No Liability Holiday Challenge - Episode 552
Investing in Real Estate with Clayton Morris | Investing for Beginners
Clayton Morris
4.1 • 1.1K Ratings
🗓️ 25 November 2019
⏱️ 12 minutes
🧾️ Download transcript
Summary
This holiday season, my family and I are inviting you to join our No Liability Holiday Challenge. This is an opportunity to break away from the massive consumerism that the holiday season encourages. It is also a way to give more meaningful gifts.
On this episode of Investing in Real Estate, you'll learn all about the No Liability Holiday Challenge and how you can join. I'll share the rules, a list of gift ideas, and what you can gain from participating.
Book a call with our team: https://go.oncehub.com/morrisinvest
Transcript
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| 0:00.0 | Welcome in everyone to the Investing in Real Estate Show. I am your host |
| 0:09.8 | Clayton Morris. This is Motivation Monday for the week of Thanksgiving. Let me be one of the first |
| 0:15.8 | people to wish you a happy Thanksgiving in the United States. That's this Thursday, one of my favorite times |
| 0:20.8 | a year. I love getting together with the family, watching some football. |
| 0:24.7 | We're going to have some family visiting us. I'm super excited about it. Some friends coming over for their very first |
| 0:29.7 | Thanksgiving. They've never had a Thanksgiving before. They're international. So we're |
| 0:34.2 | going to show them what it's like with all the fixins. I'm so excited for that. |
| 0:38.0 | This week though, I want to talk about liabilities and I want to throw down the gauntlet on today's |
| 0:43.8 | motivation Monday episode a no liabilities challenge now I'll get into that in just a |
| 0:50.0 | second but if you are new to the show please go ahead and hit the |
| 0:53.2 | subscribe button we are ranked as one of the top business podcasts in the world and I'm |
| 0:58.1 | so thankful for that thank you all for your kind five-star reviews we teach you how to build wealth here on the show. That's what we do. |
| 1:05.1 | Now we don't do it through Bitcoin and stock market and all that other stuff. We teach you how to do |
| 1:10.1 | it with the number one asset that's available to us as human beings and that's real estate. |
| 1:16.8 | By performing cash flowing real estate that produces monthly cash flow for you and your family for the rest of your life. |
| 1:25.1 | The tax benefits are the best. |
| 1:28.8 | The tax code was written in the United States and most of the world actually to benefit real estate |
| 1:34.8 | investors. And with the new tax code that went into effect last year, fully into |
| 1:40.1 | effect actually in 2019 it was written and kind of went into effect but |
| 1:43.5 | really 2019 is the first full year that we get to experience this real estate |
| 1:48.2 | is the best way to build wealth. So I want to in this holiday season throw down a bit of a |
| 1:55.4 | challenge. Now this is something that we have done in our family mostly. We're not |
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