Author: Jeff Anzalone
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1031 Exchange Rules: What Real Estate Investors Must Know
1031 Exchange Rules: What Real Estate Investors Must Know Are you a high-income professional looking for ways to lower your taxes? The 1031 exchange is one of the best ways to save money on taxes, as it allows investors to sell, exchange properties, reinvest the proceeds, and avoid paying taxes on the profit until later.…
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The Millionaire Fastlane – 7 Minute Book Summary
The Millionaire Fastlane Summary In the book, The Millionaire Fastlane, author and self-made millionaire M.J. DeMarco flips the script on how we think about money and success. Do you know how most people talk about the slow and steady route to getting rich (AKA the “Slowlane”)? Well, DeMarco’s view is the COMPLETE opposite. His core…
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Should You Set Up An LLC For Rental Property?
Should You Set Up An LLC For Rental Property? In today’s real estate market, many property owners and investors are considering the formation of a Limited Liability Company (LLC) for their rental properties. This business structure offers various benefits that can potentially enhance the overall management and protection of the investment. With increasing lawsuits and…
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10 Things Millionaires Never Waste Their Money On
10 Things Millionaires Never Waste Their Money On Do you want to know something about millionaires you probably weren’t aware of? They’re often tighter with their cash than you’d expect. They’re not constantly splurging their income like many poor people do. Instead, they focus on their “needs” and things that’ll make them extra money. They’re…
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7 Top Tax Benefits Of Real Estate Investing
7 Top Tax Benefits Of Real Estate Investing Investing in real estate has been widely known by the rich as a great way to build wealth because it gives investors a chance to: make passive income (cash flow) diversify their portfolios take advantage of market growth However, one of the often-overlooked advantages of buying property…
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The Hands-Off Investor: An Insider’s Guide to Passive Income
The Hands-Off Investor: An Insider’s Guide to Passive Income Book Summary The growing trend of hands-off investing is gaining momentum among busy, high-income professionals aiming for effortless wealth accumulation. This passive investment strategy enables investors to allocate their assets focusing on long-term growth, requiring little-to-no monitoring. A key element of this strategy is diversification, distributing…
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GP vs LP In Real Estate Syndications: What’s The Difference?
GP vs LP In Real Estate Syndications: What’s The Difference? Large-scale commercial real estate investments require significant effort to identify, evaluate, finance, manage, and finally sell. These investments are usually made by two types of investors: one that handles all the tasks just mentioned another that provides most of the needed funds The group that…
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13 Best Real Estate Books for Beginners (2023)
13 Best Real Estate Books for Beginners (2023) If you’re looking to create passive income, diversify your portfolio, and reduce your tax burden, real estate investing is the answer. However, you might not know where to start if you’re a beginner. Searching online can quickly lead you down a rabbit hole, making the learning process…
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Single Family vs Multi Family Investing: Which Is Best?
Single Family vs Multi Family Investing: Which Is Best? As a high-income professional, you have an important choice to make. You can keep working the same way for 30+ years and pay a lot of taxes, or you can learn to work smarter and invest in assets that can help you make money and pay…
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What Is A Good Cap Rate For Multifamily Real Estate?
What Is A Good Cap Rate For Multifamily Real Estate? Real estate investors often use the capitalization rate, or cap rate, to evaluate potential investments. It’s an important metric that helps determine how much income a property generates compared to its value. Generally, a higher cap rate indicates a higher potential return on investment (ROI)…
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Investing in Car Washes: A Guide To Clean Profits
Investing in Car Washes: A Guide To Clean Profits Years ago, I wanted to start investing in real estate and decided to go the passive route with real estate syndications. As a periodontist, I didn’t have time to deal with tenants (nor did I want to) and found that the “hands-off” approach was the best route.…
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Accredited Investor Definition: What Are The Requirements?
Accredited Investor Definition: What Are The Requirements? Being an ‘accredited investor‘ plays a significant role in private investing. It refers to individuals allowed to invest in certain types of investments not registered with the Securities and Exchange Commission (SEC). These investments are typically more risky but can be more rewarding, potentially offering much higher returns…
