Podcasts about tax strategies

Hannah Cole is back on So Money — and just in time. You may know her as the founder of Sunlight Tax, or from her game-changing workshops that help creatives and freelancers make sense of their money. But today, she's here to share insights from her forthcoming book, Taxes for Humans, which might just be the most approachable — and dare I say, funny — tax book you'll ever read.In this conversation, Hannah and I dive into the emotional baggage so many of us carry around taxes: shame, intimidation, even fear. She opens up about being dismissed by a traditional accountant early in her career, and how that lit the fire for her to become a voice for those often left out of financial conversations — women, artists, freelancers, anyone who's ever felt like a “weirdo” in the world of money.We talk about how to avoid the dreaded tax bill shock, what the IRS really cares about, why freelancers need to understand quarterly taxes, and what you should know if you're married and your spouse is handling the taxes (spoiler: pay attention!). Plus, Hannah shares the number one thing new business owners should do to feel confident and in control of their taxes.

Key Takeaways: Keep Track of Everything, Every Month Just like you'd check your grades or allowance, businesses need to look at their money each month—and review bigger things every few months to plan for taxes. Save Up and Spread Out Businesses should keep at least six months' worth of money ready for bills and emergencies. Also, don't depend on just one customer—having many keeps your business safer and more appealing to future buyers. Make It Work Without You If a business can only run when one person (like the owner) is there, it's harder to sell. The more your business runs on systems and a team, the more valuable it becomes. Plan Ahead to Avoid Surprises If you look at your money and taxes often, you won't get hit with big surprises. You can make better decisions about what to spend, save, or invest in. Structure It Smart Setting up your business the right way (with help from a lawyer) can protect what you own and make selling the business easier down the road. Chapters: Timestamp Summary 0:00 The Importance of Regular Financial Record Keeping for Businesses 2:08 Financial Planning and Tax Strategies for Business Stability 4:48 Preparing Your Business for Sale and Ensuring Its Longevity 7:29 Preparing for Business Success with Idiot-Proof Strategies   Powered by ReiffMartin CPA and Stone Hill Wealth Management   Social Media Handles    Follow Phillip Washington, Jr. on Instagram (@askphillip)   Subscribe to Wealth Building Made Simple newsletter https://www.wealthbuildingmadesimple.us/   Ready to turn your investing dreams into reality? Our "Wealth Building Made Simple" premium newsletter is your secret weapon. We break down investing in a way that's easy to understand, even if you're just starting out. Learn the tricks the wealthy use, discover exciting opportunities, and start building the future YOU want. Sign up now, and let's make those dreams happen!   WBMS Premium Subscription   Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.

In this episode of Real Money Talks, I'm answering real questions from real families about how to build wealth the right way. We dive into trusts, taxes and short-term rentals—where to start, how to structure the business, and what kind of cash flow to expect.Whether you're just getting started or trying to set up your next move the smart way, this episode gives you the roadmap to do it right from the beginning.If you've been relying on advice that only gets you halfway, it's time to rethink the plan.Loral's Takeaways:Assessing Market and Team Building (01:01)Client's Background and Initial Investments (02:43)Market Assessment and Real Estate Coaching (03:47)Trust and Probate Strategy (06:20)Investing and Tax Strategies (10:13)Meet Loral Langemeier:Loral Langemeier is a money expert, sought-after speaker, entrepreneurial thought leader, and best-selling author of five books.Her goal: to change the conversations people have about money worldwide and empower people to become millionaires.The CEO and Founder of Live Out Loud, Inc. – a multinational organization — Loral relentlessly and candidly shares her best advice without hesitation or apology. What sets her apart from other wealth experts is her innate ability to recognize and acknowledge the skills & talents of people, inspiring them to generate wealth.She has created, nurtured, and perfected a 3-5 year strategy to make millions for the “Average Jill and Joe.” To date, she and her team have served thousands of individuals worldwide and created hundreds of millionaires through wealth-building education keynotes, workshops, products, events, programs, and coaching services.Loral is truly dedicated to helping men and women, from all walks of life, to become millionaires AND be able to enjoy time with their families.She is living proof that anyone can have the life of their dreams through hard work, persistence, and getting things done in the face of opposition. As a single mother of two children, she is redefining the possibility for women to have it all and raise their children in an entrepreneurial and financially literate environment. Links and Resources:Ask Loral App: https://apple.co/3eIgGcXLoral on Facebook: https://www.facebook.com/askloral/Loral on YouTube: https://www.youtube.com/user/lorallive/videosLoral on LinkedIn: https://www.linkedin.com/in/lorallangemeier/Money Rules: https://integratedwealthsystems.com/money-rules/Millionaire Maker Store: https://millionairemakerstore.com/Real Money Talks Podcast: https://integratedwealthsystems.com/podcast/Integrated Wealth Systems: https://integratedwealthsystems.com/Affiliate Sign-Up: https://integratedwealthsystems.com/affiliates Thanks for listening!Thanks so much for listening to our podcast! If...

I used to believe the key to success was working harder than everyone else.And for a while, that served me. But over time, I started asking different questions—like what would it look like to build a life where work didn't come at the expense of family, faith, or freedom?This episode is a little different, as I'm the one being interviewed. Preston Brown, host of the Problems to Profit Podcast, pulls out the biggest lessons I've learned, from selling newspaper subscriptions in middle school to investing in private deals that create passive income and real-time freedom today.We get into why I prioritize passive income over net worth, and how relationships and masterminds have opened the door to some of my biggest opportunities.In this episode, you'll learn: 1.) How one passive income deal replaced my wife's income—and how that one move kickstarted our journey to financial freedom.2.) My personal framework for allocating surplus income into deals that create long-term freedom.3.) Why I created The Lifestyle Investor Mastermind—an exclusive community giving members access to the same deals and strategies used by the ultra-wealthy.Show Notes: LifestyleInvestor.com/240Tax Strategy MasterclassIf you're interested in learning more about Tax Strategy and how YOU can apply 28 of the best, most effective strategies right away, check out our BRAND NEW Tax Strategy Masterclass: www.lifestyleinvestor.com/taxStrategy Session For a limited time, my team is hosting free, personalized consultation calls to learn more about your goals and determine which of our courses or masterminds will get you to the next level. To book your free session, visit LifestyleInvestor.com/consultationThe Lifestyle Investor InsiderJoin The Lifestyle Investor Insider, our brand new AI - curated newsletter - FREE for all podcast listeners for a limited time: www.lifestyleinvestor.com/insiderRate & ReviewIf you enjoyed today's episode of The Lifestyle Investor, hit the subscribe button on Apple Podcasts, Spotify, or wherever you listen, so future episodes are automatically downloaded directly to your device. You can also help by providing an honest rating & review.Connect with Justin DonaldFacebookYouTubeInstagramLinkedInTwitterSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

In this conversation, Brett McCollum interviews Cathi Korelin, an enrolled agent with over 20 years of experience in the tax industry, particularly focusing on real estate investors. Cathi shares her journey into the tax world, the importance of proper bookkeeping, and various tax strategies that can help real estate investors save money. She emphasizes the need for a collaborative team of professionals to navigate the complexities of taxes and offers insights into common mistakes made by investors. Cathi also discusses her upcoming book on creative real estate finance and tax strategies, aiming to educate investors on maximizing their financial outcomes.   Professional Real Estate Investors - How we can help you: Investor Fuel Mastermind:  Learn more about the Investor Fuel Mastermind, including 100% deal financing, massive discounts from vendors and sponsors you're already using, our world class community of over 150 members, and SO much more here: http://www.investorfuel.com/apply   Investor Machine Marketing Partnership:  Are you looking for consistent, high quality lead generation? Investor Machine is America's #1 lead generation service professional investors. Investor Machine provides true ‘white glove' support to help you build the perfect marketing plan, then we'll execute it for you…talking and working together on an ongoing basis to help you hit YOUR goals! Learn more here: http://www.investormachine.com   Coaching with Mike Hambright:  Interested in 1 on 1 coaching with Mike Hambright? Mike coaches entrepreneurs looking to level up, build coaching or service based businesses (Mike runs multiple 7 and 8 figure a year businesses), building a coaching program and more. Learn more here: https://investorfuel.com/coachingwithmike   Attend a Vacation/Mastermind Retreat with Mike Hambright: Interested in joining a “mini-mastermind” with Mike and his private clients on an upcoming “Retreat”, either at locations like Cabo San Lucas, Napa, Park City ski trip, Yellowstone, or even at Mike's East Texas “Big H Ranch”? Learn more here: http://www.investorfuel.com/retreat   Property Insurance: Join the largest and most investor friendly property insurance provider in 2 minutes. Free to join, and insure all your flips and rentals within minutes! There is NO easier insurance provider on the planet (turn insurance on or off in 1 minute without talking to anyone!), and there's no 15-30% agent mark up through this platform!  Register here: https://myinvestorinsurance.com/   New Real Estate Investors - How we can work together: Investor Fuel Club (Coaching and Deal Partner Community): Looking to kickstart your real estate investing career? Join our one of a kind Coaching Community, Investor Fuel Club, where you'll get trained by some of the best real estate investors in America, and partner with them on deals! You don't need $ for deals…we'll partner with you and hold your hand along the way! Learn More here: http://www.investorfuel.com/club   —--------------------

In this episode, Dr. Hales and Allen Freeman discuss: Financial planning for physicians Tax Strategies for high earners Retirement income and wealth preservation Key Takeaways: "Have a good, strong tax strategy plan, regardless of your career level as a physician. Because it's not about how much you make—it's about how much you keep." – Allen

