Elliot Omanson is the CEO of Owlfi and a tax genius. He spends all day trying to find loopholes and tactics to pay no taxes, and because of this has a network of some the the wealthiest and powerful people on the planet. Don't be fooled by the Chiefs Jersey, Elliot is the real deal. WELCOME TO CAMP!
Thanks to
Morgan and Morgan
Bluechew
for supporting this show
Produced and Edited by @99OvrAll
TIMECODES
00:00 Intro
01:13 Dressing to impress
02:34 How do rich people avoid paying taxes?
17:56 Children don’t know about money + Taxes are rules to the game
19:58 Practical tips for lowering taxes + 401k & social security ain’t as itseems
31:46 Backdoor Roth comes to the rescue
34:51 What else can we do? Attempting to turn profit
37:34 IRS got an army but don’t be scared
39:00 Tax laws, 2017’s impact & intangible drilling costs
46:33 Pros & cons, call by section name
54:03 CPAs aren’t useless but…
56:41 Insurance companies have super powers
1:11:30 CPAs don’t understand insurance + bundle or unbundled?
1:13:22 Infinite Banking + life insurance is POWERFUL
1:18:31 Juicy tips - G Wagon, Augusta + charitable donations
1:26:55 Universities are hedge funds
1:28:37 Old Money - Rothschilds, Royal Families & low profiles
1:33:05 Early life, Mormonism, Enlisting + creating own success
1:45:26 Coming home from war + appreciation for life
1:51:20 Freedom not things makes you happy
1:55:55 Andrew Schulz’s mentorship
Elliot Omanson is the CEO of Owlfi and a tax genius. He spends all day trying to find loopholes and tactics to pay no taxes, and because of this has a network of some the the wealthiest and powerful people on the planet. Don't be fooled by the Chiefs Jersey, Elliot is the real deal. WELCOME TO CAMP!
Thanks to
Morgan and Morgan
Bluechew
for supporting this show
Produced and Edited by @99OvrAll
TIMECODES
00:00 Intro
01:13 Dressing to impress
02:34 How do rich people avoid paying taxes?
17:56 Children don’t know about money + Taxes are rules to the game
19:58 Practical tips for lowering taxes + 401k & social security ain’t as itseems
31:46 Backdoor Roth comes to the rescue
34:51 What else can we do? Attempting to turn profit
37:34 IRS got an army but don’t be scared
39:00 Tax laws, 2017’s impact & intangible drilling costs
46:33 Pros & cons, call by section name
54:03 CPAs aren’t useless but…
56:41 Insurance companies have super powers
1:11:30 CPAs don’t understand insurance + bundle or unbundled?
1:13:22 Infinite Banking + life insurance is POWERFUL
1:18:31 Juicy tips - G Wagon, Augusta + charitable donations
1:26:55 Universities are hedge funds
1:28:37 Old Money - Rothschilds, Royal Families & low profiles
1:33:05 Early life, Mormonism, Enlisting + creating own success
1:45:26 Coming home from war + appreciation for life
1:51:20 Freedom not things makes you happy
1:55:55 Andrew Schulz’s mentorship