Anderson Business Advisors Podcast

By AndersonAdvisors.com

Real Estate Investors, Stock Traders, and Business Owners guide to preserve their wealth, protect their assets, and prosper in the future.... more

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FAQs about Anderson Business Advisors Podcast:

How many episodes does Anderson Business Advisors Podcast have?

The podcast currently has 368 episodes available.

Anderson Business Advisors Podcast episodes:

December 24, 2019Think Bigger Realtor Success Strategies
Technology is changing real estate and information sharing. Well-paid realtors can’t just sit back and wait for buyers and sellers to show up. How do they remain relevant and fundamental in transactions? Today, Toby Mathis of Anderson Business Advisors talks to Justin Stoddart of Think Bigger Real Estate. Justin focuses on business development by serving as a business consultant to help real estate agents better serve their clients.
Highlights/Topics:
What’s the difference between an expert vs. technology/low-cost worker? Save money, but deal with significant net difference; someone knowing what they’re doing is true value by being net positive and putting more money in your pocket
Why are people enamored with technology in real estate space? People think they can do it themselves; who needs an expert when they can do it themselves and save money
Do Zillow, Redfin, and other online sites buy properties? Yes, they buy at wholesale and sell at resale; they don’t buy and hold properties to make profits
Why do people choose not to hire real estate experts when buying or selling a property? Matter of convenience, not transaction costs
What got Justin into real estate? Family business, studied construction management, left to start his own home building company
Is Justin’s passion building homes? No, he’s passionate about building people, growing people, and growing business
Does Justin plan to expand Think Bigger Real Estate? Yes, plans to go nationwide
How do real estate agents remain well paid and not be replaced by technology/low-cost workers? Innovate at pace equivalent to technology; be less salesy, more customer service oriented
Why select full-service real estate? Higher degree of service/quality, and pay for it
Why select Software as a Service (SaaS)? Lower degree of service/quality, and pay for it without advisors/experts
What drives Justin’s focus on real estate? Family life is where it’s at; great way to live
What helps make real estate agents successful?
Develop more business than you think you need; fire customers bad for your business, mindset, and quality of life
Differentiate yourself by having a voice; think bigger, educate others, and step into expert role
Resources
Justin Stoddart on Twitter
Think Bigger Real Estate
Multiple Listing Service (MLS)
Zillow
Redfin
H&R Block
Opendoor
Voodoo Doughnut
Amazon
Mel Robbins
Toby Mathis
Anderson Advisors
Anderson Advisors Tax and Asset Protection Event
Anderson Advisors on YouTube
...more
38min
December 17, 2019Tax Tuesdays with Toby Mathis 12-10-2019
‘Tis the season for giving, so how do donations to charities and nonprofits impact your taxes? Toby Mathis and Jeff Webb of Anderson Advisors provide answers to help you get through the holidays when helping others. Do you have a tax question? Submit it to taxtuesday@andersonadvisors.
Highlights/Topics:
I received a large sum of money via inheritance in 2019. How can this amount be protected and have the tax burden minimized? Inheritances are not taxable to recipient
Is keeping a log of miles always required? How should the car be purchased so all the miles are considered business? Keep track of all business miles via MileIQ; how car is purchased doesn’t matter as much as how the car is used
If I make a large stock contribution to my 501(c)(3), are there any capital allocation or income sourcing requirements that would force my charity to sell it off? No capital allocations or income sourcing requirements, but you must fulfill nonprofit’s purpose
Is a quitclaim deed sufficient to transfer the title of a timeshare from personal name to revocable living trust in California? Technically, you can, but most use a warranty deed; determine if ownership is deeded interest or right-to-use contract
For all questions/answers discussed, sign up to be a Platinum member to view the replay!
Go to iTunes to leave a review of the Tax Tuesday podcast.
Resources:
2019 Year-End Tax Planning Special
Tax Cuts and Jobs Act (TCJA)
Form 1065
501(c)(3)
MileIQ
Cost Segregation Tax Breaks!
1031 Exchange
Bonus Depreciation
Section 179
401(k)
Solo 401(k)
Roth IRAs
Form 1120
Opportunity Zones FAQ
Opportunity Zone Heat Map
Capital Gains Exclusion/Section 121
Depreciation Recapture
Section 1244 Stock Loss
Section 183
Types of Trusts
Real Estate Professional Requirements
