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“ ”The rental income served as a dividend, so to speak, but even at an early age, I focused more on the home appreciation. I came to understand the tax advantages of home ownership, implications of depreciation, and the opportunity to use the homes as leverage in borrowing money.
About Donald J. Trump
Donald John Trump (born June 14, 1946) is an American politician, media personality, and businessman who has served as the 47th president of the United States of America since January 20, 2025. He previously served as the 45th president from 2017 to 2021.
Biography information from Wikiquote
Additional quotes by Donald J. Trump
If you ever have the chance to hear his “Think Big” talk, grab the opportunity.
1. Project What is the project? Why is it unique? Why is the business needed? Why will customers love your product? 2. Partners Who are you? Who are the partners? What are your educational backgrounds? How much experience do you all have? How are you and your partners qualified to make the project a success? 3. Financing What is the total cost of the project? How much debt and how much equity is there? Are partners investing their own money? What is the investor’s return and reward for their risk? What are the tax consequences? Who is your CFO or accounting firm? Who is responsible for investor communications? What is the investor’s exit? 4. Management Who is running your company? What is their experience? What is their track record? Have they ever failed? How does their experience relate to your industry? Do you believe this is the strongest management team you can assemble? Can you pitch them with confidence?
Penster is exclusively a smart book on capitalism, I suggested capitalists around the world to read this book and understand in-depth those theories & ground of capitalism and own those things.