053: Multifamily Investment Club Market Update with Michael Young about Inflation and Tax Code Changes
Episode description
The past two years have been quite a ride, especially with the Covid-19 hit. Now that we have conquered the challenges and hurdles thrown at us due to circumstances brought by the pandemic, we continue to keep moving forward and prepare ourselves for the upcoming battles that await us.
[00:01 – 10:13] Market Update
- How to spot the signs that it’s time to move forward
- We talk about Inflation and the recent Tax Code changes and how this will affect investors
[10:14 – 14:58] Become Recession Proof
- Become recession-proof by partnering with us!
- Why brokers bring off-market deals to us
[14:59 – 24:26] Inflation and Budgeting
- Is inflation good for real estate investors?
- How inflation will affect the market, home buyers, renters, and investors.
[24:27 – 31:28] Closing Segment
- We talk about the 1031 Exchange and Passive Losses
- Why investors should take advantage of this time to start making their moves
- Final thoughts
Tweetable Quotes:
“Why wait for taxes to go up when you can offset [your] gains with some amazing losses.” – Sam Newell
Connect with Michael and Princeton Pacific Properties at https://www.princetonpacific.com/
Subscribe to the podcast on Apple, Spotify, and Google.
Follow me on the following platforms: LinkedIn, Facebook, Instagram, and YouTube
Tune In and Become Recession Proof!