Show Notes
In this episode, get an overview of the strategies on how to minimize your tax liability primarily on interest income as Thomas Castelli, a tax strategist for The Real Estate CPA, talks about tax planning for commercial note investors. Learn how interest is taxed and how being in the note business impacts your tax situation. Thomas shares standard tax mitigation strategies that everyone can implement on their own effortlessly, as well as advanced mitigation strategies applicable to more specific situations. He also dives into why having a home office and employing your kids are great opportunities you need to apply.
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A big part of the American Dream is freedom, and that doesn’t shy away from financial freedom, which isn’t only an American dream, but everyone else’s. Real estate is a big industry that can provide you with the freedom that you need, given that you make yourself fundable by avoiding fatal funding mistakes. Coach, Speaker, and Strategy Expert, Brad Burnett, crams eight of these mistakes that even veteran investors make. He provides different situations and scenarios that you should keep an eye out for to maintain and, better yet, increase your fundability. Brad also shares strategies on how to flip these mistakes to your advantage and touches on the funding formula they offer to work the system.
Ever felt like real estate, especially single-family properties, is too taxing a job with little return? That’s exactly why Garrison Gilbert prefers investing in commercial and multifamily properties. Garrison dived headfirst into the real estate industry at the age of 22 and has not known any other job since. He moved to Baltimore, Maryland after college with a goal of buying real estate and figuring out how to creatively turn properties into profitable investments. He went on to become the Managing Partner at InvestProPartners.com with his experience in buying, selling and managing over 1,200 both residential & commercial real estate properties through creative deal structuring, project management, and property management. In this episode, Garrison gives emphasis on why multifamily properties are ideal and how important it is to surround yourself with a team of like-minded individuals. He is a huge believer in karma and having a win-win mindset for everyone on his team.
Many of us can agree that the perfect strategy for ensuring a successful investment isn’t just one simple method. It’s usually comprised of different complex, creative, and unique tactics, merged into one final approach to provide you with the best results possible. Senior Vice President of CBRE, Yakhin Israel, takes the time to talk about the different strategies from different situations that has shown promising results–which he witnessed from all the years he’s been in the business. Learn about how building the right relationships can be a gamechanger in any asset type you might be tackling. In this episode, he also covers where the future of real estate is headed with the current generation steering the wheel.
History has shown again and again that the higher you climb, the harder you fall. This may not always be the case in life, but in the corporate world, setting up a corporate veil protection has and always will be a good practice. CEO of Laughlin Associates, Aaron Scott Young, discusses the similarities of corporate and real estate. He reiterates the importance of protecting yourself and being prepared as business owners. Aaron also emphasizes why the law should be followed and that it’s in place for your safety. He further shares the different services his team provides to ensure that you are well guarded and can run your business at ease without ever having to think about your corporate veil being pierced.
A lot of people want to get into note investing and real estate in general but lack the resources to do so. The good news is, thanks to technology, more information on deals and lenders are starting to be accessible for the masses. In this episode, host Scott Carson takes the wheel and shares the tools that he personally uses when looking to be financed or hunting for assets to buy. He guides us step by step on how to utilize these resources so you can get the most out of them. Scott also speaks the truth about taking action and making excuses that most people don’t want to hear.