Tue, 21 May 2019
Jason Hartman and Adam start today's show answering a listener question about the value of local real estate investor associations. Jason has some dueling thoughts on the matter, and explains why you need to be wary when joining one.
Then Jason talks with Kelly Alexander, founder of Great American Tax Remedy, about how Kelly has been able to avoid paying Federal income tax since 2014. Kelly's method hasn't had to hold up against an IRS audit, but she's confident that what she's doing is completely legal and can help anyone out.
[4:47] Jason's thoughts on real estate investor organizations
[9:26] Do not fall for the "flavor of the month" or "get rich quick" schemes that you'll hear at some meetings
Kelly Alexander Interview:
[13:40] How Kelly's tax plan to avoid income taxes works
[17:17] Who else is using Kelly's technique?
[18:38] What Kelly does when she gets paid in order to avoid income tax
[28:36] How to report your income on your taxes under Kelly's format
[38:48] Why Kelly's strategy works for both state and federal taxes