Rudy Mawer
👤 PersonAppearances Over Time
Podcast Appearances
Yeah, so let's break it down. You know, that was fast. Sounds great. How do they, like, where do they go from here? How do they start?
Yeah, so let's break it down. You know, that was fast. Sounds great. How do they, like, where do they go from here? How do they start?
Yeah, so let's break it down. You know, that was fast. Sounds great. How do they, like, where do they go from here? How do they start?
Next question. Just quickly, I know we got some more time and we can talk a couple more bits, but let's talk about write-offs, right? Because what I think with write-offs that are interesting is that, and this used to be the same for me, to an entrepreneur, that was like, that's the way you optimize your tax strategy. Yeah, yeah.
Next question. Just quickly, I know we got some more time and we can talk a couple more bits, but let's talk about write-offs, right? Because what I think with write-offs that are interesting is that, and this used to be the same for me, to an entrepreneur, that was like, that's the way you optimize your tax strategy. Yeah, yeah.
Next question. Just quickly, I know we got some more time and we can talk a couple more bits, but let's talk about write-offs, right? Because what I think with write-offs that are interesting is that, and this used to be the same for me, to an entrepreneur, that was like, that's the way you optimize your tax strategy. Yeah, yeah.
the sake of it, you know, not the sake of it, but you're buying it and maximizing write-offs. And I think then you, when you get to more of an advanced level, you realize, you know, that's not the most advanced way to lower your tax bill. So can you kind of talk about that?
the sake of it, you know, not the sake of it, but you're buying it and maximizing write-offs. And I think then you, when you get to more of an advanced level, you realize, you know, that's not the most advanced way to lower your tax bill. So can you kind of talk about that?
the sake of it, you know, not the sake of it, but you're buying it and maximizing write-offs. And I think then you, when you get to more of an advanced level, you realize, you know, that's not the most advanced way to lower your tax bill. So can you kind of talk about that?
I think the write-offs are key, but people almost like, I feel, buy more stuff randomly just to write it off. Okay, yeah. And all the other tax options is what I'm trying to say.
I think the write-offs are key, but people almost like, I feel, buy more stuff randomly just to write it off. Okay, yeah. And all the other tax options is what I'm trying to say.
I think the write-offs are key, but people almost like, I feel, buy more stuff randomly just to write it off. Okay, yeah. And all the other tax options is what I'm trying to say.
Good. And last one, you led into it a little. Let's talk about retirement and savings and those sort of things.
Good. And last one, you led into it a little. Let's talk about retirement and savings and those sort of things.
Good. And last one, you led into it a little. Let's talk about retirement and savings and those sort of things.
Yeah, great. And so there's that. There's obviously you can invest there. There's a second way to invest, right? You can put more in each year. I can't remember what it's called. Oh, yeah.
Yeah, great. And so there's that. There's obviously you can invest there. There's a second way to invest, right? You can put more in each year. I can't remember what it's called. Oh, yeah.
Yeah, great. And so there's that. There's obviously you can invest there. There's a second way to invest, right? You can put more in each year. I can't remember what it's called. Oh, yeah.
And it's about $70,000, right? The 401k. Yeah. In a mega backdoor Roth this year, I can put away $70,000 to $85,000, depending on your age, and call it all Roths.
And it's about $70,000, right? The 401k. Yeah. In a mega backdoor Roth this year, I can put away $70,000 to $85,000, depending on your age, and call it all Roths.