meta_pixel
Tapesearch Logo
Creative Capital

Creative Capital Podcast 251: Real Estate Professional Tax Savings

Creative Capital

Josh Ferrari

Investing, Business

51.1K Ratings

🗓️ 28 March 2023

⏱️ 12 minutes

🧾️ Download transcript

Summary

Welcome back to this week's No Limit Minute! This week we are talking about real estate professionals, what that title actually means, and what kind of tax savings that become possible when you are a real estate professonal.
How to connect with Josh:
Ferrari Capital - https://ferraricapital.com/

Creative Capital is made possible in part by our sponsors.
InvestNext is a comprehensive, instititutional grade software solution for real estate syndications that allows you to effectively and efficiently manage all phases of your real estate venture. To get started, visit https://www.investnext.com/ and use code Creative Capital for 25% off your first three months.

Transcript

Click on a timestamp to play from that location

0:00.0

Hey, welcome back everybody to this week's segment of the no limit minute.

0:09.0

Now today what we're going to be discussing is something that is very commonly misrepresented or misconstrued or just misunderstood in the real estate investing business.

0:25.5

And that is what a real estate professional actually is.

0:32.0

And what I mean by that is not just my personal definition of like, Hey, you're a real estate professional because you're full time.

0:39.0

That's not what we're talking about.

0:40.5

We are talking about the tax incentives of what a real estate professional really are.

0:48.0

What they what those really equate to how you can achieve those and what are the loopholes, the boundaries, the things that you have to actually work within to be able to utilize the benefit of becoming a real estate professional.

1:06.0

And now let's take a quick break for our show sponsor.

1:13.0

We all know that collecting investor commitments processing distributions, finalizing essential documents and communicating with your investors can be a time consuming and prone to errors when using manual methods like Excel spreadsheets and emails.

1:30.0

So what's the solution right invest next is a comprehensive institutional grade software solution for real estate syndications that enables you to effectively manage all phases of real estate venture with key management features like fundraise automation, secure ACH transfers, waterfall distributions and capital stack management.

1:52.0

Ultimately putting you in control of managing your entire investor experience. Now prior to adopting invest next our team at Ferrari capital face difficulties and effectively executing many different tasks.

2:06.0

We encountered issues such as misplacement of emails, confusion and processing preferred distributions for getting waterfall calculations and honestly just an overall subpar experience for our investors.

2:19.0

However, since adopting invest next we've achieved a higher level of efficiency and organization in our processes resulting in a faster pace of really closing deals and being able to scale more over with the ease of their platform we've shifted our focus back to our core competencies which are raising capital and managing deals.

2:40.0

So the key features that our team loves the most about invest next is there a one million dollar single ACH transaction capabilities so you can forgo the days of calling all of your investors to confirm wires their waterfall distribution automations which will all which will do all of the work for you.

2:58.0

I'm to submit those distributions their ability to raise for multiple different equity and debt classes in one deal and the ability for all of my investors to log into their accounts at any time.

3:08.0

Anywhere and see real time updates and the progress of their investments so to learn more about invest next and to begin adopting them into your business.

3:19.0

Next next dot com that's I N V E ST N E X T dot com book a demo with them and then simply mention promo code creative capital for 25% off your first three months.

3:35.0

And again that's promo code creative capital or 25% off your first three months so jumping right in if you're a passive investor.

3:46.0

And you really want to invest in a deal and you are a I don't know say you're a multifamily broker listen to the show right now.

3:56.0

And you want to get more active in the business you really want to become your own you know your own sponsor get into multifamily get into single family get into whatever days you want to get into but you want to own your own portfolio.

4:08.0

And since you're a multifamily broker right now your commercial broker you make some good money and you're already full time in the real estate business.

4:18.0

So because you're full time in the real estate business because you work at least 750 hours in real estate every year.

...

Transcript will be available on the free plan in -730 days. Upgrade to see the full transcript now.

Disclaimer: The podcast and artwork embedded on this page are from Josh Ferrari, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Josh Ferrari and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.