Podcast appearances and mentions of tracey wilson

Tracey Wilson is the Vice President of Public Relations with the Canadian Coalition for Firearm Rights. She discusses not only the work of the CCFR, but also their struggles in holding the government accountable in their quest to disarm Canadians.

Dustin, Tony, Adriel, Kyle, and Kelly are joined by the  @CCFRtv  ‘s Tracey Wilson to talk about the upcoming Canadian Federal election The post Episode 598 – Election Coverage with Tracey Wilson appeared first on Slam Fire Radio.

Dustin, Tony, Adriel, Kyle, and Kelly are joined by the CCFR's Tracey Wilson to talk about the upcoming Canadian Federal election The post Episode 598 – Election Coverage with Tracey Wilson appeared first on Slam Fire Radio.

Brian Lilley guest hosts the show and discusses the latest on the tariff situation after both Ford and Trump walk back tariff increases. Then, Vass Bednar discusses AI-driven advertisements on streaming services. Then, Tracey Wilson joins the show to discuss gun policy in Canada.

Tracey Wilson from the CCFR is on to talk about their legal appeal this week and how it went. Tony shares his story of an out of battery detonation, Adriel's waiting for the mail, and Dave is being random. The post Episode 585 – CCFR Court Case Appeal Update with Tracey appeared first on Slam Fire Radio.

Greg Brady focused in on Remembrance Day - a day where we honour those who stand on guard to protect our freedom and asked you about Remembrance day in schools. Next, There is a controversial vigil for a slain Hamas leader taking place in Mississauga. Brad Butt, Mississauaga Councillor for Ward 11, joins us to discuss this contentious gathering to commemorate the passing of a terrorist. Lastly, Tracey Wilson, a friend of the show, who has had great difficulty finding a family doctor.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Greg Brady focused in on Remembrance Day - a day where we honour those who stand on guard to protect our freedom and asked you about Remembrance day in schools. Next, There is a controversial vigil for a slain Hamas leader taking place in Mississauga. Brad Butt, Mississauaga Councillor for Ward 11, joins us to discuss this contentious gathering to commemorate the passing of a terrorist. Lastly, Tracey Wilson, a friend of the show, who has had great difficulty finding a family doctor.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Recently on the program we spoke to a gun control advocate about the need for stronger enforcement of Bill C-21 to reduce the death by domestic violence. However, gun rights lobbyists contend that the bill should be repealed. Host Nav Nanwa spoke to Tracey Wilson, spokesperson for the Canadian Coalition for Firearms Rights, about her views on the bill and why the push for a repeal.We are just over a week away from the provincial byelection in the Bay of Quinte. There are seven candidates in the running to replace M-P-P Todd Smith after he resigned a few months ago. Host Nav Nanwa has been speaking to the leading 4 candidates and today he was joined by NDP candidate Amanda Robertson to discuss her platform. She is also the vice chair of the Hastings and Prince Edward District School Board.A young mother in Scotland leaves her children outside a pub and sail across the Atlantic to start a new life all over the rural parts of Ontario country. Decades later, descendant Jamie Lees spent 20 years piecing the story together and is now taking it back to scotland. The story is soon to be adapted into an exhibition in Dundee, Scotland along with a play and  even a graphic novel. Host Nav Nanwa spoke to her about this incredible journey.Untapped 60 is the new book written by Canada's only above-knee full-time firefighter and his best friend. It is the story of a firefighter, a life altering experience, and a profound shift in perspective. Host Nav Nanwa spoke to His  best friend and co-author Jarett Robertson about the story.

Send us a Text Message.Transform your business approach by mastering the art of podcast guesting! How can you effectively promote your business while adding immense value to a podcast host's audience? Join me, Tracey Wilson, as I unpack the essential strategies to shift your mindset and embrace the role of a podcast guest. Understand the unique benefits of being a guest versus hosting your own show, and gain practical tips for preparing impactful guest appearances that resonate with listeners and expand your network.Ever wondered what makes a media kit irresistible to podcast hosts? This episode takes you through the crucial elements of creating an engaging one-sheet, from crafting a captivating personal tagline to developing proprietary content frameworks. Learn the importance of having a curated list of questions ready to manage the conversation flow and calm your nerves. Whether you're aspiring to become a sought-after podcast guest or are curious about hosting your own show, this episode provides valuable resources and insights to help you unlock your potential. Don't miss out on the opportunity to make your voice heard; the world is waiting for your unique contributions!Podcasting with Purpose is sponsored by Youzability www.youzability.com - Get your Website, Funnels and Memberships created fast (perfect for podcasters) Support the Show.Become a supporter of the show at: https://www.buzzsprout.com/1122581/supportWant FREE stuff to help you Create and Launch your Podcast, head on over to https://tracymwilson.com/freebies

President Joe Biden has responded to the mounting calls for him to bow out of the presidential race by doing exactly that – announcing the suspension of his campaign on the weekend. Meanwhile, Trudeau is taking a leisurely family vacation in British Columbia as his party continues to drag in the polls. True North's Andrew Lawton wonders whether he'll finally take the hint. Also, the bureaucracy has grown in Canada by 42% since Trudeau took office, with 108,000 new public servants despite the population only growing by 14% in the same time. We discuss with Kris Sims from the Canadian Taxpayers Federation. Plus, gun control groups are in a panic over what they say is an "abandonment" by the Liberals of their commitment to getting rid of "assault-style rifles." Tracey Wilson of the Canadian Coalition for Firearm Rights weighs in. Learn more about your ad choices. Visit megaphone.fm/adchoices

Andrew is away this week, so Canadian Taxpayers' Federation Alberta Director, Kris Sims, will be hosting the show! On this special edition of The Andrew Lawton Show, Kris looks at the Conservatives latest push to remove House Speaker Greg Fergus, after he reportedly included a partisan attack in an advertisement promoting an upcoming event. Will the Liberals continue to defend him, or will they finally give in? Plus, a daunting report from Food Banks Canada reveals that Canada is at “a critical turning point,” as 1/4 of people aged 18 to 24 are using food banks and visits to the food banks are up 50%. Also, the federal government is planning to launch its mandatory buyback program for “military-style” firearms in 2025, turning it into an election issue. Tracey Wilson of the Canadian Coalition for Firearm Rights joins to discuss. Plus, the Trudeau government's plan to ban new gas and diesel vehicles by 2035 may overwhelm Canada's power grid. Former Liberal MP Dan McTeague returns to explain. Learn more about your ad choices. Visit megaphone.fm/adchoices

This month we welcomed Tracey Wilson, Vice-president of public relations for the Canadian Coalition for Firearms Rights (CCFR) to talk about National Range Day (June 1), a day created to recognize the 2.3 million licensed gun owners who responsibly, legally, and safely own and use firearms in Canada. Tracey has been a significant part of the CCFR team Since its inception and was one of the original incorporating directors. Her role and skills have grown over the years, making her a powerful, public-facing advocate. Tracey is the vice president of public relations for the CCFR and Canada's only in-house registered gun lobbyist. Her political influence and tenacious spirit make this lady an asset to the CCFR team and Canadian gun owners. Not only is Tracey the VP of public relations for the CCFR and their registered Lobbyist, but she is also a published author, having written articles for Women's Hunting magazines. Tracey and CCFR CEO Rod Giltaca can be seen regularly on the CCFR Radio Podcast and YouTube Channel with their “Week in Review,” and has graced SHE SHOOTS on a number of occasions to share her vast knowledge of Canada's gun communities and legislation. She is the original “CCFR Calendar Gunnie Girl” cover model and one of the CCFR Women's Program Executive team members. In her “free time”, Tracey can always be found at the range doing special events like National Range Days and Women's Introductory Range Days. And is a familiar face at Sports and Gun Shows like the Toronto Sportsman Show and TACCOM. Tracey is a mom, grandmother, a sports shooter, a seasoned hunter and Canada's one and only “Gun Goddess.”

