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Why Tax Receivable Agreements (TRAs) are the Next Big Thing in Investing with Andy Lee

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Manage episode 431587431 series 1091429
Content provided by Reed Goossens. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Reed Goossens or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Do you ever wonder how tax assets are turned into lucrative cash flow?

Meet Andy Lee, founder of Parallaxes Capital. He’s here to introduce us to the fascinating world of Tax Receivable Agreements (TRAs)—an innovative investment opportunity that’s rapidly gaining traction.

Imagine being able to monetize tax assets for immediate cash flow while achieving high teens to low twenties in annual returns. That’s exactly what TRAs offer!

With a rich background in investment with Lone Star Funds and Citigroup, Andy’s expertise and insights shed light on how this niche market has grown from $8 billion to $30 billion in just five years.

Today, Andy discusses the growth potential of this emerging asset class, how it really works, the risk factors that come with it, and Parallaxes Capital’s future plans.

Let’s dive in!

Key Takeaways:

  • 00:00 Intro
  • 01:41 How Andy made his first dollar as a kid
  • 03:30 Andy’s relationship with money
  • 06:05 Leaving corporate America
  • 08:52 Tax Receivable Agreements (TRAs) explained
  • 10:20 How TRAs work
  • 13:56 Investors, yield, and performance
  • 18:09 Risk factors
  • 22:08 Parallaxes Capital’s biggest goal
  • 24:02 Future plans
  • 25:17 Top 5 investing tips
  • 29:40 Outro

Additional resources:

➡️ Reach out to Andy Lee:

• Website: https://parallaxescapital.com/

• LinkedIn: https://www.linkedin.com/in/lee-andy/

➡️ Visit https://reedgoossens.com/ and:

• Invest passively in multifamily real estate

• Get FREE access to my 100% Passive Real Estate Investment Masterclass

• Take a look at my portfolio

• Get FREE multifamily real estate resources

➡️ Follow me on social media:

• LinkedIn: https://www.linkedin.com/in/reed-goossens-b2a6a933/

• Instagram: https://www.instagram.com/reedgoossens/

• Facebook: https://www.facebook.com/reed.goossens/

➡️ Subscribe to my podcast:

• YouTube: @ReedGoossensREI

• Apple: https://apple.co/44MiDN7

• Spotify: https://spoti.fi/45fVIcR

• Stitcher: https://bit.ly/3OHHJqJ

• Soundcloud: https://soundcloud.com/investing-in-the-us

Investing in the U.S. is a podcast for real estate investors and entrepreneurs who want to break into the U.S. market and grow their wealth!

Subscribe/Follow so you never miss an episode!

  continue reading

417 episodes

Artwork
iconShare
 
Manage episode 431587431 series 1091429
Content provided by Reed Goossens. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Reed Goossens or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Do you ever wonder how tax assets are turned into lucrative cash flow?

Meet Andy Lee, founder of Parallaxes Capital. He’s here to introduce us to the fascinating world of Tax Receivable Agreements (TRAs)—an innovative investment opportunity that’s rapidly gaining traction.

Imagine being able to monetize tax assets for immediate cash flow while achieving high teens to low twenties in annual returns. That’s exactly what TRAs offer!

With a rich background in investment with Lone Star Funds and Citigroup, Andy’s expertise and insights shed light on how this niche market has grown from $8 billion to $30 billion in just five years.

Today, Andy discusses the growth potential of this emerging asset class, how it really works, the risk factors that come with it, and Parallaxes Capital’s future plans.

Let’s dive in!

Key Takeaways:

  • 00:00 Intro
  • 01:41 How Andy made his first dollar as a kid
  • 03:30 Andy’s relationship with money
  • 06:05 Leaving corporate America
  • 08:52 Tax Receivable Agreements (TRAs) explained
  • 10:20 How TRAs work
  • 13:56 Investors, yield, and performance
  • 18:09 Risk factors
  • 22:08 Parallaxes Capital’s biggest goal
  • 24:02 Future plans
  • 25:17 Top 5 investing tips
  • 29:40 Outro

Additional resources:

➡️ Reach out to Andy Lee:

• Website: https://parallaxescapital.com/

• LinkedIn: https://www.linkedin.com/in/lee-andy/

➡️ Visit https://reedgoossens.com/ and:

• Invest passively in multifamily real estate

• Get FREE access to my 100% Passive Real Estate Investment Masterclass

• Take a look at my portfolio

• Get FREE multifamily real estate resources

➡️ Follow me on social media:

• LinkedIn: https://www.linkedin.com/in/reed-goossens-b2a6a933/

• Instagram: https://www.instagram.com/reedgoossens/

• Facebook: https://www.facebook.com/reed.goossens/

➡️ Subscribe to my podcast:

• YouTube: @ReedGoossensREI

• Apple: https://apple.co/44MiDN7

• Spotify: https://spoti.fi/45fVIcR

• Stitcher: https://bit.ly/3OHHJqJ

• Soundcloud: https://soundcloud.com/investing-in-the-us

Investing in the U.S. is a podcast for real estate investors and entrepreneurs who want to break into the U.S. market and grow their wealth!

Subscribe/Follow so you never miss an episode!

  continue reading

417 episodes

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