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Most real estate investors are leaving massive tax savings on the table and they don't even know it. In this episode of The M.O.R.E. Show, Justin Colby sits down with tax strategist and real estate investor Karlton Dennis to break down how the tax code can legally reduce what you owe to near zero, why gas stations are one of the most overlooked investment vehicles for depreciation, and how cost segregation and bonus depreciation are the tools wealthy investors use that most people never hear about.

KEY TOPICS COVERED:

• Why gas stations depreciate in 15 years vs 27.5 for residential, and what that means for your tax bill

• Cost segregation and bonus depreciation explained for real estate investors

• How to invest as a limited partner and earn passive income without operational risk

• The real estate professional status strategy and why it changes everything

Entity structure, S-Corps, and how business owners can legally reduce taxes

• Estate planning: revocable vs irrevocable trusts and protecting wealth across generations

Key Moments:

00:00 — Why Carlton invested with Grant Cardone as a limited partner

01:12 — Introduction: Karlton Dennis, tax strategist and real estate investor

02:08 — What Carlton is investing in right now in 2026

02:52 — Why gas stations are a powerful tax strategy

03:10 — Cost segregation and bonus depreciation explained

07:00 — Real estate professional status and passive income

12:00 — S-Corps, entity structure, and tax reduction for business owners

20:00 — How to use real estate to offset W-2 income

30:00 — Estate planning: trusts, capital gains, and generational wealth

40:45 — Karlton's book: The Art of Legal Tax Avoidance

42:27 — How to connect with Karlton Dennis

Connect with Karlton Dennis:

Instagram: @Karltondennis

Book: The Art of Legal Tax Avoidance, Volume 1 — available on Amazon

About The M.O.R.E. Show:

The M.O.R.E. Show is hosted by Justin Colby and is dedicated to helping real estate professionals, investors, and entrepreneurs maximize opportunity in any market. New episodes every week.

Learn more: www.timeformore.com

Invest with Elevest Capital: www.elevestcapital.com

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