Passive Income Pilots

Passive Income Pilots

By Tait Duryea and Ryan GibsonBusinessEntrepreneurshipInvestingCareers
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Passive Income Pilots episodes

  • #120 - How to Evaluate Markets, Properties, and Risks in Real Estate with Derrick Harris

    What separates a solid real estate deal from a costly mistake? In this episode, hosts Tait Duryea and Ryan Gibson welcome Derrick Harris, SVP at Spartan Investment Group, to walk us through the real-world process of evaluating markets, properties, and operational risks. With a portfolio that spans millions of square feet, Derrick shares what works, what doesn’t, and what every investor should know, whether you're going passive or managing properties yourself. From feasibility studies and due diligence to team dynamics and tough lessons learned, this is your inside look at how pros protect investments and build real value.


    Derrick Harris is the Senior Vice President of Portfolio Management at Spartan Investment Group, overseeing nearly 6 million square feet of self-storage across 15 states. With 25 years of experience in the industry, including a pivotal role at SureGuard Self Storage, Derrick brings unparalleled insight into operations, due diligence, and strategic market evaluation. In this episode, he shares what really makes or breaks a real estate investment behind the scenes.


    Show notes:

    (0:00) Intro

    (04:38) Derrick's start in self-storage

    (06:08) Lessons from industry legend Chuck Barbo

    (09:56) Why community engagement matters

    (15:20) Managing out-of-state properties

    (18:37) What a feasibility study looks like

    (21:06) Due diligence: what to inspect

    (26:33) Developing real estate ‘spidey sense’

    (30:31) Derrick's toughest property experience

    (49:01) What to do when due diligence fails

    (59:30) Outro


    Connect with Derrick Harris:

    • Linkedin: https://www.linkedin.com/in/derrickharrismba24 

    —

    If you’re interested in participating, the latest institutional-quality self-storage portfolio is available for investment now at: https://turbinecap.investnext.com/portal/offerings/8449/houston-storage/ 


    —


    You've found the number one resource for financial education for aviators! Please consider leaving a rating and sharing this podcast with your colleagues in the aviation community, as it can serve as a valuable resource for all those involved in the industry.


    Remember to subscribe for more insights at PassiveIncomePilots.com! https://passiveincomepilots.com/ 

    Join our growing community on Facebook: https://www.facebook.com/groups/passivepilots


    Check us out on Instagram @PassiveIncomePilots: https://www.instagram.com/passiveincomepilots/

    Follow us on X @IncomePilots: https://twitter.com/IncomePilots

    Get our updates on LinkedIn: https://www.linkedin.com/company/passive-income-pilots/


    Do you have questions or want to discuss this episode? Contact us at [email protected] 


    See you on the next one!


    *Legal Disclaimer*


    The content of this podcast is provided solely for educational and informational purposes. The views and opinions expressed are those of the hosts, Tait Duryea and Ryan Gibson, and do not reflect those of any organization they are associated with, including Turbine Capital or Spartan Investment Group. The opinions of our guests are their own and should not be construed as financial advice. This podcast does not offer tax, legal, or investment advice. Listeners are advised to consult with their own legal or financial counsel and to conduct their own due diligence before making any financial decisions.


    1 hr
  • #119 - LLCs, Trusts, and Bulletproof Asset Protection with Adam Kintigh

    What if your rental property is a lawsuit away from costing you everything? 


    Tait Duryea connects with asset protection expert Adam Kintigh of Nevada Corporate Headquarters to break down what every investor should know about shielding wealth. From piercing the corporate veil to choosing between LLCs and real estate privacy trusts, this episode covers real risks, smarter structures, and how to avoid costly mistakes. 


    Adam Kintigh is an asset protection strategist with over 24 years of experience, currently with Nevada Corporate Headquarters (NCH). He specializes in forming entities, estate planning, tax and accounting strategies, and business structuring for investors nationwide. Adam is an expert on practical, legally sound frameworks for protecting rental portfolios, drawn from decades of industry knowledge and client success.


    Show notes:

    (0:00) Intro

    (02:15) Most common LLC questions from investors

    (03:06) Guest intro: Adam Kintigh of NCH

    (06:26) Adam’s background and NCH overview

    (10:25) Why Delaware, Nevada, and Wyoming matter

    (13:35) Inside vs. outside liability explained

    (17:15) Piercing the corporate veil risks

    (25:16) What is charging order protection?

