Podcasts about build massive wealth

"How to Build Massive Wealth by Permanently Lowering Your Taxes"

Throwback Thursday Episode (The episode originally took place in the year 2016) Click Here for the Show Notes On this episode we learn how to keep more of what we make and legally pay less tax (or not tax) on our income and real estate! Our guest is Tom Wheelwright -- a leading tax and wealth expert, speaker, and a Rich Dad Advisor to Robert Kiyosaki (author of Rich Dad Poor Dad). Tom is best known for making taxes fun, easy and understandable and is the bestselling author of Tax-Free Wealth. You can buy his book at most retailers or on Amazon: Tax-Free Wealth: How to Build Massive Wealth by Permanently Lowering Your Taxes If you missed our last episode, be sure to listen to TBT: Make Better Decisions Using Neighborhood Info for Real Estate Investors Download your FREE copy of:  The Ultimate Guide to Passive Real Estate Investing. See our available Turnkey Cash-Flow Rental Properties. Please give us a RATING & REVIEW   (Thank you!) SUBSCRIBE on iTunes  |  Stitcher  |  Podcast Feed    Websites: Passive Real Estate Investing Norada Real Estate Investments Ask Marco Norada Capital Management #LearningRealEstate #AskMarco #PassiveRealEstateInvesting #Turnkeyproperties #RealEstatePodcast #Investment #investors #RealEstateInvestors #RentalProperties #TurnkeyProperties

On This Page: Wishing your way to wealth and success, complaining about who is wealthy, and riding the wave of misplaced time, money and effort is not why you're here. Stock markets, investment portfolios, 401Ks, and bank accounts look like the stuff global disasters are made of. You're living through weird times and having a biological experience of unforeseen proportions when you look at the global economic sh*t storm we're in. So the top 5 ideas and people you're spending your time with really matters, perhaps more than ever before. Perspective is key, and you get to decide if you're living in a friendly or hostile world. Raoul Pal, CEO and co-founder of Real Vision, has some ideas that can certainly help average up how you think about getting through our current recession. Whether your money is all in crypto, in a 401k that's reduced by half, or in none of the above, the ideas that Raoul shares in this episode may be some of the most important ideas you've ever heard. Are you still living and acting based on an American Dream that died decades ago? Does the thought of buying during a market drop scare you or excite you? Listening to these conversations between Raoul and Tom is going to break some of your ideas apart and allow you to put together a new and improved perspective that will allow you to thrive during this recession and maybe even get a little excited. [Original air date: 9-3-22]. SHOW NOTES: 0:00 | Introduction Raoul Pal 0:27 | Thrive in the Economic Collapse 41:39 | Crypto 101 Masterclass 1:11:59 | Recession 101 Masterclass 1:41:51 | The Biggest Opportunity 2:13:30 | Adapt to the Changing World Order CHECK OUT OUR SPONSORS Range Rover: Explore the Range Rover Sport at  https://landroverUSA.com Miro: Bring your teams to Miro's revolutionary Innovation Workspace and be faster from idea to outcome at https://miro.com. Netsuite: Download the CFO's Guide to AI and Machine Learning for free at https://netsuite.com/theory Shopify: Sign up for your one-dollar-per-month trial period at https://shopify.com/impact Momentous: Shop now at https://livemomentous.com and use code IMPACT for 20% your new Momentous routine. Follow Raoul Pal: Website: https://www.realvision.com/ Twitter: https://twitter.com/RaoulGMI FOLLOW TOM: Instagram: https://www.instagram.com/tombilyeu/ Tik Tok: https://www.tiktok.com/@tombilyeu?lang=en Twitter: https://twitter.com/tombilyeu YouTube: https://www.youtube.com/@TomBilyeu What's up, everybody? It's Tom Bilyeu here. If you're serious about leveling up your life, I urge you to check out my new podcast, Tom Bilyeu's Mindset Playbook —a goldmine of my most impactful episodes on mindset, business, and health. Trust me, your future self will thank you. LISTEN AD FREE + BONUS EPISODES on APPLE PODCASTS: apple.co/impacttheory Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode, we dive into the powerful strategy of using your day job to invest in real estate and build massive wealth. As seasoned investors, we've seen firsthand how maintaining a W2 job can be a game-changer for those starting their real estate journey. We explore how leveraging the stability of a steady paycheck can unlock financing opportunities, provide a safety net, and accelerate your path to financial freedom.Join us as we break down the steps to strategically balance your 9-to-5 while growing a successful real estate portfolio. We'll discuss real-world examples, share actionable tips, and uncover how you can turn your salary into a source of passive income, all without leaving your day job. Whether you're new to investing or looking to expand your wealth-building strategies, this episode is packed with insights to help you achieve financial independence through real estate.Tune in to learn how you can make the most of your W2 income, invest wisely, and set yourself up for long-term wealth and success. RESOURCESDo you need financing for your next home or investment property purchase? Click HERE to schedule a pressure free consultation call with our personal mortgage lender Travis David of CMG Home Loans. He will help assess your current situation and will work with you to map out a plan for the future! ** Looking to buy real estate WITHOUT bank loans, credit, or significant cash? Click HERE to schedule a call with creative finance coaches Jenn and Joe DelleFave. **Click HERE to download Backflip, the all-in-one app for real estate investors. Backflip allows you to analyze deals, run comps and even apply for loans in seconds. The best part is, it's FREE.**If you enjoy the show, please leave us a review on Apple Podcasts or Spotify! It takes less than a minute and makes a huge difference in helping us land high profile guests to best serve our audience. Previous Guests Include:Brandon Turner, Tarek El-Moussa, David Greene, Tony J. Robinson, Mike Ayala, Jamie Gruber, Robert Croak, Mark Simpson, Chad “Coach” Carson, Heather Blankenship, Tim Bratz, J. Scott, Matt Faircloth, Michael Elefante, Devon Kennard, Paula Pant, Jake Harris, and Avery CarlSocial Channels:Instagram: instagram.com/wealthjuiceofficialYouTube: youtube.com/@wealthjuiceofficial**Disclaimer: The information provided on this podcast is for educational and informational purposes only. It should not be considered as financial advice or a recommendation to buy or sell any financial instrument or engage in any financial activity. The content presented here is based on the speaker's personal opinions and research, which may not always be accurate or up to date. Financial markets and investments carry inherent risks. Individuals should conduct their own research and seek certified professional advice before making any financial decisions. The links in the episode descriptions may include referral or affiliate commissions, and we may receive compensation from partner websites.

If you want to level up your business, it's time to start networking! Community and relationships make a drastic difference when it comes to wealth building. Creating partnerships, joining communities, working with people across the country. These can all greatly enhance your business. In this episode, we explore the importance of strategic partnerships, benefits that come with networking, and pitfalls to avoid.   Money Insights is a strategic planning firm that is founded on the principle that "off-the-shelf" products and solutions often do not meet the needs of high-income earners. The Money Insights team works to collaboratively design customized financial solutions that will leave a lasting impact on each of their unique clients.   Visit Money Insights and take the Investor Quiz at https://moneyinsightsgroup.com ! Listen to the Money Insights podcast on Spotify, Apple Podcasts, or at https://moneyinsightsgroup.com/podcast

Wealth is your birthright and owning your feminine energy is the pathway to receiving all of the abundance in life. My guest today, Shamina Taylor, a seasoned attorney turned wealth expert, business mentor, author, and speaker, shares her profound insights gained from over two decades of empowering high-achieving women. With her guidance, discover how embracing feminine energy isn't just a philosophy—it's a tangible pathway to abundance. Don't miss out on this transformative opportunity to awaken your quantum potential and rewrite the narrative of your life with Shamina Taylor." Shownotes: Forbes Article: https://www.forbes.com/sites/biancabarratt/2024/03/28/are-you-able-to-receive-in-your-business-an-expert-explains-how-to-tell/?sh=263b795c46b5 Shamina's Instagram: https://www.instagram.com/shaminataylor/?hl=en Shamina's website: https://www.shaminataylor.com/ Work With Shamina https://www.shaminataylor.com/work-with-me/ The Quantum Women Podcast https://podcasts.apple.com/us/podcast/unapologetically-rich-with-shamina-taylor/id1667347023

Tom Wheelwright is the founder & CEO of WealthAbility, a revolutionary platform of educational tools and global network of CPAs trusted by hundreds of thousands of entrepreneurs and investors to reduce taxes and create wealth. Tom is also the best-selling author of Tax-Free Wealth: How to Build Massive Wealth by Permanently Lowering Your Taxes. -- If you haven't yet had the chance, make sure to register for our 2024 Real Leaders Impact Awards. Our Impact Award winners gain access to a values aligned community, credibility through Real Leaders, and access to our network of Impact capital sources. Apply now to claim your discounted application: ⁠https://eunbi5zgbx7.typeform.com/to/XNdfGsS2#app_first_name=xxxxx&company_name=xxxxx&work_email=xxxxx&campaign_name=xxxxx&channel=LN&owner=Z⁠ Also, check out Outsource Access for all of your Virtual Staffing Needs. At an affordable rate you can outsource the work you need to get done at an extremely affordable rate. You can find more info about them here using this link. https://outsourceaccess.com/

From the archive: This episode was originally recorded and published in 2020. Our interviews on Entrepreneurs On Fire are meant to be evergreen, and we do our best to confirm that all offers and URL's in these archive episodes are still relevant. Moneeka Sawyer is the blissful millionaire. She turned $10,000 to $5,000,000 working 5-10 hours per MONTH and hosts the top rated podcast Real Estate Investing for Women. Top 3 Value Bombs 1. Bliss is a deep sense of joy and contentment, and it is the confidence that you can handle anything that comes your way. 2. The complete process of creating the systems, creating the goals, and creating the strategy starts with asking yourself, Who am I? 3. There are a million ways to make a million dollars in real estate; you just have to have a mentor to help you succeed in this business. Get on Moneeka‘s calendar and chat with her about how to turn your life into a blissful wealthy life - Core Bliss Life Sponsors HubSpot HubSpot's integrated AI tech is helping teams of all types and sizes automate the more tedious parts of running a business. Learn more and get started today at HubSpot.com Lifeforce Lifeforce is making proactive and personalized healthcare easier than ever. Start your membership today and receive $200 off! Visit MyLifeforce.com

From the archive: This episode was originally recorded and published in 2020. Our interviews on Entrepreneurs On Fire are meant to be evergreen, and we do our best to confirm that all offers and URL's in these archive episodes are still relevant. Moneeka Sawyer is the blissful millionaire. She turned $10,000 to $5,000,000 working 5-10 hours per MONTH and hosts the top rated podcast Real Estate Investing for Women. Top 3 Value Bombs 1. Bliss is a deep sense of joy and contentment, and it is the confidence that you can handle anything that comes your way. 2. The complete process of creating the systems, creating the goals, and creating the strategy starts with asking yourself, Who am I? 3. There are a million ways to make a million dollars in real estate; you just have to have a mentor to help you succeed in this business. Get on Moneeka‘s calendar and chat with her about how to turn your life into a blissful wealthy life - Core Bliss Life Sponsors HubSpot HubSpot's integrated AI tech is helping teams of all types and sizes automate the more tedious parts of running a business. Learn more and get started today at HubSpot.com Lifeforce Lifeforce is making proactive and personalized healthcare easier than ever. Start your membership today and receive $200 off! Visit MyLifeforce.com

Taxes! How do we make them fun and not so scary? Our Man in Red, Rudy, met Tom Wheelbrook on Richard Branson's Necker Island and struck up a like-minded rapport for making more money and paying less tax!Tom has 40 years of quality experience in the tax business and runs a network of 65 CPA firms around the US. He's one of the top tax minds around, and today he's sharing his sexy tax strategies on this penny-pinching episode of Living The Red Life. Rudy and Tom are showing us how to see the tax system as a series of incentives that can work for both you and the government if you play the game right. Going with the biggest tax firm is not necessarily the best, but paying top dollar for the right financial advice is totally worth it. The advice here today is free though. Everything from leasing electric cars to renting out your house tax-free is offered up to all our hungry Red Life entrepreneurs out there. Turn those small pennies into big dollars and come join us in Wonderland!"Your best return on investment, for sure, is going to be your tax advisor. By far." ~ Tom WheelwrightThe first 1000 to click here and send the promo code from the podcast can claim one of my courses for FREE! - https://m.me/rudymawerlife In This Episode:Why is having the right tax advisor so important?What are some of the biggest mistakes entrepreneurs make with taxes?What are the best ways to build wealth while paying less tax?What is the secret to dealing with an audit?Having the right mindset to deal with your tax?Sexy tax strategiesWhat is the Augusta Rule?How can you get started on Tax-Free Wealth?Learning not to be afraid of your financesConnect with Tom Wheelwright:Website - https://tomwheelwright.com/Wealth Ability - Tom Wheelwright, CPA | WealthAbilityTax-Free Wealth - Amazon.com: Tax-Free Wealth: How to Build Massive Wealth by Permanently Lowering Your Taxes eBook : Wheelwright, Tom: Kindle StoreInstagram - Tom Wheelwright ® (@tom_wheelwright) • Instagram photos and videosConnect with Rudy Mawer:LinkedIn - www.linkedin.com/in/rudymawer/Instagram -

In this episode of the Personal Finance Podcast, we're gonna talk about should you rent out your old house and a bunch of other questions on this Money Q&A. How Andrew Can Help You:  Join The Master Money Newsletter where you will become smarter with your money in 5 minutes or less per week Here! Learn to invest by joining  Index Fund Pro! This is Andrew's course teaching you how to invest!  Watch The Master Money Youtube Channel!  Ask Andrew a question on Instagram or TikTok.  Learn how to get out of Debt by joining our Free Course  Leave Feedback or Episode Requests here.  Thanks to Our Amazing Sponsors for supporting The Personal Finance Podcast. Chime: Start your credit journey with Chime. Sign-up takes only two minutes and doesn't affect your credit score. Get started at chime.com/ Thanks to Ka'Chava For Sponsoring the show! Go to kachava.com/pfp and get 10% off on your first order.  Shopify: Shopify makes it so easy to sell. Sign up for a one-dollar-per-month trial period at shopify.com/pfp Policygenius: This is where I got my term life insurance. Policygenius is made so easy. To get your term policy go to policygenius.com and make sure your loved ones are safe. Healthy Cell: The best way to get your vitamins and nutrients based on your goals. I take one pouch every day to perform my best mentally and feel better physically. Go to Healthycell.com and use promo code PFP for 20% off your first order! Get all the nutrients your body needs today!  Links Mentioned in This Episode:  How to Save for College (The Smart Way!) How to Become a Roth IRA Millionaire The Stairway to Wealth 2.0 (The Order You Should Put Your Money in!) How to Build Massive Wealth for Your Children (This went Viral!)  Connect With Andrew on Social Media:  Instagram  TikTok Twitter  Master Money Website  Master Money Youtube Channel   Free Guides:   The Stairway to Wealth: The Order of Operations for your Money  How to Negotiate Your Salary  The 75 Day Money Challenge  Get out Of Debt Fast  Take the Money Personality Quiz Learn more about your ad choices. Visit megaphone.fm/adchoices

