378: Happy New Fear: RV Ratios, Property & Crypto Taxes with Tom Wheelwright

With higher property prices, what rent-to-value ratio makes sense today? I answer this thoroughly. Lower RVs make sense today due to: lower interest rates, new-build properties, the timing of equity harvesting and more. GRE Marketplace is coming soon. Tom Wheelwright joins us to help you reduce your property tax and cryptocurrency tax.  Learn why some states have higher property tax than income tax or vice versa - CA, TX, NY, NJ, AK, and more. Many property tax professionals only get paid based on how much they reduce your property tax. Learn what works in actually getting your property tax reduced: comparables. In cryptocurrency, you are taxed on either a sale or an exchange - not just a sale. For example, if you trade bitcoin for ethereum, you have a tax consequence. If you buy a $3 cup of coffee with crypto, that is usually taxed. Miners of crypto are taxed when they mine it, not only when they sell it. Crypto is taxed at capital gains tax rates. Tom does not believe that crypto will be outlawed in the US. Rather, it will be regulated through taxation and reporting. Get our free wealth-building “Don’t Quit Your Daydream” Letter. I write it myself: www.GetRichEducation.com/Letter Resources mentioned: Show Notes: www.GetRichEducation.com/378 Tom Wheelwright’s website: www.WealthAbility.com Tom’s popular book (I’ve read it): Tax-Free Wealth To learn more about eQRPs: text “EQRP” in ALL CAPS to 72000 or: eQRP.co By texting “EQRP” to 72000 and opting in, you will receive periodic marketing messages from eQRP Co. Message & data rates may apply. Reply “STOP” to cancel. Get mortgage loans for investment property: RidgeLendingGroup.com JWB’s available Florida income property: CashFlowAndGrowth.com New Const. Florida SFHs & multifamilies: www.B2Rdirect.com Best Financial Education: GetRichEducation.com Get our free, wealth-building “Don’t Quit Your Daydream Letter”: www.GetRichEducation.com/Letter Top Properties & Providers: GREturnkey.com Follow us on Instagram: @getricheducation Keith’s personal Instagram: @keithweinhold