A Powerful Tool of the Wealthy with Brett Swarts - Episode 553
Investing in Real Estate with Clayton Morris | Investing for Beginners
Clayton Morris
4.1 • 1.1K Ratings
🗓️ 27 November 2019
⏱️ 23 minutes
🧾️ Download transcript
Summary
A Deferred Sales Trust is one of the most powerful tools available to real estate investors.This strategy can help you build wealth, defer taxes, and maximize your depreciation benefits. The key to taking advantage of this powerful tax deferral tool is to understand how it works.
On today’s show, Brett Swarts from Capital Gains Tax Solutions is back to break down the Deferred Sales Trust. We'll talk about tax advantages, estate taxes, depreciation schedules, and more. If you want to determine if a Deferred Sales Trust is right for you, don't miss this episode of Investing in Real Estate!
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Transcript
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| 0:00.0 | Welcome into the investing in real estate show. I am Clayton Morris, longtime real estate investor. You are new to the show. This is the show where we help you build financial |
| 0:13.8 | intelligence so you can build financial freedom. Now, I really want you to pay attention to |
| 0:19.3 | today's episode. I think it's one of the more powerful episodes that we've done over the past few weeks because it involves a higher level topic, but I don't want your eyes to glaze over because we've got a great expert on the show who's going to help us. |
| 0:33.7 | I don't want to say dumb it down because it's the wrong way to put it. |
| 0:36.5 | But it is a complicated subject, but it is one of the most powerful wealth building tools in our |
| 0:41.1 | tool belt. |
| 0:41.7 | And we're going to talk about cost segregation today on the show. |
| 0:46.6 | We're going to talk about estate taxes. |
| 0:48.8 | We're going to talk about some high-level stuff here as it relates to a deferred sales trust. Now Brett Swartz is the CEO of |
| 0:54.7 | Capital Gaines Tax Solutions and he is back on the show. He joined this before to |
| 0:58.7 | kind of give us a high-level overview of what he does, how we got it started, but |
| 1:02.4 | I said Brett I want to have him back on, so we can dive a little bit deeper this time on to some of these more nuanced topics. Welcome back to the show, my friend. |
| 1:10.0 | Clayton, thanks for having me. Absolutely. |
| 1:13.0 | Great to have you back and I knew the last time we spoke, I said, man, I'd love to have |
| 1:18.1 | Brett come on sort of in rotation, get him here on the show to really help us |
| 1:21.5 | educate our audience around some of these higher |
| 1:23.7 | level more important topics because wouldn't you say I mean these are some really |
| 1:28.0 | advanced stuff it can really make people's eyes glaze over but my |
| 1:31.4 | those people that pay attention to it really reap the rewards of it, right? |
| 1:35.0 | Yeah, you know, it's kind of like the saying you jump over a dollar to pick up a dime. |
| 1:39.0 | Sometimes these strategies, they're right in the open, but folks are just so focused on what they've done |
| 1:45.4 | before and their habits are so focused on how they've built wealth that they |
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