️ In the latest Ask Joe episode, attorney Joe Seagle explores the intricacies of using anonymous LLCs for real estate ownership in Florida. While these structures can provide privacy, Joe warns of the risks associated with excessive anonymity. While anonymity offers privacy, it can also lead to significant risks, such as financial losses and title defects, especially if a fraudulent property transaction occurs. He underscores the importance of using a third-party trustee, like those available fo...
Aug 23, 2024•12 min•Season 2Ep. 26
A seller who financed their property through seller financing is wondering if they can take a quitclaim deed back from a buyer who can no longer make payments However, this approach carries significant risks. Accepting a deed in lieu of foreclosure could trigger substantial documentary taxes, and there’s a risk of the borrower declaring bankruptcy. Additionally, other creditors might have liens on the property, and there could be code enforcement violations to address. ️ In this Ask Joe Anything...
Aug 16, 2024•9 min•Season 2Ep. 25
️ In this episode of Trust This, attorney Joe Seagle sits down with Vas Persaud, CEO of EcoVision Homes, to explore their mission of providing affordable, energy-efficient homes for middle-income Americans. Vas explains the crucial difference between workforce housing and affordable housing and why we need affordability across all price ranges. Tune in as Vas shares how EcoVision Homes keeps construction costs low without compromising quality or energy efficiency, the importance of customer feed...
Aug 08, 2024•33 min•Season 2Ep. 24
Thinking of dissolving your LLC? Before you do, join attorney Joe Seagle in this eye-opening episode of Ask Joe. Discover why dissolving an LLC too soon can expose members to personal liability and learn why it's crucial to keep your LLC open for at least five years after your last business activity. Joe explains how keeping your LLC active can protect you from lawsuits and financial obligations. If your LLC handles real estate transactions through land trusts, dissolving might be safer since th...
Aug 08, 2024•8 min•Season 2Ep. 23
In this episode of Ask Joe, Attorney Joe Seagle discusses how to navigate lawsuits against a dissolved land trust. Joe explains that if a land trust has been dissolved and someone sues the trust, there is usually no need to hire an attorney or defend the action because the land trust no longer exists and has no assets. However, if the plaintiff tries to go after the beneficiaries, there is no clear answer in Florida law. In the past, attempts to go after beneficiaries after the trust has been te...
Aug 01, 2024•6 min•Season 2Ep. 2
Welcome to another episode of Ask Joe! ️ Attorney Joe Seagle answers one of the most frequently asked questions: how to take title to your real estate. Joe recommends that married couples take title with both spouses as "tenancy by the entirety" for maximum asset protection. This means if one spouse faces legal issues, the property remains protected. For unrelated parties, joint tenancy with rights of survivorship or tenants in common are common options. However, forming an entity like an LLC or...
Jul 26, 2024•4 min•Season 2Ep. 1
In this episode of Ask Joe, Attorney Joe Seagle explains what a 1031 exchange is and how it benefits investors. A 1031 exchange allows investors to defer capital gains tax and depreciation recapture tax by replacing an investment property with another property. Joe highlights the importance of holding the replacement property for at least two tax years and ensuring it is held as an investment property, not a second home. Renting out the property and advertising it as a rental is crucial to prove...
Jul 19, 2024•9 min•Season 1Ep. 20
The Loper-Brite case, overshadowed by other events, will have a significant impact on the way businesses operate in the United States for the next 40 years. The case involves the determination of who should pay for federal monitors on fishing boats. The Supreme Court's decision in the Loper-Brite case overturns the Chevron doctrine, which previously allowed federal agencies to interpret and enforce laws passed by Congress. This decision will lead to a reevaluation of existing regulations and a p...
Jul 12, 2024•34 min•Season 1Ep. 19
Ginny Adkins opens up about her inspiring journey in real estate investing and highlights the crucial role women play in the industry. She shares her experiences with the investor group and underscores the need for more women agents to collaborate with investors. Ginny passionately talks about the power of education, the value of networking, and the importance of finding the right partnerships in the world of real estate. She doesn't shy away from discussing the challenges she faced during the G...
