Fri, 4 March 2016
#73: Rich Dad Advisor Tom Wheelwright actually makes taxes fun!
Tom advises us here in tax season about tax changes, presidential candidates’ tax plans, 1031 Exchange, RE Professional designation.
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Listen to this week’s show and learn:
01:20 To have something different, you need to do something different.
01:39 The five ways your paid as a real estate investor.
05:54 Tom Wheelwright interview begins.
07:02 Every RE Investor should know about the Section 179 and 263 deductions because we can make more write-offs in one year, instead of over a number of years.
11:07 What you can do if you’re about to acquire property for the best tax advantages.
13:02 Is the 1031 Exchange going to disappear? Social Security tax cap.
16:15 The Carried Interest Rule.
18:30 Presidential candidates’ tax proposals and promises.
24:25 A flat tax hurts RE investors.
24:50 Ordinary Income Tax rates vs. Capital Gains taxes.
26:10 How the Real Estate Professional designation helps you.
30:14 The best tax advisor firms are proactive. They anticipate.
ProvisionWealth.com - Tom Wheelwright’s tax and wealth strategy firm.
Tax-Free Wealth book - Tom Wheelwright’s great book, which Keith owns.
RidgeLendingGroup.com or 1-855-74-RIDGE. Call them today. Why? They specialize in income property loans & can finance up to 35 rental properties for you.
NoradaRealEstate.com or call (800) 611-3060. Your Premier Source for Nationwide Turnkey Cash-Flow Investment Property.
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