Eugene Gershman hosted Sally Gimon, a real estate investor specializing in tax-saving strategies. Sally shared insights on the benefits of the Spendthrift Trust, particularly under the IRS tax code 643B. According to Sally, this type of trust can legally help investors avoid paying capital gains, interest income, and other taxes. Sally emphasized that such strategies are typically used by wealthy families. She detailed her journey into real estate investment, which began in 2018, and her subsequent discovery of the trust as a means to significantly reduce her tax liabilities.

Sally discussed the complexities and advantages of the Spendthrift Trust, including its irrevocability and privacy benefits. She highlighted how this trust structure is different from standard family or living trusts, as it continues across generations without dissolving. The conversation also touched on the practical aspects of setting up such a trust, the potential savings for real estate developers and investors, and the nuances of managing properties under this trust structure.

Connect with Sally Gimon

The opinions and views expressed by the guest, Sally Gimon, during this episode, are solely her own and do not necessarily reflect the views or opinions of the podcast host, Eugene Gershman, or the “Land to Legacy” podcast. The information provided in this episode is for educational and informational purposes only and does not constitute financial, legal, or investment advice. Listeners are encouraged to conduct their own research and consult with a qualified professional before making any financial or investment decisions. The podcast host and production team do not endorse or assume responsibility for any third-party information or links shared during the episode.

Architects, Builders and Owners must collaborate to reach success. Our next guest combines all three trades in one person. Host Eugene Gershman sits down with Lance Cayko, a multifaceted entrepreneur, architect, builder, and co-founder of F9 Productions. With a rich background in single-family and multifamily residential projects, Lance shares invaluable insights into the complexities and challenges of real estate development.

Lance delves into the intricacies of managing development projects, highlighting the importance of thorough planning, risk management, and the often underestimated challenges of the industry. He shares his journey and the lessons learned from navigating the multifaceted roles of architect, developer, and builder. Lance also offers practical advice for aspiring developers, emphasizing the significance of insurance, honest communication, and meticulous vetting processes.

Explore F9 Productions.

Connect with Lance on LinkedIn: Lance Cayko.

We sit down with Tom Dunkel to explore the nuances of passive real estate investing. Since 2006, Tom has been aiding weary landlords in transitioning from active to passive investors, helping them regain their freedom while maintaining strong returns. Tom shares his journey through the Great Recession, the importance of surrounding oneself with quality professionals, and his strategic approach to building a successful passive income stream for his investors through self-storage investments.

Tune in to uncover practical tips, hear compelling success stories, and gain insights that could transform your real estate investment strategy.

Check out "Safe Investing Checklist" at:

https://www.belrosestoragegroup.com

Follow Tom on LinkedIn:

https://www.linkedin.com/in/tomdunkel/

In this episode of “Real Estate Development: Land to Legacy,” we are thrilled to welcome Stephon Smith, a tech-powered commercial real estate analyst and Excel guru, who founded Accredev. Stephon shares his journey from developing an all-in-one financial model designed to handle various asset classes to founding his own company that not only aids in underwriting deals but also in fundraising and more. He discusses the advantages of maintaining a centralized database for all project scenarios, enhancing consistency and efficiency in managing real estate projects.

Stephon dives deep into the importance of having a robust financial model, the challenges of managing multiple workbooks, and how his unique model simplifies complex capital stack structures. He also touches on his experiences with different types of real estate projects, the nuances of development, and how his model stands out in handling multiple tranches of equity effectively.

Tune in to gain valuable insights into commercial real estate analysis and the innovative solutions Stephon Smith brings to the table.

For those interested in learning more about Stephon’s work or connecting with him, you can visit Accedev website.

For questions about this podcast, visit: https://giscompanies.co/podcast

In this episode, we sit down with Owen Reimer, a real estate developer from Steinbach, Manitoba. Owen shares his journey in the world of real estate, offering a wealth of knowledge from his experiences in multifamily development.

Join us as Owen delves into the intricacies of syndicating deals, operating developments, and the importance of having an insider view of the market. With a focus on building and managing multifamily properties, Owen provides valuable lessons on overcoming challenges and achieving success in the real estate industry. This episode is packed with actionable insights and inspiring stories that will help you navigate the complexities of real estate development. 

LinkedIn: linkedin.com/in/owen-reimer

Website: stoneshorecapital.com

This is the first trailer for the Real Estate Development: Land to Legacy podcast. Eugene Gershman's introduction and frequently asked questions we get about what it takes to develop real estate.