PART 1 - How to build generational wealth as W2 employee?

Are you a W-2 employee who is tired of trading hours for dollars? Are you fed up with choosing between making a living and living your life?

In this episode, we talk with Gib Irons about how to build wealth as a W-2 employee.

Gib is the managing partner of Irons & Irons P.A., a family and personal injury law firm in Greenville, NC. He wanted to start building generational wealth for his family, so he began investing in real estate.

When he heard Mike Pine mention, during a talk at a mastermind, that he could use the tax code to gain tax breaks on his real estate investments, he quickly scheduled a consultation with Pine & Company CPAs to learn more.

They have been working together to proactively plan for tax season ever since. Gib is able to pay the legal minimum in taxes and use the money he saves to reinvest in the economy and grow his wealth.

In this episode, we discuss:

- Creating generational wealth as a W-2 employee through real estate investments.

- How Gib Irons found $250,000 in hidden money through his real estate investments.

- The basics of the qualified real estate professional exemption.

- How to reinvest hidden money to continue growing your wealth.

- Short term rental deductions.

- Proactive vs reactive tax planning.

To learn more:

We also offer exclusive bonus content so you can learn the ins and outs of the investment opportunities that interest you most. Then, you can schedule a tax strategy call with us, armed with options and ideas. We can’t wait to see how much more hidden money this podcast can help you uncover this year.

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