    (36:22) Real estate privacy trusts explained

    (44:14) What is fraudulent conveyance?

    (46:15) Bookkeeping for a simplified structure

    (50:53) Outro


    Connect with Adam Kintigh:

    • 📩 Email Adam at: [email protected] and mention Passive Income Pilots to get started.
    • Website: https://nchinc.com

    —

    If you’re interested in participating, the latest institutional-quality self-storage portfolio is available for investment now at: https://turbinecap.investnext.com/portal/offerings/8449/houston-storage/ 


    —


    You've found the number one resource for financial education for aviators! Please consider leaving a rating and sharing this podcast with your colleagues in the aviation community, as it can serve as a valuable resource for all those involved in the industry.


    Remember to subscribe for more insights at PassiveIncomePilots.com! https://passiveincomepilots.com/ 

    Join our growing community on Facebook: https://www.facebook.com/groups/passivepilots


    Check us out on Instagram @PassiveIncomePilots: https://www.instagram.com/passiveincomepilots/

    Follow us on X @IncomePilots: https://twitter.com/IncomePilots

    Get our updates on LinkedIn: https://www.linkedin.com/company/passive-income-pilots/


    Do you have questions or want to discuss this episode? Contact us at [email protected] 


    See you on the next one!


    *Legal Disclaimer*


    The content of this podcast is provided solely for educational and informational purposes. The views and opinions expressed are those of the hosts, Tait Duryea and Ryan Gibson, and do not reflect those of any organization they are associated with, including Turbine Capital or Spartan Investment Group. The opinions of our guests are their own and should not be construed as financial advice. This podcast does not offer tax, legal, or investment advice. Listeners are advised to consult with their own legal or financial counsel and to conduct their own due diligence before making any financial decisions.


    54 min
  • #118 - The Big Beautiful Tax Bill with Nathan Sosa

    Get ready to demystify the 2025 Tax Bill.


    Hosts Tait Duryea and Ryan Gibson sit down with Nathan Sosa, tax strategist at Hall CPA, to uncover what this sweeping legislation really means for pilots and high-income earners. From the return of 100% bonus depreciation to new deductions for auto loans and overtime, Nathan breaks down exactly who benefits and how. Whether you're building passive income or just want to keep more of what you earn, this is required listening.


    Nathan Sosa is a Certified Public Accountant (CPA) with Hall CPA, a firm specializing in real estate tax strategy. As a seasoned tax strategist, Nathan works closely with high-income professionals and investors to navigate complex tax codes and optimize financial outcomes. With expertise in Opportunity Zones, real estate syndications, and tax planning, Nathan empowers clients with proactive strategies to minimize tax liabilities and build wealth.


    Show notes:

    (0:00) Intro

    (02:53) What changed with the 2025 tax bill

    (05:48) Standard deduction increases and simplifications

    (07:42) How earners under $200k benefit

    (15:41) Bonus depreciation back to 100%

    (18:42) New tax-advantaged Trump accounts for kids

    (25:04) SALT cap raised for higher earners

    (30:00) Qualified Small Business Stock (QSBS) updates

    (34:02) Entitlement spending cuts and political tradeoffs

    (38:15) Tax-free overtime up to $300k AGI

    (46:06) Why this bill could supercharge the economy

    (47:00) Outro


    Connect with Nathan Sosa:

    • Book a Discovery Call with Nathan Sosa: https://bit.ly/HallCPA 

    —

    If you’re interested in participating, the latest institutional-quality self-storage portfolio is available for investment now at: https://turbinecap.investnext.com/portal/offerings/8449/houston-storage/


    —


    You've found the number one resource for financial education for aviators! Please consider leaving a rating and sharing this podcast with your colleagues in the aviation community, as it can serve as a valuable resource for all those involved in the industry.


