former American professional basketball team
POPULARITY
7 episodes with seattle sonics
5 episodes with seattle sonics
2 episodes with seattle sonics
2 episodes with seattle sonics
2 episodes with seattle sonics
3 episodes with seattle sonics
3pm: Is the U.S. at war with Iran? // Iran launches missile attacks on US bases in Qatar and Iraq // Whitney Decker reveals '3 feelings' tradition at emotional WA memorial for daughters // ‘We do believe he’s still alive,’ Chelan Co. Sheriff determined to find Travis Decker // Pain – OKC title cements NBA’s rotten legacy with Seattle Sonics fans
6pm: Update on Lake City. After last Thursday’s show, We Heart Seattle is coming to Lake City // Whitney Decker reveals '3 feelings' tradition at emotional WA memorial for daughters // ‘We do believe he’s still alive,’ Chelan Co. Sheriff determined to find Travis Decker // Pain – OKC title cements NBA’s rotten legacy with Seattle Sonics fans
Logan returns, the offense does not. The Mariners go 1-9 with runners in scoring position and Julio and Cal were the worst of the bunch. The good news is that Logan looked like Logan, striking out 10 over 5 innings of work and we have had 4 great starts from our pitching staff. Now, if we could just get the pitching and offense to work together more consistently… what a sight that would be! :30- Yes, we have already lamented about last night's 2-0 shutout at the hands of the Red Sox, but it's the top of the order that we have to focus on here. With the bases loaded by the bottom of the order, JP stepped up to the plate with no outs and struck out… followed by Julio and Cal also striking out to leave them loaded and take away nothing. HIGHLIGHTS ATTACHED- including Logan's 10 strikeouts and the strikeouts of JP, Julio and Cal :45- Ok, we have to briefly talk about the NBA Finals. OKC won game 5 to take a 3-2 lead and they could close it out later this week. We knew this would happen eventually, we just hoped we would have a team back before it did. See omnystudio.com/listener for privacy information.
Send us a textWelcome to another episode of Yappin N Shxt! In today's episode: New NBA expansion. Seattle SONICS?!Tyler bachelor party and crazy work week.Hoopfest!Yappin N Shxt is a production of Lost Dawgs Media.Listen to us on all of your favorite podcasting apps!Follow us on Instagram: https://www.instagram.com/yappinnshxtpod/
NBA Commissioner Adam Silver gave fresh insight into league expansion last week — we break down what he said and what it means for Seattle. With the Trail Blazers officially up for sale, we dig into how that might affect the timeline (and politics) of the Sonics' return. Plus, back by popular demand: NBA Movie Character Comparisons, Part 2 — featuring SGA as Neo, Haliburton as Luke Skywalker, and more cinematic takes you didn't know you needed. Follow us on IG: @iconic_sonics Sponsored by Swinomish Casino & Lodge, with all odds powered by their brand-new BetRivers Sportsbook. Please gamble responsibly. For help you can call the National Problem Gambling Helpline at 1-800-GAMBLER or visit 1800gamblerchat.org. For in-state resources contact Washington Problem Gambling Helpline at 1-800-547-6133 or visit their website at evergreencpg.org.
Nathan Vaas on what he has learned about Seattle in nearly 20 years as a bus driver // Chris Daniels on the potential return of the Seattle Sonics // Leland Vittert on President Trump's trip around the Middle East // The Rick Rizzs Show: Mariners looking to bounce back after a rough homestand // Gee Scott on Seattle's diverse food scene // Paul Holden with a roundup of all the best events happening around the Sound this weekend
Ian Furness from 93.3 KJR and the Kraken Hockey Network returns to the Ticker to discuss the Seahawks draft strategy, when the Sonics will return to Seattle and why the Kraken can't find a coach they're happy with.
John Moreland is an amazing songwriter, who's released fantastic albums like "High On Tulsa Heat" and "Visitor" and he was nice enough to stop by the Doc G Show! John and Doc talked about John coming to Florida for shows, recording videos for social media, growing up a Seattle Sonics fan (really diggin' the logo), hittin' the home workouts with adjustable dumbbells, being known as a songwriter's songwriter, co-writing, working with Zach Bryan, working on new music and so much more! Meanwhile on the rest of the show Mike and Doc find the 10 keys to being happy...spoiler alert, the Doc G Show has all 10! Make sure to listen! Episode Photo by - Fivish Introduction: 0:00:22 Birthday Suit 1: 11:09 Ripped from the Headlines: 15:12 Shoutouts: 33:33 John Moreland Interview: 38:28 Mike C Top 3: 1:24:31 Birthday Suit 2: 1:51:41 Birthday Suit 3: 1:53:28
We got a Top 75 player on Knuckleheads this week as The Glove aka Gary Payton joins Q and D. Bringing the energy per usual, GP shares his experiences growing up in the Bay, going to Oregon State, and getting to the league. He also looks back on putting the Sonics on the map with Shawn Kemp and what it was like to win DPOY and a gold medal all in the same year. The Hall of Famer never holds back — Tune in! Putting Oregon State on the map (7:29) Teaming up with Shawn Kemp on the Seattle Sonics (15:40) Being the first guard to win Defensive Player of the Year (19:09)1996 Olympics, Dream Team II (21:07)Going up against MJ in the NBA Finals (23:34)Winning the NBA Finals with Miami in 2006 (25:44) Not letting OKC retire his #20 jersey (37:56) About Our Hosts:NBA veterans Quentin Richardson and Darius Miles are lifelong friends and bona fide truth-tellers. Listen as they invite special guests, high-profile athletes, musicians and entertainers to get brutally honest about everything from current events to untold stories from the golden era of sports and culture. Named for the on-court celebration they made wildly popular, this unfiltered, hilarious and surprising podcast is like playing NBA 2K with no fouls.Other places to find Knuckleheads: Subscribe on YoutubeFollow on InstagramFollow on Facebook
For Episode 99 we catch up with our friend and EVMC Hall of Famer, Jim Delaney, Founder/CEO of Activate Sports & Entertainment. Jim, who is a 30-year veteran sports and event marketer, talks to us about his latest adventure becoming what he calls a “digital nomad” – working on projects remotely as he visits venues and lives in different cities for a couple months at a time. We talk about how he processes his life in cycles or waves of every seven years, exploring and challenging himself each time a new chapter is presented. We learn about Jim's time working for teams such as the Seattle Sonics, Washington Bullets/Wizards, and New England Patriots before landing at TD Garden in Boston where he oversaw marketing and PR for ten years. Hear what it was like to strike out on his own, advice he has for those considering it, and ways he constantly looks for the new challenge to keep him engaged. Jim talks about his excitement around AI and the sandbox it could provide for live events and his approach when pursuing new trends. From book recommendations to industry advice to fun stories and perspective, you'll enjoy this wonderfully unique episode that may inspire you to find that next exciting challenge.Jim Delaney: LinkedIn | Email ––––––ADVENTURES IN VENUELANDFollow on Instagram, LinkedIn, Facebook, or X/TwitterLearn more about Event & Venue Marketing ConferenceMeet our team:Paul Hooper | Co-host, Booking, Branding & MarketingDave Redelberger | Co-host & Guest ResearchMegan Ebeck | Marketing, Design & Digital AdvertisingSamantha Marker | Marketing, Copywriting & PublicityCamille Faulkner | Audio Editing & MixingHave a suggestion for a guest or bonus episode? We'd love to hear it! Send us an email.
Brian Windhorst from ESPN stops by to talk about the timeline for NBA expansion, his love for the Pacific Northwest and if Kevin Durant will finish his career in Seattle. 3 Things You Need To Know with Danny Ball is a short form show that aims to keep fans informed about the latest news on NBA expansion and the potential return of the Seattle Sonics. Thanks to our partners who make this possible: Rise Above, the Swinomish Casino and Lodge, the Edgewater, Simply Seattle, Epic Seats and the Hall Group. And to our Team who produces these episodes: Danny Ball, Trevor Bond, Ciella Sfirri, Allena Rouse, Cory Jackson and Brett Goldberg.
Jason "Puck" Puckett hosts Iconic Sonics here from the SixSeven restaurant in the Edgewater Hotel. He's joined by former Sonic, Rashard Lewis, who made a visit to town this month to attend the Rain City NBA preseason game. Puck and Sweet Lew discuss when Rashard was drafted by the Sonics in '98, his decade in Seattle, his relationships with former teammates Gary Payton and Ray Allen, leaving in '07 and what he's up to today. You can check out Puck's daily show at pucksports.com or on X and Instagram. And be sure to check out all Iconic Sonics episodes, if you haven't previously, wherever you get your audio and on X, Instagram, Threads and YouTube. Thanks to the Edgewater Hotel for making this episode possible as well as our long-time partners Simply Seattle, Epic Seats, Rise Above, the Hall Group and Swinomish Casino and Lodge. Thanks, too, to the Seattle Storm, Climate Pledge Arena and the Kraken for their support and hospitality during our visit to Seattle with Rashard Lewis this month!
3 Things You Need To Know with Danny Ball is a short form show that aims to keep fans informed about the latest news on NBA expansion and the potential return of the Seattle Sonics. This episode covers the latest on the Warner vs. NBA lawsuit about media rights, potential conference realignment and how the sale of the Boston Celtics is related to the return of the Sonics. Thanks to our partners who make this possible: Rise Above, the Swinomish Casino and Lodge, the Edgewater, Simply Seattle, Epic Seats and the Hall Group. And to our Team who produces these episodes: Danny Ball, Trevor Bond, Ciella Sfirri, Allena Rouse, Cory Jackson and Brett Goldberg
Jason "Puck" Puckett, former KJR host and Jim Moore, former co-host at KJR, on today's Daily Puck Drop, discuss various topics including Geno Smith's contract situation, the performance of quarterbacks in preseason games, and their thoughts on Russell Wilson. They also touch on other subjects such as Gardner Minshew's potential fit with the Las Vegas Raiders and the Mariners' recent struggles. They chat about the potential sale of the Boston Celtics, and upcoming college football games. They also touch on the importance of good reporting and the possibility of Jeff Bezos becoming involved with the Seattle Sonics. Rundown00:00 Sam Howell played great and what's going on with Geno and social media??11:20 Can Howell get Jim his $250 bucks....Gardner Minshew named starter for Raiders and Russell Wilson looks done in the NFL 23:31 The Mariners are in a free fall...Can they go 26-11 to reach 90 wins...Puck and Jim don't think so27:16 If they miss the playoffs, will they clean house or will they just fire Scott Servais? Puck and Jim disagree on what ownership will do 35:44 "Hey, what the Puck?!" Will Jeff Bezos buy the Boston Celtics and don't we want him for the Sonics?? 44:44 Puck is off on his road trip!
3 Things You Need To Know with Danny Ball is a short form show that aims to keep fans informed about the latest news on NBA expansion and the potential return of the Seattle Sonics. This episode covers when the NBA will announce that they are expanding, what cities are being considered for expansion and when the Sonics would play their first game. Thanks to our partners who make this possible: Rise Above, the Swinomish Casino and Lodge, the Edgewater, Simply Seattle, Epic Seats and the Hall Group. And to our Team who produces these episodes: Danny Ball, Trevor Bond, Ciella Sfirri, Allena Rouse, Cory Jackson and Brett Goldberg.
Arik Lee fills in for the J-Man as he and Tanner discuss, the NBA Finals, the possibility of the Seattle Sonics returning to the NBA, the US Open and more! Buy Tan and J-Man Show Merch: Tan and J-Man Show Store tanandjmanshowstore.com Like us on Facebook: https://www.facebook.com/TanandJManShow/ Follow us on X: https://twitter.com/TanandJManShow Follow Tanner @TannerLee92 on X: https://twitter.com/TannerLee92 Follow J-Man @mundtdog16 on X: https://twitter.com/mundtdog16 Follow us on Instagram: https://www.instagram.com/tanandjmanshow/ Subscribe to our YouTube Channel: https://www.youtube.com/@tanandjmanshow Watch all of our episodes: https://www.iscsportsnetwork.com/the-tan-and-j-man-show The Birdie or Bogey segment is brought to you by the Arlington Public House, J-Man's Book It Prediction of the Week is brought to you by Indiana Farm Bureau Insurance Agent, Travis Wottring, the Pick Six segment is brought to you by Barbara VanWynsberghe of Proforma Print2Promo Group and the On This Day segment is brought to you by Mooney Woodcrafts (Tell them the Tan and J-Man Show sent you for 15% off your order!).
On today's Daily Puck Drop, Jason "Puck" Puckett discusses various topics including the Seattle Mariners, betting under on the M's, Ohtani's i interpreter, Rick Carlisle's complaints, and the potential return of the Seattle Sonics. Listeners share their emotions and hopes for the Sonics' return. Puck also mentions Snoop Dogg sponsoring the Arizona bowl and the release of a new beer by Cougar Collective. The episode ends with a debate between Puck and Brad Adam about two players.Rundown00:00 George Kirby stumbles...Offense still strikes out 02:20 Ohtani's nterpreter and Rick Carlisle's Complaints05:02 Hopes for the Return of the Seattle Sonics08:52 Snoop Dogg Sponsors Arizona Bowl13:31 Cougar Collective Releases New Beer
Jason Puckett hosts Iconic Sonics again and is joined by long-time Seattle Sports Executive, Nate Silverman. Nate discusses his current team, the Seattle Storm, and his role as the organization's Chief Commercial Officer. He also talks about the WNBA, the rise of women's hoops, Sue Bird, Caitlin Clark and more. Puck and Nate then review the SuperSonics and what the team's anticipated return could mean for the Storm and expanded Seattle sports community. You can check out Jason's daily content at http://pucksports.com or on X and Instagram. And you can check out more Iconic Sonics at http://iconicsonics.com as well as on X, Instagram, TikTok, YouTube and wherever else you get your media. Thanks to all our partners who make this Season of Iconic Sonics possible -- Rise Above, Simply Seattle, the Edgewater Hotel, Epic Seats, the Hall Group and Swinomish Casino and Lodge.