What does it really take to manage $10M+ in today's uncertain environment? In this episode, Jeannette Friedrich is joined by Samuel Harnish, founder of Quantitative Financial Strategies and former investment committee member of a billion-dollar multifamily office. With deep insight into both institutional investment research and personal wealth advising, Samuel shares how high-net-worth individuals can optimize taxes, reduce public market risk, and smartly access alternatives. Whether you're considering a wealth manager or want to understand what top-tier planning actually looks like, this episode brings rare, insider-level clarity. Key Takeaways: - Why Samuel left institutional asset management to start a boutique wealth firm focused on client outcomes - How affluent investors can benefit from tax-loss harvesting strategies once exclusive to billion-dollar family offices - The role short-selling plays in accelerating capital loss harvesting for liquidity events - How advancements in custodial technology have opened the door to more personalized, tax-efficient strategies - The case for private real estate with long hold periods, cost segregation, and 1031 exchanges to defer taxes - Why diversification across private markets is no longer optional—but must be executed carefully - A candid take on illiquid “luxury” assets like art and collectibles—and whether they really protect wealth - The one foundational difference between wealth management for individuals and for family offices - How wealth perception can be distorted by primary residence values—and why liquidity matters more than vanity metrics - Why Samuel believes social media (used strategically) can be one of the best tools for building an extraordinary life This episode is a must-listen for anyone serious about preserving and growing wealth in today's evolving financial landscape.  Samuel Harnisch https://www.linkedin.com/in/samuelharnisch    Timestamps 00:00 Introduction to Wealth Management 00:27 Meet Samuel Harnish 01:47 Starting a Wealth Management Firm 03:14 Investment Strategies and Market Insights 04:53 Tax Strategies and Private Markets 18:06 Lightning Round and Conclusion   Are you REady2Scale Your Multifamily Investments? Learn more about growing your wealth, strengthening your portfolio, and scaling to the next level at www.bluelake-capital.com. Credits  Producer: Blue Lake Capital Strategist: Syed Mahmood Editor: Emma Walker Opening music: Pomplamoose *

In this episode, Tait Duryea and Ryan Gibson welcome CPA Thomas Castelli of Hall CPA to break down the latest tax developments affecting high-income earners. From the potential return of 100% bonus depreciation to how the real estate professional status works in practice, Tom shares key strategies to help you keep more of what you earn. Whether you're flying the line or growing your rental portfolio, this episode delivers practical advice for optimizing deductions, structuring entities, and deciding when to hire a pro vs. going DIY.Thomas Castelli is a CPA and partner at Hall CPA, specializing in strategic tax planning for real estate investors and business owners. With deep expertise in real estate professional status, bonus depreciation, and entity structuring, Tom helps high-income earners legally reduce their tax burden. In this episode, he brings timely insights on new legislation and actionable strategies tailored for pilots and investors.Show notes:(0:00) Intro(02:52) Why this tax bill matters(03:39) Return of 100% bonus depreciation(06:38) Key highlights from the 2017 tax act(10:32) Real estate professional status explained(15:07) MAGA accounts and standard deduction(19:51) Overtime and tip tax exemptions(21:51) QBI deduction and entity structuring(28:41) When to use a CPA vs TurboTax(38:01) OutroConnect with Hall CPA: https://bit.ly/HallCPA Hall CPA - Passive Income Pilots 1-1 Tax Strategy Call: https://calendly.com/tax-smart-rei-plus/pip — You've found the number one resource for financial education for aviators! Please consider leaving a rating and sharing this podcast with your colleagues in the aviation community, as it can serve as a valuable resource for all those involved in the industry.Remember to subscribe for more insights at PassiveIncomePilots.com! https://passiveincomepilots.com/ Join our growing community on Facebook: https://www.facebook.com/groups/passivepilotsCheck us out on Instagram @PassiveIncomePilots: https://www.instagram.com/passiveincomepilots/Follow us on X @IncomePilots: https://twitter.com/IncomePilotsGet our updates on LinkedIn: https://www.linkedin.com/company/passive-income-pilots/Do you have questions or want to discuss this episode? Contact us at ask@passiveincomepilots.com See you on the next one!*Legal Disclaimer*The content of this podcast is provided solely for educational and informational purposes. The views and opinions expressed are those of the hosts, Tait Duryea and Ryan Gibson, and do not reflect those of any organization they are associated with, including Turbine Capital or Spartan Investment Group. The opinions of our guests are their own and should not be construed as financial advice. This podcast does not offer tax, legal, or investment advice. Listeners are advised to consult with their own legal or financial counsel and to conduct their own due diligence before making any financial decisions.

In this episode, I break down the essentials of self-employment tax and explore how forming an S Corporation can unlock valuable tax benefits. I walk through key tax strategies, what makes an S Corp worth considering, and why understanding state regulations matters for self-employed entrepreneurs like us. I also highlight how strong bookkeeping, proper payroll, and strategic financial planning help protect your business income and maximize your tax return. If you're navigating entrepreneurship and want to keep more of what you earn, this episode offers practical, real-world guidance.   Also mentioned in this episode: 00:00 Understanding Self-Employment Tax 03:25 The Benefits and Risks of S Corporations 06:20 Criteria for Forming an S Corporation 11:55 Navigating State Regulations and Compliance   Takeaways Self-employment tax is 15.3% for self-employed individuals. An S Corporation can help save on self-employment taxes if criteria are met. Forming an S Corp requires running payroll and compliance with employment laws. You cannot undo an S Corp election for five years. Check state regulations as some may tax back S Corp benefits. Consistent profit over $60,000 is a key criterion for forming an S Corp. Bookkeeping is essential when operating as an S Corp. Having more money than time indicates readiness for an S Corp. Professional guidance is crucial when forming an S Corp. Be cautious of advice from unlicensed sources regarding taxes.   If you enjoyed this episode, please rate, review and share it!  Every review makes a difference by telling Apple or Spotify to show the Sunlight podcast to new audiences.   Links: Link to pre-order my book, Taxes for Humans: Simplify Your Taxes and Change the World When You're Self-Employed. Get your free visual guide to tax deductions Check out my program, Money Bootcamp

In this conversation, Dylan Silver interviews Sean Graham, founder of Maven Cost Segregation Tax Advisors. Sean shares his entrepreneurial journey, starting from his passion for real estate to his expertise in cost segregation and tax strategies. He explains how real estate can be a powerful tool for minimizing tax burdens and discusses the importance of networking and adapting in the ever-changing landscape of real estate investment. The conversation also touches on the self-storage business and the significance of understanding tax benefits for real estate professionals.   Professional Real Estate Investors - How we can help you: Investor Fuel Mastermind:  Learn more about the Investor Fuel Mastermind, including 100% deal financing, massive discounts from vendors and sponsors you're already using, our world class community of over 150 members, and SO much more here: http://www.investorfuel.com/apply   Investor Machine Marketing Partnership:  Are you looking for consistent, high quality lead generation? Investor Machine is America's #1 lead generation service professional investors. Investor Machine provides true ‘white glove' support to help you build the perfect marketing plan, then we'll execute it for you…talking and working together on an ongoing basis to help you hit YOUR goals! Learn more here: http://www.investormachine.com   Coaching with Mike Hambright:  Interested in 1 on 1 coaching with Mike Hambright? Mike coaches entrepreneurs looking to level up, build coaching or service based businesses (Mike runs multiple 7 and 8 figure a year businesses), building a coaching program and more. Learn more here: https://investorfuel.com/coachingwithmike   Attend a Vacation/Mastermind Retreat with Mike Hambright: Interested in joining a “mini-mastermind” with Mike and his private clients on an upcoming “Retreat”, either at locations like Cabo San Lucas, Napa, Park City ski trip, Yellowstone, or even at Mike's East Texas “Big H Ranch”? Learn more here: http://www.investorfuel.com/retreat   Property Insurance: Join the largest and most investor friendly property insurance provider in 2 minutes. Free to join, and insure all your flips and rentals within minutes! There is NO easier insurance provider on the planet (turn insurance on or off in 1 minute without talking to anyone!), and there's no 15-30% agent mark up through this platform!  Register here: https://myinvestorinsurance.com/   New Real Estate Investors - How we can work together: Investor Fuel Club (Coaching and Deal Partner Community): Looking to kickstart your real estate investing career? Join our one of a kind Coaching Community, Investor Fuel Club, where you'll get trained by some of the best real estate investors in America, and partner with them on deals! You don't need $ for deals…we'll partner with you and hold your hand along the way! Learn More here: http://www.investorfuel.com/club   —--------------------

In this episode of the Coldwell Banker Commercial Podcast, host Dan Spiegel interviews Brandon Hall, a CPA specializing in commercial real estate, about tax strategies for property owners, investors, and developers. They discuss key concepts such as cost segregation, bonus depreciation, passive activity loss rules, and the benefits of a strong tax strategy when investing in real estate. Brandon shares insights from his journey in the accounting industry, highlighting how his experiences shaped his approach to tailored tax planning. He emphasizes the importance of strategic tax decisions, particularly during asset disposition, and the need for investors to work with qualified professionals to maximize tax benefits. The conversation also covers the 1031 exchange and proposed tax law changes impacting real estate investments.

Wealth building strategies are not just about making money, but keeping it, protecting it, and multiplying it.If you've been earning but not building wealth… if your financial house is held together with duct tape and crossed fingers… this episode is for you. It's time to stop flying solo and start following proven, integrated wealth building strategies that actually work.Loral's Takeaways:Tax and Legal Structure Issues (01:41)Property and Relocation Plans (02:55)Network Marketing and Income Streams (04:35)Family and Special Needs (06:22)Upcoming Events and Community Engagement (11:20)General Financial Advice and Tax Strategies (11:35)Generational Wealth and Estate Planning (13:35)Tax and Business Structure for W-2 Employees (15:24)Real Estate and Investment Strategies (16:34)Meet Loral Langemeier:Loral Langemeier is a money expert, sought-after speaker, entrepreneurial thought leader, and best-selling author of five books.Her goal: to change the conversations people have about money worldwide and empower people to become millionaires.The CEO and Founder of Live Out Loud, Inc. – a multinational organization — Loral relentlessly and candidly shares her best advice without hesitation or apology. What sets her apart from other wealth experts is her innate ability to recognize and acknowledge the skills & talents of people, inspiring them to generate wealth.She has created, nurtured, and perfected a 3-5 year strategy to make millions for the “Average Jill and Joe.” To date, she and her team have served thousands of individuals worldwide and created hundreds of millionaires through wealth-building education keynotes, workshops, products, events, programs, and coaching services.Loral is truly dedicated to helping men and women, from all walks of life, to become millionaires AND be able to enjoy time with their families.She is living proof that anyone can have the life of their dreams through hard work, persistence, and getting things done in the face of opposition. As a single mother of two children, she is redefining the possibility for women to have it all and raise their children in an entrepreneurial and financially literate environment. Links and Resources:Ask Loral App: https://apple.co/3eIgGcXLoral on Facebook: https://www.facebook.com/askloral/Loral on YouTube: https://www.youtube.com/user/lorallive/videosLoral on LinkedIn: https://www.linkedin.com/in/lorallangemeier/Money Rules: https://integratedwealthsystems.com/money-rules/Millionaire Maker Store: https://millionairemakerstore.com/Real Money Talks Podcast: https://integratedwealthsystems.com/podcast/Integrated Wealth Systems: https://integratedwealthsystems.com/Affiliate Sign-Up: https://integratedwealthsystems.com/affiliates Thanks for...

