Grant Dougherty is a fellow tax professional and has a passion for education. I align closely with this as education is one of my passions as well and is part of the reason that I created this podcast. Grant also has an amazing social presence as his content is very relatable and easy to understand which I love.

Today, I'm picking his brain about the foundational financial elements that all business owners should have in their business. We also discussed the role that real estate can play in your investment portfolio and what some potential tax benefits are from real estate investing.

Tune in to hear some helpful tips to get your business in line, and you may even take away a few real estate investing rumors that Grant mentions in the episode.

What you'll hear in this episode:

[2:25] Introduction to Grant

[5:07] What are some examples of key foundational elements that Grant looks for in a client to ensure a strong foundation?

[11:30] What is the cost of hiring the right financial help in your business?

[16:12] What are the compelling reasons people should invest in real estate?

[18:20] What are the advantages of rental income over wage income?

[22:17] What advice does Grant have for someone who's interested in getting started in real estate?

Connect with Grant:

@doughertytaxsolutions

Related Episodes:

How to Pay Yourself Based on Your Business Structure

What is a W-9 and Who Needs One?

Are GoFundMe Donations Deductible?

Resources:

* Find everything you need at https://www.keepwhatyouearn.com

* Questions about this episode? Text me!: https://my.community.com/shannonweinsteincpa

* Chat about this episode in the Keep What You Earn Community – http://keepwhatyouearn.circle.so/

* Hire us: https://www.fitnancialsolutions.com/accounting

* See how much you can save with an S Corp: https://www.keepwhatyouearn.com/keep-what-you-earn-s-corp-calculator

* Find me on IG https://www.instagram.com/shannonkweinstein/

* Meet me face-to-face on YouTube: https://www.youtube.com/channel/UCMlIuZsrllp1Uc_MlhriLvQ

* Featured in Yahoo Finance! Read more here: https://finance.yahoo.com/news/10-bookkeepers-accountants-watch-2021-113800161.html

The information contained in this podcast is intended for educational purposes only and is not individual tax advice. Please consult a qualified professional before implementing anything you learn.