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Election Night gets wild as Gary opens the show with a rant about the California State Board of Equalization before turning to wall-to-wall primary election coverage across California and the nation. Polling expert Paul Mitchell joins the studio to break down prediction markets, political betting, and what the data is telling us about tonight’s biggest races. Meanwhile, mayoral candidate Spencer Pratt’s planned “intimate gathering” turns into a media circus when reporters crash his family dinner, and our team checks in from campaign watch parties and polling locations throughout Southern California. From a motorbike mishap at a Woodland Hills polling place to updates from Steve Hilton’s gubernatorial camp and Mayor Karen Bass’s election-night headquarters, we bring you the sights, sounds, and surprises of a fast-moving election night. Join Gary and Chris for expert analysis, live reports, unexpected moments, and all the drama unfolding as voters decide the future of California politics.See omnystudio.com/listener for privacy information.
Call to OrderRoll CallProof of NoticeHear Citizens PresentBoard of EqualizationCertification and Adoption of 2026 Property Assessment RollMayor & Assembly Discussion ItemsAdjournmentPacket
On this podcast Dominique focuses on stuff like State Board of Equalization and other races you may not be familiar with. We also pay tribute to El Haj Malike El Shabazz on his 101st birthday.
Keith explains how to increase real estate cash flow by appealing and reducing property taxes. Then welcomes high‑energy real estate investor and educator Thach Nguyen. Thach shares his refugee‑to‑multimillionaire story, breaks down his roadmap to retiring with rentals, and explains how ADUs (Accessory Dwelling Units) are transforming both investor returns and affordable housing—especially in Seattle. Resources: Follow @ThachNguyen on Instagram and all major social platforms. Episode Page: GetRichEducation.com/602 For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com GRE Free Investment Coaching: GREinvestmentcoach.com Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments. For predictable 10-12% quarterly returns, visit FreedomFamilyInvestments.com/GRE or text FAMILY to 66866 Unlock truly passive real estate income—visit flockhomes.com/GRE today to see if your properties qualify for a 721 exchange with Flock Homes. Will you please leave a review for the show? I'd be grateful. Search "how to leave an Apple Podcasts review" For advertising inquiries, visit: GetRichEducation.com/ad Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— GREletter.com Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Complete episode transcript: Keith Weinhold 0:01 Welcome to GRE. I'm your host. Keith Weinhold, talking about how to increase your cash flow by obtaining a successful appeal and reduction in your property taxes. Then real estate personality Thatch Nguyen and I discuss mindset and some creative real estate techniques today on get rich education, Keith Weinhold 0:23 the same place where I get my own mortgage loans is where you can get yours. Ridge lending group and MLS, 42056, they provided our listeners with more loans than anyone because they specialize in income properties. They help you build a long term plan for growing your real estate empire with leverage. Start your prequel and even chat with President chailey Ridge personally while it's on your mind, start at Ridge lending group.com that's Ridge lending group.com Speaker 1 0:57 You're listening to the show that has created more financial freedom than nearly any show in the world. This is get rich education. Keith Weinhold 1:13 Welcome to GRE from Mount Holly New Jersey to Hollywood, California and across 188 nations worldwide. I'm Keith Weinhold. This is get rich education, and I'm still not wearing Dockers, and I am in Hollywood, California today. More on that later. Among all the major investment classes when it's bought right real estate is the second safest investment class to bonds. Bonds are the safest among them all. Real estate has the highest returns, so it's the second safest and has the highest returns. And that's why it's our focus on this show. But if you want to be in real estate for two years or less, well, then it's likely best to invest elsewhere, at least with long term rentals, because you need time to defray your transaction cost. And for real estate pays five ways to start compounding. Coming up shortly, it's pretty popular real estate personality Thatch Nguyen. He will be here, and I did not know Thatch until recently, when we were introduced by our mutual friend Scott Saunders. And Scott, who I had on the show here a few years ago, is one of the nicest guys you'll ever meet in real estate. Well, besides those high return, low risk real estate attributes. Of course, when you own property directly, you also get a big measure of control if you want it. Now, control comes really with that option A lot of times to get involved and make your real estate investing less passive, just an option, because successful real estate can be as simple as buy and hold, but today we're discussing strategies. If you want to get a little hands on, if you so choose, you can attempt a successful appeal of the amount of property tax that you're paying. And of course, every dollar that you lower your property tax is $1 where you increase your income. And this feels like a germane conversation, since tax day in the USA was just last week. Ah, yes, property tax, hmm, it's like a version of the government charges you rent on your own property in perpetuity. That's what it is. And before I get into how to potentially get your property tax lowered, property taxes are under pressure. Some states are still making their serious push to completely eliminate the property tax, namely in Florida, Texas and Indiana. Those are three of the front running states, probably the big three. And I won't get into all of that again, because I devoted an episode segment to that topic a few months back. Others are considering elimination too, Georgia, North Dakota, Pennsylvania, Ohio, Oklahoma, South Dakota, but it's just more talk than anything in those six states. Now, if a state undertook property tax abolition, it would probably only apply to owner occupied property, homeowners or voters, and those property values would soar. But these new comparables, what they could do, in turn, is lift the value of your out of state rental property as well, because you could always sell your investment property to an owner occupant. But in my opinion, no state is going to eliminate the property tax. I mean, sheesh, it's kind of like trying to eliminate gravity. It's just too hard to replace the revenue from elsewhere. Schools, police and fire and infrastructure heavily rely on property tax, so instead, what's realistic is a tax cap, a ceiling on the amount of property tax that you pay, and with an income producing property of course, your tenant essentially pays the property tax for you now, even before buying a property or for one that you already own, the most accurate way you can check the tax amount for your exact address is on the county assessor's website. Keith Weinhold 5:38 The next best places are listing websites like Zillow and Redfin. This is all public information. The way to find a county assessor's website for your property is with a simple four word search. What you should google is the county name, and then the words assessor property search, those are the only four words that you need. And then what if you discover that you're paying more than you are for nearby, similar properties? Oh, well, there we go. That's a sign that you're over paying. You can usually file an appeal form at the same website. And before we talk about how to do it, realize that only about 5% of property owners ever file an appeal, and in a bit, I'll tell you what your percent chance for success is at lowering your property tax, your chances of it being lowered. So if you believe that you have a case for lower property taxes, first, it helps to know what you're arguing. And this is important, it's something that can trip you up. You're actually not arguing that taxes are too high. You're arguing my property is overvalued compared to the market. That's it. That's your basis of contention. Yeah, if you walk in talking about things like fairness or inflation or government spending, then you've already lost the county assessor's office isn't the place for your best rant on how fiat currency is garbage or something like that. Now you might not even have to physically walk in anywhere today. Sometimes you can get your appeal rewarded informally. Other times you go before what's called a Board of Equalization in most places and in person, hearings have become less common. Video calls have become quite a bit more common since the pandemic, but you want to review your property details with them. You want to be sure to point out if there's incorrect square footage or the wrong lot size, or missing depreciation, or condition issues or upgrades that are overstated and even small errors can swing your value by 10s of 1000s of dollars and then, and it's whether this is with rental property or with your own home build your comparables Like an investor, not a homeowner, because this is really where you win or lose. You need three to five strong comparable sales in the same neighborhood, or really close ones that sold recently, ideally within the last six months, and they should be of a similar size and age and condition. And then make adjustments. Inferior comps support a lower value. And we don't just want to cherry pick garbage comps. We want to keep it credible, and then for your best chance of getting your property tax lowered, find your angle, and really this is your leverage point. Most winning appeals hinge on one clear argument, either a condition gap, meaning that your property is worse than the comps are, or it's an argument like market timing, and this is if values have softened since the assessment date, or the income approach for rentals. Therefore it's the value based on noi, not emotion. You could take that track or other external issues like noise or location drawbacks or obsolescence, so only pick one of those four primary arguments here, condition, gap, market timing, the income approach or external issues and document everything. This is really where you separate yourself. You want to show photos and have them dated and be clear and honest. Nothing dramatic there repair estimates or contractor bids, inspection reports, rent rolls or income statements. So you're not telling a story. You're presenting evidence this way, and be sure to package it cleanly. This matters more than you think. Assessors see sloppy appeals all day. So you're going to stand out by being organized and concise, like a one to two page summary and some exhibits, and keeping it professional meaning, no emotional language, so you're making it clean and easy for them to agree with you, and this is the place to be. Calm and not combative. It isn't a debate club. It's the right form to be respectful, stick to facts, not interrupt and not get defensive, because the person across from you, they actually did not set your rate, they didn't set your tax rate, they're evaluating your evidence, and then it's helpful for you to know the likely outcome. You don't need a gigantic win, even a five to 10% reduction, that can mean 1000s saved over your life of owning the property. You want to remember that some jurisdictions are more flexible than others, and if you're denied informally, like just doing it online, then you can often escalate your property a tax appeal to a board review. And this is a long game, not every swing is going to end up in a base hit. Investors have an advantage. If you own rentals, you've really got a stronger argument, because you can use that income based verification like cap rate and noi, you can show actual rent versus market rent, and you can highlight your expenses, and assessors often default to sales comps. So this is how you can shift the frame here. The blunt truth is that when people lose appeals, it's usually because they show up unprepared, or they argue emotionally, or they just don't understand valuation. And so this is one of those rare moments where being methodical is actually better than being smart. 40 to 60% of property tax appeals succeed nationwide, and with professional level prep, you can make that 70 to 80% for a success rate, and the typical result if you win is a 10 to 15% reduction in assessed value. So that can be worth doing. And you know, just like buying your first out of state rental property seems to be the hardest. Making your first property tax appeal seems to be the hardest as well. And there you go a way to reduce your expenses and increase your cash flow. Yes, I am in LA today, West Hollywood, California. Though I do expect to produce some real estate media here. That's not the typical Hollywood type filmmaking that I'm doing, I just happen to be staying in Hollywood, although I do plan to run up to the Hollywood sign and do some fun stuff out at Venice Beach. Later next week, I will be in Las Vegas, and will probably even bring you the show from the Bellagio with a view of the Bellagio fountain. As for this week, let's meet our guest. Keith Weinhold 12:49 This week's guest has an amazingly powerful story. Today. He's quite well known in real estate circles for his high energy in person events, but he came to the United States as a Vietnamese refugee, experienced homelessness early in life, and went on to build a real estate portfolio valued at over $100 million I'm not making light of the fact that he's homeless. Once I started talking about this, he kind of, you know, beat his chest a little bit. He's a high energy, playful guy here, but he's completed more than 1000 real estate projects and transactions through his mentorship program, he's helped 1000s of people build long term Real Estate Wealth with his platform, it's called springboard to wealth, and along the way, he's built a strong audience, with 1.4 million followers on Instagram. Hey, welcome to the show Thatch Nguyen. Thach Nguyen 13:41 I'm honored to be here, my man, I'm honored Keith Weinhold 13:43 to hear, Oh, it's so good to do it Thatch. And before we're done, we'll discuss some actionable tactics. But first, that is just an amazing story to have started from homelessness. I guess I'm most interested to know what you would identify as kind of that turning point from destitution to success. Talk to us about that. Thach Nguyen 14:03 You know, coming from Vietnam, we was a refugee. We left out of the last plane. My dad was a translator for the US Army. Back in the days, military pulled out of South Vietnam during the war, they asked my dad, would you want to leave with us? And so we decided to leave. But of course, my dad, the owner, who actually spoke some bit of English. None of us didn't speak no English. We only had $100 one suitcase for eight of us, gosh, and I was five years old. But if my dad didn't leave, he would have been captured, and then he would have been killed. Because you work for the US government, because it's still, you know, is a communist country, right? And so we left, we came over here, we landed in San Diego, lived in the shelter out there, and then we moved up to Washington State, Seattle, and lived in a shelter there for a few months. And then finally, we lived in a sponsorship house, right, with a guy named Charles Zettler. I