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Robert Kiyosaki’s passive income machine 1,600 properties. #vpmotion #shorts #money #realestate
Date: November 25, 2024
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Robert Kiyosaki’s passive income machine 1,600 properties. #vpmotion #shorts #money #realestate








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You will pay the payroll tax. No way around it
when u dont want to pay tax… u should not living in us… 😊just go to sahara… or somalia… or tibet…..
Saying scammer the government lends money and puts it into thijgs to save money then taxes y on your working money 😅
Not 1,600 rentals every month. Robert failed to disclose his vacancy factor. Decent properties is about 5%. More distressed properties this is substantially higher. Even at 25% vacancy, Robert has monthly income from 1,200 units.
Robert pays a ton of county property taxes on those rental properties.
Deducting depreciation, property taxes, repairs, turnover expenses, utilities, PM fees, insurance and interest. This usually offsets all gross incomes resulting in a net loss. Thus no income taxes paid. The key expense is depreciation. Robert is basically pocketing the depreciation every year.
He is so boring
This comment section is full of subservient tax paying dogs… The US was a tax free nation before 1913. Most doctors are morons by the way. Pharmaceutical puppets that don’t care about you. Lawyers are crooks. And teachers are underpaid indoctrinated indoctrinators. The examples you people use simply pull more wool over your eyes. Jealousy isn’t a good look. You’re being played. Robert provides jobs, and places to live. You provide blind criticism. Robert spends money on assets. You spend it on liabilities. Liability = tax. Hating the rich isn’t going to save you. And you can’t fix stupid. Only stupid can fix stupid. So, what do you say, stupid? Ready to buy assets. Or are you just gonna keep buying fast food, and Netflix?
Saving dollars were the idiotic parts.
He is a rerun