How Larry Page Faces Real Estate Depreciation
These are the 5 topics that I share with you in this publication:
1 - How Larry Page Faces Real Estate Depreciation
2 - How Serena Williams Invests with Passion and Vision
3 - How George Lucas Uses the Force of Business Documentation
4 - How Messi Becomes a Super Contributor
5 - Discover How Margot Robbins Turns an Expense into an Investment
1 - How Larry Page Faces Real Estate Depreciation
Lawrence Edward Page is a billionaire business magnate, computer scientist, and American internet entrepreneur, primarily known as the co-founder of Google.
Net Worth: $99.3 Billion
Deductible depreciation in real estate investment is a mechanism that allows property owners to deduct the wear and tear of their properties in their tax returns.
This practice offers significant benefits by reducing the tax burden and improving cash flows.
By leveraging deductible depreciation appropriately, investors can strengthen their financial position and increase the profitability of their real estate investments.
2 - How Serena Williams Invests with Passion and Vision
Serena Williams. One of the greatest tennis players of all time, with a total of 39 Grand Slam titles (23 singles, 14 doubles, and 2 mixed doubles) and four Olympic gold medals in her 27-year tennis career.
Net Worth: $260 Million
Look for a business that you are passionate about and has growth potential in the market. The business should be legitimate and profit-seeking to receive tax benefits.
Create a business plan with a clear vision of your objectives, resources, and risks. Invest in your financial and business education and seek advice from a tax professional to get the best options for structuring your business, fulfilling your tax obligations, and taking advantage of the benefits the law offers.
3 - How George Lucas Uses the Force of Business Documentation
George Lucas. Filmmaker known primarily for creating the Star Wars and Indiana Jones franchises and for founding Lucasfilm, LucasArts, Industrial Light & Magic, and THX. He was the president of Lucasfilm before selling it to The Walt Disney Company in 2012.
Net Worth: $4.9 Billion (2023)
No matter the size of your business, documenting your processes to maintain control over everything will allow the IRS or any other entity to come and go from your life quickly and painlessly in case of an audit.
You will also have accurate financial information that will enable you to make wise and informed business and investment decisions.
The best part? You can claim deductions for your expenses with the confidence that the government will authorize them.
Why? Because you have followed the law exactly as it should be applied!
4 - How Messi Becomes a Super Contributor
Leo Messi. Considered the best player in the world and one of the greatest of all time. He is the only footballer in history to have won, among other awards, seven Ballon d'Or titles, seven FIFA Best Men's Player awards, six European Golden Shoes, and two World Cup Golden Balls.
Net Worth: $600 Million (before Inter-Miami)
In general, the average taxpayer can only aspire to obtain average tax benefits. The solution? Become a taxpayer above average, in other words, a Super Contributor!
How? If you want to pay fewer taxes and increase your wealth, you must develop your financial intelligence.
This means learning how to contribute value to the economy and receive incentives from the government to do so. Seek advice from experts and discover how to reduce your tax burden and multiply your assets, regardless of your income level.
5 - Discover How Margot Robbins Turns an Expense into an Investment
Barbie. Having first hit the market on March 9, 1959, the most expensive Barbie doll in history was auctioned for $302,500.
In 2021, Barbie marked its highest net sales value since 2013, with brand revenues reaching around $1.7 billion. It is estimated that in 2023, Barbie dolls and toys will generate approximately $55.7 billion worldwide.
One of the biggest advantages offered by tax law to entrepreneurs and investors is the possibility of deducting almost any type of expense.
Of course, under the right circumstances!
Why does this group get to enjoy such a great tax benefit?
The answer is simple: Because they typically put their money into the economy to generate more income instead of consuming it.
The key to deducting an expense is to turn it into an investment or business expense!
Seek advice from experts and learn about your possibilities to discover more tax treasures.
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
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