Real estate decisions do not happen in a vacuum. Buying a home, purchasing an investment property, selling appreciated assets, preparing for retirement, and protecting your family can all affect your taxes, cash flow, investments, insurance, and estate plan. In this special crossover episode of One More Round, Josh Norris of Arrive Financial joins Danny Saucedo and Daniel Thompson of The Arizona Buzz on Housing for a practical conversation about how financial planning and real estate should work together. Josh explains why a financial planner can serve as the “quarterback” of your financial team—helping coordinate your CPA, lender, real estate professional, insurance professional, estate-planning attorney, and wealth manager so everyone is working toward the same goals. In this episode, we discuss: • Financial planning for homeowners and real estate investors • Preparing financially before purchasing a home or investment property • Using cash, investment assets, or eligible retirement-plan resources strategically • Capital gains, tax-loss harvesting, and selling investments • Bonus depreciation, cost segregation, and depreciation recapture • How real estate deductions may fit into Roth-conversion planning • Why tax planning should consider today and retirement • Life insurance, estate planning, and emergency preparation • Establishing access to capital before you need it • Why social-media financial advice may not fit your situation • Speaking with licensed professionals before a problem occurs Josh also shares how surviving heart failure and receiving a heart transplant at age 40 changed his perspective on life insurance, estate planning, and protecting the people who depend on you. The biggest takeaway is simple: You do not need to have everything figured out before talking with a professional. The earlier you start the conversation, the more time and options you may have to prepare. This episode originally appeared on The Arizona Buzz on Housing and is being shared as a special episode of One More Round with permission from Danny Saucedo and Daniel Thompson. IMPORTANT DISCLOSURES This content is for general educational and informational purposes only. It is not individualized financial, investment, tax, legal, accounting, insurance, mortgage, or real estate advice, or a recommendation to buy or sell any investment, insurance product, security, or property. The strategies discussed—including Roth conversions, tax-loss harvesting, cost-segregation studies, bonus depreciation, depreciation recapture, retirement-plan loans, securities-based lending, 1031 exchanges, and using investment assets to purchase real estate—may not be appropriate or available for everyone. Eligibility, tax treatment, costs, risks, and potential results depend on individual circumstances and may change based on laws, regulations, plan provisions, financial institutions, and product availability. Tax laws are complex and subject to change. Tax topics should be reviewed with a qualified tax professional or CPA. Estate-planning and legal matters should be reviewed with a licensed attorney. Mortgage and real estate decisions should be reviewed with appropriately licensed professionals. Investing involves risk, including possible loss of principal. Past performance does not guarantee future results. Examples are illustrative only and do not guarantee any financial, investment, tax, lending, or real estate outcome. Retirement-plan loans, securities-based lending, and other borrowing strategies involve risks and may create taxes, interest costs, collateral requirements, or forced liquidation. Tax-loss harvesting is subject to limitations, including wash-sale rules. Bonus depreciation and cost segregation may create future tax consequences, including depreciation recapture. Roth conversions generally create taxable income in the year of conversion and may affect tax brackets, Medicare premiums, deductions, credits, and other financial considerations. Listening to this episode or contacting a participant does not create an advisory, fiduciary, attorney-client, tax-professional, lending, or other professional relationship. Any recommendation should be based on a complete review of the individual’s financial condition, goals, risk tolerance, time horizon, and other relevant circumstances. The opinions expressed are those of the individual speakers as of the recording date and may not represent the views of their affiliated firms or organizations. #OneMoreRoundPodcast #TheArizonaBuzzOnHousing #FinancialPlanning #RealEstateInvesting #ArizonaRealEstate #WealthManagement #TaxPlanning #RetirementPlanning #EstatePlanning #LifeInsurance #RothConversion #CostSegregation #BonusDepreciation #HomeBuying #ArriveFinancial
