Hi Chandler I’m interested in the course but I’m wondering about the format. Is it one day only or can we access it as we have time? Are their resources that we can print off in the course? Is it videos on ur website? Thanks!
Just purchased course, excited to start! You are the most transparent real estate youtuber I have watched. I love how you give the good and the bad information about your deals and even admit when you make mistakes.
I'm a newer investor in real estate and nearing my 20 years in the military and looking forward to retiring and reinvesting my time into my family. I absolutely love your videos and how easily you articulate some of the most complicated items in real estate. I just purchased your course and look forward to July 10th! Thank you again! -Donald
Been watching all your videos Chandler! Very informative! We are barely starting our real state business, so we just bought your course!! Looking forward into it. Thank you for your time and all you do man!
New to this channel but I see in the comment section you have a very loyal fan base and I can tell you know what you're talking about. Earned subscriber and possibly course subscriber! Keep it up!
Absolutely brilliant -- great video! Been watching all kinds of "how-to's", and by far your content has been thorough, yet simple to understand for those unexperienced (such as myself). Keep em' coming and stoked to dive into your course!
2:18-3:00 is all marketing but I respect it. Once you start studying marketing the whole fomo look how much you’re saving really starts to stand out. Great video tho!
MIND BLOWN! Thanks for the great info Chandler. We're under contract for our first duplex and this gives us more of a reason on why we picked the right vehicle to start investing in!
You have been such an inspiration and i am currently getting my RE salesperson licenses. You convey all this information so well and cant wait to get my course.
I’m getting a pre-approval for my first property, I so nervous and scared. I going to keep pushing forward to become financially free! Thank you for these videos, most of it is confusing but with time I’ll get it. Again thank you for keeping it simple.
It's good to know the depreciation is only for the value of the structures (i.e. the purchase price minus the value of a vacant lot is the amount for depreciating).
What are the best ways to get loans for rental properties? Just signed up for the course! I hope we cover lots of tax tricks and also will you go over the management companies? What to look for and at what prices. Thank you
Chandler, looking at the tax rate table you have, looks like you didnt put your properties in LLC? Do you have properties in LLC? Would you share your LLC experience with us if you have one? Thank you.
There’s no other greater joy than having financial freedom and a life free of debts, all thanks to Mr Nicholas, cause he made me who I am today through forex trade. He has helped me a lot with his trading strategies which helps me to earn $27,550 weekly. I really appreciate it and can't help but let others know about it because it is so suitable anyone can trade from anywhere and anytime, you can reach Mr Nicholas on Instagram @nicholas__fxtrade or Whats App :+1(518) 633-5966. for more info. his indeed a God sent. now i don't need to be working 9-5 .
Thank you chandler but I have a Quick question once you buy it once will you have unlimited full access to the course without a expiration date that way if your not ready to start investing now and just want to educate yourself now then To feel more comfortable you can then when your ready in the future you can look back at the courses any time and also can I watch the courses on my phone if I am on the go all the time ? Thank you please reach back to me love your videos
Can wait for July 10th! Thanks for sharing your knowledge! Please help me on this, I am approved to buy a four plex and already had one house at 50% equity, should I sell my house and get the money so I can use the money to buy more properties? Or keep it and buy the second property. thanks again!
Depends on what your house is cash flowing but if there’s a way to just refinance your house and buy new properties now would be the time to do it. Interest rates are unreal
I would like to know if it is common in a "land contract" to not see a finished home before you agree on a set price to pay for that home. I have been offered such a deal, but I feel uneasy because how can I be sure the finished product will be worth the asking price. I am sure you know this, but I mean land contract as in purchase the property as seller financed for a fixed period to bypass the bank.
You could price your course at $500 but I would never pay more than $100 for an online course anyway! I don't care how good the material is or how skilled you are. $100 tops.
Hey Chandler, Thanks for the videos and for all the advice you give on RUclips here. I'm really looking forward to this course. Also I'm here south east Idaho as well do you ever attend any of the REIA meeting here?
I love videos like this keep them up. I'm currently working on rehabing my second rental I think I'll go with the brrr strategy so I can buy a 3rd maybe a 4th property before the end of the year.
