Ep #1,015 - Tax Expert Explains How To Reduce Taxes (Legally)

Lifetime Cash Flow Through Real Estate Investing

Rod Khleif

Education, Investing, Business

4.6 • 1.4K Ratings

🗓️ 30 September 2024

⏱️ 24 minutes

🔗️ Recording | iTunes | RSS

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Summary

Tommy Thornburgh, President of Prime Corporate Services, attributes the company's success over the past decade to his dedicated team, which has helped over 100,000 entrepreneurs structure their businesses effectively. As the driving force behind webinars and events, he leads 50 Corporate Advisors who assist over 400 new entrepreneurs daily. Tommy's journey began in door-to-door pest control sales, where he learned about the challenges of taxes, and later he worked at Clearlink before joining PCS. He fosters a close-knit family culture at the company, and in his free time, he enjoys golfing and spending time with his wife and young daughter.

Here's some of the topics we covered:

The Reason Why Tommy Helps Investors and Entrepreneur
Proactive vs Reactive Tax Planning
Strategies To Cut Taxes Drastically
Health Savings Accounts
Ninja Trick to Cut Taxes if You Have Children
Business Credit For Business Related Expenses
The 3 Questions To Ask Yourself Before Setting Up A Business

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For more about Rod and his real estate investing journey go to www.rodkhleif.com

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Transcript

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0:00.0	Welcome. This is the Lifetime Cash Flow through Real Estate Investing Podcast.
0:06.0	This is where you learn strategies to help you achieve lifetime financial freedom through real estate investment.
0:12.0	Your host Rod Cleef has owned over 2,000 homes in apartments.
0:17.0	And he brings experts in all aspects of real estate investment and management onto the show.
0:22.0	Now, here's your home. investment and
0:25.1	Now here's your host
0:27.0	Rod Cleef. Welcome to another edition of lifetime cash flow through real estate investing.
0:30.2	I'm Rod Cleef and I am thrilled that you're here and you're going to get tremendous value today from the gentleman I'm interviewing
0:36.0	His name's Tommy Thornburg and he's the president of prime corporate services and to give you an idea of what they do
0:46.2	Well, they've started in 2012 and they have started 150,000 businesses, corporately, like LLCs for example.
0:51.6	They've done tens of thousands of tax returns so they provide services
0:55.1	to people like my warriors my clients and so we're going to talk about a lot of
1:00.5	strategies in fact I just had him speak at our Warrior event and add value to my
1:04.8	warriors this last weekend. We had a Warrior-only event with a few hundred of my coaching students, my
1:09.3	warriors and he added a ton of value there. It was a line of people waiting to talk to him after he was done.
1:14.2	So you definitely want to plug in and listen to this episode.
1:18.5	Welcome to the show, brother.
1:19.5	Thank you.
1:20.0	Thank you for having me.
1:20.8	Amazing event.
1:21.5	That was fun. Oh, thanks, thanks, thanks, thanks Amazing event. That was fun.
1:22.6	Oh, thanks, thanks, thanks.
	...

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