How Real Estate Investors Get & Stay Rich

[UltimateBargains]

IRC 1031 exchange requires holding the rental property for rental income for at least one year plus one day. Else, you are stuck with short term capital gains tax (about 35% of profit at this moment). If you get tagged by the fed or state as a dealer, then you'll *always* pay short term capital gains regardless of how long you held the property. Fix-and-sell in one LLC. Fix-and-rent in another LLC to separate your activities for the best tax treatment.

[CashBackAtEbay]

Succinct and valuable information on Real Estate: buying investment property is a mathematical decision, get there in increments. I'm a new fan! Thanks too for the information about a 10/31 exchange. I'll look into that. Again, BRAVO!!!!

[MTRBWR]

Wow, if someone had put this info online years ago, many people would be richer. Thank you for your time once again.

[bwoeller]

Good stuff!

If real estate investors give you their money to make them more money...I'm in!

This is good advice you just don't get from other agents.

Thanks for taking the time doing these videos,

Keep 'em coming!

[Capreece25]

Good advice. I will pass it along. Thank you Thank you Thank you Thank you. John I just want you to know that your real estate knowledge is by far the best I have ever seen.

Good...Good...Good... Thanks again!

[Capreece25]

THANK YOU FOR THE INFO