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Rich Dad Advisors: Tax-Free Wealth: How to Build Massive Wealth by Permanently Lowering Your Taxes | [Tom Wheelwright]

Rich Dad Advisors: Tax-Free Wealth: How to Build Massive Wealth by Permanently Lowering Your Taxes

Tax-Free Wealth is about tax planning concepts and how to use tax laws to your benefit. Tom explains how the tax laws work and how they are designed to reduce your taxes - not to increase them. The audiobook explains how to use the tax laws to your advantage and in ways that will support business owners' vision and growth plans for their companies.
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Publisher's Summary

Tax-Free Wealth is about tax planning concepts and how to use tax laws to your benefit. Tom explains how the tax laws work and how they are designed to reduce your taxes - not to increase them. The audiobook explains how to use the tax laws to your advantage and in ways that will support business owners' vision and growth plans for their companies.

Once listeners understand the basic principles of tax reduction, they can immediately reduce their taxes to the point where, eventually, they may even be able to legally eliminate income taxes and drastically reduce other taxes.

PLEASE NOTE: When you purchase this title, the accompanying reference material will be available in your My Library section along with the audio.

©2013 Tom Wheelwright (P)2013 Hachette Audio

What Members Say

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  •  
    Grace and Kobie coastal california 03-30-14
    Grace and Kobie coastal california 03-30-14
    HELPFUL VOTES
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    "If you own a business this is a MUST"

    If you own a business this is a MUST have book, it will pay for itself hundreds of times over. It can get complex and some tricky areas I needed to listen to 3 or 4 times to fully understand it, but very well worth it.

    7 of 7 people found this review helpful
  •  
    Charles Mars, Pa, United States 01-22-14
    Charles Mars, Pa, United States 01-22-14
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    "A business owners tax bible!"
    Was this a book you wanted to listen to all in one sitting?

    No, this book was a bit too dry to listen to all in one sitting. Then again, it is a TAX book...


    Any additional comments?

    This is a great tax knowledge book, especially if you are invested in real estate. Wheelwright explains the details of the tax law and shows you how to get the most out of your taxes. He teaches you that the tax law is there to benefit the taxpayer, all you have to do is know how to take advantage of it. If you own your own business, especially relating to real estate, this book could save you a ton of money. THIS IS NOT A TAX LOOPHOLE BOOK! This is the cut and dry tax law explained in a new way that enables you to truly take advantage.

    5 of 5 people found this review helpful
  •  
    kelley Austin, TX, United States 08-22-13
    kelley Austin, TX, United States 08-22-13 Member Since 2013
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    "Possibly the greatest, well-rounded tax advice"
    Where does Rich Dad Advisors: Tax-Free Wealth rank among all the audiobooks you’ve listened to so far?

    This is such a easy-to-listen-to, enlightening book about a "not-so-exciting-subject" that actually makes you excited and interested in learning more about taxes, how they work and how to use the tax law in your favor. I listened to this book twice--just to make sure I got as much as possible out of it, and I'm already implementing a lot of strategies and tips that have made my life easier and my business more tax-friendly and successful.


    What’s an idea from the book that you will remember?

    Lowering your taxes--LEGALLLY--is VERY patriotic! The government rewards you with tax exemptions for doing things they WANT you to do--setting up businesses, creating jobs, investing in housing, etc. The more you learn the more you'll not only want to become wealthy but you'll actually be excited to prepare and create a solid tax plan.


    3 of 3 people found this review helpful
  •  
    Donald United States 12-06-13
    Donald United States 12-06-13 Member Since 2013
    HELPFUL VOTES
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    "3 Big problems"
    What disappointed you about Rich Dad Advisors: Tax-Free Wealth?

    1. Mandatory depreciation is a magic tax tick? right after telling you that you need to focus on eliminating taxes permanently. He never mentions that depreciation is deducted from your cost basis when the property is sold. (Sorry, mandatory depreciation is not a Magic concept, its not bad, but don't act like you discovered some great strategy!)
    2. He keeps promoting the book and other rich dad products as well. I hate to pay for other peoples advertising!
    3. Written as an international tax guide makes it too general to do anyone any good. If I am looking for tax ideas in Australia I'll get one for Australia - But I don't live in Australia and don't care about their tax laws.


    What three words best describe Tom Wheelwright’s voice?

