Podcasts about Brian Boyd

On this episode of Peloton People, Brian Boyd & David Kennedy join William to talk all things Peloton and everything in between!! Special shoutout to them for joining the show!

Shoot us a Text.Episode #1027: Lithia leans into affordability while breaking records despite tariffs. Carvana boosts its reconditioning game in Colorado. And Chipotle turns up the charm, teaching 3,800 teams to smile their way to better hospitality.Show Notes with links:While tariffs loom over the auto industry, Lithia Motors is leaning into its diversified strategy and breaking financial records. CEO Bryan DeBoer says the dealership giant is uniquely positioned to ride out the storm.Roughly 45% of Lithia's inventory isn't impacted by current tariffs, providing a significant buffer.The company posted a record $9.2 billion in Q1 revenue (up 7.2%) and $211.2 million in net income (up 28%).Lithia's emphasis on affordability, including older used vehicles, has strengthened its market position.With parts prices rising, DeBoer stressed the importance of matching pricing with competitors like Jiffy Lube and AutoZone, while offering both OEM and aftermarket parts.“With tariffs, we sit quite nicely,” said DeBoer, calling Lithia “probably the most diversified and least impacted” of the major retailers.Carvana is expanding its operational footprint in a big way, bringing inspection and reconditioning (IRC) services to its Colorado Springs ADESA auction site—marking its eighth national Megasite.The new Megasite in Fountain, CO spans 50 acres. It supports both retail recon and wholesale auction needs and will create 100 new jobs.With added IRC capacity, Carvana can offer more inventory and speed up delivery times for local buyers.This move enhances Carvana's recon and fulfillment network, bringing vehicles to market more efficiently.“This integration will bring a wider selection of vehicles with quick shipping times to local retail customers, and provide a more robust offering for local wholesale customers,” said Brian Boyd, SVP of Inventory.A customer study revealed Chipotle lacked friendliness and cleanliness, especially during peak hours so CEO Scott Boatwright has announced a new hospitality push including smiling staff, cleaner dining areas, and better on-site issue recovery.Every employee is now coached to greet customers with a smile at the tortilla station and end transactions with a heartfelt thank you, reinforcing a culture of warmth without slowing operations.Staff across all 3,800+ restaurants have been trained on “exceptional hospitality” standards.Despite a dip in transactions, Q1 sales were up 6.4% to $2.9 billion—driven by new locations.“The fact is, smiles down the line don't slow us down,” said Boatwright.Join Paul J Daly and Kyle Mountsier every morning for the Automotive State of the Union podcast as they connect the dots across car dealerships, retail trends, emerging tech like AI, and cultural shifts—bringing clarity, speed, and people-first insight to automotive leaders navigating a rapidly changing industry.Get the Daily Push Back email at https://www.asotu.com/ JOIN the conversation on LinkedIn at: https://www.linkedin.com/company/asotu/

Episode #916 Are you paying more taxes than you should? In this episode, Doug chats with Brian, a lawyer and tax strategist who's passionate about helping business owners and investors keep more of their hard-earned money. Brian shares practical tips on tax-efficient business structuring, real estate investments, and why your CPA, bookkeeper, and tax lawyer should work together as a team. You'll discover actionable strategies like how to maximize deductions, the benefits of holding companies, and the power of real estate professional status. Brian also dives into creative ways to leverage tools like whole life insurance and infinite banking, making complex topics approachable and clear. If you've ever wondered how to save on taxes ethically while protecting your assets and growing your wealth, this episode is packed with valuable insights you can use right now. Connect with Brian Boyd: Email: bboyd@thompsonburton.com Book: A Lawyer's Guide to Finding, Funding, and Managing Real Estate Investments  Facebook: www.facebook.com/ThompsonBurton/ Twitter: x.com/thompsonburton LinkedIn: www.linkedin.com/in/boydlegal/ __________ Hungry for more? Head over to our Bonus page for special access to some of the deeper tactics and techniques we've developed at The Powerful Man.

Where do you arrive if you follow Vaden's obsessions to their terminus? You arrive at Brian Boyd, the world expert on the two titanic thinkers of the 20th century: Karl Popper and Vladimir Nabokov. Boyd wrote his PhD thesis on Nabokov's 1969 novel Ada, impressing Nabokov's wife Vera so much that he was invited to catalogue Nabokov's unpublished archives. This led to Boyd's two-volume biography of Nabokov, which Vera kept on her beside table. Boyd also developed an interest in Popper, and began research for his biography in 1996, which was then promptly delayed as he worked on his book, On The Origin of Stories, which we [dedicated episode #50]((https://www.incrementspodcast.com/50) to. In this episode, we ask Professor Boyd to contrast and compare his two subjects, by addressing the question: What could Karl Popper have learned from Vladimir Nabokov? We discuss How Brian discovered Nabokov Did Nabokov have a philosophy? Nabokov's life as a scientist Was Nabokov simply a writer of puzzles? How much should author intentions matter when interpreting literature? References Boyd's book on the evolutionary origins of art and literature: On the Origin of Stories: Evolution, Cognition, and Fiction (https://www.amazon.com/Origin-Stories-Evolution-Cognition-Fiction/dp/0674057112) Our episode on the above (https://www.incrementspodcast.com/50) Stalking Nabokov (https://www.amazon.com/Stalking-Nabokov-Brian-Boyd/dp/0231158564), by Boyd. Boyd's book on Pale Fire: Nabokov's Pale Fire: The Magic of Artistic Discovery (https://www.amazon.com/Nabokovs-Pale-Fire-Artistic-Discovery/dp/0691089574) AdaOnline (https://www.ada.auckland.ac.nz/), annotated notes on Ada by Boyd. Art historian and one of Popper's close friends, Ernst Gombrich (https://en.wikipedia.org/wiki/Ernst_Gombrich) # Errata The Burghers of Calais is by Balzac rather than Rodin The Nabokov family fled Leningrad rather than Petrograd (as Petersburg had become during WWI). Socials Follow us on Twitter at @IncrementsPod, @BennyChugg, @VadenMasrani Come join our discord server! DM us on twitter or send us an email to get a supersecret link Become a patreon subscriber here (https://www.patreon.com/Increments). Or give us one-time cash donations to help cover our lack of cash donations here (https://ko-fi.com/increments). Click dem like buttons on youtube (https://www.youtube.com/channel/UC_4wZzQyoW4s4ZuE4FY9DQQ) Do you love words, or ideas? Email us one but not the other at incrementspodcast@gmail.com. Special Guest: Brian Boyd.

Jordan Peterson sits down with theorist and researcher Mark Changizi. They discuss the biological reasons for mass hysteria on the societal level, why we evolved to have color vision, and how we understand and interpret the patterns of the natural world. Mark Changizi is a theorist aiming to grasp the ultimate foundations underlying why we think, feel, and see as we do. He attended the University of Virginia for a degree in physics and mathematics, and to the University of Maryland for a PhD in math. In 2002, he won a prestigious Sloan-Swartz Fellowship in Theoretical Neurobiology at Caltech, and in 2007, he became an assistant professor in the Department of Cognitive Science at Rensselaer Polytechnic Institute. In 2010, he took the post of Director of Human Cognition at a new research institute called 2ai Labs and also co-founded VINO Optics, which builds proprietary vein-enhancing glasses for medical personnel. He consults out of his Human Factory Lab. He curated an exhibition and co-authored a (fourth) book — “On the Origin of Art” (2016) by Steven Pinker, Geoffrey Miller, Brian Boyd, and Mark Changizi — at MONA museum in Tasmania in 2016, illustrating his “nature-harnessing” theory on the origins of art and language. This episode was filmed on November 22, 2024  | Links | For Mark Changizi: On X https://x.com/MarkChangizi/highlights On YouTube https://www.youtube.com/c/markchangizi Website https://www.changizi.com/?_sm_nck=1 

Simon Conway's interview with Brian Boyd during Monday's second hour.

