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Sean recently read a book that CHANGED HIS LIFE! The book is called UnOffendable by Brett Hansen...and wow, it is good. Join Sean and Jordan as Sean tells Jordan about the book, provides a quick book report, and explains how we can all take the lessons from the book and install them into our everyday thinking, parenting, family, and leadership! This is good. Go deeper with Sean at www.SaveMyFamily.us Learn more about your ad choices. Visit megaphone.fm/adchoices
Kaisa's Machine, Joel Jeschke, Brett Hansen, Angell & Crane, Alain Bedard Auguste Quartet, Ilya Osachuk, Ben Wolfe, Nicole Glover, Artemis, Allison Miller & One O'Clock Lab Band, Naomi Moon Siegel, Carsten Rubeling and Michael DeasePlaylist: Kaisa's Machine - Midnight SunJoel Jeschke - KoskelaBrett Hansen - Perfect IntentionsAngell & Crane, featuring Charlotte Greve - Himalayan Dial-UpAlain Bédard Auguste Quartet - Il Capello Di Mia SorellaIlya Osachuk - SatelliteBen Wolfe - Occam's RazorNicole Glover - The FoxArtemis - The Smile of the SnakeAllison Miller, One O'Clock Lab Band - Big and LovelyNaomi Moon Siegel, featuring Ray Larsen, Marina Albero, Andy Coe, Kelsey Mines & Christopher Icasiano - SabotageCarsten Rubeling - The IcefallMichael Dease - The Last Pop TuneMichael Dease - Grove's Groove
Talk with Lucy Lambert. Music from Stephanie Urquhart Jazz Orchestra, Brett Hansen, Sahil Chugh, Joel Jeschke, Montuno West, Brasstactics, Bria Skonberg, Jumaane Smith, Lucy Lambert's Violet Drift, Kevin Romain, Igor Willcox and Alex Louloudis.Playlist: Stephanie Urquhart Jazz Orchestra - After HoursBrett Hansen - MoonshowerSahil Chugh - ParadiseJoel Jeschke - The Number TwelveMontuno West - Quinta LunaBrasstactics - Dutch AnglesBria Skonberg - Petit FleurJumaane Smith - St. James InfirmaryLucy Lambert - In a Sentimental MoodLucy Lambert - Douce AmbianceKevin Romain - Golden ChampionIgor Willcox - Time TravellerAlex Louloudis - X
The Star-Tribune's Wyoming beat writer, Ryan Thorburn, welcomes "Legends of Laradise" members Rob Jarosh and Brett Hansen to discuss the Cowboys' offseason football moves and the basketball team's breathtaking Border War win on this episode of the Pokecast.
The Star-Tribune's Wyoming beat writer, Ryan Thorburn, gets the "Legends of Laradise" fan perspective from Rob Jarosh and Brett Hansen on the Pokes' fall camp storylines and discuss what the implosion of the Pac-12 might mean for the Mountain West on this episode of the Pokescast.See omnystudio.com/listener for privacy information.
The Star-Tribune's Wyoming beat writer, Ryan Thorburn, discussed Jeff Linder's roster reboot and looks ahead to the Pokes' football season with "Legends of Laradise" text string members Rob Jarosh and Brett Hansen on this episode of the Pokescast.See omnystudio.com/listener for privacy information.
Bike Talk with Dave: Bicycle racing, cyclocross, gravel, mountain bike, road and tech
Leah Gruhn has ridden the northern Minnesota winter ultra Arrowhead 135 for more than a decade, as well as the Tuscobia 160 and the Iditarod Trail Invitational 350. And in 2017 she and her husband jumped on their bikes in Banff Canada and rode south to the U.S. Mexico border in the Tour Divide. This winter she flew back to Alaska and rolled across Knik Lake and up the Iditarod Trail for the 1000-mile journey towards Nome. 21 days later she was the first, and only female to complete the entire journey across Alaska. She was kind enough to spend some time on Bike Talk with Dave just prior to heading south to Florida for a week of warmth! I enjoyed getting to know her, and I hope you will too! So grab cup of Chain and Spoke Coffee and enjoy the show!Thanks for tuning in to todays episode -and thanks to Leah for making time before trading snow drifts for sandy beaches! Look for her on instagram and facebook, doesn't sound like she's done with these great adventures! And later this week, I've got a bonus episode for you! Leah talked about how great it feels to reach Unakaleet on the Bering Sea and the pizza joint called Peace on Earth Pizza. When I was there in 2019 I talked with Peace on Earth owner Brett Hansen - it's pretty interesting how a little pizza joint in a small village on the Bering Sea can thrive serving all the villages in Western Alaska. I'd like to thank Chain and Spoke Coffee and Bikes for supporting the show - you can order your favorite blend now at chainandspoke.com or you can just stop by the first retail location in Des Moines, Iowa! Great coffee, great bikes! Service too! If you're headed across the country on either I-80 or I-35, stop on in!And thank you for listening to Bike Talk with Dave! If you'd like to support the show, you can do so by rating, reviewing and sharing! If you'd like to support the show financially, and help it improve, you can go to BuyMeACoffee.com and throw some change my way - I'll use it to make the podcast better AND I'll send you a Bike Talk sticker! https://www.buymeacoffee.com/dmable122QWe've got a busy month ahead - this weekend the Trofeo Sabato Santo circuit race in Des Moines, and at the end of the month we'll be back on gravel enjoying the beautiful hills of Northeast Iowa in the Driftless 100! There's still time to join the fun at driftlessgravel.com. Hopefully we'll see you there! And in May, stage racing is back in the Midwest at the Three Days of Des Moines or Driedaagse Des Moines. May 12, 13 & 14 All categories. Race for GC on time or earn the green points jersey or go for polka dots in the KOM competition (yes... even in Iowa). Information here
