Jaspreet Singh

Hmm.

Wealthy people don't want to work for their income.

They want their money to make them more money.

And that concept is so foreign.

I went through high school.

I went through college.

I went through grad school.

I went through law school.

Never once learned a thing about money or investing.

The only time we got close was in law school.

I started learning about tax law.

And I remember we had a more advanced tax law called partnership tax.

And my professor sent out an email to the class before the class started.

And she said, read this about how rich people are evading taxes.

The whole idea of how rich people are using the tax code to pay less money in taxes.

I thought that was interesting because here we are in law school learning about how the tax code works, learning about the IRS tax rule book.

The tax rule book lays out different things that you can do to pay less money in taxes.

Now, what the attorney and the accountant does is they just tell the person, hey, here's what the loopholes are.

And so it's the people that are financially savvy, that are understanding, that have access to the money that are saying, oh, okay, how about instead of owning this asset, we own this asset?

Because if I can own real estate, I can offset this income.