Brian Boyd is an attorney, real estate investor, and author based in Nashville, Tennessee. Specializing in real estate, construction, and business law, Brian leverages his legal expertise to guide clients through complex transactions. Alongside his wife, Dawn, Brian has successfully built a real estate portfolio generating a six-figure income. This accomplishment underscores his deep understanding of the real estate market and his ability to identify lucrative investment opportunities. Brian's academic journey reflects his commitment to knowledge and professional development. He holds a BA from the University of Tennessee-Chattanooga, a JD from Samford University's Cumberland School of Law, and an LLM in Taxation from Georgetown University Law Center. This extensive education equips Brian with a broad legal perspective, enabling him to provide comprehensive counsel to his clients.    Beyond his professional pursuits, Brian enjoys a fulfilling personal life in Franklin, Tennessee, with his wife, Dawn, their son, Connor, and their three beloved dogs. He is also a dedicated practitioner of Brazilian Jiu Jitsu, finding balance and discipline on the mats at his local gym. Brian's advice to aspiring investors and entrepreneurs emphasizes the importance of continuous learning and research. He encourages individuals to actively seek out information through blogs, podcasts, and other educational resources, even if it means dedicating extra time and effort. He firmly believes that knowledge and education form the foundation for success in any endeavor. For More Info: https://BrianTBoyd.com

Shoot us a Text.It's the fifth Friday of the month heading into a holiday weekend, and we are covering how Carvana is launching a megasite, the latest on dealership buy/sell trends from Haig Partners, and a dealership delivery that ended in an arrest.Show Notes with links:Carvana is transforming the ADESA Kansas City location into its first "megasite," blending auto auctions with vehicle inspection and reconditioning. This move is set to create 200 new jobs in Belton, Missouri, further expanding Carvana's retail and wholesale operations.The megasite model is unique to Kansas City; other locations like ADESA Buffalo and Portland will remain online-only auctions, even though they were previously announced as incorporating recon operations.Carvana acquired the 56-site ADESA network in 2022 and is now integrating it into its operational infrastructure.The site began operations in August, with roles including technicians and logistics associates.Brian Boyd, SVP of Inventory at Carvana, stated, “As Carvana transitions to its long-term phase of driving profitable growth, we are excited to further tap into the power of our infrastructure by bringing inspection and reconditioning capabilities to more ADESA sites."Haig Partners has released its Q2 2024 Haig Report®, detailing a shift in the auto retail marketplace from record profits and high dealership values. The report highlights a 32% decline in dealership profits and evolving trends in buy-sell transactions.Average dealership pre-tax income in Q2 2024 was $1.0M, a 35% drop from Q2 2023.The number of dealerships sold in Q2 2024 is on track to decline 11% from 2023, but 2024 is still on track to be the 4th most active year for buy/sells.Blue sky values remain elevated but are down 11% from the end of 2023, still more than double pre-pandemic levels.Public auto retailers significantly reduced spending on domestic dealerships, with Lithia being the only active buyer.Quote from Alan Haig - “We know that many dealers who wanted to grow were sitting on the sidelines over the past few years as they waited for prices to fall. Now is the time to get up!”A viral TikTok video from Gossett Kia in Memphis shows a seemingly typical vehicle delivery that takes a surprising turn when the customer is arrested for identity theft.The customer, William Hayes, 63, faces charges of forgery and attempted theft, accused of using a deceased person's identity to fraudulently buy two Kia Tellurides worth $158,885.The video begins with the usual celebratory scene of a car purchase, including applause and congratulations, then abruptly cuts to the customer being handcuffed by police.Hosts: Paul J Daly and Kyle MountsierGet the Daily Push Back email at https://www.asotu.com/ JOIN the conversation on LinkedIn at: https://www.linkedin.com/company/asotu/ Read our most recent email at: https://www.asotu.com/media/push-back-email

In Episode 171, Ben speaks with Dr. Brian Boyd, William C. Friday Distinguished Professor of Education in the University of North Carolina School of Education, director of the UNC Frank Porter Graham Child Development Institute, and the President-Elect of the International Society for Autism Research, INSAR In June 2023, Dr. Boyd hosted the first in-person meeting of the Black Empowerment in Autism Network. The first-of-its-kind group of Black scholars (including Autistic members) was developed to make autism research more inclusive and examine the ways that autism impacts Black children and their families. Contact: https://ed.unc.edu/people/brian-boyd/ https://www.linkedin.com/in/brian-boyd-162480170/   Links Black Empowerment in Autism Network https://ed.unc.edu/2023/06/15/creating-new-momentum-in-autism-research/ Color of Autism Foundation https://thecolorofautism.org/ Behaviour Speak Podcast Episodes Referenced Episode 28: Ariel Cascio https://www.behaviourspeak.com/e/episode-28-including-autistic-people-in-every-aspect-of-autism-research-with-dr-m-ariel-cascio-phd/ Episode 37: Grant Bruno https://www.behaviourspeak.com/e/episode-37-the-realities-of-autism-in-first-nations-communities-in-canada-with-grant-bruno-phd-candidate/ Episodes 43 and 44: Joe Lucyshyn https://www.behaviourspeak.com/e/episode-42-family-centred-positive-behaviour-support-with-dr-joseph-lucyshyn-phd-bcba-d-part-1/ https://www.behaviourspeak.com/e/episode-44-family-centred-positive-behaviour-support-with-dr-joseph-lucyshyn-phd-bcba-d-part-2/ Episode 89: Bukky Akinwale  - Ben's favorite Master's Thesis! https://www.behaviourspeak.com/e/episode-89-tales-by-moonlight-storytelling-for-youths-and-elders-in-a-historically-black-community-with-bukky-akinwale/ Episode 98:  Evan Auguste https://www.behaviourspeak.com/e/episode-98-black-liberation-psychology-a-conversation-with-dr-evan-auguste/      

In this episode, we sit down with Brian Boyd, a tax attorney, real estate investor, and author of the insightful book "Replace Your Income: A Lawyer's Guide to Finding, Funding, and Managing Real Estate Investments." Brian is here to share invaluable tips and strategies on leveraging real estate and the tax code to maximize wealth creation. With his extensive experience, Brian sheds light on often overlooked aspects of taxation, investment, and real estate management that can make a significant difference in your financial journey. From practical advice on saving on taxes to cautionary tales of real estate investing pitfalls, Brian brings a wealth of knowledge to the table. Join us as we explore the secrets to building a successful real estate portfolio while optimizing tax advantages. Get ready to revolutionize your approach to investing and financial planning with insights from one of the industry's foremost experts. Get ready for a deep dive into the world of real estate investing and taxation with Brian Boyd on this episode of the Dealmaker Diaries. --- Support this podcast: https://podcasters.spotify.com/pod/show/donald-thomas6/support

Do you ever look at your W-2 and wonder if there's a better way? Even as a successful private equity entrepreneur, it's easy to find yourself grinding endless hours…leading to massive burnout. That's exactly where Brian Boyd found himself as a high-powered tax attorney, working 50 out of 52 Saturdays a year. But he cracked the code to escape... Using real estate investing and savvy tax strategies, Brian went from burnout to building a portfolio generating $20,000 monthly in passive income. And in today's podcast, he's sharing his playbook with us. If you want to learn how he did that…you CANNOT miss this episode! Brian's first piece of advice is… Don't put more money into your W-2 job than you are willing to lose… In fact, you're technically an unsecured creditor of your own time and energy. That means your hard work is not even yours once it's traded for a paycheck. Plus, it's only a matter of time until real estate professional status becomes mainstream... The Fed simply cannot ignore the tax benefits forever. This means they either change the rules or more people will use this strategy. If you want a ton more insight into creating a passive income stream from real estate, you have to tune in to today's show! Take Control, Hunter Thompson Resources mentioned in the episode: Brian Boyd Email Website Instagram TikTok Facebook Interested in investing with Asym Capital? Check out our webinar.   Please note that investing in private placement securities entails a high degree of risk, including illiquidity of the investment and loss of principal. Please refer to the subscription agreement for a discussion of risk factors. Tired of scrambling for capital?  Check out our new FREE webinar -  How to Ensure You Never Scramble for Capital Again (The 3 Capital-Raising Secrets). Click Here to register.   CFC Podcast Facebook Group

Simon Conway's interview with Brian Boyd during Thursday's second hour.

Host Paul Pacelli opened Tuesday's "Connecticut Today" with his thoughts on a report that Democrats won't follow the usual procedures in nominating President Joe Biden for another term (00:41). GOP State Senator Jeff Gordon talks about growing calls for more penalties aimed at those who take part in illegal "street takeovers" around Connecticut (12:52). Veteran intelligence analyst and counter terrorism specialist Brian Boyd broke down the security failures during Saturday's attempted assassination of former President Donald Trump in Pennsylvania (22:37). Finally, Yankee institute blogger Meghan Portfolio returned for her weekly update (35:06) Image Credit: iStock / Getty Images Plus

Hi Get Unstuck Nation, Our guest Today, is a tax lawyer who wrote a book called Replace your Income; A Lawyer's Guide to Finding, Funding and Managing your Real Estate Without further ado, please welcome, Brian Boyd! Timestamp: (00:02:09) - How did you get into law? (00:03:31) - Setting a Tax Structure and How Early it Should be Started (00:04:35) - What's the next step after knowing the goal? (00:07:17) - How to decide on what type of real estate to invest in? How can I get started? (00:11:01) - In your opinion, Is there a downside to investing in real estate?  (00:14:40)) - “Some” Real Estate Tax Mistakes (00:17:50) - Calculating working hours for tax calculation (00:18:37) - Where can they reach you and your company?   More Episode like this visit: https://www.getunstuckmethod.com/podcast #getunstuckpodcast #getunstuck #lifestylebusiness #BrianTBoyd #mutitapanmook #entrepreneurialjourney

Today, we've got a special guest, a real estate and tax lawyer, Brian Boyd! Brian joins us to emphasize several benefits of investing in property rentals, helpful advice on buying and financing investment properties, and more of his expertise in unlocking the tax advantages of owning real estate!Key Points & Relevant TopicsBrian's passion for real estate and the things he likes about this investment vehicleBrian's advice on purchasing investment properties and borrowing moneyWhat the law says about real estate investing The short-term rental loophole and what does it meanMore benefits of investing in rental properties people should knowAdvantages of buying and running investment properties using LLCHow Brian's coaching programs work and his goals for aspiring investorsResources & LinksApartment Syndication Due Diligence Checklist for Passive InvestorAbout Brian BoydAs a lawyer in Nashville, Tennessee, Brian Boyd helps clients with real estate, construction, and business matters. It is with that knowledge that he and his wife, Dawn, have grown their portfolio to a six-figure income. Brian earned his BA from the University of Tennessee -Chattanooga, a JD from Samford University's Cumberland School of Law and an LLM in Taxation from Georgetown University Law Center. Brian lives in Franklin, Tennessee, with his wife and son, Connor, and their three dogs, Bourbon, Bailey, and Bella. When not practicing law or working with Dawn on their real estate ventures, Brian can be found on the Brazilian Jiu Jitsu mats at his local gym. Get in Touch with BrianWebsite: https://briantboyd.com/ Instagram: @briantboydTikTok: @briantboydTo Connect With UsPlease visit our website www.bonavestcapital.com and click here to leave a rating and written review!

