Table Of ContentLoopholes of
Real Estate
Secrets of Successful
Real Estate Investing
GARRETT SUTTON, ESQ.
Loopholes of
Real Estate
Secrets of Successful
Real Estate Investing
GARRETT SUTTON, ESQ.
If you purchase this book without a cover you should be aware that this book may have been stolen property
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This publication is designed to provide competent and reliable information regarding the subject matter
covered. However, it is sold with the understanding that the author and publisher are not engaged in
rendering legal, financial, or other professional advice. Laws and practices often vary from state to state and
country to country and if legal or other expert assistance is required, the services of a professional should be
sought. The author and publisher specifically disclaim any liability that is incurred from the use or
application of the contents of this book.
Copyright © 2013 by Garrett Sutton, Esq. All rights reserved. Except as permitted under the U.S. Copyright
Act of 1976, no part of this publication may be reproduced, distributed, or transmitted in any form or by any
means or stored in a database or retrieval system, without the prior written permission of the publisher.
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Cover design by Chris Collins | American Design Co.
First Edition: May 2013
ISBN: 978-1-937832-22-3
052013
Preface and Acknowledgements
The genesis of this book begins with Real Estate Loopholes, which was first
printed in January 2003 (and was on the bestseller lists that summer). Then, with
additional information on landlord liability, insurance, and other legal and tax
issues included, it was published as Real Estate Advantages in 2006. Of note, in
his Foreword to that edition Robert Kiyosaki called the real estate bubble.
After the bubble burst there were many new issues for real estate investors to
consider, including the importance of clear title in the wake of record
foreclosures. So we have brought in new and updated material, including a
chapter that questions the utility of land trusts as well as new changes in the laws
of asset protection.
Fair warning: Some of the chapters contain the same information as the
previous editions. This is because, with all due modesty, there is no reason to
rewrite what was brilliantly written the first time. But there are many new
sections as well. We have incorporated up-to-date sections written by CPA and
Rich Dad Advisor Tom Wheelwright on cost segregations, using IRAs for
investing, and becoming a real estate professional. We have updated Gary
Gorman’s chapter on 1031 Exchanges from seven years ago. And in this edition,
and the reason we now call it Loopholes of Real Estate, we explore the medieval
history of loopholes. I find it fascinating—and it only took me a decade to tie it
together.
For this new edition I would like to thank Robert Kiyosaki, Tom
Wheelwright, Gary Gorman, Brandi MacLeod, Mona Gambetta, Jessica Santina,
Ken McElroy and Kathy Spitzer for all your valuable contributions. They are
greatly appreciated.
Read The Book That Started It All
Robert Kiyosaki has challenged and changed the way tens of millions of
people around the world think about money. With perspectives that often
contradict conventional wisdom, Robert has earned a reputation for straight
talk, irreverence and courage. He is regarded worldwide as a passionate
advocate for financial education.
Rich Dad Poor Dad will...
• Explode the myth that you need to earn a high income to become
rich
• Challenge the belief that your house is an asset
• Show parents why they can’t rely on the school system to teach their
kids about money
• Define once and for all an asset and a liability
• Teach you what to teach your kids about money for their future
financial success
Rich Dad Poor Dad — The #1 Personal Finance Book of All Time!
Order your copy at richdad.com
RICH DAD
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