Get Rich Education 186: Your Real Estate ROI, Permanent Tax Reduction with Tom Wheelwright
#186: You’re paid five ways as a real estate investor. Rich Dad Tax Advisor Tom Wheelwright and I add up those five rates of return and provide you with an estimated Year One ROI.
We discuss how to make trips to visit your turnkey rental property a tax-deductible event.
With the new tax law, taxes are adjusted for “inflation” more often than previously. But CPI isn’t used. It doesn’t keep up with “real” inflation.
Tom is the author of “Tax-Free Wealth”.
Want more wealth?
1) Grab my free E-book and Newsletter at: GetRichEducation.com/Book
2) Actionable turnkey real estate investing opportunity: GREturnkey.com
3) Read my new, best-selling paperback: getbook.at/7moneymyths
Listen to this week’s show and learn:
01:00 The Masters Law.
04:39 Belize Investor Tour.
09:10 Tom Wheelwright and I on real estate ROI.
18:55 Real estate depreciation example.
24:34 Making your trip to visit your turnkey property a tax-deductible event.
33:23 Inflation and taxes.
Resources Mentioned:
More About Tom: Wealthability.com
Belize Investor Tour: GetRichEducation.com/Belize
Mortgage Loans: RidgeLendingGroup.com
Cash Flow Banking: ProducersWealth.com
Apartment Investor Mastery: BradSumrok.com