Podcasts about CPA

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    Best podcasts about CPA

    Show all podcasts related to cpa

    Latest podcast episodes about CPA

    Sons of CPAs
    Acqui-hiring Accounting Avengers (feat. The GrowthLab FaaS)

    Sons of CPAs

    Play Episode Listen Later Jul 1, 2022 47:27


    Another special BONUS featuring some of our great friends at THE GrowthLab FaaS Today we're pleased to be joined by Heather Satterly, CPA and Steven Byler. Heather is the newly appointed CIO (Chief Innovation Officer) of The GrowthLab and co-host of the Appy Hour; Heather is also the Founder of Satterley Training & Consulting LLC, a firm dedicated to helping accounting professionals gain the skills and confidence to explore and adopt new accounting technology. Also the founder of Satterley Accounting Services, a bookkeeping, and tax firm located in Rhode Island, providing clients order, simplicity, and clarity in their financials. As well as the Co-Host of The 'Appy Hour with Liz and Heather, a bi-monthly webinar series dedicated to educating accounting professionals about the latest trends in accounting technology and automation techniques. Steven Byler is the President & Co-Founder of The GrowthLab, a Finance-as-a-Service (FaaS) company that serves Founders and Management Teams with Financial Planning, Accounting, and CFO support. GrowthLab specializes in helping startups, emerging growth companies, and companies in turnaround mode by providing leadership and execution with their financial management, accounting, and strategic planning functions. --- Send in a voice message: https://anchor.fm/sonsofcpas/message

    Growing Your Wealth with Brian Evans
    The Importance of Investing Combined with CPA Advice

    Growing Your Wealth with Brian Evans

    Play Episode Listen Later Jul 1, 2022 2:00


    In this episode Brian discusses why it's important to combine investing advice with the oversight of a CPA.

    The Freedom Formula for Physicians | How Doctors Cut Debt & Slash Taxes |  Business Of Medicine | Financial Education

    Investing might sound like a simple concept and it is, but at the same time, it's the hardest thing you'll ever do. So in today's episode, I would love to introduce you to someone that can educate us when it comes to investing. He is someone that started with a corporate career and really kind of converted his mindset from Wall Street assets to real assets. He is the CEO of Match Real Asset Partners. Please welcome Mark Livingston. In this episode, Dave & Mark Livingston talks about… How did Mark set a path towards having an interest in entrepreneurship? The lesson he learned from his father when he failed his business When did he start investing? How did being a CPA influence him to start to look at investments  When did he start investing in the Wall Street assets and how has that shifted for you over time? His journey in Land Business What have been the pros and cons of the deal funding for you? What is CO2 scrubbing equipment? How to bring in other investors into this type of deal? Resources Mentioned: Contact: What's My Number? - (612) 284-2409 Website matchrealassetpartners Email freedomformula@matchrealassetpartners.com Books: Rich Dad, Poor Dad books -  Robert Kiyosaki books  Cash Flow Quadrant - Robert Kiyosaki books  Multiple Streams of Income -  Robert G. Allen   For all the show notes, and more, check out the podcast website at www.doctorfreedompodcast.com ----more--------more--------more---- Investment advice is only offered in jurisdictions where Centurion Financial Strategies, LLC (“Centurion”) is appropriately registered or exempt from registration. Our Form ADV Part 2 brochure can be obtained free of charge at https://adviserinfo.sec.gov by searching for our firm by name or its unique CRD number (316454). This podcast is not a solicitation to provide advisory services in any jurisdiction in which we are not appropriately registered or excluded from registration. The information, statements, and opinions contained in this podcast have been obtained from or are based upon information obtained from sources which we believe to be reliable, but we do not warrant or guarantee the timeliness or accuracy of any such information. This podcast is intended for informational purposes only and should not be construed as personalized investment, tax, or legal advice. Opinions expressed by any guest are their own opinions and do not necessarily reflect the firm's views. You should carefully consider your unique financial circumstances and needs prior to making any investment in securities or purchasing any insurance products. Past performance is not indicative of future results. Investing in securities involves the risk of loss. Insurance products are backed by the financial strength and claims-paying ability of the issuing insurance company and may be subject to restrictions, limitations, and early withdrawal fees which vary by issuer. You should consider the charges, risks, expenses, and investment objectives of any insurance products before entering a contract.

    Sunday Service
    06-26-22 | How To Work With Realtors In Creative Deals

    Sunday Service

    Play Episode Listen Later Jul 1, 2022 84:10


    Thanks for listening to Sunday Service! This week on Sunday Service, we are bringing it back to the basics and answering your questions on wholesaling and creative finance real estate! Don't miss this live Q&A!

    Wholesale Hotline
    Buyers First! | Subto Breakout

    Wholesale Hotline

    Play Episode Listen Later Jul 1, 2022 4:06


    Why are you getting sellers under contact with no buyers? Pace breaks it down and makes sur you have buyers   ➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖ ☎️ Welcome to Wholesale Hotline & Subto Breakout✌️✌️! ☎️ Need discounts and free trials!? Check this out for the softwares/websites/contracts/scripts/etc we use in our business: ✌️ https://shor.by/pace-youtube ✌️ ➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖

    Remarkable People Podcast
    Charles J. Read | Peace Amid Conflict, Losing Loved Ones, & How to Use Adversity to Your Advantage | S5 E95

    Remarkable People Podcast

    Play Episode Listen Later Jul 1, 2022 75:23


    "When setting business goals, most people make the mistake of overestimating the year, and underestimating the decade." - Charles J. ReadEPISODE OVERVIEW: What kind of person cycles 2,000 miles cross country by themself at 13 years old to spend his 14th birthday with their grandmother?  The same type of person that graduated high school with a D-average and then joined the USMC at 17 years old to serve his nation.  You know, the type of person with character that is rich in intelligence and common sense, but poor in patience for the mondain. Watch or listen now to see how this week's guest grew up fast in the military, learned to make the hard decisions in life, and became a successful businessman with the love of his life. Most importantly, he shares the tips and insights that made him successful, so we can be too!  All this and MUCH, MUCH more in this episode of the Remarkable People Podcast, the Charles J Read story! GUEST BIO: Charles J Read is a Certified Public Accountant (CPA), U.S Tax Court Practitioner ( USTCP), former member of Internal Revenue Service Advisory Council (IRSAC), Vietnam Veteran, and the Founder of GetPayroll. Mr. Read's companies have provided full-service payroll services, payroll tax services, and other payroll-related services since 1991. Charles is an accomplished senior executive and entrepreneur with more than fifty years of financial leadership experience in a broad range of industries and the author of four books with the most recent one being, The Payroll Book: A Guide for Small Businesses and Startups. EPISODE PROUDLY SPONSORED BY: Ascend 2 Glory: Sales & Marketing Video Guide SHOW NOTES, GUEST CONTACT INFO, SPECIAL OFFERS, & OTHER RESOURCES MENTIONED:Guest Contact Info:Website: https://getpayroll.com/Facebook - https://www.facebook.com/GetPayroll/Twitter - https://twitter.com/getpayrollLinkedIn - https://www.linkedin.com/company/10964861/Instagram: https://www.instagram.com/getpayroll/ Remarkable People Podcast Listener Special Offer(s):Get a Free copy of The Payroll Book, by Charles J Read, using code: "Podcast" at https://thepayrollbook.com/ Resources Mentioned: Youtube -  https://www.youtube.com/c/GetPayroll HOW TO SUPPORT THE REMARKABLE PEOPLE PODCAST:Share the Podcast or specific episodes with your family, friends, and co-workersSubscribe, Rate, & Review  us on YouTube, Apple Podcasts, Spotify, or your favorite Podcast PlayerSponsor an Episode or Donate what you can financially to help us continue to bring great content that inspires you and people like you around the world! HAVE A QUESTION?Click Here to Connect with David THE NOT-SO-FINE-PRINT DISCLAIMER: While we are very thankful for all of our guests, please understand that we do not necessarily hold or endorse the same beliefs, views, and positions that they may have. We respectfully agree to disagree in some areas, and thank God for the blessing and privilege of free will.Support the show

    American Institute of CPAs - Personal Financial Planning (PFP)
    Talking to clients about market volatility {PFP Section}

    American Institute of CPAs - Personal Financial Planning (PFP)

    Play Episode Listen Later Jul 1, 2022 16:15


    Even if you're not managing money for your clients, they likely look to you as their CPA to provide a sounding board and peace of mind when they see their hard-earned money in the hands of volatile markets. In this episode of the PFP Section podcast, Kelley Long, CPA/PFS, shares how she talks her clients off the ledge so that they don't make decisions they regret or that aren't in their long-term best interest. Kelley shares: Words of wisdom from Psychology of Money author Morgan Housel Why it's not effective to get too technical and share statistics from the past when clients are emotional How to get clients out of their lizard brain and back into their pre-frontal cortex Strategies to help clients stick to their long-term investment and financial plan Access resources related to this podcast: Note: If you're using a podcast app that does not hyperlink to the resources, visit http://pfplanning.libsyn.com/ to access show notes with direct links.  How to have transformative conversations This episode is brought to you by the AICPA's Personal Financial Planning Section, the premier provider of information, tools, advocacy and guidance for professionals who specialize in providing tax, estate, retirement, risk management and investment planning advice. Also, by the CPA/PFS credential program, which allows CPAs to demonstrate competence and confidence in providing these services to their clients. Visit us online at www.aicpa.org/pfp to join our community, gain access to valuable member-only benefits or learn about our PFP certificate program. Subscribe to the PFP Podcast channel at Libsyn to find all the latest episodes or search “AICPA Personal Financial Planning” on your favorite podcast app.

