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Robert Kiyosaki, "Rich Dad, Poor Dad” Author
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Kristin B. Tate (FOX News, CNN, MSNBC) joins me to discuss Biden tax and housing policies, inflation, and investing.
President Joseph R. Biden, Jr.’s bill to create a $15,000 first-time homebuyer tax credit is wrong. It helps the demand side. America needs help on the supply side. I give ideas.
Biden wants to severely limit the 1031 Tax-Deferred Exchange for real estate investors. Only your first $500K of gains would be exempt from capital gains tax.
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“DON’T FOLLOW MONEY; MAKE MONEY FOLLOW YOU.”
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This is the exact modest four-plex that I bought in 2002. It was the first home that I ever owned of any kind. It is in midtown Anchorage, Alaska, a city of 300,000 residents.
Get Rich Education provides education, actionable content, inspiration, and may receive referral fees for various investing opportunities with reputable providers, offering exceptional value to the buyer.
My mindset and investing philosophy can be summarized by the Robert Kiyosaki quote, “Don’t live below your means. Expand your means.”
Cultivate an abundance mindset. Clearly see how real estate has made more ordinary people wealthy than any other investment vehicle. It’s not “get rich quick”. But most people don’t build wealth at all!
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