Not all income is created equal.  One of the three or four ways you can actually do tax planning is to control what type of income you get.  The simplest example of that would be to buy an investment and hold it for a year so that the profit you earn upon selling the investment would be long term capital gains income instead of short term income. 

There are many ways you can change the type of income you are getting.  Most real estate income is from rents, so it is “passive income.”  There are a lot of rules about passive income and particularly passive losses.

I know a lot of real estate owners who are getting hundreds of thousands of dollars a year in income from their rentals, and yet, they don’t pay a dime in taxes.  How do they do that?  If I have passive losses in income, how do I use those losses to cut my taxes and stop paying the IRS a fortune?

I have just put out a YouTube video with Ben Rucker, who is a former special auditor for the IRS.  He and I discuss how to use passive losses and basically how to get the best tax result if you have passive income and/or losses.  View it here.

Ben and I actually do my two day boot camp together.  It is rare to be able to spend two days with an asset protection attorney and tax expert.  We can not only show you how to avoid audits and IRS issues, we can protect your assets – any assets – and show you how to make more money.  People are totally blown away by their boot camp experience.

We do one-on-one interaction with the attendees, so we limit the attendance to a maximum of 12 couples.  You can attend alone or bring your spouse, your CPA, attorney, or any other person you want.  Well, you don’t actually bring anybody anywhere.  This boot camp is April 23 and 24, 2021.  It is virtual.  That’s good, because if you sign up early your discounted cost is only $1,499.  HOWEVER, if you sign up by March 19^th, you’ll get a 50% discount.  That’s the early bird special even below the discounted price. 

Virtual is great, because you can stay home and we promise not to breathe into the microphone and spread COVID-19 to you.  You also save all the travel costs.  The cost savings to you are well over 70% of what a live boot camp would normally cost.  Remember, only 12 can be accommodated, and we are almost half full now, so don’t wait. 

Check out the YouTube and sign up immediately for the boot camp.  We’re excited to have another boot camp, even if it is virtual.  We encourage you to keep your video on and interact as we go along.  It’s fun and profitable.