Across the country, communities are being hollowed out and overrun by tent cities and increasing homeless populations. What has gone so wrong? True North's Andrew Lawton catches up with former Toronto mayoral candidate Anthony Furey to discuss on the margins of the Canada Strong and Free Network's annual conference, the flagship event for the country's conservative movement. Also on the show, former adviser to Margaret Thatcher John O'Sullivan, plus Tracey Wilson of the Canadian Coalition for Firearm Rights, and some other folks who get pulled in as the show progresses. Learn more about your ad choices. Visit megaphone.fm/adchoices

#BeAGoodFriend and check out episode #100 of #FeeneyTalksWithFriends featuring Javier Colon, Frank Whaley, Dr. Tracey Wilson and more! The 100th Podcast Celebration was a wonderful fundraising event at Playhouse on Park! Matt Heller's introduction (opening) Feeney sings “Won't You Be My Good #Friend?” with Javier Colon (minute 6.20) Friends of Feeney Board of Directors (minute 8.20) Mayor Shari Cantor's Cartwheel (minute 9.20) Interview with Javier Colon (minute 11) Javier sings “Time After Time” (minute 20.30) Javier sings “Fix You” (minute 36.40) Javier sings “Hallelujah” (minute 46) Interview with Frank Whaley (minute 52) Who is “The Voice” in Field of Dreams? (minute 1.04) What was in Marcellus Wallace's briefcase? (minute 1.10) 3 Keys (sponsored by West Hartford Lock) to being a great actor (minute 1.18) Who do you like better, Jon Voight or Marlon Brando? (minute 1.20) Directing the movie, Joe the King (minute 1.26) Movies: First, Last, Best, Worst (minute 1.32) “SAY WHAT AGAIN!” (minute 1.34) John Decker donates $500 to fulfill his promise after winning JCC Basketball League (minute 1.36) Dr. Tracey Wilson hosts West Hartford Trivia (minute 1.41) The Park Road Association Team: Tracy and Johnny (minute 1.42) The West Hartford Chamber of Commerce Team: Kate and Chris (minute 1.43) Group photo of past podcast guests (minute 2.00) “You've Got a Friend” Group sing along led by Latanya Farrell and Friends Podcast Sponsors: Donut Crazy - www.donutcrazy.com The Fix IV - www.thefixivtherapy.com West Hartford Lock - www.westhartfordlock.com Keating Agency Insurance - www.keatingagency.com Goff Law Group - www.gofflawgroup.net Parkville Management - www.parkvillemanagement.com Luna Pizza - www.lunapizzawh.com/lunas-menu PeoplesBank - www.bankatpeoples.com Extra special thanks to our Presenting Sponsor: French Cleaners - www.thefrenchcleaner.com --- Support this podcast: https://podcasters.spotify.com/pod/show/friendsoffeeney/support

The Saskatchewan Sport and Leisure show kicks off this weekend in Saskatoon. With the Saskatchewan government intervening in the Canadian Coalition for Firearm Rights' court case against the federal government, Tracey Wilson joins Evan to discuss where firearms rights currently stand in Saskatchewan.

Tracey Wilson, Head of Philanthropy at Alder Hey Children's Charity speaks to Phil Munns on BBC Radio Merseyside about how the Surgical Neonatal Appeal hit it's £3m targe  and the lasting impact it will have on families from the North West and beyond. Broadcast 12/12/23 full programme available on BBC Sounds.Support the show

Adriel, Kelly, Kyle, Dave, and Mo are joined by Tracey Wilson to talk about the recent CCFR court case ruling and what next steps we will be taking. The post Episode 530 – Tracey Wilson from CCFR on the Court Case Ruling appeared first on Slam Fire Radio.

Tracey from the CCFR is on to talk about the amnesty extension, give an update on the court case, and answer listener questions. Adriel is tempted by cheap gun prices, Kelly talks SheShoots, Mo sells his bespoke ammo equipment, and Kyle talks about trigger troubles. The post Episode 527 – Tracey Wilson on the Amnesty Extension appeared first on Slam Fire Radio.

Ezra Levant looks at how the Trudeau Liberals might use the power of Artificial Intelligence to regulate comment sections and search algorithms to suppress dissent. GUEST: Sheila Gunn Reid fills in to interview Canadian Coalition for Firearm Rights spokesperson Tracey Wilson.

A wildlife carer hopes the Tawaki penguin she found washed up on an Australian beach, will survive its journey back to New Zealand. Tracey Wilson, who manages Victoria's Mosswood Wildlife Rescue and Rehabilitation Centre took care of the rare and endangered Fiordland penguin for weeks. It made a full recovery and has now been released back into the ocean. Wilson spoke to Ingrid Hipkiss.

“Lightning thumbs” Wilson is on with Mo, Kelly, Adriel, and Kyle to talk about the CCFR's lawsuit that's in court right now. We talk about the process, how it's going, next steps, and Twitter. Tracey's collected court tweets will be up on propertyjustice.ca soon. The post Episode 503 – CCFR Lawsuit with Tracey Wilson appeared first on Slam Fire Radio.

The federal government is defending its use of the Emergencies Act in Federal Court this week, facing a challenge by the Canadian Constitution Foundation and Canadian Civil Liberties Association. The federal government has tried to dismiss the challenge as "moot," given the Emergencies Act is no longer in effect. True North's Andrew Lawton weighs in. Also, former CSIS intelligence officer Andrew Kirsch joins to discuss the leak of CSIS documents about China's interference in Canada's elections. Plus, Andrew sits down with Canadian Coalition for Firearm Rights spokesperson Tracey Wilson about Justin Trudeau's war on gun owners. Learn more about your ad choices. Visit megaphone.fm/adchoices

John Tory shocked the Greater Toronto Area by resigning as Mayor of Toronto Friday night. Greg and the crew react to the news. In the second hour Greg welcomes Jeff Woods onto the show. Jeff is the host of the "Records and Rockstars Podcast" which can be heard here on Sauga 960 AM. Jeff discusses his career and his book "Radio, Records & Rockstars". Then in the final hour, Greg speaks to Tracey Wilson, VP of Public Relations for the Canadian Coalition for Firearm Rights. What is Bill C21? What effects could it have on Canada? How does it affect gun owners? This, and much more on this week's edition of the Greg Carrasco Show.

Today on The Richard Syrett Show: Senator Leo Housakos shares his thoughts on Bill C-11. The Sofa Cinefile Chris Geratano discusses the film “Twelve Monkeys”, while the LimRiddler gives you this week's riddle. Colour commentator for the Mississauga Steelheads, Brendan Lang talks about the team and the games ahead. V.P. of public relations for the Canadian Coalition for Firearm Rights, Tracey Wilson brings up Liberals withdrawing their amendment to the gun bill.

She is the VP of public relations for Canadian Coalition for Firearm Rights (CCFR). We discuss Bill C-21. Let me know what you think Text me 587-217-8500

Tracey Wilson from the CCFR joins us in the middle of her busy schedule to go over what we know so far about the proposed amendments to Bill C21, which look like a complete semi auto ban in Canada! Find out what is happening and what you can do about it! PLUS: Alex From Affordable Optics and Rifle Reviews joins as our guest host for the evening!

