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Going Long Podcast with Billy Keels

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  2. The Importance of Having a Tax Professional on Your Long Distance Investing Team - Larry Pendleton

The Importance of Having a Tax Professional on Your Long Distance Investing Team - Larry Pendleton

Oct 31, 2022

Are you an Accredited Investor that’s tired of getting crushed by paying so much in income tax? Find out how we’re helping others like you keep Uncle Sam out of your pocket. Click the link HERE. 

Going Long Podcast Episode 260: The Importance of Having a Tax Professional on Your Long Distance Investing Team

( To see the Video Version of today’s conversation just CLICK HERE. )

In the conversation with today’s guest, Larry Pendleton you’ll learn the following:

 

  • [00:35 - 03:30] Show introduction with comments from Billy.
  • [03:30 - 08:03] Guest introduction and first questions.
  • [08:03 - 16:38] The backstory and decisions made that led Larry to this point in his journey.
  • [16:38 - 24:39] What Larry means when he says it’s “the Game” when it comes to accounting and Tax, and how you can know the rules and play this game right!
  • [24:39 - 30:43] Larry explains the difference between someone who files your taxes and someone who helps you with your tax planning, and why having one of these individuals on your investing team will be of real benefit.
  • [30:43 - 34:40] Some of the things you should consider from a Tax perspective when looking to invest out of State or to invest long distance in general.
  • [34:40 - 40:50] The questions that you need to ask to work out whether a Tax professional is going to be a good fit for you in regards to getting you to the place you want to be in the future. 

Here’s what Larry shared with us during today’s conversation: 

 

  • Where in the world Larry is based currently: Norfolk, Virginia.
  • The most positive thing to happen in the past 24 hours: Larry had a deep and reaffirming conversation with his wife which they both really got a lot from!
  • Favourite place in Europe: Florence, Italy.
  • A mistake that Larry would like you to learn from so that you don’t have to pay full price: Make sure to truly focus on your strengths! Don’t personally take on things that are not your forte. 
  • Book Recommendations: Who Not How, by Dan Sullivan https://www.amazon.com/Who-Not-How-Accelerating-Teamwork-ebook/dp/B0867ZJ151 

 

Be sure to reach out and connect with Larry Pendleton by using the info below:  

 

 

 

To see the Video Version of today’s conversation just CLICK HERE.

 

How to leave a review for The Going Long Podcast: https://youtu.be/qfRqLVcf8UI  

 

Start taking action TODAY so that you can gain more Education and Control over your financial life.

 

Are you an Accredited Investor that’s tired of getting crushed by paying so much in income tax? Find out how we’re helping others like you keep Uncle Sam out of your pocket. Go to https://www.firstgencp.com/goinglong

 

Be sure to connect with Billy!  He’s made it easy for you to do…Just go to any of these sites: