Instead of just giving your kids an allowance… show them how to build real wealth 🧠💼 Inside my
Summary
Michael Chang's video discusses a strategy to build generational wealth by involving children in a real estate business. This includes hiring them through an LLC for age-appropriate tasks, paying them up to $14.6k/year tax-free, deducting their wages as a business expense, and investing their income in a Roth IRA to create a cash-flowing asset.
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