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Rich Dad's Real Estate Advantages: Tax and Legal Secrets of Successful Real Estate Investors

Rich Dad's Real Estate Advantages: Tax and Legal Secrets of Successful Real Estate Investors

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Authors: Sharon L. Lechter, Garrett Sutton
Publisher: Business Plus
Category: Book

List Price: $17.99
Buy New: $7.20
You Save: $10.79 (60%)



New (42) Used (17) Collectible (1) from $6.84

Rating: 4.5 out of 5 stars 22 reviews
Sales Rank: 18140

Media: Paperback
Number Of Items: 1
Pages: 288
Shipping Weight (lbs): 0.7
Dimensions (in): 8.8 x 5.9 x 0.9

ISBN: 0446694118
Dewey Decimal Number: 332.63240973
EAN: 9780446694117
ASIN: 0446694118

Publication Date: November 14, 2006
Availability: Usually ships in 1-2 business days
Shipping: Expedited shipping available
Shipping: International shipping available
Condition: New - Has remainder mark. Fast shipping from trusted wholesaler with many exclusive publisher contracts.

Customer Reviews:
Showing reviews 16-20 of 22
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5 out of 5 stars Great book! Lots of info worth every cent   January 26, 2007
 4 out of 8 found this review helpful

I have to say this book is very well written. The authors covers a lot of ground and gives you great examples on how to get the most of your money from real estate by giving the least to uncle sam! Highly recommended for beginners looking for a start in real estate.


5 out of 5 stars Good for a beginner   January 9, 2007
 5 out of 9 found this review helpful

I have really enjoyed rich dad's Real Estate. I must say that I am a beginner when it comes to real estate.. but I thought the book was very well written and coved a lot.


4 out of 5 stars Lots and lots of info   November 27, 2006
 15 out of 18 found this review helpful

(Available in both book and audio--reviewed as an audio)

Whether you are new to real estate investing, or a seasoned real estate investor looking to maximize your returns, Rich Dad's Real Estate Advantages has something for you.

Beginning with very basic real estate investment tactics such as the 1031 exchange and increasing buying power with the bank's money, and gaining in complexity to taking advantage of tax code and decreasing legal risk, this book continues the tradition of good advice the Rich Dad system is known for.

The audio book version is read by Garrett Sutton, ESQ, one of the authors, with a forward by Robert Kiyosaki (the Rich Dad guru) and Sharon L. Lechter, CPA. The audio is of fine quality with no variation in sound level and Sutton reads it flawlessly. The CDs, whether intentionally or not, also seem to be broken into the three components of the book: introductory real estate investing, tax strategies, and legal strategies, so it would be relatively easy to re-listen to specific sections.

I would say that this book is so full of information that I felt I should be taking notes. Probably, listening multiple times would suffice, but many investors would like to reference specific sections and may prefer the hard copy rather than the audio. Someone just beginning, especially someone who commutes and can listen daily, will see the advantage of information repeat that the audio provides.

Armchair Interviews says: A good book--but this audio format won't be appropriate for everyone.



5 out of 5 stars Smarter Investing using Tax Free Advantages   November 24, 2006
 28 out of 30 found this review helpful

This book is designed to help you develop a smarter real estate acquisition plan. It shows how you can look hard at your assets and liabilities and develop a leverage plan for purchases and a tax advantage plan to maximize your cash flow. There is some good advice on networking, mentoring, joining a local real estate club and building a team of advisors. The explanation of tax strategies, depreciation and insurance is not as strong or in depth as I'd liked to have read. However the chapters on tax-free exchanges are very enlightening; especially to those of who have read about it but have been afraid to do a 1031. The book also offers other good advice on homestead advantages and responsibilities for legal due diligence. The strength of the book for me, and probably most other investors who have less than 10 properties, is (1) the advice on asset protection; e.g. use of a Limited Liability Corporation, and (2) smart use of the tax-free advantages in 1031 exchanges. I strolgy recommend it for those who have a few properties and are ready to make a bigger bolder move in real estate investing.


5 out of 5 stars Do you want to be rich? Then read this......   November 17, 2006
 3 out of 7 found this review helpful

I highly recommend Real Estate Advantages to anyone who wants to be rich. You will find out how the rich are getting richer. It is a must-read book for anyone who is serious about getting out of the "I owe, I owe, so off to work I go" Rat Race.

Sharon Lechter and Garrett Sutton really have done us all a big favor with this well-written book. It is easy to understand and filled with real life, practical success stories for investing in real estate.


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