{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"Brady Slack and Michael Scicluna - Mastering Tax Strategies","description":"Key Takeaways Confidence is not just about being assertive; it's about the willingness to learn and be coached. Life is a journey with its ups and downs; winning the small battles leads to winning the war. Consistency in facing ups and downs allows for success through the big challenges. The language of business is accounting; understanding that language enhances your chances of success. Real estate investing has the potential to never be taxed if leveraged with write-offs, expenses, and depreciation. Don't let the tax tail wag the dog; sometimes, there are valid reasons to exit a property despite tax implications. Timeline [02:05] Intro to episode guest [02:50] One word that describes Brady personally and professionally. [06:46] Can you share a brief overview of your background, current role, and your company? [10:10] What are the tax planning strategies for limited partners, and how do they benefit as investors? [16:36] Brady, discuss business entity structuring and mapping as Mike mentioned. How should people structure their entities? [20:54] Discuss cost segregation, its mechanics, and how it relates to leveraging depreciation in your investments. [31:13] Explain what a K1 is and how it's utilized for new investors or passive investors exploring deals. Contact  Email: brady@highcountryfinance.com Instagram: @TheBradySlack ","author_name":"Insider Secrets Podcast: The Home of Passive Real Estate Investors by Mike Morawski","author_url":"https:\/\/mikemorawski.com\/","html":"