Yes. They work with private bankers to secure better interest loans. They may be higher than they were previously, but we can do some math. If we''re putting in 200,000, but instead of making $150,000 a year, we're making $100,000 a year. It still takes two years. By year 3, we'll be making money. And in a few years when interest rates are lower, we'll refinance again to a lower rate. And in the meantime, instead of having $2,000,000 locked up. I only have $200,000 locked up. I can go use that $1,800,000 for something else. They all play on risk. But here's the kicker with taxes - if you lose money, you can write off for multiple years against your income. Knowing and having great CPAs is something that the rich can afford.
Does this still apply now interest rates are considerable?
Yes. They work with private bankers to secure better interest loans. They may be higher than they were previously, but we can do some math.
If we''re putting in 200,000, but instead of making $150,000 a year, we're making $100,000 a year. It still takes two years. By year 3, we'll be making money.
And in a few years when interest rates are lower, we'll refinance again to a lower rate.
And in the meantime, instead of having $2,000,000 locked up. I only have $200,000 locked up. I can go use that $1,800,000 for something else.
They all play on risk. But here's the kicker with taxes - if you lose money, you can write off for multiple years against your income.
Knowing and having great CPAs is something that the rich can afford.
Genious
Thank you!