Real estate is primarily a business and not a profession. A profession is a disciplined unit of individuals who adhere strictly to ethical standards. This individual tends to possess specialized knowledge and skills that have been derived from research, education, and training at a high level to protect the interest of the public; whereas a business is an organization entity engaged in a commercial or industrial enterprise for the benefit of profit. Unlike a profession that requires skilled and knowledgeable individuals, a business doesn't. Instead what is needed is his/her 'interest.' However welcoming this sounds, the success, and failure of this venture which results in either a reward or loss is to be enjoyed alone, unlike a profession whose reward is shared with others., be it profit or loss. With real estate being a business or a profession, it has no connection with the business ethics governing it.

This book exposes the cracks in most retirement portfolios, then opens your eyes to the benefits of rental income. With pensions slashed, savings slim, and Social Security insufficient and unpredictable, most people won't have nearly enough money to last them through their retirement years, but seasoned real estate investor and landlord K. Kai Anderson proves that real estate is an investment that anyone can dive into to fund their retirement…lucratively! Not leaving anything to question, Retire on Real Estate also lays out a complete plan of action, including how to: Get started--by either purchasing property or converting your residence into a rental Reduce the risk of vacancies, repairs, and problem tenants Spot smart investments Choose the right mortgage, or even out-of-the-box financing options Trade up to more profitable properties Don’t wager your retirement on Social Security, dividends, and unpredictable bull markets. Real estate is an investment that will always pay off--if done correctly.

This book is a guide for individual rental-property owners looking to retire from the burdens of being a landlord. The book has three main sections: 1) Deciding to Sell, 2) Minimizing Taxes and 3) Finding the Best Solution. Readers will learn how to evaluate their current rental properties, how to defer or avoid capital-gains taxes via 1031 exchanges, and how to re-invest their sales proceeds in various passive real estate investment programs. Learning points include: landlord expenses, regulations and liability; yield, appreciation and capitalization rates; capital-gains, depreciation recapture and state taxes; 1031 exchange basics and details; Delaware Statutory Trusts, Tenants-in-Common and Single-tenant Triple-Net-Lease investments.

The profits you can make from selling a real estate investment may look good on first glance. But if you consider the U.S. federal capital gains tax (CGT) you'll have to pay - which can be as high as 37% - there may not be a whole lot left in your pocket after you pay that tax bill. In this book, property owners will learn how to exchange their exhausting and often under-performing rental properties for passive real estate investments, while deferring or even avoiding capital-gains taxes.If you would like to improve both your lifestyle and income, while potentially diversifying into institutionally-operated real estate across multiple sectors and markets, this book is a must-read.

It's no secret that the majority of wealth is tied to real estate. After experiencing success, my wife and I have become somewhat evangelical about real estate. Furthermore, this is a great way to build self-esteem, equity, and retirement for yourself and your family. If you're interested in a get-rich-quick scheme, put this book back on the shelf and pick up one of the many other books on the topic. I do not have seminars and progressive steps to my approach, at least not yet. What I have done, and my philosophy, is to provide a somewhat simple and realistic approach to property investing. Hopefully, you will see the benefit of property investing and try this on your own. Perhaps the greatest barrier to investing in property is overcoming fear. I am reminded of the Nike slogan from the eighties "Just do it." Whenever anyone incredulously asks me how I got into real estate, the simple answer is that I simply did.

If you are worried about securing your financial future and are thinking about buying your first rental property, then this book is for you.

At 31 Michael's dying father came to him with one request. "Take care of Mom." How could he say anything other than, "Of Course."But when the reality hit, that Michael had to find a way to maintain his mother's independence and lifestyle with such a small sum, he realized he was in over his head.That began a journey that would lead him to create a system, for his own mother, that produces truly passive income from rental properties.In this book you'll discover an approach unlike others, that allows you to get passive while enjoying the stability of rentals.Michael's system, as detailed in this book, will keep you away from plungers and other undesirable responsibilities normally associated with owning rental properties, while opening doors to a fulfilling retirement focused on what you want most in life.