graduated from high school in. 88 I went off to fix aviation airplane my two older brother, because they in the aviation business. And then I got a job working for Alaska. But I didn't want to leave to Denver to go work out there, so I decided to stay back. And I went to work at, you know, like, odd job, like at a body shop. I was the dairy manager at a grocery store, like, called Ralph. Was called Safeway, and I was parking car in Chinatown. And I think the pivoting point was, I'm sitting there, and one of my friends says, you know, you would do very well in real estate, yeah, because you have a good energy, you have a good mouthpiece, I think you do well, see, but I didn't hear all that. I heard you get 7% commission checks. Oh, Sign me up. You know what? I think, but I didn't realize quickly, selling real estate, you don't make that kind of money unless you do a lot of volume. I got to real estate. I started doing well in real estate as a agent. But the tipping point, I think, for me, was a mentor named Saul. And Saul said to me, Keith, I know you appreciate this. He said, You can be rich selling real estate for the rest of your life. Yeah, you'll never be wealthy unless you own the real estate, right? And that was the light bulb that came off of me that I need to take the money I make from selling real estate to then Park the money in long term rental. But I didn't quit my real estate. I just bought real estate, rented it, let it ride. And I just kept selling real estate for years. And at the moment I made, the more property I bought. The moment I make, the more property I bought. And then from there, I just start to learn new construction. I start to learn fix and flip. I start to learn about the BRRRR strategy. And then today, you know, we're going to talk more about this. But today, the hot thing is adu and accessory dwelling unit, and that's what I do a lot today is a lot of new construction, a lot of ADUs. Keith Weinhold 16:49 Oh, that's great to hear about your come up. Fetch, yeah, I find it remarkable, too, the amount of people that are in the real estate industry, and they're doing something adjacent to being an investor, which I think is the best place to be. For example, they're a property manager, or they're a mortgage loan officer or the real estate agent, but yet they don't own rental real estate, right? They're so close. How could you not be doing this? Thach Nguyen 17:13 And I say today, because I understand this. Now, if you don't take the active income you make from whatever you do, say, as a real estate agent, then you always trading your time for money for the rest of your life, and you're always on that treadmill and that grind, but you can't get off, because the moment you get off, Keith, you got no income, and you got no passive income either. So you're stuck on this wheel like a hamster that you got to keep running until you old and die. Keith Weinhold 17:40 Well, you know, it's unavoidable to talk about you've got the word mindset on big letters on a hooded sweatshirt that you're wearing right now, so, you know, I think you're touching on it somewhat. But yeah, talk to us more about this mindset and how to break through the barriers. Because most people's connotation with income is merely that they have got to trade their time for dollars. Thach Nguyen 18:01 Of course, you know, mindset is 80% of the result that we want, that we get. Because someone could have a mindset to go, I'm going to be the top real estate agent, and that mindset would drive them to be the top agent for many, many year. But they always trade their time for money so they never get wealthy. I have that mindset because I was selling 100 homes a year in my early 20s. But when Saul said to me, you know one day that when you get into your 40s and your 50s, do you want to keep trading time for money, or do you want to trade your money for time? And see, that's a mindset shift. And of course, who want to be in their 50 Keith with a gun in their head, always trading time for money. And so when I heard that, it shifted the mindset to, you know what, I'm going to make money selling real estate because I need that money, then I'm going to take that money and park it into a rental. So when I get into my 40s and my 50s, I have the option to work or not work, and that was a mindset shift. So owning rental property is a mindset more than a strategy. Keith Weinhold 19:08 I and I think a lot of us, came up with the mindset that, oh, you get wealthy by obtaining a high salary, and then no later, you learn you don't get wealthy through high salaries, especially if wealth equals freedom, you get wealthy through owning assets. So Thatch after you know your homelessness, and you're new to the United States, and you've come up like you described, and you realize that real estate is the way in doing it with a relative amount of passivity, rather than actively being in it as a realtor, you sort of get this roadmap for retiring with rental properties, even from starting at zero like you did. So tell us more about that roadmap to retire with rental properties. Thach Nguyen 19:47 You know, when I started, I had this roadmap where you got to learn what you need to learn about real estate investing, what why do you want to own it? What's the benefit? What would it do for you? At the end of the day, and a lot of that is goals and vision and mindset. For me when I got clear Keith on the knowledge, because I start off with knowledge. And of course, I want to own real estate. But here's the thing I always want to say to people, nobody want to own real estate. Just to own real estate, right? They want to own real estate. So what it would actually do for you. And so for me, I think when I was younger, I was counting the doors, but now I got older and wiser, I count the hours I get to have back. So the mindset for me is that when I got clear what I wanted to do was I wanted, you know, the option of working at work, that I also wanted to retire my mom, my dad, right? And then I also wanted to actually help my kids learn how to do this one day, so that they have the same mindset. So those are the reason I in want to invest in real estate. Of course, have an asset, have a net worth, come along with a secondary so once I understand the knowledge of why I'm doing it, I got this clear vision. I got this horizon. Now I'm inspired to actually go out there and take action. Now the action is, what do I want to buy for me? I started with single family. I started with buying ugly houses and rehabbing and keeping it, and then worked my way into multifamily and apartment building, all doing value add today. So those are my action, right? So I'm inspired. I take the action, I make money doing what I'm doing. But then I asked myself, How many property do I need? But it's not even how many property I need. How much passive income do I need to get out of the rat race? I have the option of working at work. For me, when I was like, 21 years old, I said to myself, I have $30,000 a month in passive income, and I'm debt free. I mean, who couldn't live off 360,000 of you debt free, right? Yeah. So I had to go to go after so many doors based on what the rent is, to accumulate it and then to pay them down so I can be out of the rat race as soon as possible. And once I did that, then I started playing the game accumulation again. So today I have a whole set of properties paid off. That's why I have over 100,000 a month in passive income. But I also got a whole bunch of property paid off yet, which I don't care, because this ought to get paid up by itself anyway. But now I'm playing this game where I'm gonna accumulate more property or trade up at the same time pay down other property I want to pay off, so that when I get into my 60, my 70, a lot of it paid off, and I still got other property. I don't know. I don't mind accumulating, because I love to play the game of real estate. So this is the road map that I you know, that my mentor saw. He's a very wealthy Jewish man that taught me. And today I'm just taking that lived it my own life now I'm just sharing it back to other people Keith Weinhold 22:42 that you said so many interesting things there. I think the most is how you talked about your metric is more outcome based. I think we all think through how many doors we have, and you know, even how much passive income that translates into, but you talked about how many hours you're able to win back way that you can quantify that. Thach Nguyen 23:05 If I ask someone, I go, Hey, how much does it cost you to live personally every month? And most American will probably say, 10,15, 20,000, Max. And I said to them, what have you had that much in passive income? How would you feel? And 99.9% of it were like, my god, that will be amazing. But the problem we all go to the seminar, we see people on stage. They got 100 doors, 200 door. They got 1000 doors. And nobody needs that much to get out of the rat race, right? So I say the most American is, look how much it costs you to live. Look at the lifestyle you live. You have that in passive income, and if you choose to keep working in active income, it's just a cherry on top of the cake. Keith Weinhold 23:47 Yeah, there are so many ways to do it. We talk here about being financially free rather than debt free, and sort of letting leverage and inflation in tenants work to our benefit. But you've got this separate way of doing it. You're listening to get rich education. We're talking with real estate, personality, Thatch Nguyen, more when we come back, including some actionable tactics. I'm your host. Keith Weinhold, Keith Weinhold 24:09 let me throw out a simple idea, sometimes doing nothing with your money is actually a decision. Leaving it parked might feel safe, but over time, purchasing power changes. So the conversation isn't about chasing returns, it's about intentionally placing money somewhere. Freedom, family investments works in real estate people use every day. Housing, senior communities, essential properties, things tied to living and not trends. Their freedom notes offering is built for accredited investors looking for structured income backed by real assets, not speculation. I am an investor with them myself. The Freedom team makes themselves available to walk through their approach, structure and operating philosophy so you can ask questions and determine. Alignment before moving forward, while past performance doesn't guarantee future results, their historical operating philosophy has yielded 100% investor payouts backed by over 20 years of experience. If you want clarity before making any moves, book a clarity call@freedomfamilyinvestments.com or text family to 66 866, text the word family to 66 866. Keith Weinhold 25:31 Flock homes helps you retire from real estate and landlording, whether it's one problem property or your whole portfolio through a 721, exchange, deferring your capital gains tax and depreciation recapture. It's a strategy long used by the ultra wealthy. Now Mom and Pop landlords can 721 the residential real estate request your initial valuation, see if your properties qualify@flockhomes.com slash GRE, that's F, l, O, C, K, homes.com/gre, Caeli Ridge 26:09 this is Ridge lending group's president, Shaylee ridge. Listen to get rich education with Keith Weinhold, and remember, don't quit your Daydream. You Keith, welcome Keith Weinhold 26:27 back to get rich Education. I'm your host, Keith Weinhold we're talking with Thatch win real estate personality, and you know Thatch, on the way up, you've really employed a lot of methods. You're knowledgeable about House hacking and burrs and small multifamily in ADUs. ADUs is something that we haven't talked about here very much. And for those that don't know what that is, we're talking about an accessory dwelling unit, right? Typically, a secondary housing unit on the same lot as a primary residence. You can sort of think of it like a backyard cottage in a lot of cases. So tell us Thatch, what got you into ADUs, Thach Nguyen 27:03 well, Seattle, about five years ago, was one of the first city and state to adapt this Adu, because the biggest problem we have across America is affordable housing, yeah, and a shortage of housing, let alone a shortage of affordable housing. So Seattle came up with, Hey, we will let you. Got built an accessory dwelling unit in the backyard, maximum 800 square feet, but you have to live in the front house to build the back house. Okay? People got excited. They built it so they can rent it in the back. They live in the front house. But then that didn't really solve as much affordable housing for you to buy. It helped with rental. And then about a year, you and a half later, they came over stage shoe to go, you know what? We're gonna allow up to 1000 square feet of adu. But you don't have to live in the front to build the back. Now, people got excited. Investors go, Oh my God, let me go buy a property. Let me go build something. Rent both of these out, right? And then if they want, they could sell the whole entire piece, you know, with somebody, and that was great, but it still wasn't enough. And then about a year you'd have, later, they came up with stage three. They go, You know what? We want to help create more housing for you to buy. So now what we're going to deal with, we're going to actually give people separate APN tax number for the house in the front and the adu in the back, so you can sell off any one of the and by doing that, they value the house as a single family, and they value the back as a single family, so they can comp it like a house, not as a duplex. And that blew the lid off. I mean, in Seattle, that was a game changer. I mean, like builders started coming in, they're buying property. They they building and they selling these. They're making a killer on it. And then show you how much crazy it is. Okay in Seattle, if you buy the house in the front, you gotta get the land the back freak, because it came with the house. We could build 1000 square foot all in it cost us about $400,000 but with a separate parcel number, they comp it as a regular house. So regular houses right about 1000 square feet, they sell for about $700,000 so you build for four is worth seven, and you can actually design it in four months. Get permit, because they have a special line for adu. And then you can build this. You can actually have it all done in one year. So you instantly create massive equity in one deal. But here's a beautiful part of it. In Seattle's expensive city, it's hard to get the 1% rule. You know the 1% rule with, you know 1% of what you pay for a property, a $200,000 house, you get $2,000 for rent with Seattle, a $700,000 house, you get 4000 but the Adu, it only cost us 400,000 but it's worth 700 but my mortgage is based on 400,000 I can write it for four grand, and I meet the 1% rule Now Keith Weinhold 29:52 a way to recent rent to value ratio, right? Thach Nguyen 29:56 So now Adu, they are all. All across America, because two years ago, all the city planners and all the people for other state they came to Seattle for a private, hush, hush meeting to ask Seattle How you guys doing this, and so they can go and copy. So in the last two year, Adu has spread across America like wildfire. Keith Weinhold 30:19 This is great. Tell us more. And of course, it's going to depend on a lot of factors, but tell us more about that cash on cash return that you're getting after stabilization with an adu. Thach Nguyen 30:29 Yeah, it's beautiful. So when you have a property that's worth 700 and it only costs you 400 it has so much equity, the