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#170 Million Dollar Tax Hack (For Trades Businesses)
Episode 170
Published 9 hours ago
Description
On this episode of the Jered Williams Show, Tim Byrd explains a simple tax trick for plumbers: Create your own warranty company. Charge $400/job, send it there tax-free (up to $2.9M/year), use it for fixes, and watch cash pile up fast—like $600K in yearly becomes $1M+ after 2 years of low claims. Borrow it back anytime (deduct the interest), invest extras, or cash out at just 20% tax. They handle all paperwork. Perfect if you do 240+ jobs/year. Jared crunches numbers for his plumbing biz. Go to Warranty-Re.com.