Rihanna's Cashflow generates financial freedom: An illusion?
These are the topics I present to you in this publication:
1. How Tiger Woods takes control of his financial reality
2. How Larry Page faces real estate devaluation
3. Rihanna's Cashflow generates financial freedom: An illusion?
4. Discover how David Letterman takes advantage of deferred taxes
5. Do you know Warren Buffett's most famous quotes?
1 - How Tiger Woods takes control of his financial reality
Tiger Woods: American professional golfer. He is tied for first place in victories on the PGA Tour. He is widely regarded as one of the greatest golfers of all time and one of the most famous athletes in modern history.
Net worth: $1.1 Billion (2023)
There are two principles to consider when thinking about reducing your taxes:
"every dollar you earn can increase them, and every dollar you spend can reduce them".
Before making any investment or business deal, you need to know the impact it will have on your taxes because they will be affected for better or worse.
Focus on actions that have a positive impact on your taxes, only then, will you take control and be able to change your financial reality.
Seek advice from experts who can help you make the best decisions to maximize your income and increase your wealth.
2 - How Larry Page faces real estate devaluation
Lawrence Edward Page: A billionaire business magnate, computer scientist and American internet entrepreneur, primarily known as the co-founder of Google.
Net worth: $99.3 Billion
Tax-deductible depreciation in real estate investment is a mechanism that allows property owners to deduct the wear and tear of their properties on their tax returns.
This practice offers significant benefits by reducing the tax burden and improving cash flows. By properly leveraging tax-deductible depreciation, investors can strengthen their financial position and increase the profitability of their real estate investments.
3 - Rihanna's Cashflow generates financial freedom: An illusion?
Rihanna: One of the most commercially successful artists of all time, with 60 million albums and 215 million digital songs sold.
Her wealth is primarily attributed to the success of her cosmetics company, of which she is a co-owner alongside the French luxury conglomerate LVMH.
Net worth: $1.4 Billion (2023)
Positive cashflow is the engine that drives the path to maximum income and financial freedom. Achieving financial stability involves having enough cashflow to cover all expenses, allowing a life without the need to work.
However, reaching this goal is not easy. It requires discipline, financial education, and making intelligent investment decisions. One must have an abundance mindset and be willing to take calculated risks.
With a strategic focus on increasing income and controlling expenses, it is possible to achieve Financial Freedom and enjoy a life without economic limitations.
4 - Discover how David Letterman takes advantage of deferred taxes
David Letterman. He is the host of the longest-running late-night talk shows in the history of American television. In 2002, The Late Show with David Letterman was ranked as the seventh greatest TV show of all time by TV Guide.
Net worth: $450 million.
Taking advantage of tax-deferred retirement accounts allows you to save and invest for your future with tax benefits, such as:
1. Deducting contributions from your adjusted gross income if you contribute to a retirement plan, thus reducing your taxable base.
2. Not paying taxes on capital gains, dividends, or interest generated by your investments until you withdraw the money in the future.
3. Paying fewer taxes when you withdraw the money since you are likely to be in a lower tax bracket than when you were working.
These are just some of the tax advantages of saving for retirement in the U.S. Consult with your expert tax advisor and make the most of the benefits offered by tax laws!
5 - Do you know Warren Buffett's most famous quotes?
Warren Buffett: An American investor and entrepreneur, considered one of the greatest investors in the world. He is also the largest shareholder, chairman, and CEO of Berkshire Hathaway.
His famous quotes about investing, life, and success have become iconic for future generations. Here are three of his most famous quotes:
"The price is what you pay, the value is what you get."
"It takes 20 years to build a reputation and five minutes to ruin it."
"Rule number one: Never lose money. Rule number two: Never forget rule number one."
Did you know you can pay 0 taxes in the U.S. with 30 days of free accounting?
Let’s pay 0 taxes!
Antonio Coa, CPA
Tax Specialist &
Accredited Investor
Antonio Coa, LLC
Whatsapp: (561) 814-4558
Antonio@AntonioCoa.com
www.AntonioCoa.com
www.instagram.com/antoniocoacpa/