    Financial Investing Radio
    FIR 153: Tax Saving Secrets From An Insider

    Financial Investing Radio

    Play Episode Listen Later Jun 30, 2022 25:47


    In this episode, I have the opportunity to sit down with someone that has digested and synthesize the tax code and brings the tax saving secrets to you. Grant  Hey, everybody, welcome to another episode of Financial investing radio. So today I have with me someone that just barely met. But as I review, his biography, his profile what he does, it is in one of those places, which I admittedly know so little about, I lean on so many people for help in this area. Now I get to meet with and speak with an expert in the area of how to take it to the tax man. All right, let me welcome Mark Meyers here today. Welcome, Mark. Mark Hey, thank you so much, Grant, I'm excited to chat with you about this. And, you know, hey, if you can keep more of that hard earned profit. It definitely helps in the wealth accumulation realm for sure. So this exciting topic. Grant Boy, for sure. You know, when when you think about taxes and talking about taxes, you know, it's probably right up there with flossing your teeth, right? It's like, oh, everyone should be doing it. Right. But oh, my gosh, do I really want to talk about taxes. Turns out, as I was reviewing some things that you have done to help people, individuals, businesses, really reduce their tax burden. And putting that money, like you said, or leaving that money back in your pocket, suddenly, it becomes really an interesting topic to address. But before you give away any secrets, let's back up. How is it that you got interested in taxes? What is it that even got you to this point?  Mark Grant, you know, it's an interesting story, because I started out my career at the University of Florida, with as an undergrad in exercise physiology, get my Master's in sports management, moved to New York City to manage health clubs, and then moved to Los Angeles to edit, manage more health clubs. And in the process of doing that, I helped a really large high end brand, open a number of different locations. And in that they were they went from a 10 clubs to over 100 clubs. And in that process, I really learn to be an owner operator, every club that I would open or go chant, you know, help return around, I'd have to really be mindful of driving revenue, minimizing expenses, putting the operations in in place, you know, the best practices in place to get the best output. And of course, I was compensated on EBIT margin, so I'd get a base, and then I'd have cash bonus based off of how profitable is the company process, I realized, you know, hey, I might be running health clubs. And I might have a background here, but I have a knack for running companies. And I know there's a lot more opportunity in the financial markets in the financial world, particular to consulting with business owners, that's when I said the light came on after, you know, working well over a decade, you know, 365 days a year, and these clubs are open from, you know, five in the morning till 12 At night, you know, they never got hit. So I'm like, Okay, I'm going to shift gears here and do something fun that can ultimately help other people, and also helped me kind of increase my income opportunity here. Get out of this glass ceiling environment. Grant Yeah. So So you are living this life of just constantly being on right, the lights on, right, because your clubs are on right, the gyms are open, and so you're trying to optimize as much as possible. Talk about school, hard knocks, right? I mean, you learn the lessons along the way, for sure, right? Oh, for sure. Mark I mean, it's one of those things where you know, every penny counts, particularly in that industry. And of course, I worked in a higher end layer. So it was, you know, we're looking at 200 plus dollar a month memberships with spa packages and training and Pilates and Yoga. But at the same time, you still have to be mindful of your margins. That's really, really important. So it was it was a nice experience. It was a nice way to understand how to really learn the p&l, learn the people, learn the drivers, and then of course transitioned over to say, hey, I can speak to business owners, I could speak to those that are looking to, you know, increase efficiency. And there's a lot of opportunity there. So that's kind of where this all kicked off. Grant So in the course of doing this, you start uncovering, I'm assuming, oh, here's a little secret about how I could save a little more money or take some out of the taxes. I imagine over a period of time you started to build up this cadre, or list of or selection of wait, here's some best practices of actually taking the tax back from the tax man and leaving it with you. There's it was it was it that it was a 10 year journey that you invested in to build up that knowledge base? It sounds like, Right? Mark Absolutely. And you know, you really said something important, and it was very accurate in that my, my getting to where I am now didn't happen overnight. In particularly shifting gears, I'd say the last seven or eight years is when I really really shifted gears, to not just talk about can I just not consult with with individuals on their businesses and help them with maybe some financial planning, really shifting gears and saying, hey, there are a lot of different opportunities to reduce tax. And I just went out there. And just like in the past, in my first few years of this, I was kind of more of an advanced insurance specialist and consultant to business owners, and I could go out there and work with any insurance carrier. And I could basically look and say, you know, this is the carrier need for this solution. And this is why this is I realized I could do the same thing in the tax realm, there's just not 100 different, you know, tax savings providers out there, there's probably about 20 to 30 that you want to do business with. And these are small groups are generally fairly boutique, they're not huge. And they offer something very, very specific. And it's somewhere in the 70,000 pages of tax code. And they just so happened to analyze it, apply it. And basically, that's their gig key. So I have a lot of different tools in the tool chest, I have a lot of different relationships with groups that do these things. And I break when I do consulting work, I just put all the pieces of the puzzle together. And it's really cool. I'm not a CPA, I'm not a tax attorney, I'm really literally I call myself a tax savings architect, I've just developed this ability to consult, oh, that's a great title.  Grant Wait, say that title again, you're a what? Mark A tax savings architect, Oh, I love it together, I just build I build the plan. And then I bring the vendors in, right, the right team on the on the coach, I'm bringing the right team in to put the right plays in at the right times. And then the implementation goes, you know, off, you know, from there. Grant So, what I want to highlight is you have developed this by doing it again and again, maybe making a mistake fixing it again and again, oh, learning more again, and you put in that 10 year effort to gather and build that experience and that that's the value platform that you bring to the people so they're not off doing 10 years of learning the lessons, right? Mark Oh, for sure. Grant, I'll tell you, these are types of things that, you know, people don't have time, even the best CPAs right. And you can think about any CPA out there, you've got out of every 10 You're gonna have to my experience, you're gonna have two out of 10 that have developed their practice in a way that they'll have forward looking have a forward looking approach. And they'll have more bandwidth than just, you know, recording and tracking and filing right most of them record track and file. Do you have any more expenses? Are you sure you don't have any more you know, you can buy this capital, we get section 179 it so why don't you spend $1 to save 35 cents? No, that's, that's really a good idea if you need what you're buying. But two out of 10 are forward looking right? They're actually stepping outside of the box and seeing what's out there. They're 70,000 pages of tax code. So this is where the key is at 10 years, you're talking about their 70,000 pages of tax code you if you're going to win a championship. If you're a team think about a just a collegiate team or a professional team. They have multiple coaches. They have strength coaches, they have quarterback coaches that are talking about football they have offensive line coaches defensive line coaches look at businesses the reason why Amazon and Microsoft and General Electric and Nike and DuPont the reason why they pay significantly lower taxes than the average individual is because they have teams they have accounting teams, more than one CPA, they have attorneys they have business strategists. So this is what I really do is I bring that team approach to the small to medium size business owner or you don't even have to be a small to medium sized business owner to have tax savings you can be a high income earning executive. Oh really how to Matt navigate the tax code. There's things that you can do to reduce your tax. Grant Okay, so that gets the the question I was gonna ask around who is this for? Definitely the business owner. But if you're, if you're in the High Net Worth areas and individual this is applicable to you as well. Mark Absolutely. There's three there's three He kind of avenues, business owners. And the reason why is business owners are great to work with because they have control over their income, they can determine how much salary they take, they can determine how they take their income. It really they have the control. The other side would be high income earning executives that maybe don't have as much control but they're they're looking at, you know, half a million dollars or more of taxable income per year. I can work with business owners with much less I mean, they can have as low as 250 or so in taxable income, okay, because the more there's more flexibility. And then the Third Avenue is people that are selling highly appreciated assets, once a lot of crypto traders or somebody that had a stock portfolio, but they didn't have this huge blend, it wasn't like a qualified account, it was just a brokerage account, they had positions that just blew up, and now they're sitting on, you know, $5 million with Apple stock. Well, if they pull the trigger on it, they're looking at, you know, if they're California 37%. Grant Yeah, goodbye to that.  Mark Yeah, well, I can help them, you know, really take care of that as well either eliminated or different depending on what solutions we're looking at. Grant So, okay, what about what about on the, on the inheritance side, same same sort of story. In other words, let's say you inherited something is you have techniques that helps with that group as well. Mark Well, on the inheritance side, I don't spend a lot of time there, because generally, that should be done prior to and a lot of the work that I do actually blends in with maybe some estate planning attorneys, because you really want to solve that equation prior to the need. If you don't, then unfortunately, if you're above the exemption rate, the estate tax man will come take, you know, 60% of that from your kids, right? Not from you, but from your kids and your loved ones. And they might even have to be, they might have to sell appreciate it like this is a real estate high net worth real estate holder, they're selling off real estate just to pay the estate tax, which is never a good thing. So we when it comes to the gifting and the you know passing on to heirs, we generally integrate that into our planning, but we're doing it prior to so that way the kids and their loved ones can breathe, you know, sleep well at night and not have to worry too much about worrying too much about about that sort of thing.  Grant So so let's take the scenario of you're a small and medium business owner and you've got the you've got this tax burden on you. Do you need to be doing the work ahead of time? Is this a whole year of effort that the business owner goes through? Whether they have to be intentional throughout the whole year? Or do your practices, techniques allow you to just sort of come in at the last minute and who 30% off? Thanks, Mark. Have a great year? Mark Yes, well, I would say a little bit of all apply. But proactive forward looking is always the best. The best approach is a forward looking approach. Now I can do hindsight foresight, and then give you insight. On the hindsight we're always looking at, well, what did you miss that you can go back and pick up a lot of people don't realize, particularly in business, there's tax credits that they can pick up in previous years. Currently, right now for the next few months. There's the employee retention tax credit. So there's there's r&d credits, there's there's trends for investing in renewable energy, they can go backwards and pick up previous taxes paid, it's always look at the hindsight, what can we pick up that you paid in the last year or two or three? Ford, Ford sight? Or, you know, foresight is okay, what can we do to change the trajectory of your current income? Because right now, the way we're always looking at pathways, how are you taking your income, because what we need to do is look at creating new pathways. And if you have different pathways to receive the same income, there might be a different taxable situation. But those pathways aren't going to save you. You can't save any money until the pathway is created. So the foresight we're always looking at, well, this is how much money you're taking in now. And you've taken it in one pathway, or maybe two pathways, and this is your taxable outcome. But what if we created two additional pathways? Now you have four pathways, and we're not talking about deferring it. And putting into qualified accounts. I'm not talking about any of that, obviously, that's been going on for years and years and years is there's arguments as to whether or not that really is saving them anything. At the end of the day, we're talking about really taking tax law and the tax code by the horns and saying, hey, the tax code says I can do this, therefore, this money is not taxable. Right. So now that you have this money in your hand, that's not taxable you and you've lowered your adjusted gross income because you took a portion of your money that the tax code says is not taxable because of the way that you've structured it structure that we've just just decreased your taxes and you're like liquid, like the money that you save is liquid, it's in your pocket. If you want to use that for investing you can if you want to use that to recapitalize your business you can if you want to use that to go to Vegas, you can. Grant Yeah, your choice and that's the whole point. It's your choice rather than Uncle Sam. So the strategy seems to be tell me if I've got this right. It's don't fire your CPA because you're going to keep The CPA as a business owner, because you're not the CPA, but what you are bringing is a way to be more productive as you work with the CPA, right, you're bringing in additional knowledge or insight that will then be brought into those conversations with the CPA currently have is that close 100%. Mark And what I always like to tell business owners, and right off the bat is, you know, let's, let's not put your CPA on defense mode, right? They, there's no CPA out there that has the bandwidth, to have this time to vet and research all these different ways to save taxes. I mean, they know a lot, but because they may not know everything that I'll bring to the table, that's okay. So the first thing is make sure that they're not on the defense. And also, I'm not looking to take over any bookkeeping, your tax filing or tax prep, I'm just looking to add additional layers that usually increase revenue for the accounting because it usually does increase their need to maybe have an additional filing each year, or maybe some additional bookkeeping to take to oversee these new solutions.  Grant So it's all day for you as a partner in it, your they don't see you as Oh, I'm here taking business from 100%. Mark Most of the time, when I'm speaking to the right CPAs. And I'm introduced to them by the taxpayer, I get introduced to three or four new clients that the CPA has, because they're like, this is great, I have you know, four or five, or depending on the CPA, they might work with a higher net worth individuals, they might have more, but I like those relationships, because they open the door for more opportunity. Now, I will say there's going to be out of that regard every 10 CPAs, there's two that are for thinking. And there's eight that are really just doing the numbers really doing the prep the recording and filing and prepping. Sometimes the eight, there could be some resistance there. And it's it's, it's only because they don't know what they don't know. So in those situations, hey, I always say it's up to you. It's up to the taxpayer, that you're the decision maker, the CPA is not the decision maker. And I have you know, I never want to pry someone away from their CPA, but if they really liked what I'm talking about under CPAs, just very resistant, doing anything that they're outside of their norm was to have dozens and dozens of CPAs all over the nation that would be very happy to interview you. Or you could interview them because they know the solutions and their clients use them. Grant Yeah, I was gonna ask you. So how does you know? What's some guidance for our listeners on? How do you pick? How do you find those two out of the 10? CPAs? Right? What are some of the key things that someone's looking for? to vet your CPA or while you're searching for someone to say, now you're you're part of the 80%? It's you you're actually not going to help me as much I'm looking for the 20% What What are some tips you have? Mark Yeah, first thing Grant is ask them if they do quarterly meetings. If the CPA or the tax preparer for you is not meeting with you quarterly, they are not forward looking, they're likely going to say hey, let's meet in might not even be before the end of the year, it might be in like January or February to say tell me what you have, is that all the expenses you have? Are you sure because we need to file. But if they even if they're only meeting once per year, at the end of the year, and just trying to figure out, okay, we need to shove a little bit more in the qualified account. And maybe you can have any more, you know, maybe you can buy some more capital equipment. That is not, you know, I'm not saying that's well, let me just say this, that is not the accounting, that that someone needs as they're climbing, the echelon of income, if they're still using that CPA, when they're climbing that income bracket, they are going to be paying retail taxes. When everybody else that has reached that level. When they get to a certain level of of success. They figured out how to pay wholesale sales, no different. There's no different there's a retail price, and there's a wholesale price and the people that pay the wholesale price go above and beyond and look for the coupons where the coupons they're in the tax code. Awesome. The IRS is not saying I'm giving out all day. Yeah, they're not putting a flyer out your mail.  Grant Wait a minute, are you saying there's no mobile app that they could the tax code mobile app with coupons? I think we should build that. That's a great I should yeah, that's my app.  Mark Together Grant. Grant  Let's go build that. I bet there's a market for that. Mark Okay. I would bet there is as well. Yeah, absolutely. Grant I love that idea. Okay, so there's something I saw on your profile that intrigued me many things intrigued me and one of those. I just gotta read this off here. Because when I read it, I was like, Where do I sign? It? It was it was learn how to get the IRS to fund a portion of your retirement 100% tax free. So like, right next to the mobile app. We just talked about developing there's this also. Okay, tell me all right. We want the IRS to fund a portion of our retirement 100% tax free any secrets you can share on that? Mark You know, there's a I'll, I won't give everything away, right? I want people to want to ask me some questions. But I will say this, there's a few different ways to do it. One of the ways is when you find these tax savings, right, when there's that when you're applying the code that's going to basically give you a deduction, right? Because there's codes I can actually, you know, there's a little golf tournament. Here's a nice secret out there. A lot of people know about this, but let's a lot of people don't as well, golf tournament out there. It's been going on for years and years and years. And the winner gets a green jacket. I'm not sure if you're a golfing fan. Oh, sure. Or Yep. If you know, who gets the green jacket every year, you know, there there is somewhere in Georgia and a little town. That's right. And it's a very prestigious golf tournament. So about 60 years ago, the higher net worth individuals that lived around that, that golf course realize that they could rent their homes to the corporation's coming in that were or anyone coming in that wanted to, you know, watch the tournament, and they could rent their homes for significantly more than they would you know, what would cost them to go have a little nice vacation? So in that process, they said, Well, these are our personal residence. This is not a this is not an income property. So they lobby to the their friends and Senate and said, Hey, we're not renting our this is not an income producing property. But we're not getting any deductions on this. We're not getting any tax benefits. But so can we have some benefits. So they basically the Congress, and there's two tax codes that validate this, you can rent your personal residence for up to a certain number of days per year. And the dollars that you receive for that rent is tax free, as long as you don't rent your home for over a certain number of days. Now, here's where it gets fun grant, because some people don't want strangers in their house. Right? So even if they could rent their house for significantly more than they could go do something else. They don't want to Airbnb their house, what if they're a business owner? Well, can they rent their business? Can they rent their house to their business for business purposes? Using the same tax code? Absolutely. Now, we just have to determine what the value is, and put it in your bot and your minutes and ultimately integrate it and know, now when you create those deductions, right? Because if you're renting your house, from your business, and you create a deduction at the business level, but didn't cost you anything at the personal level, or the business level, maybe there's a, you know, maybe the meeting you did was whatever, you know, lunch, well, you just created deductions with no cost, no cost. Now that tax savings now the tax savings is getting to you from that's where you're funding your retirement tax free from the IRS because those that those dollars are non taxable. Now, if you get them into a Roth, if you get them into a cash value life insurance policy, you're never paying the taxes again. So now you're looking at never even paying taxes again after you didn't pay the taxes on it to begin with. Okay, that was one little nugget. Grant That's you know, would you just drop the mic on that? You're not holding in my car? Yeah, yeah. Mark No, but if I dropped it, it might fall off my desk. Grant I might, I might fall off that. Yeah, I tell you, Mark, that that was awesome. Just following that flow of what you articulated. I think that's a beautiful thing. Okay. So let me ask you this. With all that you're doing, and with all that people are coming to you for? How do they engage with you? How do they dial it? How they interact with you? How do they how do they say I'm a good candidate for you? Where do they go to find out more about you? Mark Great question, I always just invite him to my website, Grant, I just PeakProfitSolutions.com. And as you know, peak as in a mountain peak, P-E-A-K Profit Solutions, plural PeakProfitSolutions.com. On that you can have, there's places where you can go get case studies, I click here for some case studies, there's a link that says, hey, book an appointment with me, and 20 It literally only takes me 20 minutes to have a conversation with someone to determine if they're a good candidate for any one of the dozen or more solutions that I can bring to the table. That's really the best thing though, the most important thing to know is, you know, just take a little bit of time, even if it's 20 minute phone call, you don't have to come super prepared. They don't have to come with their entire balance and their their previous tax years and their p&l Like just come and say, This is what I how I'm structured. This is how much I'm making every year. I'm writing a lot, you know, just all they need to do is do that. And I and from that point forward, I can determine right out of the gate if they're a good candidate for the architecture to start. Grnant The tax architect. Mark Architect, tax savings, architecture, tax savings architect good building. That's right. Grant That is awesome. That is awesome. Excellent. Mark, thank you for your time today. Any final comments? Mark No, I just appreciate being on the show. Appreciate your, your hosting style, and of course, all the interviews that you've done on your channel so are fun to listen to. So thank you. Grant I'm having fun. It's a fascinating world, right? There's just so many great people doing so many cool things. So when your profile came across me as like, Oh, I gotta talk this guy. He's got some secrets about reducing taxes. Okay, yeah, he's in. So thanks for doing that mark for thanks for taking the time everyone. Thanks for joining another episode of Financial investing radio. And until next time, go check out go check out Peak Profits Solutions. Thank you for joining Grant on Financial Investing Radio. Don't forget to subscribe and leave feedback.  

