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How Rich People Avoid Paying Taxes - Robert Kiyosaki and Tom Wheelwright @TomWheelwrightCPA




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Title :  How Rich People Avoid Paying Taxes - Robert Kiyosaki and Tom Wheelwright @TomWheelwrightCPA
Lasting :   10.29
Date of publication :  
Views :   1 jt


Frames How Rich People Avoid Paying Taxes - Robert Kiyosaki and Tom Wheelwright @TomWheelwrightCPA





Description How Rich People Avoid Paying Taxes - Robert Kiyosaki and Tom Wheelwright @TomWheelwrightCPA



Comments How Rich People Avoid Paying Taxes - Robert Kiyosaki and Tom Wheelwright @TomWheelwrightCPA



The Rich Dad Channel
What are some of your tax strategies to pay less in taxes this year?
Comment from : The Rich Dad Channel


evader invasion
hard to belive but i rewatch almost 5 times yet still don't understand
Comment from : evader invasion


Jim Raggos
One of the best and most important videos I've seen for my future career Thanks Tom and Robert
Comment from : Jim Raggos


TheTopGTube
Which rich dad book covers depreciation?
Comment from : TheTopGTube


PeisaaZz
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


PeisaaZz
jo is this tax rule guilty in any country, because germany for example is the worst when it comes to taxes
Comment from : PeisaaZz


Scary Talz
5:00
Comment from : Scary Talz


sting like a bee
im still abit confused on tax depreciation
Comment from : sting like a bee


M Ateeb Ur Rahman
Depreciation is confusing
Comment from : M Ateeb Ur Rahman


wowww ck
I need 1 million euro please brKind regards
Comment from : wowww ck


Njideka Emeruem
Thanks for this Robert 😊learning one day at a time
Comment from : Njideka Emeruem


cadillacman
Easier said than done
Comment from : cadillacman


Dropbooks
How come depreciation does not come out of your pocket when you bought that asset?
Comment from : Dropbooks


明良 林
these are too many tax laws in different countries
Comment from : 明良 林


Joshua Igbedioh
damn guy the rich are really getting richer day after day😂
Comment from : Joshua Igbedioh


Ben Chesterman
Taxes suck in Australia dutiies " gst " excise taxes
Comment from : Ben Chesterman


Ben Chesterman
You pay taxes a consumer idiot , you can't avoid taxes a franchise or independent owner
Comment from : Ben Chesterman


vibhav rastogi
🙏🙏🌹🌹
Comment from : vibhav rastogi


martina castillo
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


Michelle
Thank you for the knowledge 🙏
Comment from : Michelle


Jordan S
lol at the token millennial just standing there
Comment from : Jordan S


The-Humble-Trader
What about the interest rate that you have to pay to the bank for the debt?
Comment from : The-Humble-Trader


Kei Journeys
What does the tax deduction include?br1 Goods and Services tax?br2 Income tax?
Comment from : Kei Journeys


Ben Johansson
Swedes Pay lots of Tax yet they live Very Well and produce more Billionaires per capita than the USA
Comment from : Ben Johansson


Olivia Stone
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


XTRMETVBOX LLC
Thank you 144000
Comment from : XTRMETVBOX LLC


Ash Wynn
I need to see the beginning to understand fully Where can I find it?
Comment from : Ash Wynn


Nastja S1
where to get this kind of "debt" in Vienna?
Comment from : Nastja S1


Nastja S1
and where to get that kind of debt in Vienna?
Comment from : Nastja S1


the bearded plumber
Have debt and make money, yesss
Comment from : the bearded plumber


Alfonso Betancur
Good information!👍
Comment from : Alfonso Betancur


Savings Minus Debt
Capitalism is psychological People are the taxes
Comment from : Savings Minus Debt


Savings Minus Debt
I can't tell who's the tax expert here Tom doesn't sound too confident
Comment from : Savings Minus Debt


AnibalTV
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


Frankie Figz
I own property and I don't get this am I just stupid
Comment from : Frankie Figz


V S
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


Right
b⬆️🆙No’one gets account funded perfectly than🆙legendary/b
Comment from : Right


Kyle Alldredge
“A penny saved its a penny earned”
Comment from : Kyle Alldredge


👉LAMO081 ON INSTAGRAM👈
bThought all hope was lost till I found👆⬆️thanks for saving me man/b
Comment from : 👉LAMO081 ON INSTAGRAM👈