bank will finance 100% of the construction cost, so you don't have to come up with no money. Great. So then if you finance 100% which is 400 right, 400,000 the mortgage only three grand, and you ran for four in Seattle with making positive cash flow with zero down payment. So that's infinite return on your money. Keith Weinhold 30:56 Yes, that's a really beautiful thing to get the infinite return when you don't have any equity left in That's right? Thach Nguyen 31:03 And the thing is, people can do that across America now, but most city right now on stage two, they don't have the APN. But right now, a lot of city right now are on the verge of going from two to three. Right now, I've been going out there buying home that you could actually Burr, make the house in the front. Work make a cash flow. Have the backyard sitting there, and then you can build it anytime. You can build it now, just for the cash flow. Or you can build it when you get the separate APN. So you can get two separate parso You can sell one, keep one. But bottom line is, if I was anybody out there, I'll be buying property. Now, make it work like you would already be buying, but just make sure you get a backyard so you have access to the back. Keith Weinhold 31:46 Okay? So in some situations, using the burr strategy on the primary residence with an adu, burrs, buy, renovate, rent, refinance and repeat, beautiful. Thach Nguyen 31:55 That's what I call the atomic bomb, the burr. Add the adu to the back. Boom. But I'm gonna give your audience something that they can even look forward to. Seattle in November of 2025 this went into stage four. Now in stage four, single family in the front, if the lot's big enough, you can put instead of one, you can put 234, or five property in the back, if the lot's big enough. Keith Weinhold 32:23 Yeah, this is great. I mean, it solves the problem of affordable housing, and it increases the density in a lot of these metro areas. Yes, right, Thatch, it sounds like Seattle's having a good deal of success with the ADUs. How is that when you extrapolate it out nationally, and are there regulatory bottlenecks out there. Thach Nguyen 32:40 The only bottleneck right now is most people right now are in state two, where they can't separate it. So if they buy a burr, they can add the house in the back. They just have to be able to comp it where there's a house and another house in the back. So what they do is they look at two different type of comp. They look at, what does it duplex sell for in the area? They could use that as a comp. Or if this is a 2000 square foot home, and you got another 800 square foot, what's a 2800 square foot home is going for? Because they can be added this to the main house, so they can create the ARV. Does that make sense? Yeah. And the only challenge, challenging is that a city that's new, they have to use comp like duplexes and square foot. It to come up with the ARV. Keith Weinhold 33:23 That's really good. Okay, so Seattle's had these four phases of ADUs, if you will. And then what's next for ADUs? Thach Nguyen 33:30 I think what's gonna happen after phase four is that all these single family one day will all go to multifamily. It's already in multifamily. You got a single family in the front. You can build three in a back. They're all three single family. But technically it's multi unit, right? It's called multi unit, but it's still on single family zoning, because, you know, the bulk of the real estate where I still have land, or the residential, because most commercial, you and I know, they built out on all the land on the lot, so the biggest portion left is the single family. So this is why I've been doing the adu. And I think in the future, Phase Five could be those single family that whole area might get up zoned to multifamily, more density. Keith Weinhold 34:11 Yeah, upzoning, that term for allowing more dense housing term really originated because you're building up vertically, although that doesn't have to be the case every time. And yes, I mean, this is really a great way to solve the affordable housing crunch in the United States. I've seen other cities where single family zoning only was allowed now allows for duplexes. That's a common way to upzone as well and fetch you really often talk about creating affordable housing, like we're discussing here, while you're building wealth. Can you speak to us more about that? You kind of get a give back that way? Thach Nguyen 34:46 Yeah. This is a mindset thing. There's a mindset that says, right? And some people believe it. Some people don't. I love what Zig Ziglar said, Right? Zig. Zig says, If you help enough people get what they want, you eventually get what you want. Yeah. And so. If you go out, then you make enough difference to the world. Take a look at Bill Gates. One day, he probably saying, You know what, I'm going to figure out how to make a computer to actually help your life better, faster, more efficient. And his goal was to do it worldwide. So he solved that problem, and in return, he has massive financial freedom. So for me, real estate isn't just real estate. Real estate what it would do for me as an outcome, real estate also give me an emotional contribution, which is, if I make a difference out there, creating more housing right, to make it more affordable, to make it most of people gonna buy it. What does it do? For me? It will actually fulfill the hierarchy of life, which is contribution. Because once you have money, the only thing that fulfill human being beyond money is life fulfillment. Keith Weinhold 35:48 That's right. I mean, hey, it's a little brash, but in the business world, really no one cares about you until they know how much you can help them. Thach Nguyen 35:56 You got it, brother, you got it right. That's why do you think so many wealthy people do thing in nonprofit world, because at some point it was all about them at the beginning. Now it's about basically giving back. So imagine, on your way going to success, you do both, you make a difference and you benefit also. And it's a more fulfilling journey than a journey just push, push, push and grinding and not taking care of you in the process. Keith Weinhold 36:23 Well, if that's your events, they give you this mentorship platform. And I think you've actually pointed to how mentorship accelerates your own real estate success, even though you're trying to help others first. Thach Nguyen 36:34 Yeah, you know for me, I always knew that the more you learn, the more you earn. And so what? 1995 I met my first mentor, Saul and then I met my other mentor, Mike ferry. And if I'm there, I met Wayne Dyer, who became one of my great mentor, Tony Robbins, Deepak, Chopra, Abraham Hicks, I mean, all these great people, right, that I got exposed to. And today I still have multiple different mentor from fitness mentor, spiritual mentor, business mentor, you know, financial mentor, and they I have regular meeting with these folks, because I want to constantly, always feel I'm growing mentally, emotionally and financially, physically, and I know that the more I learn, the more I can actually make a difference to other people coming behind me Keith Weinhold 37:21 even Michael Jordan had his own team of coaches. Yeah, you see, that's why, that's how we all get better with that, you've really helped so many people with your mentorship, your contribution to the industry. Let our audience know how they can learn more about you. Thach Nguyen 37:36 Yeah, if you gotta go to my Instagram, it's Thatch Nguyen this my name, and you go to YouTube, I drop YouTube every single week. It's my name. Also that's when. And you can find me there. You can find me on Instagram, tik, Tok, Facebook, everywhere. That's where I inspire and empower people all over the world about real estate and mindset. Keith Weinhold 37:54 If that's before, I ask you if you have any last thoughts as you look him up, it's spelled T, H, A, C, H N, G, u, y, e n, fetch. Let us know if you have any closing thoughts. Thach Nguyen 38:04 Yeah, this has been on my mind lately a lot. If you want to be successful at anything, you got to get single minded focus. And I remember when I was in Tony Robbins training, we used to do fire walk a lot. And when you are doing fire walk, you have to get single minded focus. And the only thing that you will focus on is perfect health, perfect health, perfect health. As you walk in across five feet, six feet, seven feet, and you have to really stay focused on perfect health, perfect health, perfect health, perfect health. And if you don't, and I've seen what, people lost their concentration and they burn their feet halfway through. But I also see people so powerful where they can walk halfway stop, bend down, pick up a coal and keep walking. Don't burn because they really focus on single minded focus. So I want to say to everybody, make sure you clear on where you want to buy, what you want to buy, and then once you know where you want to buy, what you want to buy, get focused on your main job is to figure out how to find deals every day, because that's your main job. If you can find deal, you solve all of your personal problem. Keith Weinhold 39:15 I am so with you on the focus of concentration, because diversification is a word that we're fed, and there's something to be said for that. But if you want greatness in anything, you really need to double down and focus. It's sort of like Andrew Carnegie said, put all your eggs in one basket and then watch that basket. Yeah. Well, that's when this has been great. It's been good to have you here on the show. Thach Nguyen 39:35 I appreciate everybody we talk to y'all soon. Peace out. Keith Weinhold 39:44 Yeah, good energy from Thatch Nguyen. He's based in Seattle. When you don't live in an investor advantage area, you have to get creative or scrappy, and he's doing it well, using ADUs and a lot of value add if you're merely investing. Investing on the side, well, then you're probably better off with a turnkey type investment, something that's not quite so hands on, but if you're devoted full time to real estate, then you really have some ideas there that you might want to pick up on. He wore a sweatshirt that says mindset on it during our chat. I like that. I mean, real estate investing isn't all about mindset, but that's surely where it begins for the production team here at GRE that's our sound engineer, bedroom Jampa, who has edited every single episode since 2014 QC and show notes, Brenda Almedares, video lead, brendawali strategy, talimagal, video editor, seroza, KC, and producer me, we'll run it back next week for you. I'm your host. Keith Weinhold, don't quit your Daydream. Speaker 4 40:50 Nothing on this show should be considered specific, personal or professional advice. Please consult an appropriate tax, legal, real estate, financial or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of get rich Education LLC, exclusively. Keith Weinhold 41:18 The preceding program was brought to you by your home for wealth building get richeducation.com
Many business owner clients face the same problem, but rarely plan for it correctly. One child takes over the business. The others do not. That is where estate equalization becomes essential. In this episode of the Life Linked Podcast, Morgan sits down with Ron Lee, Vice President of Advanced Markets at Mutual of Omaha, to walk through how advisors can navigate these complex conversations with confidence. They break down how to structure fair outcomes when assets like a business or farm cannot be divided, why equal does not always mean fair, and how a lack of planning can lead to family conflict, legal disputes, or even the collapse of the business itself. If you advise business owners, this episode will help you lead better planning conversations, uncover hidden risks, and deliver more complete solutions that go beyond the numbers.
The Daveberta Podcast is back In Session You've probably noticed I haven't recorded an episode of the Daveberta Podcast in a while — so if you were missing listening to it, please know that I was missing recording it. Starting today and over the next few weeks I'm going to record a series of short episodes in […]
There comes a point when handling everything quietly stops being strength and starts becoming self-abandonment. In this episode, we explore what happens when pressure builds beneath the surface — and what it means to finally stabilize at a new internal depth.This isn't about anger. It's about clarity. It's about boundaries, alignment, and releasing the hope of restoration where healing was never mutual. Because endurance keeps you under pressure. Equalization stabilizes you within it.When you stop absorbing what was never yours to carry, everything changes — especially you.Freedom, applied.
Ontario divorce property division focuses on equalizing net family property, not splitting assets in half. We go over the equalization concept, why the matrimonial home is treated differently, how disclosure and valuations shape outcomes, and why deadlines and documentation matter. Click here to learn more. Pace Law Firm City: Toronto Address: 191 The West Mall Website: https://pacelawfirm.com
Former State Controller Betty Yee is running for governor on a platform of competent and accountable leadership. She joins Marisa to discuss why she believes she's the best candidate to fix California's major fiscal challenges, having managed the state's finances and tax system as controller and a member of the Board of Equalization. Yee shares her plan to implement spending cuts and grow the economy but said she opposes a proposed tax on California billionaires. She also tells Marisa about her upbringing in San Francisco as the daughter of Chinese immigrants, working at her parents' laundry and dry cleaning business, where she helped manage the books from an early age. This interview is part of a series of conversations with the 2026 gubernatorial candidates for California. The primary election is June 2. Check out Political Breakdown's weekly newsletter, delivered straight to your inbox. Learn more about your ad choices. Visit megaphone.fm/adchoices
The full length edition of this Munk Dialogue with Andrew Coyne is being made available to all paying and non-paying subscribers Members of the Alberta separatist movement have been travelling regularly to meet with members of the Trump administration. Should this be considered treasonous? Does the province of Alberta have legitimate grievances? Equalization is not a good program but it is not a plot against Alberta. How can we pull together and rediscover what we have in common in the face of American hostility? Andrew argues that we must channel this crisis into a positive direction and protect what is good and great in this country. In the back half of the show Andrew proposes a security agenda for Canada to strengthen our democracy and our borders. Where is the urgency and creativity of a policy agenda to match the diagnosis of rupture? And do any of Canada's political parties have the vision and fortitude to rise to this unique challenge?
Equalization — even the word sparks controversy. The program is meant to help provinces with lower fiscal capacity provide comparable public services, but in Western Canada it's often seen as unfair, with Alberta, B.C., and Saskatchewan contributing far more to Ottawa than they receive back. For a deep dive into what equalization is, what it isn't, and why critics say it may no longer be working, we're joined by Mike Holden, VP of Policy and Chief Economist at the Business Council of Alberta.