Today on The Richard Syrett Show: Sheila Gunn Reid, host for Rebel News reacts to Justin Trudeau's testimony. Vice president of public relations for the Canadian Coalition of Firearm Rights, Tracey Wilson explains how Bill C-21 is the largest assault on hunters in Canadian history. Chris Geratano The Sofa Cinefile talks about the film “High Plains Drifter”, then the LimRiddler gives you this week's riddle. Managing editor for Blacklocks, Tom Korski brings up Chrystia Freeland agreeing to the deployment of military on the Freedom Convoy. Zack Bodenstein, commentator for the Mississauga Steelheads here on Sauga 960 AM shares his thoughts on the season and the games ahead. “There's Something Happening Here” with Host of the Greg Carrasco Show, Greg Carrasco.

Today on the Richard Syrett Show: Wyatt Claypool, senior correspondent for The National Telegraph on The Crown dropping charges against freedom convoy supporters. V.P. of public relations & club outreach with the Canadian Coalition for Firearm Rights, Tracey Wilson discusses the ‘interim' handgun importation ban that goes into effect in Canada. The Sofa Cinefile Chris Gertano talks about movies, then the LimRiddler gives you his weekly riddle.Belinda & Jim Karahalios share their experience running for city council in Cambridge along with being the first husband and wife team in municipal politics since Jack Layton and Olivia Chow. Co-founder & CEO of DailyClout.io, Naomi Wolf brings up a Pfizer trial where nearly half of the pregnant women miscarried. “There's Something Happening Here!” with host of the Greg Carrasco Show, Greg Carrasco. Then Art Moore, author at WND speaks about the censorship of Hunter Biden's laptop ‘warranted' to take out Trump.

Today on the Richard Syrett Show: Journalist for True North Contributor, Sue-Ann Levy explains how Toronto's shelter program keeps people homeless and dependent. Tom Korski, managing editor at Blacklocks discusses the federal government still enforcing vax orders. Franco Terrazzano, federal director at the Canadian Taxpayers Federation brings up how not all conservatives oppose a second carbon tax & why they should. Then Jim Sallas “The Sofa Cinefile” & the LimRiddler. V.P. of public relations with the Canadian Coalition for Firearm RIghts, Tracey Wilson talks about Canada banning the importation of handguns starting August 19. WND author, Art Moore on GOP states refusing to do business with ‘woke' banks. “Somethings Happening Here” with host of the Greg Carrasco Show Greg Carrasco. Then astronomy professor at York University, Paul A. Delaney shares his thoughts on the Earth racing to complete a revolution in less than 24 hours.

As we introduce Episode 1 of our August Podcast Series, Raising The Next Generation, we begin by evaluating order in the home. A lack of respect for authority has become a major problem across America and many issues flow from this one principle being out of order. The order of authority begins at home! Listen to Jo and special guest, Tracey Wilson, as they speak on how to institute God's ordained authority in our homes.Support the show

Today on the Richard Syrett Show: Daily Caller reporter Dylan Houseman talks about the media and White House being warned about right-wing extremism and how they were completely wrong. Kelly Brown of Rubicon Capital on the establishment narrative frantically plugging holes after reports show that the COVID-19 vaccine may be causing 2.9 Million additional disabilities. Then, Stefan Verstappen The Survivalist. Tracey Wilson, V.P. of public relations for the Canadian Coalition for Firearm Rights discusses the spike in hand gun sales in Canada after Trudeau's proposed gun freeze. Then Elie Cantin-Nantel, Reporter at True North brings up Liberal MPs saying the “massive majority” caucus wants Trudeau to end mandates. Sheila Gunn Reid of Rebel News tells us about Health Canada wanting to slap warning labels on beef, and how Dr.Tam wants the definition of fully vaxxed to be changed. Then Toronto Sun reporter, Joe Warmington on the Liberal MP that dropped the F-bomb towards a woman criticizing the vaccine mandates.

Catch up on what you missed on an episode of The Richard Syrett Show. Tommy Caldwell, Best Selling Author and MPP candidate in London North Centre for New Blue, on the Post Secondary Education Lending Scam. Tom Korski, Managing Editor of Blacklocks Reporter, talks about a new Cellphone Search Bill. Tracey Wilson, V.P. of Public Relations, Club Outreach with Canadian Coalition for Firearm Rights speaks on Trudeau announcing a national handgun ban. Ruth Gaskovski gives homeschooling advice. Dr. Vermelle D. Greene, Executive of the Boys Initiative, gives her thoughts on the mass shooting in Texas. Marc Patrone, host of "The Marc Patrone Show" on Newstalk Sauga 960, joins Richard to give his takes on a variety of topics. John O'Connor, author of “Postgate: How the Washington Post Betrayed Deep Throat, Covered Up Watergate, and Began Today's Partisan Advocacy Journalism" gives his opinion on the jury ruling Sussman not guilty of lying to the FBI.

One day after Justin Trudeau announced what he calls a "freeze" on handgun purchases in Canada, he told reporters his government's anti-gun bill has no effect on law-abiding gun owners. Canadian Coalition for Firearm Rights spokeswoman Tracey Wilson joins True North's Andrew Lawton live to discuss Bill C-21. Also, Ontario Party leader Derek Sloan is back to talk about his party's platform ahead of Thursday's Ontario provincial election. Support the show: https://tnc.news/lawton-heritage-club/ See omnystudio.com/listener for privacy information.

Greg takes a look at threats in schools (:50) and welcomed Marit Stiles, NDP MPP for Davenport and Education Critic (9:17). Our Four 4 Four Quiz was in celebration of Parrot Day (17:58) and Greg spoke with Tracey Wilson, vice president of public relations for the Canadian Coalition for Firearms Rights (22:53) See omnystudio.com/listener for privacy information.

“Canadians are once again subjected to expensive and ineffective measures to further regulate licensed, legal gun owners, while the Liberal government turns a blind eye to the very real and increasing street crime being committed by criminals with illicitly smuggled guns” On this week's episode Tracey Wilson VP of Media Relations joins the crew to … Continue reading Episode 455 – Tracey Wilson – CCFR C-71 and Legal Challenge Update → The post Episode 455 – Tracey Wilson – CCFR C-71 and Legal Challenge Update appeared first on Slam Fire Radio.

Catch up on what you missed on an episode of The Richard Syrett Show. Author at World Net Daily, Bob Unruh on Biden's DOJ threatens life in prison for Jan. 6th protestors. Staff at Canadian Coalition for Firearm Rights, Tracey Wilson on Liberals sneakily brought back gun registry. Tony Heller fights Climate Change Cult. Author of “The Bodies of Others: The New Authoritarians, Covid-19 and the War Against the Human,” & Co-Founder/CEO of DailyClout.io, Naomi Wolf discusses the latest worrying Pfizer doc dump. CEO/Founder of OpenTheBooks.com, Adam Andrzejewski talks about Fauici's Royalties & $350 million Royalty Payment Stream Hidden by NIH.

