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In this bonus episode, I'm going to be talking about taxes, and how not to pay them – legally. Yes, you heard it right, when it comes to real estate, there is a way you can avoid paying taxes within the law. And believe it or not, banks encourage it! Watch on to learn more about real estate based off of my experience and get to do it yourself.
00:11 Technical things you will want to know in the world of real estate
00:57 Three Core Accelerants
01:40 If I buy a single-family home, how much tax do I pay?
02:57 If you're smart, you can defer all your taxes for eternity
03:12 When we talk about partnering…
03:55 Partnership model
05:38 I select the number of partners based on the deals I find
06:35 I'm also gearing up for the crash
07:16 Let's go faster
10:00 When you build confidence and a track record, how many of you can do that?
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🎧 MUSIC AND LICENSE
Legendary – Welshly Arms https://www.youtube.com/watch?v=Z2CZn966cUg
Video Produced by:
Nate Woodbury – YouTube Producer
Kris Krohn is not in the business of providing personal, financial or investment advice and specifically disclaims any liability, loss or risk, which is incurred as a consequence, either directly or indirectly, by the use of any of the information contained in this document. Also, Kris Krohn, this document, and any online tools, if any, do NOT provide ANY legal, accounting, securities, investment, tax or other professional services advice and are not intended to be a substitute for meeting with professional advisors. If legal advice or other expert assistance is required, the services of competent, licensed and certified professionals should be sought. In addition, Kris Krohn does not endorse ANY specific investments, investment strategies, advisors, or financial service firms.
The above summary disclosure is provided as an overview, and is not intended to be comprehensive. Additional details are reflected below. See full disclosures here: https://www.kriskrohn.com/epicdisclosure
NO INVESTMENT, FINANCIAL, LEGAL OR TAX ADVICE
The contents of this video are for informational and educational purposes only. They should not be considered investment, financial, legal or tax advice. Kris Krohn is not licensed in the insurance or securities industries and is not in the business of selling, soliciting or negotiating the sale of any insurance contract, security or other investment vehicle.
DISCLOSURE OF FINANCIAL RELATIONSHIP
Mr. Krohn has a financial interest in EPIC Insurance Services, LLC (EPIC), a licensed insurance brokerage agency incorporated in New Jersey, and is compensated by EPIC. See full disclosures here: https://www.kriskrohn.com/epicdisclosure