Path to Wealth Using The tax Code: Taxes on Real Estate Investments | "MASTER INVESTOR" #wealth #we

Path to Wealth Using The tax Code: Taxes on Real Estate Investments | "MASTER INVESTOR" #wealth #business #biz #wealth #livestreaming #business #live #wealth #masterinvestor #successShow more

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Summary:

There are methods to take advantage of the tax code.
Ensure that we get knowledgeable tax advice to assist us in comprehending the tax code.
We too can get wealthy if we follow the rules.
A tax revolt laid the foundation for the US

If you were paying attention in school, we would have discovered that the Boston Tea Party in 1773 was the actual beginning of America. Yes, it is correct. A tax revolt laid the foundation for America. The patriots tossed the tea into the water because they were sick of paying taxes on it. Ultimately, this resulted in the Revolutionary War of 1776.

It's unclear when exactly so many people in this nation developed an infatuation with paying taxes, but the truth is that America was built on paying as little in taxes as possible. It is not patriotic to pay taxes. Theft is what taxes are.

The purpose of the tax code is to reward the right of the Cash-Flow Circle

As you are undoubtedly aware, there are lengthy and intricate tax codes in the US and many other nations. The reason behind this is the question.

The explanation for this is that government officials long ago discovered that they could use the tax system to force individuals and companies to comply with their wishes.

To put it succinctly, the government intends for us to utilize the numerous credits and breaks that are included in the tax code. For example, the government favors affordable housing.

As a result, developers and investors can benefit from a variety of tax credits for affordable housing that reduce their tax obligations, increase their take-home pay, and ultimately help to build affordable housing. Everyone is successful.

Rather than pay our money to a bureaucrat, we would rather put it in reasonably priced housing.

The mentality surrounding employee taxes

In actuality, employees don't really have much financial influence over taxes. They have very limited leeway because they are entirely at the mercy of the law.

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