Join Dave Knight in this episode of the First Responders Wealth Network Podcast for an insightful chat with Brian Boyd, a tax lawyer and real estate investor from Nashville, Tennessee. Since 2017, Brian has built a successful real estate portfolio, managing multiple properties and generating significant income. Brian shares his journey and experiences in the real estate market, offering valuable insights for both new and seasoned investors.   Brian covers a range of topics, including how he manages 33 properties, the benefits of strategic investments like short-term rentals and multifamily homes, and how tax strategies can boost real estate returns and protect investments. He also discusses common mistakes new investors make and provides tips for treating real estate as a business to maximize success.   Tune in now!  

Episode Highlights:Guest Introduction: Meet Brian Boyd, a seasoned real estate investor and tax expert who shares invaluable insights into the world of real estate investing and tax optimization.Understanding Tax Advantages:Depreciation Deductions: Learn how to utilize depreciation to reduce taxable income from your real estate investments.Cost Segregation Studies: Discover how these studies can accelerate depreciation schedules and increase cash flow.Bonus Depreciation: Gain insights into Sections 179 and 168(k) of the tax code, allowing investors to deduct a large percentage of an asset's cost upfront.Leveraging 1031 Exchanges:Reinvesting Profits: Explore how 1031 exchanges enable investors to defer capital gains taxes and reinvest profits into new properties, fostering further development and wealth accumulation.Long-Term Wealth Building:Strategic Planning: Understand why a deep knowledge of the tax code and strategic financial planning are crucial for seeing significant results over at least five years.Mindset Shift: Learn how adopting a mindset that prioritizes financial education and passive income can lead to real estate investment success.Approach of the Wealthy:Asset Focus: Hear how wealthy individuals prioritize financial stability through real estate investments rather than lavish spending.Success Stories: Be inspired by anecdotes of successful investors, including a Navy veteran who scaled from house hacking to owning hundreds of properties.Tax-Related Challenges:Common Pitfalls: Brian shares stories of tax evasion and undercapitalization issues, highlighting the critical importance of handling taxes correctly.Legal Battles: Understand the severe consequences of mishandling taxes and how to avoid these pitfalls.Managing IRS Matters:Practical Tips: Get practical advice on staying on the right side of the IRS and managing your tax obligations efficiently.Tune in to gain expert knowledge on leveraging tax advantages for real estate success and transforming your financial future through strategic investments.Connect with Brian Boyd:brian@boydwills.comhttps://www.facebook.com/briantboydesqhttps://www.instagram.com/briantboyd/https://www.linkedin.com/in/boydlegal/https://twitter.com/BrianTBoydhttps://briantboyd.com/

In this meeting, Kerry Lutz interviews Brian Boyd about the potential of real estate investing and Airbnb opportunities. Boyd emphasizes the possibility of replacing a nine-to-five income through real estate investments and provides examples of how properties can generate substantial income, particularly in locations like Nashville and Gatlinburg. They discuss Airbnb investment strategies and rental arbitrage, emphasizing the importance of avoiding overbuying and focusing on smaller properties that can generate consistent income. Boyd provides a comprehensive overview of real estate market growth, focusing on areas such as Montana, the western U.S., Tennessee, Texas, Florida, South Carolina, North Carolina, California, New York, and Michigan. They also touch on the impact of COVID-19 on market saturation and regulatory changes. Find Brian here: briantboyd.com Find Kerry here: FSN and here: inflation.cafe 

Ever wonder how laughter can be a lifeline in the midst of mental health struggles? Join us as we sit down with Brian Boyd, a substitute teacher whose humor and resilience have made him a beloved figure in his community. Brian opens up about his journey, sharing many of the difficult trials and challenges he's had to face throughout his life.  Fortunately, throughout the darkness and difficulties, God has provided Brian with rays of hope through his family, his faith in the gospel, substitute teaching, and finding humor in daily activities.Join us in this heartfelt episode where Brian shares many personal stories and spiritual insights to inspire us and remind us of the reality of God in our lives, and the importance of finding hope and inspiration in the journey.*** Please SHARE Brian's story and help us spread hope and light to others. ***To WATCH this episode on YouTube, visit: https://youtu.be/SzozcPrJ7-k-----To BUY Brian's book "Mr. Boyd is Pregnant: The Woes and Triumphs of a Substitute Teacher", go to (direct link): https://www.amazon.com/Mr-Boyd-Pregnant-Triumphs-Substitute/dp/1960397710-----Also, if you have a faith-promoting or inspiring story, or know someone who does, please let us know by going to https://www.latterdaylights.com and reaching out to us.

Bob met me at the retro Atomic Motel and we talked for over an hour about his new book, the poems in it, his childhood, bioregionalism, his trip to Cuba, Vladimir Nabokov's notion via biographer Brian Boyd of "attending to the individuating detail" of one's life (an upgrade from the same notion I've gotten from Blake and Pound) and his general "thing" "close attention to the natural world." It's the June 2024 Cascadian Prophets podcast:

Brian Boyd is based in Nashville Tennessee where he is practicing tax law. On today's show we are talking about some of the proposed changes to the US Tax Code and how real estate investors could adapt to those changes if they come to fruition. To connect with Brian visit briantboyd.com. ------------ Host: Victor Menasce email: podcast@victorjm.com

In this episode of the Real Estate Syndication Show, tax attorney Brian Boyd shares insights on real estate tax strategies. Learn how to leverage cost segregation, short-term rental deductions, and tax extensions to maximize deductions and minimize your tax burden. Brian also shares his market predictions and emphasizes the importance of data-driven investing and giving back to the community.Key takeaways:Build a Strong Tax Team: Partner with a tax attorney and CPA to navigate complex tax issues in real estate investing.Unlock Tax Savings with Cost Segregation: Significantly accelerate depreciation and reduce tax burdens with cost segregation studies. (Example: $30,000 deduction on a $100,000 property in year one!)Master the Short-Term Rental Loophole: Even without real estate professional status, deductions can be claimed on short-term rentals.Seek Expert Tax Advice: Don't be afraid to ask questions! There are always tax solutions – find a qualified professional to guide you.Tax Extensions are Normal: Don't panic! Filing extensions provide more time for accurate tax preparation and are not flagged by the IRS.Real Estate Market Insights: Interest rates are expected to normalize, and investment opportunities remain strong. Market data analysis and disciplined investment strategies are key.Give Back to Your Community: Consider following Brian's example of converting part of your portfolio to Section 8 housing to provide quality homes to those in need.Connect with Brian Boyd on social media at @BrianTBoyd on both Instagram and TikTok. Don't miss his upcoming seminar at Nashville School of Law on April 20th. Additionally, explore his insights in the book "Replace Your Income: A Lawyer's Guide to Finding, Funding, and Managing Real Estate Investments," available for purchase on Amazon.For more wealth-building real estate insights, subscribe to the Real Estate Syndication Show. Start investing today by visiting lifebridgecapital.com.VISIT OUR WEBSITEhttps://lifebridgecapital.com/Here are ways you can work with us here at Life Bridge Capital:⚡️START INVESTING TODAY: If you think that real estate syndication may be right for you, contact us today to learn more about our current investment opportunities: https://lifebridgecapital.com/investwithlbc⚡️Watch on YouTube: https://www.youtube.com/@TheRealEstateSyndicationShow