CCFR Radio – Ep 116: Firearm Registration is Back! Tracey Wilson in Studio, MCC Presentation & More Tracey Wilson is live, in studio! The firearm registration portion of Bill C-71 is coming into force next week. Check out Rod's Mass casualty Committee presentation & much more. Link to the CCFR’s MCC Submission: https://drive.google.com/file/d/1nEAoM3m4MmGoC84r8rnEY8zdUHIAvPDg/view?usp=sharing Link to […]

CCFR Radio – Ep 115: 90% Good News Podcast! Actual Court Case Update, Alberta CFO Sides wGun Owners A podcast loaded with good news, for a change! Previously missed court case update, Alberta CFO calls for ending of the gun ban, the ultimate range day by Tracey Wilson and more! Link to Lawsuit Court Schedule […]

This week Andrew, Gavin, Liz, Peter, and Pierre recap current events. There is breaking news of the Government implementing the Emergency Act, formally the War Measures Act. Updates in the wrongful death of Ontario gunsmith Rodger Kotanko. Updates in the 2020 Nova Scotia mass murders. Firearms news, and the Freedom Convoy continues… for now. Intro Hello to all you patriots out there in podcast land and welcome to Episode 336 of Canadian Patriot Podcast. The number one  podcast in Canada. Recorded February 14, 2022.   Andrew Gavin Liz Peter Pierre We'd love to hear your feedback about the show. Please visit  canadianpatriotpodcast.com/feedback/ or email us at feedback@canadianpatriotpodcast.com A version of the show is Available on Stitcher at and iTunes http://www.stitcher.com/s?fid=77508&refid=stpr and iTunes at https://itunes.apple.com/ca/podcast/canadian-patriot-podcast/id1067964521?mt=2 We need your help! To support Canadian Patriot Podcast visit patreon.com/cpp and become a Patreon. You can get a better quality version of the show for just $1 per episode. Show you're not a communist,  buy a CPP T-Shirt, for just $24.99 + shipping and theft. Visit canadianpatriotpodcast.com home page and follow the link on the right. What are we drinking Andrew - Black Swan Wild Child, Berliner WeisseGavin - Wesiers & Diet PepsiLiz - Duntroon ciderPierre - Canadian whiskey Patriot Challenge We're asking patriots to do 5 things everyday; Exercise for at least 45 minutes Practice a skill for at least 10 minutes Read a book for at least 15 minutes Drink at least 2 liters of water Complete 1 task that will improve your life Grab the template from our website and post it in your social media Events National Range Day https://firearmrights.ca/national-range-day-you-in/ CCFR Saturday June 4 https://nationalrangeday.ca/ New Shooter Canada Ruck Challenge Week 1 started Jan 23 Strava Club - https://www.strava.com/clubs/ragnaruck Lots of people comparing notes and gear on discord. I guess you could use Facebook Listener Feedback Re: Book club feedbackFrom:Emily Great podcast on Boris' book.  I have been procrastinating on purchasing gas cans because I wasn't sure which brand to buy, and had the all-or-nothing mindset, as in, gotta buy ALL of them at once, which never seemed to fit in my monthly budgets. After listening to your podcast, I went out and bought 2 x 20L Scepter ones, because having an extra 40 L on hand is better than having 0 L on hand!  Here is a consideration for smaller people, especially smaller women - I had originally planned on getting 25 L cans, but when I got to the store and saw them in person, I realized that a full 25 L can would be awkward for me to lift and handle when filling my van.  So I opted for the 20 L size, which is very manageable for me, even when filled with gas.   Next time I have room in my monthly budget, I will add another 1 or 2 cans, and by the end of summer I should have 100 L extra in my garage! As always, I really enjoy listening to your banter on the podcast.  Looking forward to more! Emily :) News Rodger Kotanko Update Family of gunsmith killed in raid files $23M lawsuit against Toronto police board https://www.cbc.ca/news/canada/hamilton/kotanko-lawsuit-toronto-police-1.6317788   Document reveals why Toronto police searched home of renowned gunsmith killed in raid https://www.cbc.ca/news/canada/hamilton/why-police-wanted-search-rodger-kotanko-1.6336188   Toronto police killed Ontario gunsmith in raid over handguns with scrubbed serial numbers, search warrant docs reveal https://www.thestar.com/news/gta/2022/01/18/toronto-police-killed-ontario-gunsmith-in-raid-over-handguns-with-scrubbed-serial-numbers-search-warrant-docs-reveal.html Firearms News Truck carrying more than 2,000 firearms stolen in Peterborough, Ont.: police https://toronto.ctvnews.ca/truck-carrying-more-than-2-000-firearms-stolen-in-peterborough-ont-police-1.5779954 3500 long guns, 6500 magazines according to Tracey Wilson's social media from some french guy - Felix Seguinhttps://twitter.com/felixseguin/status/1492980089377763333?cxt=HHwWisC9weXekLgpAAAA https://www.journaldemontreal.com/2022/02/13/un-camion-rempli-darmes-volees-recherche-par-la-police-de-peterborough-1   Durham police officer charged with 13 firearms-related offences https://globalnews.ca/news/8591931/durham-police-officer-charged-firearms-offences/ Only the police should have guns   Feds say they have no clue on number of guns smuggled into Canada from US https://westernstandardonline.com/2022/01/feds-say-they-have-no-clue-on-number-of-guns-smuggled-into-canada-from-us/ Nova Scotia Mass Killing Public hearings into 2020 Nova Scotia mass shooting delayed until late February https://atlantic.ctvnews.ca/public-hearings-into-2020-nova-scotia-mass-shooting-delayed-until-late-february-1.5736378   Man pleads guilty to weapons charge in relation to N.S. mass shooting https://www.cbc.ca/news/canada/nova-scotia/portapique-mass-shooting-guilty-plea-weapons-charge-james-banfield-1.6323220   Court Win: Judge Sides With Gun Owners, Allows Hearings to Fight Trudeau's May 2020 Attacks https://thegunblog.ca/2022/01/21/court-win-judge-sides-with-gun-owners-allows-hearings-to-fight-trudeaus-may-2020-attacks/ The Runkle Pill https://www.youtube.com/watch?v=t2io1c41g5w Honk Honk - Freedom Convoy & Protests BREAKING: Trudeau to invoke Emergencies Act: source https://thepostmillennial.com/breaking-trudeau-to-invoke-emergencies-act-source/ Book Club February Long Range Shooting Handbook: The Complete Beginner's Guide to Precision Rifle Shooting Ryan M Cleckner  Outro We're on discord now https://discord.gg/rwA4yeeaC8 Pierre - Off The Wall Customizing on facebook and instagram and email offthewallcustomizing@gmail.com Andrew - https://ragnaroktactical.ca/ Visit us at www.canadianpatriotpodcast.com We value your opinions so please visit www.canadianpatriotpodcast.com/feedback/ or email us at feedback@canadianpatriotpodcast.com and let us know what you think. Apologies to Rod Giltaca Remember, “you are a small fringe minority” with “unacceptable views”

The table below is taken from Tracey Wilson's presentation at the Agent Ignite session. These are derived from his research. If you have questions, please visit his website. This is the BIG RED button he talks about in this presentation. Here is the PowerPoint from this presentation. Here are a few points covered: 1)American Rescue Plan: $1.9 trillion for COVID Stimulus Package Passed even though $800 billion of the previously passed $2.2 trillion CARES Act (passed 3/20/20) had not been spent yet 2)American Jobs Plan: $2.3 trillion for infrastructure Raise the corporate tax rate to 28% Increase the global minimum tax paid to 15% Impose a corporate minimum tax on book income Eliminate tax benefits for the oil and gas fossil fuels sector Increase corporate tax enforcement 3)American Family Plan: $1.8 trillion for universal pre-K, free community college, SLD $50K forgiveness, paid family leave Raise individual income taxes Raise cap gains tax rate Increase estate tax Limit step-up in basis ----more---- Here's the math $1.9 trillion +  $2.3 trillion +  $1.8 trillion  = $6 trillion for new spending... Current federal debt is $28 trillion... Plus $6 trillion would make U.S. federal debt $34 trillion U.S. debt-to-income ratio would be 154%...