Might have missed the video, but have you done a "1031 Exchange How To", a lot of my questions are in the weeds though, like when do you tell your lender when getting pre-approved you want to do a 1031 exchange as a down payment, who/where do you find a Qualified Intermediary(QI), should the QI be located in the area you are selling your property to do the exchange on, or should they be located in the area where your replacement property is. Side question, do you do most of your work in Idaho Falls? I interned out at INL and it was a pretty sweet place to live/work, a lot of people back east thought Idaho was just a bunch of farms/potato, but I learned that's not the full story being so close to the Tetons/having the Sawtooths
Chandler - I like the videos! I like the content! And I love you brother! Do you envision having the course material accessible, after course completion? Thinking reference materials, etc.?
Chandler David Smith You’re the man! I can’t wait for the material to drop - cheers to July, my friend! Also - I love the reading material in the background of the latest videos ✊🏽✊🏽✊🏽 (fist bump)
If you buy mix used building with at least 20% income from commercial (eg rent for a store) and the rest from appartement you can do the bonus depreciation on 100% of the value of the repairs you do to the building in year 1. If you spouse is declared as Real Estate professional you can offset all the depreciation from your W2 income / earned income. Valid until 2023.
You would actually only pay CAPITAL GAINS tax on the $100,000 that you profited, not 37% (ordinary income). To get technical, you would pay capital gains at 15% on the 100k, then a depreciation recapture tax on the 100k depreciation at 25%. But I agree that 1031 Exchange is the holy grail of real estate tax benefits!
This is one of the best explanation about the benefit of investing in real estate. I'd like to sign up for the course. Anything else I need to know please?
Great video Chandler. Do you mean you don't pay tax on your monthly cash flow even if you cash it out to use for something else than reinvesting it into RE?
So love this!!! Thank you! Very well explained! I am so interested of buying the course. This is my first time - how does that work when you buy the course? I am not that techy also - I think I am doomed, huh!
Gotcha! I did buy it just a while ago... Hope I can learn a lot. Just about to close our very first rental property - not an expert - so my husband and I just chose a single property and somebody is waiting to rent it already. Any suggestions in how to make the contracts? Or should I hire a lawyer for that?
Wow I' m just shock someone mentioned expert Mrs Patricia I thought I' m the only one trading with her. She helped me recover what I lost trying to trade my self
Thanks for introducing me to Mrs Patricia My first investment with Mrs Patricia gave me profit of over $24,000 us dollars and ever since then she has never failed to deliver and I can even say she's the most sincere broker I have known
Who's this professional everyone is talking about I always see her post on top comment on every RUclips video I watched, I think I'm interested how can I get in touch with Mrs Patricia
@@ChandlerDavidSmith love the detailed videos. I personally think they are a tad bit slow but maybe that's from watching other people. Won't stop me from watching your content though!
Hey Chandler, love your stuff and will be pre-ordering the course today ! Make sure to set up a facebook pixel on your landing page and start running retargeting ads from FB to re-capture a large portion of people that won't have purchased. Your product has the potential to help out a ton of people! You owe it to yourself to constantly have it in their faces hahaha... Take care!
Let’s say I have two houses one I can sell early 2021 for a possible profit of 150,00. The 2nd unit I currently live in for the past year(I moved out the 1st one in 10/2019) can possibly sell for a profit of about 25 to 30,000 how would you go about these sales to pay less taxes to Uncle Sam as possible?
Yo Chandler! I’m 22 years old, 750+ credit, no debt, and $120,000 in cash from working overseas. If you could be in my shoes right now, which avenue would you use to start? I’ve been reading and learning for years, but what would you do? I live in NorthEast Alabama near Huntsville. SOLID market.
I would definitely get into real estate! If I was single I would try and find a duplex or four Plex to live in and buy another duplex or four Plex. Both of my first year because that one of them I could get for super cheap down
Hey chandler, What state are most of your rental property located? I’m a new realtor located out in Los Angeles and would like to start investing in rental property. Thanks for all your contents!!
