Drew Miles

Immediately upon graduating law school and passing the bar exam, Drew Miles opened his own law practice. From 1988 to 2001, Drew practiced with his partner under the name Miles and Gillard, where he concentrated in the area of real estate and business law. During that time, Drew had the privilege of working with thousands of clients in various aspects of their business and investing life. During the course of his twelve years in practice, Drew continued his education at an accelerated rate. During the past six years, he has invested almost $100,000 in his "second" formal education process. This process focused primarily on wealth building and asset protection strategies. He has studied with such people as Ted Thomas, Anthony Robbins, Robert Kiyosaki, John Burley and C.W. (Al) Allen. He has also been coached and trained by Choice Performance, The Internationals Institute of Trading Mastery and the Excellerated Business Schools.
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There’s More to Building Wealth than Clipping Coupons
June 19, 2020
We talked recently about the wealth formula: Spend less than you earn and save the difference. Initially, you may have to cut back to “find” the money to save. Start there if you must. The next step is to learn how to invest your money powerfully. Recently, I took my stepdaughter to the bank to …
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Preserve Profits – Use 1031 Tax Deferred Exchanges
June 19, 2020
I always encourage real estate investors to learn more ways to save on business deductions and tax credits. An effective tax strategy for property investments is the IRS Code Section 1031. When an investor sells business or investment property, they generally will have to pay taxes on the profit at the time of sale. There …
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Mr. CPA, Can I Deduct a Pizza?
June 19, 2020
Recently, I stumbled across a concept that could change your financial life. You can call it a paradigm shift or a new perspective or just a different way to look at things. This single concept can save you tens of thousands of dollars each year. Its so powerful and yet its completely underutilized. Learning this …
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Let Uncle Sam Pay for Your Family and Fasinations
June 19, 2020
Converting Your Ten Largest Expenses In the section on corporate entities, I covered many of the tax saving benefits of having your own business. What do you say we apply some of these to your particular situation? What’s underlying the work we’re going to so in this section is a key concept: Much of the …
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Is the Only Way to Save on Your Taxes to Sleep With an IRS Agent?
June 19, 2020
In order to accelerate your movement along the wealth building curve, you absolutely must have your own business. I don’t care if its real estate investing, a sales company or a service business. But you must own it yourself or with a partner. Why, because the tax laws are tilted in favor of people who …
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Audit Proofing Your Real Estate Tax Deductions
June 19, 2020
Everyone wants to be financially free or as Robert Kiyosaki states, “to get out of the rat race”. As Real Estate Investors or full time self-employed entrepreneurs, we pay taxes often and in large amounts. I encourage clients to avoid using what some would say are tax scams but instead reduce their tax debt by …