As the United States celebrates its independence this week, it’s a good time to consider something of utmost importance to real estate investors … Property rights. After all, if you can’t safely, securely own private property … then there’s no hope of accumulating wealth and personal prosperity. Private property ownership is the foundation of personal […]
The foundation of liberty … Read More »
The beginning of the year is the perfect moment to think about your tax strategy. It’s the time to take all of the lessons you learned last year and put them to work for you. We’re not tax experts … but we know someone who is. CPA Tom Wheelwright brings his knowledge and enthusiasm to
Tax Strategies for 2019 with CPA Tom Wheelwright Read More »
As we’re winding down 2018, it’s time to rub our crystal balls and peer into the new year … and we see …. Taxes. For most high-earners, taxes are their biggest expense. And almost everyone who has to pay taxes would prefer not to … or at least pay less. So while there are MANY
The big story for 2019 will be … Read More »
It’s tax time! For most people, the month before April 15 is the only time they think about taxes. Today, we’ll chat with Tom Wheelwright, CPA, about why you should change your mindset. We’ll discuss the implications of the recent tax reform bill and how YOU can plan strategically to bring down your taxes —
Tax Reform Ramifications for Real Estate Investors Read More »
It’s said the only things which are certain are death and taxes. We think this could be modified to DEBT and taxes….especially when you consider the relationship between the two. BUT…we’ll put our tin-foil hats in our lead cased fire-proof safe and focus on the tax…er, task…at hand. We were out in the Phoenix area
02/22/15: New Tax Regulations Every Real Estate Investor Must Know Read More »
What do the ancient Mayans and today’s financial pundits have in common? They both predict doomsday at the end of 2012. Perhaps you’ve heard about “taxmageddon” and the “fiscal cliff” the U.S. economy is headed toward? It’s when the expiration of Bush-era tax cuts converge with across the board spending cuts effective January 1st, 2013.
8/19/12: Surviving the Fiscal Cliff – Ramifications for Real Estate Investors Read More »
Here’s a question we got from Sue in California (thanks Sue!): If we have a property manager, can we write off travel costs from CA to Memphis for us to visit the property? If so, how many times a year can we visit and write off the costs? Since we aren’t tax gurus, we tossed
Ask The Guys: Can I Deduct Travel Expenses? Read More »
Active real estate investors should NEVER pay tax on their cash flow or gains..EVER! So says CPA Tom Wheelwright, our hero with a zero (taxes that is) and Rich Dad’s tax advisor to Robert Kiyosaki. And unless you’re Warren Buffett, we’re guessing you’d probably rather pay LESS tax than more. Maybe when we’re multi-mega-billionaires like
10/2/11: Zero Tax! Deductions and Benefits that Matter Most to Real Estate Investors Read More »
It’s the most wonderful time of the year…. Not Christmas. Tax time! This is the time of year when all the bills from the holidays show up in the mail, along with your 1098’s, 1099’s, W2’s, 1040’s and our personal favorite, the K1. Let the fun begin! Before you tune out, we invite you to
1/24/10: Practical Tax Tips and Insight with CPA Tom Wheelwright Read More »
The REAL Book of Real Estate by Robert Kiyosaki and 22 Contributing Co-Authors He’s back. Robert Kiyosaki, author of Rich Dad Poor Dad, one of the best selling books in history, is back talking about real estate! Why now? He says the rules have changed and the numbers make sense again. In The REAL Book
The REAL Book of Real Estate by Robert Kiyosaki and Friends Read More »