Bob has been around long enough to have seen more than one real estate bubble. Yes there has been more than one, it's just that this one is really big. And Bob predicted it and had disposed off all his rental property by 2004. Folks laughed at Bob saying "You are too conservative." Those same folks now call Bob a genius, and would have loved to have gotten 2004 prices for their properties!
How did Bob know? It's because Bob stays tuned to the industry, constantly polling his clients and experts in the real estate industry about what they are doing, and what they are seeing, and (without sharing names, of course) shares that information with all his real estate clients.
Bob calls this learning it from the "Old Guard" and sharing it with the "New Guard." By the old guard Bob means those seasoned veteran real estate developers, investors, sales agents and others who made a lot of mistakes, learned from those mistakes, made an absolute killing during the bubble and have made it through the bubble's burst with the bulk of their wealth intact. Bob also knows you can learn just as much from those that didn't survive.
Now there is a new guard coming into the market, the folks that didn't lose their house, made good money at their day jobs and now they have some cash accumulated and they are seeing the same things Bob is seeing - low interest rates, property values at prices far below the cost to build and it just screams "OPPORTUNITY."
Do your current financial advisers know how the real estate market works? Do they know to help you take advantage of these opportunities? Do they share their client's positive and negative experiences with you ? Have they been real estate investors themselves?
Bob has expertise working with all of the following -
- Sales and Purchases
- Tax-Free Sec. 1031 (Starker) Exchanges
- Turning Ordinary Income Into Capital Gain
- Condemnations - Actual and Threatened
- How to Hold Your Real Estate
- Choice of Entity
- Dealer Versus Investor Status
- Increasing Your Deductions
- Cost Segregation Studies
- Real Estate Professional Status
- Troubled Real Estate
- Getting "Trapped" Real Estate Out of a Corporation
- Foreclosure or Workout Studies
- Real Estate in Bankruptcy
- Other Real Estate Issues
- Tax Benefits of Owning Your Own Building
If it has to do with real estate, Bob's worked with it. Bob's clients have been involved in:
- Commercial office, retail and industrial development and operation
- Single family rentals
- Multi-family rentals
- Homebuilders - Production and Custom
- Land development
- Real estate brokers -Commercial and Residential
- Mortgage brokers
- Property Management - Commercial and Residential
- Mortgage pools
- REITS
RESOURCES
Bob has begun building an online library of articles, flowcharts and worksheets to help you optimize the tax aspects of owing real estate. See the links below:
