E65: How To Make Money from Taxes Using Infinite Banking
Special guest Ray Poteet joins us to discuss how you can use infinite banking to take the stress away from paying income taxes each year. Plus, he’ll share how you can actually make a profit doing so.
Taxes are such a significant and stressful burden for most people. The good news is there is a way to not only reduce the stress of paying income taxes, but there’s also even a way to profit from them. For the last two years, Ray has shared with clients a system to recapture money spent on income taxes. Today, he’ll share it with listeners.
Make a Profit from Paying Income Taxes:
- The story of when the method first occurred to Ray
- The simple system for paying income, property taxes, and charitable giving through policies
- The two rules: paying yourself first and paying yourself interest
- Why using separate policies is important to the process
- How the math works
Following the rules, pay yourself, pay yourself interest. Recapture, we’re recapturing every year by paying the policy off.What I think is given me the greatest joy is to work with professionals, accountants, bookkeepers, and our old agents, and them actually having become clients to use the system themselves and introduce their clients to this system.
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