The Ricky Ricardo Show

Episode 63: 11 Days Out… and a Big Tax Surprise

Ricardo Hernandez Episode 63

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0:00 | 7:57

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We’re officially 11 days away from closing on my Wetumpka flip — and for the first time all year, things are calm. In this episode, I break down where the flip stands now that the appraisal is done, repairs are complete, and lending is quiet.I also share a huge update from dinner with my CPA that might save me thousands… and why I’ll likely be taxed at 15% capital gains instead of ordinary income.On top of that, real life didn’t stop this week. My son had three theatre performances, and the flip had to take a backseat. Balancing work, investing, and being present as a parent is real — and I talk about how all of that felt heading into these final 11 days.If everything stays on track, next week might be the last episode before closing. The countdown is real.Follow the journey on Instagram @rickyricardoshow

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About the show:
The Ricky Ricardo Show documents the real journey of building financial freedom through leverage, better decision-making, and real-world lessons — in real time.
Real estate is the current vehicle, but the principles apply far beyond it.