CW 432: Real Estate Investing Advice & Income Property Tour of Birmingham Alabama with Jason Hartman

Today’s Creating Wealth Show is all about the ins and outs of real estate investing. Jason Hartman discusses what you can do to find your way on the path to wealth and how you can make the most of taxation (really!), before going on to see what a bullet-proof property in Birmingham, Alabama really looks like with their local property expert, ahead of November’s Property Tour.    Key Takeaways 1.45 – The path to wealth lies in diminishing our wants as we simultaneously increase our incomes. 07.05 – With taxation being everyone’s single largest expense, we need to find a way of working that in our favor. 10.05 – Depreciation tax deduction is, without a doubt, great for real estate investors. 14.04 – Income property gives you the benefit of trading assets through your life without paying taxes – legally. 19.43 – Yet another benefit is that travel expenses such as gourmet restaurant dinners and luxury hotel stays can sometimes be tax deductible. Even trips to the Creating Wealth Seminars and Property Tours could be deductible! 23.05 – Be sure to keep subscribing to the Creating Wealth Show to get access to a bunch of new interviews with amazing, upcoming guests. 25.32 – Centre Point, Alabama is known as a great rental market due to its great school system and fantastic renters living locally. 29.03 – Tenants will be selected for initial leases based on how well they fit to specific criteria. 32.25 – As real estate investors, we’re interested in linear markets, but you should still follow the trends of the cyclical markets.   33.53 – Head to www.JasonHartman.com for detailed proformas and more property information.