We tend to admire people who are being what we want, and doing what we want - yes, doing is sexy! Knowing what you want is just a crumb, getting out of your head and making impactful moves, is it. Like the game of chess, to win in the corporate sphere, you have to make a power move.    In today's episode, I speak to Crystal Spates, who's been a  leader in operations and process improvement for the last 12 years. Crystal is also a financial freedom blogger and has received numerous promotions within a single calendar year in her corporate journey. And on top of it all, Crystal became a millionaire by the age of 35, and today she unpacks gems for you to internalize and practice if you are looking to successfully pivot your career.    Tune in as Crystal and I speak about: How Crystal picked the manufacturing lane The unmatched value of strategically putting in the work Crystal's smartest career and money move and her biggest career mistake  How she pulled out a salary increase of over $100,000 in 10 years Her advice to those struggling to pivot their career  What helps her gain clarity in her career decision making  Understanding your full wealth picture Resources helping her on her personal, corporate, and financial journey  … and so much more!    To connect with Crystal: LinkedIn: Crystal Spates Blog: https://yourstrulycrystal.com/blog/   To connect with Gerrie Dozier: Website: www.gerriedozier.com                                   www.careerbrandaccelerator.com      LinkedIn: Gerrie Dozier  YouTube: @gerriedozier  Email: hello@gerriedozier.com    Resources Podcasts: How I Built This with Guy Raz Tax-Free Wealth; How to Build Massive Wealth by Permanently Lowering Your Taxes by (Rich Dad Advisors)

John marks the first day of spring and 20 years since the war in Iraq. The mass killings of Iraqis commenced on the 19th of March in 2003, with the "Shock and Awe" bombing of Baghdad. He takes a call from Dave in Washington on his tour of duty there. Then he interviews author Tom Wheelwright on the Trump tax returns and his book "Tax-Free Wealth: How to Build Massive Wealth by Permanently Lowering Your Taxes". Next he takes a call from Mark in Portland on the Trump indictments. And finally comedian Rhonda Hansome returns to talk about Trump, they takes calls from Brian in Oregon, Bob in West Virginia, Steve in San Diego, and Bill in Pennsylvania. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

In this episode of the Personal Finance Podcast, we're gonna talk about the insane costs of childcare and what you can do about it. Join Our Newsletter here! Learn to Invest with Index Fund Pro! Our complete step-by-step guide to investing! https://mastermoney.co/index-fund-pro/ Thanks to Our Amazing Sponsors!:  Chime: Start your credit journey with Chime. Sign-up takes only two minutes and doesn't affect your credit score. Get started at chime.com/ Thanks to Ka'Chava For Sponsoring the show! Go to kachava.com/pfp and get 10% off on your first order.  Shopify: Shopify makes it so easy to sell. Sign up for a one-dollar-per-month trial period at shopify.com/pfp Policygenius: This is where I got my term life insurance. Policygenius is made so easy. To get your term policy go to policygenius.com and make sure your loved ones are safe. Healthy Cell: The best way to get your vitamins and nutrients based on your goals. I take one pouch every day to perform my best mentally and feel better physically. Go to Healthycell.com and use promo code PFP for 20% off your first order! Get all the nutrients your body needs today! Checklist of relevant episodes:  How to Build Massive Wealth for Your Children (This went Viral!) 14 Ways to Set Your Kids Up To WIN Financially The 7 Factors of a Typical Millionaire (How you Can Become one too!) How to Get a Guaranteed 5% Return on Your Emergency Fund - Money Q&A Personal Finance Youtube Channel https://www.youtube.com/@thepersonalfinancepodcast  FREE GUIDES: ============== - Free Ebooks here: https://mastermoney.co/resources/  -Check out the free guide on where to put your money in what order!  https://www.mastermoney.co/stairway-to-wealth   -Here is the free How to Ask for A Raise ebook! https://www.mastermoney.co/get-a-raise-ebook   -Get Access to the 75-Day Challenge: https://www.mastermoney.co/75daychallenge    =============   We have a YOUTUBE channel! Check it out here!     Got questions? Ask me on Instagram Here. @mastermoneyco This is the fastest way to get in touch with me.  ============   Want to Support the Show? Follow on Spotify or Follow and Leave a 5-Star Review on Apple Podcasts!   ============   Check out all my favorite Credit Cards https://milevalue.com/top-offers-mastermoney/    USEFUL RESOURCES: The Year-End Money Checklist https://mastermoney.co/year-end-money-checklist/   The 75 Day Money Challenge https://mastermoney.co/75-day-challenge/  Finally, Get That Raise https://mastermoney.co/resources/  ============     DISCLAIMER: I am not a financial adviser. This Podcast is for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am sharing my opinion.    AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion.   ============     Check us out on social fam!    Twitter   Tiktok   www.thepersonalfinancepodcast.com   www.mastermoney.co Learn more about your ad choices. Visit megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode of The Personal Finance Podcast, we're going to talk about how much income you need to be considered rich by age. Join Our Newsletter here! Learn to Invest with Index Fund Pro! Our complete step-by-step guide to investing! https://mastermoney.co/index-fund-pro/ Thanks to Our Amazing Sponsors!:  Chime: Start your credit journey with Chime. Sign-up takes only two minutes and doesn't affect your credit score. Get started at chime.com/pfp. Fundrise: My favorite place to invest in passive real estate! Visit fundrise.com/PERSONALFINANCE to join them in just minutes. Shopify: Shopify makes it so easy to sell. Sign up for a one-dollar-per-month trial period at shopify.com/pfp Policygenius: This is where I got my term life insurance. Policygenius made is so easy. To get your term policy go to policygenius.com and make sure your loved ones are safe. Checklist of relevant episodes:  11 Unpopular Opinions That Will Make You Very Rich Rich vs Wealthy (The Life Changing Mindset Shift) How to Get Rich Buying Boring Businesses With Codie Sanchez How to Set Money Goals You Will Actually Achieve (The Best Money Goals to Build Wealth This Year) How to Become a True Millionaire (and Build Generational Wealth!) Growing Net Worth Vs Growing Income: Which Should You Focus on? From 100K in Debt to Building Generational Wealth as a Couple with Josh and Ali (The FI Couple) How to Build Massive Wealth for Your Children (This went Viral!) Personal Finance Youtube Channel https://www.youtube.com/@thepersonalfinancepodcast  FREE GUIDES: ============== - Free Ebooks here: https://mastermoney.co/resources/  -Check out the free guide on where to put your money in what order!  https://www.mastermoney.co/stairway-to-wealth   -Here is the free How to Ask for A Raise ebook! https://www.mastermoney.co/get-a-raise-ebook   -Get Access to the 75-Day Challenge: https://www.mastermoney.co/75daychallenge    =============   We have a YOUTUBE channel! Check it out here!    Our Latest Videos:  How To Grow A Podcast Organically What Would Happen If You Maxed Out Your Roth IRA By Age?! (These Results Will Amaze You!) How to Become a Millionaire With a Small Amount of Money (Is it Really This Easy!?) Pre-tax moves for high earners   Got questions? Ask me on Instagram Here. @mastermoneyco This is the fastest way to get in touch with me.  ============   Want to Support the Show? Follow on Spotify or Follow and Leave a 5-Star Review on Apple Podcasts!   ============   Check out all the Stuff I Recommend!  Check out all my favorite Credit Cards https://milevalue.com/top-offers-mastermoney/    USEFUL RESOURCES: The Year-End Money Checklist https://mastermoney.co/year-end-money-checklist/   The 75 Day Money Challenge https://mastermoney.co/75-day-challenge/  Finally, Get That Raise https://mastermoney.co/resources/  ============     DISCLAIMER: I am not a financial adviser. This Podcast is for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am sharing my opinion.    AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion.   ============     Check us out on social fam!    Twitter   Tiktok   www.thepersonalfinancepodcast.com   www.mastermoney.co Learn more about your ad choices. Visit megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

Your Financial Pharmacist Director of Tax, Sean Richards, CPA, EA, discusses end-of-the-year tax strategy, emphasizes the value of proactive tax planning, and clarifies a few misconceptions about tax benefits for pharmacist real estate investors.  Links Mentioned in Today's Episode Your Financial Pharmacist YFP Tax YFP Planning: Financial Planning for Pharmacists Tax-Free Wealth: How to Build Massive Wealth by Permanently Lowering Your Taxes by Tom Wheelwright Email Sean Richards: sean@yfptax.com Your Financial Pharmacist Podcast YFP Real Estate Investing Join the YFP Real Estate Investing Facebook Group Your Financial Pharmacist Disclaimer and Disclosures  

Gabriel Hamel is a rockstar real estate investor with an impressive portfolio and an interesting and creative way of looking at the world. He has made a real estate portfolio of more than $40 million without syndication using his passion for math and intuition. And they're raising funds from other people. And he has done this primarily through seller financing, through creative ways of structuring these deals that are focused on cash flow, first and foremost. And then over the course of 10 years, he was able to then start harvesting that equity and put together an unbelievable life. In today's episode of the Passive Wealth principles podcast, Jake Harris will have an insightful conversation with Gabriel about how he managed to unlock true passive wealth in his life, and how he achieved this great success with no employees. You will first find out a little bit about Gabriel's background and how he got started in the real estate space as well as what his daily life looks like now. Gabriel will share what his current investment portfolio looks like and he will also talk about his concerns about the recession coming in. He will talk about selling proprieties and what the disposition of his holdings look like. Gabriel will also share his secret to succeeding in real estate without having a team and will discuss how carrying financing for someone can be a very high level of passive investing. More than that, he will talk about his amazing experience of spending some time with Richard Branson at Necker Island, how this changed his life and mindset, his great takeaways from this experience, and so much more. Listen now and enjoy! What You'll Learn in this Show:   How to succeed in real estate without having a team About selling proprieties and what the disposition of Gabriel's holdings looks like How can carrying financing for someone be a very high level of passive investing The great takeaways Gabriel took away from his time with Richard Branson at Necker Island How Gabriel doubled his net worth in the last couple of years And so much more... Resources: https://www.catchknives.com (Catchknives.com)  Books: https://www.amazon.com/Rich-Dad-Poor-Anniversary-Middle/dp/B07QPQ8WBL/ref=sr_1_1?crid=13X74VJWT08YN&keywords=Rich+Dad%2C+Poor+Dad&qid=1663768670&s=audible&sprefix=rich+dad%2C+poor+dad%2Caudible%2C240&sr=1-1 (Rich Dad, Poor Dad) https://www.amazon.com/ABCs-Real-Estate-Investing-Investors/dp/1937832031/ref=sr_1_fkmr0_1?keywords=es%2C+Ken+McElroy%2C+his+ABCs&qid=1666451845&qu=eyJxc2MiOiIwLjkzIiwicXNhIjoiMC4wMCIsInFzcCI6IjAuMDAifQ%3D%3D&sr=8-1-fkmr0 (The ABCs of Real Estate Investing: The Secrets of Finding Hidden Profits Most Investors Miss (Rich Dad's Advisors ) https://www.amazon.com/Rich-Dad-Advisors-Tax-Free-Permanently/dp/B07PXTWQLL/ref=sr_1_1?crid=1DVAE4BUCU1I9&keywords=tax+free+wealth&qid=1666451913&qu=eyJxc2MiOiIyLjg5IiwicXNhIjoiMi4zMyIsInFzcCI6IjIuMjcifQ%3D%3D&sprefix=tax+free+wealth%2Caps%2C178&sr=8-1 (Rich Dad Advisors: Tax-Free Wealth: How to Build Massive Wealth by Permanently Lowering Your Taxes)  https://www.amazon.com/The-Richest-Man-in-Babylon-audiobook/dp/B00DD3HOC8/ref=sr_1_1?crid=8OB58CR6VIQJ&keywords=richest+man+in+Babylon&qid=1666451973&qu=eyJxc2MiOiIzLjg1IiwicXNhIjoiMy4wNCIsInFzcCI6IjMuMjkifQ%3D%3D&s=audible&sprefix=richest+man+in+babylon%2Caudible%2C184&sr=1-1 (The Richest Man in Babylon) https://www.amazon.com/Think-and-Grow-Rich-Napoleon-Hill-audiobook/dp/B000XJNDVQ/ref=sr_1_2?crid=211JYGRPU0P6P&keywords=Thinking+Grow+Rich%2C&qid=1666452008&qu=eyJxc2MiOiIwLjg3IiwicXNhIjoiMC4wMCIsInFzcCI6IjAuMDAifQ%3D%3D&s=audible&sprefix=thinking+grow+rich%2C%2Caudible%2C195&sr=1-2 (Think and Grow Rich )...

In this episode of the Personal Finance Podcast, we're gonna talk about wills and who needs a will. Join Our Newsletter here! If you want to set up your own will easily, check out Trust and Will Here! Checklist of relevant episodes:  How to Create a Bulletproof Wealth Protection Plan How to Build Wealth With Airbnb Short Term Rentals with Lauren Keen Aumond How to Build Massive Wealth for Your Children (This went Viral!) The Wealth Building Fastlane (Wealth Accelerators!) The Step By Step Framework to Making 6-Figures per Year FREE GUIDES: ============== -Check out the free guide on where to put your money in what order!  https://www.mastermoney.co/stairway-to-wealth   -Here is the free How to Ask for A Raise ebook! https://www.mastermoney.co/get-a-raise-ebook   -Get Access to the 75-Day Challenge: https://www.mastermoney.co/75daychallenge    =============   We have a YOUTUBE channel! Check it out here!    Our Latest Videos:  How To Grow A Podcast Organically What Would Happen If You Maxed Out Your Roth IRA By Age?! (These Results Will Amaze You!) How to Become a Millionaire With a Small Amount of Money (Is it Really This Easy!?) Pre-tax moves for high earners   Got questions? Ask me on Instagram Here. @mastermoneyco This is the fastest way to get in touch with me.    ============ Sponsors:     Thanks to Policygenius For Sponsoring the show! Check them out a Policygenius.com Thank you to Chime for sponsoring the show! Check them out at chime.com/pfp Thank you to Betterhelp for sponsoring the show! Check them out at http://betterhelp.com/pfp Thanks to Ka'Chava For Sponsoring the show! Go to kachava.com/pfp and get 10% off on your first order.  Thanks to Shopify for Sponsoring the show! Go to shopify.com/pfp and start selling online today. Thanks to Mint Mobile for supporting the show! Cut your phone bill to $15 a month by going to https://mintmobile.com/pfp Thanks to Fundrise for Sponsoring the show! Invest in real estate for as little as $10 by going to fundrise.com/personalfinance   ============   Want to Support the Show? Follow on Spotify or Follow and Leave a 5-Star Review on Apple Podcasts!   ============   Check out all the Stuff I Recommend!    USEFUL RESOURCES: Best Place to Open a Roth IRA: https://m1finance.8bxp97.net/5vzD1 My Favorite Free Net Worth and Budget Tool: https://fxo.co/905L Best High Yield Savings Account: https://bit.ly/3HpPjAr  Get a $10 Free Bonus with Acorns: https://bit.ly/3lV0LLE Best Bank and Debit Card for Kids: https://bit.ly/3pJeI09  Get $5 Free Bitcoin at Coinbase: https://bit.ly/3oIQOml Best Credit Building Tool: https://bit.ly/3rmBuwZ  Best Personal Finance Books: https://kit.co/MasterMoney/best-personal-finance-books    ============     DISCLAIMER: I am not a financial adviser. This Podcast is for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am sharing my opinion.    AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion.   ============     Check us out on social fam!    Twitter   Tiktok   www.thepersonalfinancepodcast.com   www.mastermoney.co Learn more about your ad choices. Visit megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

