Randal:

Are you looking for a shelter? Stay tuned. 

Welcome back to Stay Focused, Focus Real Estate's weekly video series and since it's tax season, I'm gonna be talking to you about taxes. I know it's your favorite subject. 

This is what I'm hearing from people when I'm talking to people, I'm hearing people say the stock market is here. Housing prices are here. 

Where do I put money? I know that sounds horrible, right? But there's people out there that don't know what to do with their money. Also with the tax rates being what they are, what can we do to shelter? That's what we're here to talk about is a shelter. 

Given that, have you thought about an investment property as a way to shelter some of your equity? Whether it be the equity in your home or some cash that you have sitting around that you really don't feel like putting in the stock market. Have you thought about putting it into a property? 

Right now, rents are at extremely high levels and are not going to decline at any time in the near future. So is this your opportunity to buy an investment property? 

Although expensive as they are, rents are trending in the same way. And even if they break even, you know what you have at the end of the day, you have a small business. 

This government loves people with a small business. And what that entitles you is a lot of write offs that you don't have as a W2 employee. 

So if you have some money sitting around that you would like to invest in a different way, what better shelter could you find than getting a tax break for owning a business, property ownership, putting your money in that and allowing it to grow. 

And then you've got this double, triple, quadruple effect of you've got a renter in this unit, in this home, in this multifamily paying for your asset over the next 30 years, right? So you put X amount in, and then you go to sell it in 30 years and you get all of the appreciation that somebody else paid for. 

Just food for thought, if you're thinking about making an investment, having a shelter, this might be your opportunity to do that and increase your net worth and plan for the future. 

I hope that's thought provoking for you. 

If you have any questions, feel free to reach out. 

And until next time, stay tuned and stay focused.