Taxes advice needed please?

[Tamka Brown]

Hi Bigger Pockets Fam,

I was listening to Grant Cardone  youtube channel on how to turn taxes into income this morning and something stood out to me. He mentioned multiple ways to save on taxes but one thing he said that can really help us as investors on saving money on taxes and definitely assure investors keep most or all of our money around tax time is by joining a multi networking company. Is anyone apart of any and if so can you share which ones?  These businesses have various tax advantages over ordinary employees. In the words of Robert  kiyosaki“ It’s not about how much money you make, it’s about how much money you keep!

[Fulton Sanchez]

@Shawn C., how are you? For the S Corp you can only deduct the expenses related to the business and report the income received. Corporations don't have personal exemptions like individuals do.