This episode talks about Vell's balling on a budget. The Good Read for this episode is Tax-Free Wealth: How to Build Massive Wealth by Permanently Lowering Your Taxes by Tom Wheelwright. After 31 years… Major Tax Reform — and what it means to you True overhaul of the tax law only happens about once every 30 years. In the past 75 years, the U.S. tax law has only seen three major revisions; one in 1954, the next in 1986 and most recently at the end of 2017. I have been fortunate as a tax professional to be heavily involved in the last two reforms. In 1986, I was a manager in the National Tax Department (NTD) of Ernst & Whinney (now Ernst Young). My primary responsibility during my three years there was to create, teach and administer tax courses to the Firm's U.S. tax professionals. Just as I arrived in the summer of 1985, I discovered that much of NTD's resources were being devoted to following the tax reform bill that had been introduced that year. This gave me, as a young tax professional, some amazing insight into the legislative process as well as the horse trading for tax reform. President Reagan wanted two things; simplicity (the 1985 act was call the Tax Simplification Act of 1985) and he wanted it to be revenue neutral (no net increase to the deficit). It took another year before bill was finally passed as the Tax Reform Act of 1986. (Simplicity took a back seat to other goals of the reform.) In 1986 the big winners from tax reform were individuals, with significantly lower tax rates, insurance companies (who got by relatively unscathed) and businesses. The big loser was real estate investors (the passive loss rules were used as a last-ditch effort to make a “revenue-neutral” bill. The result a few years later was the Savings and Loan debacle accompanied by a massive real estate depression and the government bailing out real estate through the RTC (Resolution Trust Corporation). Fast forward 31 years to 2017. What's Popping in Vell's World consist of Nia Long UPDATE, Delux Magazine's 2022 Power 100, Hurricane Ian, and more. Follow on Facebook, Instagram, and Twitter @VellsWorldPodcast Email vellsworldpodcast@ldmonger.com with any comments, questions, or concerns you would like mentioned in our upcoming episodes. To sponsor an episode send us an email. Don't forget to subscribe, tell a friend, and follow on all social media platforms. You can leave a voice message and become a monetary supporter for as little as .99 cent on the anchor.fm. --- Send in a voice message: https://anchor.fm/vellsworldpodcast/message Support this podcast: https://anchor.fm/vellsworldpodcast/support

In this episode of the Personal Finance Podcast, we're gonna talk about how to create a Bulletproof wealth protection plan. Join Our Newsletter here! Checklist of relevant episodes:  How to Invest In Real Estate Without the Headaches (Fundrise VS REITS!) How to Build Wealth With Airbnb Short Term Rentals with Lauren Keen Aumond How to Build Wealth (Even on a Low Income!) With Joshua Mayo How to Build Massive Wealth for Your Children (This went Viral!) The Wealth Building Fastlane (Wealth Accelerators!)   FREE GUIDES: ============== -Check out the free guide on where to put your money in what order!  https://www.mastermoney.co/stairway-to-wealth   -Here is the free How to Ask for A Raise ebook! https://www.mastermoney.co/get-a-raise-ebook   -Get Access to the 75-Day Challenge: https://www.mastermoney.co/75daychallenge    =============   We have a YOUTUBE channel! Check it out here!    Our Latest Videos:  How To Grow A Podcast Organically What Would Happen If You Maxed Out Your Roth IRA By Age?! (These Results Will Amaze You!) How to Become a Millionaire With a Small Amount of Money (Is it Really This Easy!?) Pre-tax moves for high earners   Got questions? Ask me on Instagram Here. @mastermoneyco This is the fastest way to get in touch with me.    ============ Sponsors:     Thanks to Policygenius For Sponsoring the show! Check them out a Policygenius.com Thanks to Mint Mobile for supporting the show! Cut your phone bill to $15 a month by going to https://mintmobile.com/pfp Thanks to Fundrise for Sponsoring the show! Invest in real estate for as little as $10 by going to fundrise.com/personalfinance Thank you to Chime for sponsoring the show! Check them out at chime.com/pfp Thank you to Betterhelp for sponsoring the show! Check them out at http://betterhelp.com/pfp Thank you to Apple Card for sponsoring the show! Check them out at https://www.apple.com/apple-card/   ============   Want to Support the Show? Follow on Spotify or Follow and Leave a 5-Star Review on Apple Podcasts!   ============   Check out all the Stuff I Recommend!    USEFUL RESOURCES: Best Place to Open a Roth IRA: https://m1finance.8bxp97.net/5vzD1 My Favorite Free Net Worth and Budget Tool: https://fxo.co/905L Best High Yield Savings Account: https://bit.ly/3HpPjAr  Get a $10 Free Bonus with Acorns: https://bit.ly/3lV0LLE Best Bank and Debit Card for Kids: https://bit.ly/3pJeI09  Get $5 Free Bitcoin at Coinbase: https://bit.ly/3oIQOml Best Credit Building Tool: https://bit.ly/3rmBuwZ  Best Personal Finance Books: https://kit.co/MasterMoney/best-personal-finance-books    ============     DISCLAIMER: I am not a financial adviser. This Podcast is for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am sharing my opinion.    AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion.   ============     Check us out on social fam!    Twitter   Tiktok   www.thepersonalfinancepodcast.com   www.mastermoney.co Learn more about your ad choices. Visit megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode of the personal finance podcast, we're gonna talk to David Meltzer about 2 Things You Must to Know Before Making an Investment With David Meltzer. He shares his incredible story from losing $100 million to coming all the way back to building wealth. About David: David Meltzer is the Co-founder of Sports 1 Marketing and formerly served as CEO of the renowned Leigh SteinbergSports & Entertainment agency, which was the inspiration for the movie Jerry Maguire. His life's mission is to empower OVER 1 BILLION people to be happy! This simple yet powerful mission has led him on an incredible journey to provide one thing: VALUE. In all his content and communication that's exactly what you'll receive. Connect With David: Davids Free Book David's Podcast The Playbook Instagram TikTok Davids Website Join Our Newsletter here! Checklist of relevant episodes:  How to Build Wealth (Even on a Low Income!) With Joshua Mayo How to Build Massive Wealth for Your Children (This went Viral!) The Stairway to Wealth 2.0 (The Order You Should Put Your Money in!)   FREE GUIDES: ============== -Check out the free guide on where to put your money in what order!  https://www.mastermoney.co/stairway-to-wealth   -Here is the free How to Ask for A Raise ebook! https://www.mastermoney.co/get-a-raise-ebook   -Get Access to the 75-Day Challenge: https://www.mastermoney.co/75daychallenge    =============   We have a YOUTUBE channel! Check it out here!    Our Latest Videos:  What Would Happen If You Maxed Out Your Roth IRA By Age?! (These Results Will Amaze You!) How to Become a Millionaire With a Small Amount of Money (Is it Really This Easy!?) Pre-tax moves for high earners   Got questions? Ask me on Instagram Here. @mastermoneyco This is the fastest way to get in touch with me.    ============ Sponsors:     Thanks to Policygenius For Sponsoring the show! Check them out a Policygenius.com Thanks to Mint Mobile for supporting the show! Cut your phone bill to $15 a month by going to https://mintmobile.com/pfp Thanks to Fundrise for Sponsoring the show! Invest in real estate for as little as $10 by going to fundrise.com/personalfinance Thank you to Chime for sponsoring the show! Check them out at chime.com/pfp Thank you to Betterhelp for sponsoring the show! Check them out at http://betterhelp.com/pfp Thank you to Apple Card for sponsoring the show! Check them out at https://www.apple.com/apple-card/   ============   Want to Support the Show? Follow on Spotify or Follow and Leave a 5-Star Review on Apple Podcasts!   ============   Check out all the Stuff I Recommend!    USEFUL RESOURCES: Best Place to Open a Roth IRA: https://m1finance.8bxp97.net/5vzD1 My Favorite Free Net Worth and Budget Tool: https://fxo.co/905L Best High Yield Savings Account: https://bit.ly/3HpPjAr  Get a $10 Free Bonus with Acorns: https://bit.ly/3lV0LLE Best Bank and Debit Card for Kids: https://bit.ly/3pJeI09  Get $5 Free Bitcoin at Coinbase: https://bit.ly/3oIQOml Best Credit Building Tool: https://bit.ly/3rmBuwZ  Best Personal Finance Books: https://kit.co/MasterMoney/best-personal-finance-books    ============     DISCLAIMER: I am not a financial adviser. This Podcast is for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am sharing my opinion.    AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion.   ============     Check us out on social fam!    Twitter   Tiktok   www.thepersonalfinancepodcast.com   www.mastermoney.co Learn more about your ad choices. Visit megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

Taxes take away a big chunk of our income. No wonder most people look at it negatively but did you know there are legitimate ways to reduce your tax payments? Today's guest believes that taxation is actually one of the most powerful tools for wealth creation.  In this episode, Joey and Russ interview Tom Wheelwright, an entrepreneur, bestselling author, Rich Dad Advisor® & International Authority on Tax. He is the CEO of WealthAbility, a company that offers a clear and simple guide for reducing taxes to start building your massive passive cash flow. Tom's goal in life is “to make taxes fun, easy and understandable.“ Tune in as Tom shares what he learned from his CPA practice and from Robert Kiyosaki himself.  Top 3 Things You'll Learn:  How to find a great CPA and Tax Advisor  Examples of legal tax incentives The importance of keeping good accounting records and proper documentation of all relevant transactions   About Our Guest: Tom Wheelwright is an entrepreneur, bestselling author, Rich Dad Advisor® & International Authority on Tax. He is the CEO of WealthAbility, a company that offers a clear and simple guide for reducing taxes to start building your massive passive cash flow. Tom's goal in life is “to make taxes fun, easy and understandable.“     Resources: Tax-Free Wealth: How to Build Massive Wealth by Permanently Lowering Your Taxes (Rich Dad Advisors) by Tom Wheelwright, CPA (Chapter 23 is all about How to Find a Great Tax Advisor) - https://www.amazon.com/Tax-Free-Wealth-Permanently-Lowering-Advisors/dp/1937832058 (https://www.amazon.com/Tax-Free-Wealth-Permanently-Lowering-Advisors/dp/1937832058) The Win-Win Wealth Strategy: 7 Investments the Government Will Pay You to Make by Tom Wheelwright, CPA - https://winwinwealthstrategy.com/ (https://winwinwealthstrategy.com/)     Connect with Tom Wheelwright: Website - https://wealthability.com/ (https://wealthability.com/) The WealthAbility® Podcast - https://wealthability.com/show/ (https://wealthability.com/show/) Take Advantage of a Free Financial Strategy Call: https://go.wealthwithoutwallstreet.com/free-financial-call (https://go.wealthwithoutwallstreet.com/free-financial-call)

Don't know where to start on investment deals? Or have you started but still need direction? For today's episode, we are joined with Justin Donald, a bestseller author and a lifestyle investing expert. Deeply rooted in excellence, Justin gives insights on everything you need to know about investment deals that will lead you to financial freedom. Take a seat, listen up, and learn how to stir up wealth in ways that you'll want, but most especially, in ways that you'll need. Topics Covered 2:20 - Justin shares his lifestyle shift, why he decided to do it, and how. 4:14 - What Justin does for his clients and how he's able to make a great income off of it. 14:21 - Justin gives advice on investments. 22:01 - The specifics of how being a real estate investor works. 30:12 - When to know if something is worth making a time investment or if you should pay someone to do it for you. 33:03 - Justin runs through some good cash flow vehicles. 38:42 - Businesses to avoid investing in. 39:43 - Successful businesses Justin has done deals with. 43:47 - The advantage of getting a good CPA. 45:45 - What you need to know about taxes & banks. 50:05 - Expecting the worst in the economy & being prepared. Resources Mentioned Tax-Free Wealth: How to Build Massive Wealth by Permanently Lowering Your Taxes Justin Donald Gift Justin Donald Mobile Home Park Masterclass Justin Donald Lifestyle Investor Podcast Justine Donald The Lifestyle Investor Love Justice International Join us for our upcoming events where the entire crew comes together for a life changing, mind-blowing experience. Discover Your Purpose - July 2022 July Event — Better Than Rich Business Leadership Mastery - September 2022 September Event — Better Than Rich Forest Through the Trees - November 2022 COMING SOON!!!! Listen to our podcast on Anchor You can also stream our podcast on the following platforms; Google Podcast Apple Podcast Connect with us; Website Facebook Instagram Twitter TikTok YouTube Linkedin --- Send in a voice message: https://anchor.fm/betterthanrichshow/message

In a world where there are multiple ways to spend money, take loans, and get your salary early thanks to India's Fintech infrastructure, Investments and Savings have lagged behind. To fill this gap, Nischay AG and his cofounder founded JarApp to tackle the savings problem in India. By rounding up our daily expenses, they made it quite simple to invest in GOLD. They have a user base of more than 8 Million users, and successive fundraising rounds valued their business at somewhat more than $200 Million, or more than 1500 Crores. Nischay AG, the co-founder of JarApp, will be talking to us today about the Indian startup ecosystem, money mistakes, some practical advice for getting rich, and a lot of lifelong lessons coming from making mistakes and learning from them. Sit Tight, Enjoy the Episode, and do share your thoughts in the comments.

In this episode of the personal finance podcast. We're gonna talk about how to build incredible wealth for your children. Here is the TikTok video that went viral. Checklist of what we talk about: How to build generational wealth for your children step-by-step. How you can generational wealth for your kids and reduce taxes. How to open a brokerage account.   Checklist of relevant episodes:  The Wealth Building Fastlane (Wealth Accelerators!) Should You have a Separate Account for Each Saving Goal? Is it Worthwhile to Invest in the Top 10 Holdings of an Index Fund?     FREE GUIDES: ============== -Check out the free guide on where to put your money in what order!  https://www.mastermoney.co/stairway-to-wealth   -Here is the free How to Ask for A Raise ebook! https://www.mastermoney.co/get-a-raise-ebook   -Get Access to the 75-Day Challenge: https://www.mastermoney.co/75daychallenge    =============   We have a YOUTUBE channel! Check it out here!    Our Latest Videos:  How To Grow A Podcast Organically What Would Happen If You Maxed Out Your Roth IRA By Age?! (These Results Will Amaze You!) How to Become a Millionaire With a Small Amount of Money (Is it Really This Easy!?) Pre-tax moves for high earners   ============   Got questions? Ask me on Instagram Here. @mastermoneyco This is the fastest way to get in touch with me.    ============ Sponsors:    Thanks to Policygenius For Sponsoring the show! Check them out a Policygenius.com Thanks to Mint Mobile for supporting the show! Cut your phone bill to $15 a month by going to https://mintmobile.com/pfp Thanks to Fundrise for Sponsoring the show! Invest in real estate for as little as $10 by going to fundrise.com/personalfinance Thank you to Hello Fresh for sponsoring the show! Go to Hello Fresh and use code PFP16 for 16 free meals and 3 free gifts. Thanks to Gusto for Sponsoring the Show! Check them out at Gusto.com/pfp. Thank you to Chime for sponsoring the show! Check them out at chime.com/pfp     ============   Want to Support the Show? Follow on Spotify or Follow and Leave a 5-Star Review on Apple Podcasts! ============   More Episodes You Will Love:    The Stairway to Wealth 2.0 (The Order You Should Put Your Money in!) How to Track Your Net Worth How to Set Money Goals You Will Actually Achieve How To Prevent Lifestyle Creep (Lifestyle Inflation) 7 Ways to Pay Down Your Student Loans Faster How You Can Have a Free Car for Life (It's True!) Why Your Savings Rate Matters    ============   Check out all the Stuff I Recommend!    USEFUL RESOURCES: Best Place to Open a Roth IRA: https://m1finance.8bxp97.net/5vzD1 My Favorite Free Net Worth and Budget Tool: https://fxo.co/905L Best High Yield Savings Account: https://bit.ly/3HpPjAr  Get a $10 Free Bonus with Acorns: https://bit.ly/3lV0LLE Best Bank and Debit Card for Kids: https://bit.ly/3pJeI09  Get $5 Free Bitcoin at Coinbase: https://bit.ly/3oIQOml Best Credit Building Tool: https://bit.ly/3rmBuwZ  Best Personal Finance Books: https://kit.co/MasterMoney/best-personal-finance-books    ============     DISCLAIMER: I am not a financial adviser. This Podcast is for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am sharing my opinion.    AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion.   ============     Check us out on social fam!    Twitter   www.thepersonalfinancepodcast.com   www.mastermoney.co Learn more about your ad choices. Visit megaphone.fm/adchoices   Learn more about your ad choices. Visit megaphone.fm/adchoices

It's no secret the stock and crypto markets have crashed... And how the housing market is showing signs of weakness.  With all these inflation and recession fears, most people will stick their heads in the sand and miss out on an opportunity to build generational wealth... But some people will take the "gift" of a market crash and use it to build massive wealth.  Which camp are you in? 

