Oct 2 (edited) in Tax
Pace Morby uses the HENRY method too!
You guys need to watch this video. He makes
1. Income from wholesaling and flipping
2. Invests into real estate to avoid taxes completely
3. Reinvests profits back into his business
That’s the HENRY METHOD!
The only difference between what Pace does and what I do, is that our INCOME step is different. He makes millions of dollars from wholesaling and flipping, but most of you already have a high income.
The income source can come from whatever - it doesn't need to be flipping/wholesaling - but it needs to come from somewhere.
The common area between me and pace is steps 2 and 3. You need to buy and hold real estate if you want that benefit of paying less taxes and re-investing those tax savings.
Pro tip: Watch it on 1.25x speed
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5 comments
Michael Hyun
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Pace Morby uses the HENRY method too!
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