    Remember to subscribe for more insights at PassiveIncomePilots.com! https://passiveincomepilots.com/ 

    Join our growing community on Facebook: https://www.facebook.com/groups/passivepilots


    Check us out on Instagram @PassiveIncomePilots: https://www.instagram.com/passiveincomepilots/

    Follow us on X @IncomePilots: https://twitter.com/IncomePilots

    Get our updates on LinkedIn: https://www.linkedin.com/company/passive-income-pilots/


    Do you have questions or want to discuss this episode? Contact us at [email protected] 


    See you on the next one!


    *Legal Disclaimer*


    The content of this podcast is provided solely for educational and informational purposes. The views and opinions expressed are those of the hosts, Tait Duryea and Ryan Gibson, and do not reflect those of any organization they are associated with, including Turbine Capital or Spartan Investment Group. The opinions of our guests are their own and should not be construed as financial advice. This podcast does not offer tax, legal, or investment advice. Listeners are advised to consult with their own legal or financial counsel and to conduct their own due diligence before making any financial decisions.



    49 min
  • #117 - How to Evaluate and Join Real Estate Syndications

    Ever wonder what happens when you invest in a syndication? In this episode, hosts Tait Duryea and Ryan Gibson break down how real estate syndications work, from deal sourcing and underwriting to legal docs, fees, and investor returns. Learn how passive investors get access to large-scale deals, what to look for in a sponsor, and what happens after you wire the funds. If you're considering a syndication, this is your essential primer.


    Show notes:

    (0:00) Intro

    (03:11) Why syndications open new doors

    (05:02) What is a real estate syndication?

    (07:20) Inside a $102M portfolio deal

    (09:50) How deals are sourced and vetted

    (11:38) Fee structures: who gets what

    (17:13) Key documents: PPM, OA, subscription

    (23:28) How to title your investment

    (29:20) Accreditation: requirements and process

    (37:58) What happens after you invest

    (42:00) Outro


    —


    If you’re interested in participating, the latest institutional-quality self-storage portfolio is available for investment now at: https://turbinecap.investnext.com/portal/offerings/8449/houston-storage/


    —


    You've found the number one resource for financial education for aviators! Please consider leaving a rating and sharing this podcast with your colleagues in the aviation community, as it can serve as a valuable resource for all those involved in the industry.


    Remember to subscribe for more insights at PassiveIncomePilots.com! https://passiveincomepilots.com/ 

    Join our growing community on Facebook: https://www.facebook.com/groups/passivepilots


    Check us out on Instagram @PassiveIncomePilots: https://www.instagram.com/passiveincomepilots/

    Follow us on X @IncomePilots: https://twitter.com/IncomePilots

    Get our updates on LinkedIn: https://www.linkedin.com/company/passive-income-pilots/


    Do you have questions or want to discuss this episode? Contact us at [email protected] 


    See you on the next one!


    *Legal Disclaimer*


    The content of this podcast is provided solely for educational and informational purposes. The views and opinions expressed are those of the hosts, Tait Duryea and Ryan Gibson, and do not reflect those of any organization they are associated with, including Turbine Capital or Spartan Investment Group. The opinions of our guests are their own and should not be construed as financial advice. This podcast does not offer tax, legal, or investment advice. Listeners are advised to consult with their own legal or financial counsel and to conduct their own due diligence before making any financial decisions.


    44 min
  • #116 - Medical Checkride: Medical Myths, Truths, and Tips with Dan Monlux

    What could cost you your flying career? Not being prepared for your medical. 


    Hosts Tait Duryea and Ryan Gibson welcome back Dan Monlux of Wingman Med to discuss how pilots can protect their FAA medical certificates. Dan breaks down what happens during a medical exam, the importance of primary care, and why early detection matters. This is a must-listen for pilots over 40 and anyone serious about staying in the skies.


    Dan Monlux is a retired Navy F-18 pilot and dual-trained physician in family and aerospace medicine. As co-founder of Wingman Med, he now helps pilots navigate complex FAA medical certification issues. With thousands of pilots successfully guided through the process, Dan combines flight experience and deep regulatory insight to keep aviators flying safely and confidently.


    Show notes:

    (0:00) Intro

    (03:29) The one test every pilot over 40 should do

    (06:25) Treat your medical like a checkride

    (08:09) Primary care vs. AME: What's the risk?