Are you a real estate investor hesitant to tackle the complexities of taxes? You're not alone. Taxes can feel intimidating, but what if they were a powerful tool to accelerate your wealth building journey?In this episode of the Real Estate Syndication Show, we explore this concept with expert real estate attorney Brian Boyd. With nearly 18 years of experience, Brian sheds light on the tax advantages often overlooked by real estate investors.Key Takeaways:Taxes as a Tool, Not a Threat: Brian flips the script on taxes, urging listeners to view them as an opportunity, not a burden. Real estate offers a treasure trove of deductions and tax breaks waiting to be harnessed.Master the Tax Code: Understanding tax laws empowers you to make informed decisions. Brian emphasizes the importance of learning the code and using it to your advantage for wealth creation.Don't Fear Audits: Brian debunks the myth that claiming deductions triggers red flags. As long as you stay within legal boundaries, confidently claim what you deserve.Assemble Your Tax Dream Team: Brian highlights the importance of a skilled tax strategist on your side. Look for a real estate-focused lawyer or CPA who can provide year-round guidance and strategize with you.The Wealthy Mindset: Brian sheds light on the mindset of successful investors. They view money as a tool and prioritize assets that generate returns and tax benefits. Owning a home isn't always the best strategy! Consider Brian's anecdote about a wealthy friend who leverages rentals to free up capital for more lucrative investments.Know someone who wants to build wealth through real estate? Share this episode of the Real Estate Syndication Show with them! Don't forget to visit lifebridgecapital.com to explore investment opportunities and start building your real estate wealth today!VISIT OUR WEBSITEhttps://lifebridgecapital.com/Here are ways you can work with us here at Life Bridge Capital:⚡️START INVESTING TODAY: If you think that real estate syndication may be right for you, contact us today to learn more about our current investment opportunities: https://lifebridgecapital.com/investwithlbc⚡️Watch on YouTube: https://www.youtube.com/@TheRealEstateSyndicationShow

Attorney Brian Boyd shares his passion for educating real estate investors on tax strategies and wealth creation through real estate. Summary On this episode of YFP Real Estate Investing Podcast, hosts Nate Hedrick and David Bright welcome special guest, attorney Brian Boyd. Brian, a passionate advocate for educating real estate investors on tax strategies and wealth creation through property investments, offers valuable insights on getting started, scaling up, and creating a lasting legacy. His expertise extends to conducting seminars and speaking engagements, making him a valuable resource for those looking to enhance their understanding of real estate and taxes. This insightful discussion on real estate investing, featuring personal stories, expert advice, and practical strategies will help seasoned investors and those just getting started on their real estate investment journey to navigate the complex world of property investments and taxation. About Today's Guest Brian T. Boyd is a skilled business litigation attorney who works hard to address your legal problems in Franklin and throughout Middle Tennessee. At the Law Office of Brian T. Boyd, PLLC, clients receive large law firm experience and capability, plus the attentive personal service of a small law firm. Clients, big and small, get the same superior service for every business formation, commercial litigation, tax, or estate planning need. Brian will listen carefully as you express your wishes and goals. He responds with realistic assessments and uses his legal knowledge to chart the correct course of action. He is as invested in you as you are in him. Whether Brian acts as general counsel for your company or addresses an individual entrepreneur's urgent legal matter, you receive sound recommendations and maximum availability to his expertise throughout the legal process. Mentioned on the Show YFP REI 113: Short Term Rental Tax Loophole YFP REI 115: What is REPS?  YFP 109: How Two Pharmacists Pay No Income Tax Through Real Estate  YFP REI 96: Managing Risk and Taxes through a Real Estate Team with Thomas Castelli Bigger Pockets  Tax Smart REI Podcast The Road to Serfdom Replace Your Income by Brian Boyd Brian Boyd on Instagram Brian Boyd on Facebook Subscribe to the YFP Newsletter YFP Disclaimer Your Financial Pharmacist YFP Real Estate Investing Facebook Group Nate Hedrick on Instagram David Bright on Instagram YFP Real Estate Investing Website David Bright on LinkedIn Nate Hedrick on LinkedIn  

What if there was a loophole in the tax code that you could use to not only earn more from your real estate investments but also pay less tax? Well, you need look no further, as Brian Boyd joins us today to share some incredible real estate tax tips! Tuning in, you'll hear all about our incredible guest's career as a lawyer, what got him interested in real estate, how he got started, exactly how to take advantage of the tax code using a clause in the Treasury Regulation, and more! We also delve into how an investor can decide on what investment is best for them before Brian shares some tips for finding good properties. He even tells us about a tragic death that happened on one of his properties and how he handled it. Thanks for listening in! Key Points From This Episode:A brief overview of Brian Boyd's remarkable career journey. How to save taxes through a clause in the Treasury Regulation. What gives you real estate professional status in the eyes of the law. One thing many rich people won't tell you: how to use the tax code to your advantage!Advice to help investors decide what kind of investment is best for them.Brian's tips for finding really good rental properties that are worth owning. The story of the murder that happened on one of Brian's properties. What sparked Brian's interest in real estate and how he got started. Links Mentioned in Today's Episode:Brian BoydBrian Boyd LinktreeBrian Boyd on LinkedInBrian Boyd on FacebookBrian Boyd on XBrian Boyd on InstagramBrian Boyd on TikTokReplace Your IncomeAsset Management Mastery Facebook GroupBreak of Day Capital Break of Day Capital InstagramBreak of Day Capital YouTubeGary Lipsky on LinkedInJoseph Fang on LinkedIn

John Novak shares on the righteousness of God and how that is also defined as generosity. He then shares on how we can apply His generosity to our lives. Today's Music: Firm Foundation (He Won't), King Of Kings, Isn't the Name, What A Beautiful Name, Take My Life And Let It Be, and Grace Like Rain (special by Brian Boyd)

Brian A. Boyd, Ph.D., explores the health challenges faced by autistic individuals, especially those in diverse gender and sexual orientation groups. He highlights the impact of societal barriers on their mental and physical health. Boyd emphasizes the need for research considering race, income, and state healthcare laws. He discusses the importance of understanding intersectional identities and promoting inclusivity in autism research. Boyd stresses the significance of cultural humility, diverse representation, and systemic interventions to address disparities. He urges a comprehensive approach acknowledging the complexity of people's lives to improve the well-being of autistic individuals across diverse communities. Series: "Autism Tree Project Annual Neuroscience Conference" [Health and Medicine] [Science] [Show ID: 39169]

Brian A. Boyd, Ph.D., explores the health challenges faced by autistic individuals, especially those in diverse gender and sexual orientation groups. He highlights the impact of societal barriers on their mental and physical health. Boyd emphasizes the need for research considering race, income, and state healthcare laws. He discusses the importance of understanding intersectional identities and promoting inclusivity in autism research. Boyd stresses the significance of cultural humility, diverse representation, and systemic interventions to address disparities. He urges a comprehensive approach acknowledging the complexity of people's lives to improve the well-being of autistic individuals across diverse communities. Series: "Autism Tree Project Annual Neuroscience Conference" [Health and Medicine] [Science] [Show ID: 39169]

Brian A. Boyd, Ph.D., explores the health challenges faced by autistic individuals, especially those in diverse gender and sexual orientation groups. He highlights the impact of societal barriers on their mental and physical health. Boyd emphasizes the need for research considering race, income, and state healthcare laws. He discusses the importance of understanding intersectional identities and promoting inclusivity in autism research. Boyd stresses the significance of cultural humility, diverse representation, and systemic interventions to address disparities. He urges a comprehensive approach acknowledging the complexity of people's lives to improve the well-being of autistic individuals across diverse communities. Series: "Autism Tree Project Annual Neuroscience Conference" [Health and Medicine] [Science] [Show ID: 39169]

Brian A. Boyd, Ph.D., explores the health challenges faced by autistic individuals, especially those in diverse gender and sexual orientation groups. He highlights the impact of societal barriers on their mental and physical health. Boyd emphasizes the need for research considering race, income, and state healthcare laws. He discusses the importance of understanding intersectional identities and promoting inclusivity in autism research. Boyd stresses the significance of cultural humility, diverse representation, and systemic interventions to address disparities. He urges a comprehensive approach acknowledging the complexity of people's lives to improve the well-being of autistic individuals across diverse communities. Series: "Autism Tree Project Annual Neuroscience Conference" [Health and Medicine] [Science] [Show ID: 39169]

Brian A. Boyd, Ph.D., explores the health challenges faced by autistic individuals, especially those in diverse gender and sexual orientation groups. He highlights the impact of societal barriers on their mental and physical health. Boyd emphasizes the need for research considering race, income, and state healthcare laws. He discusses the importance of understanding intersectional identities and promoting inclusivity in autism research. Boyd stresses the significance of cultural humility, diverse representation, and systemic interventions to address disparities. He urges a comprehensive approach acknowledging the complexity of people's lives to improve the well-being of autistic individuals across diverse communities. Series: "Autism Tree Project Annual Neuroscience Conference" [Health and Medicine] [Science] [Show ID: 39169]

Brian A. Boyd, Ph.D., explores the health challenges faced by autistic individuals, especially those in diverse gender and sexual orientation groups. He highlights the impact of societal barriers on their mental and physical health. Boyd emphasizes the need for research considering race, income, and state healthcare laws. He discusses the importance of understanding intersectional identities and promoting inclusivity in autism research. Boyd stresses the significance of cultural humility, diverse representation, and systemic interventions to address disparities. He urges a comprehensive approach acknowledging the complexity of people's lives to improve the well-being of autistic individuals across diverse communities. Series: "Autism Tree Project Annual Neuroscience Conference" [Health and Medicine] [Science] [Show ID: 39169]

