Life Changing Money with Barbara Schreihans

The Tax Strategy That Saved My Clients Over $75,000 This Year


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Welcome to another episode of the Life Changing Money podcast!

This episode was packed with one of my favorite topics—how real estate can transform your business revenue into lasting wealth. As a business owner, you're already making money… Now it's time to make that money work harder for you. I broke down the tax strategies that have saved my clients tens of thousands of dollars, from self-rental rules to cost segregation to home office deductions. Real estate isn’t just an investment, it’s a tool to lower your tax bill, build equity, and create generational wealth. And no, you don’t need to have it all figured out or even start big… Just get started.

If you’re serious about keeping more of your income and multiplying your assets, this episode was made for you.

📢 Don’t forget to Join the waitlist for Write Off Your Real Estate 2025!

In this episode, I pulled back the curtain on exactly how real estate becomes the ultimate tax strategy for business owners who want to build generational wealth:

  • Revenue ≠ Wealth: I explain why making money isn't enough—you need to convert that income into appreciating, income-generating assets like real estate to truly build wealth.
  • Dual-Purpose Power: Real estate works in two ways—it saves you money on taxes and grows your net worth through appreciation, cash flow, and loan leverage.
  • Start with What You Own: You don’t need a ton of capital to begin—turning your current home into a rental, tapping into your equity, or using a HELOC (Home Equity Line of Credit) are all smart entry points.
  • Tax Savings Strategies: I walk through home office deductions, rental property write-offs, and the powerful self-rental aggregation election that can save you tens of thousands by applying real estate losses to active business income.
  • Cost Segregation = Game Changer: Most real estate investors miss this—getting a cost seg study on your property can unlock massive depreciation in year one, which means instant tax savings.

How To Get Involved:

Life-Changing Money is a podcast all about money. We share stories of how money has impacted and radically changed the lives of others—and how it can do the same for you.

Your host, Barbara Schreihans (pronounced ShREE-hands) is the founder and CEO of Your Tax Coach, and the creator of the Write Off Your Life Course. She is a top tax strategist, business coach, and expert in helping business owners and high-net-worth individuals save millions in taxes while increasing profits.

When she’s not leading her team, coaching clients, or dreaming up new goals for her company, you can find her drinking coffee, hanging out with her family, and traveling the world.

Grab a cup of coffee and become inspired as we hear from those who have overcome and are overcoming their self-limiting beliefs and money mindsets!

Do you have a burning question that you’d love to hear answered on a future show?

Please email it to: [email protected]

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Life Changing Money with Barbara SchreihansBy Barbara Schreihans

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