After 20 years of working for giants of the IT industry like Dell and IBM, where he held various leadership roles in product, marketing, channel, and strategy domains, Brett Hansen joined ”Semarchy”, a small company where he was faced with a totally different mindset and business approach.In today's episode of The Jake Dunlap Show, Brett shares his experience of transitioning to a smaller company, the lessons he's carried through from his previous roles and his holistic approach to the whole process of sales and marketing and in relation to his customers.Brett also talks about the importance of self-growth and how taking hold of every opportunity you get to improve and acquire new skills is the key to owning every career path you take. Time stamps: 00:41- Brett Hansen- over 20 years in the IT industry;01:52- Meeting the right people at the right time- going back to school and getting his MBA;02:40- Working for Dell and IBM- always focus on your client's needs;09:24- Strive for more - don't limit yourself and look for opportunities to grow and improve your skills;11:54- Take ownership of your career- what's your dream job?16:55- After 20-plus years of working for IT industry giants, Brett joins Semarchy, a small company where he uses and implements what he's learned from his previous experiences;24:53- How do you adapt when you transition to a smaller company?28:21- Evolution of the holistic perspective in marketing and sales- how do you approach that customer journey?39:56- Think long-term and see the benefits of an intent-based marketing approach. Quotes “So one of the things that I encourage folks who I mentor is don't become singularly focused in your career. Certainly, you should have a clear path, certainly, you should develop your skills in a certain speciality, but there is a lot of value to be had in exploring functions that are outside of your core, looking for opportunities that are going to stretch your skills.” “Whether you're in marketing or product management, or product marketing or sales or any other role both IBM and Dell in their own ways really have that unflinching focus on the customer and understanding who the customer is, what are their requirements, what are their needs.” “Throughout your career, you should always be looking for your next growth opportunity. A lot of folks are focusing on, you know, I wanna be a manager on, I wanna be a director on, I wanna be a VP, whatever the other next role in the ladder there is, that might not be what's best for you. What might be best for you is getting some new experiences and being open to that.” “You need to be thinking about what motivates you, what gets you out of bed every morning (...) I often find candidates who either try to tell me what they think I wanna hear based upon the job they're interviewing for or they haven't thought about it and either one of those to me is a red flag because I want to have someone that is really self-aware, who knows what he's aspiring to be.” “You do certainly need to be selfish, don't get me wrong. It's your career, you need to own your career but at the same time that selfishness should be one and with a real heavy focus on what's being best for your customer and what's being best for your employer. And if you can find that blend, I think these opportunities will naturally present themselves and there is a question of just taking advantage of those when they occur.” “In small companies, everyone has a role and everyone has to do a role (...) You have to have the mindset that “I'm going to take something and own it.” ______________________________ Get in contact with Brett: Linkedin Semarchy social links: FacebookTwitterYoutubeLinkedin _________________________ Mentions: IBM- an American multinationaltechnology corporation;Dell- an American technology company that develops, sells, repairs, and supports computers and related products and services;Demand generation- a marketing strategy focused on building reliable brand awareness and interest, resulting in high-quality leads; __________________________ Follow Jake: WebsiteInstagramLinkedInTwitter
LifeBlood: We talked about data use and interpretation, the value of data, the many types, how successful companies think about it, and how to create a plan of action, with Brett Hansen, CMO of Semarchy. Listen to learn how to overcome frustration when it comes to keeping your data organized! You can learn more about Brett at Semarchy.com, Facebook, Twitter, YouTube and LinkedIn. Thanks, as always for listening! If you got some value and enjoyed the show, please leave us a review here: https://ratethispodcast.com/lifebloodpodcast You can learn more about us at LifeBlood.Live, Twitter, LinkedIn, Instagram, YouTube and Facebook or you'd like to be a guest on the show, contact us at contact@LifeBlood.Live. Stay up to date by getting our monthly updates. Want to say “Thanks!” You can buy us a cup of coffee https://www.buymeacoffee.com/lifeblood
Brett Hansen, author of Unoffendable, joins Adam to discuss his new book, The Men We Need: God's Purpose for the Manly Man, the Avid Indoorsman, or Any Man Willing to Show Up. Brett, through his vulnerability and signature humor, explains the six decisions that will set men apart and help them realize God's purpose for their life.
CAS 12 - 21 - 2-2021 Brett Hansen, Pickleball by Calling All Sports
Brett Hansen, pitcher for the Vermont Lake Monsters, joins Back to the Futures! Brett details how he ended up in Vermont, what it has been like to play at Centennial Field and he gives a emphatic message to Lake Monster fans. He also discusses serving on a two year mormon mission, committing to play at Vanderbilt University, the MLB draft process and so much more! Presented by ChangeUp, Zephyr, 78 Sports, and On Demand Storage.
This episode is an inspiring chat about following dreams and overcoming obstacles to achieve. Brett Hansen is one of the nicest guys in entertainment and along with his wife Elissa, run their beloved Larrikin Puppets. Putting smiles on faces and following their dreams. This is a great insight into the world of puppetry, as well as an inspiring tale of Brett's humble beginnings from playing keys in one of Brisbane's finest metal acts, Headkase, to heading to New York and learning the art of puppetry from the guys behind Sesame Street. Brett and Elissa now run a successful business making children happy with their impressive cast of puppets, including my personal favourite Trogg(who appears in the Darkcell clip “Raise Your Horns”). This is a great episode for anyone, so please enjoy and be happy.
Taylor and Ellie Mae attend a high school dance in Evergreen. Brett Hansen comes back into the picture. Simon spends the afternoon with Amy. Taylor and Andy attend an unorthodox meditation class.
Chris Lee and Tim Corbin talk for over an hour in anticipation of what the Commodore baseball team will put on the field. Discussions include improved players from last year, freshmen who could contribute and the nine pitchers Corbin believes could start, and discusses newcomers Christian Little and Brett Hansen. Corbin answers questions about Kumar Rocker's no-hitter against Duke, his relationship with Carl and Mike Yastrzemski, gives his thoughts on new football coach Clark Lea and tons more in a one-hour, 10-minute podcast.
