Fast-Flip® Podcasts
Oct 10, 2008 Podcasts
H. Roger Neal® has a new way to provide real estate training in snippets on Podcast. This is a way for investors to get bits and pieces of various ways to get real estate training. The Podcast Recordings range from about 3 to 30 minutes, depending upon the message. H. Roger Neal® just recorded 4 Podcasts where the longest one was 5.5 minutes. Last month, H. Roger Neal® recorded 4 other Podcasts where the shortest one was 25 minutes. It really depends on the message at that moment. You’re definitely not going to go out and conquer the world on a 25 minute podcast, but it does give insight to both the topic, per se, and the style and way of thinking of H. Roger Neal®. If you enjoy the podcasts, then you’ll love his real estate investing courses. One of the short topics just discussed was on Federal Low Income Housing Tax Credits (LIHTC). This is a subject that should be learned by all landlords, where in reality, is known by few. Low Income Tax Credits can be obtained by one, or both, in repair costs in excess of $3,000 per unit and in the property acquisition. Low Income Tax Credits are not a simple deduction like what everyone is used to deducting. It is a dollar-for-dollar deduction at the end of your tax return. For example, if you owe the Internal Revenue Service $5,000 at the end of your tax return and you have a $5,000 tax credit, then your tax burden is zero. In other words, you don’t subtract $5,000 from what you made, rather from what you owe. It’s pretty cool. Furthermore, the tax credits are for 10 years. So, the tax credit program isn’t for just $5,000 for one year, it would be $5,000 for ten years. Understand that the tax credits approved are based upon repairs and acquisition costs, so the $5,000 I just mentioned is arbitrary. This is the type of real estate training that you will receive from the podcasts. They’re not designed like a home study course where the entire gambit is covered, rather enough information that you will seek further information. That’s all. Again, this real estate training gives insight to H. Roger Neal® and his voice, sense of humor, and style. If you like, for example, the landlording techniques you hear in the real estate training Podcasts, then you would like his landlording course. It’s just a way to sample H. Roger Neal®, and to see if you would like to hear more.
