Archive for May, 2016
What do Fishing and Real Estate Have in Common?
Posted on May 10, 2016 byOne day I wanted to go fishing to a new spot. I knew where it was but had no clue as to how to get there from where I was at the time. I could have used a GPS if I had the address. I could use technology but Google maps needs to know the general area where I wanted to go. Another option, I could just ride out in the general direction and hope to see something I recognized. I could go old school and get a folded map. My time is money so I needed to go out there and get the fishing done, have my fun and relax. Then get back in time to meet my coaching clients for a discussion of how to create inventory fast, efficiently (low effort high return), and effectively (cost effectively). I needed the most direct route to get to the fishing spot with no time to loose, which maximizes my efforts and gets to the sweet honey fishing hole fast. I chose the old tried and true method. It would get me there. The good news was the map was only 12 years old.
Well the fishing was great and the method of maximizing the fun worked. You are asking yourself “why do I care about your fishing”? Because fishing is similar to creating inventory! You must do the right presentation to get the fish to be interested in what you have to offer and catch the fish or land the deal. So if you are offering cash to the seller, they might be interested unless they have a big tax liability, have done a loan modification, and have 2 years before they can sell. If you offer fair market price in cash the owner will definitely be interested (however you will not be able to sell it or turn a profit). I use artificial bait when I fish (creative financing). I also do catch and release (wholesale). It takes a certain magic to look like the real thing, smell like the real thing, and get the fish to strike (close the opportunity and get paid)! Read More→
BIGO Webinar Replay: How to Get Started Investing in Real Estate with Don DeRosa
Posted on May 7, 2016 bywith Don DeRosa Recorded April 27, 2016
The Beginning Investors Group Online (The “Big O” or BIGO) is an new online educational group that currently meets on the 4th Wednesday for new investors who are just getting started in real estate investing as well as “new again” real estate investors who’ve taken a few years off and are looking to get back in the game.
We will be bringing in local and national real estate experts to teach new investors how to survive and thrive in our ever changing economy and real estate market. The entire purpose of this group is to help new investors get their first deal and help new again investors get their next deal.
Don DeRosa helped us kick off our first meeting of the Beginning Investors Group Online on Wednesday, April 27th at 7:00PM ET. Don is a full-time, active real estate investor, mentor and trainer who specializes in all types of real estate investing such as wholesaling, creative financing on pretty house deals, rehabbing and retailing, rentals, short sales, foreclosures, new construction, private lending and much, much more. Watch the meeting replay of Don at BIG Online as he teaches you the quickest and easiest way to get started in the real estate investing business with limited time and funds. Watch the Webinar Replay Now! Read More→
Tampa REIA Meeting – May 12, 2016
Posted on May 7, 2016 byat the Doubletree Suites Tampa Bay
William Noll Esq.
Tampa REIA Members Can Attend for FREE.
Guests Can RSVP Online Now for $15 or Pay $20 at the Door.
Join us this Thursday, May 12th at 6PM at the Tampa REIA Meeting at the Doubletree Suites Tampa Bay located at 3050 North Rocky Point Dr West in Tampa, FL where our special guest speaker will be William “Bill” Noll. Bill is an attorney and CPA currently working at Noll & Company, CPA’s and he operates a separate law practice focused on tax compliance and tax-related litigation. William has a breadth of experience which gives him the ability to understand many different facets of business disputes and tax controversies.
At this meeting, Bill is going to reveal a hidden path for real estate entrepreneurs to create enormous tax savings and build millionaire wealth all while protecting their assets using LLC’s and trusts.
At the meeting you will learn…
- How to use the LLC & Trust Asset Protection System
- A complete system for the formation, organization and operation of an LLC in all states without expensive lawyers
- How to have ironclad protection of your personal assets and valuables
- How to save substantial amounts of taxes every year
- How to defend yourself against IRS attacks
- How to prevent legal disputes and save thousands in legal fees
- How to successfully operate your real estate business
- How to legally and safely deduct real estate education expenses
- How to use commonly overlooked tax deductions
- How to sell properties tax-free via 1031 Exchange
- And much, much more!
TAKE ACTION and RSVP for this Meeting Now! Come join us to learn how to improve your real estate investing business and your financial life!
Tampa REIA Members Please RSVP on Meetup.com
All this is happening at the Tampa REIA Main Meeting on Thursday, May 12th at 6PM at the Doubletree Suites Tampa Bay located at 3050 North Rocky Point Dr West in Tampa, FL. We are looking forward to seeing you at the meeting!
As always, Tampa REIA Members can attend the event at no charge and Non-Members can Register Online for $15 or pay $20 at the door. Be sure to bring your business cards and flyers and join us for an evening of real estate deals, vendors, networking, education and fun! See you there!
