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STR 6 - 1031 Exchanges, Estate Taxes, and a California Exodus with Garrett Sutton, Esq

STR 6 - 1031 Exchanges, Estate Taxes, and a California Exodus with Garrett Sutton, Esq

FromThe Short Term Rental Profits Show


STR 6 - 1031 Exchanges, Estate Taxes, and a California Exodus with Garrett Sutton, Esq

FromThe Short Term Rental Profits Show

ratings:
Length:
34 minutes
Released:
Nov 15, 2017
Format:
Podcast episode

Description

Business conscious people are leaving California in droves. Expert, Author, Attorney, Speaker and Advisor, Garrett Sutton shares his insight as to possible reasons for the mass exodus. He also describes the latest changes to IRS rules regarding LLCs and LPs, how income property investors can protect themselves from internal and external threats and how property holders can avoid large transfer taxes by utilizing a 1031 Exchange. Garrett will be speaking during the upcoming Meet the Masters of Income Property in January 2018. Key Takeaways: [2:10] California’s LLC, Estate, and Transfer Tax grabs. [8:03] Hey California! A 1031 Exchange is supposed to be tax-free. [13:25] New IRS rules for auditing LLCs and LP’s. [18:43] The importance of choosing the right state to form and hold your LLC. [27:15] Garrett Sutton explains the internal and the external attacks on LLCs. Website: Meet the Masters of Income Property Event Corporate Direct - 1-800-600-1760
Released:
Nov 15, 2017
Format:
Podcast episode

Titles in the series (79)

Navigate the rapid rise of short term real estate investment properties with the SHORT TERM RENTAL PROFITS podcast. Airbnb and VRBO have created new opportunities for savvy income property investors to increase cash flow and maximize ROI. Listen to SHORT TERM RENTAL PROFITS and learn how to identify the best markets to invest in as each city offers unique ratios of risk and profitability. Learn how property managers can simplify the experience for investors and how you can leverage dynamic pricing to maximize revenues as seasonal demand varies throughout the year. Listen and learn how to market and advertise your property using the latest tools and learn the key differences between short term rental and residential rental strategies. Do you want to increase positive cash flow today while tapping into the short term rental market of tomorrow? Listen to the SHORT TERM RENTAL PROFITS podcast and learn key tips on how to select, purchase, and market your property. Your family’s financial freedom is just one podcast away, listen to SHORT TERM RENTAL PROFITS today.