Matt Bontrager, my partner at TrueBooks CPA, came on the show to talk about some of the new tax proposals that President Biden is making. Need Tax and Accounting help? Contact my CPA Firm! https://TrueBooksCPA.com/_____________________________________________________Download my book, RAISE+ Planner, real estate contracts, and newsletter for FREE. Also check out all my courses and programs. https://ryanpineda.comGo Subscribe to my main channel "Ryan Pineda". https://www.youtube.com/c/ryanpinedaText Me: 1-702-297-6328I communicate directly with you! Exclusive content and giveaways.Join one of my coaching programs! Apply at https://futureflipper.comWant to get the best off market real estate deals? Use BatchLeads for your marketing!Promo Code: HOMERUN for half off your first month. https://bit.ly/2E3LbtYNeed Tax and Accounting help? Contact my CPA Firm! https://TrueBooksCPA.com/Are you a Realtor in Las Vegas, NV? Join my Brokerage! https://ForeverHomeLV.com/Follow me on Social Media: https://www.instagram.com/ryanpinedashowhttps://www.tiktok.com/@ryanpineda______________________________________________________Subscribe to Matt Bontrager:https://youtube.com/channel/UC_4KPHIGAj7bJebOpUDvyvgThe first proposal is changing the top tax rate from 37% to 39.6%. There is a proposal for capital gains as well— Matt and I talk about what this means and what a lot of wealthy people will probably do in a situation like this. Matt and I talk about the possible changes in child tax credit. Matt details exactly what this means. We also talk about the 1031 exchange and what Biden’s proposal could mean for the working class as well as the wealthy. real estate,house flipper,cash flow,financial freedom,entrepreneur,future flipper,real estate podcast,the iced coffee hour,joe rogan podcast,dave ramsey show,rental properties,passive income,flip houses,wholesale real estate,ryan pineda,graham stephan,andrei jikh,bigger pockets,grant cardone,joe biden tax plan,joe biden 1031,joe biden tax proposals,joe biden tax 2021,joe biden real estate,taxes 2021,real estate tax 2021, joe bidens tax proposals explained