  Nicole welcomes Tracey Wilson of Investment Property Exchange Services. You can find him at ipx1031.com. Ipx1031 has provided its clients with superior qualified intermediary services for three decades. And each year they assist thousands of clients and their tax and legal advisors by providing proven exchange solutions that best achieve the client's goals of enhancing their business portfolios and preserving equity. But he'll tell you more about that at the beginning of this episode. This is a two-part episode. There is so much to learn. This first one covers the basics you need to know as an agent and as an investor, about a 1031 exchange to avoid capital gains taxes. He will give you guidance, no matter how creative you think you are, he will have solutions and some recommendations to keep you out of hot water with the IRS. Listen to this episode now. ----more---- 6 Rules of a 1031 Exchange: 1. Held for investment     Owned and treats as investment for usually 1 year and 1 day. 2. 45-day ID rule - up to 3 properties 3. 180-day rule - 180 days to close on one or more of identified properties 4. QI requirements       IRS Mandates client us a QI      QI cannot be their attorney or accountant      Client cannot touch the money during the exchange 5. Reinvestment requirements or equal or up Rule:      Zero taxes: buy = or higher, and reinvest all the cash      If you buy down, then perhaps it's "boot" and there is some tax, but the rest of the exchange is OK 6. Title Requirements      Must close and take title on the new property exactly as title was held on the old property but tax return trumps title. ----more---- The full transcript for this valuable episode is here: Announcer (00:14): Welcome to another episode of the Double Comma Club with your host Nicole Rueth of the Rueth Team, the number one lending team in Colorado. Join us today for this special episode of the Double Comma Club, where Nicole welcomes Tracey Wilson of Investment Property Exchange Services. You can find him at ipx1031.com. Ipx1031 has provided its clients with superior qualified intermediary services for three decades. And each year they assist thousands of clients and their tax and legal advisors by providing proven exchange solutions that best achieve the client's goals of enhancing their business portfolios and preserving equity. But he'll tell you more about that at the beginning of this episode. This is a two-part episode. There is so much to learn. This first one covers the basics you need to know as an agent and as an investor, about a 1031 exchange to avoid capital gains taxes. He will give you guidance, no matter how creative you think you are, he will have solutions and some recommendations to keep you out of hot water with the IRS. Listen to this episode now. Nicole Rueth (01:26): So Mr. Tracey Wilson, love it that you're joining us. Thank you so much.I work with a lot of investors, my husband and I, in fact, we had a small house that we did a 1031 exchange with, with you earlier this year, because we were like, we don't know where that's going now. Could we have held onto that home and continue to allow it to grow? Yes, but we also had an opportunity. And so I'd love to hear where things are going. And I definitely know there's a lot of money moving in 1031 exchanges. I continue to hear the story where people get caught, not fulfilling some of the guidelines. That you've got to spend all the money you make, not just the net revenue and there are nuances that I know that you're going to share that I know catch people by surprise. Tracey Wilson (02:19): Sure. You don't have to do the exchange for all the money, if you sell for 300 grand and you buy something that's 250,000, you can certainly do that, it's just that you'll pay the tax on the difference, demand you buy down. But you're right, if you want, no taxes buy something that's equal or greater in value. So yeah. You're spot on. You guys did that, didn't you? Nicole Rueth (02:40): We did. Well, we didn't spend it all. We paid some taxes. Although, having said that my CPA was very happy about that. He says you could use a little bit of a loss. Tracey Wilson (02:50): You could use, wow. Okay. There are weird CPAs. All right. Okay. We're going to dive right into it here. We're going to first start talking about 1031 exchange changes, and then we're going to transition into something that I think is probably as important, if not more important and that is the coming proposed tax changes. So I'm going to dive into this. I like it when people feel free to interrupt and ask questions as we go along. Let me tell you a little bit about our company. The name of it is Investment Property Exchange Services. You can see with a big, long name like that we're trying to short it up just IPX, the one which is also our website, it's a very user-friendly website. Who the heck are we? We are 33 of us now attorneys and CPAs nationwide, including our paralegals and the exchange coordinators and the banking staff. We're about 400 and some employees, we're wholly owned by Fidelity. So we have some very deep but natural pockets. Tracey Wilson (03:51): We actually are the largest qualified intermediary in the United States. We even do exchanges internationally as well. So last year we did just a smidgen under 11 billion with B dollars, 1031s. In Colorado, we set a record of which I own a franchise of $600 million in 1031 exchanges. That was for all of last year. I need to tell you something, so far this year as of July the ninth, Friday numbers. So we are on target, who knows what's going to happen. We're on target to almost double last year's volume, which last year was a record-breaking year already. So there is a heck of a lot of 1031 exchanges being done nationwide. So we do all types of 1031 exchanges, the regular forward exchange, we do reverse exchanges where you want to buy, the client wants to buy their new replacement property first, we also do exchanges on things other than just real estate. Tracey Wilson (04:50): We do exchanges on the oil and gas and water rights and minerals and waste systems, air rights. We also do exchanges in which the client may want to make improvements or do some construction to their new replacement property. And there's a way to do that while the property is parked or temporarily owned by us IPX. And just for whatever it's worth, we used to be able to do exchanges on businesses. Like when somebody sold, for example, a 711, we did the exchange not only on the real estate but also on the gas pumps and on the hotdog rollers and on the slaggy machines, the capital assets of the business. We are no longer able to do those personal property exchanges, cars, price, boats, equipment. We were the largest, exchanger of intellectual property from Microsoft, Amazon, Facebook, Oracle, all that is gone. It was wiped out of the tax code with the tax cuts in Jobs Act. We can only do exchanges now on real property. Tracey Wilson (05:52): If you have any questions about a 1031 exchange, give me or Denita a phone call, we can help answer your questions right there on the phone. But as a good resource, our website, you can actually start an exchange immediately online. You don't even have to talk to anybody. We have calculators that'll figure out what your capital gains and basis is. I prefer that you would call me in that regard because the calculator is limited in terms of its assumptions. And I can do the same thing in about three or four minutes, and you actually understand what's going on. We also have calculators for the 45, 180 days, and we have a knowledge center that has a single-page answer to any 1031 exchange question you could possibly have. And a brand new feature on our website, are little one and two-minute videos that you get right off the homepage on almost any topic on 1031 exchanges. Tracey Wilson (06:48): So enough of all that, as I said, I am in charge of the franchise for Colorado Yukon, Wyoming. And again, we are part of the Fidelity family of Title Insurance companies. That's Alamo Title, Chicago, Commonwealth, Fidelity. In Colorado, Commonwealth is actually called Heritage Title. We also own and do business through Lawyer's Title, Ticor Title, through to Union Title. And then as a part of that big family IPX is the exchanger for all those title insurance companies, again, nationwide. All right, let's dive into it that's enough how it's keeping in advertising. What the heck is a 1031 exchange? What is section 1031 of the tax code? It's two pages out of the thousands of pages of the tax code that allows for non-recognition of gain. That sounds like CPA pitch peek for the following. If you're selling an investment piece or real estate, and let's say the gain is a hundred thousand dollars. Not a lot of people know this, but the taxes, the capital gains taxes on that 100,000 are going to be about 30 ish percent. Tracey Wilson (07:57): Now we know where is that 30% coming from briefly because we're going to take a deeper dive in just a minute or two, but that 30 some percent consists of these capital gain taxes. It's either 15 or 20% on the appreciation, but then when you're doing investment real estate, there's always un-recaptured or the recapture of depreciation it's taxed at 25%. Then both of those gains are hit with the Affordable Care Act, Obamacare at 3.8%. And both of those gains, the appreciation, and the de-appreciation recapture are taxed by the State of Colorado. It's now 4.55%. You add all those capital gains taxes up and they blend together to be about 30%. If you are dealing with someone selling property, investment property in a high tax state like California and New York or New Jersey, Chicago, or Iowa, Illinois, or Iowa, for example, California's income tax rate for capital gains is 13.3%. You can see why then that the capital gains taxes can range anywhere from 30 up to as high as 40%. Tracey Wilson (09:15): So when you're dealing with us, we're talking about investment property. So when I need to pause and need to go 1031 exchanges are not for the sale of someone's home, where they live, it is not for your personal primary residence. There's a better deal in the tax code, section 121. So if you've lived in your home for at least two years out of the most recent five, then when you sell it, you get to have your gains tax-free, that's better than a 1031, which is nearly tax-deferred. Tax-free up to how much? Well, if you're single, you get up to 250 grand tax-free, or if you're married finally joined, you get up to $500,000 tax-free. And oh, by the way, you get to use that personal home exclusion over and over and over as often as you want once every two years. So it's no longer a once-in-a-lifetime exclusion. Tracey Wilson (10:12): So that's the sale of someone's home, where they live, their personal family residence. I want to get that out of your brains because everything else from here on out is about the sale of investment real estate, rental real estate. So if you do an exchange, instead of just selling it, walk through the rules of