Make More Money and Pay Less Tax – One of the Best Tools for Real Estate Investors

The Real Estate Guys Radio Show - Real Estate Investing Education for Effective Action

The Real Estate Guys

Robertkiyosaki, Realestateinvestors, Realestateguys, Realestateinvesting, Syndication, Investors, Richdad, Realestateguysradio, Business, Investing, Realestate

4.7 • 696 Ratings

🗓️ 27 May 2024

⏱️ 67 minutes

🔗️ Recording | iTunes | RSS

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Summary

While investment philosophies differ, most investors share a common goal … Acquiring more properties and increasing profits. So instead of letting taxes erode earnings and stunt portfolio growth, savvy investors opt to tap into the power of the tax code. In this episode, we shine a light on one particularly tax-saving tool that allows investors to swap one property for another and defer taxes. This powerful strategy can help investors leverage dollars that would otherwise be spent on taxes, but because it only works if complex rules and timelines outlined by the IRS are met, professional guidance is recommended. Tune in as we explore the 1031 Tax Deferred Exchange with Scott Saunders, an investor and Qualified Intermediary who has successfully overseen more than 200,000 of these transactions. And don’t miss an insightful update on the world of Residential Assisted Living with Isabelle Guarino in today’s Market Spotlight! Visit our Special Reports Library under Resources at RealEstateGuysRadio.com.

Transcript

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0:00.0	Welcome to the Real Estate Guys radio program.
0:04.3	I'm your host, Robert Helms.
0:05.9	As a real estate investor, your mission is to compile an awesome portfolio of property.
0:11.8	Today we're going to share a way to make more money and pay less in tax.
0:15.7	That's completely legal.
0:17.4	It's one of the best tax tools for real estate investors, and we've got a great guest
0:21.6	on the Real Estate Guys radio program.
0:27.6	All aboard, it's last call for the Real Estate Guys' 22nd annual Investor Summit at Sea.
0:34.3	This one-of-a-kind event is nearly sold out, so grab your spot now.
0:38.5	Joining us this year is the Rebel Capitalist George Gammon, sales legend best-selling author
0:43.6	Tom Hopkins, CPA Tom Wheelwright, and Canon DeNeil McElroy. Plus, Anton Matley, Maricio Raoul,
0:51.1	Beth Clifford, Brad Sumrock, and joining us for his 11th Investor
0:54.9	Summit, Peter Schiff.
0:57.1	It all begins June 13th in Fort Lauderdale, Florida.
1:00.3	Visit Investor Summit at C.com to get all the details and reserve your spot now.
1:05.7	And we still have room for a few young adults, ages 18 to 25 at a very special rate, go to Investorsummitatsy.com
1:13.5	and make plans to spend time with the Real Estate Guys, Ken McElroy, Peter Schiff, and an
1:18.8	all-star faculty on the 22nd annual Investors Summit at Sea.
1:46.2	Welcome to the Real Estate Guys radio program. I'm your host, Robert Helms, getting ready for summer around the Real Estate Guys studios, lots going on. We've got some great interviews coming up. Today, we're going to talk about one of the best tools there is for real estate investors to both make more money and pay less tax.
1:50.7	Now, ironically, this is something that we haven't talked about in many, many years.
1:54.5	It's an important provision of the Internal Revenue Code.
1:59.6	Now, before you tune away and think, oh no, we're going to talk taxes again, this is maybe the most exciting part about taxes when it comes to real estate.
	...

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