After learning about your goals and dreams and discovering what resources can help you get there, we will work with a team of advisors to help craft a blue print to help you maximize your tax savings from depreciation, boost passive income from cash flow and grow down payment monies to acquire a portfolio of real estate along with financial products to help you hit your customized seven figure solution. Our goal is to help you exit the rat-race and achieve your dreams much faster as you follow your customized plan to build the future you can be proud of while eliminating the risks that could destroy your plan.
Acquiring real estate early can build huge wealth through principal pay down and appreciation, while saving cash flow in a safe tax advantaged return method.
This blueprint allows you to save down payment funds much more quickly to grow your real estate portfolio faster.
The risks of real estate can be largely eliminated through the discipline of saving your cash flow in a vehicle that grows tax free but is largely liquid and can be accessed if there are repairs, or vacancy, or a furnace needs to be replaced. This allows the cash flow from the property pay for these items instead of taking them out of your monthly budget.
Saving cash flow from vacation rentals, flips or high cash flow rentals can be saved for tax advantaged growth to be able to get an extra $100,000 or even $500,000 tax advantaged income at retirement if you start early enough and save with discipline.
This strategy can save hundreds of thousands of dollars over a 20 year retirement
Having a dozen tenants each contributing $4,800 per year could mean $60,000 a year in the early years, and $10,000 per tenant and $120,000 per year 15-20 years later due to rent increases.
This strategy is tied to an index so that you are not participating in the volatility of the market. If the market crashes and you lose 50% you don't have to wait five or ten years just to get back to where you were. Since zero return is the worst you can do, your $500,000 doesn't turn into $250,000. It stays at $500,000 when the market crashes.
Depreciation from the real estate largely offsets the income from the real estate portfolio for many clients, especially if you can receive full time real estate professional status.
The Seven Figure Solution combines a power team of top real estate investment minds, property managers, insurance and financial advisors, C.P.A.'s, 1031 exchange intermediaries, and Self Directed IRA professionals.
Tax Depreciation is one of the most important goals for high net worth individuals, especially if 51% of their income can come from 5-10 vacation rentals that could bring in $150,000-$300,000 per year and the portfolio owner can spend 12.5 hours a week on real estate activities, potentially allowing them to take advantage of depreciation.
Investors that are flipping, own short term rentals or cash flowing portfolios need a safe haven to save their funds in a way that grows in a tax advantaged manner and grows the real estate portfolio as fast as possible.
Using 1031 Exchanges to increase passive income and cash flow can reset tax advantages every 8-10 years can maintain tax advantages for the lifetime of your portfolio.
Jared is currently following the strategy and believes that contributing $45,000 per year from one vacation rental should reach a $500,000 per year passive, tax advantaged income for his family at retirement in addition to an income of $260,000 or more per year now from his current portfolio that he will continue to save to acquire larger apartment complexes and vacation rentals in prime locations he loves to visit.