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  • 545PODCASTS
  • 1,222EPISODES
  • 46mAVG DURATION
  • 5WEEKLY NEW EPISODES
  • May 20, 2022LATEST
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Kay Properties Podcast
Kay Properties Matt McFarland and Orrin Barrow On the Risks of Investing in DSTs

Kay Properties Podcast

Play Episode Listen Later May 20, 2022 25:45


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 150 years of real estate experience, are licensed in all 50 states, and have participated in over 30 Billion of DST 1031 investments   In this week's episode, Vice President Matt McFarland and Vice President Orrin Barrow talk about the risks when investing in real estate, specifically in DSTs. This is an important topic prior to making any investments and today they share how DST investors mitigate risks when they're getting ready to invest in a property.   Key Takeaways: [1:00] Risks and disclosures. [3:50] About Kay Properties & Investments. [4:30] Matt introduces Orrin and today's topic. [5:40] How are clients educated about the DSTs risks? [6:30] With any investment, there are inherent risks. [7:50] DSTs include fees so having confidence in the sponsor company's business plan and competency to overcome those fees is important. [9:10] In addition to introductory conversations, Matt shares that they have a lot of resources available for educational purposes and actual private place memorandums. [10:35] How do they identify risks and mitigate them through the DST structure? [11:25] Some of the risks in real estate are foreclosures. Orrin shares some of the scenarios where this can happen. [13:00] Orrin talks about different diversifications of an investor's proceeds and how this can help mitigate risks. [14:10] Orrin also advises that if you don't need to take on debt in your exchange, then you can opt for debt-free properties to alleviate risks. [14:55] He also shares what they do at Kay Properties on top to alleviate as much risk for the investor. [15:50] Matt also adds further about concentration risk and why they try to avoid that in Kay Properties. [17:55] He also mentions about certain asset classes that they won't touch in Kay Properties and explains why they view it to have higher risk. [19:00] Matt also talks about competition risk and how their due diligence team vet their properties to identify this risk. [20:20] In this very compressed market we have these days, Matt stresses the importance of these risks to be aware of and mitigate. [22:25] Orrin also shares his sweet spot to start digging into the offer before your intended closing in today's market. [23:35] Active vs passive investor. Orrin shares how DST is not for everybody.       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 FNEX Capital member FINRA, SIPC. 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.

Diet Starts Tomorrow
Please Stop Making Comments About My Body, Aunt Vicky Ft. Nicole Pellegrino

Diet Starts Tomorrow

Play Episode Listen Later May 19, 2022 47:23


Nicole Pellegrino is back for another DST Thursday! Nicole and Aleen start by catching up and sharing their DST Wins of the week. Aleen's is about being nine months postpartum and learning how to ignore baby weight comments/expectations and Nicole's is about surviving her first week as a puppy mom (ICYMI, Nicole got the cutest pup). Then they read a listener DSTW from a bride-to-be, who successfully handled family members' unsolicited comments about her weight. Next they listen to a voicemail, all about hating your bridesmaids dress and how to let the bride know you're uncomfy—we've all been there. Aleen and Nicole are here to help and share how they'd approach this situation, plus get into regrets from their own weddings. Don't forget to call into the DST hotline with all of your questions, stories and DST wins - 212-287-5650‬.

Kay Properties Podcast
Kay Properties Matt McFarland and Jason Salmon on the Flexibility of DSTs

Kay Properties Podcast

Play Episode Listen Later May 18, 2022 31:32


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 150 years of real estate experience, are licensed in all 50 states, and have participated in over 30 Billion of DST 1031 investments   In this week's episode, Vice President Matt McFarland and Senior Vice President Jason Salmon talk about the flexible nature of the DST with its rules and guidelines and how that flexibility works with diversifying portfolios for more passive investments gains.   Key Takeaways: [1:00] Risks and disclosures. [4:15] About Kay Properties & Investments. [4:55] Matt introduces Jason and today's topic. [7:15] How do DSTs play into the 1031 exchange when it comes to identification based on the rules of the exchange? How is it different from a traditional purchase? [9:10] There are three rules of identification: the three-property rule, the two hundred percent rule and the ninety five percent rule. Jason explains each of them. [10:05] Through 1031, your proceeds must go through a qualified intermediary. Jason explains how the flexibility of DSTs can be useful here. [12:00] Matt adds that since DSTs are pre-packaged investment properties, it can alleviate a lot of closing risks that can come with a 1031 exchange. He explains how. [16:05] DST offers to diversify in a lot of ways but because of that, it is a matter of collaboration to know the best investment for each and everyone. [16:20] Matt gives three examples of how an individual can utilize a DST for their 1031 exchange. First is by using it as a primary exchange option. [18:05] The second example is about covering an exchange. [19:00] Number three is using it as a back-up ID. [24:15] When it comes to diversifying a portfolio, how do investors take advantage of the DSTs flexibility? [25:05] What does diversification mean? Jason shares what it implies. [26:34] With the DST structure, you are building your own diversified portfolio. Jason explains how they can help investors with that. [27:30] Diversification can span in many different aspects. Matt summarizes what these aspects are.   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 FNEX Capital member FINRA, SIPC. 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.

Kay Properties Podcast
Kay Properties Matt McFarland and Alex Madden on the Advantages and Disadvantages of Debt

Kay Properties Podcast

Play Episode Listen Later May 16, 2022 27:46


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 150 years of real estate experience, are licensed in all 50 states, and have participated in over 30 Billion of DST 1031 investments   In this week's episode, Vice President Matt McFarland and Vice President Alex Madden dive into the importance of debt, how it works, and what are their advantages and potential risks in a 1031 exchange. Debt can be used as a powerful tool, but it is not without its risks.   Key Takeaways: [0:45] Risks and disclosures. [3:25] About Kay Properties & Investments. [4:10] Matt introduces Alex and today's topic. [5:00] How does debt work from a 1031 exchange? What are their advantages and potential risks? [6:25] Why is debt important in a 1031 exchange? Alex explains and describes the process of replacing debt. [7:15] When you sell a property and you intend to do a 1031 exchange, the regulations state you must purchase equal or greater value from what you sold. Alex shares some examples. [9:15] How does debt replacement work when it comes to investing in a DST? [10:10] DST investors do not need to provide financial information. Alex explains how they are not personally liable for their non-recourse loans. [12:45] Matt adds that the DST is going to be acquired by the DST sponsor company prior to it being offered.  [14:40] What are some of the advantages and disadvantages when it comes to taking on debt in a DST? Alex shares what things investors should be aware of.  [15:50] Some investors like to have debt to be potentially more streamlined from a tax perspective. [17:45] Debt comes with risk and DSTs are no exemption. Alex shares what risks could look like in the DST structure. [19:55] Taking on more debt is not always the right decision especially when you're moving into retirement. Alex explains further why. [21:50] Debt is not bad but it's important to understand the risk that is involved. [23:45] Matt also adds another advantage with DST which is flexibility. He shares further why so.   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 FNEX Capital member FINRA, SIPC. 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.

Kay Properties Podcast
Kay Properties Matt McFarland and Steve Haskell on Triple Net Lease Properties vs DSTs Part 1

Kay Properties Podcast

Play Episode Listen Later May 11, 2022 27:07


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 150 years of real estate experience, are licensed in all 50 states, and have participated in over 30 Billion of DST 1031 investments   In this week's episode, Vice President Matt McFarland and Vice President Steve Haskell circle back on the topic of the difference between triple net lease properties and DSTs. They discuss which option would be relevant for new prospective clients and investors looking to generate passive income.   Key Takeaways: [0:55] Risks and disclosures. [4:10] About Kay Properties & Investments. [4:55] Matt introduces Steve and today's topic. [6:35] Triple Net Lease Properties vs DST. Which is the passive option? [7:25] Triple net is an asset whether it's a DST or not. Steve shares what are the different options based on different types of investors. [8:20] What is a triple net lease property? Matt explains. [9:10] DST is a type of entity that is used to hold titles to a piece(s) of real estate. Both triple net and DST can go together. [10:20] Steve describes some of the triple net lease properties represented in Kay Properties. [12:50] What are the advantages of buying through DST vs triple net? [14:05] Steve talks about a client that he inherited as an example. [15:25] Triple net is great and passive until something goes wrong. Steve expounds on this further. [18:45] Matt adds what other types of tenant profiles can be represented with Kay Properties and their advantages. [20:35] DSTs can provide true access into the institutionalized playing field of investments. [21:40] What are the major benefits of DST vs triple net? [24:30] Kay Properties focuses on posture in the market to mitigate the volatility to weather a potential storm.   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 FNEX Capital member FINRA, SIPC. 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.

Kay Properties Podcast
Kay Properties Matt McFarland and Jason Salmon on The Purpose of DSTs

Kay Properties Podcast

Play Episode Listen Later May 9, 2022 30:07


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 150 years of real estate experience, are licensed in all 50 states, and have participated in over 30 Billion of DST 1031 investments   In this week's episode, Vice President Matt McFarland and Vice President Jason Salmon talk about what is the purpose of a DST and the different motivations behind it. They also talk about the different types of investors they work with and how DSTs could be relevant to you.   Key Takeaways: [1:00] Risks and disclosures. [4:00] About Kay Properties & Investments. [4:45] Matt introduces Alex and today's topic. [6:00] What is the overall purpose of a DST? [8:50] Jason summarizes the major motivations for DSTs. [9:45] Matt also adds that Kay Properties makes institution-size real estate deals accessible to private high network accredited investors. [11:00] How do they define the top priorities of these DSTs and what do they provide to investors? [12:30] Some investors lend towards specific categories of real estate for the purpose of preservation of wealth. Jason expounds on this further. [14:30] Jason also shares about how DST can be used for tax deferrals. [15:30] The predictability of DSTs is also an advantage. Matt shares further. [18:20] Jason shares how the market place of DSTs has evolved in favor for investors in different types of situations. [19:45] Real estate through the DST structure is not so different from other property investments. Jason explains why. [21:10] Who are the typical investors that Kay Properties work with? [23:00] Jason shares what are the requirements to invest with them. Investors they work with are generally passive. [25:15] Other than passive investors, Matt also shares other types of investors they typically work with.   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 FNEX Capital member FINRA, SIPC. 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.

Kay Properties Podcast
Kay Properties Betty Friant and Alex Madden on Debt within DST Investment

Kay Properties Podcast

Play Episode Listen Later May 6, 2022 28:13


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 150 years of real estate experience, are licensed in all 50 states, and have participated in over 30 Billion of DST 1031 investments   In this week's episode, Senior Vice President Betty Friant and Vice President Alex Madden talk about debt and how it works within the 1031 exchange and DST. Debt can be a tool for investors seeking to potentially grow their portfolio. Investors should also understand the risks and consider alternatives.   Key Takeaways: [0:50] Risks and disclosures. [3:25] About Kay Properties & Investments. [4:30] Betty introduces Alex and today's topic. [5:15] What is the importance of debt in a 1031? [5:50] One rule with debt is the requirement to purchase equal or greater value real estate from what has been relinquished. Alex expounds on this further. [7:45] What is a debt free DST? [9:10] What are the advantages of owning a property with debt?  [13:00] Alex also talks about some of the reasons why investors don't want to take on debt. [15:15] The flexibility surrounding exit strategy is an advantage with DSTs. Alex shares some examples. [17:20] Betty also mentions cross collateralization and why it could be a disadvantage with debt. [18:20] How does debt continue with future exchanges? [20:30] It's important to consider the long-term ramifications before taking on more debt. [21:40] Alex also shares what are the types of debt free properties in the market now. [23:10] If Alex was a first time DST investor, would he pick one with or without debt? [25:00] Betty also talks about doing a trial run DST and how that can be useful to new investors.   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 FNEX Capital member FINRA, SIPC. 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.

Diet Starts Tomorrow
Aleen Answers All Of Your Questions (Pt. 2)

Diet Starts Tomorrow

Play Episode Listen Later May 5, 2022 33:02


Aleen is back solo for this week's DST Thursday. She kicks off by getting the pulse of DST'ers on the future NSWs. Then she shares her NSW, which has to do with feeling refreshed and reads a listener submitted NSW about not kicking yourself when fast food is your only option. Aleen then reads the Dear DST of the week, which asks her advice on how to approach breaking your routine while on vacation with friends. Aleen then answers a bunch of listener submitted questions that include everything from how she met Rusty to her fav kitchen utensil. Don't forget to call the DST hotline with your questions, stories, and non-scale wins — 212-287-5650‬.

