111. She Hacked the Mortgage Industry To Build A $1M+ Portfolio feat Megan Sawamura

Ready to save $10k-$50k in taxes this year? Book a call here:

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In this episode, I sit down with Megan Sawamura from Neo Home Loans to talk about using homeownership as a powerful wealth-building strategy. Megan shares her journey from buying her first property with just $20,000 to building a million-dollar portfolio. We discuss house hacking, leveraging VA and FHA loans, and how to avoid costly mistakes when refinancing or turning your primary residence into a rental. If you're looking to grow your real estate portfolio while minimizing taxes, this episode is packed with essential insights.

Timestamps:

00:00:00 Intro

00:01:29 Why a 30-year fixed mortgage is a hidden wealth pillar

00:02:26 Why you should buy a primary home before an investment property

00:05:07 Cash-out refinance: How it works and potential tax implications

00:07:46 The "return on hassle" approach to investment decisions

00:10:10 The Section 121 Home Sale Exclusion and how to use it

00:12:33 Should you sell your primary home or convert it into a rental?

00:14:15 How the government uses tax policy to influence real estate investing

00:16:39 Inflation-induced debt destruction: How 30-year fixed loans help you win

00:19:00 How to leverage VA loans to buy multi-unit properties with 0% down

00:22:36 Megan's personal journey: Turning $20K into a million-dollar portfolio

00:27:37 House hacking: Renting bedrooms and living below your means to build wealth

Want me to answer your questions live? Come to my next Ask Me Anything Q&A:

► https://taxstrategy365.com/pod-ama

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*None of this is meant to be specific investment advice, it's for entertainment purposes only.