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Big Fat Real Estate Checks

Ep105: Tax Mechanisms For Creative Real Estate Deals - Marco Kozlowski

Big Fat Real Estate Checks

Marco Kozlowski

How To, Education, Realestate, Business, Investing

5957 Ratings

🗓️ 5 November 2021

⏱️ 31 minutes

🧾️ Download transcript

Summary

In this episode, Marco and his co-hosts, Gabriel and Frank, discuss the differences and similarities between 3 types of retirement accounts from both the USA and Canada. Dial-in and learn how to leverage those mechanisms to make thousands in tax-free income with your investments.

WHAT YOU’LL LEARN FROM THIS EPISODE

  • Types of tax shelters in Canada
  • How does the RRSP swap strategy work?
  • The tax legislation of the USA vs. Canada
  • Pros and cons of Tax-Free Savings Accounts
  • How to use a Roth IRA to make tax-free income?

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Transcript

Click on a timestamp to play from that location

0:00.0

If that $100 deposit and I generate a $200,000 gain from the contract

0:06.8

maturing as an option, I put $100 in, I sold the property for $200,000 more.

0:12.2

It goes back into my self-directed Roth IRA tax-free forever for life.

0:18.8

Welcome to the big fat real estate checks podcast with Marco Kuzlowski.

0:24.0

Where we help investors like you get the knowledge and skills you need to replace your

0:28.5

J-O-B with passive cash flow for life.

0:58.5

In the US and possibly in Canada, now I am Canadian as well as my compatriots here,

1:03.2

and before I get too down the rabbit hole, of course, if this is your first ever podcast,

1:08.4

do not pass-go, do not collect $200, go to the first 10 episodes for sure at least,

1:13.5

and listen to the first 10 and that will explain how we do transactions creatively

1:17.6

without using our own money, using asset-based lending and the objective of this podcast,

1:21.7

of course, is to give you absolute fantastic value, cutting-edge information,

1:26.4

and of course, an entertaining way we believe in edutainment.

1:30.0

And if you like these series, please like it, love it, share it, give us a comment.

1:34.4

We're well over 1,000 now and that makes us very happy on the inside and the outside.

1:39.1

Ah, very nice, I like, and we're always excited to help our community grow and be more informed,

1:46.0

so you can make more money without using money, but skill instead.

1:49.0

So, where were we? Yes, retirement.

1:52.2

Now, I hail from Canada, however, I have very limited knowledge compared to my two compatriots,

1:58.0

since Gabriel is a CPA up in Canada, or was a CPA, retired CPA, however you want to say it,

2:03.7

he's in the retirement stages of being a CPA, you know, he's still in his 20s,

2:07.7

and then we have Frank who worked for the CRA, which is the Community NIRS version,

...

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