Mailbox Money Show

Pay Zero Tax - Secrets for High Earners – Eric Shelly


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If you’re a frequent listener and seasoned investor, you understand that it’s essential to plan for taxes in wealth building. But what are some of the ways that high earners can really decrease their taxes or actually pay zero taxes? It almost sounds too good to be true. In today's episode, Eric shares how he went from 32 years as a dentist to running a very unique syndicated investment in the energy space. He breaks down the new technology of carbon capture and the dynamics in this investment area that you can take advantage of. We'll define other energy investments and what tax strategies you could use if you're an investor. Find out how it's possible to really reduce your taxes to zero.


In this episode, we explore:

01:35 – 32 years as a dentist to real estate
05:09 – From private lending and rentals to syndication   
08:35 – The tax benefits of the energy space
10:47 – Carbon Capture Tech: Oil drilling without the drilling
14:43 – Getting a two-to-one tax write-off
17:23 – Income tax on bonus depreciation
18:01 – Investing as a general partner
21:41 – Similar investments in the energy space
23:03 – Tax deduction from depletion allowance
25:10 – Educating yourself on these investments
27:02 – The dark horse change: rates and inflation

Connecting with the Guest:

Website: https://freedomimpactconsulting.com/invest-with-us/

#taxdeduction
#carboncapture
#realestate

...more
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