Kay Properties Podcast
Kay Properties Matt McFarland and Jason Salmon on Full Cycle DSTs

Kay Properties Podcast

Play Episode Listen Later May 4, 2022 27:44


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 150 years of real estate experience, are licensed in all 50 states, and have participated in over 30 Billion of DST 1031 investments   In this week's episode, Vice President Matt McFarland and Vice President Jason Salmon dig into the details surrounding an investor's experience on a full cycle DST. This topic is an excellent introduction to new DST investors so tune in to learn more!   Key Takeaways: [1:00] Risks and disclosures. [3:50] About Kay Properties & Investments. [4:30] Matt introduces Jason and today's topic. [6:20] Jason explains what it means for a DST to go full cycle. [9:30] He also shares what investors can expect in terms of timelines.   [11:05] When the sponsor firm running the deal has a real offer, they usually circulate a preliminary notice to investors. [12:15] The investors will be asked if they will do another 1031 exchange or take their proceeds. Jason shares what happens next with both scenarios. [13:40] Jason also talks about replacement property options and what that means. [16:30] It's not uncommon when investors are not content with the offers, they get to take it off the table and go back to the market. [17:45] What is the best way for an investor to prepare for a full cycle event? [18:20] Timing is everything. Jason shares how the market conditions affect that. [20:45] Nonetheless, there are options based on any deals that would be in the market. What's important is to buy equal or greater value. [21:50] Jason advises to consider options proactively rather than just waiting for a sale. [23:15] Matt also adds what could be a good timing from the closing date to seek out specific replacement options. [25:00] Jason closes to share that if anyone would like to know more about these concepts to reach out to their registered representatives for a more detailed walk through.   Resources Website: https://www.kpi1031.com/ Call Kay Properties at 855-899-4597 Meet the Kay Properties Team: kpi1031.com/meet-our-team

Kay Properties Podcast
Kay Properties Matt McFarland and Alex Madden on Different Asset Classes

Kay Properties Podcast

Play Episode Listen Later May 2, 2022 24:51


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 150 years of real estate experience, are licensed in all 50 states, and have participated in over 30 Billion of DST 1031 investments   In this week's episode, Vice President Matt McFarland and Vice President Alex Madden talk about different asset classes, their perceived variability, and which ones they recommend against investing in. They share their reasons as to why certain assets are too risky for their investors to pursue.    Key Takeaways: [1:00] Risks and disclosures. [4:10] About Kay Properties & Investments. [4:45] Matt introduces Alex and today's topic. [6:55] What is an asset class and what are the different asset classes available? [9:20] How are properties classified in these different asset classes? [9:40] Alex reminds the investor to discuss with their registered representative before diving into classification of assets. [10:30] He also shares example scenarios of different asset classes such as multifamily. [11:40] Another class would be a net lease asset type. Alex expounds on this further. [13:25] Alex also shares an example of an anchor and buoy approach. [14:20] Matt also expounds further on perceived variability of these approaches. [16:50] Multifamily vs single tenant commercial property. Matt shares what could be valued higher and why. [18:35] What's the best DST? Alex explains what the dependencies are. [20:40] Alex also shares the asset classes that they avoid and why.   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 FNEX Capital member FINRA, SIPC. 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.

Diet Starts Tomorrow
Everyone Needs A Mental Health Toolbox Ft. Kendall Toole

Diet Starts Tomorrow

Play Episode Listen Later May 1, 2022 62:38


*Episode Trigger Warning: This episode features mentions of suicide and suicidal thoughts* May is Mental Health Awareness Month and we're honored to kick it off with the ultimate Mental Health advocate, Peloton Instructor, and long-time DST'er, Kendall Toole. Kendall starts off by sharing what made her become a fitness instructor, how she ended up as a Peloton fan-favorite, and what it's like as an instructor behind-the-scenes. Kendall then gets into her lifelong struggles with mental health, including a young diagnosis of OCD. She talks about the challenges she had to face with the diagnosis, how she pretended like everything was fine throughout college (until she hit her breaking point), and how she deals with these challenges as an adult. Kendall then shares the importance of using her *large* platform for good, and how she's been able to set boundaries to ensure she shows up each day as her confident self. The ep comes to a close with DST Confessions, where Kendall hints at whether her hairstyles are sending secret messages to her riders and the importance of dry shampoo. If you or someone you know is suicidal or needs support please call the National Suicide Prevention Hotline: 800-273-8255 

Kay Properties Podcast
Kay Properties Matt McFarland and Betty Friant On Getting To Know Their Investors

Kay Properties Podcast

Play Episode Listen Later Apr 25, 2022 28:26


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 150 years of real estate experience, are licensed in all 50 states, and have participated in over 30 Billion of DST 1031 investments   In this week's episode, Vice President Matt McFarland and Senior Vice President Betty Friant share the questions they would ask investors to better understand them and their unique goals. Their goal is to always have the investor in mind and to match them with the best investments based on their risk tolerance and where they are in life.    Key Takeaways: [1:00] Risks and disclosures. [4:15] About Kay Properties & Investments. [5:00] Matt introduces Betty and today's topic. [6:20] Matt greets Betty with a Happy Birthday! [7:45] First, they talk about the relinquished property. Betty shares what questions they usually ask their clients. [10:35] It's highly encouraged to talk to your CPA and attorneys as they provide legal advice. It might be that you won't need a 1031 exchange. [13:00] What questions should investors ask when they are getting to the specifics of a transaction? [13:55] Betty talks about one couple doing DSTs and shares what she advised them to do to fulfill their dream. [15:45] Betty also explains why they need to know where you are in your investing life. [18:35] The goal of asking all these questions is to ensure that your investment is the best fit. [19:35] Betty also mentions 721 Exchange UPREIT and a brief overview of what they are. [20:35] Betty shares an example of her own properties to explain what lazy equity is. [22:05] What does having a balanced portfolio with DST look like? [25:15] Betty also wants to know the type of decision-maker the investor is and explains why.   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 FNEX Capital member FINRA, SIPC. 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.

Kay Properties Podcast
Kay Properties Matt McFarland and Steve Haskell on How to Be a More Educated Investor

Kay Properties Podcast

Play Episode Listen Later Apr 25, 2022 26:25


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 150 years of real estate experience, are licensed in all 50 states, and have participated in over 30 Billion of DST 1031 investments   In this week's episode, Vice President Matt McFarland and Vice President Steve Haskell talk about their different approaches to working with a client and their focus on the different stages of the investment process. It is Kay Properties' goal to better educate and bring value to its investors.   Key Takeaways: [0:55] Risks and disclosures. [4:00] About Kay Properties & Investments. [4:45] Matt introduces Steve and today's topic. [5:50] What is the educational process of a prospective investor? [7:05] Steve shares what are his priorities when entering people as investors. [9:10] How does debt function in a DST? [9:45] What are the strategies for doing a 1031 exchange using DST? [10:55] Going closer to escrow, Steven shares what a sample portfolio would look like and how to refine it. [11:40] Steven would like to have everything set up so they can close the DSTs as soon as possible. [12:45] DST investments work well for many people but do not fit everyone so education is key. [14:25] Phase two is exposure to different approaches and developing different strategies. [16:25] Before getting into deals, it's important to get a better understanding of the concept of DSTs, investments, and risks early into the process. [18:25] Engaging an investor's CPA and real estate attorney early on is really important. [20:30] Timing is key. The more time we have on our side, the better. [21:50] Preparing and building a foundation of knowledge in advance will alleviate a lot of the stress in the decision-making process. [23:45] DSTs are not for getting rich, they are for preserving capital.   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 FNEX Capital member FINRA, SIPC. 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.

Kay Properties Podcast
Kay Properties Matt McFarland and Chay Lapin on Diversifying Your Risk Through DSTs

Kay Properties Podcast

Play Episode Listen Later Apr 25, 2022 29:43


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 150 years of real estate experience, are licensed in all 50 states, and have participated in over 30 Billion of DST 1031 investments   In this week's episode, Vice President Matt McFarland and Senior Vice President Chay Lapin talk about how DSTs can potentially benefit an investor's situation despite the many moving parts of the current economic environment. They also dive into how investors can diversify their risk and potentially protect their wealth.   Key Takeaways: [0:55] Risks and disclosures. [3:55] About Kay Properties & Investments. [4:40] Matt introduces Chay and today's topic. [5:30] How has the current real estate environment impacted some of the DST trends? [7:05] Chay provides an overview of the marketplace and the trends he sees. [10:11] There are opportunities that arise but overall cap rates have gone down. [11:35] What are some of the challenges that Chay has faced during acquisition and how has it impacted DST investments? [12:35] Investors are only making 1-2% profit on a cash on cash investments vs. investing on high-risk real estate property at 7% return and unlocking equity. [15:00] Even though they are low returns, we need to look at the big picture and the tax consequences you might be facing. [16:15] Chay believes it's time to put ourselves in a defensive position as there are a lot of moving parts in our current economic environments. [18:25] Prices have skyrocketed but over time there is a potential to raise rents which will offset that. [19:05] Matt dives more into trapped equity and what it's about. [22:45] Chay shares an example of how much you can achieve with a $100 rent increase on a unit. [24:40] He shares more advice for investors within the DST structure.   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 FNEX Capital member FINRA, SIPC. 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.

Down, Set, Talk! - Der Football Podcast
HABEN IST BESSER ALS BRAUCHEN - NFL Draft Preview: Mock Draft

Down, Set, Talk! - Der Football Podcast

Play Episode Listen Later Apr 20, 2022 141:27


Wie viele QBs gehen in Runde 1? Wie weit fällt Drake London? Gibt's einen Running-Back-Pick?! Der traditionelle Wunsch-Mock-Draft von DST! Dieses Jahr doppelt vorgezogen, den Grund dazu verraten wir euch in der Folge. (00:00) Intro (08:30) Quick Question (16:00) News (22:00) Mock Draft

How to Scale Commercial Real Estate
Deferred Sales Trust: Capital Gains Tax Solutions for Crypto Investments

