Real Estate Loopholes: Secrets of Successful Real Estate Investing (Rich Dad's Advisors) - Softcover

Do you want to know a secret?

Do you want to know a secret about loopholes that allowssuccessful real estate investors to do so well?

You don't have to be a genius to understand and apply theseloopholes. You just have to be willing to follow a proven path toward success.Basically, you need to be smart about following what others have used to theiradvantage before you.

The truth about real estate loopholes is that there are twotypes of them. From a tax standpoint there are real estate loopholes to beopened. The Tax Code, as put forth by Congress and the IRS, encourages certainreal estate activities. Smart investors know how to open these loopholes totheir maximum advantage.

From the legal side there are real estate loopholes to beclosed. There is liability and risk associated with owning real estate, leadingto loopholes of increased personal liability and responsibility for the claimsof others. These legal loopholes must be closed in order to gain assetprotection and to best protect yourself and your family.

How can I learn these secrets, you ask? and how can I applythem?

The secrets of real estate loopholes are not handwritten onaged parchment, locked in a dark and inaccessible vault and guarded by hugerabid dogs, fed by the rich and powerful as a way to exclude all newcomers. Tothe contrary, although not set out everywhere, the important loopholestrategies - the ones you must know - are found in the pages of this book.

In using these loopholes you have to be willing to combinethe experience of others with the specifics of your own situation. This is nothard to do. In all aspects of our lives we synthesize and apply information. Butunlike most other activities, by learning when to open loopholes and when toclose them, you are going to significantly improve your results as a realestate investor.