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In this episode of Financial Clarity for Doctors, Rachelle Vanderzanden and Corey Janoff discuss some benefits of tax minimization for high income earners, but also the need to look beyond and keep things simple sometimes. When you are constantly chasing tax savings, you can end up using strategies that are time consuming, potentially expensive, and sometimes overly complicated. More complicated tax minimization strategies can include: Real estate ventures Investing in opportunity zones Commercial solar investments Strategic use of permanent life insurance Simpler tax planning can include: Maxing out your tax-advantaged retirement plans Using tax loss harvesting, when possible, in taxable investment accounts Potentially holding municipal bonds in taxable accounts Direct indexing in taxable accounts Being strategic about the timing of taxable distributions in retirement – potentially converting some pre-tax dollars before required minimum distributions kick in, etc. There are some people who really enjoy exploring and executing complicated new strategies. For many people, the best idea is to keep things relatively simple. Financial professionals can help you with many of these strategies, but it's important to have a good understanding of what's happening with your money. You get to decide how much time and energy you want to put into that. For more financial planning tips from Corey and Rachelle, find them on social media! LinkedIn: @CoreyJanoff; Instagram: @CoreyJanoff and @VanderzandenRachelle; and Twitter: @CoreyJanoffCFP Discussions in this show should not be construed as specific recommendations or investment advice. Always consult with your investment professional before making important investment decisions. Securities and advisory services offered through LPL Financial, a registered investment advisor, Member FINRA/SIPC. Finity Group, LLC is a separate entity from LPL Financial. Citations: Amir Ali, Kamran. Bonus Depreciation for Short-Term Rentals: The Complete Guide (2026). Guest Manual. April 17, 2026. https://www.guestmanual.com/articles/bonus-depreciation-short-term-rental Watson, Jason. Selling Your Rental Property – Cost Basis and Recapture. WCG. March 31, 2026. https://wcginc.com/kb-rental-property/selling-your-rental-property-cost-basis-and-recapture/
What happens when a real estate syndication exits and all that bonus depreciation comes back into play? In this episode, Nate Sosa and Thomas Castelli break down depreciation recapture, cost segregation, and the tax implications GPs and LPs need to understand before selling a deal. Topics discussed include: - Bonus depreciation and cost segregation - Depreciation recapture mechanics - 1245 vs. 1250 vs. 1231 gains - 1031 exchanges in syndications - Refinancing strategies - Partial asset dispositions - LP communication and tax planning - Time value of money and tax deferral Request a free discovery meeting: go.therealestatecpa.com/mlre Get the Ultimate Guide for Real Estate Syndications: go.therealestatecpa.com/mlreultimateguide Submit your questions to: go.therealestatecpa.com/question The Major League Real Estate podcast is for general information purposes only and is not intended to provide, and should not be relied on for, tax, legal, investing, financial, or accounting advice. Information on the podcast may not constitute the most up-to-date legal or other information. No reader, user, or listener of this podcast should act or refrain from acting on the basis of information on this podcast without first seeking legal and tax advice from counsel in the relevant jurisdiction. Only your individual attorney and tax advisor can provide assurances that the information contained herein – and your interpretation of it – is applicable or appropriate to your particular situation. Use of, and access to, this podcast or any of the links or resources contained or mentioned within the podcast show and show notes do not create a relationship between the reader, user, or listener and podcast hosts, contributors, or guests. Any mention of third-party vendors, products, or services does not constitute an endorsement or recommendation. You should conduct your own due diligence before engaging with any vendor.
In this episode of Tax Tuesday, Anderson Advisors' Barley Bowler, CPA, and Eliot Thomas, Esq., answer listener questions covering a broad range of real estate, retirement, and investment tax topics. They break down cost segregation studies and depreciation recapture, explaining how bonus depreciation accelerates deductions and how 1031 exchanges and stepped-up basis can help investors defer or eliminate gain entirely. They address whether vacated rental rooms can qualify as deductible office space, and walk through how multi-state 1099 income is taxed when a worker performs services in Kansas for California patients through a Utah company. Barley and Eliot also clarify how MAGI determines the taxable portion of Social Security benefits in retirement, and confirm that qualified retirement plan distributions are protected from California taxation once a taxpayer has established residency in Nevada. Additional topics include 529 college savings plans for children attending accredited foreign universities, combining Roth IRAs with a payroll strategy for minor children, when Schedule E versus Schedule C applies to short-term rental income, and the significant hurdles of qualifying for Trader Tax Status — along with an alternative C-corporation trading structure that may offer far greater and more reliable tax advantages. Tune in for expert advice on these topics and more! Submit your tax question to taxtuesday@andersonadvisors.com Highlights/Topics: [00:00] Intro to Tax Tuesday with Eliot and Barley [7:10] "I would like to know more about cost segregation and depreciation recapture on property sales." Cost segregation accelerates deductions upfront. Recapture taxes those gains at ordinary rates upon sale. [18:00] "At the beginning of this year, I moved into a new home. At my previous residence, I had been renting two rooms, and I am currently working to sublet them. I am still on the lease and committed to covering the cost of those two rooms until I find replacements. My question is: since I am continuing to pay for these rooms, would it be possible to classify them as office space and potentially use them as a tax deduction?" Have your business assume the lease directly. That creates a clean, legitimate deduction. [22:53] "My wife is doing remote 1099 work, and I had a question on where state taxes are due. We live in Kansas and she performs the work from a home office or rented office space in Kansas. She is performing this work through a contracting/locums company based out of Utah, but the current work she is providing is for patients in California. Do we pay KS or CA state income tax for this 1099 work?" Both Kansas and California claim the income. Kansas credits taxes already paid to California. [29:35] "Taxes in retirement: we know you can be taxed on Social Security. We don't know the details. How much can you make to avoid being taxed? Does the IRS include all incomes, passive and active? We just don't have details." Between 50–85% of benefits may be taxable. MAGI includes all income, even tax-exempt interest. [36:54] "I have been a Nevada resident for 2 years. I started my retirement from a California corporation this year. Can California tax my retirement benefits now that I am a NV resident?" No. Federal law fully protects qualified retirement benefits paid to Nevada residents. [40:55] "I am a business owner in Texas. My twin kids are growing up in a foreign country with their cousins. They may want to pursue higher education there. I haven't started a 529 college savings plan yet. If they decide not to go to college at an American university, what would be the best type of tax-sheltered account to invest in, for the kids?" 529 plans cover accredited foreign universities. Combine with a Roth IRA for maximum impact. [48:17] "Is it okay to use Schedule E to report short-term rental income?" Yes, if you provide only minimal services. Substantial services push income to Schedule C. [53:55] "For 2025 tax year, I made more than 800 trades - frequently - 3 days/week throughout the year. I made profits both from long-term investing and short-term trades. Am I eligible for Trader Tax Status and able to deduct my expenses in 2025 filing (I applied for extension)." Trader Tax Status is highly subjective and audit-prone. A C-corp trading structure is safer. Resources:
Core ConceptCost Segregation = Accelerated DepreciationEngineering study reclassifies parts of a building into shorter lives (5, 7, 15 years).Combined with 100% bonus depreciation on 5- and 15-year assets → huge year-one write-offs.Impact vs. Regular DepreciationStraight-line 39-year on a $1M building → $25K/yr deduction ($9.5K tax savings at 37%).With cost seg + bonus → about $386K year-one deduction (~$143K tax savings).Real ExampleTyler's $480K office:Cost seg study: $2,750.Year-one tax savings: ~$141K (almost 30% of purchase price).Who Benefits MostHigh earners (especially 37% bracket) who:Have passive income, orQualify (or spouse qualifies) as real estate professional, orOwn the building their business operates from.Important ConstraintsDepreciation is usually a passive loss:Offsets passive income, not W-2, unless RE professional.If no passive income, losses carry forward.Recapture (~25%) when you sell; often managed via 1031 exchange.Must use a cost seg engineer + savvy CPA; get a second opinion if your CPA dismisses it without nuance.
When was the last time you felt truly spontaneous? On this week's episode of Love University, we explore the life-changing power of spontaneity. Children and animals naturally live in the moment. They laugh, play, explore, and react with openness and curiosity. As adults, many people become trapped in routines, repetition, and overly serious living. Spontaneity helps you reconnect with the lighter, freer, and alive parts of yourself that become buried beneath stress and obligation. With more spontaneity, you experience more creativity, fun, and success in your inner and outer life. Here are three ways to bring spark and exuberance back into your life: Recapture the Playful Energy of Childhood One of the fastest ways to awaken spontaneity is by spending time with your children and animals. They naturally embody joy and presence and invite you into their world of fun and exploration. Playing games, running outdoors, being silly, or simply relaxing without an agenda soften rigid mental patterns that build up through adult preoccupations. As you reconnect with your playfulness, your mood lightens and everyday frustrations lose much of their emotional weight. Life begins to feel open, relaxed, and enjoyable again. Play All the Keys on the Mental Piano Many people become emotionally stuck because they play one key on their “mental piano”—they keep repeating the same negative thought, for example, "I can't find success." A healthier and more expansive approach is to play all the psychological keys, including thoughts of gratitude, compassion, joy, curiosity, and hope. As your emotional flexibility increases, your resilience and creativity rise as well. Instead of being trapped inside one note of negativity, you create a richer and more uplifting psychological life. Enjoy the Easy Roll of Life Many people exhaust themselves trying to force relationships and opportunities to happen exactly the way they want. The “easy roll of life” teaches a different approach. Imagine that what you want, a certain outcome, is like a rock. Instead of desperately chasing the rock (person or situation) uphill, allow it to roll naturally downhill to you. You trust that the right people and circumstances will move toward you in the proper time. This mindset reduces strain, anxiety, and emotional pressure. You remain focused on your goals, but you stop trying to control every detail. As you relax into the rhythms of life, your intuition becomes sharper, your creativity increases, and you have better results than ever before. Spontaneity can help you break free from rigidity and enable you to experience life with greater enjoyment and vitality. When you play through life while still taking your responsibilities seriously, you find the perfect balance. You live your dreams with pure joy and fulfillment. For more self-wisdom, make sure you pick up a copy of Invincible You on Amazon at https://tinyurl.com/3y3szh27
When was the last time you felt truly spontaneous? On this week's episode of Love University, we explore the life-changing power of spontaneity. Children and animals naturally live in the moment. They laugh, play, explore, and react with openness and curiosity. As adults, many people become trapped in routines, repetition, and overly serious living. Spontaneity helps you reconnect with the lighter, freer, and alive parts of yourself that become buried beneath stress and obligation. With more spontaneity, you experience more creativity, fun, and success in your inner and outer life. Here are three ways to bring spark and exuberance back into your life: Recapture the Playful Energy of Childhood One of the fastest ways to awaken spontaneity is by spending time with your children and animals. They naturally embody joy and presence and invite you into their world of fun and exploration. Playing games, running outdoors, being silly, or simply relaxing without an agenda soften rigid mental patterns that build up through adult preoccupations. As you reconnect with your playfulness, your mood lightens and everyday frustrations lose much of their emotional weight. Life begins to feel open, relaxed, and enjoyable again. Play All the Keys on the Mental Piano Many people become emotionally stuck because they play one key on their “mental piano”—they keep repeating the same negative thought, for example, "I can't find success." A healthier and more expansive approach is to play all the psychological keys, including thoughts of gratitude, compassion, joy, curiosity, and hope. As your emotional flexibility increases, your resilience and creativity rise as well. Instead of being trapped inside one note of negativity, you create a richer and more uplifting psychological life. Enjoy the Easy Roll of Life Many people exhaust themselves trying to force relationships and opportunities to happen exactly the way they want. The “easy roll of life” teaches a different approach. Imagine that what you want, a certain outcome, is like a rock. Instead of desperately chasing the rock (person or situation) uphill, allow it to roll naturally downhill to you. You trust that the right people and circumstances will move toward you in the proper time. This mindset reduces strain, anxiety, and emotional pressure. You remain focused on your goals, but you stop trying to control every detail. As you relax into the rhythms of life, your intuition becomes sharper, your creativity increases, and you have better results than ever before. Spontaneity can help you break free from rigidity and enable you to experience life with greater enjoyment and vitality. When you play through life while still taking your responsibilities seriously, you find the perfect balance. You live your dreams with pure joy and fulfillment. For more self-wisdom, make sure you pick up a copy of Invincible You on Amazon at https://tinyurl.com/3y3szh27
What happens when you sell a rental property after taking depreciation deductions? Many investors are shocked to learn they may owe more than just capital gains tax. In this episode, Thomas Castelli and Nate Sosa break down how depreciation recapture actually works, including the three different tax “buckets” investors need to understand: Section 1245 recapture, unrecaptured Section 1250 gain, and Section 1231 capital gains. They explain how bonus depreciation, cost segregation studies, and qualified improvement property impact your taxes when you sell and why accelerated depreciation can still make sense despite future recapture. If you own rental properties, short-term rentals, or commercial real estate, this episode will help you understand what taxes to expect when exiting a deal and how to plan ahead to minimize them. To become a client, request a consultation from Hall CPA, PLLC at go.therealestatecpa.com/3KSEev6 Get the FREE Ultimate STR Tax Strategy Bundle: go.therealestatecpa.com/strbundle Submit your question for Tom & Nathan: go.therealestatecpa.com/question The Tax Smart Real Estate Investors podcast is for general information purposes only and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. Information on the podcast may not constitute the most up-to-date legal or other information. No reader, user, or listener of this podcast should act or refrain from acting on the basis of information on this podcast without first seeking legal and tax advice from counsel in the relevant jurisdiction. Only your individual attorney and tax advisor can provide assurances that the information contained herein – and your interpretation of it – is applicable or appropriate to your particular situation. Use of, and access to, this podcast or any of the links or resources contained or mentioned within the podcast show and show notes do not create a relationship between the reader, user, or listener and podcast hosts, contributors, or guests. Any mention of third-party vendors, products, or services does not constitute an endorsement or recommendation. You should conduct your own due diligence before engaging with any vendor.
