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How Rich People Set Up Their Financial Structures...

171,505 views • 3 years ago •via X (Twitter)

9 Comments

Carl's profile picture
Carl3 years ago

This video is not about how to get rich. It's an awesome video showing you a sound financial structure. Cool

Grant Friedman's profile picture
Grant Friedman3 years ago

I think it’s more effective to have fewer propco’s so that you can set off potential losses against profitable props. You would also have less accounting, audit fees. Further, most banks would want holdco to sign a guarantee on the prop bonds so you may as well hold them together

The Son of Man's profile picture
The Son of Man3 years ago

If I had known this a while back. Have some rental properties that I am battling to pay due to rising interest rates. Thanks for this. I will use it

ThabzZzz...'s profile picture
ThabzZzz...3 years ago

Is the trust still taxed at 45%??

simphiwe mdineka's profile picture
simphiwe mdineka3 years ago

You have to be very good in finding other peoples money 🤣🤣🤣

Bovine's profile picture
Bovine3 years ago

I am going to be rich 😀😀😀

AmTevin's profile picture
AmTevin3 years ago

Eye opener,who is this guy

Sekoeta's profile picture
Sekoeta3 years ago

Is this guy rich…?if not forget it….he wants to teach us how to get rich but he is not rich himself

Mpho Sikwe's profile picture
Mpho Sikwe3 years ago

I have learnt this in Tax Administration..

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