📚 Unlock the secrets to building wealth! My book and 12-module Masterclass cover everything I’ve learned about passive investing and creating financial freedom. Watch it on-demand for FREE: http://thewealthelevator.com/master

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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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Check out our future deals, 12 Masterclass video series, and join our community: https://thewealthelevator.com/club/

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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Everything I know is laid out in my book and this 12-module Masterclass, available for you to watch on-demand. However, a critical piece of this journey lies in building social relationships and deal flow—something you’ll find within our inner circle mastermind, FOOM. Don’t miss out—apply today! http://thewealthelevator.com/master

In this episode, we dive deep into the sixth section of our syndication e-course, focusing on essential legal documents like the Private Placement Memorandum (PPM). Topics include the importance of these documents, key terms, risk mitigation, and fiduciary responsibilities. Additionally, we touch on recent CEO optimism from the Vistage report and the current market dynamics driven by interest rates and inflation. Whether you're new to the world of syndications or a seasoned investor, this episode offers valuable insights and best practices.

00:00 Introduction to the Syndication E-Course

00:26 Upcoming HUI 7 Retreat in Hawaii

01:05 Accessing the Wealth Elevator Group

01:32 Insights from the Vistage Report

02:54 Overview of Syndication Documents

03:48 Importance of Legal Documents in Syndication

06:10 Understanding the Private Placement Memorandum (PPM)

08:49 Fee Structures and Deal Splits

10:44 Role and Responsibilities of Passive Investors

24:36 Conflicts of Interest in Syndication Deals

34:07 Market Challenges and Diversification

34:42 Understanding PPM and Legal Advice

36:18 Investor Concerns and Signing Documents

37:50 Holding Companies and Trusts

45:19 Market Trends and Investment Strategies

49:19 Diversification and Dollar Cost Averaging

57:26 Advanced Investment Strategies

01:07:59 Conclusion and Final Thoughts

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Check out our future deals, 12 Masterclass video series, and join our community: https://thewealthelevator.com/club/

In this podcast episode recorded in 2025, the host and a CPA delve into advanced tax topics, including passive activity losses, cost segregations, and how different types of income are taxed. They also discuss specific tax mitigation strategies such as the real estate professional status, the role of a management company, and the potential benefits and pitfalls of oil and gas investments and land conservation easements. The episode features a live Q&A session where they address a wide range of questions from listeners about handling capital gains, depreciation recapture, Roth conversions, and the complex interplay between passive and ordinary income. The CPA provides practical advice on utilizing tax strategies effectively while ensuring compliance with IRS regulations.

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Run a cost segregation here theWealthElevator.com/costseg

In this podcast episode, we dive into the topic of cost segregations, a valuable tool for investors to extract extra passive losses that may potentially be used on personal taxes. We discuss the impact of recent Fed rate cuts, market reactions, and why some investors prefer private equity over stocks. Later, we explore the benefits of cost segregation in real estate, including accelerated depreciation and bonus depreciation, and how they can lead to significant tax savings. Our guest AJ Alliance from DIY Cost Seg explains the fundamentals of cost segregation, who should consider it, and different levels of studies available. We also touch on the strategic implications for different property types and situations, answering common questions and providing practical advice for real estate investors.

00:00 Introduction to Cost Segregations

00:24 Market Reactions and Investment Strategies

01:26 Private Equity Opportunities

04:29 Understanding Cost Segregation

07:23 Benefits of Cost Segregation

09:15 Practical Applications and Case Studies

10:35 Advanced Cost Segregation Strategies

15:40 Cost Segregation for Different Property Types

25:21 Common Questions and Best Practices

30:45 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.

In today's podcast episode, we dive deep into various ways to source investment capital, perfect for managing passive losses in 2024 and preparing for 2025. Learn about the current state of inflation, interest rates, and their implications for your long-term debt. We'll also explore the dynamics of the real estate market, including cap rates and investment opportunities in different property classes. Discover four significant sources of investment capital and the strategies to optimize your investments. Join us for an enriching discussion and consider participating in our upcoming retreat in Hawaii this January for more hands-on learning and networking. Don't forget to check out the additional resources and masterclasses available for our club members.

00:00 Introduction and Podcast Overview

00:33 Inflation and Investment Timing

02:15 Current Market Trends and Opportunities

06:56 Investment Strategies and Capital Sources

14:41 Lane Kawaoka's Engineering Journey

26:53 Early Financial Strategies and Credit Card Hacks

28:41 First Real Estate Investments and Lessons Learned

30:32 Transition to Real Estate and Property Management

32:55 Balancing Engineering Career and Real Estate

33:22 Pursuing Higher Education and Realizations

35:35 Mindset Shift and Financial Independence

36:57 Leaving Engineering for Full-Time Real Estate

43:57 Building a Real Estate Syndication Business

52:21 Advice for Aspiring Engineers and Final Thoughts

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Check out our past deals, future ones, and join our community: https://thewealthelevator.com/club/

In today's podcast, we discuss the concept and importance of family offices with Scott, author of 'Building a Sustainable Family Office.' As the world evolves, so do wealth management strategies. We delve into the advancements in technology like unmanned taxis, self-driving trucks, AI, and their implications on wealth. We also explore the notion of building family wealth, methods to hire professional help like CPAs and fractional CFOs, and the importance of a flexible, well-structured family office. Scott shares insights from his personal journey and experiences, providing valuable advice on sustaining wealth across generations. Tune in to learn about effective wealth succession planning, the role of AI in today’s investment landscape, and the significance of tailored financial strategies.

00:00 Introduction to Family Offices

00:14 The Future of Technology and Innovation

01:37 Protecting Family Wealth

02:09 Outsourcing Financial Tasks

02:58 Year-End Tax Strategies

04:59 Podcast Introduction and Guest Speaker

07:26 Understanding Family Offices

10:41 Building a Sustainable Family Office

30:00 Wealth Succession Planning

36:52 Final Thoughts and Recommendations

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