In today's episode, we look at what is being discussed at April conferences. Plus, Robbie sits down with with Halo Programs Kirk King for a discussion on the ways originators are utilizing technology to automate daily marketing tasks to generate low-cost, high-yield leads and optimize current client relationships. And we close by examining the Fed's policy calculus.Welcome to The Chrisman Commentary, your go-to daily mortgage news podcast, where industry insights meet expert analysis. Hosted by Robbie Chrisman, this podcast delivers the latest updates on mortgage rates, capital markets, and the forces shaping the housing finance landscape. Whether you're a seasoned professional or just looking to stay informed, you'll get clear, concise breakdowns of market trends and economic shifts that impact the mortgage world.Thank you to Figure. Figure is shaking up the lending world with their five-day HELOC, offering borrower approvals in as little as five minutes and funding in five days. Figure has hundreds of partners in the Banking, Credit Union, Home Improvement, and of course, IMB space embedding their technology.
A little less than a year ago, Jack Della Maddalena was riding high, fresh off scoring the UFC welterweight title from Belal Muhammad at UFC 315. Unfortunately, like they used to say in VH1's Behind the Music: it was all about to come crashing down. After getting summarily handled by Islam Makhachev in his first title defense at UFC 322, Della Maddalena heads home to the Land of Oz this weekend for a Fight Night main event in what promises to be a good-ass scrap with Carlos Prates. If you're Jackie Flat Nose here, this seems like one you want to win in order to preserve … your status as an elite welterweight? Your good name? Any chance of ever working your way back into a title fight? Something or other. Plus, Aljamain Sterling refuses to give the UFC what it wants. And Tai Tuivasa is *rubs eyes in disbelief* a FAVORITE this weekend?!?! Learn more about your ad choices. Visit megaphone.fm/adchoices
On this Salcedo Storm Podcast:Erin Anderson, investigaivbe reporter for the Texas Scorecard.
Despite guarantees of safety, the Islamic Republic has begun seizing the assets of 400 citizens, including the captain of the national women’s football team who recently sought refuge in Australia. Brisbane community leader Ara Rasuli joined Gary to expose the "web of lies" and brutal family threats used to lure the athletes back to Tehran.See omnystudio.com/listener for privacy information.
Last time we spoke about the beginning of the first battle of Changsha. From Chongqing, Chiang debated defensive strategies for Hunan, ultimately adopting Plan B after Xue Yue's pleas, focusing on successive resistance north of Changsha to thwart Japanese advances. Japanese forces, under Okamura Yasuji, launched assaults in Jiangxi and Hunan. In Jiangxi, the 106th and 101st Divisions attacked Huibu and Gao'an, where Chinese troops under Luo Zhuoying and Song Kentang fiercely resisted. Gao'an fell briefly but was recaptured by the 32nd Army and the elite 74th Army, with heavy casualties on both sides, as recounted by soldier Liu Qihuai. In Hunan, Japanese units crossed the Xin Qiang River and landed at Yingtian, facing brutal opposition. At Bijia Mountain, Qin Yizhi's 195th Division held for four days; Battalion Commander Shi Enhua's reinforced unit perished entirely, their fragmented remains mourned by locals. Along the Miluo River, Chen Pei's 37th Army fortified positions, repelling waves of Japanese attacks, including suicide squads disguised as civilians. Recruit Yang Peyao's unit endured bombardments, inflicting significant enemy losses before withdrawing at dusk. #197 The First Battle of Changsha Welcome to the Fall and Rise of China Podcast, I am your dutiful host Craig Watson. But, before we start I want to also remind you this podcast is only made possible through the efforts of Kings and Generals over at Youtube. Perhaps you want to learn more about the history of Asia? Kings and Generals have an assortment of episodes on history of asia and much more so go give them a look over on Youtube. So please subscribe to Kings and Generals over at Youtube and to continue helping us produce this content please check out www.patreon.com/kingsandgenerals. If you are still hungry for some more history related content, over on my channel, the Pacific War Channel where I cover the history of China and Japan from the 19th century until the end of the Pacific War. Major Luo Wenlang, battalion commander of the 3rd Battalion, 55th Regiment, 19th Division of the 28th Army, harbored a peculiar quirk: he couldn't sleep soundly without unwrapping his leg bindings, a small ritual that anchored him in the chaos of war. Since the war's eruption, such luxuries were rare, and unwrapping his bindings every night became an impossibility, leaving him to endure restless slumbers. Tonight, however, sleep eluded him entirely; he tossed and turned on his makeshift bed, his mind a whirlwind of unrest. Two days after the northern Hunan battle ignited like a powder keg, the 55th Regiment received urgent orders from Division Commander Tang Boyin to race to Wukou in Pingjiang County. Their path wound through Luo Wenlang's hometown of Fulinpu, a twist of fate that stirred conflicting emotions. Entering the village under the cover of night, the entire battalion encamped in the commander's modest family village, with battalion headquarters naturally established in his ancestral home. Luo yearned to step across that familiar threshold but dreaded it, for his parents remained oblivious to a devastating truth. They slaughtered chickens and prepared meat, hosting the battalion staff with drinks and hospitality, after all, this was their son's unit gracing their home. Luo orchestrated door planks and straw for bedding, posted sentries, and deftly evaded his parents until they retired. Before dawn broke, he mustered the troops, ensured they were fed, and led them onward, slipping away like a shadow. By noon on the 22nd, they reached Wukou, only to receive fresh directives: rush to Yingtian to bolster the 95th Division against the enemy's audacious landings. The 3rd Battalion spearheaded the division's reinforcements, marching relentlessly through day and night, arriving at Dongtang, over 30 kilometers southeast of Yingtian—on the 23rd, hearts sinking upon learning Yingtian had already fallen into enemy clutches. Luo Wenlang sought out the retreating 95th Division Commander Luo Qi to beg for a mission, his resolve unyielding. Luo Qi, anticipating his arrival, relayed Commander Guan Linzheng's ironclad instructions: The 19th Division's reinforcements would assume Dongtang's defenses. With the main force still en route, Luo Qi tasked Luo's battalion with relieving a segment held by a replacement regiment. He handed over a map, sketching a line with a pencil, a simple stroke that thrust Luo Wenlang and his men onto the front lines of fate. An operations staff was dispatched to guide them to the position and oversee the handover. As the troops advanced, they encountered scattered soldiers fleeing like startled rabbits; seizing a platoon leader revealed they were indeed from the replacement regiment. Mere minutes from division HQ, the enemy was already closing in, a predator's breath hot on their necks. Luo Wenlang and Deputy Battalion Commander Wu Yacui split the battalion, launching a counterattack on Dongtang from dual routes. Fortune favored them; the Japanese held only an exhausted company, crumbling under a single, ferocious charge. They swiftly deployed two companies to the positions, reserving one as a bulwark. By dusk, the full 55th Regiment arrived, accompanied by the rest of the 19th Division's reinforcements, allowing the battered 95th Division, ravaged at Yingtian, to withdraw for desperate reorganization. The regimental commander positioned Luo's 3rd Battalion on the regiment's vulnerable left wing. In the blink of an eye, it was the 27th, aligning with the 15th of the eighth lunar month. Amid the relentless great battle, few noted the calendar, and the skies hung heavy with clouds. Luo Wenlang twisted on his straw bed, his thoughts a snarled knot of anxiety and memory. At 11 p.m., gunfire shattered the night; a barrage of machine gun bullets riddled the battalion HQ house, raining thatch and dust upon Luo like fallout from a storm. Catastrophe had struck! Luo surged toward the positions with the bugler—his battalion signal chief—and the reserve force, ascending the hilltop in a frenzy. Halfway up, he spotted 8th Company's Lieutenant Platoon Leader Rong Fayu leading over 20 soldiers in retreat. Bellowing "Why unauthorized retreat?" while brandishing his pistol, he compelled Rong to rally and turn back. The Japanese had launched a nocturnal assault; 8th Company Commander Yi Zuitao lay slain by a fatal shot, over a dozen comrades felled in brutal close combat, the survivors scattered like leaves in the wind; the high ground now belonged to the enemy. Upon learning of Dongtang's loss, the regimental commander personally led the regimental reserve, his face etched with urgency. Under flickering lantern light, poring over the map with Luo, Division Commander Tang Boyin telephoned, his voice a whipcrack of command: Recapture it before dawn, or both would face the merciless hand of military justice. After seizing the high ground, the enemy hesitated to press further; Luo surmised the darkness concealed paths, and their numbers were not overwhelming. Forgoing the regimental reserve, he led 7th Company's 4 squads and remnants of the routed 8th Company in a stealthy ascent. Near the position, a ravine concealed over 20 8th Company soldiers, rallied by Sergeant Squad Leader Tan Tianrong, who had lurked in wait for reinforcements, dreading exposure at dawn under the enemy's gaze. Spotting the battalion commander personally spearheading the counterattack, Tan Tianrong's face lit with fierce joy; his men, armed with grenades, surged as the vanguard. Intimate with the terrain even in blindness, they hurled explosives into bunkers, trenches, and works. The commander orchestrated the charge; the Japanese force of 40-50 men crumbled, over half slain or maimed, the remnants fleeing northward to their village stronghold. It was past 4 a.m.; the moon pierced the clouds, bathing the earth in a silvery glow. With positions reclaimed, the night revealed its secret: tonight was Mid-Autumn. Moonlight unraveled the tangled threads of his past; Luo draped his clothes over his shoulders, sat beneath the luminous orb, and wept in solitary anguish. Before the war, devastating news had arrived: his brother Luo Yinong had been killed in Jiangxi. Luo had three brothers; the eldest shouldered half the family's burdens, their bond unbreakable. The brother had enlisted first in the 50th Army, climbing to battalion commander through sheer valor. He and his younger brother had followed suit, inspired by that call to arms. Wartime conscription demanded only one per family, but battling the devils was a duty for the nation and its people. His brother had risen to deputy regimental commander before his end. The 50th Army notified him first. Engulfed in battle, there had been no time to console his grieving parents or tend to the funeral; it weighed on his heart like an unyielding stone. His sister-in-law, diligent and unassuming, cared for a young boy and carried another child; the long, arduous days ahead loomed like an endless shadow. The night dew brought a biting chill, the moon an icy sentinel; Luo shivered uncontrollably, his tears mingling with the frost. The sky hung heavy with overcast gloom, yet the moon lurked beyond