Real Life Planning Podcast

In Episode 41, Vekevia Tillman-Jones discusses the transformative benefits of working with a business coach. Vekevia shares her insights as a seasoned business coach, highlighting how coaching empowers entrepreneurs to align their goals, overcome challenges, and achieve sustainable growth.

"There’s no shame in asking for help or in needing guidance to take your business to the next level." - Vekevia Tillman-Jones

This week on Real Life Planning Podcast:

💡What makes trust essential in a coaching relationship? [00:00:11]

💡Why is shame a common challenge for business owners? [00:03:00]

💡How can a business coach help you delegate and scale your business? [00:05:34]

💡What’s the connection between personal goals and business success? [00:07:47]

💡How can a business coach guide you in making your business less dependent on you? [00:12:06]

Connect with Real Life Planning:

• Facebook: https://www.facebook.com/reallifeplanning
• LinkedIn: https://www.linkedin.com/company/real-life-planning
• X: https://x.com/cynthiameyer_ff​
• Instagram: https://www.instagram.com/rentalpropertyclub/
• Pinterest:https://www.pinterest.com/reallifeplanning
• Email: [email protected]  

About the Real Life Planning Podcast

Hosts Cynthia Meyer and Vekevia Tillman-Jones explore practical steps for real estate investors to build financial freedom and make working for someone else optional.

The ReaL Life Planning Podcast  is for educational purposes only. None of the information discussed is intended as investment, tax, accounting, or legal advice, nor as an offer or solicitation of an offer to buy or sell, or as an endorsement of any company, security, fund, real property, or other securities or non-securities offering.

Real Life Planning, LLC is an Investment Advisor registered with the States of New Jersey, New York, Texas, Virginia, and California. All views, expressions, and opinions included in this communication are subject to change. This communication is not intended as an offer or solicitation to buy, hold or sell any financial instrument or investment advisory services. Any information provided has been obtained from sources considered reliable, but we do not guarantee the accuracy, or completeness of, any description of securities, markets or developments mentioned. Our current disclosure brochure, Form ADV Part 2, is available for your review upon request, and on our website, REALLIFEPLANNING.COM.

In Episode 40, Cynthia Meyer, CFA®, CFP®, ChFC®,  shares insights on financial planning for a 1031 exchange, explaining what it is, its strategic benefits, and key considerations for real estate investors. Learn how to optimize your real estate portfolio by understanding like-kind properties, strict time limits, and the importance of pre-planning.

"...this is a powerful strategic planning tool in your real estate business if you use it correctly." - Cynthia Meyer

This week on Real Life Planning Podcast:

💡What are the basics of a 1031 exchange? [00:01:39]

💡What are the key rules and requirements of a 1031 exchange? [00:04:23]

💡What are the strict time limits of a 1031 exchange? [00:09:42]

💡Who qualifies as an intermediary for a 1031 exchange? [00:13:31]

💡What is a reverse 1031 exchange? [00:14:53]

Connect with Real Life Planning:

• Facebook: https://www.facebook.com/reallifeplanning
• LinkedIn: https://www.linkedin.com/company/real-life-planning
• X: https://x.com/cynthiameyer_ff​
• Instagram: https://www.instagram.com/rentalpropertyclub/
• Pinterest:https://www.pinterest.com/reallifeplanning
• Email: [email protected]  

About the Real Life Planning Podcast

Hosts Cynthia Meyer and Vekevia Tillman-Jones explore practical steps for real estate investors to build financial freedom and make working for someone else optional.

The ReaL Life Planning Podcast  is for educational purposes only. None of the information discussed is intended as investment, tax, accounting, or legal advice, nor as an offer or solicitation of an offer to buy or sell, or as an endorsement of any company, security, fund, real property, or other securities or non-securities offering.

