Weiss Advice
Weiss Advice
Yonah Weiss
Build Generational Wealth through Passive Income and Minimal Taxes with Ryan Bakke
29 minutes Posted Feb 28, 2022 at 12:00 pm.
02:42] Opening SegmentLet’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 TaxesThe 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 FOURWhat'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 BakkeConnect 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.LinkedInYoutubeExclusive Facebook Groupwww.yonahweiss.comNone 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.Support the show
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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 SegmentLet’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 TaxesThe 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 FOURWhat'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 BakkeConnect 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.LinkedInYoutubeExclusive Facebook Groupwww.yonahweiss.comNone 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.Support the show