
Ride the Wealth Elevator with Lane Kawaoka
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In this insightful episode of "Get Your Fill," host Christine McCarron welcomes Lane Kawaoka, a 3-time bestselling author and real estate magnate with over $2.1 billion in rental units. Lane, who started his journey after an early career disillusionment, shares his unique path from accidental landlord to empowering busy professionals to build passive income through strategic real estate investments. He candidly discusses how he leveraged his initial home purchase into a robust portfolio, highlighting theimmense power of rental real estate to generate returns through tenant mortgage payments, tax benefits, appreciation, and cash flow – far surpassing the typical 401K.
Lane debunks common myths about real estate investing,emphasizing that true wealth isn't found in flipping houses or REITs, but in direct ownership and understanding tax advantages like depreciation and cost segregation. He explains how these strategies, often used by the wealthy, cansignificantly reduce tax burdens for high-income earners and how assembling a competent team of professionals, such as property managers and CPAs, is crucial for maximizing returns and minimizing risks. This episode is a must-listen foranyone seeking to transition from traditional employment to a life of financial independence through smart, passive real estate investments.
Connect with Lane:
theWealthElevator.com/master https://www.amazon.com/dp/B0D39GNY84?ref_=pe_93986420_774957520
Watch the video: https://youtu.be/mmWZCC4pJ1k
#RealEstateInvesting #PassiveIncome#WealthBuilding #FinancialFreedom #TaxStrategies