Interview with Brett Hansen, South Pacific Country Manager, South Pacific and Mike Metcalfe, Manager Asia Pacific Key Account Team, Milestone Systems (www.milestonesys.com). This session focuses on the theme of video surveillance applications in smart buildings/cities in the wake of the Covid-19 pandemic, and what options exist for situational awareness in the workplace and public spaces. With XProtect widely adopted and with a myriad of partners, the Milestone Experience Centre, in Melbourne, allows clients to visualise and configure the technology to suit their requirements. As people begin to return to places of work, retail centres, restaurants and public places, there will be an increased need for awareness and management of crowd numbers, cleanliness, tracking and tracing, personal space, etc. Video management, combined with other technologies, can help with this in many regards. Traffic flow management Using analytics to check on traffic to amenities such as rest rooms – for example analytics can be set to monitor the number of people entering a specific area, then the system set to provide an alert that “We have had 300 people through that area, need to go and clean them”. This leads to pro-active hygiene and cleaning, rather than relying on a simple schedule which does not take into account actual volume of traffic to an area. This can also flow on to other areas – hospital waiting rooms, restaurants, change rooms etc, which generally have a cleaning schedule but do not necessarily account for the volume of people passing through. Spatial awareness metrics How best to manage queues into a shopping centre, workplace, stadium etc? Video can be set to analyse and provide metrics around the number of people in a certain area, and provide information – again, allowing authorities and management to be proactive and stop people from entering a space if it is over-crowded, or send someone in to an area once a certain volume has passed, in order to sanitise it. Counting people in an area and send someone to clean or control. Monitor for dwell time, for example to establish how long people may have been occupying table space in restaurant. Can tell how long someone was actually in a restaurant, which then allows authorities to gauge not only that a person was IN a particular place, but also how long they were there for. This can have a positive impact on track and trace capabilities, as it allows authorities to judge if someone actually crossed paths with an infected individual – not just that they were in the same place on the same day. Helps with managing people flow through an area. Dwell time analytics can be set for a specific a zone, such as a waiting room at an airport, or café. Allows management to judge that, for example, “Someone has sat down at table fifteen, the system is set to know how long are they allowed to stay there.” Crowd density Suitable to retail, hospitality, commercial building spaces. Video management can set crowd density in a specific area to say, 8 people and then an alert is issued if the number moves above that prescribed figure. That situation can then be managed either by physical intervention such as a staff member moving in to ask people to move on, or over audio. Queue management Suggesting that management is now aware how many people are physically ‘inside’ the building as queue is being managed, but how many are waiting outside? Video can also detect the speed at which people are allowed through an area, and help management best control the flow of pedestrian traffic. Contract tracing and measuring proximity – ‘show me how many people came within say, two metres of this person’. Video can judge exactly how close people are getting to one another, and provide metrics. These then allow people to set rules and alerts around proximity. Temperature measurements Can be tracked in real time as people move around. Information leads to proactive steps and positive outcomes As good as the technology is these days, it is what you actually do with it that makes the difference. What are people doing something with the outcomes of this analysis. Anyone can use the tech, but it is all about how it is presented, and what you do with it. How effective do you want to be with track and trace, to take that data and make it useful to mitigate risks. Face masking Video tech can be set to detect if someone doesn’t have a face mask on, and track that person or sound an alarm. Heat mapping Can demonstrate where the volume of pedestrian traffic is moving to in a specific space, and record any metrics attached to that information. Useful visual guide. Recorded for MySec.TV on December 4, 2020 courtesy of Milestone Systems. Video episode link to be added shortly. Link to the Copenhagen Letter
Ep. 1436 Brett Hansen Commercial Accounts Manager For Sukup Manufacturing by Radio on the Go
With so much going on in the world today, there is a lot of fear in the air.While Brett and @brandoncrobb speak about the current trends in health, we also build on the concept of FEAR for professionals, fear for clients, and how to take that from a debilitating factor to a driving factor towards success.Also, special shoutout to @therock, @powerathletehq and @sensuallovebaking as some inspiration we covered. If you want to find Brett, you can follow him on instagram at @thehulkhansen or look him up on facebook.Until next time, Keep healthy and have fun
Interview with Brett Hansen, South Pacific Country Manager for Milestone Systems. Brett is responsible for driving Milestone Systems across a diverse range of new and existing markets in the region, while facilitating large-scale projects and partnerships, as well as leading the company’s local team. POST RECORDING NOTE: Milestone Systems has cancelled the joint APAC/EMEA MIPS Conference in Dubai due to COVID-19 safety measures Brett provides an overview of the Milestone Systems organisation, and the company’s local footprint, including the importance of an open Video Management System platform and its strength as a Milestone offering. Brett also comments on the importance of Milestone’s partner network and recent growth and changes to managerial team. Link to the Copenhagen Letter Hansen has been with Milestone Systems since July 2018, previously fulfilling the role of Distribution Channel Manager. Prior to his time at Milestone Systems, he worked for the Secure Issuance team at HID Global — ultimately performing the role of Regional Sales Manager Australia & New Zealand Secure Issuance. Hansen holds a master’s degree in Business and Technology from the University of New South Wales. Recorded in Sydney on February 6, 2020 courtesy of Milestone Systems.