This episode of Flow Radio is a masterclass on leadership best practices, featuring three very special guests: Retired Navy SEAL commander and bestselling author Rich Diviney, Philadelphia 76ers assistant coach Coby Karl, and veteran performance psychologist Dr. Sarah Sarkis. This episode is a must-listen for anyone who wants to learn how to lead teams that consistently outperform and out-innovate the competition. how to lead teams that consistently outperform and out-innovate the competition. In This Episode: 0:00 Introduction 04:35 Defining leadership 11:05 Leadership as Behavior 26:13 Dynamic Subordination in High-Performing Teams 30:55 Lessons from Phil Jackson and Dennis Rodman 39:11 Defining Leadership Expertise 49:00 The Role of Flow in Leadership 57:44 Attunement and Shared Experience in Leadership 1:16:53 Balancing Training and Education in the Business World About the Guests: By day, Dr. Sarah Sarkis is a licensed psychologist, a certified executive coach, and the senior Director of Performance Psychology at Exos. Occasionally, you'll also find her moonlighting as a writer and keynote speaker. Dr. Sarkis has spent 20-plus years in the trenches, exploring every corner of the human psyche. Her passion and focus these days is working with CEOs, athletes, professional coaches, and other executives striving to achieve moonshot dreams. In a nutshell, she considers herself a human performance hybrid: part shrink, part coach, part Jedi of the unconscious. Dr. Sarkis has been a featured guest on many popular podcasts, including The Gabby Reece Podcast and LinkedIn Live. She is also a regularly featured SME in publications such as CNBC, Women's Health, The Huffington Post, and the New York Times. Rich Diviney, a bestselling author, leadership expert, and retired Navy SEAL commander, brings over two decades of exceptional experience to the stage. Over the course of a 20-year career, he completed more than thirteen overseas deployments and served in multiple leadership positions, to include being the officer in charge of an extremely specialized SEAL selection process, curating the most elite performers through a specialized selection process. Coby Karl is an Assistant Coach for the Philadelphia 76ers. Starting as a Seattle Sonics ballboy to becoming an NBA player, he's spent a lifetime learning the game and how to lead a team. His experiences helped him coach the Delaware Blue Coats to win their first NBA G League title in 2023. Coby learned to lead with compassion and thoughtfulness from his mentors, icons like Phil Jackson and his dad, George Karl. Flow Radio Is Presented By Flow Research Collective Are you an entrepreneur, a leader, or a knowledge worker, who wants to harness the power of flow so you can get more done in less time with greater ease and accomplish your boldest professional goals faster? If the answer is yes, then our peak-performance training Zero To Dangerous may be a good fit for you. Flow Research Collective is a leading neuroscience research and training company. If you're interested in learning the science-backed techniques we used to train top executives at Facebook, Audi and even the Navy SEALs, click the link here: https://www.flowresearchcollective.com/zero-to-dangerous/overview Follow Flow Research Collective: YouTube: https://www.youtube.com/@flowresearchcollective Instagram: https://www.instagram.com/flowresearchcollective LinkedIn: https://www.linkedin.com/company/flowresearchcollective X: https://twitter.com/thefrc_official Facebook: https://www.facebook.com/flowresearchcollective Spotify: https://open.spotify.com/show/6RQY0d5rdlEiinHEtfWy6A Website: https://www.flowresearchcollective.com Flow Research Collective was founded by Steven Kotler, one of the world's leading experts on human peak performance. He is an award-winning journalist and author with over ten bestselling books.
Nate McMillan, AKA Mr. Sonic or Mac10, joins the Show for a second time and a first time as part of our special series, Iconic Sonics City Edition. Nate sat down with Omari Salisbury in the Black Media Matters studio during a recent visit to Seattle. They talk here about Nate's connection to the Emerald City, some of his closest relationships in Seattle and and his history with the Black community in town. Mac10 and Omari also discuss his new foundation, the Nate McMillan Foundation, and if he envisions being a part of the future Sonics organization. Thanks to Iconic Sonic Season 5 partners Rise Above, the Edgewater Hotel, Simply Seattle, Epic Seats, the Hall and Swinomish Casino and Lodge. Plus Converge Media, Seattle Magazine and the Nate McMillan Foundation. This episode was produced in partnership with Converge. You can check out the video edition at: https://www.youtube.com/@ConvergeMedia/videos. You can learn more about Nate's new foundation here: https://www.natemcmillanfoundation.org/ The team behind this production included Brett Goldberg, Omari Salisbury, Ciella Sfirri, Allena Rouse, Cory Jackson, Trevor Bond, Danny Ball, Ike Everard and Besa Gordon.
It's a jammed packed edition of the latest show, as host T.J. Rives returns with guests to cover many subjects far and wide from the Kentucky Derby coverage, LeBron James' Son deciding on a California college home, Seattle becoming a big hockey market and more on the "Last Word On Sports Media Podcast."First up Matt Zemek of USC Trojaswire.com jumps aboard to talk Bronny James agreeing to play at least one season of college hoops at Southern Cal. When the announcement came Saturday, how did Matt half to swing into action for his site and his staff, even in May??? Also, he and T.J. discuss the anniversary this past weekend of the EPIC upset loss for the Seattle Sonics in the 1994 NBA Playoffs to Denver with a losing record and T.J. relates a tremendous story/joke at the expense of a colleague from his early sports radio days about his topic?Next, George Ofman of the "Tell Me A Story I Don't Know" podcast series is back on the show to discuss the start up of his eighth season of guests with former White Sox World Series winning manager Ozzie Guillen. He's so outspoken and often gets himself in trouble and now he's on the air on White Sox pre game and post game TV discussing it all. George has a 20 year relationship with the controversial Guillen and sheds his light on it all. The guys also go over ESPN's bungling of the NHL Draft Lottery coverage on Monday night.Finally, some more insight from another part of the country as Mark Ennis of Louisville afternoon drive sportstalk is back and ready to talk the passing of legendary Cards hoop coach Denny Crum Tuesday morning and how his station handled it/covered it. T.J. also tells a media story about being in Louisville in March of 2001 for the firing of Crum that led to the hiring of Rick Pitino. The guys also discuss whether the maligning of the Kentucky Derby by a lot of national media is fair and just how vast is NBC's number of people and amount of equipment to cover the Derby???Hear it all on the newest "Last Word on Sports Media Podcast" and make sure to follow/subscribe on Apple Podcasts, Spotify, Google, etc.!!Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
It's a jammed packed edition of the latest show, as host T.J. Rives returns with guests to cover many subjects far and wide from the Kentucky Derby coverage, LeBron James' Son deciding on a California college home, Seattle becoming a big hockey market and more on the "Last Word On Sports Media Podcast."First up Matt Zemek of USC Trojaswire.com jumps aboard to talk Bronny James agreeing to play at least one season of college hoops at Southern Cal. When the announcement came Saturday, how did Matt half to swing into action for his site and his staff, even in May??? Also, he and T.J. discuss the anniversary this past weekend of the EPIC upset loss for the Seattle Sonics in the 1994 NBA Playoffs to Denver with a losing record and T.J. relates a tremendous story/joke at the expense of a colleague from his early sports radio days about his topic?Next, George Ofman of the "Tell Me A Story I Don't Know" podcast series is back on the show to discuss the start up of his eighth season of guests with former White Sox World Series winning manager Ozzie Guillen. He's so outspoken and often gets himself in trouble and now he's on the air on White Sox pre game and post game TV discussing it all. George has a 20 year relationship with the controversial Guillen and sheds his light on it all. The guys also go over ESPN's bungling of the NHL Draft Lottery coverage on Monday night.Finally, some more insight from another part of the country as Mark Ennis of Louisville afternoon drive sportstalk is back and ready to talk the passing of legendary Cards hoop coach Denny Crum Tuesday morning and how his station handled it/covered it. T.J. also tells a media story about being in Louisville in March of 2001 for the firing of Crum that led to the hiring of Rick Pitino. The guys also discuss whether the maligning of the Kentucky Derby by a lot of national media is fair and just how vast is NBC's number of people and amount of equipment to cover the Derby???Hear it all on the newest "Last Word on Sports Media Podcast" and make sure to follow/subscribe on Apple Podcasts, Spotify, Google, etc.!!Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Episode 23 of the Mark Price for 3 Podcast is with Jimmy Dykes of ESPN. We continue the March Madness Series of the podcast with one of the most respected voices in college basketball. More importantly, Jimmy is a man of high character and deep faith. In this episode, we discuss the following:-History of Mark and Jimmy-The Final Four -Leading our home and our family-ForgivenessYou can order "The Film Doesn't Lie" at Amazon (HERE)Jimmy Dykes Bio - Jimmy Dykes first joined ESPN at the start of the 1995-96 men's college basketball season as a game and studio analyst, and is entering his 20th season with the company, after serving as the women's head basketball coach at the University of Arkansas from 2014-2017. He led the Razorbacks to one NCAA tournament appearance and finished with an overall record of 43-49.Prior to his career with ESPN, Dykes was a 3-year letterman at the University of Arkansas, playing for the legendary coach Eddie Sutton. Following his playing days, he then went on to serve as a graduate assistant coach under Sutton at Arkansas.Dykes' coaching career includes a number of assistant coaching stints at Sacramento State , Appalachian State, University of Kentucky, Arkansas-Little Rock and Oklahoma State. He then spent three years as an NBA scout for the Seattle Sonics prior to joining ESPN in the mid 90s.He is the author of the powerful book titled, “The Film Doesn't Lie” scheduled for release in 2020 which is certain to provoke readers to take an honest, in-depth look at their own life and to live with genuine passion and bold determination.Dykes is also a highly sought after motivational speaker for companies, organizations, sports teams, and faith based groups across the country, challenging audiences to a higher level of accountability and tenacious faith.He was selected as one of People Magazine's 50 Most Eligible Bachelors in July 2001. Dykes also appeared in the movie “Bluegrass” in 1988.He was born in Tulsa, Okla., and now resides in Springdale, Ark., with his wife Tiffany and daughter Kennedy.A podcast they thought was a good idea for some reason.The Rivalry Podcast is a no-punches-pulled, garbage-free analysis of the greatest sports rivalry. Each week, Jace and JP deliver game-by-game commentary on the Wolverines and Buckeyes – all while looking ahead to the last Saturday in November. Because it's not just *a* game – it's THE GAME.
In the second hour, Dave Softy Mahler and Dick Fain listen and react to Gary Payton talking about the potential return of the Seattle Sonics, debate which quarterback is better between Geno Smith and Brock Purdy, then listen and react to texts of the day.
On episode 20 of The VITAL HOOPS Podcast Keith begins by talking about his love for basketball as a youth growing up watching the Seattle Sonics. He then speaks on his journey and how he got to Hip Hop culture and the plant based lifestyle. Keith explains how "Hip Hop is Green" was born and gives us details on how the 10th Element of Hip Hop came to life. He finishes up by talking about "Cherry Street Farm", the importance of dealing with climate change and the upcoming "10th Element" event in April of 2023. Book Recommendation: Fernando Cardenas: "Eat Plants Lift Iron" by Stic of dead prez Health and Wellness Proclamation https://www.hiphopisgreen.com/10th-element/10th-element-proclamation Social Media: Keith Tucker: Twitter: @hiphopisgreen Instagram: @hiphopisgreen Facebook: Hip Hop is Green YouTube: @hiphopisgreen4255 https://www.hiphopisgreen.com VITAL HOOPS: Twitter: @vitalhoopspod Instagram: @vitalhoopspodcast Facebook: Vital Hoops vitalhoopspodcast@gmail.com VITAL HOOPS is 4 THE KULTURE
Welcome to THE Kraken Pod! The boys are back and we're just two weeks away from the Seattle Kraken playing a hockey game! What a beautiful time to be a Seattle sports fan, eh?! Jeff recaps his trip to Denver which included (nearly) throwing fisticuffs with a geriatric jerk on the streets and Joey reveals he's in Colorado for the week and will retrieve Jeff's glasses from a bistro. The Colorado takeover is official! The Kraken Reaction (21:50) covers the signing of Cale Fleury and how that impacts Seattle's roster, ESPN's league-wide breakout players and which two Kraken skaters ended up on the list and how they're in their top tiers, and the Seattle Supersonics are coming back?! Last, No Dumb Questions has Joey answering how the NHL playoffs are structured and what it would take for the Kraken to make it this year, shout out to the folks over at the Sound of Hockey. Ending, as always, with the Chirp of the Week.Subscribe:On All podcasting apps, rate & review on iTunes, Apple Podcasts, and Spotify!Presented by The Hockey Podcast Network with new episodes every week. Follow us on Twitter, Facebook, TikTok, and Instagram at @KrakenPodRelease the Kraken!#SeaKrakenDraft Kings disclaimer:If you or someone you know has a gambling problem, crisis counseling and referral services can be accessed by calling 1-800-GAMBLER (1-800-426-2537) (IL/IN/LA/MI/NJ/PA/WV/WY), 1-800-NEXT STEP (AZ), 1-800-522-4700 (CO/NH), 888-789-7777/visit http://ccpg.org/chat (CT), 1-800-BETS OFF (IA), 877-8-HOPENY/text HOPENY (467369) (NY), visit OPGR.org (OR), call/text TN REDLINE 1-800-889-9789 (TN), or 1-888-532-3500 (VA). 21+ (18+ NH/WY). Physically present in AZ/CO/CT/IL/IN/IA/LA(select parishes)/MI/NH/NJ/ NY/OR/PA/TN/VA/WV/WY only. New customer offer void in NH/OR/ONT-CA. $200 in Free bets: New customers only. Valid 1 per new customer. Min. $5 deposit. Min $5 wager. $200 issued as eight (8) $25 free bets. Ends 9/19/22 @ 8pm. Early Win: 1 Early Win Token issued per eligible game. Opt in req. Token expires at start of eligible game. Min moneyline bet $1. Wagering limits apply. Wagers placed on both sides of moneyline will void bet. Ends 1/8/23 @ 8pm ET. See terms at sportsbook dot draftkings dot com slash football terms.
