#405 Wealth Management on Flipping America Radio
We talk a lot on this show about how to make money in real estate. Today we are going to talk about how to keep it. Wealth Preservation is the topic and this is a multi-pronged approach. It’s not just tax planning, investment planning or just asset protection. It’s an overall strategy to keep more of what you make.
Our guests, Mark Seither and Josh Saunders say It’s much harder to re-earn a dollar than to make one in the first place. There is plenty of tax code from the 80,000+ pages that people are not using or aware of.
On this call we will cover these basics in wealth preservation:
Diversifying taxable income in retirement.
Leveraging real estate to improve your investments.
What your investment guy is not telling you about your qualified plan.
We will discuss 401ks, self-directed Roths, and other retirement strategies.
Plus we will mention more advanced strategies:
Accelerated depreciation opportunities to offset your taxes,
Roth conversion strategy, with a Roth conversion calculator.
Tax efficient legacy plans.