Love the channel you can thank #thestradman I subbed since the day you bought his 2020 corvette. I have been wanting to get into real estate for quite sometime a i belive this will help me! Also will you be continualy be adding to the course overtime? That would be awesome 👌! And add to the course a "Screening for the right tenant's".
hey chandler im just 18 right now, maybe it will take me 3 or 4 years before I start using this course and start investing, my question is , if I buy it now do I get to keep it?
okay so im 18 about to get my real estate license and im planning on investing as soon as i can. should i get the course now, i have the money i just dont know if i should get it or not🤦♂️ but i really trust you
The course is especially good for new investors because it starts from the very beginning of the process. It may be of good use to you now because you’ll have all of your systems in place from the start so you won’t run into as many hiccups later on. Congrats on getting your license! That’s great!
Great channel. I’m new investor. I’m a travel nurse. I’m looking to invest my money so the government doesn’t take all our money in taxes. If I am half owner on a property with my mom, she put me the deed, I am renovating home to rent it out and hoping to take off all renovations etc on my taxes. Do I need to be sole owner first? I’m forming an LLC because I plan to be an investor and still work part time as a nurse. Hubby and I are making mad money right now. I can’t give it all to taxes. Help??
Isn’t it a bit dangerous to have property that’s consistently depreciating? I’m a little bit lost here because I wouldn’t want a property like that. Also it sounds like a strategy experienced investors could make. Why would you want to use this strategy regularly? It seems like the tax system is ridiculously complex for no real reason.
It's depreciating on paper, the value isn't actually decreasing in the amount of "accounting depreciation". Think about it, all houses that you see that are climbing in value, are depreciating on paper because accounting rules need to document how much value is left based on an assets "useful life". RE is generally straight-line depreciated over 30 years to 0, though at year 30, it's definitely not worth 0.
I’m confused. When you said you’re using the properties so you don’t have to pay taxes on your active income. You would still have to pay a portion of taxes for your active income. When you use depreciation against your active income, that allows you to move to a lower tax bracket, and only works against a portion of your active income. However, using the properties against your active income, does not fully exempt you from not paying taxes on ALL of your active income. Unless I’m missing something? The way you worded it sounded like you don’t have to pay taxes on your entire active income.
![How I Turned $10,500 into $210,000 at 19 (in 90 days) [Beginner Real Estate]](http://i.ytimg.com/vi/fnFWKmDGGUU/mqdefault.jpg)
![[SFM] Risky Recital](http://i.ytimg.com/vi/RzNkY1_Nk3o/mqdefault.jpg)
Go to 5:10 if you don’t want to hear about my new course! That’s where we dive into the taxes! Thanks again for all of your support!
Thanks man
Way worth it, love your content!
Hi Chandler
I’m interested in the course but I’m wondering about the format. Is it one day only or can we access it as we have time? Are their resources that we can print off in the course? Is it videos on ur website? Thanks!
Just purchased course, excited to start!
You are the most transparent real estate youtuber I have watched. I love how you give the good and the bad information about your deals and even admit when you make mistakes.
Thank you so much! That really means a lot!
How did it go?
This is the best video I’ve found that explains taxes and how it works! Thanks Chandler for this video and all your other ones
I’m glad you liked it!
You shouldn't be ashamed of selling your knowledge. This is awesome bro!
I'm a newer investor in real estate and nearing my 20 years in the military and looking forward to retiring and reinvesting my time into my family. I absolutely love your videos and how easily you articulate some of the most complicated items in real estate. I just purchased your course and look forward to July 10th! Thank you again! -Donald
Thank you so much! I’m excited to see how you like it!
Been watching all your videos Chandler! Very informative! We are barely starting our real state business, so we just bought your course!! Looking forward into it. Thank you for your time and all you do man!
Thank you! Let me know how you like it!
@@ChandlerDavidSmith sure will!
Got the course and I am excited! Love your videos Chandler! Keep it up bro!
Awesome! I hope it’s a great resource!
You just took something extremely dry and boring and made it understandable and interesting. You are a true hero 🙏
Thank you! Means a lot!
I continue to watch, because of your honesty, and factual information.
Thank you so much!
@@ChandlerDavidSmith If we buy now, do we get access to anything added later on?
New to this channel but I see in the comment section you have a very loyal fan base and I can tell you know what you're talking about. Earned subscriber and possibly course subscriber! Keep it up!
Thank you so much! Really means a lot!
