Episode 171
Tommy Thornburgh
Join your host David Pere and Alex Felice in this episode with guest Tommy Thornburgh, as they talk about investments, income taxes, business corporate funding and so much more in the world of finance.
About Tommy Thornburgh:
03:57 – Entry Level investors first steps..
08:21 – Self Investing, income, taxes
10:22 – Tommy talks about his customer base, and business
11:44 – Difference between different Level assets of protection
17:45 – Keeping everything under one roof (business credit, corparate funding, accountant, CPA etc.)
24:33 – Cheap is almost always the expensive way to go
29:56 – Business credit basics and fundamentals
32:22 – Difference between LLC to Trust from an asset protection standpoint
37:30 – Importance of having different level assets of protection
41:04 – Taxes in S Corp
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My name is David Pere, I am an active duty Marine, and have realized that service members and the working class use the phrase “I don’t get paid enough” entirely too often. The reality is that most often our financial situation is self-inflicted. After having success with real estate investing, I started From Military to Millionaire to teach personal finance and real estate investing to service members and the working class. As a result, I have helped many of my readers increase their savings gap, and increase their chances of achieving financial freedom! – Click here to SUBSCRIBE: https://bit.ly/2Q3EvfE to the channel for more awesome videos!
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