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In this episode of The Whissel Way Podcast, recorded during our weekly Tuesday team meeting, Kyle Whissel unpacks the key components of the One Big Beautiful Bill—a sweeping 1,100+ page tax reform proposal. Designed for real estate professionals, this session walks through critical wealth-building strategies like bonus depreciation, cost segregation, opportunity zones, 1031 exchanges, and the powerful “Buy, Depreciate, Borrow, Die” approach. You'll learn how to help your clients save tens of thousands on taxes, optimize your own portfolio, and set up long-term financial freedom. Whether you're working with investors, higher-net-worth clients, or building your own real estate empire—this is a masterclass you don't want to miss. Chapters: 00:00 – Intro: Why This Meeting Matters 01:30 – Are These Events Worth Inviting People To? 03:00 – What the One Big Beautiful Bill Is 05:00 – The 199A QBI Deduction Explained 07:15 – SALT Tax Cap Changes (And Why Californians Should Care) 12:20 – Opportunity Zones vs. 1031 Exchanges 19:00 – Bonus Depreciation: How to Write Off 5-15 Year Assets 25:00 – The Buy, Depreciate, Borrow, Die Strategy 33:00 – Step-Up Basis and Estate Tax Changes 45:00 – How to Start These Conversations with Clients
Friend of the show and former guest James Steele traded in a 2023 Bronco for a new Bronco Raptor Trauma surgeon Dr Stephen Moran talks about Lyme scooters and how unsafe they are. We spotted a Porsche Taycan Turbo S. It's quite a car, but OMG does it depreciate! Speaking of depreciation, collector car expert Adams gets into the cars that depreciate the most. Spoiler alert: the Taycan is on the list... This or that: Radwood era Mazda RX7 vs Nissan 300ZX #carsoncallpodcast #steveautos #traumasurgeon #traumasurgery #traumasurgeonsafety #autosafety #fordbronco #fordbroncoraptor #porschetaycan #depreciatingcars
Morning chat: What happens to muscles as we age if we don't do anything to strengthen them. Do they just stay as they are or do they depreciate?www.FruciFit.com Helping Wiltshire ladies 40+ get fit and ditch the yo-yo dieting
This Week in Startups is brought to you by… Squarespace. Turn your idea into a new website! Go to Squarespace.com/TWIST for a free trial. When you're ready to launch, use offer code TWIST to save 10% off your first purchase of a website or domain. Vanta. Compliance and security shouldn't be a deal-breaker for startups to win new business. Vanta makes it easy for companies to get a SOC 2 report fast. TWiST listeners can get $1,000 off for a limited time at vanta.com/twist Northwest Registered Agent. When starting your business, it's important to use a service that will actually help you. Northwest Registered Agent is that service. They'll form your company fast, give you the documents you need to open a business bank account, and even provide you with mail scanning and a business address to keep your personal privacy intact. Visit http://northwestregisteredagent.com/twist to get a 60% discount on your next LLC. Today's show: Sunny Madra joins Jason to demo Bard's YouTube summarizer (2:27), an iPhone app that draws apps (41:14), Stability's Clipdrop (59:20), and much more! * Time stamps: (0:00) Sunny Madra joins Jason (2:27) Sunny demos Bard's YouTube summarizer (7:00) Jason's revamping his Substack! First topic; Jason's new ADD management framework: Automate, Delegate, Depreciate (13:58) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at https://Squarespace.com/twist (14:54) Bard's YouTube summarizer demo continued (27:09) Vanta - Get $1000 off your SOC 2 at https://vanta.com/twist (29:09) Sunny demos tlDraw and discusses the evolution of low-code environments (40:08) Northwest Registered Agent - Get a 60% discount on your next LLC at http://northwestregisteredagent.com/twist (41:14) Sunny showcases UIDraw, an app to draw and build a web app on your phone with AI (46:57) Sunny demos Trace, a tool to design a UI via AI (53:38) Sunny demos Runway TV (59:20) Sunny demos Stability's image editing tools, including Clipdrop (1:05:18) Jason and Sunny's AI predictions and bet * Links: https://www.wired.com/story/inside-story-of-pong-excerpt/https://en.wikipedia.org/wiki/Vin_Scelsastabilityhttps://twitter.com/jsngr/status/1728848624048853442?s=42&t=79J_alIF_jrz1wn1s5pboQclipdrop * Check out: https://www.trace.zip/https://www.runway.tv/https://makereal.tldraw.com/ * Follow Sunny: https://twitter.com/sundeep * Great 2023 interviews: Steve Huffman, Brian Chesky, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland Check out Jason's suite of newsletters: https://substack.com/@calacanis * Follow Jason: Twitter: https://twitter.com/jason Instagram: https://www.instagram.com/jason LinkedIn: https://www.linkedin.com/in/jasoncalacanis * Follow TWiST: Substack: https://twistartups.substack.com Twitter: https://twitter.com/TWiStartups YouTube: https://www.youtube.com/thisweekin * Subscribe to the Founder University Podcast: https://www.founder.university/podcast
If it’s in the house, it’s either appreciating or depreciating. And truly appreciating something keeps it from depreciating. Let’s talk about this concept. By “let’s” of course I mean me. Because I’m the only one talking. But I had fun in this conversation with myself. Take Your House Back is on sale. My books Want […] The post 394: Appreciate or Depreciate – It’s Your Choice appeared first on Dana K. White: A Slob Comes Clean.
Depreciation may sound like a bad thing to some people, but it can be a benefit when it comes to finances. On this episode, David Hays welcomes Martin James, CPA, back to discuss various aspects of depreciation on property, the differences in active versus passive real estate investing, land leases and the potential tax benefits of loans. https://www.cfci.us/2025-the-final-drive
Worries about China's slowing economy and its widening interest-rate differential with the US have sent its currency, the yuan, tumbling some 5% this year, though it has fared better against the currencies of other trading partners. The People's Bank of China has introduced a variety of measures to slow the depreciation, including stronger-than-expected reference rates and urging state banks to buy the managed currency. Meanwhile, the greenback rallied toward a three-month high today as traders mulled the possibility of higher-for-longer interest rates ahead of Federal Reserve Chair Jerome Powell's speech at the Jackson Hole symposium later today. Emaad Akhtar speaks to Philip Wee, Senior FX Strategist, DBS to find out more about the latest movements in currency markets.See omnystudio.com/listener for privacy information.
Get ready for another exciting episode of Bid Nerds, hosted by car enthusiasts John Polnik and Michael Deeb. In today's video, we delve into the captivating world of depreciation and analyze whether a 2017 Porsche Macan Turbo listed on Doug DeMuro's Cars and Bids will suffer the same fate as certain Audi models. Porsche is renowned for producing high-quality vehicles that hold their value well over time. However, the depreciation curves of different car models can vary significantly. Audi, a fellow German brand, has been known to experience steeper depreciation rates compared to some other luxury brands. Join us as we examine the factors that contribute to a car's depreciation, including market demand, model reputation, maintenance history, and overall desirability. We'll explore whether the 2017 Porsche Macan Turbo, a popular and highly sought-after model, is likely to experience a similar depreciation curve as certain Audi models or if it will fare better. Through our extensive research and industry insights, we'll discuss the factors that can influence the long-term value of a vehicle and help you understand the potential depreciation risks associated with the 2017 Macan Turbo. Our aim is to provide you with valuable information to make informed decisions when it comes to purchasing and owning a luxury car. Please note that the opinions expressed in this video are based on our research and available knowledge at the time of recording. The depreciation trends of specific models can be influenced by various factors and may change over time. It's essential to conduct your own research and consider multiple factors when evaluating a car's potential depreciation. We would also like to thank our valued sponsors, Gaudin Porsche, Gaudin Classic, and The Romi Show Youtube channel, for their continued support. Their partnership allows us to bring you engaging content and insightful discussions on the world of cars. Don't miss this thought-provoking episode of Bid Nerds as we explore the potential depreciation of a 2017 Porsche Macan Turbo on Doug Demuro's Cars and Bids. Subscribe to our channel for more exciting content, predictions, and reconciliations in the captivating world of automotive enthusiasts. Disclaimer: The information provided in this video is for informational purposes only. We advise viewers to conduct their own research and consult with experts before making any purchasing decisions. The depreciation trends discussed are based on general observations and may not apply to every individual vehicle.