Every founder dreams of the big exit. But few are prepared for what comes next.Today's guest learned the hard way. Anastasia Koroleva sold her company for 9-figures, but instead of feeling free, everything got more complicated.She lost her identity. Made costly investment mistakes. And her marriage broke under the weight of post-exit stress.In this honest conversation, Anastasia opens up about the emotional aftermath of selling a business and the hidden challenges that come with sudden wealth.You'll learn why wealth often brings confusion instead of clarity, how overconfidence leads to poor investment decisions, and the patterns she's uncovered from interviewing hundreds of founders after they've successfully exited their business.If you're building toward an exit — or learning how to invest after one — this is the conversation most people wish they'd heard sooner.In this episode, you'll learn: ✅Why financial freedom doesn't always equal happiness—and the steps you can take to avoid feeling of emptiness post-exit.✅How to avoid common post-exit mistakes of investing in VC or angel investing without proper due diligence.✅The benefits of raising children who aren't entitled and teaching them about taking risks, the benefits of entrepreneurship and not being afraid to fail.Show Notes: LifestyleInvestor.com/239Tax Strategy MasterclassIf you're interested in learning more about Tax Strategy and how YOU can apply 28 of the best, most effective strategies right away, check out our BRAND NEW Tax Strategy Masterclass: www.lifestyleinvestor.com/taxStrategy Session For a limited time, my team is hosting free, personalized consultation calls to learn more about your goals and determine which of our courses or masterminds will get you to the next level. To book your free session, visit LifestyleInvestor.com/consultationThe Lifestyle Investor InsiderJoin The Lifestyle Investor Insider, our brand new AI - curated newsletter - FREE for all podcast listeners for a limited time: www.lifestyleinvestor.com/insiderRate & ReviewIf you enjoyed today's episode of The Lifestyle Investor, hit the subscribe button on Apple Podcasts, Spotify, or wherever you listen, so future episodes are automatically downloaded directly to your device. You can also help by providing an honest rating & review.Connect with Justin DonaldFacebookYouTubeInstagramLinkedInTwitterSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

With Warren Buffet announcing he'll be stepping down as the CEO of Berkshire Hathaway at the end of this year, Charlie and Peter discuss seven new lessons we can glean from his legacy. Plus, we've seen one of the most significant market rebounds in history since the bear market low in April. Is it a signal or just noise?

Episode Overview In this episode, John Kitchens sits down with seasoned investor Mark Zawaideh and strategic partner Curt Shewell to unpack what every real estate agent must understand about wealth, leverage, and building a portfolio that will lead you to true financial freedom. Mark shares how he scaled from broke agent to owning over 40 properties—and how one key mindset shift turned $600K in equity into $30M in assets. Together, they break down the dangerous myths agents believe about wealth, why owning a team is not a retirement plan, and how to start thinking like an investor starting today. Key Topics Covered The Scarcity Trap vs. Investor Mindset How Mark's early money beliefs kept him stuck (and how he broke free). The critical difference between “saving” and “scaling” through leverage. Why paying off properties early can actually kill your momentum. Using Real Estate As a Wealth Vehicle Why selling more homes won't build lasting wealth—and what will. How Mark scaled from 1 house to 43 rentals in under 10 years. Turning equity into cash flow: the power of 1031 exchanges and strategic refinancing. How to Make the Shift from Agent to Owner to Owning $100M Portfolio  The real risk: owning just 1-2 rental properties and no game plan. Why scaling to 30, 50, or 100+ doors creates less risk, not more. How to use your real estate business to find deals, not just earn commissions. Building Wealth Through Depreciation & Tax Strategy Why depreciation alone could be worth six figures in tax savings. How Mark paid zero in taxes—and got a refund—while earning 7 figures. The difference between earning more… and keeping more. Scaling Beyond Single-Family into Commercial & Multifamily How Mark turned four homes into a 48-unit apartment complex. The mindset shift from “buy and hold” to “scale and grow.” Multifamily vs. single-family: pros, cons, and what most agents miss. Why Real Estate Teams Are Not an Exit Strategy The hard truth about brokerage valuations and “team” exits. Why most teams become burdens, not assets, without investment income. Using your team to unlock opportunity—not just production. The Investor Mastermind & What's Coming Next How Mark and Curt are creating a community for agents ready to build wealth. Why most agents don't lack opportunity—they lack strategy and proximity. What to expect from their upcoming course, community, and coaching framework. Resources Mentioned Connect with John Kitchens Mark Zawaideh on Instagram: @soldbymarkz Book: The Psychology of Money by Morgan Housel Upcoming Investor Mastermind (details coming soon) 1031 Exchange Strategy + Tax Depreciation Insights “You don't need to sell more homes. You need to buy more real estate.” – Mark Zawaideh   Connect with Us: Instagram: @johnkitchenscoach LinkedIn: @johnkitchenscoach Facebook: @johnkitchenscoach   If you enjoyed this episode, be sure to subscribe and leave a review. Stay tuned for more insights and strategies from the top minds. See you next time!

Ready to take a deep dive and learn how to generate personal tax free cash flow from your corporation? Enroll in our FREE masterclass here and book a call hereAre you leveraging your assets the smart way here in Canada—or making it harder than it needs to be?Many Canadian business owners and investors have both corporate and personal assets—but few truly understand how to use leverage strategically across those borders. Whether you're planning for retirement, managing cash flow, or thinking about your legacy, the way you borrow and use leverage matters. In this episode, Kyle Pearce and Jon Orr break down real-life scenarios—including a case study with seasoned real estate investors—to reveal where people often go wrong with leveraging their assets, and how to shift from over-complication to clarity and control.Here's what you'll learn in this episode:The difference between easy leverage and hard leverage—and why simpler is often smarter.How to structure your assets so you can borrow without triggering unnecessary taxes.Why a properly positioned permanent insurance policy can unlock flexibility, boost legacy planning, and provide peace of mind when leveraging your assets.Hit play now to learn how to use leverage with intention and build a wealth plan that supports both your lifestyle and your legacy.Discover which phase of wealth creation you are in. Take our quick assessment and you'll receive a custom wealth-building pathway that matches your phase and learn our CRA compliant tax optimized strategies. Take that assessment here.Canadian Wealth Secrets Show Notes Page:Consider reaching out to Kyle…taking a salary with a goal of stuffing RRSPs;…investing inside your corporation without a passive income tax minimization strategy;…letting a large sum of liquid assets sit in low interest earning savings accounts;…investing corporate dollars into GICs, dividend stocks/funds, or other investments attracting corporate passive income taxes at greater than 50%; or,…wondering whether your current corporate wealth management strategy is optimal for your specific situation.As a Canadian entrepreneur, mastering your corporate structure optimization isn't just smart—it's essential for building long-term wealth in Canada. Whether you're juggling salary vs dividends, navigating personal vs corporate tax planning, or trying to squeeze the most from your RRSP tax savings, the key is a cohesive strategy. By leveraging corporate assets and integrating tools like insurance policies, the Smith Maneuver, and a smart investment bucket strategy, you can optimize cReady to connect? Text us your comment including your phone number for a response!Canadian Wealth Secrets is an informative podcast that digs into the intricacies of building a robust portfolio, maximizing dividend returns, the nuances of real estate investment, and the complexities of business finance, while offering expert advice on wealth management, navigating capital gains tax, and understanding the role of financial institutions in personal finance.

Get ready to rethink everything you know about taxes! In this episode, we dive into the weirdest — and totally legal — tax deductions you've probably never heard of. From backyard pools and body oil to pets that work for your business, we're breaking down the surprising ways people have saved big with the IRS. You'll hear fun stories, learn the rules behind these quirky tax breaks, and find out how they might even apply to you or your small business. It's not just about laughs — you'll walk away with real tax tips that could help you save money in 2025. Whether you're an entrepreneur, small business owner, or just someone curious about “IRS secrets,” this episode is packed with insights you don't want to miss. Tune in now and start seeing taxes in a whole new way!   Next Steps:

Join my Facebook group, Tax Strategies for Real Estate Investors, and become part of a community with 11,500+ high-level real estate investors► Join here: ⁠https://www.facebook.com/groups/taxstrategyforinvestors⁠In this episode, I sit down with John Bianchi and Taylor Jones to explore strategies for maximizing tax savings in real estate, leveraging short-term rental loopholes, and optimizing return on equity. We discuss actionable insights into material participation requirements, identifying favorable investment markets, and practical examples of tax-efficient property upgrades. The episode also features expert advice on managing financial records and preparing for potential audits.Timestamps:00:00:00 - Intro00:02:15 - The benefits of short-term rental tax loopholes00:10:45 - Material participation: Meeting IRS requirements00:18:30 - Identifying markets for tax-efficient investments00:26:20 - Understanding the importance of cost segregation00:34:15 - How to conduct a return on equity audit00:42:50 - Balancing cash flow and tax savings for portfolio growth00:51:30 - Preparing for audits: Financial records and credibility01:00:10 - Q&A: Common challenges and strategiesInterested in working with me? Apply here:► https://taxstrategy365.com/apply?el=podcastLet's connect!► Instagram: ⁠https://www.instagram.com/learnlikeacpa/⁠► LinkedIn: ⁠https://www.linkedin.com/in/learnlikeacpa/⁠► Twitter: ⁠https://x.com/LearnLikeaCPA⁠► Facebook: ⁠https://www.facebook.com/learnlikeacpa⁠► Tiktok: ⁠https://www.tiktok.com/@learnlikeacpa⁠*None of this is meant to be specific investment advice, it's for entertainment purposes only.

On this episode: Most of us want to retire and most of us want to STAY retired. Why are people going back to work in their 70s? Diving into your 401(k). What might be holding you back? One retirement strategy to grab onto with both hands. Like this episode? Hit that Follow button and never miss an episode!