How to Scale Commercial Real Estate

Play Episode Listen Later Apr 17, 2022 21:37


Looking to defer taxes on an asset or even just make better financial decisions overall?  Industry expert Brett Swarts is here to help and he's back with us to talk about the power of Deferred Sales Trust. This time, Brett shares how to use DST in the crypto space and gain more cash flow by deferring capital gains tax. Brett Swarts is the founder and CEO of Capital Gains Tax Solutions. Whether you're selling a business, real estate, or a crypto asset, he and his team are dedicated to educating individuals and solving capital gains tax deferral limitations to unlock financial freedom.   [00:01 - 07:47] Crypto and Capital Gains Tax The problem of crypto millionaires face when exiting highly appreciated positions Here's how Brett and his team solve this The importance of having tax-efficient cash flow in the crypto scape Deferred Sales Trust has zero limits on what it can defer    [07:48 - 17:45] Deferred Sales Trust Explained Brett compares Deferred Sales Trust to 1301 Exchange and Self-Directed IRA What is a taxable event with the Deferred Sales Trust? Find out when it's too late for Deferred Sales Trust Brett tells us about the opportunity zone   [17:46 - 19:54] Capital Gains Tax and Beyond Know more about other solutions Brett and his team provide   [19:55 - 21:37] Closing Segment Reach out to Brett!  Links Below Final Words   Tweetable Quotes “... the opportunity to defer that tax and to be able to diversify that wealth is one of the best ways for crypto millionaires to create and preserve more wealth.” - Brett Swarts   “We're told all the time, Robert Kiyosaki, and all of us who love multifamily, investing in real estate, it's cash flow, cash flow, cash flow. But I'm here to tell you, it's not just cash flow, it's tax flow.” - Brett Swarts   “....let's face it, the most expensive things that we're ever going to pay in life, one of them is taxes.” - Brett Swarts   -----------------------------------------------------------------------------   Connect with Brett on the Capital Gains Tax Solutions website. Follow them on Facebook, LinkedIn, and YouTube, and listen to their podcast, Capital Gains Tax Solutions Podcast. Check out Crypto DST Mastermind webinar and the book Building a Tax-Deferred Exit Strategy: The Proven Playbook for Unlocking Your Ideal Wealth Plan When Selling Assets of Any Kind for Yourself Or Your Clients by Brett Swarts and Ken Harrington.   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:   Brett Swarts  00:00 We'd like to say is we're unlocking that freedom, like Robert Kiyosaki on the right side of the quadrant, right? Getting on the business or investment side of things. It's like how do we use tax flow in this situation and using the deferred sales trust to unlock what someone's really trying to accomplish, whether that be moving closer to family, selling their big primary home, exiting their GP positions and not wanting to pay a bunch of tax, exiting their crypto and wanting to start a business venture, building investment real estate, the deferred sales trust unlocks that once you understand it.   Intro  00:27 Welcome to the How to Scale Commercial Real Estate Show. Whether you are an active or passive investor, we'll teach you how to scale your real estate investing business into something big.    Sam Wilson  00:39 Brett Swarts is the founder of Capital Gains Tax Solutions. Each year, he equips hundreds of business professionals with a Deferred Sales Trust tool to help their high-net-worth clients solve capital gains tax deferral limitations. Brett, that's a mouthful. I know you've come on in previous episode, I think this is last July 21, episode 234 that you came on, we really dove deep into the deferred sales trust. So if you're listening and going, "Hey, I don't even know what that is," hit pause, go back and listen to that episode again. 234 on July 21, of last year 2021. Get an understanding of that, because we're gonna kind of take a different spin on this today. Brett, welcome to the show.   Brett Swarts  01:17 Sam, great to be back, excited to add some value to you and your listeners.   Sam Wilson  01:21 Hey, man, absolutely excited to have you. One of the things that you and I spoke about here recently, we were both at the Best Ever Conference. And we really started digging into the crypto slash real estate conversation. And that's really what I'd love to spend the bulk of this episode talking about. Tell us, I mean, can you kind of just, the floor is yours, take over wherever you want. But that's what I want to talk about. Tell us what you guys are doing in that space, and really, why and what need you're solving or what problems...   Brett Swarts  01:48 Absolutely. So you know, most crypto millionaires, they struggle with their capital gains tax when they go to exit their highly appreciated positions. And in fact, a recent study was done, there's about two to $3 trillion, depending on you know, the year that you're looking at these numbers of cryptocurrency in the world. And these are highly appreciated assets, I mean, talking thousands and thousands of percent returns. And so when they go to exit, they have a huge capital gains tax. And so we believe the opportunity to defer that tax and to be able to diversify that wealth is one of the best ways for crypto millionaires to create and preserve more wealth. And with that, connecting with the apartment syndication world and/or commercial real estate syndication world, it complements this whole strategy of what I'm calling tax flow versus cash flow.   Sam Wilson  02:36 Can you break that down? What do you mean when you say tax flow versus cash flow?   Brett Swarts  02:40 Yeah, so most of the time, we were told, you know, we're told all the time, Robert Kiyosaki, and all of us who love multifamily, invesing in real estate, it's cash flow, cash flow, cash flow. But I'm here to tell you, it's not just cash flow, it's tax flow. And now, of course, it's always been both. But more and more important today, because of the highly, let's say, accumulating debt in America, especially over $30 trillion, that the government is running out of options except for to raise taxes. And that is a big problem. And so it's more important as we as entrepreneurs, as business owners as cryptocurrency and multifamily investors, that we look at our tax flow strategy, and not just the cash flow because let's face it, the most expensive things that we're ever going to pay in life, one of them is taxes, if not the most, that's the one you're paying the most out of anything anywhere. And so you've got to figure out ways using the regulatory framework to have tax-efficient cash flow, not just highly appreciated assets.   Sam Wilson  03:40 Right, yeah. Because what's the good in having a highly appreciated asset that you're paying a ton of taxes on? And I know you've kind of specialized or found a way to do this with the deferred sales trust. How are you doing that with crypto, just use the word crypto millionaires, how you doing with crypto investors have made a whole bunch of money?   Brett Swarts  03:55 Yeah, well, we'll start with the story of August 7, 2021. And that's the one we broke the four-minute mile. And if you saw that Roger Bannister story about the person who broke three minutes and 59 seconds, he broke what many thought was impossible to break? Well, for us, that happened on August 7 to 2020 21 for a client of ours who owned a Etherium. He and his wife bought it for about 100,000 and went to 13 million, and they're living the, you know, 50-60 hour workweek in the tech industry. And she's an attorney and two kids and, you know, making a good salary but they lived in California, and it's very expensive, and they're looking at this huge amount of appreciation. And they're looking at exiting that pain, millions of dollars of tax. And so for the first time ever, we help them exit out of crypto all tax-deferred and anyone with the deferred sales trust for that matter. Over 25 year track record the traverse sales just been around and they were able to retire from their day to day job, travel with their family and then invested into in this scenario, they've invested into securities at this point, but they're waiting for the real estate market to shift and they're looking for opportunities to buy that. And so that's providing here, an opportunity to exit, get some freedom, get some cash flow, get some tax flow, and also defer millions of dollars of tax. So they need a $5 million deal. And we deferred about 1.8 5 million of tax then they liked it so much about three months later, Etherium had another high for what they're looking for. They exit two and a half million. And that's within one hour each. And that's the beauty of what we provide. It's so fast, so instantaneous, and but it's a huge impact for the families that we're serving.   Sam Wilson  05:26 Yeah, that's really interesting. Is there while we're on this topic, are there any assets that you can't put into a deferred sales trust?   Brett Swarts  05:34 No, it's worked for just about anything you can think of. It works for artwork, collectibles, public or private stock. We've done it for apartment complexes, self-storage facilities. We've done it for a dentist, I visited a dentist deal for a client out of New Jersey that was looking at a huge tax, we helped him defer $600,000 of tax and about a $1.5 million exit. It works for primary homes, luxury primary homes, as opposed to the 1031 exchange, which only works for investment property, or even the Delaware 1031 that only works for investment property. So the deferred sales trust really has zero limits on what it can defer, captive insurance, it can work for general partnership interest, LLC, LPs, anything you can think of now here's the key, it needs to have a $1 million net proceeds and a $1 million gain, it's got to be big enough in order to hire us right to pay for the services that we provide.   Sam Wilson  06:19 Right. That makes a heck of a lot of sense. You said 1 million net proceeds slash $1 million net gain. That makes a lot of sense. That's really intriguing. How did you figure out or how did you find clients that have made money in crypto and say, "Hey, guys, let's all put this into a deferred sales trust"?   Brett Swarts  06:35 It's a great question. We started talking about it, right? We start talking about the challenges that many of the crypto millionaires are facing, right? We actually started investing in it, ourselves, you know, in cryptocurrency. I started investing in 2017. My wife and I, we buy these, we call them Etherium rigs, that is supercomputers that we put together with our kids. And we start, we talked about Robert Kiyosaki's cash flow and getting on the right side of the quadrant. And we said, like, these are little cashflow producing machines as we sleep, they're producing some cash flow. Etherium, right? We also want to buy rentals, or it's a part of immersing ourselves into that world, and then trying to feel some of their pain, right, because all of us had friends or family who invested and went high and maybe went low or lost everything and we're going there's got to be a better way. And that's the same story that happened with apartment complex owners in Sacramento, when I was at Marcus & Millichap, same exact thing happened in 2008. And part of it was at 1031 Exchange chasing that deal in deferring that tax, but doing it in a way that put them in a poor position financially because they have too much debt and on less liquidity. And so we focus like a laser on what's something called, what's called optimal timing, sell high and buy low. And we just apply that to the crypto millionaire space. And we started a mastermind, we started podcasting about it. And now there everyone's finding us mostly on YouTube and podcast.   Sam Wilson  07:48 Right. That's really interesting, for sure. So inside the deferred sales trust, I'm just gonna make sure I understand this, it is not time-bound, like a 1031.   Brett Swarts  07:58 Exactly. So the deferred sales trust is amazing in that it's not time-bound, like a 1031 exchange. We call the 1031 exchange, 45 day, 180 timeframe the shotgun wedding. We all had friends, maybe a family who got married really quickly, right. And sometimes those things don't work out. And so the idea of optimal timing is being able to sell when you have a certainty of conviction that it's a good time to sell, exit that position, and then be on the sidelines and be ready to pounce on to opportunities, whether that be real estate, whether that be securities, whether that be back into cryptocurrency, whether they've been to hard money lending, all tax-deferred, using the deferred sales trust. I'll give you another example. We just helped the client, she bought Bitcoin for about $50,000. And she's working for a big tech company in Silicon Valley. And she had our $50,000 investment turned to $50 million. And I get this call and I'm going, "Oh my goodness, like you have a huge gain." She's like, "I'm lucky I never sold," and I go why didn't she sold. She's like, "Part of it because of the tax. I'm in California, I'm gonna get hammered. Part of it, I believe in the long-term future of Bitcoin. But the third part is I don't have a great place to invest it. Like I don't necessarily trust a lot of different things." She goes, but she goes, "I'd like to invest in this business venture. Can I go into real estate or another business venture with this?" And I said, "Using the deferred sales trust?" I go, "Yes, absolutely." So she exited the first 5 million when Bitcoin hit 54,000 a coin. And she deferred about 1.8 5 million in tax. And she's invested into a startup company for her the freedom was she could retire from the big tech company, but she could also build another company with her college roommate. It's an educational platform. It's what,  like Robert Kiyosaki on the right side of the quadrant, right? Getting on the business or investment side of things. It's like how do we use tax flow in this situation and using the deferred sales trust to unlock what someone's really trying to accomplish, whether that be moving closer to family, selling their big primary home, exiting their GP positions and not wanting to pay a bunch of tax, exiting their crypto and wanting to start a business venture, building investment real estate, the deferred sales trust unlocks that once you understand it.   Sam Wilson  09:58 That is awesome. Love that, that's really cool. Talk to us. And I know, again, we'd probably dug into this a little bit, but on the previous episode, but just these questions are coming up in my mind, much like, you know, let's say you're a self-directed IRA investor, all the proceeds have to go back into the IRA. Is that the same story with a deferred sales trust where even though, maybe you're deferring tax and things like that, you still really can't access the money? Or what does that look like as income-producing real estate throws off cash? Where does that cash then go?   Brett Swarts  10:30 Yeah, how was the deferred sales trust like a self-directed IRA? And how is it not? Well, first of all, it's like a self-directed IRA. So when the funds are in there, it's in a tax-deferred state. And the growth in the cash flow can typically grow tax-deferred. Why? Because it's able to expense what it owes to you in a given year, even if you haven't received payments out. Right. And that's a really cool thing. So it's growing income tax deferred and capital gains tax. It's unlike self-directed IRAs, there is no required minimum distributions. Although we do recommend, and how we structure our promissory notes. And for those who are wondering the deferred sales trust, you're lending the funds to the trust in exchange for a promissory note, and the trust is paying you back over time, we do like to see some payments coming out within the first two years. Some amount of payments coming out where you will pay some income tax on. But there's no like other things that as far as if you're partnering with the trust, you can partner with the trust, and you can buy investment real estate and the way we structure it, you can become an owner of an LLC, and you can partner with the trust where you can get the traditional cash flow, and that's appreciation. And not all of the cash flow has to roll back into it. And so it's much more flexible, Sam, for sure. Yeah,   Sam Wilson  11:34 That's, I mean, that's getting into the weeds on how you structure those things. But that makes a lot of sense. I guess the answer to the question is, can you keep all of the funds inside the trust and leave it there if you want? Can you also take money out? And it sounds like if you take money outside of the deferred sales trust, it just becomes taxable ordinary income?   Brett Swarts  11:50 Yes, define "taking out." What is a taxable event with the deferred sales trust? The answer is if you take it personally into your personal account, or you use it, you spit it in, like a primary home or your personal expenses, right? So the government gives us these tax deferral options, in order to incentivize us to do the things that they can't do very well as part of why they encouraged us to build and manage and own multifamily properties, because they're not very good in being in the housing business, right. So they give us depreciation, this is back to the tax flow concept here, right? So the deferred sales trust, likewise, based upon IRC 453, which is an installment sale, goes back to the 1920s. They're giving us this tool to incentivize someone to exit cryptocurrency or another business. And as long as those funds are put back into the economy, ie business ventures investments, which is going to spur economic growth, which is what's going to spur job creation, which is going to spur income tax, right? So they're winning here, we're winning. And that's really the goal, like where are the funds going? And how are they taxed? So let's play that out. If you partner with the trust and buy investment, real estate and build that for a client, I just did that for $2.6 million business sale in Tennessee, and he's building 72 multifamily units in partnership with the trust, you do it in a specific order. It's a tax, all of this tax is deferred. Okay. But the moment he wanted to put into a primary home, should he do that or take it personally, then it's taxable. Does that make sense? Sam?   Sam Wilson  13:11 Yeah. 100%, that answers the question entirely. That's really, really intriguing. Talk to me about timing on this. I mean, I think if everybody knew capacity or the capabilities of a deferred sales trust, it would be a very different environment for a lot of business owners, for a lot of people exiting things, you know, especially on the real estate side, you know, we see a lot of owner financing, especially on smaller deals, anything sub 10 million, if it's a mom and pop owner, most of the time that, you know, they'll want to do a seller carry-back just so they're not getting hammered with taxes all in one year. But this would be a unique strategy, of course, where they could plug it into a deferred sales trust. Where in this process is someone have to come to someone like you and say, "Hey, I need to employ your services." Is there a wrong time to do it?    Brett Swarts  13:55 Yeah, when is it too late for the deferred sales trust? It's too late if the buyer has removed all contingencies. And that means there's nothing remaining, and that's what's called constructive or… and a couple of days or a week, and there's nothing remaining between basically you and the seller, being able to say, to force the sale, they can say "You must transact Mr. Buyer." And because there's no contingencies remaining, that is when it's too late, unless you're an investment real estate property owner, and you can send the funds to a qualified intermediary, and then we can save a failing 1031 exchange on day 45 or day 181? These are the things that we work through with people all the time. In fact, we have an entire system and I would highly encourage you to never use a company that will not allow you to use a deferred sales trust. Make sure your accommodator is willing to accommodate and we have those but I literally have had two or three calls millions of dollars on the line for a very, very large, large exchange accommodator that is not allowing and will not move the exchange and they're putting these people in a terrible position. And they'll never use them again. And so you got to be very cautious, 1031 exchange companies don't want you to know about this. Most of them know, your 1031 Exchange broker or commercial broker. Most of them don't want to know about this, by the way, I'm a commercial real estate broker, started Marcus & Millichap. I love 1031 exchanges, but I love options. But more than that, and letting my clients to make the options for them, what's best for them, so you got to be very educated and prepared and have the team ready to go. Okay, so that's the timing aspect. Now, everything else is not 1031 eligible. We've got to do it before the buyer remove all contingencies, or before you have exited your cryptocurrency to cash. Even if you have Etherium, or Bitcoin, or different coin, and you're moving those coins. Remember, if you move to a different coin, it's taxable. Right? So to set up a deferred sales trust, for cryptocurrency owner, what we do is step one, we set up a trust. Step two, we open up the trust account at a place called Kraken. It's one of them that we use. It's like a coin base. Step three, you transfer the coin to the Kraken account and the name of the trust, right. So you haven't transferred it to your own name. It's the trust account, you can exchange a promissory note. And from there, the trust account can sell the cash, and then it can go to a bank account, and then it can start paying you. So these are all the steps that we help guide you through every step of the way. So hopefully that answers the question, Sam.   Sam Wilson  16:09 Yeah, absolutely. When is it too late? That's the summary question. Because I'm certain people have come to you in the past. And you're like, "Hey, I'm sorry, you're too late." And that's got to be a really disappointing conversation. Is there any golden parachute at that point, somebody can pull out that's different than a deferred sales trust?   Brett Swarts  16:26 There's an opportunity zone, if it's within 180 days from the time they closed, right. And so opportunity zones are one of our good cousins that we like here, Capital Gains Tax Solutions, they're like the trusted cousin. And, by the way, 1031 exchange is the trusted cousin, too, if you could find the deal, it makes sense. So you got, you have Delaware 1031, which we use for mortgage over basis. The cool thing, you know, for capital gains tax, which is for a plug for us is we're agnostic, as long as the thing is absolutely the best fit for you, right, and it's helping you clarify that. So we're called Capital Gains Tax Solutions, plural. And we're going to assess, and sometimes it's a mixture of both, like I'm closing a deal in Colorado, it's a $4.5 million deal. And this particular client has what's called a mortgage over basis. And we're using a partial Delaware statutory trust to extinguish and we'll replace some of that debt over bases, because what the deferred sales trust cannot replace mortgage over bases, cannot defer that. So we got to replace that debt. We have a unique zero Amazon coupon deal, where they're able to put a partial amount into that small amount of equity, get a huge amount of debt replacement, non-recourse out of their name. And then the rest of it known to the deferred sales trust. Well, guess what , this client wants to get into some cryptocurrency. And he's been an apartment complex owner and syndicator for years, and he's looking to diversify a little bit, because he's not seeing enough yield in some of these apartment deals that he would like to see. And so that's the cool thing about what we provide. And the key is which option or options, plural, is best suited for you.   Sam Wilson  17:46 That's really awesome. It just sounds like there's so many tools in the toolbox, you know that you guys have to help out people who are facing a tax liability situation. And I think that's the summary of the show is that even if you're in crypto, if you're in business, and again, there's a little bit of a rerun of the first episode, but no matter what you're in, that there are ways to reduce or eliminate your entire, you know, largest liability, which is your taxes.   Brett Swarts  18:11 Can I add one more to that too? By the way, so we're called Capital Gains Tax Solutions, but we're also an estate tax solutions, okay. And so I want to make this, give you guys a little extra bonus here. So we had a client that was selling a $5 million asset in Colorado, it's a different client. They're selling apartment complexes about two years ago, and they were 25 million. And their challenge wasn't just capital gains tax, whether they had zero basis, and they had a lot of gain there. Their challenge was the estate tax. And that's 40% of anything above basically 22 million married, Sam, or 12 million single, and it has nothing to do with a stepped-up basis. The 1031 Exchange does not solve this, you know, the swap until you drop does not solve this. You have to get the funds, the equity, the assets outside of your taxable estate. So generally speaking, most folks are either buying a bunch of life insurance, they're doing a bunch of gifting to their kids as fast as they can, or they're giving it all the way to charity as much as they can. Right? Well, guess what we provide? Without having to do any of those first three, they exited their asset into what's called the deferred sales trust 2.0. It's the DST plus is what is known as. And they completely eliminated that 5 million outside of their taxable estate. Now, they're still pretty young, their late 50s, early 60s, and they're looking at growth on this $25 million dollar estate to probably 50, potentially. 75 million. Well guess what they just did with 5 million of that? They exited outside the taxable estate which is what it eliminates 40% of the debt tax. Okay, so that is huge to for anyone who has ultra high-net-worth clients and is looking for an elegant solution upon an exit of an asset. The deferred sales trust plus is got to be one of the things you're looking at because it's amazing what it can do.   Sam Wilson  19:54 That's awesome. Brett again, you know, certainly enjoyed it. Thank you for coming on today. This was a blast to learn, again, all the really cool things that you can do with a deferred sales trust and the other options that are certainly out there. If our listeners want to get in touch with you or learn more about you, what is the best way to do that   Brett Swarts  20:08 There's a couple options. Number one, go to capitalgainstaxsolutions.com, or search that on Instagram, Facebook, LinkedIn, and YouTube. There's our big place where we provide a ton of free content, we have a ton of playlist, how to save a failed 1031 exchange, a 1031 exchange versus the deferred sales trust, the deferred sales trust versus the Delaware statutory trust. And then we have our cryptocurrency series as well, where we break down how to do this step by step. And then we have our mastermind every Friday at 10am Pacific Standard Time, 1pm Eastern is the Crypto DST Mastermind. We bring on clients, we bring on people learning about it for the first time, I bring on experts to talk about all of these things. And it's like a classroom. We're all hanging out. I'm on there, my team members are on there. My strategic alliances are on there. And we're just talking all about these types of things for, in frequently asked questions. And the last thing is we have expert tax secrets. We're coming with a brand new book, Kevin Harrington is going to be in the book, which is pretty cool. He's from Shark Tank and a bunch of other people. And so you can check out that new book. It's called Building a Tax-Deferred Exit Strategy.   Sam Wilson  21:07 Love it. Brett, thank you again for your time. Have a great rest of your day.    Brett Swarts  21:10 Thanks, Sam!   Sam Wilson  21:11 Hey, thanks for listening to the How to Scale Commercial Real Estate Podcast. If you can do me a favor and subscribe and leave us a review on Apple Podcasts, Spotify, Google Podcasts, whatever platform it is you use to listen, if you can do that for us, that would be a fantastic help to the show. It helps us both attract new listeners as well as rank higher on those directories so appreciate you listening. Thanks so much and hope to catch you on the next episode.

