181: The Tale Of Two Real Estate Markets | Tom Wheelwright: Past, Present, and Future Of Taxes
The Tale Of Two Real Estate Markets | Tom Wheelwright
Learn how to permanently reduce your taxes. At a W-2 job: the government gets paid first, Wall Street second, and you’re third. I recite “A Tale Of Two Real Estate Markets”. This story will shift your thought paradigm and make your jaw drop. Tom Wheelwright & I discuss income tax and capital gains tax – rates, history, and strategy so you legally pay the lowest possible rates. Learn why house flippers pay higher tax rates than buy-and-hold real estate investors. Where will tax rates be in the long-term future? Tom discusses.
Want more wealth? 1) Grab my free newsletter at: GetRichEducation.com 2) For actionable turnkey real estate investing opportunities: GREturnkey.com 3) Read my new, best-selling book: GetRichEducation.com/Book Listen to this week’s show and learn:
01:02 “A Tale Of Two Markets”.
13:10 At a W-2 job: the government gets paid first, Wall Street second, you third.
14:05 Income tax, Social Security tax.
30:13 Capital gains tax.
36:48 Thoughts about where future tax rates will be.