Jul 05, 2024•44 min•Season 1Ep. 18
In this episode of Ask Joe Anything, Real Estate Attorney Joe Seagle, covers two main topics: mortgage porting and new HOA regulations. Mortgage porting is the process of moving a mortgage from one property to another with the same borrower, allowing homeowners to keep their low interest rates when buying a new property. The discussion explores the concept of mortgage porting, its benefits, and the need for guidelines and procedures from lenders and government agencies. Joe then transitions to n...
Jun 20, 2024•26 min•Season 1Ep. 17
In this episode of Ask Joe Anything, Real Estate Attorney Joe Seagle discusses the Do's and Don'ts of wholesaling. He explains that wholesaling involves investors getting properties under contract at a low price and then assigning the contract to an end buyer for a fee. He emphasizes the importance of advertising the property as an assignment of contract to avoid practicing real estate without a license. Joe also addresses recent legislation in South Carolina that some believe will end wholesali...
Jun 13, 2024•34 min•Season 1Ep. 16
The money lady Candace Griffin is a Central Florida native with a background in Real Estate, Self- Directed IRA’s, Private Capital, and Finance. This experience is what led her to establish Griffin Investment Strategies as a Premier Commercial Lending Company specializing in helping borrowers harness opportunities they would have otherwise missed out on through creative financing. In this episode of Trust This, Candace discusses her journey as a problem solver in finding the right capital for re...
Jun 06, 2024•49 min•Season 1Ep. 15
Joe Seagle interviews Bernadeau Charles about his experience in multifamily real estate. Bernadeau is a distinguished multifamily real estate operator known for his exemplary track record and deep expertise in identifying and evaluating value-add properties In 2022, he skillfully closed a significant transaction involving a 66-unit condo portfolio, further demonstrating his analytical prowess and reinforcing his reputation as an expert in the underwriting of value-add multifamily properties. Ber...
May 30, 2024•39 min•Season 1Ep. 14
Caleb Paull, a networking guru, shares his story and pro tips on networking for success. He emphasizes the importance of authenticity, empathy, and curiosity in building meaningful relationships through networking. Caleb discusses the value of asking sincere and unique questions in networking and sales, rather than relying on cliché conversations. He also highlights the significance of setting attainable goals and following up with people after networking events. Caleb suggests keeping physical ...
May 17, 2024•1 hr 6 min•Season 1Ep. 13
Kait Doulou is the founder of Build Ventures USA, a vertically integrated company that offers full-service construction, real estate agency, and property management. Her company caters to all types of investors by providing turnkey services from acquisition to construction to exit strategy. Kait and Joe discuss the importance of listening to clients and understanding their goals and exit strategies. She also highlights her company's involvement in sustainable building practices and affordable ho...
May 10, 2024•55 min•Season 1Ep. 12
In this episode, Joe Seagle answers questions about land trusts and provides insights into their benefits and processes. He explains how a land trust differs from other forms of property ownership, the process of setting up a land trust, the tax implications of owning property through a land trust, and the ability to homestead a property in a land trust. Joe also discusses the importance of anonymity in land trusts and the potential issues that can arise from too much anonymity. In this conversa...
May 03, 2024•49 min•Season 1Ep. 11
Join Joe Seagle and Assad Ahmad from Fitbiz CPAs as they delve into essential tax strategies and tactics for small business owners and real estate investors. Based in sunny Florida, Fitbiz CPAs specializes in tax services for investors. Assad breaks down key tax deductions for real estate investors, emphasizing the benefits of the real estate professional status election and the short-term rental loophole. By leveraging strategies like bonus depreciation, investors can drastically reduce their t...