Imagine that you're an entrepreneur who's already had an exit. You're working on a Master's degree at MIT's Entrepreneur Program, and then you get a call from a talent scout at Shark Tank.Not only that, but that phone call landed you a million-dollar investment from the Sharks for your restaurant business (still one of the top five deals ever to this day) and a seven-figure exit a few years later.That's just scratching the surface of why I'm excited to introduce you to my friend Yuen Yung. Yuen is a serial entrepreneur, investor, and the Co-Founder of HalBar Partners, a niche private equity firm specializing in a relatively unknown but powerful asset class: Search Funds.In our conversation, you'll hear the experience Yuen has gained from having several successful exists, why he believes that alternative investments and real estate offer better ROI and security than the public markets, and why his newest venture into search funds—an asset class averaging a 35% IRR—could be a game-changer for investors seeking higher multiples with the steady returns of private equity.In this episode, you'll learn: 1.) Why traditional stock market investing with 60/40 portfolios feels outdated—and why the ultra-wealthy are investing their money in alternative investments.2.) What Search Funds are and why this niche asset class differs from the more common private equity and venture capital investment opportunities—and why most people have never heard of them.3.) How Yuen earned a $1 million dollar investment on Shark Tank, despite initially turning down the opportunity and how he turned it into a 7-figure exit.Show Notes: LifestyleInvestor.com/238Tax Strategy MasterclassIf you're interested in learning more about Tax Strategy and how YOU can apply 28 of the best, most effective strategies right away, check out our BRAND NEW Tax Strategy Masterclass: www.lifestyleinvestor.com/taxStrategy Session For a limited time, my team is hosting free, personalized consultation calls to learn more about your goals and determine which of our courses or masterminds will get you to the next level. To book your free session, visit LifestyleInvestor.com/consultationThe Lifestyle Investor InsiderJoin The Lifestyle Investor Insider, our brand new AI - curated newsletter - FREE for all podcast listeners for a limited time: www.lifestyleinvestor.com/insiderRate & ReviewIf you enjoyed today's episode of The Lifestyle Investor, hit the subscribe button on Apple Podcasts, Spotify, or wherever you listen, so future episodes are automatically downloaded directly to your device. You can also help by providing an honest rating & review.Connect with Justin DonaldFacebookYouTubeInstagramLinkedInTwitterSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

In this episode of the Glide Longevity Podcast, Dr. Jeffrey Gladden and financier Kevin Gray discuss the intersection of longevity and finance. They explore how longevity impacts financial planning, the importance of understanding risk capacity versus risk tolerance, and the evolving concept of retirement. The conversation also delves into the implications of AI on the job market and investment strategies during uncertain times, emphasizing the need for continuous engagement and proactive planning in both health and wealth management. In this conversation, Kevin Gray and Dr. Jeffrey Gladden explore the evolving concept of retirement, emphasizing the shift towards a more engaged and fulfilling life post-career. They discuss the importance of work-life balance, the need for strategic tax planning, and the integration of wealth and estate planning. The role of family offices in managing wealth and adapting to a changing financial landscape is highlighted, along with the necessity of personalized strategies for first-time wealth creators. The discussion culminates in the holistic approach to health and wealth, underscoring the significance of longevity in financial planning.   For Audience ·       Use code 'Podcast10' to get 10% OFF on any of our supplements at https://gladdenlongevityshop.com/ !    Takeaways        Longevity impacts both health and financial planning.        Understanding risk capacity versus risk tolerance is crucial.        Retirement is evolving; continuous engagement is key.        Health investments can yield exponential returns.        AI will significantly change the job market.        Market timing is risky; dollar cost averaging is safer.        Planning for taxes is essential in financial strategies.        Personal health insights can reshape financial planning.        Investment strategies should adapt to market dynamics.        Wealth management must align with longevity goals. Retirement is evolving into a choice for continued engagement.        Clients often become busier and more fulfilled post-retirement.        Tax strategies are crucial for funding longevity services.        Asset location can significantly impact tax management.        Estate planning must align with long-term financial goals.        Family offices provide comprehensive wealth management solutions.        Adapting to a changing financial landscape is essential.        Personalized strategies are key for first-time wealth creators.        Health and wealth should be viewed holistically.        Longevity is becoming a central theme in financial planning.   Chapters 00:00 Introduction to Longevity and Finance 02:59 Risk Capacity vs. Risk Tolerance 05:50 Personal Health and Financial Planning 08:52 Reframing Retirement 12:00 The Role of AI and Market Dynamics 15:09 Investment Strategies in Uncertain Times 17:56 The Future of Work and Wealth 25:01 Redefining Retirement: The New Paradigm 27:04 Architecting Transitions: Work-Life Balance and Fulfillment 29:30 Tax Strategies for Longevity Services 32:02 Asset Location and Tax Management 34:28 Integrating Wealth and Estate Planning 37:17 The Role of Family Offices in Wealth Management 40:02 Adapting to a Changing Financial Landscape 42:52 Creating Personalized Wealth Strategies 46:07 Health and Wealth: A Holistic Approach 50:44 The Future of Longevity and Health Funding   To learn more about Kevin Gray: Email: kevin.gray@veracitycapital.com Website: veracitycapital.com LinkedIn: https://www.linkedin.com/company/veracity-capital/ Reach out to us at:    Website: https://gladdenlongevity.com/     Facebook: https://www.facebook.com/Gladdenlongevity/    Instagram: https://www.instagram.com/gladdenlongevity/?hl=en     LinkedIn: https://www.linkedin.com/company/gladdenlongevity    YouTube: https://www.youtube.com/channel/UC5_q8nexY4K5ilgFnKm7naw  

Unfiltered Q&A on Franchising and Business Growth with Franchise Genesis   The Entreprenudist Podcast https://entreprenudist.com Go behind the scenes at Franchise Genesis as business leaders take the stage for an unfiltered Q&A on what it really takes to grow a successful franchise. From overcoming early challenges to laying the right foundation for long-term growth, this panel dives into real experiences, honest advice, and practical steps for anyone considering the franchise path. Whether you're a first-time entrepreneur or ready to scale, this is the conversation you need to hear. Highlights include: • Business growth challenges • Lessons from real franchise journeys • Strategic tips from seasoned professionals

This discussion with Nik Fahrer, Director and Digital Assets practice leader at Forvis Mazars, and Shehan Chandrasekera, Head of Tax Strategy at CoinTracker, centers around the complexities of digital asset tax reporting. The conversation highlights the importance of accurate tracking and reporting of digital asset transactions, the nuances of the new regulations and the need for tax practitioners to stay informed and seek expert assistance. What you'll learn from this episode:   Current tax reporting regime for Form-DA, Digital Asset Proceeds From Broker Transactions. The distinctions between custodial and non-custodial brokers Anticipated compliance challenges due to the complexity of digital asset transactions. The importance of accurate tracking of digital asset transactions and cost basis, including why using software is a good idea. AICPA resources Digital assets and virtual currency tax guidance and resources — Sharpen your tax knowledge on digital asset and understand the tax complexities and strategies involved with virtual currency and cryptocurrency. Demystifying IRS guidance on digital assets | Tax Section Odyssey — This podcast episode from October 2024 discusses the details of IRS Rev. Proc. 2024-28. Other resources Final Regulations 2024-07-09 — Guidance on gross proceeds and basis reporting by brokers and determination of amount realized and basis for digital asset transactions. Rev. Proc. 2024-28 — Guidance to allocate basis in digital assets to wallets or accounts as of Jan. 1, 2025.

Send us a textThe Augusta Rule offers a legal way to transfer money from your business to yourself tax-free by renting your home to your business for up to 14 days per year. This often-overlooked tax strategy allows business owners to deduct the rental expense from their business while receiving tax-free personal income.• Rent your personal residence to your business for up to 14 days annually without paying personal tax on that income• Your business can deduct the rental payment as a legitimate business expense• Determine fair market rent by researching comparable event spaces in your area• Create and maintain a formal rental agreement between yourself and your business• Document each use with invoices and calendar entries• Pay yourself from your business account using traceable methods (transfers, checks, digital payments)• Monthly strategy sessions are ideal for implementing this strategy while staying under the 14-day limit• Take photos and keep notes from meetings as supporting documentation• Rental payments of approximately $1,000 per day are typical, depending on your locationSend this episode to a friend and let them know about What Your CPA Wants You to Know Podcast!Create a STAN Store - Click here to try it out!Here's where you can find us! Follow along on Instagram for lots of free content for business owners daily!Shop our business guides!Our Instagram PageOur family page

In this conversation, Jim Oliver and Auguste Auger discuss the generational differences in technology use, the journey into entrepreneurship, and the power of TikTok as a marketing tool. Auguste shares his experiences in user-generated content marketing and the importance of building a personal brand on social media. They explore how to create value and community through content, emphasizing the need for authenticity and consistency in online presence. 3 Key Takeaways: The TikTok Advantage: Auger explains how TikTok's short-form content, algorithm, and user engagement make it a high-leverage platform for brand exposure and organic marketing. Generational Perspective: Auger shares how growing up in a family of business owners and competing in sports cultivated both his entrepreneurial mindset and resilience at an early age. Marketing Through Authenticity: Auger outlines why blending advertisements into natural, personal content outperforms traditional ad strategies on platforms like TikTok. For more conversations that challenge traditional thinking and unlock new possibilities for financial independence, subscribe to Breakaway Wealth on your preferred platform. Connect with Auguste Auger: Discord: https://discord.gg/d9mXXCwPXU Twitter: x.com/toasty1k Instagram: www.instagram.com/tvtoasty

Many people move to warmer weather in retirement. What about moving to lower taxes? Some states like Florida and Texas can give you both. Is it worth it? Subscribe or follow so you never miss an episode! Learn more at GoldenReserve.com or follow on social: Facebook, LinkedIn and YouTube.See omnystudio.com/listener for privacy information.

On this episode: Some studies say people would rather die than run out of money. Golden Reserve can help with our Income Forecast. The "rich guys" sold stock to bolster their cash reserves. Should you do the same? Long Term Care policies are expensive, and the rates keep going up. What can you do? See omnystudio.com/listener for privacy information.

This week we hear from America’s Wealth Coach and bestselling author Pete D’Arruda. He’s got taxes on his mind. Joe Murphy has insites from this week in the market. Greg Berrian tackles Medicare and standard health care and helps us navigate through them. Kevin Brucher introduces us to a site called charity navigator and how you can use it to make sure your money is going to the best charity for you. A new Brokers Behaving Badly that we call from Texas Dudes to Texas Toast. To learn more visit Financial Pizza. For information on creating your own podcast visit Broadcasting Experts.See omnystudio.com/listener for privacy information.