The tax code is written in a way that tells you what the government wants you to do. They reward some things, and punish others. Figuring out which is which, however, can be an expensive thing to do. Adam Schroeder and Zach Lemaster are joined by Rich Dad's Tom Wheelwright to discuss ways you can be structuring your work and investing to take advantage of everything the government has given you access to. Tom is CEO of WealthAbility, Rich Dad CPA, and #1 bestselling author of Tax-Free Wealth: How to Build Massive Wealth by Permanently Lowering Your Taxes and the new book The Win-Win Wealth Strategy: 7 Investments The Government Will Pay You To Make. -------------------------------------------------------- Website - www.RentToRetirement.com YouTube - www.YouTube.com/RentToRetirement Current Hotlist Properties - www.RentToRetirement.com/Hotlist

The tax code is written in a way that tells you what the government wants you to do. They reward some things, and punish others. Figuring out which is which, however, can be an expensive thing to do. Adam Schroeder and Zach Lemaster are joined by Rich Dad's Tom Wheelwright to discuss ways you can be structuring your work and investing to take advantage of everything the government has given you access to. Tom is CEO of WealthAbility, Rich Dad CPA, and #1 bestselling author of Tax-Free Wealth: How to Build Massive Wealth by Permanently Lowering Your Taxes and the new book The Win-Win Wealth Strategy: 7 Investments The Government Will Pay You To Make. -------------------------------------------------------- Website - www.RentToRetirement.com YouTube - www.YouTube.com/RentToRetirement Current Hotlist Properties - www.RentToRetirement.com/Hotlist

In This Episode: Everybody has a unique ability; something that they do better than everybody else. And the more we can spend time in that unique ability, the happier and more productive we'll be. A lot of people are still trading time for money somewhere in their lives and want to break away, but they need a transition, something more passive to get started. When the government controls your money, or when Wall Street controls your money, you're in trouble. But today's guest is here to help. Steven Libman is one of the managing partners of Integrity Holdings Group but prior to this, he was a real estate agent and a broker. He is a Christian business owner who purchases, acquires, and operates hundreds of millions of dollars of commercial real estate assets. He joins Jim on the podcast this week to share his journey from real estate agent to real estate business owner and how he has bought and sold over 150 million dollars worth of property and owns more than 1000 multi-family units. For so long, we have been told that the traditional way of investing is the only way, but there is a paradigm shift occurring and younger people are no longer looking to pump money into Wall Street. Real estate investing is a business, but is it a viable alternative? Steven shares why money sitting in Wall Street is dying, why the 401K is a financial slave plan, and why real estate investing is the best wealth-building concept in the world. If you are interested but have yet to pull the trigger on getting into real estate, hear the first step Steven would take and his advice for anybody interested in breaking into the industry. - Let us tell you about a new course that just landed in the CreateTailwind community called TaxInvisible. In this course, Jim Oliver, founder + coach at CreateTailwind, shares why we need to be TaxInvisible and how IBC gets you there. With taxes continuing to go up, they become more of an attack on our wealth. What ‘they' are telling us to do with our money isn't right. In this course you'll learn: - What's happening with inflation and taxes - Where to store your money - Why we have to take advantage of every opportunity with the current internal revenue code. - What actions to take to break away from the herd Reverse the lie, learn what the wealthy already know, and learn to be TaxInvisible.   Resources Mentioned in This Episode: Tax-Free Wealth: How to Build Massive Wealth by Permanently Lowering Your Taxes by Tom Wheelwright Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! by Robert T. Kiyosaki Thinking, Fast and Slow by Daniel Kahneman The Road Less Stupid by Keith J. Cunningham   Connect with Steven Libman: Website: https://integrityhg.com/ Podcast: https://podcasts.apple.com/us/podcast/free-from-wall-street/id1479043554   Email: steven@integrityhg.com Invest with Purpose: https://integrityhg.com/invest-with-purpose   Connect with Jim Oliver: Join our Community:  https://community.createtailwind.com Facebook: CreateTailwind & Jim Oliver Website: CreateTailwind.com YouTube: createtailwind.com LinkedIn: Jim Oliver

Have you ever found yourself wondering if something is coming from your intuition or if it's just an idea in your head that you put there that's actually not necessary?   Today we are diving into how to tap into your intuition to get super clear on how to tune into your intuition especially when it comes to building wealth and hearing it without a doubt to confidently take action.   In this episode you'll learn: → how to tap into your intuition → how to think from the mindset of massive wealth → how to visualize wealth far beyond money on a screen   Questions I answer: → what if I can't tell if it's my intuition or my own idea? → what does it feel like when you get an intuitive hit? → what if I go to take action and just hear unsupportive thoughts?   Links/ Resources: → Connect with me on Instagram → Wondering if working 1:1 with Kai is your next right step? Apply here → Uncover Generational Wealth Blocks in 90 Seconds → Visit the website → Questions? email me at kai@kaihernandez.com

Does networking online really work? How do you make sure you stand out? Vish Muni, Founder of PGL properties, reveals the tips and tricks that have helped him excel at networking to find new deals. He also discusses what he looks for in an operator and reviews his latest deals. Vish Muni | Real Estate Background Founder of PGL Properties, a multifamily firm that syndicates Class B and C properties. Portfolio: GP of 432 units. LP of 695 units. Based in: Belton, TX Say hi to him at: www.pglpropertiesllc.com Instagram: munivish Linkedin: linkedin.com/in/vishmuni Best Ever Book: Tax-Free Wealth: How to Build Massive Wealth by Permanently Lowering Your Taxes by Tom Wheelwright Click here to know more about our sponsors: Deal Maker Mentoring | PassiveInvesting.com | FollowUp Boss 

For many CPAs, it feels risky to pick a cross-section of the tax code and burrow in. The fear is around losing clients, having to turn people away, and what if there's a recession? Consequently, most CPAs work as generalists, and pay the price in the form of seemingly infinite rotations on the hamster wheel.  Longtime listeners to this podcast know that I am a HUGE proponent of niching, because it makes business better in countless ways.  My guest today has built an exemplary business around expertise in one niche, and that person is Tom Wheelright.  Tom is a visionary and best-selling author behind multiple companies that specialize in wealth and tax strategy.    Highlights: — “With the advantage of age, you learn that a very generalized practice is actually the slow way to build a business and an even slower way to build net revenue.”  — “The more education you give away, the more people will buy.” — “Being mission-driven instead of money-driven makes all the difference in the world because then we can be niche-focused. Then we can actually say “these are the people we want to serve, and this is what we want to do with them.” — “We have a very clear message to the public and that's why so many people come to us.” — “An educated client is a better client. If the client gets good education, they become more successful.”   ***Want one piece of business strategy delivered daily to your inbox?*** Subscribe here: https://www.shethinksbigcoaching.com/subscribe-main-list Connect with TOM: Website: https://tomwheelwright.com/ LinkedIn: https://www.linkedin.com/in/tomwheelwright/ Tom's book:  Tax-Free Wealth: How to Build Massive Wealth by Permanently Lowering Your Taxes https://www.amazon.com/Tax-Free-Wealth-Massive-Permanently-Lowering/dp/1947588052/  

Levi Keene is a man on the move and is raising money for syndicating real estate deals. His Secret Sauce for Success is that he likes to analyze the situation before jumping to pick the most efficient plan. Some of his favorite books are: Richard Kiyosaki - The Cash Flow quadrant and Rich Dad Poor Dad Thomas Wheelwright - Tax-Free Wealth: How to Build Massive Wealth by Permanently Lowering Your Taxes Brandon Turner with Bigger Pockets: BRRRR He likes to read anything by John Bogle and the Bogleheads. Podcasts: Levi likes are New Polity Levi can be reached at Levi.Keene@gmail.com

In the first part of this episode, we discuss everything you need to know on how real estate syndications work. Now, Steven walks you through the steps and processes to smartly invest in syndications. Stay connected if you're thinking of syndications as your next investment! Key takeaways to listen for 01:46 2 types of returns in real estate syndication 05:34 How to use your retirement funds/account to invest in real estate syndications 08:19 Tips on how to accelerate your depreciation benefits Resources mentioned in this episode The Ultimate Guide to Real Estate Syndication Investing - Part 1 Tax-Free Wealth: How to Build Massive Wealth by Permanently Lowering Your Taxes by Tom Wheelwright Connect with Us Want to learn more about real estate investing? Visit Integrity Holdings Group to sign up for our 7 Day Passive Real Estate Investing Course (it's free)!

Check out this replay of Steven's inspiring interview with Blake Dailey of The Multifamily Journey Podcast, where you'll learn practical lessons about the flip world, moving from active to passive income, and going big. Listen in and be strategic with your future! Key takeaways to listen for Why real estate is the best asset of choice? The syndication realm before versus today Importance of business sponsors, relationships, and partnerships Right structures to raise funds/offerings Unconventional alternatives to properly invest your money Resources mentioned in this episode The Multifamily Journey Podcast Episode: Getting Started and Growing Quickly Using Your Competitive Advantage with Steven Libman Growth Vue Properties Fund of Funds (FOF) Millionaire Kids! Tax-Free Wealth: How to Build Massive Wealth by Permanently Lowering Your Taxes by Tom Wheelwright About Blake Dailey Blake absolutely loves real estate and the power it has to completely change around a person's finances and how it can open up their world to new possibilities. It has done exactly that for his wife and him when they in their first year reached the point of financial independence with their properties, where their net cash flow exceeded his W2 income. He is still full-time active duty and she recently earned her doctorate in physical therapy from Baylor University, so they both work full time. But by hustling over the last year, they acquired 117 units (A mix of residential multifamily, commercial multifamily, and commercial short-term rentals which Blake affectionately calls BrrrrBNB's) and have more than replaced his active-duty income and still growing! Now he focuses his content on opening those same doors for other people. Blake is the host of The Multifamily Journey Podcast where he gives listeners insights into fulfilling their lifestyle and wealth goals by investing in multifamily real estate. The podcast serves to provide you with a transparent look into what it takes to become successful with real estate investing. Every Tuesday, Join Blake Dailey, as he interviews successful real estate investors and entrepreneurs as they share actionable advice on how to grow and scale. Connect with Blake Website: Multifamily Journey YouTube: Multifamily Journey Connect with Us Want to learn more about real estate investing? Visit Integrity Holdings Group to sign up for our 7 Day Passive Real Estate Investing Course (it's free)!

Listen in to/watch this stream on the topic entitled:.“You Must Be (______________) To Build Massive Wealth”.Watch the stream replay to get the answer. Love and Share this stream. Tag everyone you know..Book Credit: “Miracle Morning Millionaires” by Hal Elrod and David Osborn.Get involved. Build wealth using a phone or laptop. Learn here: www.getpaidbitcoin247.com

Tim Ulbrich talks through 5 financial moves you should consider making in 2022 to accelerate your financial plan. Key Points From This Episode How to take advantage of this time to reset, refocus, or create your financial plan.  Finding the balance between your qualitative and quantitative goals.  Tim offers to be your accountability partner. How to take your tax strategy to the next level. Updating your important financial documents: what is a legacy folder and why you should get one. Revisiting your student loan game, plus some great resources to help. Set your personal learning plan with our top book and podcast recommendations.  A reminder of the YFP services and community available to support your financial journey Links Mentioned in Today's Episode YFP Planning: Financial Planning for Pharmacists Schedule a free Discovery Call with YFP Planning Seven Figure Pharmacist by Tim Church, PharmD and Tim Ulbrich, PharmD YFP Real Estate Investing Podcast Email Tim Ulbrich with Your 2022 Goals and Why:  tulbrich@yourfinancialpharmacist.com YFP 233: Tax Moves to Consider Before 2022 Join the YFP Tax Waitlist Financial Peace University YFP 222: Why Estate Planning is Such an Important Part of the Financial Plan Create a Comprehensive Estate Plan with Thoughtful Wills YFP 236: Gen X Pharmacists: Financial Challenges and Money Strategies Learn More About Our 1:1 Student Loan Analysis with a CFP® - Use coupon code YFP for 10% off BiggerPockets Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! by Robert T. Kiyosaki The Millionaire Next Door: The Surprising Secrets of America's Wealthy by Thomas J. Stanley, Ph.D. and William D. Danko, Ph.D. The Compound Effect: Jumpstart Your Income, Your Life, Your Success by Darren Hardy The Truth About Money by Ric Edelman Tax-Free Wealth: How to Build Massive Wealth by Permanently Lowering Your Taxes by Tom Wheelwright The Automatic Millionaire, Expanded and Updated: A Powerful One-Step Plan to Live and Finish Rich by David Bach The Behavioral Investor by Daniel Crosby Happy Money: The Science of Happier Spending by Elizabeth Dunn and Dr. Michael Norton Join the Your Financial Pharmacist Facebook Group Your Financial Pharmacist Disclaimer and Disclosures

A Simple Way To Build Massive Wealth Going Into 2022

This week's podcast is a replay where Steven joined The Alternative Investing Advantage and talked about why you should see the tax code as a book of rules and incentives rather than a scary monster. Listen to this episode to learn how to take advantage of the tax code and the best timeframe for holding an asset to maximize tax benefits. Key takeaways to listen for Why you shouldn't be afraid of the IRS Is it a good idea to hold an asset for 5 years? 3 economic indicators you need to pay attention to An asset class that will outperform in the next 10 years The importance of finding people that resonate with your core values Resources mentioned in this episode Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! Tax-Free Wealth: How to Build Massive Wealth by Permanently Lowering Your Taxes The Alternative Investing Advantage About Alex Perny Alex Perny is a business development specialist at Advanta IRA. He joined Advanta IRA in 2012 and holds the distinct designation of Certified IRA Services Professional (CISP). His specialty and knowledge enable him to educate clients and investors on self-directed IRAs in various seminars, webinars, and networking events. Alex is a jack of all trades, but he can often be found tinkering on various car projects or spending time with his wife and dog. Connect with Alex Website: www.advantaira.com Facebook: Advanta IRA Twitter: @AdvantaIRA YouTube: Advanta IRA LinkedIn: Advanta IRA Connect with Us Want to learn more about real estate investing? Visit Integrity Holdings Group to sign up for our 7 Day Passive Real Estate Investing Course (it's free)!

If you're looking to invest in a real estate syndication but still a little hesitant, join us today as Diana Morgan shares why she decided to invest with Integrity Holdings Group and what her experience has been so far. Key takeaways to listen for Self-managed rental properties vs. syndication Tax benefits for real estate professionals Giving back to the community through real estate How to overcome the fear of investing in a syndication Resources from this episode Tax-Free Wealth: How to Build Massive Wealth by Permanently Lowering Your Taxes About Diana Morgan Diana Morgan is a real estate investor from New Jersey and a REALTOR at Keller Williams Realty. Connect with Diana Website: dianamorgan.kw.com Instagram: @dianasellsnj Facebook: Diana Morgan Real Estate E-mail: dianamorgansellsnj@gmail.com Connect with Us Want to learn more about real estate investing? Visit Integrity Holdings Group to sign up for our 7 Day Passive Real Estate Investing Course (it's free)!

