PART 2 - How to build generational wealth as W2 employee?
Are you feeling skeptical about all this talk of hidden money in the tax code? Isn’t it cheating our government to pay less in taxes?
by
Mike Pine & Kevin Schneider
19 min
Are you feeling skeptical about all this talk of hidden money in the tax code? Isn’t it cheating our government to pay less in taxes?
by
Mike Pine & Kevin Schneider
19 min
Listen on
Are you feeling skeptical about all this talk of hidden money in the tax code? Isn’t it cheating our government to pay less in taxes?
In this episode, we talk with Gib Irons about why the tax code includes opportunities to build wealth and how paying the legal minimum in taxes helps the economy.
Gib is the managing partner of Irons & Irons P.A., a family and personal injury law firm in Greenville, NC. As a W-2 earner, he wanted to find ways to build wealth without consistently trading his time for money. He began investing in real estate and began using Pine & Co CPAs to proactively plan for tax season and strategically grow his wealth.
Through their partnership, Gib continues to explore new ways to find hidden money in the tax code each year, diversify his wealth-building portfolio, and use his tax savings to stimulate the economy.
In this episode, we discuss:
-Why hidden money exists in the tax code.
-How taking advantage of this hidden money actually helps the economy.
-The difference between proactive tax planning and being a victim to taxes.
-Ways to diversify your wealth portfolio as a W-2 employee, through:
*Gas and oil
*Multi-family real estate investments
*Real estate syndications
- Why 2023 is a good time to begin investing.
- How to get started with a multi-family real estate syndication.
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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Website - The Podcast (hiddenmoney.com)