Real Life Planning, LLC is an Investment Advisor registered with the States of New Jersey, New York, Texas, Virginia, and California. All views, expressions, and opinions included in this communication are subject to change. This communication is not intended as an offer or solicitation to buy, hold or sell any financial instrument or investment advisory services. Any information provided has been obtained from sources considered reliable, but we do not guarantee the accuracy, or completeness of, any description of securities, markets or developments mentioned. Our current disclosure brochure, Form ADV Part 2, is available for your review upon request, and on our website, REALLIFEPLANNING.COM.

In Episode 48 of the Real Life Planning Podcast, Cynthia Meyer, CFA®, CFP®, ChFC®, breaks down the live-in flip strategy - a unique approach to real estate investing where homeowners renovate their primary residence and sell it for a profit after at least two years. She explains how this strategy can help investors maximize tax-free capital gains under Section 121, outlines financing options, and shares insights into the benefits and challenges of living in a renovation. This podcast is for educational purposes only.

"...if you are somebody that loves the work on home renovation projects, this could be a good fit for you.” - Cynthia Meyer

This week on Real Life Planning Podcast:

💡 What is a live-in flip, and how does it differ from a traditional flip? [00:01:20]

💡 How does the Section 121 capital gains tax exclusion work? [00:02:06]

💡 What are the pros and cons of a live-in renovation? [00:06:12]

💡 How can you finance a live-in flip? [00:12:44]

💡 What are the key tax rules and eligibility requirements? [00:17:45]

Connect with Real Life Planning:

• Facebook: https://www.facebook.com/reallifeplanning
• LinkedIn: https://www.linkedin.com/company/real-life-planning
• X: https://x.com/cynthiameyer_ff​
• Instagram: https://www.instagram.com/rentalpropertyclub/
• Pinterest:https://www.pinterest.com/reallifeplanning
• Email: [email protected]  

About the Real Life Planning Podcast

Hosts Cynthia Meyer and Vekevia Tillman-Jones explore practical steps for real estate investors to build financial freedom and make working for someone else optional.

The ReaL Life Planning Podcast  is for educational purposes only. None of the information discussed is intended as investment, tax, accounting, or legal advice, nor as an offer or solicitation of an offer to buy or sell, or as an endorsement of any company, security, fund, real property, or other securities or non-securities offering.

Real Life Planning, LLC is an Investment Advisor registered with the States of New Jersey, New York, Texas, Virginia, and California. All views, expressions, and opinions included in this communication are subject to change. This communication is not intended as an offer or solicitation to buy, hold or sell any financial instrument or investment advisory services. Any information provided has been obtained from sources considered reliable, but we do not guarantee the accuracy, or completeness of, any description of securities, markets or developments mentioned. Our current disclosure brochure, Form ADV Part 2, is available for your review upon request, and on our website, REALLIFEPLANNING.COM.

In Episode 39, Vekevia Tillman-Jones shares her journey into semi-passive income through Turo, a peer-to-peer car-sharing platform, and how it became a flexible addition to her family's financial strategy. She explains the practical steps, low barriers to entry, and key considerations for anyone looking to start a similar venture while balancing a busy lifestyle.

"We felt like the barriers to entry were pretty low, at least from the standard when you compare it to other business ventures that we might have gone after." - Vekevia Tillman-Jones

This week on Real Life Planning Podcast:

💡 | What questions should you ask yourself before starting a business? [00:03:04]
💡 | Why was Turo the right fit for Vekevia’s family? [00:04:23]
💡 | How did they prepare their car for sharing on Turo? [00:06:56]
💡 | What is their plan if the business doesn’t work out? [00:07:25]
💡 | Can car sharing fit into a busy lifestyle? [00:09:08]

Takeaway Quotes:

"...the flexibility to even pause your business for just a moment. It's not shutting down your app and shutting the doors to your business, because this business lives on.” - Vekevia Tillman-Jones

"I think that working with a financial planner, you can decide on what amount of money you need to be making and what's going to work for your household and your goals and your future, then you fit this passive income into that strategy.” - Vekevia Tillman-Jones

About the Real Life Planning Podcast

Hosts Cynthia Meyer and Vekevia Tillman-Jones explore practical steps for real estate investors to build financial freedom and make working for someone else optional.