Brian A. Boyd, Ph.D., explores the health challenges faced by autistic individuals, especially those in diverse gender and sexual orientation groups. He highlights the impact of societal barriers on their mental and physical health. Boyd emphasizes the need for research considering race, income, and state healthcare laws. He discusses the importance of understanding intersectional identities and promoting inclusivity in autism research. Boyd stresses the significance of cultural humility, diverse representation, and systemic interventions to address disparities. He urges a comprehensive approach acknowledging the complexity of people's lives to improve the well-being of autistic individuals across diverse communities. Series: "Autism Tree Project Annual Neuroscience Conference" [Health and Medicine] [Science] [Show ID: 39169]

Investing with Taylor at www.investwithtaylor.com Start your Solo 401k or SDIRA at www.passivewealthstrategy.com/rocket/ Brian Boyd is a tax attorney and experienced real estate investor. He has a master's degree in tax from Georgetown Law School and has written a book on building financial independence and tax-advantaged wealth through real estate investing. Brian offers coaching, mentoring, and online courses on tax and real estate matters. Summary: In this episode, tax attorney and real estate investor Brian Boyd shares key tax mistakes and misconceptions that many people have. He emphasizes the importance of understanding the tax rules and seeking professional advice. Brian discusses topics such as passive activity losses, the short-term rental loophole, the heavy equipment tax deduction, and writing off car purchases on taxes. He also highlights the potential benefits of real estate investing and the need to educate oneself on the tax advantages. Brian encourages readers to read his book and take the time to understand the tax laws and regulations surrounding real estate investing. Key Takeaways: Passive activity losses can be used to offset income from real estate investments, but there are specific rules and exceptions that need to be followed. The short-term rental loophole allows individuals who spend at least 100 hours a year on a short-term rental property to apply the tax benefits to their W-2 income. The heavy equipment tax deduction, under section 168K, allows real estate investors to write off a portion of the purchase price of qualifying vehicles used for business purposes. The bonus depreciation rule for heavy equipment allows for a 100% write-off in 2022, with decreasing percentages in subsequent years. It is important to track business use and consult with an accountant or tax professional to ensure compliance with the tax rules.  

Brett and Mark welcome special guest and Impala expert Brian Boyd to help review all of the cool gifts in this year's Driven Radio Show Holiday Gift Guide. From books to watches and everything in between, we have something for every budget and every gearhead, all on Driven Radio Show! Hosted on Acast. See acast.com/privacy for more information.

The leader of the Frank Porter Graham Child Development Institute talks about what drew him into the autism field, and his departure from — and return to — the University of North Carolina at Chapel Hill.

The leader of the Frank Porter Graham Child Development Institute talks about what drew him into the autism field, and his departure from — and return to — the University of North Carolina at Chapel Hill.

Smiths Doc on One, David Coughlan discusses the new documentary - Shelter, Declan Burke has been watching Prime Video's new show - Album Reviews, Brian Boyd & Aoife Barry have been listening to - Hozier Unreal Unearth/ Rhiannon Giddens, You're The One/ Margaret Glaspy, Echo The Diamond.

Why are humans a compulsively storytelling species? Why especially do we invent stories, why do we tell one another stories that both teller and audience know to be untrue? Why do many of us come to believe some invented stories? What difference has our compulsion to tell stories made to us as individuals, societies, and a species? How do we understand stories so seemingly effortlessly? Series: "CARTA - Center for Academic Research and Training in Anthropogeny" [Humanities] [Science] [Show ID: 38995]

The Second Murderer, Denise Mina brings us this new Philip Marlowe mystery, The Second Murderer - 50 years of Queen, Pat Carty takes a look at the birth of the band and their path to stardom - Album Reviews, Zara Hedderman & Brian Boyd have been listening to - Rita Ora / Mahalia / Sam Burton.

Take That and their cultural impact - The Full Monty, new series on Disney+ - Album Reviews, Andrea Cleary& Brian Boyd have been listening to Niall Horan, The Show // Janelle Monáe, The Age of Pleasure // Christine and the Queens, Paranoïa, Angels, True Love

Fifty godd*** episodes! 'Tis been a ride full of debate, drinks, questionable arguments, Ben becoming both a dualist and a social media addict, and Vaden stalwartly not changing his mind about a single thing. To celebrate, we dive into a thesis which connects many strands of what we've discussed over the years: Brian Boyd's work on art and fiction. Boyd provides an evolutionary account of why we're heavily invested in both creating and consuming fictional narratives. If this was simply a fun habit without any real advantage, such a propensity would have been selected against long ago because creating fiction requires an enormous amount of time. This raises the question: What is the advantage of fiction? Why is producing it adaptive? Brian Boyd (https://profiles.auckland.ac.nz/b-boyd) is a distinguished professor emeritus at the University of Auckland. His most well-known for his scholarship on Vladimir Nabokov, and is currently writing a biography on Karl Popper. You can understand why Vaden got so excited about him. Note: We spend a lot of time giving background context for Boyd's theory - if you want to skip all that and get right to the theory itself, we've added chapter markers to take you there. Added after publishing : Looks like chapter markers aren't working correctly on some players, discussion of theory begins at 00:40:43 We discuss - Reflections on our 50th episode! - Non-evolutionary theories of art and fiction, and why they fail - Boyd's thesis that art results from playing with pattern and information - Fiction as a kind of art which results from playing with social information - How these theories explain why art is adaptive - The link between art and creativity - How Boyd's theory improves on the two other major evolutionary theories of art References - On the Origin of Stories (https://www.amazon.com/Origin-Stories-Evolution-Cognition-Fiction/dp/0674057112) - Stacks of Stories, Stories of Stacks. Essay from the book Stalking Nabokov (https://www.amazon.com/Stalking-Nabokov-Brian-Boyd/dp/0231158572/ref=sr_1_1?crid=GM1PNYNGW6EO&keywords=stalking+nabokov&qid=1682337869&s=books&sprefix=stalking+nabokov%2Cstripbooks%2C82&sr=1-1) - Steven Pinker's thesis on art (https://stevenpinker.com/files/pinker/files/pinker_2016_we_make_art_because_we_can_mona_exhibit_by_steven_pinker.pdf) - Geoffrey Miller's thesis (https://varenne.art/usr/library/documents/main/geoffrey_miller_art_to_attract_mates.pdf) Quotes We crave information. But because we have a much more open-ended curiosity than other animals, we have a special appetite for pattern. We crave the high yield of novel kinds of pattern. So we not only chase and tussle, we not only play physically, but we also play cognitively, with patterns of the kinds of information that matter most to us: sound, sight, and, in our ultrasocial species, social information. We play with the rhythm and pitch and shape of sounds in music and song; with colors and shapes in drawing and painting and mudpies or sandcastles; and with patterns of social information in pretend play and story. In the social world, we see patterns of identity (who are they?), personality (what are they like?), society (whom are they related to? whom do they team up with? how do they rank?). In the world of events, we see patterns of cause and effect. In the world of social events, we see patterns of intention, action, and outcome. (Stacks of Stories, Stories of Stacks - Boyd) To sum up: I've explored the hypothesis that art—or at least many forms of art—exploit visual aesthetics for no direct adaptive reason. Making and looking at art does not, and probably never did, result in more surviving offspring. There are, to be sure, adaptive explanations why certain visual patterns give human beings aesthetic, intellectual and sexual pleasure: they are cues to understandable, safe, productive, nutritious or fertile things in the world. And since we are a toolmaking, technological species, one of the things that we can do with our ingenuity, aside from trapping animals, detoxifying plants, conspiring against our enemies and so on, is to create purified, concentrated, supernormal, artificial sources of these visual pleasures, just for the sheer enjoyment experienced by both maker and viewer. (Pinker) In the 1950s, when Desmond Morris supplied chimpanzees in his care with paint, brushes, and paper, they threw themselves into painting provided they received no external reward. Those who were offered food would make a few perfunctory strokes and break off quickly to seek another tasty morsel. But those whose motivation remained uncorrupted by “payment” developed a fierce commitment to painting. They painted intensely, persisting, while the session lasted, until they thought a sheet finished, though they would never glance at their work later. (On the Origin of Stories, pg 94) Our capacity to understand other minds so well, which arises especially from our cooperative disposition, allows us to understand false belief: we appreciate clearly that others may not know information relevant to the situation that we happen to know. That also means that we realize * we * may not know what we need to know, and that realization drives human curiosity. (Stacks of Stories, Stories of Stacks - Boyd) Very young children do not readily think offline, away from the here and now. They do not easily recall their recent past, but they can easily use the present props of toys, whether homemade or manufactured, to conjure up scenarios involving agents that hook their attention. They learn to think in a sustained fashion in ways decoupled from the here and now, first by using physical props as fellow agents, then gradually by raiding the readymade stories and characters of their culture. By building on our sociality, fiction stretches our imaginations, taking us from our immediate present along tracks we can easily follow offline because they are the fresh tracks of agents. (Stacks of Stories, Stories of Stacks - Boyd) In the 1989 TV movie The Naked Lie the unpleasant and self-centered Webster shows no sympathy for a prostitute who has been killed. When Victoria asks him, “What if it were your sister?” he sneers: “I don't have a sister, but if I did, she wouldn't be a hooker.” Later in the movie Victoria muses to another character: “You know that sister Webster doesn't have? Well, she doesn't know how lucky she is.” We easily follow Victoria's initial counterfactual, Webster's counterfactual refutation of her condition, and Victoria's comically contradictory counterfactual consequence, the sister who, because she does not exist, cannot know how lucky she is not to do so if she has to suffer Webster as her brother. Stories help train us to explore possibility as well as actuality, effortlessly and even playfully, and that capacity makes all the difference. (On the Origin of Stories, pg 188) Contact us Follow us on Twitter at @IncrementsPod, @BennyChugg, @VadenMasrani Check us out on youtube at https://www.youtube.com/channel/UC_4wZzQyoW4s4ZuE4FY9DQQ Come join our discord server! DM us on twitter or send us an email to get a supersecret link What patterns have you been playing with recently? Tell us your story over at incrementspodcast@gmail.com Image Credit: Kinza Riza, from the Atlantic article (https://www.theatlantic.com/entertainment/archive/2014/10/humanitys-earliest-art-was-spray-painted-graffiti/381259/).