The Twenty Minute VC: Venture Capital | Startup Funding | The Pitch
20VC: Brex's Henrique Dubugras on Advice from Evan Spiegel and Eric Schmidt on CEOship, The Biggest Hiring Mistakes When Scaling, What Everyone Gets Wrong with Product Messaging and When is the Right Time to Launch Secondary Products

The Twenty Minute VC: Venture Capital | Startup Funding | The Pitch

Play Episode Listen Later Apr 15, 2022 34:21


Henrique Dubugras is the Founder and CEO @ Brex, the company re-imagining financial systems so every growing company can realize its full potential. To date, Henrique has raised over $1.1BN for Brex from some of the best including Ribbit, Greenoaks, DST, IVP, Caffeinated Capital and Elad Gil to name a few. Henrique is also a board member at Mercado Libre. Prior to co-founding Brex, Henrique co-founded Pagar.me, there he scaled the company to $15BN in GMV and over 100 people before selling the company in 2016. In Today's Episode with Henrique Dubugras You Will Learn: 1.) The Founding of Brex: What was the founding a-ha moment for Henrique and Pedro with Brex? What advice did Evan Spiegel give Henrique when it comes to being a great CEO? 2.) Hiring: The Trials and Tribulations What have been Henrique's biggest hiring mistakes? How do founders know when they are ready to bring in the seasoned exec vs the younger jack of all trades candidate? What have been Henrique's biggest lessons in what it takes to hire true A* talent? Where does Henrique see other founders make big hiring mistakes? 3.) Product Expansion and Marketing: How does Henrique assess when is the right time to release a second product? What have been Henrique's biggest mistakes and lessons when it comes to product marketing? How can one retain the simplicity of product messaging with scaling the product? Brex expanded the product too far, too fast. How did they walk it back so successfully? 4.) Henrique: The Leader How does Henrique approach his own relationship to money today? How has it changed over time? What luxury expenditure has Henrique made over the last 12 months that he feels is worth it? How does Henrique think about ego management? What does he do to keep his in check? Item's Mentioned In Today's Episode with Henrique Dubugras Henrique's Favourite Book: The Innovator's Solution: Creating and Sustaining Successful Growth

Pat Mayo Experience
2022 USFL Week 1 DraftKings Picks, Strategy

Pat Mayo Experience

Play Episode Listen Later Apr 14, 2022 62:23


Pat Mayo, Justin Freeman, and Cody Main discuss the 2022 USFL Week 1 DraftKings Picks for the opening slate along with depth charts, using simulations and projections, the different rules, type of play, leveraging content for DFS, and the expected DraftKings strategy for different USFL rosters on DraftKings. Plus, stick around to the end for some inside info LIVE from the USFL compound and a quick chat about Sammy Watkins signing with the Green Bay Packers. USFL DFS/BETTING TOOLS & PROJECTIONS (10% OFF): https://www.runthesims.com/mayo Use code MMN at Prize Picks for up to $100 deposit match: https://bit.ly/PrizePicksMMN Join Mayo Media Newsletter: https://mayomedia.substack.com/people/32468255-mayo-media Sub to the Mayo Media Network: https://bit.ly/YTMMN Show Index 00:00 Intro 1:07 What is USFL/Depth Charts 6:26 DraftKings Scoring/Rules 9:37 Who is Good? 12:37 Winning Odds 16:35 Week 1 vs Week 4 Projections + Process Content Influence on DraftKings Ownership 25:16 NJ/BIR DK Showdown Picks + Showdown Strategy 32:06 Which Teams do what well? 37:21 Stacking/Lineup Construction 41:03 DST? 42:15 Which Teams to Stack? 46:32 Week 1 USFL Bets 52:28 Sammy Watkins to Green Bay 54:17 USFL on Location Inside Info

Diet Starts Tomorrow
Low Rise Jeans, TikTok Filters & Thirst Traps Ft. Nicole Pellegrino

Diet Starts Tomorrow

Play Episode Listen Later Apr 14, 2022 48:43


Aleen is joined by Nicole Pellegrino, Betches' Director of TikTok and the face behind @betchesbrides. Aleen and Nicole kickoff the episode by filling us in on the very exciting *Betches Secret Project,* which launched 4/12 (go follow @drinkfauxpas for all the deets). Aleen then shares two NSWs - one of which has to do with Betches Canned Cocktails and the other about getting a much needed wardrobe refresh. Nicole shares her NSW about being an introverted extrovert and then we read a listener NSW about jean shorts (summer is coming). Next, they play a listener voicemail about low-rise jeans and why they're triggering for some. Finally, we get into a convo about Julia Fox's love for low-rise jeans, how toxic TikTok filters can be, and a whole lot more. Don't forget to call into the DST hotline with all of your questions, stories and non-scale wins to 212-287-5650‬. 

Can I Interject?
Episode 26 - Oscars, Bakers, and Daylight Time Savers!

Can I Interject?

