WS1929 How To Be Faithful Steward | Eric Most

Welcome back to the daily real estate syndication show. I'm your host, Whitney Sewell, and today we're continuing our enlightening conversation with Eric Most, a stewardship and impact expert. We delve deeper into how to maximize exits, whether it's an asset or a business sale, and how to steward resources more faithfully.Eric shares invaluable insights on how to leverage assets for generosity, emphasizing that most of our wealth is tied up in assets rather than cash. He introduces us to the concept that "friends don't let friends give cash," highlighting the potential of using non-cash assets for charitable giving.We discuss the services provided by the National Christian Foundation (NCF), which helps individuals use complex assets like real estate, business interests, and intellectual property for charitable purposes. Eric explains how NCF manages around $7 billion in such assets, creating tax efficiencies and allowing for more charitable giving.One example Eric provides is how real estate can be used as a charitable funding vehicle. By gifting a portion of a property to NCF, you can receive a fair market value deduction and avoid income taxes on the donated portion, while the proceeds can be directed to your charitable goals.Eric also offers guidance on considering debt levels when gifting assets and suggests that assets with less than 40% debt are typically the best candidates for donation. He encourages listeners to consult with their advisors and an NCF representative to identify the most impactful assets for giving.In closing, I remind listeners of the value of today's episode and encourage everyone to like, subscribe, and share the Real Estate Syndication Show with friends interested in making a difference through real estate.Remember, stewardship and impact go hand-in-hand in real estate syndication, and with the right approach, your assets can create a lasting legacy of generosiAfter interviewing thousands of entrepreneurs, one truth is clear: business success means little if it costs your marriage, family, or faith.I'm now hosting the Courageous Men podcast for men who want to lead well at home and at work. I'm looking for five men to walk closely with who want to lead well at home and work.  Email me at [email protected] and tell me why you should be one of the five. whitneysewell.com  VISIT OUR WEBSITEhttps://lifebridgecapital.com/Here are ways you can work with us here at Life Bridge Capital:⚡️START INVESTING TODAY: If you think that real estate syndication may be right for you, contact us today to learn more about our current investment opportunities: https://lifebridgecapital.com/investwithlbc⚡️Watch on YouTube: https://www.youtube.com/@TheRealEstateSyndicationShow📝 JOIN THE DISCUSSIONhttps://www.facebook.com/groups/realestatesyndication➡️ FOLLOW UShttps://twitter.com/whitney_sewell https://www.instagram.com/whitneysewell/ https://www.linkedin.com/in/whitney-sewell/ ⭐ Be Our Guest!We are continuously working hard to help our listeners with their journey to real estate syndication. If you think you can add value in any way to our listeners who are in commercial real estate, then we’d love to have you over. Apply here: https://lifebridgecapital.com/join-our-podcast/