Welcome to THE Kraken Pod! The boys are back and we're just two weeks away from the Seattle Kraken playing a hockey game! What a beautiful time to be a Seattle sports fan, eh?! Jeff recaps his trip to Denver which included (nearly) throwing fisticuffs with a geriatric jerk on the streets and Joey reveals he's in Colorado for the week and will retrieve Jeff's glasses from a bistro. The Colorado takeover is official! The Kraken Reaction (21:50) covers the signing of Cale Fleury and how that impacts Seattle's roster, ESPN's league-wide breakout players and which two Kraken skaters ended up on the list and how they're in their top tiers, and the Seattle Supersonics are coming back?! Last, No Dumb Questions has Joey answering how the NHL playoffs are structured and what it would take for the Kraken to make it this year, shout out to the folks over at the Sound of Hockey. Ending, as always, with the Chirp of the Week. Subscribe: On All podcasting apps, rate & review on iTunes, Apple Podcasts, and Spotify! Presented by The Hockey Podcast Network with new episodes every week. Follow us on Twitter, Facebook, TikTok, and Instagram at @KrakenPod Release the Kraken! #SeaKraken Draft Kings disclaimer: If you or someone you know has a gambling problem, crisis counseling and referral services can be accessed by calling 1-800-GAMBLER (1-800-426-2537) (IL/IN/LA/MI/NJ/PA/WV/WY), 1-800-NEXT STEP (AZ), 1-800-522-4700 (CO/NH), 888-789-7777/visit http://ccpg.org/chat (CT), 1-800-BETS OFF (IA), 877-8-HOPENY/text HOPENY (467369) (NY), visit OPGR.org (OR), call/text TN REDLINE 1-800-889-9789 (TN), or 1-888-532-3500 (VA). 21+ (18+ NH/WY). Physically present in AZ/CO/CT/IL/IN/IA/LA(select parishes)/MI/NH/NJ/ NY/OR/PA/TN/VA/WV/WY only. New customer offer void in NH/OR/ONT-CA. $200 in Free bets: New customers only. Valid 1 per new customer. Min. $5 deposit. Min $5 wager. $200 issued as eight (8) $25 free bets. Ends 9/19/22 @ 8pm. Early Win: 1 Early Win Token issued per eligible game. Opt in req. Token expires at start of eligible game. Min moneyline bet $1. Wagering limits apply. Wagers placed on both sides of moneyline will void bet. Ends 1/8/23 @ 8pm ET. See terms at sportsbook dot draftkings dot com slash football terms. Learn more about your ad choices. Visit megaphone.fm/adchoices
“After Keegan graduated from college, he felt like he was supposed to "get a real job, start a real career.” Hall explains, “I was one of those people and artists who was too afraid to put my work out there for fear of what others would think of it, so I was constantly searching for another career.” A hunt that led to an MBA, work with the Seattle Sonics basketball team and an eight-year artistic hiatus. But that void was never filled for either Hall or and his mother, who always "lit up" when she saw his artwork. “She even loved my bad drawings,” Hall says, grateful for her unconditional support. But when Hall picked up his pencil again on a Saturday afternoon, his world looked very different. “My mom passed away unexpectedly just a couple of months before and I fell into this deep contemplation about my life and what I was doing,” he says. “I had no expectations when I sat down to draw that day, but I could feel something strong pulling me toward drawing.” Twenty-five hours later, a gem emerged — an impeccably detailed and highly emotive rendition of Michael Jordan. That drawing led to another, this time drawn of and for Seattle Seahawks strong safety Kam Chancellor, garnering 19,000 Instagram likes when Chancellor posted the finished product. Choked up with eyes full of tears, Hall explains the significance of that moment. “As I started to see the ways in which other people were affected by my work and feeling something, it made me want to keep drawing," he says. "I had forgotten about how beneficial art is.” To View This Episode- https://youtu.be/QgHQ548z464 #KeeganHall #Art #WhoKnewInTheMoment?
Seattle radio legend Dave "The Groz" Grosby joins his old partner-in-crime Mike Gastineau on this episode of Iconic Sonics to talk about the team they love and the town they covered for nearly two decades. Here, Groz and Gas talk about the past, present and future of the Seattle Sonics and look ahead at the potential return of the team to the PNW. This episode is presented by Swinomish Casino and Lodge, Dicks Drive-in and the Run Freely Foundation.
In this episode, Jamal Crawford joins Dylan Dreyfuss to dive deep on the 2010 Atlanta Hawks. This was Crawford's 10th season in the league but his first as a true sixth man, a critical identity change that propelled a second phase of his career in which he became arguably the most decorated sixth man in NBA history. In this episode, Crawford brings us back to the season that "changed everything" for him and provides insight on his Hawks teammates, his toughest matchups, playoff battles against Brandon Jennings and Dwight Howard, the eagerly awaited return of his hometown Seattle Sonics, and much more. If you enjoyed this episode, subscribe and rate to the podcast and follow Forgotten Seasons (@forgottenseasonsnba) and SHOWTIME Basketball (@shobasketball). Learn more about your ad choices. Visit megaphone.fm/adchoicesSee omnystudio.com/listener for privacy information.
In this episode, Jamal Crawford joins Dylan Dreyfuss to dive deep on the 2010 Atlanta Hawks. This was Crawford's 10th season in the league but his first as a true sixth man, a critical identity change that propelled a second phase of his career in which he became arguably the most decorated sixth man in NBA history. In this episode, Crawford brings us back to the season that "changed everything" for him and provides insight on his Hawks teammates, his toughest matchups, playoff battles against Brandon Jennings and Dwight Howard, the eagerly awaited return of his hometown Seattle Sonics, and much more. If you enjoyed this episode, subscribe and rate to the podcast and follow Forgotten Seasons (@forgottenseasonsnba) and SHOWTIME Basketball (@shobasketball).
Jamal Crawford's NBA career spanned three decades with nine different teams, but what will his lasting legacy be as one of Seattle's most successful homegrown professional athletes? Crawford joins Gee Scott's Leaving a Legacy podcast to discuss how NBA superstars - including Michael Jordan - helped him become a professional, and how he's trying to lead the future of Seattle basketball. See omnystudio.com/listener for privacy information.
How to fix the housing problems of King County (and Washington State) // Sports icon Mike Gastineau ("the Gasman") on the legend of the Seattle Sonics // Board Op Andrew briefly explains the source and danger of the Java "log4j" vulnerability See omnystudio.com/listener for privacy information.
The OL Reign are back, the Seahawks have won 2 straight games, the Kraken continue to take us on a rollercoaster ride and Steph Curry broke former Seattle Sonics player, Ray Allen's all time 3-pointers record in the NBA! Tune in!
On Tuesday night, Stephen Curry surpassed Ray Allen for most career three-pointers in NBA history. As the current public address announcer fort the Warriors, and previously for the Seattle Sonics, Bay Current host Matt Pitman has has a front row seat to both Curry and Allen during their careers. Matt discusses the careers of the greatest shooters in NBA history, and Steph's remarkable run to the record, with veteran NBA play by play announcer Kevin Calabro, the current voice of the Portland Trailblazers, who was the voice of the Sonics from 1987 until 2007, and called the Warriors championship runs for ESPN Radio. Subscribe to Bay Current on the Audacy app, Google podcasts or Apple podcasts. Bay Current is on the KCBS Radio YouTube page.
In this Episode of Sports the NEMO Way Patrick Ewing is up for discussion
NOUVEAU FORMAT ! L'équipe Posterdunk vous retrouve pour l'émission « NBA Series », autour de volumes thématiques autour de la culture NBA. Volume 1: la NBA des années 2000. Le 1er volume concerne la décennie 2000-10 avec une guerre des saisons. Quel roster & quelle saison étaient au dessus des autres ? Ce soir c'était avec @23mgab et un grand connaisseur, tout nouveau chez nous: @Deiidou ! On a parlé des joueurs préférés de tes joueurs préférés. Des moments qui ont changé la ligue. Et des matchs ou équipes qui ont fait l'Histoire. Bonne écoute !
In this quick hitter from the fourth and final episode of the Mike Wise Show's four part series on the North Carolina Basketball Family, Tar Heel legends George Karl, George Lynch, and Matt Doherty have some laughs with Mike and co-host Bruce Bernstein over a story that Tar Heel legend Sam Perkins tells about Coach Karl when they were together with the NBA's Seattle Sonics. As our panelists listen to Sam tell the story, they're all laughing at the utterly ridiculous situation George put himself in. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
In the final installment of the Mike Wise Show's four part series on the North Carolina Basketball Family, Mike Wise, his co-host Bruce Bernstein and our panel of Tar Heel greats George Karl, George Lynch, and Matt Doherty share fun stories of their interactions with fellow family members and hoop legends Michael Jordan, James Worthy and Sam Perkins. Perkins tells a hilarious story about George Karl when they were together with the NBA's Seattle Sonics. Matt Doherty shares a golfing story about Michael Jordan that includes MJ's reaction when the former President of the United States wanted to play a round of golf with him. And when George Lynch was a rookie with the Los Angeles Lakers, he shared a memory of how James Worthy took him under his wing and made his rookie season a lot more enjoyable. And since this series of shows has a Dean Smith thread running through every episode, Tar Heel legend Brad Daugherty concludes the series with a story of how even when he passed away, Coach Smith left all of his "family" members with a sweet gesture to remember him by. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Rick Welts began as a ball boy for the Seattle Sonics as a teenager before becoming one of the most significant executives in the NBA office and President of two NBA teams (Phoenix & Golden State). In this quick hitter segment from the new episode of Dave's Front Office, Rick tells Dave Wohl about his initial interview with the late NBA Commissioner David Stern and how their relationship evolved over the years. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
On the new "Dave's Front Office," Golden State Warriors President Rick Welts pays a visit to Dave Wohl. Rick is a member of the Naismith Memorial Basketball Hall of Fame even though he never made a bucket or coached a game. Rick's NBA story began almost 50 years ago when he became a ball boy for the Seattle Sonics. He has been a pioneer in the marketing of the sport, conceiving the idea for NBA All Star Weekend back in 1984 and doing so much more to grow the sport around the world. In 2011 when he came out as gay in a New York Times article, he became the first major sports figure to do so. Over the years, he has been an inspiration to millions for his courage as well as for his skills as an executive and his kindness as a human being. In this conversation with Dave Wohl, Rick reflects on his journey and also on his plans for the future, which will hopefully include the return of NBA basketball to his beloved Seattle.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Our true basketball fans will really appreciate this episode. We are starting off the weekend right with one of the most dynamic scorers who made it look REAL easy, especially during his high school and college days. Joseph Forte takes the time to chop it up and share his story with us. Forte starred at DeMatha High School where he played under the legendary coach, Morgan Wootten. He was a McDonald’s All-American and went on to play 2 years at North Carolina where he was named the ACC Rookie of the Year, first-team All-American, and ACC co-Player of the Year. He also helped lead UNC to a very memorable Final Four run. He was selected 21st overall by the Boston Celtics in the 2001 NBA Draft and had a great career that included stops in both the NBA and overseas. He shares great stories about his time at UNC, journey to the NBA, experience overseas, Morgan Wootten, Bill Guthridge, Gary Payton, Ray Allen, Baron Davis, Jeremy Pargo, Sofoklis Schortsanitis and MUCH more. It was an absolute pleasure to learn from Joseph Forte and we can’t thank him enough for sharing his hoops story with us. In this episode we relive some memorable moments that will also really help the young hoopers coming up. His game always stood out on the big stage, but the man he is today is what stands out the most. We know you’ll enjoy this one! Thanks Joseph Forte! You can find this episode on Apple, Spotify or any source for podcasts! Follow us on social media! Facebook - https://www.facebook.com/notin.myhouse.79 Instagram- @Not_in_my_house_podcast Twitter - @NOTINMYHOUSEpc
Altro giro altro approfondimento, stavolta ecco i quasi defunti Seattle Sonics, team iconico per tutti noi appassionati. Vuoi sapere tutta la loro storia? Ecco qui il nostro personale racconto.
This weeks episode is with the incredible Noel Felix. Noel was a Collegiate Athlete for the Fresno State Bulldogs from 1999-2003 and studied Psychology at CSU Fresno. He played in the NBA from 2006-2007 for the Seattle Sonics, Sacramento Kings and Cleveland Cavaliers. After Basketball, Noel has built a lengthy resume building up the community. Public speaking, Brand ambassadorship, and Volunteering has been a core part of his life. This is an incredible podcast where Kim and Noel discuss adversity and inspiration, and how hard work and perseverance will help you achieve your dreams. Go to:https://www.shopgiveculture.com/To get involved with Noel's visionTake your life and business to the next level by reaching out to Kim and scheduling a strategy call at:Calendly.com/KimYeater
No one has averaged more points per game off the bench in NBA History. He was a walking bucket and the premier Sixth man of the NBA for years. Ricky Pierce is in the house today and it is an honor to learn about his journey to carving out a successful 16 year NBA career.Pierce was known for his incredible work ethic. He was a standout player at Rice where he averaged nearly 27 points and 8 rebounds during his senior season. He was selected 18th overall by the Detroit Pistons in the 1982 NBA Draft. He was a 2x Sixth Man of the Year Award winner and was named to the NBA Allstar Team in 1990-91. Pierce’s averaged of 23 points per game remains the highest scoring average off the bench without starting a game in NBA History and he accomplished this in only averaging 29 minutes per game. Pierce shares incredible stories about shifting from the Forward position to a Guard, adjusting to the 6th man role, All Star experience, Don Nelson, Edgar Jones, Bill Walton, Playing overseas, and MUCH more.We loved our time with Ricky Pierce. His work ethic and ability to thrive in that Sixth man role is something that we truly admire. We can’t thank him enough for being so gracious with his time and for sharing his basketball experiences. We know you will enjoy this one just as much as we did.Thank You Ricky Pierce!Also please checkout the Accushot. It is the perfect basketball to maximize your shooting form and accuracy on your shot. You can support Ricky and find the Accushot at www.accushot22.com
Nick and Zack give their thoughts about the All-Star game rosters, who's hot and who's not in league right now and we conclude with a two team expansion draft as we bring back the Seattle Sonics & Buffalo Braves
Host Brian Swane talks to Seattle Sonics historian Brad Burns about the Seattle teams of the 1990s, why the Sonics moved to Oklahoma City, and if the NBA will come back to the city.
Seattle Sonics historian Brad Burns talks about the Seattle teams of the 1990s, why the Sonics moved to Oklahoma City, and if the NBA will come back to the city.
My guest today is Coby Karl, head coach for the South Bay Lakers of the NBA G League. He played professionally in the NBA for multiple teams, including for Phil Jackson and the Lakers, and overseas. In this episode, we discuss what it was like to grow up the son of former NBA Head Coach George Karl and the lessons he learned being around the game at a young age. Then we dive into his transition from a player to a coach with the Knicks G-League team and now the Lakers G-League team. He touches on his coaching philosophy, favoring simplicity versus complexity, and how he’s tried to give his players space to grow. We talk about his eagerness to learn and lessons he’s taken from people like Phil Jackson, Kobe Bryant and Ryan Holiday. Coby is going to be releasing his own podcast soon called The Curious Leader, which will kick off with guests like Phil Jackson and Metta World Peace (Ron Artest), so be sure to go subscribe to listen to those episodes when they release in early February. Show Notes: (1:43) - Episode begins with growing up the son of a coach and being a ball boy for the Seattle Sonics (5:00) - How he handles the stress of the job (7:15) - The benefits of coaching in the NBA G-League (8:55) - What made him want to pursue coaching as a profession after his playing career (11:05) - The transition from player to coach (16:20) - Why he tries to keep things simple for his players (21:30) - What he focuses on to develop guys like Alex Caruso, Thomas Bryant, etc. (24:40) - What led him to start a podcast (The Curious Leader) (27:50) - How time playing for and spent with Phil Jackson made him introspective (29:18) - Must listen story about him sneaking into the Chicago Bulls locker room to watch Michael Jordan during the NBA Finals when he was a ball boy for the Seattle Sonics (30:35) - Best memorabilia he has from his playing career and being a ball boy (33:05) - Coaching lessons taken from Phil Jackson (40:50) - What made him so curious to reach out to connect with people like Ryan Holiday (43:20) - Lessons learned from playing with Kobe Bryant and spending time with him after they both retired (48:50) - Why he wants to focus on holding players accountable (52:50) - What he would tell himself if he could go back to his first day of coaching (54:20) - Having to handle his 2020 season cut short and the 2021 season not happening (58:45) - End of episode questions End of Episode Questions: 1. What’s 1 book every coach should read? The Alchemist 2. Who is one person you’d want to hear as a guest on this podcast? Barack Obama 3. What’s one area you’re looking to improve in over the next year? Clarity and the ability to communicate that clarity to players 4. What’s popular advice you hear people say that you think is wrong? n/a 5. What advice do you have for young coaches who are listening to this? Be a head coach at whatever level you can be 6. What’s the darkest moment you experienced professionally and how did you overcome it? Two moments: The first was getting cut by the Lakers the day before his second season with the team. The second was a losing streak for an entire month during the G-League season last year. He overcame it by continually showing up and leaning on his staff. Favorite Quotes: “I don't know if I ever told this story, but I was a ball boy in the (NBA) Finals during that time and I was a ball boy in the home locker room, which they have different sets. So you don't like … go in the visitors locker room unless you're invited. And I snuck in and I was sitting there, like, just trying to like act like no one knew who I was…and like literally I was just staring at Mike (Michael Jordan). And like Michael had like this unbelievable focus, right? It was like I wasn't even there. It's like he was in his own space, and you know, the more I've learned on the mental side of it is like he did, he was in his own space. He was in his comfortable zone and he wasn't focused on, like, I couldn't get him out of that. And I think that goes too high performance, ability to maintain focus, and to coach Jackson's ability to train that.” “The one thing that I provide for them (his players) is simplicity so they can figure out who they are within a team structure.” “I've been on that pursuit for my whole life, like how do I become a better human, you know, and that was why I reached out to Ryan Holiday because his stuff with stoicism, The Daily Stoic, The Daily Dad, have really impacted my life.” “You know, I think as a teammate, I noticed immediately he was vicious, just absolutely vicious. And that's who he was, that's how he lived, it was 100% focus. I think watching The Muse that he came out with, you can see there's just this, almost like an animal, animalistic drive to just compete, get better, find a way. Like, you go read his book, which I've read…he talks about studying animals and studying the black mamba. I think for me when I was younger, I was like this is ridiculous…but as I've gotten older, I’m like wow, this stuff does apply there. There's a lot of, I mean, we are animals at the core.” “Once you can trust me, or I can trust you to hold you accountable at a really, really difficult, uncomfortable level, then then we can start growing together. We can start being more than the sum of our parts.”
