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9 August 2017 | 58 replies
I am a retired tax attorney so I always think about how to save on taxes because I saw how such a structure can make a huge difference today and in the long run Since I retired relatively young I wanted freedom, no hassles and safe long term income Btw I retired relatively young (many years ago) thanks to investing in real estate and paying usually no more than 15% in tax to compound my returnsSo my suggestion to you, if and when you inherit the $10mil net is:1) Move to Puerto Rico (best tax incentives for US citizens and Carribbean weather plus direct flights to many US cities inexpensively) 2) Invest in the funds there that deal with historic properties 3) you will make 8% tax exempt income per year with no tax, no hassles, and no problems Way better than municipal bonds or anything else You can private message me and I can share with you how I have done it and where Btw I would not do flips (too much work)I would not buy Apt Bldgs (too many hassles) I would stay away from cold places and move to Carribbean weather or at least a warm place like California PR Florida of Puerto Rico is not so exciting for you I would certainly stay away from any direct debt or leverage and just enjoy health through good food, sleep and exercise and happiness through positive goals and good relationships All the best
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17 March 2023 | 12 replies
Long-term I would love to have financial freedom by investing in real estate.
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22 March 2023 | 10 replies
You would still get the sweat equity, and you wouldn't put off getting into your property for 1-2 years while still having to rent somewhere, which is not furthering your financial freedom situation.
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11 August 2021 | 27 replies
The one I recommend most is for sale on Amazon for $8.95: "The Busy Professional's Guide to Passive Real Estate Investing: A physician's path to building wealth, creating financial freedom and leaving a legacy Paperback – December 7, 2019 by Vanessa Peters MD (Author)".
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30 September 2021 | 4 replies
Like many of you, I have a strong desire for financial freedom for me and my family.
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30 August 2020 | 7 replies
But my dream has always been to get into real estate for the financial freedom qualities.
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22 March 2023 | 3 replies
There is a path to financial freedom through real estate, keep pressing forward.Links: https://www.consumerfinance.go...https://www.consumerfinance.go...I hope this helps.Let me know if I can help further.
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13 March 2023 | 0 replies
This pays for all my expenses and allows me to get a little taste of financial freedom.
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20 January 2021 | 4 replies
Currently have one rental property so far but plan to scale enough towards my financial goals/financial freedom.
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24 March 2023 | 0 replies
This property is the one that made me hit my "Freedom Number".