What possibilities are available when you own rental real estate? Different strategies are available to maximize tax benefits. For example, learn how to take advantage of a tax saving tool that saves you thousands of dollars each year. In this episode, Clint Coons is joined by Brett Hansen of Cost Segregation Authority to discuss such benefits associated with residential real estate investments. Highlights/Topics: When you buy property, you can depreciate it over time; Cost Segregation Authority accelerates depreciation to increase your expenses/lower your net taxable income If you pay less tax to the IRS, save that money to increase your portfolio and invest in things that get a return; it’s not a deduction, but reduced amount of taxable income Smart Tax Planning: Maximize depreciation deduction to reduce tax burden; re-classify assets of a property to identify components that can be depreciated faster For assets that you didn’t capitalize on (up to 20 years), you can bring them forward into the next tax return via the Section 481(a) adjustment tax form CPA must understand value cost set to use cost segregation for residential property Cost segregation studies meet IRS guidelines to protect clients from/during audits Changes in Tax Laws: Bonus depreciation - no longer need to purchase new equipment and bonus percentage changed to 100% Next Steps: To analyze your property, provide the total cost you paid for it, the year you purchased it, and the property’s address to get the projected benefit and associated cost Resources Cost Segregation Authority Brett Hansen’s Cell (801-884-8358) Section 481(a) Clint Coons Anderson Advisors Tax and Asset Protection Event
What possibilities are available when you own rental real estate? Different strategies are available to maximize tax benefits. For example, learn how to take advantage of a tax saving tool that saves you thousands of dollars each year. In this episode, Clint Coons is joined by Brett Hansen of Cost Segregation Authority to discuss such benefits associated with residential real estate investments. Highlights/Topics: When you buy property, you can depreciate it over time; Cost Segregation Authority accelerates depreciation to increase your expenses/lower your net taxable income If you pay less tax to the IRS, save that money to increase your portfolio and invest in things that get a return; it’s not a deduction, but reduced amount of taxable income Smart Tax Planning: Maximize depreciation deduction to reduce tax burden; re-classify assets of a property to identify components that can be depreciated faster For assets that you didn’t capitalize on (up to 20 years), you can bring them forward into the next tax return via the Section 481(a) adjustment tax form CPA must understand value cost set to use cost segregation for residential property Cost segregation studies meet IRS guidelines to protect clients from/during audits Changes in Tax Laws: Bonus depreciation - no longer need to purchase new equipment and bonus percentage changed to 100% Next Steps: To analyze your property, provide the total cost you paid for it, the year you purchased it, and the property’s address to get the projected benefit and associated cost Resources Cost Segregation Authority Brett Hansen’s Cell (801-884-8358) Section 481(a) Clint Coons Anderson Advisors Tax and Asset Protection Event Full Episode Transcript: Clint: Everyone, it's Clint Coons here with Anderson Business Advisors and, on this podcast, we have some great information for you from a tax standpoint because when you're investing in real estate, what is one of the major reasons why we want to get started? It's tax savings. There are those individuals out there that understand how to capitalize on tax savings and those that do not, and most people that I run into when it comes to tax and asset protection planning, there are local guys who just don't get it. That's why many of you have come to Anderson because we're here to help you out to make sure that your plans are set up the right way so if a lawsuit develops, that your assets are going to be protected. The other side of that coin as you heard me say many times is you want to make sure that you're reducing your taxes to the greatest extent as possible because real estate is a tremendous tax deduction force. It's a tax shelter, actually. You can make a little bit of money or you can make a lot of money from your tax savings if you know who to associate with and know what to look for. So many people do not understand what it takes to look–when it comes to real estate, what they should be looking at to find these deductions. My guest today that I have on the podcast–this individual, I met him at an event that we were both speaking at, and we sat down. We started talking about the benefits for real estate investors, especially people who have residential real estate and what they can do it. Brett really opened my eyes up to what the possibilities are when you own rental real estate because, possibly like many of you, I always thought that the deduction, the savings that we're going to be talking about was only available or truly can only be appreciated by people who had commercial real estate. I have commercial real estate and I've taken advantage of what we're going to be sharing with you but I haven't done it on the residential side. It wasn't until we sat down and we had a discussion that the light bulb went off and I realized, "Hey, this is information. This is powerful. This can save people tens and thousands of dollars a year if we can only give them the information to show them how to take advantage of that." I thought it'd be great, is that I would bring on Brett Hansen onto the call today and on the podcast and we would talk to you about what this tax-saving tool is and how you can take advantage of it. With that, I'm going to introduce Brett. Brett, how are you doing? Brett: Clint, thanks for having me. I'm doing great. Clint: Great, I'm glad you're on. Why don't you tell everyone a little bit about yourself and what it is that you do? Brett: Sure. My name's Brett Hansen with the firm, Cost Segregation Authority. We've worked with Anderson quite a bit, and what we do is a tax strategy called cost segregation. It's kind of a mouthful. There is no real elevator pitch for it. You've got to understand a little bit about what we're doing. That's what we're going to talk about but, essentially, it's accelerated depreciation on your rental real estate. It applies to anything as small as a residential rental home to my favorite, doing resorts in Hawaii, if you have any of those. Clint: That's important. Most people are aware of the fact that when you buy property, you can depreciate it over a period of time. If you buy a house for, say, $100,000, you're going to be depreciating that over how long? Brett: 27 and a half years for residential. That's exactly the point. You touched on that in the introduction where–real estate investing is largely about the depreciation. You're going to get some appreciation, get the wraps and there's some other real estate investing, but one of the greatest aspects is the depreciation as a non-cash expense against income. What we do is we accelerate that depreciation so that you don't pay tax before you have to. It allows you increase your expenses and lower your net taxable income. Clint: It puts more money into your pocket today by doing that, and the benefit, of course, in knowing real estate–let me put it in real numbers. Let's say that I made $10,000 in rental income this year after all expenses before depreciation and I had $3000 in depreciation, then how much would I have in capital income in that scenario? Brett: Right, so you have $7000 taxable income, correct, with the numbers you're looking at? Clint: Correct. Brett: Yeah. If you have more depreciation to add onto it, you're going to have less taxable income, and then you pay a lot less tax to the IRS, and you save that money and, hopefully, with the proper guidance, you're using that savings to then increase your portfolio and invest in things that will get a return on that investment. Clint: See, a lot of those people, when they hear