Making a Scene Presents - EQ Demystified: How to Really Use Equalization in Recording, Mixing, and MasteringLet's be honest — EQ is one of the most misunderstood and misused tools in audio production. Every engineer, from beginners to veterans, has at some point reached for an EQ knob when they probably should've just moved a microphone, changed a preamp, or adjusted their room. http://www.makingascene.org
PREVIEW: Canadian National Unity: Alberta's Grievance Over Equalization Payments and Pipeline Prevention Guest: Conrad Black Conrad Black discusses the state of Canada's national unity, highlighting that Alberta feels unfairly treated by the federal government. Alberta sends substantial wealth to Ottawa through equalization payments, a system where money from prosperous provinces is transferred to ensure less prosperous provinces can provide equivalent service levels. Alberta has traditionally been relatively uncomplaining about its role in these payments but now feels it receives little back in return. More significantly, Alberta believes its energy resources are being undermined by federal policy. The province's primary complaint is that it has been prevented for the past decade from building pipelines, both east and west, to utilize its oil and gas reserves, for which there is strong global demand. Black concludes that apart from this critical issue, national unity is relatively stable, and provinces are waiting to see what changes, if any, the new prime minister will implement regarding this contentious policy.
We're joined today by California State Treasurer Fiona Ma. The Treasurer is the state's banker and manages $3 trillion per year, among many other things. Ma is a former San Francisco Supervisor, state legislator and member of the Board of Equalization, and a current candidate for Lieutenant Governor. She spoke with us about the Treasurer's job, her path to that office, and about her mentor, the legendary John Burton. :21 Proposition 50 debate2:12 Lindsey Horvath and Measure G6:20 Fiona Ma7:09 What does the State Treasurer do?9:10 Dancing with the Capitol Stars13:32 Origin story20:22 The Board of Equalization22:03 Can CA backfill federal budget cuts?26:53 "Government by Unicorn"27:28 Public-private partnerships31:18 What's next for Fiona Ma?36:03 #WWCAWant to support the Capitol Weekly Podcast? Make your tax deductible donation here: capitolweekly.net/donations/Capitol Weekly Podcast theme is "Pickin' My Way" by Eddie Lang"#WorstWeekCA" Beat provided by freebeats.io Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Canada's broken equalization system needs a major overhaul Learn more about your ad choices. Visit megaphone.fm/adchoices
0:11 - Summer is almost over. 9:04 - A big failure for Air Canada's weak management. 18:06 - Canada's broken equalization system needs a major overhaul. 29:00 - Does our equalization system need a change? We get your thoughts! 37:11 - Canada to remove countertariffs on American goods amid the ongoing trade war. 49:16 - 'Misinformation' abounds as man charged in assault of intruder. 1:00:16 - We take your calls and texts on the day. Learn more about your ad choices. Visit megaphone.fm/adchoices
Witness to Yesterday (The Champlain Society Podcast on Canadian History)
In her book The Art of Sharing: The Richer versus the Poorer Provinces since Confederation, Mary Janigan explores the history of equalization – one of Canada's most important yet least understood social programs. Based on a simple idea of the federal government redistributing a portion of the tax revenues it receives to lower-income provinces so that they can provide roughly comparable public services at roughly comparable provincial rates of taxation to other provinces, this program has been criticized by wealthier provinces from the beginning. In her interview with Greg Marchildon, Dr. Janigan describes the origins of the idea in the Commonwealth Grants Commission in Australia and how Prime Minister Louis St-Laurent's government set up the first formal program and how this program has been refined since. Dr. Janigan describes the importance of equalization in keeping Canada more unified over time. If you like our work, please consider supporting it: bit.ly/support_WTY. Your support contributes to the Champlain Society's mission of opening new windows to directly explore and experience Canada's past.
Send us a textThe idea that Western Canada should separate from the rest of Canada is now rising in popularity so I thought we should go over it.Linkshttps://www.canada.ca/en/department-finance/programs/federal-transfers/equalization.htmlhttps://en.wikipedia.org/wiki/Equalization_payments_in_Canadahttps://enr.elections.ca/National.aspx?lang=ehttps://x.com/TheBreakdownAB/status/1919906263485329823https://www.youtube.com/watch?v=ys80Xc-esrU
Send us a textJeanne E. Raya is the dynamic President of the John L Raya Insurance Agency, Inc., a well-respected minority women-owned business established in 1960. Under her leadership, the agency has carved out a niche of expertise, especially in working with non-profit organizations and medical facilities. With a deep-rooted commitment to both her profession and her community, Jeanne has dedicated her career to not only running a successful business but also to actively serving her community in a variety of roles.A lifelong resident of San Gabriel, Jeanne is a fourth-generation local, born at Garfield Hospital in Monterey Park and raised within the heart of the community. She attended San Gabriel public schools and Ramona Convent in Alhambra, shaping her educational foundation. A lover of travel, she has visited numerous countries, with Italy, Alaska, Ireland, Peru, and New York among her favorite destinations.Jeanne's academic journey reflects her diverse talents. She earned a Bachelor's Degree and Teaching Credentials from the University of Southern California, followed by a Law Degree from UC Davis. Her professional career includes serving as staff counsel to both the California Board of Equalization and the Public Employment Relations Board, as well as maintaining a private law practice specializing in Probate and Family Law in San Gabriel.Community service has always been central to Jeanne's life. She is currently the Chair of the San Gabriel Community Foundation, where she has supported a wide range of local initiatives. Her past service as a Commissioner for the California Independent Citizens Redistricting Commission (2010-2020) and her leadership roles with the California State Bar Committee of Bar Examiners underscore her dedication to public service and fair governance.Jeanne has also served in leadership positions for several important community and educational organizations, including the La Casa de San Gabriel Community Center, the San Gabriel Women's Foundation, the San Gabriel Historical Association, and the San Gabriel Chamber of Commerce. She is also active in the Roosevelt School Site Committee, which focuses on improving the local educational environment.Her leadership and service have not gone unnoticed. Jeanne has been honored by Assembly Member Mike Eng with the “Make a Difference Day” award, by State Senator Carol Liu for her contributions to women in business, and by Congresswoman Judy Chu with the “Women of Distinction” award. These accolades reflect the significant impact Jeanne has had in both her professional and personal endeavors to support and elevate the San Gabriel Valley community.___________________Music CreditsIntroEuphoria in the San Gabriel Valley, Yone OGStingerScarlet Fire (Sting), Otis McDonald, YouTube Audio LibraryOutroEuphoria in the San Gabriel Valley, Yone OG__________________My SGV Podcast:Website: www.mysgv.netNewsletter: Beyond the MicPatreon: MySGV Podcastinfo@sgvmasterkey.com
Global reaction to President Trump's tariffs, Defense Secretary Pete Hegseth makes military standards the same for males and females, and Colorado Democrats move to make the state a transgender sanctuary. Get the facts first with Morning Wire.Good Ranchers: Visit https://goodranchers.com for free bacon, ground beef, bacon, seed oil-free chicken nuggets, or salmon in every order for a year + $40 off with code WIRE.Jeremy's Razors: Shave Boldly. Live Freely. https://jeremysrazors.com
Senate President Pro Tem Lonnie Paxton is “100 percent on board” with Oklahoma Governor Kevin Stitt's proposed half-percent income tax cut – but it's a cautious 100 percent. Paxton told The Frontier that recent Board of Equalization figures, which show Oklahoma's budget to be short of expectations following last year's grocery tax cut, make him wary of the possibility of a return to the state's budget woes of last decade. “I can easily say I'm 100% in favor of an income tax cut,” Paxton told The Frontier.But he also remembers when the state was facing a more than $1 billion budget deficit in 2016. Stitt has pushed for “half and a path,” his term for a half-percent cut and a path toward eventually eliminating personal income taxes. Recent Board of Equalization figures show Oklahoma's revenue projections are less than anticipated, though the state has about $4.6 billion in reserves. Those figures come after the state eliminated its portion of the grocery tax last year, which resulted in a loss of more than $400 million in tax revenue. Stitt, while urging a cut to personal income taxes, has also called for state agencies to have flat budgets for this fiscal year.On this episode of Listen Frontier, I talk to Paxton about what an income tax cut might mean - both good and bad - for Oklahomans. This is Listen Frontier, a podcast exploring the investigative journalism of the Frontier and featuring conversations with those on the frontlines of Oklahoma's most important stories. Listen to us Apple Podcasts, Spotify, and Stitcher.To donate to The Frontier and help support our efforts to grow investigative journalism in Oklahoma, click here.
Cape Breton's Information Morning from CBC Radio Nova Scotia (Highlights)
Municipal Affairs Correspondent Tom Ayers brings the latest from council.
The state Board of Equalization certifies more state funds than expected for legislators to appropriate in the FY26 budget.
David Eby tries to give the impression that BC is 100% joining Newfoundland's challenge to equalization. Unfortunately he almost immediately began with qualifications. The Vancouver Sun's Vaughn Palmer is here with his take on the day's headlines. Learn more about your ad choices. Visit megaphone.fm/adchoices
In the past 20 years, there has been a wave of women-owned businesses, and women selling those businesses. However, no one is really talking about it. In this mini series, host Kris Plachy is bringing women business owners on to talk about their experiences of selling their businesses. In this episode of Leadership is Feminine, Kris talks with Andrea Wagner,PhD. Andrea shares her story and lessons she has learned throughout almost 15 years of starting and selling businesses. Andrea brings a lot of insight to this conversation on topics such as acquiring funding, identifying market indicators, and how crucial it is to surround yourself with co-founders that have skills which compliment your own. She also talks about her latest projects, Lux Lined and Herizon Funding. This conversation doesn't just focus on business advice. Andrea also shares what it was like to experience the emotional journey of selling. Unlike the previous guests in this miniseries, Andrea did not stay on for any transitional period after the close of the sale, and she details what that felt like. The conversation then turns to the need for more badass women in sales, technical, and financial roles with Kris highlighting an important moment when Andrea leveraged the skills of women in her network without feeling like she had to DIY every aspect of a new business venture. As Andrea perfectly illustrates, "Just do it and move onto your next great thing." Brace yourself for an episode jam-packed with wisdom, wit, warmth, and women empowerment. Guest Bio Andrea N. Wagner is a dynamic entrepreneur and advocate for women in business, renowned for her significant contributions to the fields of manufacturing and STEM education. As the former C-Level executive and co-founder of Berkshire Sterile Manufacturing and Hyaluron Contract Manufacturing, Andrea has demonstrated exceptional leadership and innovation in the industry. A staunch supporter of women-owned businesses, Andrea is deeply committed to investing in their success. Andrea's dedication to women's equality in education, finance, and business connections is remarkable. She co-founded Herizon Funding, an organization dedicated to providing financial support to women business owners and closing the gender gap, tailored to meet the needs of women entrepreneurs aiming for rapid expansion and growth. In addition to her professional accomplishments, her efforts to promote equality and create opportunities for women in traditionally male-dominated fields are a testament to her belief in the power of education and empowerment. Andrea's legacy is one of innovation, advocacy, and unwavering support for women in business and STEM. Website: luxlined.com Website: HerizonFunding.com Key Takeaways From This Episode The Necessity of Having a Trifecta in a Business: A sales-focused person, a technically focused person, and a financially focused person The ultimate purpose of a business to deliver an outcome and create profitability Unique Mechanisms for Selling Businesses: The pre-sale of the business, clauses for reselling and valuing partial ownership over time, avoidance of 'earn out' agreements Emotional aspects of selling businesses and the mental preparation required The Rise of Women Entrepreneurs and Challenges Faced: The lack of women in C-level positions and the necessity to encourage more women into business Initiatives to Support Women-Owned Businesses: The importance of mentoring women entrepreneurs and assistance in growth Contact Information and Recommended Resources Join Kris to help impact 20 Million Women across the Globe! Become a Visionary.CEO/catalyst and spread the word! Kris explains all the details on the podcast this week. Essential, go to www.theVisionary.CEO/catalyst, Register, Grab the Visionary.CEO/Podcast link from your dashboard and SHARE IT with all the women you know in your friend, colleague and network circles. We'll be tracking links by Catalyst and awarding each Catalyst who shares her link to at least 20 women with a free digital course from Kris's Boutique. Get Access to LEAD LESSONS The best leadership guidance and mentorship experience exclusive for women who lead. High performing teams require highly skilled, high performing leaders. It's time to develop exceptional leadership prowess. THE LEAD LESSONS for Women equip you with the tools and strategies to navigate the leadership landscape like a true visionary. Our unique blend of Digital Lessons and live Mentorship-calls delivers the real-world practices you need for confident and consistent leadership. thevisionary.ceo/nextstep Work with Kris and Her Team: TheVisionary.ceo CEO Boutique Email: hello@thevisionary.ceo Linkedin Instagram Facebook Pinterest
Today we introduce a new series of interviews with the 2026 California gubernatorial candidates. First up, California gubernatorial candidate Betty Yee! Yee boasts two decades of public service, beginning with a stint on the Board of Equalization and followed by two terms as California State Controller (2015-2023). She is he tenth woman to be elected to statewide office in California. She has also served as the Female Vice Chair of the California Democratic Party since May 2021. Yee announced her candidacy for California governor in March 2019. We spoke with her in May about her campaign, about the 2024 elections, and what unique perspectives she brings to the race. Plus, we tell you who had the Worst Week in California Politics. :53 Introducing Betty Yee2:46 How will you stand out in a crowded field?4:55 A caretaker for an aging parent9:59 Is California ready for a BIPOC female governor?14:20 How are the AAPI communities relating to Democrats this year?17:28 The impact of Palestine/campus protests on the Nov. election21:50 Crime and Prop. 4726:58 Romualdo Pacheco, California's only Hispanic governor27:51 "Why should a voter support Betty Yee?"30:39 WWCA: A belly flop on crime policyWant to support the Capitol Weekly Podcast? Make your tax deductible donation here: capitolweekly.net/donations/ Capitol Weekly Podcast theme is "Pickin' My Way" by Eddie Lang "#WorstWeekCA" Beat provided by freebeats.io
Are you feeling overwhelmed by your property tax assessment notices? Wondering when and how to file an appeal? Join me as I guide you through the ins and outs of property tax assessments and appeals in this special edition of the Real Estate Coffee Break. What's Covered in This Episode Mailing of Tax Notices. An update on the status of tax assessment notices in DeKalb County and other counties in Georgia. Assessment Appeal Deadlines. Learn the crucial details about the 45-day appeal period and why knowing the mailing date of your assessment notice is important. Reviewing Assessment Notices. Key points to check in your assessment notice, including the last date to file a written appeal. Appeal Methods. How to select the best method for your property tax appeal, with a focus on the County Board of Equalization. Accessing Records. Your rights to request and review all documents and records used to determine your property's current value. Upcoming Webinar. Information about the property tax reduction webinar scheduled for Monday, Wednesday, and Friday at 11 AM, 3 PM, and 7 PM, including registration details and benefits. Real Estate Market Insights. Discussion on the current real estate market conditions, the deal drought, interest rates, low inventory, and strategies for finding and securing deals. Networking for Deals. Tips on how to connect with mail carriers, contractors, landscapers, property managers, and use public records to find distressed properties. Personal Stories. I share my own experiences buying houses from distressed sellers, including lowball offers and purchasing from those facing financial hardships. Don't miss out on this comprehensive guide to managing your property taxes and discovering great real estate deals. Listen to the full episode for detailed insights and practical advice. Get ready to take control of your property assessments and appeals, and learn creative strategies for navigating today's real estate market. Tune in now! Register for more insights and exclusive webinars at LibertyREIA.com.
