BawldGuy Interviews Podcast

BawldGuy audio with Jeff Brown and our guest Chris LaSpada.

 

Topics:

1. When your clients invest in residential income property, what’s the most common deduction they seem to miss on their tax return?

2. Would you please talk about kitchen appliances ‘n washers & dryers as it relates to 5 year depreciation timelines?

3. What’s your take on not including those save completely depreciated appliance in the sale price, but passing it on to the buyer for $0?

4. What goes into the decision to sell or not, from your viewpoint?

BawldGuy audio with Jeff Brown and our guest Dave Van Horn.

 

Topics:

1. What’s your favorite and profitable long term strategy when it comes to investing into performing notes?

2. What’s your take on short term plays for quick profit? How many strategies are available?

3. Would you please address using the purchase of non-performing notes as the way to invest long term into real estate.

4. Looking back on 2016, what couple of strategies turned out as standout performers?

BawldGuy audio with Jeff Brown and our guest Dave Van Horn.

 

Topics:

1. What’s the first change that becomes visible to note investors when there’s an economic downturn?

2. Would you please discuss the reality that if foreclosure becomes necessary, that the option of selling the newly acquired property isn’t always on the menu?

3. Another option after foreclosure is selling for cash to an investor looking for a ‘turnkey’ investment. Would you please expand on that?

4. What’s your view of the next few years for our national economy, Dave?

BawldGuy audio with Jeff Brown and our guest Dave Shafer.

 

Topics:

Let’s compare the last 25 years to what regulations force us to use in predicting tax free income via an EIUL.

1. Let’s look at a 32 yr old healthy woman giving $500/mo indexed to inflation as a premium. 30 years with 30 years of income. How much using the regulated return? How much using the empirically historic return of the last quarter century?

2. Same comparison: 45 yr old man for 15 yrs wanting a 30 yr payoff period.

3. Same comparison: 50 yr old woman puts $500k over 4 yrs and a day equally. What would be her 30 year payoff beginning at age 65? 4. Same comparison: A 21 yr old who starts with a premium of $100/mo and except for the inflation index, never unitlaterally increases that amount regardless of his rising personal income. He does this for 44 years, which finds him receiving income starting at age 65, for 30 years.

BawldGuy audio with Jeff Brown and our guest Dave Shafer.

 

Topics:

1. A 45 year old man who takes on a $1k/mo premium, inflation indexed, for 15 years. He wants the income to come for just the same 15 years. During those second 15 years he’s gonna do another 15 year premium, for another 15 years of income. How much income each time around?

2. After netting a big payday from the sale of real estate, a 40 year old lady puts $400k into an EIUL, 4 years and a day premium plan. She wants it to begin paying off at age 65, and last for 30 years. How much will she receive per year?

3. A couple have a baby girl, now 1.5 years old. They wish to put $500/mo into an EIUL for her to help pay college expenses 16 years from now. If she graduates in 4 years, then doesn’t take any income from that point ’til she’s 60, how much would she get for each year of college, and how much at age 60, for the next 30 years?

4. Would you please expand on the amount of flexibility the policy holder has when wanting to change a few things due to life happening.

BawldGuy audio with Jeff Brown and our guest Chris LaSpada.

 

Topics:

1. Given the option do you take income this year or next year, and why?

2. Please go into the mechanics of taking advantage of either tax cuts or newly acquired tax shelter via taking more exemptions at work. (increasing take home pay)

3. Getting married? This year or next year, tax wise? 🙂

4. In your experience what’s the most common mistake made doing end of year income tax/income timing decisions?

BawldGuy audio with Jeff Brown and our guest Dave Shafer.

 

 

Topics:

1. AT 35 a couple wish to retire at 50. What tax free income would be generated if they did the following? $1,500/mo indexed to inflation for 15 years. Followed by the same premium amount for the next 15 years. (Feel free to add in a small ‘jumpstart’ amount, as per usual, Dave. That goes for each scenario.)

2. An investor sells one of his rentals netting nearly all of the proceeds tax free. He’s 45 and wishes to stop working around 65. His net proceeds were $350k. What tax free income would be generated?

3. A 25 year old young lady can afford $250/mo with a goal to retire at 55 years old. If she jumpstarts the policy with $2k, what would her tax free income be in 30 years?

4. A 50 year old inherits $100k. They know all they’ll have at retirement is Social Security for income. What tax free income could they generate in 15 years from this amount?

BawldGuy audio with Jeff Brown and our guest Chris LaSpada.

 

 

Topics:

1. What’s the formula for figuring out one’s adjusted cost basis on a specific property?

2. Most investors believe the cap gains tax rate is 15%. However, we know some folks pay a much higher rate. Would you please elaborate?

3. Is it possible to have net proceeds totaling a lower amount than the taxes you might owe?

BawldGuy audio with Jeff Brown and our guest Dave Van Horn.

 

 

Topics:

1. Why do investors buy these with less equity behind ‘em than appears safe?

2. What’s your experience with them, as I’ve had much more experience with junior position notes than first position.

3. How are junior liens secured by real estate treated in BK court?

4. In general, how do note investors fare in foreclosure?

BawldGuy audio with Jeff Brown and our guest Chris LaSpada.

 

 

Topics:

1. Why can’t some investor/taxpayers use depreciation against their ordinary (job) income?

2. Does the unused depreciation just go away, or just sit there, unused?

3. Isn’t the usual strategy with cost segregation to shelter massive cash flow in the first few years?

4. Would you please explain to the listeners exactly what happens when the property is sold, and the unused depreciation is still sitting on the sideline so to speak?