5 • 957 Ratings
🗓️ 3 February 2022
⏱️ 23 minutes
🧾️ Download transcript
When you establish your own business, it's necessary to pay close attention to your taxes. In this episode, we'll talk about why you should start laying your foundation the right way and pay your taxes the way you should.
WHAT YOU’LL LEARN FROM THIS EPISODE
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0:00.0 | The down payment that we need is the equity that we've created by our |
0:03.4 | negotiation. So it's not cash that you need. It's a skill set to reduce the |
0:08.1 | equity portion. So if you're buying it at 70% off, that 30% discount is your |
0:12.7 | down payment. So you don't need cash, because it's not based on the purchase |
0:16.2 | price. It's based on the value. |
0:19.2 | Welcome to the big fat real estate checks podcast with Marco Kuzlowski, where |
0:24.7 | we help investors like you get the knowledge and skills you need to replace |
0:28.7 | your J.O.B. with passive cash flow for life. |
0:33.8 | Hey everyone, welcome to a big fat real estate tax tax tax. This is Marco |
0:39.4 | Kuzlowski. You're almost fearless leader that used to fear everything, but |
0:43.8 | now loves to learn new things and be stretched with friend, who is freezing |
0:52.0 | cold in Toronto, but I think it is heater fixed today. And the Gabrielle, |
0:55.4 | at a ease, who is now claiming exactly. He's now claiming that he is a |
1:01.7 | resident of Florida, has his driver's license and everything in his |
1:05.6 | official. So I welcome to the club, Gabrielle and Frank is still out |
1:10.2 | left in the cold and alone. |
1:12.8 | If there's any constellation, I do have a Florida license. So I'm halfway |
1:16.0 | there. But where do you actually live right now? Where do you stay |
1:21.6 | Frank? |
1:22.6 | I'm in Toronto, yes. He's in his basement. But in my thoughts, but in my thoughts |
1:26.5 | of in Florida, he's in Toronto, my thoughts and prayers are with you Frank and |
1:30.8 | your family. Yes. Again, little side track. Welcome to the big fat real estate checks. |
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