meta_pixel
Tapesearch Logo
Log in
The Art of Passive Income

Reaping The Rewards Of The Savings On Taxes

The Art of Passive Income

Mark Podolsky

Howtobecomearealestateinvestor, Taxlieninvesting, How To, Entrepreneurship, Bestwaytostartinvestinginrealestate, Education, Passiveincome, Bestwaytoinvestinrealestate, Taxlienproperties, Taxliensales, Howtomakemoneyinrealestate, Taxlienpropertiesforsale, Passiverealestateincome, Makingmoneyfromrealestate, Bestrealestateinvestments, Howtobuytaxlienproperties, Business, Realestate, Propertytaxliens, Startingarealestatebusiness, Investing

5 • 681 Ratings

🗓️ 4 October 2018

⏱️ 32 minutes

🧾️ Download transcript

Summary

In today’s episode of The Art of Passive Income, Mark and Scott talk with Tyler Sheff, CEO of CashFlowGuys.com—where the goal is to simplify the process of buying and selling real estate. His company aims to educate their clientele in investing in real estate and building long-term wealth. The Cash Flow Guys provides their clients with the necessary tools to succeed as a real estate investor from the ground up.   Tyler shares a bit of his backstory starting with house flipping 20 years ago before TV had popularized it with the HGTV shows. His plan was to get rich flipping houses until Uncle Sam stepped in and demanded his cut of the capital gains. Fast forward a few years, he’s now working for the Government and making great money, but Uncle Sam is still taking his share of income taxes. So Tyler googled how he can legally reduce his tax bill and that search led him back to real estate, to buy and hold properties. But, Tyler who was now accustomed to a certain lifestyle knew that he couldn’t scale fast enough on single family homes and decided that multifamily of 5-50 doors made more sense for him. If I want to change how I am taxed I simply need to change how I  generate income. Today, Tyler shares his multifamily real estate strategy with us and why he focuses on Mom & Pop properties where, like in land, he finds the opportunities in the due diligence process. Also, find out: Tyler’s strategy to leverage the equity for a tax-free payday His sweet-spot for private money As a realtor, why he takes his commision on notes The downside to his model And, so much more! This podcast is a wealth of information, listen in for all the details! TIP OF THE WEEK Mark: Learn more about Tyler by going to his website at CashFlowGuys.com. Scott:  Read, Thinking, Fast and Slow by Daniel Kahneman. Tyler: Take action and invest for cash flow. Don't invest on piles, invest in streams. Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

Transcript

Click on a timestamp to play from that location

0:00.0

Do you have solo economic dependency?

0:03.2

That is, if you aren't working, you aren't making money.

0:06.6

The art of passive income podcast is the solution.

0:10.3

Discover passive income models so you can enjoy life on your own terms.

0:15.2

Let freedom ring.

0:17.6

Hey, it's Mark Podolsky, The Geek with their favorite niche real estate website,

0:21.9

www. www.com.

0:25.5

And I'm really excited to talk about today's guests because I love talking about cash flow.

0:30.9

But before we talk to our guests, I'd be remiss if I didn't properly introduce my co-host,

0:37.2

Six Sigma. You know him, you love him,

0:39.6

Scott Todd from Scottodot.net, landmoto.com. And most importantly, if you're not automating

0:46.9

your Craigslist and your Facebook postings, postingdomination.com forward slash the land geek scott how are you mark i'm great

0:57.4

how are you i'm jealous of you yeah yeah i can understand that yeah one of us has a pilot's license

1:04.7

and one of us doesn't yeah i wonder who that is one of us can fly like an eagle and one of us can't

1:10.5

one of us can't.

1:13.7

One of us is a ground like contained on the ground, right?

1:14.8

Yeah.

1:15.4

That's okay.

1:17.1

Landlocked too, by the way.

1:18.0

Not like, landlocked.

1:18.7

Not like me or our guest today who has access to like beautiful water.

1:25.8

Well, it's paradise, Scott.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Mark Podolsky, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Mark Podolsky and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.