The Just Talk Podcast is back and George is back with a new format. On today's episode George's Sports segment breaks gives his power ranking on the 14 Quarterbacks left in the NFL playoffs and explains what is at stake for each one of those Quarterbacks. During the Seattle segment George ranks who he thinks would be the 5 best ownership groups to bring the Seattle Sonics home with a $1.5 billion dollar expansion fee. During the interview/storytime segment; George uses it for Storytime as he explains what it's like to travel during a global pandemic in a three part series beginning with the first portion of his trip to Tulum, Mexico. George then breaks fown the lyrics to "Holy" by Justin Beiber and Chance The Rapper during his lyrical "analysis" segment. And finally George reacts to the Tottenham Hotspurs defeat of Brentford to reach the finals of the Carabo Cup in England in his quick take Tottenham segment. Follow George Jarjour on Instagram and Twitter Follow Just Talk Pod On Instagram and Twitter This episode is always brought to you by The Sports On Tap Network
Will Chiarucci & Shawn Thomas talk to the voice of the Portland TrailBlazers, Seattle Sonics and NBA On ESPN Radio commentator Kevin Calabro. The trio talks about how Calabro got started up in broadcasting, give his take on the upcoming 2020-21 NBA season, the Giannis Antetokounmpo mega deal with the Milwaukee Bucks, some of his favorite moments and much more. Follow Kevin Calabro on Twitter (@kevincalabro). This episode was recorded on December 15th, 2020.
Get ready for a deep dive into the history of Dillanos Coffee Roasters through the eyes of its founder, David J. Morris. The Coffee Maverick himself is taking us back in time to the days of half-time shows for the Seattle Sonics, outdoor coffee carts, and sleeping on the floor of their first roastery. Today, Dillanos is a leader in the coffee industry, but the road to success wasn't paved in Geisha varietal espresso grounds. Listen in on how David's personal growth through the years has impacted the company's evolution from a ground floor start-up to the award-winning brand it is today. The soul of this company was borne from vision and passion and a hunch that coffee was gonna be a big deal--but don't call it luck. Ask David and he'll tell you, "hard work makes the luck." David's advice to current and aspiring entrepreneurs is to figure out what you're good at and stay in that lane. DCR Coffee remains a shining example of what entrepreneurs know to be true: build a business that solves your own problem and chances are it'll solve one for someone else too. The core of Dillanos remains the same from those early days: a passion for industry-defining coffees, a commitment to supporting customers in all areas of their business, and an uncompromising focus on company culture. Hear behind the scenes stories about the rigorous and unconventional hiring process, what it was like to grow a business as co-CEOs with his brother, and how David ended up with a tattoo of Evel Knievel's signature on his arm. We hope you enjoy this candid interview of David J. Morris, co-CEO and founder of Dillanos Coffee Roasters, by our friend Chris Deferio over at Keys to the Shop. Chris has been talking to the who's who in coffee since 2018, continuing to invest in our collective knowledge as entrepreneurs, managers, and coffee retailers. Chris offers consulting for those looking for a professional guidance in their quest to build a solid, thriving shop. ---- Find Coffee Maverick here: Facebook: @thecoffeemaverick Instagram: @coffeemaverick Twitter: @coffeemaverick Web: www.Dillanos.com
We have an amazing guest for you all today that goes well beyond basketball. We have former NBA Allstar James Donaldson in the house for an episode that will not only inspire you, but also speaks to those of us who may be going through something in our everyday lives. Donaldson shares his incredible journey in basketball, but also shares some personal life experiences that will truly help remind us of the importance of mental health awareness and the gift of life. Donaldson’s basketball journey is far different than any guest’s we have had. He didn’t even begin to start playing basketball until his later high school years. He played 4 years at Washington State University where he continued to work hard and develop as basketball player. His work paid off where he saw meaningful minutes once his Junior season hit, and was on the NBA radar by the time he finished his college career. Donaldson was drafted in the 4th round of 1979 NBA Draft by the Seattle Supersonics. He went on to have a long and successful professional career in both the NBA and Overseas, which included an Allstar appearance in 1988 during his amazing run with the Dallas Mavericks. Our time with Donaldson was truly one of the most memorable experiences we have ever had. The basketball stories are great, but everything that he has done and continues to do for others off the court is even more impressive. The topics we covered after the basketball talk are important ones and we can’t thank him enough for sharing his time with us. We know you will enjoy the stories and laughs, but we also know that we will all gain so much more beyond hoops. It is a reminder of mental health awareness and our value in life. Thank You James Donaldson!Please check out and support the Your Gift of Life Foundation at Yourgiftoflife.orgAlso his book "Standing Above The Crowd"
The Dan's are joined by the Make-A-Wish Mamba himself, Tommy, as we check tape on game 7 of the 1993 NBA Western Conference Championship between Shawn Kemp, Gary Payton and the Seattle Sonics and the Charles Barkley, Dan Majerle and Kevin Johnson Phoenix Suns team. We wrap it up with a whole bunch of Staten Island politics.
Adam Lefkoe host of Bleacher Reports Lefkoe Show joins Joe to dive into Russell Wilson finally getting the respect he deserves, the Seahawks defensive struggles, and the Titans COVID-19 outbreak and it's impact on the NFL.1:40 Joe on Seahawks vs Cowboys9:30 Why Russell Wilson is in the spotlight14:00 NFL fans will always be divided17:00 Titans COVID-19 outbreak24:00 NBA on TNT28:00 Seattle Sonics
Our 2nd Marquette alumni is on the podcast today! Jim McIlvaine joins us on our 60th episode and shares so many great stories about his AAU, High School, College and NBA playing days. McIlvaine is truly one of the most underrated rim protectors of his time. He is the ALL-TIME leading shot blocker in Marquette basketball history and its not even close! His 399 erased shots is well ahead of second ranked Amal McCaskill with 175 blocks. McIlvaine was the NABC Defensive Player of the Year and Great Midwest Player of the Year in his final college season. The Washington Bullets selected McIlvaine with the 32nd pick in 1994 NBA Draft. He spent some time with the Seattle Sonics before ending his career with the New Jersey Nets. Jim shares so much great information about the business side of the NBA and has great insight about the professional life that the casual basketball fan might not stop to think about. He is truly one of the most genuine and open guests that we have had on this show and we couldn’t get enough of him. He also has a podcast called “Marq’d Men” if you can’t get enough of him either. Enjoy!
John & Adriane interview Mike Rohrbach, team chaplain for University of Washington Men's Basketball, former team chaplain for UW Football and Seattle Sonics, and former Husky football player. Mike shares his heart around his Run to Win organization and his desire to make a difference in the lives of kids, athletes, and coaches. His commitment to living out his purpose is inspiring!
We split up todays show to pay tribute to the great Wes Unseld. Wes Unseld was an amazing undersized center known for his toughness, rebounding, leadership, outlet passes, and kindness. He meant so much to the NBA, the DC area, and touched many lives. We also dive into the NBA season FINALLY resuming, specific start dates, what to expect, hot takes, and more!Enjoy!
The Last Dance from ESPN captivated basketball fans around the country for five straight weeks. One of Mike Wise's guests was legendary coach George Karl, whose Seattle Sonics faced MJ's Bulls in the 1996 NBA Finals. George also was a fellow North Carolina Tar Heel and he describes how Michael's basketball career was nurtured at UNC under Hall of Fame coach Dean Smith.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Kevin Calabro, the pxp voice of the Seattle Sonics, gets into Seattle's run in the 90s and its final series with the Bulls. Kevin still feels the NBA could have found an owner for the Sonics, but wasn't willing to wait that long
Bob, Dave and Jim discuss all the Seattle Sonics ties in the most recent episodes of the Michael Jordan Documentary the Last Dance, they discuss how some of the first fanless sporting events in the UFC went, and they ask if Russell Wilson still underappreciated.
Two Brits, One Orange Ball hosts review episode seven and eight of the new Michael Jordan documentary, The Last Dance - released in the UK earlier today. - Reaction to the revelations about Jordan's father's death, how he coped with it and the media coverage around that time - Thoughts on what led Jordan to retirement in the 93-94 season - Jordan's tenure as a baseball player for the Birmingham Barons - Was Jordan's win at all costs mentally the right approach and detrimental to his teammates? - Should we view Scottie Pippen in a different light due to his actions against the Knicks, refusing to come on the court? - Thoughts on Jordan's ability to bounce back from adversity and his hell bent desire to win - Jordan's return to basketball culminating in championship success against the Seattle Sonics on father's day
The guys kick off a new series, 'Back To The Future', where take an in-depth look at select NBA players and teams from the past to see where they would fit in today's game. In this episode, Dexter and Bryan take a look at Andre Miller, Shawn Kemp, Peja Stojaković and the 1995-96 Seattle Supersonics!0:28 Mental awareness check-in3:39 Back To The Future rules 4:09 How would peak Andre Miller fit in today's NBA?17:00 Would Shawn Kemp be able to exist today? 32:40 Could peak Peja Stojakovic be a top 10 player today for a sustainable period?52:32 Would a modernized 95-96 Seattle Sonics compete with today's Lakers & Clippers?For 'Ain't Hard To Tell Podcast' listeners, Audible is offering a free audiobook download with a free 30-day trial to give you the opportunity to check out their service.To download your free audiobook today go to http://www.audibletrial.com/AHTTWe would love to hear your feedback on the podcast as you help us grow. Take a short anonymous survey at the link below:https://www.surveymonkey.com/r/SK35QCGFor exclusive Ain't Hard To Tell Podcast content and perks become a patron for as little as $3 a month:https://www.patreon.com/rss/BackpackBroadcasting See acast.com/privacy for privacy and opt-out information.
Cowboys QB Dak Prescott’s Irresponsible Easter PartyNASCAR Driver Suspended For Using N Word12 Year Anniversary Of Seattle Sonics TheftWNBA Draft NBA Plans 25 Day Start UpFormer Seahawk QB Tavaris Jackson Dies in Car CrashAnd, more...
Mike Thibault, Adding The 3-Point Shoot To Your Offense Guest: Mike Thibault, WNBA Championship Head Coach In this week’s basketball coaching conversation, WNBA championship head coach Mike Thibault joins the Basketball Podcast to discuss adding the 3-point shot to your offense. Thibault is the WNBA's all-time winningest coach and a WNBA champion after winning the title in 2019. Mike Thibault was named the head coach/general manager of the Washington Mystics on December 18, 2012. Following the 2013 season, his first season with Washington, Thibault earned his third WNBA Coach of the Year recognition. The winningest coach in WNBA history, Thibault led Washington to three consecutive postseason appearances (2013-2015) and in 2017, past the first round of the playoffs for the first time in 15 years. Prior to joining the Mystics, Thibault was the head coach of the Connecticut Sun where he was twice named WNBA Coach of the Year (2006, 2008) and led the team to eight playoff appearances and two WNBA Finals. He set numerous milestones during his time with the Sun, including becoming the second coach in WNBA history to reach 200 wins, the third-fastest coach in league history to reach 100 wins (doing so in 159 games) and the fourth WNBA head coach to work at least 300 regular-season games. From 2003 through 2008, Thibault and the Connecticut Sun won 127 regular-season games, tying with the Detroit Shock for the most victories during that six-year span. The Sun was one of two teams to have six consecutive winning seasons. Connecticut posted consecutive 26-8 records in 2005 and 2006, which are still the best regular-season results for an Eastern Conference team. Thibault joined the professional coaching ranks in 1978 as a scout for the Los Angeles Lakers and was quickly promoted to Director of Scouting and assistant coach in 1980. During his tenure with the Lakers, the team won two NBA Championships. From 1982-1986, he served as the Director of Player Personnel and assistant coach for the Chicago Bulls when the organization selected Michael Jordan, Charles Oakley and traded for John Paxson. Thibault was also scout for the Seattle Sonics and immediately prior to joining the Sun in 2003, he was an assistant coach with the Milwaukee Bucks for four seasons. Breakdown 1:00 - Early Experiences in the NBA 3:00 - Dominance on offense 5:00 - The Outlier 7:30 - Shooting More Threes 9:00 - Evaluating Shot Selections 11:00 - Long Twos and Kick Out 13:00 - Changes Within the System 15:30 - Off The Ball Cutting 17:30 - Emphasizing Shooting More Threes 20:00 - Individual Development 21:00 - The Value of Honesty for Players 23:30 - Maximizing Time as a Coach 28:00 - Impression of Practice 30:00 - Film Session 32:00 - Insights When Breaking Down Film 36:00 - Developing the Best Players 39:30 - Important Stats He's been Tracking in 41:00 - Advice to Coaches Mike Thibault’s Bio Website: https://en.wikipedia.org/wiki/Mike_Thibault Twitter: https://twitter.com/coachthibault Basketball Immersion Website: http://basketballimmersion.com/ Twitter: https://twitter.com/bballimmersion?lang=en YouTube: https://www.youtube.com/user/basketballimmersion Facebook: https://facebook.com/basketballimmersion
What would the NFL be without official Phil Luckett? Clint Capela was dealt in a four-team trade but what does that have to do with the Seattle Sonics, Puck will explain!