Festival in a Van with FELISPEAKS,  Dagogo Hart and Samuel Yakura, collectively known as WeAreGriot - Eyes Guts Throats Bones by Moira Fowley - Album Reviews, Brian Boyd & Lauren Murphy have been listening to Everything But the Girl // Rodrigo y Gabriela // Feist, Multitudes

Ep#314 If we get to a litigation somebody has lost already with Brian Boyd As a lawyer in Nashville, Tennessee, Brian Boyd helps clients with real estate, construction, and business matters. It is with that knowledge that he and his wife, Dawn, have grown their portfolio to a six-figure income. Brian earned his BA from the University of Tennessee -Chattanooga, a JD from Samford University's Cumberland School of La,w and an LLM in Taxation from Georgetown University Law Center. Brian lives in Franklin, Tennessee, with his wife and son, Connor, and their three dogs, Bourbon, Bailey, and Bella. Key Highlights- Best practices around structuring a partnership- There is no win in partnership disputes- Best practices to structure LLC from tax POV- Tax-friendly states- Investing in construction-based investment projects- Best and worst investing experience- Pay attention to your property managersConnect with Brian Boyd- Website: https://www.boydwills.com/team/Follow Rama on socials!LinkedIn | Meta | Twitter | InstagramConnect to Rama KrishnaE-mail: info@ushacapital.comWebsite: www.ushacapital.com Register for this year's Multifamily AP360 virtual conference - multifamilyap360.com

As a lawyer in Nashville, Tennessee, Brian Boyd helps clients with real estate, construction, and business matters. It is with that knowledge that he and his wife, Dawn, have grown their portfolio to a six figure income. Brian earned his BA from the University of Tennessee - Chattanooga, a JD from Samford University's Cumberland School of Law and an LLM in Taxation from Georgetown University Law Center.   You can find his book: Replace Your Income (A Lawyer's Guide to Finding, Funding, and Managing Real Estate Investments) on amazon!   Here's some of the topics we covered:   Why Real Estate Is An Incredible Tax Haven The Tax Benefits Of Multifamily The Tax Laws The Encourage Investments The Economy Is a Buyer's Market Buying Real Estate During “The Dip” Getting Over The Hump Of The First Deal     To find out more about partnering or investing in a multifamily deal: Text Partner to 72345 or email Partner@RodKhleif.com    Please Review and Subscribe

Brian Boyd is the owner and managing attorney of the real estate and tax firm Boyd and Wills. Specifically, Brian advises clients on multifamily and commercial real estate, including syndications, and all their tax and legal implications. He is the author of the new book, "Replace Your Income: A lawyer's guide to finding, funding, and managing real estate investments."    Quote:   I want to build something that is making money while I sleep at night.   Highlights:   08:50: Convincing your spouse to invest in real estate when they're hesitant 15:10: Learning to deploy your equity to scale your investments 18:20: Bryan's experiences owning and operating a coin laundry business 23:00: How Brian manages depreciation recapture in his investments 26:00: Deciding when to sell your properties in today's market 28:50: Changes in seller expectations during recent market shifts   Guest Website: https://www.boydwills.com/   Recommended Resources:  Accredited Investors, you're invited to Join the Cashflow Investor Club to learn how you can partner with Kevin Bupp on current and upcoming opportunities to create passive cash flow and build wealth. Join the Club! If you're a high net worth investor with capital to deploy in the next 12 months and you want to build passive income and wealth with a trusted partner, go to InvestWithKB.com for opportunities to invest in real estate projects alongside Kevin and his team.  Looking for the ultimate guide to passive investing? Grab a copy of my latest book, The Cash Flow Investor at KevinBupp.com.  Tap into a wealth of free information on Commercial Real Estate Investing by listening to past podcast episodes at KevinBupp.com/Podcast. Learn more about Kevin's investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com.  