Toby Mathis
Anderson Advisors
Anderson Advisors Tax and Asset Protection Event
Tax-Wise Workshop
Anderson Advisors on YouTube
Anderson Advisors on Facebook
Anderson Advisors Podcast
...more
1h 12min
December 10, 2019Financial Strategy Hacks!
You'll never go wrong, if you live by the Golden Rule: "Do unto others as you would have them do unto you." Today, Michael Bowman of Anderson Business Advisors and Bowman's Business Brief talks to George Antone, a financier and industry thought leader. George has the ability to take complex topics and make them easy to understand. He can change your perspective on financial life and teach you how to hack finances. His goal is to leave the world a better place by being in it.
Highlights/Topics:
Is there an overarching premise that George uses? Go straight to numbers; look at everything and ask, "How does this work, if it does work?"
When talking about investing and real estate, does George view leverage as good or bad? People need to understand and measure leverage; it can work for or against you
What is financial leverage? Borrow as much as possible vs. don't use debt for anything; find right amount of debt, not too much or too little
Is there good and bad debt? Good and bad debt exists; build wealth by focusing on using and measuring right debt and financial leverage
How much debt should you have? Determine debt-to-asset ratio as metric, depending on stage of life; most investors’ debt-to-asset ratio is too high (80-90%)
What is a loan constant? Measure of flexibility and risk for loan; monthly principal and interest (P&I) payment, multiplied by 12, and divided by loan amount to get percentage
What should you consider when buying property? Know what to do when market goes down and be ready for it
Are reserves necessary when using debt? Anytime you use debt, you must have reserves; money in the bank gives you peace of mind when using leverage
What’s the difference between delayed vs. instant gratification? Be safe, especially when market goes down, reserves become allies
How George sets up his reserves? Create two types of reserves, primary and secondary
Should you use reserves to bring a loan down? Refinance to lower payments; never use debt for reserves
What /when to measure? Make sure every investment and entity line up each quarter
Where’s the Finish Line when it comes to finances? Move faster, not backwards; generate a certain amount of money every year to maintain your purchasing power
What are banker’s rules? Play the spread game and pass all the negative impact of inflation to their depositors by being honest, ethical, and disciplined money manager
How to build wealth with fewer doors? Use new metrics and definition of success; start with good books and invest in knowledge
What are three metrics George recommends tracking? Debt-to-asset ratio, assets under management (AUM), maintain your reserves, and use right type of debt
Resources
George Antone
The Debt Millionaire by George Antone
The Wealthy Code by George Antone
The Banker’s Code by George Antone
Rich Dad, Poor Dad by Robert Kiyosaki
Michael Bowman
Anderson Advisors
Anderson Advisors Tax and Asset Protection Event
Anderson Advisors on YouTube
...more
46min
December 03, 2019Tax Tuesdays with Toby Mathis 11-26-2019
Did you gain too much on Thanksgiving? Spend too much of your income on Black Friday? It happens. Make better decisions when it comes to your taxes by listening to Toby Mathis and Jeff Webb of Anderson Advisors. Do you have a tax question? Submit it to taxtuesday@andersonadvisors.
Highlights/Topics:
Can you ever do a 1031 exchange for tax lien certificates? No, unless you have a right to own or take title of property; different states have different statutes
Are free-and-clear properties taxed heavier? Doesn’t matter if you have a loan against a property, but you don’t have a mortgage interest deduction
What are the tax consequences of borrowing money from a private lender and agreeing to pay a fixed percentage over time? You get money to do your development; paying back percentage of interest or profits reduces gain of taxes that you’ll pay
What itemized deductions will be allowed for 2019 returns? Mostly the same as 2018; refer to Schedule A for medical expenses, mortgage interest, and charitable giving
What’s the best vehicle to use for retirement without paying taxes on it? Best and safest methods include annuities, bonds, stocks, and real estate
For all questions/answers discussed, sign up to be a Platinum member to view the replay!
Go to iTunes to leave a review of the Tax Tuesday podcast.
Resources:
Tax-Wise 2019 3-in-1 Offer/2fer Tuesday Bulletproof
Roth IRAs
Types of Trusts
1031 Exchange
Bonus Depreciation
401(k)
Solo 401(k)
Qualified Retirement Plan (QRP)
Colorado Homestead Exemption
Garn-St. Germain Act
Opportunity Zones FAQ
Opportunity Zone Heat Map
