2min 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

The Path to Freedom Is to Pay Off All Your Debt and Own It Free and Clear

I want to get your perspective on this thought that i've often had. From a practical standpoint, it seems like if you had six paid off properties in an l c, and they were worth two million dollars, that would be way riskier from the perspective of being sued. The other thing you can do, of course, is you can form multiple o cs. You can upholding company structures, all these things. When we do a tak strategy with a client, we look at all that, we set it all up. That's wonderful. Yet, it's another ar where i'm a victim of a fraud, where people are basically stealing them. They've taken title from those

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