The Tax Brain Surgeon: Don't trust your CPA!

Ep 54 - In today's episode of the Share The Wealth Show, Verline Davis takes us on a journey through her career as a tax brain surgeon, property manager, and real estate investor.  Tune in as she shares her story and provides valuable insights into how she got started in these fields and achieved success.  Vearline Davis is a Tax Strategist who helps clients with Advanced Tax Planning. Her journey began when she purchased several rental properties and was surprised to find out during tax time that she was not considered a Real Estate Professional and had very few write-offs. After years of research and from the experience of her previous CPA, she learned that not all tax professionals are created equal. Verline believes in the power of tax planning and enjoys seeing her clients transform and achieve financial success, and improves their overall well-being because they do not have that added stress running in the background.   Verline's journey is sure to inspire and educate. So sit back, relax, and let's dive into Verline's fascinating story. ________________________________ 15-Min FREE Tax Saving Strategy Session with Verline Davis! https://bit.ly/3wv28FH   FREE Discovery call for The Microfamily Investing Accelerator  https://calendly.com/noirvest/microfamilymavericks  ________________________________   [01:17 - 12:13] Who is Verline? How she got into these fields (Property Management, Tax planning, and Real estate Investing) She shares her experience with her previous CPA which gave her a lot of trouble. The realization that not all CPAs are alike. How she financed her first properties Strategy in purchasing properties [12:14 -19:29] Next Phase of Verline’s Journey How she started as Property Manager handling multifamily properties How she was hungry to dig in and learn more about the back end of property management on a tax level. [19:30 - 25:13] Verline as a Brain Surgeon  529 Alternative / 529 College Fund Tax Planning She teamed up with different CPA’s Tax Strategy for W2 employees and start-up business owners [25:14 - 37:16] Real Estate Professional Status Two tests to become RE Professional Work and participate 750 hrs a year short term rental status [37:17 - 38:07] Closing Segment Watch out for part 2 of our conversation with Verline!   Quote "I came to the realization, that not all tax professionals or CPAs are created equally." - Verline Davis   Connect with Verline! Website: www.Capitalvsolutions.com Instagram: https://www.instagram.com/capitalvsolutions/  LinkedIn: https://www.linkedin.com/in/capitalvsolutions/  ___________________________________________ Let’s get connected!  You can find Nicole on  LinkedIn https://www.linkedin.com/in/nicole-pendergrass/ Instagram https://www.instagram.com/nvestornikki/?hl=en Facebook https://www.facebook.com/nvestornikki or Visit her website https://noirvestholdings.com    LEAVE A REVIEW &...