Expert Network Team

Episode 43: Real Estate for Retirement Income

Episode Summary

Real Estate for Retirement Income Liner Notes Join Karl Frank, CFP as he interviews Mike Miller, CPA and Nathan Merrill to talk about a very popular retirement income strategy: real estate. Today we are talking about the pros and cons and the ins and out of passive rental income. Karl is a rookie at owning commercial real estate and asks the experts, both of whom are income-producing real estate owners and have decades of experience counseling real estate investors. Here are just a few of the questions you can get answers to: Should I own it or try to fix and flip the real estate? Pros and cons for different real estate strategies, especially during retirement. How do I transfer it to another real estate--the 1031? And some advanced questions and answers about these tax rules. What is the deal with long-term capital gains? What is “boot” and why do I care? Pros and cons of hiring a property management company compared to doing it myself. And what is this talk about trusts--and other complicated ways to own real estate? Real estate has particular risks and offers potential rewards for the investor. Learn more about Real Estate Investment Planning.