Rich Habits Podcast

Q&A: Pre-IPO Investing, Real Numbers Behind House Hacking, & Tax Refunds

9 snips
Apr 17, 2025
This week, the hosts tackle a variety of intriguing questions from their audience. They dive into the concept of house hacking, sharing strategies for leveraging multi-family properties and Fannie Mae loans for financial gains. The discussion also covers smart investment uses for tax refunds, emphasizing diversification and maximizing retirement accounts. Listeners can learn about navigating tax strategies, like the 1031 exchange, and the emotional weight of financial planning around parenthood and baby showers.
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ADVICE

House Hacking for Wealth

  • House hacking is a great way to build wealth early.
  • Live in a multi-family property for a year, build equity, and repeat.
ADVICE

Fannie Mae Mortgage

  • Utilize the Fannie Mae 5% down mortgage to purchase a multi-family property.
  • Live there for one year to qualify.
INSIGHT

Real Estate Tax Strategies

  • Real estate offers tax advantages beyond cash flow and appreciation.
  • Cost segregation analysis can yield significant tax deductions.
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