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Board-Certified Financial Planner Mario Payne breaks down how the wealthy structure money, taxes, and estate plans — and how you can use the same playbook: LLC vs S-Corp, cost segregation, Augusta Rule, hiring your kids, leveraging debt, AI automation, and why 93% of people overpay taxes. He also shares the $4M corporate save that earned him… a pizza party (and why it pushed him into entrepreneurship).
What you’ll learn
- The tax strategist vs CPA difference (and why refunds ≠ a win)
- Smart entity structure: LLC, S-Corp, Partnership, C-Corp
- Real estate moves: cost segregation & accelerated depreciation
- Augusta Rule, hiring your kids, oil & gas deductions
- Estate planning 101: trust vs will vs power of attorney
- Scaling with AI + VAs (75% productivity boost)
- The mindset shift from hustle → purpose & systems
Chapters
- 00:00 Intro: Who is Mario Payne?
- 01:14 The problem: 93% overpay taxes
- 02:52 College → internship → military → near-death pivot
- 04:11 GE: saved $4M → got a pizza party
- 05:31 Leaving corporate → door-to-door advisor in a recession
- 08:52 Starting the firm: buying the building w/ SBA (veteran, 0% down)
- 10:29 Framework: keep expenses low, leverage debt, grow slow
- 12:38 2025 team: 14 staff, AI automations = +75% productivity
- 14:08 “ChatGPT-5 is crazy” — personal VAs for the team
- 15:16 AI & jobs: why you must lean in
- 19:33 Internet “trolls,” compliance & myth-busting
- 24:14 Managing $1M vs $5M: allocations vs tax conversations
- 27:15 Tax strategist vs CPA — aim for $0 taxes, not refunds
- 29:05 Section 162 and “ordinary & necessary” expenses
- 31:14 Documentation & piercing the corporate veil
- 39:22 Best entity setup for entrepreneurs (LLC → S-Corp → C-Corp)
- 42:14 Real estate: cost seg & accelerated depreciation (27 yrs → 5 yrs)
- 44:27 Estate planning: trust, will, POA (and why probate is brutal)
- 45:09 Mario’s AI-powered estate platform
- 56:25 Worst mistake: buying a semi-truck without a mentor
- 1:00:12 Client behavior & spending discipline
- 1:01:34 How to work with Mario + resources
Follow the guest: https://www.instagram.com/paynefulprofits/
Challenge Link: https://therelaxinvestor.com/
Mastermind Link: https://therelaxestate.com/
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166 episodes