Red Carpet Retirement™
Real Estate Part 2: The Future May Be Different (Ep. 14)
Real Estate values always go up, right?
In this episode, Adam provides an in-depth analysis of the future of rental properties. They dismantle the perception of real estate as a guaranteed win, exploring the pros and cons, tax implications, financial intricacies, and potential challenges of managing rental properties.
Throughout the episode, Adam covers:
- The key benefits of real estate investment, such as cash flow, appreciation, leverage, and tax advantages
- The benefits of the 1031 Exchange and the potential to defer capital gains tax
- The ‘step-up in basis’ law that allows heirs to avoid estate taxes
- Challenges associated with dealing with tenants, eviction proceedings, high maintenance costs
- Adam’s personal experiences and the looming ‘commercial real estate Armageddon’
- Potential for a Part 3?
- And more!
Resources:
- LongTermTrends.net: Home Price to Income Ratio
- Irrational Exuberance by Robert J. Shiller
- YouTube: WellAcre Wealth Advisors
- Why Do People Dislike Inflation – Robert J. Shiller
- 1031 Exchange
- Step Up in Basis Law
Connect with Adam Scott:
- LinkedIn: Adam Scott
- LinkedIn: WellAcre Wealth
- WellAcreWealth.com
- Phone: 310-220-4946
- Adam Scott Direct Line 310-231-5262