Grow Tax Free Wealth Through Real Estate - Paden Squires and Lily Patrascu

Entrepreneur Shares How To Grow Tax Free Wealth Through Real Estate - Paden Squires and Lily Patrascu Paden Squires has helped investors offset up to $200,000 in taxes in a single year using advanced real estate tax strategies. He is the founder of Squires Tax Planning and guides entrepreneurs in growing their property portfolios while legally minimizing taxes. Paden Squires teaches how short-term rental income can be reclassified as active, allowing paper losses like cost segregation to offset W-2 and business income. He also advises leveraging real estate professional status, reinvesting continuously, and using HELOCs for fast access to capital. His focus is on proactive, year-round planning, not just tax preparation.About The GuestI'm Paden Squires CPA, CFP®, and entrepreneur. I started my first tax firm out of my living room with zero public accounting experience and have since built a successful business helping entrepreneurs simplify taxes and create real wealth. I'm passionate about making financial strategy approachable and showing business owners how to think bigger, scale smarter, and keep more of what they earn. I also host the podcast Behind Their Success, where I share stories and lessons from bold entrepreneurs creating lives on their own terms.For More Info About Paden Squires, visit: Website: https://www.squirestaxplanning.com Personal Site: https://www.padensquires.com Instagram: https://www.instagram.com/padensquires Facebook: https://www.facebook.com/profile.php?id=100089855132002 LinkedIn: https://www.linkedin.com/in/paden-squires-cpa-cfp-19681a1a YouTube: https://www.youtube.com/@PadenSquires Apple Podcasts: https://podcasts.apple.com/us/podcast/behind-their-success-advice-for-entrepreneurs/id1723352366 Spotify Podcast: https://open.spotify.com/show/2sXtqL6QHmDykXRJRFX71W?si=1760bcbc08dc4130&nd=1&dlsi=a1622ac901c2497a Timestamp 00:00:00 Introduction to Tax-Free Wealth through Real Estate 00:00:04 Guest Introduction: Peyton Squires 00:00:11 Peyton's Mission 00:00:22 Ad Break 00:01:15 Real Estate Education and Strategy 00:02:23 Short-Term Rentals and Tax Advantages 00:03:34 Cost Segregation Strategy 00:06:57 Real Estate Professional Status and Tax Benefits 00:11:26 Leveraging Debt for Investment 00:14:34 International Investors and Real Estate in the U.S. 00:20:56 Building Relationships with Banks 00:23:28 Conclusion and Contact Information About The Host Lily Patrascu is an ultra-creative book publisher and personal brand strategist for thought leaders, CEOs, luxury influencers. As an influencer, bestselling author, copywriter, global speaker, she supports busy entrepreneurs to find their message and share it with millions of people. Feel free to connect with me or find out more about my book publishing/influential entrepreneur events/speaking/ projects here: https://linktr.ee/lilypatrascu & www.lily.global I am launching a few collaborative books: on property wealth strategies, confidence, millionaire secrets, health tools, AI, and seeking influencers with large communities to promote their expertise with the books. I can help you write/ghostwrite and publish your books in 90 days. Message me (Lily) on +447557351222 to collaborate. If you want to be featured on this podcast, and you're a successful entrepreneur able to share about how you grew your company, book your spot here: www.lily.global/podcast - *********************************************************** Getting featured is free. 🎧 Listening is free. But creating this podcast takes time, energy, and resources. If you’d like to support Lily’s mission to inspire people worldwide, contribute here: https://support.lily.global/e/propertywealthstrategiespodcast Your support keeps the Property Wealth Strategies Podcast alive and growing. *********************************************************** IMPORTANT: Earnings and Legal Disclaimers We don’t believe in get-rich-quick programs or guarantees of specific outcomes. We believe in hard work, adding value, and serving others, and our programs are designed to help you achieve those goals. As stated by law, we cannot and do not make any guarantees regarding your ability to achieve financial results, earn money, or improve your health using our ideas, information, programs, or strategies. Your success depends on your own efforts, skills, and circumstances, which are beyond our control. We are here to support you by sharing our strategies to help you progress, but nothing on this page, any of our websites, videos, marketing materials, or in our emails constitutes a promise or guarantee of future earnings, financial outcomes, or health improvements. Any financial or health-related examples, estimates, projections, or past results referenced are for illustrative purposes only and reflect the views of the hosts and guests. They should not be considered as exact, actual, or assured results. If you have any questions, please contact us at [email protected]. Welcome to the Property Wealth Strategies Podcast, hosted by Lily Patrascu! This podcast is your go-to resource for expert insights into the world of property investment, property management, and wealth-building strategies. Each episode features in-depth conversations with top industry professionals who share their expertise, success stories, and actionable tips to help you navigate the dynamic property market.