GDP Script/ Top Stories for May 31st Publish Date: May 31st From the Ingles Studio Welcome to the Gwinnett Daily Post Podcast. Today is Friday, May 31st and Happy 94th Birthday to actor Clint Eastwood. I'm Bruce Jenkins and here are your top stories presented by Gwinnett KIA Mall of Georgia. Gwinnett Police Helicopter Helps Locate Missing Child Computer Glitch Sends Tax Appeal Hearings Email to Many Gwinnettians Marine From Buford Carries Honor and Remember Flag at Virginia Run for The Fallen Memorial Run All of this and more is coming up on the Gwinnett Daily Post podcast, and if you are looking for community news, we encourage you to listen daily and subscribe! Break 1: MOG STORY 1: Gwinnett Police Helicopter Helps Locate Missing Child Gwinnett County Police found a critically missing 15-year-old girl on Wednesday using a police helicopter. The girl's mother reported her missing around 11:40 a.m. after an argument, discovering she had left their Lawrenceville home without shoes. Due to a medical condition requiring supervision, the Gwinnett Police Aviation Unit was called in. The helicopter quickly located the girl, and officers on the ground, guided by Corporal Hanna, found her upset but safe on a sidewalk. Hanna calmed the girl and safely returned her home. The case showcased the police department's coordinated efforts and crisis training. STORY 2: ERROR: Computer Glitch Sends Tax Appeal Hearings Email to Many Gwinnettians On Memorial Day, many Gwinnett County homeowners received erroneous emails about participating in Board of Equalization appeal hearings due to a computer glitch. The emails, sent between 10:42 and 11:43 a.m., were caused by a coding error and affected "several thousand" homeowners. The emails, which included WebEx links for hearings, caused confusion and concerns about potential scams. Arefeen Chowdhury, a candidate for Gwinnett tax commissioner, demanded answers. The county sent a follow-up email explaining the mistake and has taken steps to correct the issue and prevent future occurrences. STORY 3: Marine From Buford Carries Honor And Remember Flag at Virginia Run For The Fallen Memorial Run On May 4, U.S. Marines with the Security Battalion participated in the 12th Annual Virginia Run for the Fallen at Marine Corps Base Quantico, running with the American and Honor and Remember flags. The event, involving Gold Star families and veterans, is part of a four-day, 250-mile tribute to honor Virginia service members who died during the War on Terror. Lance Cpl. Jacob Shelton and Cpl. Jose Crosby carried the flags for this segment, joined by Cpl. Marina Camponescki and Cpl. Jorge Ruiz. Eight Marines volunteered to honor 18 fallen service members from all U.S. Armed Forces branches. We have opportunities for sponsors to get great engagement on these shows. Call 770.874.3200 for more info. We'll be right back. Break 2: TOM WAGES STORY 4: Biden administration, Georgia officials applaud debut of Plant Vogtle expansion On May 29, Georgia Power announced that the Unit 3 nuclear reactor at Plant Vogtle is fully operational. U.S. Energy Secretary Jennifer Granholm and National Climate Advisor Ali Zaidi will celebrate this milestone, highlighting Plant Vogtle as the largest U.S. nuclear power plant and a major source of carbon-free electricity. The expansion, completed after 15 years and $36.8 billion, is expected to power one million homes and create high-quality jobs. However, a report by Georgia consumer groups criticizes the project for severe cost overruns and delays, estimating significant future rate hikes for Georgia Power customers. STORY 5: New study suggests statins may help prevent cancer A new study suggests that statins, commonly used to lower cholesterol, may also prevent cancer by blocking a key inflammatory protein. Published in Nature Communications, the research shows that statins can obstruct the TLR3/4 and TBK1-IRF3 pathways, which are involved in cancer development from chronic inflammation. Led by Professor Shawn Demehri of Massachusetts General Hospital, the study found that the statin pitavastatin effectively suppresses the IL-33 protein, reducing inflammation and preventing cancer in mice. Analysis of health records from over 200 million people indicated that pitavastatin use is linked to a significantly lower risk of chronic pancreatitis and pancreatic cancer. The findings suggest that statins may offer a safe and effective means to combat inflammation-related cancers. We'll be back in a moment. Break 3: INGLES 7 STORY 6: Atlanta Women's Chorus to Perform Saturday at Lawrenceville Arts Center The Atlanta Women's Chorus will present "Phoenix Rising," a multimedia performance commemorating American history with a hopeful message of inclusiveness, this Saturday at the Lawrenceville Arts Center. The two-hour show, directed by Melissa Arasi, explores themes from the Civil War to gay rights and Black Lives Matter, aiming to unite and inspire without judgment. Celebrating its 10th anniversary, the chorus partners with Women Engaged, a nonprofit promoting women's rights and civic engagement. The performance includes choral music, actors, speakers, and video segments. For more information and tickets, visit www.voicesofnote.org. STORY 7: Abril Olivas tapped to serve as Barrow County Clerk Abril Olivas has been appointed as the new clerk for Barrow County Government, starting June 3. She will manage official county records and provide executive support to the Board of Commissioners and the County Manager. Currently the Deputy Clerk for Hall County, Olivas brings extensive experience in administrative and local government roles. Barrow County Manager Srikanth Yamala praised her skills and energy. Olivas, a member of the Georgia Clerks Association, has also worked as a legal assistant for 11 years. She expressed enthusiasm about her new role and commitment to serving Barrow County. We'll have final thoughts after this. Break 4: INGLES 8 Signoff – Thanks again for hanging out with us on today's Gwinnett Daily Post Podcast. If you enjoy these shows, we encourage you to check out our other offerings, like the Cherokee Tribune Ledger Podcast, the Marietta Daily Journal, or the Community Podcast for Rockdale Newton and Morgan Counties. Read more about all our stories and get other great content at gwinnettdailypost.com Did you know over 50% of Americans listen to podcasts weekly? Giving you important news about our community and telling great stories are what we do. Make sure you join us for our next episode and be sure to share this podcast on social media with your friends and family. Add us to your Alexa Flash Briefing or your Google Home Briefing and be sure to like, follow, and subscribe wherever you get your podcasts. Produced by the BG Podcast Network Show Sponsors: www.ingles-markets.com www.wagesfuneralhome.com www.kiamallofga.com #NewsPodcast #CurrentEvents #TopHeadlines #BreakingNews #PodcastDiscussion #PodcastNews #InDepthAnalysis #NewsAnalysis #PodcastTrending #WorldNews #LocalNews #GlobalNews #PodcastInsights #NewsBrief #PodcastUpdate #NewsRoundup #WeeklyNews #DailyNews #PodcastInterviews #HotTopics #PodcastOpinions #InvestigativeJournalism #BehindTheHeadlines #PodcastMedia #NewsStories #PodcastReports #JournalismMatters #PodcastPerspectives #NewsCommentary #PodcastListeners #NewsPodcastCommunity #NewsSource #PodcastCuration #WorldAffairs #PodcastUpdates #AudioNews #PodcastJournalism #EmergingStories #NewsFlash #PodcastConversationsSee omnystudio.com/listener for privacy information.
The St. John's Morning Show from CBC Radio Nfld. and Labrador (Highlights)
The provincial government is taking the feds to court. Coming up, we'll hear why finance minister Siobhan Coady says she believes Newfoundland and Labrador is missing out on BILLIONS in federal payments.
I have a laundry list of tips and tricks I've picked up over the years -- In this episode, I'll go over some of them with hopes that they can make your next dive easier, more relaxed, and more enjoyable!! I am NOT a medical professional, nor am I a freedive instructor. Literally just a girl who loves the water, and loves to share what I know along my own journey!
Once per year, county municipalities in Michigan are required to assemble an equalization report. The report serves as a determination that "...real and personal property in the respective Townships and Cities has been equally and uniformly assessed" in Calhoun County.Calhoun County Vice-Chair Steve Frisbie discusses the equalization report and some overall real estate perspective in this episode of Community Matters.Episode ResourcesCalhoun County Equalization websiteCalhoun County Board of Commissioners websiteCalhoun County Board 2023 Agendas, Online ViewingABOUT COMMUNITY MATTERSFormer WBCK Morning Show host Richard Piet (2014-2017) returns to host Community Matters, an interview program focused on community leaders and newsmakers in and around Battle Creek. Community Matters is heard Saturdays at 8:00 AM and PM Eastern on WBCK-FM (95.3) and anytime at battlecreekpodcast.com.
On this week's episode of Hull on Estates, and have a follow-up discussion on Stuart's about Estate Freezes and Net Family Property Equalization. Cases discussed: Stone v. Stone, (ON CA) Reisman v. Reisman, (CanLII)
This Week in Oklahoma Politics, KOSU's Michael Cross talks with Republican Political Consultant Neva Hill and Civil Rights Attorney Ryan Kiesel about new estimates from the State Board of Equalization for lawmakers to craft a state budget in the 2025 fiscal year budget, Edmond Schools challenging an order from the State Board of Education to remove books from its library and the State Supreme Court setting a date to hear a challenge to a Catholic charter school.The trio also discusses a decision by Oklahoma County Commissioners to locate a new jail in southeast OKC and the last founding member of the Oklahoma County Jail Trust announcing her retirement.Mentioned in this episode:Oklahoma State Medical Association
Lawmakers now know they will have a record $14 billion to appropriate for fiscal year 2025 following certification of available funds by the State Board of Equalization.
