EP282 How to Become Financially Free by Holding Forever with Jonathan Barr

Published: May 24, 2021, 5 a.m.

My guest today believes that Holding Forever is the best way to become Financially Free.

Jonathan Barr grew up in a real estate family and started investing after the Great Recession.\xa0 He\u2019s completed Higher-End Single Family Flips, Ground Up Developments, and Multi-Family Repositions with his brother through their company JB2 Investments.

Today we\u2019re also going to talk about Fix & Flipping V.S. Multi-Family and Jonathan\u2019s investment strategy that has generated over 22 Million in profits with an average yearly return of 38%.\xa0 We\u2019re also going to discuss the tax ramifications of both strategies, including cost segregation reports, depreciation, and the \u201cReal Estate Professional\u201d status.

Jonathan will also share details on the townhome development project he initiated in Los Angeles, and how it\u2019s taken over five years to break ground.\xa0 We\u2019ll discuss the 1031 exchange he completed by selling a Los Angeles duplex in order to buy a 14-Unit in Kansas City, and another recent 1031 exchange where he acquired a 72-Unit during the Pandemic.

We cover a lot of ground in this episode, and I know you\u2019re going to benefit from the experiences Jonathan has had along the way.\xa0 You can contact Jonathan on twitter: JB2Investments,

website: https://www.jb2investments.com

and ebook \u201cThe Tax Stack Strategy\u201d, which is available for free at https://www.jb2investments.com/lower

Today\u2019s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.

https://www.livegreenlocal.com

And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and medicare benefits.

https://www.rcbassociatesllc.com

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