the clouds, casting a faint, ethereal light that warded off utter darkness. Along the road, a unit's elongated black shadow snaked southward in hurried silence, a serpent of weary resolve pressing through the night. Qin Yizhi reined in his horse, pausing to gaze back: the queue stretched onward, silent and impeccably orderly, belying the exhaustion of a force scarred by days of ferocious combat, their spirits unbroken amid the shadows. After the Japanese seized the 195th Division's defiant outpost at Bijia Mountain, they surged across the Xin Qiang River in a merciless onslaught. The river, shallow enough to wade knee-deep, offered no true impediment; the real barrier was forged from the defenders' scorching blood, a crimson testament to their unyielding stand. The 195th Division clashed in a maelstrom of cruelty; positions were heaped with corpses time and again, the Xin Qiang's waters churning blood-red in relentless cycles of carnage. From the night of the 23rd to the dawn of the 25th, respite was a forgotten dream; Okamura Yasuji, in a gesture of grim respect, inscribed Qin's name in elegant calligraphy and hung it within his command tent, a haunting trophy of the foe's tenacity. Following their triumphant landing at Yingtian, the Japanese entangled the Ninth War Zone's left-wing defenders in a protracted snare, their advances grinding slowly like a predator toying with prey, menacing the flanks of the frontal troops with insidious intent. On the evening of the 27th, Xue Yue issued the fateful order for the 15th Army Group to withdraw to the precarious ground between the Miluo River and Shangshan City, ushering this blood-soaked force into an all-night march toward the next defensive crucible. Late into the night, a brief halt was called. Soldiers slumped to the ground, adjusting leg wraps and gear with mechanical precision; logistics teams darted through the ranks, distributing rations like lifelines; cooks, having forged ahead, arrived with steaming pots of rice soup, infusing the air with a rare warmth. Though no clamor broke the hush, a quiet camaraderie enveloped the queue, a fleeting balm against the war's chill. The division staff claimed a flat expanse beside a farmhouse yard for their respite. Qin settled onto a stone roller used for grinding grain, nibbling at his meager ration and sipping the hot soup that steamed in the cool air. Suddenly, moonlight pierced the clouds, cascading down in silvery streams; the familiar contours of the farmhouse stirred a flood of warmth in his heart, evoking memories of home. Chongqing, Huangshan Villa. Every window was shrouded in double layers of thick curtains, sealing out any sliver of betraying light, as if the very walls conspired to guard secrets from the encroaching night. Tonight's ethereal protagonist rose languidly from the eastern valley, its orange-red moonlight casting an aura of drowsy reluctance, as though it had not fully shaken off the slumber of the day. The feeble glow dappled the building's roof, balcony, and the surrounding hillsides, intersections, and thickets, where armed shadows lurked, capturing every rustle in the oppressive silence. Only upon close inspection could one discern the faint specks of moonlight glinting off steel helmets. Yet, beyond those fortified walls, another realm pulsed with life, a vibrant contrast to the shadowed vigilance outside. The front hall, living room, and dining room blazed with brilliant light. Vibrant flowers, dominated by chrysanthemums in full, defiant bloom, infused the air with color and fragrance; a phonograph murmured a cheerful Guangdong melody, weaving an atmosphere thick with festive joy, a deliberate illusion amid the storm of war. Chiang Kai-shek, clad in a flowing black silk gown, strode ahead with poised grace, escorting his guests into the dining room alongside the elegantly attired Soong May-ling, their conversation laced with laughter and warmth. At the table, Soong May-ling's smile was a beacon of diplomacy, as she artfully arranged the seating to suit hierarchies and alliances, while servers in crisp white uniforms moved with nimble precision. This was Chiang Kai-shek's intimate Mid-Autumn family banquet; beyond a handful of pivotal military and political figures, the gathering brimmed with relatives. Guests and kin alike noted Chiang's buoyant spirits tonight; his smiles were wide and genuine, his discourse light and expansive, delving into casual topics with uncharacteristic ease. In September 1939, China's War of Resistance Against Japan had entered its grueling third year. After the initial cataclysm of turmoil and disarray, the government and military had clawed their way to stability, adapting to this unprecedented historical crucible, with operations finally aligning into a semblance of order. According to figures proclaimed by Minister of Military Affairs He Yingqin to Chinese and foreign reporters on the 13th of this month, Japanese invaders had seized 521 counties across 12 provinces, a vast swath of conquest. Yet, the Japanese imperialists had exacted this toll at a staggering cost. Just prior, on August 30, the Hirannuma Cabinet, installed a mere eight months earlier, had collapsed in mass resignation. Hirannuma Kiichiro's predecessor, Konoe Fumimaro, had similarly bowed out amid governmental failures, chiefly the unmet ambitions in the Sino-Japanese War that he had boldly promised to parliament, exacerbating domestic political and economic woes. Days ago, when Wang Pengsheng briefed Chiang on Japan's turbulent politics, he quipped: "Konoe said three months to destroy China; three months didn't work, nor three years, who knows about 30 or 300. Hirannuma had no solutions, down in eight months. Does Abe have good ideas? How long can he be prime minister?" Indeed, Abe Nobuyuki, Hirannuma's successor, would endure a mere four and a half months before resigning in ignominy. Tonight's feast showcased Chiang's favored cuisines: delicate Jiangsu-Zhejiang dishes mingled with robust Sichuan flavors. Chiang abstained from alcohol, raising his cup in mere symbolic toasts to his guests. During the meal, as if by unspoken accord, no one broached the raging domestic battles or the volatile international landscape; conversations meandered through trivialities, skirting anything heavy or discordant, a fragile bubble of normalcy. On September 3, Britain and France had declared war on Germany, shattering the global order in a seismic shift. Foreign newspapers already bandied the term "Second World War," a phrase that evoked freshness, exhilaration, and sheer terror in equal measure. China's diplomacy surged with newfound vigor. In April, Ambassador to the US Wang Zhengting had negotiated a $20 million loan with American banks on China's behalf. In May, Stalin responded to Chiang's overtures, agreeing to exchange arms for Chinese tea, wool, raw hides, and more. A month later, the first consignment of light and heavy weapons—including artillery and heavy machine guns—arrived via clandestine routes through Xinjiang and Mongolia, bolstering the central army's frontlines. In August, Hu Shih, Wellington Koo, and Chien Tai represented the Nationalist Government at the 19th League of Nations Assembly, laying bare the Japanese imperialists' atrocities in China before the world and rallying global forces for peace to support China's defiant stand. Soon after, British and American civic groups ignited "China Week" campaigns, pressing their governments to aid the beleaguered nation. Waves of foreign volunteers streamed in from distant shores: doctors, journalists, ordnance engineers, even retired soldiers clamoring to join the fray on the frontlines. "If we could pull America into this war..." Through Soong May-ling's subtle, persuasive influence, Chiang allowed himself to daydream of that prosperous, dynamic young powerhouse across the vast ocean. Thus, on this Mid-Autumn night, his talk turned to America, to his correspondence with President Roosevelt regarding the "tung oil loan." That saga had unfolded the previous October; T.V. Soong had jetted to America, securing a loan with China's tung oil, a commodity scarce in the US, as collateral. China had boldly requested $400 million; America countered with $25 million, a classic tale of "ask high, settle low." Yet, the funds were secured. One success paved the way for many. Soong May-ling had once confided to Chiang: "In mobilizing US aid for China's resistance, I'll make a difference." When Chiang responded with a smile, "Thank you, Madam," he could scarcely foresee how his beautiful wife's extraordinary prowess in fulfilling this solemn vow would astonish him, etching eternal glory for Chinese women worldwide and elevating Soong May-ling to the zenith of her life's achievements. The most direct echo of the First Battle of Changsha's thunderous saga resides in the Ninth War Zone's meticulous report on the northern Hunan and southern Hubei operations, submitted to the Chongqing Military Committee and Chiang Kai-shek himself, a faded relic now entombed amid the vast ocean of Nationalist Government military and political archives in Nanjing's Second Historical Archives of China. This document, a painstaking compilation of combat dispatches from divisions, armies, and army groups, stands as a testament to valor and sacrifice. Tragically, time's relentless march and human folly have ravaged this priceless artifact, leaving only shards and whispers to conjure the heart-wrenching inferno of that bloody clash. "October 24, Year 28. Urgent. To Chongqing. Chairman Chiang. Secret. Submitted by Commander Xue on orders." The rice paper has yellowed to a deep, somber hue, brittle and parched; a careless touch could reduce it to dust. Some pages lie fractured, their remnants affixed to white paper, forever unable to reclaim their original wholeness. Leafing through page by page unleashes a pungent miasma, a scorched, acrid, decayed blend that assaults the senses. Traces of fire and water mar the original rice paper sheets, with countless fragments glued haphazardly to white backings, their sequences lost to eternity. "...The Xin Qiang River spanning from Lujiao to Leishi Mountain, defending a front of over 110 li..." "Enemy 13th and 33rd Divisions, parts of the Hata Detachment, naval units, and artillery, cavalry, engineers totaling..." "...Began attacking us first with artillery... fortifications completely destroyed, then infantry charged; relying on our officers and men all resolved to coexist with the homeland..." "...And launched balloons to direct artillery... our army braved the cannons... repelled them, corpses filling the river, turning the water red..." "Division casualties also reached over a thousand... failed to inflict greater strikes and annihilate... deep inner guilt, besides vigorously training troops awaiting orders to kill the enemy..." "...Attack casualties heavy, then concentrated large forces... artillery fire so dense like continuous firecrackers for hours... released poison gas, Wang Street garrison all heroically sacrificed, then breached... Zhao Gongwu kowtows, October 15" Zhao Gongwu commanded the 2nd Division under Zhang Yaoming's 52nd Army. This unit first held the line along the Xin Qiang River, then fell back to northeast of Fengjiang Bridge to staunch the enemy tide once more; after October 6, it hammered southward-marching Japanese from the west in the Yanglin Street and Dajing Street regions. Through these crucibles, the division bled over half its strength. A fragment of an envelope clings to a sheet of white paper, its words faintly visible: "Changsha 126-3 Zhang Yaoming," "Hunan Jinjing Air Mail," "Combat Process by..." and the like. The stamp remains