Play Episode Listen Later Apr 12, 2022 82:52


Welcome back to Can I Interject!This time around:Neill starts us off with a look back at the biggest event in the motion picture calendar: The Oscars! The guys discuss the event's relevance, the changes made to this year's edition, and of course....THAT incident!!Board Game Boulevard -  SkullGregor takes us on a tour of Scottish baked goods. Whether it be savory, sweet, or something in between, there is something for everyone.Daniel finishes the episode off with a visit to 'Pulse of the Nation', a chance to discuss a survey (usually from YouGov). This installment is based on Daylight Savings, and whether it should continue in the UK. You can find us/ get in touch by:E-mail - caniinterjectpodcast@gmail.comWebsite: https://caniinterject.buzzsprout.com/Facebook: https://www.facebook.com/CanIInterjectPodcastTwitter: https://twitter.com/caniinterjectNot As It Seems by Kevin MacLeodLink: https://incompetech.filmmusic.io/song/4144-not-as-it-seemsLicense: https://filmmusic.io/standard-licenseSupport the show (https://www.patreon.com/caniinterject)

Diet Starts Tomorrow
Working Out Too Much May Not Be Good For You Ft. Physical Therapist Shannon Ritchey

Diet Starts Tomorrow

Play Episode Listen Later Apr 10, 2022 52:01


This week Aleen is joined by Shannon Ritchey—physical therapist, fitness instructor, and owner of the online fitness platform, Evlo. Shannon explains how our muscles are all connected, and common mistakes we've probably all made while working out. Shannon then shares how women can maximize their workouts without wearing down their bodies and without focusing so much on how sweaty we're getting. Next, we talk about the importance of planning out your workouts, so you don't overwork your body and the value of taking rest days (yes, multiple!). Don't forget to call into the DST hotline with all of your questions, stories and non-scale wins to 212-287-5650‬.

City Cast Denver
Early Birds and Night Owls Face Off Over Daylight Saving Time

City Cast Denver

Play Episode Listen Later Apr 7, 2022 14:34


Daylight Saving Time. Love it or hate it, it's part of our lives… but if a new law passes in Colorado, it might change our concept of time forever. The bill already passed Colorado's House of Representatives, and now the Senate is considering adopting DST year round, meaning we would never have to change our clocks again. But how would this impact our days? What does it mean for our sunrises and sunsets? And why do our ski resorts care so much about it? Today on the show, host Bree Davies took these questions to our resident weather expert, meteorologist Andy Stein, who researched everything we wanted to know about the fight over Daylight Saving Time.  A whole lot of news broke over the last few days, and City Cast Denver newsletter writer Peyton Garcia has a round-up— read and subscribe: https://denver.citycast.fm/newsletter/ Give us your Daylight Saving Time hot takes via Twitter: @citycastdenver We're hiring a producer to help make City Cast Denver! If you love Denver and know your way around an .mp3, let's talk. Email questions to paul.karolyi@citycast.fm and check out the job listing here: https://citycast.fm/audio-producer-city-cast-denver/ Looking to advertise on City Cast Denver? Check out our options for podcast and newsletter ads at citycast.fm/advertise Learn more about your ad choices. Visit megaphone.fm/adchoices

The Politics of Everything
The Unlikely Success of Permanent Daylight Saving Time

The Politics of Everything

Play Episode Listen Later Apr 6, 2022 37:19


When the Sunshine Protection Act sailed through the Senate this March, everyone was shocked. In a deadlocked Congress that has passed almost nothing, how did a bill about daylight saving time, of all things, make it through? On episode 46 of The Politics of Everything, hosts Laura Marsh and Alex Pareene explore what exactly happened in the upper chamber and look into America's chaotic history of changing the clocks. What does DST's success demonstrate about how our country does politics? Guests include the political scientist Ed Burmila, who's previously appeared on the show, and the journalist Paul McLeod, who wrote about DST for Buzzfeed News. Learn more about your ad choices. Visit megaphone.fm/adchoices

Poll Hub
American Pessimism and Permanent Daylight Savings

Poll Hub

Play Episode Listen Later Apr 1, 2022 23:20


Our latest America Now: National Outlook Index is out, and it shows Americans have turned slightly more pessimistic about the US with the index at 6.4. The biggest factor is concern about the economy, with the economic index at 5.4. Other parts of the index are fairly steady, and we discuss how the index is reflecting the mood of the country.Congress seems to finally agree on something! The Senate unanimously passed a bill to make Daylight Savings Time permanent. But, do Americans agree? We look into what Americans see as the benefits and the dangers of this change.Have you ever woken up from an amazing dream, but just can't seem to remember it? This week's fun fact shows you may not be alone.Make sure to check out the entire America Now: National Outlook Index here: maristpoll.com/america-now-index/

the Profane Argument, atheist podcast
Ep#287: Oscars, GOP, and Religious Nonsense

the Profane Argument, atheist podcast

Play Episode Listen Later Mar 30, 2022 69:45


Follow-up:  Lindsay's focus on religion     @1:24 And then it went stupid GOP goes QAnon More Herschel Walker and Mehmet Oz    @7:30 FL “Don't say gay” bill is law, and press sec spells it out    @12:25 News: Oscars/Will Smith/Chris Rock    @14:07 Chris Wallace     @29:56 Idaho embraces TX-like law    @33:42 Politics: Rep Jeff Fortenberry    @35:38 Trump's e-mails     @37:28 Taliban will Taliban     @41:46 Conspiracies: Ukraine firefighters conspiracy     @45:57 The Catholic conspiracy    @48:34 Religious Nonsense: Jews threaten DST     @53:46 Oldest use of God's name     @1:00:22 Coronavirus:     Dashboard COVID numbers by county  CFI: Coronavirus Resource Center      Help CFI fight the War against COVID Unvaccinated support of Putin    @1:02:25 Alt-Science: Get ready for the ultimate homeopathy excuse     @1:06:24

Sleep Talk - Snapshots
Daylight Saving Time

Sleep Talk - Snapshots

Play Episode Listen Later Mar 30, 2022 11:20


With daylight saving time ending this weekend in Australia, is it time to re-consider daylight saving? Prof Till Roenneberg discusses the pros and cons of daylight saving time. See omnystudio.com/listener for privacy information.

Sleep Talk - Talking all things sleep
Daylight Saving Time

Sleep Talk - Talking all things sleep

Play Episode Listen Later Mar 30, 2022 11:20


With daylight saving time ending this weekend in Australia, is it time to re-consider daylight saving? Prof Till Roenneberg discusses the pros and cons of daylight saving time. See omnystudio.com/listener for privacy information.

Let's Go Live! w/ Lamont King
All Fun & Games: Daylight Savings, The Crop Report, & Kentanji

Let's Go Live! w/ Lamont King

Play Episode Listen Later Mar 28, 2022 32:30


What would Clarence Beeks do?? Do we really need DST?

Parenting Roundabout
Is It Time for Permanent Daylight Saving Time?

Parenting Roundabout

Play Episode Listen Later Mar 28, 2022 13:24


The U.S. Senate's vote to make Daylight Saving Time permanent got us talking about the twice-yearly time change, and whether it really makes kids squirrely or is just a minor inconvenience that's quickly forgotten.

WellSprings Congregation
3-13-2022 The Great Integration - "More Than We Know" - PDF

WellSprings Congregation

Play Episode Listen Later Mar 26, 2022


Rev. Lee begins this sleepy DST morning by reading to us. She reads a story about a leaky faucet, and how the way the leak grew larger felt like a symbol of a person breaking down. She talks about how this feeling might have added to what experts are calling "The Great Resignation." She also leads us through a talking/journaling activity.

WellSprings Congregation
3-13-2022 The Great Integration - "More Than We Know" - Audio

WellSprings Congregation

Play Episode Listen Later Mar 26, 2022 26:32


Rev. Lee begins this sleepy DST morning by reading to us. She reads a story about a leaky faucet, and how the way the leak grew larger felt like a symbol of a person breaking down. She talks about how this feeling might have added to what experts are calling "The Great Resignation." She also leads us through a talking/journaling activity.

Dangerous Sports Talk
DeSean SAVIOR Watson

Dangerous Sports Talk

Play Episode Listen Later Mar 26, 2022 21:16


Been a little minute but Bea Dangerous is BACK with a new episode of DST for you guys!! --- Support this podcast: https://anchor.fm/beadangerous/support

Cast Iron Brains -- A Podcast
Not Designed to Humiliate Anyone

Cast Iron Brains -- A Podcast

Play Episode Listen Later Mar 23, 2022 111:01


A perfectly innocent attempt to make fun of Chuck Todd deranges everything, and we never really recover. We try to escape the wreckage of our Todd-derailed psyches by talking about comfortable and familiar topics, including the Supreme Court, con-man docu-series, bad Floridians, and sportscasters.. Listen, if you must! Has something we said, or failed to say, made you FEEL something? You can tell us all about it on Facebook or Twitter, leave a comment on the show's page on our website, or you can send us an email here. Enjoy!Show RundownOpen — Chuck Todd, a map, and DST make CIB question everything19:11 — New Netflix doc BAD VEGAN40:11 — Supreme Court nomination hearing talk57:05 — Florida's “Don't Say Gay” legislation1:06:42 — In Sweden, the truth is no defense1:16:26 — What counts as a “jury of your peers”1:23:55 — NFL announcer musical chairs1:29:43 — Wrap-up! “X,” The Batman, and Oscar-nominated Drive My Car

Fintech Leaders
Renaud Laplanche, Co-Founder/CEO of Upgrade – Building Two Fintech Unicorns, The Evolution of the CEO Role, & Why your Company's First Hires are Incredibly Important

Fintech Leaders

Play Episode Listen Later Mar 22, 2022 34:38


Miguel Armaza sits down with Renaud Laplanche, Co-Founder & CEO of Upgrade, one of the leading neobanks in the US that was ranked by the Financial Times as the fastest-growing US company in 2021.Founded in 2016, Upgrade has issued over $10 billion in credit to consumers and has raised more than $600 million in equity from DST, Union Square Ventures, Ribbit, Coatue, and many more.In this episode, we discuss:Leadership lessons – Renaud is a serial entrepreneur and fintech OG, who previously founded Lending Club, one of the first fintech companies that went public in 2014 on the NYSE. He shares what he learned from that experience, including the impact of recurring revenue, people management reflections, fundraising strategies, and a lot more.Stakeholder capitalism – why optimizing the bottom line isn't enough for companies and CEOs need to pay attention to multiple stakeholders and demonstrate a positive impact on society.Renaud's take on current investor sentiment for publicly traded fintech companies and why despite the latest downturn, he's seeing high enthusiasm from investors for the fintech sector.Launching crypto-driven products and how Upgrade is helping mainstream consumers dip their toe into crypto… and a lot more!Want more podcast episodes? Join me and follow Fintech Leaders today on Apple, Spotify, or your favorite podcast app for weekly conversations with today's global leaders that will dominate the 21st century in fintech, business, and beyond.Do you prefer a written summary, instead? Check out the Fintech Leaders newsletter and join  31,000+ readers around the world!Miguel Armaza is Co-Founder & Managing General Partner of Gilgamesh Ventures, a seed-stage investment fund focused on fintech in the Americas. He also hosts and writes the Fintech Leaders podcast and newsletter.Miguel on LinkedIn: https://bit.ly/3nKha4ZMiguel on Twitter: https://bit.ly/2Jb5oBcFintech Leaders Newsletter: bit.ly/3jWIpqp

