Comments by "chris" (@chris-cy5ed) on "Minority Mindset" channel.

  1. And FiCa and property taxes !! And thats the worst cuz its now thousands a year usually instead of hundreds like it used to be..plus from the net pay u get u pay texes on capital gains again!!! So only way is creating passive income a 18 wheeler ,ahouse etc...
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  2. Nooo rent it out man!! Or 1031 tax exchange it !! Then you defer taxes so you compound grow and go get a bigger house and then rent out the new one ...so technically your not selling your rolling into bigger ...thats how the rich do it!!!
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  3. Nope i dont believe they are but maybe they are!! I dont wanna assume
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  4. So what
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  5. Theres so many curve balls in the world right now to confuse people jus focus on your niches folks and go hard and do what you know
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  6. Video ended with him speaking!! Wtf???
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  7. Fortune 500 changes every 10 years look at the difference of 2000 2010 and now example
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  8. 250 single pr 500k married tax free for home sale profit!! Deduction primarily residence 2 year primarily redidence minimum to do it
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  9. Elon musk does have a couple degrees so does Mark zucker...so does Warren Buffett dont lettem fool you..they jus eventually stopped going to school bit they have atleast a degree or two
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  10. Use debt to create cashflow!! Air bnb!! Or learn how to trade if your a math person!!
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  11. People are renting temporary and traveling so i dont think itll fall that much anytime soon!! If they do it wont be much lower than it is now or was two years ago soooo 🤷‍♂️
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  12. Write off the maintenance on the house theres depreciation on a house not just appreciation ..ding ding ding got it now ! Lots of people dont know that!!
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  13. Prolly a robot b.s. go talk to someone else!! Foreal
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  14. Be aware folks stocks crash ...get your money and get out and invest in passive income like realestate or a buisness residual income
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  15. 15 year is same payment Dont believe me research!!! Rates are lower for 15 apr fixed rates...so ......
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  16.  @thegerm574  chrysler is bankrupt and is owned by stanapollis or whatever i spelled it wrong lol but fr ford isnt bankrupt only one thatbwasnt bought out 12 years ago and margins but margins are still.high so theres still decent money's being made Still
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  17. No its a buyers market b.s. you know how much money is in renting right now??? Cmon man!! Especially people from.out of state pay more and Air bnb
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  18. 8:08 wow look at the old market!! Realest is the best then transfer to a 1031 tax exchange for another bigger units or more homes so you "defer" taxes so compounding is accumulated faster !! Realestate investments all day 1031 tax exchange
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  19. And blackrock!!
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  20. Ofcourse!!! Its pay it off faster and make sure no early term penalty payoffs ...always get a lawyer thats not working for the banks!! To make sure u can pay it off in 2years 5 years if you want feel me
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  21. Its abounch of things not jus that and they have equity so it might not crash plus...its a big exodus population from states due to high state taxes and Americans migration to diff states!! Getting two for ones ...
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  22. N also work from home folks in the market WFH!! Also has a mass impact
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  23. Yea mayve its not bad but i like Tesla so long as Elon is around or spacex when it goes public
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  24. Ur math is wrong its actually more than 2.2. With 600 a month because its compounding faster
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  25. Depends who you are especially in the new crypto days!!!
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  26. 1031 tax exhange realestate wealth compunding tax free essentially plus depreciation plus rental income that goes up in profit every year u recieve!! So in 5 years youll be blown away or especially 6 to 8 years mannnnn wooooooo
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  27. Thats a fictional number nothings really in debt except the polluted air we breathe and the dirty water we drink !! Other than that no one owns the earth!! Get real folks wake up!! There is no Debt
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