what that looks like, and then you buy some replacement property or you can buy multiple replacement properties. Guess what happens? The gains are actually rolled over. They're transferred into the new property, and then you don't have to pay the %30 to 40% capital gains. Yes, the gains are rolled over into tax-deferred into that new property. Let's take a little bit of a deeper dive. Let's say you bought a piece of property for 150,000. I know these numbers are probably, may not be relevant in today's market, but it makes the math or the thinking about it a little bit easier. Because what we're going to do is look at some accounting, but we're not going to do debits and credits, we're just going to use pictures. Tracey Wilson (11:18): So you buy some rental house for 150,000, you rent it out and then years later you're going to sell it. And it's gone up to 200 grand. Well, a lot of people think, okay, I bought it for 150, I'm selling for 200,000 I think my gain is about 50 grand. I'm ignoring commissions and closing cost. Well, that is all true to a certain extent, but we want to get some definitions down. When you do a 1031 exchange, the property you're selling is called the relinquished property. You're giving it up, you're selling, you're relinquishing it. And the property that you're going to buy, that you will exchange into is called the replacement property. There are too many Rs I've already had my, so I'm just going to call it the old property and the new property. And so the basis transfers from the old and to the new property when you do an exchange. And so too, does the gain, the gains transfer and that's the whole point of doing a 1031 exchange. Defer, transfer, roll those gains into the new property, do not have to pay the 30% to 40% capital gains taxes. Tracey Wilson (12:21): We need to re-emphasize a concept that I just brought up. You buy a house for a hundred grand, you rent it out five years later, you sell it for 150,000. And everybody thinks again, ignoring commissions and closing costs that their gain is about 50,000. Well, just as a reminder, the original purchase price of the house has been going down, on paper it's going down. It's an accounting phenomenon and it unfolds as like this. The original purchase price a hundred thousand has to be depreciated. If it's residential, it's over 27 and a half years, if it's commercial, it's over 39 years. And so this is residential property, a single-family rental house. And that means that there should have been about 3,600 and some odd dollars of depreciation expense every year. We did that for five years, we have a total of $18,000 of accumulated depreciation that has got to be subtracted from the original purchase price. So that on paper, the book value of the property is actually 82,000. In real life, it's selling for 150, but on paper it's only worth 82 grand. Tracey Wilson (13:33): So that means when you sell it from 150, there's not just one gain of 50,000, there's actually a second gain, a gain due to the recapture of depreciation, $18,000. So that really the total gain from the sale of this property is $68,000. So whatever the client thinks their gain is, it's going to be a heck of a lot more, that's concept number one. Concept number two, when you sell a piece of real estate, there isn't just one gain, there are two gains. Gain from appreciation, the gain from the depreciation. So what do these taxes look like that we're trying to avoid? 15 or 20% on the appreciation, 25% on the recapture, then the Affordable Care Act on both of those gains and then there's the State of Colorado grand total. Let's add them all up. It adds up about $20,000 in total taxes. Is that really 30%? Well, let's do a little math. 20,000 divided by 68 is 29.8%. That's close enough to 30% for me. Tracey Wilson (14:39): So if you are talking to a client or if you are a client, you're thinking about selling property, you're pretty safe in the assumption that if you sell and do not do a 1031 exchange that your tax hit will be about 30% of a much bigger gain than you realize. All right. So now let's go back to the picture of accounting. Bought the property for 150, selling it for 200,000. Again, we thought the gain was 50,000 we know better now that that basis of 150 has actually been shrinking down because of depreciation and the gain is larger than we thought, it consists of two trunks of gain. 50,000, because it went up in value, and 25,000 because of the recapture depreciation. So when you do a 1031 there isn't just one gain being rolled over, there are actually two different chunks of capital gains being rolled into the next property. All right, I think that's it for basic math, accounting-wise, excuse me. Can you sell one property and buy multiple 1031 replacements property? Tracey Wilson (16:42): You sell one property and buy multiple 1031 replacements properties and you sure can, you can diversify. What about, can you sell multiple properties and mush them all together, combine them and go buy one, perhaps bigger replacement property? Yeah, you can consolidate, in fact, you can do any mix and match arrangement. So here are the six rules of a 1031 exchange. I like unfolding 1031s linearly. In other words, going from what you're selling, I always use the red monopoly house on the left, that's the property you're selling and the one that you'll eventually exchange into, the replacement property, I put it on the right-hand side and it's the green monopoly house. So let's start with the sale. There you are, you've got a buyer. There are several things that change when you do a 1031. First of all, you need by law, a qualified intermediary. Sometimes we're also called an accommodator. There's a shingles plug for our firm IPX. So to do an exchange, you absolutely have to have a qualified intermediary. Tracey Wilson (17:50): And then there are a couple of things. The sales contract needs to be assignable. That's the only way that we, IPX can be assigned into it. So just make the contract, and or assign or call us up and we could send you a 1031 language. Also when you're there at the closing table of the sale, the monies have to be wired from the closing table, the net sales proceeds to us. By law, the qualified intermediary has to hold those monies during the 1031 exchange process. Okay, so the closing of the sale is done to be clear you need to call us before the closing of the sales so that we can get documents to you, we use DocuSign, get them signed so that they are in place at, or prior to the closing of the sale. If you call me up afterward, a day later, a week later, a month later, it's too late. You're going to get taxed. Tracey Wilson (18:47): All right. So that starts the exchange. And there are two timelines you have to be aware of. So you get 45 days to identify and 180 days to actually close on the purchase of one or more of those properties that you identified within the 45 days. So there you are now as a buyer, no longer a seller, of course, you're now a buyer of the new replacement property and you're allowed to identify up to three properties that you might want to buy. By the way, there is the ability to identify more than three, it's called the 200% rule. And there's also another fancy rule called the 95% rule. We're not going to go through them here in the essence of time, but just know that if you want to identify more than three, call me and I can tell you how to do that rather easily. Okay, so all that said, now you're ready to close on the purchase and that means that we have to be assigned again into the purchase contract, to do the exchange. Tracey Wilson (19:44): And then we will wire those monies out to the hydro insurance company. And you've now finished your exchange inside of 180 days and you don't have to pay the 30% to 40% capital gains taxes. So that's the mechanics of doing a 1031 exchange. And an emphasis on time, you can sell almost anything. Rental condos, rental houses, you can sell strip shopping malls, commercial, oil and gas, water, [inaudible 00:20:12] to sell raw land. And Like-kind does not mean I just said this a minute ago that you have to go buy more land. You could buy in fact, sell land go buy a commercial office space. You could sell multi-family product and exchange it to oil and gas. Like-kind simply means that it's real property from any other real property, as long as it's in the United States. If you want to make it like you don't remember what I'm about to say, just make it and or assigns. That's all I have to say and, or assigned. Tracey Wilson (20:42): If you want, you can say, "Hey, this is going to be a part of, you could leave out the hey part. This is going be a 1031 exchange at no expense or inconvenience to the buyer." And it really doesn't affect the buyer at all. So all you have to do is say, it's going to be a part of a 1031 exchange. Most real estate agents have their own language. You can get the language off our website or call me up or Denita, and we can send you the language and pretty easy. 1031s are supposed to be about long-term capital gains. I usually don't go through this, but because we're going to be talking about big changes, proposed changes in the tax code in just a little bit, we need to make this distinction. 1031s are supposed to be about owning investment real estate for longer than a year. Because if you own it longer than a year, the type of gain, the increase in price, the appreciation is a long-term capital gain. Tracey Wilson (21:36): If you own a piece of real estate and you sell it less than a year, then the type of gain you have is short-term capital gain. And that means you get taxed at ordinary income rates. So 1031s are only about long-term capital gains. That means you cannot do a 1031 exchange on a fix and flip and developers, generally speaking, cannot do 1031 exchanges. So a question comes up, how long do you have to own the old property for it to qualify for 1031 purposes? The answer is, there's no answer. It's a shame. The IRS never bothers to state definitively how long you should have owned it. It's always about your intent. Was it held for investment? Was it used to produce income? I'm telling you that there's a very good rule of thumb, one year and one day it creates long-term capital gains. If you hold it for two full years, there's even a safe harbor under a different part of the tax code. Tracey Wilson (22:33): What about the property that you buy, that you roll your gains into the replacement property? How long should you own it before you sell it and maybe do another 1031 exchange, or just sell it and pay the capital gains, whatever? The answer is, there's no defined period of time, again it's always about intent, but again, the really good rule of thumb is one year and one day. And of course there is that safe harbor under a different part of the tax code. One year and one day is pretty typical. Nicole Rueth (23:05): So one had a client, sold the property, bought three properties using a 1031 exchange. He now wants to sell one of the three he bought, is there