remarkably intact—a philatelic gem now. Measuring 1.5 cm square, it features Sun Yat-sen's portrait at its center, inscribed "Republic of China Post" below, with "5" in the upper right, "fen" to the left, and "5" in each lower corner. I sat at the long table in the spacious, brightly lit reading room, staring vacantly, my thoughts grinding to a halt. These remnants are all that endure for posterity, of that monumental battle, of the scorching blood and vanished lives of countless unnamed Chinese soldiers. With hands that once gripped a rifle, I gently caressed those pages from a bygone era; they were cold, devoid of any lingering breath. As the full moon of the 15th of the eighth month dissolved into the golden-red blaze of sunrise, Qin Yizhi's 195th Division had already plunged into the rugged mountains and dense forests encircling Fulinpu. Per directives from 15th Army Group Commander Guan Linzheng, the 195th was to forge a new defensive bastion centered on Fulinpu, 40 to 70 kilometers from Changsha. Their mandate: stall the Japanese southward juggernaut, granting precious time for allied forces to muster and fortify around the city. Despite the grueling all-night march, morale soared undimmed. The advance chief of staff doled out positions to each regiment, and the troops dove into fortification labors with fervent zeal. The 195th Division's unyielding stand along the Xin Qiang River had already etched preliminary glory upon this unit in its baptism of fire. "Fame in one battle" echoed as a battle cry throughout the division, where collective honor intertwined with personal valor. Honor and triumph formed the bedrock for soldiers and armies alike. Yet, another fire fueled their resolve. On September 23, amid the Japanese forcing the Xin Qiang River, Guan Linzheng's voice crackled over the phone to Qin Yizhi: "Facing you is the 6th Division." The 6th Division, a name that ignited fury in Chinese troops and civilians, forever linked to the demonic specter of Tani Hisao. Moments later, the whisper spread like wildfire through every trench: "The Japanese army that perpetrated the Nanjing Massacre is right in front." Agitation rippled through the ranks; some donned fresh uniforms and shoes from their packs, casting aside the worn; others flouted discipline to bid farewells to hometown comrades: "Today we fight to the death here; see you in the next life." "Tell my mother I died fighting the Nanjing Massacre enemies." Some company commanders commanded their mess sergeants to expend all funds on hearty feasts. All Japanese were foes, but the 6th Division embodied a blood debt, an unforgivable vendetta; the Chinese nation does not lightly forget its tormentors. In the Xin Qiang River maelstrom, the 195th Division battled with heroic ferocity. Some soldiers, in their final breaths, murmured: "Die then; it's worth it." Others lamented slaying too few devils, gritting teeth, eyes refusing to close in eternal regret. Now under Inaba Shiro's command, the 6th Division splintered southward after breaching the Xin Qiang; roughly a thousand hounded the 195th to Fulinpu. On the morning of September 29, the Japanese blundered into the 195th's meticulously laid ambush. Qin Yizhi, pulse racing with excitement and tension, fumbled the binoculars from his guard's hand. His command sliced the air: "Begin." War history chronicles: "The 6th Division advanced south from the Miluo River along the Xinshi-Liqiao road and Xinshi-Fulinpu routes. The over a thousand reaching Fulinpu were ambushed by the Nationalist 195th Division, suffering heavy losses." As Japanese artillery and aircraft unleashed hell upon the 195th's positions, Qin orchestrated a swift southward withdrawal to the environs of Shangshan City. Again, without pause, they erected fortifications and set deadly traps. On the morning of September 30, the pursuers from Fulinpu closed in on Shangshan, their numbers swollen to over 1,500. Qin Yizhi clenched his jaw, his demeanor icy calm, allowing the Japanese to creep into the kill zone before barking: "Hit them hard!" Combat raged from dawn to dusk, obliterating over 700 foes. Qin ascended a hill, surveying through binoculars, then erupted: "Bad! The enemy is retreating." Upon receiving Qin's telegram, Guan Linzheng scrutinized the map, momentarily stunned, then replied: "Enemy shows no retreat signs yet; proceed per original plan. Your unit to block at Shangshan City line until October 2." Xianning, Okamura Yasuji's 11th Army HQ. Combat maps bristled with markings, staff officers darting amid ringing phones and clattering telegrams. The colossal red arrow in northern Hunan had fractured into tributaries, surging over 100 km southward from the outset; one tendril pierced to Yong'an City, a mere 30 km from Changsha. Vast swaths of northern Hunan lay conquered, yet Okamura sensed the tide turning, it was time to retreat. The Chinese employed their time-honored gradual resistance, battling while retreating with cunning grace. Some units fell back directly, others amassed on flanks—what portent did that hold? In Okamura's shrewd mind loomed an equally shrewd Xue Yue; he envisioned his adversary methodically weaving a snare. Post-Yingtian landing, the 15th Army Group's timely evasion had unraveled his "Xiang-Gan Operation Plan" like fragile thread. If encircling and annihilating the Chinese main force proved unattainable, what purpose in pressing onward? Telegrams from 3rd Division's Fujita Susumu, 6th's Inaba Shiro, and 13th's Tanaka Seiichi piled on his desk, pleading to assault Changsha—for headlines and Imperial accolades, perhaps, but blind to their exposed supply lines vulnerable to enemy thrusts? Ground logistics teetered on collapse; the air force resorted to airdrops for isolated regiments. Venturing further south would stretch lines to breaking; a severed artery spelled doom for the vanguard. When would these commanders mature into true stewards of the Imperial Army? Okamura fretted and pitied them in equal measure. At 4 p.m. on September 30, Okamura decreed a halt to advances at Shangshan and Yong'an. He commenced orchestrating the retreat. Changsha, Yuelu Mountain, Ninth War Zone Command Forward HQ. October 1. Xue Yue stood before the map, Guan's latest telegram clutched in hand. Qin's second missive insisted on Japanese withdrawal, corroborated by 15th Army Group scouts from Yingtian: This morning (October 1), Japanese transports unloaded artillery stowed the previous night, hauling it back to Yueyang; intercepted wires revealed a regiment aborting its southward push, standing idle. Guan assessed the mosaic and commanded counteroffensives: intercept if feasible, pursue relentlessly, deny the Japanese escape; he relayed retreat indicators to Xue. Xue paced the chamber, head bowed in contemplation. Chief of Staff Wu Yizhi, Staff Director Zhao Zili, and their cadre tracked his every step with expectant eyes, awaiting the verdict. Xue's thoughts whirled through military stratagems and beyond. Pre-war, Xue had segmented the war zone's forces into tripartite blocs: Northern Hunan under Guan Linzheng's 15th, Yang Sen's 27th, and Shang Zhen's 20th Army Groups as "A Cluster"; Northern Jiangxi Nanchang with Yunnan Army Lu Han's 1st Army Group and the 74th Army as "B Cluster"; the Wuning, Xiushui, Hunan-Hubei-Jiangxi border guarded by Sichuan Army Wang Lingji's 30th Army Corps, Fan Songpu's Border Advance Army, and 8th Army; augmented by 3 armies' 7 divisions in general reserve. Before the storm broke, Xue pored over maps, tracing every mountain, river, road, and bridge, envisioning burial grounds for the invaders. Now, beneath Changsha, 200,000 troops formed a tightening net. The "decisive battle in Changsha suburbs" blueprint had been wired to Chongqing. Chiang and the nation yearned for a resounding triumph as the resistance pivoted into a new epoch?! A masterful drama, honed over half a month's toil, neared its crescendo; yet that cunning fox appeared to sniff the trap's metallic tang, freezing in place. "Commander, phone from Minister Chen." "Brother Boling, good news." Chen Cheng's voice brimmed with levity, "Your formal appointment published. What? Ninth War Zone Commander! First to congratulate; document tomorrow." Shedding the "acting" prefix was inevitable; Chiang had intimated as much long ago. But for a man and general, true worth lay not in titles, but in forging indelible feats. Splendor was judged not by underlings, colleagues, or superiors, but by peers in the craft of war. Unmoved by the promotion, Xue exhaled a profound sigh. Though the 15th's intelligence couldn't confirm a wholesale retreat, preparations for dual contingencies were imperative. Victories came hard; a splendid battle, harder still. He summoned Wu Yizhi and Zhao Zili to devise countermeasures for the enemy's potential flight. October 2, Sichuan Army Yang Sen's 27th Army Group, Yang Gancai's 134th Division special service company, under Company Commander Wan Mingyu, slogged through the profound mountains and forests on the northern Mufu Mountains' flanks. The 134th's covert mandate: infiltrate enemy rear via treacherous terrain, sabotage supply arteries in the Chongyang-Xianning sector, and deliver a dagger to the Japanese spine when opportunity struck, bolstering frontal defenses. Past 3 p.m., a crystalline mountain stream materialized. Wan decreed a respite. Over 100 soldiers, drained from a half-day's ascent, collapsed like puppets with severed strings. Most propped their torsos with rifles in one hand, fanning hats to ward off the relentless forest mosquitoes with the other. Regaining breath, they devoured rations washed down with stream water. Some unfurled towels and ventured downstream, letting the cool flow rinse away layers of sweat. Then, a muted engine drone encroached from the heavens. Wan peered through the foliage: a low-flying plane vectored southward, its wings emblazoned with the Rising Sun. A transport; Wan recognized the temporary Japanese airfield near Xianning. With lines overextended, airdrops sustained isolated units. Wan was prying open a can with his bayonet, the tip etching a cross on the lid before levering along the edge; paired with a rice ball, it promised a savory repast. His orderly proffered a cup of fresh stream water; 2nd Platoon Leader Hu Yaozong perched nearby on a rock, smirking, poised to pilfer from the opened tin. Wan warded off this Sichuan Pixian compatriot. The plane droned overhead then. Both glanced skyward; the platoon quipped: "Open quick, damn, I'll repay two cans later." Commander: "Want cans? Sky has; shoot plane down, enough for two lifetimes, bloat your mother-in-law first." The can hailed from a prior supply raid. Platoon: "You want me to shoot the plane?" Commander: "Bastard! You shooting or not?" The platoon snatched the light machine gun from a tree fork, jamming the butt against his belly, one hand on the grip, aiming crudely: "Come down, you turtle son!" The other hand squeezed the trigger. Wan assumed jest, resuming his task. "Da-da-da..." Wan jolted; the half-opened can tumbled to his feet, spilling Japanese fish onto Chinese soil. Recoil floored the platoon; he hurled the gun like a branding iron, face ashen. Inspecting the trigger, he snarled: "Whose damn fault, why no safety?!" The gunner dashed over; tall and even-tempered: "Safety was on; how'd it fire without pulling?" Wan's initial panic: "Damn! Position exposed." The company spearheaded the division's reinforced regiment to raze a recent Japanese depot, guarded by a mere company—but exposure doomed the regiment deep in hostile territory. The assault had been plotted for days; pre-departure, Yang Gancai had toasted them. Wan had sworn a blood oath: No return