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In this episode we ask:
- Who is Tom Wheelwright?
- Have you read his book, Tax Free Wealth?
- Would you like to hear his podcast?
- What was Tom’s childhood like?
- Where did Tom first learn about money?
- What was one of Tom’s first jobs?
- What did Tom learn about rental property?
- With whom does Tom work?
- What does Tom’s CPA network look like?
- What does Tom love about tax education?
- How did Tom’s relationship start with Robert Kiyosaki?
- Where do Tom and Robert travel together?
- What about the tax law around the world?
- How is the tax law a series of incentives?
- What is Tom’s paradigm of taxes?
- How long is the tax law in the U.S.?
- Is all income taxable?
- Is anything deductible?
- What is the majority of the tax law?
- What’s the history?
- What about incentivizing the free market?
- What about tax credits?
- What about depreciation?
- What about tax credits for sending your kid to college?
- What about tax deductions for buying a house?
- What do most countries have in common?
- What’s fun about taxes?
- How does one make more money when they follow the tax law?
- What about electric cars?
- Is the free market the best place to build infrastructure?
- What about the cash flow quadrant?
- What about tax incentives?
- Have you read Cash Flow Quadrant by Robert Kiyosaki?
- Are you an employee?
- Are you self employed or a small business owner?
- Are you a big business owner?
- Are you an investor?
- What about Trump paying $750 in taxes?
- What about debt and real estate?
- Do you have to be big to get the benefits of the big business?
- Can an employee enjoy the tax benefits of an investor?
- What about the Wall Street trap?
- What about “retail” investments?
- What about “wholesale” investments?
- What about private equity?
- Is this available to anyone outside of the 1%?
- What about “factory-direct” investments?
- What’s on the horizon for real estate?
- What’s on the horizon for tax law?
- Are taxes going down?
- What’s likely to happen?
- What about incentives toward clean energy?
- Where is policy headed?
- What was one of the best real estate deals ever?
- Are you looking at cash flow?
- What is the simple analysis of any deal?
- What will happen to the size of government?
- What opportunities come with government expansion?
- What about the pandemic?
- What about office space and other commercial real estate?
- What is Tom doing differently in their office?
- How many streams of tax-free income can Tom and Mark think up?
- What about Roth IRAs?
- What about HSAs?
- What about depreciation on rental real estate?
- What about a 1031 exchange?
- What about reverse mortgages?
- What about life insurance?
- What about a business?
- What is the only thing you can cash out of tax free?
- How can you combine a business with real estate?
- What about clean energy?
- What about oil and gas?
- What runs out? What wears out?
- What about renewable energy?
- Would you like to hear the Wealthability show?
- Would you like to read Tom’s book, Tax-Free Wealth?
- Would you like to visit wealthability.com?
- Would you like to join the NEW Not Your Average Financial Community?
Tom Wheelwright is a CPA, CEO of WealthAbility®, Best-Selling Author of “Tax-Free Wealth”, Owner and Active CPA for Wheelwright Manahan, Speaker, and Host of 2 popular podcasts, including The WealthAbility® for CPAs Show. Wheelwright advises CPAs, accounting professionals, small business owners, entrepreneurs, and investors how to permanently and legally reduce their taxes by 10-40%. Previously, Wheelwright was a Manager in the National Tax Office of Ernst and Young, an Adjunct Professor in the Masters of Tax Program at Arizona State University for 14 years, and a Fortune 500 in-house tax advisor and tax lobbyist.