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Updated about 5 years ago on . Most recent reply

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Mike B.
9
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51
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CPA - Tax strategy and how to pay little taxes

Mike B.
Posted

Ive been reading into the Robert  kiyosaki / Tom Wheelwright Podcast lately and i'm intrigued into being able to convert business income to passive income and potentially  paying as little taxes as possible , I wont go as far as to say Zero taxes like they do but that would be nice . Any recommendations ,  I've heard they are charging from 7-15 k just to talk to you and some panning , not including doing the Tax return .  

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Natalie Kolodij
  • Tax Strategist| National Tax Educator| Accepting New Clients
4,448
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Natalie Kolodij
  • Tax Strategist| National Tax Educator| Accepting New Clients
ModeratorReplied

Ya- Turns out  that knowledgeable is very valuable. 

Working with a good tax professional will get you there. Make sure they specialize in REI if that's what you're doing.

It's hard to hit $0 in tax as a w2 employee without 1 person qualifying for RE pro or staying in a fairly lean earning bracket. 

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Kolodij Tax & Consulting

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