Accelerated Real Estate Investor 358: How to Grow Your Wealth and Legally Slash Your Taxes with Toby Mathis
No matter what your portfolio looks like, there’s a very good chance that you’re unaware of all the ways you can save money and legally slash your taxes.
So, how do you legally reduce your tax liability?
To answer that question, today’s guest is Toby Mathis. Toby is a founding partner at Andersen Advisors, where he’s been a tax attorney for over 25 years. He’s helped over 100,000 clients prepare better tax returns, and he has a deep understanding of how to become wealthy and legally slash your taxes so you can keep your wealth.
In our conversation, we dig into several tips and strategies to reduce your taxes. We talk about the three types of income (and how to make more money in each), how to set up a nonprofit that pays rent to your real estate portfolio, and the three specific traits everyone needs to have to become an elite entrepreneur.
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Key Takeaways with Toby Mathis
- Why Toby is excited about investment opportunities to empower debt-burdened and rent-burdened Americans in tough housing markets.
- How affordable housing investments can be run as 501(c)(3)s, collect state money, improve people’s lives, and create 100% write offs.
- The best ways to shelter, slash, and save multiple income streams from tax.
- Why it’s all but impossible to get rich creating short-term active income.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit https://acceleratedinvestorpodcast.com/358
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