Today we are chatting with probably the most experienced tax specialist in Australia, Mr Bradley Beer CEO of BMT Tax Depreciation. Bradley is a regular keynote speaker and presenter covering property depreciation services on television, radio, at conferences and exhibitions Australia-wide. Having performed thousands of property valuations it's safe to say he knows a thing or two on tax depreciation. In this episode we delve into the intricacies of claiming property depreciation as a tax deduction and feature case studies from real HMO investors. Bradley walks us through, in detail, the depreciation of an established converted HMO Property and a New Build HMO and discusses the latest updates, tips, and strategies on maximising your tax benefits through property depreciation. Listeners can expect to learn about the different types of depreciation, such as capital works and plant and equipment, and how they can claim deductions for these on their tax returns. Bradley also explains how to use depreciation schedules to accurately calculate depreciation deductions. Whether you're a seasoned property investor or a first-time property owner, this episode is a must-listen for anyone looking to maximise their tax benefits through property depreciation. For more information, visit https://www.bmtqs.com.au/ For those that prefer to watch you can also catch us on YouTube. Want help with your investment strategy? Reach out to us for a free, no-obligation initial chat with our team and see how we can help you with your investment journey. Book Now Join the Perth HMO and NDIS High Cashflow Investment Properties Facebook Group. The HMO Property CoWebsite: www.thehmopropertyco.com Instagram: @the_hmo_property_co FaceBook: The HMO Property Co LinkedIn: The HMO Property Co YouTube: The HMO Property Co TikTok: thehmopropertyco_ Spotify: The HMO Property Show Apple Podcast: The HMO Property Show JNG Property Group - https://www.jngpropertygroup.com/ Disclaimer Nothing on this channel should be considered tax, financial, investment or any kind of advice. Everyone should do their own due diligence as only a professional diagnosis of your specific situation can determine which strategies are right for your situation. Our goal is to frequently feature edgy and actionable value, thought leadership and property/investment strategies.
Follow the All Ears English Podcast for more episodes with Lindsay and Michelle. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Have you ever seen a knock-off Louis Vuitton bag? If you had a real one, how would that make you feel? It would probably make you angry because an imitation cost at least 70% less than the real thing. That's what happens when we try to IMITATE the world, we depreciate our value in the Kingdom of God! Let's talk about it today! Are you struggling in your faith? Have you lost all hope? Well, you have come to the right place! Matchlite Pod in 8 is a podcast dedicated to helping believers come to a true knowledge of Jesus Christ. We pray for the salvation of all and are here weekly to encourage you. We seek to walk together with you as we manifest the Kingdom of Heaven here on earth. "But you are a chosen race, a royal priesthood, a holy nation, a people of God's own possession, so that you may proclaim the excellencies of Him who has called you out of darkness and into His marvelous light" (1 Peter 2:9). --- Support this podcast: https://anchor.fm/matchlitepodin8/support
On this episode of the podcast, Joshua and Emily talk about how to pay your taxes as a self-employed individual. By working for yourself, you are responsible for paying federal, state, social security, and medicare taxes - yikes! That's a lot of taxes. Joshua, our resident CPA, walks through how to make your quarterly estimated payments and different tax deductions that you should take advantage of. Additionally, Joshua shares some of the more...interesting deductions he has seen on some prior tax returns.
Episode 84: "Auto Analyst Karl Brauer on Cars that Depreciate the Least and Most Over 3 Years."In this episode, producer Phil Tower, along with hosts Al Schwinkendorf and John Puhek, welcome Karl Brauer, executive analyst for ISeeCars.com. Karl joins us to discuss which specific vehicles have the best and worst overall depreciation levels over a three-year period for the Grand Rapids and Kalamazoo markets.Given the substantial rise in car prices due to the microchip shortage, finding a vehiclethat retains its value can provide significant savings for consumers. The average newcar in Grand Rapids loses 17.9% of its value after three years, and 35.5% of its valueafter five years according to the latest iSeeCars study. However, in the Grand Rapidsmarket, some cars retain their value and depreciate far less than average, with a fewused models actually worth more than MSRP after three years.Which cars are the best and worst for holding their value for Grand Rapids drivers? Tofind out, the latest iSeeCars.com study analyzed more than three million used carsales to identify models with the lowest and highest loss in value after five years.Karl Brauer is with iSeeCars.com where he serves as their Executive Analyst.Karl has been working in the automotive industry for over 25 years, starting as the editorial assistant for Hot Rod magazine before launching Super Street magazine as one of its original staff writers in 1996. For 18 years he served as editor-in-chief at Edmunds.com, plus CEO at his own consumer automotive website, and Executive Publisher at Autotrader and Kelley Blue Book.Karl's website Karl On Cars: https://www.karlbrauer.comYou can see the full study on depreciation at:https://www.iseecars.com/cars-that-hold-their-value-studyLike us on Facebook:https://www.facebook.com/MichigansAutoTalkPodcastMichigan's AutoTalk podcast is available on Apple Podcasts, Spotify, iHeartRadio, Google Podcasts, Amazon Audio, Spreaker.com, Deezer, and Podcatcher.Thank you for listening. If you like our podcast please share it with a friend!
This one is long and is basically SWS territory. Sorry?
