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Updated almost 10 years ago on . Most recent reply

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66
Posts
23
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Nathan Astrup
  • Cleveland, OH
23
Votes |
66
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Question after reading Rich Dad Poor Dad.

Nathan Astrup
  • Cleveland, OH
Posted

So I just finished reading Rich Dad Poor Dad. 

I know, a little later, but I just got around to it. I read it in one sitting. Great book.

Robert talks a lot about forming corporations for the tax benefits.

He doesn't go into much depth though. 

Can anyone tell me a little bit more in depth about how they use corporations in their RE business to shelter them from taxes? Any input on formation, setting up, and any other information would be great!

Most Popular Reply

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5,028
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2,573
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Curt Davis
  • Flipper/Rehabber
  • Memphis, TN
2,573
Votes |
5,028
Posts
Curt Davis
  • Flipper/Rehabber
  • Memphis, TN
Replied

Most of those strategies are not really for the new investor.  In all reality I would not read anymore of his books as he has been proven to be a scam. Check this article out for proof. 

  • Curt Davis

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