Start With Understanding Business Entities
Understanding what type of business entities are available and what they are used for is important. I appreciate Garret Sutton’s book “Start Your Own Corporation” because he explains entities and gives examples of the good and bad of entity structure.
Get his book here on Amazon.
Build Wealth
Tax code is written by congress to achieve a goal they desire and the laws are implemented by the IRS (or your local tax agency). What we must understand is how to do what the government wants and obtain the tax benefits associated with the law.
I appreciate Tom Wheelwright’s book where he explains these concepts on a practical level.
Get his book here on Amazon.
Successful Mindset
Rich Dad Poor Dad is Robert’s story of growing up with two dads — his real father and the father of his best friend, his rich dad — and the ways in which both men shaped his thoughts about money and investing. The book explodes the myth that you need to earn a high income to be rich and explains the difference between working for money and having your money work for you.
Get his book here on Amazon.