This episode is another replay of one of Steven's interviews with Yonah Weiss - Cost Segregation Expert and Host of Weiss Advice Podcast. Stay tuned to learn how and why Steven transitioned from residential to multifamily real estate, and find out some ideas to start investing with purpose. Key takeaways to listen for Why should you invest in multifamily? The best method to get into multifamily real estate What is impact investing? A simple way to be proactive with your charity Resources mentioned in this episode Tax-Free Wealth: How to Build Massive Wealth by Permanently Lowering Your Taxes Never Split the Difference: Negotiating As If Your Life Depended On It Weiss Advice episode: Investing in Order to Give with Steven Libman About Yonah Weiss Yonah Weiss is Business Director for Madison SPECS, a company dedicated to providing expert, engineering-based cost segregation studies for reclassifying real estate components and improvements to accelerate depreciation deductions, defer taxes and improve cash flow. He's also the host of Weiss Advice Podcast, where he gets to learn from the most successful people in real estate. Connect with Yonah Website: www.yonahweiss.com Facebook: Real Estate Connections LinkedIn: Yonah Weiss YouTube: Yonah Weiss Podcast: Weiss Advice Connect with Us Want to learn more about real estate investing? Visit Integrity Holdings Group to sign up for our 7 Day Passive Real Estate Investing Course (it's free)!

Getting scammed and having your whole life savings wiped out in your first real estate venture is never fun at all. And you have your health issues to deal with on top of that. How do you turn things around to work to your advantage, start anew, create a real estate business, and grow it to attain financial freedom? In this episode, Tim Tsai shares his knowledge, experience, and passion for helping others live the life of their choice, and talks about his personal mission of creating 1,000 millionaires by 2040 through financial education. What you will learn from this episode: Find out a formula that Tim created to help you find your 'why,' translating that into financial goals, leveraging them to create strategies to accomplish something Discover a different approach to real estate investing that earns you financial freedom, other than the conventional way of doing it Learn about the strategies and insights on building your real estate investing portfolio that's resilient against economic downturns 3 Rs Read Resource Reflect Read / Listen: Primary Greatness: The 12 Levers of Succcess by Stephen Covey The Saint, the Surfer, and the CEO: A Remarkable Story about Living Your Heart's Desires by Robin Sharma Tax-Free Wealth: How to Build Massive Wealth by Permanently Lowering Your Taxes by Tom Wheelwright How I Built This - Podcast with Guy Raz Resource: Audible Reflect: "Be the change you want to see in the world." - Gandhi "Life is not difficult. You make it difficult." - Tim Tsai "Time is everything, we're all given 24 hours a day. What you do in those 24 hours paves the way for the life you live." - Tim Tsai   Tim Tsai is a full-time real estate investor and co-founder of Trust Your Talent, a Canadian Financial Education platform, and currently based in Edmonton, AB and travelling extensively to keep an eye on his investments. He came to Canada from Taiwan at age 17-minus-one day to learn English. After 16 months in the Canadian high school system, he went to university for Marketing with a dream of getting into an advertising agency. Since working at an advertising agency didn't work out, he found a mentor – from a local program called "Leaders of Tomorrow" at the Vancouver Board of Trade, who encouraged him to embrace a career in sales instead After retiring himself at the age of 30, Tim began to pursue another goal and passion of his – helping those who are committed to achieving financial freedom do the same. With the investment he made in his own financial education, Tim became financially free in 2 years (25 months to be exact) after his first training. To this day, Tim continues to be an active investor as he believes investing is a "lead by example" venture. In the past few years, Tim has built cash-flowing portfolios in Canada, US and the UK, using a variety of strategies – income properties, lease options (residential and commercial), creative financing, flipping, wholesale, infill development, mobile home parks, etc. His previous career experience included internet marketing, B2B sales for small and medium-sized businesses, mass marketing campaigns, sales management, direct marketing, and strategic business planning. These collective experiences have equipped Tim with the skills and fundamental knowledge of creating truly win-win scenarios for his business associates and investors. Topics Covered: 04:04 - On a personal mission in creating a thousand millionaires by 2040 via real estate 09:28 - How his health concerns paved the way to build core values on running his real estate business 17:52 - That story of his first attempt at real estate that shook him to the core but brought him to where he is now 25:50 - Moving away from the whole fiasco and starting over again 27:51 - Sharing important marketing lessons 36:53 - Reasons he got attracted to the UK market 44:17 - Recommending real estate as a full-time, part-time gig for new investors 46:46 - What he suggests as a portfolio for any new investor 47:33 - Favorite personal brand and why 48:15 - Podcast show that he follows 48:32 - Resource that he enjoys using 49:22 - Books he currently reads and recommend 50:14 - Quotes he lives by Key Takeaways: "And one of my personal goals was just to let people know how attainable financial freedom really is. I think most people don't have a blueprint; they don't have a roadmap in terms of how things can be done. Because it really doesn't take a whole lot as long as you have the right strategies and the right systems and the right path to follow." - Tim Tsai "I've spent the last decade now feeling better, looking better, treating myself better, and acquiring different tools to feel good and look good. So that I can legitimately stand in front of people and say, this is what I'm passionate about -- financial independence and financial freedom because it's not so much about the real estate side of things. A real estate is a tool, money is a tool. It's about what it can allow you to do to build a life that you deserve." - Tim Tsai "I just realized that, 'Oh, okay. I come from a marketing background; I want it to look professional at the same time, I want it to be educational.' And so I think my marketing for the last decade plus now has always been focusing more on education rather than what is it? It's always what is it, how does it work? But more importantly, what can it do for you? - Tim Tsai "How I do my marketing is really understanding people's why, what drives them? And let's get some clarity on that, no different than 1000 millionaires by 2040. There's a deadline, there's a clear goal, and there is a term that everybody can relate to." - Tim Tsai "This is why going back to tie it all back in here is that even in the UK, we are in multiple markets as well. And it's all performance-driven. Before we determine strategies, we always have a solid financial goal in terms of what we want to accomplish in every market because it isn't cheap going to different markets. It's also not about how much you make, it's more importantly about how much you get to keep what you've made." - Tim Tsai "So with investors that I work with myself for our own portfolio, and with the students that we train, I always say at the very minimum two by two. So once we've determined your financial goals, two strategies in two different markets, so that you are not 'live or die' by one market and one strategy." - Tim Tsai Connect with Tim Tsai: trustyourtalent.com Instagram Facebook Connect with Paul Copcutt: reibranded.com LinkedIn Email: podcast@paulcopcutt.com Music: Thank you to Zoax for the intro music  

Learn How To Build Massive Wealth By Leveraging 1031 Exchanges And Other IRS Tax Codes w/ Tommy Hinson   Welcome to episode 8 of The Multifamily Millionaire: Real Income From Real Estate. This week Jason welcomes Tommy Hinson to the show. Tommy Hinson oversees all capital market and investor relations for IMH Companies. Besides his role at IMH, Mr. Hinson is the Chief Executive Officer at Investors 1031 Exchange. At Investors 1031, he consults with upper management on all objectives for the company. He has been in the fiduciary services industry since 1996. He is an expert with thousands of hours doing educational seminars and speaking engagements on all real estate tax structures including 1031 Exchanges. Mr. Hinson's media appearances include ESPN Radio, KCBQ San Diego, and “Market Updates” on “The American Dream” television show and he was a panelist on the San Diego Global Investment Forum on Alternative Funding.   Listen to this stellar episode of The Multifamily Millionaire: Real Income From Real Estate with Tommy Hinson, in which he and Jason break down 1031 exchanges (as well as the other types of exchanges) and address many other topics about investing in real estate in general. Here is what to expect on this week's show: What exactly Tommy does and how he became CEO of Investors 1031 Exchange. Why he also works in Utah with a home building division (hint: it keeps growing!). A detailed examination of 1031 exchanges and why you need to know what it is and why you should use them. The 3 types of exchanges available to real estate investors and what exactly they offer you. Why you need to be aware of reverse exchanges and when it may be useful for you. A breakdown of depreciation and how it can actually be quite beneficial. How long do you need to hold a value-added property to satisfy the tax codes when looking to invest in another larger property. Will 1031 exchanges ever go away?   Connect with Tommy: Email: TWH1031@gmail.com 858-539-1031 https://www.i1031x.com/ Guest Contact Info: Twitter: https://twitter.com/twh1031 Instagram: https://www.instagram.com/twh1031/?hl=en Facebook: https://www.facebook.com/tommy.hinson.94 LinkedIn: https://www.linkedin.com/in/1031specialist/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Tom Wheelwright, the author of Tax-Free Wealth: How to Build Massive Wealth by Permanently Lowering Your Taxes, is an entrepreneur, best-selling author, Rich Dad Advisor, a CPA, and an international authority on tax. In his own words, “My goal in life is to make taxes fun, easy & understandable!”I wanted to review this book to give those who want to keep more of your money and be smarter with a resource to be able to do that. Buy the book here: https://amzn.to/3g7sjdT+++++Subscribe to the Podcast!▶︎ PODCAST: https://bit.ly/3qpki6YFollow us on Social Media:▶︎ WEBSITE | https://thebooklegion.com▶︎ YOUTUBE  |  http://bit.ly/2MZJ3Io▶︎ INSTAGRAM  |  https://instagram.com/thebooklegion▶︎ FACEBOOK  |  https://facebook.com/thebooklegionCheck out Tyzer Evans' other Podcast, Grind Sell Elevate here: https://bit.ly/3bU6D3l

Join Daniel Nickles and Chris Thompson with their guest Paul Moore of Wellings Capital as they speak on the importance of visualizing an asset's intrinsic value, the mom-and-pop strategy, and how newcomers can compete in a highly voracious market of passive investors. In his years of experience, Paul finds that most people lean on the idea – the safest assets are the core assets. In this episode, listen as Paul explains why he doesn't believe in the concept and how he takes inspiration from Michelangelo's treatment of marble works as an operator.   In this episode you will learn: The difference between speculating and investing. Look closely at the margin of safety! What can operators learn from Michelangelo? Get linked to an operator with a great team and track record. An asset type with a shrinking supply and an increasing demand.   About Paul Moore: Paul Moore is the Founder and Managing Partner of Wellings Capital. After graduating with an engineering degree and then an MBA from Ohio State, Paul entered the management development track at Ford Motor Company in Detroit. After five years, he departed to start a staffing company with a partner. They scaled and sold the company to a publicly-traded firm five years later. After a brief "retirement," Paul began investing in real estate in 2000 to protect and grow his own wealth. He completed over 85 real estate investments and exits, appeared on HGTV's House Hunters, rehabbed and managed dozens of rental properties, and developed a subdivision. After completing three successful real estate developments, including assisting with the development of a Hyatt hotel and a very successful multifamily project, Paul narrowed his focus to commercial real estate in 2010.   Paul is married with four children and lives in Central Virginia.   Connect with Paul Moore on: Website:              https://www.wellingscapital.com/ Twitter:                https://twitter.com/paulmooreinvest/   The Perfect Investment - Create Enduring Wealth from the Historic Shift to Multifamily Housing, Book by Paul Moore: https://www.amazon.com/Perfect-Investment-Enduring-Historic-Multifamily                 Connect with Two Smart Assets on: Website:              https://twosmartassets.com/ Facebook:           https://www.facebook.com/TwoSmartAssets/ Instagram:          https://www.instagram.com/twosmartassets/ YouTube:             https://www.youtube.com/channel/UC5b8x2o3ByaPBcz5Lkev7uw   ✅Check out our free apartment syndication sample deal: https://twosmartassets.com/sample-deal-form  

With so many investment options, you should be well-versed in the ins and outs of investing as a whole. Join Alpesh Parmar as he describes real estate diversification and investing in various asset classes. Tune in to learn more!Key Takeaways To Listen ForChallenges in out-of-state investingAdvantages of switching to different asset classesImportance of having a partner and mentor when investing in mobile home parksFocusing on location Why integrity and honesty is important as a real estate investorMobile home parks and senior housing affordabilityGiving back to investors and to the communityResource Mentioned In This EpisodeLinkedInBest Places To LiveTax-Free Wealth: How to Build Massive Wealth by Permanently Lowering Your TaxesAbout Alpesh ParmarAlpesh Parmar is an entrepreneur, real estate investor, business owner, author, mentor, and podcast host. He owns over 100 residential rental units in markets like Atlanta, Columbus, and Birmingham. Besides, he invests in international markets like Belize, Panama, Paraguay, and India.  Connect With Alpesh ParmarWebsite: Wealth MattersPodcast: Wealth Matters PodcastYoutube: Wealth MattersTo Connect With UsPlease visit our website: www.bonavestcapital.com and please click here, to leave a rating and review!SponsorThinking About Creating and Growing Your Own Podcast But Not Sure Where To Start?Visit GrowYourShow.com and Schedule a call with Adam A. Adams

Jason Porter has been investing in real estate since 1992 using creative methods that maximize profits and accomplish a social good too. Imagine earning 16% to 300% on your money while providing lower income individuals, military families and first-time home buyers with clean, safe, affordable housing. He has been speaking on my real estate investing strategies, entrepreneurship and peak personal performance since 1998. He has shared the stage with Kurt Warner, Barbara Bush, Zig Ziglar, Tom Hopkins, Tommy Lasorda and many others. Jason has been blessed to have spoken in 17 countries to more than 500,000 people with audiences as large as 12,000 and as small as 10. Connect with Jason Moss: Youtube: Real Estate Getting Started https://www.youtube.com/c/RealEstateGettingStarted/featured Website: https://www.realgooddeeds.com/ LinkedIn: https://www.linkedin.com/in/jason-porter-8a94165/ Connect with Seth Ferguson: http://www.SethFerguson.org

With a new Administration in the White House, there is a lot of speculation surrounding Biden’s tax plan and the impact it will have on business owners. In today’s episode, the guests discuss how you can take advantage of tax incentives regardless of who is in office.  The rich pay very little in income taxes because they don't earn their money as employees do. They know that the best way to legally avoid taxes is by generating passive income out of the right side of the CASHFLOW Quadrant—the Business (B) and Investing (I) side. Tom Wheelwright, Rich Dad Advisor and author of “Tax-Free Wealth: How to Build Massive Wealth by Permanently Lowering Your Taxes” says, "Tax laws are a series of incentives for Entrepreneurs and Investors. If you're going to make the big bucks and pay less taxes, you better focus on getting to the B / I side of the CASHFLOW Quadrant."  Garrett Sutton, the author of several books, including “Start Your Own Corporation” says, “It’s important to set up your entity to protect yourself from paying high tax rates and lawsuits.” Hosts Robert & Kim Kiyosaki and guests Garrett Sutton and Tom Wheelwright discuss the tax advantages for business owners and how to pay less tax legally.  Visit Tom Wheelwright’s website: https://wealthability.com Visit Garrett Sutton’s website: https://corporatedirect.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Tim Ulbrich talks through 10 financial moves to make in 2021. It’s time to turn the page on 2020 and start 2021 off the right way and that’s with an intentional plan. Mentioned on the Show: YFP Planning: Financial Planning for Pharmacists Join the YFP Facebook Group YNAB. Your Best Year Ever by Michael Hyatt 10 Financial Discussions Every Couple Should Have YFP 165: The Power of a Health Savings Account I Will Teach You To Be Rich by Ramit Sethi YFP 057: The Power of Automating Your Financial Plan Your Financial Pharmacist Blog Use Coupon Code ‘YFP’ for 15% Off: The Pharmacist’s Guide to Conquering Student Loans by Tim Church, PharmD YFP 184: How to Optimize Your 2021 Tax Strategy File Your Taxes with Your Financial Pharmacist YFP 044: How to Determine Your Life Insurance Needs YFP 045: How to Determine Your Disability Insurance Needs YFP 155: Why You Need Liability Insurance Protect Your Income with Life and Disability Insurance YFP 173: Using Systems to Automate Real Estate Investing w/ Ryan Chaw YFP 178: 5 Lessons Learned from Nate’s First House Flip w/ Nate Hedrick YFP 182: How This New Practitioner is Leveraging a Team to Invest in Long-Distance Real Estate w/ Young Park  Bigger Pockets Bigger Pockets Real Estate Investing Forums Bigger Pockets Real Estate Podcast The Bigger Pockets Blog ABC’s of Real Estate Investing by Ken McElroy Dave Ramsey’s Financial Peace University Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! by Robert T. Kiyosaki The Millionaire Next Door: The Surprising Secrets of America's Wealthy by Thomas J. Stanley and William D. Danko The Automatic Millionaire: A Powerful One-Step Plan to Live and Finish Rich by David Bach Tax-Free Wealth: How to Build Massive Wealth by Permanently Lowering Your Taxes by Tom Wheelwright The Truth About Money by Ric Edelman The Compound Effect: Jumpstart Your Income, Your Life, Your Success by Darren Hardy The Behavioral Investor by Daniel Crosby Happy Money: The Science of Happier Spending by Elizabeth Dunn and Dr. Michael Norton YFP Planning: Financial Planning for Pharmacists Book a Free Discovery Call with YFP Planning YFP 181: How YFP is Different Than Most Financial Planning Firms