    The Distillery Nation Podcast
    DNP 098: Maria Pearman

    The Distillery Nation Podcast

    Play Episode Listen Later Jun 30, 2022 44:15


    In this episode of the Distillery Nation Podcast, I had the absolute pleasure of talking with Maria Pearman. Maria is a CPA with over 15 years of deep operational accounting experience. She recently published Distillery Finance, so this was a great opportunity to have her talk about some of the foundational concepts, like good debt, bad debt, line of credits, most common finance mistakes distilleries make, the importance of building a cash flow forecast and so much more, a full packed podcast with a lot of information for running a successful distillery.

    CPA Exam Experience from SuperfastCPA
    How Hannah Passed the CPA Exams Studying 2 Hours a Day

    CPA Exam Experience from SuperfastCPA

    Play Episode Listen Later Jun 30, 2022 42:06


    In this SuperfastCPA reviews podcast episode, you'll hear how Hannah realized early on that the normal or traditional way isn't working for her. She came across our free training webinar, followed our study strategies, listened to the podcast and figured out her new study process. Important LinksLearn our “ultra-efficient” CPA study methods here: https://www.superfastcpa.com/study-secrets/ Enter the free podcast giveaway: https://www.superfastcpa.com/enter See CPA score release dates here: https://www.superfastcpa.com/cpa-score-release-dates/ How to study for the CPA exams: https://www.superfastcpa.com/how-to-study-for-the-cpa-exams/ Episode Timestamps00:00 Introduction 07:11 "I just kind of jumped into it without knowing anything..." 10:22 Hannah's Study Routine in the Mornings 11:41 Using SuperfastCPA Study Tools Throughout the Day 15:24 A Few of Hannah's "Aha Moments" 17:51 How Hannah Structured Her 2-hour Study Session 20:00 "I never really used flashcards but I did like write out notes..." 22:25 How She Used Practice Simulations 25:38 Her Actual Test Day Experience 29:13 Studying on the Weekends 31:06 How She Scheduled Her Exams 34:24 Mega Cram Session Before the Day of the Exam 36:52 Rewarding Yourself After Passing the Exams 38:38 Study Tips for People Trying to Figure Out Their Study Process FULL EPISODE PAGE: https://www.superfastcpa.com/how-hannah-passed-the-cpa-exams-studying-2-hours-a-day/ Learn the SuperfastCPA Study Approach, Free You'll hear me mention the SuperfastCPA study process multiple times in this episode.  What we teach our customers is how to have a 2-hour main session each day where you can get more done than someone studying 4-5 hours the "normal way".  We cover this in our free "study trainings", which are 1-hour webinars where you'll learn exactly what to do when you sit down to study so that you can 1) move through new material faster, 2) understand and retain it better, and 3) spend less time in front of your review course WHILE getting better results. Register for a free session here: https://www.superfastcpa.com/passnow OR, just text PASSNOW to 44222 and we'll text you back a link to the training. This is one hour that will literally save you months of time and frustration from trying to figure this stuff out on your own, so register for a session today! Register for a free session here: https://www.superfastcpa.com/passnow

    Influential Entrepreneurs with Mike Saunders, MBA
    Interview with Charles “Walt” Wilson Retirement Strategist Discussing Permanent Life Insurance Strategy for Stretching Your Retirement Fun

    Influential Entrepreneurs with Mike Saunders, MBA

    Play Episode Listen Later Jun 29, 2022 23:25


    Charles “Walt” Wilson established this company over ten years ago, to assist individuals and businesses in planning for retirement and building consistent growth while protecting their principal and providing certainty, clarity and guarantees. Private Pension by Design informs and educates individuals and businesses about alternative concept in planning for retirement. You should have freedom to design a plan which you control – one that provides tax advantages, gives you access to your money without penalties, guarantees you a reasonable return, and provides lifetime income for retirement. I have over 50 years in the financial services industry.Learn More: https://www.privatepensionbydesign.com/https://waltwilson360.com/Private Pension by Design is not recommending tax advice and we suggest you contact your professional and licensed CPA or Tax Attorney for tax advice.Influential Entrepreneurs with Mike Saundershttps://businessinnovatorsradio.com/influential-entrepreneurs-with-mike-saunders/Source: https://businessinnovatorsradio.com/interview-with-charles-walt-wilson-retirement-strategist-discussing-permanent-life-insurance-strategy-for-stretching-your-retirement-funds

    Business Innovators Radio
    Interview with Charles “Walt” Wilson Retirement Strategist Discussing Permanent Life Insurance Strategy for Stretching Your Retirement Fun

    Business Innovators Radio

    Play Episode Listen Later Jun 29, 2022 23:25


    Charles “Walt” Wilson established this company over ten years ago, to assist individuals and businesses in planning for retirement and building consistent growth while protecting their principal and providing certainty, clarity and guarantees. Private Pension by Design informs and educates individuals and businesses about alternative concept in planning for retirement. You should have freedom to design a plan which you control – one that provides tax advantages, gives you access to your money without penalties, guarantees you a reasonable return, and provides lifetime income for retirement. I have over 50 years in the financial services industry.Learn More: https://www.privatepensionbydesign.com/https://waltwilson360.com/Private Pension by Design is not recommending tax advice and we suggest you contact your professional and licensed CPA or Tax Attorney for tax advice.Influential Entrepreneurs with Mike Saundershttps://businessinnovatorsradio.com/influential-entrepreneurs-with-mike-saunders/Source: https://businessinnovatorsradio.com/interview-with-charles-walt-wilson-retirement-strategist-discussing-permanent-life-insurance-strategy-for-stretching-your-retirement-funds

    Fraud Talk
    Filling Your Anti-Fraud Toolbox - Tod McDonald - Garth Leonard - Fraud Talk - Episode 121

    Fraud Talk

    Play Episode Listen Later Jun 29, 2022 43:37


    Washington State's Largest Ponzi Scheme was the catalyst for Tod McDonald, CPA to start his company and push for innovation in financial e-discovery. Years later, he and Garth Leonard, CFE, from Valid8 Financial, join ACFE Community Manager Rihonna Scoggins to explore the current resources at hand to combat fraud and how fraud examiners can assess what tools are the right fit for them in this evolving landscape.

    Sage Advice Podcast
    Thought Leader - Brian Tankersley on his podcast: The Tech Lab

    Sage Advice Podcast

    Play Episode Listen Later Jun 29, 2022 10:28


    Brian Tankersley is a consultant who advises US firms and companies on accounting technology issues. Mr. Tankersley is a frequent speaker at continuing education courses for K2 Enterprises, writes for multiple accounting media outlets, and publishes a nationally recognized blog on accounting and technology. Mr. Tankersley has over 25 years of professional experience, including accounting, auditing, technology, and education, and has been with K2 Enterprises since 2005.  Brian started teaching CPA review courses in 1997, and currently works with Yaeger CPA Review.

    The Business Credit and Financing Show
    How to Pay Less Taxes (Legally)

    The Business Credit and Financing Show

    Play Episode Listen Later Jun 29, 2022 26:18


    As an attorney, a CPA, and a CFP®, Aaron runs a wealth management practice that integrates tax, financial planning and investing. Aaron helps his client minimize their tax liability and keep more of their equity compensation so they can support the people they love and the causes they care about most. Whether in Silicon Valley, Austin, or the Tech Triangle, he works with pre-IPO executives and early employees at late-state tech companies.   In 2019, Aaron published his first book “Financial Adulting'' as a guide to help young professionals navigate tax, investment, and estate planning.   During the show we discuss: ● Why pay more taxes than we should and how to pay less ● Some Income tax nuances for stock options ● What triggers you to pay more taxes than you should ● The worst of the tax mistakes ● The worst investment decision ● The best investment decision ● Stock options tax secret you wish people knew about ● Investments for people who don't have an advisor ● When should someone at a pre-IPO company contact an advisor ● What You Should Know About the IPO Lockup Period ● How to plan for an IPO ● The Crucial Financial Planning Steps to Take When Anticipating an IPO ● The pitfalls to avoid ● The non-starters for IPOs ● How to get credit to buy stock options  ● How not using a financial planner will hurt you Show resources: https://www.wrpwealth.com/

    Small Business Tax Savings Podcast | JETRO
    How Can I Use a Charitable Remainder Trust (CRT) To Eliminate Capital Gains?