MC/DJ combination - Shubzilla and Bill Beats return to BFTE in order to speak on their latest album "The Kong Quest", Seattle Sonics, disco, nerdcore, Star Wars, Starbucks, and lots of other good stuff! C.O.W. + Masia One - General Ling Power Struggle - KKKops Shubzilla & Bill Beats - Cut Em Off talk Shubzilla & Bill Beats - Sleep talk Shubzilla & Bill Beats - Carpool Lane (ft. Kadesh Flow, MC Ohm-I, Creative Mind Frame)
It’s the conversation we’re all having. Seattle is a tech city. Whether you like it or not technology is here to stay. And with it comes higher cost of living, beautiful new buildings and more people. On today’s episode Tyler sits down with Paul Peterman, the Regional President of Compass. Compass is a heavily funded real estate startup that just opened its tech center in Amazon's SLU neighborhood. Paul has spent his career helping companies innovate and reach their full potential. From beginning his career with the Seattle Sonics to leading the Technology & Connectivity team at Facebook for over 8 years while helping them grow their Seattle presence. Paul has since taken the role of Regional President for Compass Washington to lead the mission of helping everyone find their place in the NW. We talk about the Seattle technology culture and why Compass chose Seattle as it’s West Coast Engineering hub. Paul also shares a few stories of his time at Facebook with Mark Zuckerberg and where he sees the future of the social media giant.
On the 40th anniversary of the Seattle SuperSonics winning their only NBA championship, a two-part series looks back with the help of key players and coach Lenny Wilkens. If you missed it, listen to part one of the series here. … Continue reading →
On the 40th anniversary of the Seattle SuperSonics winning their only NBA championship, a two-part series looks back with the help of coach Lenny Wilkens and players Fred Brown, Jack Sikma and Wally Walker. DOWNLOAD/STREAM THE FABULOUS PELTONCAST View on … Continue reading →
3/13/19 On this very special edition of the Follow Through with Clipps & Drew - the boys host Special Guest, former NBA Player, Jelani McCoy! In Part 1 of the two-part podcast, Clipps & Drew go through Jelani's journey from McDonald's All-American to UCLA to being drafted & playing for the Seattle Sonics! Jelani's fascinating story and the boys round-table conversation spans the last couple decades of college and NBA basketball - stay tuned for Part 2 coming soon! --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app (https://anchor.fm/s/1743334/podcast/sponsor/acugkf/url/https%3A%2F%2Fanchor.fm%2Fapp) Learn more about your ad choices. Visit megaphone.fm/adchoices
On the latest Women’s Hoops And Talks (W.H.A.T.) podcast Tara and Cassidy get to know one of the newest Blazer’s Edge writers, Lindsay Hostetler (also known as Corvallis Foodie on Twitter). She talks about what it was like growing up a Seattle Sonics fan in a small Washington town, how she became a fan of the Blazers and what she likes about writing about the team. Then we all chime in about what we will be watching for from the Trail Blazers as they close out the regular season. How will the ball move? Will they play some, a lot, or just enough defense? Finally, we speculate about some of the front runners in the Western Conference. Will Denver suffer in the playoffs due to lack of playoff experience? What could we learn about Damian Lillard by watching Chris Paul, and is this really it for the San Antonio Spurs? Follow Blazer’s Edge on Twitter @blazersedge, WHAT Pod @HoopsAndTalks, Tara @tcbbiggs, and Cassidy @CassidyGemmet. This week’s guest: @corvallisonian Women’s Hoops And Talks (W.H.A.T.)Join the Women’s Hoops And Talks Facebook group to talk about Trail Blazers with others who identify as women who love basketball. Music used in the episode: "Happy Alley" Kevin MacLeod (incompetech.com) Licensed under Creative Commons: By Attribution 3.0 License Learn more about your ad choices. Visit megaphone.fm/adchoices
Noah and Adam are joined by former NBA head coach George Karl as they discuss the recent news about Tim Donaghy fixing games as an official, his coaching mentor the great Dean Smith, coaching Gary Payton & Nate McMillan, shedding tears when the Sonics left Seattle and more!
It’s time for Toby Mathis and Jeff Webb of Anderson Advisors to answer your questions about taxes, the IRS, and much more. Do you have a tax question for them? Submit it to Webinar@andersonadvisors.com. Highlights/Topics: What is Nexus? Why do I care? Nexus is a state’s right to tax your income; different types (tax and physical), state laws, and throwback rule - how they affect you Does IRS reimburse me for corporate expenses? Misconception about reimbursement from the client’s company or IRS; IRS doesn’t give you money, but let’s you write it off How do I qualify for a real estate professional status? Requires 750 hours as #1 use of personal professional time; know importance of passive activity loss and logging time What are self-dealing rules for non-profits, IRAs, QRPs? Particular entities can’t interact with a disqualified person - can’t sell them anything; but self-dealing exceptions exist Am I dealer or investor? What’s the difference? Investor is passively involved, dealer is actively buying/selling real estate; can depend on the intent and timeframe Why set up an LLC that does flipping as a C or S Corp instead of a partnership? Because it’s taxed as ordinary income and subject to self-employment tax What is UBIT? Unrelated business income tax is when a plan/non-profit isn’t doing what it’s set up to do; can have passive activity until it competes with active businesses I hold rental property in a self-directed IRA. What can I do? There’s things you can/can’t do, especially add value to a property, so find a property manager and IRA custodian My wife’s previous employer’s stock options were exercised and have peaked. If we cash in, what’ll be the tax consequences/burden? Long-term capital gain and opportunity zone I’m helping a friend with a crowdfunding project. What are tax consequences with no deductions? Does he pay tax on donated money? No tax for less than $15,000 per donor How to aggregate all properties? Disadvantages? Election form that your print with your tax return to identify properties; doesn’t free up large losses tied up If real estate investing part time, are you considered a part-time investor? You’d be a part-time investor, not real estate professional; determining factor is to document time How do I get the 501(c)(3) tax-exempt? Use the 1023 application How do you create an LLC in an IRA? IRA custodian enters into a contract with a company to create an LLC, or set up a 401(k) to roll the IRA into it without a custodian Investing in LLC for holding rental property. How do you avail to a 1031 exchange? Need a 1031 exchange facilitator and LLC must buy or sell the next property within 180 days If I receive social security benefits at 62 and not currently employed, but do receive interest income. Will it affect my SS benefits? Can be isolated into its own taxable entity My wife and I are the only shareholders and both take a ⅓ salary. Is that the right amount? You should take a ⅓ of the net profit as salary instead How do you put an LLC on hold? Do nothing with it or pay the state; file non-activity return Will real estate holding LLC taxes partnership qualify for 20% pass-through deduction? Yes, if not triple net property For all questions/answers discussed, sign up to be a Platinum member to view the replay! Resources Anderson Advisors Tax and Asset Prevention Event Toby Mathis Anderson Advisors U.S. Supreme Court Reverses Long Standing Law On Collection Of Sales Taxes Northwest Energetic Services LLC vs. California Franchise Tax Board Throwback Rule SALT Limit After 24 years, wealthy inventor gets his day in tax court – and wins 10 Tax Deductions That Will Disappear Next Year Passive Activity Losses - Real Estate Tax Tips Real Estate Professional Status - Becoming More Important - Very Hard To Prove Acts of self-dealing by private foundation Unrelated Business Income Tax Opportunity Zones Frequently Asked Questions About Form 1099-INT | Internal Revenue Service Exemption Requirements - 501(c)(3) Organizations Form 1023 Taxbot MileIQ Tax Cuts and Jobs Act, Provision 11 011 Section 199A - Qualified Business Income Deduction FAQs Full Episode Transcript Toby: Alright, welcome to Tax Tuesday, this is Toby Mathis joined by our tax manager Jeff Webb. Jeff: How do you do? Toby: We're going to get jumping on here. We're just going to jump right in. no time like the present to just get business done. So first off, happy Tuesday. Second off, let's jump into a bunch of questions that are giving us a steady feed from folks even before we got started. I'm sure I'll be more happy than to answer your questions. I also got emails in from folks that I may be trying to make sure I answer all of those and we'll just make sure that we're getting through each and every question to the extent humanly possible within this hour. So the first one is, what is Nexus and why do I care. Second one is going to be, does the IRS reimburse me for my corporate expenses. Third one is, how do I qualify for real estate professionals, technically real estate professional status. What are self doing rules for nonprofits in QRPs. I'm going to throw in IRAs in there as well. Am I a dealer or an investor, what difference does it make. Those are the ones that we're going to hit one after the other in succession. I'm making sure that we're getting through these. So the first one is, what is nexus and why do I care. Jeff, do you want to hit tax nexus because there's different types of nexus. There's physical presence for lawsuits and there's tax nexus for taxation. I'm going to have Jeff hit the tax and then I'll touch base on the physical nexus. Jeff: So when we're talking about tax nexus what we're primarily talking about is a state's right to tax you on your income. For example, you may live in Nevada, have a rental property in California. California has a right to tax any income on that property because you're doing business within California. There are different roles, there have been numerous cases on nexus. Toby: Most recently, our Supreme Court reversed a physical presence test that the error that Amazon, everybody that was an online retailer use to avoid state sales tax and that was just changed. Jeff: Yeah, on that one in particular the Supreme Court as Toby said, gave the states the right to tax online sales in their states. The thing is, the states now have to write tax walls to accomplish this. Most of the states don't have anything that accomplishes this. Toby: A lot of times, ignorance is bliss. People would avoid sales tax like for example, I live in Washington, Florida, Oregon and avoid the sales tax and they ignored Washington's use tax. A lot of states have this. You don't pay sales tax and you go someplace where there is no sales tax, you still owe sales tax on it but they call it use tax because you brought the physical item into your state and you never paid sales tax on it. So then they would say, "Aha." And the really interesting thing – there were actually some interesting cases that were popping up from the nexus, ones that came out of Washington, was Northwest Energetic Services too and that was a case in California where they tried to tax an organization that was registered to do business there that didn't actually do any business in California but they wanted to tax its worldwide revenue. The franchise tax board of the board of equalization lost that one and they had a few others but what you'll find is that this is a continuously active in generating area of tax law and we tend to fall into the category of ask for forgiveness not for permission all the time because if you ask a state whether you should be paying tax, they will gladly say yes even if it's not a legitimate tax. They'll tell you that you have to pay it even though it's made to be unconstitutional, unlawful, you fill in the blank. Even if you don't owe it, they'll oftentimes just answer, "Yes, of course you should." They can't actually be giving you any tax advice anyway so it's the wrong party to be asking. I'm sure Jeff you get to deal with that more than I do. Jeff: Yeah, in a state like California, it used to be an old joke for the CPA's that you could be flying over the state of California, make enough business phone call and California would want to so you have nexus and we can now tax you. They're also a state that's very difficult to leave if you're a resident. We had a case where somebody, NBA player for the Sacramento Kings was traded to Seattle Sonics and moved there. Toby: Yeah, now the Oklahoma City Thunder, I was there when they move, horrible. Jeff: The state of California wanted to say, "No, you're still resident of California, we're still going to be taxing you because you got friends here and you have club ownership, some relationships. California in particular is very tenacious with Nexus. Toby: Yeah, so you're going to see things evolving over the next few years since the Supreme Court decision was literally this last, I think it was just months ago or end of the year last year. You're going to see the states trying to fill in the blanks. So you have some states for example in drop shipping, Pennsylvania would tax you if you drop ship out of their state where it used to not be, other states did before. We were talking earlier before the webinar, Jeff and I were talking about what is like a claw back. Jeff: Yeah, it's called a throwback rule that says if your sales into a state that doesn't have taxes then where it got shipped from can tax instead. Toby: Somebody's asked, what are the worst three states for nexus. It really depends on what you're doing, but I would say just off the top of my head probably New York, Connecticut and California. They're pretty heinous. Look at the states that just filed a lawsuit against the federal government under the SALT limitation which is the State and Local Tax Limitation. You'll see I think there was four states Maryland was one of them, where they try to hit you with so many different taxes. It's not just business, it's on your personal as well. It's just for nexus, for a person, it's really easy to figure out, "Hey, where do you live?" Because when I say it's easy, it can be difficult if you have two residences that you spend time with equally. They're going to add up things like how much utility you use, where your driver's license is. Where your kids go to school, where your vehicles are registered, you're going to look at those types of things. There's Hyatt v. Commissioner Case or what was it, Hyatt versus board of equalization I think is actually what it was. Where a gentleman moved to Nevada and the California franchise tax board sent agents to Nevada they climbed to his garage and break into his apartment to prove that he was actually residing more in California than he was in Nevada because his tax bill would've been so great and when they got caught, they said they're immune. Our Supreme Court and Scully I remember the opinion was scathing on them saying, "No, you're immune in your jurisdiction. When you cross the state lines, don't expect any immunity." They just harassed that poor guy. They were climbing around his house. So let's just narrow it down though. You asked a question what is nexus. There's two sides, there's tax nexus and then there's physical nexus. In the physical nexus again where you reside, it's pretty easy. If you live there, then you have a physical nexus in that state, it's where you have a house. In the business it's no different. In a business, you have to decide where it's going to have its main presence and the courts have held having a bare office and nothing more isn't going to be sufficient. You actually have to do something there. That's when you actually have to have a physical office space. We use virtual office where it's doing more than just maintaining a registered agent. There we're actually giving conference facilities, phone answering, we'll do document prep and things like that for the governance of the company so the company can actually have a physical presence. The reason that you do that is to make sure it has a home. So if somebody's coming after one of its shareholders or members, one of its owners that it does not draw that entity into the state where they're located. So, if I have owners in a company and I have my company set up in Wyoming and they sue me in Nevada and they sue somebody else in Texas and somebody else in Florida, you don't have a choice between the Nevada, Texas and Florida where the shareholder or where the members of the LLC are located, they would actually have to go to Wyoming where the actual entity is located. That's what you're trying to do. So if Anderson does my meeting notes, that's why that's important. We're not talking about Canadian, US the nexus pass. I could tell you a fun one. We had a client that just got nailed by California. It's actually under the FBAR which is Foreign Bank Account Regulations. They had some interest on a bank account that was there for a condo they had in Whistler and they sold the condo in Whistler and they didn't report, I think it was like $70 or $76 worth of interest. Jeff do you know these off the top of your head? How much the penalty is? Jeff: No. Toby: If the IRS catches you, it's 50% of the account balance per year. But if you go under amnesty which they have taken an amnesty was a $38,000 fine which they paid for that $76. Canada is still offshore. Anyway, so what is nexus and why do I care. It gets a little convoluted but the reason you care is you don't want to draw your company into your state, you want to make it very difficult for somebody to get a hold of your assets if they're coming after you. From a tax standpoint, it matters because we want to keep our business activities to the extent possible in the lowest taxing jurisdiction as humanly possible. So that's that one. Jeff this is one of your favorites, I know. Does the IRS reimburse me for my corporate expenses? Jeff: Of course they do. IRS is really giving out money. We get this question more often than you would think. I think it's a misconception that clients are being told that their companies can reimburse them for certain expenses which will reduce our taxes and sometimes the clients are hearing IRS is going to reimburse us. The only time you get back money from IRS is if you pay money into IRS for taxes and you don't owe them any tax or maybe overpaid them. Toby: Yeah. IRS is a policing agency. Your taxes when you pay it, they don't even go to the