Paul Eikenberg, YFP Director of Tax and CFO, joins Tim Ulbrich to talk about how to optimize your tax situation in 2021. Paul discusses the difference between tax planning and preparation, common tax planning mistakes he sees pharmacists making, and strategies pharmacists should consider employing to optimize their tax situation. Mentioned on the Show 2020 End of Year Financial Checklist File Your Taxes with YFP YFP 070: Pre-Planning for Tax Season Tim Baker, CFP® and Director of Financial Planning  Bureau of Labor Statistics: Pharmacists Federal Student Aid: Public Service Loan Forgiveness (PSLF) YFP 165: The Power of a Health Savings Account Why I’m Not Using My Health Savings Account to Pay for Medical Expenses Tax-Free Wealth: How to Build Massive Wealth by Permanently Lowering Your Taxes by Tom Wheelwright YFP Planning: Financial Planning for Pharmacists Why Most Pharmacists Should Do A Backdoor Roth IRA YFP 096: How to do a Backdoor Roth IRA Book a Discovery Call with YFP Planning

Do you want to learn how you can buy your first apartment building and parlay that into massive wealth?   The account owner of Real Estate God on Twitter became a junior partner in a PE firm by age 22, now growing a multifamily RE portfolio on the side as well.   Commercial real estate Real estate private equity Buying your first property Favorite asset class Maximizing deal flow How to structure the deal for maximum upside How to make a low cap environment work   Real Estate God’s Course & resources: https://gumroad.com/a/193721459 https://twitter.com/TheRealEstateG6   Chase’s resources: www.chasemaher.com Follow Chase on Twitter Follow Chase on Instagram Follow Chase on YouTube

Moneeka Sawyer is the blissful millionaire. She turned $10,000 to $5,000,000 working 5-10 hours per MONTH and hosts the top rated podcast Real Estate Investing for Women. Top 3 Value Bombs: 1. Bliss is a deep sense of joy and contentment, and it is the confidence that you can handle anything that comes your way. 2. The complete process of creating the systems, creating the goals, and creating the strategy starts with asking yourself - Who am I? 3. There are a million ways to make a million dollars in real estate you just have to have a mentor to help succeed in this business. Visit and learn how Moneeka created a consistent income source for life by investing ONLY 5 hours a MONTH - Blissful Investor Sponsors: Thrivetime Show: Looking for a business coach who has helped thousands of entrepreneurs just like you to increase their profitability by an average of 104% per year? Schedule your free consultation today with Clay Clark at ThrivetimeShow.com/fire! Thinkific: Join Thinkific’s first ever 5-day Course Challenge and walk away with a complete blueprint for your online course that you’ll be ready to put into action! Sign-up for this FREE challenge today at Thinkific.com/fire!

https://www.biggerpockets.com/blog/wealth-through-rentals

OVERVIEW: Jason A. Duprat, Entrepreneur, Healthcare Practitioner and Host of the Healthcare Entrepreneur Academy podcast talks about the top two costs you’ll face as a business owner, how to reduce tax liabilities legally and how to avoid missed opportunities.   EPISODE HIGHLIGHTS: The top two costs business owners face are tax liabilities and missed opportunities. The average person pays between 40 and 50% of the money they earn in  taxes. Some of the taxes business owners pay include payroll, income, state, property, sales and capital gains.   Since taxes are the number one expense, you should reduce your tax liabilities legally. Fortunately, the tax law is designed to help you save money. If you educate yourself on the amount you’re paying and how much you can save through different tax strategies, you can cut your tax bill in half. Jason recommends working with a CPA and tax strategist. Most tax strategists will charge anywhere from 20-30% of a year’s anticipated tax savings. For instance, if they can save you $10,000, they might charge $2,000 to $3,000. Jason recommends reading to educate yourself about taxes through online courses, podcasts and books. The tax code exists so the government can incentivize what they think is going to help them grow and help the economy grow. Two great books Jason recommends are “Lower Your Taxes - BIG TIME!” by Sandy Botkin and “Tax-Free Wealth” by Tom Wheelwright.  The second biggest expense for entrepreneurs is opportunity cost. Opportunity cost is the loss of potential gain from other alternatives when one alternative is chosen. The best thing you can do is become knowledgeable so you can make good business decisions. Invest in yourself through education and coaching.    3 KEY POINTS: The top two costs you’ll face as a business owner are tax liabilities and missed opportunities. To help you cut your taxes significantly, work with a good CPA and a good tax strategist. To avoid opportunity cost, become as knowledgeable as possible so you don’t miss out on making good business decisions.   TWEETABLE QUOTES: “Did you know the average person pays between 40 and 50% of the money they earn in total taxes? That’s an absolutely insane number.” - Jason Duprat   (Reflecting on opportunity costs)...“When you have the opportunity to invest in yourself, to surround yourself with other people who can help guide you on your business journey, on your entrepreneurial journey, then maybe you’ll give that a second thought.” - Jason Duprat   RESOURCES MENTIONED: Lower Your Taxes - BIG TIME! 2019-2020: Small Business Wealth Building and Tax Reduction Secrets from an IRS Insider by Sandy Botkin - https://www.amazon.com/Lower-Your-Taxes-2019-2020-Reduction-ebook/dp/B07HY9RYQ1   Tax-Free Wealth: How to Build Massive Wealth by Permanently Lowering Your Taxes by Tom Wheelwright - https://www.amazon.com/Tax-Free-Wealth-Permanently-Lowering-Advisors/dp/1947588052   Free IV Nutritional Therapy Masterclass -  https://www.ivtherapyacademy.com/podcast   #HealthcareEntrepreneurAcademy #HealthcareBoss #healthcare #entrepreneur #entrepreneurship #biztaxes #taxliabilities #missedopportunities #bizowner

On this episode, we cover the three timeless ways to build massive wealth in real estate! Enjoy! About Kurtis and Matt: Kurtis and Matt are both Real Estate Investors and active Realtors servicing the Tri-City Region in Ontario, Canada. They have a passion for working closely with investors to build and preserve massive wealth in real estate. Co-Founders of the Tri-City Real Estate Investor Club Find us on our Facebook Investor Group and Meetup.com: https://www.facebook.com/groups/2756352651059293/?ref=share https://www.meetup.com/Tri-City-Real-Estate-Investor-Club/ YOUTUBE channel here: The Reitzel Brothers *GO SUBSCRIBE!* :) https://www.youtube.com/channel/UCLL7rUND51bBJtMwwjCKbxQ Instagram https://www.instagram.com/matt.reitzel/ https://www.instagram.com/kurtisreitzel/ Email Matt@JimReitzel.com Kurtis@JimReitzel.com Cell phone number Kurtis - 226-406-3429 Matt 519-998-1148

Tom Wheelwright, CPA—WealthAbility.com, educates us on overlooked tax benefits for business owners. He shows us that by following the tax law, you can not only reduce your taxes, but also build wealth.Tom is the visionary and best selling author behind multiple companies that specialize in wealth and tax strategy. He is also a leading expert and published author on partnerships and corporation tax strategies, a well-known platform speaker, and a wealth education innovator.Donald Trump selected Tom to contribute to his Wealth Builders Program, calling Tom “the best of the best.” Robert Kiyosaki, bestselling author of Rich Dad Poor Dad, calls Tom “a team player that anyone who wants to be rich needs to add to his team.”In his best selling book Tax-Free Wealth: How to Build Massive Wealth by Permanently Lowering Your Taxes, Tom shows entrepreneurs and investors how to build massive amounts of wealth through practical and strategic ways to permanently reduce taxes.A self-admitted tax nerd, Tom says that by looking at taxes in a positive way he has found many nuggets in the tax law and he is going to share some of those nuggets with us today. “The more profitable you are, the less tax you should pay.”Listen in as we delve into:Incentives that people are overlookingThe game changing tax shift in 2017Tax opportunities in landMaximizing the benefits of employing your childrenWhere Tom says the magic happens from a tax standpointAnd, so much more! Don't keep missing out on tax benefits year after year, listen in to today's show as Tom gives us a ton of tips, advice, and examples that may have you looking at your taxes in a whole new light! “The best return on investment is going to be in your own business, always.”TIP OF THE WEEKMark: My tip of the week is go to WealthAbility.com. Schedule a call with Tom Wheelwright and see how they can get your tax liability down and how you can build your wealth.Scott: My tip is to help people see the trends, check out the website ExplodingTopics.com. What's cool about it is you can change it by topic, by category, by period, by month or whatever. You can get into the insights of what people are searching or thinking about.Tom:  Check out the book, Get A Grip: How to Get Everything You Want from Your Entrepreneurial Business, by Gino Wickman & Mike Paton. These guys created a system called EOS (Entrepreneurial Operating System). It's a very simple system for getting things done. It's a great story of a company that found themselves struggling and what they did in order to get out of that.Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

Eric Upchurch is a former Special Operations Aviation Crewmember turned real estate investor. Since his first real estate investing venture in 2006, Eric has been involved in private lending, fix and flips, self-directed IRA, tax liens, syndications, and multifamily and turnkey buy-and-hold properties, just to name a few. To date, he has already invested in 500 doors. In this episode, Eric’s passion for educating, empowering, and helping people grow is evident as he talked about real estate—from his first real estate venture to the impact of the current pandemic, down to the importance of having a deep-rooted WHY, Eric covered it all. Not only that, Eric also shared a step-by-step guide on what you can do if you want to start investing in today’s economic climate. If you want to learn from someone who has significant real estate experience as well as wisdom, this episode is for you! Key Takeaways How he got into real estate investing His favorite among the real estate avenues available Why he doesn’t like investing in tax liens His thoughts on the impact of the COVID-19 pandemic on the real estate market and the economy Shifts/changes he intends to do Asset classes he’s more concerned about What piqued his interest in a property they purchased recently Why he loves multi-family What Active Duty Passive Income (ADPI) is all about What he’d do if he’d start real estate investing right now Why it’s crucial to be intentional when networking The importance of having a deep-rooted WHY Links Active Duty Passive Income (ADPI) FB Group - https://www.facebook.com/pg/ActiveDutyPassiveIncome/groups/ American Mortgage Network - https://amnetmtg.com Living Off Rentals Facebook Group - https://www.facebook.com/groups/LivingOffRentals/ Rich Dad Poor Dad by Robert T. Kiyosaki - https://www.amazon.com/Rich-Dad-Poor-Teach-Middle/dp/1612680194/ Think and Grow Rich by Napoleon Hill - https://www.amazon.com/Think-Grow-Rich-Landmark-Bestseller/dp/1585424331 Rich Dad’s CASHFLOW Quadrant by Robert T. Kiyosaki - https://www.amazon.com/Rich-Dads-CASHFLOW-Quadrant-Financial/dp/1612680054 Tax-Free Wealth: How to Build Massive Wealth by Permanently Lowering Your Taxes by Tom Wheelwright - https://www.amazon.com/Tax-Free-Wealth-Permanently-Lowering-Advisors/dp/1937832058 Military House Hacking: How to Live for Free, Earn Passive Income, and Create Generational Wealth by Markian Sich, Michael Foster, Eric Upchurch, Adam La Barr, Timothy Kelly, Mitch Durfee, and Rod Khleif - https://www.amazon.com/Military-House-Hacking-Passive-Generational/dp/1729232515 The BRRRR Strategy: A Primer for Investors - https://www.biggerpockets.com/blog/brrrr-buyrehabrentrefinancerepeatprimer  

The rules are changing quickly for entrepreneurs since confirmed coronavirus cases continue to exponentially grow around the world. As a result, the U.S. Federal Government sprung into action to try to alleviate further damage and destruction to the economy.  Last week, President Donald Trump signed the Coronavirus Aid, Relief, and Economic Security Act, or CARES Act into law, which initiated a $2 trillion stimulus package, the largest emergency relief bill in American history. Our guest today, Tom Wheelwright who is the Rich Dad Advisor on Taxes, and author of “Tax-Free Wealth: How to Build Massive Wealth by Permanently Lowering Your Taxes,” joins The Rich Dad Radio Show to discuss how this stimulus package will affect entrepreneurs.  For employees facing unemployment, layoffs, and furloughs, Robert and Kim suggest now might bet the best time to change your mindset about how you earn your money and learn to see opportunity rather than despair. Listen as Robert, Kim, and Tom discuss how financial education, not money, is the key to financial transformation. Learn more about your ad choices. Visit megaphone.fm/adchoices

Todd Rooker brings on Tom Wheelwright to discuss strategic tips for saving on taxes and building wealth. Tom Wheelwright, CPA, is the founder of WealthAbility and author of the book "Tax-Free Wealth: How to Build Massive Wealth by Permanently Lowering Your Taxes." You can learn more about WealthAbility and contact Tom at www.wealthability.com

Most of us dream of retirement because we’ll FINALLY have the time freedom to do things that interest us and spend time with the people we love. But what if you didn’t have to wait until you turned 65 to live that dream? What if you could retire early? Better yet, what if you could retire in the next few years? Passive investing in multifamily syndications helped Travis Watts do just that, and you could be next! Travis is an experienced passive investor and Director of Investor Relations at Ashcroft Capital, a national multifamily investment firm with more than $820M in assets under management. Prior to pursuing real estate full-time, Travis worked a grueling job in the oil industry, spending 14-hour days outside in extreme weather while saving money to invest in single-family rentals and apartment building syndications. On this episode of Apartment Building Investing, Travis joins me to discuss the time freedom he enjoys now as a passive investor in multifamily real estate. He explains how he saved the money to invest via extreme budgeting and what made SFH investing unsustainable. Listen in for Travis’ insight around where to find a good syndication team and learn how YOU can follow in his footsteps and quit your W-2 with passive investing! Key Takeaways Travis’ path to full-time passive investing Demanding job in oil industry Laid off in oil downturn but already financially independent How Travis’ life is different now Unhappy as W-2 employee, everyday struggle Now pursues things interested in (personal growth) How Travis saved money to invest Brought up with conservative parents, extreme budgeters Didn’t change lifestyle as income grew from $20K to six figures How Travis invested his money before multifamily Pulled money from stock market after Rich Dad’s Prophecy House hacking strategy (first-time home buyer tax credit) Sought high-paying job to continue buying SFH Buy-and-hold, fix-and-flip as well as vacation rentals What inspired Travis’ transition to multifamily SFH strategies had become job on top of W-2 Single-family not scalable, sustainable or passive The FIRE movement 4% rule Passive income goal x 25 = amount to invest EX: 30K x 25 = $750K investment What kind of income you can generate as a passive investor 7% to 10% cashflow Equity upside upon sale or refinance Travis’ insight on the tax benefits of multifamily Use bonus depreciation for tax-free distributions Capital gains upon sale (usually offset by gains) The beauty of the infinite return model Refinance after 5 years to return most of capital Continue to earn returns, no money in deal Travis’ top investing AHA moments Multifamily scalable, sustainable AND truly passive Reading Tax-Free Wealth by Tom Wheelwright Travis’ advice for aspiring passive investors Start with WHY Create a budget (know where money going) How to vet a syndication team Ensure strategy aligns with personal philosophy Track record, markets you believe in Where to find a good syndication team Go to seminars and local meetups for networking Start with world-of-mouth referral, follow up with due diligence Connect with Travis Watts Ashcroft Capital Email travis@ashcroftcapital.com Travis on LinkedIn Travis on Facebook Resources Spencer Hilligoss on ABI EP186 Jan Larson on ABI EP181 Ryan McKenna on ABI EP174 Rich Dad’s Prophecy: Why the Biggest Stock Market Crash in History Is Still Coming … And How You Can Prepare Yourself and Profit from It! by Robert T. Kiyosaki The FIRE Movement Tax-Free Wealth: How to Build Massive Wealth by Permanently Lowering Your Taxes by Tom Wheelwright Work with Tom Wheelwright Join the Nighthawk Equity Investor Club Podcast Show Notes Review the Podcast on iTunes Michael’s Website Michael on Facebook Michael on Instagram Michael on YouTube Apartment Investor Network Facebook Group

