Challenging the Concept of Traditional Retirement (A Wild Story)
I live in a baseline state of retirement, and I come out of retirement for great opportunities. You don't need to work 40 hours a week for 40+ years to earn your freedom. Find ways to generate #passiveincome and choose to live in an intermittent state of retirement.
Two Years Building Out a Van: What I Learned About Business and Life
Five years ago, my girlfriend Hana Morrison and I began planning our dream to leave Los Angeles and travel throughout North America in a self-converted van. In September of 2020, we finally pulled the trigger on #vanlife and purchased an empty Mercedes-Benz Sprinter cargo van that we found on Facebook Marketplace.
Why I’m Buying $100M of Apartments
The Fed is expected to continue raising rates. However, this is a response to out of control inflation. While inflation is high, property values are likely to continue increasing. Combined with a massive shortage of housing, the search for yield, and a volatile stock market, multifamily real estate is very attractive and may weather a recessionary period the best.
What is Multifamily Real Estate Syndication
Multifamily real estate syndication can be a great way for new investors to get started in the world of real estate investing. By pooling your money with other investors, you can access larger, multifamily properties and take advantage of the potential for passive income, diversification, and professional management.
Comparing Multifamily Real Estate Syndication to Other Investment Types
While multifamily real estate syndication does come with its own set of risks, it generally offers a more stable and predictable investment opportunity compared to other options like stocks, bonds, mutual funds, precious metals, and cryptocurrency. By investing in a multifamily property, you can take advantage of the steady stream of rental income and the potential for capital appreciation, while also enjoying the benefits of professional management and diversification.
The Tax Benefits of Being a Limited Partner in a Multifamily Real Estate Syndication
Being a limited partner in a multifamily real estate syndication can offer a number of tax benefits that can help you maximize your return on investment. By claiming depreciation, taking advantage of passive loss carryforwards, completing a 1031 exchange, and potentially claiming depletion, you can reduce your overall tax liability and keep more of your profits.