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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