Depreciation Recapture
Capital Gains Exclusion/Section 121
Tax Cuts and Jobs Act (TCJA)
Cost Segregation Tax Breaks!
Form 3115
Section 179
Form 568
MileIQ
Schedule A
Schedule E
Ed McMahon Settles Suit Over Mold for $7.2 Million
501(c)(3)
Section 1244 Stock Loss
Annuities vs. Bonds: What's the Difference?
Toby Mathis
Anderson Advisors
Anderson Advisors Tax and Asset Protection Event
Tax-Wise Workshop
Anderson Advisors on YouTube
Anderson Advisors on Facebook
Anderson Advisors Podcast
...more
1h 6min
November 26, 2019Stock Investing Insights
Would you rather spend money on a Lamborghini, mansion, and jet, or make more money for non-profit ventures? Sometimes, something outside of ourselves drives us to do amazing things for other people.Today, Toby Mathis of Anderson Business Advisors talks to Bryan Canter, an experienced investor turned active trader. He has spent the past seven years developing his trading education through several training programs.
Highlights/Topics:
What prompted Bryan to get into trading? Interest in non-profit side that needed funding by leveraging existing job and money
What’s Bryan’s level of involvement? Expected 8 hours a day for 4-5 years of education to reach expert level to dedicate 1 hour a day for market assessment and set up trades
How and where did Bryan start? Introduction to trading stocks and options at David Mitchell’s trading education company called, Neuventure, now named TRADEway
What were Bryan’s results? Lost money, but not because of the system; 5% of traders are successful, and 95% of traders lose money
Is Bryan making money now? Yes, by primarily trading in futures markets
What’s Bryan’s advice for others? Find platforms that give you ability to paper trade
What are naked calls and naked puts? If selling naked puts, you don't own the company, but someone can make you buy it at a certain price
Did Bryan get free money and sell a put (you get money, and you get to keep it)? Two strategies: Sell naked puts on stocks and crude oil futures
What's the percentage loss that Bryan’s willing to take? 25% loss on selling puts, but usually gets 10% gains
What’s the difference between investing and trading? In real estate, investing is owning rental real estate, and trading is buying something (i.e., fix-and-flips)
What’s the purpose of options? Acts as insurance because prices of options fluctuate with market volatility and decrease in value over time
What makes a successful trader? Recognize need and commit time for college-level education; and find mentor assess trades with people
What’s Bryan actually trading? Follows trend trading strategy, but not trying to pick the top or bottom, but 60-70% of the middle
Why Bryan likes futures over stocks? Fair growth stocks can be Ponzi scheme, if they're not paying a dividend; futures contract usually goes against some kind of commodity
What is Bryan’s advice for future investors about stock vs. futures markets? Put every penny you can into investing in high-quality dividend paying stocks
Resources
Exchange-Traded Funds (ETFs)
Mutual Funds
Nonprofits and Charities
TRADEway
Online Trading Academy
Infinity Investments
Infinity Investing Workshop
Qualcomm
Nikkei
Jeremy Siegel
The Future for Investors: Why the Tried and the True Triumph Over the Bold and the New
Toby Mathis
Anderson Advisors
Anderson Advisors Tax and Asset Protection Event
Anderson Advisors on YouTube
...more
43min
November 19, 2019Tax Tuesdays with Toby Mathis 11-12-2019
Taxes can be fun. Just ask those who attended the recent Tax-Wise Workshop and Tax Tuesdays hosted by Toby Mathis and Jeff Webb of Anderson Advisors. Do you have a tax question? Submit it to taxtuesday@andersonadvisors.
Highlights/Topics:
I have a corporation, but it does not earn income. Do I still need to file a return? Yes, you’re required to file a return every year of its existence
If I am self-employed, or own a small business, are the health insurance premiums tax deductible? Yes, health insurance premiums, but you can’t write-off other costs
What are the differences between a Solo 401(k), Qualified Retirement Plan (QRP), and Cash Balance Pension? Most 401(k)s and QRPs are defined contribution and/or profit sharing plans; Cash Balance Pension is a defined benefit plan
How do I sell a husband-and-wife owned C Corp to reduce taxes? Whenever selling a business, try to sell the company’s shares for long-term capital gains
Can I offset gains from rents with depreciation? Yes
I have eight units in my own name. Will I save on taxes this year, if I transfer them under my LLC? No, it doesn’t make any difference; there’s no real benefit to doing it that way
For all questions/answers discussed, sign up to be a Platinum member to view the replay!
Go to iTunes to leave a review of the Tax Tuesday podcast.
Resources:
HUD/Section 8 Housing