LM925 I Certainly Depreciate That
Real estate has always had tax advantages, but in recent years, the deal got even sweeter for multifamily investors. So, how do we write off depreciation? What is a cost segregation study and how can it save us even more? Heidi Henderson serves as Executive Vice President at Engineered Tax Services, the nation's leading tax credit and incentives firm. As an experienced tax consultant and real estate investor herself, Heidi specializes in the application of tax efficiencies to multifamily investments. On this episode of the podcast, Heidi joins cohost Garrett Lynch and me to share the unique tax advantages of real estate and explain why the US government incentivizes multifamily investors. Heidi describes how to take advantage of BONUS depreciation (provided for by the 2017 Tax Cuts and Jobs Act) by conducting a detailed cost segregation analysis. Listen in for Heidi's insight on determining the ROI of a cost seg study and find out how YOU can save tens of thousands of dollars with the magic of accelerated depreciation! Key Takeaways The unique tax advantages of real estate Depreciate value of real estate over 27½ years Bonus depreciation through ‘cost seg' analysis Why the government incentivizes real estate investors Consumerism drives economy Encourages improvements to infrastructure What depreciation is and how it works Deducting cost of asset over its ‘useful life' Reduces taxable income for investor Why you should claim bonus depreciation right away Must be done year property is purchased Inventory breakdown helps plan renovations How to take advantage of accelerated depreciation Conduct cost segregation study Itemize deductions (e.g.: carpet, windows, etc.) What to look for in a company that does cost seg Can vary from 2 to 150 pages Ask for copy of redacted study to compare How to determine your ROI on a cost seg analysis Based on taxable income, percentage of tax paid Subtract cost of analysis The limitations on taxable income for passive investors Depreciation offsets real estate income only Does not offset income from W-2 job Why we should cash in on bonus depreciation now TCJA passed 100% bonus depreciation Drops to 80% in 2023, 60% in 2024 Connect with Heidi Henderson Engineered Tax Services Heidi on LinkedIn Email hhenderson@engineeredtaxservices.com Call (801) 564-4464 Resources Get Tickets for Deal Maker Live Learn More About Michael's Mentoring Program Download Michael's Free Report—What's the Best Investment: The Stock Market or Real Estate? Join the Nighthawk Equity Investor Club Access Michael's Free Resources in the Freedom Vault Review the Podcast on iTunes Financial Freedom with Real Estate Investing by Michael Blank The Tax Cuts and Jobs Act Heidi Henderson on Financial Freedom with Real Estate Investing EP022 Michael on Facebook Michael on Instagram Michael on YouTube Michael on TikTok Apartment Investor Network Facebook Group Podcast Show Notes
This week, we have a pillar in the Jane Finch Community who continues to make an impact in the Arts and now Business side of things with the launch of ArtWorxTO. We welcome Nathan Baya to The Safe Room Podcast. Nathan is an individual who holds many titles and positions including artist, facilitator, community advocate, father, etc. But one thing that's for sure is Nathan's love and passion for his community and wanting to inspire upcoming artists to maximize their potential. This week we talk about the appreciation and issue of community spaces. As much as we struggle to establish community spaces due to barriers such as financial resources with grants, educational tools such as financial literacy, and the lack for motivation. It's important to acknowledge the spaces that reside today who are making a resounding impact and how to appreciate the work they have committed. This conversation is deep and comes from a retrospective of community voice but also the urgency to establish strategies such as implementing community grant programs and financial literacy in academic institutions. Listen to the official soundtrack to The Safe Room Podcast "First Lady" by yours truly. Available of all streaming platforms! Apple Music: https://music.apple.com/ca/album/first-lady-single/1584878267 Spotify: https://open.spotify.com/album/0kXHY4OwMqe77PmTQNNJql?si=bOUXsztEQFOS8H7r9E2uKg Youtube: https://www.youtube.com/watch?v=M4BQsPC2d9w Follow me on Instagram (@thesaferoompodcast) and Twitter (@thesaferoompod) Listen to the full podcast on these platforms: Spotify - https://open.spotify.com/show/7Iu0Xw8O4HnfPjJ0eR96xL?si=X1jKRq0WTN2789NooJt6KQ Apple Podcasts - https://podcasts.apple.com/ca/podcast/the-safe-room/id1527292317 Google Podcasts - https://podcasts.google.com/feed/aHR0cHM6Ly9hbmNob3IuZm0vcy8yZTRlZjg0NC9wb2RjYXN0L3Jzcw?sa=X&ved=0CBUQ27cFahcKEwjA7f6on_DvAhUAAAAAHQAAAAAQCQ Anchor - https://anchor.fm/shon-williams0 The Safe Room is a podcast for open and in-depth conversations towards those who want to share their perspectives willingly. Hosted by Shon Williams, The Safe Room is the perfect blend on social, cultural, and political issues related to our daily lives/communities, and stimulating/intriguing topics for the general listener.
This week is an all questions episode. We discuss if electric vehicles will depreciate quicker than gas powered cars; why newer transmissions have so many gears; what makes a good retirement vehicle; the difference between all-season and all-weather tires; and our choice for the best do-it-all vehicle under $35K. ----------------------------------- Have a question for our experts? Leave a comment on this episode, or reach out to us directly! From your iOS device, iMessage us at TalkingCars@icloud.com to send a photo, video, or text directly to the Talking Cars team! We love to feature our viewers on the show, so submit video questions at https://www.consumerreports.org/cars-talking-cars/ Subscribe to Talking Cars on Spotify: https://open.spotify.com/show/4Jr8wJRJyN9v8T6LC1fQQ6 SHOW NOTES ----------------------------------- 00:00 - Introduction 00:51 - Question #1: How is brand loyalty reflected in CR's owner satisfaction rating? 03:47 - Question #2: How will some low range EVs fare on the resale market in a few years? 07:19 - Question #3: Which used SUV is best suited for a young family? 11:14 - Question #4: What us the difference between all-season and all-weather tires? 14:40 - Question #5: Why some European cars are not sold in the USA? 18:03 - Question #6: Is the Alfa Romeo Giulia Ti a good retirement vehicle? 23:11 - Question #7: What is the advantage of newer transmissions having so many gears? 25:45 - Question #8: What is the ultimate do-it-all vehicle for under $35K? ---------------------------------- Automakers Are Adding Electric Vehicles to Their Lineups. Here's What's Coming https://www.consumerreports.org/hybrids-evs/why-electric-cars-may-soon-flood-the-us-market-a9006292675/ Lucid Dethrones Tesla as Electric Vehicle Range King https://www.consumerreports.org/hybrids-evs/lucid-dethrones-tesla-as-electric-vehicle-range-king-a6640734780/ 4K Review: 2017 Alfa Romeo Giulia Quick Drive https://www.youtube.com/watch?v=02_2JeLZEHY First Drive: 2021 Hyundai Santa Fe Gets New Styling and Updated Technology https://www.consumerreports.org/suvs/2021-hyundai-santa-fe-review-a9539318353/ CR Tire Ratings https://www.consumerreports.org/cro/tires.htm New & Used Car Buying Guide https://www.consumerreports.org/buying-a-car/car-buying-guide/ Guide to Car Safety https://www.consumerreports.org/cars-guide-to-car-safety/ How to Safely Work on Your Car at Home https://www.consumerreports.org/car-repair-maintenance/how-to-safely-work-on-your-car-at-home/ Coronavirus Resource Hub https://www.consumerreports.org/coronavirus/coronavirus-covid-19-updates/ ----------------------------------- Check out http://www.ConsumerReports.org for the latest reviews, tips, and recommendations and subscribe to our YouTube Channel: http://bit.ly/1Nlb1Ez Follow Us on Social: Facebook: http://on.fb.me/1IQ2w5q Twitter: http://bit.ly/1Yf5Fh2 Pinterest: http://bit.ly/1P37mM9 Instagram: http://bit.ly/1I49Bzo Google+: http://bit.ly/1Md3gfQ
