In this episode of the Clarified Realty Podcast, we're talking Real Estate with Ani Galyan, a CPA and an attorney, with a specialization in the tax and legal aspects of foreign investment in Real Estate. We discuss things Americans need to watch out for when buying real estate overseas -- and what non-Americans need to watch out for when buying real estate here in the U.S. We also discuss how the EB-5 program was used to encourage investment by offering green cards in return for purchasing real estate.
We're speaking with Richard Hershey of WeReduceTaxes(dot)com, an expert in 1031 exchanges and their alternatives. We discuss 1031 exchanges in an easy-to-understand way -- and how they help sellers defer the payment of capital gains taxes. However, because of the lack of inventory in today's market, there is a lack of viable properties to exchange. Instead, his company has another alternative -- a "Deferred Sales Trust." He let's us know in detail how the trust works and how it can be another option.
It's the day after July 4th and we're back with a BANG! (Get it? A BANG? You know? Fireworks? Oh, nevermind...)
When we first started The Clarified Realty Podcast, we promised that we would be learning right alongside all of you. This episode is definitely no exception. We're talking with Cheryl Courtney of Polycomp Administrative Services who has over 20 years of retirement planning experience.
Cheryl starts off by talking to us about her role as a Third Party Administrator and what that has to do with Real Estate in general. She explains to us how someone can own Real Estate as part of a retirement account and what other financial vehicles can be used to house Real Estate investments. She gives an introduction to REITs (Real Estate Investment Trusts), which are a lot like mutual funds for properties -- as well as what their pros and cons can be. We talk briefly about how someone can borrow (briefly) from their 401K in order to purchase a home and we wrap up with a discussion about how business owners who are used to spending all their money to re-invest in their companies can structure their 401k plans to put away large sums of retirement in a shorter period time when they need to.
I'm not ashamed to admit that I learned a lot during this episode and I'm pretty certain that if I did -- you will, too. Please give it a listen and let us know what you thought. And, as always, we'd always appreciate if you'd take a moment and give us a review on iTunes!
We've reached episode 20 -- and we've got a special treat for you. Today our guest is David Duley, the co-host of The Controversial Truth Podcast and author of the book, "I Can Fix America: 52 common sense ways YOU can make the United States great again." Not only is David a serial entrepreneur, inventor, and businessman, but he is also a very successful real estate investor. On this episode, David takes us through how he got started investing in real estate, how he overcomes the "fear" of being a Landlord, and the economics of buying rental property in today's market. He has incredible advice for anyone just getting into buying their first rental and a fantastic strategy for how take advantage of the next down market. It's an episode chock-full with great information and advice. Please let us know what you think in the comments!