Millionaire Maker's Perfect Storm
Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business
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How to Build a Passive Income
There's three types of income, ordinary income. Ordinary income is when you go and get a job; that's about 40%. And then there's portfolio income which is what flippers work for. So if I let's buy a property for 100,000 and it goes to a million and sell it for a million, that's called capital gains,. That's what people are doing right now. Flippers pay the second highest taxes. It's actually good for the government. They're getting some walking around money. But again, you know, they're they have to do it again.
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