to Sichuan without success. Hu had jested then: "No Sichuan return means wanting Hunan girl as concubine." Banter was fine in peace, but in war's grip, this was no trifling errand. Wan unleashed a torrent of curses, rising to survey the environs. The main force lagged 15 km behind; advance or abort post-blunder? Enemy rear was a labyrinth; this isolated band teetered on a razor's edge. As if to compel a choice, the radio operator approached; Wan itched to lash out. In his fury and indecision, a miracle unfolded. The transport's engines hacked like a consumptive invalid, then a witness spied the plane banking left, plummeting, its nose inexorably toward a colossal rock 3-4 km distant. It rebounded twice on the stone, nose and left wing crumpling; the fuselage, fragile as parchment, tumbled gently, skewing onto the slope amid splintered trees. Wan gaped, then bellowed: "Assemble!" The men snapped from reverie, charging downhill in a frenzied cascade. One hour later, 134th Deputy Commander and Reinforced Regiment Commander Liu decoded Wan's vanguard transmission via radio. Another hour passed before Liu received Yang Gancai's directive: Abort Mountain Leopard operation; return with documents expeditiously. One day hence, October 3, Okamura Yasuji's original retreat order from October 2 dawn, addressed to northern Hunan's 6th, 33rd Divisions, Nara and Uemura Detachments, plus its Chinese translation, landed on Xue Yue's desk. Fifteen days later, at the Changsha Victory Celebration, unit accolades were proclaimed; for "shooting down enemy plane, obtaining vital enemy documents," meritorious honors went to 134th Commander Yang Gancai and Deputy Liu. Each received 1000 yuan and one 3rd Class Baoding Medal. Okamura's October 2 order original: Chinese forces retreated to Miluo and Xiushui Rivers banks assembling; to avoid disadvantage, this army should quickly withdraw to original positions, restore combat strength. Withdrawal plan as follows: … Xue's October 3 order original: "Northern Hunan frontal units with current posture immediately pursue facing enemy fiercely, must capture in Chongyang-Yueyang south area. ... Pursuit units may detach part to monitor and sweep enemy collection troops; main force execute overtaking pursuit... Already deep behind enemy advance units vigorously destroy enemy transport lines, cut escape routes." From October 3, Chinese forces unleashed ferocious counteroffensives against the Japanese on three fronts: northern Hunan, southern Hubei, and the Hunan-Hubei-Jiangxi border; the invaders receded like a vanishing tide, never to reclaim their ground. The 25th and 195th Divisions hounded the 6th Division and Nara Detachment from Fulinpu back to the Miluo River, then to the Xin Qiang River. On October 8, the Japanese fled across the Xin Qiang; the 195th's 566th Brigade surged in pursuit, launching a nocturnal raid on Xitang-Jianshan. Gains were modest, but the enemy, entrenched in their den, resisted with feral tenacity. Qin commanded the brigade's withdrawal southward; northern Hunan operations concluded. In southern Hubei, the 79th Army chased remnants of the 33rd Division from Sanyan Bridge to Pingjiang, across Nanjiang Bridge, hounding them back to their Tongcheng lair. On the Hunan-Hubei-Jiangxi border, 30th Army Group Commander Wang Lingji orchestrated a pincer against Japanese at Xiushui. The foes retreated to Sandu, mounting a stubborn defense. Chinese assaults faltered for three days; on the fourth night's blitz, victory crowned their efforts, expelling the invaders to their original Wuning stronghold. With both armies reclaiming pre-war lines, the First Battle of Changsha drew to its resounding close. Over days, Xue Yue received a deluge of congratulatory telegrams and letters from the Nationalist Government, Military Committee, National Assembly, myriad civic groups, party officials, and social luminaries. As hoped, among them was Chiang Kai-shek's effusive missive, brimming with joy. For Xue Yue, this one sufficed. Chiang Kai-shek's telegram to Xue Yue: "In this northern Hunan campaign, over half the enemy was annihilated. The triumphant news has invigorated the nation, all due to effective command and soldiers' valor; I commend without reservation. Thoroughly investigate and report meritorious personnel from this battle; also report the dead and wounded for awards and relief. With this initial victory foundation laid, our officers and men's responsibilities grow heavier; urge your subordinates to extra vigilance, redoubled effort, avoiding arrogance or complacency, to amass great achievements, my deepest hopes." As if countering Chongqing's high-powered broadcasts, Japanese radios in Wuhan, Nanjing, Beiping, and Manchukuo blared at full volume: "In this Xiang-Gan operation, valiant Imperial forces penetrated over 100 km into northern Hunan, sweeping anti-peace elements, routing Chinese central main forces, inflicting over 40,000 enemy casualties, a pivotal triumph advancing the holy war. Having achieved objectives, Imperial troops have victoriously withdrawn..." In the aftermath of the First Battle of Changsha, the Japanese high command spun a tale of calculated restraint, insisting their assault was merely a spoiling raid, a calculated jab never intended to seize and hold the city indefinitely. With brazen confidence, they downplayed their toll, claiming a mere 850 souls lost to death and 2,700 wounded in the fray, while boastfully asserting they had slain 44,000 Chinese defenders and taken 4,000 captive, painting a picture of overwhelming triumph amid the smoke and ruin. Yet, foreign military observers, peering through the fog of propaganda with detached scrutiny, painted a starkly different canvas. They gauged Chinese losses at a far more tempered 20,000 killed and wounded, a heavy but bearable scar on the nation's resolve, while estimating Japanese casualties soared to around 30,000, a grievous hemorrhage that belied the invaders' claims of minimal sacrifice. Military historian Michael Clodfelter, sifting through the annals of conflict, ventured an even grimmer tally: a staggering 50,000 Japanese casualties endured in the relentless clash, a testament to the ferocity of Chinese resistance and the high price of imperial ambition. In the battle's locale, neither side claimed clear victory, but globally for the resistance, it favored China. I would like to take this time to remind you all that this podcast is only made possible through the efforts of Kings and Generals over at Youtube. Please go subscribe to Kings and Generals over at Youtube and to continue helping us produce this content please check out www.patreon.com/kingsandgenerals. If you are still hungry after that, give my personal channel a look over at The Pacific War Channel at Youtube, it would mean a lot to me. The First Battle of Changsha unfolded in September 1939 during China's War of Resistance Against Japan. Japanese forces under Okamura Yasuji advanced into Hunan and Jiangxi, crossing rivers and capturing key positions like Yingtian amid fierce Chinese defenses led by Xue Yue.
Dr. Friday explains standard depreciation periods for residential and commercial rentals. She also covers cost segregation benefits and why recapture should be part of long-term planning. Transcript G’day, I’m Dr. Friday, president of Dr. Friday’s Tax and Financial Firm. To get more info, go to www.drfriday.com. This is a one-minute moment. Rental properties continue to have depreciation rules: 27.5 years for residential and 39 years for commercial. Bonus depreciation may apply to improvements, although bonus rates decrease on schedule. Landlords can still use cost segregation studies. That’s big, because if you’re buying something and you want to do cost segregation, you can pull out air conditioners and other equipment for faster depreciation. But if you’re doing all that, you need to understand in the big picture you do have to do the other side, which is called recapture of depreciation. So make sure you’re saving money today and not putting a big old hole in your pocket tomorrow. You can catch the Dr. Friday Call-in Show live every Saturday afternoon from 2 to 3 p.m. right here on 99.7 WTN.
How do we experience a perfect God if we're not perfect? What do we do when the original emotions we felt for God fade? Sometimes God feels far away. Rabbi Schneider shares that God wants us to always pursue him, walk by faith, and do it even when we don't feel emotional. Learn 3 things to do to recapture your faith. You are deeply loved regardless of imperfections. Discovering the Jewish Jesus invites imperfect people to find out how perfectly loved you are today, just as you are. Come and see! **** BECOME A MONTHLY PARTNER - https://djj.show/YTAPartner **** DONATE - https://djj.show/YTADonate **** TEACHING NOTES - https://djj.show/k33
Recapture the RaptureShare your stories of when God has completely filled your being.What the Mystics KnowShema
I am increasingly impressed by Iain Rennie, who is the Treasury boss. He seems to say a bunch of interesting and insightful stuff. Last year he warned about our growth rate, our debt and our inability to grow our way out of our troubles. He advocated for asset sales. This past week he was at the Waikato University Economic Forum where he talked about our problem of exporting our best and brightest. Ironically the latest migration stats came out at the same time. The worst might be behind us. Our net migration gain is still small, but the stampede out of the door by New Zealanders has petered out. At Waikato Rennie talked about how it is unique to this country that we export so many young people. His suggestion is the frontier companies aren't good enough and they don't adapt or adopt or invest fast enough compared to other countries. The gap between the frontier companies and lagging firms isn't as big as it should be. In other words the rock stars don't actually rock that much and if you are skilled and bright and determined, offshore seems the place to be. He also talked of confidence and that, to me, is what's missing in this country. Of our four kids who are actually working two are offshore. One other could be, but for now, isn't. We will never be a London or New York. But the fizz we had half a dozen years ago is gone. Immigrants have replaced our kids. We have been dumbed-down. Our brightest haven't been replaced with America's brightest or Europe's brightest, but from countries like India and the Phillippines. We are exporting scientists and doctors and bringing in nurses and baristas. Immigration is awesome. I love immigration. But not if it's not of our choosing. We are being forced into it. The good news is this happened comparatively fast. Not long ago our net gain was over 100,000 people a year. We brought them in and the good ones didn't leave. We can recapture all of that, but a mindset shift is needed. We need to want to be better. I'm not sure enough of us are of that mindset, hence Rennie's concern. LISTEN ABOVESee omnystudio.com/listener for privacy information.
Have you ever found yourself doing work you once prayed for, yet feeling tired, disconnected, or worn down by it?Not because you stopped caring.But because the problems never seem to stop coming.Today, I want to talk about how to recapture the passion for your work as a nonprofit leader.Not by ignoring the challenges.But by remembering the meaning behind the work. In this episode, we will explore 3 reflections to help you to recapture your passion for the work.
The Ravens defense was a major letdown in 2025, and in a few games they clearly were the difference between a win and loss. Will Jesse Minter's presence help smooth things out in 2026 and beyond?
