Action Academy | Millionaire Mentorship For Your Life & Business

How to LEGALLY Pay Zero Taxes (for Business Owners & Real Estate Investors) w/ Barbara Schreihans

17 snips
Jul 8, 2025
In this conversation with Barbara Schreihans, an entrepreneur and tax strategist from Your Tax Coach, listeners discover how to legally minimize taxes as business owners and real estate investors. Barbara shares her transformational journey from corporate accountant to successful entrepreneur, revealing advanced strategies like 1031 exchanges for property investments and vehicle expense deductions. She emphasizes aligning investments with personal goals and the importance of valuing experiences over material wealth, making tax optimization not just strategic but also fulfilling.
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ANECDOTE

Barbara's Corporate Breakaway Story

  • Barbara saved a client $3 million in taxes but received no bonus from her firm.
  • This experience pushed her to start her own tax coaching business in 2020.
ADVICE

The Power of Personal Branding

  • Build a personal brand by sharing your expertise on social media, even before leaving your job.
  • Marketing your business is key to getting clients and scaling up.
ADVICE

Smart Hiring Advice

  • Hire slow and fire fast to build an effective team.
  • Don't keep wrong hires out of fear; instead, carefully choose the right fit for smooth delegation.
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