Real Estate: How to AVOID Paying Taxes (Legally!) (with Tom Wheelwright) Tom Wheelwright is correct: the tax code is really the 6000-page guide to lower your taxes. So what tax benefits does real estate have now? Join Ken McElroy and Rich Dad Advisor, Tom Wheelwright, in a conversation about how to (legally) lower your taxes […]
There have been a lot of tax law changes from the new administration, so how you normally structure your tax write offs may not be the best way to do them this calendar year. Today, I am joined by Tom Wheelwright who is a very knowledgeable CPA and we are going to discuss all things […]
People often times miss this very important question. They try and measure the cashflow of the future value, or they say they don’t mind feeding it some money each month. To be direct, it is only a good investment if it cashflows based on the rents and expenses of today, not the future rents you think you will get five years from now. Cashflow is the most important thing when deciding on a rental property.