There are episodes that change how you think about wealth. This is one of them.
Join Palak Shah and the Open Spaces community for a candid, energizing conversation on one of the most powerful but most overlooked tools in your wealth-building journey: tax strategy.
If you’re already investing in real estate, this will reinforce why it’s worth it. If you’re just getting started, it might change your timeline entirely. You’ll hear unfiltered stories from real investors, teachers, physicians, entrepreneurs who are saving $30K to $50K+ each year through real estate tax benefits. These aren’t edge cases. They’re everyday professionals using smart strategy, rep status, and cost segregation to accelerate freedom and keep more of what they earn.
Key Moments:
• Why real estate tax benefits are often more powerful than cash flow
• What really happens when you combine W2 income with REPS and cost segregation
• Why some investors say it’s cheaper to quit their job than to keep it
• The mindset shift from “saving for taxes” to “celebrating tax season”
Whether you’re planning your first investment or restructuring your tax strategy, this episode is an invitation to rethink what’s possible.
This isn’t just about saving money. It’s about building a life where you keep more, do more, and live on your terms.
In This Episode
00:00 — Why We’re Talking About Taxes
04:50 — $92K in Tax Savings in 2 Years (Eileen’s Story)
08:45 — The Surprise Refund That Changed Everything (Maia)
12:15 — From W2 Burnout to Real Freedom (Vanessa & Anthony)
16:00 — How One Family Is Offsetting $200K in Income (Nikolai)
19:30 — The Year They Finally Looked Forward to Tax Season (Natasha)
23:40 — First-Year REPS Expectations (Arina’s $40K+ Goal)
Resources:
- Get a copy of Accelerate Your Real Estate -https://a.co/d/bdW6j7K
- Book a call - http://www.openspaceswomen.com/bookacall
- 5-Day Real Estate Investor Accelerator - https://www.theinvestoraccelerator.com
Connect with Palak and Niti
- Website: https://www.openspaceswomen.com/
- Instagram: https://www.instagram.com/openspaceswomen/ https://www.instagram.com/openspacesacademy/
- Facebook: https://www.facebook.com/openspaceswomen
- LinkedIn: https://www.linkedin.com/company/openspacescapital/
- YouTube: https://youtube.com/@openspaces1251
- TikTok: https://www.tiktok.com/@openspacesacademy
Disclaimer:
This episode is intended for educational purposes only and is based on our personal experience as real estate investors. Nothing shared should be considered financial, legal, or tax advice, nor a recommendation to buy, sell, or take action solely based on what’s discussed. Every investment decision carries risk, and what worked for us may not be right for you. We strongly encourage you to do your own research and consult with licensed professionals before making any investment decisions.
