• 27-Year Depreciation Cycle, Renting to Yourself, Annual Retirement Income, and Lane's Take on Dave Ramsey's 'Baby Steps

  • Aug 27 2024
  • Length: 47 mins
  • Podcast

27-Year Depreciation Cycle, Renting to Yourself, Annual Retirement Income, and Lane's Take on Dave Ramsey's 'Baby Steps

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  • Summary

  • Maximizing Your Investment Strategy: Advanced Tips Beyond Dave Ramsey's Baby Steps


    This week's episode breaks down listener questions on tax strategies, the significance of the 27-year depreciation cycle for rental properties, renting a property to oneself using an LLC, and understanding annual retirement income. In addition, Lane critiques Dave Ramsey's 'Baby Steps', offering insights tailored for high-net-worth individuals. Learn why sophisticated investors should play a different game with a focus on maximizing returns and strategic asset allocation. Subscribe to The Wealth Elevator and elevate your financial journey!


    00:00 2024-08-18 20-57-57

    06:37 Renting Property to Yourself via LLC

    07:57 Irrevocable Trusts and Asset Protection

    15:23 Evaluating Retirement Income Needs

    19:47 Investment Strategies for Newbies

    25:29 Conclusion and Final Thoughts


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