Join Mike Cavaggioni and Larry Pendleton on the 44th episode of the Average Joe Finances Podcast as they discuss the tax benefits of investing in real estate and the scalability of multifamily. Larry Pendleton is a real estate investor and CPA with a passion for adding value to fellow investors through tax consulting and accounting services. Along with PC Financial Services, he is currently Director of Finance for real estate investment firm RIZE Equity Holdings. Today, Larry shares his journey, from helping others minimize their tax liabilities to eventually investing in real estate himself.
In this episode, you’ll learn:
● The abundance mindset and why sharing information with others helps you grow as an investor and an individual.
● How scalability is essential when transitioning from single-family to multifamily.
● What the best practices are to build a tax plan into real estate investments.
● What depreciation is and how it benefits someone investing in real estate regarding tax.
● The importance of knowing the expertise of your current tax professional.
● And much more!
About Larry Pendleton:
Larry Pendleton has over ten years of accounting, tax, and auditing experience as a Certified Public Accountant. In addition, he brings more than seven years’ worth of real estate investing experience as the Chief Financial Officer for C.P. Realty and Next Level Investments. He oversaw the accounting and finance of over 3 million dollars’ worth of commercial real estate in that role. Simultaneously, Larry founded P.C. Financial Services, LLC., which provides nationwide tax consulting and planning for real estate professionals.
Larry also has a track record of success in Internal Audits. He spent over five years as a Senior Auditor for three companies utilizing his expertise to drive cost efficiencies and grow their brands. As the Director of RIZE’s Financial Operations, his business experience in real estate, combined with his educational background of a Bachelors and Masters in Accounting, means you will be dealing with a financial professional you can trust to maximize efficiencies on every investment.
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