We thought we had wrapped up this series by explaining how we reached financial freedom and became full-time real estate investors. But then we realized it would be a huge disservice to you to leave the impression that after we reached our Freedom Number, everything was rainbows and unicorns. Real estate is passive to an extent, but there are a lot of systems we’ve had to put in place in order to make our business run smoothly.
In this bonus video, Natali and I are sitting down to talk about all of the intricacies of running a real estate business. We’ll talk about finding the right legal and tax teams, and our experience with setting up trusts. If you want to learn some of the high level ninja tricks we’ve learned in our investing career, this video is for you!
Show notes: http://morrisinvest.com/episode271
How to Pay Off Your Mortgage in 5 Years by Clayton and Natali Morris: https://goo.gl/bJezA1
Tax-Free Wealth by Tom Wheelwright: https://goo.gl/uovvWL
ProVision Wealth Strategists: https://goo.gl/koxM4s
Entrusted by Andrew Howell and David York: https://goo.gl/48btE9
York, Howell, & Guymon: https://goo.gl/wH2kpK
EP190: What Is Passive Loss and How Can You Use It on Your Taxes?: http://morrisinvest.com/episode190
EP139: It’s Tax Time: Repairs vs. Improvements – Interview with Tom Wheelwright: http://morrisinvest.com/episode139
BOOK A CALL WITH OUR TEAM TODAY AT MORRIS INVEST: https://goo.gl/EbDRWj
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DISCLAIMER: I am not a financial adviser. I only express my opinion based on my experience. Your experience may be different. These videos are for educational and inspirational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. There is no guarantee of gains or losses on investments.
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