that and they say, "Well, that's a deduction," they think that's money that they're spending and, really, it's not; it's just reducing the taxable income or the amount of income that they're putting in their pocket that they have to pay tax on. Like we were talking about, let's say you could get someone $10,000 in depreciation. If they made $10,000 in income and they had $10,000 in depreciation expense, then zero tax, 10K in the pocket. Brett: Exactly. Clint: Wow. All right, is this a tax loophole or is it something that's only available to rich people or guys that want to go under the room and figure out some creative strategy and work way over the line or is this a pretty standard strategy? Brett: I'll go back and expand what we we're doing but, to answer your question, it's not a loophole. It's simply smart tax planning. The IRS isn't really good at going and explaining how to take advantage of codes in certain situations but it's very simple. It's even on the audit guides about, "You should maximize your depreciation deduction so you can reduce your tax burden." There's a quote we could share some time.. Essentially, what we're doing is we're going into the rental properties, anywhere from your residential rental to an office building, and we're re-classifying the assets within that property from its standard, straight-line, long-term depreciation schedule, either 39 years for an office or commercial building or 27 and a half years for residential property. We're identifying components of those properties that, lawfully and legally, can be depreciated much, much quicker, usually five years and improvements on a 15-year schedule. You can imagine. If you have, say, a million-dollar property or a hundred thousand-dollar property and we re-classify 25% to 30%. That amount of dollars get puts on a schedule over five years for whatever its asset type may be so deduction is a lot larger. That reduces, effectively, your taxable income, and you have that money saved in your pocket before you have to pay that tax then you use that for increasing your cash flow. Clint: You're going in and you're analyzing the property, then. Is that what has to be done in order to generate this? Brett: Correct. It's got to be done both in engineering experience, cost-accounting experience–we have engineers in-house that go and visit every property, take measurements and just, for example, things like having a tree, carpeting, certain flooring, certain wall coverings. All these assets should be depreciated over five years, and that's a substantial difference over 27 and a half years. We'll go and engineer, and calculate the square footage of your flooring, the linear footage of your cabinetry. We'll count how many trees and bushes you have in the yard of these rental properties and, including auxiliary plumbing, auxiliary electrical, things like that, things that you wouldn't otherwise think aren't part of the structure of the asset but should be depreciated–they're kind of specialty stuff so they should be depreciated by its own schedule, five years or whatever it may be. Clint: All right, let's take the cabinetry for example. Say, I have a house that's valued at $70,000 and it's a 2200-square foot home. How do you determine how much cabinetry I have in that house? Do you actually have to go in or is there just a table that you work off of? Brett: No, we go in. We measure. We take pictures. We analyze the property. You all have what you paid for that property–and, actually, that reminds me of a point. Cost segregation is really cool in the fact that I can go back and do a study and re-classify the assets of that component of the house or whatever as of the date you purchased it, meaning let's say you bought it three or four years ago, this $70,000 home or $100,000-home, and you just have a settlement statement. You don’t all the way paid for cabinetry. What we do is we apply a cost factor to that cabinetry as of the date of purchase. What the IRS allows us to do is catch up that depreciation from the time you bought it to the time you filed a tax return so until your next tax return without an amended return for cabinetry, or carpeting, or auxiliary plumbing or electrical, for landscape, things like that. Clint: Okay, so let's nail that one down because I heard something there that I think is really important. Let's assume that I bought a house three years ago–and stick with the $70,000-example. I bought this house for 70K. What you're telling me then, is that you could go in and take a look at that, look at the assets inside of the house, the cabinetry, the rugs and all that stuff, the shrubberies as you stated, and say, "All right, well, for three years, you weren't capitalizing in this." You can go in and then bring all those three years forward into this taxable year? Brett: That's correct. On the very next tax return, they'll do what's called a Section 481-A adjustment, tax–who cares about what code it is, right? It uses a special form that allows you to say, "Hey, IRS, I'm going to change my accounting method. I don't want to do it straight, long-term way. I want to do an accelerated way." They say, "Okay, it's an automatic consent procedure," and I will dump all those three years of depreciation that you missed on the next return. $70,000 is probably a light property. We like to look at $100,000 or more, but if you've had even $100,000 on a property for three years, that's where these lower-cost properties are affected with cost segregation because of that catch-up component I just described. You have three or four years of catch-up or 10 years of catch-up. Say that again? Clint: If you just bought a property today that was $65,000, you're not going to see as great as deduction as you would if you've had it for three or four years. Brett: That's a tricky question because the two tax laws, which I'll get into a minute, will make a difference on this year's purchases. Let's say the new tax laws weren't in place yet and the bonus depreciation, which I'll take about in a second, wasn't effective, then, yeah, you wouldn't see the immediate difference you would over the first five years, and it's relative to what the fee of the study would cost, which were relatively late. You'll see a large return on that fee. We want it to be a no-brainer, even as low as 6x to 8x return on the fee, and as the price of that goes up, it's a lot easier to do that. We'll talk about that bonus depreciation change in just a second. Clint: Then how about if I had 10 properties? Would you just do all–can you aggregate them together? Even better. The more, the better. Brett: Absolutely. The more, the better, and there's no reason–really, there is no reason you shouldn't look at each one of them and then get an analysis done at no cost to determine what your benefit is going to be done. With 10, there might be some cheaper, $50,000 or $60,000-ones that don't really make sense relative to the fee and, no, it's fine, we're going to depreciate those pretty quickly anyway. It's not really expensive, but let's do the other eight because that's a big bang for my buck or because that's giving you enough deductions to reduce your income to zero. Clint: When you make that election that you were talking about, that's on a per-property basis so I don't have to treat all my properties with that election. I can choose which ones I want to use it for which ones I don't. Brett: It is on a per-property or, at least, on a per-entity basis. Clint: Okay, per-entity. That makes sense. Brett: If you go back into that LLC and then – and most people have different LLCs per home. It depends on how you've structured that. You can probably be best advised for that, but, yeah, it's per-entity basis. Clint: All right. Planning-wise here, if I was an investor and I made the mistake because I went and put it and I put eight homes in one LLC, it's not the best asset protection. If we're going to run this study, it might be good to pull out those newer properties that I purchased, the $55,000, $60,000-homes, drop them in a separate LLC, create a new one for them, and then do the analysis just on that one LLC because we have to make the election