Cost Segregation Tax Breaks!
401(k)
Solo 401(k)
Qualified Retirement Plan (QRP)
Cash Balance Pension
280A
Opportunity Zones FAQ
Opportunity Zone Heat Map
Foreign Earned Income Exclusion
Roth IRAs
501(c)(3)
K-1
Participation Loan Agreement
Real Estate Professional Requirements
Passive Activity Losses - Section 469
Depreciation Recapture
Bonus Depreciation
Capital Gains Exclusion/Section 121
Section 105 Health Plan Reimbursement
Self-Employment Tax
Schedule E
Section 1244 Stock Loss
Kiddie Tax
Types of Trusts
Unrelated Business Income Tax (UBIT)
Toby Mathis
Anderson Advisors
Anderson Advisors Tax and Asset Protection Event
Tax-Wise Workshop
Tax-Wise 2019 3-in-1 Offer/2fer Tuesday Bulletproof
Anderson Advisors on YouTube
Anderson Advisors on Facebook
Anderson Advisors Podcast
...more
1h 15min
November 12, 2019Commercial Real Estate Investment Success
Did you ever have a lemonade stand when you were a kid? Work in the family business? Eventually, go on to handle tenant coordination, project management, and retail/restaurant pad site development? Today, Clint Coons of Anderson Business Advisors talks to Pam Goodwin, founder of Goodwin Commercial. Being an entrepreneur at such a young age inspired Pam to start her own company to guide local and national clients with commercial real estate acquisitions, lease obligations, and consulting services.
Highlights/Topics:
What is a ground lease? Purchase commercial land, find tenant, lease property to them, collect revenue, and sell land at cap rate
What to look for when buying commercial property? Explore community to determine what type of use is missing and re-develop property
What is a single-tenant net lease? Single tenants are those that lease commercial properties (i.e., Taco Bell, McDonald’s, and Wendy’s)
How to find profitable commercial real estate? Perform due diligence, team up with experts, and attend commercial real estate networking events
What’s the future of commercial real estate? Still a growth market, but slowing down
Where to invest in commercial real estate? Georgia, Texas, and Oklahoma are among “hot” markets to find opportunities; buy in the path of progress
Resources
Pam Goodwin
Pam Goowin’s Email
Pam Goodwin on LinkedIn
Goodwin Commercial
One Cent Lemonade to Million Dollar Deals
Winning Ways in Commercial Real Estate
Real Estate Forum
Forbes Real Estate Council
International Council of Shopping Centers (ICSC)
Women’s Leadership Live
Texas Real Estate Commission
Think Realty
Small Business Administration (SBA)
Eventbrite
1031 Exchange
Clint Coons
Anderson Advisors
Anderson Advisors Tax and Asset Protection Event
Anderson Advisors on YouTube
...more
26min
November 05, 2019Tax Tuesdays with Toby Mathis 10-29-2019
Afraid of taxes? Spooked about getting audited? Halloween isn’t the only day of the year that most of us fear. So, Toby Mathis and Jeff Webb of Anderson Advisors provide fast, fun, and educational answers to your tax questions. Do you have a tax question? Submit it to taxtuesday@andersonadvisors.
Highlights/Topics:
How can I minimize taxes for someone with no children and no longer able to itemize miscellaneous deductions under new tax laws? Depends on where income comes from
Can you get lender financing for a property deposit from a self-directed IRA? Not likely because IRA can’t be collateral, but a 401(k) can be used
Are horses and their expenses tax deductible? Yes; some are also depreciable
What do you need to do to use the Medical 105 Plan and reimburse your medical expenses? Corporation with plan document is required; show receipts for reimbursement
What does DBA mean? Doing business as (a.k.a., Fictitious Name)
Should I form an LLC or Corporation for rental properties? Corporation should be your last choice; LLC is not a tax designation; put rental properties on your personal return
If I purchase one or more vehicles, with the intent of renting them out, should I title them in an LLC? Yes, due to liability; also have immaculate maintenance records, commercial insurance, and titled to renter’s LLC
Can I offset gains from rents with depreciation? Yes; rental income is offset by all your rental property expenses, including depreciation
Can a small, newly set up LLC buy a property? Yes, seasoning requirement isn’t required
For all questions/answers discussed, sign up to be a Platinum member to view the replay!
Go to iTunes to leave a review of the Tax Tuesday podcast.
Resources:
Pre-order Book Deal: Tax-Wise Business Ownership
1031 Exchange
Real Estate Professional Requirements
Types of Trusts
Schedule A
Schedule C
Schedule E
K-1
Form 1065
Uniform Limited Liability Company Act (ULLCA)
Roth IRAs
Health Savings Account (HSA)
Home Office Deduction
Tax Cuts and Jobs Act (TCJA)
Depreciation Recapture
Bonus Depreciation
Passive Activity Losses - Section 469
501(c)(3)
Opportunity Zones FAQ
