How can real estate investing not only build wealth but also offer significant tax advantages when navigated with expertise?  In this enlightening episode, Ashish Acharya, a CPA renowned for his investor-friendly approach and deep expertise in real estate taxation, shares his journey from Nepal to becoming a leading figure in the accounting world, emphasizing the importance of responsiveness, dedication, and strategic tax planning for real estate investors. Through anecdotes and professional insights, listeners are treated to a masterclass on leveraging tax laws to maximize investment returns, the critical role of choosing the right entity, the transformative power of education, and much more. [00:01 - 03:00] The Journey Begins The importance of having a clear professional goalThe transition from auditing to a tax-focused careerThe significance of responsiveness in the CPA-client relationship[03:01 - 10:00] Unveiling Tax Strategies for Real Estate Depreciation and cost segregation as powerful tools for tax savingsThe impact of choosing the right entity for investmentThe role of strategic planning in maximizing tax benefits[10:01 - 20:00] Building a Business on Investor Needs The decision to cater exclusively to real estate investorsThe challenges and rewards of entrepreneurshipThe critical role of community and responsiveness in business growth[20:01 - 30:00] The Future of Tax Planning and Real Estate Investing Anticipating the return of 100% bonus depreciation and its implicationsThe importance of software in simplifying tax planning for investorsAshish's vision for leveraging technology to enhance tax advisory services[30:01 - 39:42] Personal Growth and Defining Success The transformative power of spirituality in personal and professional lifeThe importance of meditation and self-reflectionEvolving definitions of success beyond financial achievements Connect with Ashish: LinkedIn: https://www.linkedin.com/company/investor-friendly-cpa/ Instagram:https://www.instagram.com/investor_friendly_cpa/ YouTube: https://www.youtube.com/@investorfriendlycpaifc6215 LEAVE A 5-STAR REVIEW by clicking this link. WHERE CAN I LEARN MORE? Be sure to follow me on the below platforms: Subscribe to the podcast on Apple, Spotify, Google, or Stitcher. LinkedIn Youtube Exclusive Facebook Group www.yonahweiss.com None of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform. Tweetable Quotes: "Depreciation and cost segregation are the keys to unlocking tax savings for real estate investors." - Ashish Acharya "Success to me has evolved from financial achievements to finding peace and contentment through spirituality and meditation." - Ashish Acharya Support the show