Episode 44 - How Uncle Sam Will Pay Your Down Payment On Your Next Vacation Rental [Interview with tax expert Mike Pine]
Have you ever considered using the tax law as a wealth building strategy? In today's episode, we interview Mike Pine from Pine Co CPAs, and we discuss just that. Mike shares a story from one of his many clients using taxes as a wealth building strategy who purchased a beach property and he helped them strategically set it up correctly. In doing so they were able to reduce their tax liability that year by more than the amount of their down payment, and they have now parlayed that money into a second mountain property and plan to continue this for the next 10 properties. Uncle Sam is funding their portfolio. The most exciting part of this, is that almost anyone can do it, unfortunately, most people do not know about it to take advantage of this huge wealth building strategy. Join us on today's episode with one of the nation's leading tax advisors and CPAs, Mike Pine, as we discuss exactly what you can do to take advantage of this strategy to build your vacation rental portfolio. To book a consult with Mike and his team visit: www.PineCoCPAs.com/Vodyssey . The Vodyssey and the Empire Club was formed to introduce you to the proven processes in Acquisition, Management & Marketing of your Lifestyle Assets. . Lifestyle Assets are more than just short-term vacation rentals. Learn how you can build a portfolio of Lifestyle Assets that provide Lifestyle & Financial Freedom for you and your family. . For more content and expert advise, visit www.Vodyssey.com