WIN A 4 NIGHT STAY IN CANCUN: All participants who attend the Tampa REIA Meeting will be entered into a drawing for a chance to win a *Complimentary 5 Day, 4 Night Stay in Cancun! *You must be present at the meeting to win. Giveaway does not include dining, transportation, transfers, taxes, upgrades, etc.
*Please Note: Meeting agenda is subject to change.
After the conclusion of the Tampa REIA Main Meeting (around 9:30PM), we will be reconvening at Whiskey Joe’s Bar & Grill located at 7720 West Courtney Campbell Causeway in Tampa for the “Meeting after the Meeting”. Come eat, drink, network and have fun with us as hang out late into the night on Tampa Bay!
The Total Wealth Protection Workshop – May 14, 2016
Posted on May 7, 2016 byThe Total Wealth
Protection Workshop
A Full Day Double Header Workshop with Attorney William Noll
May 14th from 9AM-5PM
Doubletree Suites Tampa Bay
3050 N Rocky Point Dr W, Tampa, FL
Join Attorney William Noll on Saturday, May 14th from 9AM to 5PM at the Doubletree Suites Tampa Bay for Seven Hours of Building Wealth, Paying Less Taxes, Entity Structuring and Stopping Lawsuits Dead in their tracks!
At this Total Wealth-Protection Workshop, Willam will teach you…
- Finally, the Total Solution for Total Protection for all of your assets, personal and business, without adverse tax consequences, without IRS audits risk, without over complexity, and without costing a fortune!
- Why an LLC for every property is not only expensive, but still does not totally protect you. You will learn a much better, easier and more affordable strategy that you will love!
- Learn about the Insurance Myth – 13 liabilities that insurance does not cover which could lead to an expensive legal action. How to protect your family against these dangerous liabilities.
- How a properly structured LLC still protects your personal assets, even if you manage your own properties. This will blow your mind!
- Learn the truth about Nevada Corporations and which state is best for forming an LLC.
- Why TV and Radio promotions for sites like Legal Zoom may not be the best solution for your entity structuring.
- Get access to the most effective legal documents, empowering your LLC to be an impenetrable fortress of asset protection!
- How to avoid the costly, irreversible disasters of not having your LLC set up properly.
- Why wholesalers can be prone to legal actions as much as landlords and how to avoid this.
- How your LLC can fully and safely deduct education and other startup expenses, even if you have never done a deal yet or already setup your LLC!
- PRIVACY POWER – How to be off the public records in any state when setting up your LLC.
- Why you must avoid other entities (including S-corps) that are a tax disaster and an IRS audit trap.
- Find out more about “Offshore” accounts.
- How to audit-proof your returns against costly, time-consuming, aggravating IRS audits
- Use the miracle of “Componentizing” to triple your depreciation deductions with no cash outlay to create paper loss deductions and dramatically increasing your tax-free cash flow.
- Fully deduct these paper losses against your other income with no limit, regardless of the paper loss amount, regardless of your income, even if you have a full time job…without IRS audit flags.
- How to retroactively save on overlooked deductions that can save you thousands of found money.
- How to totally avoid the costly consequences of being a dealer, even with a large number of flips.
- Show to sell your properties tax-free and keep all of your profits.
- How to avoid inept CPA’s who cost you more than the IRS!
- Have access to the best real estate CPA’s in the country.
- How to get a free tax-return review for the potential of getting back refunds of past paid taxes. It’s like free government money, you can use to invest for more money!
- Real world case studies and much, much more!
Don’t expect this workshop to be a bunch of boring legal-ease. Instead it will be a fun, informative and dynamic presentation with the most powerful protection strategies you will not get anywhere else! Don’t miss this opportunity to hear from a foremost wealth-protection expert or risk losing thousands in taxes and/or legal expenses. Seating is limited so register now!
William Noll
Posted on May 7, 2016 byWilliam “Bill” Noll is a lawyer and CPA currently working at Noll & Company, CPA’s and he operates a separate law practice focused on tax compliance and tax-related litigation.
Bill has a breadth of experience which gives him the ability to understand many different facets of business disputes and tax controversies.
Bill worked as an Assistant District Attorney in Chester County, Pennsylvania (a suburb of Philadelphia) from 1992 to 1994. During that period of three years he was prosecuting cases on a daily basis. In 1994, Bill transitioned to private practice in a Chester County. For the next ten years he worked as a litigator trying dozens of cases to verdict. Bill’s litigation experience was in the context of criminal defense, white collar crime, tax compliance and general commercial litigation. Bill was also chosen as a panel member of the Criminal Justice Act Panel for the United States District Court for the Eastern District of Pennsylvania to represent defendants in federal prosecutions in multi-defendant conspiracy cases. Read More→
