Achieve Tax Free Wealth with Tom Wheelwright

 

Many accountants approach taxes as something to fear. You hear them saying that taking advantage of certain tax benefits will trigger an audit.

Tom and his team of accountants take the opposite approach. They view the tax code as a series of incentives and that it's their responsibility to help you benefit from these incentives and reduce your taxes.

In this episode, we cover a number of important topics:

• How you're "dead in the water" if you're just a W2 wage earner. To be able to take advantage of tax incentives, you need to be a real estate professional or own a business
• The importance of tracking hours for real estate professional status
• The secret to approaching audits the right way!
• We had an interesting discussion about the evolution of real estate professionals and what multi-million dollar real estate investors are doing differently than the average investor and what makes them successful

__________________________________________________________

Looking to learn more? Check out some of our most popular content:

• Join the waitlist for our flagship course, Zero to Freedom
• Take our quiz and see if real estate is right for you
• Learn from more great content on our blog
  
  

Be part of the conversation - follow our general Semi-Retired MD Facebook page and then join our doctors or professionals group!

 

Semi-Retired M.D. and its owners’, presenters’, and employees are not in the business of providing personal, financial, tax, legal or investment advice and specifically disclaims any liability, loss or risk, which is incurred as a consequence, either directly or indirectly, by the use of any of the information contained in this podcast. Semi-Retired M.D., this podcast, and any online tools, if any, do NOT provide ANY legal, accounting, securities, investment, tax or other professional services advice and are not intended to be a substitute for meeting with professional advisors. If legal advice or other expert assistance is required, the services of competent, licensed, and certified professionals should be sought. In addition, Semi-Retired M.D. does not endorse ANY specific investments, investment strategies, advisors, or financial service firms.

 

READY FOR REAL ESTATE SUCCESS? Book your call HERE for your next move.

RESOURCES + LINKS
Work w/ SRMD: HERE
Join our FREE Facebook Groups: HERE

FOLLOW + CONNECT
Connect with SRMD: Website | Instagram | Facebook

Liked this episode? Share it on social and tag me @semiretiredmd

Love the show? Leave a 5-star review and let me know!