    Small Business Tax Savings Podcast | JETRO

    Play Episode Listen Later Jun 29, 2022 26:00


    On this episode Mike Jesowshek, CPA talks with Guy Baker about Charitable Remainder Trusts (CRT) and how they can be used to eliminate capital gain taxes.1) What Is A Charitable Remainder Trust (CRT)?2) How Does A Charitable Remainder Trust (CRT) Work? 3) What Are Things to Consider With A Charitable Remainder Trust (CRT)? 4) What Different Types of Charitable Remainder Trusts (CRTs) Are There?5) What Are The Downsides Of A Charitable Remainder Trust (CRT)?6) Want An Introduction To Our Preferred CRT Vendor?LINKS FROM THE SHOWShow Blog: https://www.taxsavingspodcast.com/blog/how-can-i-use-a-charitable-remainder-trust-crt-to-eliminate-capital-gainsJoin Our Tax Minimization Program: https://www.taxsavingspodcast.com/tax  --------Podcast Host: Mike Jesowshek, CPA - Founder and Host of Small Business Tax Savings PodcastArticle: https://www.taxsavingspodcast.com/blog/how-can-i-use-a-charitable-remainder-trust-crt-to-eliminate-capital-gainsJoin Our Tax Minimization Program: https://www.taxsavingspodcast.com/taxIncSight Packages: https://incsight.net/pricing/Book an Initial Consultation: https://app.simplymeet.me/o/incsight/sale-------Podcast Website: https://www.TaxSavingsPodcast.comFacebook Group: https://www.facebook.com/groups/taxsavings/--------To find out more on this topic and many others visit our website at www.TaxSavingsPodcast.com. You can also give us a call at 844-327-9272 or send your questions to us at: Ask@TaxSavingsPodcast.com

    Money
    Paying Off Mortgages, Estate Planning and More: We Answer YOUR Questions

    Money

    Play Episode Listen Later Jun 29, 2022 35:45


    We get lots of questions from our podcast listeners and newsletter readers, so we thought it might be fun to answer as many as we can in this special edition of our podcast. Today Stacy Johnson, financial journalist Miranda Marquit, and producer Aaron Freeman, are going to answer your questions about paying off your mortgage early, estate planning, paying down credit card debt, getting those robocalls to stop and more. About the hosts Stacy Johnson founded Money Talks News in 1991. He's a CPA, and has also earned licenses in stocks, commodities, options principal, mutual funds, life insurance, securities supervisor and real estate. Miranda Marquit, MBA, is a financial expert, writer and speaker. She's been covering personal finance and investing topics for almost 20 years. When not writing and podcasting, she enjoys travel, reading and the outdoors. Links: Click Here for the Free Money Talks News Newsletter! Take our course The Only Retirement Guide You'll Ever Need Take our course Money Made Simple Miranda Marquit's website Become a member: https://www.moneytalksnews.com/members/ See omnystudio.com/listener for privacy information.

    The Innovative Agency
    165. Keeping More Money In Your Agency, with Chris Hervochon

    The Innovative Agency

    Play Episode Listen Later Jun 29, 2022 20:17


    Are you searching for more ways to keep money in your agency? In this episode of the Innovative Agency podcast, we are joined again by CPA, Chris Hervochon. Chris provides outsourced accounting and tax preparation for small businesses and individuals. During our conversation, he shares insights on avoiding scope creep and updating your agency's pricing model. What you will learn in this episode: Two ways that agency owners can avoid scope creep How after-action reviews can help make sense of time and scope of projects Why a subscription-based pricing model is the best option for agencies What is the difference between scope creep and margin bleed How to address pricing changes during our current market Bio Chris Hervochon, CPA, CVA is the sole proprietor of his CPA firm. Chris Hervochon provides outsourced accounting and tax preparation for small businesses and individuals. Before starting his own CPA firm, Chris spent ten years between forensic accounting and corporate accounting and finance. He has been featured in publications such as the AICPA Certificates Wall of Fame, Accounting Today, AMEX Open Forum, LendingTree, the IAMCEO podcast, the Success Defined podcast, CMS Wire, CEO Blog Nation and WINSAVVY for his industry knowledge and accounting expertise. Resources: Websites: https://www.betterwaycpa.com/recent-press/ Facebook: https://www.facebook.com/BetterWayCPA/ Instagram: https://www.instagram.com/betterwaycpa/ LinkedIn: https://www.linkedin.com/in/ChrisHervochon/ Pinterest: https://www.pinterest.com/betterwaycpa/_created/

    Best Real Estate Investing Advice Ever
    JF2857: Relentlessness in CRE Development ft. Michael Holman

    Best Real Estate Investing Advice Ever

    Play Episode Listen Later Jun 29, 2022 31:49


    Michael Holman is VP of Development and Finance at Overland Group, Inc., a vertically integrated real estate company that develops, constructs, and manages multifamily and mixed-use properties. In his role, he oversees the company's development while also focusing on acquisitions. As a former CPA for Ernst & Young, he considers himself to be fluent in all things finance. In this episode, Michael discusses Overland's most recent deal, why they are zeroing in on Arizona and Utah, the hardest lesson he's learned so far, and what he believes to be the key to his success. Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors:  Cash Flow Portal | Cornell Capital Holdings | PassiveInvesting.com

    Startup to Last
    Healthy urgency

    Startup to Last

    Play Episode Listen Later Jun 28, 2022 66:15


    Topics this week: Tyler thinks he's finally fixed his audio setup. Rick and Tyler are both having good sales months. Rick actually knows why! We discuss what indicators a SaaS company might look at to tell whether a recession is impacting their business. Rick is getting weekly updates from JD in a new format that is working well. Rick went to a fancy-pants senator's house to schmooze with the big wigs and now he wants to meet more powerful people so that they can laugh at us common folk. Tyler talks about the possibility of LACRM expanding into services. Rick is building a list of people he might want to hire/work with one day. Rick's CPA ghosted him. CPAs are the worst. We discuss health urgency.

    Novogradac
    June 28, 2022: Valuation Hot Topics in an Ever-Changing Landscape

    Novogradac

    Play Episode Listen Later Jun 28, 2022


    How have capitalization rates changed over the past 12 months of rising inflation? Michael Novogradac, CPA, and Novogradac partner Lindsey Sutton discuss the effects of high inflation on observed market capitalization rates, as well as long-term debt financing.

    Business Innovators Radio
    Interview with Charles “Walt” Wilson Retirement Strategist Discussing the Key Employee Benefit Strategy

    Business Innovators Radio

    Play Episode Listen Later Jun 28, 2022 18:45


    Charles “Walt” Wilson established this company over ten years ago, to assist individuals and businesses in planning for retirement and building consistent growth while protecting their principal and providing certainty, clarity and guarantees.Private Pension by Design informs and educates individuals and businesses about alternative concept in planning for retirement. You should have freedom to design a plan which you control – one that provides tax advantages, gives you access to your money without penalties, guarantees you a reasonable return, and provides lifetime income for retirement. I have over 50 years in the financial services industry.Learn More: https://www.privatepensionbydesign.com/https://waltwilson360.com/*Obtain A Business Owners Financial Assessment Form*This form guides a established business owner is assessing critical aspects in planning for the future which is often neglectedhttps://www.privatepensionbydesign.com/about-3 Private Pension by Design is not recommending tax advice and we suggest you contact your professional and licensed CPA or Tax Attorney for tax advice.Influential Entrepreneurs with Mike Saundershttps://businessinnovatorsradio.com/influential-entrepreneurs-with-mike-saunders/Source: https://businessinnovatorsradio.com/interview-with-charles-walt-wilson-retirement-strategist-discussing-the-key-employee-benefit-strategy

    Influential Entrepreneurs with Mike Saunders, MBA
    Interview with Charles “Walt” Wilson Retirement Strategist Discussing the Key Employee Benefit Strategy

    Influential Entrepreneurs with Mike Saunders, MBA

    Play Episode Listen Later Jun 28, 2022 18:45


    Charles “Walt” Wilson established this company over ten years ago, to assist individuals and businesses in planning for retirement and building consistent growth while protecting their principal and providing certainty, clarity and guarantees.Private Pension by Design informs and educates individuals and businesses about alternative concept in planning for retirement. You should have freedom to design a plan which you control – one that provides tax advantages, gives you access to your money without penalties, guarantees you a reasonable return, and provides lifetime income for retirement. I have over 50 years in the financial services industry.Learn More: https://www.privatepensionbydesign.com/https://waltwilson360.com/*Obtain A Business Owners Financial Assessment Form*This form guides a established business owner is assessing critical aspects in planning for the future which is often neglectedhttps://www.privatepensionbydesign.com/about-3 Private Pension by Design is not recommending tax advice and we suggest you contact your professional and licensed CPA or Tax Attorney for tax advice.Influential Entrepreneurs with Mike Saundershttps://businessinnovatorsradio.com/influential-entrepreneurs-with-mike-saunders/Source: https://businessinnovatorsradio.com/interview-with-charles-walt-wilson-retirement-strategist-discussing-the-key-employee-benefit-strategy

    Talk Ten Tuesdays
    “Where's the Money, Honey?” Medicare Physician Payments at Risk

    Talk Ten Tuesdays

    Play Episode Listen Later Jun 28, 2022 31:21


    Gas prices are heading straight to the stratosphere. Inflation is the elephant in the room. And there's a growing concern in Medicare when it comes to physician payments. Here's why: Medicare cuts are pending, including the PAYGO 4 percent, starting in 2023.What's more, deductions from reinstated sequestrations are on the rise. There's also an expected lowering of the 2023 conversion factor, the possible ending of the public health emergency (PHE) windfall of telehealth payment parity, as well as MedPac saying that a physician raise generally is not necessary. So, the burning question: where is all the money going from Medicare? For an exclusive backgrounder on this timely and worrisome topic, register now to listen to the next live edition of Talk Ten Tuesdays. That's when nationally recognized physician coder, auditor, and consultant Terry Fletcher will have insight and perspective on the potential impact on your practice, moving forward. The live broadcast will also feature these other segments:Coding Report: Laurie Johnson, senior healthcare consultant with Revenue Cycle Solutions, LLC will report on the latest coding news.Mental Health Report: Internationally recognized and award-winning psychiatrist H. Steven Moffic, MD, will begin a new series on mental health. His focus this Tuesday will be on PTSD, a particularly relevant segment given that June is PTSD Awareness Month.News Desk: Timothy Powell, CPA, a consultant with Besler, will anchor the Talk-Ten-Tuesdays News Desk.Journaling John: John Zelem, MD, FACS, founder and CEO for Streamline Solutions Consulting, will continue with his second journal entry in this new segment.TalkBack: Erica Remer,MD, founder and president of Erica Remer, MD, Inc. and Talk-Ten-Tuesdays co-host, will report on a subject that has caught her attention during her popular segment.Sitting in for executive producer and program host Chuck Buck will be Dennis Jones.

    Business Bros
    Making Long Range Strategic Plan with Cary Prejean

    Business Bros

    Play Episode Listen Later Jun 28, 2022 31:49


    974 Cary Prejean, a native of Louisiana, is the founder of CFO Consulting, LLC with over 35 years of experience as a CFO in industry and as a CFO consultant. His background includes a bachelor's degree in accounting, a CPA license and he's a certified ontological coach with Newfield Network. He works with business owners to help them turn their business into what he's labeled “the well-oiled machine” process. Cary has coached thousands of people and helped hundreds of businesses throughout his career. He is a public speaker and hosted the “Financial Design Hour” on WJBO radio in Baton Rouge for several years. He has also taught courses over an eight-year period in finance at Louisiana State University, University of Louisiana-Lafayette, Southeastern Louisiana University and Baton Rouge Community College. He also facilitated courses in the ontology of language for Education for Living Seminars, Inc. in south Louisiana, Iowa, and Tennessee for seven years. These courses were focused on personal growth and effectiveness and leadership and team building. ________ Want your customers to talk about you to their friends and family? That's what we do! We get your customers to talk about you so that you get more referrals with video testimonials. Go to www.BusinessBros.biz to be a guest on the show or to find out more on how we can help you get more customers! #Businesspodcasts #smallbusinesspodcast #businessmarketingtips #businessgrowthtips #strategicthinking #businessmastery #successinbusiness #businesshacks #marketingstrategist #wealthcreators #businessstrategies #businesseducation #businesstools #businesspodcast #businessmodel #growthmarketing #businesshelp #businesssupport #salesfunnel #buildyourbusiness #podcastinglife #successgoals #wealthcreation #marketingcoach #smallbusinesstips #businessmarketing #marketingconsultant #entrepreneurtips #businessstrategy #growyourbusiness --- Support this podcast: https://anchor.fm/businessbrospod/support

    Sage Advice Podcast
    Sage Partner - Jake Jones on automating accounting and finance

    Sage Advice Podcast

    Play Episode Listen Later Jun 28, 2022 8:18


    Jake Jones, CPA  is the Controller of LeaseQuery. He has over 9 years of experience working with technology and healthcare companies to provide assurance over financial statements and identify areas for operational improvements. Prior to LeaseQuery, Jake was a senior manager at Cherry Bekaert. He received his Master of Accountancy from The University of Georgia.   Reach out to partners@leasequery to learn more about how Sage and LeaseQuery partnered to solve complex accounting.    Offer: Get 75% off the implementation of LeaseQuery if you mention this podcast and reach out to hope.davis@leasequery.com

    Profit Answer Man: Implementing the Profit First System!
    Ep 117 Profitable Tax Planning with Catherine Tindall CPA

    Profit Answer Man: Implementing the Profit First System!