IRS, it goes to the US treasury. So the IRS is merely, pay my boss, is all they are. So they don't give any money out whatsoever so the IRS does not reimburse you for your corporate expenses. What the IRS does is it enforced the laws which is the United States code and issues regulations interpreting that code and is basically the enforcement arm for the US department of treasury. What ends up happening for corporation is they're allowed to reimburse shareholders many expenses that are not included on the shareholder's personal tax returns. So it sometimes seems like they're giving you money when in all reality, they're allowing you to not pay tax on your expenses which is always the battle because there's lots of rules out there that say things are not deductible. Nothing more telling them what we just had happened in this tax change where they eliminated all miscellaneous itemized deductions. All of them are gone in case you've been sleeping. In 2018, you do not get to write them off anymore. Jeff: Now that's your union dues, your tax preparation fees. Toby: Any unreimbursed business expense if you're a teacher and you're providing stuff for your classroom, you don't get to write it off. Jeff: If you're paying substantial amounts to your broker for advisory fees. Toby: That's a huge one. We're going to see that one come back and bite people in their touché. Jeff: That's no longer deductible. Toby: So it's horrible. So no, the IRS does not reimburse you for your corporate expenses. Your corporation reimburses you for your corporate expenses and the IRS lets you write it off. How do I qualify for real estate professional status. Jeff do you want to play with this one or do you want me to handle it? Jeff: I'll do a little and then you can correct me. So real estate professional has a hours commitment. I believe it's 750 hours a year. Toby: So it's a minimum of 750 hours. There's a second part to that too, you know that. Jeff: And the 750 hours can be earned by you or your spouse. What's your second one? Toby: The second one is it has to be the number one use of your personal professional time. Jeff: Oh, correct. Toby: The way I always explain this is if you did 1001 hours doing bicycle repair and you did 1000 hours of real estate, you do not qualify as a real estate professional. But if it's reversed and you did 1000 hours of bicycle repair you did 1001 hours of real estate activities, then you do. And the reason this is important is because ordinarily, your real estate expenses are offset your real estate income and you can only take losses from real estate. In other words, the excess depreciation, or repairs, or whatever, your losses are limited to $3000 a year against your other active income. So that's called the passive activity loss rule. Jeff: $25,000. Toby: If you materially participate and then you have $100,000 to $150,000 scale up. There's some little nuances which don't bring your head with. At the end of the day, there are restrictions on taking passive activity loss. Real estate professional status removes that restriction. The other thing that's really important about real estate professional status is it is per property. So if you have three properties, you'd have to meet it for each of the three unless you elect to aggregate all your properties on your tax return. We have seen this missed by accountants who don't do real estate. They don't aggregate and there are actually cases on the book where people had to fight and they literally had tons of properties they easily met the 750 if you aggregate it but their accountants miss the aggregation election. Jeff: And the sum of 750 hours is not just for your rental properties. Toby: Any real estate. Jeff: Any real estate activity. Toby: Yeah. Jeff was actually right when he said your spouse could qualify, either you or your spouse if you're filing jointly. Jeff: So if you have a full time job and you're getting a W2, I can guarantee you that you will not legally qualify. Under audit, you're going to lose. However, if you have a full time job and your wife does not or your husband does not, they can qualify to be that real estate professional. Toby: We had a fun one. A good friend of ours and a colleague in Georgia was making somewhere between $2 million and $3 million a year in his professional practice. His wife qualified as a real estate professional and he quite literally bought enough commercial property and did something called cost segregation where you're rapidly depreciating it where he generated enough loss off the real estate to offset his income. The IRS audited it, he is self represented because he knew the rule. It withheld, he stood up. His wife just did their real estate activities and he did their practice and at the end of the day, she met the requirement for the real estate professional status and the rule is pretty straightforward. IRS didn’t like the outcome but that's not their job. So they picked a fight and lost the audit which is not uncommon. All right, so how do I qualify for a real estate professional. Keep a log of your time and make sure that you're aggregating all of your real estate activities. Even if it's for a closely held company, it's still going to match, it's still going to work. Next one, what are the self dealing rules for nonprofits in QRPs. I'm going to add in there IRAs as well since when we talk about a qualified retirement plan, we're really talking about 401K and 401A. This is going to dovetail in with one of our other questions that came in off the internet as well. But here's how it works. If you are in a particular type of entity where it says you cannot interact and engage in business with a disqualified person, you could not sell them a $1 million building for $1. It is an absolute prohibition against self dealing. The most important first step is determining whether or not you're within one of those rules. Then if you are, then you look and say are there any exceptions to that rule. So for nonprofits, nonprofits are going to fall into broad categories foundations, private foundations are one. These are nonprofits that aggregate money and give money to other nonprofits, they don't do anything. And in that one, you have an absolute bar from self dealing. The next one is an operating nonprofit that is doing something and in that case, you just have to use arm's length transactions. So we look at that, that's our step number one. So let's go back to the first one, private foundations then you look and say, are there any exceptions. The only exception is reasonable compensation, it can always be reasonably compensated. But other than that, no more transactions. So for nonprofits 501(c)(3) you can enter into transactions as long as it's an operating nonprofit. It can give you benefits, it can pay you and it can engage in sales and other transactions between you and the agencies so long as they are arm's length. And the way you make sure it is arm's length is you have non-interested parties looking at it saying, "Hey, that looks okay to me." somebody who doesn't have a dog in the fight. Now we go to QRPs and IRAs. In either one of those, you have absolute prohibitions against self dealing with disqualified parties and disqualified parties are lineal descendants which would be grandparents, children and their spouses, great children and their spouses. It does not include your siblings. So what's interesting is you could actually engage in transactions with your IRA for example, loan money to your brother. You cannot loan money to your mother. You could not loan money to your kids or your grandkids, you could not do a second on their house, you could not do anything between the company. You could not buy a house from them. That is an absolute bar that's called, disqualified party. Jeff: The way I kind of look at it as to whether you may be violating self dealing rules is, are you benefitting from a transaction between you and the nonprofit or the QRP or the IRA. That's really what they're out to prevent. And unfortunately the rules are pretty severe for violations of the self dealing. Toby: If you self-deal, you're just going to disqualify your IRA. If you're using a QRP and you're using a 401K, then we have different rules, and in that particular case, it would just disqualify the money that you actually were utilizing. Their far more lenient. Jeff: I had a client who had a QRP, it was actually defined benefit plan, who had a required minimum distribution to make and the plan was not funded at the time. The client had to make a loan to the QRP, which is a self-dealing but unfortunately there's an exception for that that one was quickly repaid. There was no profit or interest earned on it. Toby: Was it within the 60 days? Jeff: I believe it was within 60 days. Toby: There's some more fun stuff. Then we go into the 401Ks and this is where you get into people acting on behalf of the company. I know that there were some questions, that were already posed in the chat feature here. You're not supposed to be getting any personal benefit or using those funds at all when you have an IRA or a 401K. In an IRA, it's much more severe because you have a custodian. So if a renter for example is paying you money and they pay it to you individually, technically you have a violation of the self dealing rules because you just received money. Even if you go ahead and put it right back in the IRA, you're going to have an issue because technically you weren't supposed to receive the money, the custodian was supposed to be receiving the money. So you should actually have rental money going to your custodian if you’re using an IRA. If you’re using a 401K or 401A, which the profit sharing plan or 401K, then you are the trustee and you're able to accept the money and endorse it right into the account and make sure that the money goes to the right place. IRA's are a little more difficult. To get around this, a lot of people with IRA's will set up an LLC which you can be the manager of. Actually, the IRA is technically the member— you're in non compensated role and we have to make sure that the LLC agreement says that if we drafted it, then we make sure that we're putting in the non-prohibitionals. You cannot personally benefit from these activities. It has to all go back to the retirement plan. People will do the LLC and they will be all right, now I can go ahead and accept the funds through the LLC, that's how they do with an IRA. If you're doing with the 401K, we're going to suggest that you still set up an LLC anytime you have real estate, just because we don't want the liability to flow through to you. But there, now, you don't need the custodian. You could technically do it inside the 401K directly though you should still have the LLC and it's the same scenario where you're able to accept the proceeds. That's not going to be a technical violation because you're acting on behalf of the plan. And that is not a violation of the self dealing rules. So the biggest takeaway from all this, is that you can act on behalf of the plan. The second a just qualified person starts to get personal benefit, you have violated the rules and if it's an IRA, the whole thing is violating—considered a taxable event, which should be that 10% penalty plus income tax on it for the entire amount if it's at 401K or 401A, it would just be the portion that you violated. We tend to be very bullish on using 401Ks and 401A's, profit sharing plans around here also known as QRP. And this is why, because they're far more forgiving and they have a less moving pieces. I hope that explains that. We're going to have—I know there's a couple more questions that are in here, that are going to be relevant to this section as well. Let me jump on to something. The questions, this is something you can ask detailed questions via our email. I will answer them, Jeff or Tony, whoever's from the tax department here. We will answer these on the tax Tuesday. We will also more likely be responding back out to you directly as well because we want to make sure you get your questions answered, but just jot down that address, webinar@andersonadvisors.com and feel free to shoot them in. Since our last one, Tax Tuesday, we had a couple of questions and I want to go through these. Number one was from Karen out of Alaska, "I have a revocable trust in Alaska that owns and sells real property, does the trust to pay income taxes on the profit or does the profit end up on my personal tax return? Is it taxed at the same rate as everything else? So the most important word she used in her question was revocable, because trust come in two flavors, revocable are irrevocable. If they're irrevocable, then we have two choices, we don't have to worry about the irrevocable.. Since it's revocable, it's a grand tour trust is ignored, it's you, for tax purposes until your dead. So you're good, sorry, sometimes I'm blunt. So if you're buying and selling real estate, real property it's taxed no differently than if you're on the real property. Now here's the rub, it also gives you know asset protection. So revocable trust is giving you know asset protection with that real property, so I would really strongly suggest that the revocable trust actually be the owner of an LLC that is buying and selling the real estate and depending on how quickly you are turning this, will depend on whether that say, S or a C-Corp., if it's a flip versus if it is a long-term holds, then we just put it as an LLC. It would either be disregarded or taxed as a partnership. We want it to flow under our return. Those are kind of our choices. There was a question, I don't know if I got to that. I'm going to skip back to our slides. There's something about—Am I a dealer or an investor? So I want to make sure that I'm getting this one right here. Because this is relevant to one of these questions. A dealer and an investor is something that we talk about in real estate, you want to hit on this? Jeff: No, you're doing fine. Toby: An investor is someone who's passively involved, a dealer is somebody who is actively buying and selling real estate. So if you buy real estate with the intent to hold it for its long term appreciation cash flow, then you are an investor. If you buy real estate with the intent to sell it, then you are a dealer. The easiest way to conceptualize this is if I am an investor, I am passive. If I am a dealer, then I am a supermarket with inventory. And I'm putting my real estate on a shelf and it's constantly for sale. Just like at your grocery store, it may take a couple years for something to sell. I'm just imagining the items that are on the shelf. Jeff: Your durable goods. Toby: Right, so you sell something, I used to do liquidation. We would grab all the expired items we would sell them but let's say, it doesn't matter how long you held them. A lot of people think, well if I held it over a year, I can't be a dealer. That's not the case, we actually have cases on the book where they held it over 10 years. What matters is what your intent was when you buy it. And the difference it makes is active income versus passive income. The difference is an investor can 1031 exchange and defer all other taxes. An investor can get long-term capital gains, an investor can do installment sales, an investor can spread out the tax liability over a long period of time. Whereas a dealer is active. It's subject to social security taxes, it's taxable immediately even if you don't receive the money. It is active ordinary income, it's no difference than I just sold that box of Cheerios on the shelf that I've been waiting to sell. It makes a huge difference. Dealer activity we're going to isolate inside of an S-Corp or a C-Corp. Investor activity, we're going to make sure it flows on your personal return either by using a disregarded LLC or a partnership LLC, one of the two. Jeff: Intent has really made a difference in a couple of cases. One, where somebody bought a property that they go allow their child to live in, something end up happening then they sold it after a short time. They were considered to be an investor not a dealer. Toby: It doesn't even matter. It does not matter whether you ever rented it, there's plenty of cases where somebody tried to rent it and they were going to use it as a long term hold and then things change and they sold it. Just know that if you buy or sell within a year, the presumption is going to be that you're a dealer. If you hold for over a year, the presumption is going to be that you're an investor but it's not a guarantee. We're going to get back to these questions. How does Flip LLC income flow into S-Corp and then what will be distributions of the seller? So, we talked a little bit about this last week but I'm going to go and we're going to hit this. When you set up an LLC, it doesn't exist to the IRS. So when you say how does the Flip LLC flow into S-Corp, it doesn't. A Flip LLC is an S-Corp if you elect to have it be treated that way with the IRS. The income is just going into an S-Corp. Then you have to decide what your salary will be because if you know anything about an escort S-Corp, you want to make sure you pay yourself a reasonable salary if it's making money. The rule of thumb to use is, one third of your net income should be paid out as salary. That's just a rule of thumb but it's all in all reality the IRS has this funky test where you're supposed to say, "Hey, what would it be? What could it be paid?" they never tell us exactly. So I'll just say this, pay a third, don't worry about it. If you get too much money, if you start making over $300,000, then we're going to have a chat but where you're going to be on our radar anyway, we're going to be making sure you're paying a reasonable salary anyway. The reason this is important is because the salary is subject to old age death and survivors in Medicare also known as FICA or social security and the distributions are not. So what you would do is you'd be cutting your social security tax by about two thirds if you did it that way. I hope that explains it. So it makes its money and it pays it out. We do need to make sure that if you're flipping, that the money goes into the LLC. Jeff: A quick comment on distributions on an S-Corporation. Distributions are typically the money that's already been taxed are in you're just pulling the cash out. What you don't want to do is go out and get a bank loan in S-Corporation and take distributions from that for several reasons. One, you don't have basis in those distributions. Two, it gets into the whole finance distribution issues and things of that nature. So you really only want to be pulling money out of the company that you’ve already been taxed on. Toby: Fair enough and