Per Avery Carl's book "Short Term Rental, Long Term Wealth," I plan to set up the following bank accounts:Set Up Revenue Bank Account (22%)Set Up Taxes Bank Account (30%)Set Up CapEx Bank Account (3%)Set Up Cash Reserves.

Wealthy people pay very little in strict Income Tax.

Sure, I miss on some extra returns but I can focus on my career and boost my income while also growing my wealth. I

And my salary is not high at all, I barely make ends meet and cover the rest of expenses with HELOC (and still own all this houses and look *wealthy* on paper, LOL).But I feel very lucky to have a job in this economy in this area.

I would think they in theory would encourage this but know that the wealthy generally own the RE in SF and would likely lobby against the "forcing" of landlords to comply to policies increasing density in their properties.2) For what @Bruce Woodruff mentions above.

Wealth is a person's ability to survive so many number of days forward- or if I stopped working today, how long could I survive.

It discusses the mindsets that people have that are poor, middle class, and wealthy.  

Getting wealthy takes time.

I am in no way Brandon or Josh but I based on that "time worth" logic quite a few of you guys would have said NO to them when they weren't wealthy right.

Hi, Kate,"Investing" and "debt free" are pretty much diametric opposites unless you are independently wealthy.