This week, Scott sits down with Jason Watson from WCG CPAs and Advisors to talk about the top 3 mistakes high-income pilots should avoid when investing in rental properties. As pilots and other high earners look for ways to diversify their income beyond their primary careers, rental properties offer a powerful path to building lasting wealth- if you approach it the right way.
Here’s some of what we discuss in this episode:
🛫 Why pilots’ schedules make rentals a uniquely attractive investment
📉 The #1 misconception about rentals as a tax-saving strategy
🏠 Short-term rental loophole explained and how to qualify
💰 Using cost segregation and bonus depreciation to your advantage
📋 Which personality types make the best landlords
Resources for this episode:
Get Jason’s book, I Just Got a Rental, What Do I Do?
https://www.amazon.com/Just-Got-Rental-What-Considerations/dp/B0DJBY6ZQ3
WCG CPAs and Advisors
Resources:
Our website: https://retireairlines.com/
Phone: (419) 314-4139
Contact our team: https://retireairlines.com/contact-us/
Schedule an introductory call: http://callosborn.com/
Order your no-cost retirement toolkit: https://keap.page/lde199/the-pilot-s-planner-toolkit.html
Check out our other no-cost financial resources & guides here: https://retireairlines.com/guides-whitepapers/
The “When I Die” binder: https://retireairlines.com/wp-content/uploads/2024/10/Scott-O-FILLABLE-BINDER-10.22.24-1.pdf
Watch the podcast on YouTube: https://www.youtube.com/channel/UC_hNGqqVjqgtuoYZlu9i4yQ
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