any nuance to that he wants to 1031 exchange that one? Tracey Wilson (23:18): Have they owned the three properties, including the one we're talking about and selling, have they owned it for at least a year and a day? Nicole Rueth (23:26): That she did not say. Tracey Wilson (23:28): Let's say they did, let's just go there. And the answer is yes, they can exchange it. No problem. The only nuance is to call me, 3038 835 8- Nicole Rueth (23:35): And then Amos asks, are there rules about a cashout refinance timing after 1031 exchange? And he gives an example. Tracey Wilson (23:45): Great question. Yeah. So you did the exchange, you bought the new property, the exchange is done and over, that very next day after your exchange is over, you can refinance and pull the cash out, no taxes. That's great. What about the old property? What if you decide to pull cash out a month or two or three before you sell and do the exchange? The IRS says, wow, you avoided one of the rules of doing the exchange and they will tax. And they could even collapse your 1031 exchange because you've pulled money out prior to the sale and the start of the 1031. So where this is applicable, this is why this is a great question, people will say, Tracey, if I sell for 400 grand, I would like about 40 grand out of it. I know I'm going to get taxed on it, I know it's called boot, but I need the 40,000. I want to pay off some credit cards, I got a kid going to college next year, and I tell them, you could do that, you can pull 40 grand out, but you're going to get hit 30 some percent on it. Tracey Wilson (24:44): That's $12,000 of taxes on the 40 grand. Instead, do what we just talked about. Leave all the money in the exchange, put all the money into the new replacement property. And then when your exchange is over, the very next day, refinance, pull the 40 grand out and there are no taxes. Yes, you might pay a little bit higher in interest rates, you may pay some more points or fees, but it's got to be better than paying 30% capital gains or $12,000. So Nicole obviously you're in the lending business does that sound to be true? Nicole Rueth (25:19): It sounds to be very true, especially since you can roll the cost of that refinance [crosstalk 00:25:24] a loan. So it's not going to cost you anything out of pocket. You'll still walk away with a full $40,000. Edward asked, do you pay any taxes if you lease it for a year and a day and then move into it as a personal residence? Tracey Wilson (25:36): Oh, beautiful question. The answer is no, maybe, perhaps yes. So why isn't there a definitive answer? Here's the deal. So you do an exchange, you buy the new property, you treat it as a rental for the first year. Maybe you want to be super-duper safe with the IRS, you want to be squeaky clean and fine, you rent it out for two years, and then you move in and then you make it your personal primary residence. Then year two, four, five or seven years down the road, whatever you decide to sell the property you're done. What you've done is you've turned an investment property that you acquired under section 1031. You've turned it now into your personal primary residence. Wow, that means that if you're, for example, married, filing joint, that you get to use your $500,000 exclusion? Yes you do. Does that mean all of your gains if you deferred by doing this exchange now come out tax-free? No, not quite. Tracey Wilson (26:36): The IRS says, yes, we will let you use your personal home exclusion, but not all of it, they apply a fraction called the qualified use fraction. And what I'm going to describe is best if you could look at your hand and we've got five fingers. To do the following, you need to own the property, the new replacement property, the one you exchanged into, you have to own it for five years, five fingers. And at least the thumb and the index finger are the first two years if you rent it out and after that, you move into the property and you live there, but you live there for three years. And let's say that you sell it at the end of year number five. Now you don't have to sell it, you can stay living there, but just for the story, let's say that you do sell it at the end of the fifth year. Tracey Wilson (27:25): So what happens? The IRS says, you get to use your $500,000 exclusion, but not all of it. The fraction is a numerator, the top number is the number of years that you've lived there, three years divided by the denominator. The bottom number is the total number of years that you own the property, which was five. So that makes our fraction three-fifths and three-fifths, so 500,000 is 300 grand. So instead of getting $500,000 tax-free, you only get $300,000 tax-free. Nonetheless, it's a pretty good deal. It's the only place I know in the tax code that allows you to take deferred gain and turn it into tax-free money. I do want to mention though that when you do this magic trick that I just outlined, remember when you sell the relinquished property, the red monopoly house on the screen, and you did the exchange. How many gains were there? There were two chunks of capital gain. The gain because the property had gone up in value over all those years. And the other gain was from the depreciation recapture. Tracey Wilson (28:37): This magic trick, where they usually, you get the 300,000 in my made up example, a tax-free does not apply to the un-recaptured depreciation part. That part will always be taxable unless you die and then the gums tax-free to your heirs. Does that help on that story or example? Nicole Rueth (29:01): That really helps because I talk a lot about, that's my retirement strategy. I'm going to buy my retirement home with one of my investments. So that's great to know how to work those numbers. You do have a couple people ask a very similar question asking, can you buy a duplex or something that has additional rental opportunities, whether it's a mother-in-law suite or some sort of situation, can you move into where you're living in one side and you're renting out the other and still use it for a 1031 exchange? Tracey Wilson (29:29): Good questions. Yeah. So we need to be a little careful, let's say, for example, that the property you sold started the exchange on, let's say that it was sold for 300 grand and the property you're going to buy is a $500,000 piece of property. And you're going to live in part of it. Maybe it's a duplex, whatever scenario you can think of or dream of, you're going to live in part of it. The part that you will live in cannot count as a part of your 1031 exchange. So in my example, when you sell for 300 and buy for 500, then the 300,000 of the 500 has to be the part that gets rented out. If you want to live in part of the new property, then it can only be the $200,000 that is not part of the exchange. I want to make sure that I explained that clear enough. Nicole Rueth (30:28): Well, and if it's a duplex for 500, the theory would be is each side would be valued at 250. Tracey Wilson (30:33): Exactly. Yeah. And you sold for 300. So yeah, one side doesn't count because that's where you live. The other side is 250. You sold for 300 so you have a little bit of a buydown. Nicole Rueth (30:43): So this would be a CPA type of a question in determining the percentage of the property that was used for each position. Tracey Wilson (30:50): I would certainly encourage CPA to use it. They'll use two different factors. They'll either use the economic utility or they'll use a simple square footage, but I can tell you common sense usually prevails. If you buy a $500,000 house and you say, oh, I'm going to live upstairs and it's the nice part. And it's only worth a hundred thousand and the bottom basement is not finished, you're going to rent it out. That [inaudible 00:31:15]. Nicole Rueth (31:16): And D, this might be a question or two ago. She says, if you don't rent it and you just let it open, what effect does that have? Tracey Wilson (31:24): Oh, that's good. I like creative people out there. They're the ones that get audited. Nicole Rueth (31:27): That's a good one. Tracey Wilson (31:30): If you do an exchange and you buy some new property, that's usually this type of question, usually crops up when you're talking about a vacation home, maybe it's up in the mountains and you say, well, I really don't want to rent it, have you seen what renters do to a place? I'm just going to let it sit empty for a year and then I'll move into it or whatever. The IRS will say, you're not required to rent it, that's true, but is there a reason that you didn't rent it? You need to advertise it, you need to list it at fair market value rent. And in today's market, if you tell the IRS, I just couldn't rent it, they're really going to come down on you. And they'll probably fail the exchange because anything can be rented today, the demand is quite high. Tracey Wilson (32:14): This type of question came up a lot more in 2008, 2009, then maybe you could have gotten away with not "not renting the property out at fair market value" but in today's market if you're not showing rental income and the IRS will know, you have to report the income on your Form 1040, your expenses on schedule 80. They don't see any and noted the fact that you did an exchange the year or two prior because you file the Form 8824, they're going to know. So you'd need to rent it out at fair market value, or they're going to come looking for you. Nicole Rueth (32:50): Can you buy 1031 exchange property and lease it to a relative? If so, how long will that go? Tracey Wilson (32:55): Sure. At fair market value. Nicole Rueth (32:57): And then if you sell a property in 1031 exchange into a new property worth more than the old property, can you then have somebody else buy-in for a percentage of the new property? Tracey Wilson (33:08): You could, but you'd be essentially, let's say that the new investor that comes along is going to buy 25% of the property, meaning you'll end up owning the remaining 75%. And when you have someone buy, in my story, 25%, you're effectively selling them a 10 common interest or 25% that you will be taxed on the capital gains. I suppose you could sell that investor and do a 1031 exchange, that is possible. Nicole Rueth (33:38): Okay. So yeah, he's saying, if you sold something worth 500 but buy something worth a million, can another investor come in for 300,000? Tracey Wilson (33:46): Yes. I certainly could. And you can do it in a variety of ways. If you sell for 500 then the minimum amount that the exchanger needs to buy is 500 grand. And the other investor could come in as a tenant and common owner for the other 500,000. Announcer (34:10): You've been listening to the Double Comma Club, never miss an episode, subscribe at thedoublecommaclub.com or your favorite podcast venue to hear more success stories, get free tips on how you can get on the path to becoming a millionaire through real estate at any age. If you enjoy this, you might also enjoy our YouTube channel. Just look for the Rueth Team on YouTube or visit our site, https://theruethteam.com.    