In this Tax Tuesday episode, Eliot Thomas, Esq., and CPA Barley Bowler address listener questions on diverse tax topics including property management S corporations and QBI deductions. They explain how to structure management companies for rental properties, the relationship between W-2 wages and K-1 distributions, and the power of the 199A qualified business income deduction. Eliot and Barley dive deep into 100% bonus depreciation, cost segregation studies, and depreciation recapture rules—clarifying when to use Section 179 expensing versus bonus depreciation. They also cover maximizing education expense deductions through C corporations, leveraging oil and gas working interest investments for immediate ordinary deductions of 60-85%, structuring private operating foundations with proper payroll procedures, and optimal tax strategies for business sales including the powerful Section 1202 exclusion. Tune in for expert guidance on these advanced tax planning strategies! Submit your tax question to taxtuesday@andersonadvisors.com Highlights/Topics: 00:00 - Intro 05:34 - "I have a property management S corporation for my rental properties. All rents and expenses are paid to/from the S-corporation. I take a W2 from the corporation. At the end of the year I receive a K1 for the net rental income. Can I take a QBI deduction for this K1?" - The K-1 reflects only the management fee, not rental income. QBI applies to that fee. 14:07 - "I am curious how I can get the maximum benefit from a tax perspective for education class fees paid." - C corporations can deduct new business education via loans from shareholders arrangement. 19:04 - "Please explain 100% Bonus Depreciation recapture and eligible assets with a less than 20 year life being fully depreciated in Year 1." - Cost segregation identifies 5, 7, 15-year assets eligible for immediate bonus depreciation. 24:08 - "What happens if you sell a rental property with depreciation recapture after a cost segregation with bonus depreciation?" - Five-year and fifteen-year property recaptures at ordinary rates; building capped at 25%. 29:46 - "Please explain Section 179 expensing." - Section 179 allows immediate equipment expensing but cannot create a loss situation. 36:20 - "Is oil and gas a good tax deduction?" - Working interest investments provide immediate 60-85% ordinary deductions through intangible drilling costs. 40:36 - "My family has a private operating foundation. One family member works full-time for the foundation and we agreed to pay a wage to that individual. Would that family member have a w-2? Or does the owner withdraw? Also payroll?" - Pay reasonable W-2 wages through payroll; no owner withdrawals in nonprofit foundations. 44:40 - "What is the best tax strategy for selling a business?" - Stock sales create capital gains; consider Section 1202 for qualified small businesses. Resources: Tax and Asset Protection Events https://andersonadvisors.com/real-estate-asset-protection-workshop-training/?utm_source=100-bonus-depreciation-recapture-explained&utm_medium=podcast Schedule Your FREE Consultation https://andersonadvisors.com/strategy-session/?utm_source=100-bonus-depreciation-recapture-explained&utm_medium=podcast%C2%A0 Anderson Advisors https://andersonadvisors.com/ Toby Mathis YouTube https://www.youtube.com/@TobyMathis Toby Mathis TikTok https://www.tiktok.com/@tobymathisesq Clint Coons YouTube https://www.youtube.com/@ClintCoons
Ever feel like you're working against your own marketing? You invest in ads and SEO to generate leads, only for 35% of those critical calls to go unanswered while you're in court or with clients.In this must-watch episode of Spaghetti On The Wall, Shane Chris of Legal Navigator reveals the AI-powered "insurance policy" that top firms are using to:1. Capture every single call, 24/7.2. Qualify & schedule clients automatically.3. Recapture the 35% of leads you're currently losing.Stop letting potential clients slip away the moment they call. Watch now to see how to turn missed calls into your firm's most reliable new client stream.
Send us a textWe break down the most common real estate tax myths, from REP status and short-term rentals to cost segregation timing and entity hype. We show how to time deductions, avoid recapture pain, and use non-asset strategies to cut taxes while building wealth.• REP status based on hours and participation, not a license• Cost segregation timing to match high-income years• Excess business loss limits and why W-2s hit a wall• Recapture planning with reinvestment or 1031 exchange• Short-term rental rules and the 100-hour trap• LLCs for asset protection, not deductions• Holding company and management company myths debunked• Cost segregation is accepted and improves accuracy• Alternatives to buying assets for write-offs• Real estate cash flow, depreciation, and tax-free refi benefits• Holistic planning across business, wages, and investmentsGo to https://www.prosperalcpa.com/opportunityreport for your free opportunity report illustrating what may be possible with our tax strategiesGo to prosperalcpa.com/apply to learn more
The legendary psychotherapist unpacks the concept of "hostile dependency" and explains why cutting people off doesn't always work. Psychotherapist and New York Times bestselling author Esther Perel is a leading voice on modern relationships, known for her widely viewed TED Talks, bestselling books and the hit podcast. She runs a New York–based therapy practice and advises global organizations and platforms on the complexities of contemporary relationships. Follow Esther Perel's podcast Where Should We Begin? on YouTube, Apple Podcasts or Spotify, and subscribe to Entre Nous with Esther Perel on Substack for exclusive bonus content. In this episode we talk about: What Esther Perel really means by eros How modern life quietly depletes our sense of feeling alive Why aliveness can coexist with grief, pain, and difficulty The danger of numbness Introverts, extroverts, and the many non-social ways we experience vitality Vital sources of connection and meaning Co-regulation, touch, presence, and why words alone aren't enough "Hostile dependency" and the paradoxes of long-term relationships Why loneliness has become normalized, and why it shouldn't be How to rebuild community through small, practical acts Rituals as a way to mark time, create meaning, and feel grounded The tension between individualism, belonging, and responsibility to others Get the 10% with Dan Harris app here Sign up for Dan's free newsletter here Follow Dan on social: Instagram, TikTok Subscribe to our YouTube Channel To advertise on the show, contact sales@advertisecast.com or visit https://advertising.libsyn.com/10HappierwithDanHarris Thanks to our sponsors: HomeServe: Plans start at just $4.99 a month. Go to homeserve.com to find a plan that's right for you. LinkedIn: Spend $250 on your first campaign on LinkedIn ads and get a $250 credit for the next one. Just go to linkedin.com/happier. NOCD: Head over to nocd.com and book a free 15‑minute call with their team, to learn more and start getting help with OCD. OneSkin: Get up to 30% off your first three subscription orders when you use the code "happier" at OneSkin.co/happier.
Mastering MACRS Depreciation: A Deep Dive into Tax EfficiencyThis conversation delves into the complexities of business taxation, focusing on property deductions and the rules governing depreciation under the Modified Accelerated Cost Recovery System (MACRS). The discussion covers foundational concepts, tax benefits, qualifying criteria for depreciation, the mechanics of MACRS, immediate expensing options like Section 179 and bonus depreciation, and the implications of listed property rules. The conversation concludes with a reflection on the balance between incentivizing business investment and ensuring compliance with tax regulations.Imagine you're a business owner, navigating the complex world of taxation. You've just invested in new equipment, and the question looms: how do you maximize your tax benefits? Welcome to the world of MACRS depreciation, a cornerstone of business tax strategy.Understanding Depreciation: Depreciation isn't just a theoretical exercise; it's a structured calculation that can significantly impact your tax liability. The Modified Accelerated Cost Recovery System (MACRS) is the IRS's method for depreciating property, allowing businesses to recover the cost of assets over time. This system is crucial for anyone involved in business taxation, as it dictates how and when you can deduct the cost of your assets.Key Concepts:Property Qualification: Not all assets qualify for depreciation. To be depreciable, property must be used in a trade or business and have a determinable useful life. Land, for instance, is never depreciable because it theoretically lasts forever.Depreciation Systems: MACRS offers two primary systems: the General Depreciation System (GDS) and the Alternative Depreciation System (ADS). GDS is the default, offering faster recovery periods, while ADS is slower and often mandatory for certain property types.Section 179 and Bonus Depreciation: These provisions allow for immediate expensing of certain property, providing significant upfront tax benefits. However, they come with limitations, such as the business income limitation and specific caps for vehicles.Listed Property and Recapture: Assets like cars and computers, which can be used for both business and personal purposes, are subject to stricter rules. Failing to meet the business use test can lead to recapture, where previously claimed deductions are added back to income.Mastering MACRS depreciation is about understanding the interplay between qualification, calculation, and limitation. It's a critical skill for optimizing tax efficiency and ensuring compliance. As you navigate these rules, remember that the goal is to balance maximizing deductions with adhering to IRS regulations.Subscribe now to stay updated on the latest tax strategies and insights.TakeawaysDepreciation is a multi-step calculation that requires precision.Tax benefits are categorized into exclusions, deductions, and credits.Land is not depreciable, but land improvements can be under certain conditions.The IRS scrutinizes the overall pattern of asset use for tax purposes.Basis must be adjusted for allowed or allowable depreciation, impacting future gains.The Lesser Of Rule caps depreciation for converted personal property.GDS allows for faster recovery periods compared to ADS.Section 179 provides immediate expensing options but has strict limits.Failing the 50% QBU test results in severe tax consequences.Recapture rules enforce compliance by reclaiming excess depreciation.business taxation, depreciation, MACRS, tax benefits, Section 179, bonus depreciation, listed property, tax compliance, IRS rules, property deductions
We preview Ipswich Town's daunting trip to Coventry to face the league leaders. We also preview Town's new year's day game with Oxford.
Welcome to The Chrisman Commentary, your go-to daily mortgage news podcast, where industry insights meet expert analysis. Hosted by Robbie Chrisman, this podcast delivers the latest updates on mortgage rates, capital markets, and the forces shaping the housing finance landscape. Whether you're a seasoned professional or just looking to stay informed, you'll get clear, concise breakdowns of market trends and economic shifts that impact the mortgage world.In today's episode, we look at how originators can stay ahead of the competition when it comes to appraisals. Plus, Robbie sits down with LO Autopilot's Karen Bates for a discussion on why recapture is critical to lender value, and how technology helps loan officers and lenders reclaim business they typically lose in an increasingly crowded tech landscape. And we close by adding some commentary to recent economic figures that are shaping the rate outlook.Thanks to the Refi Recapture Engine from LO Autopilot. Lenders lose ~80% of recapture business. Their plug & play Refi Recapture Engine triples recapture volume. It runs nonstop, analyzes every loan, creates personalized quotes and sends them directly to borrowers, and delivers refi-ready borrowers to your LOs on a silver platter.
John Casmon interviews Yonah Weiss, a cost segregation expert known as the “Cost Seg King,” about how cost segregation works as an advanced form of depreciation and why it can be a powerful cash-flow tool for real estate investors. They break down who benefits most, plus other scenarios like the short-term rental “loophole” and income-based exceptions that can allow depreciation to offset active income. Yonah also explains depreciation recapture in plain English and shares common strategies investors use to defer or reduce tax impact at sale, including 1031 exchanges and Opportunity Zones. Finally, they shift into marketing—why Yonah built his brand on LinkedIn through consistency and real engagement, and why in-person networking is still hard to beat. Yonah WeissCurrent role: Regional Business Director, Madison SPECS Based in: New York City, New YorkSay hi to them at: https://www.yonahweiss.com/ | https://www.instagram.com/yonahweiss/ | https://www.linkedin.com/in/cost-segregation-yonah-weiss/ | https://twitter.com/YonahWeiss | https://yonahweiss.madisonspecs.com/ Get 50% Off Monarch Money, the all-in-one financial tool at www.monarchmoney.com with code BESTEVER Visit bestevercrypto.com today to get started and earn up to $2,500 in bonus crypto. Join us at Best Ever Conference 2026! Find more info at: https://www.besteverconference.com/ Join the Best Ever Community The Best Ever Community is live and growing - and we want serious commercial real estate investors like you inside. It's free to join, but you must apply and meet the criteria. Connect with top operators, LPs, GPs, and more, get real insights, and be part of a curated network built to help you grow. Apply now at www.bestevercommunity.com Podcast production done by Outlier Audio Learn more about your ad choices. Visit megaphone.fm/adchoices
Natalie's revisiting some of the most-read Baggage Reclaim posts from the past 20 years in this new Between the Sessions series. In this minisode, Natalie talks about the issue of wanting to go back to the beginning of a relationship instead of recognising the reality of who we're involved with and what that might mean. Read the original articles and comments Leave a voice note: https://www.speakpipe.com/baggagereclaim Support the podcast and leave a tip: https://baggagereclaim.ck.page/products/podcast Break The Cycle Relevant links and resources on the topic Dating Your Imagination: The Fantasy Trap in the Early Stages of Dating Despite 'Good Points', We Deal With the Consequences of People Coming as Full Packages 'Entanglement' and what happens when we look outside ourselves to feel good Letting Go of a Relationship That Doesn't Exist
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Big O talks Va Tech 111725
How many billable hours are you losing each week, month, and (gasp) year because you aren't tracking your time contemporaneously? Do you often write your time down (not reporting all the time spent working)? You're losing billable hours (you really shouldn't be losing at all). And you recapture those hours by: (1) shifting your mentality around billing (and what's even billable, plus why), (2) tracking your time contemporaneously, and (3) discovering the art of writing a good narrative (showing the value provided to the client). The how-to of all of the above (and more) is covered in today's episode with Molly Kremer (aka "The Billing Coach"). Join us for an insightful conversation that will help you stop losing so many billable hours and instead recapture them. The post #215: You’re Losing Billable Hours (How To Recapture Them) appeared first on Life & Law Podcast.
