multiple generations.” - Ryan Carriere, CPA"It's not to me just about passing along money. It's about passing along education so that they can do it themselves." - Ryan Carriere, CPAConnect with Ryan through LinkedIn, Facebook, Twitter & Website!Connect with me:www.5talents.capitalLinkedInInstagramWatch 5T CRE on YouTubeLeave us a review and receive your free ebookEmail us --> [email protected] 5 TALENTS CAPITAL | ABEL PACHECOIf you are ready to start your investment journey with 5 Talents Capital, here are the next steps you should take:View our informational video and case study at https://5talents.capital/grow-your-wealth/After viewing the video follow the prompts which will lead you to a scheduling link to meet one on one with Abel Pacheco. Register for our investor portal here investor portal once registered you will be able to review some of our past deals and you will receive alerts for upcoming investment opportunities.I Help People Build Wealth And 10X THEIR MONEYSupport the Show.