In this episode of The Investor's Guide to Joy, Tino Madyara, a seasoned tax professional and real estate investor, shares expert advice on tax strategies for business owners and investors. He highlights the importance of aligning personal and business tax plans to maximize savings, avoid surprises, and navigate complex tax structures. Tino also offers a success story where proactive tax planning saved a business $500,000 during an acquisition, demonstrating the power of strategic decisions in tax management.

Tino Madyara discusses common pitfalls in real estate partnerships, particularly around tax structures and depreciation, and stresses the need for business owners to work closely with a tax professional. Reflecting on his own real estate journey, he encourages investors to find a strategy that aligns with their personal values and long-term goals. This episode provides actionable insights into tax planning, real estate investing, and making informed decisions for financial success.

Highlights of the Podcast

00:08 - Introduction

02:40 - Business Owners' vs. Individuals' Tax Strategies

04:14 - Challenges for Smaller Businesses

07:50 - Success Story: Tax Savings in Acquisitions

09:50 - Advice for Business Owners

12:59 - Real Estate Partnerships and Common Mistakes

15:10 - Working with a Tax Professional

22:26 - Timeline for tax planning

23:50 - Choosing the right tax professional

25:17 - Tino’s real estate investment journey

30:05 - Due diligence and market risks

32:40 - Mindset for investors