EP 35 – Hacking the System: How to Minimize Your Tax Liabilities

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Show Notes

If you’re just getting started, you may not realize it, but as your business grows, so will your taxes — and they can be a big hit to your revenue. This is why it’s so important to minimize your tax liabilities.

In this episode of Collecting Keys Podcast, we share our tips on how to hack the system and pay as few taxes as possible while accumulating as many assets as you can.

 

 

Here are some power takeaways from today’s conversation:

  • Don’t be afraid to branch out your business — experience is the best teacher
  • Learn to realize when you’re at a loss and walk away
  • Accumulate as many assets as you can while reducing your tax liabilities
  • Familiarize yourself with 1031 exchanges to further reduce your liabilities

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Links from the Episode

Check out the FREE Collecting Keys “Sub To Transactions” Master Class!

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Check out the Big Dan Energy shirt (and more!) in the Collecting Keys Merch Store: https://store.collectingkeys.com/

Download the FREE 5-Step Guide To Generating Off Market Leads here: https://collectingkeys.com/resources/

If you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, head to https://collectingkeys.com/keyscon-2023/ and see if you are a good fit for the mastermind group!

Collecting Keys Podcast Resources:

https://collectingkeys.com/

https://www.instagram.com/collectingkeyspodcast/

https://www.instantinvestorprogram.com/

https://www.instagram.com/mike_invests/

https://www.instagram.com/investormandan/

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