The Wealth Elevator Podcast: Real Estate, Taxes, Investing

Clint Coons, an attorney from Anderson Law Group specializing in asset protection, joins the discussion to emphasize the importance of safeguarding your assets as a real estate investor. He shares real-life examples of risks property owners face and outlines effective strategies, like using LLCs, to shield personal assets from lawsuits. The conversation dives into navigating K-1 forms, IRS audits, and the complexities of tax filings, stressing the need for tailored planning and transparency to mitigate financial exposure in high-liability scenarios.

YouTube has been used by influencers and brands worldwide to connect with their audience. But will investing in YouTube give you passive income?In this episode, we’re bringing in additional ideas on how you can maximize your YouTube use and if it’s a good investment. Note: In any investments, do your diligence and do not enter any deal without thoroughly studying it.Want other investment options? Learn from other investors by joining our inner circle at https://simplepassivecashflow.com/journey. Hosted on Acast. See acast.com/privacy for more information.

The -Ber months once again!In this month’s monthly market update, we’ll talk about the recession, how the status in Ukraine affects the economy, supply chain disruption in China, rent rates and what drives them, and more mainland headlines that impact how investors should think.To get access to past monthly market updates, visit https://simplepassivecashflow.com/investorletter. Hosted on Acast. See acast.com/privacy for more information.

Sports help children (and people in general) to have a healthy lifestyle early on. Not only that, sports teach them discipline, grit, confidence, persistence, and teamwork.In this episode, we are joined by Linda Flanagan, a freelance journalist, researcher, and former cross-country and track coach. Now the author of Take Back The Game book. She reveals how youth sports have become a significant business these days, discusses the money behind it, and, sadly, how it stresses children and families today. Parenting is challenging, and we all want the best for our children without stressing them out. Join us at our events to learn about investing, and more!Visit https://simplepassivecashflow.com/events Hosted on Acast. See acast.com/privacy for more information.

Will your Triple Net investments can help you scale more than being in syndication?In this podcast, Ron, a commercial real estate lawyer, did the SFR investment and Triple Net. He has never invested in syndications. But then, he started to realize that there is a loss when there’s no rental fee increase in the lock-in lease period of tenants. And he has this question, “how to grow and plan for the next phase”.Watch and learn how the scenario and solution unfold.Meet people and other passive investors in our family office ohana mastermind. Check out https://simplepassivecashflow.com/journey. Hosted on Acast. See acast.com/privacy for more information.

Have you realized your purpose in life?Investing and achieving financial freedom are all life goals, but they can still be meaningless without other purposes.Kevin Roth is a Life Coach who has been successful in his career as an artist.Despite his success, he realized that life is short, and when he was diagnosed with Melanoma, that changed his life.Listen as he shares his discoveries on how to survive and be financially successful and become truly happy and thrive.Come and join our mastermind group!Head on to https://simplepassivecashflow.com/club Hosted on Acast. See acast.com/privacy for more information.

Do you want to know more about real estate investing but don’t know where to start?Watching or listening to coaching calls like this can help you with that!In today’s podcast, we’re joined by Nate. You might be in the same net worth or situation as he is. He has half a million of net worth, with $20,000 of income. Check out how he will strategize through investing and learn from it.If you want to get access to the FREE coaching call, send us an email at team@simplepassivecashflow.com.Join our exclusive mastermind group and get out of the traditional investments.Visit and sign up at https://simplepassivecashflow.com. Hosted on Acast. See acast.com/privacy for more information.

Where are the best and worst places to rent these days?Check out the August 2022 market update, where you can get updates on the in-demand market for renters, commercial real estate, rental rates, interest rates, lending activities, and what asset class is gaining traction.Take note: Inflation is still high at the moment. So invest in tangible assets (unlike cryptos) that beat inflation. To access past monthly market updates, visit https://simplepassivecashflow.com/investorletter. Hosted on Acast. See acast.com/privacy for more information.

Achieving financial independence early on in life is not easy. And being exposed to personal finance early on can be one of the most significant advantages. Having the ability to identify the difference between good debt versus bad debt, the proper way to pay down debt and invest,  knowing the strategies for building passive income streams, and imbibing the right way to spend are the fundamental principles to elevate one's financial status that may lead to financial independence.In today's podcast, we have Sam Dogen, the Financial Samurai and author of Buy This, Not That. He'll talk about his bold advice about finances and the other side of financial freedom.Buy his book on Amazon entitled 'Buy This Not That' by The Financial Samurai, aka Sam Dogen.And join our club, visit https://simplepassivecashflow.com/club. Hosted on Acast. See acast.com/privacy for more information.

Welcome to Part 2 of the podcast with Richard Duncan.Richard emphasized multiple points that will make you grateful to live here in America. First, the U.S. dollar is at its 20-year record high. Second, don’t be doubtful because the government and the Fed are doing their best to care for the economy. Thirdly, be in the position of opportunity and do not sit your money in dead equity. So, enough of the fear-mongering! Watch and listen closely to the 2nd part of the podcast and join the other investors at https://simplepassivecashflow.com/club. Hosted on Acast. See acast.com/privacy for more information.