27-Year Depreciation Cycle, Renting To Yourself, Annual Retirement Income, And Lane's Take On Dave Ramsey's 'Baby Steps The Wealth Elevator Podcast: Real Estate, Taxes, Investing podcast

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27-Year Depreciation Cycle, Renting to Yourself, Annual Retirement Income, and Lane's Take on Dave Ramsey's 'Baby Steps

The Wealth Elevator Podcast: Real Estate, Taxes, Investing

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published 10M ago

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Maximizing Your Investment Strategy: Advanced Tips Beyond Dave Ramsey's Baby Steps

This week's episode breaks down listener questions on tax strategies, the significance of the 27-year depreciation cycle for rental properties, renting a property to oneself using an LLC, and understanding annual retirement income. In addition, Lane critiques Dave Ramsey's 'Baby Steps', offering insights tailored for high-net-worth individuals. Learn why sophisticated investors should play a different game with a focus on maximizing returns and strategic asset allocation. Subscribe to The Wealth Elevator and elevate your financial journey!

00:00 2024-08-18 20-57-57

06:37 Renting Property to Yourself via LLC

07:57 Irrevocable Trusts and Asset Protection

15:23 Evaluating Retirement Income Needs

19:47 Investment Strategies for Newbies

25:29 Conclusion and Final Thoughts

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