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73: Tom Wheelwright | New Tax Changes Affect Real Estate Investors | WealthAbility™ for CPAs

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#73: Rich Dad Advisor Tom Wheelwright actually makes taxes fun! Tom advises us here in tax season about tax changes, presidential candidates’ tax plans, 1031 Exchange, RE Professional designation. Want more wealth? Visit GetRichEducation.com and 1) Subscribe to our free newsletter, and 2) Receive Turnkey RE webinar opportunities. Listen to this week’s show and learn: 01:20  To have something different, you need to do something different. 01:39  The five ways your paid as a real estate investor. 05:54  Tom Wheelwright interview begins. 07:02  Every RE Investor should know about the Section 179 and 263 deductions because we can make more write-offs in one year, instead of over a number of years. 11:07  What you can do if you’re about to acquire property for the best tax advantages. 13:02  Is the 1031 Exchange going to disappear? Social Security tax cap. 16:15  The Carried Interest Rule. 18:30  Presidential candidates’ tax proposals and promises. 24:25  A flat tax hurts RE investors. 24:50  Ordinary Income Tax r