In this episode of the Real Estate Investing School Podcast, host Joe Jensen sits down with Michael Waddele, a seasoned CPA, entrepreneur, and master tax strategist who's helped clients save over $15 million in taxes. With more than 20 years of experience and a portfolio of six thriving businesses—including a telehealth company and a tax-tracking app for real estate pros—Michael breaks down the truth behind tax strategies that actually work. From understanding the difference between active and passive losses to demystifying what it takes to qualify as a real estate professional, this conversation dives deep into the tax code to help you build real wealth legally and strategically. Whether you're a beginner with one property or a seasoned investor looking to optimize your tax position, this episode is packed with actionable insights. Michael shares how to leverage depreciation, maximize write-offs, and build a roadmap to financial freedom—without getting tripped up by common IRS pitfalls. If you've ever wondered how some investors pay next to nothing in taxes while building massive wealth, this is the episode you don’t want to miss. Book a free real estate investing strategy call! No experience necessary.) Check out the Real Estate Investing School Youtube) Real Estate Investing School Instagram) Brody’s Instagram)
Michael's Email: [email protected]