Buy, Borrow, Die

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business

The Rich Dad Company

Business, Investing

4.1 • 4K Ratings

🗓️ 16 March 2016

⏱️ 48 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

People assume the rich this country are cheating on their taxes. The reality is that the poor and middle class and BEING CHEATED because they don't understand the tax code. The fact is the tax code is confusing on purpose and you need a savvy accountant to take advantage of the rules in place that help the rich pay less taxes than they would without financial knowledge. In this episode we'll learn the strategies the rich use to get their money back from the government from Tom Wheelwirght (Rich Dad Tax Advisor, Author of TAX FREE WEALTH) and Edward McCaffery (CNN contributor, Author of FAIR NOT FLAT: How to Make the Tax System Better and Simpler).
Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	Don't Be Like Charlie.
0:03.0	Charlie is that do it yourself or who does himself in.
0:06.5	Do it yourself is good for tile and grout.
0:09.0	It is not good for asset protection.
0:11.5	Charlie thought he'd save a few dollars forming his LLC online.
0:15.5	With no guidance, he did it wrong.
0:17.5	When he sold the property, he lost thousands and thousands of dollars.
0:21.5	He did himself in by trying to do it himself.
0:24.5	Don't burn yourself.
0:26.0	Use corporate direct to set up and maintain your LLCs and corporations.
0:31.0	Corporate direct is owned and operated by attorney and rich dad advisor Garrett Sutton.
0:36.0	Garrett wrote the best seller's loopholes of real estate and start your own corporation.
0:40.5	He is Robert Kiyosaki's attorney for asset protection.
0:44.0	He and his team will do it right.
0:46.0	Visit them at corporatedirect.com or call 800-600-1760.
0:51.5	mention rich dad and receive a hundred dollars off your formation fee.
0:55.5	That's corporate direct.com. Corporate direct.com.
0:59.5	So we're going to enlighten you today as to why the rich get richer simply because they don't have to pay as much tax as at least a percentage of tax.
1:28.5	That's a very important show because it's tax time coming up around the corner.
1:34.5	If you're saying, well, I should have done tax planning.
1:37.5	I hate to say this might be too late, but there's till next year.
1:40.5	There's till hope for next year.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from The Rich Dad Company, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The Rich Dad Company and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.