30: Bernard Reisz - ReSure Financial

Brandon Bruckman welcomes Bernard Reisz, Chief Education Officer at ReSure, highlighting his unique approach to real estate, tax, and financial education.Tax Strategies:The conversation covers key tax strategies, including 1031 exchanges, cost segregation, and real estate retirement accounts. Bernard emphasizes transparency and due diligence.Risk Considerations:They discuss the long-term impact of tax decisions, introducing the concept of the "turkey problem" to illustrate the deceptive nature of perceived risk.Audit Risks and Compliance:Complexities of audit risks are touched upon, emphasizing adherence to the tax code. The conversation stresses the importance of a competent CPA in decision-making.Bernard's Background:Bernard shares his unconventional path into real estate through captive insurance, highlighting his role as a tax and financial education expert.Practical Application:The episode explores practical applications of self-directed retirement accounts for real estate investors, focusing on due diligence and asset location.Tax Planning and DSTs:Bernard Reisz discusses tax planning, cost segregation, and DSTs, emphasizing insights into cost segregation and due diligence for DST investments.Syndication Transparency:Concerns about transparency in real estate syndication prompt a call for self-regulation and industry oversight.Conclusion:The conversation concludes with emphasizing the value of tax education, transparency, and strategic planning for real estate investors. Connect with Bernard Reisz at reshorefinancial.com.Social Links:Podcast: The Retiring Real Estate InvestorFollow us on Instagram: @InvestWithInsightFollow us on Facebook: @InvestWithInsightFollow Brandon on Linkedin: @BrandonBruckmanJoin the Facebook group: Invest with InsightListen on Spotify: The Retiring Real Estate InvestorListen on Apple: The Retiring Real Estate InvestorIf you're looking to learn more about DSTs, 1031 exchanges and passive investing, visit www.investwithinsight.comThe firm is a registered investment adviser with the states of KS, MO, WI, CA, AZ, TX, LA, and may only transact business with residents of those states, or residents of other states where otherwise legally permitted subject to exemption or exclusion from registration requirements.