fbpx

HOW TO MAKE YOUR JOB OPTIONAL”

Masterclass on January 22!

 What if you could enjoy a doctor’s lifestyle without depending on your clinical paychecks?

HOW TO MAKE YOUR JOB OPTIONAL”

Masterclass on January 22!

 What if you could enjoy a doctor’s lifestyle without depending on your clinical paychecks?

Accelerating Wealth Is Now open!

Don’t miss out! Grab this golden opportunity to enroll in Accelerating Wealth.  Enrollment ends December 8th.

Days
Hours
Minutes
Seconds

Zero to Freedom is Now Open!

Don’t miss out! Grab this golden opportunity to enroll in Zero to Freedom. Enrollment ends January 30th. 

Days
Hours
Minutes
Seconds

Zero to Freedom is Now Open!

Don’t miss out! Grab this golden opportunity to join the Spring 2024 Zero to Freedom course!

Category: Real Estate Education

What Activities Count as Material Participation for a Long-Term Rental

[Disclaimer: We are not accountants, lawyers or financial advisors, so please consult your own team of professionals about the topics covered in this article.]   [Disclosure: This article contains affiliate links. If you purchase via our link, we will receive a small commission at no additional cost to you.]   If you want to learn how to lower your taxes and in some cases, pay ZERO Federal income taxes like we did for seven years in a row, then you’re going to need to learn about material participation. If you’re not familiar with these tax benefits, then you’re going to want to learn about real estate professional status or the short-term rental tax loophole.   So what is material participation? And for more advanced investors, what Whether you’re a new investor or an experienced one, one area where you’re probably not feeling so confident about is, what counts as material participation hours?    But before we dive into the activities that count as material participation, let’s go back and cover some of the basics.   What is material participation? Material participation is a set of criteria or tests used by the IRS to determine if a business activity is active

Read More »

Should I Put My Rental Property into a Trust or LLC?

For many of the doctors and high-income earners who are venturing into real estate investing for the first time, the topic of asset protection is top of mind. It makes sense, they earn a lot and they often have a lot of assets outside of real estate. They may even have had past experience with lawsuits or have been the target of a scam.   

Read More »

How to track hours for Real Estate Professional Status

For doctors and high-income professionals diving into real estate investing, achieving Real Estate Professional Status (REPS) is one of the only ways to significantly lower your income taxes and in some cases, completely eliminate it (like we did for 7 years in a row). However, claiming this benefit requires you to carefully navigate the complexities of qualifying for this status. A big part of this complexity involves meticulous tracking of hours spent on real estate activities. Why? Because qualifying for REPS is all about the hours.   

Read More »

Understanding Triple Net Leases and Their Benefits

Summary: Are you familiar with the term “triple net lease”? In this arrangement, tenants not only pay rent but also shoulder real estate taxes, building insurance, and maintenance. By transferring more operational costs from landlords to tenants, it ensures landlords a steadier income stream and reduced responsibilities. This can sometimes significantly enhance your bottom line!  

Read More »

Using FHA Loans to Buy Rental Properties

You may have heard of using Federal Housing Administration (FHA) loans for buying a primary residence, but did you know that savvy investors are also using these loans to buy rental properties? In this article, you’ll learn about the FHA loan program, their requirements, down payment expectations, eligibility for construction loans, their suitability for rental properties, and their potential for house hacking.    

Read More »

Harnessing the Power of Seller Financing in Real Estate Investment

Summary: Seller financing offers a unique advantage in real estate by allowing personalized loan terms, unlike traditional lenders who operate with fixed rules and rates. This method provides flexibility in areas such as interest rate negotiations, resulting in potential savings for the buyer. Apart from interest, buyers can also negotiate loan durations or even down payment amounts to fit their financial situation. Furthermore, seller financing can lead to reduced closing costs, as it often bypasses several fees associated with traditional loans. Overall, seller financing can enhance profitability and cash flow in real estate deals by offering more adaptable loan agreements. [Disclaimer: We are not accountants, lawyers, or financial advisors, so please consult your own team of professionals about the topics covered in this article.]   In the world of real estate investing, understanding diverse financing strategies can open doors to profitable opportunities. One such often overlooked yet highly potent strategy is seller financing. Whether you’re an experienced investor or a newcomer to the field, seller financing can add a valuable tool to your investment toolkit. What is Seller Financing? Seller financing, also known as owner financing, is an alternative financing method where the seller of a property acts as the

Read More »

Syndication Capital Calls: What’s Missing From the Conservation

In this Doctors Building Wealth podcast episode, Kenji and Leti tackle the critical topic of syndication capital calls and their impact on real estate, spotlighting a recent event where a Houston multifamily syndicator faced foreclosure on 3,200 units. This scenario highlights the unpredictable nature of real estate investing and the importance of being prepared for sudden market changes. Kenji and Leti discuss the increasing frequency of capital calls and caution against the current market’s instability, especially with high interest rates. As they note, you’ll find an abundance of advice from inexperienced investors, but rarely from those who have weathered previous downturns. Drawing from their own experiences and historical market crises, like the 2008 financial crisis and the onset of COVID-19, they emphasize the value of humility and learning from both successes and failures. Tune into this pivotal episode, and let Leti and Kenji’s practical wisdom, hard-earned lessons, and strategies for resilience guide your next investment move—and equip you for the opportunities and unpredictable journey ahead in real estate! Listen Now:  Have someone who you think should be featured in a future episode? Comment and let us know on our socials! Also, don’t forget to share and leave us a

Read More »

Why You Must Hire a Licensed and Bonded Contractor

Summary: Are you about to dive into a renovation project and in the middle of evaluating contractors? If so, you might have come across the question, is it OK to hire a contractor who isn’t licensed and bonded? This is an important question that you must get right if you are to protect your investment. Because getting it wrong could mean significantly higher construction costs and killing your cashflow.

Read More »

Explore

GET STARTED

search