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209: You’re Being Taxed To Death with Kristin Tate

209: You’re Being Taxed To Death with Kristin Tate

FromGet Rich Education


209: You’re Being Taxed To Death with Kristin Tate

FromGet Rich Education

ratings:
Length:
53 minutes
Released:
Oct 8, 2018
Format:
Podcast episode

Description

#209: You’re getting taxed in sneaky ways - both everywhere you look, and also where you DON’T look. Americans spend more on taxes than housing, food and clothing costs combined. Real estate has the best tax shelters - tax-deferred exchanges, rent income exempt from Social Security and Medicare tax, and tax depreciation sheltering more of your rent income. Today’s guest, FOX News and CNN TV Contributor Kristin Tate, uncovers hidden taxes that you don’t even know that you’re paying. Stealthy taxes are killing you. They’re often disguised as fees, licenses, and surcharges. Once citizens pay a new tax, they get used to it, and just keep paying it. Housing taxes, transportation taxes, utility taxes are often hidden. You learn where. Your tax revenue often goes to a “general fund”, not where it “should”. Graduated Tax vs. Regressive Tax - definition, relevance. Sin taxes. We discuss what you can do to beat excessive taxation. Kristin’s book, “How Do I Tax Thee” is on Amazon. I bring you today’s show from Locarno, Switzerland. __________________ Want more wealth? 1) Grab my free E-book and Newsletter at: GetRichEducation.com/Book 2) Actionable turnkey real estate investing opportunity: GREturnkey.com 3) Read my best-selling paperback: getbook.at/7moneymyths __________________ Listen to this week’s show and learn: 02:24 Real estate has the best tax shelters. 06:01 Venice, Italy. 10:02 Don’t cheat on your taxes. 11:03 Investing in cash-flowing Chicagoland and Tampa Bay. 14:56 “Read my lips. No new taxes.” 16:29 Kristin Tate interview begins. 19:10 Stealthy taxes. 20:50 Once citizens pay a new tax, they get used to paying it. 22:20 Housing, transportation, utility taxes. 28:03 Your tax revenue often goes to a “general fund”, not where it “should”. 36:19 Graduated vs. Regressive tax. 42:13 Sin taxes. 45:27 What you can do. 49:11 Famous quotes about taxes. Resources mentioned: Book: “How Do I Tax Thee?” KristinBTate.com GetRichEducation.com/Chicago GetRichEducation.com/Tampa Mortgage Loans: RidgeLendingGroup.com Cash Flow Banking: ProducersWealth.com Turnkey RE: NoradaRealEstate.com QRP: TotalControlFinancial.com Find Properties: GREturnkey.com GRE Book: GetRichEducation.com/Book
Released:
Oct 8, 2018
Format:
Podcast episode

Titles in the series (100)

This show has created more financial freedom for busy people like you than nearly any show in the world. Wealthy people's money either starts out or ends up in real estate. But you can't lose your time. Without being a landlord or flipper, you learn about strategic passive real estate investing to create wealth for yourself. I'm Show Host Keith Weinhold. I also serve on the Forbes Real Estate Council and write for Forbes. I serve you ACTIONABLE content for cash flow on a platter. Our bottom line in real estate investing together is: “What’s your Return On Time?” Where traditional personal finance merely helps you avoid losing, you learn how to WIN. Why live below your means when you can expand your means? Since 2002, international real estate investor Keith Weinhold owns multifamily apartment buildings to single family homes to agricultural real estate. New episodes are delivered every Monday.