As a lawyer in Nashville, Tennessee, Brian Boyd helps clients with real estate, construction, and business matters. It is with that knowledge that he and his wife, Dawn, have grown their portfolio to a six-figure income. Brian earned his BA from the University of Tennessee—Chattanooga, a JD from Samford University's Cumberland School of Law, and an LLM in Taxation from Georgetown University Law Center. When not practicing law or working with Dawn on their real estate ventures, Brian can be found on the Brazilian Jiu Jitsu mats at his local gym. His newest book is Replace Your Income: A Lawyer's Guide to Finding, Funding, and Managing Real Estate Investments Today Brian talks about corporate structures, how they differ, and what you could be doing to protect your assets. Episode Links: www.briantboyd.com. www.boydwills.com --- Transcript Before we jump into the episode, here's a quick disclaimer about our content. The remote real estate investor podcast is for informational purposes only, and is not intended as investment advice. The views, opinions and strategies of both the hosts and the guests are their own and should not be considered as guidance from Roofstock. Make sure to always run your own numbers, make your own independent decisions and seek investment advice from licensed professionals.   Michael: What's going on everyone? Welcome to another episode of The Remote Real Estate Investor. I'm Michael Albaum. And today with me, I have Brian Boyd, who is a legal tax professional as well as an author and active investor. He's gonna be talking to us today about what we need to do to protect our rear ends. So let's get into it.   Brian, what's going on, man, thanks so much for taking the time to hang out with me today. I appreciate you.   Brian: Hey, Michael, thanks for having me today. I'm glad to be here.   Michael: I am super excited to chat with you. Because you are a legal attorney and investor something we don't often see too much of.   Brian: Yeah, I am. I started out in Washington, DC as a tax attorney at a company called Ernst and Young. And over the years, I got into real estate and investing because I was representing a lot of contractors and developers and started looking at the way they were doing their businesses. And from there, I started tweaking their models trying to figure out well, how can I make this a little bit more tax efficient, create a little bit more loss with a lot more cash flow. And so that's when my wife and I in 2017, decided to get into real estate investing on our own. And now we're up to 25 doors, and we're cash flowing just fine. You know, in, in fact, maybe in the next year or two, she could step away from her full time job. And we'll just manage real estate.   Michael: Man, I love it. And so is your background in tax or on the legal side of things, or both.   Brian: So I have a JD and I have an LLM, which is a master's degree in, in law. But It specializes in tax. So yes, I do corporate formations. I do business transactions, helping people the real estate, anything and everything to do with businesses, individuals and their finances. In real estate investing. That's what I do. So there was a time I used to go to court, but I don't go to court anymore. My partner goes to court, and I just do business transactions and real estate investing.   Michael: Man, I love it. And before we get everyone's hopes up, you are located out in Tennessee. But is that the only state in which you practice in? Or can you help folks all over the place?   Brian: So I am licensed in Tennessee and Vermont of all places. My partner is licensed in Tennessee in Maryland. But if it has to do with federal law, I can work all over the country. However, if people are asking specifically about California law, I'm not your guy, call a local attorney speak to a local attorney. But from a structural standpoint, I can give you the basics and kind of point you in the right direction. But unless you're in one of those jurisdictions, and you want me to practice in those jurisdictions, those are the jurisdictions I'm limited to.   Michael: Okay. Well, let's talk about that for a minute. Because I think we were chatting before the show, we hit record, and there are a ton of Californians physically moving out to Tennessee. But my guess is they're probably a lot of Californians investing out in Tennessee. And so for those folks that maybe live outside Tennessee, but are investing in Tennessee, in terms of structuring their team around them, should they be thinking about having a local attorney local to them, as well as someone such as yourself or a an attorney located where the property is? How should you be thinking about that?   Brian: No, that's great question. I actually had an attorney contact me a few weeks ago and he is a he's in Chico, California. He called me and said, Hey, I properties in Tennessee. Can you help me on what? Yeah, I'll absolutely be happy to help you. And so what we did is we structured a Tennessee holding company with a wholly owned Tennessee subsidiary. And even though he's out there, he owns the LLC here. And as he invests around the country, like Texas, or Florida, or you know, any of the other states, you know, we'll set up other holding companies to represent those entities. But he can stay in California and own these companies, as long as they're structured properly, to pass through to him over in California.   Michael: Okay, awesome. Well, Brian, give us like, the quick and dirty if there is such a thing of what investors need to know, because I think a lot of our investors are starting to scale their portfolios that got a couple of deals under their belt, and they're really looking for some asset protection. What are some things they need to be aware of and where have you seen people go wrong?   Brian: So I have seen people go wrong with a few misnomers about what they believe series LLCs are and what land trusts are. So a series LLC, I know that everybody hears therefore multiple properties. and they are. But they also don't understand that when you have a series LLC, you have to have a separate bank account, a separate tax ID separate books, all of that creates an administrative burden on you to keep all these bank accounts separate all these books separate all these tax IDs separate. And typically I see those used more efficiently if you're a developer, that way you can develop a series, sell it, and not worry about it. Again, if you're holding your assets in series LLC, and you have series one through 10, for example, that's 10 tax IDs, that's 10 sets of books, that's 10 book keeper entries every month for those separate things.   Whereas if you just have an LLC, and you treat it properly, so your corporate veil cannot be pierced. And a corporate veil is the corporate formalities that you have to adhere to. So your corporate structure is honored by the courts. And typically, here are the things that people get popped for, they'll pay for their groceries out of their LLC, they'll pay their own mortgage out of their LLC, or they'll just treat their LLC like a checkbook. And that's not what it's for. It is a standalone entity, and it has to be treated and respected that way.   So if you don't do those things, you're fine. Your one LLC is going to handle it just fine. For example, my wife and I have, we have a parent company, and that parent company has two LLC is underneath it. And one LLC is for our portfolio over here. And the other LLC is for that portfolio over here. And it all flows up into the holding company, which is a perfectly fine way to structure your holdings. Yes, it is more filing fees every year, it's three filing fees. But if you're trying to get away from filing fees by creating a series, LLC, you're losing the war to win the battle on a filing fee. Because you're gonna pay all these other expenses for tax IDs and book entries and bank statements. And you're just creating a mess. I would not use series LLCs.   Now as it relates to land trust, we mentioned that earlier, I've heard a lot of people say, Well, I want to use a land trust. Why do you want to use a land trust? I understand that land trust, get it out of your name. And I'm well aware of that. But it doesn't really create any protections like an LLC would. A lot of people say, Well, I want the anonymity of an LLC, well, you can have the anonymity, you know, of an LLC without using Land Trust. Many states, Wyoming, Tennessee, Texas, you can file your LLC documents, and your name won't appear anywhere on there as long as you use a registered agent. So you can receive the benefits of the anonymity that comes along with the land trust by simply using the LLC. And you'll get more protections with the LLC.   So I would encourage your listeners to go talk to a lawyer about setting up an LLC to hold their assets, I tend to eschew Land Trust, they don't really provide the protection that people think they do. Unless you're using an irrevocable trust, which is a trust that gets it out of your estate. Not only does it get it out of your estate, it gets it out of your control, and you can't do anything with it, you have to go through a trustee and that trustee is supposed to use their best judgment on what to do for the trust. So think about that, as you move forward. And these these ideas that people read about online, I really like LLCs, my wife and I use them, I encourage my clients to use them. So that's just coming from my experience and what I do day to day in my practice.   Michael: Yeah, from a lot of the folks I've spoken to it sounds like the LLC has come like the Colt 45. For real estate investors. It's reliable, it's standard issue, it can do a lot of the things you need, you need it to do. It's nothing fancy, it just can get the job done.   Brian: No, absolutely. I agree with that statement completely. Okay, cool.   Michael: And, Brian, I think you're a good person to ask because I think we have similar styles of investing and asset protection, which I'm glad to hear. It sounds like you've broken down your portfolios into two separate LLCs What comfort what level of comfort do you have with the size of your portfolio in each LLC, before you want to further break it up or bring additional LLC online?   Brian: And you know, that's a good question. So the way we have treated our LLCs is we go by city, what's in each city. So for example, in Chattanooga, we have an LLC for Chattanooga, and Knoxville and Gatlinburg, we have an LLC for those properties. And in our short term rentals are Montana and the West Tennessee property. We have a separate LLC for that because they're out west So we've kind of broken it down over here, over here and over there. And then we have a parent LLC over top of it. So it's not really a matter of the number of doors or number of properties that have in an LLC. For me, it was geographic, and being able to keep everything separate. And especially for our bookkeeper to know that, hey, these are Chattanooga, they're in that LLC. When you run that k one, it needs to include all these properties. Same over here. So it wasn't a matter of my comfort level with the number of properties, it was just a matter of how can I segregate out all the separate assets that we have and make it user friendly? And also, we're not clumping all of our assets into one LLC. We're spreading them out. But we're doing it geographically.   Michael: Right. Okay. And as you and your wife do start to scale, I mean, is there a number of value that you that you'd see hitting in a particular LLC and saying, oh, that's maybe a little heavy, and that LLC, even if I'm investing in the same geographic area, let me bring online, another LLC, just so I don't have so much value sitting in a singular bucket? Or is not? Is that not really a concern of yours?   Brian: No, that's not really a concern. And here's why it's not a concern. It's because it doesn't really matter how much my entire portfolio is valued at, I'm always going to be deploying that equity somewhere else to get into another deal. And that equity may get deployed into another LLC. So it's not really a matter of oh, we're too heavy in this particular market. If I had 1000 doors in Chattanooga, I would still leave everything in that one LLC.   Michael: Okay, right on. Let's talk about insurance for a minute. Yeah, how much is enough?   Brian: I would tell people, you can't have enough. You can't. So we, we have homeowners insurance on every single property. And then our LLC is have business insurance as well. So we also have business insurance for the LLC. And each property is fully insured. And then we require renters to have homeowners insurance. And on top of that, we require renters to use a product called say Rhino, which is security deposit insurance. So they're not paying us a security deposit that we're holding an escrow for them, they're paying monthly, you know, let's say, you know, a month's rent is $1,000, we typically require two and a half months of rent for a security deposit, will Rhyno only requires them to pay like $8 per 1000. So they would much rather pay 20 to 24 bucks, as opposed to tune $2,500 in security deposit. And over the over the year, it comes out a lot cheaper for them. And we're safe and secure, knowing that as long as they're paying that Rhino insurance. If we have to make a claim, it's there, we've got it, they'll take care of it. So we're we're layering insurance, on insurance, on insurance with every everything we can do. So not only from a corporate standpoint of the company, and the asset, but also the tenants and the security deposit. So that's four layers of insurance.   Michael: Run that by me again, what rino does so so they are basically ensuring the security deposit, then you can make a claim for damage against that security deposit up to that limit.   