24 - Multiply your tax deductions with leverage + a crypto mining rig example

Wealth Game
25/08/2022 5 min
24 - Multiply your tax deductions with leverage + a crypto mining rig example

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Episode Synopsis


Go through an example of using "leverage" / debt to multiply your tax deductions. We go through an example with buying crypto mining rigs and how $10,000 of cash used to leverage and buy business assets could get you about $12,000 of cash back in your pocket at the end of the year.

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