Absolutely brilliant -- great video! Been watching all kinds of "how-to's", and by far your content has been thorough, yet simple to understand for those unexperienced (such as myself). Keep em' coming and stoked to dive into your course!
So glad you liked the video - and I hope you like the course even more! So much more content 👍
your channel has been so helpful... thank you
2:18-3:00 is all marketing but I respect it. Once you start studying marketing the whole fomo look how much you’re saving really starts to stand out. Great video tho!
Great video man. Thanks for the knowledge
You’re the man Chandler 😊👍just the topic I needed 🥳I just subscribed!
MIND BLOWN! Thanks for the great info Chandler. We're under contract for our first duplex and this gives us more of a reason on why we picked the right vehicle to start investing in!
Love it! Thank you!
You have been such an inspiration and i am currently getting my RE salesperson licenses. You convey all this information so well and cant wait to get my course.
Thank you! Means a ton!
I’m getting a pre-approval for my first property, I so nervous and scared. I going to keep pushing forward to become financially free! Thank you for these videos, most of it is confusing but with time I’ll get it. Again thank you for keeping it simple.
Congratulations! That’s great!
It's good to know the depreciation is only for the value of the structures (i.e. the purchase price minus the value of a vacant lot is the amount for depreciating).
Very valid point
I bought my first investment property a few months ago, because of your channel!
Thanks so much!
What are the best ways to get loans for rental properties? Just signed up for the course! I hope we cover lots of tax tricks and also will you go over the management companies? What to look for and at what prices. Thank you
Great value in this video. Absolutely going to sit down with my accountant and set-up a long term plan to maximize my tax benefits. Thank you!
Wonderful!
This is great stuff. Thank you Chandler!!!!
Thank you!
Chandler, looking at the tax rate table you have, looks like you didnt put your properties in LLC? Do you have properties in LLC? Would you share your LLC experience with us if you have one? Thank you.
There’s no other greater joy than having financial freedom and a life free of debts, all thanks to Mr Nicholas, cause he made me who I am today through forex trade. He has helped me a lot with his trading strategies which helps me to earn $27,550 weekly. I really appreciate it and can't help but let others know about it because it is so suitable anyone can trade from anywhere and anytime, you can reach Mr Nicholas on Instagram @nicholas__fxtrade or Whats App :+1(518) 633-5966. for more info. his indeed a God sent. now i don't need to be working 9-5 .
Hi, I own a few properties in Norway, but want to learn more about buying in the US, so I just purchased your course. Great and explanatory video.
Thank you!! Hopefully you love it!
I bought the course. Seems like a great value.
Thank you so much! I really hope you enjoy it!
I just seen the ad for the course can i still get it for the $99
Send me pm on insta
@chandlerdavidsmith
Thank you chandler but I have a Quick question once you buy it once will you have unlimited full access to the course without a expiration date that way if your not ready to start investing now and just want to educate yourself now then To feel more comfortable you can then when your ready in the future you can look back at the courses any time and also can I watch the courses on my phone if I am on the go all the time ? Thank you please reach back to me love your videos
Of course! You’ll have access forever 🙌🏼
Okay thank you and also can I access course from my phone if I’m not at home as much to watch from laptop ? Like if I’m on the go a lot
Definitely the best video!
Thanks CDS! Thoroughly explained.
Can wait for July 10th! Thanks for sharing your knowledge!
Please help me on this, I am approved to buy a four plex and already had one house at 50% equity, should I sell my house and get the money so I can use the money to buy more properties? Or keep it and buy the second property. thanks again!
Depends on what your house is cash flowing but if there’s a way to just refinance your house and buy new properties now would be the time to do it. Interest rates are unreal
Chandler David Smith. I refinanced in March at 3% and need 10 years to pay off. I owe 87k and can sell in 175k :)
I would like to know if it is common in a "land contract" to not see a finished home before you agree on a set price to pay for that home. I have been offered such a deal, but I feel uneasy because how can I be sure the finished product will be worth the asking price. I am sure you know this, but I mean land contract as in purchase the property as seller financed for a fixed period to bypass the bank.
Will definitely be purchasing this course😎🙌
🙌🙌
You could price your course at $500 but I would never pay more than $100 for an online course anyway! I don't care how good the material is or how skilled you are. $100 tops.
