Expert Network Team
Expert Network Team
Jeff Krommendyk, Mike Miller, Karl Frank, Nathan Merrill
Episode 43: Real Estate for Retirement Income
21 minutes Posted Nov 23, 2021 at 11:05 pm.
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Show notes
Real Estate for Retirement Income Liner Notes
Join Karl Frank, CFP as he interviews Mike Miller, CPA and Nathan Merrill to talk about a very popular retirement income strategy: real estate. Today we are talking about the pros and cons and the ins and out of passive rental income. Karl is a rookie at owning commercial real estate and asks the experts, both of whom are income-producing real estate owners and have decades of experience counseling real estate investors. Here are just a few of the questions you can get answers to:
Should I own it or try to fix and flip the real estate? Pros and cons for different real estate strategies, especially during retirement.
How do I transfer it to another real estate--the 1031? And some advanced questions and answers about these tax rules.
What is the deal with long-term capital gains? What is “boot” and why do I care?
Pros and cons of hiring a property management company compared to doing it myself.
And what is this talk about trusts--and other complicated ways to own real estate?
Real estate has particular risks and offers potential rewards for the investor. Learn more about Real Estate Investment Planning.