The Bike Shed
331: Git Down

The Bike Shed

Play Episode Listen Later Mar 22, 2022 29:28


Steph celebrates Utah's adoption day and Daylight Savings Time and troubleshoots a CI build time that had suddenly spiked for a client project using TeamCity. She also shares a minor update regarding the work that thoughtbot is doing to scale horizontally and add more machines quickly and efficiently to process more RSpec tests. Chris was alarmed by logs and unknown-unknowns and had some fun using Git down. Git bless his heart! This episode is brought to you by ScoutAPM (https://scoutapm.com/bikeshed). Give Scout a try for free today and Scout will donate $5 to the open source project of your choice when you deploy. TeamCity (https://www.jetbrains.com/teamcity/) lograge (https://github.com/roidrage/lograge) Cleaning up local git branches deleted on a remote (https://www.erikschierboom.com/2020/02/17/cleaning-up-local-git-branches-deleted-on-a-remote/) Become a Sponsor (https://thoughtbot.com/sponsorship) of The Bike Shed! Transcript: CHRIS: Hello and welcome to another episode of The Bike Shed, a weekly podcast from your friends at thoughtbot about developing great software. I'm Chris Toomey. STEPH: And I'm Steph Viccari. CHRIS: And together, we're here to share a bit of what we've learned along the way. So, Steph, what's new in your world? STEPH: Hey, Chris. Today is Utah's adoption day. So officially, one year ago, we adopted Utah. He's about a year and a half years old now because we got him when he was around the six-month mark. So Utah, aka Raptor, which is the nickname that you gave him, and aka UD [spelling] the cutie is his other nickname...which I've forgotten, why do you call him Raptor? Why is that a name? CHRIS: Because there's a Utah Raptor. STEPH: A person? [laughs] CHRIS: No, I think it was like the fossils were found in Utah. But the Utah Raptor is a type of dinosaur. And so when I heard Utah, my brain went to Raptor, and then I dropped the Utah sort of a Cockney rhyming slang sort of thing. Shout out to Matt Sumner real quick. But yeah, Raptor. STEPH: Cool. Cool. Cool. I'm so glad I asked. Now I know. I just accepted it when you called him Raptor. I was like, sure, he can be a Raptor. [laughs] CHRIS: I feel like that says a lot about me that you were just like, okay, why not? STEPH: [laughs] CHRIS: That's different and has no apparent connection to the actual name of the creature, but that's fine. I might be a nonsense person. STEPH: Or me for accepting it. You share a lot of nonsense, and I accept a lot of nonsense. That might be our dynamic. [laughs] So it works out. CHRIS: That just may be our dynamic. STEPH: That's why I'm always so nice with the good idea, bad idea, or even terrible. [laughs] CHRIS: You're like, it's all nonsense 100% of the time, but yeah. So Utah is one year into living with you folks. So that's lovely. STEPH: Yeah, and he's growing up so well. Oh, and I've been training him for one of his latest tricks. I'm very excited because it seems to be really sinking in. So every night, we take him out for his final bathroom potty but then before we go to bed. And one night, for some reason, I started singing The Final Countdown. [singing] It's the final countdown. But I started singing it's the final potty instead. So now, when it's time to go out for the bathroom late at night, I look at him, and I start singing. And I start singing [vocalization], and it's working. He's starting to recognize that when I started singing that tune, he's like, okay, and he gets up from his comfy spot, and we go outside. And it brings me a lot of joy. CHRIS: That is perhaps the best use of Pavlovian conditioning that I've ever heard of. Also, I really appreciate that you both mentioned the final countdown but then said just in case anyone is unfamiliar with the tune, let me hum a few bars. Thank you for doing the service there. STEPH: I have been singing so much this week. I don't know if Joël Quenneville, who I've been pairing with a lot, appreciates that. Sorry, Joël. But I have been singing so much. And I think that's post-vacation vibes. That's what vacation does for you. And it helps you get back into, you know, lots of singing or at least it does for me. Let's see, what else is going on this week? So this is the week that we have DST in the USA, so Daylight Savings Time, aka summertime, where we advance our clocks so everybody...although this is going to be late. So at this point, by the time people are hearing this, you're going to have already dealt with all those bugs that have crept up. But those are creeping up this week, where people are starting to notice a lot of those flaky specs that aren't technically flaky. They're actually breaking for real reasons because they were tested in a way that shows that they're not considering that daytime boundary. CHRIS: It's as if you spend some of your time fixing flaky specs that that's where your mind goes with DST. Because I'm going, to be honest, part of what you're doing right now is telling me that this is coming up, and I didn't know. I had forgotten about that, which is very exciting, except you lose an hour asleep for this one, right? Or is it that you gain? STEPH: We're going forward. Yeah, it's fall back and then spring forward. That's how I remember it. CHRIS: Worth it. I'll take the sunshine at night. STEPH: Yeah, it's supposed to be so we have more sunshine during the daylight hours. That's the reasoning for the nonsense, the headaches. On some more technical news, when I came back from vacation, we noticed that the CI build time has suddenly spiked for the client project where previously we were averaging, I'd say, around 25-26 minutes. There's definitely a range there. But that seems to be pretty consistent. And right now, builds are taking more about 35, sometimes upwards to 45 minutes. And so it's been a bit of who done it or what caused it adventure of figuring out why, what's causing the spike. And so Joël and I have been pairing heavily on that to investigate what's going on and learned a lot of features that TeamCity offers and just diving into this particular issue. One thing that brought me joy is by looking through all the builds that are taking place on TeamCity. As I noticed, there are a number of builds that are using the RSpec selective testing that I added where if you only change a test to then we're only going to run those tests instead of the whole suite. And it was one of those changes where I thought, okay, maybe someone's going to get use out of this. Joël and I will probably get use out of this. But I'm actually seeing it about one every ten build something like that. And I'm just like, oh, this is awesome. One, people are improving tests. That's amazing. And then two, that then they're benefiting especially while we have this spike going on. So that was a suggestion from you that I appreciate because that is paying dividends. And so that brought me a lot of joy while looking into this other issue, which we haven't resolved yet. We think it has something to do with how the tests are being balanced across all the different parallelized processes. And we think that there is an imbalance that has happened. And then that's what's really throwing things off. So we can see that one particular process is taking around 26-27 minutes, but then the next process that's highest in time is only taking 17 minutes. So it's like, why is there suddenly ten more minutes that's being attributed to one process? And why is that not getting spread out? So still looking into that. That's the mystery for this week. But that's mostly what's going on in my world. What's up in your world? CHRIS: What is up in my world? I'm going to say a quite alarming thing happened this week, which was we were investigating some changes, or we were investigating some behavior where the particular portion of the system ended up in the logs, just sort of combing through. And I happened to notice this one log line that...our logs tend to be somewhat verbose. They're JSON-structured log format. I've talked about the lograge setup that we use in the past, but there's a bunch. These are long lines of JSON-structured data. But this line that caught my eye was not. It was just some text, and it said, "Unreported event: and then some other texts." And I was like, ah, what? Who didn't report which to when? I did some digging, eventually figured out that this was Sentry. Sentry was logging that it had not reported an event to us. But had we not randomly happened upon this in the logs, which is sort of a random thing to see, we would have missed this, which is scary. I mean, it was missed for a little while. And so Sentry was not reporting certain events. We had made a change, particularly to Sentry's before_send configuration. So there's a way that you can do some amount of filtering client-side or client being, in this case, our Ruby app. So that's like the client-side of Sentry, and then there's their server backend. So that would, weirdly, that's the way the client-server work in this case. But the idea is you can do some proactive filtering of being like, you know what? Rather than sending a ton of noise...because we know there's this one error that we can't stop for reasons. It's a JavaScript Chrome extension that's getting embedded in the app. That doesn't mean anything; that's just noise. Rather than even sending those over to Sentry, let's proactively filter them out. before_send is a function within the Sentry SDK that allows you to do this. But it turns out if you raise an error in there, if you happen to have introduced something that doesn't cover all the possible edge cases, then Sentry will just not let you know and will log, interestingly, that they did not report the event. I'm going to throw it out there that I would love if Sentry were to say Sentry me...that's where I put something very bad happened, and you should look at it. And they're just like, well, something pretty darn bad happened. We'll log it. Supposedly, my understanding is before_send can be used to filter out like PII or other things like that. And so their failure mode is quiet intentionally. That's my understanding as to maybe why this is true. I wish there were configuration that said, no, please fail as loudly as humanly possible. But that was terrifying. STEPH: Yeah, absolutely. I'm going to piggyback on what you just said for a minute because I was also thinking earlier and related to the sudden spike in our CI builds where I was like, it would be really nice if there's...because I suspect there's one particular change that has caused this to happen. I don't know what it is yet, but that's just my suspicion. And it would be great if when that build ran, let's say that build went from an average of 25 minutes and suddenly we have a build that took 35 minutes if TeamCity had alerted us or if something more aggressive had to happen to say like, "Hey, your team..." or maybe it's just in the logs somewhere. Okay, not in the logs somewhere more visible on the build where it's like, "Hey, your build took an extra 10 minutes compared to the average, just letting you know. I don't have a diagnosis for you, but we're just letting you know." So yeah, plus-one to getting those types of alerts out to people and notifying us when there's an average that's not being met or when things aren't getting logged like you'd expect them to. CHRIS: As part of what we were doing in the logs...like how to get to that anomaly detection place is a really interesting question in my mind. And this is a case where we were in the logs, and we wanted to instrument more things. So we have a bunch of stuff right now that goes in. It's either a warn or error log level. And the error should be pretty rare because, ideally, those are going to Sentry instead, but we still want to keep an eye on them. But we introduced a new search within log entries, which is what we're using for logging aggregation and searching. And the idea was to group all warn-level messages and to group it on the message string. So ideally, what this allows us to do is say, "Oh, we've seen 200 instances in the past two days of this new warning that we didn't see before." The difficulty is, as a human, I would see unhandled error blah as one bucket of warning, or I might want to see it that way. I might want to group it on part of the message. So it becomes really hard to find the signal in the noise on these, but at least it was a start. We now have this little graph for both warning and error-level log messages that we can see are there any new anomalies that are occurring pretty regularly? But this, again, was just this weird edge case where we were lucky to catch it. But it was very scary that it was just throwing stuff away. So the universe might have been true that our error log did get a little quiet for a little while, which was nice, but it wasn't 100%. It wasn't like we were at 10 hours, an hour, and then we went to zero. It was like some, and then we went to a lower number because we were still getting some. We were only filtering out certain ones. But yeah, it's how do you know at runtime that the system is doing the thing? This is increasingly the question that I have in my mind. But yeah, so that was the thing. We fixed it. It's fixed now. I also set up an alert in log entries to say, "If you ever see this particular phrase again unhandled or unreported," then please tell me about that post-haste. So we've got that now. STEPH: That's perfect. That's what I was about to ask us if there's a way that you could add a filter or add a warning for that anomaly detection. So that sounds great. CHRIS: I've got that now because this became a known-unknown, but there are still the unknown-unknowns, and there are so many of them. And I can't know them is my understanding of how they work. I would love to know them. I would love to pin them down and be like, "Hey, what are you doing here?" Someday maybe. But anyway, that was the thing in my world. [laughs] It was fun. It was a great little time. What else is up in your world? STEPH: I feel like you can always judge the level of fun based on how high someone's voice goes. No, it was fun. It was great. It was fun. [laughter] CHRIS: I believe that is an accurate assessment, yes. STEPH: I've caught myself doing that. I'm like, my voice is extra high, so I don't think I really mean that when I'm using the word fun. [laughs] Mid-roll Ad Hi, friends, and now a quick break to hear from today's sponsor, Scout APM. Scout APM is an application performance monitoring tool that's designed to help developers find and fix performance issues quickly. With an intuitive user interface, Scout will tie bottlenecks to source code, so you can quickly pinpoint and resolve performance abnormalities like N+1 queries, slow database queries, and memory bloat. Scout also recently implemented external service monitoring, adding even more granularity when it comes to HTTP requests and API calls. So give Scout a try today with a free 14-day trial and experience first-hand why developers worldwide call Scout their best friend. And as an added bonus for Bike Shed listeners, Scout will donate $5 to the open-source project of your choice when you deploy. To learn more, visit scoutapm.com/bikeshed. That's scoutapm.com/bikeshed. I do have a small update that I can share regarding the work that we're doing to be able to scale horizontally. So we want to be able to add more machines quickly and easily so we can then process more RSpec tests. And we have discovered with TeamCity that we're pushing forward on that particular path because they have something called a composite build. And with a composite build, it's essentially your parent or your supervisor build. And then, from there, you can create other subsequent builds. So we can then say, all right, let's have multiple builds that then run the RSpec test, and then we can separate in that way. And right now, we're going about it in the hacky way because we just want a proof of concept. So we are saying specifically in this particular step, we want you to run spec models. And in this other process, we want you to run these particular tests just because we want to see how this works. And so far, the aggregation seemed great. So when you look at that composite parent build, it's showing you how each of those builds are doing. It's also reporting back the failures. It's even de-duping them. Because initially, we set it up where we were running the full test suite in parallel on both of these builds, [laughs] not what we wanted, fixed that. But it did highlight that it was de-duping the test failures. So that part was nice. So the UI seems great and seems quite very capable of doing this. Composite build seems to be the way that we can do this with TeamCity. But we're still diving into actually getting the metrics like, okay, how much is this actually going to speed us