This week is an all questions episode. We discuss if electric vehicles will depreciate quicker than gas powered cars; why newer transmissions have so many gears; what makes a good retirement vehicle; the difference between all-season and all-weather tires; and our choice for the best do-it-all vehicle under $35K. ----------------------------------- Have a question for our experts? Leave a comment on this episode, or reach out to us directly! From your iOS device, iMessage us at TalkingCars@icloud.com to send a photo, video, or text directly to the Talking Cars team! We love to feature our viewers on the show, so submit video questions at https://www.consumerreports.org/cars-talking-cars/ Subscribe to Talking Cars on Spotify: https://open.spotify.com/show/4Jr8wJRJyN9v8T6LC1fQQ6 SHOW NOTES ----------------------------------- 00:00 - Introduction 00:51 - Question #1: How is brand loyalty reflected in CR's owner satisfaction rating? 03:47 - Question #2: How will some low range EVs fare on the resale market in a few years? 07:19 - Question #3: Which used SUV is best suited for a young family? 11:14 - Question #4: What us the difference between all-season and all-weather tires? 14:40 - Question #5: Why some European cars are not sold in the USA? 18:03 - Question #6: Is the Alfa Romeo Giulia Ti a good retirement vehicle? 23:11 - Question #7: What is the advantage of newer transmissions having so many gears? 25:45 - Question #8: What is the ultimate do-it-all vehicle for under $35K? ---------------------------------- Automakers Are Adding Electric Vehicles to Their Lineups. Here's What's Coming https://www.consumerreports.org/hybrids-evs/why-electric-cars-may-soon-flood-the-us-market-a9006292675/ Lucid Dethrones Tesla as Electric Vehicle Range King https://www.consumerreports.org/hybrids-evs/lucid-dethrones-tesla-as-electric-vehicle-range-king-a6640734780/ 4K Review: 2017 Alfa Romeo Giulia Quick Drive https://www.youtube.com/watch?v=02_2JeLZEHY First Drive: 2021 Hyundai Santa Fe Gets New Styling and Updated Technology https://www.consumerreports.org/suvs/2021-hyundai-santa-fe-review-a9539318353/ CR Tire Ratings https://www.consumerreports.org/cro/tires.htm New & Used Car Buying Guide https://www.consumerreports.org/buying-a-car/car-buying-guide/ Guide to Car Safety https://www.consumerreports.org/cars-guide-to-car-safety/ How to Safely Work on Your Car at Home https://www.consumerreports.org/car-repair-maintenance/how-to-safely-work-on-your-car-at-home/ Coronavirus Resource Hub https://www.consumerreports.org/coronavirus/coronavirus-covid-19-updates/ ----------------------------------- Check out http://www.ConsumerReports.org for the latest reviews, tips, and recommendations and subscribe to our YouTube Channel: http://bit.ly/1Nlb1Ez Follow Us on Social: Facebook: http://on.fb.me/1IQ2w5q Twitter: http://bit.ly/1Yf5Fh2 Pinterest: http://bit.ly/1P37mM9 Instagram: http://bit.ly/1I49Bzo Google+: http://bit.ly/1Md3gfQ
This week is an all questions episode. We discuss if electric vehicles will depreciate quicker than gas powered cars; why newer transmissions have so many gears; what makes a good retirement vehicle; the difference between all-season and all-weather tires; and our choice for the best do-it-all vehicle under $35K. ----------------------------------- Have a question for our experts? Leave a comment on this episode, or reach out to us directly! From your iOS device, iMessage us at TalkingCars@icloud.com to send a photo, video, or text directly to the Talking Cars team! We love to feature our viewers on the show, so submit video questions at https://www.consumerreports.org/cars-talking-cars/ Subscribe to Talking Cars on Spotify: https://open.spotify.com/show/4Jr8wJRJyN9v8T6LC1fQQ6 SHOW NOTES ----------------------------------- 00:00 - Introduction 00:51 - Question #1: How is brand loyalty reflected in CR's owner satisfaction rating? 03:47 - Question #2: How will some low range EVs fare on the resale market in a few years? 07:19 - Question #3: Which used SUV is best suited for a young family? 11:14 - Question #4: What us the difference between all-season and all-weather tires? 14:40 - Question #5: Why some European cars are not sold in the USA? 18:03 - Question #6: Is the Alfa Romeo Giulia Ti a good retirement vehicle? 23:11 - Question #7: What is the advantage of newer transmissions having so many gears? 25:45 - Question #8: What is the ultimate do-it-all vehicle for under $35K? ---------------------------------- Automakers Are Adding Electric Vehicles to Their Lineups. Here's What's Coming https://www.consumerreports.org/hybrids-evs/why-electric-cars-may-soon-flood-the-us-market-a9006292675/ Lucid Dethrones Tesla as Electric Vehicle Range King https://www.consumerreports.org/hybrids-evs/lucid-dethrones-tesla-as-electric-vehicle-range-king-a6640734780/ 4K Review: 2017 Alfa Romeo Giulia Quick Drive https://www.youtube.com/watch?v=02_2JeLZEHY First Drive: 2021 Hyundai Santa Fe Gets New Styling and Updated Technology https://www.consumerreports.org/suvs/2021-hyundai-santa-fe-review-a9539318353/ CR Tire Ratings https://www.consumerreports.org/cro/tires.htm New & Used Car Buying Guide https://www.consumerreports.org/buying-a-car/car-buying-guide/ Guide to Car Safety https://www.consumerreports.org/cars-guide-to-car-safety/ How to Safely Work on Your Car at Home https://www.consumerreports.org/car-repair-maintenance/how-to-safely-work-on-your-car-at-home/ Coronavirus Resource Hub https://www.consumerreports.org/coronavirus/coronavirus-covid-19-updates/ ----------------------------------- Check out http://www.ConsumerReports.org for the latest reviews, tips, and recommendations and subscribe to our YouTube Channel: http://bit.ly/1Nlb1Ez Follow Us on Social: Facebook: http://on.fb.me/1IQ2w5q Twitter: http://bit.ly/1Yf5Fh2 Pinterest: http://bit.ly/1P37mM9 Instagram: http://bit.ly/1I49Bzo Google+: http://bit.ly/1Md3gfQ
Research is telling us that yellow cars fare better with age than other colors....and our Mattress Mack loves bets, but recently lost $2.4M on the Kentucky Derby
In episode #7 of Chills w TFC, we bring on the CEO and founder from Abiel Real Estate Fund, Maureen Li. She is a seasoned commercial and residential property investor with years of experience in Australia and Singapore property markets. Join me as I chill with Maureen and discuss how we should look at leasehold HDBs and Condos. Should you get HDB before you get Condo? Why do some people buy HDB even when they can afford Condos? What is the tenure you should consider buying and selling? Why is it that some leasehold properties don’t depreciate much even as they age? Tune in to find out! Leave Some Feedback: What should we talk about next? Please let us know in our Telegram. Did you enjoy this episode? If so, please leave a short review. Connect With Us: Instagram @thefinancialcoconut Facebook @thefinancialcoconut The Financial Coconut Community Telegram TFC stock geek-out Telegram Thefinancialcoconut.com
In this episode we speak about the misconceptions of dressing seductive & sexy in a relationship or not. --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app
If I have to choose between doing and getting, I am going to choose doing because things depreciate.
Why do countries depreciate their currencies over time? Prices are set by the final seller, but there are limits. The seller works out through economics, the maximum price they can change for the item. Dr. Richard Wolff joins Thom for a deep dive on the impact of economics.
