Wealthy Tax Secrets

Learn More About Who’s Behind The Scenes

Everyone wants to make more money, because more money means you can buy all those neat toys. Even the richest people in the world want to make more money.

There are plenty of ways to make money, and we here at Wealthy Tax Secrets want to help you make more money.

Wendy Valencia - Founder

I earned my business degree from DePaul University and went to work in “corporate America.” After graduating I gained valuable management experience working as a passenger service manager for American Airlines. Only after several years of managing others, did I realize that I would never be rich if I worked for somebody else.

By working for “The Man” I realized that I’d have to trade my time for additional pay. This meant that there was a maximum amount of money I could earn. After all, there are only 24 hours in a day.

However, if I worked for myself, and worked smart, I’d no longer have to trade time for money. I realized, this was what I wanted to do.

In 1999, I studied for the real estate exam and got my license. I really needed to make more money, so I dove head-first into real estate investing. I started to educate myself about all the different types of real estate investing.

When it comes to real estate investing, I’ve just about done it all. I’ve fixed houses, rented them, assigned contracts, bought foreclosures, REOs, short sales, lease option, bought tax liens and tax deeds, and even bought mortgage notes.

Shortly after getting involved in real estate investing, I realized that some people didn’t pay all of their bills and I started encountering liens and judgments. I saw an opportunity to make lots of money here and started to learn how to collect on these judgments.

I was able to combine these two business ideas into an excellent investment opportunity I had read about while studying for my real estate exam: tax liens. Tax liens offered me HUGE ROI on my money that my bank just couldn’t compete with.

It was through these initial start-ups that I learned a difficult lesson. I learned about my silent partner: Uncle Sam. I had to pay more than $25,000 in tax my first year.

Paying so much in tax made me question myself. If I couldn’t become rich working for somebody else and I couldn’t become rich working for myself, how was I going to become rich?

It was almost an accident that I discovered how many tax deductions I was missing out on. I had no idea that there were hundreds of tax deductions that I wasn’t even aware of!

I instinctively knew that this was the missing piece of the puzzle for me! I devoted my time to learning as much as I could about all the tax deductions I was eligible for, but had not taken advantage of. Let me just say that IRS publications and the IRS website are DRY! I’ve done the research so you don’t have to do it!

The following year I only paid $5,762.91 in taxes. I saved over $19,000 in taxes by taking previously unknown tax deductions! It was a HUGE windfall. I had found the secret of the wealthy!

I’ve been through it. I’ve done my research. I’ve walked the walk. Now, I want to help you make and keep your money. I want to show you how you too can make tons of money the same way the wealthiest people do!

Danny Valencia - Co-Founder

I earned my bachelors degree with two majors: Political Science and History, specializing in American History, from Northwestern University.

I was lucky to be able to learn from my sister, Wendy’s experiences. I never even attempted to find a 9-5 job after college. Instead I knew that I would follow in Wendy’s footsteps as a business owner.

I wanted to learn as much as I could about real estate, so I took Wendy’s advice and studied for the real estate exam during my senior year of college.

I started attending the Real Estate Investment Club (REI)meetings with Wendy to learn more about the investment side of real estate and have never looked back. Having less capital to work with than Wendy I started out with smaller investments in tax liens and quickly grew that to larger investments.

I was lucky to come second because I was able to learn about tax deductions from Wendy, who had already been through it. I know for a fact that these tax-saving strategies work because I’ve seen them in action.

As many of you know, I was training for the 2008 Chicago marathon for many months. After devoting much of my time to that, I did complete the marathon on October 12th, 2008! I’d like to thank everyone for their words of encouragement.