Another Review at MyShelf.Com

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
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The Reviewer

Mark Nash
Reviewed 2007
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© 2006 MyShelf.com