HOW MY DAUGHTERS GET PAID PASSIVE INCOME #shorts

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#motivation #success #money #investing #shorts
HOW MY DAUGHTERS GET PAID PASSIVE INCOME -

This isn't money that we just give them... They earn it from investing...
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“It’s passive income so it’s not taxed”

Somewhere off in the distance an IRS agent feels a disturbance in the force

letsgobrandon
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“Her income isn’t taxed because it’s passive” sir the IRS would like to speak to your daughter

BushiestBesver
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Oh wonderful... So all we need is a millionaire Daddy and we too can be millionaires. I was wondering where I went wrong.

Nomanspie
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Must be nice having a rich father that can set you up for life.

TheWobbinator
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Then those kids grow up to say they are self made 😂

avilaomar
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Everyone family has that one person who will break the family financial struggle I hope you become the one 😏

kathleeng.wilson
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For yall who dont seem to understand this, the 30k is not 667 a month. Her salary/payment is 30K a year, which is paid to her ONCE a year. Then they take that 30K, and put it into Cardone Capital. From Cardone Capital, she gets paid a passive amount of $667 monthly (which comes from the Real Estate). He says she can never touch the salary she gets (which is the 30K salary), but she can use the $667 which is the distribution she gets from the deal every month

christiandebra
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Step 1. Be born into a family of millionaires

briann
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I remember my dad made me go out and shovel snow from driveways in the neighbourhood to buy myself a PSP, great life lesson.

TheWesleyRyan
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Leaving all the negative comments aside, what strikes me is how some people are fluent in the ways of money saving/investing/protecting while most of us don't even understand what they'e saying. It is what it is.

crescentdave
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Starbucks employee: sir, are you ready to order?

patrickmcadams
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Thank you for recommending Rebecca Jin financials on one of your videos. I reached out to her and investing with her has been amazing.

baiboo
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I can't wait to hear her story of how hard it was for her. And she will sale you a book so you can learn from her struggles

hablamosdemisterio
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He is correct. She doesn’t have to pay taxes because she is minor. However, her parents have to pay taxes on her behalf.

udaykhatry
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It's great that your in a position to do that. Unfortunately most Americans can't even afford basics like food and bills. This is again an example of what to do when your already wealthy

Obsessed_Collector
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Tax evasion is a sport, not a crime..

Type_diiabetes
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Strong men make easy times, easy time, make weak men and weak men make hard times, hard times create strong men.

kalanischumann
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Smart man....great way to set your kids up for success... God bless🙏🙏🙏

brakeadam
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Thank you for explaining the tax loophole. No more "child labour" for the rich

inAllllllSeriousness
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The hyper-fixation on avoiding taxes is never viewed from a moral lens. If these people actually payed their taxes, those who actually need that small percentage of their paycheck to survive wouldn’t have to pay as much. If we had a system that equally benefited everyone, like we should.

cheezitmaster