In this episode of Coffee With Your Retirement Coach, Aaron, Nic, and Randy explain how to avoid operating out of fear and sticking with your plan amidst market volatility. They discuss overcoming financial fears, the value of knowledge and confidence, and the need for a comprehensive approach that includes tax planning and estate considerations. Listen to learn how to stick to the plan instead of being a big chicken! 00:00 Introduction: Facing Financial Fears 00:28 Meet the Hosts: Nic, Randy, and Aaron 00:59 The Importance of a Solid Financial Plan 01:58 Navigating Market Volatility 03:01 Retirement Planning Essentials 04:32 Understanding Market Pullbacks 06:48 The Role of Confidence in Investing 13:32 Beware of Financial Product Pitches 20:08 The Value of Diversification 22:19 Tax Strategies for Low Rates 22:57 Capital Gains and Market Opportunities 24:23 Diversifying Taxes and Investments 25:20 Retirement Tax Myths 31:49 Estate Planning Essentials 39:04 Taking Action and Enjoying Retirement 42:23 Final Thoughts and Encouragement *Episodes We Mentioned* Luck Is Not a Plan: https://youtu.be/IL-YLSklXPY?si=bd0NN5dPPJlaB_h1 Thank you for listening. If this episode resonated with you, please share it with someone who might find it helpful. Reach out with your thoughts or experiences—we'd love to hear from you. Have a question for the coach? Send it in to connect@yourretirementcoach.com Connect with us on Facebook: https://www.facebook.com/profile.php?id=100063585099972 Your Retirement Coach is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies.  Investments involve risk and, unless otherwise stated, are not guaranteed.  Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.

Imagine signing a $10M contract, only to see $2M after taxes, fees, and cuts?That's the reality for most pro athletes. And for many, it's just the beginning of financial missteps that can lead to bankruptcy just a few years after retiring.Today's guest is Tom Zheng—a former NFL sports scientist turned investor. He's also the Co-Founder & CEO of The Players Company, a platform helping professional athletes build real wealth through education, access, and smart investments.In this episode, Tom shares a behind-the-scenes look at how professional athletes are financially coached (or often misled), the growing role of private equity in sports, and how he's guiding athletes toward smarter financial futures through education and access to exclusive investment opportunities.Whether you're a sports fan, investor, or entrepreneur, this episode is packed with lessons about leverage, legacy, and building financial intelligence. In this episode, you'll learn: 1.) How Tom went from NFL sports science to investing in pro teams and building a player-owned private equity firm.2.) The financial traps most pro athletes fall into—and how The Players Company is solving them.3.) Why investing in sports teams and NIL assets isn't just for billionaires anymore—and what this means for everyday investors.Show Notes: LifestyleInvestor.com/237Tax Strategy MasterclassIf you're interested in learning more about Tax Strategy and how YOU can apply 28 of the best, most effective strategies right away, check out our BRAND NEW Tax Strategy Masterclass: www.lifestyleinvestor.com/taxStrategy Session For a limited time, my team is hosting free, personalized consultation calls to learn more about your goals and determine which of our courses or masterminds will get you to the next level. To book your free session, visit LifestyleInvestor.com/consultationThe Lifestyle Investor InsiderJoin The Lifestyle Investor Insider, our brand new AI - curated newsletter - FREE for all podcast listeners for a limited time: www.lifestyleinvestor.com/insiderRate & ReviewIf you enjoyed today's episode of The Lifestyle Investor, hit the subscribe button on Apple Podcasts, Spotify, or wherever you listen, so future episodes are automatically downloaded directly to your device. You can also help by providing an honest rating & review.Connect with Justin DonaldFacebookYouTubeInstagramLinkedInTwitterSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Unlock valuable insights for your legal practice and personal finances in this engaging episode. First, Zack explores the cutting edge of AI with Tanguy Chau from Paxton.ai, revealing how their innovative AI assistant is specifically built to streamline the often-daunting task of drafting legal documents. Discover the power of their multi-step modular process, designed to provide you with more coherent and relevant output, ultimately saving you time and enhancing your efficiency.  Then, get ready to transform your financial outlook as Stephanie Everett speaks with Darren Wurz about financial planning and wealth building tailored specifically for lawyers. We delve into essential mindset shifts, helping you define your financial goals and overcome the common hesitations around financial planning. Learn practical strategies to effectively manage your cash flow, build safety nets, and consciously avoid the trap of lifestyle creep that can hinder your long-term wealth accumulation.   We also explore smart investment diversification beyond traditional retirement accounts and uncover valuable tax planning strategies to ensure you're making the most of your earnings. Learn the importance of building a reliable team of financial experts, providing you with peace of mind and allowing you to focus on what you do best – practicing law and growing your firm. Tune in to gain practical knowledge that can impact your practice and your financial well-being.  Listen to our other episode about your firm's finances:  KPIs for Lawyers: Measuring Your Law Firm's Financial Health with Bernadette Harris  Apple Podcast | Spotify |  Lawyerist  Overcoming Personal Financial Struggles as a Lawyer, with Rho Thomas Apple Podcast |  Spotify | Lawyerist  Healthy Profits: Understanding the Story Your Numbers Tell, with Bernadette Harris Apple Podcast |  Spotify | Lawyerist    Have thoughts about today's episode? Join the conversation on LinkedIn, Facebook, Instagram, and X!  If today's podcast resonates with you and you haven't read The Small Firm Roadmap Revisited yet, get the first chapter right now for free! Looking for help beyond the book? See if our coaching community is right for you.  Access more resources from Lawyerist at lawyerist.com.  Links from the episode:   Paxton.ai Chapters/Timestamps:    00:00 - Introduction   00:20 - AI Prompt Tips with Zack Glaser and Stephanie Everett   06:22 - Sponsor Guest: Tanguy Chau from Paxton.ai on AI for Legal Document Drafting   18:12 - Financial Planning and Wealth Building for Lawyers   19:35 - Money Mindset and Defining "Enough"   21:42 - Overcoming Financial Hesitancy and Fear   24:38 - Importance of Cash Flow Management   30:34 - Diversification of Investments Beyond Traditional Retirement Accounts   33:08 - Tax Strategies and Planning for Business Owners   40:00 - Building a Team of Financial Experts  

Unlock valuable insights for your legal practice and personal finances in this engaging episode. First, Zack explores the cutting edge of AI with Tanguy Chau from Paxton.ai, revealing how their innovative AI assistant is specifically built to streamline the often-daunting task of drafting legal documents. Discover the power of their multi-step modular process, designed to provide you with more coherent and relevant output, ultimately saving you time and enhancing your efficiency.  Then, get ready to transform your financial outlook as Stephanie Everett speaks with Darren Wurz about financial planning and wealth building tailored specifically for lawyers. We delve into essential mindset shifts, helping you define your financial goals and overcome the common hesitations around financial planning. Learn practical strategies to effectively manage your cash flow, build safety nets, and consciously avoid the trap of lifestyle creep that can hinder your long-term wealth accumulation.   We also explore smart investment diversification beyond traditional retirement accounts and uncover valuable tax planning strategies to ensure you're making the most of your earnings. Learn the importance of building a reliable team of financial experts, providing you with peace of mind and allowing you to focus on what you do best – practicing law and growing your firm. Tune in to gain practical knowledge that can impact your practice and your financial well-being.  Listen to our other episode about your firm's finances:  KPIs for Lawyers: Measuring Your Law Firm's Financial Health with Bernadette Harris  Apple Podcast | Spotify |  Lawyerist  Overcoming Personal Financial Struggles as a Lawyer, with Rho Thomas Apple Podcast |  Spotify | Lawyerist  Healthy Profits: Understanding the Story Your Numbers Tell, with Bernadette Harris Apple Podcast |  Spotify | Lawyerist    Have thoughts about today's episode? Join the conversation on LinkedIn, Facebook, Instagram, and X!  If today's podcast resonates with you and you haven't read The Small Firm Roadmap Revisited yet, get the first chapter right now for free! Looking for help beyond the book? See if our coaching community is right for you.  Access more resources from Lawyerist at lawyerist.com.  Links from the episode:   Paxton.ai Chapters/Timestamps:    00:00 - Introduction   00:20 - AI Prompt Tips with Zack Glaser and Stephanie Everett   06:22 - Sponsor Guest: Tanguy Chau from Paxton.ai on AI for Legal Document Drafting   18:12 - Financial Planning and Wealth Building for Lawyers   19:35 - Money Mindset and Defining "Enough"   21:42 - Overcoming Financial Hesitancy and Fear   24:38 - Importance of Cash Flow Management   30:34 - Diversification of Investments Beyond Traditional Retirement Accounts   33:08 - Tax Strategies and Planning for Business Owners   40:00 - Building a Team of Financial Experts   Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode, John Harcar interviews Johnny Perez about strategies for real estate sellers to avoid capital gains taxes. Johnny shares his journey from the Marine Corps to the finance and insurance industry, emphasizing the importance of leveraging expertise and relationships in business. The conversation delves into the concept of capital gains, common mistakes sellers make, and effective strategies like the Deferred Sales Trust to mitigate tax liabilities. Johnny also discusses the pros and cons of these strategies and offers insights for real estate agents to enhance their services. Professional Real Estate Investors - How we can help you: Investor Fuel Mastermind:  Learn more about the Investor Fuel Mastermind, including 100% deal financing, massive discounts from vendors and sponsors you're already using, our world class community of over 150 members, and SO much more here: http://www.investorfuel.com/apply   Investor Machine Marketing Partnership:  Are you looking for consistent, high quality lead generation? Investor Machine is America's #1 lead generation service professional investors. Investor Machine provides true ‘white glove' support to help you build the perfect marketing plan, then we'll execute it for you…talking and working together on an ongoing basis to help you hit YOUR goals! Learn more here: http://www.investormachine.com   Coaching with Mike Hambright:  Interested in 1 on 1 coaching with Mike Hambright? Mike coaches entrepreneurs looking to level up, build coaching or service based businesses (Mike runs multiple 7 and 8 figure a year businesses), building a coaching program and more. Learn more here: https://investorfuel.com/coachingwithmike   Attend a Vacation/Mastermind Retreat with Mike Hambright: Interested in joining a “mini-mastermind” with Mike and his private clients on an upcoming “Retreat”, either at locations like Cabo San Lucas, Napa, Park City ski trip, Yellowstone, or even at Mike's East Texas “Big H Ranch”? Learn more here: http://www.investorfuel.com/retreat   Property Insurance: Join the largest and most investor friendly property insurance provider in 2 minutes. Free to join, and insure all your flips and rentals within minutes! There is NO easier insurance provider on the planet (turn insurance on or off in 1 minute without talking to anyone!), and there's no 15-30% agent mark up through this platform!  Register here: https://myinvestorinsurance.com/   New Real Estate Investors - How we can work together: Investor Fuel Club (Coaching and Deal Partner Community): Looking to kickstart your real estate investing career? Join our one of a kind Coaching Community, Investor Fuel Club, where you'll get trained by some of the best real estate investors in America, and partner with them on deals! You don't need $ for deals…we'll partner with you and hold your hand along the way! Learn More here: http://www.investorfuel.com/club   —--------------------

With much debate still surrounding whether we're heading into a recession, Charlie and Peter give their thoughts and share five tips for investing in the face of an economic downturn. Plus, is the international stock surge a signal or just noise?

