In this episode of the Prosperity Podcast, Kim dives into essential tax tips learned from a recent conference with renowned tax professional, Tom Wheelwright. Discover why labeling your education expenses correctly and securing 1099 income can optimize your finances. A must-listen for insightful tax strategies!

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Best-selling author Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn more about Prosperity Thinkers' thinking and strategies today!

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Links and Resources from this Episode

• For resources and additional information of this episode go to https://prosperitythinkers.com/podcasts/
• https://gravystack.com/prosperity
• https://prosperitythinkers.com/action/
• https://www.wealthability.com/

Show Notes

• Tax conference anecdote with Tom Wheelwright.
• Key tax tip: Seminars vs. continuing education.
• 1099 income benefits and importance.
• Home office deduction details.
• Real estate professional status benefits.
• Real estate activity requirements for deductions.
• Potential downsides of relying on real estate professional status.
• Todd’s insight on analyzing real estate deals.
• Prosperity mindset and tax strategies.
• Using 1099C to address unpaid debts.

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Kim Butler's groundbreaking eBook/ audiobook explains why typical financial advice may be sabotaging your wealth... and what to do instead!

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