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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
How to Use Massive Sums of Debt and Not Pay Taxes
This is obviously a hot button topic, ecase the minute that some multi millionaire says, i don't pay taxes, it upsets people. I'd love it if you could give your perspective on what that actually means and how it plays out in real life. So as you saw, robert talked about that the purpose of a business is to buy real estate and that you can use massive amounts of debt and not pay taxes. And that's why he actually does it. But this is how the tax law, by the way, in every country, it's not just the us. Every country works this way, ok?
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