up? And what does this look like if we want to be able to scale up to say from 5 to 10 where we went from 5 machines to 10 machines? And that part doesn't feel graceful because then you have to go in and change the configuration and copy the configuration to then add a new build that then is going to process RSpec test. So other services like Buildkite make it very easy. I can't remember if it's like literally a slider or if it's a number that you enter. But you can say, "This is how many processes that I want to run," in which it would be a lot nicer for that actual scaling. Versus TeamCity, it feels far more manual and intentional where you then have to duplicate and add those settings. But it's a really good first step because, as we'd highlighted before, there's a lot of risk in moving over from an existing infrastructure to something totally new. So if we can have some wins with this approach and help out the team and reduce build time, then that gives us more grace period. So then we can assess, okay, do we really want to move over to Buildkite? What do we want to do next? What does this look like? And have further discussions. So that's a small update there. Next time I should have some more updates around actual data on how things are looking. CHRIS: Oh, cool. Yeah, I appreciate the update and definitely interested to hear how this continues to play out. This is a large project that you're undertaking and all the facets and whatnot, so yeah, super interested to hear the continued journey of the test build time reduction. Let's see, other news in my world. I've been exploring something that I'm intrigued by the idea. Let's go with that. [chuckles] That's going to be my start. I always start with these lead-ins that build things up too much. But I am finding a small tension in trying to just keep up with what the team is doing, which is a wonderful place to be. Our team is growing. We actually have someone new joining tomorrow, very exciting. But I'm trying to find the right version of I don't want to block things. I don't want all code review to have to go through me. But I do want to keep an eye on everything. I want to kind of know what we're doing collectively. And ideally, mostly, that's me being like, yep, that makes sense. We're doing that. I remember that, cool. Wait, what's this? And rarely, occasionally, there'll be a point where I'm like, oh, I want to intervene here. I want to have a conversation. I want to rethink how we're building this. And so it's moving from a place of any sort of blocking synchronous review or the necessity for that to ad hoc post-review sort of thing. And so the way that I'm trying to poke around with this, of course, I'm writing some code to do it because of me. So the two systems that we're using that seem most of interest are GitHub and Trello. And so it turns out GitHub has a wonderful search, and I can create a search that is parameterized like create a URL that jumps into a parameterized search saying, "Show me everything that was merged in the past X amount of time, " so I can say the past two days because I haven't checked it in two days. So I'll see all of the PRs that were merged, and some of them I'll have already reviewed. So I maybe could even filter further there. But for anything that I haven't seen, I'm like, oh, what was this? What was that? What was this other change? Similarly, on Trello, there's a way via the API to get all of the card update actions. And then I can filter down to say whenever a card was moved, which in our system that means...we're doing Kanban-style, so a card being moved from this column to that column that tells me that someone is progressing forward with some work. And then I can further filter down because, again, I don't really want to be blocking on this. I'm most interested in what have we done or completed in the most recent timeframe. And thus far, it's an interesting data set. And it's an interesting way to switch the problem around such that I'm not feeling...there was FOMO or organizational FOMO is perhaps how I would describe it of like, I want to try and keep an eye on stuff and make sure I'm responsive. But I'm now blocking, so I have to step away. But now I'm worried that I'm missing things. And so I'm trying to find that good middle spot. And this feels like an interesting exploration of that. STEPH: I'm intrigued when you mentioned the card moving over, so then you can tell things are progressing. And then you're answering the question of what did we do in this particular chunk of time? When you move stuff over, is there a clear sweep of we have finished this sprint, and then you have the date of that sprint at the top, and so then you essentially have a column that represents all the work that was done in that sprint? Is that an approach that you're using? Because that's the one that immediately came to mind for me when you're wondering what was accomplished during this week or two-week period? CHRIS: Interesting question. So we're not really doing sprints, or there are no real iterations. We're doing more of the I think Kanban is the way to describe it. But basically, we have a prioritized next up column. And then every day, I can say continuously, the work has the same shape, which is pick up the next most important thing, work on it, move it through the various columns. I did introduce in Trello just the idea of, like, here's a month, so we can see by month what we're doing, but that's too low granularity in my mind. I want to review it a month at a time. The whole point of this in my mind is to see stuff as it's happening vaguely in real-time but not requiring me to constantly be monitoring everything. So it gives me an opportunity at the end of the day to be like, what happened today? What do we do? But yeah, so there's no real sprint that I would couple this to because we're not really doing sprints. STEPH: Got it. Yeah, that gives me more context. I understand why you're then looking for ways as to how to answer that question of, like, what did we accomplish in this week or a particular time period? CHRIS: And to name it, this is not an intention on my part to be like, I need to control everything. I need to make all the decisions. I very much want to empower the team. And in my mind, this is actually a mechanism to empower the team. I want to give them more freedom and then have the opportunity occasionally to check back in and be like, oh, actually, there was some context that was missing here the way we did this. Let's actually unwind that, do it this other way for these reasons. But it gives me the ability to potentially have that conversation after the fact. We're trying very hard to have the tickets be as representative and complete, and well documented as possible. But that's very difficult to get to. And there are also things that I don't even know to mention. Again, I think the critical bit is this is not an attempt to make sure everything aligns with what I think; it's more I want to empower the team to move without me most of the time. And then, where there are things that potentially should have a small conversation or a redirection, then we have the ability to do that. And so, I'm trying to build that back into my workflow while basically loosening up my connection to the work in progress at any given point in time. STEPH: So you just touched on a topic that's really interesting to me or a particular space. You're doing a very kind thing where you want tickets to have lots of context so that people feel confident when they're picking up what's the action item to be done. And for someone that's new, that's incredibly helpful, and I think more important since they are new to that world. But in general, my spicy take of the moment is going to be as developers; that's part of our job. If we notice that context is missing or if we're not clear about the action item, is to think through what is it that I'm missing? Who do I reach out to? Who can I go to for help? How can I scope this work? All of that, to me, is very much part of our role. And the idea that tickets always have to be perfectly curated, which I don't think you're saying, but you're just trying to be extra helpful. But if someone were to have that expectation, I think that expectation is wrong. And I do think it is part of our work that then we help make sure that tickets are well-scoped and well-defined and have those conversations with the people creating the tickets or creating them ourselves. CHRIS: I love the clarification there, and I'm definitely in agreement with you. I don't know how picante of a take it is. I would be intrigued. Listeners, let us know. Are we breaking your mold of what things should be? But I do like the idea that it is a conversation so back and forth. And so the idea that as developers, there should just be this very clear list of things to do and you just kind of pick up a card and heads down, just get it done, I don't think that should be the mold. But I do think; ideally, the why is the most important thing that I think should be in a card. So ideally, a card should have little in terms of technical implementation notes and should have more in terms of here's the goal that we're going for, here's the problem, or here's the thing that we're trying to solve. And then maybe a suggestion of like, I think it could be an X, Y, and Z, but I'm not sure. Or we want to be able to send transactional emails, but I don't know any more than that. Our goal is to engage users. Like that last sentence, that last little bit of our goal is to engage users is a critical, critical data point, versus our goal is to solve for a regulatory and compliance issue. It's like, well, those are different. And they will lead to different solutions and different implementations and all that. So yeah, I definitely share the idea that cards don't need to be perfectly specified. And if anything, I think I'm closer to that than it probably sounded like I was. But for that reason, it's totally possible in my mind, that work will be done in a way that after the fact, I'm like, "Oh, sorry, there was a misunderstanding here. Let's revisit this work." And so, my goal is to try and stay connected and have a feedback mechanism at the end of the process. So when the work is done, be able to spot-check it rather than trying to have to watch it as it's happening or proactively define everything in excruciating detail such that exactly the right things happen all the time. So I'm moving to a place of ask forgiveness, not permission. That's the wrong analogy here. But that idea of like, we can clean it up after the fact, that's fine. And we don't need to try and prevent any sort of things, or at least that's what I'm exploring. STEPH: Yeah, I love that you highlighted having the why. I adore that when that's on a card just because I then I want to know the goal because then that's going to help me ask questions and think about scoping versus if it's like a very specific implementation, then I feel so narrowly scoped that I don't feel as confident that I can be like, okay, I know why I'm doing this versus I just feel very directed to do a thing, and that's incredibly helpful. I have also felt the pain that you're mentioning where it does feel like a ticket has all of the work clearly defined, and the goals, and the whys, and it can have everything there, but just something gets lost in the communication. And so someone implements something in a way that is how they interpreted the work versus it's not actually what the ticket or what the goal of the work was to be done. So I appreciate that where you are looking for ways to tweak things to make sure that whoever is picking up that ticket will have the same interpretation that the author intended for them to have. And then if that does happen, and things get misaligned, then you chat and figure out ways to improve it. I think that's the point that I was really thinking about, and my air quotes, "hot take," is that as developers, a big part of our job is communication, and then also sharing the knowledge that we have with other people. And so if someone is expecting that they can just always pick up work and never talk to someone, I don't know, maybe you're in the wrong business. [laughs] That's my hot take. CHRIS: I, for one, like the hot take. It is nice and ever so slightly spicy. STEPH: Thanks. Yeah, I just think communication is incredibly important. Earlier, you mentioned, I don't think we were on mic at the moment, but you mentioned something about a new Git alias. And I am very intrigued on hearing about what you've added, what it does, all the details. CHRIS: All the details, that's probably too many, but some of the details I can certainly provide. So I have two new Git aliases; one is Git gone, which is probably the heart of the whole thing. And so the background of this is I found myself pushing the green merge button on GitHub more. We've introduced some branch protection stuff, which I've talked about in previous episodes. And I dream of the day that one of my good, good friends at GitHub will give me access to the merge queue beta. Please, please, I implore thee. But in the interim, still clicking the green merge button more often than not. STEPH: Wait. I have to ask to help you in this dream. Are you forwarding these episodes to someone? You can just take a clip of you saying, "Please, please, please give me access," [chuckles] and just forwarding that or mentioning someone at GitHub or GitHub in general. CHRIS: Just leaving voicemails for people with a Bike Shed section of me begging for access to the merge queue beta? STEPH: Yeah. [laughs] CHRIS: No, I'm not. But maybe I need to up my game. You're right. [laughs] Someday, I'll get there. And that will only exacerbate this issue that I'm feeling, which is again, I'm clicking the merge button. That's what's happening. And as a result, that means my local branch is now like it's done its job. You've served me well. And in the Marie Kondo sense, I need to hold you up, thank you for your service, and then let you go. But I obviously wanted to automate that. So Git gone does that automation, and it was fun. So I found a blog post which we'll include in the show notes, that had most of the pieces here, but it was still fun to play with the shell pipeline in a way that I hadn't in a while. So it does a Git fetch and then git-for-each-ref with a particular structured format that references the upstream of the branch then uses awk to search for the word gone. Because Git, if you print it out in this particular way using this format, it will say the local branch name and then the upstream. But if you've deleted the upstream, it will specifically say (gone) in brackets, so you can actually use that to filter them down. And then I pipe that to git branch-D so..well, xargs of course. I love a little shell pipeline. As an aside, these are fun little things to build up. So that is Git gone. And then the other one that I have is Git down, which is what I use more. And Git down works on top of Git gone, so it's Git checkout main and and Git pull and and Git gone. But that means I get to type Git down into my terminal whenever a branch happens to get merged in the upstream land. [laughs] STEPH: [laughs] Oh, that's adorable. I love it. I like the Git gone, and yeah, I like the Git down just for fun. You are inspiring me where I now really want a Git bless your heart that's like maybe a Git blame or a Git revert. [laughs] CHRIS: I've definitely seen people do Git praise as an alias for Git blame. STEPH: That's nice. CHRIS: But Git bless your heart is...ooh, I love that. STEPH: [laughs] I might have to add that just so I can type it, and then someone can say, "What are you doing?" [laughs] Cool, I love it. CHRIS: Little things, little fun bits to add to your day and to automate and have a little fun while you're at it. So that's where I'm at. STEPH: All about the communication and fun. That's what I'm here for and the singing. Let's not forget the singing. CHRIS: And the singing, of course. STEPH: [singing] On that note, shall we wrap up? CHRIS: Let's shall. Oh. STEPH: [laughs] CHRIS: The show notes for this episode can be found at bikeshed.fm. STEPH: This show is produced and edited by Mandy Moore. CHRIS: If you enjoyed listening, one really easy way to support the show is to leave us a quick rating or even a review on iTunes, as it really helps other folks find the show. STEPH: If you have any feedback for this or any of our other episodes, you can reach us at @_bikeshed or reach me on Twitter @SViccari. CHRIS: And I'm @christoomey. STEPH: Or you can reach us at hosts@bikeshed.fm via email. CHRIS: Thanks so much for listening to The Bike Shed, and we'll see you next week. ALL: Bye. ANNOUNCER: This podcast was brought to you by thoughtbot. thoughtbot is your expert design and development partner. Let's make your product and team a success.