change for that company. Brett: Yeah, you could do that, or maybe we just make it so that we do all the properties within the LLC. You just do them all. Even if you do the change LLC, you don't have to do a cost segregation on all the homes within that. The depreciation will just change per asset, and that depreciation deduction will flow through the LLC's tax return and then it may or may not pass through the entity owner itself. You don't really have to shift them around in different LLCs; you can just pick what changes you want to do, what studies you want to do. Clint: Okay. What we're talking about here is creating this depreciation deduction that you can take under your tax return. You're talking about, if you have a three, four of five-year old property there, you can go back and pull all that forward. Is there a time when that no longer makes sense? The cut-off should be, if I've owned it for 10 years, it doesn't make sense, or 15 years? Brett: Yeah, and I've done successful studies this year back to 1997. It's a hard number to remember but, yeah, it goes back to at least 20 years. After that, it's usually fully depreciated already. We're just accelerating that depreciation. After 20 or 22 years, there's not a lot of benefit left because you've already fully depreciated that asset, but I want to see everything over $70,000 since 1997. If you have a depreciation schedule or a list of properties of assets you've owned that are rental properties that you've had since that day, then let's take a look at it and see if we can reduce your taxes. Clint: In years past, you've been–how long have you been doing this? Brett: Myself? Four years. The company's been around for 12 years. Cost segregation has been largely started in the early 2000s, 2003, 2002. Like you said in the beginning, it started out with casinos and hospitals only; multimillion-dollar properties could afford the fees. We've cut that down to–you're talking residential rental homes at $100,000 can really benefit from these savings. That impact is huge for a small investor that has maybe six homes, saving 10-20 grand in taxes in a year. Clint: That's not small change. What happens to the investor who'll go to their local CPA and they'll tell them, "Hey, I heard about this strategy where we can accelerate the depreciation and put $20,000 back in my pocket this year," and the CPA says, "You can't do that because it's residential real estate,"? I'm sure that's come up before. How do you address that? Brett: You're talking about a situation where the CPA doesn't quite understand the value of cost seg or they just think it's only for super-million-dollar properties. We would love to work with that CPA. We would have to educate them on the value of that. There's no secrets to what we're doing. It's all transparent. Often times, the CPA will note there's an ego thing there or whatever. They don't want to lose the client or they're protecting their butt over their buys. I get that. They need a second opinion. Clint: Yeah. I found that, a lot of times, if they're not up on it, they're going to be down on it, and that becomes an issue. Brett: It does make them look bad. Clint: Yeah, exactly, like, "Oh, you mean I could have been saving this for the last four years?" Brett: That's true. Most CPAs, the good ones, are like, "Oh, thank you for showing this. We've learned about it and we've heard about it, but we didn't know how to do it," and that touches on a point like, "Yeah, all the big four firms have their own costing division." We work with all CPA firms across the country. We want to be their service provider for this. This is all we do, is cost segregation, and there's no reason for a firm to open up a branch of cost seg just for their clients with all the expenses associated with that. We will do it for you. We work hand-in-hand with a CPA such as your firm yourself and make sure that they're getting the service they need. Clint: Yeah, have you ever had one of your returns audited? Brett: We have. Clint: Yeah? How'd that work out? Brett: By "returns", you say the studies, right? Clint: Yeah, the studies. Brett: Back to the loophole question, we've done thousands and thousands of studies across the country, and we've been involved, I think, to date, in nine audits over the last 10 years. None of those were because of the cost segregation studies itself; it was for another issue with the tax return. The agent will say, "Oh, there's accelerated depreciation return. We'd like to see how you did it. Who did you use? What did you do? Did you just throw a dart and guess what percentage of cost of this carpet?" If you do that, you're in trouble. If you have a qualified study that meets the IRS guidelines that our company provides, then we never have any changes and then you're pretty safe. We will support that. If anything gets audited, there's no cost to help us support our reports, and it's very little risk as long as you're doing these studies correctly with the guidelines. Clint: See, that's so important because I've run into people before. They say, "Oh, my CPA's doing a cost seg for me," and I'll ask them. I'll go, "How are they doing?" and they told this: that they have software that figures it out. I'm just shocked. That's just setting yourself up for an audit, and I know from personal experience that those go, "Oh, yeah, you're right. You saved a few hundred bucks," until you're told you have to pay interests and penalties on what you did because you didn’t do it right. We had this LLC. This person passed away. Actually, it was a limited partnership, and she passed away. It's worth several million dollars and we wanted to get a discount valuation on the LP. I hired someone to do an analysis of the limited partnership to determine what the value of these units would be because it would save them about $375,000 in state taxes. Now, when I presented this to the individual, they said, "Well, how much is it?" and I said, "It's $35,000," and they just flipped out and lost it. I said, "Yeah, but look at how much money I'm going to save you." Now, thankfully, they followed my advice and we hired this individual to come in, analyze the limited partnership and come up with their discount valuation. They had a study that they used to support it. That study was approximately 60 pages in length. That return got audited. To your point and what I want the listeners to understand as well is that, when it was audited, all I had to do was send over that study that was done on the LP to support the discount valuations, and they dismissed it. That's why you don't–software does not do that. People have to realize you paying for services is going to provide for you a tremendous tax benefit going forward, and so that's why you've got to use someone that understands what it is we're doing here. Brett: That's correct. We've got stories like that, too, and, usually, they're dismissed with just handing over a properly-done study. We've got one. We went to an agent and he wanted to use a different case law or different case precedent for some of our deductions and so we said, "Okay," and then increased the deduction by half a million dollars. Clint: Isn't that great? Brett: He walked right out and he's like, "No, we're good." If you're doing it right and we will back it up, full support–we've been around forever–we'll be there. Clint: Now, we all know there's been some changes this year in the tax law. Tell everyone about what they can do, especially this year, and why it's so important to actually take advantage of this. Brett: We teased about it a couple of minutes ago, and there were several changes to the tax code that have impacted cost segregation. There's one in particular that I need to address as ground-level as I possibly can, and that's something called bonus depreciation. Bonus depreciation has been around since 2001, actually. It's a stimulus idea. It was designed to help people invest in equipment, and what it did is it allowed you to take a certain percentage of depreciation in the first year, but it had to be new construction or it had to be a new asset and then it had to have an asset life under 20 years. Also, we’re