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Podcast: Get Rich Education
Episode: Should We Eliminate the Property Tax? Featuring Tom Wheelwright
Description: California is strengthening protections for tenants. I discuss. It's already a disadvantageous state for real estate investors. My Property Manager had my tenant's $1,550 rent payment stolen from his drop box last year. He expects me to take the loss. I won't. Who is liable for the payment - the thief, bank, tenant, manager, or the investor (me)? Tom Wheelwright, CEO of WealthAbility, joins me. We discuss the role of property tax in funding essential services. The conversation touches on the regressive nature of property tax, alternatives to it, and the importance of understanding...