Opportunity Zone Heat Map
Capital Gains Exclusion/Section 121
Modified Accelerated Cost Recovery System (MACRS)
Cost Segregation Tax Breaks!
401(k)
403(b)
IRC 183
Section 105 Health Plan Reimbursement
Forms of Compensation 26USC61
Section 1244 Stock Loss
Rollovers as Business Start-Ups (ROBS)
Toby Mathis
Anderson Advisors
Anderson Advisors Tax and Asset Protection Event
Tax-Wise Workshop
Tax-Wise 2019 3-in-1 Offer/2fer Tuesday Bulletproof
Anderson Advisors on YouTube
Anderson Advisors on Facebook
Anderson Advisors Podcast
...more
1h 20min
October 29, 2019Creating A Personal Legacy
Do you know much about your parents and grandparents? Where they came from? How they lived? Today, Toby Mathis of Anderson Business Advisors talks to Chad Ketcher of Generation Bridge Media. Chad captures the lives of senior citizens on video to help them create a personal legacy and bridge the generational gap. Otherwise, all is lost and left behind for future generations.
Highlights/Topics:
Why drawn to conversations with senior citizens? Most fascinating and interesting people willing to share great stories and wisdom
Why build a bridge between high schoolers and seniors (over 60 years old)? Show current teenagers what it was like to be teenagers decades ago
Why did Chad create a Memory Planning Toolkit? Offers worksheets that spark specific memory points to document or video stories from senior citizen’s perspective
Why video instead of write your legacy? Video captures non-verbal communication, from hand gestures to eye rolling; 93% of our communication is non-verbal
Who was the prankster, crazy uncle, or bridezilla in your family? Lives are built on remembering family dynamics and personalities that create classic moments
What is Chad’s process? Have camera, will travel for in-person interviews where seniors communicate and pass down their values, beliefs, and messages
What’s the most interesting story told to Chad? Gordy Sundin, a professional athlete who went from majors to minor league and released; Gordy felt safe to share and confess deep and meaningful things with his family that had never been said before
Resources
Exclusive offer from Generation Bridge for Anderson Business Advisors
Generation Bridge Media
Generation Bridge Media on YouTube
Generation Bridge Media on Facebook
Gordy Sundin’s Story
Toby Mathis
Anderson Advisors
Anderson Advisors Tax and Asset Protection Event
Anderson Advisors on YouTube
...more
40min
October 22, 2019Tax Tuesdays with Toby Mathis 10-15-2019
As they attend an Executive Retreat in Maui, Toby Mathis and Michael Bowman of Anderson Advisors help you watch out for sharks, especially when it comes to taxes. Do you have a tax question? Submit it to taxtuesday@andersonadvisors.
Highlights/Topics:
Can I take advantage of business deductions, if I don’t directly own rental properties, but invest in real estate as a limited partner in syndications and funds that generate K-1s? No; have one entity for investments and one entity to manage investments entity
Regarding the 280A Form, how do I get reimbursed? You don’t have to report payment as income or pay taxes on it
Can the Charitable Purpose Board’s activities take place in another country? Yes, approve it in the United States, but perform activities in another country
If I purchase a property within an opportunity zone and start a business based from that building, do I still need to improve the property? Yes, substantially improve the property
If a person uses cost segregation on rental home, isn’t depreciation recaptured upon sale of home? Can a 1031 Exchange be used? Cost segregation lets you write-off things and a 1031 Exchange can be used
For all questions/answers discussed, sign up to be a Platinum member to view the replay!
Go to iTunes to leave a review of the Tax Tuesday podcast.
Resources:
U.S. Government Accountability Office (GAO)
501(c)(3)
Passive Activity Losses - Section 469
Airbnb
Cost Segregation Tax Breaks!
1031 Exchange
Opportunity Zones FAQ
Opportunity Zone Heat Map
K-1
Section 280A Deduction
HUD
Real Estate Professional Requirements
Roth IRAs
Tax Cuts and Jobs Act (TCJA)
Schedule A
Depreciation Recapture
Bonus Depreciation
Capital Gains Exclusion/Section 121
Schedule E
Form 5500
Form 4797
Health Savings Account (HSA)
Form 1065
Types of Trusts
Form 2553
Section 1231 Property
Toby Mathis
Michael Bowman
Anderson Advisors’ Executive Retreat
Anderson Advisors
Anderson Advisors Tax and Asset Protection Event
Tax-Wise Workshop
Tax-Wise 2019 3-in-1 Offer/2fer Tuesday Bulletproof
Anderson Advisors on YouTube
Anderson Advisors on Facebook
Anderson Advisors Podcast
...more
1h 11min

FAQs about Anderson Business Advisors Podcast:

How many episodes does Anderson Business Advisors Podcast have?

The podcast currently has 368 episodes available.

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