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Real Wealth Show: Real Estate Investing Podcast

Real Estate Investor’s Wake-Up Call after Paying Six-Figure Tax Bill!

May 31, 2023
26:23
How can you dramatically increase your ability to invest with the money you are currently sending to Uncle Sam? By redirecting those big checks you send to the government into investments that also benefit the government;.. and change your life while you're doing it.   In this episode, you’ll hear from Susan Geist who had a wake up call when she wrote a six-figure check to cover her tax obligations. She analyzed the situation and with strategic investment-related tax deductions, figured out a way to reduce her federal tax bill by more than $100,000 annually!    It’s an incredible story considering her background as someone who grew up in a lower-class family in rural Appalachia. Her story is one of financial hardship as a child and a commitment to attain financial security for herself and help others do the same.   With a salary of just $42,000 a year, she managed to buy her first property in 2008. Today she owns a multi-million-dollar portfolio consisting of long-term rentals, short-term vacation rentals, and limited partnerships in commercial real estate that pay her six figures of passive income annually.    She also helps women working to attain financial freedom with her company Rising Femme Wealth, LLC, out of Austin, Texas. She provides coaching and workshops that teach women strategies for financial freedom, including ways to reduce their tax bills. In her spare time, she likes to travel with her husband and two sons, and create music with her all-female band.   You can get help creating your own financial lifeboat by joining RealWealth at realwealthshow.com. Although Susan created her own investment portfolio, she has gravitated toward RealWealth as an investing opportunity. And she has recommended RealWealth to her coaching clients, which I’d like to thank her for. It doesn’t cost anything to check us out, and it takes just a minute to sign up.   We also appreciate positive comments about our company and the podcast on social media. And please don’t forget to subscribe to our podcast!    Thank you! Kathy Fettke

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