Financial and Management Services Director Sharon McCarthy and Real Estate Assessments Director Dayle Gallagher are our guests on the podcast this week. They provide a detailed explanation of how real estate assessments are determined and how homeowners can appeal. Assessment notices will arrive in mailboxes soon, so this is a great opportunity to understand how the process works. Check it out and let us know what you think! Show Notes: What should a property owner do if they have questions about their reassessment? Property owners can contact the Real Estate Assessments office to discuss their property with the assessor assigned to it. A change in assessment may be possible if the data is incorrect. Outside of a data change, a property owner can appeal their assessment during the appeal period, which is open during the 30 days following notice of reassessment. Deadline to appeal to the Real Estate Assessment Office is March 30, 2024 Deadline to appeal to the Board of Equalization is April 30, 2024. For more information, contact the Real Estate Assessments Office Monday-Friday, 8 a.m.-5 p.m. 757-253-6650 RealEstate.Assessments@jamescitycountyva.gov 101 Mounts Bay Rd., Building F Williamsburg, VA 23185 For information on upcoming public meetings and details about the assessment process, visit jamescitycountyva.gov/386.
California Treasurer Fiona Ma's husband Jason Hodge is a Ventura County resident and firefighter. Consequently she has a long history with Ojai and so stopped by the studio for a chat on a recent visit. Surprisingly, Ma is only the second CPA to hold the position of the state's chief accountant, managing California's $310 billion budget in the state's $3.8 trillion economy, which, depending on how Germany is doing at the moment, is the world's fifth or sixth largest. Fiona Ma graduated from the Rochester Institute of Technology, and received her master's from Pepperdine. Fiona was first elected to the state Assembly in 2006 and was the first female to hold the Speaker Pro Tempore position, the second-highest ranking office in the body. She was also elected to the state Board of Equalization before being elected to the Treasurer post in 2018. We talked about the daily challenges of running the finances of such a giant state with her staff of 500, the current deficit estimated at $38 billion or more, tackling the problems of homelessness and climate change, her run for Lieutenant Governor this fall, and much more. We did not talk about Arthur Bentley's 1908 classic, "The Process of Government," Hiram Johnson, or the Mayan writing system. You can learn more about her at FionaMa.com.
Direct Download For all the mountain dulcimer players using amplifiers and mixers, this episode is for you! And everyone else who would like a front-row seat to the basics of equalization. This is just a small portion of the full 90-minute free workshop “Putting it into Gear: Equalization” - join for free and take the next class: Patreon.com/BingFutch Bing Futch is endorsed by Folkcraft Instruments, V-Picks and Wolf Hill Woodworking. Enjoy "Dulcimerica"? Consider supporting the program by becoming a patron!
Mullissa Willette is serving her first term on the CalPERS Board of Administration.She's an estate administrator with the County of Santa Clara, president of Service Employees International Union 521, and has served on multiple committees and commissions.Mullissa has a Bachelor of Management, Public Administration from Southern New Hampshire University. She also holds certifications in public pension investment management from UC Berkeley, and advanced assessment analysis at the California State Board of Equalization.
Recorded 1.5 months ago and finally made to upload. James is back with some now very delayed takes on a couple of flicks and stuff. --- Send in a voice message: https://podcasters.spotify.com/pod/show/deathmetaldisco/message Support this podcast: https://podcasters.spotify.com/pod/show/deathmetaldisco/support
Author Matthew Parbst discusses the article, "The Effect of Welfare State Policy Spending on the Equalization of Socioeconomic Status Disparities in Mental Health" published in the September 2023 issue of the Journal of Health and Social Behavior.
CPF Co-Directors Bob Shrum and Mike Murphy join Fall 2023 CPF Fellows, Addisu Demissie, Arnon Mishkin, Mike Schmuhl, and Betty Yee, for a lively discussion on former President Trump's indictments, what this means for President Biden, and how the 2024 presidential race is shaping up. The conversation also explores their USC study groups and impressive careers in politics. Featuring: Addisu Demissie: Principal and Founder of 50+1 Strategies; Fall 2023 Fellow, USC Center for the Political Future Arnon Mishkin: Political Analyst and Director of the Fox News Election Decision Team; Fall 2023 Fellow, USC Center for the Political Future Mike Schmuhl: Chairman of the Indiana Democratic Party; Former Campaign Manager for Pete Buttigieg 2020; Fall 2023 Fellow, USC Center for the Political Future Betty Yee: Former California State Controller and Board of Equalization member; Fall 2023 Fellow, USC Center for the Political Future Bob Shrum: Director, Center for the Political Future; Warschaw Chair in Practical Politics, USC Dornsife Mike Murphy: Co-Director, Center for the Political Future; NBC Political Analyst
CPF Co-Directors Bob Shrum and Mike Murphy join Fall 2023 CPF Fellows, Addisu Demissie, Arnon Mishkin, Mike Schmuhl, and Betty Yee, for a lively discussion on former President Trump's indictments, what this means for President Biden, and how the 2024 presidential race is shaping up. The conversation also explores their USC study groups and impressive careers in politics. Featuring: Addisu Demissie: Principal and Founder of 50+1 Strategies; Fall 2023 Fellow, USC Center for the Political Future Arnon Mishkin: Political Analyst and Director of the Fox News Election Decision Team; Fall 2023 Fellow, USC Center for the Political Future Mike Schmuhl: Chairman of the Indiana Democratic Party; Former Campaign Manager for Pete Buttigieg 2020; Fall 2023 Fellow, USC Center for the Political Future Betty Yee: Former California State Controller and Board of Equalization member; Fall 2023 Fellow, USC Center for the Political Future Bob Shrum: Director, Center for the Political Future; Warschaw Chair in Practical Politics, USC Dornsife Mike Murphy: Co-Director, Center for the Political Future; NBC Political Analyst
What does one do if their child is going off the derech? Why is a good attachment with children so important? How to raise strong and resilient children in this day and age? What are the pillars of the core sense of self? Our guest today is Rabbi Shimon Russell, a psychotherapist and a world authority on the challenges of “At-Risk” teens and young adults. His expertise is in the areas of marriage, parenting, education, adolescents, and treatment of unresolved early childhood trauma. He is the author of an amazing book “Raising a Loving Family”, a practical down-to-earth guidance created to help parents navigate the challenges of raising children in today's turbulent world, which won gold for this year's Benjamin Franklin Award in Psychology. [00:00] What inspired Rabbi Russell to get into the parenting area [06:45] Tough parenting of the post-holocaust era and its consequences [13:24] Equalization of status between children and adults [15:53] Technology made children independent too early [18:28] Adults should create a reality where children feel safe and secure [20:33] Seeing and recognizing the uniqueness of the child [27:05] Soothing and focusing on good attachment [34:42] The role of a parent is to provide resilience [38:25] Setting limits – structure, rules, and discipline [44:24] Two pillars of a core sense of self [52:23] Parents and teachers must be good examples [55:08] Why do kids sometimes go off? [58:38] Parents must overcome their own egos and fight for their child [1:05:25] We have to go back to grassroots *** This episode has been sponsored by jKaraoke, a great way to have good kosher family fun singing all of your favorite Jewish songs with karaoke. You can subscribe monthly from just $4.99 or yearly from $49.99, and in honour of their US launch, jKaraoke are now offering their best deal yet! Grab a yearly subscription plus a Karaoke Kit for just $99.99 plus use coupon JewsNextDor for an additional 10% off!! Check out jKaraoke.com today and let the fun begin! --- Send in a voice message: https://podcasters.spotify.com/pod/show/yair-menchel/message
Welcome to another episode (#197!) of the Anderson Advisors Tax Tuesday show. Host Toby Mathis, Esq., joins our regular guest Eliot Thomas, Esq., Manager of Tax Advisors at Anderson Business Advisors, to help answer your questions. On today's episode, Eliot and Toby answer listener inquiries including the requirements and tax implications for selling your home to a relative in installments, how to minimize taxes on profits from crypto-trading, and the pros and cons to investing in stocks within a Roth or Regular IRA/401K. If you have a tax-related question for us, submit it to taxtuesday@andersonadvisors. Highlights/Topics: "Is there a tax ramification of selling my personal home to my daughter via an installment sale? I have lived in the home for more than two years as a primary residence. Will I be able to still use their section 121 exclusion, even though I'm selling to a related party?" – You can sell to your daughter and still be eligible, provided we meet all the other boxes…You can sell to a related party, but you have to recognize all the gain up front. "I'm considering taking a small salary from my stock trading business. It's a dual LLC Partnership, which means a C-corp and a partnership through Anderson later this year if the C-corp ends up with taxable income. What are the tradeoffs of deferring that into a 401(k), both positives and negatives like income, payroll taxes, and benefit of paying those for Social Security calculation, et cetera?" - As Toby always says, this is a calculate, calculate, calculate moment. If you take it out as salary, then one consideration—there are a lot of different variables here—is your personal tax rate below 21%? "For our C-corp, we're aware that cleaning services of our personal residence can be deducted from our corporate taxes." It can? Well get into that. "Would the total expense of cleaning be a write-off or would only a portion of the total expense be a write-off since the entire house is not used for business? Would lawn services be treated the same way?" – if you are using part of it as a home office deduction or administrative office reimbursement deduction, either way, you can throw in an element for the cleaning… "When starting my Infinity Investing journey, should I start purchasing stocks inside of a type of retirement tax-deferred account of some sort, or should it be outside of that in order to use it for leverage or some real estate investing later?" - Here's the easy rule. If you're in a higher tax bracket than you will be when you retire, defer it. If you are in a lower tax bracket now than you will be when you retire, then put it in a Roth. "I have been learning and experimenting with earning dollars through crypto trading. Can you please tell me how to minimize taxes with profits earned through crypto platforms?" – we do the same trading partnership that we talked about earlier. Set up a partnership, put the account into that partnership. "My California CPA said that regardless of what type of entity I put my California rental property in, California will still want to get the $800 franchise tax board fee." The Board of Equalization fee. That's the minimum fee they charge. "Would that be true even with a Wyoming Statutory Trust?" - Chief Counsel's Office has already said it's treated as a business trust, and it's not taxable. It's not subject to the $800 a year, period, full stop. "Does a cash out refi adjust my basis and multifamily apartments? If not, how can we step up in basis before I sell if I have a lot of equity and depreciation already taken?" - Generally speaking, a refi, all you've done is you've changed your equity in your house into cash. You're just changing asset to asset. That doesn't change your depreciable basis in that property. "How does the Corporate Transparency Act impact the timing of real estate investment decisions from a tax efficiency perspective?" - It doesn't have any impact on your taxes whatsoever. This has nothing to do with taxes at all. I just wanted to get cleared out there for those who are listening. "In creating a living trust, is it necessary to pay capital gains tax on real estate assets as they are transferred into the trust?" - This is really simple too. There's no taxable transaction moving assets into a living trust. It's a revocable grantor trust. You haven't done anything in the way of taxes. "I have carried a $600,000 loss since 2011. I am a real estate professional with an S-corp. Is there an alternate way to use that? I can't live long enough at the $20,000–$25,000 max deduction." - You need passive income. You need lots of passive income to wipe out that passive loss. You want to recognize that passive income. You probably don't want to be a real estate professional. Resources: Email us at Tax Tuesday taxtuesday@andersonadvisors.com Tax and Asset Protection Events https://andersonadvisors.com/real-estate-asset-protection-workshop-training/ Anderson Advisors https://andersonadvisors.com/ Anderson Advisors YouTube http://aba.link/youtube Toby Mathis YouTube https://www.youtube.com/@TobyMathis Toby Mathis TikTok https://www.tiktok.com/@tobymathisesq
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4.14.2023 #RolandMartinUnfiltered: Man gets 70 yrs for spitting on cops; NC HBCU in trouble; White woman spits on sister, gets whupped The double standard in the American Justice system has been a problem for years. Still, an egregious case has emerged out of Texas, with a black man charged with a simple misdemeanor convicted to 70 years in prison. We will speak directly with the man's attorney about how they are trying to correct the outrageous ruling. As Texas serves a black man with injustice, Texas Governor Greg Abbott is trying to get a white man who killed a BLM protestor pardoned. We will speak with a state representative about what is done to ensure the justice system works for Black Americans. A historically Black college in Charlotte, North Carolina, has been denied tax exemption for 14 of the 24 parcels of land it owns due to not meeting statutory requirements for exemption. This could leave the college with a $127,000 property tax bill. The Barber-Scotia College Interim President and the Chair of the board will be there to tell us how the school is trying to appeal the tax-exempt denials to the Board of Equalization and Review. United States Supreme Court Justice Clarence Thomas is facing allegations of corruption after failing to report 20 years of donor gifts and trips. Elie Mystal, Justice Correspondent for The Nation, will explain the historical significance and why an overhaul of court ethics laws and requirements is needed. In our education matters segment, we'll highlight an organization helping families prepare their children for college. The founder of The Collegiate Hustle will explain how her organization supports middle-class families in preparing their children for a holistic college experience. Download the #BlackStarNetwork app on iOS, AppleTV, Android, Android TV, Roku, FireTV, SamsungTV and XBox http://www.blackstarnetwork.com The #BlackStarNetwork is a news reporting platforms covered under Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research.See omnystudio.com/listener for privacy information.