Another engaging riff with David Storey, Boston College philosophy professor and Spartan Race athlete. This time I take center stage. We explore why Americans are collectively depressed, why Democrats ignore power politics, why turning off phones and turning toward each other feels great, and how all of this is related. I make a case for phone-free schools. Dave helps me see even bigger benefits.We get political. We get personal. We refuse to give advice or answer the question, "What should the average person do?" **Key takeaways**11:00 Feeling bottled up? Recapture the oomph and lock arms with others15:00 The Tit-for-Tat strategy from the Prisoner's Dilemma21:00 Reclaiming power. "Don't step on me."23:00 Two reasons Democrats get complacent about power politics28:00 Want advice on what to do? Instead, ask yourself these four questions32:00 Conscious phone use through PSAs and intentional points of friction35:00 It's time to make public spaces public again38:00 Stricter phone policies in schools free teachers to teach, not police41:00 Adults exerting their agency. "Trust your moral compass."45:00 Moving beyond the hyper-individualistic story of America47:00 Laughter is something we create together**Resources**David's web site, including his podcast, Wisdom@Work**Subscribe to the podcast**To hear the origin stories of more big ideas, subscribe to How My View Grew on Apple Podcasts, Spotify or wherever you listen to podcasts.**Share the love**Leave me a rating or review on Apple Podcasts, Spotify or wherever you listen to podcasts.
Welcome to The Chrisman Commentary, your go-to daily mortgage news podcast, where industry insights meet expert analysis. Hosted by Robbie Chrisman, this podcast delivers the latest updates on mortgage rates, capital markets, and the forces shaping the housing finance landscape. Whether you're a seasoned professional or just looking to stay informed, you'll get clear, concise breakdowns of market trends and economic shifts that impact the mortgage world.In today's episode, we look the pros and cons of the 50-year mortgage. Plus, Robbie sits down with Optimal Blue's Vimi Vasudeva for a discussion on recapture strategy, why borrower retention is more critical than ever, and how lenders can model and price for recapture success. And we close by looking at what the prepayment report says about borrower incentive to refinance.This week's podcasts are sponsored by TransUnion. Mortgage lenders choose TransUnion for their identity-focused, data-driven mortgage insights and solutions, enabling them to achieve more desirable lending outcomes in a volatile housing market.
Where does consciousness come from? Can information be received through visions? And is it possible that ancient plants unlock biological knowledge we haven't even begun to fully understand? In this episode of Your Brain Explained, Dr. Dave Rabin MD, PhD is joined by Pulitzer Prize-nominated author Jamie Wheal (Stealing Fire & Recapture the Rapture) as guest interviewer for a special conversation with anthropologist and author Jeremy Narby (The Cosmic Serpent) to explore one of the most provocative frontiers of neuroscience and consciousness research. Together, they delve into Jeremy's early fieldwork with Indigenous peoples of the Amazon, whose shamanic traditions claim to receive verifiable botanical knowledge directly from experiences with the sacred jungle plants—including ayahuasca.What begins as an exploration of cultural perspectives on plant medicine soon evolves into a larger conversation about the mysterious role of DNA in consciousness, the science of epigenetics, and the limitations of materialist thinking in modern neuroscience. Could DNA act as a receiver for information in altered states? How do we distinguish between personal projection and true insight? And what does it mean to “know thyself” in the age of brain scans and psychedelic therapy?This is a monumental episode, and one of my favorites of all time, for seekers, skeptics, and scientists alike—an invitation to sit with the unknown, rethink what we believe about consciousness, and explore how visionary states might help us heal trauma across generations.—Explore more from this episode:
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If reading your Bible ever seems boring or too familiar, you need to be amazed again. Recapture the wonder with these highlights from True Woman '25, where the theme was The Word: Behold the Wonder.
2 Ways to Avoid Vehicle Depreciation Recapture
The Chrisman Commentary Daily Mortgage News Podcast delivers timely insights for mortgage lenders, loan officers, capital markets professionals, and anyone curious about the mortgage and housing industry. Hosted by industry expert Robbie Chrisman, each weekday episode breaks down mortgage rates, lending news, housing market trends, capital markets activity, and regulatory updates with insightful analysis, expert perspectives, and conversations with top professionals from across the mortgage industry. Stay informed, gain actionable insights, and keep up with developments in mortgage banking and housing finance. Learn more at www.chrismancommentary.com.In today's episode, we go through the latest from the CFPB. Plus, Robbie sits down with Ardley's Nathan Den Herder for a discussion on issues impacting servicers, avoiding frustrated borrowers, and proper recapture strategies in the modern age. And we close by looking at what to expect now that the Fed has begun loosening monetary policy.This week's podcasts are sponsored by BeSmartee, the most innovative mortgage technology platform for banks, credit unions, and non-bank mortgage lenders.
What happens when you discover there's a tax planning tool you've never heard of that could save you thousands on property sales—and it's been available all along? In this continuation episode, Diana Gipe from Core reveals advanced tax planning strategies that go far beyond basic cost segregation. She introduces recapture analysis, a service Angel had never encountered despite years in real estate investing, which helps investors understand the true cost of selling properties with accelerated depreciation. Diana explains how Core's internal CPA can project recapture scenarios 3-5 years into the future, enabling better investment decisions and exit planning. This conversation explores the relationship-driven approach that sets Core apart in a saturated market, year-end tax deadlines, and how providing additional value like annual recapture projections could differentiate syndication sponsors in competitive markets. [00:01 - 04:00] Understanding Recapture Analysis How recapture analysis helps investors plan for property sales 3-5 years in advance Why Core's internal CPA with 25+ years of cost segregation experience provides these projections The mathematical reality of passive investment recapture when multiple deals sell simultaneously [04:01 - 07:30] Strategic Tax Planning Beyond Cost Segregation How recapture analysis becomes a competitive differentiator for syndication sponsors Why providing annual recapture projections with K-1s could set sponsors apart The concept of cost segregation as a comprehensive tax planning strategy, not just a one-time service [07:31 - 10:00] Relationship-Driven Service Philosophy Diana's personal approach: knowing clients by name and understanding their long-term goals How Core supports investors from first property to 10+ property portfolios The emotional satisfaction of helping clients avoid large tax bills or receive unexpected refunds [10:01 - 12:05] Year-End Timing and Market Realities How December closings can still benefit from same-year cost segregation Why September through year-end becomes the busiest period for tax planning Core's ability to handle last-minute requests while maintaining quality standards Connect with Diana and Core: https://www.linkedin.com/in/dianagipe/ Key Quotes: "Knowledge is power... we wanna make sure that you're equipped long term so that when you're going into buying properties, you can call me on the fly." - Diana Gipe Visit sponsorcloud.io/contact today and unlock $2,000 of free services exclusively for REI Rocks community members! Get automated syndication and investor relationship management tools to save time and money. Mention your part of the REI Rocks community for exclusive offers. Help make affordable, low-cost education summits possible. Check out Sponsor Cloud today!
In this episode, we delve into the complexities of depreciation recapture, a crucial concept for real estate investors. We share personal experiences and insights on how this affects tax strategy when selling rental properties. Discover why having a CPA is crucial, and explore techniques such as 1031 exchanges to optimize your investments.A few key takeaways are...Understanding depreciation recapture and its impact on taxesThe importance of a CPA in real estate investingReal-life examples of managing property sales and tax implicationsPlus, hear strategies to defer taxes, including 1031 exchangesWant more? Join us on Wednesday, September 17, for our free webinar, Rental Management Made Easy: Earn More, Stress Less. Seats will fill up quickly, so act fast to secure yours now! Resources:Secure your seat for our upcoming free webinar on September 17Simplify how you manage your rentals with TurboTenantMake sure your name is on the list to secure your spot in The WIIRE Community Leave us a review on Apple PodcastsLeave us a review on SpotifyJoin our private Facebook CommunityConnect with us on Instagram
What if you could use cost segregation not only to accelerate depreciation, but also to reduce capital gains taxes and even offset income across multiple properties? In this episode, Angel Williams continues her conversation with Gian Piazza from KBKG to dig deeper into advanced tax strategies. Gian explains how energy efficiency incentives like Section 179D and PACE loans work, what passive investors need to know before starting, and why planning ahead for recapture and 1031 exchanges is so important. You'll also learn how small property owners can now access tools once reserved for big investors, and how long-term planning creates significant wealth-building opportunities. [00:01 - 05:00] Beyond the Basics of Cost Segregation How smaller property owners can now leverage cost segregation The phase-out of energy tax incentives and what it means for investors Section 179D deductions explained for larger commercial projects [05:01 - 10:00] Energy Incentives and Financing Options How PACE loans finance energy retrofits while preserving capital Pairing loans with deductions for additional leverage Property tax considerations with energy-focused financing [10:01 - 14:30] First Steps for New Rental Owners What investors should do immediately after buying a rental property Why choosing the right tax advisor makes all the difference How passive investors approach deductions differently [14:31 - 18:00] Offsetting Income and Capital Gains Using cost segregation across multiple properties to reduce tax liability How deductions can offset both passive income and capital gains When cost segregation may not be the right choice [18:01 - 22:30] Recapture, 1031 Exchanges, and Long-Term Strategy What depreciation recapture means and why it matters How 1031 exchanges help protect investors from recapture The wealth-building strategy of exchanging until step-up in basis Connect with Gian: https://www.linkedin.com/in/costsegregationservices/ Key Quotes: “Passive investors have to be careful—you need the right structure to actually benefit from cost segregation.” – Gian Piazza “If you're thinking long-term, exchanges and planning for recapture are just as important as the deductions you get up front.” – Angel Williams Visit sponsorcloud.io/contact today and unlock $2,000 of free services exclusively for REI Rocks community members! Get automated syndication and investor relationship management tools to save time and money. Mention you're part of the REI Rocks community for exclusive offers. Help make affordable, low-cost education summits possible. Check out Sponsor Cloud today!
