Understanding Taxes: Tips and Strategies for Minimization
Earn Your Leisure
iHeartPodcasts
4.9 • 7.9K Ratings
🗓️ 22 April 2026
⏱️ 10 minutes
🧾️ Download transcript
Summary
Ms. Business break down the "Augusta Rule" for modern business owners. You are legally allowed to rent your primary home to your own company for 14 days completely tax-free.
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Transcript
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| 0:00.0 | This is an IHeart podcast. |
| 0:02.5 | Guaranteed human. |
| 0:04.4 | No gloss, no filter. |
| 0:07.4 | Just stories. |
| 0:09.1 | Spoken without fear. |
| 0:10.9 | Person who is not generous can not be an artist. |
| 0:13.8 | The world will be at peace only when it is ruled by poets and philosophers. |
| 0:18.4 | Listen to my weekly podcast, the Pooja Bhats showad show on the I Heart Radio app, Apple Podcasts, or wherever you get your podcasts. |
| 0:27.3 | Come for the honesty. |
| 0:29.2 | Stay for the fire. |
| 0:33.0 | I want people to also think about what are the things that you have to do or the investments |
| 0:37.7 | that you have to make in order to help you, you know, live tax free. |
| 0:42.0 | The same thing goes with investing in the stock market. |
| 0:44.8 | It's passive. |
| 0:45.9 | It has a lower tax rate. |
| 0:47.2 | So even if you put your money, if you made the exact same money in the stock market that |
| 0:53.6 | you made in W2 income you would be paying |
| 0:58.0 | like a much lower tax rate like i just told you guys somebody could have a gain a married couple |
| 1:03.2 | could have a gain in the stock market of 90 000 they would have to pay zero taxes but |
| 1:08.6 | if they had a if they made w2 income they would be looking at on taxes. While if they had a, if they made W-2 income, |
| 1:11.6 | they would be looking at on the federal side alone, |
| 1:13.6 | about 25% in taxes, right? |
... |
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