Book details

  • Genre:business & economics
  • Sub-genre:Real Estate / General
  • Language:English
  • Pages:240
  • Hardcover ISBN:9798317842062

Real Estate Tax Deferral Strategies

2nd Edition, Newly Revised and Expanded

By Paul M. Getty

Overview


Discover how to obtain tax-deferred income and avoid taxes on capital gains. Real estate investments are a key source of wealth creation and a preferred source of income generation for millions of investors. Author Paul Getty has worked with thousands of real estate investors who have taken advantage of special tax benefits available to real estate investors that allow them to defer taxes and retain more funds for future investments. This book provides investors with his experience and insights in the following areas: - How the 1031 Exchange can turbocharge both monthly income and long-term wealth creation - How to obtain stable tax-sheltered income without management hassles - Why the Delaware Statutory Trust (DST) has emerged as one of the fastest growing real estate investment sectors - How to find, evaluate, and compare DSTs - Tips on selecting investment professionals Since being approved by the IRS in 2004, the DST has steadily grown in popularity. In contrast to stocks and bonds, income from DSTs can be offset with depreciation and expense write-offs that are unique to real estate investments, thereby allowing investors to realize higher after-tax income. Furthermore, any realized gains upon sale can be reinvested tax-free into new like-kind investments via a 1031 Exchange rather than be lost forever to federal and state taxes. Savvy investors have discovered that by avoiding taxes they can more rapidly build their net worth. Finally, upon the death of the investor, real estate gains realized over a lifetime of 1031 Exchanges can be transferred to their heirs with little to no tax consequences!
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Description


Discover how to obtain tax-deferred income and avoid taxes on capital gains. Real estate investments are a key source of wealth creation and a preferred source of income generation for millions of investors. Author Paul Getty has worked with thousands of real estate investors who have taken advantage of special tax benefits available to real estate investors that allow them to defer taxes and retain more funds for future investments. This book provides investors with his experience and insights in the following areas: - How the 1031 Exchange can turbocharge both monthly income and long-term wealth creation - How to obtain stable tax-sheltered income without management hassles - Why the Delaware Statutory Trust (DST) has emerged as one of the fastest growing real estate investment sectors - How to find, evaluate, and compare DSTs - Tips on selecting investment professionals Since being approved by the IRS in 2004, the DST has steadily grown in popularity. In contrast to stocks and bonds, income from DSTs can be offset with depreciation and expense write-offs that are unique to real estate investments, thereby allowing investors to realize higher after-tax income. Furthermore, any realized gains upon sale can be reinvested tax-free into new like-kind investments via a 1031 Exchange rather than be lost forever to federal and state taxes. Savvy investors have discovered that by avoiding taxes they can more rapidly build their net worth. Finally, upon the death of the investor, real estate gains realized over a lifetime of 1031 Exchanges can be transferred to their heirs with little to no tax consequences!
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About The Author


Paul M. Getty is the President and CEO of FGG1031/First Guardian Group, a financial advisory firm specializing in real estate investment and 1031 Exchange strategies, including Delaware Statutory Trusts (DSTs). A licensed real estate broker in California and Texas, Paul has been involved in more than 5 billion dollars in commercial real estate transactions nationwide. He holds multiple securities licenses and brings over 25 years of investment banking and real estate experience, working with top firms such as Marcus & Millichap, CBRE, JP Morgan, and Morgan Stanley. An accomplished author and speaker, Paul has written several books on real estate investing and tax-deferral strategies, including "Tax Deferral Strategies Utilizing the DST" and "Real Estate Investing in the New Era". He earned his MBA in Finance from the University of Michigan and is passionate about helping investors build lasting wealth through strategic real estate investments.
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