Top 7 Ways To Not Pay Taxes This Year w/ CPA!

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⏲️ TIME STAMPS ⏲️

0:00 : Preview

1:00 : Intro

2:00 : Show begins! - Today’s topic

3:30 : Who is Steve?

6:00 : “Do employers get benefits by making an employee a 1099?”

7:20 : Advice to passport bros!

8:30 : “Is high rental P&L a red flag?”

— — — — Top 7 Ways to Save Taxes — — — —

9:20 : #7 - 1031 Exchange for Real Estate / What is capital gains tax?

17:40 : What is Fix & Flip strategy?

20:40 : Summary of #7

22:00 : #6 - Cost segregation

27:40 : Why Myron buys Turnkeys?

30:40 : “Should I join Brandon Carter’s program?”

31:30 : Holding company for Tax savings

32:20 : Fund your business with your w-2 income

35:20 : #5 - Section 179 & Bonus Appreciation

41:10 : LEash Vs. Finance for Tax savings

46:00 : #4 - Roth 401(k) Vs. Traditional 401(k)

52:00 : Government employees don’t know this stuff

53:00 : “What’s your Favourite part of being an entrepreneur?”

55:10 : “Would you suggest S-Corp for insurance agent?”

56:00 : “Thought on Whole life insurance & becoming your own bank”

1:00:30 : “Whats’s the difference between 1099 NEC Vs. LLC?”

1:03:30 : “Should Truck drivers get LLC?”

1:04:20 : “Thoughts on IUL”

1:06:00 : Guy wants to buy Tesla Cybertruck ⛟⚡️

1:08:00 : Buy property on your personal name FIRST!

1:08:30 : THIS is HOW you can buy Real Estate on your personal name

1:12:00 : “What is Augusta rule in Real Estate?”

1:13:00 : “How much $$$ you have to make to own a private jet?”🛩️

1:16:00 : Today’s Sponsor - Bluechew (STAY HARD!🍆) - https://www.get.bluechew.com/freshfit

1:17:20 : #3 - The HSA plan

1:20:30 : #2 - Hire a bookkeeper

1:27:20 : Superchats! - Thoughts on Messi joining inter Miami

1:29:20 : “Do the RICH buy paintings to save money?”

1:32:30 : “How can a w-2 employee save taxes?”

1:35:00 : FREE GAME!🔥 - Get 6% interest on savings account

1:36:20 : “How to get into law enforcement?”

1:38:20 : “How to protect yourself from fake accusations?” (Russell Brand)

1:42:00 : “How do I get a second property?”

1:43:20 : “I signed a non-compete, can I do side work?”

1:44:30 : “Should I flip houses or start a Turo business?”

1:46:30 : You need contractors for fix & flip

1:50:00 : #1 - Get the right CPA / Follow Steve on IG

1:54:00 : Quick summary of 7 points

1:54:40 : Outro!