Get Rich Education

103: Tax-Free Real Estate with Tom Wheelwright


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#103: Tom Wheelwright is a tax genius and regular contributor here. He's the Founder and CEO of ProVision Wealth, which prepares Keith's tax returns. TaxFreeWealthAdvisor.com

Want more wealth? Visit GetRichEducation.com and 1) Subscribe to our free newsletter, and 2) Find turnkey real estate investing opportunities.

Listen to this week's show and learn:

04:04 Every dollar of your income is either taxable or not taxable.

08:08 How you are double and triple-taxed.

09:59 How tax depreciation works for real estate investors.

13:33 Cost segregation.

16:10 Why Donald Trump won't release his tax return.

20:14 Here's when you start a tax and asset protection strategy.

23:40 Holding your real estate in an LLC vs. "S" Corp.

25:55 IRS audits and taking deductions.

28:06 Garrett Sutton.

29:40 Picking the wrong lawyer.

32:48 Audit prevention: 1) Documentation. 2) Competent tax preparer. 3) Don't talk to the IRS.

Resources Mentioned:

TaxFreeWealthAdvisor.com or call 866-467-5809

CorporateDirect.com

NoradaRealEstate.com

RidgeLendingGroup.com

GetRichEducation.com

...more
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