How the Wealthy Pay $0 Taxes (Legally) : Tax-Free Wealth Strategies | Carter Cofield & George Acheampong E426

20 Nov 2025 • 60 min • EN
60 min
00:00
01:00:11
No file found

Most people think taxes are unavoidable — but the wealthy know better. In this episode, Rich sits down with Carter Cofield and George Acheampong to break down the exact frameworks high-net-worth individuals use to legally shrink their tax bill to zero. No shady loopholes. No gray-area tricks. Just straight strategy backed by the tax code itself. You’ll learn why self-rentals are one of the most slept-on write-offs for business owners, how the buy-borrow-die model keeps billionaires from ever triggering taxable events, and how short-term rentals and boutique hotels can legally offset W-2 income — even if only one spouse qualifies as a real estate professional. The guys go deep on trusts, HSA stacking, hiring your kids, private jets, boats, film credits, and the Augusta Rule… with real numbers behind every move. This episode exposes how America’s tax system actually works — and how ordinary earners can start playing the same wealth game as the 1%. If you’ve ever wondered why some people seem to build wealth effortlessly while others stay capped, this conversation is the difference. Tap in. Your accountant is going to hate how much smarter you get after this one. Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest. Want to join our Boutique Hotel Mastermind Community? Book a free strategy call with our team: www.hotelinvesting.com. If you"re committed to scaling your personal brand and achieving 7-figure success, it"s time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.

From "The Rich Somers Report"

Listen on your iPhone

Download our iOS app and listen to interviews anywhere. Enjoy all of the listener functions in one slick package. Why not give it a try?

App Store Logo
application screenshot

Popular categories