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Banks and loan company become heavy with foreclosed properties once the housing market crashes. Might not nearly as apt to repay off a back corner taxes on a property that is going to fill their books far more unwanted catalog. It is much easier for the particular write it off the books as being seized for lanciao. In our software company there are two methods to build wealth and much more through intellectual property and maintenance deals.
These two things used together will build a consultant that can be sold for 2-4X gross income. Now to foster that investment with leverage, I personally use the “Infinite Banking Concept” to lend money towards the business through “my own bank.” The transfer pricing money enterprise pays me comes back as investment income and that means lower property taxes. The new revenue extra maintenance contracts bring foster new contracts.
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