Title | : | How Rich People Avoid Paying Taxes - Robert Kiyosaki and Tom Wheelwright @TomWheelwrightCPA |
Lasting | : | 10.29 |
Date of publication | : | |
Views | : | 1 jt |
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What are some of your tax strategies to pay less in taxes this year? Comment from : The Rich Dad Channel |
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hard to belive but i rewatch almost 5 times yet still don't understand Comment from : evader invasion |
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One of the best and most important videos I've seen for my future career Thanks Tom and Robert Comment from : Jim Raggos |
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Which rich dad book covers depreciation? Comment from : TheTopGTube |
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so when i heard correctly: Your tax that you have to pay from your cashflow, goes into depreciation, because you borrow more money from the bank and because you buy real estate So the taxes, turning from taxes into a check from the government to support you to buy real estate and pay off your debt faster, while you are paying your debt off with your cashflow from the asset (real estate) Am i right ??? Please Correct me if im wrong Comment from : PeisaaZz |
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jo is this tax rule guilty in any country, because germany for example is the worst when it comes to taxes Comment from : PeisaaZz |
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5:00 Comment from : Scary Talz |
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im still abit confused on tax depreciation Comment from : sting like a bee |
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Depreciation is confusing Comment from : M Ateeb Ur Rahman |
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I need 1 million euro please brKind regards Comment from : wowww ck |
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Thanks for this Robert 😊learning one day at a time Comment from : Njideka Emeruem |
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Easier said than done Comment from : cadillacman |
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How come depreciation does not come out of your pocket when you bought that asset? Comment from : Dropbooks |
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these are too many tax laws in different countries Comment from : 明良 林 |
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damn guy the rich are really getting richer day after day😂 Comment from : Joshua Igbedioh |
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Taxes suck in Australia dutiies " gst " excise taxes Comment from : Ben Chesterman |
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You pay taxes a consumer idiot , you can't avoid taxes a franchise or independent owner Comment from : Ben Chesterman |
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🙏🙏🌹🌹 Comment from : vibhav rastogi |
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I’m so happy I made productive decisions about my finances that changed my life forever I’m a single mother living in Melbourne Australia, bought my second house in September and hoping to retire next year at 50 if things keep going smoothly for me Comment from : martina castillo |
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Thank you for the knowledge 🙏 Comment from : Michelle |
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lol at the token millennial just standing there Comment from : Jordan S |
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What about the interest rate that you have to pay to the bank for the debt? Comment from : The-Humble-Trader |
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What does the tax deduction include?br1 Goods and Services tax?br2 Income tax? Comment from : Kei Journeys |
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Swedes Pay lots of Tax yet they live Very Well and produce more Billionaires per capita than the USA Comment from : Ben Johansson |
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This is the same thing he spoke about in his other video, and it has helped me save over $100,000 in taxes in an unimaginably short time Comment from : Olivia Stone |
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Thank you 144000 Comment from : XTRMETVBOX LLC |
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I need to see the beginning to understand fully Where can I find it? Comment from : Ash Wynn |
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where to get this kind of "debt" in Vienna? Comment from : Nastja S1 |
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and where to get that kind of debt in Vienna? Comment from : Nastja S1 |
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Have debt and make money, yesss Comment from : the bearded plumber |
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Good information!👍 Comment from : Alfonso Betancur |
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Capitalism is psychological People are the taxes Comment from : Savings Minus Debt |
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I can't tell who's the tax expert here Tom doesn't sound too confident Comment from : Savings Minus Debt |
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I mean this is the recipe for becoming rich, yes you need to be smart and already have some money saved up or loaned to you, but what they say is real, money makes money, you invest and invest and invest, you get real estate apreciation and you get tax deductables, is a win win, I just need money lol Comment from : AnibalTV |
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I own property and I don't get this am I just stupid Comment from : Frankie Figz |
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Don't you see there is a big hole in this , br1 Inflation br2 Increase in bank interest ( unexpected)br3 Appreciation is not same as the depreciation brbror is there any way to handle this too Comment from : V S |
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b⬆️🆙No’one gets account funded perfectly than🆙legendary/b Comment from : Right |
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“A penny saved its a penny earned” Comment from : Kyle Alldredge |
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bThought all hope was lost till I found👆⬆️thanks for saving me man/b Comment from : 👉LAMO081 ON INSTAGRAM👈 |
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b👆Now! Y’all won’t believe I got help from ⬆️⬆️🆙dude funded my account in few hours/b Comment from : Lamo081 on Instagram👇💪 |
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As an actual accountant this video has some good points but substantial flaws Would love to know actually how to write off a residential real estate property in 12 years $6mil 12 is $500k a year like they talk about Real world it’s depreciated over 275 years so that same property is only getting $218k Again this method is going to work long term but Robert is unrealistic in hyping this up trying to get you to buy his course Comment from : Luke Starre |
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one thing I dont understand is why is this tax free Dont landlords have to pay taxes Comment from : martina flanagan |
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She's so cute btw I forgot about the subject and why I'm here Comment from : Joe Gage |
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I really really love this episode Thank you 😊 Comment from : Wonder Women Comics |
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Does the debt / depreciation example still work as interest rates go up? Comment from : George Joseph |
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bGreat content man! If you failed to buy Bitcoin in the first place, I think now is the best time to buy again I've been in the crypto space since 2014 and the profits I’m making from crypto helps me stay financially stable/b Comment from : Harrison Bernard |
