Creating Wealth Real Estate Investing with Jason Hartman
CW 297: Overseas Income Property Investing & IRS Audit Risks with Jason Hartman and Investment Counselor Steve

Join Jason Hartman and investment counselor, Steve, as they discuss a few news topics critical to your success as a real estate investor. Jason and Steve start by discussing a recent article by Kiplinger’s that discusses the top IRS audit red flags.  

Income property investors should be cautious when claiming rental losses and the home office deduction, as these are frequent themes in IRS audits. Then another look at how 15 billion dollars in gold was recently repatriated from JP Morgan’s vaults in London.  Is this the sign of imminent economic collapse?  

As are many, this particular listener expressed concern about governments seizing rental properties in the event of extreme fiscal crisis.  Is diversifying over seas a way to hedge against this risk?  Jason lays out the reasons why the US, no matter the fiscal threat, is still the best place in the world to buy income producing real estate.

Direct download: cw-297-JasonSteve.mp3
Category:Podcast -- posted at: 9:08am EDT

CW 296: Key Takeaways & Best Practices from the ‘Meet the Masters of Real Estate Investing’ Seminar

Join Jason Hartman as he discusses some good takeaways from attendees, speakers and panel discussions at Meet The Masters of Income Property.

Here's a sampling:

• Best Practices in Property Management
• Jason Hartman: The Next 10 Commandments
• Market Profile: Atlanta, Georgia
• The Power of Analysis
• Market & Property Evaluation
• Entity Structures for Asset Protection
• Cost Effective Property Insurance Nationwide
• Market Profile: St. Robert, Missouri
• Mortgage Lender Panel - Overcoming Challenges: The Good, The Bad and The Ugly
• Financing Investment Real Estate
• Getting Your Investments Organized for Success
•    Peter - Tax Strategies of Wealthy Investors
•    Reed - Market Profile: San Marcos, Texas
• The Power of Exchange: IRS 1031 Best Practices
• Mortgage & Financial Planning
• Market Profile: St. Louis Missouri
• Income Property in Your IRA & Roth Conversion

Direct download: cw-296-MTM.mp3
Category:Podcast -- posted at: 8:17am EDT

Jason Hartman is joined by author and real estate investor, Barb Getty, as she talks about her journey into real estate investing, what it takes to be a good landlord or property manager, how to find and keep great tenants, and explains the eviction process.  

The second of four children, Barb was born and raised in Gary, IN.  She graduated cum laude from Purdue and married soon after. After seven moves in nine years of marriage, her family settled in Indianapolis.

Tragedy struck in 1992 when her 17-year-old son was killed in a car accident.  Her daughters were 16 and 14 at the time.  Sadly, Barb’s 21-year marriage ended eight months after Todd’s death.  She bought a small home needing repairs, and following the fix-up, she and her daughters moved in.

Pleased with that first project, Barb purchased her first duplex (with little money, no credit and no experience), hoping she had the wherewithal to be a landlord.  Today, she owns 27+ units -- a mix of single and multi-family, low and middle income rentals.  interviewed her recently and the article also appeared in USA Today.   Barb has also added high-end property management, consulting and speaking engagements to her business.

Although she hasn’t had an easy road, Barb is both financially and emotionally invested in her work.  She invites people to watch a video showing scenes she faces as a landlord in the inner city.  It’s very compelling.  Barb authored The Landlord Chronicles:  Investing in Low and Middle Income Rentals, published in 2010. Armed with a positive attitude and a strong sense of humor, Barb Getty is making a difference in her tenants’ lives, the neighborhood and the city as well.

Direct download: cw-295-BarbGetty.mp3
Category:Podcast -- posted at: 12:38pm EDT

Jason Hartman and prior guest, Jonathan Emord, get together once again to talk about current issues affecting our rights, beginning with the damaging and highly intrusive passing of the tax provision of Obama’s healthcare plan. This has created a fissure in the Constitution, a horrible outcome that opens a door to the government violating our civil liberties. Jonathan breaks down the consequences of the violations, such as our liberty to choose and right to privacy in the interest of a government mandate that only benefits the government. Moving on to TSA, Jonathan divulges the massive problems with this act.

“The TSA is an institution that is riddled with corruption and riddled with abuse,” he explains. The elderly, pregnant women, infants and disabled individuals with no record of criminal activity are being subjected to humiliating and highly intrusive searches all over the U.S. Jonathan defines the difference in tactics from a defensive position versus an offensive position, with the latter producing far better results.

He advocates training the citizenry to be more aware of suspicious behavior and to better defend themselves.  Jonathan gives an update on the work against the FDA and the First Amendment.

Jonathan W. Emord is one of the nation’s leading free speech attorneys. He has defeated the Food and Drug Administration a remarkable eight times in federal court, more times than any other attorney in American history, earning him the title, “FDA Dragon Slayer.” He is the 2007 recipient of the Cancer Control Society’s Humanitarian Award for “winning and preserving our great civil rights to life, to liberty, and to health freedoms.” He is the only non-scientist ever appointed to the Certification Board for Nutrition Specialists and serves as that organization’s Vice Chair.

In 2010, he became the first person awarded the title “Honorary Nutrition Specialist” by the CBNS. Congressman Ron Paul says “[a]ll freedom-loving Americans are in debt to Jonathan Emord for his courtroom [victories]” and calls him a “hero of the health freedom revolution.” Formerly an attorney in the Reagan Administration’s Federal Communications Commission, Emord has practiced constitutional and administrative law in Washington, D.C. for the past twenty-five years. He has been a Guest Lecturer, Georgetown University, Department of Biochemistry, Course in Nutrition.

Direct download: cw-294-JonathanEmord.mp3
Category:Podcast -- posted at: 9:01am EDT