HIG Podcast

Bronson Kaufusi and MattyP are back with Part 2 of Jason’s recent lecture on tax strategy! 

In part 2, Jason dives into the benefits offered by claiming the Real Estate Professional Status (REPS), and explains how active REPS status vs passive REPS status changes how depreciation loss works. He also covers the strategy behind converting traditional 401K and IRA funds to Roth Retirement Accounts without paying taxes on the conversion. He also touched briefly on 1031 Exchanges, Opportunity zones, and Primary Resident Tax Exclusion.

This lecture was centered on a concept best said by Tom Wheelwright.

“The government doesn’t want you to pay taxes. The government wants you to invest in things that create jobs, that create wealth, that create prosperity. And one of those things is real estate.  Investing in real estate isn't just about building personal wealth; it's about providing solutions to societal needs. By creating housing, revitalizing communities, and improving infrastructure, investors help solve problems the government often cannot address alone—and the tax code rewards those contributions with incentives like depreciation and deductions."  

The HIG Podcast and its affiliates do not provide tax, legal or accounting advice. The material included in this podcast has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.

Show notes: Tax-Efficient Truck Stop Investments | Harris Investment Group, Bronson Kaufusi, Matt Pinnell, real estate investing, commercial real estate investment, passive real estate income, real estate investment opportunities, alternative real estate investments, 1031 exchange investments, real estate syndication, direct real estate ownership, income producing properties, real estate fund investment, truck stop investments, NNN travel centers, fuel station real estate, truck stop investments in Texas, commercial properties in the Southeast, investment opportunities, invest in gas stations, tax efficient investments, depreciation benefits real estate, cash flowing investments, accelerated depreciation opportunities, bonus depreciation real estate, stable cash flow investments, passive investment income

One of Jason’s favorite things to do is share the knowledge he has gained throughout his years of investing. Harris Investment Group recently hosted a lecture series where Jason spoke on a number of investing topics, including tax strategy.

On this episode of the HIG Podcast, Bronson Kaufusi and MattyP are happy to bring you the first half of Jason’s lecture on tax strategy. He talks about three rules to the game of taxes, the benefits of tax law, five goals of every government, and the areas the Government incentivizes citizens. 

Jason focuses on depreciation (AKA the king of all deductions), and shares a case study from a recent investment to illustrate the value of depreciation in the game of taxes. So tune in, and get ready for part 2, which will be released in the coming days. 

The HIG Podcast and its affiliates do not provide tax, legal or accounting advice. The material included in this podcast has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.

Show notes: Tax-Efficient Truck Stop Investments | Harris Investment Group, Bronson Kaufusi, Matt Pinnell, real estate investing, commercial real estate investment, passive real estate income, real estate investment opportunities, alternative real estate investments, 1031 exchange investments, real estate syndication, direct real estate ownership, income producing properties, real estate fund investment, truck stop investments, NNN travel centers, fuel station real estate, truck stop investments in Texas, commercial properties in the Southeast, investment opportunities, invest in gas stations, tax efficient investments, depreciation benefits real estate, cash flowing investments, accelerated depreciation opportunities, bonus depreciation real estate, stable cash flow investments, passive investment income

Matt Denning, Harris Investment Group's Chief Investment Officer, joins Bronson Kaufusi and MattyP to discuss the state of financial markets and the key factors shaping the economy as we approach 2025. With a focus on interest rates, inflation, and Federal Reserve policies, the conversation unpacks their impact on borrowing costs and market trends, offering valuable insights for investors.

Matt dives into the complexities of interest rate movements, momentum trading, and the broader implications of government policies, including tax strategies that could influence inflation and economic growth. The discussion explores potential ripple effects across sectors like real estate and strategies to adapt in an evolving landscape.

The episode also takes a closer look at specific investments, particularly in multifamily housing and gas stations. Matt highlights the unique tax benefits of gas stations, challenges for multifamily property owners, and the importance of capitalizing on market shifts. Packed with practical strategies and forward-looking perspectives, this episode equips listeners to navigate 2025 with confidence.

