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If there’s one book that has been a hot topic around our dinner table, it would be the Loopholes of Real Estate. Rich Dad Advisor and attorney Garrett Sutton authored the book to share legal and tax strategies that wealthy investors use to keep more money in their pockets and set up bulletproof legal protection.
On this episode, Garrett Sutton returns to the show to dive deep into the loopholes of real estate investing. We’ll talk about how to choose the best legal entity for real estate investing, and what changes in the tax code mean for investors. Garrett is also sharing a way that you can save $100 on your asset protection. Don’t miss episode 317 of Investing in Real Estate!
More About This Show
The word "loophole" seems to have a negative connotation, but the tricks and strategies that Garrett Sutton suggests are not unethical nor illegal. The loopholes that he writes about in his book are actually written into the tax code.
When Garrett refers to loopholes, he's describing strategies that wealthy people have used for generations to protect themselves. At his company Corporate Direct, Garrett and his team help their clients set up legal entities, protect their assets, and learn more about taking advantage of legal and tax loopholes.
For example, because of the federal system in the United States, certain states provide more robust legal protection than others. Corporate Direct refers their clients to the states of Wyoming and Nevada for the best legal protection possible.
On today's show, Garrett is sharing so much more about the legal loopholes of real estate investing. We'll talk about advanced real estate tricks like setting up the highest level of legal protection, and the different types of income. If you want to learn more about the loopholes of real estate, this episode is for you!
If you’re ready to begin building a passive income through rental real estate, book a FREE call with our team today. We’re ready to talk about your goals and want to help you learn more about earning legacy wealth for you and your family.
On this episode you'll learn:
What is a charging order?
Why is California an expensive state for business owners?
Why is housing largely run by the private sector?
How does the new tax code effect real estate investors?
And much more!
Loopholes of Real Estate by Garrett Sutton
EP197: The Legal Loopholes of Real Estate - Interview with Garrett Sutton
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