5 Talents Podcast - How To Build Wealth Through Real Estate
Welcome to the 5 Talents Podcast - How To Build Wealth Through Real Estate. Your host Abel Pacheco interviews real estate investors, wealth managers, syndicators, operators, and other wealth management strategists. If you’re a top earner in your field, an accredited investor and focused on building wealth through real estate... then this podcast is for you.
Abel served his local church for nearly 10 years as a deacon and finance board member and now combines his passion for real estate investing, professional successes, faith, leadership, and core beliefs to serve his investment community.
If you want to learn what other multi-millionaires, wealth managers, and surrounding industry experts are doing to build and preserve wealth... then this podcast is for you.
www.5Talents.Capital
5 Talents Podcast - How To Build Wealth Through Real Estate
Keith Blackborg - Self-Made Millionaire by Age 30; Advanced Wealth & Tax Strategies for Passive Investors
Keith Blackborg, CPA reached financial freedom within 10 years from his successes as an investor and tax strategist. He began his career at Deloitte, a Big Four International Accounting Firm and later started his own firm serving high net worth real estate investors, including nationally recognized apartment influencers.
He mastered complex tax strategies allowing clients to legally save ~5-10% of their income in taxes each year. His personal investing experience, deep tax knowledge, wide network and breadth of industry expertise allowed him to mentor clients in business, making their whole operation more efficient and profitable.
Listen to Keith to learn advanced wealth and tax strategies for passive investors!
[00:01 - 07:53] Opening Segment
- Let’s get to know Keith Blackborg
- The importance of having a supportive community around you
[07:54 - 12:12] The Best Piece of Advice You Will Hear Today
- Keith shares the story of how he found himself in real estate
- This might be your path too!
- Don’t miss Keith’s best piece of advice
- You can apply it in any industry
- What you should realize about the power of referrals
[12:13 - 17:48] Wealth-Building Tips For You
- Keith tells us about separating work from personal life
- He talks about his mindset shift about building wealth
- Align your vision with your spending
- Here’s why
[17:49- 27:33] Tax Benefits You Should Know Now
- How to build a business that you can sell
- How to get the most out of your 401(k)
- Keith reveals his secrets
- The difference between pre-tax and post-tax
[27:34- 37:45] Manipulating Your Tax Strategy Legally
- Solo 401(k) vs. Self-Directed IRA
- Which should you choose?
- Listen to Keith’s approach on having lower valuations
- How to “legally manipulate” your tax strategy
[37:46 - 45:52] Closing Segment
- Connect with Keith
- Links below
- Tax strategist vs. CPA
- Is there a difference?
- Final words from Keith and me
Tweetable Quotes:
“Look at all the different ways you can add value.” - Keith Blackborg
“I’d rather help you make history than simply record history.” - Keith Blackborg
Resources mentioned:
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Connect with Keith on LinkedIn or walk with him at Financial Journey to start building your wealth!
Guest email: keith@financialjourney.life
Connect with me:
https://www.5tcre.com/
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Email us --> abel@5tcre.com