Craig Curelop is the author of The House Hacking Strategy and is a real estate agent, investor, and employee of BiggerPockets. Craig talks all things house hacking including what it is, how he got started with house hacking and why he claims it is the single most powerful way to build wealth. Mentioned on the Show Refinance Student Loans The House Hacking Strategy: How to Use Your Home to Achieve Financial Freedom by Craig Curelop BiggerPockets BiggerPockets Money Podcast ChooseFI The Side Hustle Show Podcast The Best Ever Real Estate Investing Advice Podcast YFP 129: How One Pharmacist Built a 29 Unit Real Estate Investing Portfolio w/ Aaron Howell Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! by Robert Kiyosaki Tax Free Wealth: How to Build Massive Wealth by Permanently Lowering Your Taxes by Tom Wheelwright CraigCurelop.com Craig Curelop on Instagram  

What's going on Freedom Fighters, today we've got another amazing episode here on the Cashflow 2 Freedom Podcast. I had the pleasure of sitting down with the one and only Tim Bratz - a successful commercial property investor in New York. How successful? Currently Tim has 3,200 apartment units and 2 self storage facilities coming in at a $300 million portfolio valuation. Tim started out as a real estate agent focusing on commercial space. Doing a few deals, Tim was able to see behind the curtain and figured out where the real value was - he needed to be owning real estate, not brokering it. Listen in and hear how Tim has gone from solo operator funding his first investment (a duplex with a credit card), to building an investment company, networking and sourcing millions of dollars in private capital to fund and acquire the best deals. We also go over the strategies Tim has used to build his $300 Million empire. What kind of deals does he look for? What kind of funding does he use and what are the terms? How does he handle investor relations? This in addition to us going over how he has built a successful top producing and performing investment business. How has he hired employees without reducing cashflow? How has he gotten comfortable giving up control of the company when hiring? What kind of people is he looking for to hire? And as always we cover the subject of scale. We didn't just want to talk about what Tim has accomplished, but how. How has he has scaled his process to be able to own and operate real estate at such a high level? Let me tell you, this is just the tip of the value iceberg Tim shares in this episode. Don't miss this one and while you're at it - subscribe and leave us a review. Talk soon, AJ Topics of discussion include: Financial Freedom Creating Cash Flow Real Estate Self Storage Buying Self Storage Passive Income Investing in Real Estate Investing in Self Storage Financial Freedom with Real Estate Cashflow Investments Links: https://cashflow2freedom.com

What’s going on Freedom Fighters, today we’ve got another amazing episode here on the Cashflow 2 Freedom Podcast.  I had the pleasure of sitting down with the one and only Tim Bratz - a successful commercial property investor in New York. How successful? Currently Tim has 3,200 apartment units and 2 self storage facilities coming in at a $300 million portfolio valuation.  Tim started out as a real estate agent focusing on commercial space. Doing a few deals, Tim was able to see behind the curtain and figured out where the real value was - he needed to be owning real estate, not brokering it.  Listen in and hear how Tim has gone from solo operator funding his first investment (a duplex with a credit card), to building an investment company, networking and sourcing millions of dollars in private capital to fund and acquire the best deals.  We also go over the strategies Tim has used to build his $300 Million empire. What kind of deals does he look for? What kind of funding does he use and what are the terms? How does he handle investor relations?  This in addition to us going over how he has built a successful top producing and performing investment business. How has he hired employees without reducing cashflow? How has he gotten comfortable giving up control of the company when hiring? What kind of people is he looking for to hire? And as always we cover the subject of scale. We didn’t just want to talk about what Tim has accomplished, but how. How has he has scaled his process to be able to own and operate real estate at such a high level?  Let me tell you, this is just the tip of the value iceberg Tim shares in this episode.  Don’t miss this one and while you’re at it - subscribe and leave us a review.  Talk soon, AJ Topics of discussion include: Financial Freedom Creating Cash Flow Real Estate Self Storage Buying Self Storage Passive Income Investing in Real Estate Investing in Self Storage Financial Freedom with Real Estate Cashflow Investments Links:  https://cashflow2freedom.com

Doing something a little bit different with this episode! Kirby has a large rental portfolio of almost 30 units, with the majority of them being paid by a program through the Veterans Administration called HUD-VASH. As a former vet himself, Kirby is now running TWO financially AND spiritually rewarding business that help out former veterans. One being his real estate company, the other his non-profit that helps veterans start their own businesses. Learn how he got started in Real Estate and transitioned from a flipper to his current strategy. We also take a deep dive on the HUD-VASH program, learn how he got started with that and how you can do the same thing! To learn more on this and other strategies you can use to be your own boss, gain financial freedom, AND help out your community at the same time head to www.grouphomeriches.com!

Nelson is a managing partner of Normandy Group LLC, and author of “How Foreigners Can Build Massive Wealth Investing in US Real Estate” scheduled to release in April 2019. His portfolio includes 220 units in NV, several overseas properties, and he’s also currently closing on a 250 units complex.

Nelson is a managing partner of Normandy Group LLC, and author of “How Foreigners Can Build Massive Wealth Investing in US Real Estate” scheduled to release in April 2019. His portfolio includes 220 units in NV, several overseas properties, and he’s also currently closing on a 250 units complex.

The real world is not HGTV. If you are a high-earner looking to get into the real estate game, it is important to understand just how much work is involved in being an active investor. There is a lot of competition in the space, and good deals are hard to find. Add to that the complexities of managing a rental portfolio, for example, and the headache may seem like more than it’s worth. But why work harder than necessary to make less than you could? You can take advantage of all the benefits of commercial real estate investing as a passive investor, letting an expert handle the minutiae while you reap the rewards. Paul Moore is the Founder and Managing Director at Wellings Capital, a commercial real estate investment firm that focuses on self-storage, mobile home parks, and multifamily property. Paul has 18 years of experience in real estate: He has flipped 50-plus homes and 25 high-end waterfront lots, appeared on HGTB’s House Hunters, rehabbed and managed rental properties, built new homes, and developed a subdivision. Paul is also the author of The Perfect Investment: Create Enduring Wealth from the Historic Shift to Multifamily Housing and cohost of the wealth-building podcast How to Lose Money. Today, Paul joins me to discuss the advantages of commercial real estate over stocks, bonds and mutual funds. He shares the challenges of being an active investor, explaining why high-earning professionals might be happier as passive investors in commercial assets like apartment buildings, self-storage facilities, or mobile home parks. Paul also offers insight around the commercial value formula, describing how operators can force appreciation with simple strategies to increase a property’s income or compress its cap rate. Listen in to understand the extraordinary tax advantages of multifamily real estate and learn what makes commercial investing an attractive option for high-net-worth individuals looking for a consistent return and minimal risk profile. Key Takeaways The pros and cons of stocks, bonds + mutual funds Long track record of growth, great liquidity Highly unpredictable The pros and cons of commercial real estate Not at all liquid Stability, predictability for long term The challenges of being an active investor Hard to find good deals + be profitable Time consuming to run large SFH portfolio The commercial value formula Value = net operating income/cap rate Increase income or compress cap rate to force appreciation Simple things operators can do to increase income Rental space for trailers, RVs + boats in mobile home park Professional property management in apartment building Simple things operators can do to compress the cap rate Franchise group of self-storage facilities, find right buyer Multifamily value-add from C+ to B and refinance The tax advantages of commercial real estate investing Accelerate depreciation via cost segregation study Bonus depreciation (up to $1M) + QREP write-offs Wellings Capital’s strategy moving forward Expand to self-storage, mobile home parks via partnerships Wellings brings equity and partner-operator finds deal Connect with Paul Wellings Capital How to Lose Money Podcast Paul on BiggerPockets The Perfect Investment: Create Enduring Wealth from the Historic Shift to Multifamily Housing by Paul Moore Resources Deal Maker Live The Real Estate Guys Paul Moore on ABI EP058 10 AMAZING Tax Benefits for Real Estate Investors Michael on HTLM EP019 Michael on HTLM EP132 Tax-Free Wealth: How to Build Massive Wealth by Permanently Lowering Your Taxes by Tom Wheelwright Nighthawk Equity Financial Freedom with Real Estate Investing: The Blueprint to Quitting Your Job with Real Estate—Even Without Experience or Cash by Michael Blank Podcast Show Notes Review the Podcast on iTunes Michael’s Website Michael on Facebook Apartment Investor Network Facebook Group Michael on Instagram

Today we’re joined by my good friend and one of the most knowledgeable CPA’s out there, My. Tom Wheelwright. Tom is the official accounting advisor and for Robert Kiyosaki and the Rich Dad brand. But he’s is more than just an accountant, he’s also skilled in entrepreneurship as a business owner himself, and wealth building, which is a very rare combination. As you’ll find out here today, he knows the tax law when it comes to business owners and investing, better than anyone else I’ve ever met. So today we’re going to dive into a few topics, including how to build tax free wealth, what the recent big changes in the tax law mean to you as an entrepreneur, (especially if you run a business with any kind of physical product inventory), and last but not least, why so many internet marketers are always driving around in Lambo’s in their videos. This episode could literally save you tens-of-thousands of dollars or more in taxes, so listen up, and without further ado, please help me welcome, Tom Wheelwright. Resources: Wealthability.com Tax-Free Wealth: How to Build Massive Wealth by Permanently Lowering Your Taxes Music: Music by: Tobu Song: Turn It Up Licensed under a Creative Commons License  

Charles is a real estate entrepreneur by day and star-gazer by night. Semi-retired physician seeing patients only part-time these days. His major interest is in Buy, Rehab and Hold of small multis and now expanding our operations into the larger apartment complex space in North-East Florida and North East Ohio.     Contact Charles www.locumsplanet.com   Content mentioned Tax-Free Wealth: How to Build Massive Wealth by Permanently Lowering Your Taxes (Rich Dad Advisors) https://www.amazon.com/Tax-Free-Wealth-Permanently-Lowering-Advisors/dp/1937832058  

Tom Wheelwright, CPA is best known for making taxes fun and understandable. He specializes in helping entrepreneurs and investors build wealth through permanently reducing taxes. We discuss the new tax law including issues of divorce and alimony, real estate depreciation, car depreciation, business structuring, and how involved one should be with their own taxes. Check out his recent book "Tax Free Wealth: How to Build Massive Wealth by Permanently Lowering Your Taxes." http://wealthability.com/tfwamazon

Yonah Weiss is the Regional Business Director for Madison SPECS, LLC,  and he provides expert, engineering-based cost segregation studies.  Cost Segregation is an Internal Revenue Service-approved process for reclassifying real estate components and improvements to accelerate depreciation deductions, defer taxes and improve cash flow.  His company’s in-house team of accountants and engineers combine tax and engineering strategies to analyze construction contracts and building plans in order to identify those assets that qualify for accelerated depreciation for tax purposes.  Yonah's team always perform a no-cost feasibility analysis on your property to demonstrate the financial benefit, on a year-by-year basis, of having such a study performed vs. not performing the study.    Contact Yonah: Phone: (732) 298-9002 Email: Yweiss@madisonspecs.com   Content mentioned: Tax-Free Wealth: How to Build Massive Wealth by Permanently Lowering Your Taxes (Rich Dad Advisors) https://www.amazon.com/Tax-Free-Wealth-Permanently-Lowering-Advisors/dp/1937832058

Real estate was a big winner in the tax reform bill passed in December 2017. So, how exactly do the new laws impact us as passive multifamily investors and syndicators? And how can we take advantage of the new regulations and use the available incentives to reduce the amount of money we owe the government? Tom Wheelwright, CPA is the CEO of WealthAbility, a community of CPAs dedicated to reducing taxes and creating wealth for their clients. As a Rich Dad Advisor for Robert Kiyosaki, Tom is a well-known keynote speaker in the realm of wealth building and tax strategy. He is a regular contributor to publications including Forbes, The Huffington Post, Entrepreneur Magazine and Inman News, and Tom is the author of Tax-Free Wealth: How to Build Massive Wealth by Permanently Lowering Your Taxes. Today, Tom joins me to explain how to shift the way you think about taxes, viewing the law as a roadmap to reducing how much you pay. He discusses the new laws around bonus depreciation, describing how both passive investors and syndicators benefit from the revised guidelines. Tom also shares the regulations around the 20% deduction and the changes in Section 179 that impact residential and commercial real estate investors. Listen in for insight around qualifying for the status of real estate professional and learn how to significantly reduce your taxes as a multifamily investor! Key Takeaways How Tom came to start his own network of CPA firms Experience creating courses on reducing taxes Worked for Fortune 500 company, as ASU professor Founded own firm (goal to expand to 1K in 5 years) How to shift the way you think about taxes Incentive for doing what government wants Professional investor can get to zero in few years The new laws around bonus depreciation Real estate now qualifies with new/used equipment Cost segregation of contents, land improvements Example—30% of $1M investment = $300K How the new tax laws affect passive investors Leverage 70% or more = no taxable cashflow Convert ordinary income to capital gains by investing in syndication How the new tax laws may impact syndicators Hold carried interest for 3 years to get capital gains rates Consider 1031 exchange to plan for potential 3-year issue The changes around the 20% deduction Applies to positive taxable income from real estate Example—earn $100K, only taxed on $80K The changes to Section 179 Deduction for new/used equipment applies to residential real estate HVAC units, fire/security alarms and roofs in commercial properties How to qualify for the status of real estate professional Spend more than 750 hours during given year (15 hours/week) Spend more time than other business, investment activities combined Must meet qualifications every year and keep good documentation The tax benefits of being a real estate professional No passive losses from real estate (active can offset any income) 8% Medicare tax doesn’t apply when sell property 20% rule only applies to real estate that is trade or business Connect with Tom WealthAbility The WealthAbility Show Resources Tax-Free Wealth: How to Build Massive Wealth by Permanently Lowering Your Taxes, Second Edition by Tom Wheelwright, CPA Financial Freedom with Real Estate Investing: The Blueprint to Quitting Your Job with Real Estate—Even Without Experience or Cash by Michael Blank Michael’s Website

Jeff Wiener is a serial entrepreneur, real estate investor and now a best selling author. He has just published the The Kick Ass Entrepreneur Guide to Investing that hit #1 in Amazon business book and he is now helping entrepreneurs reach their potential and helping them to create wealth with other entrepreneurs sharing his 30+ years of experience.   “I want to help entrepreneurs but I wasn't really sure what capacity that I want to help them”   How do you market your book?   The idea concept behind it is, you have to take a section of your big book and use that as a reader magnet and market the small section of your book. Capture as many emails as you can and build a base, do podcast, do interviews and build a brand and platform for yourself and and once you got that, you are in a big position to market your big book. When you are dealing with entrepreneurs you got to think of it differently. The cash that they have to invest, you have to put consideration the different things that you would in your traditional investor who does not own a business   THREE SIMPLE STEPS TO BUILD MASSIVE WEALTH WITH YOUR BUSINESS’S PROFITS   The concept behind Jeff’s 3-Bucket Investments You need to consider the value of your business as part of your overall equity.   Real-Estate - this bucket-list refers to a multi-unit resident that you can consider as an investment property where you are generating cash flow. Cash - When the market tanks, you want to take advantage of buying real-estate, buying a competitor or doing other things with your cash investing and expanding with your business. Equity - Maintain your allocation; a third from each bucket investment.   “You know when to hold them, to fold them and stay alert for the best deals at the lowest price”   Lessons Learned: You can’t just rely with any one vendor In whatever industry you are in, you can’t solely rely on one product Getting constant feedbacks from people is what makes you better in your life If you want to help your clients then you need to start thinking like an entrepreneur   Marketing Tips: What doesn't kill you makes you stronger It makes it difficult to take advantage of opportunity as they arise. You got to get your name out there in the world of social media You need to build the right channels and marketing automation tools to help expand the business You need to study what’s working and what’s not and constantly understand the return on investment from every dollar spent both in time and dollars invested in marketing.   Sales Tips: Predictable Revenue by Aaron Ross It’s now how many phone calls you make, it's how you get in touch with the prospects strategically   About The Kickass Entrepreneur The Kickass entrepreneur is a simple step-by-step approach to help you achieve three BIG AUDACIOUS goals, and help you develop a kickass mindset. Download Jeff’s FREE E-book The Kissass Entrepreneur: Guide to Investing   Connect with Jeff:   Website: The Kickass Entrepreneur LinkedIn: Jeff Weiner Facebook: The Kissass Entrepreneur   Thanks again for tuning in! To help out the show: Please leave an iTunes review or post a comment below. Your help is greatly appreciated. If you know any Canadian Innovators whom you like us to feature, please feel free to email us. Listen to more innovators who are crushing it here.   I’m still channeling Gary Vee! Ratings and reviews are my oxygen! Have you seen the new CanInnovate resources & tools page, that provides different offers and discounts. Who doesn’t love to save money? We are a big supporter of Unsplash.com photos. Special thanks to Olu Eletu!

