Ep. 76 How We Built Wealth with Real Estate and Tax Hacks… And You Can Too!
Description
In this episode of the RE Social Podcast, hosts Andrew McCormick and Vince Rodriguez break down powerful strategies for building wealth through tax-efficient real estate investments.
Drawing from a recent coaching call, they dive into cost segregation, bonus depreciation, and other methods to maximize tax benefits while sharing their personal journey of wealth-building over the past six years. They also discuss the value of delayed gratification, the importance of adding value to others, and how they’ve structured their lives to enjoy the freedom of travel, including an upcoming trip to Spain.
Tune in to discover how education, mentorship, and continuous learning can propel you towards your financial goals.
Key Takeaways
00:00 Introduction to the RE Social Podcast
00:19 Exclusive Coaching Insights
01:06 Travel Plans and Personal Background
02:32 Tax Strategies for Real Estate
03:38 Understanding Cost Segregation
07:11 Real Estate Professional Benefits
10:00 Incentives and Tax Code Misconceptions
12:07 Value Creation and Wealth Building
16:22 Client Success Stories and Motivation
18:33 Real Estate Investment Opportunities
19:16 The Power of Providing Value
20:22 Trust in Business Relationships
21:08 The Underdog Phenomenon
24:16 Overcoming Challenges in Real Estate
26:23 The Importance of Taking Risks
30:49 The Value of Coaching and Mentorship
31:27 Excitement for Upcoming Travels
35:30 Final Thoughts
Learn more about AnVi Invest 🏠
RATE US! https://linktr.ee/resocialpodcast
SUBSCRIBE! https://www.youtube.com/@anviinvestment
WEBSITE: https://anviinvest.com/
LINKEDIN: https://www.linkedin.com/in/anvi-investments/
INSTAGRAM: https://www.instagram.com/anviinvest/
FACEBOOK: https://www.facebook.com/anviinvest/