Brian: Yes, yes, absolutely. That's exactly what they're doing.   Michael: And what about the tenant that goes haywire, decides I'm gonna stop paying rent? I'm not paying this right. No nonsense. So they stopped paying it. They've paid six months to date. How does that work?   Brian: Yeah, we make a claim. Like if, and so we're, we're on top of our rents and our tenants. And it's in our lease that you have to pay all this stuff. And they do. And if they don't we just make a claim immediately.   Michael: And how is your claim experience spin with those folks?   Brian: We haven't had to make a claim yet. But the person Yeah, the person I learned this from, he turned us on to it. And we're like, what, have you ever made a claim? He's like, Yeah, they paid us in four days. I'm like, done. You know,   Michael: Yeah, I'm sold. I gotta go check this company. What's it called?   Brian: Say Rhino. Okay. And, you know, we looked into it. I did my research on it. I think they just did another round of fundraising. And we were sold. We've talked to him, they're easy to work with. They won't reject any of your tenants regardless of credit. As long as you approve them, they're approved. So I take it look, yeah, no longer holding escrow and no longer dealing with security deposits. Let them deal with it. And our experience so far has been great. Let's knock on wood. I don't have to use it. But if I do They'll also pay attorneys fees. So, if you have to let somebody Yeah, go make a claim.   Michael: Man, this podcast just took a wild left turn, but I love it. I've totally here for it.   Brian: Yeah, it's, it's, it's great. And that all goes into ensuring our company, ensuring our tenants making sure everything's taken care of, but also protecting us, because we have put a lot of money a lot of time into these assets. And, you know, we want to protect those assets.   Michael: Yeah, no, it makes total sense. Speaking of Brian, let's talk about this topic for a minute, because you're another good person to ask because you have both short term and long term rentals. Do you see a difference in risk exposure between the two and grouping both asset classes in us in the same LLC?   Brian: No, I don't. The only risk that you run with short term rentals is the seasonal market. In that, you know, we were just talking about Gatlinburg, you know, and people don't realize that the high season is actually summer in Gatlinburg, and it's not winter, which is kind of weird. But yeah, people don't want to go to cabins in the winter. So you've got to be able to weather those low months. But no, I would keep both assets in the same LLC if it's in the same geographic area for me.   Now, that's not to say it's not right for you. And you know, we could also talk about what's best for you. But no, it doesn't matter to me. Because for us, as everything flows up into our tax structure, we've created this, this LLC step tax structure, that everything flows to the top as a pass through. So everything's flown to the top and the parent company pays all the mortgages on everything. So if you have long term rentals that are just, you know, clicking along and you have a week, month, say in Gatlinburg, like we both know that January, February is a week, month in Gatlinburg. You know, there's plenty of money just to go ahead and pay that note. So that's, that's how we do it. And that's what I encourage clients to do. Because you're, you're not really breaching the corporate veil of everything flows up in the parent company's paying for everything. And that's how we structured it. So we're still, you know, adhering to the corporate formalities, respecting those corporate formalities, and everything is paid from the parent company.   Michael: Okay, cool. And then from like a legal risk mitigation perspective, short term rental doesn't sound like it poses any additional risk as compared to a long term rental.   Brian: No, I wouldn't think so. Because the the management companies and I don't know, if you use the management company, but they have them sign all these documents, and they have their own attorneys, or all these waivers in there, and they have to put a security deposit down, you know, to rent the property and, you know, a cleaning deposit. And there's so many different deposits that we tend to get good renters at all the properties.   Michael: Okay. Okay, fantastic. And as someone is thinking about scaling their portfolio into multiple properties, maybe some different asset classes, from an entity structure, is there anything that they should be aware of, or they should be doing differently, if they've already, you know, started using LLC us in the past?   Brian: I would stay with LLCs. If you if you turn to like a C Corp, you get the double layer double layer of tax. If you turn to an S corp, I think you're gonna have to deal with more corporate formalities than you are with an LLC, an LLC is very flexible with what you can do with it. I wouldn't go with a partnership, a general partnership doesn't tend to have the protections nor does a limited liability partnership. You really want the corporate structure of the LLC to stay in place.   So there is no other entity out there that I would encourage people to use other than the LLC. You know, reasonable minds can differ on that. I wrote a chapter in the book on it. But at this point, I am not advising clients to use any other structure other than the LLC, it's very flexible, it's easy to buy and sell assets through and quite frankly, you know, it's it's easily respected in the state of Tennessee and in other states as well, I'm sure you know, LLCs are just common now, you know, as common now as s corpse were in the 60s 70s 80s and up to the 90s.   I would also encourage people to look at Wyoming, Wyoming is on the cutting edge of LLC formation. You know, they recently came out with a new type of LLC that has to do with crypto currencies and blockchain protections. It's it's crazy what they're doing out there. Tennessee follows shortly thereafter and we're all still trying get our heads around it because one, I'm not a crypto guy. I don't know a whole lot about it. But you're starting to deal with like blockchain technology for the way people can vote. It's, it's really fascinating. So I do like Wyoming, I have a Wyoming LLC for one of my assets. And, you know, it's a great state as well.   Michael: I dig it. You mentioned your book, let's talk about that for a minute. What's it called? Where can people find it? And what should they expect to find if they get a   copy?   Brian: Sure. It's, it's called replace your income, a lawyer's guide to finding funding and managing real estate investments. And they can find it on Amazon. Or they can go to www.BrianTBoyd.com. And they can order it through there. So the reason I wrote this book is because I'm having conversations very similar to what we're talking about now, about, how do I form things? What do I form? Why do I form it? Should I put all my assets in one LLC? And this book came about as a compendium of all those conversations I've had over the years with, with clients in real estate investing, how do they get started? How do they find properties? How do they get a loan? You know, what kind of loans are available? What platforms do I use? Do I do I use, Say Rhino? Or do I use Bildium? Or, you know, what's available? How can I do this using technology to leverage efficiency here? And so it's 13 chapters on all of that, including tax benefits, finance tips, how to structure an LLC, what you need to think about when you're putting together an operating agreement? You know, what's the difference between an operating agreement and bylaws? What's the difference between a charter and an articles of organization. I try to break it down. As if I'm talking to my 11 year old son, anybody can understand it. And that's what I want people to know about this book. It's, anybody can invest in real estate. You don't have to be a professional or have, you know, a six figure income, you can be a college student and start house hacking. You can easily you know, get a loan go buy a small two bedroom, one bath apartment somewhere, and get a roommate, move a roommate and then charge them rent and now your house hacking and now your real estate. And so it's possible for everybody.   Michael: Yeah, I love it. I love it. Brian, curveball question here. What's the best compliment you've ever received?   Brian: That I married up?   Michael: Is that Is that a compliment to your wife? Is that a sort of backhanded compliment to you?   Brian: It's probably a backhanded compliment to me, but I I, I could not do what I do without my wife, my wife is, you know, she's an inspiration. She basically runs the entire company. She only lets me talk to people if she can't figure it out. And she is the backbone behind this company. And the funny thing is, I had to drag her into real estate investing, I kept telling her about all the tax benefits of this honey, we can, we can make passive income. And, you know, let me tell you about appreciation and depreciation and how we can, you know, offset some of our income taxes. And she didn't believe me. Now, mind you, I have a master's degree and like, I went to school to do this. And I actually did this for a living for years. And somebody handed her Rich Dad, Poor Dad, and she read it and we're lying in bed when I was like, Hey, did you know that? If we did this, we could pay for a car?   I was like, yeah, she's like, did you know we could write our phone bill up? I'm like, Yeah, I did. She's like, did you know like, we could buy a computer and write it off in one year? I'm like, yes. I've been telling you this. And she doesn't believe it coming from me, the guy who has two graduate degrees and does it for a living, but she believes it from the guy that wrote the book, and I'm like, Okay, well, maybe I need to write a book and she'll she'll listen to, but she still doesn't listen to me. So it is what it is. But she she runs this company. And you know, I couldn't do without her. So when somebody says, I'm married up, I'm like, Yeah, I did. And I'm very lucky I did.   Michael: Amazing. So amazing. Well, Brian, that brings up maybe my last question for you. Before I let you out of here. I think there are a lot of folks probably listening to this that have a partner significant other that aren't interested or aren't involved with a real estate investing, but they would really like them to be or they need them to be. And so you went through this struggle with your wife, how how should people be thinking about bringing their other partner into the fold?   Brian: What I would tell them is you don't have to buy the book. You can look online and see the tax benefits of it. Is that You're going to create positive cash flow. And you're going to create tax deductions that's going to offset not only your cash flow, but your current income tax liability. So if you would like to pay less in income taxes every year, look at real estate investing. Look at it. You know, if you decide not to do and it's not for you, okay, don't do it. There are other things you can invest in. But our Congress has codified our public policy of investing in real estate in our tax code. It is there for you to take advantage of, look, when it comes tax time every year, I always kind of get a little tense, but then I'm like, Okay, well, let's go go buy another property. And then we can cost segregate that property, accelerate the depreciation, and create a larger tax deduction for ourselves, and it's not so painful come tax time.   I'm sure you know that as well that, hey, we can cashflow this property. And, you know, the government actually is encouraging us to go buy real estate, the government is encouraging you to succeed. And that's all I want for anybody is to succeed. You know, this book, I think it's 19.99. It's a lot cheaper than sitting down with me for an hour. And this is everything I've already talked about with people, and I do on a regular basis. So if your spouse is struggling to get on board with your idea of real estate investing, you know, maybe buy the book for them and show them that, hey, this is possible.   You're talking to a guy who worked two jobs to put himself through law school, and then two jobs while I was in graduate school on top of that, and I'm still paying off student loans. But you know what, I paid off a student loan last week. And I did it because we got a refund. That came back to me as a result of the deductions I have through real estate. And the first thing I did with that check was, hey, it's enough. I'm going to pay off that loan. And I did. So it's, it's a real example of how real estate can affect your bottom line.   Michael: I love it. That is awesome. And congrats on getting that loan paid off. That's really exciting.   Brian: Oh, thanks so much.   Michael: You got it. Brian, we're gonna get you out of here. If people want to continue the conversation, learn more about you. What's the best way for them to do so?   Brian: They can get in touch with me at the law firm. The website is www.BoydWills.com. And, you know, you can reach out to me on the Brian T Boyd, Facebook page and on Instagram.   Michael: Okay, amazing. We'll be sure to do that. Brian. Thanks again for sharing some amazing wisdom man. Appreciate you coming on. We'll talk soon.   Brian: Thanks, Michaels. Good to be here.   Michael: You could take care.   All right, everyone. That was our episode. A big thank you to Brian for coming on and sharing some wisdom about LLCs asset protection, tax benefits and some loopholes that we can take advantage of as real estate investors. As always, if you enjoyed the episode, feel free to leave us a rating or review wherever you get your podcasts and we look forward to seeing on the next one. Happy investing