Adjusted Basis | Harnessing Financial Value Beyond The Numbers
Today Kelly talks about the adjusted basis. This is a simple calculation that’ll help you understand more clearly what your position is in a given deal. What your REAL position is, both in a financial sense for the purpose of calculating profits and taxes, but also to learn to identify value and gain an advantage in a deal where other investors can’t identify that value, or you’re seeing things that they don’t see. It’s these little details and subtleties, especially in the tax code, that make investors so rich and help them avoid paying taxes and keep more of their money.
Keep this at the back of your mind 1:50
Current formula and calculating 2:55
Finding that unfair advantage 6:20
This will pay off for you 8:20
“You may have heard that investors on a higher level seek leverage and this is true because it gives them an unfair advantage from the very beginning. That’s what we’re talking about today is finding that unfair advantage.” 6:20
Adjusted Basis | Harnessing Financial Value Beyond The Numbers
Today Kelly talks about the adjusted basis. This is a simple calculation that’ll help you understand more clearly what your position is in a given deal. What your REAL position is, both in a financial sense for the purpose of calculating profits and taxes, but also to learn to identify value and gain an advantage in a deal where other investors can’t identify that value, or you’re seeing things that they don’t see. It’s these little details and subtleties, especially in the tax code, that make investors so rich and help them avoid paying taxes and keep more of their money.
Keep this at the back of your mind 1:50
Current formula and calculating 2:55
Finding that unfair advantage 6:20
This will pay off for you 8:20
“You may have heard that investors on a higher level seek leverage and this is true because it gives them an unfair advantage from the very beginning. That’s what we’re talking about today is finding that unfair advantage.” 6:20