Feb 22, 2021
They say there are two things in life that are unavoidable - death and taxes. But do you know the two things that will take most of your cash? Taxes and --- Inflation. In a moment I’m going to share with you the basic rules to the Game of Money. And then we are going to talk with someone who can help us with Rule number 2.
There are three basic rules to the Money Game:
- Create
- Keep
- Protect.
Your winning strategy involves keeping your money moving with as little tax liability as legally possible. For that you are going to need an accountant who KNOWS what they are doing.
Will Tomasello is joining us. He is a partner in a large accounting firm in Atlanta, huge real estate investor with commercial and residential portfolios, licensed to practice before the IRS and is by one of the most knowledgeable tax strategists I’ve ever met. We are going to talk frankly about why you need an accountant, what you might be missing by not having one, and why you need one who knows real estate.
How to contact us
www.RogerBlankenship.com. Leave a voicemail right from the home page!
Facebook.com/flippingamericamedia
Twitter and Instagram @FlippingAmerica
Call our National Comment Line: 877-55-ROGER (877-557-6437) ext 1. Leave your message or your question.
Email your questions to questions@flippingamerica.net. Please always tell us where you are from. We like to know where the show is being heard. And let us know how you found out about us if you don’t mind.
Sponsors
American IRA: www.americanIRA.com
Announcements:
- We don’t encourage you to drop what you are doing and start flipping houses like you see on TV. But we do encourage everyone to consider real estate as a part of a balanced investment portfolio. To that end, we aim to bring you the best information, instruction, and inspiration - the latest tech as well as the latest techniques, methods, asset classes, processes, statistics, demographics, up-to-date real estate news and whatever else we think will help you make a good decision about your personal relationship with real estate.
News:
- Lumber prices up! Plan for it. And Plan for more. https://www.cnbc.com/2021/02/10/lumber-prices-skyrocket-pushing-up-housing-costs.html
- Bank of America is tripling their commitment to affordable housing. $15B for 60,000 home buyers. . https://www.cnbc.com/video/2021/02/03/bank-of-america-on-its-15b-commitment-to-triple-affordable-homeownership.html
- You’d think people would sell in a seller’s market. https://www.wcjb.com/2021/02/04/2021-housing-market-trends-real-estate-experts-say-to-buy-refinance-now/
Questions
Motivational Quote:
“The same boiling water that softens the potato hardens the egg. It’s what you’re made of. Not the circumstances.” – Unknown