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166: Your Biggest Tax Change in Decades with Rich Dad Advisor Tom Wheelwright

166: Your Biggest Tax Change in Decades with Rich Dad Advisor Tom Wheelwright

FromGet Rich Education


166: Your Biggest Tax Change in Decades with Rich Dad Advisor Tom Wheelwright

FromGet Rich Education

ratings:
Length:
37 minutes
Released:
Jun 27, 2018
Format:
Podcast episode

Description

#166: Changes to the 1031 Tax-Deferred Exchange, 27.5 year tax depreciation, the Estate Tax and more are coming. It will affect you as an investor. Rich Dad Advisor Tom Wheelwright is back with us. He details the winners and losers expected from the most sweeping tax reform that the U.S. is set to experience since 1986. First, Keith discusses 6.2% national real estate appreciation, and different ways to think about real estate diversification. Individual tax benefits are going away. Business tax benefits are increasing. Want more wealth? 1)    Grab my free E-book and Newsletter at: GetRichEducation.com/Book 2)    Actionable turnkey real estate investing opportunity: GREturnkey.com 3)    Read my new, best-selling paperback: getbook.at/7moneymyths Listen to this week’s show and learn: 01:08  Housing prices are up 6.2% year-over-year per Case-Shiller. 03:00  Diversification. 05:18  New construction turnkeys through GREturnkey.com. 09:13  Tom Wheelwright interview begins. 15:12  Depreciation durations are changing to 25 years for both residential and commercial. 15:50  1031 Tax-Deferred Exchange changes to the personal property portion. 18:37  Later, there will be individual tax rate changes. 22:35  More on 1031 Tax-Deferred Exchanges. 23:32  Estate Tax. 27:42  These are the greatest tax changes since 1986. 28:23  Limitation on offsetting your taxable gains with losses. 30:39  I review the basics of tax depreciation on income property. Resources Mentioned: Tax Free Wealth Advisor | 866-467-5809 Case-Shiller Housing Price Index latest RidgeLendingGroup.com Valhalla Wealth GREturnkey.com GetRichEducation.com
Released:
Jun 27, 2018
Format:
Podcast episode

Titles in the series (100)

This show has created more financial freedom for busy people like you than nearly any show in the world. Wealthy people's money either starts out or ends up in real estate. But you can't lose your time. Without being a landlord or flipper, you learn about strategic passive real estate investing to create wealth for yourself. I'm Show Host Keith Weinhold. I also serve on the Forbes Real Estate Council and write for Forbes. I serve you ACTIONABLE content for cash flow on a platter. Our bottom line in real estate investing together is: “What’s your Return On Time?” Where traditional personal finance merely helps you avoid losing, you learn how to WIN. Why live below your means when you can expand your means? Since 2002, international real estate investor Keith Weinhold owns multifamily apartment buildings to single family homes to agricultural real estate. New episodes are delivered every Monday.