How To Create A Million Dollar Net Worth In Ten Years or Less
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 […]
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 […]
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 […]
Way back in the summer of 1998 I set this crazy goal of buying 10 income properties in 10 years or less. It was a gnarly goal at the time. In a nutshell… I had a negative $45,000 net worth. I was living in a crappy studio with my girlfriend. I was self-employed and banks […]