    Play Episode Listen Later Jun 28, 2022 32:58


    Hi, I'm the Profit Answer Man Rocky Lalvani! I help small business owners simplify their financial reports so that they can make more informed business decisions with fewer hassles. We utilize the Profit First system created by Mike Michalowicz Effortless Cashflow Course: http://bit.do/effortlesscashflowcourse Schedule your free, no-obligation intro call: https://bookme.name/rockyl/lite/intro-appointment-15-minutes More about making profitability simple: http://profitcomesfirst.com/   Bio Catherine Tindall is a CPA specializing in advanced tax  reduction who proactively works with clients to reduce what  they pay in tax while supporting their greater wealth building  and life goals. Her goal for every client is to provide a return  on investment, in the first year, usually $15,000–100k+ in  tax savings.   Web:            https://www.dominiones.com/about Linkedin:      https://www.linkedin.com/in/ctindallcpa/ Facebook:    https://www.facebook.com/catherine.tindall.121 Questions: questions@profitanswerman.com Email: rocky@profitcomesfirst.com Profit Answer Man Facebook group: https://www.facebook.com/groups/profitanswerman/ My podcast about living a richer more meaningful life: http://richersoul.com/ First 2 chapters of Profit First: https://sendfox.com/rocky This episode is part of the SMB Podcast Network. Find other great interviews from around the internet just like this one at https://www.SMBPodcastNetwork.com Music provided by Junan from Junan Podcast Any financial advice is for educational purposes only and you should consult with an expert for your specific needs.

    Breaking Beliefs
    Episode 112: Have Faith: Walk By Faith And Not By Sight With Angela Collie

    Breaking Beliefs

    Play Episode Listen Later Jun 28, 2022 45:04


    We live in a world full of distractions. Sometimes, while on our way towards our goals, we get sidetracked and see only what's in front, forgetting about what we're working on in the first place. Amy Vetter's guest for this episode tells us the value of having faith, walking by it and not by sight. Amy sits down with Angela Collie, CPA, CEO of AFC CPA Accounting and Tax Services. In this interview, they discuss the importance of having faith and the belief that you can accomplish anything you put your mind to. Angela takes us across her journey of beginning her business and creating client advisory services, injecting the power of faith as she continues the path to achieving her goals and helping people fulfill their needs.Love the show? Subscribe, rate, review, and share! http://amyvetter.com/breakingbeliefspodcast

    Professional Christian Coaching Today
    Mission Critical Leadership #352

    Professional Christian Coaching Today

    Play Episode Listen Later Jun 28, 2022 34:39


    Now, more than ever, we need leaders who can lead in all  directions. Leaders who can lead in ministry and in the  marketplace, during our very volatile, uncertain, complex,  and ambiguously changing times. Great partnerships  between leaders and coaches are critical in making the  world a better place.   Listen in as Kim and her guest, Jon Lockhorst, discuss a  coach-approach to leadership, and hear how to: • Overcome the challenges in leadership that stem from  learned skills, habits, and behaviors, so you can  acquire the mindset you need to lead in all directions. • Manage the different kinds of investments that come  with broader responsibilities in organizations, so you  can step into leadership roles with confidence. • Walk away with the awareness of life and leadership  coaching skills that help equip powerful leaders so  they can positively impact the world   About Jon Lockhorst   Jon Lokhorst, CPA, PCC, is a leadership coach, keynote  speaker, corporate trainer, and author of the new  book, Mission-Critical Leadership: How Smart Managers  Lead Well in All Directions. He works with organizations to  develop leaders everyone wants to follow, build teams no  one wants to leave, and deliver exceptional results. Before  launching Lokhorst Consulting LLC, Jon enjoyed a 30-plus  year career as a CPA, CFO, and organizational leader. He  has a Master's in Organizational Leadership and is  recognized by the International Coach Federation as a  Professional Certified Coach. He also serves as adjunct  faculty in the School of Business and Nonprofit  Management at North Park University. Jon is a member of  the National Speakers Association and serves as  President-Elect of the Minnesota chapter. On a personal  note, Jon loves grandparenting and being “Papa” to his  four adorable littles, as he calls them.   Contact Jon and pick up a copy of Mission Critical  Leadership here: https://lokhorstconsulting.com

    Kay Properties Podcast
    Kay Properties Matt McFarland and Steve Haskel on The Lifecycle of a DST

    Kay Properties Podcast

    Play Episode Listen Later Jun 28, 2022 41:22


    Welcome to DST 1031 Essentials with Kay Properties — An in-depth look at the many recurring themes and nuances to the Delaware Statutory Trust (DST) investment process.   Topics will cover 1031 exchanges, ins and outs of the Delaware Statutory Trust structure, timing, cash investing, REITS, funds, real estate and more.   The kpi1031.com platform not only provides access to these 25+ different sponsor companies, but also custom DSTs only available to Kay clients, full due diligence and vetting on each DST property on the platform (typically 20-40 DSTs), and an active DST secondary market. Kay Properties team members collectively have over 115 years of real estate experience, are licensed in all 50 states, and have participated in over 21 Billion of DST 1031 investments   In this week's episode, Vice President Matt McFarland and Vice President Steve Haskel talk about the different stages of a DST and what investors need to be aware of at each stage of the process. DSTs do have their risks and Steve covers what new DST investors should be aware of when they go through these different lifecycle stages.   Key Takeaways: [1:00] Risks and disclosures. [3:55] About Kay Properties & Investments. [4:35] Matt introduces Steve and today's topic. [7:25] What are the different components to a DST?  [10:20] There is a large need to find debt-free properties. This is why Co-Capital was created.  [14:20] How do sponsors make money and what role do they play in the DST process? [17:55] Due diligence is critical before purchasing a DST. Kay Properties makes sure the property is exactly how it's being listed. [23:35] What are some of the ways to reduce closing risks in a 1031 exchange?  [26:45] What's it like owning a DST? [30:25] What should investors be aware of when they begin to sell a DST?  [34:00] What makes DSTs so unique? Matt shares his insights.  [38:10] The good news is investors have a lot of options in a DST!    Resources Website: https://www.kpi1031.com/ Call Kay Properties at 855-899-4597 Meet the Kay Properties Team: kpi1031.com/meet-our-team   About Kay Properties and www.kpi1031.com    Securities offered through Growth Capital Services, member FINRA, SIPC, Office of Supervisory Jurisdiction located at 582 Market Street, Suite 300, San Francisco, CA 94104. Potential returns and appreciation are never guaranteed and loss of principal is possible.  Please speak with your CPA and attorney for tax and legal advice.

    Iowa Business Report
    Iowa Business Report Tuesday Edition -- June 28, 2022

    Iowa Business Report

    Play Episode Listen Later Jun 28, 2022 2:00


    Iowa Business Report Tuesday EditionJun. 28, 2022        Ben Yunt, director of sales for Honkamp Krueger, a CPA and business consulting firm based in Dubuque, about how the business' services have evolved over time.

    The Construction Leading Edge Podcast
    #253: How to Get a Check from the IRS for Your Employee Retention Credit with Catherine Tindall

    The Construction Leading Edge Podcast

    Play Episode Listen Later Jun 27, 2022 59:55


    #253: How to Get a Check from the IRS for Your Employee Retention Credit with Catherine Tindall Catherine Tindall is an entrepreneur, CPA and partner with Dominion Enterprises. She specializes in advanced tax reduction and is an expert on the employee retention credit, which is what this episode is all about.   What's in it for you?  If you own a business, work for a business, or know someone who owns a business, this episode could be worth a lot of money.     What is the Employee Retention Credit, and why does it exist?   How the Employee Retention Credit is different from PPP or EIDL. How to determine if you might qualify. Some common misconceptions about ERC. A few case studies of businesses that received substantial checks for the ERC.   The deadline when the Employee Retention Credit will go away. Resources mentioned in this construction podcast episode: See if you qualify for the Employee Retention Credit - https://dominiones.com/ Get Out of Your Business: Make it Run Without You This Year - www.constructionleadingedge.com/getout Apply to Work with Our Team to Systematize Your Construction Business: www.constructionleadingedge.com/apply Raken - Get the data you need to build better projects with an app your field crews will actually  use - https://www.rakenapp.com

    The Cortez Hustle Show
    Jennifer Grimson from Micro Empire Dropping Serious Gems | The Cortez Hustle Show Rewind Ep 323

    The Cortez Hustle Show

    Play Episode Listen Later Jun 27, 2022 58:57


    About Jennifer GrimsonI was a single mother who lost everything; I found myself with no money, no job, no car, no place to live and the sole support for my two children...TWICE.  I knew that I had to rebuild again. This time, instead of just looking for a job with a big paycheck, I was going to find a way to grow my money. I envisioned creating a series of income producing “micro empires” that would protect me, my family and my assets.  I felt like I was running out of time; I was in my 40s, with zero retirement funds, no assets and no clue how to begin.After struggling to pay bills and stay above water, I wasn't about to follow the advice of a blogger in a coffee shop telling me to ‘quit my job' and ‘follow my dreams'.  I also couldn't get what I needed  from established billionaires whose advice was too broad.  I needed concrete steps that I could easily follow and I didn't know where to begin or where to turn.Over the next 4 years, I took tiny, actionable steps that moved me in the direction of these goals.  I surrounded myself with the right people and took calculated, educated moves. I did not quit my job. I did not win the lottery. I did not get an inheritance.  I manipulated my 401k, I learned about new vehicles for investments, I used my paycheck, I used my HSA, I used the tools I had at hand at the time. I took micro-risks.At the end of these 4 years, I had over $1.4m in income producing properties, had become a hard money lender and had invested in private technology companies.  I realized that I had created my own micro empire!The goal of the Micro-Empires Podcast is to provide those real life steps and tools to create and grow your micro empires.  I will bring in experts, take your questions and share my experiences.This podcast is about YOU.  We all have a story; whether your story is a lot like mine or totally different. Maybe you have a good job, but you know in your heart that you want more.  Maybe you just want to expand in the work you're doing now.  Maybe you want to retire early or have more financial security.  Maybe you are just getting started and you're 50 and you're worried it's too late.  No matter what your story is, there is a path to building your own empire. So... What's your micro empire?Download my FREE eBook, "3 Steps to Pivot and Thrive: Using Micro-Risks to Build Your Micro Empire."https://micro-empires.com/coachingFree Internet Marketing Checklist For Small Business Owners https://www.localbizmarketingpros.com/checklist-downloadRegister for our FREE marketing webinar series "Half Hour Of Power" for small, local businesses. Short, sweet, and packed with tons of value (No Sales Pitch). A great place to learn marketing strategies and network with other small business owners. Each month we cover a new topic that is relevant to small business owners. Register here: https://www.thorntononlinemarketing.com/hhop-webinarAdditionally, if you want to partner with me and build a 7 figure agency together where we hold each other accountable and create a winning situation for us both click here to get started with Go Highlevel the white-labeled platform that I'm using as the foundation to my agency.14-Day FREE Trial with Go HighLevel click here: https://bit.ly/tomghlGrab your FREE copy of  @Russell Brunson - ClickFunnels  "Traffic Secrets by clickinghere https://bit.ly/tchstrafficsecrets After you complete your purchase for the book I HIGHLY recommend that you take the upsell and get all of the books in the trilogy. Trust me, you'll need them all.Free business credit masterclass https://bizcredithelper.comThe Cortez Hustle Show Book Of The Month is "Expert Secrets" by Russell Brunson Get Your Free Copy Here!Text the keyword "Mastermind" to 314-866-4053 to join our private group and get hundreds of dollars in free training & resources weekly. This mastermind is 100% FREE.Support Our Show Partner Bob CraneClick here for FREE Financial Resources: https://bit.ly/tchsbobOpen Arms Wellness - For all of your mental health needs. Take a quick survey to get matched up with the right counselor today: https://bit.ly/h2htherapistmatchOther helpful resources:Dominate Social Media And Build An Attractive, Powerful Profitable, Personal Brand https://personalbranding365.comDesign stunning graphics for your brand try Canva Pro here https://bit.ly/tomcanvaUse Content Study to schedule your social media post to be omnipresent on all platforms: https://tomcontentstudio+++3 TOOLS EVERY ENTREPRENEUR NEEDS TO GROW +++1. Digital Marketing Platform - Create your own websites, sales funnels, digital products, online communities, and more with the Digital Empire System. It's the Premier All-In-One Digital Marketing Platform. Start your 14 Day FREE trial of Go HighLevel by Clicking Here!2. Mentorship/Mastermind - Every entrepreneur should have a coach, mentor, or be part of a mastermind group. The Monetize My Life Academy is the premier Digital Marketing Mastermind for entrepreneurs looking to get more out of the internet and social media. If you're looking to grow your online presence this is the mastermind group for you. Click Here3. Financial Education - Ask any entrepreneur why they're building a business and I guarantee that "LEGACY" is in their top 3 answers. Having the right financial education is what makes building that legacy a reality. Our FinancialEdge membership is designed with unlimited access to professionals to help you Minimize Taxes, Improve Credit, Reduce Debt, And Grow Your Money For Retirement with Done-For-You Real Estate Investing and Other Strategies. Click Here==ABOUT THE CORTEZ HUSTLE SHOW==iTunes: Click HereStitcher: Click HereSpotify: Click HereGoogle Podcast: Click HereAmazon Music: Click Here====================================================Email: hcortez@ThorntonOnlineMarketing.comWebsite https://thorntononlinemarketing.comhttps://www.facebook.com/thorntononlinemarketingllchttp://instagram.com/thorntononlinemarketinghttp://twitter.com/finhealthmentorDISCLAIMER: H Cortez aka Financial Health Mentor is NOT afinancial advisor/planner or CPA. The information shared on this channel is not financial advice but instead examples of actual experiences of H Cortez and the guests of the channel. Also, any mention/reference to income is NOT a guarantee but merely an example of potential income that could be made if one puts in the work required. Always see a certified professional assist you in your financial matters. Finally, the links recommended in most cases pay me a small commission if you were to click through and buy. That's one of the ways I finance the podcast.=====REFERENCES & ACKNOWLEDGEMENTS=====1 Minute Motivation YouTube CreditShow Some Love To The "Montha Morn" Channel: Click Here1 Minute Motivation Video: Click HereIntro Music for The Cortez Hustle Show Intro Courtesy of Anno Domini Beats