In this episode, Ron Apke is joined by his personal accountant, Ashish Acharya, to break down everything land investors need to know about taxes and how to legally minimize your tax bill. Whether you're just getting started in land flipping or already scaling your business, this is a must-watch conversation that could save you tens of thousands in taxes every year.They cover key questions like: Should you get an LLC? When do you switch to an S-Corp? Plus, they explain how reinvesting your land profits into other real estate (like short-term or long-term rentals) could save you up to $100K in taxes.If you're flipping land and not thinking about taxes, you're doing it wrong.================================ 

Did you know your short-term rental could be a powerful tax-saving machine? In this episode, We sit down with Sean Graham—CPA, real estate investor, and cost segregation expert—to uncover how vacation rental owners can legally slash their tax bills using smart depreciation strategies. From bonus depreciation and the short-term rental loophole to material participation rules, Sean breaks down complex tax concepts in a way that actually makes sense (yes, really!). You'll learn how the IRS actually encourages real estate investors to succeed—and how a simple cost segregation study could save you thousands. Whether you're a high-income earner or just getting started in the rental game, this episode is packed with actionable insights to help you keep more money in your pocket and reinvest with confidence. Grab a pen. Take notes. This could change the way you invest. Things we discussed in this episode: Cost Segregation: Accelerates depreciation by breaking property into components with 5-, 7-, or 15-year lifespans instead of the standard 27.5 or 39 years. Bonus Depreciation: Allows large first-year write-offs for property improvements; phasing down to 40% in 2025. Short-Term Rental Loophole: Treats short-term rentals as active businesses, enabling high earners to offset W-2 income with depreciation. Material Participation: To claim active status, owners must spend 100+ hours and more time than anyone else on the property. Real Estate Professional Status (REPS): Requires 750+ hours annually in real estate to treat rental losses as active and offset other income. Tax Deferral: Investors can defer taxes by reinvesting gains and passing properties through inheritance with a step-up in basis. IRS Incentives: The IRS offers generous depreciation and tax breaks to encourage real estate investment. Cost Segregation Process: Engineering studies allocate costs to shorter-life components for faster depreciation. Co-Hosting Impacts: Using third-party managers can affect an owner's ability to meet material participation rules. Eligible Properties: Cost segregation works best for high-value short-term and long-term rentals with substantial improvements. Get in touch with Sean: Facebook - https://www.facebook.com/people/Maven-Cost-Segregation-Tax-Advisors/61570153671981/ LinkedIn - ⁠⁠https://www.linkedin.com/company/mavencostseg/ Instagram - ⁠⁠https://www.instagram.com/mavencostseg/ Website - ⁠⁠https://mavencostseg.com/ #SmartStayShow #realestate #realestateinvestor #realestateagent #RealEstateInvesting #ShortTermRentals #TaxStrategy #CostSegregation #BonusDepreciation #TaxSavings #RentalProperty #InvestmentTips #PassiveIncome #RealEstateWealth Follow Us! Join Jason Muth of Prideaway Stays and Straightforward Short-Term Rentals and Real Estate Attorney / Broker Rory Gill for the first episode of SmartStay Show! Following and subscribing to SmartStay Show not only ensures that you'll get instant updates whenever we release a new episode, but it also helps us reach more people who could benefit from the valuable content that we provide. SmartStay Show ⁠⁠Website⁠⁠ and on ⁠⁠Instagram⁠⁠ and⁠⁠ YouTube⁠⁠ Prideaway Stays ⁠⁠Website⁠⁠ and on ⁠⁠Facebook⁠⁠ and ⁠⁠LinkedIn⁠⁠ Straightforward Short-Term Rentals ⁠⁠Website⁠⁠ and on ⁠⁠Instagram⁠⁠ Attorney Rory Gill ⁠⁠on LinkedIn⁠⁠ Jason Muth on ⁠⁠LinkedIn⁠⁠ Hospitality.FM SmartStay Show is part of⁠⁠ Hospitality.FM⁠⁠, a podcast network dedicated to bringing the best hospitality-focused podcasts to those in and around the industry, from Food + Beverage, Guest Experience, Diversity & Inclusion, Tech, Operations, Hotels, Vacation Rentals, Real Estate Law, and so much more!

In this episode of the podcast, the host welcomes Ari Taublieb CFP, the host of the Early Retirement Podcast, to discuss the ins and outs of early retirement. Ari shares his journey from a would-be professional soccer player to a certified financial planner disenchanted with traditional financial strategies aimed at the ultra-wealthy. He critiques the FIRE (Financial Independence, Retire Early) movement, advocating instead for Financial Independence and Recreational Employment. Ari emphasizes the importance of planning for personalized financial goals rather than adhering to broad and often misleading retirement formulas. The discussion covers a wide range of topics including the utility of brokerage accounts, the impact of taxes on retirement planning, and the 4% rule. Ari offers practical advice on achieving financial independence without sacrificing quality of life, while also offering resources like his Early Retirement Academy to help listeners design their own early retirement plans. 00:00 Welcome and Introduction to the Guest 00:39 Ari's Perspective on Early Retiremen t 02:37 Ari's Journey to Early Retirement Advocacy 04:51 Advice for Nurses Considering Early Retirement 06:09 The Power of Investing for Early Retirement 09:40 Planning for Big Expenses in Retirement 12:46 Critique of the 4% Rule and Alternative Strategies 15:04 Navigating Market Fluctuations in Retirement 15:34 The 4% Rule and Financial Flexibility 16:32 When to Seek Financial Advice 17:45 The Importance of Self-Education in Finance 18:41 Investment Accounts for Early Retirement 20:33 Tax Strategies for Early Retirement 23:05 Planning for Early Retirement 25:16 Redefining Retirement and Personal Goals 27:58 Resources and Recommendations To connect with Ari: @earlyretirementari If you want to learn about FI/RE movement, Register Here to access the FI/RE for Nurses Workshop Replays + bonuses Scrubs and Stocks Podcast is a podcast hosted by Ellaine Maala, RN, NP who is a finance educator, nurse, and owner of NursingFlowsheet LLC, which is a finance and career blog for nurses. This podcast is created to help nurses build wealth through investing in the stock market, real estate or in their own businesses. Nurses deserve options whether they want to retire early or work until retirement. If you want to connect with Ellaine, follow her on: Instagram: @nursewhoinvests TikTok: @nursewhoinvests Blog: nursingflowsheet.com , nursewhoinvests.com Download my free checklist on what you need to do before investing: PREREQ CHECKLIST “Stay Hydrated and Stay Invested!” - your rich nurse bestie SHOW DISCLAIMER: This show may contain affiliate links or links from advertisers where we earn a commission, direct payment or products. Information shared on this podcast is for entertainment purposes only and should not be considered as professional advice. The views and opinions expressed by guests on this platform are their own and do not reflect the views or opinions of the institutions with which they are affiliated. Any information provided by guests is intended for informational and discussion purposes only. It is important to note that individual perspectives may vary. The hosts and the platform do not endorse or validate the opinions expressed by guests regarding their respective institutions. Listeners are encouraged to independently verify any information provided and to form their own opinions based on a comprehensive consideration of various perspectives. Opinions are our own.

Wealth isn't built by cutting lattes and pinching pennies. It's built by leveraging smart structures, expanding your income streams, and thinking beyond traditional rules.Whether it's turning your current skills into a scalable business or realizing that your financial advisor might be the reason you're stuck, this episode gives you clear next steps to break free from the employee mindset.You'll learn how to move into entrepreneurship, discover smart ways to fund your next big idea, and restructure your finances so you stop overpaying in taxes—paving the way to true financial freedom.If you're ready to move beyond just earning a paycheck and start building lasting financial freedom, this conversation is meant for you.Loral's Takeaways:Roger's Financial Situation and Business Potential (00:00)Financial Advice and Tax Strategies (03:07)Ivan's Film Business Plan (04:41)Nate's Excavation Business (06:37)Stefani's Crypto Investments (11:31)Meet Loral Langemeier:Loral Langemeier is a money expert, sought-after speaker, entrepreneurial thought leader, and best-selling author of five books.Her goal: to change the conversations people have about money worldwide and empower people to become millionaires.The CEO and Founder of Live Out Loud, Inc. – a multinational organization — Loral relentlessly and candidly shares her best advice without hesitation or apology. What sets her apart from other wealth experts is her innate ability to recognize and acknowledge the skills & talents of people, inspiring them to generate wealth.She has created, nurtured, and perfected a 3-5 year strategy to make millions for the “Average Jill and Joe.” To date, she and her team have served thousands of individuals worldwide and created hundreds of millionaires through wealth-building education keynotes, workshops, products, events, programs, and coaching services.Loral is truly dedicated to helping men and women, from all walks of life, to become millionaires AND be able to enjoy time with their families.She is living proof that anyone can have the life of their dreams through hard work, persistence, and getting things done in the face of opposition. As a single mother of two children, she is redefining the possibility for women to have it all and raise their children in an entrepreneurial and financially literate environment. Links and Resources:Ask Loral App: https://apple.co/3eIgGcXLoral on Facebook: https://www.facebook.com/askloral/Loral on YouTube: https://www.youtube.com/user/lorallive/videosLoral on LinkedIn: https://www.linkedin.com/in/lorallangemeier/Money Rules: https://integratedwealthsystems.com/money-rules/Millionaire Maker Store: https://millionairemakerstore.com/Real Money Talks Podcast: https://integratedwealthsystems.com/podcast/Integrated Wealth Systems: https://integratedwealthsystems.com/Affiliate Sign-Up:

