Garrett Griffin is a wealth strategies attorney, a JD with an LLM in tax, and one of roughly 18 deferred sales trust trustees in the country. On this episode, host Abel Pacheco and Garrett make the case that tax is not a fixed bill, it is engineered.
In this episode:
- The core move on a highly appreciated asset: instead of paying the gain, sell to an independent trust for a promissory note under Section 453, so "when I initially have that sale, it's not a tax recognized event."
- The punchline: defer the tax for 10 years or more and "I just got a tax free loan from the government, tax free and interest free."
- The honest caution: the trust "is not an elimination technique. It does not make it disappear."
- Garrett's frame for wealth: creation, protection, preservation, with tax engineering running through all three.
- Abel's discipline: "I hire experts around me to help me make the right plays," because you don't know what you don't know.
Abel Pacheco is a San Antonio real estate operator who went from 8 single family houses to a share of roughly 1,500 apartment doors, and now works as a fractional Chief AI Officer helping small and mid sized businesses put the back office on autopilot.
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