    Good.


    11 of 14 people found this review helpful
  •  
    scott Hillman, MI, United States 03-24-13
    scott Hillman, MI, United States 03-24-13 Member Since 2014
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    "amazing!"
    What did you like about this audiobook?

    I believe in 10 years I will look back and think this was the audio-book that changed my life. I have listened and read my fair share of business, tax and investing books, but this by far is the BEST one I have ever got my hands/ears on!


    How has the book increased your interest in the subject matter?

    Very much so! We are looking at getting highly organized in our business now. Before we just floated by- kinda on a prayer- but it seems easy now to have direction.


    Does the author present information in a way that is interesting and insightful, and if so, how does he achieve this?

    Interesting and taxes do not go hand in hand... until now!


    What did you find wrong about the narrator's performance?

    Nothing.... Most narrators are boring, to say the least. Not this one!


    Do you have any additional comments?

    The only thing I would complain about is that this is only available in audio. I went to the book store to pick up a copy for my in-laws- and it is not in print! Agh...

    Robert, get this book in print!!! It is a MUST have in all formats possible.

    2 of 2 people found this review helpful
  •  
    DiamonDetailingNC Mooresville NC 01-06-15
    DiamonDetailingNC Mooresville NC 01-06-15 Member Since 2014
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    "Great, informative and simple to follow!"

    This is a great book, I'm a small business owner and love learning...
    Take the time to grow yourself and your future by listening to this book

    1 of 1 people found this review helpful
  •  
    LE Atlanta, GA 07-24-14
    LE Atlanta, GA 07-24-14 Member Since 2015

    EntrepreNerd - Looking for good books on tech, life skills and business

    HELPFUL VOTES
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    "Book for Business Owners and Entrepreneurs"
    Would you recommend this book to a friend? Why or why not?

    This was a decent book and the performance was really good. But, this was not meant for your average tax payer that is getting overwhelmed with the amount of taxes coming out of their check. The person that works 50 hours a week but sees all the fruits of his check go to a government that says they know what to spend his money better than him.

    The magic bullet seems to be to start a business, especially real estate, and find all sorts of deductions for that business. If you already own a business, this is great. Take all this advice use it to save tons of money.

    But, if you don't own a business, suggesting to start one just for the tax benefits is reckless. What he is not considering in this equation is RISK. To be fair, entrepreneurs are notoriously know for not including risk in their equations. I just wish there were some better ways to save on taxes for your average person.


    What other book might you compare Rich Dad Advisors: Tax-Free Wealth to and why?

    N/A


    Have you listened to any of Tom Wheelwright’s other performances before? How does this one compare?

    No


    What did you take away from Rich Dad Advisors: Tax-Free Wealth that you can apply to your work?

    If I ever start a business, there are lots of things I can deduct.


    1 of 1 people found this review helpful
  •  
    JUAN AYALA 06-25-14
    JUAN AYALA 06-25-14 Member Since 2015

    Addicted to Audible...

    HELPFUL VOTES
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    "Tax Free wealth"

    Tax-Free Wealth is about tax planning concepts and how to use tax laws to your benefit. Tom explains how the tax laws work and how they are designed to reduce your taxes - not to increase them. The audiobook explains how to use the tax laws to your advantage and in ways that will support business owners' vision and growth plans for their companies.

    1 of 1 people found this review helpful
  •  
    Greg 03-24-15
    Greg 03-24-15 Member Since 2014
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    "A must read!!!!"

    This is a good read with a fresh perspective on the IRS tax code. Tom wheelwright hits a homerun. I just might have to read it again.

    0 of 0 people found this review helpful
  •  
    Eric 03-20-15
    Eric 03-20-15 Member Since 2015
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    "What an eye opener"

    Reading this book is the equivalent of landing a huge raise. That is not an exaggeration. While my eyes are now open to my previous ignorance with regards to tax law that caused me to unknowingly give so much money away like so many do every year, I feel that the education I got from this book and the new way I see and understand money will counter that loss and net me a positive lasting gain. This book is not a technical read of a boring reference book. It uses everyday examples and situations to help the reader understand that the tax law was truly written to help you keep your money, not give it away. After reading this you will not be afraid of the tax law and you will see it as a key tool for your success. That alone is worth the price of admission.

    0 of 0 people found this review helpful
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