By Garrett Sutton,Robert Kiyosaki - foreword Ð 0 Read & DownloadCs covered in this book area the basics of asset depreciation including sing cost segregation to "maximize passive loss b overview of 1031 exchanges and the basics of how to se "passive loss b overview of 1031 exchanges and the basics of how to se implement them c concepts of property management d how to hold real estate including a devastating indictment of land trusts and the scam management d how to hold real estate including a devastating indictment of land trusts and the scam who promote them as a form of asset protection e how to structure your real estate holdings including how to se corporations limited liability companies and limited partnerships including the different tax classifications of same eg S corp versus disregarded entity f how to layer your protective countermeasures sing insurance debt encumbrances your state s homestead exemption and euity stripping g the different ways to hold title to real estate eg the differences between tenancy in common and joint tenancy h The different types of conveyances eg grant warranty deeds versus The Very First Christmas Stocking the Gifts of the 7 Coins uit claim deeds and their legal implications i the double negative problem of investing in real estatesing a Traditional or SimpleSEP IRA and how to se a self directed Roth IRA to invest in real estate if you choose to do so andj how to protect
YOUR PERSONAL RESIDENCE FROM CREDITORS INCLUDINGpersonal residence from creditors including proper se of your state s homestead exemption LLCs and debt encumbranceSutton s true brilliance is in how he crystallizes difficult complex subjects into bite size morsels that are easily consumed and digested by non lawyers and non real estate professionals The Audible version of this book is narrated by Sutton himself in a folksy conversational tone which you can hardly tell is a narration at all Listening to the au. Ire and benefit from real estate investments The audiobook clearly identifies how these loopholes can be sed together to maximize your income and protect yo. I had borrowed this book from my library but
TOOK SO MANY NOTES AS Iso many notes as I it before "having to return it only to have to wait another 30 days before I could "to return it "only to have to wait another 30 days before I could it again for review So I "to have to wait another 30 days before I could it again for review So I it Of the 8 real estate investment books I read over the summer this one was by far the most informative I am an attorney in private practice and have many clients who fancy themselves real estate professionals Very few of them whether they own many properties or only a few truly know and nderstand how to maximize the tax and legal advantages of real estate I intend to recommend this book to all of my clients and colleagues who either already engage in or express a desire in real estate investingGarrett Sutton s book Loopholes of Real Estate is the best and most comprehensive book that I know of to frame a person s perspective of real estate investment through the lenses of tax minimization asset protection and cash flow maximization Mr Sutton formerly a real estate broker himself and currently a real estate investor and attorney brings real life experience the law and the professional knowledge of some of Robert Kiyosaki s greatest Rich Dad Advisors to bear in this outstanding work This book is a survey of real estate law and investing concepts that is an absolute steal as a mass market product The information in this book is sold for hundreds if not thousands of dollars in other media such as seminars academic courses and professional booksSutton covers a myriad of topics with an overall emphasis on tax minimization and keeping your investments out of the reach of ambulance chasing attorneys Among the topi. Loopholes of Real Estate is for the first time as well as seasoned investors It reveals the legal and tax strategies sed by the rich for generations to acu. .
Diobook often made me feel as if I was sitting in chair in Sutton s law "OFFICE HAVING A PERSONAL CONVERSATION WITH HIM ABOUT HOW "having A PERSONAL CONVERSATION WITH HIM HOW personal conversation with him how my real estate investment objectives It is an absolutely brilliant productionThere are many other topics covered in this book which you will find helpful and enlightening Throughout the book Sutton ses the case study method A Fearless Heart : Why Compassion is the Key to Greater Wellbeing used in law schools and business schools to bring to life the reasons why proper asset protection planning and tax strategies can both maximize your income minimize your tax liabilities and protect your investmentsIn closing I can t recommend this book highly for anybody in any way connected with real estate This should be the first thing you read about real estate investing and Sutton provides numerous references for in depth discussions of certain topics I recommend purchasing the Audible version and listening to it in the car doing the dishes and performing other chores and then either owning the physical book or Kindle edition as a desktop reference Rich Dad has once again hit a home Great book for learning about real estate For those who have become familiar with Robert Kiyosaki he has outsourced much of anything he might know about i A local real estate club host interviews the author Garret Sutton on a radio show This book is mentioned in the interview I am hooked by the title of Loopholes of Real Estate as I am active in learning tricks for tax saving So I go ahead and get a kindle version After reading the whole book I realize this book does not offer me any new tricks in saving tax from my real estate portfoliodon t get me wrong this. Ur investments Written in easy tonderstand language this audiobook demystifies the legal and tax aspect of investing with easy to follow real life examples.
By Garrett Sutton,Robert Kiyosaki - foreword