Hey Chandler,
Thanks for the videos and for all the advice you give on RUclips here. I'm really looking forward to this course. Also I'm here south east Idaho as well do you ever attend any of the REIA meeting here?
I love videos like this keep them up. I'm currently working on rehabing my second rental I think I'll go with the brrr strategy so I can buy a 3rd maybe a 4th property before the end of the year.
Let’s go!!! Get it!
Does buying the course can be deducted in your LLC rental property business? True first timer here! Thanks.
For sure! Business expense 🤑
9 more courses and you'll be on Meet Kevin's level
Facts lol
Hahaha
Don't forget 3 stimulus videos a day 😏
Ha,ha,ha
What company do you use to identify the cost of appliances etc.?
They are an accounting firm that does just cost segregation
Loved the last video and looking forward to this one. Looking at a home tomorrow and hoping it will be our first investment property.
Congrats! That’s great!
Might have missed the video, but have you done a "1031 Exchange How To", a lot of my questions are in the weeds though, like when do you tell your lender when getting pre-approved you want to do a 1031 exchange as a down payment, who/where do you find a Qualified Intermediary(QI), should the QI be located in the area you are selling your property to do the exchange on, or should they be located in the area where your replacement property is.
Side question, do you do most of your work in Idaho Falls? I interned out at INL and it was a pretty sweet place to live/work, a lot of people back east thought Idaho was just a bunch of farms/potato, but I learned that's not the full story being so close to the Tetons/having the Sawtooths
So net worth and net income are two different things when it comes down to real estate investment ?
Chandler -
I like the videos! I like the content! And I love you brother! Do you envision having the course material accessible, after course completion?
Thinking reference materials, etc.?
Yes! It will be available forever! Thank you so much! That’s very kind!
Chandler David Smith
You’re the man! I can’t wait for the material to drop - cheers to July, my friend! Also - I love the reading material in the background of the latest videos ✊🏽✊🏽✊🏽 (fist bump)
If you buy mix used building with at least 20% income from commercial (eg rent for a store) and the rest from appartement you can do the bonus depreciation on 100% of the value of the repairs you do to the building in year 1. If you spouse is declared as Real Estate professional you can offset all the depreciation from your W2 income / earned income. Valid until 2023.
Does this also applies to property tax? I believe you mentioned it but I wasn’t sure on it.
Thank you any advice and reply
Nope
Thanks for the reply, that helped a lot! Keep up the content it been helping considering I’m on my quest on the first property
You would actually only pay CAPITAL GAINS tax on the $100,000 that you profited, not 37% (ordinary income). To get technical, you would pay capital gains at 15% on the 100k, then a depreciation recapture tax on the 100k depreciation at 25%. But I agree that 1031 Exchange is the holy grail of real estate tax benefits!
This is one of the best explanation about the benefit of investing in real estate. I'd like to sign up for the course. Anything else I need to know please?
I’m glad you enjoyed it! The course will go much more in depth on this as well as a lot of other topics
I love all of your videos bro shout out from Philippines 💯👊
Thank you!! 👊🏻
Just pre-ordered the course and it drops on my daughters birthday... that's gotta be a sign 😅. I'm to EXCITED!!!
Let’s goo! Thank you and please tell her happy birthday from me! It’s going to be a great day!!
Man! Love the energy!
Is this course going to include funding/fiancing the rental properties and also structuring a business to the rental properties?
Yes and yes!
can the depreciation be done with primary residence or is just on rentals?
Great video Chandler. Do you mean you don't pay tax on your monthly cash flow even if you cash it out to use for something else than reinvesting it into RE?
Just got it, cant wait!
So love this!!! Thank you! Very well explained! I am so interested of buying the course. This is my first time - how does that work when you buy the course? I am not that techy also - I think I am doomed, huh!
It’s very easy to use. It just gives you access to all of the course videos!
Gotcha! I did buy it just a while ago... Hope I can learn a lot. Just about to close our very first rental property - not an expert - so my husband and I just chose a single property and somebody is waiting to rent it already. Any suggestions in how to make the contracts? Or should I hire a lawyer for that?
Chandler do you think you'll ever do a discounted sale on your course again?