If you want to know how to set a solid foundation for your investing education, Elisabeth has the right books for you to read. Your education shouldn't end when you leave school, it's a lifetime achievement, and the 7 books Elisabeth lists out will help you prepare for a life of prosperity. Jason's guest, Ashlea Ebeling, is a Forbes editor and has fantastic insight into the different tax situations happening across the United States. Ashlea talks about state, federal, and income taxes. and also shares insight about what you can do to reduce your state taxes, where not to die, capital gains, and more. Key Takeaways: [2:52] Elisabeth begins naming her best books for recommendation Ashlea Ebeling Interview: [10:35] – How do we get to more than 100% in tax? Ashlea explains. [18:03] – How do you get around state taxes? There are four ways you can do this. [21:33] – New Jersey and Maryland have both state and inheritance taxes. [25:34] – Jason is not a fan of Roth IRA, but Ashlea is for it. [30:24] – Ashlea says that there are a lot of new tax law changes happening right now that people need to pay attention to. Website: @AshleaEbeling Tax Foundation Rich Dad Poor Dad - Robert Kiyosaki Start Your Own Corporation: Why the Rich Own Their Own Companies and Everyone Else Works for Them - Garrett Sutton Tax Free Wealth: How to Build Massive Wealth by Permanently Lowering Your Taxes - Tom Wheelwright Rich Dad's ABC's of Real Estate Investing - Ken McElroy Millionaire Next Door - Thomas Stanley The Millionaire Real Estate Investor - Gary Keller What Every Real Estate Investor Needs to Know About Cash Flow - Frank Gallinelli

Our guest for this week’s show is commercial real estate investor and CPA, Mike Dymski  Mike is a CPA by trade and works full-time in his career while building wealth through real estate investing on the side. He’s invested in apartment buildings, single-family homes, as well as multiple commercial private placement deals.  In todays show we’re going to talk with Mike about a multitude of topics, including: How he got his start as a real estate investor back in 2004. The reasons he transitioned from single family investments to multifamily and commercial How he finds balance in managing a family of 5 while simultaneously working full-time as a CPA and managing his many real estate investments His experience with a recent acquisition of a value-add 29 unit apartment complex What flooring material he prefers to use in his apartment renovations and why. The importance of a credibility book and why you need to create yours – NOW! His involvement as a passive investor in various other commercial investments, including family dollar. And much, much, more… Recommended Resources Check out our company and our investment opportunity by visiting www.SunriseCapitalInvestors.com Self Directed IRA Investment Opportunity – Click Here To Learn More About How You Can Invest With Us Through Your SDIRA Accredited Investors Click Here to learn more about partnering with me and my team on Mobile Home Park deals! Grab a free copy of my latest book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park…and how to avoid them MobileHomeParkAcademy.com Schedule your free 30 minute "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2

  My guest in this episode is Tom Wheelwright. Tom is a leading wealth and tax expert, Best-Selling Author (Tax-Free Wealth), Entrepreneur Magazine Contributor, and CEO of ProVision (Tempe, Arizona). Tom is best known for making taxes fun, easy and understandable, and specializes in helping entrepreneurs and investors build wealth through practical and strategic ways that permanently reduce taxes. As a Rich Dad Advisor to Robert Kiyosaki (Rich Dad Poor Dad), Tom frequently speaks at conferences worldwide on these topics. His work has been featured in Forbes, Accounting Today, Investor's Business Daily, Consumer Reports, ABC News Radio, FOX News, FOX & Friends, CBS 5 News Phoenix, GoBankingRates, Consumer Reports, NPR, and many more media. Share your thoughts with me on Twitter @mclaubscher and Instagram @cashflowninjapodcast Click To Tweet: How To Increase Your Cash Flow By Legally Deducting Home Office Expenses If you have enjoyed our podcast, please share with friends and family Please Subscribe, Rate, and Review on Itunes so more people can find us! so more people can find us! Interview Links: Tax Free Wealth Advisor Provision Recommended Book: Tax-Free Wealth: How to Build Massive Wealth by Permanently Lowering Your Taxes by Tom Wheelwright Support Our Sponsors Joint Ops Properties, have designed a system to take any beginner to an experienced deal making investor in the least amount of time, offering opportunities from basic education, coaching, bridge investing to turn-key investments in the cash flowing market of St. Louis, MO. www.jointopsproperties.com International Coffee Farms, Sustainable Income Through Offshore Sustainable Agriculture www.internationalcoffeefarms.com Audible, download any audio book for FREE when you try Audible for 30 days  www.cashflowninjabook.com Thanks so much for joining me again this week. Have some feedback you'd like to share? Leave a note in the comment section below! If you enjoyed this episode, please share it using the social media buttons you see at the bottom of the post! Also, please leave an honest review for the Cashflow Ninja Podcast on iTunes. Ratings and reviews are extremely helpful and greatly appreciated! They do matter in the rankings of the show, and I read each and every one of them. And finally, don't forget to subscribe to the show on iTunes to get automatic updates, please follow me on twitter @mclaubscher and instagram, @cashflowninjapodcast. Until next time! Live a life of passion and purpose on YOUR terms, M.C. Laubscher

Here’s some of what you will learn: The many tax benefits of real estate investing. The 2 greatest financial benefits of real estate investing. What’s the one thing people are more afraid of in life than death and public speaking? Why cost segregation is required by law. The only reason people put money in a 401K. How to plan for your retirement outside of a qualified plan. How to partner with the government to reduce your taxes to zero. What is a Like-Kind Exchange? The Rules of a 1031 Exchange. What is a Qualified Intermediary? What is a Reverse 1031 Exchange? “Don’t let the tax-tail wag the investing dog.” What could happen for real estate and taxes under a Trump Presidency? Why leverage is important. How Donald Trump gets to zero taxes. Book recommendation: Tax-Free Wealth: How to Build Massive Wealth by Permanently Lowering Your Taxes by Tom Wheelwright CPA (Rich Dad Advisors) Our Guest You can learn more about at: Tom Wheelwright at: https://taxfreewealthadvisor.com/ Want to build Lifetime Cash Flow from Multifamily Properties? If you’re committed to creating the life you deserve, we've created the best multifamily training and coaching program on the market. I personally coach you on your path to create the life of your dreams. I will help you CRUSH it in this business!  - if you'd like to receive information about our program, text CRUSH to 41411 now. Recommended Resource Looking to invest in a multi-family real estate project? Want to partner with me personally on a deal? To schedule a time for us to talk click on this link: http://meetme.so/RodKhleif   Review and Subscribe Posted in Podcast Tagged acquisitions, Tom Wheelwright, apartment investing, apartments, appreciation, Assisted Living, broker, brokers, business, cash flow, cashflow, commercial, commercial real estate, CRE, CRE investing, Defaulted paper, Donald Trump, entrepreneur, equity, Eviction, expert, experts, Foreclosure, funding, Hedge fund, investing, investing in real estate, investments, Rod Khleif, Rod Khleif Florida, Rod Khleif Real Estate, Riyad Khleif , manager, mergers, millionaire, multi-family, multifamily, Office, passive income, podcast, private lending, private money, property management, raw land investing, real estate, real estate broker, real estate cashflow, real estate coaching, real estate investing, real estate investor. Investing, REIT, Retail, Robert Kiyosaki, sales, Sales Coach, sales expert, Sales Training, Self Storage, Selling, Senior Living, Shopping Center, Short Sale, Suburban Office, syndication, training, value add, Repositioning assets, multi-family expert, multifamily expert, multi family investing, multifamily training

Wish you could keep more of what you earned? Self-Directed Retirement accounts are a powerful way to minimize your tax bill, and John Hyre, tax attorney and retirement account expert, joins us to share how you can benefit. He also shares an example of how someone put 50 rentals into a self directed IRA account, paid them all off very rapidly, now has a completely tax free cash flow machine where all revenue and eventual sales are tax free! Keep more of what you earn, and watch this episode! Get your copy of our FREE "Profiting with Rental Properties" Guide!

Wish you could keep more of what you earned? Self-Directed Retirement accounts are a powerful way to minimize your tax bill, and John Hyre, tax attorney and retirement account expert, joins us to share how you can benefit. He also shares an example of how someone put 50 rentals into a self directed IRA account, paid them all off very rapidly, now has a completely tax free cash flow machine where all revenue and eventual sales are tax free! Keep more of what you earn, and watch this episode! Get your copy of our FREE "Profiting with Rental Properties" Guide!

On this episode we learn how to keep more of what we make and legally pay less tax (or not tax) on our income and real estate! Our guest is Tom Wheelwright — a leading tax and wealth expert, speaker, and a Rich Dad Advisor to Robert Kiyosaki (author of Rich Dad Poor Dad). Tom is best known for making taxes fun, easy and understandable and is the bestselling author of Tax-Free Wealth. You can buy his book at most retailers or on Amazon: Tax-Free Wealth: How to Build Massive Wealth by Permanently Lowering Your Taxes Visits Tom’s company website (ProVision Wealth Strategists) at www.taxfreewealthadvisor.com – – – – – – – – – – – – – – Download your FREE copy of: The Ultimate Guide to Passive Real Estate Investing. Get your FREE coffee mug by leaving us a Rating and Review on iTunes. Here’s how. See our available Turnkey Cash-Flow Rental Properties. Please give us a RATING & REVIEW (Thank you!) SUBSCRIBE on iTunes | Stitcher | Podcast Feed Learn more about your ad choices. Visit megaphone.fm/adchoices

Q&A today and I handle these four questions! Does tax-loss harvesting really offer the kind of benefit that companies like Wealthfront, Betterment, Personal Capital, et al claim? And can a person do it on their own without relying on a firm to do it for them? Thought you should know something I recently found out. California child labor laws no longer apply once you have graduated from high school.  In addition, California has a method to graduate by exam (similar to a GED, but GEDs are only available to those 18 or older).  The high school proficiency exam (which is easy) can be taken by anyone who is 16 or older or who has completed 10th grade or will have completed 10th grade by the end of the academic year in which they take the test. My son, who is 15 1/2 and in 10th grade, took the exam and passed it. Nothing prevents him from continuing on in high school, but he's no longer subject to child labor laws. He's seriously considering switching to community college in September, doing that for 2 years, and then transferring to a University of California campus to finish off his college.  That'd get him a solid college degree by the time he's 19. During that entire time, he'd be eligible to work whatever hours he wants. Another option we're considering is self-study (with my help; I used to be a Computer Science professor), taking a bunch of AP exams, and then entering UC at age 18 with at least one year (and possibly more) of credits.  Joshua, Can you weigh in on your thought about being an accredited investor and the legal limitations around it?  As I understand it, I do not qualify as an accredited investor.  And certain investments cannot be invested in by those who are not accredited.  however, apparently the rules were supposed to have changed to allow people to make investments of these kinds without the government saying that I have to make X amount or have X amounts of savings.  but, as I learned by listening to the podcast Startup (episode 7) by alex blumberg, these rules have changed with the JOBS ACT, but the FCC has been sitting on the ruling and is way overdue for implementing it so that someone like me can invest in these previously off limits investments without being told that we can't.  That episode of startup really explained a lot to me, because I had wanted to invest a large amount with alex after listening to the very first episode of startup (i assumed he would be very successful because I've loved his stuff for years and he's leveraging some seriously big friends for his new venture), but I couldn't invest in something I really thought was going to be a huge success (or at least provide me with good cashflow) because of these rules.  I'm also about curious why these rules exist.  Were they implimented to protect people from being scammed out of their  money? Joshua, As a young engineer, who is single, making a salary of over $80,000 in Texas (no state income tax): Should I max out my 401k if my goal is to become very wealthy, before age 40? Or, should I invest some in my 401k and invest the rest in REITs/other, more risky assets. Of course, along the way, I will be very frugal, and live way below my means. Thank you, love the show.  Enjoy the show! Joshua  Evaluating The Tax Deferral And Tax Bracket Arbitrage Benefits Of Tax Loss Harvesting by Michael Kitces: https://www.kitces.com/blog/evaluating-the-tax-deferral-and-tax-bracket-arbitrage-benefits-of-tax-loss-harvesting/ Wealthfront Tax-Loss Harvesting White Paper: https://research.wealthfront.com/whitepapers/tax-loss-harvesting/#14-comparison_of_daily_vs_one_time_i_e_end_of_year_tax_loss_harvesting Betterment's White Paper: Tax Loss Harvesting+™: https://www.betterment.com/resources/research/tax-loss-harvesting-white-paper/ The Tax Harvesting Mirage by Michael Edesess: http://www.advisorperspectives.com/newsletters14/The_Tax_Harvesting_Mirage.php The Tax Harvesting Oasis: A Response to Michael Edesess by Daniel Egan and Boris Khentov: http://www.advisorperspectives.com/newsletters14/The_Tax_Harvesting_Oasis.php The Tax Harvesting Water Hole by Michael Edesess: http://www.advisorperspectives.com/newsletters14/The_Tax_Harvesting_Water_Hole.php Accredited Investor: http://en.wikipedia.org/wiki/Accredited_investor Fixed Fortunes Article: http://sunlightfoundation.com/blog/2014/11/17/fixed-fortunes-biggest-corporate-political-interests-spend-billions-get-trillions/ Why the "Accredited Investor" Standard Fails the Average Investor: http://www.bu.edu/rbfl/files/2013/09/AccreditedInvestorStandardFails.pdf Support Radical Personal Finance on Patreon! http://radicalpersonalfinance.com/patron

One of Australia’s Wealthiest Property Developers, Having Turned Over More Than $1 Billion Worth of Property Development Deals You’ve probably never heard of Bob Andersen, he’s the guy behind the scenes putting together some of the largest property development deals in the country. I’ve managed to track him down in a rare interview to get […]