The Tax Secrets Wealthy Real Estate Investors Use – Tom Wheelwright, Bob Knakal, Rod Santomassimo
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Join Tom Wheelwright as he explores how to maximize profits and minimize taxes on commercial real estate with his guests, Bob Knakal and Rod Santomassimo, authors of “Selling Buildings.”
Bob is Founder of BKREA in New York City. Bob was Former Head of the NY Private Capital Group within JLL Capital Markets in New York City as well as Chairman and Founding Partner of Massey Knakal Realty Services, New York’s #1 building sales firm.
Rod N. Santomassimo, CCIM, is the founder and president of The Massimo Group, a leading national commercial real estate coaching and consulting organization. Rod possesses 25 years of commercial real estate industry experience as a broker, owner, and manager of local, regional, and international firms.His firm is the fastest growing commercial real estate coaching and consulting organization in North America, based on its application of proprietary programs, processes, and technology to give their clients a competitive advantage in today's marketplace.
In this episode, understand the essentials of a good commercial real estate deal, learn how to adapt to market changes – including the conversion and rezoning of office spaces into residential, and the impact of AI and data for investors.
Order Tom’s book, “The Win-Win Wealth Strategy: 7 Investments the Government Will Pay You to Make” at:
00:00 – Intro.
06:11 – What makes a good commercial real estate deal?
12:01 – Tough Times: How has the commercial real estate market changed?
16:45 – Status of Office Spaces: Conversions into Residential. Rezoning. Renovations.
22:53 – What are commercial real estate clients looking for?
25:48 – How to use AI in commercial real estate.
31:30 – The future of data in commercial real estate.
34:13 – What brokers are looking for in clients and investors.
35:45 – Top Notch Advice: 6 things investors should do now.
39:14 – How much impact the new tax bill has in the marketplace.
Looking for more on Bob Knakal & Rod Santomassimo?
Book: “Selling Buildings”
Websites: bobknakal.com | massimo-group.com
Facebook: www.facebook.com/BobKnakalNYC | www.facebook.com/themassimogroup
LinkedIn: www.linkedin.com/company/the-massimo-group/
X/Twitter: twitter.com/BobKnakal | twitter.com/MassimoGroup
Youtube: www.youtube.com/@bobknakalnyc
Instagram: @bobknakalnyc
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ABOUT US:
Tom Wheelwright is the founder and CEO of WealthAbility and TFW Advisors, a leading authority on tax strategy and wealth building. He is the best-selling author of Tax-Free Wealth and a trusted advisor to Robert Kiyosaki. As a world class CPA, Tom is dedicated to empowering entrepreneurs and investors to reduce their tax burden and achieve financial freedom. He currently resides in Phoenix, Arizona.
DISCLAIMER:
WealthAbility® does not provide tax, legal or accounting advice. The materials provided have been prepared for informational purposes only, and are not intended to provide tax, legal or accounting advice. The materials may or may not reflect the most current legislative or regulatory requirements or the requirements of specific industries or of states. These materials are not tax advice and are not intended or written to be used, and cannot be used, for purposes of avoiding tax penalties that may be imposed on any taxpayer. Readers should consult their own tax, legal and accounting advisors before applying the laws to their particular situations or engaging in any transaction.
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Disclaimer: The information provided in this video is for educational and informational purposes only. It should not be considered as financial advice or a recommendation to buy or sell any financial instrument or engage in any financial activity.
The content presented here is based on the speaker's personal opinions and research, which may not always be accurate or up-to-date. Financial markets and investments carry inherent risks, and individuals should conduct their own research and seek professional advice before making any financial decisions.
First comment😀 love the topic by the way 📝
Nice 👍
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