Shoot me a dm on insta and I’ll hook you up. Price will only go up moving forward but I will take car of you if you follow on insta and message me
Excellent content brother!! I'm in New York but I'm gonna move to Utah and would like to visit in Idaho 👌🏾stay strong!!
Thanks so much! Do it!
Mrs Patricia is legit and her method works like magic I keep on earning every single week with her new strategy
Wow I' m just shock someone mentioned expert Mrs Patricia I thought I' m the only one trading with her.
She helped me recover what I lost trying to trade my self
I think I'm blessed because if not I wouldn't have met someone who is as spectacular as expert Mrs Patricia
I think she is the best broker I ever seen
Thanks for introducing me to Mrs Patricia
My first investment with Mrs Patricia gave me profit of over $24,000 us dollars and ever since then she has never failed to deliver and I can even say she's the most sincere broker I have known
Mrs Patricia is obviously the best, I invested $3,000 and she made profit of $28,000 for me just in 15 days
Her success story is everywhere
Who's this professional everyone is talking about I always see her post on top comment on every RUclips video I watched, I think I'm interested how can I get in touch with Mrs Patricia
as always, set speed to 1.25 for speed-learning!
Fair haha
@@ChandlerDavidSmith love the detailed videos. I personally think they are a tad bit slow but maybe that's from watching other people. Won't stop me from watching your content though!
Should I pay someone like Legal Zoom to setup my LLC or should I do it myself? I plan to have it pay corporate taxes. What would you recommend?
Always great content!!!
Thanks so much!
Video starts at 5:30
Please make more of these tax videos, thank youuuuu for the content!
Will do! Thank you!
Hey Chandler, love your stuff and will be pre-ordering the course today ! Make sure to set up a facebook pixel on your landing page and start running retargeting ads from FB to re-capture a large portion of people that won't have purchased. Your product has the potential to help out a ton of people! You owe it to yourself to constantly have it in their faces hahaha... Take care!
Thanks so much! Will do!
I'm in. Looking forward to the courses. Thank you.
Thank you!! I hope you love it!
Ordered the course. It would be great if you had it on a app to learn on the go, maybe a app for your whole site.
I’ll see what I can do! Thank you!!
Let’s say I have two houses one I can sell early 2021 for a possible profit of 150,00. The 2nd unit I currently live in for the past year(I moved out the 1st one in 10/2019) can possibly sell for a profit of about 25 to 30,000 how would you go about these sales to pay less taxes to Uncle Sam as possible?
Yo Chandler! I’m 22 years old, 750+ credit, no debt, and $120,000 in cash from working overseas. If you could be in my shoes right now, which avenue would you use to start? I’ve been reading and learning for years, but what would you do?
I live in NorthEast Alabama near Huntsville. SOLID market.
I would definitely get into real estate! If I was single I would try and find a duplex or four Plex to live in and buy another duplex or four Plex. Both of my first year because that one of them I could get for super cheap down
17:06 😂😂😭😭
Chandler, is the course like an E-book or a bunch of videos to learn from? Looking forward to it
Bunch of videos. I’ll probably add an e-book with it just so that it’s very navigate -able. Haha
Got your Course! Ready for the 10th so I can dive I to that! Thanks!
Sweet!
I keep getting an error when I try to purchase the course and ideas why?
Shoot me a dm on insta. That’s weird. Now one else seems to be having that issue
@@ChandlerDavidSmith I got it to work.
Polling. All in calls or puts this week?
You've given so much value already, hard not to buy the course! Looking forward to it :)
Thanks so much! Means the world! I’ll keep it coming!
I’m in Canada does it still work (The classes)
Definitely!
Stoked!! Just signed up
I’m excited for you! I hope you love it!
Hey chandler,
What state are most of your rental property located? I’m a new realtor located out in Los Angeles and would like to start investing in rental property. Thanks for all your contents!!
In Idaho!
Do a video about Depreciation on income?
It will be in the course!
And potentially on the channel down the road
Just bought the course
Let’s gooo! Thanks!
Love the channel you can thank #thestradman I subbed since the day you bought his 2020 corvette. I have been wanting to get into real estate for quite sometime a i belive this will help me!
Also will you be continualy be adding to the course overtime? That would be awesome 👌! And add to the course a "Screening for the right tenant's".
