Real Estate Loopholes: Secrets of Successful Real Estate Investing

  Author:    Robert T. Kiyosaki, Garrett Sutton, Diane Kennedy
  ISBN:    0446691356
  Sales Rank:    73519
  Published:    2003-04-01
  Publisher:    Warner Business Books
  # Pages:    240
  Binding:    Paperback
  Avg. Rating:    4.0 based on 26 reviews
  Used Offers:    54 from $3.50
  Amazon Price:   
  (Data above last updated:  2008-12-04 04:32:22 EST)
  
  
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Real Estate Loopholes: Secrets of Successful Real Estate Investing
  
Finding wealth through real estate investing depends upon knowledge, a good plan, andbuilding a team of advisors and mentors who can provide the expert guidance needed. By examining the three keys of successful real estate investing-selection, taxation, and protection-REAL ESTATEloopholes shows what it takes to make a real estate investment work.
We've all seen the get-rich-quick real estate ads. There is something compelling about the idea of starting with nothing, investing just a little time and getting wealthy. It seems all you have to do is buy real estate and riches will be immediately and effortlessly yours. But REAL ESTATE LOOPHOLES shows that the real estate industry is not just a get-rich-quick game. Just as with any business venture, the key to finding wealth through real estate investing is through knowledge, a good plan and by building a team of advisors and mentors who can provide the expert guidance you need. By examining the three keys of successful real estate investing-selection, taxation and protection- REAL ESTATE LOOPHOLES shows what it takes to make a real estate investment work for you.
                  Reader Reviews 1 - 15 of 15                 
  
  
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06-04-08 5 (NA)
(Hide Review...)  Loop Holes Review
Reviewer Permalink
I've read a lot of the Rich Dad books, and many others on realestate investing. This one was, by far, the best. I would highly recommend this book to anyone who is investing in realestate. There are critical points in this book that should be followed before setting up a strategy for buying property.
(Review Data Last Updated: 2008-12-04 04:34:25 EST)
09-10-06 4 (NA)
(Hide Review...)  Simple and decent book, but you will work hard.
Reviewer Permalink
Good book and information. But you will get spammed so I would recommend using a junk/throwaway address before you sign up for this person's personal newsletter/program.

Otherwise, it was worth buying and reading. You should be able to achieve your goals and target your objectives properly with this book.
(Review Data Last Updated: 2006-09-12 06:44:41 EST)
07-07-06 4 (NA)
(Hide Review...)  Learned alot
Reviewer Permalink
I think that it is a good book for people who are just getting into real estate investing. It gives you information on many creative things that can be done. I learned alot and plan to use some of the suggestions and tools soon.
(Review Data Last Updated: 2008-06-05 18:43:07 EST)
07-23-04 1 8\17
(Hide Review...)  Plug for other products - all fluff
Reviewer Permalink
The authors of this book touch on many subjects, giving very little detail in any of them. The legal and accounting loopholes are very basic - and they keep referring you to other products and sites they've written/published - making this book one big commercial. In one area, when talking about the benefits of real estate investment, the fail to even mention costs associated with using equity, cash flow, repairs, etc. I am a new entrant to real estate investing, and would not recommend this book to anyone. It is no different than the get rich quick schemes you see on tv/internet.
(Review Data Last Updated: 2007-06-27 14:06:42 EST)
04-13-04 3 19\29
(Hide Review...)  Good for starters so you can talk the talk with your lawyer
Reviewer Permalink
The concepts in the RichDad series book Rich Dad, Poor Dad are basic concepts. It was a book to introduce the reader that working hard your whole life is not the way to create real wealth. In Real Estate Loopholes, the concepts for investing in real estate are pretty much the same amount of detail as in RDPD. It's a short read intended to give the reader some surface level knowledge of real estate tax advantage and legal issues to avoid by setting up LPs and LLPs. By reading this book, I'm able to ask more intelligent questions for my real estate attorney.

I'd say that it's a worthwhile read, but only if you are starting out in real estate investment and are going to be working with an attorney so you can ask follow up questions in forming your LLP that will be holding the real estate.

(Review Data Last Updated: 2007-06-27 14:06:42 EST)
04-12-04 3 18\28
(Hide Review...)  Good for starters so you can talk the talk with your lawyer
Reviewer Permalink
The concepts in the RichDad series book Rich Dad, Poor Dad are basic concepts. It was a book to introduce the reader that working hard your whole life is not the way to create real wealth. In Real Estate Loopholes, the concepts for investing in real estate are pretty much the same amount of detail as in RDPD. It's a short read intended to give the reader some surface level knowledge of real estate tax advantage and legal issues to avoid by setting up LPs and LLPs. By reading this book, I'm able to ask more intelligent questions for my real estate attorney.

I'd say that it's a worthwhile read, but only if you are starting out in real estate investment and are going to be working with an attorney so you can ask follow up questions in forming your LLP that will be holding the real estate.

