Real Estate Strategies From an Accounting Perspective with Matthew Lipman

The Very Real Estate Effect Investing in Quebec

This is part two of a two-part episode with Matthew where he shares invaluable advice on setting realistic expectations and the significance of delayed gratification in real estate investment. He emphasizes the importance of strategic planning and financial prudence, particularly for young investors aiming to make their mark in the industry. The conversation covers practical strategies such as house hacking, where buying a duplex or triplex and living in one unit while renting out the others can significantly aid in equity building and reduce living expenses.

This episode also delves into the financial nuances of real estate, including the benefits of not selling properties but rather refinancing to pull out equity, and the tax implications of different investment strategies. For those considering major financial decisions in real estate, this episode offers a roadmap to navigate the complexities of property investment, tax benefits, and strategic financial planning to maximize growth and minimize risks.

What you will learn if you listen to the episode:

- Setting realistic goals in real estate investment

- Benefits of delayed gratification and strategic planning

- House hacking as a starter strategy for new investors

- Refinancing properties to build equity without selling

- Understanding tax implications and benefits for property investments

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Timestamps:

📘 Importance of setting realistic expectations for new investors (01:01)

🏡 Exploring the benefits of house hacking for building equity (04:19)

💰 Refinancing vs. selling properties: strategic financial moves (10:50)

📈 Understanding tax benefits and implications in real estate investment (14:06)

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Linkedin - https://www.linkedin.com/in/axel-monsaingeon-42577b28/

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Connect with Matthew Lipman:

Linkedin - https://www.linkedin.com/in/matt-lipman-cpa-0369606a/

Website - https://mogulcpa.com/

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