00:00I own 15,000 houses.
00:0215,000 houses.
00:03Okay.
00:04There's nothing wrong with buying a house.
00:06The difference is I use debt to buy it.
00:08Okay.
00:09And I pay no taxes.
00:10It's not the house.
00:12It's not the stock.
00:13It's not the bond.
00:14It's not the ETF.
00:16It's your brains.
00:18So I would rather use debt and pay no taxes.
00:22Can you explain that?
00:23How do you buy houses without...
00:24Capitalism?
00:27Right.
00:27We use debt and we pay no taxes.
00:31That's what I teach.
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