Re-Entering the Work Force with Land Academy (LA 1834)

Transcript:

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Steven Jack Butala:

Steve and Jill here.

Jill K DeWit:

Hello.

Steven Jack Butala:

Welcome to the Land Academy Show. Entertaining land, investment talk, I'm Steven Jack Butala.

Jill K DeWit:

And I'm Jill DeWit, broadcasting from the Valley of the Sun.

Steven Jack Butala:

Today, Jill and I talk about reentering the workforce with Land Academy.

Jill K DeWit:

I have some good examples of this. It's really cool that people have found this as a niche for them. Having been away from work for maybe it's COVID reasons, maybe it's family reasons, maybe somebody got sick reasons, maybe laid off reasons, who knows. There's all kinds of reasons.

Steven Jack Butala:

Child raising.

Jill K DeWit:

Yeah, child raising reasons that people like say, "Okay, I need to start bringing in some money. I'm online looking for stuff." While they're looking for jobs, maybe they're looking for this and we pop up. And so I have some great examples to share about people that have successfully jumped in Land Academy. And this is their life now and they're doing really well.

Steven Jack Butala:

Before Jill gets into this topic because it's clearly the Jill show today.

Jill K DeWit:

Thanks.

Steven Jack Butala:

Let's take a question posted by one of our members on the landinvestors.com online community. It's free. Hopefully by now, you know that we have a full blown commercial printing company called Offers 2 Owners. Jill and I set it up a lot of years ago out of frustration, for our use of other commercial printing comedies and they just didn't understand mail merges. They just did not understand us, so we solved it by starting our own. We send out between 700,000 and a million offers a month on behalf of mostly members.

Jill K DeWit:

Check out offers, the number two owners.com. And I want to add a little thing here. Don't forget, tomorrow's a big day. Tomorrow, Wednesday August 24th at 2:00 PM Pacific Time, you can find me live on Facebook and YouTube. So go check out the Land Academy Facebook page or the Land Academy YouTube channel. And you can find me there, hope to see you. Steven wrote, "Anyone ever have a seller not want to sell because of the tax burden? The offer price is around $60,000. Any creative work around?

Steven Jack Butala:

So there's a lot of people that responded to this in discord. There's lots of ways to work around this and this should not be a reason for a seller to not sell the product.

Jill K DeWit:

Like I can't sell it because I'm going to pay all these taxes?

Steven Jack Butala:

Yeah.

Jill K DeWit:

It's going to mess me up.

Steven Jack Butala:

Boy, there's a ten thirty one exchange option. There's selling it on terms to you option. And if they go sell it on terms and you know it's worth a hundred grand, you resell it and just pay it off at that time. You could co-sell this property, so you could go to this seller and say, "I'm going to sell. Who resell this anyway? Let's do a deal for 60,000 bucks when I sell the property for a 100 or 90 or whatever the number is, what do you say, I kick in about 10,000 bucks on top of that $60,000?"

Jill K DeWit:

To pay for you this tax?

Steven Jack Butala:

To pay for your tax liability.