How Rich People Avoid Paying Taxes -Robert Kiyosaki

Robert Kiyosaki’s SECRET Tax Hacks PART 1

Discover a way to pay fewer taxes lawfully, deductions you can apply as well as the three approaches Robert Kiyosaki uses to pay 0% in tax obligations.

Routine staff members pay regarding 40% in taxes while self-employed individuals like doctors, lawyers & accountants pay 60% tax obligation. Entrepreneurs, on the other hand, pay 20% tax with capitalists paying 0% in tax obligations. Would you not want to be on the ideal side of the CASHFLOW Quadrant? It is definitely feasible to go around paying 0% tax obligation. You don’t have to be a criminal to not pay taxes, you just have to be wise..

Actually, the government does not want you to pay taxes. They utilize taxes as incentives to get you to do what they desire you to do..

Best known as the writer of Rich Dad Poor Dad-the # 1 personal financing book of perpetuity– Robert Kiyosaki has actually challenged as well as transformed the lives of  tens of millions of individuals all over the world. He is an investor, entrepreneur, as well as educator that thinks that each of us has the power to makes changes in our lives, take control of our economic future, as well as live the rich life we should have.

With viewpoints on cash and also investing that frequently oppose conventional wisdom, Robert has actually earned a worldwide reputation for straight talk, irreverence, as well as nerve and also has come to be a outspoken and enthusiastic advocate for monetary education and learning.

Robert’s most recent books– Why the Rich Are Getting Richer and More Important Than Cash– were released in the springtime of this year to note the 20th Wedding anniversary of the 1997 launch of Rich Dad Poor Dad. That book as well as its messages, watched around the globe as a timeless in the individual money arena, have actually stood the test of time. Why the Rich Are Getting Richer, released twenty years after the global hit bestseller Rich Dad Poor Dad, is placed as rich dad Graduates School. Robert has likewise co-authored two publications with Donald Trump, before his effective bid for the White House and political election as Head of state of the United States.

Get a good start here on your entrpreneural journey:                                     ==>

7 thoughts on “How Rich People Avoid Paying Taxes -Robert Kiyosaki

  1. Say you bought a 100k rental property on a 30 year fixed. You rent the property for 1,000 per month. That 1,000 covers your $500 amortization payment plus expenses. The rest is cash flow in your pocket. Also, houses and land tend to appreciate in value. So 10 years from now your property is worth 120k. You earned 20k in equity (120k-100k) tax free. Also, the income from the 1,000 per month is taxable, but you get to deduct Depreciation expense from that income every year, therefore money saved is money earned. To take it one step further, inflation means that the money you borrowed today isn’t worth as much in the future, so the value of the money you pay back on the loan is worth less than the money you borrowed. Win, win, win, win.

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