The Billion Dollar Banker Podcast
Welcome to The Billion Dollar Banker Podcast, where we are dedicated to empowering individuals to reach their full potential. Our mission is to provide valuable insights and inspiration from a diverse range of successful entrepreneurs and professionals across various industries, including real estate, finance, legal, development, and more.
Join us as we delve into the stories and strategies of those who have achieved extraordinary success, learning from their experiences, challenges, and triumphs. Whether you're an aspiring entrepreneur, a seasoned professional, or simply seeking motivation to pursue your dreams, our podcast offers practical advice, actionable tips, and invaluable wisdom to help you thrive in your personal and professional life.
Tune in to The Billion Dollar Banker Podcast and embark on a journey of growth, empowerment, and success.
SVP, Nicole Perrone NMLS
CrossCountry Mortgage
Mobile: 732-740-9359
Email: Nicole.perrone@ccm.com
Website: www.ccm.com/nicole-perrone
Personal NMLS 235881
Branch NMLS 1600235
Company NMLS 3029
CrossCountry Mortgage, LLC does business in the State of New York as CrossCountry Financing. Licensed Mortgage Banker – NYS Department of Financial Services. CrossCountry Mortgage, LLC is an FHA Approved Lending Institution and is not acting on behalf of or at the direction of HUD/FHA or the Federal government. All loans subject to underwriting approval. Certain restrictions apply. Call for details. Certificate of Eligibility required for VA loans. NMLS3029 (www.nmlsconsumeraccess.org)
Equal Housing Opportunity
Licensed by the New Jersey Department of Banking and Insurance
Licensed Mortgage Banker – New York State Banking Department
Licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act.
Links
SVP of CCM
crosscountrymortgage.com/nicole-perrone
LinkedIn
linkedin.com/in/nicoleperrone
Instagram
instagram.com/billion_dollar_banker?igshid=OGQ5ZDc2ODk2ZA==&utm_source=qr
Facebook
facebook.com/nicolemperrone
Youtube
www.youtube.com/@billiondollarbanker
732-740-9359
nicole.perrone@ccm.com
The Billion Dollar Banker Podcast
The Smartest Way to Pay LESS in Taxes This Year
What if your biggest business expense isn’t your office, payroll, or even your mortgage... but your tax bill?
In this powerful episode of The Billion Dollar Banker Podcast, host Nicole welcomes tax strategist Karlton Dennis to uncover the legal tax-saving strategies used by the wealthy—and why your CPA probably hasn’t told you about them.
Whether you're a real estate professional, entrepreneur, investor, or self-employed business owner, this episode is a must-watch if you want to:
-Stop overpaying Uncle Sam
-Convert lifestyle expenses into legal deductions
-Use short-term rentals to offset W-2 income
-Structure your business for massive tax savings
-Avoid common (and costly) tax mistakes
Discover the Augusta Rule, Roth strategies, and tax-advantaged investing
And much more…
👉 Timestamps & topics below!
🔥 What You'll Learn in This Episode:
Why most CPAs aren’t helping you save taxes
How to avoid the #1 mistake self-employed people make
The $100K tax trap: Real story from a 7-figure earner
How to legally write off your house, travel, and even content creation
The Augusta Rule: How to rent your home to your biz tax-free
Real estate, short-term rentals, and depreciation magic
Long-term vs. short-term tax strategy: Roth, SEP, and beyond
🎙 Guest:
Karlton Dennis
Founder of Tax Alchemy | Enrolled Agent | YouTube Educator
Helping high-income earners protect their wealth through tax strategy.
📲 Follow Carlton on Instagram: www.instagram.com/karltondennis/
🌐 Learn more: https://www.taxalchemy.com/
🔗 Connect With Nicole:
Host, The Billion Dollar Banker
💼 20+ Years in Banking, Finance, and Mortgage
📸 Instagram: https://www.instagram.com/billion_dollar_banker/
🕒 TIMESTAMPS:
0:00 – Hook: Why you're probably overpaying taxes
1:20 – Meet Carlton Dennis
3:10 – What your CPA isn’t telling you
6:30 – Real estate agent loses 6 figures in taxes
10:00 – The difference between CPAs & Tax Strategists
14:40 – How co-mingling can destroy your LLC
17:30 – How to actually write off travel & meals
21:00 – Can you deduct content creation?
23:10 – The Augusta Rule explained
25:00 – Using short-term rentals to offset W-2 income
27:50 – Roth vs. SEP for entrepreneurs
30:00 – Final thoughts & how to start planning now