doing their cost segregation studies, and we're re-classifying a bunch of assets from 27 or 39 down to 5, 7, or 15 lines so also they qualify for bonus. That's bonus depreciation. In the past and up until a long time ago, 2017, that was 50%. There's two significant changes that happened with the new tax law. Number one, it no longer has to be new. This is huge because, now, anything anybody is purchasing now qualifies for what's called that bonus depreciation. Now, if they get a cost seg study done, we're identifying an average of 25% to 30% of that cost as an asset life under 20 years. I don't know, Clint, do you know what that new bonus percentage is? Clint: 100%? Brett: It's 100%, meaning everything we identify through a study is now expensed in Year 1. If you take–we'll use $100,000, which I'm told many don't exist anymore, and we re-classify 30% of that so $30,000, you've bought something for $100,000 and your deduction from that asset is $30,000. Multiply that by your tax bracket or your tax rate, and that's your true saving from the asset that you just bought. Another is a good land, of course, but, yeah. Clint: If you're in a 30% tax bracket, then that's close to $10,000, is what you keep. Brett: That's $10,000 off the price, just right off the top, just by buying it. I am encouraging. I am giving out as much as I can to CPAs doing this tax-planning phase for the next two or three months. Get something closed up by the end of the year, and if you foresee a big tax bill coming up for 2018, go buy yourself a rental home. Relative to your bill, you use the deduction with your tax advisor and work together with that. If you need some deductions, go buy some real estate. Clint: Let's assume that I have more deductions than I do income. What do I do with that? Brett: It call carries forward. It creates a passive loss, they will carry forward indefinitely, and you use it up as far as long–but that's another tax code change. It used to be 20 years. Now, you can use it for as long as you need it. Clint: Now, this 100% bonus depreciation, though. I think we should be a little more clear on that. That's only available for 2018, correct? Brett: Incorrect. It goes through the end of 2022, assuming nothing changes by then, which who knows. Clint: Great. Brett: A lot of my CPAs are like, "Let's just get all the deductions we can. We never know if it's going to change." For example, that was supposed to be phased out at the end of the next year. Bonus depreciation was going away in 2019 until the tax law came in and, now, bonus depreciation has changed to affect existing properties and new properties alike. It's 100% bonus, 100% expense, and it goes through the end of 2022. After which for the next four years, it pays out 20%, so 80%, 60%, 40%, 20% as opposed to some said at the end of 2027. I can't even think that far ahead. Tax laws and things have changed in the political atmosphere. Clint: Exactly. Brett: We're just like, "Get the deductions." If you can’t use it all, your bill's loss has built up, if you have the losses built up, then certain capital gains will trigger use of those losses to sell the properties. There's a lot of more strategies. I'm sure you can advise with your clients that help you maximize these tax methods. Clint: Absolutely. Then, we're looking at doing this–let's say I want to take advantage of 2018. Do I have to have all the studies done for 2018 or can I start the process and, as long as it's done before, do a tax return? Does that work? Brett: That's correct. We need about 30 days unless it's peak season, end of tax year, like last September or October. We need 30-40 days to complete a study but, as long as you purchase the asset by the end of the year, I have until maybe March to finish the study and, as a CPA, would like it early April for sure and have them a few days to input that deduction to their tax return. Clint: If I was doing my return on October because I found an extension, then I could actually go all the way until October 15th? Brett: Yeah. Just give us some time to get it to the CPA a little bit before the 15th. They don't want throw a schedule right on them and pay taxes due, not that I didn't do that for 12 times a few Mondays ago. It will go by the date you purchase the asset and then we have up until the next tax deadline to give you that information. Clint: That's going to be a huge tax savings for people on top of the tax cuts that came in this year. If you've got rental real estate, take advantage of this bonus depreciation with the cost seg. I know a lot of our clients may be able to put themselves in a zero-income situation, and that's important. Brett: The tax savings, you've got to use these for then further your portfolio, build your wealth from it. Invest it in the market or maybe don't go buy a boat or go buy a boat. I don't care, good memories, right? Clint: A fast car, yeah. Anything else about this topic that they need to know? Brett: I think the best way is the next steps in terms of, "What do I need to analyze a property and make sure it fits for you?" I only need, really, two and a half things, or maybe three things. I just need the total cost you paid for, that year you purchased it and, if you have an address, that'd be fantastic to shoot over my email. I like to look at the asset, kind of see what's involved, how big it is, things like that. We will come back to you usually within a day on the projected benefit and its associated cost, and the costs are low. From a single-family rental, I'll tell you you're talking less than $2000 depending on the size, its location. The average for a commercial building is right around 10, maybe 8 or 9. They're way worth it and then it goes up from there, but we like to see a large return on investment for that fee. Clint: Now, that's great. If somebody wanted to move forward to get a cost seg done on their rental estate, how would they go about contacting you? Brett: We have a website, Costseg Authority. We have an 800 number, 800-403 115, and you can call me directly on my cell 801-884-8358, if that helps. Just call us or email us. We pride ourselves on service. We work well with Anderson and just really enjoy working with people and saving them tax dollars. Clint: Great. I hope a lot of people that are listening to this or watching it on my YouTube channel definitely take advantage of this and reach out to because, if we can put an extra dollar on our pocket, that's just another dollar that we can take and use to pay your attorney. No, I'm just joking. Go out and invest with and buy more real estate. You wonder why how many people are able to accumulate so much in property, and a lot of it comes down to how they do it, having the education. Those individuals, they have access to that knowledge, and what we're doing now is we're giving people access to the same things the very wealthy people are doing to lower their taxes. Brett: You touched on it. As you close up, you wonder why all these political figures don't have seemingly large tax bills. They're large but not relative to their estate because they're using concepts like cost segregation. Clint: They get criticized for it. Brett: We just know, and it is. Ignorance can hurt you sometimes. Learning about this, employing these strategies will help with wealth, and grow your portfolio, and make some more money. Clint: Hey, thanks for taking the time with me today to go over this information. I know we're getting a lot of people that are going to be reaching out to you and, with that, thanks for coming on. Brett: Thanks for having me. I appreciate it. Clint: Alright, bud. Take care. Brett: Yeah, take care. Clint: Bye.
"I did not expect to go to a puppet show as an adult". Phoenix Radio's Jacob Moha meets Brisbane puppeteers Brett Hansen and Elissa Jenkins, whose Larrikin Puppets were the warm-up act for the Brisbane premiere of Jim Henson's 'The Happytime Murders'.
Muppet-style puppetry meets improv theatre games in a new show opening in Brisbane next weekend. "Show of Hands" is part of the Anywhere Theatre Festival and will be performed in a food warehouse, as Brett Hansen explains to Adam Sekli and Spencer Howson.