What if every decision you made was actually predetermined, shaped by a story your nervous system wrote years ago? Well, the science suggests that our emotional programming starts in the womb.Today's guest calls it the “ghost in the machine” and has spent 20+ years helping people rewrite it.In this episode, I'm talking with Joey Klein—Founder of Inner Matrix Systems and a globally recognized transformation expert. Joey has trained over 84,000 people, from Fortune 500 execs to pro athletes, to rewire the emotional and mental patterns quietly shaping their behavior. His work blends neuroscience, psychology, and mindfulness to create real, lasting change from the inside out.Together, we explore how these subconscious imprints silently drive your decisions—often sabotaging success in business, relationships, and everyday life. If you want to rewire your inner programming, get unstuck, and create meaningful success in every area of life, you're going to love this episode. In this episode, you'll learn: ✅ How a near-death experience at 19 launched Joey's journey into inner work—and why emotional mastery, not hustle, is the key to lasting success.✅ What the “ghost in the machine” really is—and how subconscious emotional imprinting silently drives your decisions.✅ How Joey helped a top Hollywood executive break through years of creative roadblocks by rewiring his internal belief system.✅ Why your nervous system is just as trainable as your muscles—and how to strengthen it to access clarity, calm, and peak performance.Show Notes: LifestyleInvestor.com/236Tax Strategy MasterclassIf you're interested in learning more about Tax Strategy and how YOU can apply 28 of the best, most effective strategies right away, check out our BRAND NEW Tax Strategy Masterclass: www.lifestyleinvestor.com/taxStrategy Session For a limited time, my team is hosting free, personalized consultation calls to learn more about your goals and determine which of our courses or masterminds will get you to the next level. To book your free session, visit LifestyleInvestor.com/consultationThe Lifestyle Investor InsiderJoin The Lifestyle Investor Insider, our brand new AI - curated newsletter - FREE for all podcast listeners for a limited time: www.lifestyleinvestor.com/insiderRate & ReviewIf you enjoyed today's episode of The Lifestyle Investor, hit the subscribe button on Apple Podcasts, Spotify, or wherever you listen, so future episodes are automatically downloaded directly to your device. You can also help by providing an honest rating & review.Connect with Justin DonaldFacebookYouTubeInstagramLinkedInTwitterSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Welcome to the Know Your Numbers REI Podcast! In this episode, host Chris McCormack, CPA, MBA, and certified tax planner, dives deep into the world of tax strategies that can benefit everyone, regardless of income level.Are you an entrepreneur, business owner, or real estate investor feeling overwhelmed by taxes? Chris shares his journey from working at PwC, one of the largest accounting firms, to founding Better Books Accounting, where he helps clients navigate the complexities of taxes and accounting.Join us as we dispel the myth that tax planning is only for the wealthy and empower you to take control of your financial future.Don't forget to follow, leave a five-star rating and review for more insights on real estate investing and tax planning!••••••••••••••••••••••••••••••••••••••••••••➤➤➤ To become a client, schedule a call with our team➤➤ https://www.betterbooksaccounting.co/contact••••••••••••••••••••••••••••••••••••••••••••Connect with Chris McCormack on Social MediaFacebook: https://www.facebook.com/chrismccormackcpaLinkedIn: https://www.linkedin.com/in/chrismccormackcpaInstagram: https://www.instagram.com/chrismccormackcpaJoin our Facebook Group: https://www.facebook.com/groups/6384369318328034→ → → SUBSCRIBE TO BETTER BOOKS' YOUTUBE CHANNEL NOW ← ← ← https://www.youtube.com/@chrismccormackcpaThe Know Your Numbers REI podcast is for general information purposes only and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. Information on the podcast may not constitute the most up-to-date legal or other information. No reader, user, or listener of this podcast should act or refrain from acting on the basis of information on this podcast without first seeking legal and tax advice from counsel in the relevant jurisdiction. Only your individual attorney and tax advisor can provide assurances that the information contained herein – and your interpretation of it – is applicable or appropriate to your particular situation. Use of, and access to, this podcast or any of the links or resources contained or mentioned within the podcast show and show notes do not create a relationship between the reader, user, or listener and podcast hosts, contributors, or guests.

Taxes don't stop when your paycheck does, and they certainly don't skip your heirs. In this episode, David tackles two common listener questions that reveal just how much tax strategy plays into smart retirement and estate planning. If you've been worried about how much your kids will owe in inheritance taxes or if you're sitting on a pile of tax-deferred savings, David offers practical tips on ways to help you avoid getting a surprise tax bill. Here's some of what we discuss in this episode:

If your CPA only talks to you once a year, you're not building wealth—you're playing financial whack-a-mole. Chris Sands of Pro-Fi 20/20 joins Everyday Practices to expose the biggest blind spots in dental accounting, from surprise tax bills to missed strategy.

In today's episode of the Sunlight Podcast, I'm sharing why it's so important to review your tax return—even after you've filed. We'll also chat about the power of taking a digital detox during the busy tax season to help you reset and recharge. I'll walk you through how to understand the key sections of your tax return, what tax estimates really mean, and how to reconcile what you owed with what you paid. Plus, I'm offering some simple, practical strategies for adjusting your future payments if your income changes—so you can feel more confident, prepared, and in control come tax time. Whether you're self-employed or just trying to make sense of your finances, this episode is here to support you! Also mentioned in today's episode:  00:00 Digital Detox: A Refreshing Break 02:02 Post-Tax Filing: Key Steps for Improvement 07:16 Understanding Your Tax Return: Key Insights 12:07 Adjusting for Future Taxes: Strategies for Success 15:43 Resources for Tax Management: Programs and Support   Takeaways Digital detox can improve mental clarity during tax season. Reviewing your tax return is crucial for financial planning. Understanding your tax return helps avoid future whammies. Taxes are retroactive; you only know your tax rate after the year ends. Your total tax owed is reconciled with what you've paid throughout the year. Aim to have your tax payments equal your total tax owed. Adjust your estimated taxes based on income fluctuations. Self-employed individuals must be proactive with tax payments. Utilizing tax programs can simplify the filing process. Seek help from tax education programs for better understanding.   If you enjoyed this episode, please rate, review and share it!  Every review makes a difference by telling Apple or Spotify to show the Sunlight podcast to new audiences.   Links: Link to pre-order my book, Taxes for Humans: Simplify Your Taxes and Change the World When You're Self-Employed. My On-demand class: Make Taxes Easier and Stash an Extra $152k in Your Savings Check out my program, Money Bootcamp Sunlight Podcast Episodes about Quarterly Taxes: Two Myths About Quarterly Taxes Avoid a Tax Bill: How to Start Estimated Quarterly Taxes How to Pay Quarterly Taxes When Your Income Changes

In this episode of the Real Estate Pros podcast, host Mike Stansberry interviews Andre Blackwell, founder and CEO of Dream again. Andre shares his inspiring journey from a challenging childhood in Section 8 housing to becoming a successful entrepreneur in real estate and financial literacy. He discusses the importance of curiosity in understanding money, the strategies he teaches others for financial success, and his expansion into business ventures like franchises. Andre emphasizes the significance of mentorship, the lessons learned from his past, and his commitment to being a present father for his sons. The conversation highlights the challenges of entrepreneurship and the importance of continuous growth and learning.   Professional Real Estate Investors - How we can help you: Investor Fuel Mastermind:  Learn more about the Investor Fuel Mastermind, including 100% deal financing, massive discounts from vendors and sponsors you're already using, our world class community of over 150 members, and SO much more here: http://www.investorfuel.com/apply   Investor Machine Marketing Partnership:  Are you looking for consistent, high quality lead generation? Investor Machine is America's #1 lead generation service professional investors. Investor Machine provides true ‘white glove' support to help you build the perfect marketing plan, then we'll execute it for you…talking and working together on an ongoing basis to help you hit YOUR goals! Learn more here: http://www.investormachine.com   Coaching with Mike Hambright:  Interested in 1 on 1 coaching with Mike Hambright? Mike coaches entrepreneurs looking to level up, build coaching or service based businesses (Mike runs multiple 7 and 8 figure a year businesses), building a coaching program and more. Learn more here: https://investorfuel.com/coachingwithmike   Attend a Vacation/Mastermind Retreat with Mike Hambright: Interested in joining a “mini-mastermind” with Mike and his private clients on an upcoming “Retreat”, either at locations like Cabo San Lucas, Napa, Park City ski trip, Yellowstone, or even at Mike's East Texas “Big H Ranch”? Learn more here: http://www.investorfuel.com/retreat   Property Insurance: Join the largest and most investor friendly property insurance provider in 2 minutes. Free to join, and insure all your flips and rentals within minutes! There is NO easier insurance provider on the planet (turn insurance on or off in 1 minute without talking to anyone!), and there's no 15-30% agent mark up through this platform!  Register here: https://myinvestorinsurance.com/   New Real Estate Investors - How we can work together: Investor Fuel Club (Coaching and Deal Partner Community): Looking to kickstart your real estate investing career? Join our one of a kind Coaching Community, Investor Fuel Club, where you'll get trained by some of the best real estate investors in America, and partner with them on deals! You don't need $ for deals…we'll partner with you and hold your hand along the way! Learn More here: http://www.investorfuel.com/club   —--------------------

In this episode, I sit down with Brett Swarts, founder of Capital Gains Tax Solutions, to talk about how business owners can legally avoid big tax bills when they sell their business, real estate, or even Bitcoin. Brett shares how a smart tool called the Deferred Sales Trust helps people keep more of their money — and not hand it over to the IRS. He shares powerful stories, including how one mistake cost a family $50 million and how that could have been avoided. We also talk about the big differences between outdated tax moves like the 1031 exchange and newer, smarter options. If you're planning to sell a big asset one day (or already are), this episode will help you protect your hard-earned money and grow your wealth wisely. Don't miss this eye-opening conversation that could change your financial future!   Next Steps: ✅ Connect with Brett Swarts