This is a Fan Fav episode. This episode today takes the plunge and leans off the edge with Jamie Wheal unpacking the depth and complexities he's addressing in his latest book, Recapture the Rapture. The conversation is heavy and will challenge you to rethink your stance and what leaning into our global community could be for you. ORIGINAL AIR DATE: 4-29-21 Order Jamie Wheal's new book, Recapture the Rapture: https://www.amazon.com/gp/product/B08DNT8B9B/ref=dbs_a_def_rwt_hsch_vapi_tkin_p1_i0 SHOW NOTES: Loss of Meaning | A break down of the conflicting directions of major institutions [3:33] Meta Crisis | Jamie details the complexity of meta crisis and where it intersects [12:06] Acceleration | Jamie on why rushing to clean the slate is ignorant of history [18:56] Narrative Problem | Jamie breaks down coming alive vs. staying alive, narrative or reality [28:37] Tribalism | Jamie reveals what unhealthy tribalism is versus healthy that is for community [32:16] 4 Cult Responses | Jamie explains the 4 feelings and 4 responses to cult leaders [44:44] Global Rage | Jamie on the human initiative and the propensity for collective rage [57:14] Cultural Architect | Escaping doomsday and thriving into the future [1:10:21] Big 5 | Jamie reveals the big 5 evolutionary drivers, discusses healing and peak states [1:20:15] Out of Hand | Jamie shares why people don't know what they're doing, forgiving ourselves [1:47:11] Omega Point | Jamie reveals the point where death and rebirth come together [1:58:02] CHECK OUT OUR SPONSORS Vital Proteins: Get 20% off by going to https://www.vitalproteins.com and entering promo code IMPACT at check out Allio Capital: Macro investing for people who want to understand the big picture. Download their app in the App Store or at Google Play, or text my name “TOM” to 511511. SleepMe: Visit https://sleep.me/impact to get your Chilipad and save 20% with code IMPACT. Try it risk-free with their 30-night sleep trial and free shipping. ButcherBox: Ready to level up your meals? Go to https://butcherbox.com/impact to get $20 off your first box and FREE bacon for life with the Bilyeu Box! Netsuite: Download the new e-book Navigating Global Trade: 3 Insights for Leaders at http://NetSuite.com/TheoryShopify: Sign up for your one-dollar-per-month trial period at https://shopify.com/impactHims: Start your free online visit today at https://hims.com/IMPACT. ********************************************************************** What's up, everybody? It's Tom Bilyeu here: If you want my help... STARTING a business: join me here at ZERO TO FOUNDER: https://tombilyeu.com/zero-to-founder?utm_campaign=Podcast%20Offer&utm_source=podca[%E2%80%A6]d%20end%20of%20show&utm_content=podcast%20ad%20end%20of%20show SCALING a business: see if you qualify here.: https://tombilyeu.com/call Get my battle-tested strategies and insights delivered weekly to your inbox: sign up here.: https://tombilyeu.com/ ********************************************************************** FOLLOW TOM: Instagram: https://www.instagram.com/tombilyeu/ Tik Tok: https://www.tiktok.com/@tombilyeu?lang=en Twitter: https://twitter.com/tombilyeu Learn more about your ad choices. Visit megaphone.fm/adchoices
This is a Fan Fav episode. This episode today takes the plunge and leans off the edge with Jamie Wheal unpacking the depth and complexities he's addressing in his latest book, Recapture the Rapture. The conversation is heavy and will challenge you to rethink your stance and what leaning into our global community could be for you. ORIGINAL AIR DATE: 4-29-21 Order Jamie Wheal's new book, Recapture the Rapture: https://www.amazon.com/gp/product/B08DNT8B9B/ref=dbs_a_def_rwt_hsch_vapi_tkin_p1_i0 SHOW NOTES: Loss of Meaning | A break down of the conflicting directions of major institutions [3:33] Meta Crisis | Jamie details the complexity of meta crisis and where it intersects [12:06] Acceleration | Jamie on why rushing to clean the slate is ignorant of history [18:56] Narrative Problem | Jamie breaks down coming alive vs. staying alive, narrative or reality [28:37] Tribalism | Jamie reveals what unhealthy tribalism is versus healthy that is for community [32:16] 4 Cult Responses | Jamie explains the 4 feelings and 4 responses to cult leaders [44:44] Global Rage | Jamie on the human initiative and the propensity for collective rage [57:14] Cultural Architect | Escaping doomsday and thriving into the future [1:10:21] Big 5 | Jamie reveals the big 5 evolutionary drivers, discusses healing and peak states [1:20:15] Out of Hand | Jamie shares why people don't know what they're doing, forgiving ourselves [1:47:11] Omega Point | Jamie reveals the point where death and rebirth come together [1:58:02] CHECK OUT OUR SPONSORS Vital Proteins: Get 20% off by going to https://www.vitalproteins.com and entering promo code IMPACT at check out Allio Capital: Macro investing for people who want to understand the big picture. Download their app in the App Store or at Google Play, or text my name “TOM” to 511511. SleepMe: Visit https://sleep.me/impact to get your Chilipad and save 20% with code IMPACT. Try it risk-free with their 30-night sleep trial and free shipping. ButcherBox: Ready to level up your meals? Go to https://butcherbox.com/impact to get $20 off your first box and FREE bacon for life with the Bilyeu Box! Netsuite: Download the new e-book Navigating Global Trade: 3 Insights for Leaders at http://NetSuite.com/TheoryShopify: Sign up for your one-dollar-per-month trial period at https://shopify.com/impactHims: Start your free online visit today at https://hims.com/IMPACT. ********************************************************************** What's up, everybody? It's Tom Bilyeu here: If you want my help... STARTING a business: join me here at ZERO TO FOUNDER: https://tombilyeu.com/zero-to-founder?utm_campaign=Podcast%20Offer&utm_source=podca[%E2%80%A6]d%20end%20of%20show&utm_content=podcast%20ad%20end%20of%20show SCALING a business: see if you qualify here.: https://tombilyeu.com/call Get my battle-tested strategies and insights delivered weekly to your inbox: sign up here.: https://tombilyeu.com/ ********************************************************************** FOLLOW TOM: Instagram: https://www.instagram.com/tombilyeu/ Tik Tok: https://www.tiktok.com/@tombilyeu?lang=en Twitter: https://twitter.com/tombilyeu Learn more about your ad choices. Visit megaphone.fm/adchoicesSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Send us a textEpisode 29 — How To Recapture Your Mojo After a Break-up or Divorce____________________________________________________Come join us! Sign up today and enjoy all the perks of the Amorati Membership, including live calls with Zan and his team. Go here: https://www.Amorati.net/____________________________________Need a gunslinger? Someone who rides into town, completely solves your problem, then rides off into the sunset. Contact Zan Perrion personally to inquire about his incredibly effective one-on-one Laser Coaching. Find him here: https://arsamorata.com/gunslinger/____________________________________Get a gifted copy of The Alabaster Girl, personally signed by Zan Perrion. Go to https://alabastergirl.com____________________________________Get instant access to our 4 part mini-course with Zan Perrion
Before algorithms ruled our feeds, the internet was a mess — glitchy, chaotic and full of unexpected magic. Internet culture writer Michael Sun reflects on the wild digital world of the 2000s — and makes a funny, wry case for why we need to reclaim its spontaneity, weirdness and genuine connection. From niche Facebook groups to loading music onto your iPod, it might be time to borrow from the past.For a chance to give your own TED Talk, fill out the Idea Search Application: ted.com/ideasearch.Interested in learning more about upcoming TED events? Follow these links:TEDNext: ted.com/futureyouTEDSports: ted.com/sportsTEDAI Vienna: ted.com/ai-vienna Hosted on Acast. See acast.com/privacy for more information.
Daily Inter Lake reporter Hailey Smalley follows Jamie Rolfing and his family as they reopen their 500-acre Great Northern Ranch to the public, inviting visitors to experience the quiet companionship of llamas along forest trails. Recapture the magic of slowing down, listening to the trees, and letting these quirky animals lead the way. Read the full article - A family llama-cy: Couple takes the lead on family trekking businessA big thank you to our headline sponsor for the News Now podcast, Loren's Auto Repair! They combine skill with integrity resulting in auto service & repair of the highest caliber. Discover them in Ashley Square Mall at 1309 Hwy 2 West in Kalispell Montana, or learn more at lorensauto.com. In Season 3 of Daily Inter Lake's Deep Dive podcast, we explore the devastating fire that struck the small town of Noxon, Montana. By the end of the day on February 27, 2024, three-quarters of the town's business community were wiped out. Listen to the two-part story on any audio platform you prefer, or watch the series on our YouTube channel.Visit DailyInterLake.com to stay up-to-date with the latest breaking news from the Flathead Valley and beyond. Support local journalism and please consider subscribing to us. Watch this podcast and more on our YouTube Channel. And follow us on Facebook, Instagram and X. Got a news tip, want to place an ad, or sponsor this podcast? Contact us! Subscribe to all our other DIL pods! Keep up with northwest Montana sports on Keeping Score, dig into stories with Deep Dive, and jam out to local musicians with Press Play.
Where does consciousness come from? Can information be received through visions? And is it possible that ancient plants unlock biological knowledge we haven't even begun to fully understand? In this episode of Your Brain Explained, Dr. Dave Rabin MD, PhD is joined by Pulitzer Prize-nominated author Jamie Wheal (Stealing Fire & Recapture the Rapture) as guest interviewer for a special conversation with anthropologist and author Jeremy Narby (The Cosmic Serpent) to explore one of the most provocative frontiers of neuroscience and consciousness research. Together, they delve into Jeremy's early fieldwork with Indigenous peoples of the Amazon, whose shamanic traditions claim to receive verifiable botanical knowledge directly from experiences with the sacred jungle plants—including ayahuasca.What begins as an exploration of cultural perspectives on plant medicine soon evolves into a larger conversation about the mysterious role of DNA in consciousness, the science of epigenetics, and the limitations of materialist thinking in modern neuroscience. Could DNA act as a receiver for information in altered states? How do we distinguish between personal projection and true insight? And what does it mean to “know thyself” in the age of brain scans and psychedelic therapy?This is a monumental episode, and one of my favorites of all time, for seekers, skeptics, and scientists alike—an invitation to sit with the unknown, rethink what we believe about consciousness, and explore how visionary states might help us heal trauma across generations.—Explore more from this episode:
A 79-year-old man is back behind bars in California after spending 31 years on the run as a prison escapee. A Pennsylvania man is convicted of stabbing and dismembering a transgender woman in one of Philadelphia’s most brutal killings in recent memory. Drew Nelson reports.See omnystudio.com/listener for privacy information.
The Sudanese army has recaptured the presidential palace in Khartoum from the rival paramilitary Rapid Support Forces, military leaders have said.The army appears poised to regain control of the capital two years after it was kicked out by its paramilitary rivals, known as the RSF.Also in the programme: Europe's busiest airport, London Heathrow, has been shut down by an electricity cut; we'll hear about the Ukrainian organisation trying to help people flee life under Russian occupation; and why yellow warblers are succumbing to road rage.(Photo shows Sudanese army members celebrate inside the presidential palac in Khartoum, Sudan, March 21, 2025. Credit: Reuters)
Dr. Jordan B. Peterson sits down with author and founder of the Flow Genome Project, Jamie Wheal. They discuss the death of God as it can be understood in the secular world, the new rise of Pharisees across mainstream religions, how to guard the proper aim against human corruption, and the true pathology of the culture wars — and who is leading it downward. Jamie Wheal is the author of “Recapture the Rapture: Rethinking God, Sex and Death In a World That's Lost Its Mind” and the Pulitzer-nominated “Stealing Fire: How Silicon Valley,” “Navy SEALs,” and “Maverick Scientists Are Revolutionizing the Way We Live and Work.” He is also the founder of the Flow Genome Project, an international organization dedicated to the research and training of peak performance. His work and ideas have been covered in The New York Times, Financial Times, Wired, Entrepreneur, Harvard Business Review, Forbes, Inc., and TED. He has spoken at Stanford University, MIT, the Harvard Club, Imperial College, Singularity University, the U.S. Naval War College and Special Operations Command, Sandhurst Royal Military Academy, the Bohemian Club, and the United Nations. This episode was filmed on September 8th, 2024 - Links - For Jamie Wheal: “Recapture the Rapture” (Book) https://www.recapturetherapture.com/ Flow Genome Project https://www.flowgenomeproject.com/
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