Thao Do

A dedicated Tax Attorney with a passion for helping Business Owners and Real Estate Investors save tax and keep more of their hard-earned money.

[Amanda Orson @amandaorson]

The faster technology moves, the more I think about Bezos' question

What won't change in the next 10 years?

Things I've been writing down over time:

- Humans will always need shelter, food, energy, and healthcare.
- The desire for ownership and the accumulation of wealth.
- The physical world will move more slowly than the digital one.
- Every increase in technological capability, especially AI, will require more energy.
- People and businesses will continue to need access to capital.
- Capital will continue to seek returns that exceed inflation.
- Underwriting methods evolve, but demand for credit (loans) is persistent.
- Trust remains scarce and becomes increasingly valuable as content, code, and fraud become cheaper.
- Verified identities and reputation becomes more important as information becomes abundant and synthetic.
- Long-term wealth creation and dynastic (multi-generational) thinking predate modern technology, and will persist.
- Coordination and transaction costs never fully disappear; market friction will continue to justify the existence of firms and intermediaries.
- People will continue to compete for status.
- Consumers will pay a premium for products and services that confer status.
- Time remains fixed at 24 hours per day.
- But attention is a finite resource and an enduring constraint.
- Products that credibly save time (or enable delegation) have a perpetual market.
- Inaccessible, proprietary data will be a persistent moat. The more inaccessible and difficult to aggregate, the deeper the moat.
- People want accountability, recourse, and clearly identifiable responsibility when things go wrong.
- Regulation consistently lags technological innovation.
- Compliance requirements, licensing, and regulatory moats persist even when machines can perform the underlying task.
- Local knowledge remains valuable and difficult to replicate.
- Heterogeneous markets (like real estate) continue to reward people with deep contextual understanding.
- Incumbent organizations tend to underinvest in disrupting their own businesses, which always creates opportunities for challengers.

Bezos' insight on what wouldn't change in 10 years was "Customers will always want lower prices and faster delivery."

It's boring/ true, but I think that's the point.

Everything we build today can and will be rebuilt more cheaply, faster by someone else.

Build on the invariants, not the trends.

What have I missed?

[Thao Do @dothaox]

Happy Fourth of July! 🇺🇸

[Thao Do @dothaox]

@NWischoff Hi Nichole, incredible opportunity! I’d love to join.

[Thao Do @dothaox]

Life is relationship. The rest is just the details.

[Thao Do @dothaox]

@auren Travel safe and enjoy every moment!

[Thao Do @dothaox]

Thanks. 1/ what signals do you look for to decide whether a company is a good secondary opportunity despite strong hype? 2/ if you had to build a portfolio today, with only one or two strategy , which would you choose and why? 3/ which model- secondary or solo VC , creates more alignment with founders in your experience?

[Thao Do @dothaox]

@cyantist The Cyan Effect or First Believers

[Thao Do @dothaox]

Happy Thanksgiving!

[Thao Do @dothaox]

W2 Tax Strategies for high-income earners.

[Thao Do @dothaox]

Fun Fact.

[Thao Do @dothaox]

Marital Agreement and Asset Protection.

[Thao Do @dothaox]

You can start planning for your future now.
(1) Which individuals would handle your finances and pay your bills and expenses upon your death or incapacity? (2) Which individuals would be best to speak to your doctors and handle your major medical decisions?

[Thao Do @dothaox]

Protect your family's future.

[Thao Do @dothaox]

@cyantist You’re a unique. Have a great day.

[Thao Do @dothaox]

Are you a real estate investor? The IRS has defined material participation to qualify as a real estate professional who is working on their rental properties in a regular, continuous, and substantial manner. You qualified as a real estate professional for the year if you met both of the following requirements.
1. More than half of the personal services you performed in all trades or businesses during the tax year were performed in real property trades or businesses in which you materially participated.
2. You performed more than 750 hours of services during the tax year in real property trades or businesses in which you materially participated.

[Thao Do @dothaox]

@eladgil Can I buy you a coffee? Really enjoy High Growth Handbook! I still can’t believe it’s free!