354: Rents Are Skyrocketing, Tom Wheelwright on Biden Taxes

Rents are shooting up in many metros, including GRE cities. Cyclically, housing prices shoot up first. Rent raises follow. Inflation is hot: CPI is up 5.4%, PPI up 7.3%. Tom Wheelwright, CPA of Wealthability joins us. Topics: Will income tax and capital gains tax increase? The 1031 Exchange is at risk! How to contest your property taxes. Involving your children in your business for tax breaks. A more active tax audit climate. This is Tom's record 20th GRE appearance. Resources mentioned: Show Notes: www.GetRichEducation.com/354 Tom Wheelwright's network: Wealthability.com Get mortgage loans for investment property: RidgeLendingGroup.com JWB's available Florida income property: www.CashFlowAndGrowth.com eQRPs: text "EQRP" in ALL CAPS to 72000 or: eQRP.co By texting "EQRP" to 72000 and opting in, you will receive periodic marketing messages from eQRP Co. Message & data rates may apply. Reply "STOP" to cancel. Best Financial Education: GetRichEducation.com Get our free, wealth-building "Don't Quit Your Daydream Letter": www.GetRichEducation.com/Letter Top Properties & Providers: GREturnkey.com Follow us on Instagram: @getricheducation Keith's personal Instagram: @keithweinhold

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This episode was published on July 19, 2021.

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