Additional show notes: Rhode Island, New York, inflation, interest rates, loans, Trump Administration, elections, Tax Cut and Jobs Act, Tax-Efficient Truck Stop Investments | Harris Investment Group, Bronson Kaufusi, Matt Pinnell, real estate investing, commercial real estate investment, passive real estate income, real estate investment opportunities, alternative real estate investments, 1031 exchange investments, real estate syndication, direct real estate ownership, income producing properties, real estate fund investment, truck stop investments, NNN travel centers, fuel station real estate, truck stop investments in Texas, commercial properties in the Southeast, investment opportunities, invest in gas stations, tax efficient investments, depreciation benefits real estate, cash flowing investments, accelerated depreciation opportunities, bonus depreciation real estate, stable cash flow investments, passive investment income

Get ready for an engaging and insightful conversation on the latest episode of the HIG Podcast! This week, Bronson Kaufusi and MattyP sit down with returning guest Jesse Yeats for a deep dive into the important distinction between relative returns and absolute returns. 

Jesse, a seasoned investment professional, shares his unique perspective on navigating markets, understanding returns, and the psychology of investing. From his early days trading stocks in junior high to his current role as Head of Investor Relation and Capital Raising at Harris Investment Group, Jesse unpacks key concepts he has learned throughout his career, like ROI (Return on Investment), IRR (Internal Rate of Return), and cash-on-cash returns.

Jesse tells us why understanding the difference between absolute returns vs. relative returns is crucial in today’s volatile market, and he expounds on his favorite investing adage, “Time in the market is better than timing the market.” 

Whether you’re a seasoned investor or just starting, this episode is packed with actionable insights, practical tips, and some great book recommendations to level up your financial knowledge. Don’t miss it!

Additional show notes: Hiking, trail runners, snow hikes, Thursday boots, Lake Blanche, frozen feet, good food, hot pot, peppercorn, Christmas waterfall, ramen, cheddar noodle, spicy, ROI, return metrics, Internal rate of Return, IRR, Cash on cash, relative returns vs absolute returns, Tax-Efficient Truck Stop Investments | Harris Investment Group, Bronson Kaufusi, Matt Pinnell, real estate investing, commercial real estate investment, passive real estate income, real estate investment opportunities, alternative real estate investments, 1031 exchange investments, real estate syndication, direct real estate ownership, income producing properties, real estate fund investment, truck stop investments, NNN travel centers, fuel station real estate, truck stop investments in Texas, commercial properties in the Southeast, investment opportunities, invest in gas stations, tax efficient investments, depreciation benefits real estate, cash flowing investments, accelerated depreciation opportunities, bonus depreciation real estate, stable cash flow investments, passive investment income

Bronson Kaufusi and MattyP welcome special guest and Harris Investment Group’s Commercial Real Estate Specialist, Chuck Matheny, to the HIG Podcast.

Chuck's journey with Harris Investment Group began when he became friends with an old neighbor, who happened to be Jason Harris. Before long, their friendship blossomed into a fruitful business partnership. With his experience and expertise in commercial real estate, Chuck quickly became a valuable asset to the team, helping to shape and expand HIG's investment strategies.

Chuck discusses the evolution of HIG’s investment focus, highlighting the transition from multifamily real estate to the addition of gas stations and truck stops in their portfolio. This strategic shift has proven to be highly profitable and is a big part of HIG’s investment strategy. Chuck recalls his favorite gas station deal (so far) and illustrates how understanding the nuances of each investment can lead to greater success.

This episode is full of insights about why HIG began including truck stops and gas stations into their investment offerings. Join us as Chuck dives into the strategies that are shaping HIG’s success!

