Wealth Without Wall Street
Make sure you download ALL my resources for FREE at this link: https://themichaelblank.com/vault You cannot have life balance if you’re worried about money. You want passive income, and for a long time, we had Wall Street as the model for how to generate that passive income, but investing in the stock market is not the […]
MB342: What Investors Need to Know About Taxes – With Thomas Castelli
All CPAs are not created equal. And if you’re working with an accountant who doesn’t understand real estate tax strategy, you may be leaving tens of thousands of dollars on the table. Listen in as Thomas Castelli explains how real estate taxes work and why tax planning is so important for multifamily investors!
The Tax Benefits of Owning a Multifamily Home
Does the idea of paying taxes cause you stress? We all pay taxes, but there is some knowledge about U.S. tax laws that you as an investor can employ to minimize the taxes you pay. The Tax Benefits of Owning a Multifamily Home Make sure you download ALL my resources for FREE at this link: […]
MB307: Save Tens of Thousands on Your Taxes – With Heidi Henderson
Real estate has always had tax advantages, but in recent years, the deal got even sweeter for multifamily investors. So, how do we take advantage of this BONUS depreciation? Today, Heidi Henderson explains how to do a cost segregation study and save tens of thousands on your taxes with the magic of accelerated depreciation!
3 Benefits of Tax Free Wealth and Why You Should Start Thinking About it Now
If you’re ready to start building your wealth, make sure you download ALL my resources for FREE at this link: https://themichaelblank.com/vault If you want to generate passive income through investing, one crucial factor to consider is how much you’re required to pay in taxes. “Taxes are your largest single expense.” – Robert Kiyosaki Here’s something […]
Real Estate Syndication and The Benefits for a W-2 Employee
You might think that working your W-2 job will use up all of the time and energy that you could be putting toward your multifamily real estate investing goals, but that’s not necessarily true. In fact, your job and your entrepreneurial journey can work together for your advantage. Real Estate Syndication and the Benefits for […]
What Does Cost Segregation Mean For You as a Real Estate Investor?
Today we want to talk about a key term in real estate investing, cost segregation. Cost Segregation is really simple. It’s the idea that within an apartment building, some things have a useful life of maybe 27 years, and other things, like carpets or countertops are going to have a much shorter life. By segregating, […]
What is a 1031 and How Does it Affect Your Tax Liability?
One of the most common questions we get on our investor intake calls is, “What is a 1031 exchange?” Today, David Meilan, Director of Investor Relations at Nighthawk Equity and Drew Kniffin, Nighthawk President, are going to break down this concept for us. Simply put, 1031 exchanges are a way to defer tax liability through […]
MB 203: The MAGIC of Bonus Depreciation – With Terry Judge
Imagine earning as much as $10K in cashflow distributions from your investment in a multifamily property—yet claiming a taxable LOSS! Today, Terry Judge joins me to explain how you can use a cost segregation study to mitigate (and in many cases even eliminate) taxable income for years with the magic of bonus depreciation!
How to Avoid UBIT Taxes Inside an IRA
The benefit of higher annual returns drives a lot of people to repurpose their IRAs for multifamily real estate investment. But there’s a catch. The UBIT, or Unrelated Business Income Tax, means you could be taxed inside your IRA. It’s a real doozy!