Why Most Real Estate Investors Fail (And How You Can Succeed)
Protect Your Wealth
Join John Skabelund as he explores the importance of hiring a property manager for your real estate investments with his guest, owner of RINCON Management, Peter McKenzie. Peter's journey into real estate began not from a corporate office, but through personal experience as a property investor. Frustrated by the challenges of self-managing his rentals, he founded Rincon Property Management in 2014. Show Notes: 00:00 -Intro. 01:22 -Most Common Mistakes Real Estate Investors Make 11:45 -Why Clients Should Hire a Property Manager 16:06 -What Makes a Good Property Manager & Knowing When...
info_outline
Reduce Your Income Taxes Now with Real Estate
Protect Your Wealth
In this episode, learn real estate tax strategies including for W-2 workers, gain entity structuring tips from the professionals to share with your CPA, and explore the many ways you can proactively take advantage of these benefits now. CPA and real estate tax expert, Justin Jensen, joins John to discuss how you can reduce your income taxes now with real estate -and increase your wealth and legacy in the future.
info_outline
You Need To Know THIS Before Investing in Real Estate
Protect Your Wealth
Join John Skabelund as he explores cost segregation studies, accelerated depreciation, tax benefits, and what you need to know before you begin your real estate journey with his guest, Joseph Viery. As a Cost Segregation Professional, CSP, Joseph has helped property owners defer or eliminate millions of dollars in income taxes by leveraging IRS compliant cost segregation studies. In this episode, learn how you can avoid making common mistakes, gain insight on real estate investing and appraisals, and how you can begin taking advantage of these benefits now. SHOW NOTES: 00:00 -Intro. 03:43...
info_outlineJoin John Skabelund as he explores cost segregation studies, accelerated depreciation, tax benefits, and what you need to know before you begin your real estate journey with his guest, Joseph Viery. As a Cost Segregation Professional, CSP, Joseph has helped property owners defer or eliminate millions of dollars in income taxes by leveraging IRS compliant cost segregation studies. In this episode, learn how you can avoid making common mistakes, gain insight on real estate investing and appraisals, and how you can begin taking advantage of these benefits now.
SHOW NOTES:
00:00 -Intro.
03:43 -Understand the Basics of Tax Strategies & Depreciation
07:34 -Common Components in a Cost Segregation Study & Their Depreciation Life Spans
12:33 -Cost Segregation Example15:06 -Bonus Depreciation
21:24 -How much does a Cost Seg cost?
24:45 -Is a Cost Seg worth it for me?