Additional show notes: Oogie Boogie Bash, Chuck Taylor, Converse, Disneyland, Back to the Future, fund investment, syndication investment, tax strategies, cost segregation studies, gas station, truck stop, cap rate, IRR, owner vs operator, relationship business, Wapakoneta Ohio, Atkins Arkansas, senior prank, and steel belted tires.

Bronson Kaufusi and MattyP welcome Jason Harris back to the HIG Podcast to talk about the recent grand opening of Harris Investment Group’s new 7th floor office, located in the Harris Financial Center. 

This event marked a remarkable journey for Jason. From his humble beginnings in small-town Amarillo, Texas, to becoming a successful investor, mentor and CEO, Jason's journey was shaped by the early financial struggles his parents experienced. This fueled his determination to change his circumstances and, ultimately, lead to the creation of Harris Investment Group.

During our recent grand opening event, those in attendance were asked, “If you could ask Jason Harris one question, what would it be?” In this episode, Jason answers those questions and provides valuable insights into his success. 

Enjoy!

Additional show notes: Responding to messages, AI, Zig Ziglar, grand opening, basketball, real estate, investing, investments, struggles make us stronger, Provo, Utah, motivational speeches in the home, funeral for family friend, internal drive, mindset, future of HIG, why is HIG special, Tax-Efficient Truck Stop Investments | Harris Investment Group, Bronson Kaufusi, Matt Pinnell, real estate investing, commercial real estate investment, passive real estate income, real estate investment opportunities, alternative real estate investments, 1031 exchange investments, real estate syndication, direct real estate ownership, income producing properties, real estate fund investment, truck stop investments, NNN travel centers, fuel station real estate, truck stop investments in Texas, commercial properties in the Southeast, investment opportunities, invest in gas stations, tax efficient investments, depreciation benefits real estate, cash flowing investments, accelerated depreciation opportunities, bonus depreciation real estate, stable cash flow investments, passive investment income

Bronson Kaufusi and MattyP welcome Lisa Turner, Harris Investment Group’s Chief Administration Officer, to the HIG Podcast! Lisa was Jason Harris’ first official investor, Harris Investment Group’s first official employee, and Jason’s first (and only) official mother-in-law.

Lisa knows real estate. When she was a child, her father owned apartment complexes where she learned the ins and outs of property ownership and management. After managing her father’s properties, Lisa and her husband, Jim, decided to buy their first investment property in 1999, and have used real estate to generate their financial momentum throughout their entire marriage. 

14 years (and a number of investment properties) later, Lisa found herself in her kitchen discussing an investment opportunity with her newly acquired son-in-law, Jason. Eager to get into the investing world and apply all the knowledge he had gained, Jason was committed to find a way to make this opportunity work. 

Additional show notes: Harry Potter, golden snitch, mountain biking, real estate, Provo, Utah, Harris Financial Center, basketball, 2-plex, 4-plex, Trimble, Missouri, Tax-Efficient Truck Stop Investments | Harris Investment Group, Bronson Kaufusi, Matt Pinnell, real estate investing, commercial real estate investment, passive real estate income, real estate investment opportunities, alternative real estate investments, 1031 exchange investments, real estate syndication, direct real estate ownership, income producing properties, real estate fund investment, truck stop investments, NNN travel centers, fuel station real estate, truck stop investments in Texas, commercial properties in the Southeast, investment opportunities, invest in gas stations, tax efficient investments, depreciation benefits real estate, cash flowing investments, accelerated depreciation opportunities, bonus depreciation real estate, stable cash flow investments, passive investment income

One of our favorite things to do here at Harris Investment Group is to connect with our investor partners. We strive to be a resource and tool that extends beyond a standard quarterly communication. Like our multifamily and truck stop investments, we make an effort to add value to the relationships we share with each investor by providing a unique and unforgettable experience.

In this episode, Bronson Kaufusi and MattyP welcome Kyle Turner to discuss the HIG Investor Experience and how the Harris Financial Center is a key factor in this experience; more specifically Floor 1 – AKA The Club. 

