Real Wealth Show: Real Estate Investing Podcast

The long-awaited Opportunity Zone Regulations were released on Wednesday, April 17th! But unless you're a seasoned tax attorney, you might not totally understand what's written in those 162 pages. But fret not! Our guest today will help us decipher this secret language of the IRS. Clint Coons is an attorney, real estate investor and is the Manager of Anderson Business Advisors and Law Group. He helps investors and business owners with very high level asset protection and business planning services. He also recorded a webinar for us to better explain this new tax incentive, which you can find on our website at www.RealWealthShow.com. Just log in to the the Investor Portal and look under the Invest Tab under Opportunity Zones for the link to Clint's Webinar, "Setting Up Your Opportunity Zone Fund". And he's here with us today on the Real Wealth Show. Welcome Clint!

Warning, warning! This will be one of my more cautionary shows. So only listen if you want a dose of reality. Or if you want to better understand my mission here. Even though we've seen asset values and stock prices going up, there are some real threats to our country today. I think the biggest threat is our addiction to debt. The national debt continues to balloon out of control, to the point where our government can't even barely afford the interest payments on that debt. The same is true for many corporations, who borrowed way too much money when interest rates were at near zero levels. The Federal Reserve is in a pickle. If they continue to raise interest rates, it will be even more difficult to pay off debt. So it essentially loses it's power to regulate the economy by raising rates - if things get too heated. It also has lost the power to lower rates because they are already so low. What does this have to do with real estate investors? As you'll see in the following interview, real estate is a hard asset - and one that people need. It is not flimsy like fiat currency - like the dollar - that is really tied to nothing anywhere and only has value because the US. government says it does. If the value of the dollar declines, there's a good chance the value of hard assets increases - because you need more dollars to pay for the asset. Our guest today outlines these ideas in his book, How To Press America's Reset Button which can be found on Amazon. Sean Burke also has a radio show called the Sean Burke Show, which focuses on national politics, coming economic disruptions and national news, as well as interviewing and highlighting changemakers in our society – people who are making a positive difference in the world at levels both small and large. www.RealWealthShow.com

Clarity on the New 20% Deduction If you have an S Corporation, a multi-member LLC, rental portfolio or Schedule C business, there is finally more clarity on how to take your 20% deduction. In this show, find out: How a business can be part eligible and part not How pension contributions affect qualified business income ("QBI") When health insurance reduces QBI and when it doesn't Why QBI must be adjusted for prior-year passive losses New safe-harbor rule for qualifying rentals as a trade or business (and why it may be a business even if the taxpayer does not meet the safe harbor) Clarification on 1099 filing requirements for landlords What to do if a K-1 received includes some income that is from a specified service business and some that is not (and what info is required to be on the K-1) Clarification of what a "specified service business" that is ineligible for the 20% deduction (there are many fewer than you thought!) How income from the sale of business property affects the 20% deduction How businesses with losses affect businesses with income (and why you might not want a rental to be a business) How to identify REIT dividends so you can take the 20% deduction Self-rentals that must be reclassified as specified service businesses www.RealWealthShow.com

Rich and Kathy Fettke talk about the past 20 years of co-creating real wealth together and what they've learned about life, business and real estate investing along the way. www.RealWealthShow.com

It's time to go back to the basics of real estate investing - for buy & hold investors. This is part 7 of a 7 part series on how to build a portfolio of rental properties that feed you for life. It's been a long time since I talked about the fundamentals of real estate investing. Real estate investing has proven to be the #1 wealth builder in history. In fact, well-located property has been the desire of wealthy families and business owners for centuries. Battles over land have existed for as long as we've had the ability to record events. Thanks to U.S. law, we don't have to fight for property anymore. We just have to know how to buy it right, leverage it and earn cash flow from it. www.RealWealthShow.com

It's time to go back to the basics of real estate investing - for buy & hold investors.. This is part 6 of a 7 part series on how to build a portfolio of rental properties that feed you for life. It's been a long time since I talked about the fundamentals of real estate investing. Real estate investing has proven to be the #1 wealth builder in history. In fact, well-located property has been the desire of wealthy families and business owners for centuries. Battles over land have existed for as long as we've had the ability to record events. Thanks to U.S. law, we don't have to fight for property anymore. We just have to know how to buy it right, leverage it and earn cash flow from it. www.RealWealthShow.com

It's time to go back to the basics of real estate investing - for buy & hold investors.. This is part 5 of a 7 part series on how to build a portfolio of rental properties that feed you for life. Step Five - Determine your Purchasing Strategy www.RealWealthShow.com

I just bought my ticket to San Jose Costa Rica for March 28th. I'll be touring our eco resort with some of our Real Wealth members. And there is still room on the tour, if you're interested in a last minute trip to Paradise! If you're looking for diversification, this may be a great way to learn more about investing outside the U.S. We know we're at the top of an economic expansion in the U.S. and we also know that the national, corporate and consumer debt are at all time highs. This will play out at some point. So why not take just a small amount of your portfolio and invest it out of the country, especially when the returns could be in the double digits? So here's a little bit about the project: We partnered with an experienced NYC developer to acquire 800 lush acres of land just about 20 minutes from one of the fastest growing cities in Costa Rica - where a new international airport is expected to be built. In the meantime, there is actually an airstrip on our land, which we'll be flying into by charter from the San Jose airport. The vision of Rise Costa Rica is to create a unique spa/retreat center, to build a community of ex-pats looking for a more peaceful, relaxed, healthy way of life and to grow organic food for the community and for export. The land has already been entitled for a resort community, and a highly successful spa developer is on board. We are also working with one of the leading green architects in the United States who is known for developing Net Zero buildings. Phase 1 of this project has already wrapped up and we are moving on to Phase 2 to develop the residences. Go to our tour page for more info: https://investor.realwealthnetwork.com/connect/tours/ www.RealWealthShow.com

It's time to go back to the basics of real estate investing - for buy & hold investors. This is part 4 of a 7 part series on how to build a portfolio of rental properties that feed you for life. It's been a long time since I talked about the fundamentals of real estate investing. Real estate investing has proven to be the #1 wealth builder in history. In fact, well-located property has been the desire of wealthy families and business owners for centuries. Battles over land have existed for as long as we've had the ability to record events. Thanks to U.S. law, we don't have to fight for property anymore. We just have to know how to buy it right, leverage it and earn cash flow from it. www.RealWealthShow.com

It's time to go back to the basics of real estate investing - for buy & hold investors. This is part 3 of a 7 part series on how to build a portfolio of rental properties that feed you for life. It's been a long time since I talked about the fundamentals of real estate investing. Real estate investing has proven to be the #1 wealth builder in history. In fact, well-located property has been the desire of wealthy families and business owners for centuries. Battles over land have existed for as long as we've had the ability to record events. Thanks to U.S. law, we don't have to fight for property anymore. We just have to know how to buy it right, leverage it and earn cash flow from it. www.RealWealthShow.com