    (13:33) EKG tip that can save your exam

    (17:01) Why most AMEs can’t coach you

    (20:43) ADHD, mental health, and new FAA standards

    (26:07) Screening tests to do by age group

    (32:02) MedExpress simulator and application tips

    (36:06) How to access your past FAA medicals

    (50:00) Outro


    Connect with Dan Monlux:

    LinkedIn: https://www.linkedin.com/in/dan-monlux 

    👉 MedExpress Simulator + Consults at Wingman Med: https://wingmanmed.com 


    —

    If you’re interested in participating, the latest institutional-quality self-storage portfolio is available for investment now at: https://turbinecap.investnext.com/portal/offerings/8449/houston-storage/


    —


    You've found the number one resource for financial education for aviators! Please consider leaving a rating and sharing this podcast with your colleagues in the aviation community, as it can serve as a valuable resource for all those involved in the industry.


    Remember to subscribe for more insights at PassiveIncomePilots.com! https://passiveincomepilots.com/ 

    Join our growing community on Facebook: https://www.facebook.com/groups/passivepilots


    Check us out on Instagram @PassiveIncomePilots: https://www.instagram.com/passiveincomepilots/

    Follow us on X @IncomePilots: https://twitter.com/IncomePilots

    Get our updates on LinkedIn: https://www.linkedin.com/company/passive-income-pilots/


    Do you have questions or want to discuss this episode? Contact us at [email protected] 


    See you on the next one!


    *Legal Disclaimer*


    The content of this podcast is provided solely for educational and informational purposes. The views and opinions expressed are those of the hosts, Tait Duryea and Ryan Gibson, and do not reflect those of any organization they are associated with, including Turbine Capital or Spartan Investment Group. The opinions of our guests are their own and should not be construed as financial advice. This podcast does not offer tax, legal, or investment advice. Listeners are advised to consult with their own legal or financial counsel and to conduct their own due diligence before making any financial decisions.



    56 min
  • #115 - Inside Self-Storage: A Hidden Powerhouse for Investors

    Get ready to uncover the secrets of one of commercial real estate’s most resilient and misunderstood asset classes: self-storage. In this in-depth episode, Tait Duryea and Ryan Gibson explore why self-storage continues to outperform in uncertain times, how millennials are transforming storage use, and what makes it such a powerful wealth vehicle for passive investors. They share personal stories, break down tenant behavior, explain how to boost NOI with tenant insurance, and demystify cap rates and value creation. Plus, hear about their upcoming Houston tour where you can walk properties and learn the strategy firsthand.


    Show notes:

    (0:00) Intro

    (4:07) A brief history of self-storage

    (8:52) Sticky tenants and rent increases

    (11:09) Millennials, boomers, and behavior shifts

    (15:06) Business use cases and commercial demand

    (18:43) Automation, kiosks, and virtual support

    (23:02) Recession resistance and industry resilience

    (30:20) Buying from mom and pops

    (35:48) What actually drives cap rate compression

    (43:10) Capital flows and REIT consolidation

    (47:40) Outro


    If you’re interested in participating, the latest institutional-quality self-storage portfolio is available for investment now at: https://turbinecap.investnext.com/portal/offerings/8449/houston-storage/


    —


    You've found the number one resource for financial education for aviators! Please consider leaving a rating and sharing this podcast with your colleagues in the aviation community, as it can serve as a valuable resource for all those involved in the industry.


    Remember to subscribe for more insights at PassiveIncomePilots.com! https://passiveincomepilots.com/ 

    Join our growing community on Facebook: https://www.facebook.com/groups/passivepilots


    Check us out on Instagram @PassiveIncomePilots: https://www.instagram.com/passiveincomepilots/

    Follow us on X @IncomePilots: https://twitter.com/IncomePilots

    Get our updates on LinkedIn: https://www.linkedin.com/company/passive-income-pilots/


    Do you have questions or want to discuss this episode? Contact us at [email protected] 


    See you on the next one!


    *Legal Disclaimer*


    The content of this podcast is provided solely for educational and informational purposes. The views and opinions expressed are those of the hosts, Tait Duryea and Ryan Gibson, and do not reflect those of any organization they are associated with, including Turbine Capital or Spartan Investment Group. The opinions of our guests are their own and should not be construed as financial advice. This podcast does not offer tax, legal, or investment advice. Listeners are advised to consult with their own legal or financial counsel and to conduct their own due diligence before making any financial decisions.


