Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 10 years ago on . Most recent reply

User Stats

66
Posts
23
Votes
Nathan Astrup
  • Cleveland, OH
23
Votes |
66
Posts

Question after reading Rich Dad Poor Dad.

Nathan Astrup
  • Cleveland, OH
Posted

So I just finished reading Rich Dad Poor Dad. 

I know, a little later, but I just got around to it. I read it in one sitting. Great book.

Robert talks a lot about forming corporations for the tax benefits.

He doesn't go into much depth though. 

Can anyone tell me a little bit more in depth about how they use corporations in their RE business to shelter them from taxes? Any input on formation, setting up, and any other information would be great!

Most Popular Reply

User Stats

5,028
Posts
2,573
Votes
Curt Davis
  • Flipper/Rehabber
  • Memphis, TN
2,573
Votes |
5,028
Posts
Curt Davis
  • Flipper/Rehabber
  • Memphis, TN
Replied

Most of those strategies are not really for the new investor.  In all reality I would not read anymore of his books as he has been proven to be a scam. Check this article out for proof. 

  • Curt Davis

Loading replies...