This episode breaks down practical tax strategies for real estate and business owners, including the Augusta Rule, paying your kids, cost segregation, real estate professional status, QSBS, and solar tax credits. You’ll hear how a tax strategist thinks, why structure matters, and where the biggest savings usually hide.

Our guest is Peter Culver of WealthThrive. Peter practiced tax law for 12 years and has 25+ years in wealth management and tax strategy. He’s worked with entrepreneurs across industries (including time with State Street Bank) and now focuses on helping clients reduce taxes and keep more of what they earn.

What you’ll learn:

Why CPA tax prep isn’t the same as tax strategy
Entity choices: S corp vs C corp and when QSBS can wipe out gains
Simple wins: the Augusta Rule and paying your kids (the right way)
Real estate tools: cost segregation and real estate professional status
Solar credits: 100-hour rule, bonus depreciation, and 3-year carrybacks
Charitable asset donations and how strategy stacking works
Peter’s 3-step process: Discover, Design, Deploy

Resources mentioned:

Augusta Rule (dwelling unit rental) – Up to 14 days tax-free rent
Qualified Small Business Stock (QSBS) – Potential tax-free exit
Cost segregation & bonus depreciation – Faster write-offs
Real Estate Professional Status – Offset ordinary income
Solar investment credits – Credits, depreciation, and carrybacks
Charitable asset donations – Buy low, donate at appraised value
Pine Financial Group – Private lending and mortgage funds
WealthThrive – wealththrive.com | peter@wealththrive.com | 917-697-4156

Chapters/Timestamps

00:00 - From law to wealth management

06:05 - CPA vs tax strategist mindset

11:22 - S corp vs C corp and QSBS

16:48 - Augusta Rule and paying kids

21:30 - Cost seg and RE pro status

27:15 - Solar credits and carrybacks

35:40 - Charitable donations & next steps

Resources Mentioned

WealthThrive – Tax strategy firm: wealththrive.com | peter@wealththrive.com | 917-697-4156
Pine Financial Group – Private lending & mortgage funds: pinefinancialgroup.com
Augusta Rule (Dwelling Unit Rental) – Up to 14 days tax-free rent
Qualified Small Business Stock (QSBS) – Potential exclusion on gains
Cost Segregation Study – Accelerated depreciation on real estate
Real Estate Professional Status – Offset ordinary income
Solar Investment Tax Credits – Credits, bonus depreciation, carrybacks
Charitable Asset Donation – Buy low, donate at appraised value
[Solar Tracking Portal] - Track material participation hours
[Cost Seg Firm] - Engineering-based study provider
[Tax Credit Marketplace] - State/federal credit purchasing

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