Justin Colby

Like, just get going in real estate.

Like, just get going in real estate.

We go, all right, whatever. I'm just going to cut the check. No negotiating. By the way, Pete, the people that pay taxes outright, my accountant agrees with me, but I think they're nuts. I've owed in my history of being an entrepreneur, a lot of money to the IRS. I no longer do that. You can get out of it. Because of ass outs, right? And it's legal.

We go, all right, whatever. I'm just going to cut the check. No negotiating. By the way, Pete, the people that pay taxes outright, my accountant agrees with me, but I think they're nuts. I've owed in my history of being an entrepreneur, a lot of money to the IRS. I no longer do that. You can get out of it. Because of ass outs, right? And it's legal.

And it's literally, I'm just playing by the rules. It's a game. My previous guest taught, I'm playing by the rules. But I say that because even if you have a tax debt, Negotiate it. They will take payments.

And it's literally, I'm just playing by the rules. It's a game. My previous guest taught, I'm playing by the rules. But I say that because even if you have a tax debt, Negotiate it. They will take payments.

Why would you ever just cut a check? Well, there's an interest rate associated with their payment program. Yeah, but who cares? Why do you want to cut a $100,000 check, for example?

Why would you ever just cut a check? Well, there's an interest rate associated with their payment program. Yeah, but who cares? Why do you want to cut a $100,000 check, for example?

And if you buy another rental with that $100,000 and the rental has a bigger payday to create a difference between the 1% they're charging you, guys, again, I don't want to take the episode. I don't want you to talk about it, but I'm just like... There's just so many upsides to this.

And if you buy another rental with that $100,000 and the rental has a bigger payday to create a difference between the 1% they're charging you, guys, again, I don't want to take the episode. I don't want you to talk about it, but I'm just like... There's just so many upsides to this.

The downside risk I'm going to really now that I'm talking about again, even with you and your levels smarter than I am. Right. Yeah. I just people need to know that like there's going to be hard times. You talked about Trump's going to create some hard times for people. Oh, there's going to be some all of us. Right.

The downside risk I'm going to really now that I'm talking about again, even with you and your levels smarter than I am. Right. Yeah. I just people need to know that like there's going to be hard times. You talked about Trump's going to create some hard times for people. Oh, there's going to be some all of us. Right.

Well, we're going to have to make decisions like, damn, I didn't see us having to make that decision. When you have assets, it helps that downside.

Well, we're going to have to make decisions like, damn, I didn't see us having to make that decision. When you have assets, it helps that downside.

Right. I mean, they may not start that way.

Right. I mean, they may not start that way.

Let's go into your subject. It is brilliant. You are an expert at it. I've seen you speak on stage and keynote over it. Sure. Let's talk about it.

Let's go into your subject. It is brilliant. You are an expert at it. I've seen you speak on stage and keynote over it. Sure. Let's talk about it.

Inflation-induced debt destruction.

Inflation-induced debt destruction.