The ReaL Life Planning Podcast  is for educational purposes only. None of the information discussed is intended as investment, tax, accounting, or legal advice, nor as an offer or solicitation of an offer to buy or sell, or as an endorsement of any company, security, fund, real property, or other securities or non-securities offering.

Real Life Planning, LLC is an Investment Advisor registered with the States of New Jersey, New York, Texas, Virginia, and California. All views, expressions, and opinions included in this communication are subject to change. This communication is not intended as an offer or solicitation to buy, hold or sell any financial instrument or investment advisory services. Any information provided has been obtained from sources considered reliable, but we do not guarantee the accuracy, or completeness of, any description of securities, markets or developments mentioned. Our current disclosure brochure, Form ADV Part 2, is available for your review upon request, and on our website, REALLIFEPLANNING.COM.

The ReaL Life Planning Podcast  is for educational purposes only. None of the information discussed is intended as investment, tax, accounting, or legal advice, nor as an offer or solicitation of an offer to buy or sell, or as an endorsement of any company, security, fund, real property, or other securities or non-securities offering.

Real Life Planning, LLC is an Investment Advisor registered with the States of New Jersey, New York, Texas, Virginia, and California. All views, expressions, and opinions included in this communication are subject to change. This communication is not intended as an offer or solicitation to buy, hold or sell any financial instrument or investment advisory services. Any information provided has been obtained from sources considered reliable, but we do not guarantee the accuracy, or completeness of, any description of securities, markets or developments mentioned. Our current disclosure brochure, Form ADV Part 2, is available for your review upon request, and on our website, REALLIFEPLANNING.COM.

The ReaL Life Planning Podcast  is for educational purposes only. None of the information discussed is intended as investment, tax, accounting, or legal advice, nor as an offer or solicitation of an offer to buy or sell, or as an endorsement of any company, security, fund, real property, or other securities or non-securities offering.

Real Life Planning, LLC is an Investment Advisor registered with the States of New Jersey, New York, Texas, Virginia, and California. All views, expressions, and opinions included in this communication are subject to change. This communication is not intended as an offer or solicitation to buy, hold or sell any financial instrument or investment advisory services. Any information provided has been obtained from sources considered reliable, but we do not guarantee the accuracy, or completeness of, any description of securities, markets or developments mentioned. Our current disclosure brochure, Form ADV Part 2, is available for your review upon request, and on our website, REALLIFEPLANNING.COM.

In episode 37 of the Real Life Planning Podcast, Cynthia Meyer introduces new Real Life Planning team member, Vekevia Tillman-Jones, MBA, CFP®, a senior financial planner and business coach, who shares her journey of building multiple income streams through real estate and a peer-to-peer car sharing business. They discuss balancing family life with entrepreneurship and the importance of empowering clients to take control of their financial futures.

INFORMATION PRESENTED IN THIS PODCAST IS FOR EDUCATIONAL AND DISCUSSION PURPOSES ONLY.  THIS IS NOT AN OFFER OR SOLICITATION FOR THE SALE OR PURCHASE OF ANY PRODUCT, PROPERTY, OR SECURITY. ALL INVESTMENTS HAVE RISK. PLEASE CONSULT WITH A QUALIFIED FINANCIAL ADVISOR AND/OR TAX PROFESSIONAL BEFORE IMPLEMENTING ANY INVESTMENT STRATEGY.

This week on Real Life Planning Podcast:
💡How did Vekevia’s upbring influence her views on multiple sources of income? [00:01:21]
💡What strategies did Vekevia use to overcome her student loans and buy her first home? [00:03:20]
💡How does Vekevia balance her professional responsibilities with family life and entrepreneurship? [00:08:14]
💡What insights has Vekevia gained from starting a peer-to-peer car sharing business? [00:09:47]
💡What lessons does Vekevia share about managing rental properties? [00:12:05]💡What topics does Vekevia plan to teach in her workshops and webinars for aspiring real estate investors? [00:20:29]

The Real Life Planning Podcast is a 25-30 minute interview/conversation recorded in both audio and video. In each episode, our host, Cynthia Meyer, sits down with amazing people who share their real life stories of how they are realizing their financial potential. 