    Local Small Business Coach | Improve Your Profits & Sales

    Why does it seem like so many customers are cheap? How do you build your business if everyone only wants the cheapest price they can get? There will always be folks that want the cheapest price, but that doesn't mean you need to be that business owner!   YouTube Videos on P&L that Can Help:

    Wealth Science
    Ep 34 Long Term Investing with Anthony Carlton

    Wealth Science

    Play Episode Listen Later Jun 27, 2022 46:27


    There will come a point in time where we think about living the life free from financial worries and start planning on achieving financial freedom. Investment is one of the many ways this could be achieved. However, this also entails infinite questions like where to invest, what are the risks, or how to begin. In this episode of Wealth Science Podcast, Anthony Carlton, fiduciary advisor and Vice-president of farther, shares about tips on investing, the risks that come with it, and the partner you need in your quest to long-term wealth building. Outline of the episode: 1.     The quality of a good financial advisor 2.    Goal-based financial planning and Long term wealth building 3.     FOMO and its effect to wealth building 4.     Factors that help achieve financial freedom 5.     Investing in Cryptocurrency Catch up with Myles Gage: https://www.linkedin.com/in/anthonyrcarlton/ (LinkedIn | Anthony Carlton) Connect with your host Jesse Futia on: https://www.linkedin.com/in/jesse-f-ba54b9147/ (LinkedIn | Jesse) Futia https://www.facebook.com/jesse.futia/ (Facebook) | jesse.futia https://twitter.com/FutiaJesse (Twitter) | @FutiaJesse jesse@execequityinvesting.com Don't forget to connect with https://www.linkedin.com/company/wealth-science-podcast/ (Wealth Science on LinkedIn) Find out more about passive real estate investing by clicking http://www.execequityinvesting.com/ (here)! Interested in learning more about real estate investing? https://calendly.com/jessefutia/intro (Schedule a call with Jesse)! Want to get all the updates on the Wealth Science podcast? Click https://mailchi.mp/850d43b355bc/wealth-science (here) to join our newsletter! DISCLAIMER: On this platform, I share my thoughts, opinions, and own journey to financial freedom. I am not a CPA, attorney, or financial advisor. The content on this platform shall not be construed as tax or financial advice. It is your duty to verify all information yourself. I hope you enjoy all the free content as we continue to bring on amazing guests.

    Win Make Give with Ben Kinney
    Stewardship Success - Interview with David York

    Win Make Give with Ben Kinney

    Play Episode Listen Later Jun 27, 2022 40:09


    David York, author of The Gift of Lift joins Chad Hyams on this episode of the podcast to share about the power of stewardship and the mindset shift that comes with it. Don't let the things you own, own you, instead create opportunities. David is a CPA and Estate Lawyer so he has some tips on wealth creation that re worth listening to. ---------- Connect with David at: https://www.davidryork.com/   Get David's book: The Gift of Lift: Harnessing the Power of Stewardship to Elevate the World ---------- Join our Facebook group at www.facebook.com/groups/winmakegive   Part of the Win Make Give Podcast Network

    Iowa Business Report
    Iowa Business Report 22-26 (June 24-26, 2022)

    Iowa Business Report

    Play Episode Listen Later Jun 26, 2022 22:50


     On this edition of the Iowa Business Report: Creighton University economist Dr. Ernie Goss provides data from the latest Rural Mainstreet Index--and it shows a lack of confidence in the Midwest economy.Iowa's unemployment rate is now lower...as is the number of weeks of jobless benefits.And in this week's "Business Profile", we speak with Ben Yunt of Honkamp Krueger, a CPA and business consulting firm based in Dubuque.For more, go to totallyiowa.com and click on the "radio programs" link.    Presented by Advance Iowa, on line at advanceiowa.com; search for "Advance Iowa" on LinkedIn and Facebook, as well.Additional support comes from the Iowa Business Council, online at iowabusinesscouncil.org. 

    The CPA MOMS Podcast
    #196 - Interview With CPA MOMS Franchisee Nissa Savage, CPA, About Her First Year As A Franchisee

    The CPA MOMS Podcast

    Play Episode Listen Later Jun 26, 2022 41:11


    Every CPA has a story - we all have a journey we've taken to get us to where we are.  Every entrepreneur also has a story and journey as well.    This week I had the pleasure of interviewing Nissa Savage, CPA.  Nissa is a mom of two boys and lives in Alaska.  She comes from a background in private medical practice, medical groups, attorneys, and real estate investment industries.    Before becoming an accountant, Nissa was a professional mariner on vessels sailing in many regions of the world and is conversationally fluent in German. You can read the full show notes HERE

    Money Savage
    Your Financial Foundation with Tanya Taylor

    Money Savage

    Play Episode Listen Later Jun 26, 2022 23:13


    LifeBlood: We talked about setting your financial foundation, getting out of debt and on the path to financial prosperity, the mindset necessary to make it happen, how to handle increases in compensation, and how to get started with Tanya Taylor, CPA, MBA and Financial Coach.   Listen to learn why writing down what you want will get you there a lot faster! You can learn more about Tanya at GrowYourWealth10X.com, Facebook, TikTok 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

    Sunday Service
    06-19-22 | Can You SubTo a Foreclosure

    Sunday Service

    Play Episode Listen Later Jun 24, 2022 59:29


    Thanks for listening to Sunday Service! In this episode of Sunday Service.... Pace and Cody will answer all the questions you need to know about the upcoming wave of foreclosures.

    Wholesale Hotline
    Hey Pace! Can I Work With You? | Subto Breakout

    Wholesale Hotline

    Play Episode Listen Later Jun 24, 2022 8:35


    Have you ever wanted to work for Pace? Why do you think that will be helpful?  Listen to this as Pace tells you why it's MORE VALUABLE to get a deal done first before working him. Pace goes through all the reasons why he requires that but also tells you where to get all your questions answered without working for him! CHECK HIS YOUTUBE OUT! ITS ALL FREE!!!!!!! Pace Morby Youtube Page   ➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖ ☎️ Welcome to Wholesale Hotline & Subto Breakout✌️✌️! ☎️ Need discounts and free trials!? Check this out for the softwares/websites/contracts/scripts/etc we use in our business: ✌️ https://shor.by/pace-youtube ✌️ ➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖

    How to Scale Commercial Real Estate
    Raising Capital From Foreign Investors

    How to Scale Commercial Real Estate

    Play Episode Listen Later Jun 24, 2022 19:33


    Is it possible to invest overseas?   Bernard Pierson proves that you certainly can.   Bernard, Managing Partner at Equiti Partners has over 10 years of real estate experience. He has specialized in ground-up development and investing opportunities. Most recently, he led the development of over 100,000 square feet of single-family homes and condominiums, including land and infrastructure works. In this episode, he talks about his experience being a developer in Latin America and eventually focusing on multifamily and working with foreign clients.     [00:01 - 06:52] From Food Broker to Real Estate Investor Bernard explains his background in food brokering Developing in Latin America The political and economic risks they experienced Transitioning to active multifamily Investing Investing passively first and building relationships   [06:53 - 17:45] International Investing The advantage of knowing the native language and the culture Getting a CPA and attorney with expertise in international tax law How to start investing with Bernard and his team   [17:52 - 19:32] Closing Segment Reach out to Bernard!  Links Below Final Words Tweetable Quotes   “It's not going to be like your US or domestic investors where they can sign a PPM online and they can wire the money into the next day. It takes time and I encourage them to talk to a CPA.” - Bernard Pierson “If you're a syndicator or you're trying to raise money from, foreigners, it just makes your life a lot easier if they invest as a US person through a US entity.” - Bernard Pierson -----------------------------------------------------------------------------   Connect with Bernard at bpierson@equitipartners.com and follow him on LinkedIn and Facebook. Know more about the work they do at EquitiPartners.com.  Connect with me:   I love helping others place money outside of traditional investments that both diversify a strategy and provide solid predictable returns.     Facebook   LinkedIn   Like, subscribe, and leave us a review on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on.  Thank you for tuning in!   Email me → sam@brickeninvestmentgroup.com Want to read the full show notes of the episode? Check it out below: [00:00:00] Bernard Pierson:  I mean, there's great benefits of investment with a huge operator, right? There's nothing wrong with that. There's plenty of good big shops that you can invest with and get good returns. But if you want to do this actively you're going to need relationships. This is a very relationship driven business and networking is, great. And one way that worked for me at least to network and build relationships was to invest passively with other operators first.  [00:00:33] Sam Wilson: Bernard Pierson has been in real estate for 10 years. He started off in development and has since transitioned to full-time multifamily investing and syndication. Bernard, welcome to the show.  [00:00:43] Bernard Pierson: Thanks, Sam. Happy to be here.  [00:00:44] Sam Wilson: Hey, the pleasure's mine. There's three questions I ask every guys who comes to the show: in 90 seconds or less, can you tell me, where did you start? Where are you now? And how did you get there?  [00:00:52] Bernard Pierson: I started in, I used to do food brokering. That was basically, I mean, I had a job out of college for, W2 for one year, but right into, you know, pretty soon I, I quit. I was an accounting job. I was bored out of my mind, so I quit. So I like to say I started off with food brokering, which is kind of like my entrepreneurial path that I took. We did pretty well. [00:01:11] Bernard Pierson: Very transactional. And I figured that out pretty quickly. And that's how I found real estate and ended up partnering with some guys that, great guys, great partners that had experience. And that's how I got into development. And we did some developments in Latin America specifically Nicaragua and Costa Rica. [00:01:29] Bernard Pierson: And I've then transitioned over the last five years or so, just a full-time multifamily investing in the US. Because I found out that there was a lot of risk and a lot of things that I was not thinking about before that Latin America exposed us to basically. So yeah. I think that was around 90 seconds. [00:01:48] Sam Wilson: No, I think that was perfect. Well done. Thank you. Yeah. Food brokering. Can you, that doesn't mean anything to me. I'm just really curious. Can you give me a ten second highlight? What does that mean?  [00:01:59] Bernard Pierson: Yeah. So we would source the suppliers and, find buyers for beef. We get coffee, we did sugar. I'm from, I'm a half in Nicaraguan, part Nicaraguan part American. And I, I grew up in Nicaragua a lot of my life. I lived there from like six years old to 18. So I, just know a lot of people, it's a small country. It's a very agricultural country and a lot of food production. So that's how I got into that.  [00:02:23] Sam Wilson: Got it very, very cool.  [00:02:25] Bernard Pierson: Very transactional though 'cause it was, it was based on finding the seller and the buyer. And as technology, you know, and globalization has grown, the value of being that intermediary is, is not as, as valuable, I guess, anymore. So we used to have a transaction here and there where, and we used to make a lot of money on the transaction or good money. But it was very transactional. We weren't really building a, a sustainable long term business that would work without us being there.  [00:02:49] Sam Wilson: Let's jump into the next section of your story there. Developing in Latin America, it sounded like there were some risks or some lessons you learned the hard way. [00:03:00] Bernard Pierson: Oh yeah. There's two reason. I ended up going back to Latin in America. So when I was 18, I came to the US. I lived here for a long time. But when I got back into real estate, there was two things I was looking for. One was partnering with someone who had experience. [00:03:12] Bernard Pierson: So development, in my case, checked that box. My partners or my potential partners at the time had experience developing for many years in, in Latin America. And the other thing was going, in my case, I was going back to Nicaragua, originally, at least at the beginning. And this was home, right? [00:03:29] Bernard Pierson: It was a place I knew a lot of people. I knew my, the area very well. So I checked those two boxes. I was local to Nicaragua and, and I had partners with experience. The part I missed was Latin America can bring money risks that we, we just aren't aware of here in the US and those are specifically going to be politically and, or just political risk. And just the economy in itself is not as robust as it is here. Investments are going to be a lot less liquid. There's just a lot more risk in general. And I did a lot of research into that at that time, right? And I really found out that risk adjusted return, at least for me, or from my point of view or the analysis I did was a lot better in the US than in Latin America. [00:04:15] Sam Wilson: Right. So if I'm hearing you, right, you're saying that there was, you were taking on a lot of additional risk without the additional return that would be involved in assuming that additional risk. Was this something, when you were doing these development projects, is that where you cut your teeth in raising capital and bringing in outside investors? [00:04:33] Bernard Pierson: Most of our developments, what we would do was the seller of the land would get some sort of, we, we would creatively finance the deals where the seller of the land would some, that's either equity or, or maybe. I don't know if we were building a condo building on the seller's land. [00:04:49] Bernard Pierson: Well, then they would've got a condo or two, depending on the value, right, of the land in payment for, for their land. So we didn't really work with investors much. It, they didn't require tons of capital. A lot of the capital we put up, which was just a at risk capital of the preconstruction phase, which is the designs, the architectural work and all that stuff. [00:05:07] Bernard Pierson: The seller of the land put up most of the equity. An d then the bank put up the rest, which was just a construction, right., Or the, the bank would basically finance our hard cost. We would finance the soft cost and the seller would just finance the equity or the land.  [00:05:23] Sam Wilson: Got it. Got it. So you did a few of these projects. You said, man, there's way too much risk in that I see g reener pastures in investing in the United States multifamily markets. What did you do to transition into that space?  [00:05:36] Bernard Pierson: Right, so, the reason I found out was while I was developing in Latin America, I was also investing passively in real estate. I was, I was an LP. And I was seeing, man, I'm getting great returns on these LP deals. And not putting much work into it, right, or if, if any, at all. No work into it, except the due diligence, right, at the beginning and signing the paperwork and all that stuff. [00:05:56] Bernard Pierson: I was traveling. When I was developing, I was still living in the US. I wasn't fully living in Nicaragua or Costa Rica. I would travel every week, Monday through Friday. It's a two hour flight from Miami, so I was based out of Miami and I would just travel every week. Sometimes I would say the week, and my wife would come over. [00:06:13] Bernard Pierson: And, but I was basically, we were half and half between the two countries, right? So as I was seeing my LP investments, maybe not out, outperforming, but at least matching, and in some cases outperforming my active work in development. So, so my LP, my passive stuff was doing better, you know, when I was doing nothing. I was like, no, did you know, this is something I have to transition to at the time also Nicaragua, back in 2018, we had a pretty bad social economic, political crisis that the economy came to a standstill. [00:06:41] Bernard Pierson: It still hasn't recovered. And it was just a perfect time to transition full time into active multifamily. Let's call it.  [00:06:51] Sam Wilson: Got it. How, how did you build your team members? What, what did that process look like to go, 'cause it's one thing to be a passive investor. And it's another thing altogether to say, all right, now I'm going to go actively start taking down deals. What are some steps you took that you feel like other people should take? [00:07:05] Bernard Pierson: If you have the opportunity to invest with another operator, someone, got to know an operator, invest with them. If you can invest with one, that's not a huge operator, I mean, there's great benefits of investment with a huge operator, right? [00:07:20] Bernard Pierson:  There's nothing wrong with that. There's plenty of good big shops that you can invest with and get good returns. But if you want to do this actively you're going to need relationships. This is a very relationship driven business and networking is, great. And one way that worked for me at least to network and build relationships was to invest passively with other operators first. [00:07:39] Bernard Pierson: And I got to meet them. And my first active investment was actually with one of the sponsors or operators I used to invest with passively so that my LP relationship with this operator ended up being a GP or co-GP relationship.  [00:07:53] Sam Wilson: That's cool. I love that. You already know the deal sponsor. When this goes live, it's not like you're going, oh, okay, well, let me get to know you and see if we can work together. I said, no, I already understand how you work. I've seen all your deals up front. I've participated with you. Now, is there a way to join the team and help take these down together? [00:08:10] Bernard Pierson: And the sponsor also wants to know you, too, if they're going to team up with you, right? And even if you're just going to be an investor, they'll want to get to know you because there can be some LP investors, which are not desirable to some sponsors for different reasons, you know, that I'm not going to get into right now. [00:08:26] Bernard Pierson: But a relationship forms. You know, if you've been investing with sponsor for 1, 2, 3 years, they'll get to know you you'll get to know them. And especially if you, not that you're going to call the sponsor every day, right, but maybe you speak once a quarter or just once every six months, whatever, you know, like these guys used to have quarterly call, you know, for the investors and I used to log into the calls and I would see them there. [00:08:45] Bernard Pierson: And. Yeah, I, I 've seen four or five deals before I went into an active deal with them. So yeah.  [00:08:51] Sam Wilson: Right. That's a great way, great way to get to know somebody up front. We talked about this off air and I, I want to make sure that we spend probably the rest of this show talking about what it's like raising capital from foreign investors, you know, 'cause you, you told me that the majority of your investors come from Latin America. [00:09:10] Sam Wilson: What has been the process for you? I mean, how, how does this work mechanics of it? What's the investor education like? Can you just tell us what, because that's a very unique, you know, the aspect of this business that, that you bring that many of our guests in the show just don't have any experience in that. So I'd love to hear how you do that. [00:09:29] Bernard Pierson: Right, yeah. So it's very different for several reasons. and one thing that's important is that an investor from the UK is not the same, or from Canada, or from Nicaragua, Venezuela, they're all different. They're all going to be different. Tax purposes, legal reasons, culturally, language they're, they're going to be completely different. [00:09:47] Bernard Pierson: I'll start off with how I met them and, and why they invested with me. For me, it's simply because I'm in Miami and there are other multifamily operators that speak Spanish and, and are from that in America. But not many, there's a lot less. [00:09:59] Bernard Pierson: And I'm one of the few that speaks the language. The multifamily language in Spanish if it even exists, right, 'cause just a concept of multifamily that doesn't even exist in Latin America. This rental, like, a rental building or a rental community, we don't really have that much. [00:10:14] Bernard Pierson: We may have a little bit of that in countries like Chile, maybe Mexico. Columbia is starting to see some of that, but it It's rare, right? You won't see it in Nicaragua or the rest of Latin America. And if you see it, there's very little of it. So first it's, that education part, right, and trying to educate someone in a language that's not their, their native language is not easy. So I have that advantage that I, can educate them in Spanish, or I can tell them about the industry in Spanish. And what I've done specifically to get to know these investors is I've been invited to speak to, to groups of investors and, and conferences or meetups, or gatherings where, and here in Miami, right, 'cause Miami is like we call it sometimes a capital of Latin America. It's the perfect place to be if you want to be exposed to Latin American investors, and I just got invited to these conferences, I speak in Spanish, talked about the industry, talked about what I think, talked about from the basics up to more advanced stuff, depending on who the audience is, right? But I do it in Spanish. And after every event, at least four or five, you know, individuals from the audience come up to me and the conversion rate of investment is 50 to 60% of the people that I, that come up to me after the, I don't even have to reach out to them. [00:11:25] Bernard Pierson: It's, it becomes a very, a very good connection. I, I guess. And so from there, the interesting part is that if most of the members of the audience at these events, or even if it's not an audience, even if they're just in Miami and they're interested for some reason or another, they're interested in investing in the US, they're usually here for a reason. And that reason is very similar to my reason, which is I found out that Latin America has a lot of risk. We have a lot of political issues. We have a lot of social unrest. There's unlimited number of things that can go, you know, I can go on all day here, so we identify very easily, right? I've been where they're at right now. And, and recently these are countries like Peru and, and Chile where they're having ,they got swings politically where they're nervous that they may, I'm not saying they will, they won't, but they're nervous that they may become like a Venezuela or something like that, right? So, so yeah, so they're nervous and we can help, right.? They're getting exposed to, to real estate in this country. I explained to them how I went through the same and how I measured, I have all these measurements I made and indices and all this research I did back in the day on, on why the risk adjusted return is better in the US, at least in real estate, specifically than it is in Latin America. [00:12:38] Bernard Pierson: And I show 'em all the data and explaining it to them. And I wrote a thesis on this, right. So I know my numbers pretty well. And which is another thing, right? When you speak to your investors, know your numbers, even if it's not the deal numbers, Just know your numbers of the demographics, the city, whatever you're trying to bet across.  [00:12:52] Sam Wilson: Are you bringing capital in from out of the country?  [00:12:56] Bernard Pierson: Yes, we are. If you're going to accept money from a foreign investor, there's a lot of things you have to consider. Most countries in Latin America do not have a tax treaty with the US. The only two that will have a tax treaty with the US are going to be Mexico and Venezuela. So Venezuela, you can't even do business with them for other reasons. So you can scratch that one off. So you're left with Mexico. I think there's, I don't know if it's Peru or there's another country that's negotiating a tax treaty, but not that I know of, at least there's no other country that has an active tax treaty other than Mexico. [00:13:30] Bernard Pierson: You would have to talk to your CPA about this, but usually if they don't have a tax treaty, you're going to have to withhold when you distribute back to them, right? So that withholding is, is just going to kill their returns or their cash flow. The only way, usually, again, that they'll get that money back, if they invest individually, is if they file a tax return in the US. [00:13:47] Bernard Pierson: And a lot of these investors don't want to just because they, they don't want to have to deal with, another tax return or there's different reasons why foreigners don't want file taxes in the US. And what we do is we have a team of, and this is what, if you're interested in working with foreign investors, find a CPA or an attorney or a tax attorney that knows this area very well, not necessarily real estate, but just taxes, just international tax law and has worked with foreign investors before. And they can help you and they can help the investors. And that's basically what we do. [00:14:21] Bernard Pierson: We refer our investors to a CPA. They sometimes have their own, but if not, we have the players that we can refer them to that can help them. And, and that's the only solution we can give them and it's going to take them time. So that's the other thing you have to know. [00:14:33] Bernard Pierson: It's going to take them time to structure themselves. It's not going to be like your US or like your domestic investors where they can sign a PPM online and they can wire the money into the next day. You know, not that it's all it happens most of the time. Right. But technically they can fund, you know, in a day or two. [00:14:49] Bernard Pierson: That's not going to be the case for Latin America. It's going to be a lot longer than that. They're going to have to get the appointment with the CPA, with the lawyers, talk with them. It takes time. It's going to take a couple weeks, two months, three months. So it's just going to take time and just encourage them to talk to that CPA. [00:15:04] Bernard Pierson: What we usually do is that we ask them to invest as a US person and they can do that if they either get an ITIN or some sort of us entity. Again, they have to talk with their CPA to do it right. And I'm not saying, just go get a n entity online or anything like that. It won't work if you do it, especially if you're a foreigner, 'cause there's a lot of different things that you have to do, right? But if you're a syndicator, or you're trying to raise money from, from, foreigners, it just makes your life a lot easier if they invest as a US person through a US entity.  [00:15:35] Sam Wilson: Right. Right. And just to reiterate your advice is to find a CPA and an attorney that really knows international tax law and is quite familiar with this process, it sounds like that's the way you've gone about, one, relieving yourself of any risk or giving bad advice, but also ways to streamline it and make it easy. Just say, Hey, go talk to person you know, X and Y,  [00:15:56] Bernard Pierson: Right and also talk to that CPA or that attorney before, so, you know, you start forming that relationship and they already know more or less what you do. So that'll save a lot of time that it's not going to be your investor, them coming to you. So, how does this work? What's the mechanics? How often are you going to distribute? When are you going to sell? When are you going to do that? Right? So it, there's a lot of specific things. Like there's certain tax laws that allow you to, if you dissolve an entity, then there's a lot of tax advantages to the foreign investor, for example, right? So they're going to start asking you, when are you going to dissolve it? And, and you might as well have answered that before if it's the CPA you referred them to.  [00:16:33] Sam Wilson: Right. Right. So is there a dollar amount, like when an investor comes to you? I mean, we see in most syndications, 50 to a hundred thousand is a minimum investment, you know, and obviously they go up much higher depending on, you know, what it is you're getting into, but is there a dollar amount for a foreign investor where this just doesn't make sense? I mean, is, is there a minimum? [00:16:52] Bernard Pierson: A hundred percent, yeah. So in our head, if, for Latin American investors, that amount is going to be about 250,000. If it's less than that, it'll probably be more expensive to structure everything than to invest. I've heard other operators say that they can do 50 or 100k and, and they they're fine with that. [00:17:10] Bernard Pierson: I don't know how they do it, right, but for us, that number is closer to 250. Tha t doesn't mean it has to be 250 on every deal. Once they have, they start building the structure, they can become more efficient and reuse their legal structure or, or whatever, right there, there's certain economies of scale that they can start and join. [00:17:26] Sam Wilson: Right. But out of the gate, in your opinion, if it's less than, than 250 grand. It just doesn't make any sense because of the administrative burden of getting everything set up you've, you've diluted your returns to the point where it's kind of like, okay, well this was an exercise.  [00:17:41] Bernard Pierson: A hundred percent. Yeah. Just the entities that they have to form the, you know, the, the legal costs you're going to have. On all levels, it's just going to probably be, it's not going to take any returns.  [00:17:49] Sam Wilson: Yeah. Right? Yep. Cost prohibitive. That's really, really awesome. Thank you, Bernard for taking the time to break down this, this process and how, how you've gone about bringing foreign investors into the US. I think that's really cool. And again, certainly it's something we haven't talked about a lot on this show. So I appreciate you kind of giving us the insight on how that works for you down to the dollar amount that maybe it makes sense for. And then you know, just the, kind of, some of the risks that you also see in investing in other countries. I mean, you have, you personally have experience in doing development in other countries. So I think that's, that's also something really cool that we've learned here from you today. So thanks for taking the time to share with us. I certainly appreciate it. If our listeners want to get in touch with you or learn more about you, what is the best way to do that? [00:18:30] Bernard Pierson: I'm on all those social media platforms, Facebook, Instagram, LinkedIn. Look me up, Bernard Pierson. Pierson is P I E R S O N. So just look me up, my company, and you can send me a message. I'm, I'm pretty responsive there. You can also email me, my email is bpierson, B P I E R S O N, @equitipartners.com. And we spell equity with an I at the end for international, not a Y. So @ E Q U I T I partners.com.  [00:18:59] Sam Wilson: Awesome. Bernard, thank you so much. I do appreciate it. We'll make sure we link all of that there in the show notes. Appreciate you coming on today. Have a great rest of your day.  [00:19:06] Bernard Pierson: Thanks a lot, Sam. Great being on here.

