Build Generational Wealth through Passive Income and Minimal Taxes with Ryan Bakke
Weiss Advice
English - February 28, 2022 12:00 - 29 minutes - 20.1 MB - ★★★★★ - 233 ratingsInvesting Business Entrepreneurship advice apartment investing real estate commercial real estate multifamily investing cost segregation cre linkedin real estate investing Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Ryan Bakke is the Owner of MLS Consulting PLLC. They work with real estate investors in helping them build generational wealth using the Tax Code. He is a licensed CPA in the State of Illinois, financial literacy advocate, and Christian servant leader. His leadership background consists of being caption of various sports teams competing at a very high level.
[00:01 - 02:42] Opening Segment
Let’s get to know Ryan BakkeAthletic leadership background with an accountant's brain[02:43 - 22:37] Build Generational Wealth through Passive Income and Minimal Taxes
The moment Ryan shifted his mind to invest in real estatePassive Income When You’re not a W2 EmployeeSaving money through tax deductionShould corporations own real estate?Ryan’s accounting and finance backgroundNew W2 Real Estate Clients Why People Shift to Short Term RentalsShort term and long term lossesWhat is depreciation recapture and how does this lessen your tax responsibilities?[22:38 - 29:14] THE FINAL FOUR
What's the worst job that you ever had?Pushing carts What's a book you've read that has given you a paradigm shift?The 7 Habits of Highly Effective PeopleWhat is a skill or talent that you would like to learn?Become handierWhat does success mean to you?“Knowing that nobody in my family tree has to worry about money and that they can focus on their passion, their why, and what they were put on this earth to do. And to go further.”Putting actions behind your wordsConnect with Ryan. Links available belowTweetable Quotes:
“If you invest in real estate, paying taxes can be optional if you have the right strategy in place.” - Ryan Bakke
“Real estate isn't a get rich quick scheme, but it's a get rich scheme.” - Ryan Bakke
Connect with Ryan through Facebook, Instagram, Twitter, and LinkedIn.
LEAVE A 5-STAR REVIEW by clicking this link.
WHERE CAN I LEARN MORE?
Be sure to follow me on the below platforms:
Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.
None of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.