The Real Life Planning Podcast aims to provide: 

• 1-3 practical, realistic takeaways of actions the listener can try 
• Encouragement to learn from different paths to creating results 
• Possibility and optimism

The ReaL Life Planning Podcast  is for educational purposes only. None of the information discussed is intended as investment, tax, accounting, or legal advice, nor as an offer or solicitation of an offer to buy or sell, or as an endorsement of any company, security, fund, real property, or other securities or non-securities offering.

Real Life Planning, LLC is an Investment Advisor registered with the States of New Jersey, New York, Texas, Virginia, and California. All views, expressions, and opinions included in this communication are subject to change. This communication is not intended as an offer or solicitation to buy, hold or sell any financial instrument or investment advisory services. Any information provided has been obtained from sources considered reliable, but we do not guarantee the accuracy, or completeness of, any description of securities, markets or developments mentioned. Our current disclosure brochure, Form ADV Part 2, is available for your review upon request, and on our website, REALLIFEPLANNING.COM.

In Episode 36, I'm discussing everything about house hacking. I will share how house hacking can be a gateway to building a real estate business, insights on benefits, risks, and the importance of professional tax advice for aspiring house hackers. This episode will provide valuable guidance for those looking to turn their home into a source of income.

INFORMATION PRESENTED IN THIS PODCAST IS FOR EDUCATIONAL AND DISCUSSION PURPOSES ONLY.  THIS IS NOT AN OFFER OR SOLICITATION FOR THE SALE OR PURCHASE OF ANY PRODUCT, PROPERTY, OR SECURITY. ALL INVESTMENTS HAVE RISK. PLEASE CONSULT WITH A QUALIFIED FINANCIAL ADVISOR AND/OR TAX PROFESSIONAL BEFORE IMPLEMENTING ANY INVESTMENT STRATEGY.

This week on Real Life Planning Podcast:
💡What is house hacking? [00:00:49]
💡What are the two types of house hacking? [00:02:14]
💡What are the benefits of house hacking? [00:4:04]
💡What are the risks? [00:07:10]
💡What tax considerations should I know if I house hack? [00:11:42]

The Real Life Planning Podcast is a 25-30 minute interview/conversation recorded in both audio and video. In each episode, our host, Cynthia Meyer, sits down with amazing people who share their real life stories of how they are realizing their financial potential. 

The Real Life Planning Podcast aims to provide: 

• 1-3 practical, realistic takeaways of actions the listener can try 
• Encouragement to learn from different paths to creating results 
• Possibility and optimism  

The ReaL Life Planning Podcast  is for educational purposes only. None of the information discussed is intended as investment, tax, accounting, or legal advice, nor as an offer or solicitation of an offer to buy or sell, or as an endorsement of any company, security, fund, real property, or other securities or non-securities offering.

Real Life Planning, LLC is an Investment Advisor registered with the States of New Jersey, New York, Texas, Virginia, and California. All views, expressions, and opinions included in this communication are subject to change. This communication is not intended as an offer or solicitation to buy, hold or sell any financial instrument or investment advisory services. Any information provided has been obtained from sources considered reliable, but we do not guarantee the accuracy, or completeness of, any description of securities, markets or developments mentioned. Our current disclosure brochure, Form ADV Part 2, is available for your review upon request, and on our website, REALLIFEPLANNING.COM.

In Episode 35, I'm discussing the advantages and disadvantages of using permanent life insurance as a source of liquidity to purchase a real estate property, fund renovation expenses, or create retirement income.

INFORMATION PRESENTED IN THIS PODCAST IS FOR EDUCATIONAL AND DISCUSSION PURPOSES ONLY.  THIS IS NOT AN OFFER OR SOLICITATION FOR THE SALE OR PURCHASE OF ANY PRODUCT, PROPERTY, OR SECURITY. ALL INVESTMENTS HAVE RISK. PLEASE CONSULT WITH A QUALIFIED FINANCIAL ADVISOR AND/OR TAX PROFESSIONAL BEFORE IMPLEMENTING ANY INVESTMENT STRATEGY.

