Rich Dad's Real Estate Advantages
Tax and Legal Secrets of Successful Real Estate Investors:
by Sharon L. Lechter and Garrett Sutton, Esq.
Read By Garrett Sutton, Esq.
Sharon Lechter's and Garrett Sutton's latest installment in the "Rich Dad's" series places the spotlight on Tax
and Legal Secrets of Successful Real Estate Investors. An interesting perspective, one that's not new in the
post-real estate bubble world, is the principle of positive cash flow of investment properties. Plus an important
point they make and expand on is the importance of advisors in investing in real estate. A drumbeat made throughout
the program is the importance of using applicable advisors. Never ask your Certified Public Accountant legal
questions, or your attorney tax ones. One of the more recognizable "Rich Dad" authors appears in amoving forward
filled with new information by Robert Kiyosaki.
The most significant take-away from this real-life exposé of real estate investors is that you might make
buckets of money flipping properties every year, but, the income tax ramifications can strip much of your profit.
Mr. Sutton explores how setting up a Limited Liability Corporation or L.L.C can help the property flipper or other
real estate investor keep more of their profits, all within the Internal Revenue Code. Read by Corporate Attorney
Garrett Sutton, Esquire in a friendly, conversational tone which is always professional, but never professorial.
As a real estate professional, I learned quite a bit from their insightful and valuable tips and advice, that I
can use myself and pass on to investor clients. |
The Book |
Hachette Audio |
November 2006 |
Audio Book: Playing Time: 3 Hours |
1594839646 |
Non-Fiction, Business |
More
at Amazon.com |
Excerpt |
NOTE: |
The Reviewer |
Mark
Nash |
Reviewed 2007 |
NOTE: |
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