    RUN GPG Podcast
    Tom Wheelwright - “The Win-Win Wealth Strategy”

    RUN GPG Podcast

    Play Episode Listen Later Jun 24, 2022 46:08


    Tom Wheelwright, CPA is the visionary and best-selling author behind multiple companies that specialize in wealth and tax strategy.  Tom is also a leading expert and published author on partnerships and corporation tax strategies, a well-known platform speaker and a wealth education innovator.  Tom is a regular commentator and contributor to publications such as Forbes, The Huffington Post, ABC News, and more.  He's also trusted as the personal accountant and business partner of Robert Kiyosaki who we know as the author of ‘Rich Dad Poor Dad.'   Tom wants to bring a new level of consciousness to the average person and to enlighten everyone on how tax benefits are incentives and how tax law can be used as a roadmap to wealth. The tax incentives that the government incentives us to use are not just for the .01%--they are for all of us to use to have a tax strategy for building wealth and it's Tom Wheelwright's mission to break this down in easily digestible information.   Tom created the WealthAbility System, authored the bestselling book Tax Free Wealth --  which is #1 on Amazon in the Tax Law category a decade after it was first published – and has another groundbreaking book called The Win-win Wealth Strategy: 7 Investments the Government will Pay You to Make that's launching this July, 2022.  With this new book, Tom transforms the way you think about building wealth and challenges the paradigm that tax incentives are immoral loopholes. Backed by deep research in 15 countries, he identifies seven investing strategies that are A-OK with governments worldwide and will fatten your wallet while making the world a better place. You'll learn:   How to tax-effectively invest in business, technology, energy, real estate, insurance, agriculture, and retirement accounts How to use tax incentives to help pay for your next car, house, or tuition bill Why “the rich” are not “a drain on society” and, more importantly, how to become one of them   An indispensable and startlingly insightful exploration of straightforward investing strategies, The Win-Win Wealth Strategy improves your confidence in tax-effective investing, so you make better decisions with your money and supercharge your family's generational wealth while creating jobs, developing technology and improving access to food, energy and housing. Tom will also be the next guest speaker at the Greater Property Group Mastermind on July 12.  You can sign up to get the video link for free by going here:  https://GPGMastermindTraining.as.me/ You can pre-order/order Tom's new book here: https://winwinwealthstrategy.com/     Topics discussed on this episode: Making Taxes "Simple & Fun" How To Legally Pay NO Taxes What's In Donald Trump's Tax Returns? Working With Robert Kiyosaki  What Real Estate Agents Should Be Informing Their Clients Why Realtors Are "Insiders" Cryptocurrency, Real Estate, & Taxes Difi & Blockchain The Win-Win Wealth Strategy Famous Tax Quotes     Every week, the RUN GPG Podcast aims to provide inspirational stories from people who made a mark in entrepreneurship, personal development, and the real estate industry. It is produced by the GREATER PROPERTY GROUP to help the audience grow and scale their business and their life. Know more about GREATER PROPERTY GROUP and the RUN GPG Podcast by going to www.rungpg.com or by getting in touch with us here: info@greaterpropertygroup.com. Contact Tom Wheelwright: Website: https://tomwheelwright.com/ Instagram: https://www.instagram.com/tom_wheelwright/ Facebook: https://www.facebook.com/Tom.Wheelwright.CPA/ To buy books: https://tomwheelwright.com/resources/books/ Subscribe & Review The RUN GPG Podcast Thanks for tuning in to this week's episode of the RUN GPG Podcast! Please leave us a review on iTunes. This will help us continue delivering beneficial content for you and our listeners each week!

    The Pedestrian Podcast
    Episode 184: Cliff Avril & Champions of Change

    The Pedestrian Podcast

    Play Episode Listen Later Jun 24, 2022 32:29


    We were fortunate and delighted to welcome BACK on to the pod this week, former Seahawk & SB 48 Champ Cliff Avril. Cliff joins the guys to talk about 'Champions of Change' a foundation and fundraising effort with himself and fellow former Seahawks Doug Baldwin & Michael Bennett. We cover the weekend's activities, prepping for playing at CPA and what CoC shows with the connectivity of that Seahawks squad.   Really great chat and initiatives afoot with the Champions of Change, check it out at www.championsofchange.org.

    The Egg Whisperer Show
    Reaching Your Peak Fertile Potential with guest Dr. Lorne Brown

    The Egg Whisperer Show

    Play Episode Listen Later Jun 23, 2022 34:04


    Today on the Egg Whisperer Show podcast, I'm joined by Dr. Lorne Brown Dr. Brown is the founder of Acubalance Wellness Center in Vancouver, British Columbia, Canada. Once an accountant, he left his career as a CPA to receive a Doctorate of Traditional Chinese Medicine (Dr. TCM) at Vancouver's International College of Traditional Chinese Medicine, and trained in hypnosis, functional medicine, cold laser therapy and Psych K. His training in this exciting mix of wellness practices allows him to help patients tap into their innate ability to heal from pain, digestive disorders, anxiety, hormone imbalances and reproductive health issues. He's done a lot of ground breaking work around laser acupuncture protocols, and integrative medicine. I'm excited to have him on to talk about his practice and experience today!   Read the full show notes and transcript on my website.   Subscribe to my YouTube channel for more fertility tips! Join Egg Whisperer School Checkout the podcast Subscribe to the newsletter to get updates   Dr. Aimee Eyvazzadeh is one of America's most well known fertility doctors. Her success rate at baby-making is what gives future parents hope when all hope is lost. She pioneered the TUSHY Method and BALLS Method to decrease your time to pregnancy. Learn more about the TUSHY Method and find a wealth of fertility resources at www.draimee.org.

    CPA Exam Experience from SuperfastCPA
    How Mike Used SuperfastCPA with Becker CPA to Pass

    CPA Exam Experience from SuperfastCPA

    Play Episode Listen Later Jun 23, 2022 24:32


    In this SuperfastCPA reviews podcast episode, you'll hear how Mike started using SuperfastCPA along with his Becker review course. As he said, having SuperfastCPA as a supplementary tool gave him the advantage to pass for FAR. Important LinksLearn our “ultra-efficient” CPA study methods here: https://www.superfastcpa.com/study-secrets/ Enter the free podcast giveaway: https://www.superfastcpa.com/enter See CPA score release dates here: https://www.superfastcpa.com/cpa-score-release-dates/ How to study for the CPA exams: https://www.superfastcpa.com/how-to-study-for-the-cpa-exams/ Episode Timestamps00:00 Mike Paone Interview 05:30 Mike's CPA Journey 08:48 Bridging the Gap Using SuperfastCPA 11:17 His Daily Study Routine 12:32 Studying on the Weekends 16:06 Flashcards and Note Taking 18:38 Actual Day of the Exam 22:08 Tips for Those Who are Still in the Study Process FULL EPISODE PAGE: https://www.superfastcpa.com/how-mike-used-superfastcpa-with-becker/ Learn the SuperfastCPA Study Approach, Free You'll hear me mention the SuperfastCPA study process multiple times in this episode.  What we teach our customers is how to have a 2-hour main session each day where you can get more done than someone studying 4-5 hours the "normal way".  We cover this in our free "study trainings", which are 1-hour webinars where you'll learn exactly what to do when you sit down to study so that you can 1) move through new material faster, 2) understand and retain it better, and 3) spend less time in front of your review course WHILE getting better results. Register for a free session here: https://www.superfastcpa.com/passnow OR, just text PASSNOW to 44222 and we'll text you back a link to the training. This is one hour that will literally save you months of time and frustration from trying to figure this stuff out on your own, so register for a session today! Register for a free session here: https://www.superfastcpa.com/passnow

    The RV Entrepreneur
    Should Influencers and Content Creators Be Accounting for Free Products and Services From Brand Deals? With Penny Rose CPA From Fefifofum Services | RVE 256

    The RV Entrepreneur

    Play Episode Listen Later Jun 23, 2022 36:03


    Today we have the pleasure of talking with Penny Rose. Penny is a CPA and has been working as a Forensic CPA for the past 20 years. As she retires from that career on her path to financial independence she is looking forward to taking on more clients in her side business as a CPA and financial consultant for content creators. So if you're an RVer that is creating content - this episode and Penny's services are directly applicable to you. I think you will definitely enjoy and learn from what Penny has to say. Enjoy the interview!

Joshua


~~~~~~~~~~ Connect with Penny Rose:

Website: https://fefifofumservices.com/
Instagram: https://www.instagram.com/fefifofumpersonalcfo/ LinkedIn: https://www.linkedin.com/in/pennycrispellrose 
Facebook: https://www.facebook.com/fedFIfrugaloptionforgetumoney/ 
 ~~~~~~~~~~~~~~~~~~~~~~~~
 Be sure to join the RVE community on Facebook: therventrepreneur.com/facebookgroup

Connect with RVE on your favorite socials: therventrepreneur.com/connect Have a question? We'd love to hear from you - send us a voicemail by clicking here: therventrepreneur.com/voicemail Want to be a guest on the show? Fill out this guest form: https://therventrepreneur.com/guestform ~~~~~~~~~~~~ The RV Entrepreneur: www.therventrepreneur.com The RV Entrepreneur is presented by RV LIFE - Tools that Make Camping Simple www.rvlife.com --- Send in a voice message: https://anchor.fm/rve/message

    How Did They Do It? Real Estate
    SA462 | The Fulfillment of Being a Limited and General Partner in a Real Estate Syndication with Maggie Cheung

    How Did They Do It? Real Estate

    Play Episode Listen Later Jun 23, 2022 27:30


    Get ready for another learning today as Maggie Cheung joins us to discuss what drives her to pursue the next level of investing from limited to a general partnership in real estate. As you tune in, you'll recognize the importance of the right mindset before leaving your corporate job, the things you should know to stay grounded in a shifting market, and more about syndication. Be sure to listen in!Key Takeaways To Listen ForWhy long-term rental is the ideal investment strategy for W2 job workers?The right path to getting involved in the general partnership (GP) of multifamily syndicationsThings to look for as a limited partner (LP) in syndication and how to discover your niche in real estateTools and resources you can utilize to conduct market research and data analysisWhat makes an ATM syndication a good cash flow optionEmotions to overcome when shifting from the corporate world to entrepreneurshipResources Mentioned In This EpisodeCity-DataFree Apartment Syndication Due Diligence Checklist for Passive Investor About Maggie CheungMaggie has been investing in real estate since 2011. During that time, she has focused mostly on buy-and-hold rentals, private lending, and both passive and active investing through real estate syndications. Maggie is passionate in following and implementing a financial philosophy that grows wealth at a steady pace and over time, allowing her to be at ease and share more moments with her family and own her time. Prior to transitioning to full-time real estate, Maggie has worked in large financial firms, including Goldman Sachs and Morgan Stanley and where she specialized in risk management for the Firms' Investment Banking and Investment Management businesses which includes reviewing, assessing, and improving the Firm's underwriting and due diligence process. Maggie holds a bachelor's in Accounting with a minor in Management Information & Systems from University of Delaware, and a Certified Public Accountant (CPA) and Certified Fraud Examiner (CFE) certifications. Lana's experience ranges from managing and streamlining operations of her family-owned commercial businesses, development of her family's multifamily property, to passively and actively investing in real estate syndication. She has a background in audit, compliance, and risk management experience with large financial institutional clients and is also a CPA.Connect with MaggieWebsite: Sage Investing GroupEmail: Maggie@Sageinvestinggroup.comTo Connect With UsPlease visit our website: www.bonavestcapital.com and please click here, to leave a rating and review!SponsorsGrow Your Show, LLCThinking About Creating and Growing Your Own Podcast But Not Sure Where To Start?Visit GrowYourShow.com and Schedule a call with Adam A. Adams.