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Investing in Real Estate with Clayton Morris | Investing for Beginners

884: Investments The Government Will Pay YOU to Make - Interview with Tom Wheelwright - Episode 884

Investing in Real Estate with Clayton Morris | Investing for Beginners

Clayton Morris

Business News, News, How To, Business, Education, Investing

4.11.1K Ratings

🗓️ 6 October 2022

⏱️ 33 minutes

🧾️ Download transcript

Summary

If you want to build wealth you've got to do it strategically, otherwise you can end up with a hefty tax bill. The key to growing your wealth is understanding how the tax code works so that you can plan to make decisions that make you money while maximizing your tax savings. Whenever I have a tax question, there's only one person I consult: today's guest: Tom Wheelwright.

On this episode of Investing in Real Estate, expert CPA and Rich Dad Advisor Tom Wheelwright is back to share amazing tax-saving tips from his new book, The Win-Win Wealth Strategy. We're discussing topics like the tax benefits of real estate investing, finding a qualified CPA, the tax benefits of starting a business, and much more!

Transcript

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0:00.0

Welcome everybody to the investing in real estate show on this

0:09.2

show our goal is to make you more intelligent real estate investor

0:11.8

and one of the ways that we want to do that, of course,

0:13.6

is through cash flowing real estate.

0:15.5

And it's not just about buying a property,

0:17.0

it's also about the tax strategies.

0:18.6

It's about leveraging what the government has in place for you.

0:21.6

And when I want to maximize my returns and I want to pay less taxes

0:25.8

there's only one person that I turn to and that's Tom Wheelwright the genius behind the

0:30.3

wealth ability network the author of one of the books that we live our family by, which is tax-free wealth.

0:35.1

And he's out with a brand new book called the win-win wealth strategy,

0:39.6

seven investments the government will pay you to make. Yes, you heard me right. The

0:45.0

government usually takes your money, but no, the government will pay you to make

0:48.3

these investments. Tom Wheelwright, welcome back to the show, my friend.

0:51.4

Thanks so much.

0:53.0

Always good to be with you.

0:54.8

Well, this new book, what was the impetus for writing this new book?

0:58.6

You know, when people are listening to this into 2023,

1:01.3

2022 time period.

1:03.5

We're certainly seeing inflation

1:05.6

that we haven't seen in 40 years.

1:07.4

We're seeing a whole bunch of macroeconomic issues

...

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