Tax Help! / Smart Ways to Invest Money

[Lukas Iraola]

Hey everyone,

I'm a 30 year old real estate agent who owns a team in the DC area. I'm looking for some tax advice.

I'm making over $500k / year in my business and living well below my means. I'm looking to invest most of my money and to take advantage of tax opportunities. Most agents in my brokerage don't invest much in real estate which is crazy to me - and the ones that do don't seem to have any information on commercial real estate / accelerated depreciation / smart ways to invest their money. 

I'm wondering if anyone has any advice (books to read / investors or an accountant to talk to / etc.). 

I would also love to learn more about commercial real estate in general -- are there any local meet-ups happening in the area?

Any information you can share would be much appreciated!

[Daniel Hyman]

You should definitely reach out to a CPA that help you with tax planning and potentially with entity structuring for tax savings as well.