This week on Real Life Planning Podcast:
💡Is permanent life insurance designed to be a retirement strategy or to create liquidity? [00:01:03]
💡Is a policy loan considered income? [00:03:33]
💡Are policy dividends guaranteed to aid in the growth of cash value? [00:4:49]💡What are the potential tax issues? [00:05:40]
💡What are the alternatives to generate future cash flow? [00:08:35]

The Real Life Planning Podcast is a 25-30 minute interview/conversation recorded in both audio and video. In each episode, our host, Cynthia Meyer, sits down with amazing people who share their real life stories of how they are realizing their financial potential. 

The Real Life Planning Podcast aims to provide: 

• 1-3 practical, realistic takeaways of actions the listener can try 
• Encouragement to learn from different paths to creating results 
• Possibility and optimism  

The ReaL Life Planning Podcast  is for educational purposes only. None of the information discussed is intended as investment, tax, accounting, or legal advice, nor as an offer or solicitation of an offer to buy or sell, or as an endorsement of any company, security, fund, real property, or other securities or non-securities offering.

Real Life Planning, LLC is an Investment Advisor registered with the States of New Jersey, New York, Texas, Virginia, and California. All views, expressions, and opinions included in this communication are subject to change. This communication is not intended as an offer or solicitation to buy, hold or sell any financial instrument or investment advisory services. Any information provided has been obtained from sources considered reliable, but we do not guarantee the accuracy, or completeness of, any description of securities, markets or developments mentioned. Our current disclosure brochure, Form ADV Part 2, is available for your review upon request, and on our website, REALLIFEPLANNING.COM.

In Episode 34, I'm discussing the relevance of revocable living trusts for real estate investors and common situations where they are used.

INFORMATION PRESENTED IN THIS PODCAST IS FOR EDUCATIONAL AND DISCUSSION PURPOSES ONLY.  THIS IS NOT AN OFFER OR SOLICITATION FOR THE SALE OR PURCHASE OF ANY PRODUCT, PROPERTY, OR SECURITY. ALL INVESTMENTS HAVE RISK. PLEASE CONSULT WITH A QUALIFIED FINANCIAL ADVISOR AND/OR TAX PROFESSIONAL BEFORE IMPLEMENTING ANY INVESTMENT STRATEGY.

This week on Real Life Planning Podcast:
💡What are the roles in a revocable living trust? [00:01:09]
💡How can a living trust help with your real estate? [00:03.26]
💡What is the biggest mistake people make with living trusts? [00:5:00]
💡When does it make sense to consider creating a living trust? [00:10:27]
💡How can I create a revocable living trust? [00:11:30]

The Real Life Planning Podcast is a 25-30 minute interview/conversation recorded in both audio and video. In each episode, our host, Cynthia Meyer, sits down with amazing people who share their real life stories of how they are realizing their financial potential. 

The Real Life Planning Podcast aims to provide: 

• 1-3 practical, realistic takeaways of actions the listener can try 
• Encouragement to learn from different paths to creating results 
• Possibility and optimism  

The ReaL Life Planning Podcast  is for educational purposes only. None of the information discussed is intended as investment, tax, accounting, or legal advice, nor as an offer or solicitation of an offer to buy or sell, or as an endorsement of any company, security, fund, real property, or other securities or non-securities offering.

Real Life Planning, LLC is an Investment Advisor registered with the States of New Jersey, New York, Texas, Virginia, and California. All views, expressions, and opinions included in this communication are subject to change. This communication is not intended as an offer or solicitation to buy, hold or sell any financial instrument or investment advisory services. Any information provided has been obtained from sources considered reliable, but we do not guarantee the accuracy, or completeness of, any description of securities, markets or developments mentioned. Our current disclosure brochure, Form ADV Part 2, is available for your review upon request, and on our website, REALLIFEPLANNING.COM.