I thought I follow-up this week with rental income tax tips for those of you that are landlords or considering becoming landlords. For tax purposes you need to be sure you document all your money coming in and going out of the rental property. That means giving receipts and keeping copies of the rent payments you collect. Keep in mind that generally you must report rental income on your tax return in the year you actually receive it. If you collect some advanced rent, such as someone paying two or three months’ rent upfront, you would again report this for taxes in the year you receive the payment, regardless of when that rent would’ve been due.Now security deposits are handled a bit differently. Like income when you receive a security deposit, you need to record it and provide a receipt. But if you plan to return the deposit to the tenant at the end of the lease, it is not income. So you do not report it on your tax return. If in the end you keep part or all of the security deposit because your tenant doesn’t live up to the terms of the lease, then you would report the amount you kept as income that year. If your tenant gives you property or services instead of money as rent, you need to include the fair market value of the property or services as rental income. Also, if the tenant pays any of your expenses than those payments are also rental income. In this case you record what the tenant paid as income, and then claim the expense on your taxes as well.Generally, the expense of renting your property out like maintenance, repairs, insurance, property taxes, interest if you have a mortgage on the property, advertising for new tenants can be deducted from your rental income which lowers the amount of income you have to pay income taxes on. One area that can be confusing especially to new landlords, is how to treat improvements to the property for tax purposes, as opposed to maintenance and repair. One way to look at whether something is a repair or not is ask yourself if what needs to be done makes the property livable, but doesn’t increase the value of the property. Good examples are repairing holes in the wall from nails, unclogging a drain, or fixing the leak in a roof.One way to know if something is an improvement rather than a repair is whether or not it improves the value of the property. If it does or it way extends the life of the property, then it is considered a long-term asset and deducted over years instead of all at once. Improvements can be things like replacing a roof, renovating the interior, or replacing a heat pump instead of fixing it. So for example having a repairman come out to fix a broken washing machine is repair. Buying a new washing machine is an improvement. The key difference for tax purposes as the entire cost of a repair can be deducted as an expense in the year you do it. The cost of improvements cannot be deducted as an expense all at once. You have to claim part of the expense each year over the life of the improvement. This is called depreciation. Different improvements are depreciated over different lengths of time which are set by the IRS. And there are extra forms to fill out with your taxes for each improvement. In addition to improvements, the price you paid for the rental property (not including the value of the land it sits on) is also depreciated. In this case for 27 ½ years. So each year you will claim depreciation for the rental property itself, as well as each of the improvements you make, each on its own timeline. This can be a bit complicated and this would be a good time to discuss it with the CPA. Or if you still want to do your own taxes, dive into IRS publication 527, Residential Rental Property. If you have any questions or comments, please drop me a line at katie@moneypilotadvisor.com
更多英文學習資源: https://www.zeczec.com/projects/bingobilingual · 全英文 podcast · 視訊家教 · 不定時線上課程 今天的大考單字,是來自多益的考試範圍,認識 appreciate 這個多變的單字! 以下用小星星熟悉的形式,分成 5 個重點來徹底掌握 appreciate 這個字 1 【appreciate 欣賞】- 動詞 欣賞、感謝、價值提高 怎麼聯想(抓住「欣賞」,從這裡出發) 欣賞 appreciate + 人事物 感謝 appreciate + 事物 ·appreciate the music ·Thanks for coming. I appreciate it. 價值提高:事物 + appreciate ·Your property has appreciated over the years. 2 【appreciative 欣賞而享受的】— 形容詞 欣賞而享受的;感激的 (聯想:感謝這位表演人員) 欣賞而享受的 · The audience was appreciative. 感激的 · be appreciative of 事物 3 【appreciation 欣賞】- 名詞 欣賞;感謝;價值提高 (整組從動詞帶過來) 4 【appreciable 可觀的】- 形容詞 成長幅度 / 變化很明顯 an appreciable increase an appreciable effect 5 【depreciate 輕視】- 動詞 輕視;價值降低 輕視 depreciate my contribution 價值降低:事物 depreciate ·shares depreciate 股票價值降低(股價下跌) 簡單複習 appreciate 的 5 個重點 1 appreciate 欣賞、感謝、價值提高 2 appreciative 欣賞而享受的 3 appreciation 是它的名詞 4 appreciable 可觀的 5 depreciate 價值降低、輕視 Powered by Firstory Hosting
Depreciate is a verb that means to lower in honor or value. Our word of the day comes from the Latin word pretium (PRAY tee um) which means ‘price.’ With the addition of the prefix D-E, we get a word that means to ‘lower’ the price of value. The word can be used to refer to the value of a number of things, for example: I don’t think it was a good idea to have a pet tiger in our living room. I’m afraid that the damage he’s done will cause our home to depreciate in value. After all, walls and floors that have been scratched and chewed up tend to be worth less on the market.
In this episode Ryan discusses how a home can appreciate in value and how as a home owner you can take action to make sure your home appreciates rather than depreciate in value and the other factors that could change a home's value.
Join the Real Estate Radio Hour as we discuss the current state of the market, and whether we think home values will appreciate or depreciate in 2020. Have questions for the show? Email our Producer, cortney@amplifyup.com.
In this episode Ryan shares with the audience to be careful where you are getting your information and why it is important to talk with local experts when it comes to statistics and information being shared about the real estate industry and your current market. He also shares facts, statistics, and information regarding the future of the market in Omaha and where he thinks the housing market is heading in 2020 and into 2021.
Ron Siegel discusses local and national current events, politics, personal and business finance with a few mortgage tips along the way. A Southern California mortgage expert and bonafide political junkie, Ron Siegel delivers intelligent, entertaining radio that makes the hard news of the week easy to understand! Ron Siegel is joined by Mary Walters and Samanta Rawley. Ron Siegel will discuss: Will Home Values Appreciate or Depreciate in 2020?; How to Improve Your Credit Score - 5 Quick; Your Credit Matters; Mortgage Minute; Word on Wealth; and so much more. Ron Siegel, consumer advocate and mortgage lender, discusses anything that affects the roof over your head, your bank account or other items that will benefit you / your family. Reach Ron Siegel at Ron Siegel: 800.306.1990Ron Siegel: Ron@RonSiegelRadio.comwww.RonSiegelRadio.comwww.SiegelLendingTeam.com your Newport Beach Mortgage LenderMonthly Home Equity Monitor: www.SLTHomeDigest.com Ron Siegel, Your Irvine Mortgage Lender offers: Conventional Loans, FHA Loans, USDA Loans, Refinancing, and Reverse Mortgages #RonSiegelRadio #Mortgage #Housing #Realtor #RealEstate
Have you ever heard of cost segregation? Well neither had we until Ian Horowitz (co-host on this Real Estate Reserve Podcast) told me about it earlier this week. Don't quote us on this but he explained it to me like this... We came across a tax strategy called, cost segregation. This simple strategy can help reduce your tax basis on your rental properties and even retail businesses! Cost segregation allows you to advance depreciation on parts of your assets that ultimately reduce your overall taxable income. We were interested and decided to invite Jerry Lotz of CSSI onto our live podcast today. His firm specializes in the cost segregation strategy. We will be doing a case study on how it works along with discussing the recent tax benefit that was passed in the Cares Act! We already told him that we never pitch or sell anything to our podcast s so he knows its strictly for sharing a new concepts and ideas that you can utilize in your real estate portfolio. We don't personally have any experience with this concept yet so will be learning as we go through it. Tune in now to learn about Cost Segregation
Now whether to depreciate your rental property or not and how much depends on your personal situation. Consult your accountant for more information as your accountant knows better about your financial situation. When you have to depreciate your building, consider this: Rental property owners use depreciation to deduct the costs of buying and improving a property. Depreciation starts as soon as the property is placed in service or available to use as a rental. Only the value of the building can be depreciated; you can't depreciate land because it will never be "used up." To deduct rental expenses from any rental income you earn, thereby lowering your tax liability. To learn more about this topic, Watch my Facebook Live Video here. Now during this unprecedented time, we know that there would be many more opportunities in the market to buy rental properties. Some people are already started looking and working to close the deal. I know one of my student signed a deal via a zoom meeting. There are ways you can still buy properties. All you need is your commitment to work for it, to achieve your financial goal for this year. If you're still feel like stuck, reach out to me at edna@ednakeep.com OR Schedule a FREE Strategy Call with me. Edna
Appreciate or Depreciate in Vayishlach by Rabbi Daniel Kalish
