E69 - Effectively Utilizing Resources for Entrepreneurial Success with Thomas Castelli

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. He holds equity positions in several multifamily properties and participated in the syndication of an 82 unit apartment complex as a general partner. His real-life real estate investing experience, combined with his ever-growing arsenal of hard-hitting tax strategies, allows him to see eye-to-eye with clients in ways an average CPA never could. Tyler and Thomas’ discussion focused on how to utilize various resources to put yourself in the best position to succeed. They talked about making the most out of mentors, surrounding yourself with high-achievers, listening to podcasts, music and over a dozen books, focusing on tax and management. Thomas delved further into tax strategy, sharing the ideal strategy, as well as the biggest tax mistakes real estate investors make. Other topics included obstacles Thomas has encountered an entrepreneur, systematizing accountability, reviewing goals daily, why he got into syndication, why two of his role models are Jay Z and Arnold Schwarzenegger, getting sleep and more! Connect with Thomas: Website: thomascastelli.com Podcast: https://www.therealestatecpa.com/podcasts/author/thomas-castelli The Real Estate CPA Website: therealestatecpa.com The following books were mentioned in the show: Think and Grow Rich, by Napoleon Hill The Power of Habit, by Charles Duhigg Tax-Free Wealth, by Tom Wheelwright What Your CPA Isn’t Telling You, by Mark J. Kohler Every Landlords Tax Deduction Guide, by Nolo The New One Minute Manager, by Ken Blanchard and Spencer Johnson Traction, by Gino Wickman Think and Grow Rich, by Napoleon Hill The Effective Executive, by Peter F. Drucker Never Split the Difference, by Chris Voss The Richest Man in Babylon, by George Clason Rich Dad, Poor Dad, by Robert Kiyosaki Sapiens, Yuval Noah Harari Apply for coaching with Tyler! The world's top performers in any field have a coach to help them achieve drastically greater results and in less time. The most successful real estate investors are no different. To apply for a results coaching session with Tyler, visit coachwithtyler.com. This episode of Elevate is brought to you by CF Capital LLC, a national real estate investment firm that focuses on acquiring and operating multifamily assets that provide stable cash flow, capital appreciation, and a margin of safety. CF Capital leverages its expertise in acquisitions and management to provide investors with superior risk-adjusted returns while placing a premium on preserving capital. Learn more at cfcapllc.com.