4.3 • 602 Ratings
🗓️ 19 July 2021
⏱️ 39 minutes
🧾️ Download transcript
Rents are shooting up in many metros, including GRE cities.
Cyclically, housing prices shoot up first. Rent raises follow.
Inflation is hot: CPI is up 5.4%, PPI up 7.3%.
Tom Wheelwright, CPA of Wealthability joins us. Topics:
Will income tax and capital gains tax increase?
The 1031 Exchange is at risk!
How to contest your property taxes.
Involving your children in your business for tax breaks.
A more active tax audit climate.
This is Tom’s record 20th GRE appearance.
Resources mentioned:
Show Notes:
Tom Wheelwright’s network:
Get mortgage loans for investment property:
JWB’s available Florida income property:
eQRPs: text “EQRP” in ALL CAPS to 72000 or:
By texting “EQRP” to 72000 and opting in, you will receive periodic marketing messages from eQRP Co. Message & data rates may apply. Reply “STOP” to cancel.
Best Financial Education:
Get our free, wealth-building “Don’t Quit Your Daydream Letter”:
www.GetRichEducation.com/Letter
Top Properties & Providers:
Follow us on Instagram:
Keith’s personal Instagram:
Click on a timestamp to play from that location
0:00.0 | Welcome to GRE. I'm your host Keith Weinhold. Ritzdad tax advisor Tom Rewrite returns with me today |
0:06.6 | with some really juicy topics. Do Joe Biden and his administration have a real chance of raising |
0:12.0 | income taxes, raising capital gains tax rates, and cutting the 1031 exchange? Then we're going to discuss |
0:17.4 | how to contest your property taxes, how you can receive tax breaks from |
0:21.3 | involving your children in your business, and why the chances of you being audited by the IRS |
0:26.6 | are higher this year than they were previously today on Get Rich Education. |
0:33.6 | You know, a lot of investors choose either cash flow or home price appreciation, but one real estate market could provide both Jacksonville, Florida. |
0:41.3 | They've got 27% lower home prices and higher rents than the national median. |
0:46.1 | Their market has appreciated 34% more than other comparable cash flow markets over the last 30 years. |
0:52.3 | Get positive cash flow today and above average appreciation for tomorrow. |
0:56.2 | They often have available inventory in Jacksonville, if you can believe that, start at |
1:01.7 | cashflow and growth.com. |
1:07.4 | You're listening to the show that has created more financial freedom than nearly any show in the world. |
1:14.8 | This is Get Rich Education. |
1:36.3 | Welcome to GRE from Winnebego, Illinois to Winnemaca, Nevada, and across 188 nations worldwide. You're tuned into one of America's most listened to shows on real estate investing, real estate economics, and wealth mindset. |
1:43.8 | This is Get Rich Education. My name is |
1:46.4 | Keith Weinhold. You probably know all that by now, but we do have new listeners every week. This is |
1:54.0 | episode 354. Tom Willwright is figuratively waiting in the wings here. He's the tax expert. We're going to talk more about |
2:02.0 | Biden tax changes that could be coming. You might even hear the phrase horrible policy once or |
2:09.0 | twice in our dialogue. So prepare yourself for that. It's also about how you can |
2:14.0 | actionably position your financial life to weather some likely tax increases |
2:19.3 | that are coming. But first, rents are almost skyrocketing. Now, back in 2019, rents were |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Keith Weinhold, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Keith Weinhold and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.