TheMakerz – #021 iTunes: https://itunes.apple.com/us/podcast/themakerz-podnutz/id1242688847?mt=2# RSS: http://feeds.feedburner.com/themakerz Patreon: https://www.patreon.com/themakerz Show – http://podnutz.com/category/themakerz/ Live Video And Chat – https://www.patreon.com/themakerz Email – themakerz@podnutz.com Hosts: DoorToDoorGeek – Steve McLaughlin – http://Podnutz.com Jonas Rullo aka Bambiker, aka jrullo on IRC Tumblr: http://bambiker.tumblr.com/ Chad Cory – youtube – watchmydiy https://www.youtube.com/channel/UCnXEH0eHynU464l5Lw9zyEw etsy shop – c3dbycac https://www.etsy.com/shop/c3dbycac Brett Hansen – @Newstalgic Twitter […]
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iTunes: https://itunes.apple.com/us/podcast/themakerz-podnutz/id1242688847?mt=2# RSS: http://feeds.feedburner.com/themakerz Patreon: https://www.patreon.com/themakerz Show – http://podnutz.com/category/themakerz/ Live Video And Chat – via https://www.patreon.com/themakerz Email – themakerz@podnutz.com Hosts: DoorToDoorGeek – Steve McLaughlin – http://Podnutz.com Jonas Rullo aka Bambiker, aka jrullo on IRC Tumblr: http://bambiker.tumblr.com/ Chad Cory – youtube – watchmydiy https://www.youtube.com/channel/UCnXEH0eHynU464l5Lw9zyEw etsy shop – c3dbycac https://www.etsy.com/shop/c3dbycac Brett Hansen – @Newstalgic Twitter Aaron Turnbull […]
Brett Hansen, VP of data security at Dell, recommends new approaches to securing endpoints, data and users from ever-evolving cybersecurity threats. Sponsored by Dell EMC. Guest: Brett Hanson, VP of data security
Following major breach revelations from Equifax, Yahoo!, Deloitte and the US Securities and Exchange commission, there have been many calls in the US for increased legislation and regulation that would force better privacy and identity management practices. In this CyberWire special edition, we’ll ask some cyber security experts about GDPR, what it means for privacy and data use, the right to be forgotten, the penalties for noncompliance, and what it means for organizations outside the EU. Joining us are Steve Durbin, Managing Director of the Information Security Forum, a not-for-profit organization providing its members with guidance on cyber, information security and risk management, Brett Hansen, Vice President of data security solutions at Dell, one of the largest suppliers of computer hardware, software and services in the world, and Darron Gibbard, CTSO at Qualys, a global provider of cloud-based security and compliance solutions.
TheMakerz – #013 Hosts: DoorToDoorGeek – Steve McLaughlin – Podnutz.com Aaron Turnbull – aar510430@gmail.com Liam Tidwell – LiamTek.com https://www.etsy.com/shop/3DTek Jonas Rullo aka Bambiker, aka jrullo on IRC Tumblr: http://bambiker.tumblr.com/ flyingRich – http://flyingRich.com Chad Cory – youtube – watchmydiy https://www.youtube.com/channel/UCnXEH0eHynU464l5Lw9zyEw etsy shop – c3dbycac https://www.etsy.com/shop/c3dbycac Brett Hansen – @Newstalgic Twitter James – james@cad9.design Contact: Email […]
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TheMakerz – #009 Hosts: DoorToDoorGeek – Steve McLaughlin – Podnutz.com Aaron Turnbull – aar510430@gmail.com Liam Tidwell – LiamTek.com https://www.etsy.com/shop/3DTek Jonas Rullo aka Bambiker, aka jrullo on IRC Tumblr: http://bambiker.tumblr.com/ flyingRich – http://flyingRich.com Chad Cory – youtube – watchmydiy https://www.youtube.com/channel/UCnXEH0eHynU464l5Lw9zyEw etsy shop – c3dbycac https://www.etsy.com/shop/c3dbycac Brett Hansen – @Newstalgic Twitter James – Contact: Email – themakerz@podnutz.com […]
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TheMakerz – #007 Hosts: DoorToDoorGeek – Steve McLaughlin – Podnutz.com Aaron Turnbull – aar510430@gmail.com Liam Tidwell – LiamTek.com https://www.etsy.com/shop/3DTek Jonas Rullo aka Bambiker, aka jrullo on IRC Tumblr: http://bambiker.tumblr.com/ flyingRich – http://flyingRich.com Chad Cory – youtube – watchmydiy https://www.youtube.com/channel/UCnXEH0eHynU464l5Lw9zyEw etsy shop – c3dbycac https://www.etsy.com/shop/c3dbycac Brett Hansen – @BrettHansenPC Twitter James – Contact: Email – […]
Hosts: DoorToDoorGeek – Steve McLaughlin – Podnutz.com Aaron Turnbull – Liam Tidwell – LiamTek.com https://www.etsy.com/shop/3DTek Jonas Rullo aka Bambiker, aka jrullo on IRC Tumblr: http://bambiker.tumblr.com/ flyingRich – http://flyingRich.com Chad Cory – youtube – watchmydiy https://www.youtube.com/channel/UCnXEH0eHynU464l5Lw9zyEw etsy shop – c3dbycac https://www.etsy.com/shop/c3dbycac Brett Hansen – @BrettHansenPC Twitter Contact: Email – themakerz@podnutz.com Instagram – http://instagram.com/themakerzpodnutz/ MeWe – […]
TheMakerz – #005 Hosts: DoorToDoorGeek – Steve McLaughlin – Podnutz.com Aaron Turnbull Liam Tidwell – LiamTek.com https://www.etsy.com/shop/3DTek Jonas Rullo aka Bambiker, aka jrullo on IRC Tumblr: http://bambiker.tumblr.com/ flyingRich – http://flyingRich.com Chad Cory – youtube – watchmydiy https://www.youtube.com/channel/UCnXEH0eHynU464l5Lw9zyEw etsy shop – c3dbycac https://www.etsy.com/shop/c3dbycac Brett Hansen – @BrettHansenPC Twitter Contact: Email – themakerz@podnutz.com Instagram – http://instagram.com/themakerzpodnutz/ MeWe […]
TheMakerz – #004 Hosts: DoorToDoorGeek – Steve McLaughlin – Podnutz.com Aaron Turnbull Liam Tidwell – LiamTek.com https://www.etsy.com/shop/3DTek Jonas Rullo aka Bambiker, aka jrullo on IRC Tumblr: http://bambiker.tumblr.com/ flyingRich – http://flyingRich.com Chad Cory – youtube – watchmydiy https://www.youtube.com/channel/UCnXEH0eHynU464l5Lw9zyEw etsy shop – c3dbycac https://www.etsy.com/shop/c3dbycac Brett Hansen – @BrettHansenPC Twitter Email: themakerz@podnutz.com ************************************************************************************** Notes: Hot shoe – […]
In this podcast, we look back at how information operations are going with respect to ISIS. We follow the current state of play in the dispute between Apple and the Department of Justice over unlocking an iPhone used by one of the San Bernardino jihadists. In cyber crime, bank heists succeed and (sometimes) fail, and some familiar threat names make their return. Cyber industry observers look at valuations, and at M&A activity. Brett Hansen from Dell talks with us about their latest study of the state of cyber security.