Moving from Flips to Lease Options for Tax & other Advantages with Shiloh Lundahl

Published: July 17, 2023, 7 a.m.

b'Get ready for a deep dive into the transformative world of lease option strategies with our guest, Shiloh Lundahl, who has used this approach to revolutionize his portfolio and lifestyle. Shiloh will discuss why he chose to switch from flipping to lease option investing and the significant tax advantages of doing so. He\'ll also explain how real estate investments can help meet personal goals and dreams. Lastly, he\'ll discuss how important it is for investors to maintain ethical practices when dealing with tenants and other stakeholders in their investments.\\xa0\\n\\xa0\\nTo learn more about real estate investment and making money on Main Street, tune into this episode now!\\n\\xa0\\n[00:01 - 06:55] Opening Segment\\nShiloh currently has 250 properties, including 100 units in mobile home parks and 80 units in single-family and commercial buildings\\nReal estate has helped him meet personal goals and dreams, such as taking his kids on vacations and doing humanitarian aid trips\\n\\xa0\\n[06:56 - 11:11] Discovering the Benefits of Flipping Real Estate\\nWhen you flip a property, it\'s looked at as a short-term capital gain and has to be taxed at a higher rate\\nLease with option to buy strategy allows for a lower tax bracket, and 1031 exchange can delay taxes\\nDelaying taxes allows for larger amounts to be invested in deals and creates more wealth\\nLease options have changed since the coronavirus pandemic, with rates going up, becoming more savvy\\n\\xa0\\n[11:12 - 25:10] Creating Win-Win Situations: Lease with Option to Buy Program\\nA declining lease option allows people to bring in a large down payment and buy the property at a lower price over time\\nShiloh shares how they helped dozens of people buy their own home\\nFocusing on ethical decisions and alignment of incentives\\n\\xa0\\n[25:12 - 36:04] Opening Segment\\nBest investment: a manufactured home in Apache Junction, Arizona\\nWorst investment: a 100-year-old property in Casa Grande\\nThe most important lesson learned: investing in ethics\\n\\nQuotes:\\n\\xa0\\n"It\'s important to go into real estate with a goal of what you want real estate to do for you. And then it can help get you there." - Shiloh Lundahl\\n"If you delay the tax, you can put a larger amount into a deal. You\'re able to grow your money so much quicker if you can delay the tax until later on." - Shiloh Lundahl\\n\\xa0\\n"It\'s really important that you operate ethically." - Shiloh Lundahl\\n\\nConnect with Shiloh!\\nWebsite: https://www.arizonafamilytherapygroup.com/shiloh-lundahl/\\xa0\\nLinkedIn: https://www.linkedin.com/in/shiloh-lundahl-ab211124/\\xa0\\n\\nInvest passively in multiple commercial real estate assets such as apartments, self-storage, medical facilities, hotels, and more through https://www.passivewealthstrategy.com/crowdstreet/\\n\\xa0\\nTrack your rental property\'s finances with Stessa. Go to www.escapingwallstreet.com.\\n\\xa0\\nJoin our Passive Investor Club to access passive commercial real estate investment opportunities.\\n\\xa0\\nLEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or clicking here to listen to our previous episodes.'