January 29, 2021

Episode 178: Tax-Free Wealth with Tom Wheelwright

40 minutes

In this episode we ask:

Who is Tom Wheelwright?

Have you read his book, Tax Free Wealth?

Would you like to hear his podcast?

What was Tom’s childhood like?

Where did Tom first learn about money?

What was one of Tom’s first jobs?

What did Tom learn about rental property?

With whom does Tom work?

What does Tom’s CPA network look like?

What does Tom love about tax education?

How did Tom’s relationship start with Robert Kiyosaki?

Where do Tom and Robert travel together?

What about the tax law around the world?

How is the tax law a series of incentives?

What is Tom’s paradigm of taxes?

How long is the tax law in the U.S.?

Is all income taxable?

Is anything deductible?

What is the majority of the tax law?

What’s the history?

What about incentivizing the free market?

What about tax credits?

What about depreciation?

What about tax credits for sending your kid to college?

What about tax deductions for buying a house?

What do most countries have in common?

What’s fun about taxes?

How does one make more money when they follow the tax law?

What about electric cars?

Is the free market the best place to build infrastructure?

What about the cash flow quadrant?

What about tax incentives?

Have you read Cash Flow Quadrant by Robert Kiyosaki?

Are you an employee?

Are you self employed or a small business owner?

Are you a big business owner?

Are you an investor?

What about Trump paying $750 in taxes?

What about debt and real estate?

Do you have to be big to get the benefits of the big business?

Can an employee enjoy the tax benefits of an investor?

What about the Wall Street trap?

What about “retail” investments?

What about “wholesale” investments?

What about private equity?

Is this available to anyone outside of the 1%?

What about “factory-direct” investments?

What’s on the horizon for real estate?

What’s on the horizon for tax law?

Are taxes going down?

What’s likely to happen?

What about incentives toward clean energy?

Where is policy headed?

What was one of the best real estate deals ever?

Are you looking at cash flow?

What is the simple analysis of any deal?

What will happen to the size of government?

What opportunities come with government expansion?

What about the pandemic?

What about office space and other commercial real estate?

What is Tom doing differently in their office?

How many streams of tax-free income can Tom and Mark think up?

What about Roth IRAs?

What about HSAs?

What about depreciation on rental real estate?

What about a 1031 exchange?

What about reverse mortgages?

What about life insurance?

What about a business?

What is the only thing you can cash out of tax free?

How can you combine a business with real estate?

What about clean energy?

What about oil and gas?

What runs out? What wears out?

What about renewable energy?

Would you like to hear the Wealthability show?

Would you like to read Tom’s book, Tax-Free Wealth?

Would you like to visit wealthability.com?

Would you like to join the NEW Not Your Average Financial Community?

Tom Wheelwright is a CPA, CEO of WealthAbility®, Best-Selling Author of “Tax-Free Wealth”, Owner and Active CPA for Wheelwright Manahan, Speaker, and Host of 2 popular podcasts, including The WealthAbility® for CPAs Show. Wheelwright advises CPAs, accounting professionals, small business owners, entrepreneurs, and investors how to permanently and legally reduce their taxes by 10-40%. Previously, Wheelwright was a Manager in the National Tax Office of Ernst and Young, an Adjunct Professor in the Masters of Tax Program at Arizona State University for 14 years, and a Fortune 500 in-house tax advisor and tax lobbyist.

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By Not Your Average Financial Podcast™

4.7

122122 ratings

January 29, 2021

Episode 178: Tax-Free Wealth with Tom Wheelwright

40 minutes

In this episode we ask:

Who is Tom Wheelwright?

Have you read his book, Tax Free Wealth?

Would you like to hear his podcast?

What was Tom’s childhood like?

Where did Tom first learn about money?

What was one of Tom’s first jobs?

What did Tom learn about rental property?

With whom does Tom work?

What does Tom’s CPA network look like?

What does Tom love about tax education?

How did Tom’s relationship start with Robert Kiyosaki?

Where do Tom and Robert travel together?

What about the tax law around the world?

How is the tax law a series of incentives?

What is Tom’s paradigm of taxes?

How long is the tax law in the U.S.?

Is all income taxable?

Is anything deductible?

What is the majority of the tax law?

What’s the history?

What about incentivizing the free market?

What about tax credits?

What about depreciation?

What about tax credits for sending your kid to college?

What about tax deductions for buying a house?

What do most countries have in common?

What’s fun about taxes?

How does one make more money when they follow the tax law?

What about electric cars?

Is the free market the best place to build infrastructure?

What about the cash flow quadrant?

What about tax incentives?

Have you read Cash Flow Quadrant by Robert Kiyosaki?

Are you an employee?

Are you self employed or a small business owner?

Are you a big business owner?

Are you an investor?

What about Trump paying $750 in taxes?

What about debt and real estate?

Do you have to be big to get the benefits of the big business?

Can an employee enjoy the tax benefits of an investor?

What about the Wall Street trap?

What about “retail” investments?

What about “wholesale” investments?

What about private equity?

Is this available to anyone outside of the 1%?

What about “factory-direct” investments?

What’s on the horizon for real estate?

What’s on the horizon for tax law?

Are taxes going down?

What’s likely to happen?

What about incentives toward clean energy?

Where is policy headed?

What was one of the best real estate deals ever?

Are you looking at cash flow?

What is the simple analysis of any deal?

What will happen to the size of government?

What opportunities come with government expansion?

What about the pandemic?

What about office space and other commercial real estate?

What is Tom doing differently in their office?

How many streams of tax-free income can Tom and Mark think up?

What about Roth IRAs?

What about HSAs?

What about depreciation on rental real estate?

What about a 1031 exchange?

What about reverse mortgages?

What about life insurance?

What about a business?

What is the only thing you can cash out of tax free?

How can you combine a business with real estate?

What about clean energy?

What about oil and gas?

What runs out? What wears out?

What about renewable energy?

Would you like to hear the Wealthability show?

Would you like to read Tom’s book, Tax-Free Wealth?

Would you like to visit wealthability.com?

Would you like to join the NEW Not Your Average Financial Community?

...more

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Episode 178: Tax-Free Wealth with Tom Wheelwright

Episode 178: Tax-Free Wealth with Tom Wheelwright

More shows like Not Your Average Financial Podcast™

BiggerPockets Real Estate Podcast

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business

Creating Wealth Real Estate Investing with Jason Hartman

The Best Ever CRE Show

Rental Income Podcast With Dan Lane

Get Rich Education

Main Street Business

Passive Real Estate Investing

Real Wealth Show: Real Estate Investing Podcast

Tax Smart Real Estate Investors Podcast

The WealthAbility Show with Tom Wheelwright, CPA

Real Estate Investing with Coach Carson

Ken McElroy Show

Real Estate Rookie

PassivePockets: The Passive Real Estate Investing Show