In the last post we discussed the importance of knowing your WHY. This concept is so important that I’m going to share my origin story. It is not as epic as Iron Man. I didn’t gain superpowers, unless you think my ten properties in ten years is superhuman. Maybe…just maybe..it will inspire you to buy, […]
Breaking Free From Big Brother Part 3: What’s Your Why?
On the last post, we discussed the tax benefits of passive income versus active income as applied to earning a $50,000 salary at your day job versus earning the same amount through real estate as a real estate professional. By ditching the commute to the cubicle, Passive Pia’s take home pay was 24% higher than […]
Breaking Free From Big Brother Part 2: The Story of Paycheck Pete And Passive Pia
In 2013, the media went nuts when the third richest person in the world (April 2016) stated that his secretary was in a higher tax bracket than him. Wowza… How on earth could Warren Buffet say such a thing? Clearly, he must be a tax cheat. I bet he has some off shore bank accounts […]
Breaking Free From Big Brother: The Active Income Trap
In 1984, Apple rocked the establishment with the introduction of the Macintosh computer. It changed the entire PC industry and in my opinion, marked the fall of IBM. In the Super Bowl commercial, Big Brother (from George Orwell’s dystopian novel) is IBM and Apple is the agent of change that finally frees the people […]