I don't get it, Kiyosaki tells you he doesn't pay taxes and that people don't ask him how he does it but you don't ask how he does it?!
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I don't get it, Kiyosaki tells you he doesn't pay taxes and that people don't ask him how he does it but you don't ask how he does it?!
He is a salesman, and I say that not in a bad or good way, but as a frame from which one should process what he says. Here is a very detailed analysis of some of his claims: https://johntreed.com/blogs/john-t-reed-s-real-estate-investment-blog/61651011-john-t-reeds-analysis-of-robert-t-kiyosakis-book-rich-dad-poor-dad-part-1
Thanks that's kind of you.
Because he said how he does it. He owns assets. He only pays taxes on two homes he owns but otherwise he rents out to his clients and has his money in assets. :)
Yes, later he explained by himself around 33 minutes? Didn't he say he had 4 homes? Well it's just a detail.
Why I said this? TBH it seemed he unanswered quite a few questions in first half at least. I think you were much too polite, allowing him to get away with vague answers. Not that I want to suggest that you should have interrogated him but press on for the facts ;)
could you clarify? I think i might know what you're talking about but I just want to be sure.