What kind of returns can a passive multifamily real estate investor expect? What if you could double your money in just five or six years? And pay little or nothing in the way of taxes? Jan Larson spent 25 years in the high-stress world of semiconductor development, most recently working for Amazon. He had always been interested in real estate investing but did not want to deal with 3AM phone calls about clogged toilets. Five years ago, a colleague introduced him to a passive investing opportunity, and Jan was hooked. Today, he has invested in 28 multifamily deals involving 34 properties, and in January, Jan had enough passive income to quit his job. On this episode, Jan joins me to discuss how his life has changed since he quit his job through passive investing in multifamily. He explains how living through the stock market meltdowns in 2000 and 2008 inspired him to diversify with apartment buildings, describing what he loves most about multifamily and sharing the returns passive investors can expect. Listen in for Jan’s advice on how to get started with passive investing and learn how he evaluates deals based on the sponsor and the submarket! Key Takeaways How Jan’s life has changed since he quit his job High-pressure work in tech industry Much less stress now How Jan got started with passive investing Introduced to multifamily by colleague Steady deal flow snowball from there Why Jan chose real estate over the stock market Lived through meltdown of 2000 + 2008 Diversify to reduce exposure to market What Jan loves about passive investing in multifamily Not binary ‘Set it and forget it’ What allowed Jan to invest in 28 deals in 5 years Liquidated stock investments and Roth IRA Rolled proceeds of sales into other deals How refinancing a property benefits passive investors % of investment returned (redeploy in new deal) Cash-on-cash return of remaining = 25-30%/year The returns a passive investor can reasonably expect 8-10% cash-on-cash returns Double money in 5 or 6 years Jan’s insight around the tax benefits of multifamily Depreciate faster with cost segregation Haven’t paid any taxes on CoC returns What Jan looks for in a multifamily deal Trustworthy sponsor with track record Submarket in particular + overall market Jan’s advice for aspiring passive investors Find Meetups to meet sponsors Vet by talking to other investors Jan’s top takeaway for potential passive investors Multifamily investing gives options Connect with Jan Email jan.a.larson@gmail.com Resources What’s the Best Investment: The Stock Market or Real Estate? Nighthawk Equity Podcast Show Notes Review the Podcast on iTunes Michael’s Website Michael on Facebook Michael on Instagram Michael on YouTube Apartment Investor Network Facebook Group Financial Freedom with Real Estate Investing: The Blueprint to Quitting Your Job with Real Estate—Even Without Experience or Cash by Michael Blank
In episode 163 of Financially Simple, Justin goes over the two methods of claiming tax breaks on your vehicles. Should you depreciate the value of your vehicle, or take a mileage deduction? Which is best? Justin looks at both options and explains how each is applied, as well as the pros and cons of each, and a few exceptions to the rule. Don't forget to subscribe, and let us know how we are doing by leaving a review. Thanks for listening! TRANSCRIPT/BLOG: BLOG: Standard Mileage vs. Actual Expenses - Which is Better? TIME INDEX: 00:58 - Should a Business Owner Depreciate Their Car or Take a Mileage Deduction? 01:21 - Standard Mileage Rate vs. Actual Expense Method 03:04 - Standard Mileage Rate 04:12 - 5 Things That You Can't Do 05:01 - Actual Expense Method 06:03 - Can You Switch Between These Methods? 06:49 - Which is Best For You 08:15 - Guidelines to Choose The Method For Writing Off Business Expenses 11:35 - One Caveat 11:58 - Sign Off USEFUL LINKS: Financially Simple Financially Simple on YouTube Financially Simple on Facebook Financially Simple on Twitter Financially Simple: The Ultimate Sale - Get the Book Here! 2022 Federal IRS Mileage Rates _____________ BIO: Justin A. Goodbread, CFP®, CEPA, CVGA, is a nationally recognized financial planner, business educator, wealth manager, author, speaker, and entrepreneur. He has 20+ years of experience teaching small business owners how to start, buy, grow, and sell businesses. He is a multi-year recipient of the Investopedia Top 100 Advisor and 2018 Exit Planning Institute's Exit Planner Leader of the Year.DISCLOSURES:This podcast is distributed for informational purposes only. Statements made in the podcast are not to be construed as personalized investment or financial planning advice, may not be suitable for everyone, and should not be considered a solicitation to engage in any particular investment or planning strategy. Listeners should conduct their own review and exercise judgment or consult with their own professional financial advisor to see how the information contained in this podcast may apply to their own individual circumstances. All investing involves the risk of loss, including the possible loss of principal. Past performance does not guarantee future results and nothing in this podcast should be construed as a guarantee of any specific outcome or profit. All market indices discussed are unmanaged, do not incur management fees, costs and expenses, and cannot be invested into directly. Investment advisory services offered by WealthSource Partners, LLC. Neither WealthSource Partners, LLC nor its representatives provide legal or accounting advice. The content of this podcast represents the views and opinions of Justin Goodbread and/or the podcast's guests and do not necessarily represent the views and/or opinions of WealthSource Partners, LLC. Statements made in this podcast are subject to change without notice. Neither WealthSource Partners, LLC nor its representatives, the podcast's hosts, or its guests have an obligation to provide revised statements in the event of changed circumstances. Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the CFP® certification mark, the CERTIFIED FINANCIAL PLANNER™ certification mark, and the CFP® certification mark (with plaque design) logo in the United States, which it authorizes the use of by individuals who successfully complete CFP Board's initial and ongoing certification requirements. Advisors who wished to be ranked in Investopedia's Top 100 Financial Advisors list either self-submitted answers to questions compiled by Investopedia or were nominated by peers. Rankings were determined based on the number of followers and engagement on social media, primary contribution to professional industry websites, and their focus on financial literacy. Neither performance nor client experience, however, were considered. No compensation was paid by WealthSource Partners, LLC or Justin Goodbread to secure placement on Investopedia's Top 100 Financial Advisors List. The Exit Planning Institute's Leader of the Year is awarded to a nominee who is a CEPA credential holder who has made a significant impact or contribution to the exit planning profession or overall community through innovation and influence and is viewed by the Exit Planning Institute as a thought leader, risk-taker and specialist while showing characteristics of collaboration. This podcast might recommend products or services that offer Financially Simple compensation when you use them. This compensation is used to help offset the cost of creating the content. We will, however, never suggest products/services solely for the compensation we receive.
MONEY FM 89.3 - Prime Time with Howie Lim, Bernard Lim & Finance Presenter JP Ong
HDB flats may better withstand depreciation effects over private property, according to a study by the National University of Singapore. The study’s co-author Prof Sumit Agarwal from the NUS Business School shares his insights on why this is so and what this means for homeowners.
Olivier von Argent crossed her arms and frowned, looking down at the thing that had once been her, sprawled among broken jars and scattered sundries."Oh, this won't do at all," she said. "There's still so much left to do.""THERE IS ALWAYS MORE TO DO," said a voice from the shadows beside her. "SOMEONE ELSE WILL DO IT NOW."Olivier turned to the figure beside her and sighed. Already the tension of the day was leaving her, a spring uncoiling after a lifetime of tautness. But still:"What if they do it wrong, without me there to guide them?""THAT WILL BE THEIR CONCERN, NOT YOURS. YOU HAVE WORKED HARD. YOU HAVE EARNED REST."Olivier worried at her lip, glancing down at her body even as she drifted towards the figure."There will still be parties where we're going, won't there? I'm a very good event planner, you know. I would hate for my talents to... Depreciate."The figure tilted its head at her. Beneath the voluminous shadows of its hood, Olivier thought she saw the barest glimpse of a smile; but then, of course, she supposed skulls were always smiling. The figure held out its hand, and Olivier took it."MY LADY ADORES A GOOD PARTY."This week on Roll Dice and Cry: Do I want to involve anybody else?Cast:Zachary Fredrickson (@obfuscatinggod)Mari Costa (@marinscos)Emily Riesbeck (@thebluevalkyrie)Chander (@chanderclear)Amy Sloan (@effsie) See acast.com/privacy for privacy and opt-out information.
I received comments from a friend recently who told me - Stop saying things in your podcast like - maybe you don’t agree, maybe don’t like this, don’t laugh, don’t say or act in a way that may discount all the positive things you do. You already sound humble, relatable and you don’t come across cocky or condescending. After all, If they don’t like your message and don’t agree, they would not be listening. When using self-deprecating talk be sure you are not minimizing your strengths. It is ok to connect through your human side, but don’t minimize your talents and abilities. You don’t need to make yourself small to encourage others to enlarge.
