3min chapter

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569: Rich Dad's CPA Shares 5 Steps to Eliminate Income Taxes through Real Estate w/Tom Wheelwright

BiggerPockets Real Estate Podcast

CHAPTER

I Pay No Taxes

There is absolutely a relationship between the risk you take and the tax benefits that you get. The government actually makes money on it. For example, let's take an anch pener who starts a business. You can start a business and the government will pay you for all the cost of starting that business. And ok, well, what is the governmet get out of it? Well, they get a share of the income for the rest of your life, and you can never get out of that partnership. We're actively saying, luk, we'll do what you want done, and you'll share in the capital it takes to start it, and then we'll sharing in the fits

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