Expert Tax Secrets to Maximize Savings and Build Generational Wealth
Description
Ep 116 - đď¸ Todayâs episode takes you on an in-depth journey into wealth-building, tax strategies, and financial empowerment, guided by a dynamic team of financial strategists! đźâ¨
 What youâll learn in this episode:
đ˘ S-Corp vs. C-Corp: Which is better for your business or real estate investments?
đĄď¸ How to protect your wealth from estate taxes and ensure a smooth generational transfer.
đ Avoiding tax traps as a self-employed professional while maximizing savings.
đď¸ What qualifies you as a real estate professional for tax purposes?
đ Tackling wealth disparities across racial and economic classesâand the path forward.
⨠Whether you're building your first business, growing your real estate portfolio, or planning a legacy for future generations, this episode delivers practical, expert-backed advice.Â
Ready to level up your financial future? Letâs get started! đ
Tune in nowâyour wealth-building journey awaits! đĽ
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Interested in investing in small multifamily?Â
Learn more about The Microfamily Mavericks mentorship program here:
https://www.microfamilymavericks.com/...
Check out our podcast website!
Thesharethewealthshow.com    Â
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Take our survey: https://s.surveyplanet.com/c1xu5qdv
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Here are some of the key questions answered in this episode:Larry D. West III
Episode 8Â Â
(00:37 - 1:34 ) Q1 " Whatâs vehicle youâve used that completely transformed your mindset orÂ
wealth-building journey?
(01:35 - 4:30 ) Q2 "S-Corp or C-Corp: Which is best for taxes and real estate?"
(04:31 - 06:15 ) Q3Â âHow can you protect your assets from
 estate taxes?â
(06:16-10:30 ) Q4 How can trusts and life insurance protectÂ
your estate from taxes?
Lary Pendleton
(12:13 - 14:19 ) Q1 âHow can self-employed individuals avoid common tax traps and maximize savings?â
(14:20 - 18:22 ) Q2 "When is the right time to choose an S-Corp, stay with an LLC, or transition to a C-Corp?"
(18:23 - 20:44 ) Q3 âWhat drives wealth disparities across racial and economic classes, and how can they be addressed?"
Verline Davis
(21:20 - 24:54 ) Q1 âWhat qualifies an individual as a real estate professional for tax purposesâ
(24:55 - 26:15 ) Q2 âWhen should a business choose an S Corp or C Corp, and what are the tax implications of each structure?â
(26:17 - 27:59 ) Q3 âHow can tax planning streamline business operations?â
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Connect with Larry D. West lll!Â
Visit pb-strategies.com and schedule a discovery call with his team. Follow them on:Â
LinkedIn  / precision-business-strategies Â
Facebook  / precisionbusinessstrategies Â
Instagram  / precisionbusinessstrategies Â
Connect with Larry Pendleton! Follow him onÂ
LinkedIn  / larry-pendleton-jr-cpa-msa-493aa249 Â
Facebook https://www.facebook.com/profile.php?...
Instagram  / larrypendletoncpa Â
Check out his Linq page, too!Â
https://linqapp.com/LarryPendletonCPAâŚ
Connect with Verline!
Website: www.Capitalvsolutions.com
Instagram:   / capitalvsolutions Â
LinkedIn:   / capitalvsolutions Â
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Letâs get connected!Â
You can find Nicole onÂ
LinkedIn  / nicole-pendergrass Â
Instagram https://www.instagram.com/nvestornikk...
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