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!