It always amazes me how many real estate investors are still doing their own year-end taxes, or they’re working with a tax preparer who doesn’t specialize in real estate.
While hiring an expert to do your taxes can be expensive, it’s much preferable to the alternative, which is not maximizing the powerful tax benefits you receive from investing in real estate.
My guest today is a profit first accountant who has saved her clients over $1 billion in taxes.
Shauna The Tax Goddess is going to share the top tax saving strategies for real estate investors. We’ll be discussing cost segregation, real estate professional status, and the differences between short-term rental and long-term rental taxation.
Shauna is also going to share some strategies that many investors aren’t even aware of, such as paying your children, renting out your personal residence for less than 14 days tax-free, and writing off your dog.
Find out more:
Phone number: 602-357-3275
To book a call, here is the link to the growth team: taxgoddess.com/growth-team
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https://www.livegreenlocal.com
And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits.
As a real estate investor you may have noticed that it has gotten a lot more difficult to acquire financing for your projects. That’s why it’s so important to build your lender relationships. Often, it is these relationships that will help you find creative and workable solutions for sourcing and maintaining your loans.
Today, I’m thrilled to speak with Bobby Fisher, who has helped me source many of my loans under some challenging circumstances.
Bobby is a top West Michigan area commercial loan producer and has expansive experience in commercial real estate and commercial real estate development lending. He’s also the Vice President of Commercial Loans at West Shore Bank.
Today we discuss how lenders perceive investment opportunities, why it’s so important to cultivate your lender relationships early, and the importance of creativity in structuring a loan.
Find out more:
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https://www.livegreenlocal.com
And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits.
This apartment investing panel discussion was recorded live at the 2024 Midwest Real Estate Investor Conference sponsored by the RPOA.
Thanks for joining us today on this apartment investing panel discussion where we will be exploring the unique challenges and opportunities associated with multifamily and apartment investing.
You’ll be hearing from three panelists who own, operate and asset manage apartments, and we’ll be offering practical insights on maximizing returns, managing risks, and scaling your portfolio effectively.
Now, let’s meet our panel.
Anthony Chara is a seasoned real estate investor with over 22 years of experience. He has owned or managed several successful multi-million dollar companies during that period, and owns and/or has syndicated approximately 1,600 apartment units around the country. He has also mentored several thousand aspiring real estate investors.
Nick Wyma is the Director of Property Management with Wyma Properties and Lakeside Real Estate Services, which owns and manages over 250 doors.
He’s been investing for 12 years in B-class apartment communities, single-family homes, and commercial buildings. Multifamily is hands-down his favorite asset class.
Nick is also a 3rd generation RPOA member and the current RPOA President.
Allison Koetsier is an Associate Broker with Compass Realty Services and has been a real estate owner and investor for over 20 years.
She owns just under 100 B & C class units including single families, small multi's and smaller apartment complexes.
Allison is also the #1 seller of multifamily properties as a realtor in greater Grand Rapids over the past 15 years.
There seems to be a lot of fear in the commercial real estate world about the amount of distress in commercial office buildings. In San Francisco, a Market Street tower that was purchased for $62 million in 2016 was recently sold for $6.6 million. That’s a 90% haircut!
But where many see distress and ruin, my guest today sees opportunity.
Scott Sherman of Torose Equities is actively acquiring office buildings and retail spaces at a time when many are hesitant to do so.
Scott is here today to discuss his strategy for identifying, buying and financing distressed trophy assets in the office and retail space in high-entry barrier markets such as Miami, Tampa, and other US cities.
Find out more:
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https://www.livegreenlocal.com
And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits.