Move to this US City to Avoid Fed Income Tax?

I'm Speaking Next Week in Orlando Jan 31-Feb 2 at this Commercial Academy Mastermind Event. 

Register Here

Here's What I'm Sharing:

• $235K Flip with $10K in Capex: The easiest Commercial Deals are "light lift"-or, in other words, no heavy lifting such as huge capex projects, huge vacancy, etc. While this profit may be small, so was the total effort require to operate the deal short term.

• Double our Gross Profit in 2025 Considering we've exited over $50M per year for the past 4 years straight, doubling is no small achievement. You can use this strategy in your business, whether you are commercial or residential, agent or broker. I'll tell you how in Orlando.

Here's today's agenda:

• For Sale - 29 Real Estate Investor Deals 

• For Sale - 3 Warehouse Deals

• Off Market 129K Sq. Ft. Warehouse Deal 

• Move to this US City to Pay NO Federal Income Tax?

• REI Diamonds Podcast with Shane Carter & I on Large Scale Development

First Time Reading?  Sign Up Here

Doing a Deal with Diamond Equity

• Building & Parcel:

  • 129,380 Sq. Ft. on 10.01 Acres

  • 4 Acres Available for Truck Parking/IOS

  • 132,410 people in a 5 Mile Radius

  • $3.25NNN/ft. Pro Forma Market Rent

  • $3 Gross/ft Current, or $314,000

  • $28K Taxes

   

  Stabilized Value:

  • $520K NOI (assumes $100K truck parking & $3.25/ft NNN)

  • •$1M ($7.72/ft.) CapEx (Sprinklers, Bathrooms, Heaters, Paint, Gravel, & Fencing)

  $5.777M ($44/ft.) Stabilized Value at 9% Cap Rate

  View Offering Here

  Buy Now $2.58M ($20/ft) Call Dakota 513-442-9606

   

  Here's What I'm Buying:

  • Small Bay Industrial 20K sq. ft+

  • Industrial or Flex Warehouse 20,000 - 250,000 Sq. Ft. 

  • Industrial 8,500 Sq. Ft+ on 3+ Acres 

  • Retail Strip or Shopping Center 10,000-250,000 Sq. Ft.

  • Prefer value-add: either low rents OR vacancy, or both

  • Prefer that you either Own or are Direct to the Owner

Move to Trump's City & Pay NO Federal Income Tax

Trump proposed providing Federal Land for development of homes to address the housing shortage. Surely, this utopia will be named after Trump. I assume this will also provide streamlined zoning to allow record speed in constructing houses and the necessary infrastructure. But then the problem all real estate developers & investors face:

Who Will Buy these Houses? Why Move to Trump's City?

To solve this issue, I propose a 5 year Federal Income Tax Amnesty on the 1st Million in income for residents who agree to establish residency in Trump's City AND agree to remain a resident for 10 years. This would incentivize people to move and remain after the tax-free period expires. Here are the options for the location(s) of Trump's city: 

Since you read the subject line & are now reading this, I'm guessing you may have thought, "Wow, I can move INSIDE the US and find a tax haven?" If fact, a policy like this, on maybe 25,000 acres, might allow for 50,000 residents. 

 This would create a land grab along the lines of the opening of the frontier in 1889. There would need to be a lottery, and perhaps income bracket quotas which could be filled strategically so as not to create a federal housing project along the lines of Cabrini Green over time. Far better to have a wide range of incomes to give the city a solid foundation for future desirability & innovation.

 Anyway, I'm done dreaming about US tax policy. Having written several large checks for 2024 taxes, and watching bonus depreciation waning to just 40% this year, I am anxiously awaiting the expected tax code updates from our newly elected President...