then if you don't pull any money out of an LLC that's taxed as an S-Corp, you don't technically have to pay yourself a salary. You just let it sit in there and keep growing which your accountant is not going to tell you because they don't know that. The reason I know that is because I have spoken to probably 100 accountants that missed that one. It says, why do you want the LLC that does flipping set up as an S-Corp or C-Corp instead of a partnership? Mark, we were just talking about that because it's taxed as ordinary income as subject to self employment tax. So the reason we want that in an SRC is so that you do not get classified as a dealer because then all of your real estate is dealer real estate and you could lose all your long-term capital gains, you to lose your 1031, you could lose your installment sale. So we want it to be a separate taxpayer from you so the IRS notes clearly who the investor is and who the dealers is and then you can reduce the amount of tax hit by using the S-Corp that will reduce your self-employment tax significantly, if you add a 401K to it, you could eliminate your tax or defer it out into the future. If you use a C-Corp, then depending on what your expenses are, we can also eliminate all your tax or at least reduce it significantly. So that's why we use that. All right, we have a whole bunch of questions to go through so I'll go through this. What is UBIT and UBITA. UBIT is unrelated business income tax and the easiest way to understand this is when you have a tax deferred entity or tax, it's not actually a tax rates, it can be tax rate if it's a Roth but when you have a qualified plan or a nonprofit and it is not doing what it's set up to do, so let's say in an IRA or a 401K or a 401A, or a nonprofit, they're all set up to do certain things. They're allowed to have a passive activity which is rents, royalties, dividends, interest, even capital gains and it can have those and you don’t have to worry about it at all. But once it starts competing with other businesses, active businesses, now you have an issue and that's what's called—let's say that you have these ordinary businesses. Then they would be taxed, generally speaking it's going to be the highest rate at 37% I believe is what it's going to be as kind of a disincentive to engage in traditional businesses inside those exempt organizations. The easiest way to look at this, let's say you set up an IRA and it runs a mini mart, you're going to pay tax on those profits just like anybody else would. The exception is if that IRA owns a corporation that does not pay out the profits directly. It would have to own C-Corp and then it would only receive dividends and then those are considered passive. So it gets funny and a little bit difficult. The other one is let's say you set up a nonprofit, that's for—what's a good one? Helping Vet and then it sets up a pizza business on the side and starts competing, it buys a bunch a Domino's franchises. It's going to pay tax on the Domino's franchise. It doesn't get a big huge competitive advantage selling pizzas because it's a nonprofit. It would have to be for its charitable purpose and that's UBIT. Jeff: One place we see a lot is like hospitals, they're usually tax exempt but they may have a gift shop which they have to pay the business income tax on because it's not directly supporting them but it is a business. Toby: But you're allowed to do that for like what is it, Salvation Army and some these other thrift stores. They'll let you have one for a church and whatnot. If it's ancillary, if it's completely ancillary and it's just being used like thrift stores I think are one of the few exceptions, gift shop absolutely, you're head to head. Here's another one and I think that this may be what Diane was looking at, it's debt financed income. What that is, is if I'm using the leverage, then there's an exception for IRA's where it cannot use loans to generate income, it's considered an unrelated debt financed income. It will be taxable That is not the case for 401Ks and for 401As, which is what—if you've ever been to one of our events, you hear us railing on the idea that if you are going to finance real estate, real estate is considered passive and it's considered okay not UBIT. The only way you make it taxable is if you leverage it inside of an IRA, so don't do that. If you're going to leverage it, make sure your rolling that IRA into a 401K or profit sharing plan which is the 401A. So there, that's my two cents. I figure that maybe they had a funky—UBITA, I have no idea what that is, but it looks neat. I think they were probably referring to get financed income, since those things usually go side by side. All right, we have a ton of questions that have been posed and this is so much fun, we have like literally a jillion questions, if that's the number. All right, so here's the first one, if I cash out refinance or borrow an equity loan from my primary residence, use the money to do private lending by rental property, can I deduct the interest expense as an investment expense beyond $750,000 amount? They're throwing some things in here. This is actually a really long question, I'm giving you the thumbnail sketch of it. Hey guys email those types of questions in, because nobody's going to be out to follow this, but here's what here's what they're saying, we now have a restriction on your mortgage interest, it's $750,000. If you borrow on your house, and by the way it's $750,000 now, if you had a loan on it up to $1 million, you're grandfathered in, if those prior to what was it, 12/15/2017, you're good or if you got your long before April 15th and you already started the process before December 15, don't you make my head hurt. Long and short of it is, let's say $750,000, but your house is worth $1.5 million. You borrow money out of your house. You will not be writing that off personally, you are capped at $750,000 and that's on your schedule A. Whether or not you're getting any benefit out of that is to be seen because you have your standard deduction. I imagine it's going to be above the standard deduction if you're borrowing up to $750,000. Let's just say we have our $750,000 and we borrowed an extra $500,000, it can't go on your schedule A, but it can go someplace else. The someplace else would be, for example, if I put it into my schedule E, because I'm using it to buy rental property. Then I can use the income of the rental property and I can use the interest being paid as a separate expense, it's just going on a different tax form. The other route that you can go is, if I give that $500,000 and I loan it to a corporation and the corporation re-loans, in the words the corporation is going out loaning its money out and it's reimbursing my interest, then in all reality the loan is really to the corp, and I'm not getting any tax benefit but the corporation is reducing its income by reimbursing me the right to use basically my line of credit. This is no different than if you do this with your credit card. It's reimbursing you, so you make no money on it, but you don't pay tax on it, it such a fancy work around. That's number one. Next question, I hold rental property in a self directed IRA. I do tenant screening, manage the rental, hire vendors to do the repair work and I don't physically work on the house. Good, because you can't physically work on the house, you can do everything else, you can hire, do screening. I would actually have a property manager on it. All income expenses come and goes to the same self directed IRA account, hopefully that's with the custodian or you have an LLC, disregarded to the IRA. Somebody asked this, the IRA custodian sets up the LLC, you can't do it. You shouldn't be going out and doing it yourself, paying your money, you should actually have the IRA do it to keep it clean. Is it allowed? Yes, some people say, "If only I don't work on the house myself, that's okay," and they're correct. Some people say, even screening, collecting rent is not allowed, can you please clarify? You should not receive the money, the IRA should receive the money, you can direct you to the custodian though. You can even get the check and hand it to the custodian, forward it to the custodian, whatever, as long as what you're doing is not adding value to the property. That's the big no, no. Don't go get a paint brush and start painting the house because you're increasing the value to your personal efforts. Next question, my wife's previous employer stock options were exercised and we feel have peaked, cost basis 132, market value 280, if we cash in, what will be the tax consequences and how can we reduce the tax burden? We need to pull the trigger shortly. Aziz, this is you, there's two ways you can do this. First off, you're going to end up with long term capital gains, so it's not horrible. Secondly, there's something called an opportunity zone which just enacted at the end of the year and the just published out all these zones. If you reinvest the money in a opportunity zone, you defer to the tax. In the opportunity zones, there's tons of them. It's any neighborhood that is considered—that needs public support and there's a laundry list. I would actually encourage you to go Google, opportunity zone, tax and you'll find a big old list. But the communities in your area that are typically low to moderate income house. If you took your entire amount of increase, so let's say that we have $150,000 of taxable capital gains, you could buy $150,000 of opportunity zone properties and pay zero tax. Now, the question is, what happens when I sell? So there's holding periods and the minimum holding period, I believe, is you're going to be looking at five years, where then you're going to not have to pay tax on 15%, I'm going off of memory. So you'll have to excuse me if I'm not spot on, but it's 15% then it jumps up. At 10 years, the entire $150,000 is no longer taxable. And I believe that you're not going to be paying tax on the gain in the opportunity zone, it's kind of a two pronged, are you familiar with that one, Jeff? Jeff: Somewhat, I know that you replaced the old enterprise some number of years back. Toby: Something to look at, but would be it. The last way to avoid tax is give them, before you exercise it, is give that to your non-profit, if you have one and you would get a $280,000 deduction. And then the nonprofit can sell it zero tax. You'd get a monster tax and you could have these too, you could say, "Hey, I really need to offset a bunch of the tax, so I'm going to make a contribution," it doesn't matter what your basis is, it only matters, the fair market value of those assets and if you transferred let's say $140,000, half of it, let's see transferred $140,000 worth of stock, you would get $140,000 tax deduction and it can offset your income up to 60%. In either case, if you're pretty confident that we can mitigate or eliminate that tax bill if you wanted to. If you keep it out of state, somebody says, if you keep it as state for 36 months, can it be avoided? I am helping a friend with crowdfunding project and due to medical needs, we'll need a large sum, maybe $100 million what would his tax consequences be if he has no deductions? Does he have to pay tax on donated money? Fred, generally speaking, if you're getting these little gifts, as long as they're less than $15,000 there's no tax and when I say $15,000 that's per donor. So if I do a crowdfunding and everybody gives $100, there's no tax to the recipient. So go ahead and raise them a bunch of money. Jeff: Keep in mind when you're doing this crowdfunding, if you're contributing to a crowd funding, it is a gift, it's not a donation. Toby: And it's not a tax deductible donation. In 2017, I sold a rental house and took a $40,000 note. In 2017, I received $944 in interest but have not issued a 1099-INT. I did report the amount on my personal 2017. What should my next step be? Wait until 2019 or file now. So he's the one who holds the note, he was paid interest. What do you have to say? Jeff: This is kind of a darn if you do and darn if you don't. There is a penalty for not issuing the 1099. You did the right thing by reporting the amount of interest. However, there's a penalty for not following the 1099. There's a penalty for filing them late. Toby: What's the penalty like? Jeff: I think it's $50 or $75. I think it's $50 up to $99. Toby: So what you're saying is do it next year? Jeff: I didn’t hear anything. Toby: Hey do it next year unless they start digging in. I've had that, we actually went through a super audit here once and they went through every—they let you fix it. So I just wouldn't do it. I would just do it next year and say, "Hey, oops." How to aggregate all properties. What are the disadvantages to doing. You file an aggregation election, is it a form or you just check in the box? Jeff: It's an election. It prints out a form with your tax return. It says exactly what properties or investments you're aggregating together. The only real disadvantage is. Once you aggregated these properties, let's say you have two houses and one has significant passive losses. When you become a real estate professional, those passive losses gets stuck in there. Normally they get freed up when you sell that property but once you aggregator properties, it's all considered one property. So it doesn't free up those if you have a large losses tied up, it doesn't free them up until you get rid of all your aggregated properties. Toby: Cool. Nicely put. Are the purchase and sale of mortgage notes considered real estate for real estate professional status I'm assuming. Jeff: This is my gut feeling, I would say no. it's more of a lending, more of an investment in the notes. Toby: Depends on whether you're ending up with the properties. It depends on what your intent is and if your intent is just to buy and sell mortgage notes, then you're dealing with lending. In order to be real estate, it's really got to be focused in on the purchase and sale of real estate. Jeff: So we kind of run into the same thing with construction companies and such that they meet the test for certain things but not for other test. There are some input to it so real estate broker is kind of the same thing. Toby: Here's the thing, so this is Dean. Dean, if I am in your shoes, I am documenting the time I'm spending in real estate. so even though I may be going after a note, if the reason that you're going after the note is with the intent that possibly end up with that property and you do the research and you can back it up, then you add it into the real estate column as far as your time and you aggregate all your time. The only time this is going to come up is if somebody audits you in goes through all of your records that thoroughly which is rare that that happens. But let's say that it does, then you're the one who's tracking all of your expenses and your time. Then it would be up to the IRS to sit there and say, "Hey, that was actually for the mortgage." and so the old adage is pigs get fat, hogs get slaughtered. You don't take all of it but you aggregate that a little bit. Jeff: Can I bring up a pet peeve? I hear on the radio frequently about all these auditors that IRS has hired and they haven't had a real hiring since 2010. Toby: They're so toast right now. Jeff: The last big hiring they did most recently was to deal with Obamacare for that audit purposes. But really, they're dealing with almost a skeleton crew anymore. Toby: We just got proposed tax forms for 2018. We don't even know, we just had proposed regulations issued on the tax changes two weeks ago, three weeks ago. They're way behind the eight ball and sometimes we put ourselves in a disadvantage. Don't be crazy about it, but you can be pretty aggressive and especially if it's the truth. If what you're spending your time on is real estate, count it towards real estate. So if you're doing real estate investing part time, can you be considered a part time investor? Yeah, you'd be a part time investor but you wouldn't be a real estate professional. So the biggest important thing and this is for Darlene and Ken, is to document your time and if you go over 750 hours and it's more than you spend than anything else, then you're going to be a real estate professional. Otherwise, you're just an investor, unless you are buying properties to sell. So when you say investing, that means you're going to hold on to them, you're letting them depreciate a little bit but you get the cash flow. Does time spent lending money on real estate for real estate qualifiers and real estate professional. No investing, didn’t we just answer that one? It depends on your real intent of investing in the note. A lot of people are buying notes to end up with a real estate in which case then I'd say probably. Jeff: No, what if she's gap funding? Toby: If you're gap funding then I would say no, then you're lending. So you really have to take a look at the totality of the circumstances. I wish I could say yes or no. what we want is a yes and there's a way to get there. So it's making sure that you're documenting things to support your position. We could dig into that a little bit more, if you want to shoot us the email then let us dig into it. Then the next tax Tuesday, I can answer that one and Jeff can answer that one with a little bit of research behind it. Nexus question, "I'm a resident in California, I'm moving to Arizona. I plan to keep a single family rental in California. The California houses and the land trust is owned by Wyoming LLC, does California have the right to tax my pension income after I move in addition to my income in California rental." Shelly the answer is, it depends on where the rental was earned and whether you're taking out over a 10 year period then the answer is, no. and my guess is that you're going to be a big no. They will be able to tax technically the rental income that is being derived from California but for the most part, that's going to be zero. Jeff: A really important number to remember when you have a property in more than one state is 183. That's typically the number of days you need to spend in a state to be a resident in that state. Toby: "How do I get the 501(c)(3) tax exempt?" Marie, that’s the 1023 application. Yes, it's the 1023 application. So with a nonprofit, I always look at these things in threes, we file with the state which is a corporation. We document it to make sure there's no shareholders which is for private parties, and then we file with the feds and we're telling them we want to be an exempted organization and that exemption is done via 1023. So we go through that process. When we set them up, we set up about 3,000 of them successfully. "How