The Club officially opened in 2024 and is a haven of fun, fitness, relaxation, and rejuvenation. Housing a gold simulator, a pickleball court, full gym, hot tub, cold plunge and sauna, there is an activity suited for everyone. What’s even better is this space is also used to host conferences, gatherings, and corporate events. 

Want to know exactly how we utilize this space, or how you can utilize it with us? Be sure to listen to find out!

Show notes: Tax-Efficient Truck Stop Investments | Harris Investment Group, Bronson Kaufusi, Matt Pinnell, real estate investing, commercial real estate investment, passive real estate income, real estate investment opportunities, alternative real estate investments, 1031 exchange investments, real estate syndication, direct real estate ownership, income producing properties, real estate fund investment, truck stop investments, NNN travel centers, fuel station real estate, truck stop investments in Texas, commercial properties in the Southeast, investment opportunities, invest in gas stations, tax efficient investments, depreciation benefits real estate, cash flowing investments, accelerated depreciation opportunities, bonus depreciation real estate, stable cash flow investments, passive investment income

The unknown can be scary and intimidating. When you add different involving elements into the unknown, like financial responsibilities, the risk of failure, and/or a significant other, the unknown can quickly become something that feels more overwhelming than it really is. So how can you navigate the unknown of investing and build a better mindset?

In this episode, Bronson Kaufusi and MattyP sit down with Wes Hackett, one of Harris Investment Group’s very first investors to address that very issue. Wes talks about how he built his mindset to invest, and how it ended up being the best financial decision he ever made. 

So, what is his recipe for success? Be sure to listen to find out!

Additional show notes: Traeger Grills, Jeremy Andrus, BBQ, salmon, volleyball, Utah State, BYU, NFL, the safe place, USA rugby, Spiff Sedrick, shoes, patience, mindset, investing, opportunities, be brave., Tax-Efficient Truck Stop Investments | Harris Investment Group, Bronson Kaufusi, Matt Pinnell, real estate investing, commercial real estate investment, passive real estate income, real estate investment opportunities, alternative real estate investments, 1031 exchange investments, real estate syndication, direct real estate ownership, income producing properties, real estate fund investment, truck stop investments, NNN travel centers, fuel station real estate, truck stop investments in Texas, commercial properties in the Southeast, investment opportunities, invest in gas stations, tax efficient investments, depreciation benefits real estate, cash flowing investments, accelerated depreciation opportunities, bonus depreciation real estate, stable cash flow investments, passive investment income

Buckle up -- Matt Denning joins Bronson Kaufusi and MattyP in the HIG podcast studio again! If there is one undeniable fact about Matt Denning, it is that he understands financial markets better than anyone else. Just listen to this guy and tell us we are wrong. 

In this episode, Matt offers a solid look at our current financial markets and discusses possible trends that we may see in the coming months. With the announced federal rate cut, the elections looming on the horizon, and the financial market being infused with anticipation and uncertainty, this episode couldn't have come at a better time.

While discussing the lending market, we shift gears and talk about Bear Lake Vistas, Harris Investment Group's land development project at Bear Lake in Garden City, Utah. Bear Lake Vistas is the first lake retreat and ski resort hub in Garden City. These exclusive townhomes utilize cutting-edge thermal graphene radiant heat technology in the walls, floors, and ceilings, making them extremely energy efficient. They also offer year-round amenities that include an indoor pool, golf simulators, pickleball courts, bowling alleys, hot tubs, and rooftop use on every unit.

Lastly, do you know what the average duration of a 30 year mortgage is? Here's a hint... it's not 30 years. Tune in to hear the answer! 

Additional show notes: interest rates, aloha, Provo, Utah, federal rate cut, FDIC, risk premium, equity markets, VIX index, MOVE index, prime rate plus, interest rates, multifamily, bridge loans, truck stops, lending markets, Utah Hockey Club.