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Creating Wealth Real Estate Investing with Jason Hartman

1873: Pay Zero Taxes (Legally!) Rich Dad CPA Tom Wheelwright: Tax-Free Wealth

25 Jul 2022

Description

Jason Hartman invites Tom Wheelwright, entrepreneur, best selling author, Rich Dad Advisor® & International Authority on Tax to discuss how we as taxpayers can do what the government wants done and get a tax break for doing it! We've heard a lot of discussion in the media and in politics about how the rich don't pay taxes, but maybe they should rephrase the question to why the rich don't pay tax legally. And this is exactly what Tom’s new book, The Win-Win Wealth Strategy: 7 Investments the Government Will Pay You to Make, is all about.  Tom Wheelwright teaches you how any person can use those tax incentives for themselves. Why does the government do this in the first place? The government actually makes more money providing an incentive, than doing the work themselves!  Learn more as Tom and Jason discuss the ins and outs of real estate taxes, tax deductions, home offices, tax credits and government incentives! Key Takeaways: 0:00 Welcome to The Creating Wealth Show 1:04 Welcome Rich Dad Advisor® Tom Wheelwright, CPA & author of Tax-Free Wealth  1:40 Tom’s brand new book - The Win-Win Wealth Strategy: 7 Investments the Government Will Pay You to Make 2:45 Income property is the most tax favored asset class in America 3:50 John F. Kenedy was the first president to incentivizing manufacturing for tax credits on a larger scale 7:02 The government actually makes more money providing an incentive than doing the work themselves 7:43 Your real estate investing is a business 9:56 LLCs, Schedule C and tax returns 13:57 Should you file individual returns for each entity?  15:00 How do I make expenses deductible?  16:35 Every country has business tax benefits 18:03 Tom’s Win-Win Wealth Strategy 19:51 Changing our tax mindset  21:01 If you put solar on your business property, you get a 26% credit and an 87% deduction 22:55 When Joe Biden came into the office, the benefit started shifting towards renewable energy 25:16 The home office deduction and the 4 rules of a business deduction  27:53 Change your facts, change your tax 28:22 Get Tom’s new book at WinWinWeathStrategy.com   Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Twitter.com/JasonHartmanROI Instagram.com/jasonhartman1/ Linkedin.com/in/jasonhartmaninvestor/ Learn More: JasonHartman.com Get wholesale real estate deals for investment or build a great business – Free course: JasonHartman.com/Deals Free White Paper on The Hartman Comparison Index™: HartmanIndex.com/white-paper Free Report on Pandemic Investing: PandemicInvesting.com Jason’s TV Clips in Vimeo Free Class: CYA Protect Your Assets, Save Taxes & Estate Planning: JasonHartman.com/Protect Special Offer from Ron LeGrand: JasonHartman.com/Ron What do Jason’s clients say? JasonHartmanTestimonials.com Contact our Investment Counselors at: www.JasonHartman.com Watch, subscribe and comment on Jason’s videos on his official YouTube channel: YouTube.com/c/JasonHartmanRealEstate/videos Guided Visualization for Investors: JasonHartman.com/visualization Jason’s videos in his other sites: JasonHartman.com/Rumble JasonHartman.com/Bitchute JasonHartman.com/Odysee Jason Hartman’s Extra YouTube Channel Jason Hartman’s Real Estate News and Technology (RENT) YouTube Channel

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