Why ask: Learning how your mentor handled failures or setbacks will help you gain perspective on the full spectrum of risks and challenges in the field.

Right now, homeowners across the country are seeing record amounts of equity.According to Intercontinental Exchange (ICE), the average homeowner with a mortgage has $319,000 in home equity.Why Have Homeowners Gained So Much Equity?

Now they want to put the properties into RE Gain Fund, LLC UpREIT (which appears to have been established in 2023). 

If you paid under $230k, you’d save $30k in federal capital gains taxes and maybe another $15k or more in state income taxes.

I personally spend about 50K a year in masterminds and always get my money back just through network of individuals you get access to.

I will explore the refi avenue to access the equity.

If you’re interested in investing in real estate, you can consider doing so with a Self-Directed IRA to defer taxes on capital gains until you actually withdraw the funds from your IRA.

With new regulations in Canada like the flipping tax and property gains tax, I want to be mindful of the risks involved. 

However, after accounting for long-term capital gains tax and other expenses, you would be left with $150k which is important to budget and account for.

Could help you save some serious $$ if buying and selling there and can also get you access to their MLS systems.