0:00Here's how we helped.
0:00A doctor in California earning 750,000 a year in W2 income
0:05almost wipe out his entire taxes.
0:08Before he met us he was paying over 350,000 dollars a year to the IRS.
0:12We made one strategic move.
0:14We helped him buy a 2.5 million dollar property
0:17and convert it into a short term rental.
0:19The average stay was under seven days
0:21and he logged about two hours per week
0:24in managing this short term rental
0:26which allowed him to qualify for a material participation.
0:28Then we ran a cost segregation study
0:30and with hundred percent bonus depreciation in year one
0:33the depreciation came out to about $637,000.
0:37Furniture and setup cost added another hundred twenty grand.
0:40Total deduction came out to roughly $757,000.
0:44His taxable income dropped to zero
0:47and he kept roughly 350K that would have otherwise gone to the IRS.
0:52And we didn't stop there. We renovated the property
0:55and invested another $200,000 to upgrade the design
0:58and optimize it for higher revenue.
1:00Eight months later the bank reappraised the property at $3.5 million.
1:05We did a cash out refinance.
1:07He was able to pull out his down payment,
1:09his rehab capital, basically all his original cash back.
1:13Then we use that same capital to buy another property.
1:16Now imagine repeating that process.
1:18One to two properties per year,
1:20paying close to zero in income taxes
1:21and generating hundred to hundred fifty thousand dollars
1:24in cash flow per property annually.
1:27Same doctor, same W2 job,
1:29but Different strategy.
1:31This is how high income earners stop trading their time for money
1:34and start building assets that pay them.
1:37If you're serious about learning how to do this the right way,
1:39apply to see if you're qualified to work with me.
1:42DM me the word high income.