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I have to say it, these 2 are mad mans Comment from : Zack Azariel |
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ron paul : taxation is theft Comment from : Johnny Esmond |
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0:23 Comment from : vijay sanjay |
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I dun understand amortisation part Can someone care to explain?brbrI know this term is used in lending and intangible assets Comment from : Junior Leong |
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i am ready have Small business income, i already found an investment that will give me monthly income cashflow, what do i do next? Comment from : Started Now we are here |
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can you explain how to register as a "I"? Comment from : Started Now we are here |
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I’m so confused lol Need to watch this a few times Comment from : Michael Curtis |
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Depreciation lowers your cost base of the asset so you’ll pay a higher capital gains tax once you sell the property You’re simply deferring the taxes Comment from : CL L |
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so how would you apply this knowledge, what would be teh first thing to do? 1register a new company as 2 how do you link your current cash inn,? 3 how do you link your current DIVIDENDS monthly income from a company? 4 how is yous income is tax free? 5 how do i transfer money to buy more of my "asset" that gives me income "dividends", ( do you use credit card)? Comment from : Started Now we are here |
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i dont want to buy properties, can it be a investment that gives me 4 dividends per month? what do i do with the received dividends? how do i deduct those? Comment from : Started Now we are here |
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Aahahahaa The Rich Dad channel brbrHmmm Comment from : AFU |
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And this, is the beginning of inflations LOL Comment from : Rinaldi Rahardja |
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Is this avoiding completely all the taxes? Or we just delayed them? Comment from : ThisLife |
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How do you get tax free again? Sorry I don’t quite understand can someone please explain :S Comment from : Life is a Show |
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Not only only long little bit tricky for me😅 Comment from : Pratik Mehta |
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Wow this is Amazing! Is it the same for freelance? I try to figure everything out Comment from : Akash Jibodh |
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Great sharing:) It is really inspiring It would be awesome to share the same for non US citizens actually Comment from : FreeCamgirls Com |
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But he still pays property taxes right? So? Comment from : NN |
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I had a friend i was sharing flat with in my early twenties as i like reading everything I just kept ignoring her book she was given by somebody the book was rich dad poor dad than one day i just picked it up started reading it i couldn't stop reading even when my friends were going out i will stay keep reading it it changed my life forever thank you mr kiyosaki Comment from : Hleniwe Funeka |
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Hmm, is this why Netflix can do what it does? Investing in so many damn show's like they have infinite cash flow Comment from : ShiftNova |
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Anh hát bằng cả trái tim bảo sao mà cứ ngọt lịm như vậy Bài nào cũng cảm xúc luôn Comment from : Jamar Parker |
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U can’t avoid taxes legally unless u r a business man! 😄 Comment from : Team Sara Ali Khan |
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Depreciation’s the key to unlock the door Comment from : HarviDude |
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Intrest is the tax paid on debt Debt free is the best plan for me Comment from : jason ross |
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I've never owed money before on my taxa I worked for a contractor at Amazon n didn't fill out my tax information correctly when I got hired I was excited thinking I was going to be getting a good lil return No I owe brWhat can be done Comment from : C Ryder |
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How is this a really long clip? Comment from : kravenofspider |
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But doesnt debt have apr onit (intrest) so youll be paying extra money on tge money you have borrowed Comment from : Cali cartel |
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How do we file depreciation on our taxes? Do I need to hire a CPA for that? Because I really would like to do it myself Comment from : Soojin Sou |
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“Oh my gosh, don’t worry I’m still here”… no one was worried about that LOL Comment from : Noham |
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Can you suggest any accountants that would understand how to file taxes in this manner at the end of the year Comment from : John Dillinger |
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I like how she says taxes Comment from : I don’t know what am doing |
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the guy in blue looks like a lizard Comment from : Joe Puente |
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One of the biggest charlatans on the internet is this guy He’s almost comical if you understand how nonsensical he is Comment from : Case E Solved |
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Can this also be applied in Spain ? Comment from : Ramzy Benamar |
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I am just 15 from India I had to watch it 5 times but I finally understood Thanks 🙏 to Robert Sir and Tom Sir Comment from : SS Infinity (Shlok Sigtia) |
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2:13 Comment from : N |
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that piece of paper can sell forbra million bucks or more in thebrnear future becoz of Robert K Comment from : Bad Jaeaux |
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so if a buy a house which is a liability, i rent it out how do i lower my taxes? Comment from : Jermaine Murphy |
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Is it principle still work and will work in coming new years and for how long please? Comment from : Andy Liu |
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In uk its diffeterent even if you buy a real estate from the benef of your business you still need to pay the profit you gained for the year Comment from : Super Star |
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What type of education/school can you learn this stuff? Comment from : Helen Rivera |
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Tom Wheelwright is Smart Comment from : Sword and Gun |
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I thought self-employees or 1099 pay 153? That's what my research is showing Comment from : Loobeng Guano |
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But what does Robert mean when he's talking about "good" debt ? Comment from : Amadou Tidiane Wone Junior |
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Ive been cooking on gas mark 6 all day! Have to make sure my tax returns are nice n crispy for the end of the month 😤😤😤 Comment from : MegaMissfitz |
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Why are you not a billionaire? Comment from : El Pablito Rodriguez Harrera |
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Awesome topic to be discussing right now Comment from : The Findlay Mortgage Team |
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