Liberty Dispatch ~ January 17, 2022 On this episode of Liberty Dispatch, hosts Andrew and Matthew take a look at the week that was with help from guests Dr. Michael Thiessen and Tim Tysoe, as well as looking at proposals for universal basic income and the amazing corruption and fiscal irresponsibility of our Federal Government surrounding the development and implementation of the ArriveCan app. [Segment 1] - INTERNATIONAL Firing Squad w/Dr. Michael Thiessen & Tim Tysoe (11:15-26:36): 1. Excess deaths in the UK are among the worst in 50 years: https://www.bbc.com/news/health-64209221; 2. Germany Orders Holocaust Survivor Institutionalized Over Covid19 Shot: https://ussanews.com/2023/01/14/welcome-to-the-fourth-reich-germany-orders-holocaust-survivor-institutionalized-over-covid19-shot; 3. Pfizer gives $1 million to the Republican Party of Kentucky to expand its headquarters: https://kentuckylantern.com/2023/01/09/pfizer-gives-1-million-to-republican-party-of-kentucky-to-expand-its-headquarters; 4. Michigan’s Muslim-majority city council approves animal sacrifice for religious purposes: https://www.foxnews.com/us/michigans-muslim-majority-city-council-approves-animal-sacrifice-for-religious-purposes; [Segment 2] - Saint John City Council votes unanimously to move toward a Universal Basic Income (27:50-01:00:25): https://www.cbc.ca/listen/live-radio/1-28-information-morning-saint-john; Bill C-223: https://www.parl.ca/DocumentViewer/en/44-1/bill/C-223/first-reading; Ontario's Failed Experiment at UBI | The Heritage Foundation: https://www.heritage.org/international-economies/commentary/canadian-experiment-quickly-shows-failures-universal-basic; Finland Suspend UBI Experiment | FEE (2017-2019): https://fee.org/articles/finland-ends-its-experiment-with-universal-basic-income/; Canadian Equalization Payments: https://en.wikipedia.org/wiki/Equalization_payments_in_Canada; [Segment 3] - Federal Government gave out ArriveCan contracts to questionable and shady organizations (01:01:30-END): https://twitter.com/RealAndyLeeShow/status/1608306981458087936?t=tnKJALoSWbHHPCn0tiLoUg&s=19; https://twitter.com/RealAndyLeeShow/status/1557031814224662531. SHOW SPONSORS: Join Red Balloon Today!: https://www.redballoon.work/lcc; Invest with Rocklinc: info@rocklinc.com or call them at 905-631-546; Get Your Coffee Fix, Order from Resistance Coffee Today!: https://resistancecoffee.com/lcc; Diversify Your Money with Bull Bitcoin: https://mission.bullbitcoin.com/lcc Sick of Mainstream Media Lies? Help Support Independent Media! DONATE TO LCC TODAY!: https://libertycoalitioncanada.com/donate/ Please Support us in bringing you real, truthful reporting and analysis from a Christian perspective. SUBSCRIBE TO OUR SHOWS/CHANNELS:LIBERTY DISPATCH PODCAST: https://libertydispatch.podbean.com; https://rumble.com/c/c-1687093; OPEN MIKE WITH MICHAEL THIESSEN: https://openmikewithmichaelthiessen.podbean.com; https://rumble.com/c/c-1412501; THE LIBERTY LOUNGE WITH TIM TYSOE: https://rumble.com/c/c-1639185 STAY UP-TO-DATE ON ALL THINGS LCC: Gab: https://gab.com/libertycoalitioncanada Telegram: https://t.me/libertycoalitioncanadanews Instagram: https://instagram.com/libertycoalitioncanada Facebook: https://facebook.com/LibertyCoalitionCanada Twitter: @LibertyCCanada - https://twitter.com/LibertyCCanada Rumble: https://rumble.com/user/LibertyCoalitionCanada YouTube: https://www.youtube.com/channel/UCLb1yNIeJ-2bSuHRW4oftRQ Please LIKE, SUBSCRIBE, RATE & REVIEW and SHARE it with others!
In this episode, we talk all about property taxes with Steve Anderson. Steve has been a licensed real estate broker in Oregon since 1988. Since 2011, he has represented over 2,000 taxpayers at boards of property tax appeals, over 300 taxpayers at Oregon Tax Magistrate Court, and over 100 taxpayers at Washington Boards of Equalization hearings. From 2015 to 2019, he hosted "The Property Tax Avenger Show," a weekly radio call-in show on the AM radio station KBNP 1410. Steve discusses whether or not you should appeal your bill and breaks down the appeal process. If you're looking to save money on property taxes, listen to this episode now! [00:01 - 05:28] How to Appeal a Property Tax Bill Steve tells us his background He explains the appeal process in detail Don't wait too long to challenge the bill you received The appeal is based upon a value that the assessor has come up with on the property The majority of appeals are resolved without going to trial, but a small number do go to trial The difference between the local-level and state-level appeal process [05:29 - 08:43] Dos and Donts When Filing an Appeal Ensure that the appeal makes sense for you and the property Pay attention to sales in the neighborhood if it's residential or sales in the community if it's a commercial property Be aware of comparable sales or appraisals on the property for that particular timeframe If it's below the real market value on the assessment, that's a good basis for an appeal [08:49 - 16:28] Understanding Property Taxes For pre-buys, it's important to study the market and the potential tax bill Consider the county employee turnover rate and that you're probably dealing with different people all the time Get advice or representation from people who have local knowledge The initial review is usually free or very low cost Run from people who guarantee results Educate yourself as a property owner and make a decision based on the information that you have [16:29 - 17:29] Closing Segment Reach out to Steve! Links Below Final Words Tweetable Quotes “The way I do that is I make sure I have a clear conscience going to bed and not taking advantage of people.” - Steve Anderson “When the market is negative, which I've been involved with, the county doesn't seem to chase that value down as the market does.” - Steve Anderson “Someone like myself can break in and look at the marketplace locally and get a apples to apples comparison on your property.” - Steve Anderson ----------------------------------------------------------------------------- Connect with Steve Anderson at steve@1stcp.com and 5038694349 and visit propertytaxavengers.com. Connect with me: I love helping others place money outside of traditional investments that both diversify a strategy and provide solid predictable returns. Facebook LinkedIn Like, subscribe, and leave us a review on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on. Thank you for tuning in! Email me → sam@brickeninvestmentgroup.com Want to read the full show notes of the episode? Check it out below: [00:00:00] Steve Anderson: Well, the county comes up with a value for the property every year to send you out a statement saying, we either believe it's going to be this amount or it is this amount, one or the other. And then you have a certain amount of time after that letter sent to you to either challenge it or agree. If you don't want to challenge it, you agree to it, okay? And the biggest problem is a lot of my clients don't know that, and so we need to kind of, you know, let them know, Hey, look, you've got 10 weeks or two months or whatever it is to respond to this and file the appeal. And the appeal basically is based upon a value we come up with on the property. So it might be based on comparable sales, might be based on our appraisal on the property, might be based on the purchase of the property itself. [00:00:47] Sam Wilson: Steve Anderson is a property tax appeals specialist. Steve, welcome to the show. [00:00:52] Steve Anderson: Thank you, Sam. [00:00:53] Sam Wilson: Absolutely. Steve, there are three questions I ask every guest who comes in the show, in 90 seconds or less, can you tell me where did you start, where are you now, and how did you get there? [00:01:01] Steve Anderson: I started in 2007. I was approached by the local county to be on the proper tax appeals board there. I did that for four years for over 2000 cases as a hearings officer. And then in 2011 I started to hang my shingle out and help taxpayers ,that I think they're getting a very good shake with the tax appeals board and the assessors. And so doing that now for 11 years, we work in Wilton, Oregon, and Washington. We're the largest filer in Oregon, both as local level on state level. And we've helped thousands of customers save millions of dollars in property taxes. [00:01:29] Sam Wilson: That's great. I know that's music to practically everyone who's listening to this show. Property taxes are by and large, I think almost every investor's largest expense. So, you know, I think this is obviously worth paying attention to. Steve, I just have some questions for you about the process. You mentioned their hearings officer, a bunch of things that kind of made me go cross-item, probably a lot of your clients do. But can you break down what is the property tax appeals process in a nutshell? [00:01:58] Steve Anderson: Well, the county comes up with a value for the property every year to send you out a statement saying, we either believe it's going to be this amount or it is this amount, one or the other. And then you have a certain amount of time after that letter sent to you to either challenge it or agree. If you don't want to challenge it, you agree to it, okay? And the biggest problem is a lot of my clients don't know that, and so we need to kind of, you know, let them know, hey, look, you've got 10 weeks or two months, or whatever it is to respond to this and file the appeal. And the appeal basically is based upon a value we come up with on the property that assessor has. So it might be based on comparable sales, might be based on appraisal on the property, might be based on the purchase of the property itself. You would think the county would just go ahead and adjust those values. They don't because obviously just doesn't benefit then. So that's what we do here. And our review process pretty much is, free to the client. I want to qualify that we don't do multifamily projects. We don't do you know, shopping centers for free, but we'll charge you by the hour. But if that's a single-family dwelling or single-tenant commercial, typically, we do that for free, give back to you, recommend what we think we should do, what the value is and what the potential savings are. And then if they decide to engage us, we go forward. [00:03:02] Sam Wilson: And when you go forward, what's that process with the city or the county? [00:03:07] Steve Anderson: Typically, you file an appeal. In Oregon, you're pretty much required to have an interior inspection of the property. So we coordinate that with the property owner. We actually attend on their behalf. A lot of my owners don't even show up for this. They just give me a key or leave a key somewhere, and we go through the property and look at it with the county. There, they're going to take pictures of the property looking for verifying square footage, looking for a condition, that kind of stuff of the property. And after that takes place, typically we start negotiating back and forth on based off that inspection. And 95% of our cases get resolved for they go to trial. But we've also very picky about what we select. There's properties that we look at and go, this isn't worth fighting. There's just not money here to make it worth our while to be involved and, or you know, do you really want the county to come out there and look at what you have that they don't know about 'cause there are things, you know, we can run the spreadsheets on properties that weren't weren't ever, you know, permitted or additions on properties weren't ever permitted, that kind of stuff. And I advise my clients, potential clients, look, don't, don't file, because they're going to come out there and they're going to add value over what they're at right now, and I don't want to do that to you. So that's what I kind of do. [00:04:10] Sam Wilson: That's really interesting. So you guys file the appeal, you said 95% of them get resolved without ever going, and you use the word to trial? [00:04:19] Steve Anderson: Right. [00:04:20] Sam Wilson: The other 5%, what is going to trial mean? [00:04:23] Steve Anderson: Well, at the local level, we meet with a three-person board here in the county, and this, we, we submit a value and the county submits a value. We go from the board and kind of arm wrestle over that value back and forth. I use that word loosely, but yeah, we go back and forth on what the value really should be. The county war makes the decision. It's an independent third party. It's not presumed up for the assessor. There are three local citizens-based taxpayers that are appointed by the county commissioners. At the state level, the tax court, we have magistrates and judges there that we submit and file property information to there, and we actually have physical trials there. We actually go down to, in our case, about 50 miles away, we go down to a courtroom down there and testify and have, you know, appraisers and that kind of stuff too, testified too. But I haven't been in the state tax court in about three years. Then we filed 59 cases there last year. So that gives you an idea of our ratio there. Although I foresee it happening this year, we probably have more cases next year going to trial than we did this year, so, or in the last two years, I should say. [00:05:17] Sam Wilson: Got it. That's really interesting. Thanks for breaking that process down. I know for a lot of us, that's probably something that we don't deal with on a daily basis. So I think just understanding the mechanics of how, you know, these get resolved. So Steve, I guess the question I have for you is you mentioned that there are projects that aren't worth looking at. You gave an example there of, hey, you know, maybe there's, you know, more buildings on the property than what maybe we're committed, things like that. We don't want to increase the value. Are there other situations where you'll look at a potential appeal and just say, hey, this isn't worth pursuing and what are those if so? [00:05:51] Steve Anderson: We learned that a lot in the multifamily and commercial properties here locally because their real market value is really kind of, could be kind of high, but they're actually paying taxes on a lower value because of the way the taxation system works here in our area. So they could have maybe a $4 million valuation put on by the county, and the person goes, it's not worth $4 million. And they call me up or email me and I look at it and go, yeah, you're only paying tax. That's going to be half a million dollars. And he paid $2.4 million five years ago. So it's hard for me to go and form a board and say, it's only got up a hundred thousand