meta_pixel
Tapesearch Logo
Log in
Get Rich Education

355: Home Prices Stall, Tom Wheelwright on Green Energy Tax Breaks

Get Rich Education

Keith Weinhold

Realestateinvesting, Income, Passiveincome, Money, Business, Wealth, Investing, Careers, Realestate, Kiyosaki, Real, Rich, Creatingwealth

4.3602 Ratings

🗓️ 26 July 2021

⏱️ 35 minutes

🧾️ Download transcript

Summary

Housing inventory could finally be turning the corner. There are now more available homes (549K) today than one month ago (504K) and two months ago (492K).

56% of homes still sell above their asking price. 

Get our free, wealth-building newsletter. It’s the real estate industry’s best at: GetRichEducation.com/Letter

I provide a condensed history of the income tax. In 1913, the top income tax rate was 7%.

Tom Wheelwright joins GRE for a record 21st time on green energy tax breaks.

Wind, solar, hydrogen, geothermal, nuclear, and car charging stations will likely receive more tax incentive support under Joe Biden. 

Oil & gas tax deductions could be limited or eliminated.

Resources mentioned:

Show Notes:

www.GetRichEducation.com/355

Tom Wheelwright’s network:

Wealthability.com

Watch Tom & I on YouTube:

GetRichEducation.com/YouTube

Active Listing Count Of Homes:

https://fred.stlouisfed.org/series/ACTLISCOUUS

The Income Tax Since 1913:

https://bradfordtaxinstitute.com/Free_Resources/Federal-Income-Tax-Rates.aspx#

Get mortgage loans for investment property:

RidgeLendingGroup.com

JWB’s available Florida income property:

www.CashFlowAndGrowth.com

eQRPs: text “EQRP” in ALL CAPS to 72000 or:

eQRP.co

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:

GetRichEducation.com

Get our free, wealth-building “Don’t Quit Your Daydream Letter”:

www.GetRichEducation.com/Letter

Top Properties & Providers:

GREturnkey.com

Follow us on Instagram:

@getricheducation

Keith’s personal Instagram:

@keithweinhold

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome to GRE. I'm your host Keith Weinhold. Is home price growth slowing and housing inventory on the rise?

0:08.1

New indications of this are there. A quick history on the income tax.

0:13.0

Last week we discussed how proposed Biden tax increases could be bad for you.

0:17.1

This week, it's Biden endorsed green energy tax breaks that can help you reduce your taxes with Tom Wilwright today on Get Rich Education.

0:27.3

You know, a lot of investors choose either cash flow or home price appreciation, but one real estate market could provide both Jacksonville, Florida.

0:35.1

They've got 27% lower home prices and higher rents than the national median.

0:39.9

Their market has appreciated 34% more than other comparable cash flow markets over the last 30 years.

0:46.0

Get positive cash flow today and above average appreciation for tomorrow.

0:49.9

They often have available inventory in Jacksonville, if you can believe that, start at cashflow and growth.com.

1:01.1

You're listening to the show that has created more financial freedom than nearly any show in the world.

1:08.4

This is Get rich education.

1:24.1

Welcome to DRE from the Queen City of Cincinnati, Ohio to the City of Angels in LA.

1:30.4

And across 188 nations worldwide, I'm Keith Weinhold.

1:33.8

This is get resuscitation.

1:35.2

You are back in that place where you wouldn't spend the day living below your means once you realize that you can use your time to expand your means.

1:48.2

I'll tell you what, if you think that the way to financial betterment includes freezing your

1:52.6

credit card in a block of ice, then this is not the show for you.

2:00.7

If you're using a spreadsheet to track save 20 discount codes rather than

2:07.1

using it for your passive cash flow statement, then we are not a good fit here. Now, sometimes

2:14.0

you've got to do what you've got to do in the short term, but that's not the way to living well and having options in freedom in your life.

2:21.2

Those aren't the long-term decisions that you want to make.

2:23.8

Okay, no sane person thinks that saving gas money by riding their bicycle to work in the rain is going to make them wealthy, but it might just make you miserable.

...

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.