
Buy a Business with Your Tax Bill
Adam Whelchel paid himself instead of the IRS, putting $35k down on an escape room doing $365k with room to grow.
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Topics in Adam’s interview:
Built a $1.5M accounting firm
Business brokerage opened the acquisition door
Wanted a business his daughter could appreciate
An escape room caught his attention
Fixed costs created massive operating leverage
Bought the business for roughly $220K
Put about $35K into the deal
Business acquisition as a tax strategy
Re-engaged customers and local…
The skinny
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