dollars in value in the last five years. I mean, then especially in our market, it's been, you know, pretty good and multifamily are pretty good here. So a lot of times it's just, it's educating that client. Secondly, if there's a situation where they're going to save like a hundred bucks, by the time they pay me, they're negative on the whole thing. And some people will say, I want to do it for the principal thing. Well, I'm not involved in that. I should say that I am, but I'm not, because I don't want to waste people's money's for what it boils down to. And I have to sleep at night. And the way I do that is I make sure I have a clear conscience going to bed. And that's not taking advantage of people. That's why I don't want to do that. But I get that all the time. Well, I want to make it right. Yeah, we make it right, but it's not going to solve anything. It's not going to, you know, it's not going to save me any taxes and why pay me to do that? That just makes sense at all. [00:06:53] Sam Wilson: Well, and especially for a large commercial project, if it doesn't move the needle in any, who really cares? [00:06:58] Steve Anderson: Right. [00:06:59] Sam Wilson: In the end, not that we're all in this just to make money, but it does need to be profitable. And so there's a profit motive there. If it's not there, then it's kind of a moot point. So that's really, really interesting. What are things that you think people could or should be doing as it pertains to the appeals process? [00:07:16] Steve Anderson: Pay attention to sales in the neighborhood that's residential or sales in the community if it's a commercial property. Just look at what's going on around you, et cetera. And then also be aware of the fact that that assessment coming from the county is based upon a certain day of the year. And our case is January 1st. So even though the bill comes out in October, is based upon a value 10 months ago. So you need to be aware of comparable sales or appraisal on the property or sale of property in that particular timeframe. Usually, it's about six months that we decide on what will work in our appealing process with the county. [00:07:46] Sam Wilson: Right. Is there anything else, you know, that you guys are using to build value or to build, you know, I guess what the county sees as the value of the property other than recent sales? [00:07:56] Steve Anderson: In the hierarchy of evidence, the arm's length transaction, number one. So if you got a sale on the property, that's the strongest you can have. That basically is on the market for a while, someone come in, made an offer to them, and wasn't compelled to do that. Secondly, would be an appraisal on the property. Third would be comparable sales. And if that doesn't work for it, next is the listing activity. Property's with the market for a certain amount of time, around that timeframe we talked about when the session date is, if it's in a market value, below the real market value on the assessment, that's a good basis for, you know, an appeal because the fact that the market's not reacted to a lower number based upon the asking price of the property on the mobile listing service. [00:08:29] Sam Wilson: Got it. That seems to make a lot of sense and probably something that's overlooked is the comparable properties that are listed out there. Yeah, and you say, okay, look, these have all been in the market for 180 days and none of 'em have moved for a price lower than what you're saying my property is worth. That's a really interesting piece of information there. What process or what would you recommend to anybody on a potential pre-buy as it pertains to looking at taxes, looking at how we incorporate that into our projections, things along those lines? [00:08:57] Steve Anderson: I would take a look at what the county has assessor has on the property, what the potential real tax bill is right now, and basically, you know, try to process what it'll be going forward. If the market's going to have 8% tax, probably about 8% with that. So just kind of factor that in. I mean, everybody talks about it's a great market, all that. Yeah, but your taxes go up, the taxes fall the market pretty much in almost every little moment. And that happens in a great market, you know, you're going up 10, 15% in taxes every year, and that's a hard, you know, pill to swallow, especially if you're an investor because you got to factor that back into the rent or, you know, somewhere it's got to come back out of the, you know, to affect the bottom line. Secondly, I found that it's kind of interesting when the market is negative, which I've been involved with. The county doesn't seem to chase that value down as the market does. So it's on the board and county-wide, the average net was a negative was 18% across the board and the county reduces properties values by 11% because it said it was market justified. I'm a real estate broker, right? I've got the same data they do. I'm going, no, it's 18%. It's across the board, 18% and they went down to 11% because it, obviously, it benefits them to do that. They're not, you know, they want to give away the farm, so to speak. [00:10:01] Sam Wilson: Right. Yeah. I'm thinking of a project that we had looked at and it was appraised. This was in, oh gosh, this was in Cook County, Chicago. [00:10:11] Steve Anderson: Okay. [00:10:11] Sam Wilson: Oh yeah. We looked, we looked at the appraised value and then we looked at what it would, and they were in a reappraisal year, which I don't know, you know how that all functions 'cause I think everybody's on their own schedule. But they were in a reappraisal year and how it ended up working out was that if we had bought it for the price that we thought it was worth, the taxes would've then just, it made the whole deal just not even pencil. [00:10:34] Steve Anderson: Right. [00:10:34] Sam Wilson: It was like, okay, Cook County's going to reappraise this and then suddenly we're going to go flat broke owning this asset. So we had to walk. I don't think it ever traded hands. Is there a way around situations like that for sellers? [00:10:46] Steve Anderson: Not really. I mean, they're going to re-appraise. They're going to re-appraise. That's what it boils down to. They're in a cycle, I think every seven years here where I'm at. But it sounds like what they go back to and look up stuff, they don't physically look at it. They do it by computer. And I had a case here a couple of years ago, just kind of interesting story for you. We had a hotel, it was built. It came online in 2019, and so their first bill was in 2020. What happened 2020 in March? You had COVID hit, okay? And so the county had based the value based upon a full hotel at the room rate that they were anticipating, okay? Versus the hotel was 19% occupied at a lot lower rate to get someone to stay there, okay? So, We had about an 8 million differential but the county said, it worked with what we had on an MI appraisal. So we knocked the county off for about 200 grand on two years on that one. My client was very happy with that one because it was also a basis issue. We were establishing value that particular year. So we lowered that basis value to begin with. And so they'll have an artificial should lower number, if you will, versus our competitors going forward because the fact that COVID was there and it affected the marketplace. And here's the other thing I need to tell you and kind of, I mean, I don't want to brag about what we do. But I've found that pretty much everywhere I go, the average turnover rate in an assessor's office, about 22% per year. Now, think about that for a minute, okay, every five years someone brand new's sitting there, right? So there's not a whole lot of, I mean, what I get, a lot of my opinion is the Wizard of Oz kind of reminds me of the guy behind the curtain. They're pulling a lot of levers and all this other stuff, but the people that are doing this stuff down there, for the most part, are either learning what they're doing or don't know what they're doing, one or the other. And you, the poor taxpayer, when you call in the office, in the help desk, the newest person in the county is sitting there answering the phone for you. So you can imagine what kind of level of information you're getting from the county when you call in, typically. It's not very good usually. And their attitude is pay the taxes and get 'em out the phone. That's what they want you to do. So there are people like me that do this nationwide, I'd recommend getting someone who has a little local knowledge, if you will. Much of my competitors are in international and national and all that. They're just going to send you some, some printed-out comps from sales and all that, that no breakdown on what those sales are. Someone like myself can break in and look at the marketplace locally and get a apples for apples comparison on your property. So that helps you. [00:12:50] Sam Wilson: Should we appeal every tax bill? [00:12:53] Steve Anderson: You can. And I have clients I call frequent flyers in my airline that they do every year. But it has to make sense. And a couple of them are, hey, look, this isn't going to work this year. Let's try it again next year. And I have like 3000 clients that I look at every year just for the, you know, just, just looking at 'em right now., going through the process 'cause they're in my books, so to speak, and just review 'em every year what their situation is based on their, the new tax value coming out from the county. [00:13:18] Sam Wilson: Yeah. No, that's the frequent flyers. I like that. That's pretty funny. Yeah, I know I know some friends of mine in the business just have a habit of it. They say, hey, look, you know, we get a new tax bill, we're going to appeal it across our entire portfolio. It's just a course of action for us. And they seem to find value in that. I was really curious what you thought about that. Anything else that comes to mind that you think would be relevant or that we should really be paying attention to as it pertains to property tax, appeals, timing, you know, procedures, just anything along those fronts that you say, man, this is something that somebody should really be thinking about? [00:13:53] Steve Anderson: Well, first of all, look at your bill when it comes. Open the envelope and look at it 'cause a lot of people don't do that. They just go ahead. Their bank's paying it, they don't care. Their mortgage fund's paying for it. They don't care. And then they call me in February and say, I want to appeal this. Sorry, you missed the deadline, it's December 31st, and you had four months to call me. You know, I can't change the timeline here. So that's the main thing is take a look at it. If you agree with it, if you look around the properties in your neighborhood and you've seen some sales take place, and then the number that county's saying is is about right, I would just, you know, pay the bill, okay. If you don't agree with it, get ahold of someone that myself and say, hey, look, can you take a look at this for me? And most of the people I know in my industry, usually won't charge or charge very little to have an initial review, initial consultation. But after that point in time, obviously, if you want to engage us, there's a letter of engagement that comes out and there's, you know, money exchange and that kind of stuff. But typically, the initial review typically is either free or very, very low cost, one or the other, depending on where you're at. And you know, we do, we're going to do between three and 4,000 of those here the next 90 days just in Oregon alone. [00:14:51] Sam Wilson: Wow. [00:14:52] Steve Anderson: So I have a team here that works with me, so I don't do it myself. Thank God. [00:14:56] Sam Wilson: I'm going to say you're moving fast if you're getting3,000e or 4,000 of those out here in short order. Last question for you. What is the percentage of appeals that you handle that actually have some sort of meaningful difference in the tax bill? [00:15:11] Steve Anderson: 94% of our clients last year got a refund from the county or state that we have file for. So we're an A student. How's that? [00:15:17] Sam Wilson: You are an A student. I love that. No and I don't ask just to ask, you know, your track record in particular, but really just to kind of paint a picture as to what a property tax appeal specialist, you know, probably in general can expect or we could expect to see, you know, results from. 94% of the time sounds pretty good to me. [00:15:34] Steve Anderson: Yeah, I don't know what that number is for the rest of the industry. I will tell you this. If someone in my industry guarantees you results, run, don't walk from them, okay? A lot of my competitors will say, oh, yeah, we can get this thing, we can get it done. Give me 500 bucks up front. I'll work on 'em for you. No, don't do that. Don't throw away $500 on something that's not getting, don't have the reason to be there, quite frankly, okay? Think it through. I mean, I obviously, tax bill creates a lot of problems. It's usually the largest bill people, check people write to the government every year, some property taxes over IRS, over in the state local taxes, if you will. There's not little you can do about it and people don't know them much about it. It's kind of interesting. It's the biggest check you write every year, but you don't really know what, you know, what's going on, so obviously figure it out a little bit, bone up on it as a property owner and just figure it out. You know, hey, what's going on around my neighborhood or my commercial building, what's going on there? And make a decision based off that information. Then maybe call someone like myself, say, hey, or email, hey, can you take a look at this for me? What do you think? And, you know, that's the way I would do it. [00:16:28] Sam Wilson: Fantastic. Steve, thank you for taking the time to come on the show today. Certainly appreciate it. If our listeners want to get in touch with you or learn more about you, what is the best way to do that? [00:16:37] Steve Anderson: Email is steve@1stcp.com. That's number 1, S as in Sam, T as in tango, C as in Charlie, P as in Papa.com. My phone number is 5038694349, our cell number, it's with me all the time. We also have our website. It's propertytaxavengers.com [00:16:56] Sam Wilson: Love it. We'll make sure we put all of that information as well there in the show notes. Steve, thank you again for taking the time to come on today. I do appreciate it. [00:17:02] Steve Anderson: Thanks, Sam. Nice meeting you.
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