Listen: IRS, Principal And Three Hundred Percent discussed on Live Abundant Radio
"It's it's a hundred percent more. But if you're paying taxes and fees and you're only getting twenty thousand on a four percent payout. This is like four times the income. Now, you think I'm blowing smoke. No, we show this all the time. And so many times people when we were through jumping. Through the IRS hoops to qualify them. They would be going. Wow. This is awesome. I I have as much or more income now and pull it out and half of us not showing up on my tax return. Many of these people also have real estate, and I would show them. You know, they they might be trying to get out of debt and pay it off. Well, that's great and say, you know, what you can actually pay off your real estate about two and a half years faster than what you're doing. You're sending extra principal of the mortgage company. If you took that extra money, and you put it over here in a site fund earning compound interest tax free and your mortgage is let's say four and a half percent. Let's say a million dollar mortgage just to keep this simple. They're paying forty five thousand but his tax deductible. It's a net cost of thirty thousand on my real estate. I earn on my real estate equity nine percent net ninety thousand so how much more is ninety thousand than a net of thirty. Thousand it's it's three hundred percent more see that. Actually, if you do the math will have enough money to pay off your mortgage, two and a half three years faster than giving the money to the mortgage company and killing a system where an employee so to speak is making you three times what they're costing you. I can show you this mathematically, I've helped."