    51 min
  • #114 - Trusts, Taxes & Transfers: What Every Investor Should Know with Amanda Wynalda

    In this episode, hosts Tait Duryea and Ryan Gibson sit down with attorney Amanda Wynalda from Anderson Advisors to unpack everything pilots and high-income earners need to know about trusts, wills, and asset protection. From revocable vs. irrevocable trusts to layering LLCs and avoiding the due-on-sale clause, this episode is a blueprint for protecting your wealth while staying legally compliant. 


    Amanda Wynalda is a licensed attorney and executive at Anderson Business Advisors, where she leads the land trust and deed department. With a background in tax law, estate planning, and a personal history in a multi-generational real estate business, Amanda brings practical and legal expertise to asset protection. She’s also a dynamic speaker, educator, and trusted advisor for high-income professionals looking to protect and structure their wealth.


    Show notes:

    (0:00) Intro

    (04:51) Amanda’s legal and real estate background

    (08:13) Key differences between wills and trusts

    (12:41) Importance of funding your trust properly

    (20:41) Choosing the right trustee and backup

    (23:11) Real estate structure for everyday pilots

    (32:58) Liability risks with and without entities

    (46:17) Protecting your mortgage from acceleration

    (54:28) Outro


    Connect with Amanda Wynalda:

    Website: https://andersonadvisors.com 

    LinkedIn: https://www.linkedin.com/in/amanda-fletcher-wynalda-a1a6373 


    —


    You've found the number one resource for financial education for aviators! Please consider leaving a rating and sharing this podcast with your colleagues in the aviation community, as it can serve as a valuable resource for all those involved in the industry.


    Remember to subscribe for more insights at PassiveIncomePilots.com! https://passiveincomepilots.com/ 

    Join our growing community on Facebook: https://www.facebook.com/groups/passivepilots


    Check us out on Instagram @PassiveIncomePilots: https://www.instagram.com/passiveincomepilots/

    Follow us on X @IncomePilots: https://twitter.com/IncomePilots

    Get our updates on LinkedIn: https://www.linkedin.com/company/passive-income-pilots/


    Do you have questions or want to discuss this episode? Contact us at [email protected] 


    See you on the next one!


    *Legal Disclaimer*


    The content of this podcast is provided solely for educational and informational purposes. The views and opinions expressed are those of the hosts, Tait Duryea and Ryan Gibson, and do not reflect those of any organization they are associated with, including Turbine Capital or Spartan Investment Group. The opinions of our guests are their own and should not be construed as financial advice. This podcast does not offer tax, legal, or investment advice. Listeners are advised to consult with their own legal or financial counsel and to conduct their own due diligence before making any financial decisions.



    1 hr
  • #113 - The Fed, The Treasury, and Your Portfolio with Dr. Peter Linneman

    In this episode, hosts Tait Duryea and Ryan Gibson talk with chief economist Dr. Peter Linneman to demystify interest rates, the national deficit, and how it all affects pilots, real estate investors, and entrepreneurs. Discover why U.S. debt may not be the threat it’s made out to be, how capital flows drive values, and what most people get wrong about inflation and treasury yields. They also unpack commercial real estate's current cycle, the impact of bonus depreciation, and why now might be the smartest time to invest if you know where to look.


    Dr. Peter Linneman is a renowned economist, former Wharton professor, and founder of Linneman Associates. With a PhD from the University of Chicago and decades of experience advising major firms and boards, he is the author of the industry-standard textbook Real Estate Finance and Investments and publisher of the respected Linneman Letter. In this episode, he shares plainspoken economic insight tailored for high-income professionals and investors.


    Show notes:

    (0:00) Intro

    (03:16) Peter Linneman’s background and credentials

    (06:45) Why the deficit fear is overblown

    (09:39) U.S. debt vs. national wealth explained

    (13:18) The real issue: inefficient spending

    (17:46) What pilots should focus on instead

    (23:12) Why U.S. wealth keeps growing

    (28:00) Are we headed into a recession?