Most people run from problems. Preston Brown builds businesses around them.He believes every sale is simply a solution to a problem—and if you can solve enough of them, you can build real wealth without sacrificing your time, health, or freedom.Preston is a prolific entrepreneur and systems thinker who automates, optimizes, and scales companies across real estate, lending, construction, and service industries. He's built a 9-figure portfolio of cash-flowing businesses by identifying everyday frustrations and turning them into opportunities through strong systems and self-managed teams.In this episode, you'll learn how Preston structures his businesses so they don't depend on him to operate, how to spot hidden profit leaks in your operations, and how to turn recurring problems into scalable income streams—all while freeing up your time to focus on what matters most.In this episode, you'll learn: 1.) The “4 Flows of Capacity” framework that fixes broken businesses fastMost business owners don't know where they're bleeding time, money, or energy. Preston shares his simple but powerful system—Leads, Sales, Delivery, Cash—and how identifying the weakest link in these flows can unlock exponential growth.2.) Why Return on Time (ROT) is the new ROI—and how to design your business around itYou'll learn how Preston optimizes for time freedom, not just profit—and how applying ROT, ROM (Return on Marketing), and ROE (Return on Emotion) has helped him build a business portfolio that supports his lifestyle, not consumes it.3.) How he turned a $12M lawsuit into the best thing that ever happened to his companyWhen a shady developer put Preston's real estate empire at risk, he could've folded. Instead, he went public, led with integrity, and earned even more trust from banks and partners—proving that doing the right thing when no one's looking is the ultimate business strategy.Show Notes: LifestyleInvestor.com/235Tax Strategy MasterclassIf you're interested in learning more about Tax Strategy and how YOU can apply 28 of the best, most effective strategies right away, check out our BRAND NEW Tax Strategy Masterclass: www.lifestyleinvestor.com/taxStrategy Session For a limited time, my team is hosting free, personalized consultation calls to learn more about your goals and determine which of our courses or masterminds will get you to the next level. To book your free session, visit LifestyleInvestor.com/consultationThe Lifestyle Investor InsiderJoin The Lifestyle Investor Insider, our brand new AI - curated newsletter - FREE for all podcast listeners for a limited time: www.lifestyleinvestor.com/insiderRate & ReviewIf you enjoyed today's episode of The Lifestyle Investor, hit the subscribe button on Apple Podcasts, Spotify, or wherever you listen, so future episodes are automatically downloaded directly to your device. You can also help by providing an honest rating & review.Connect with Justin DonaldFacebookYouTubeInstagramLinkedInTwitterSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Tax strategy is the most overlooked aspect of financial planning, yet it could save you thousands over your lifetime by minimizing your total tax burden rather than just focusing on this year's bill.• Roth conversions let you pay taxes at potentially lower rates now to avoid higher taxes later in life• Asset location matters – keep growth investments in Roth accounts and more conservative assets in brokerage accounts• Health insurance premium planning can drastically reduce your healthcare costs through ACA subsidies• Capital gains harvesting allows married couples to realize up to $96,700 in gains tax-free each year• The standard deduction adds another $30,000 of tax-free money, meaning you could potentially generate $126,700 with zero tax liabilityIf this was helpful, please reach out at ari@rootfinancialpartners.com. If you'd like a custom strategy, you can apply to work with Root Financial Partners. For those 5-10 years from retirement, check out the Early Retirement Academy for software, courses and tools to help you prepare.Create Your Custom Early Retirement Strategy HereGet access to the same software I use for my clients and join the Early Retirement Academy hereAri Taublieb, CFP ®, MBA is the Chief Growth Officer of Root Financial Partners and a Fiduciary Financial Planner specializing in helping clients retire early with confidence. “Early Retirement – Financial Freedom” is a podcast produced by Root Financial Partners, an SEC-registered investment adviser. The content provided is for informational and educational purposes only. It should not be interpreted as investment, legal, or tax advice. I may reference planning situations based on real client experiences, but they've been simplified for clarity. Always consult your own financial advisor before making decisions. Listening to this podcast does not create or imply an advisory relationship with Root Financial. Investing involves risk, including the potential loss of principal. Past performance does not guarantee future results. Testimonials and endorsements do not reflect all client experiences and are not compensated. Learn more at our website or by reviewing our Form ADV at https://adviserinfo.sec.gov.

In this episode of ChooseFI, hosts Brad and Sean Mulaney dive deep into tax strategies crucial for financial independence, focusing on tax basketing, asset location, and effective use of retirement accounts. The conversation includes recent changes regarding 529 plans funding Roth IRAs and reassurances for those starting their financial journey at any age. FI Tax Guy | What to know about the ins and outs of the new SECURE 2.0 529-to-Roth IRA rollover provision Read Article  Fidelity's 529 Withdrawal Guide The Shockingly Simple Math Behind Early Retirement Schwab Guide on How to Sell Specific Lots Note from Sean Sean also wanted to clarify that in order to qualify to use the IRS Joint Life and Last Survivor Expectancy table to compute required minimum distributions for the older spouse, the older spouse must be more than 10 years older than the younger spouse and the younger spouse must be the 100 percent primary beneficiary. Key Topics Discussed: Question from Jay regarding tax strategies 00:00:53 Exploration of tax drag vs. tax strategies for high savings rates Discussion on Tax Basketing 00:01:38 Explanation of asset location and tax implications for early retirees Query about 529 Plans and Roth IRA Conversions 00:10:59 Recent changes in Secure Act 2.0 regarding 529 accounts Advice for Starting Financial Independence at Age 35 00:17:42 Encouragement that it's never too late to start financial independence Explaining Capital Gains and Taxation 00:25:23 Understanding tax on gains from asset sales and strategies for minimizing it Options for Late Savers 00:30:27 Discussion on optimal retirement account strategies at different life stages Final Thoughts and Resources 00:51:12 Recap and resources for listeners to further explore these topics Actionable Takeaways: Consider tax basketing to optimize your investment strategy in retirement accounts. 00:10:04 Explore Roth conversions annually to potentially minimize RMDs and tax burdens. 00:36:46 Start your financial independence journey today, regardless of your current age or financial situation. 00:22:10 Key Quotes: "Tax drag isn't really much of a thing at all." 00:03:07 "It literally takes $0 to start." 00:18:22 "This is an opportunity, not a problem." 00:10:04 "You do not need a backdoor Roth IRA." 00:24:11 "It's never too late to start on the path to FI." 00:22:41 Timestamps: 00:00:53 Tax Strategies 00:01:38 Tax Basketing Discussion 00:10:59 Roth IRA from 529 Plans 00:17:42 Starting at Age 35 00:25:23 Capital Gains Taxation 00:30:27 Strategies for Late Savers 00:51:12 Final Thoughts Discussion Questions: How can tax basketing improve your investment strategy? 00:10:01 What steps can you take to maximize the benefits of a backdoor Roth IRA? 00:24:11 What financial actions can individuals take today to start their path to financial independence? 00:22:10 FAQs: What is tax basketing? Tax basketing refers to the strategic allocation of various asset types (Roth, traditional, taxable) to minimize tax liabilities. 00:10:01 How does the Secure Act 2.0 affect 529 plans? The Secure Act 2.0 allows for up to $35,000 from 529 plans to be transferred to a beneficiary's Roth IRA. 00:11:21 Is it too late to start financial independence at age 35? Absolutely not; starting at 35 can still lead to successful financial independence with the right strategies. 00:22:10

Today we are talking with a CRNA who has become a millionaire! She is 18 years out of training and now has more than a million dollars in retirement accounts. Her story is a great example that if you just keep saving, and you keep increasing your income, and give it time, you will become a millionaire. You don't have to do anything fancy. She recommends that you really advocate for yourself to get paid what you deserve. Increasing her income has made a huge impact on how much she could save. She also feels strongly that you should know what you value and spend your money on that and not on the things you don't. After the interview we will be talking about tax strategy for finance 101. Full disclosure, below is a sponsored promotion for Locumstory.com. But the weird thing here is there's nothing they're trying to sell you. Locumstory.com is simply a free, unbiased educational resource about locum tenens – it's not an agency. They simply exist to answer your questions about the how-to's of locums on their website, podcast, webinars, videos, and they even have a locums 101 crash course. Learn about locums and get insights from real-life physicians, PAs and NPs at https://Locumstory.com The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you! Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones  Main Website: https://www.whitecoatinvestor.com  Student Loan Advice: https://studentloanadvice.com  YouTube: https://www.whitecoatinvestor.com/youtube  Facebook: https://www.facebook.com/thewhitecoatinvestor  Twitter: https://twitter.com/WCInvestor  Instagram: https://www.instagram.com/thewhitecoatinvestor  Subreddit: https://www.reddit.com/r/whitecoatinvestor  Online Courses: https://whitecoatinvestor.teachable.com  Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter 

#598: Tax day is approaching, and if you're like most people, you might be overlooking deductions that could save you money. In our latest podcast episode, tax strategist Natalie Kolodij joins us to reveal common tax misconceptions and share strategies that could potentially lower your tax bill. "The tax code is 70,000 pages," Natalie explains. "There's so much. So I really like to have people focus on a handful of things to be mindful of." For W-2 employees who often have fewer tax advantages, Natalie highlights several overlooked deductions. If you live in a state without income tax (like Florida or Washington), you can deduct sales tax instead — especially on major purchases. Don't forget about personal property taxes on vehicles, boats or RVs either. Medical expenses can be deductible, but only amounts exceeding 7.5 percent of your adjusted gross income. Natalie suggests consolidating elective procedures into a single tax year to maximize this benefit. Charitable deductions offer surprising opportunities too. Miles driven while volunteering, expenses from fostering animals, and even home renovation materials donated to organizations like Habitat for Humanity can all qualify. Natalie also explains how "bunching" donations in alternate years can significantly increase tax savings compared to giving the same amount annually. The interview tackles major misconceptions about selling your primary residence. While many believe living in a home for two years makes all gains tax-free, Natalie clarifies that any "non-qualified use" periods (like when it was a rental property) can still be taxable. For small business owners and real estate investors, Natalie recommends tracking all business-related expenses — even seemingly minor ones like industry-related books or educational materials. She emphasizes the importance of proper record-keeping and having separate accounts for business expenses. As we navigate tax law changes following the recent election, Natalie's advice rings true: maintain flexibility in your tax planning and consider working with professionals who specialize in your specific situation. Timestamps: Note: Timestamps will vary on individual listening devices based on dynamic advertising run times. The provided timestamps are approximate and may be several minutes off due to changing ad lengths. (0:00) Intro to tax day discussion (2:46) Common tax savings for W-2 employees (4:12) Standard vs itemized deductions explained (5:46) Often forgotten property tax deductions (6:58) Sales tax deductions for no-income-tax states (9:06) Medical expense deduction thresholds (12:53) Charitable giving strategies and overlooked deductions (17:51) Bunching donations in alternate years (22:20) Home sale tax exclusion misconceptions (30:44) Tax withholding changes and common mistakes (44:35) Bonus payment tax myths debunked (52:52) Finding the right tax professional (1:02:02) Small business and real estate investor tips (1:09:38) Best practices for tax record keeping (1:15:14) Preparing for potential tax code changes Learn more about your ad choices. Visit podcastchoices.com/adchoices