BLD Financial Podcast

Death, Taxes, Family Trusts & When To Incorporate ft. Michal Wach Ep. 18


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In this episode of The BLD Financial Podcast, we’re joined by Michal Wach, a real estate investor, tax accountant, and coach who has been investing since 2008.

Michal shares how he built a portfolio that includes a Muskoka luxury cottage, navigated multiple market cycles, and transitioned into tax advisory for investors and self-employed Canadians. They unpack common mistakes investors make with taxes, incorporation, and structuring, and explore how smart planning and professional guidance can protect and grow wealth.

In this episode, we explore:
✅ How Michal started investing during the 2008 financial crisis and built long-term wealth through rental properties
✅ Lessons from 15+ years of market cycles, including the explosive 2019–2021 boom and today’s correction
✅ How social media has turned everyday investors into “economists” tracking CPI, job reports, and bond yields
✅ Why tax strategy is the most overlooked element in real estate investing
✅ Common mistakes investors make: unfiled taxes, poor bookkeeping, and rushing to incorporate
✅ When incorporating makes sense and when it can actually hurt your portfolio
✅ Advanced structures like family trusts and holding companies: who really needs them
✅ Debunking myths around capital gains, double taxation, and long-term planning
✅ Why transitioning from real estate investing to owning an active business can accelerate cash flow and wealth

Whether you’re a beginner investor, scaling a portfolio, or looking to optimize your tax strategy, this episode delivers actionable insights to help you make smarter decisions and protect your financial future.

Who is Michal Wach?
Michal Wach is a husband, father, accountant, and real estate investor. Alongside his wife Anna, he owns and manage multiple investment properties in Southern Ontario, and has been investing since 2009.

Follow & Connect with Michal Wach:
Instagram - https://www.instagram.com/wachproperties/
LinkedIn - https://www.linkedin.com/in/michal-wach-cpa-ca-2955a37/
Website - https://wachproperties.ca/

Follow & Connect with Josh & Ehren:
Instagram - https://www.instagram.com/bldfinancial
Facebook - https://www.facebook.com/BLDfinancial
YouTube -  https://www.youtube.com/@bldfinancial

DLC National License: 12360

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BLD Financial PodcastBy Bld Financial