Ep. 185 - Eliminating Your Tax Bill with Real Estate Strategies
What if you could eliminate your tax bill while building financial freedom and generational wealth?
Today, Ashton dives into actionable strategies for achieving financial independence through real estate investment and tax optimization. Drawing from personal experiences and lessons learned over six years, Ashton shares how to capitalize on tax incentives, structure assets strategically, and unlock the potential of short-term rentals. From hiring family members as part of the business to using cost segregation studies, Ashton outlines a clear path to creating wealth while reducing your tax obligations. Whether you’re a W2 employee, a high-income professional, or someone aiming to retire early, these insights could revolutionize your financial approach.
[00:01 - 06:50] Tax Secrets for the New Year
- Introduction to tax-saving strategies and upcoming tax season
- Highlighting key tax deductions available through real estate
- Overview of the "Millionaire Method" to minimize taxes
[06:51 - 12:57] Journey to Financial Freedom
- Ashton's transition from military service to real estate investment
- Early struggles and successes in real estate
- Lessons from managing $90 million in rental properties
[12:58 - 18:15] The Airbnb Advantage
- Why Airbnbs are more profitable than traditional rentals
- Insights into tax deductions from short-term rentals
- Generating passive income with lifestyle investments
[18:16 - 24:24] Hiring Family for Tax Benefits
- Leveraging tax laws to hire family members legally
- Structuring businesses to optimize expenses and deductions
- Benefits of converting personal expenses into business deductions
[24:25 - 31:32] Secrets to Tax-Free Wealth
- The mechanics of cost segregation studies
- Strategies to maximize depreciation benefits
- Using short-term rentals to bypass real estate professional requirements
Connect with Ashton!
Website: Valkere Investment Group
LinkedIn: Valkere Investment Group
Want to learn more about creating multiple streams of income, wealth protection, financial freedom, or real estate investing? Join our investor club, check out our blog, get our free ebook on investing, or join us for our monthly Real Estate Investing Made Simple virtual meetup. Take the first to your wins in life and head on to http://www.valkeregroup.com.
Key Quotes:
"Taxes are optional—the government rewards those who invest in the economy." – Ashton Levarek
"With the right strategy, anyone can create tax-free, generational wealth using short-term rentals." – Ashton Levarek
