In this episode of The Key to the City of Angels, host Rick Albert welcomes Paden Squires, founder of Squires Tax Planning, to discuss tax strategies for high-income earners in Los Angeles. Paden shares his journey from Missouri to California and how he turned his passion for money and taxes into a thriving tax planning business. They dive into the latest tax legislation, strategies like 1031 exchanges, cost segregations, and the importance of proactive tax planning for both real estate investors and entrepreneurs. Paden explains how tax planning can be a game-changer in securing long-term financial success.
🎧 Hosted by: Rick Albert
👤 Guest: Paden Squires – Founder of Squires Tax Planning
Paden Squires, CPA and CFP®, is the founder of Squires Tax Planning, specializing in proactive tax strategies for high-net-worth individuals and business owners. Recognized in 2024 as one of Columbia, Missouri’s "20 Under 40," he also hosts the podcast Behind Their Success, sharing entrepreneurial insights and success stories.
💡 What You’ll Learn:
✔️ Why proactive tax planning is crucial for high-income earners
✔️ Key strategies for reducing tax liabilities, including 1031 exchanges and cost segregations
✔️ How to leverage Opportunity Zones to eliminate capital gains tax
✔️ The difference between active and passive income and their tax implications
✔️ When an S-Corp might be a valuable structure for real estate investors
🎬 Whether you're a seasoned investor or an entrepreneur navigating high taxes, this episode offers insightful strategies to minimize your tax burden and maximize your wealth — tune in and take control of your financial future!
📇 Connect with Paden Squires:
🌎 Website → www.padensquires.com
📘 Facebook → https://www.facebook.com/people/Paden-Squires/100089855132002/
📷 Instagram → https://www.instagram.com/padensquires/
🎙 Follow Rick Albert:
🌎 Website → https://rickalbertonline.com/
📘 Facebook → https://www.facebook.com/RickBAlbert/
📷 Instagram →https://www.instagram.com/rickbalbert/?hl=en
🔗 LinkedIn → https://www.linkedin.com/in/rickbalbert/
💎 Produced by Icons of Real Estate
