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It’s a gated nice estate, serene environment with 24hrs security, gym, ample parking space, service charge 10 million, Rent 60 million per annum, going very very fast. Meanwhile the estate:

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SkyDanfoDriver 🛫 (Capt. Jamil)

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162,320 Aufrufe • vor 10 Monaten •via X (Twitter)

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Rent doubles every 10 years. Your mortgage payment doesn't. 🤯 I buy a property today and the payment's $2K, I rent it for $2,400. Fast forward 10 years, my payment is STILL $2K, but that rent? $4,500. Multiply that across every door I've bought in the last 5 years and the cash flow gets stupid. Wait 5 more and we're talking a million a month. When I flip, I might make $500K and hand 40% to the government. 🤢 You made 50 to keep 30?? When I make money on rentals, it does the OPPOSITE. It shelters my income and helps me pay LESS in taxes. Click the link below for more real estate cheat codes on Youtube.

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Quickly trying out the latest and greatest Grok Imagine video model with this one. Loving how fast these generate and how well it handles complex scenes with very little prompting. Having a full 10 seconds to play with per video gen is also very nice. Theres some sort of extra life and creativity that the video model just injects all on its own. native 1080p generations maybe one day?

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Real estate mogul Ben Mallah explains that you can eliminate your tax bill by borrowing money from the bank and buying tax-free municipal bonds👀 “Basically, by borrowing money from the bank, you eliminate your tax bill if you properly invest it” “Let's say I own a building. Tomorrow, I go out and I refinance the building and pull a million dollars out of it, right? Fine. I owe the bank another million dollars. That million dollars is going to cost me roughly about 60 grand a year, right? So now, that 60 grand a year is going to come off of my income that I made that I can write off, right? So the place made 100 grand a year, now it's only going to make 40 grand a year because I'm giving the bank 60 for that million bucks. So now, I'm going to write off that money and only pay tax on the 40 grand. But what am I going to do with that million? I'm going to put it in tax-free muni bonds at five. So now I'm going to get paid 50 grand, right? But the 50 grand is non-taxable. It's 50 grand. If I were to make the 60 that I'm giving the bank, I would have had to pay tax on it… 37%”

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