We’ll walk through what steps should be taken when taking a loan from your Whole Life insurance Cash Value to fund a Private Loan on real estate  (commonly known as Infinite Banking) Including how to communicate with your borrower, review loan documents and ensure that the loan is backed by adequate collateral. Teach the importance of agreeing to a neutral 3rd party in the business transactions, tips to keep track of the loan and payments to ensure that the policy remains in good standing and the cash value is not impacted negatively.

Self-Directed Individual Retirement Accounts (SDIRAs) can be used to invest in private real estate lending because they allow the account holder to have greater control over their financial choices and potential earnings. We’ll show you how to establish a self-directed IRA, identify the property or loan opportunity, and direct the custodian to make the investment.

Active real estate entrepreneurs have several tax advantages and strategies available to them. As an active real estate investor, you should be capturing a variety of expenses to claim as deductions on your taxes. We’ll walk through some of the most common expenses, discuss depreciation, cost segregation, and passive activity loss rules.

The tax code is often written with the intent of promoting economic growth and encouraging business development. Business owners typically benefit from this because they can take advantage of various tax deductions and credits that are designed to incentivize activities that are considered to be beneficial for the economy. Earning interest income on a private loan in real estate can have several tax implications. It is important to have access to a tax professional to understand how these may apply to your specific situation, and to ensure that you are reporting the interest income correctly on your tax return and paying the correct amount of taxes.

Having a mentor with experience in real estate can provide valuable insights, advice, and guidance on how to navigate the industry, including information about the local market, property selection, and negotiation strategies. Help keep you on track with your goals and hold you accountable for your progress. Curve the learning process with feedback and support as you gain experience.

For borrowers, a good relationship with their lender can lead to better loan terms and more flexibility in the loan process. For lenders, a good relationship with their borrowers can increase the likelihood of timely loan repayment and reduce the risk of default. Conscious communication and cooperation in the event of any issues or challenges during the loan process is mutually beneficial to both parties. Overall we’ll show you how to eliminate objections, build rapport, and learn important words in sales strategies that actually bubble over in every aspect of your life.

As a real estate business owner, it is important to have an attorney for asset protection to help you safeguard your assets and minimize your risk of legal and financial liability. An attorney can help you set up asset protection strategies such as setting up trusts, creating family limited partnerships, and other legal entities that can help protect your assets in case of legal action. A good attorney will be able to advise you on legal compliance and make sure that you are following the laws and regulations that pertain to real estate transactions.