• Basil Badwan

Omni Resources Newsletter Looking to Grow Your Wealth with a Real Estate Investment Property?

Updated: Nov 15


Are you planning on owning an investment property, such as an Airbnb or rental home

to build wealth? Read on…


Investment Properties

It is no mystery to any savvy investor today that real estate is a foundational necessity

for building and securing wealth.


As the steel magnate Andrew Carnegie said: “Ninety percent of all millionaires become

so through owning real estate”.


The real estate investment world today can be tough to navigate, deals tough to find,

challenging to fund, and easy to discard as an opportunity to be evaluated when “times

are better”. Many people write this notion off as a possibility, however, for those who

look, opportunities abound.


Business Mortgage Loans

A business mortgage loan can be used for financing the purchase of commercial real

estate, as well as residential property.


Properties refinanced or purchased by a business could receive better interest rates

and receive property tax, depreciation, and maintenance write-offs much higher than

anything under a personal purchase.


Contact Omni Resources to learn more about what loan options are available to you.



Benefits to a Business Mortgage Loan


  • Makes it easier to overcome the fear of taking on higher interest rate loans based on your needed and necessary business tax advantages

  • It allows you to use the money you are saving on taxes to reinvest into another income producing property

  • Makes it simple for you to pass wealth down to loved ones without worry that the state will take it – Contact us today to learn how to do this through a revocable living trust

  • Makes it a breeze to shelter your assets from the unknown and offers greater privacy



The Nature of Write-offs

Now that you know some of the advantages of a business mortgage loan, you should

be ready to move forward.


Keep in mind, you can buy as many properties as you want because your Debt-To-

Income Ratio is not affected. As you would be with a conventional (personal) style

mortgage loan.


Find out more about the right loan for you.


The Takeaway

Property owners or soon-to-be real estate investors should consult with Omni

Resources before creating holding entities for your real estate investments and

exploring business mortgage loan options.


As you have gathered with reading this newsletter, this is a necessary step to take with

your business. You must refinance and purchase all properties into your business. If

not, you are not taking advantage of this process. Your tax deductions will be gravely

affected by not doing so.


“Real estate cannot be lost or stolen, nor can it be carried away. Purchased with

common sense, paid for in full, and managed with reasonable care, it is about the safest

investment in the world.”

Franklin D. Roosevelt, 32nd President of the United States


Contact Us

Chat with us to find out how Omni Resources can work with you so you can stay

organized and grow your business more quickly.


Questions

Office (888) 882-8483

clients@omniresources.net

https://www.omniresources.net


Editor’s note: Nothing in this blog post should be construed as advice of any kind. Any legal, financial or tax-related content is provided for informational purposes only and is not a substitute for obtaining advice from a qualified legal or accounting professional.


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