Real Estate Loopholes: Secrets of Successful Real Estate Investing (Rich Dad's Advisors) - Softcover

Kennedy, Diane; Kiyosaki, Robert T.; Sutton, Garrett

Softcover

ISBN 10: 0446691356 ISBN 13: 9780446691352

Publisher: Warner Business Books, 2003

Synopsis

A guide to profitable real estate investing identifies the factors that make it successful, examining three "keys" of successful real estate investment including selection, taxation, and protection. Original. 40,000 first printing.

About this title

About the Author

Garrett Sutton is an attorney, best selling author and oneof Robert Kiyosaki's Rich Dad Advisors. A clear and engaging writer, Garrettdemystifies legal topics and presents them in an understandable and accessiblemanner.

Garrett has over thirty years of experience inassisting individuals and businesses to protect their assets and advance theirfinancial goals. He wrote"Loopholes of Real Estate.""Start Your Own Corporation," "Run Your Own Corporation,"and "The ABC's of Getting Out of Debt" among other titles.

Garrett owns CorporateDirect.com. RobertKiyosaki calls Garrett and Corporate Direct "the premiere source forasset protection strategies."

Garrett attended Colorado College and theUniversity of California at Berkeley, where he received a B.S. in BusinessAdministration. He graduated with a J.D. from Hastings Law in San Francisco. Hehas appeared in the Wall Street Journal, the New York Times and is a frequentlecturer. For more info, please visit corporatedirect.com and sutlaw.com.

From the Back Cover

Real Estate Loopholes illustrates how to:

• Open the seven tax loopholes available only to real estateowners
• Close the legal loopholes of unlimited personal liability
• Select the right property in local markets
• Protect your assets from tenants and creditors
• Determine the best way to hold title to your real estateinvestments
• Use your own home as a tax free money making venture

From the Inside Flap

Do you want to know a secret?

Do you want to know a secret about loopholes that allowssuccessful real estate investors to do so well?

You don't have to be a genius to understand and apply theseloopholes. You just have to be willing to follow a proven path toward success.Basically, you need to be smart about following what others have used to theiradvantage before you.

The truth about real estate loopholes is that there are twotypes of them. From a tax standpoint there are real estate loopholes to beopened. The Tax Code, as put forth by Congress and the IRS, encourages certainreal estate activities. Smart investors know how to open these loopholes totheir maximum advantage.

From the legal side there are real estate loopholes to beclosed. There is liability and risk associated with owning real estate, leadingto loopholes of increased personal liability and responsibility for the claimsof others. These legal loopholes must be closed in order to gain assetprotection and to best protect yourself and your family.

How can I learn these secrets, you ask? and how can I applythem?

The secrets of real estate loopholes are not handwritten onaged parchment, locked in a dark and inaccessible vault and guarded by hugerabid dogs, fed by the rich and powerful as a way to exclude all newcomers. Tothe contrary, although not set out everywhere, the important loopholestrategies - the ones you must know - are found in the pages of this book.

In using these loopholes you have to be willing to combinethe experience of others with the specifics of your own situation. This is nothard to do. In all aspects of our lives we synthesize and apply information. Butunlike most other activities, by learning when to open loopholes and when toclose them, you are going to significantly improve your results as a realestate investor.

Edition details

• Publisher: Warner Business Books
• Publication date: 2003
• Language: English
• ISBN 10: 0446691356
• ISBN 13: 9780446691352
• Binding: Paperback
• Number of pages: 240