73: Tom Wheelwright | New Tax Changes Affect Real Estate Investors | WealthAbility™ for CPAs

Mar 4, 2016

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#73: Rich Dad Advisor Tom Wheelwright actually makes taxes fun!

Tom advises us here in tax season about tax changes, presidential candidates’ tax plans, 1031 Exchange, RE Professional designation.

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Listen to this week’s show and learn:

01:20 To have something different, you need to do something different.

01:39 The five ways your paid as a real estate investor.

05:54 Tom Wheelwright interview begins.

07:02 Every RE Investor should know about the Section 179 and 263 deductions because we can make more write-offs in one year, instead of over a number of years.

11:07 What you can do if you’re about to acquire property for the best tax advantages.

13:02 Is the 1031 Exchange going to disappear? Social Security tax cap.

16:15 The Carried Interest Rule.

18:30 Presidential candidates’ tax proposals and promises.

24:25 A flat tax hurts RE investors.

24:50 Ordinary Income Tax rates vs. Capital Gains taxes.

26:10 How the Real Estate Professional designation helps you.

30:14 The best tax advisor firms are proactive. They anticipate.

Resources:

ProvisionWealth.com - Tom Wheelwright’s tax and wealth strategy firm.

Tax-Free Wealth book - Tom Wheelwright’s great book, which Keith owns.

RidgeLendingGroup.com or 1-855-74-RIDGE. Call them today. Why? They specialize in income property loans & can finance up to 35 rental properties for you.

NoradaRealEstate.com or call (800) 611-3060. Your Premier Source for Nationwide Turnkey Cash-Flow Investment Property.

GetRichEducation.com - that’s where to subscribe to our free newsletter, receive turnkey real estate webinar opportunities, and see all Events.

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