Apr 18, 2024•28 min•Season 1Ep. 10
Asad Ahmad, founder of FitBiz CPAs, shares his journey of building a specialized CPA firm for real estate investors. He started his career at big four accounting firms but became interested in real estate investing and saw a need for CPAs in the industry. Ahmad quit his job, started FitBiz CPAs, and focused on networking and building relationships with real estate investor associations. He emphasizes the importance of discipline, stoicism, and meditation in managing the ups and downs of entrepre...
Apr 12, 2024•36 min•Season 1Ep. 9
Don’t miss our roundtable discussion on the NAR Settlement and its implications on the real estate profession hosted by our very own, Joe Seagle! Our experts panelists discuss the role of buyer's agents and the value they bring to the transaction. The conversation highlights the importance of education and professionalism in the industry. Overall, the participants believe that while there may be some changes, the real estate market will continue to thrive. The conversation explores the potential...
Apr 08, 2024•1 hr 12 min•Season 1Ep. 8
In this conversation, Joe Seagle interviews Jason DeBono, the President of NuView Trust Company. They discuss the concept of self-directed IRAs and how NuView allows investors to diversify their portfolios beyond traditional investments. They also talk about the implementation of the Entrepreneurial Operating System (EOS) and how it has helped NuView scale and improve their processes. Jason shares the importance of culture in the company and how EOS has played a role, especially in light of a re...
Mar 22, 2024•42 min•Season 1Ep. 7
Ricardo Rosales shares his journey from troubled teen to successful entrepreneur in the real estate industry. He started flipping houses after being inspired by a TV show and used his W-2 job to secure financing. However, he faced challenges and learned valuable lessons along the way. After becoming a real estate entrepreneur, he realized the importance of serving others and started a virtual assistant (VA) company called Top of the Line VA to help real estate investors grow their businesses. Ri...
Mar 15, 2024•1 hr 3 min•Season 1Ep. 6
In this conversation, Anderson and Nick discuss their journey as business partners and the strategies they have implemented to make their partnership successful. They talk about the importance of trust, communication, and complementary skill sets in their partnership. They also share their experiences in real estate investing and the lessons they have learned along the way. The conversation highlights the significance of having a clear vision, adapting to challenges, and building strong relation...
Mar 07, 2024•42 min•Season 1Ep. 5
In this episode we hear from New Beginnings Title Company founder and CEO, Katie McGinnis as she unravels her rules of success, one innovative step at a time! Join Joe Seagle and Katie McGinnis on a journey back to 2020, where Katie embarked on her entrepreneurial adventure armed with nothing but determination and a shoestring budget. Despite the pandemic's challenges, Katie and her team didn't just survive – they thrived! They discuss the challenges of keeping up with changes in the industry, t...
Feb 29, 2024•36 min•Season 1Ep. 4
Greg Bond shares his journey from single-family homes to commercial properties, including the challenges and successes he encountered along the way. Greg is a successful commercial real estate investor and property management guru. He started out in his family’s map-making business. But when technology made paper maps obsolete, Greg learned how to educate himself on new ideas so he’s comfortable with taking risks. He started out in residential but he’s quickly shifted into industrial real estate...
Feb 23, 2024•45 min•Season 1Ep. 3
Alex Quezada is a real estate entrepreneur social media star. His background in timeshare sales taught him how to take “no” for an answer but never give up. He’s now one of the most successful players in the personal storage real estate game, and he shares how he’s learned that focusing on who, rather than how, has helped him relinquish control, focus on the big picture, and scale his business as he shoots for $100 million in assets. He discusses the challenges he faced, the lessons he learned, ...
Feb 15, 2024•44 min•Season 1Ep. 2
Tom Lehmann jumped into real estate after leaving the health food industry. He has quickly moved from renovating and wholesaling to manufactured home construction and development. He shares how resilience and not letting 'perfect' become the enemy of good enough has helped him to start scaling his business in ways he’d never dreamed. Get ready for an electrifying journey into the dynamic world of entrepreneurship and leadership! Our Master Series is not just a show; it's an immersive experience ...
Feb 06, 2024•52 min•Season 1Ep. 1