    (34:17) Where we are in the real estate cycle

    (39:11) Bonus depreciation and capital flows

    (42:27) Why treasury and Fed rates diverged

    (45:53) Outro


    Connect with Dr. Peter Linneman:

    Website: https://www.linnemanassociates.com 

    LinkedIn: https://www.linkedin.com/in/peterlinneman 


    —


    You've found the number one resource for financial education for aviators! Please consider leaving a rating and sharing this podcast with your colleagues in the aviation community, as it can serve as a valuable resource for all those involved in the industry.


    Remember to subscribe for more insights at PassiveIncomePilots.com! https://passiveincomepilots.com/ 

    Join our growing community on Facebook: https://www.facebook.com/groups/passivepilots


    Check us out on Instagram @PassiveIncomePilots: https://www.instagram.com/passiveincomepilots/

    Follow us on X @IncomePilots: https://twitter.com/IncomePilots

    Get our updates on LinkedIn: https://www.linkedin.com/company/passive-income-pilots/


    Do you have questions or want to discuss this episode? Contact us at [email protected] 


    See you on the next one!


    *Legal Disclaimer*


    The content of this podcast is provided solely for educational and informational purposes. The views and opinions expressed are those of the hosts, Tait Duryea and Ryan Gibson, and do not reflect those of any organization they are associated with, including Turbine Capital or Spartan Investment Group. The opinions of our guests are their own and should not be construed as financial advice. This podcast does not offer tax, legal, or investment advice. Listeners are advised to consult with their own legal or financial counsel and to conduct their own due diligence before making any financial decisions.



    54 min
  • #112 - The Tax Strategies Every Pilot Should Know in 2025 with Thomas Castelli

    In this episode, Tait Duryea and Ryan Gibson welcome CPA Thomas Castelli of Hall CPA to break down the latest tax developments affecting high-income earners. From the potential return of 100% bonus depreciation to how the real estate professional status works in practice, Tom shares key strategies to help you keep more of what you earn. Whether you're flying the line or growing your rental portfolio, this episode delivers practical advice for optimizing deductions, structuring entities, and deciding when to hire a pro vs. going DIY.


    Thomas Castelli is a CPA and partner at Hall CPA, specializing in strategic tax planning for real estate investors and business owners. With deep expertise in real estate professional status, bonus depreciation, and entity structuring, Tom helps high-income earners legally reduce their tax burden. In this episode, he brings timely insights on new legislation and actionable strategies tailored for pilots and investors.


    Show notes:

    (0:00) Intro

    (02:52) Why this tax bill matters

    (03:39) Return of 100% bonus depreciation

    (06:38) Key highlights from the 2017 tax act

    (10:32) Real estate professional status explained

    (15:07) MAGA accounts and standard deduction

    (19:51) Overtime and tip tax exemptions

    (21:51) QBI deduction and entity structuring

    (28:41) When to use a CPA vs TurboTax

    (38:01) Outro


    Connect with Hall CPA: https://bit.ly/HallCPA 

    Hall CPA - Passive Income Pilots 1-1 Tax Strategy Call: https://calendly.com/tax-smart-rei-plus/pip 


    —


    You've found the number one resource for financial education for aviators! Please consider leaving a rating and sharing this podcast with your colleagues in the aviation community, as it can serve as a valuable resource for all those involved in the industry.


    Remember to subscribe for more insights at PassiveIncomePilots.com! https://passiveincomepilots.com/ 

    Join our growing community on Facebook: https://www.facebook.com/groups/passivepilots


    Check us out on Instagram @PassiveIncomePilots: https://www.instagram.com/passiveincomepilots/

    Follow us on X @IncomePilots: https://twitter.com/IncomePilots

    Get our updates on LinkedIn: https://www.linkedin.com/company/passive-income-pilots/


    Do you have questions or want to discuss this episode? Contact us at [email protected] 


    See you on the next one!


    *Legal Disclaimer*


    The content of this podcast is provided solely for educational and informational purposes. The views and opinions expressed are those of the hosts, Tait Duryea and Ryan Gibson, and do not reflect those of any organization they are associated with, including Turbine Capital or Spartan Investment Group. The opinions of our guests are their own and should not be construed as financial advice. This podcast does not offer tax, legal, or investment advice. Listeners are advised to consult with their own legal or financial counsel and to conduct their own due diligence before making any financial decisions.