do you create an LLC and an IRA?" Darlene and Ken, what you do is you have the IRA custodian internal contract with a company like us and we create the LLC, or we set up a 401K, roll the IRA into it and then we'd let you do it so you don't need a custodian. "Is this recorded and will a replay be sent out?" Robin, it's made available to anybody who's platinum and then I'm cutting out a bunch of the Q&As and will throw them all over the internet. The recording, yes we record them. Join platinum, it's fun. "If I sell a partial note to a family member from my QRP, is that disqualified?" it depends on the type of family members. When they're your kids, yes. If it's to a brother or sister, no. then you can do it. When you make a contribution and that's just the whole disqualified person argument we had earlier. So you can always ask again, ask the question specific to your situation, we'll give you a very specific answer. But just know that if you sell a partial note out of your QRP, it depends on the relationship of the family member. If it's lineal, you have a problem. Which means kids, parents, grandparents you have a problem. If it's horizontal, siblings, not a problem. If it's the spouses of the disqualified person, you're going to have a problem. "Investing in LLC for holding rental property, how does one avail to a 1031 exchange?" Here's how it works, so I'm not going to worry about this. The 1031 exchange, you have to have a 1031 exchange facilitator. The LLC has to buy the next property. So you sell one and buy one within 180 days and there's some other roles in there about when you identify it or you do a reverse exchange where you buy the replacement property then sell the other property within 180 days. But neither cases, in the name of the LLC, you don't have to do anything else. "I should be able to still qualify as an investor and still be active in real estate by investing more than 750 hours." yes, but in actually is a full time job. So if you have a full time job as a real estate professional, then you're good. But remember, your activity as a real estate investor has to exceed your activities of any other profit making activity. So if you work and you work 1,500 hours, even if you did 1400 hours as real estate, you are not a real estate professional, still below that 1,500. Investment in LLC for holding rental property, how does or somebody asked that. If you in invest funds to have an equity in a project, oh my god, this one's going to kill me, built by someone else, I'm trying to think what this is. So you're investing funds for a piece of an LLC in which you are passive and they are a builder, are you a dealer? So Judith, no, you are a passive investor in an active business, is what you are. I see what you're saying, what she's asking is, "Hey, I have Bob the builder come up to me and says, 'Hey, we're going to build this big apartment complex, we're going to develop and everything. You put in $100,000 everybody else puts on $100,000.'" You are passive. You are not considered the dealer. Here's a fun one, did you already read this one? Jeff: No, I haven’t read this one. Toby: Okay, I am planning to receive social security benefits at 62, and currently not employed. I do private lending to real estate investors through promissory notes. So I do receive interest income in the amount of $40,000 to $50,000. Will this affect my social security benefits? At what point to social security benefits are taxable? So Joe, the answer is that there are certain types of income that are exempt from calculations, social security, Jeff you know off the top of your head? Jeff: If you're receiving earned income and that's all social securities could ever know about, so we're talking about self employment income, W-2 wages, that's going to affect your social security benefits. Toby: But if you're just receiving interest income, is it going to affect it? Jeff: Well, here's the thing, if you're in the business of lending money, we would typically set you up as a business, either on schedule C or through an S-Corp or something. That interest you receive wouldn't be, interest income, it would be business income. You'd be able to deduct certain expenses from that income… Toby: We got to look at it, because usually you're going to want to be treated as active, in this particular case you're not going to outdo yourself. Jeff: The downside of this is, any money, any net income you have from this business of lending money is going to affect security until you're 65, or 67, full retirement age. Toby: Joe, the answer is, we may one isolated into its own taxable entity, so that it doesn't affect you. We may. Jeff: I kind of feel like this would be in a great place for an S-Corporation. It's not earning income flowing through to them. Toby: Would he have to take a salary? Jeff: Yeah there we go. Toby: I'm going to take a look. Joe, that's a great question, could you submit it to the webinars at Anderson Advisors, so we can research it. In that way we can hit it in two weeks, to get you a much more thoroughly research, because you're asking a very complicated question. That’s just not going to be at the top of our head. We're going to make sure that we don't step on a landmine. Jeff: So the answer's, maybe. Toby: My wife and I are the only shareholders and we both take a one third salary. No, you should take about one third of the net profit as salary, total between the owners. So greater than 2% shareholders or you and your spouse, so you could each take, I'll throw numbers out, let's say you made $100,000, you could each take up to $18,500. If you're under 50 and immediately dump it into a 401K and not pay any tax. So, "Hey we like that." We have a medical coding business, perfect, yeah, so that's when we want to take a look at. "This is so much fun, really appreciate it," I hope that's not sarcastic, Al. "I opened a couple of LLC, I'm going to use to purchase flipping, can I put them on hold until I do? Do I have to do tax returns?" It all depends on what you're doing with those, the answer is, yes you could put them on ice. "Thanks for the answer on UBIT." Diane, no problem. See we actually do answer questions here. "What are the legal benefits of incorporating in Puerto Rico, if any compared to Nevada?" If you live there, I think they give you 4% tax rate, but you actually have to reside there. There's legal benefits, not really any, other than the tax benefits and the fact of the matter is Puerto Rico has Spanish law, which means they could probably take your company from you. But you can still go down there and Jeff… Jeff: Well, I mean, there are certain industries that have great tax benefits pharmaceutical companies was always a big one. Some of those old laws have sunsetted but might be a good opportunity. Toby: Cool, look at all these questions. All right, some people are saying nice things, great. I like nice things better than, "You guys are jerks." In 2017, I was self employed under my LLC, I have not filed my taxes yet and not considering retirement. Would I still be able to do that? What is best options?" Casey, are you under—self employment under my LLC. So it depends on whether—it was an S-Corp. Did you file an extension because you would be able to do a retirement plan either a sub-IRA or if you already had the 401K then you can make a contribution from the company for it. It would either be a 401A or a 401K. or sub-IRA, I think those are going to be your... Jeff: And if you do extension, you have 11 days to get it done. Toby: Yeah, you have 11 days. Casey, get off your butt. All right, Brian wants advice with the start up pre revenue, he is offering 10% stock, "Not sure I want ownership that subject to capital calls, expectation, potential—is it better to take an offshore [inaudible 01:06:53] until there's more value in the company?" It really depends, so Clark, nice to see you. Awesome. I know Clark's brother very well, studs, nice family. All right, friends, if I was going to have a piece, the whole thing is, if I'm putting money into an endeavor, it's going to be, "What am I going to get out?" It would really depend on the agreement, I don't want to be subject to having to put more money in, nor do I want my interest necessarily being diluted by somebody who is. So one of the one of the ways you can do it, is sometimes do it is a convertible note where you loan the money, so you know you can at least get it back, but it's convertible into equity at the fair market value at that time. You guys can actually agreed to this ahead of time. So that if you decide you want to contribute it, you see they're doing what you want but then you convert it into equity. Otherwise it just remains a note that they pay you on. Clark, that's probably the route I would go. Jeff: But the assumption here is, this is a C-Corporation he's talking about. Toby: I don't even care… Jeff: Well if it's an S-Corporation that we wouldn’t be able to have all these secondary notes and stuff. Toby: If it's an S, I could so convert it. Jeff: Could you? Toby: Yep. Jeff: As long as it converts into the same… Toby: Yep. The risk is I don't want to have a convertible debt to anything other than an individual that would qualify for S.. Jeff: Okay. Toby: But I don't see S-Corps raising money this way. It's almost always C-Corps with partnerships. So the ones that I've been personally involved in, we did three levels of financing this exact way with Vegas Tax fund. That's the little Tony Hseih group and they dumped a bunch of money to a company called Role Tech. You can look them up online, because we exited that wanted with the sale to Brunswick. In a way they did all their money was purely—that was a C-Corp, but it was purely through convertible notes. All right, "What are the best tools you can recommend for tracking time mileage and expenses for real estate investors? My desire to be paperless and get everything out…" People use Taxbot for mileage, it's mileage IQ, MileIQ, I think it's the one that I use, but if you're tracking time, it's just using—sometimes is just using your calendar or spreadsheet. Let's see, "Is full time realtor, a real estate professional?" Chances are, you're going to aggregate and all that. "I understand and agree." I'm not sure I understand that. "I executed a 1031 exchange where trust all the owned property, sold it, and took title of the up leg property in the trust using 1031 exchange. But now I want to transfer up leg property into an LLC." Diane, there is no time restriction that you have to hold it as long as you are the one and still the end beneficiary. If you extend loan through an LLC owned by Roth IRA, they want to transfer, sell the remainder, but then season it out to a lower interest rate. Can Roth continue to receive the full payment from the borrower and the relay the portion?" Yes, as lines is non-convertible, same as you do in an S-Corp. "Is the answer the same best self administer S 401K? So what they're asking is," If you extend a loan through—we're just going to call it the Roth IRA, because the LLC looks right into it from a tax standpoint. And then you sell the remainder of that then season notes. So you start collecting and then you sell the note because it's doing really well and you say, "Hey does anybody want to pay me for this?" I know a guy that that's what he does. He puts the notes together and he sells his notes out and so he can get the money to go to another one and he aggregates them altogether, they call it flying in flocks. The lenders flock together and together they do a loan and he sells his portion. Yeah, you could sell it and then you can continue to receive it and keep a portion of it. the only issue you have is if it's a convertible note then you wouldn’t want to do a convertible note because boom, that Roth IRA depending on the type of entity if it's an S-Corp you'd kill the S-Corp's status of it. How do you put an LLC on hold? You get quite literally do nothing with it or you just pay the state and then you file a non activity return. You say it's not doing anything. So you're allowed to do that or you just do nothing. Which is what I tend to do. It just depends on your state. If there's not much penalty then I just kind of sit it and then two years later I might reactivate it. Will real estate holding LLC taxes partnership qualify for the 20% passed through deduction? Yes, it will. Here's the deal, as long as it's not triple net property. What she's asking is, "Hey, I have a whole bunch of LLCs and they all receive rental income and there's a net income amount." let's say it comes through with $50,000 there's something called a 199A deduction that was enacted by the 2017 tax cut and jobs act. And it gives you a 20% deduction off that amount or 20% of your taxable income whichever one is less/ but if you earn over a certain amount so for individuals it's over, $100,575 if it's a married couple it's $315,000 which is going to make your head hurt I'm going to suffer memory here. Then you scale up and then you have a new test it's 50% of the W2 income that's being paid on that particular busine
This evening edition of the Sport Market begins with a focused look at what has 'come and gone' in terms of sport franchises in North America, including the Seattle Sonics, the Quebec Nordiques and the Montreal Expos.
On today's show: Grizzlies Assistant Chad Forcier joins the show in-studio to discuss how he got to Memphis (2:20), interning with the Seattle Sonics (4:30), coaching high school basketball (11:50), coaching under Rick Carlisle and Gregg Popovich (17:45), why coaching with the Spurs is different from every other organization (20:22), coaching Kawhi Leonard (26:00), the Grizzlies roster (29:13), Jaren Jackson Jr (29:52), and Kyle Anderson (30:10). Alexis Morgan then joins the show in-studio for Vegan Corner and the Entertainment Report (40:47).
Bomani Jones is joined by rapper and Seattle native Sir Mix-A-Lot. They talk Seattle sports (1:25), how he got his start (5:09), how the game has changed (19:08), what he's up to these days (31:44), being around people with way more money than you (40:16) and more.
Bomani Jones is joined by rapper and Seattle native Sir Mix-A-Lot. They talk Seattle sports (1:25), how he got his start (5:09), how the game has changed (19:08), what he's up to these days (31:44), being around people with way more money than you (40:16) and more.
Marc Taylor, retired mascot for the OKC THUNDER, Seattle SONICS and the Seattle STORM tells his TALE of his rise to NBA Stardom, shares some great stories about his time with these teams, and what he's up to now!
The Tao of Sports Podcast – The Definitive Sports, Marketing, Business Industry News Podcast
The Seattle Storm have proven that the WNBA product can work and be highly effective without an NBA parent company behind it. A member of the Storm since the early 2000s, when they did have the Seattle Sonics in the Key Arena, Kyle Waters has worked his way up from an Inside Sales Rep in 2005 to SVP in 2015. Waters talks about how the WNBA brand is pushed out into the community, showcasing an inclusive atmosphere that has continued to catch-hold with various constituencies and result in sold-out audiences in an NBA-quality arena. Waters shares insight into the branding effort with the Storm's mascot Doppler, as well as how the roster transitions from former stars Lauren Jackson & Sue Bird have yielded two back-to-back No. 1 WNBA draft picks in order to keep the Storm front-and-center within the Seattle sports landscape throughout the summer.
Tonight we (the Sonics Rising staff) will be once again hosting a call in radio show we've called The Downstroke. We'd love to have you join us by calling in. We'll talk NBA, NCAA and some NFL for sure. And we'll see where the night leads and what time allows for from there. Show goes on the air at 9:00PM Pacific. We'll post the call in info in this post as we get closer to going live this evening. If you don't want to talk live, you're able to listen live - and we'll post that link in a bit too. The number to call in at is (347) 324-5180!
http://alayngkultura.wordpress.com This is an aktual konversation (and a very rough one) from Daps (aka Chance Boudreaux) and Art of the Cartoon (aka Ceez). This podcast was started to not only discuss and analyze progressive social issues about class, race, sex, etc in pop culture, art, and entertainment but also for Daps and Ceez to just bullshit and talk about random other shit. LISTEN TO AKTUAL KONVERSATIONS EP. 1 Topics Discussed: 2:30 - 7:55 Boston Marathon 7:55 - 8:28 Lakas part I 8:28 - 19:30 Seattle Sonics 19:30 - 33:18 Walking Dead 33:18 - 43:15 Summer Movies, iron Man 3, Star Trek, Star Wars Ep VII,After Earth 43:15 - 52:10 This week in racism 52:10 - 1:00:00 This week in animation 1:00:00 - 1:04:30 - This week in fitteds 1:04:30 - 1:09:35 Events 1:09:35 - 1:11:00 Plugs 1:11 - 1:13 Outro This first outing is rough, if only we had The Dream to sing our intro…
John Moe, host of Wits, is obsessed with The Seattle Sonics, Sharon Stiteler aka BirdChick claims she is NOT obsessed with birds, and random audience volunteer Lee is obsessed with virtual pet-site Subeta. Joseph uses his sensitive voice, his high-pitched … Continue reading →
Episode 2 of the Dave Dameshek Football Program opens with a shot across the bow to NFL commissioner Roger Goodell by talking about basketball. Dave suggests how LeBron James could have been a hero to the working man when he decided to take his talents to South Beach. While former LA Rams fan Adam Rank empathizes with the plight of the Seattle Sonics fans who are watching the Oklahoma City Thunder. The fellas then hash out the toughest names in NFL history, and then continue the debate of the most overrated players currently in the NFL. And finally, with Arnold Schwarzenegger in the news, the gang debates which actor has been in the most great movies in cinema history. To make a long story short, it was gangbusters!
Episode 2 of the Dave Dameshek Football Program opens with a shot across the bow to NFL commissioner Roger Goodell by talking about basketball. Dave suggests how LeBron James could have been a hero to the working man when he decided to take his talents to South Beach. While former LA Rams fan Adam Rank empathizes with the plight of the Seattle Sonics fans who are watching the Oklahoma City Thunder. The fellas then hash out the toughest names in NFL history, and then continue the debate of the most overrated players currently in the NFL. And finally, with Arnold Schwarzenegger in the news, the gang debates which actor has been in the most great movies in cinema history. To make a long story short, it was gangbusters!
© 2020-2025 Ivy Podcast Discovery LLC