Lamo081 on Instagram👇💪
b👆Now! Y’all won’t believe I got help from ⬆️⬆️🆙dude funded my account in few hours/b
Comment from : Lamo081 on Instagram👇💪


Luke Starre
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


martina flanagan
one thing I dont understand is why is this tax free Dont landlords have to pay taxes
Comment from : martina flanagan


Joe Gage
She's so cute btw I forgot about the subject and why I'm here
Comment from : Joe Gage


Wonder Women Comics
I really really love this episode Thank you 😊
Comment from : Wonder Women Comics


George Joseph
Does the debt / depreciation example still work as interest rates go up?
Comment from : George Joseph


Harrison Bernard
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


Zack Azariel
I have to say it, these 2 are mad mans
Comment from : Zack Azariel


Johnny Esmond
ron paul : taxation is theft
Comment from : Johnny Esmond


vijay sanjay
0:23
Comment from : vijay sanjay


Junior Leong
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


Started Now we are here
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


Started Now we are here
can you explain how to register as a "I"?
Comment from : Started Now we are here


Michael Curtis
I’m so confused lol Need to watch this a few times
Comment from : Michael Curtis


CL L
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


Started Now we are here
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


Started Now we are here
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


AFU
Aahahahaa The Rich Dad channel brbrHmmm
Comment from : AFU


Rinaldi Rahardja
And this, is the beginning of inflations LOL
Comment from : Rinaldi Rahardja


ThisLife
Is this avoiding completely all the taxes? Or we just delayed them?
Comment from : ThisLife


Life is a Show
How do you get tax free again? Sorry I don’t quite understand can someone please explain :S
Comment from : Life is a Show


Pratik Mehta
Not only only long little bit tricky for me😅
Comment from : Pratik Mehta


Akash Jibodh
Wow this is Amazing! Is it the same for freelance? I try to figure everything out
Comment from : Akash Jibodh


FreeCamgirls Com
Great sharing:) It is really inspiring It would be awesome to share the same for non US citizens actually
Comment from : FreeCamgirls Com


NN
But he still pays property taxes right? So?
Comment from : NN


Hleniwe Funeka
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


ShiftNova
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


Jamar Parker
Anh hát bằng cả trái tim bảo sao mà cứ ngọt lịm như vậy Bài nào cũng cảm xúc luôn
Comment from : Jamar Parker


Team Sara Ali Khan
U can’t avoid taxes legally unless u r a business man! 😄
Comment from : Team Sara Ali Khan


HarviDude
Depreciation’s the key to unlock the door
Comment from : HarviDude


jason ross
Intrest is the tax paid on debt Debt free is the best plan for me
Comment from : jason ross


C Ryder
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


kravenofspider
How is this a really long clip?
Comment from : kravenofspider


Cali cartel
But doesnt debt have apr onit (intrest) so youll be paying extra money on tge money you have borrowed
Comment from : Cali cartel


Soojin Sou
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


Noham
“Oh my gosh, don’t worry I’m still here”… no one was worried about that LOL
Comment from : Noham


John Dillinger
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


I don’t know what am doing
I like how she says taxes
Comment from : I don’t know what am doing


Joe Puente
the guy in blue looks like a lizard
Comment from : Joe Puente


Case E Solved
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


Ramzy Benamar
Can this also be applied in Spain ?
Comment from : Ramzy Benamar


SS Infinity (Shlok Sigtia)
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)


N
2:13
Comment from : N


Bad Jaeaux
that piece of paper can sell forbra million bucks or more in thebrnear future becoz of Robert K
Comment from : Bad Jaeaux


Jermaine Murphy
so if a buy a house which is a liability, i rent it out how do i lower my taxes?
Comment from : Jermaine Murphy


Andy Liu
Is it principle still work and will work in coming new years and for how long please?
Comment from : Andy Liu


Super Star
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


Helen Rivera
What type of education/school can you learn this stuff?
Comment from : Helen Rivera


Sword and Gun
Tom Wheelwright is Smart
Comment from : Sword and Gun


Loobeng Guano
I thought self-employees or 1099 pay 153? That's what my research is showing
Comment from : Loobeng Guano


Amadou Tidiane Wone Junior
But what does Robert mean when he's talking about "good" debt ?
Comment from : Amadou Tidiane Wone Junior


MegaMissfitz
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


El Pablito Rodriguez Harrera
Why are you not a billionaire?
Comment from : El Pablito Rodriguez Harrera


The Findlay Mortgage Team
Awesome topic to be discussing right now
Comment from : The Findlay Mortgage Team



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