COVID-19 just about knocked everyone off their heels. The economy is all but shut down and the stock market crashed. With so much uncertainty ahead, it can be hard to stay financially sane. At this point in time, I’m not a financial adviser so I can’t tell you what to do with your money, but…
DetailsIn this post, I’m going to outline a powerful strategy I’ve seen many of our clients at The Real Estate CPA use to build substantial wealth while paying as little taxes as possible. Before we get started, it is important to note that this strategy may not be the right strategy for everyone. It also…
DetailsAs my 28th birthday passes, and my 10 year high school reunion is around the corner, I’m starting to reflect on where I am now and how far I still have to go to realize my dreams. While I’m certainly in a good position, I wonder, why am I not living the life I want…
DetailsThomas J Stanley discusses two types of wealthy people in his best selling book The Millionaire Mind. Those who are Income Statement Affluent and those who are Balance Sheet Affluent. Robert Kiyosaki also discusses a similar concept in his book Rich Dad’s Cash Flow Quadrant. Except, he divides people into four categories: Employees, Self-Employed, Business Owners, and Investors. To draw a…
DetailsIf want to build wealth, the type of assets you purchase will play a major role in your success. Appreciating assets help you build wealth, and depreciating assets can prevent or slow your ability to build wealth. Today we will discuss the differences so you can make smart choices on your path to prosperity. Appreciating…
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