#18- Seller Financing & Notes With The Investors CPA Larry Pendleton
In this dynamic episode, Larry Pendleton, known as the Investor CPA, shares his insights on merging tax strategies with real estate investing. He covers the benefits of seller financing, overlooked tax strategies, entity structuring, and the shift from traditional real estate to mortgage notes. Larry also discusses his passion project: building affordable housing for teachers and police officers by partnering with cities and lenders, highlighting how creative deal structuring and scaling with the right people can fuel both profits and social impact.1. Introduction & Seller Financing Benefits0:00 – 5:20Larry shares his background as a CPA with over two decades of experience, focusing on real estate. He explains the tax benefits of seller financing for sellers, including capital gains deferral and spreading tax liability over time.2. Common Tax Misconceptions & Smart Structuring5:21 – 10:50Larry addresses common tax misconceptions, like the overuse of LLCs and S-Corps, and the importance of smart tax planning aligned with good investments. He explains how asking “how” questions can lead to better strategies rather than chasing specific outcomes.3. Overlooked Tax Strategies & Real Estate Notes10:51 – 18:15Larry discusses overlooked strategies such as paying kids through the business, solo 401(k)s, and using cost segregation. He also explains how he transitioned from flips and rentals to investing in mortgage notes and the advantages of notes in building passive income.4. Affordable Housing Projects & Scaling the Business18:16 – 32:30Larry shares his passion project: collaborating with cities to build affordable housing for key community workers, like teachers and police officers. He highlights the challenges and opportunities in balancing profits with community impact.5. Building a Scalable Team & Final Insights32:31 – End (38:14)Larry discusses his vision for the future, focusing on scaling the note business and building a team of specialists. He emphasizes that business success requires collaboration and references a favorite quote from Who Not How by Dan Sullivan: “If you can achieve your goals by yourself, your goals are too small.”Learn More nytfire.comText 📱 210-972-1842 Help support the show. https://podcasters.spotify.com/pod/show/nytfire/support
Daniel Esteban Martinez
Podcaster/ Investor
Daniel is Podcaster, and land real estate investor with years of experience.
Larry Pendleton
The Investor's CPA
"Building Passive Income and Saving Taxes is a Team Sport, Make Sure You have the Right Coach."
That is why, my mission is to help fellow investors achieve financial abundance by increasing their passive income secured by real estate and reducing their taxes with effective tax strategies.
I have been a CPA and tax strategist for around two decades with a focus on tax strategies for investors. My company, PC Financial Services, has helped thousands of investors across the US with tax planning to saved them thousands of dollars in taxes. Along with tax consulting, we add value with cost segregation studies, accredited investor validation, and tax preparation.
I also been a real estate investor for over a decade. I have been an active participant in various ventures across the US consisting of; mortgage notes, multi & single family rentals, syndications, corporate housing, short-term rentals, new development, and flips. Besides the current portfolio of notes, rentals, and new construction, our focus now is educating investors on how to achieve greater returns than their bank or retirement accounts, secured by real estate by being private lenders.
I serve on various Boards of non-profits that promote the financial literacy of the youth. I also serve on the Planning Commission for the city of Norfolk, VA.
Most importantly, I am married to my extraordinary wife, Whitney, and the proud father of our 2 sons, Larry III and Wesley.