Redeemer Fort Wayne Sermons Podcast

Lent 3 Oculi March 21, 2022 A+D St. Luke 11:14-28 In the Name of the Father and of the +Son and of the Holy Spirit. Amen. We don't actually know that much about demons. Pretty much everything that we do … Continue reading →

Brad & Will Made a Tech Pod.
Special Episode: Return of Manhattanhenge

Brad & Will Made a Tech Pod.

Play Episode Listen Later Mar 21, 2022 79:35


The United States Senate proved to be full of Tech Pod listeners this week as it passed a measure to make Daylight Savings Time permanent. But wait, did they pick the right time? This week we're reissuing our in-depth DST explainer from last Fall, complete with a new intro looking at what's going on in Congress, musings on overnight-flight and time-zone nonsense from our past and present, some feedback from a chronobiologist we received about our original episode, and more.SHOW NOTESThe two Washington Post pieces referenced in the new part of this episode:Senate plan for permanent daylight saving time faces doubts in the HousePermanent standard time is better than daylight saving, sleep experts sayAnd the links from the original DST ep:A cartographer makes maps to argue for ending DST altogether: https://www.bloomberg.com/news/articles/2015-11-25/these-maps-prove-that-daylight-saving-time-is-the-actual-worstStats on DST and traffic accidents: https://www.sciencedirect.com/science/article/abs/pii/S002243751000112XWhere all 50 states are at with DST legislation: https://www.9news.com/article/news/nation-world/daylight-saving-time-bill-status-all-50-states/507-25ff8777-63bc-423f-895d-22f5a3d5d28cInfo on the famed Manhattanhenge: https://www.farmersalmanac.com/manhattanhengeSupport the Pod! Contribute to the Tech Pod Patreon and get access to our booming Discord, your name in the credits, and other great benefits! You can support the show at: https://patreon.com/techpod

Open Source Security Podcast
Episode 315 - Who even makes all these terrible decisions?

Open Source Security Podcast

Play Episode Listen Later Mar 21, 2022 33:22


Josh and Kurt talk about Microsoft accidentally letting us find out about ads in file explorer. Changing your clocks sucks. And touch on some of the security implications of the Russian invasion and sanctions. There are a lot of security lessons we can all learn. Mostly what not to do. Show Notes Ads in Windows Filemanager Russia running out of storage Russia threatens to nationalize industry Onagawa Nuclear Power Plant Cockcroft's Follies German government advises citizens to uninstall Kaspersky

The NewsWorthy
Special Edition: Hate Changing Clocks? Here's Why We Do It

The NewsWorthy

Play Episode Listen Later Mar 19, 2022 13:35


It's been almost a week since Daylight Saving Time began. Why we do change our clocks twice a year? Polls have shown most American adults don't like it. The Senate just easily passed a bill to stop the practice of changing our clocks, although if it actually becomes law, it would be up to the states whether to stay on Standard Time or switch to Daylight Saving Time year-round.  Today, we're sharing a bit about DST's past. Here to break it down for us is the man who wrote the book on time, Dr. Mike O'Malley. He's the author of “Keeping Watch: A History of American Time,” and he teaches history at George Mason University. O'Malley explains why the very idea of a man-made clock was controversial in the beginning, how it evolved into the practice of changing our clocks twice a year, and some pros and cons of it all. This episode is brought to you by Indeed and Masterworks.Art/newsworthy Get ad-free episodes and support the show by becoming an INSIDER: www.theNewsWorthy.com/insider

Science Night
Face 2 Face with Dr. Richard Sherwood

Science Night

Play Episode Listen Later Mar 18, 2022 60:45


This week we're talking to paleontologist turned anatomist and craniofacial researcher, Dr. Richard Sherwood, from the Univ. of Missouri. He tells us all about the path that brought him to his current work, and an approach to work-life balance that we should all listen to. In the news, we solve daylight saving time. We also talk about sunken ships, de-extinction debacles, and dino disagreements. It's a jam-packed episode that you won't want to miss a second of! Your Hosts] James Reed (https://twitter.com/James_Reed3) Steffi Diem (https://twitter.com/SteffiDiem) Jason Organ (https://twitter.com/OrganJM) Our Guest Dr. Richard Sherwood (https://twitter.com/richsherw) is a biomedical scientist with a specialty in human craniofacial biology, growth and development, and quantitative genetics. He holds degrees in Anthropology (U.C. Berkeley) and Biomedical Sciences (Kent State University). He is a Professor in the Department of Pathology and Anatomical Sciences at the University Of Missouri School Of Medicine. Prior to his current appointment, he held positions at Yale University, The Pennsylvania State University, University of Wisconsin, and Wright State University. His NIH-funded research focuses on creation of individualized predictive models of craniofacial growth designed to assist clinicians in identification of optimal treatment timing. Dr. Sherwood has managed several NIH-Funded projects investigating the genetic and environmental influences on craniofacial form in two human populations. One NIH-Funded project in the US and one in a remote area of Nepal. Dr. Sherwood has also researched non-human primate model (baboon) for craniofacial biology. He is active in a number of studies on childhood skeletal growth, development, and bone accrual. Credits Editing-James Reed Mastering- Chris Goulet Music: Intro and Outro- Wolf Moon by Unicorn Heads | https://unicornheads.com/ | Standard YouTube License Lyra Mortis by Loopop | https://www.youtube.com/channel/UC-RA5BzE_BnZhf5iVdNF1hA | Standard YouTube License Additional Sounds- Inside a Computer Chip by Doug Maxwell |https://www.mediarightproductions.com/ | Standard YouTube License Steffi Remix music by James Reed lyrics by Steffi Diem The Science Night Podcast is a member of the Riverpower Podcast Mill (https://riverpower.xyz/) family

Best of Columbia On Demand
Wake Up Columbia with Branden Rathert Wednesday 3/16 6a

Best of Columbia On Demand

Play Episode Listen Later Mar 17, 2022 30:16


00:00 The US Senate passes a bill to end Daylight Saving Time-related clock changes in 2023 14:00 State Rep Chuck Basye on DST

The Internet of Things Podcast - Stacey On IoT
Episode 363: How will DST affect the IoT?

The Internet of Things Podcast - Stacey On IoT

Play Episode Listen Later Mar 17, 2022 60:06


This week, the U.S. Senate passed a bill that would make it possible for states to use Daylight Saving Time all year round, so we discuss what it means for IoT devices and whether or not it will be a return to Y2K. For current crises, we cover China's latest COVID outbreak and what it … Continue reading Episode 363: How will DST affect the IoT? The post Episode 363: How will DST affect the IoT? appeared first on IoT Podcast - Internet of Things.

#Millennial: Pretend Adulting, Real Talk
S8 Ep10: The End of Clock Changes?, Disney and Don't Say Gay, Faking Your Own Kidnapping

#Millennial: Pretend Adulting, Real Talk

Play Episode Listen Later Mar 16, 2022 73:48


Is Daylight Savings Time about to become permanent? Does this mean Laura will stop bitching twice a year about the time change? As part of our biweekly check in on the war in Ukraine, we touch on some of the lesser acknowledged stories of racial and ethnic minorities in Ukraine, and how this crisis has unfolded for them. In response to the continued conflict, Disney, Sony, Warner Bros, and Paramount all announced that they were halting future theatrical film releases in Russia.  Despite Disney being quick to take a position on the current Russian invasion of Ukraine, their response to Florida's 'Don't Say Gay' bill has left a lot to be desired. #Millennial shares EXCLUSIVE audio clips of Disney's official response to the controversy. A new report out of Pew Research Center indicates that an increasing number of Americans view single-motherhood and unmarried cohabitation has 'bad for society.' We respond, and wonder why these viewpoints are increasing despite single-motherhood remaining stable and cohabitation becoming increasingly normalized. WTF News returns to tell the story of a woman who faked her own kidnapping to go hang out with her ex for three weeks. Why didn't she just take an unplugged vacation? Is Andrew's toxic trait wanting to fake his death to see how we all react? This week's recommendations will make you feel informed! Check out this resource to see how DST impacts you (Andrew), go to the dentist if you have been avoiding it during covid (Laura), and 'Abbott Elementary' (Pam). This week's episode is sponsored by Apostrophe (https://www.apostrophe.com/MILL and use code MILL to get your dermatologist crafted treatment plan for $5!) Support #Millennial by supporting our sponsors! And in this week's installment of After Dark, available on Patreon: It's an 'am I the asshole?' edition. We've pulled a few scenarios from the popular subreddit, and we're here to judge these random people on the internet. If your ego is threatened, is it helpful to ruin a family dinner over it? What are you actually accomplishing by making a child cry over Pokemon? Should an ex-friend with benefits be invited to the wedding?

Jesse Lee Peterson Radio Show
3/16/22 Wednesday, Hour 1: Woman of the Year… is a Man?

Jesse Lee Peterson Radio Show

Play Episode Listen Later Mar 16, 2022 60:00


Is Jesse an African American?...; Woman of the year…; Marcellus from Denver, CO thanks Jesse for the message. He says he forgave and speaks on his life since then. Gordon from Florida says bible advises to stay with parents until married. — Back to Gordon… Bee from Florida says she shared JLPs videos with a black woman. Ruben from NYC asks Jesse if he has heard of the term holy fool. DST permanent?...;

The Buttonista
Seedless Lemons

The Buttonista

Play Episode Listen Later Mar 15, 2022 44:26


Thank GOD it's Tuesday! We're well past Daylight Saving Time now for all of you DST haters, lovers or those who are part of the Extra "S" police, who step into full enforcement any time a little letter gets added to pluralize something WITHOUT PERMISSION from the holy dictionary dot com. This week, The Buttonista is embracing her inner woman and getting into some feminine talk that'll make some listeners want to increase the speed to 1.5 or 2x to make it past that and into the other good stuff.EPISODE NOTES:Nobody Asked Me, But... (1:16)Thoughts on Daylight Savingsssss.... (2:15)Officially back on the emotional rollercoaster of being a girl (6:50)A bone to pick with phone holders (16:23)Eye twitch update upon request (22:22)Don't show the UPS guy your "O-face" unless it's the hot one on Two Buttons Deep (34:08)Seedless lemons and dressing for the weather you want (37:25)Best enjoyed with a Miller Lite.

Professional Contestants
ProCo 194: The Joker Named Fran - Extreme Dodgeball

Professional Contestants

Play Episode Listen Later Mar 14, 2022 66:56


You may love it. You may hate it. Either way, we can all agree that dodgeball played an important roll in creating some formative memories from our younger years. But how much should change when it becomes a pro sport? Is it worthy of being a sport, or is it just a gym class time killer? Should Fran Drescher be the next Joker? These questions and more are not answered, but hotly debated in this episode! Zach doesn't want very many dodgeballs, Jared wants so many dodgeballs, and Adam gets actaully exasperated. Talking Points Include: Daylight Savings Scam, Hellbruary, Dream Coaching, Ancient Dodgeball, Home Brew Dodgeball Rules, The Danville Community Middle School Dodgeball Tournament, How Many Balls is Too Many, Every Joker Ever

Northpoint Austin
Restless

Northpoint Austin

Play Episode Listen Later Mar 13, 2022 35:20


It's the beginning of Daylight Saving Time, so what better opportunity is there to talk about time? DST was created so we would have the appearance of more time, but does anyone actually feel more productive or rested this week? The irony is the seasons and cyclical rhythm of the earth don't change because we label it. The concept of cycles and rhythms is part of creation.

Let Me Google That
Permanent Daylight Saving Time

Let Me Google That

Play Episode Listen Later Mar 13, 2022 4:49


Some places do permanent Daylight Saving Time (DST), which means no clock setting ever! But many experts don't think it actually makes any difference since we never adjust to DST anyway.  --- Support this podcast: https://anchor.fm/letmegooglethat/support

This Matters
A scientist makes the case against Daylight Saving Time

This Matters

Play Episode Listen Later Mar 11, 2022 22:45


Guest: Patricia Lakin-Thomas, York University professor It is time to spring forward! Daylight Saving Time begins this weekend. Clocks shifting ahead an hour on Sunday not only may make you feel a little tired, it's a much bigger deal than you may think.  To some scientists, changing the time twice a year — which is not done in large parts of the world — is one of the world's biggest experiments, and generally points to negative outcomes like an increase in heart attacks and traffic accidents. The problems don't end there and thus, there are movements to abolish it. Today we speak to Patricia Lakin-Thomas, a York University biology professor who runs the Clock Lab.

Diet Starts Tomorrow
Thoughts While Picking At The Bread Basket Ft. Jared Freid

Diet Starts Tomorrow

Play Episode Listen Later Mar 6, 2022 61:34


This week, we're celebrating our 300th DST episode with Jared Freid, aka Betches fav stand-up comedian and the cohost of U Up? The episode kicks off with us reminiscing on how far we've come over the years. Then, Jared tells us a story about at v fancy dinner he had, he got in a fight with the "bread basket" (bread baskets > fancy crackers) and how one drink brought him down a food delivery rabbit hole. He then gives us updates on his wellness journey - shout-out to Jared's wellness glam squad: @alixturoff_rd, @forzag and @gordonstylehouse__ . Finally, Aleen & Jared answer some listener questions and then Aleen's set the mood of the week. Fair warning: you will be hungry after listening to this ep.