On this episode of Texas Real Estate & Finance Podcast, host Mike Mills is joined by CPA Ryan Bakke to discuss the two main pillars of success in business, the tax benefits of investing in real estate, and using debt, inflation, and taxes to achieve extreme wealth. They also touch on finding the highest and best use of time by outsourcing tasks and the benefits of setting up a separate bank account for business finances. The speaker provides insight into purchasing property in Texas using an FHA loan and using a rental property calculator to break down how money is made. Tune in to learn more about these important topics and principles in the world of real estate and finance.
value, authority, tips, transfer of authority, credibility, profession, accounting, finance, real estate, tax benefits, tax code, business owners, investors, Dave Ramsey, debt, income-producing assets, retirement accounts, inflation, hourly worth, outsourcing, Genius Zone, FHA loan, conventional loan, self-employment tax, LLC, S Corporation, down payment, appreciation, ROI, rental property, mortgage insurance, equity, law of reciprocity, Olive Garden, real estate market.
