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How To Minimize Your Tax Liability And Maximize Your Income with Timothy A. Krambs


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This is part 1 of my conversation with Timothy A. Krams. Timothy is an Army veteran with over 24 years of combined military service, Timothy A. Krambs has passionately pursued a life of provision not only for his family and military community but for our nation as a whole. Tim has defended the United States and represented the US government and its citizens in several noteworthy capacities. Driven by a mindset of innovation and exploration, he completed a Bachelor of Science degree in Mechanical Engineering and was commissioned as an Army Aviation Officer in 2000. After serving multiple overseas tours and deployments to the middle east as a combat commander and pilot of military aircraft, he completed a Master of Arts degree in International Security Studies and progressed his military career as a Foreign Area Officer. With diplomatic status, he led teams that defended US interests and collaborated with inter-agency, inter-governmental, and various military organizations while serving in executive-level positions. Having traveled the world, he saw an immense opportunity and took great pride in investing in real estate, fostering an entrepreneurial spirit with a provisional mindset to serve.

In this episode, Timothy shares his story and they discuss how his real estate experience has helped him become a successful investor. He shares how active duty passive income helped him learn from other experienced investors, and how he has benefited from their resources. He shares how he is able to use his military benefits to invest in real estate without any limitations. To learn more about Timothy and his work, listeners can visit his LinkedIn!

[00:01 - 04:16] Surround Yourself With People Who Have The Same Mindset As You Are

  • Timothy shares his military history which includes flight training and owning properties in Alabama and the Pacific Northwest

[04:17 - 12:37] How To Minimize Your Tax Liability And Maximize Your Income

  • Timothy discusses how he joined Active Duty Passive Income and learn about what action takers only the Mastermind was producing
  • How he got into the multi-family space from what he learned in Active Duty Passive Income
  • He advises against listening to financial advice from people who are not knowledgeable about the subject matter
  • Learning about taxes and how to minimize them
  • The importance of surrounding yourself with people who have the same mindset as you in order to change your mindset
  • Focus on your goals and be persistent in achieving them

[12:38 - 18:08] Closing Segment

  • Timothy stated that it is important for people to learn how to change their persona and focus on their strengths instead of their weaknesses
  • To learn more about Timothy, listeners can visit his LinkedIn!

Tweetable Quotes:

“What real estate can bring to you to bring financial freedom and to all the benefits that facilitated for, not only is this for everyday civilians but also specifically for the military.” – Timothy A. Krambs

“How to best utilize and maximize your potential for income and minimize your tax liability, getting smart in that alone. It just produces the foundation you need to scale.” – Timothy A. Krambs

Connect with Timothy through his:

LinkedIn: Timothy A. Krambs

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The Academy Presents podcastBy Angel Williams