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Ken McElroy Show

Evaluating the Tax Proposals & What it Means for Real Estate Investors

Ken McElroy Show

Ken McElroy

Business, Investing, Education, Business News, News

4.8692 Ratings

🗓️ 5 September 2024

⏱️ 21 minutes

🧾️ Download transcript

Summary

Ken and Danille McElroy are back from the Limitless Conference. In this episode, they discuss the proposed tax plans of each of the presidential candidates and what they mean for real estate investors.

• • • 

Visit Ken's Bookstore: https://kenmcelroy.com/books
 
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ABOUT KEN: Ken is the author of the bestselling books The ABC’s of Real Estate Investing, The Advanced Guide to Real Estate Investing, and The ABC’s of Property Management. With over two decades of experience in real estate investing, Ken McElroy is passionate about sharing the good life by helping real estate investors grow and prosper. This podcast is a place for Ken to discuss numerous topics connected to real estate investing, including finance, budgeting, the entrepreneur mindset, and creating passive income. Ken offers a wealth of personal experiences, practical advice, success stories, and even some informative setbacks, all presented here to educate and inspire. Whether you’re a new or seasoned investor, the information and resources on this channel will set you on a path where you and your investments can thrive.
 
Ken's company: https://mccompanies.com
 
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DISCLAIMERS: Any information or advice available on this podcast is intended for educational and general guidance only. Ken McElroy and KenMcElroy.com, LLC shall not be liable for any direct, incidental, consequential, indirect, or punitive damages arising out of access to or use of any of the content available on this podcast. Consult a financial advisor or other wealth management professional before you make investments of any kind.
 
Although Ken McElroy and his affiliates take all reasonable care to ensure that the contents of this podcast are accurate and up-to-date, all information contained on it is provided ‘as is.’ Ken McElroy makes no warranties or representations of any kind concerning the accuracy or suitability of the information contained on this podcast. Any links to other websites are provided only as a convenience and KenMcElroy.com, LLC encourages you to read the privacy statements of any third-party websites. All comments will be reviewed by the KenMcElroy.com staff and may be deleted if deemed inappropriate.

Comments that are off-topic, offensive, or promotional will not be posted. The comments/posts are from members of the public and do not necessarily reflect the views of Ken McElroy and his affiliates.
 
© 2024 KenMcElroy.com, LLC. All Rights Reserved.

Transcript

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0:00.0

Welcome to the Real Estate Strategies podcast.

0:02.8

Let's get right into this episode.

0:04.6

There's a chance that Harris could win the November election.

0:08.3

And as I always say, you got to play in the system you're dealt with.

0:12.4

So let's go over the tax proposals so we can see how it will affect all of us.

0:16.5

Anyways, today we're going to talk about how Kamala's tax proposals could affect real estate.

0:22.8

And we want to get Ken's perspective on it because it's really interesting.

0:25.6

We know this is all over the internet guys.

0:27.6

Like it's a little surprised, but it's an interesting topic.

0:31.1

Yeah, absolutely.

0:32.3

So let's start, and it's not a political video, by the way.

0:36.1

You know, we're just trying to.

0:37.3

It is what it is. Yeah. It is what it is.

0:38.0

Yeah, it is what it is.

0:39.0

She might win.

0:39.7

We have to be realistic and we got to go over this.

0:41.6

I've been investing through blue, red.

0:43.6

Like the last 16 years, blue's been in 12 of the 16, you know, blue's been in charge.

0:49.1

So it doesn't matter.

0:50.3

You can invest, but each one does have a different view. Yes, absolutely.

0:54.7

So let's start with this big thing where she's saying,

0:57.3

first time homebuyers could get a $25,000 credit,

...

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