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Deduct property improvements over 27 years and the advantages of Passive Activity Losses (PALs). Lane also discusses why he prefers syndications and private placements over crowdfunding websites and REITs, highlighting the importance of cutting out middlemen and working directly with the source to maximize returns. Finally, he stresses the significance of personalized financial planning and building a network of accredited investors.

00:00 Introduction to Real Estate Investment Benefits

00:28 Understanding Tax Benefits in Real Estate

02:32 Maximizing Losses in Syndications and Private Placements

04:15 Comparing REITs, Crowdfunding, and Private Placements

06:07 The Pitfalls of Crowdfunding Websites

07:45 Why I Don't Like REITs

09:06 Building Your Network and Direct Investment

09:53 Conclusion and Final Thoughts

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Everything I know is laid out in my book and this 12-module Masterclass, available for you to watch on-demand.

Join us live from the Annual Goals Seminar at the Wealth Elevator retreat. In this comprehensive video, we delve into practical strategies for goal-setting, drawing inspiration from Tony Robbins and other successful coaches. Learn how to get clear, focused, and committed to your goals, and utilize exercises to gain clarity and momentum. Whether you're setting financial, personal, or relationship goals, this video offers actionable steps to achieve them. Perfect for both newcomers and long-time members, this seminar also emphasizes the importance of community and accountability in reaching your aspirations. Don't miss out on this opportunity to transform your life's trajectory.

00:00 Introduction and Seminar Overview

00:29 The Power of Decisions

00:42 Goal Setting Exercise

02:33 Getting into the Right State

04:16 Reflecting on the Past Year

09:32 Identifying Challenges and Emotions

12:41 Empowering Decisions and Future Planning

15:31 Reinforcing Past Achievements

22:21 Dreaming Without Limits

27:39 Leveraging AI for Goal Setting

27:58 Focusing on One-Year Goals

29:52 Committing to Your Goals

32:46 Top-Down vs. Bottom-Up Approaches

33:59 Taking Immediate Action

37:02 Measuring and Tracking Progress

46:01 The Importance of Community and Accountability

49:44 Final Thoughts and Next Steps

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In this comprehensive episode, we delve into the intricacies of how different generations, from Baby Boomers to Gen Z, intersect and interact in the workplace. Hosted by a senior millennial, this presentation brings on seasoned business advisor and Vistage Chair, Tomas Tomasevic, who offers an in-depth analysis of generational dynamics, workplace expectations, and future economic trends. The discussion covers the challenges and opportunities in managing a multi-generational workforce, the impact of technology, the importance of psychometrics, and how economic conditions shape generational behaviors. Filled with valuable insights for managers, leaders, and entrepreneurs, this episode also examines the evolving definition of success and practical strategies for integrating younger generations into the workforce. Tune in to gain a holistic understanding of these critical trends that will shape the next decade of business.

00:00 Introduction and Overview

01:39 Guest Introduction: Thomas Tomasevic

06:11 Understanding Generations

10:13 Generational Characteristics and Impacts

14:52 Generational Knowledge and Skill Transfer

21:30 Economic Cycles and Generational Beliefs

35:08 Generational Gaps in the Workforce

44:28 Re-engaging Baby Boomers in the Workforce

45:15 Generation X: The Current Leaders

45:50 Millennials and the Workforce Gap

47:07 The Future of College Education

50:59 AI's Impact on the Job Market

56:53 Generational Differences in the Workplace

01:04:00 Generation Z and the Workforce

01:15:33 Global Demographic Trends

01:25:45 The Importance of Hard Work and Specialized Skills

01:26:35 Challenges in Bridging Knowledge Gaps

01:26:49 Young Entrepreneurs Academy: A Case Study

01:28:35 The Struggles of Generation Z

01:35:16 The Impact of COVID on Different Generations

01:53:12 Millennials and Leadership Challenges

01:56:05 Economic Future and Workforce Challenges

02:06:42 Closing Thoughts and Contact Information

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