In this episode I go into detail about my personal tax return with respect to the implications of having sold six rental properties in 2019, and the resultant effects on my taxes this year. I also give a quick update at the end of the episode about my affiliate marketing and Shopify e-commerce experiments. I finish with a very brief preview of the next episode, in which I’ll discuss the “Triple Threat Limited Partnership” corporate structure for business.

In this episode I provide an update on my affiliate marketing outsourcing experiment, as well as go into detail about a new project that I’ve initiated centered on Shopify e-commerce.

In this episode I discuss a recent article that I read by the author Austin G. Mackell, whose article “Explaining Bullshit Jobs with Monetary Theory“ sparked some thoughts on our job marketplace, our distorted economy due to our banking system and government, as well as the idea of a universal basic income (UBI).

In this episode, I conclude the informal three-part series that began with Episode 36, where I continue to look at some of the revelations from the New York Times examination of President Trump’s taxes. Specifically, I look at some of the tax deductions that he claimed for his businesses and explore why it’s advantageous to pay taxes as a business entity versus as an individual. I also recommend that listeners pick up a copy of Tom Wheelwright’s book “Tax Free Wealth” as it does an outstanding job educating the reader on many of these tax concepts.

In this episode I continue exploring the implications of the revelations surrounding President Trump’s tax returns, based on the New York Times recent exposè, and specifically discuss Trump’s status as a real estate professional in the eyes of the IRS. I go into detail about the implications of that status and how it has allowed him to avoid paying Federal income taxes 11 out of the last 18 years.

In this episode I pivot off of the news that came out yesterday about President Trump’s taxes, and specifically the $300 million of debt that he has, and use that to explore the idea of debt and its role in our monetary system. I go into detail about fractional reserve banking, and how crucial it is to understanding the other financial reality in our society (the one for the wealthy), as well as explore the seminal document behind fractional reserve banking, Modern Money Mechanics..

In this episode I focus on the existence of two separate and disparate financial realities: one for the poor and middle-class, and one for the wealthy. I’ll take a look at some of the specific tax avoidance mechanisms available to the wealthy and highlight the implications with respect to their financial reality.

In this episode I give an update on my affiliate marketing experiment, with respect to completion of the landing page and work beginning on the second landing page, as well as my search for Facebook and Google ad sellers on Fiverr. I also provide an update and additional thoughts on redeploying my virtual assistant into multiple freelance gigs. I wrap up with some thoughts on the leverage and automation available to everyone with respect to the Internet and associated software apps.

In this episode I discuss a new topic: the use of whole life insurance as an investment and wealth planning mechanism, as well as its relation to another concept I’ve covered here, buy borrow die (BBD).

In this episode I go over some thoughts I’ve had recently on reassigning my virtual assistant (VA) to other areas besides running my Shopify store, which has failed to gain traction, by setting up freelance gigs on Fiverr for things like building Shopify stores and optimizing websites for SEO/SEM, then letting the VA complete those tasks in my stead.