Can a home depreciate in value? What is a good question to ask a property manager when interviewing a property manager? With the podcast 1-year anniversary two weeks away, what has been your favorite episode?
Welcome to Money Tips Daily this is Money Kelly bringing you money tips to help you save and make more money! As the weekend kicks in, you may be planning to go shopping for an expensive item or something for the house. The Money Tips Daily tip for today is: Never borrow on loans or expensive credit cards for consumer goods or things that decrease in value. I’m not saying don’t use a credit card, which gives you additional consumer protection in the event of a problem or the company going out of business before you receive ordered goods. Consumers who ordered beds on their credit cards from Warren Evans, which went bust in the last week, should receive a refund from the card company, whilst those who paid with a debit card or in cash have little chance of seeing their money again. Using a credit card is fine provided you pay off the balance before interest is charged. If not, the effects of high interest rates on credit cards and personal loans will hold you back financially for years
Real Estate Investing Classroom (Audio): Experts Teach Real Estate Investing Tips and Strategies
Blake Yarborough explains some mistakes people are making when filing their taxes. One major mistake made is utilizing expenses instead of capitalization. Do you want to be a real estate investor but need step-by-step guidance to help get you started? The Investor Machine is a 90-day program with training, weekly tasks, bi-weekly group calls, and more! Schedule a free call to discuss your goals today!
Real Estate Investing Classroom (Video): Experts Teach Real Estate Investing Tips and Strategies
Blake Yarborough explains some mistakes people are making when filing their taxes. One major mistake made is utilizing expenses instead of capitalization. Do you want to be a real estate investor but need step-by-step guidance to help get you started? The Investor Machine is a 90-day program with training, weekly tasks, bi-weekly group calls, and more! Schedule a free call to discuss your goals today!
Contractor Success Map with Randal DeHart | Contractor Bookkeeping And Accounting Services
This Podcast Is Episode Number 0216 And It Will Be About Unique High-Profit Contractors Count All Their Income The Ripple Effect Of Not Counting All Your Income Happens When You Go To The Bank For A Loan You need to be able to show the bank that you have enough sales to pay back the loan. For most contractors, an excessive amount of profit is NOT an issue. There are always more than enough expenses that happen naturally in your Construction Company. And there are always tools that need to be purchased, repaired or replaced. As 2017 tax season is finishing, I have heard from owners and employees who say. This Income or That Income doesn’t count. The fact is it all Counts. The underground economy may be there but don’t count on the information being a secret. Between Memberships, rewards cards and using a credit card purchases are being tracked everywhere by somebody. (Some contractors think buying a truck for cash is not traceable). Play it straight, report all of your construction company income and if your QuickBooks setup is done right and the bookkeeping entries are clean more often than not you may get a big fat tax refund! Merchant Service providers are required to issue 1099’s This means every time you use a debit or credit card the amount, date, place of purchase is recorded and the grand total for the year is reported to the IRS. Web-based services (E-Bay) are required to issue 1099’s is earning are over a certain amount. Casino’s issue 1099’s is winnings are over a certain amount. Construction Company Owner’s issue 1099’s and finally there is a Nanny Tax on household help. Tax Reporting Is Everywhere You Win When You “Play Within The Rules” This Means Don't Cheat Your Own Future, Count All Of Your Income Keep track of all your expenses. Have a good bookkeeping system to calculate the difference between Profit And Loss. Invest is good tools and equipment. Depreciate the high-value items like cars, trucks, vans, tools, equipment and expensive software. We have found that a Professional Version of Construction Accounting software like QuickBooks and Professional cloud-based services have additional value to be worth more than the “Cheap Price” of something less. This does not mean that all expensive software and apps are the Perfect choices based on a High Price – if it is useful, then it may be the “Better Value.” A tiny pickup truck based on price is cheap. But if you need an 8’ bed and are hauling lots of “Heavy Things” than it is cheap but not the best value as a ¾ Ton or 1-Ton Truck would be. Contractors at all stages of their Construction Company have to be price and value conscience. It may be a shock to some, but cash flow issues happen to everyone at some stage in their Construction Company. All it takes is for a few customers with “large invoices” outstanding to delay payments for a long time, and you are experiencing a “Cash Crunch.” Unsigned or forgotten Change Orders can also be a problem. Forget the customer who promises “If you give them a good price on this project – they have several more jobs waiting for you.” (so that you can lose even more money).Click Here to download our FREE Change Order Form on PDF. The challenge for all contractors is How Much to charge for their product and services to make a profit. Picking a Price Point that is fair to both parties. The goal is to always Provide Good Quality Work. Frustration comes when the person they are working for wants to “Nik Them A Little,” then “A Little More” and still expect that The Contractor to be a willing rush to their project, eager to put in another day and do even more “Extras For Free” - Answer is Usually Not! Give Good Value Many new contractors provide “Handyman Services” a low cost to get the additional experience and to show they have clients. Helping The Grandmother down the street and all her friends. This is different from working for a Builder / Developer and discovering they built the house for practically “free.” If you are required to Collect Sales Tax – be sure to have it spelled out in the contract as Plus Sales Tax after the subtotal. Almost everywhere in Washington State sales tax is 10%. Just missing a little thing like charging the Sales Tax (repeatedly) could be the difference between a profitable year or having a loss. Think about the benefits of Flat Rate, Bid Jobs and Time and Material Billing. I know of contractors who refuse to Mark Up Material and do not charge labor to go get the material. If The Contractor’s Labor Rate is high enough this might not be a problem. Many times, when the customer does not want to pay a markup – they also are also looking for ways to complain about the price of material and try to deduct some hours from the invoice. After all – how cool is FREE? A couple of years ago, I had a Homeowner come to my office The Homeowner was very up front that she was trying to figure out a way to not pay the contractor the final invoice. The Homeowner was certain that there must be a way to find a massive discount and avoid paying the final bill. Because we do Construction Accounting, the Homeowner wanted my help to review all the invoices to find anything that would allow deductions. She was very unhappy the work passed inspections, and the Permits were all written off. Contractors need to write clear estimates, contracts, be sure to send Notice To Owners to protect their Lien Rights. We like Zlien The Mechanics Lien & Construction Payment Platform for contractors because: They know when document are due for projects They research documents and sends notices on time They receive, manage, and sends your lien waivers They produce legally compliant forms every time Click Here To Learn About Zlien The Mechanics Lien & Construction Payment Platform for contractors Keep your invoices simple, collect the money. Take Credit Cards from the mainstream processor. Discount for cash if it makes sense. Get Paid - Move On. Count All The Money as Income. A customer’s tip is $20.00 – Even that is Other income on an invoice. It’s the habit. And Good Habit’s will be better for you in the long run. Our parents and grandparents had many “Old Fashioned Saying.” When you think about it – Their sayings usually made sense without being offensive or overbearing while saying them. My Father’s favorite saying was “Tend To Your Knitting” meaning “Keep Focused – Don’t Get Distracted.” My Brother’s is “Don’t Stop” he lives in the country, and they tend to move “Big Things” down a narrow road. For a Contractor in the city, it would mean “If it’s working – keep doing it” (Think Marketing) It annoyed our children when Randal and I would speak in shorthand referencing