321: Short Term Rental Loophole with Thomas Castelli

Wealth Matters By Alpesh Parmar

Thomas Castelli, CPA is a Tax Strategist and real estate investor who helps other real estate investors keep more of their hard-earned dollars in their pockets and out of the government's *DISCLAIMER - We are not giving any financial advice. Please DYOR* (00:00 - 02:21) Opening Segment - Thomas is introduced as the guest Host - Thomas shares something interesting about himself (02:45 - 36:05) Short-Term Rental Loophole - Thomas shares his first investment and how it worked out for him - Thomas shares what kind of real estate he invests in now - What is the limitation for passive investors when taking advantage of depreciation - Does it make sense to invest in short-term rental now? - How Using the STR Loophole can save you 5-6 figures in taxes (36:38 - 39:32) Fire Round - Thomas shared if he would change his investment strategy - Thomas also shares his favorite Finance, real estate book, or any related book - Also Thomas shared about the website and tools that he can recommend - Thomas's advice to beginner investors - Also shared how he gives back (39:32 - 40:22) Closing Segment

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