The $0 tax strategy that Billionaires keep secret 🤫

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  • เผยแพร่เมื่อ 31 ก.ค. 2024
  • Elon Musk And Jeff Bezos are some of the world's wealthiest people. This is how they avoid taxes - and why you should do the same.
    You might not know it but our tax system is designed to encourage this type of tax optimization. While billionaires do these wealth building strategies on a large scale. You too can use the same wealth building system they use to develop more income streams through rental properties, business investments and real estate.
    What's really scary is how few people are taking advantage of these incentives. Anyone can follow their path. Build your income streams, build your assets, and stay in contact with the personal finance community to better your own situation.
    Please let me know if you liked this video and if you want more like this.
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    Chapters:
    0:00 - The silent hack billionaires use to avoid taxes
    0:47 - Splitting this video into 2 parts
    1:06 - Part 1 - How Elon & Bezos avoid taxes
    3:58 - Part 2 - How you can take advantage of this hack
    6:07 - ⚠️ Don't forget to do this!
    7:28 - The best way to master wealth
    Music:
    bensound.org
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    *We may earn a commission if you buy any products or services via the links in this video's description. This video is not investment, financial, or legal advice. It may be incorrect, outdated, inaccurate, or reflect personal opinions. This video is for entertainment purposes only.
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ความคิดเห็น • 3

  • @MoneyWithMark69
    @MoneyWithMark69  2 ปีที่แล้ว +1

    And if you want to start building your wealth and invest in the stock market try WealthSimple - it's the easiest way to get started investing in my opinion. Get 2 free stocks here: www.moneywithmark.ca/go/wealthsimpletrade/

  • @curbystylz
    @curbystylz 2 ปีที่แล้ว +1

    Is there a minimum amount of cash you need to be making in your business venture to be able to take advantage of expensing business costs?

    • @MoneyWithMark69
      @MoneyWithMark69  2 ปีที่แล้ว

      Nope!! But there is a limit where you have to bring in more than $0 eventually (I think it’s in your second year)