Catch up on what you missed on an episode of The Richard Syrett Show. Host of “The Andrew Lawton Show” on True North News, Andrew Lawton on Prime Minister Trudeau facing another ethics probe over MP contracts to his childhood friend & also the consequences of lockdowns killing more Canadians under 65 years old than COVID-19 itself. Litigation Director for the Canadian Constitution Foundation, Christine Van Geyn on the federal government ending mandatory Hotel Quarantine for ALL travellers effective on August 9th. Lou Schizas returns once again for News Not In The News. Vice President at The Centre for Israel and Jewish Affairs, Noah Shack on the TDSB reinstating a staff member who promoted terror, and anti-semitism. Plus, VP of Public Relations for the Canadian Coalition for Firearm Rights, Tracey Wilson.

Are you curious about 1031 Exchanges or reverse 1031 Exchanges? Well, look no further! On today's podcast, I am speaking with my long-time friend Tracey Wilson with IPX 1031 out of Denver. He breaks down exactly what a 1031 Exchange is, how to fully utilize the benefits of them and what could possibly change in the next year as we await the outcome of the 2020 Presidential, Senate and House elections. Tracey Wilson 720.344.4843 tracey.wilson@ipx1031.com www.ipx1031.com/traceyanddanita

Thousands of Canadian gun owners and advocates marched on Parliament Hill on Saturday as part of the Integrity March, an event organized by the Canadian Coalition for Firearm Rights. True North's Andrew Lawton, a licensed gun owner, travelled to Ottawa to cover the march. In this special edition of The Andrew Lawton Show, Andrew recaps the march, debunks the gun control activists' false claims, and speaks to Rod Giltaca and Tracey Wilson of the CCFR about their demand for integrity and their efforts to normalize gun owners. Also on the show: Conservative MP Bob Zimmer, wilderness guide and podcast host DJ “Yukon Strong” Sumanik, and other gun owners from all over Canada. Learn more about your ad choices. Visit megaphone.fm/adchoices

Integrity, those who govern us should have it and those who legally possess firearms are defined by it. On this week's episode, Tracey Wilson of the CCFR joins us to talk about the CCFR's big announcement – The Integrity March that is taking place in Ottawa on September 12th. Are you coming out? Join hopefully … Continue reading Episode 366 – March on Ottawa → The post Episode 366 – March on Ottawa appeared first on Slam Fire Radio.

Interesting times. On this week's episode Tracey Wilson from the CCFR joins us to talk about the OIC announcement that is rumoured to be happening this Friday. She discusses what firearms are supposed to be on the list and what we can do… Gun owners, stay united. Thanks everyone for listening, remember to join us … Continue reading Episode 352 – OIC Gun Ban in Canada → The post Episode 352 – OIC Gun Ban in Canada appeared first on Slam Fire Radio.

Kelly, Adriel, and Trevor review what they got up to in guns for 2019 and what they've got planned for 2020. Tracey Wilson also pops on to let us know what the CCFR is up to. Other Trevor's needs our help.  His house burned Tuesday and he lost everything.  If you can please send an … Continue reading Episode 339 – Recap of 2019, what's in Store for 2020 → The post Episode 339 – Recap of 2019, what's in Store for 2020 appeared first on Slam Fire Radio.

A .50 BMG, a shiny new Tikka, and a new Prime Minister! On this week's episode, we asked you, our listeners, what you would like to see under your Christmas tree because the Jolly Ol' Elf himself is a Slam Fire Radio listener too! And as an added bonus, Tracey Wilson of the CCFR, is … Continue reading Episode 335 → The post Episode 335 appeared first on Slam Fire Radio.

The highway of life is filled with flat squirrels that could not make a decision. This episode features a lot of squirrel moments and rabbit holes… But we finally have Tracey Wilson, Lobbyist and VP of Media Relations for the Canadian Coalition for Firearm Rights, on to discuss the election results and the recent caucus … Continue reading Episode 329 – Rabbit Holes and Squirrel Moments → The post Episode 329 – Rabbit Holes and Squirrel Moments appeared first on Slam Fire Radio.