03/02/2026
Do you like profit?💲💵 It's tax season and it has me thinking about capital gains tax.
Let me tell you a quick story about wealth growth.
I advised a client of mine in 2010 to purchase a home in GR for $35,000 in an area that would become valuable. After investing another $50,000 into it (from rent profit) they sold it for $330,000 in 2023 and used a 1031 exchange to roll that money over (tax free) into an income property I recommended in Spring Lake. They added another $100,000 (from rent they profited off the last one) for the purchase and improved the property with another $50,000
Today the new property brings in $120,000 annually on Furnished finder and Airbnb monthly terms.
And on top of the monthly income they now own a property valued at $600,000 when they started with only $35,000 and used the rent to reinvest. That $35,000 investment with it's profits has paid for all of this!
These numbers are incredible and I have many more stories of wealth building, how can I as a real estate professional help you grow your wealth?
Contact me to sit down and discuss the options ahead of you.