Yes and yes! The course will consistently be added to an screening tenants will be part of the course!
hey chandler im just 18 right now, maybe it will take me 3 or 4 years before I start using this course and start investing, my question is , if I buy it now do I get to keep it?
Yep! Forever. I’ll be continuing to add to it throughout the years as I find things that need to be updated as well
If you’re ever going to buy it now is the time because it’s going to become a lot more expensive as time goes on
@@ChandlerDavidSmith thank you i appreciate it Chandler
I close on my first MultiFamily property on July 10th. This must be a sign
Congrats!
okay so im 18 about to get my real estate license and im planning on investing as soon as i can. should i get the course now, i have the money i just dont know if i should get it or not🤦♂️ but i really trust you
The course is especially good for new investors because it starts from the very beginning of the process. It may be of good use to you now because you’ll have all of your systems in place from the start so you won’t run into as many hiccups later on. Congrats on getting your license! That’s great!
Chandler David Smith thanks man 🙏 i got the course, cant wait for july 10th
I'm getting the course, I've also purchased other course. But they still leave a lot for interpretation.
Thanks so much! I’ll make it happen for you!
Great channel. I’m new investor. I’m a travel nurse. I’m looking to invest my money so the government doesn’t take all our money in taxes. If I am half owner on a property with my mom, she put me the deed, I am renovating home to rent it out and hoping to take off all renovations etc on my taxes. Do I need to be sole owner first? I’m forming an LLC because I plan to be an investor and still work part time as a nurse. Hubby and I are making mad money right now. I can’t give it all to taxes. Help??
99$ damn !!!!!!!! That’s amazing
Would like to buy the course but I'm only 16 :(
Never too early to start!
Will the course be lifetime access?
Yep
I’m sold! Hope this helps you further your dream and start mine!
Do you think mobile home investing is a good way to start off ?
Could be but not my jam. Those depreciate very quickly. If you’re buying a park it can be a great investment though
Chandler David Smith never thought about buying the trailer park , thanks for the advice! Very helpful
Early release...I am all in. Consider it done.
You are the best! Thanks
Isn’t it a bit dangerous to have property that’s consistently depreciating? I’m a little bit lost here because I wouldn’t want a property like that. Also it sounds like a strategy experienced investors could make. Why would you want to use this strategy regularly? It seems like the tax system is ridiculously complex for no real reason.
It's depreciating on paper, the value isn't actually decreasing in the amount of "accounting depreciation". Think about it, all houses that you see that are climbing in value, are depreciating on paper because accounting rules need to document how much value is left based on an assets "useful life". RE is generally straight-line depreciated over 30 years to 0, though at year 30, it's definitely not worth 0.
Your kids would get a step-up in basis on your properties so they wouldn’t have a taxable gain.
I like it! I don’t know how that stuff works ha ha I should probably research it but my kids will be fine 😜
I’m confused. When you said you’re using the properties so you don’t have to pay taxes on your active income. You would still have to pay a portion of taxes for your active income. When you use depreciation against your active income, that allows you to move to a lower tax bracket, and only works against a portion of your active income. However, using the properties against your active income, does not fully exempt you from not paying taxes on ALL of your active income. Unless I’m missing something? The way you worded it sounded like you don’t have to pay taxes on your entire active income.
L J I think he means to say he doesn’t pay as much as he could with the way he’s doing it.
Fabiola Antoine Fabiola, thank you! That’s what I’m thinking too. I want him to be clear though, I want him to write back.
@@ChandlerDavidSmith Check out the book Tax Strategies For The Savy Real Estate Investor. It discusses this point.
God bless you .
Isn't your entire youtube channel the same thing as this course?
No paypal option :( I want to enroll.
Not yet! Just credit card for now but I should have other options set up once the actual course is released. You just get a better deal now 😬
@@ChandlerDavidSmith just enrolled. I cant wait to learn more.
Kevin is going to be pissed when he sees this 😂😂😂
In the course please add what is the best resources to do rental rehab 😁
Great idea!
I am feared so much in investing i always run from it
Just gotta make the jump!
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yeah bought my property, 2 years later depreciated over 3 x value😎😎😎
Oh wow I've never been this early
Well done!!