    48 min
  • #111 - Five Investing Strategies for High-Earning Pilots

    Get ready to fast-track your financial freedom. In this power-packed solo episode, Tait Duryea and Ryan Gibson share the top strategies from over 110 episodes of Passive Income Pilots. From unlocking hidden cash in your 401(k) and home equity to leveraging life insurance and short-term rentals for major tax breaks, they distill years of pilot-specific investing wisdom into five key pillars. You’ll learn about real estate professional status, cost segregation, bonus depreciation, syndications, and which CPA you need. Whether you’re just starting or optimizing your path to passive income, this episode is your blueprint.


    Show notes:

    (0:00) Intro

    (1:59) Five investing categories for pilots

    (3:38) Finding cash to invest smartly

    (4:59) Whole life insurance and infinite banking

    (10:17) 401(k) loans and strategic borrowing

    (19:31) The short-term rental loophole explained

    (24:53) Real estate professional (REP) status breakdown

    (31:03) Cost segregation and bonus depreciation

    (40:20) Outro


    Connect with Hall CPA: https://bit.ly/HallCPA

    Hall CPA - Passive Income Pilots 1-1 Tax Strategy Call: https://calendly.com/tax-smart-rei-plus/pip


    Episodes mentioned:


    #11 - How To Succeed In This High Interest Environment

    #14 - Depreciation Demystified: Cost Segregation and Tax Savings in Real Estate with Toby Mathis

    #23 - Counting the Cost: The Risks and Rewards of 401(k) Loans for Pilots

    #36 - Decoding the Untapped Potential and Complex World of Self-Directed IRAs with Derreck Long

    #44 - Mastering Year-End Tax Strategies: From IRA Conversions to Short-Term Rental Loopholes

    #47 - Innovative Wealth Strategies: From Life Insurance to Alternative Investing with Christian Allen and Rod Zabriskie

    #70 - Leveraging Life Insurance for Passive Income with Rod Zabriskie and Blake Brogan

    #71 - 5 Creative Ways To Find Investment Cash

    #74 - The Inside Track: Mastering Real Estate Syndications for Long-Term Success

    #75 - Unlocking Real Estate Professional Status (REPS) with Brandon Hall

    #82 - From LLCs and HSAs to Roth IRAs: Mastering Wealth Protection with Mark Kohler

    #84 - Tax-Free Growth & Infinite Loans: Whole Life Insurance Strategies for High-Earners

    #85 - Cost Segregation: The Tax Strategy You Can’t Afford to Ignore with Erik Oliver

    #108 - Case Study: Real Estate Professional Status That Held Up in Court with Brandon Hall

    #110 - The IRA Club Advantage: The Self-Directed IRA Strategy for Pilots with Ramez Fakhoury



    —


    You've found the number one resource for financial education for aviators! Please consider leaving a rating and sharing this podcast with your colleagues in the aviation community, as it can serve as a valuable resource for all those involved in the industry.


    Remember to subscribe for more insights at PassiveIncomePilots.com! https://passiveincomepilots.com/ 

    Join our growing community on Facebook: https://www.facebook.com/groups/passivepilots


    Check us out on Instagram @PassiveIncomePilots: https://www.instagram.com/passiveincomepilots/

    Follow us on X @IncomePilots: https://twitter.com/IncomePilots

    Get our updates on LinkedIn: https://www.linkedin.com/company/passive-income-pilots/


    Do you have questions or want to discuss this episode? Contact us at [email protected] 


    See you on the next one!


    *Legal Disclaimer*


    The content of this podcast is provided solely for educational and informational purposes. The views and opinions expressed are those of the hosts, Tait Duryea and Ryan Gibson, and do not reflect those of any organization they are associated with, including Turbine Capital or Spartan Investment Group. The opinions of our guests are their own and should not be construed as financial advice. This podcast does not offer tax, legal, or investment advice. Listeners are advised to consult with their own legal or financial counsel and to conduct their own due diligence before making any financial decisions.



    45 min

About Passive Income Pilots

From the publisher's feed

Welcome to the Passive Income Pilots Podcast – the show designed to help pilots climb to new levels of financial success.

Join Tait Duryea & Ryan Gibson, both airline pilots,…

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