a movie or a book. Now that they are older – they “Get The Humor” and “The Lesson.” For most of us, our parents and grandparents got smarter the older we got. They let us spread our wings and tried new things. Being a Contractor is like that. Having an idea, a dream and willing to “Go For It” (with the support of others) There is no book with the perfect answers to all the “What If” and “What About Questions” What makes a good client for one contractor is not necessarily a good client for another. The same is for employees. Not all people are a “Good Fit.” for your construction contracting company. Every Contractor will need and want a new(er) truck at some point. Bankers like to see Good, Clean Financial Statements. You may know all of your numbers in your head. It is hard to tell a Banker you make a lot of money and can support the loan if all your statement shows are $10,000 in sales for the year. Written on a piece of notebook paper it is not as believable as coming from QuickBooks, and your sales are much higher, and your net income is $10,000.00. The banker can look at “Why” and see if the numbers can be moved around to make sense. The Banker may need to Explain Your Numbers To A Loan Committee who does not know you. Many Bankers really do want to “Say Yes” and give you the loan. We Can Help “A Little” or “A Lot” Depending on your needs. We work with QuickBooks Desktop Version for Setup, QuickBooks Cleanup, and Provide Ongoing Contractor Bookkeeping Services, and Contractor Consulting Services. Looking forward to chatting about your specific needs. PS: After we setup QuickBooks for your specific construction company you have a range of options: Do-It-Yourself Bookkeeping Utilize our Outsourced Accounting Services. Keep your QuickBooks file on the Server and do your own bookkeeping (our QuickBooks setup is not required) Buy QuickBooks Chart of Accounts and/or QuickBooks Setup Templates for the “Do-It-Yourself” Contractor at the FastEasyAccountingStore.com Wishing you the Best Enjoy your day. Sharie About The Author: Sharie DeHart, QPA is the co-founder of Business Consulting And Accounting in Lynnwood Washington. She is the leading expert in managing outsourced construction bookkeeping and accounting services companies and cash management accounting for small construction companies across the USA. She encourages Contractors and Construction Company Owners to stay current on their tax obligations and offers insights on how to manage the remaining cash flow to operate and grow their construction company sales and profits so they can put more money in the bank. http://www.fasteasyaccounting.com/sharie-dehart/ 206-361-3950 or sharie@fasteasyaccounting.com I trust this podcast helps you understand that outsourcing your contractor's bookkeeping services to us is about more than just “doing the bookkeeping”; it is about taking a holistic approach to your entire construction company and helping support you as a contractor and as a person. We Remove Contractor's Unique Paperwork Frustrations We understand the good, bad and the ugly about owning and operating construction companies because we have had several of them and we sincerely care about you and your construction company! That is all I have for now, and if you have listened to this far please do me the honor of commenting and rating podcast www.FastEasyAccounting.com/podcast Tell me what you liked, did not like, tell it as you see it because your feedback is crucial and I thank you in advance. You Deserve To Be Wealthy Because You Bring Value To Other People's Lives! I trust this will be of value to you and your feedback is always welcome at www.FastEasyAccounting.com/podcast One more example of how Fast Easy Accounting is helping construction company owners across the USA including Alaska and Hawaii put more money in the bank to operate and grow your construction company. Construction accounting is not rocket science; it is a lot harder than that, and a lot more valuable to construction contractors like you so stop missing out and call Sharie 206-361-3950 or email sharie@fasteasyaccounting.com Contractor Bookkeeping Done For You! Thinking About Outsourcing Your Contractors Bookkeeping Services? Click On The Link Below: www.FastEasyAccounting.com/hs This guide will help you learn what to look for in outsourced construction accounting. Need Help Now? Call Sharie 206-361-3950 sharie@fasteasyaccounting.com Thank you very much, and I hope you understand we do care about you and all contractors regardless of whether or not you ever hire our services. Bye for now until our next episode here on the Contractors Success MAP Podcast. Warm Regards, Randal DeHart | The Contractors Accountant Our Workflow Removes Your Paperwork Frustrations For Contractors Who Prefer To Do Your Bookkeeping Fast Easy Accounting Do-It-Yourself Construction Accounting Store Is Open Most Contractors Setup QuickBooks Desktop Version In One Of Three Ways: #1 EZ Step Interview inside QuickBooks Setup #2 Asked Their Tax Accountant To Setup QuickBooks #3 They Attended A How To Setup QuickBooks Class Or Seminar And QuickBooks Does Not Work The Way They Want It Too! The Answer: #1 Click Here To Buy An Entire QuickBooks Setup For Your Specific Contracting Company #2 Click Here To Buy Just The Chart Of Accounts For Your Specific Contracting Company Short List Construction Contractors We Serve Brand New Construction Company Handyman Company Cabinet Installer HVAC Contractor Carpentry Contractor Insulation Contractor Carpet And Tile Contractor Interior Designer Commercial Tenant Improvement Contractor Land Development Company Concrete Contractor Landscape Contractor Construction Company Masonry Contractor Construction Manager Mold Remediation Company Contracting Company Moss Removal Company Contractor Painting Contractor Custom Deck Builder Plumbing Contractor Custom Home Builder Pressure Washing Company Demolition Contractor Remodel Construction Company Drywall Contractor Renovation Contractor Electrical Contractor Restoration Contractor Emerging Contractor Roofing Contractor Excavation Contractor Spec Home Builder Finish Millwork Contractor Specialty Contractor Flipper House Contractor Subcontractor Flooring Contractor Trade Contractor Framing Contractor Underground Contractor General Contractor Utility Contractor Glass Installation Contractor Construction Employees Gutter Installation Company Construction Support Specialist Additional QuickBooks Templates, Resources, And Services QuickBooks Set Up Templates Solopreneur QuickBooks Chart Of Accounts Free Stuff QuickBooks Item Lists Templates Consulting We Serve Over 100 Types Of Contractors So If Your Type Of Company Is Not Listed Please Do Not Be Concerned Because If You Are A Contractor There Is A Good Chance We Can Help You! Call Now: 206-361-3950 If you are a blogger, who writes about construction we would like to hear from you. https://www.fasteasyaccounting.com/guestblogger Contractors_Success_MAP, Contractors_Success_Marketing_Accounting_Production, Contractor_Bookkeeping_Services, QuickBooks_For_Contractors, QuickBooks_For_Contractors,Contractors_Success_Map__Unique_High-Profit_Contractors_Count_All_Their_Income
- Fords Depreciate the Least - Daimler Sacrifices Profit for R and D - Mercedes Too Rich for Infiniti’s Taste - F1 Drivers Reject Halo Device - Sales By Segments - Data Rich Chevrolets - Getting the Styling Right
- Fords Depreciate the Least- Daimler Sacrifices Profit for R and D- Mercedes Too Rich for Infiniti’s Taste- F1 Drivers Reject Halo Device- Sales By Segments- Data Rich Chevrolets- Getting the Styling Right
A new MP3 sermon from Still Waters Revival Books is now available on SermonAudio with the following details: Title: Self-Humbling and Self-Searching: The Best Christians Depreciate Themselves the Most Subtitle: 1 Spurgeon Sermons from SWRB Speaker: C. H. Spurgeon Broadcaster: Still Waters Revival Books Event: Audio Book Date: 10/4/2016 Bible: Song of Solomon 1:6; Psalm 139:23 Length: 44 min.
When it comes to depreciation, there are certain things can and can’t claim. Knowing what these are is important to maximise your tax deductions. So what can you depreciate on an investment property? For example, if your building is past a certain age, then you can’t claim any depreciation on the construction costs of that […] The post What Can You Depreciate On An Investment Property? (Ep141) appeared first on On Property.
Words: Year, Painless, Depreciate Title: iSellCars Special Guest: John Vignocchi, Development Director at Disney Interactive Studios As a used car salesman in a new town, it’s time to build your clientele! Appeal to your community through a unique system of dialogue, test drives, new clothes, additions to your dealership, a personal rally track, and more! Tread carefully though; natural disasters, mismanaged clients, broken down vehicles, and client relationships will test your memory, reaction time and persuasiveness!