Welcome back to the daily real estate syndication show. I’m Whitney Sewell, your host. Today, we continue our enlightening conversation with Eric Most, a stewardship and impact expert. We delve into maximizing exits, whether in asset or business sales, and discuss faithful resource stewardship.
Eric shares insights on leveraging assets for generosity, stressing that most wealth is tied up in assets rather than cash. He introduces the concept that “friends don’t let friends give cash,” highlighting non-cash assets for charitable giving.
We explore services by the National Christian Foundation (NCF), aiding in using complex assets for charitable purposes. Eric details how NCF manages $7 billion in assets, creating tax efficiencies for more charitable giving.
An example Eric provides is using real estate as a charitable funding vehicle. Gifting a portion to NCF can yield fair market value deductions and avoid income taxes, directing proceeds to charitable goals.
Eric guides on considering debt levels when gifting assets, suggesting assets with less than 40% debt are ideal for donation. He advises consulting advisors and an NCF representative to identify impactful assets.
In conclusion, I emphasize the episode’s value and encourage liking, subscribing, and sharing the Real Estate Syndication Show. Stewardship and impact are crucial in real estate syndication; with the right approach, your assets can create a lasting legacy of generosity.
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About Eric Most:
Eric Most, a seasoned stewardship professional with over 17 years of diverse experience in insurance and nonprofits, currently serves as the President for the Rocky Mountain Region at the National Christian Foundation (NCF). In this role, he collaborates with givers, business owners, leaders, and families, providing personalized solutions and trusted education. Eric also hosts The Generosity Now podcast, where he conducts insightful interviews on generosity, stewardship, and legacy. His mission is to inspire greater generosity and Kingdom impact, extending beyond the Rocky Mountain region.
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