Jun 16, 2020
In this episode of “Financial Independence – A Better Perspective”, Lance and Randy give an overview of the amazing benefits of depreciating real estate assets. Depreciation is almost like finding money on the street. It’s guaranteed income, and the IRS wants you to have it! You will definitely want to...
Jun 16, 2020
A 1031 Exchange allows capital gains taxes to be deferred when you sell income producing real estate. This powerful strategy protects your real estate investments from taxation and it allows you to grow your wealth faster and more efficiently.
What happens, however, if you are not selling income property? What if...
Jun 10, 2020
In this episode, Randy and Lance discuss the various options available to college students and how to get the most bang for your buck. They review financial aid and financing, public vs. private universities, and the importance of the college experience. Additionally, they discuss the impact of COVID on the value...
Jun 10, 2020
In this episode, Lance and Randy discuss different viewpoints in finding the ideal investment. For Lance, the acronym I.D.E.A.L. works for real estate investing. Is the property: Income Generating? Does it have depreciation? Is there built-in equity? Does it have potential for appreciation? Is there leverage?