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December 7th, 2023

Gib Irons: My Effective Tax Rate is 5%

  1. Gib Irons: My Effective Tax Rate is 5% David McIlwaine 36:31

Who said high-income earners couldn't minimize their taxes? 

Gib shares some extremely valuable insights on how he slashed his tax burden from an astounding high to a meager 5% – simply leveraging bonus depreciation in his Real Estate investment as well as by choosing the right CPA. 

Dive headfirst into the world of strategic Investing with our esteemed guest Gib Irons, an accomplished attorney, entrepreneur, and real Estate connoisseur. Gib and his wife Kate have skillfully navigated the property market, amassing an impressive portfolio of 14 residences and a commercial property in a mere 14 months. 

Not stopping there, Gib goes on to share his long-term investment strategies, the ins and outs of running a business, and why it's important to step out of your comfort zone. Join us in this enlightening conversation and get ready to level up your career and investment game.

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David McIlwaine Host of Break Your Golden Handcuffs

David McIlwaine is a seasoned entrepreneur and successful executive with deep experience in business growth, scale and delivering results. His real estate experience is vast--spanning over 20 years. Experience, knowledge and understanding have been gained firsthand by either currently owning or having owned multifamily units, commercial retail development, asset management, single family, vacation rental properties, second homes and custom builds. He personally wore Golden Handcuffs for almost 14 years, successfully gaining sovereignty over his career and net worth along the way. He founded MAC Assets in 2019 and its portfolio currently includes property in the southeast and mountain west. At present he is a general partner in 1,000 doors.

David’s entrepreneurial experience spans a highly successful sales career in several areas including Real Estate, Marketing/Advertising, and Information Technology start ups. He has a variety of first hand experience including having held C Level positions, led teams across the US to overperformance, raised capital, executed mergers, implemented improvements in operating systems, coached diverse constituencies, created and delivered strategic growth initiatives all leading to successful outcomes. David graduated from the University of Kansas with a BS in Journalism and Advertising.