One of the most tax efficient ways to build your wealth

[Melanie Baldridge]

Too many entrepreneurs make good money each year but pay Uncle Sam 35-50% of it.

It takes a long time to build a massive wealth snowball when 1/3 to 1/2 of your snow gets chopped off each year.

Real estate can help with this.

The best model I've seen is:

1. Earn cashflow from entrepreneurship.

2. Buy real estate as a "real estate professional."

3. Book losses through bonus depreciation.

4. End up with all cash and little to no tax.

Your wealth snowball ends up a lot larger 10 years down the road when you make and keep your money in a more tax efficient way.

[Sang Ji]

Thank you so much for the clarification Sean!!