(Review Data Last Updated: 2006-12-10 08:37:39 EST)
03-22-04 5 15\26
(Hide Review...)  Worth it's weight in GOLD for the new real estate investor !
Reviewer Permalink
I read this book before I read the Amazon reviews. I was shocked at some of the negative comments. My recommendation is to read all of the how-to real estate books you want. When you finally decide you're going to invest, buy this book. It will save you money and headaches. If nothing else it will give you a basic understanding of ownership options and tax benefits (loopholes) that you can then discuss with a lawyer and accountant. Know what you're getting in to before you make your first offer to buy. It is the only real estate book that I am 100% satisfied with. Good luck!
(Review Data Last Updated: 2007-06-27 14:06:42 EST)
03-21-04 5 15\26
(Hide Review...)  Worth it's weight in GOLD for the new real estate investor !
Reviewer Permalink
I read this book before I read the Amazon reviews. I was shocked at some of the negative comments. My recommendation is to read all of the how-to real estate books you want. When you finally decide you're going to invest, buy this book. It will save you money and headaches. If nothing else it will give you a basic understanding of ownership options and tax benefits (loopholes) that you can then discuss with a lawyer and accountant. Know what you're getting in to before you make your first offer to buy. It is the only real estate book that I am 100% satisfied with. Good luck!
(Review Data Last Updated: 2006-12-10 08:37:39 EST)
03-08-04 2 2\24
(Hide Review...)  Real Estate Loopholes: Secrets of Successful Real Estate Inv
Reviewer Permalink
E-book would not allow you to print pages for review. Difficult to read on-line. Would not purchase e-books again unless it allows an option to print out certain selected pages. Content of the book was very beneficial.
(Review Data Last Updated: 2007-06-27 14:06:42 EST)
01-16-04 1 37\59
(Hide Review...)  don't believe the hype
Reviewer Permalink
Sadly, the tile "Real Estate Loopholes" is a misnomer -- this book is fluff and little more. Just count the "stories" which are basically filler (something to beef up two or three true "loopholes," which, by the way, you'd be much better off reading about in the Ernst & Young tax guide 2003. Save your money...

mtb

(Review Data Last Updated: 2007-06-27 14:06:42 EST)
12-13-03 5 10\33
(Hide Review...)  A practical guide to the tax and legal strategies
Reviewer Permalink
Tax strategist Diane Kennedy and corporate attorney Garrett Sutton combine their knowledge in Real Estate Loop-Holes: Secrets Of Successful Real Estate Investing, a practical guide to the tax and legal strategies that wealthy people have used for generations to make the most out of real estate investments. From protecting one's assets from tenants and creditors, to using one's own home to make money tax-free, to choosing the right properties in local markets and much more, Real Estate Loop-Holes is very strongly recommended reading for anyone seeking to broadening their property holdings and turn a consistent profit while doing so.
(Review Data Last Updated: 2006-06-21 21:33:47 EST)
12-08-03 2 6\46
(Hide Review...)  Pain, Pain, Digital Pain.
Reviewer Permalink
Book might be ok but digital book is a real pain. Hard to down load. Need to make book easy to down load. Wont do it again. Easyer to go to the store and get one then jump though hoops.
(Review Data Last Updated: 2006-06-21 21:33:47 EST)
11-06-03 4 18\37
(Hide Review...)  Great Prep for a Meeting with Lawyer and Acct.
Reviewer Permalink
Some reviewers have mentioned the fact that this doesn't delve into specifics enough, and that all it does do is give you a list of questions to take with you to ask a real estate lawyer or an accountant. While this is true, I feel that is not necessarily a negative. No book should have pretend to have all the answers, especially when talking about real estate, where there are many variables that make each situation unique. So yes, it does not give you definite answers, but it is valuable as a preparation tool and as examples of possibilities.
(Review Data Last Updated: 2006-06-21 21:33:47 EST)
10-24-03 3 12\43
(Hide Review...)  Not bad . . . actually among the better Rich Dad books
Reviewer Permalink
Kiyosaki's first book has some value for getting people to perhaps think differently about money. I have found the other books in the Rich Dad series to be repetitious and paltry in terms of content. - - This book by Kennedy is actually not too bad as a bare introduction to tax & legal issues for beginners who know absolutely nothing on the subject. Because it is really directed at beginners, I rated it higher than the ranking I was going to give initially. - - -
(Review Data Last Updated: 2006-06-21 21:33:47 EST)
10-07-03 1 0\28
(Hide Review...)  Not for Pocket PC!!
Reviewer Permalink
This title is not compatible with Pocket PCs, PDAs, or other handhelds. I was taken aback by this since other .PDF files work fine on my Pocket PC. I wish Adobe would make it so I can read all of the books I bought on my Pocket PC PDA.

Who knows? The books might be good. :( Oh, no refunds either.

(Review Data Last Updated: 2006-06-21 21:33:47 EST)
  
                  Reader Reviews 1 - 15 of 15                 
  
  
  
  
  
  

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