Real Money Pros

Steve Rausch joins Brian Wiley to talk about the social unrest that has unfolded over this past weekend. Steve talks about the 1st Amendment and how these demonstrations sit within or outside the constitution. But does the government actually operate like they tell us it's supposed to? Some say the rioting and looting stems from a system that either takes too long or doesn't work at all. They discuss the far lefts of both sides and how the coronavirus lockdowns may have something to do with the chaos.

Trump's tweets, social unrest, Tesla space launch, and China's national security bill. For today's CapEd Case Study, Brian Wiley dives deeper into yesterday's topic of purchasing real estate through an IRA. He explains taxes that would come from any capital gains and what would happen to those capital gains if a widow/widower sold that property after a partner's death.

Financial Advisor, Brian Wiley, gets back to the basics on real estate. He clarifies what it actually means to own real estate investments and what you need to pay close attention to. Yield to markets, leveraging loans, and other important terms and tactics that real estate professionals need to know. These aren't like your other short term investments and it's definitely not the right time to look for your get-rich-quick-with-real-estate deal.

Socialism. A lot of Americans are against it, but some of those in the younger generations are for it. Are we headed that way? Do you think that this pandemic will change our economic system and push us closer to communism? Forms of socialism exists in certain sectors, but does that necessarily mean communism? Brian Wiley talks about the consequences of all of the sides of the economic coin and how our economy can aim to balance it all. After all, even a totally capitalistic country has its flaws.

Brian Wiley starts by posing a question to the listeners. How have your habits changed during the last few months of the pandemic Some major meat packing companies have been accused of price fixing to try to take advantage of this time. Trump just recently did the same thing to control the price of insulin. Should this be allowed? Brian updates us on what stocks are looking like as of today. Airlines, technology, software, and companies looking to be the first to find a vaccine that works.

Friday means another CapEd Business Hour! Brian Wiley and Steve Rausch are joined by Keri Smith-Sigman, the CEO of Destination Caldwell. The non-profit organization's mission is to attract more residents and tourists to Caldwell by expanding and improving its downtown area. She tells us about how the organization started and how it's funded, what they're doing now, and a look into the future of the city of Caldwell.

Today is all about health insurance! Particularly insurance plans and how they will operate during this pandemic. Steve Marsh of Medical Plans of Idaho join Brian to talk about COVID testings and how health insurance covers those costs. But how far back will they be able to refund medical expenses if you test positive for coronavirus? Plus, they discuss the changes in PPP and EIDL loans' forgiveness process and the push to emphasize the CARES and Securities Acts within the ever-changing policies.

Steve Cilley of Ataraxis PEO joins us for the second time this week to talk more about your PPP loans and how to maximize your loan forgiveness. Some of the qualifications can get confusing, so he provides us more details of how much (if any) you may have to return to the government. Him and Brian answer callers' questions that are related to PPP loans and EIDL grants.

Brian takes a break from COVID issues to answer listeners' questions! Topics range from gas stocks to annuities polices and how to navigate them. 

Question for thought: What will the new economy look like after the pandemic? Will the world just have to adjust?

Brian Wiley, Financial Advisor www.treecityadvisors.com

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Today, Steve Cilley, the CEO of Ataraxis PEO, joins Brian to talk about how to get your PPP (Paycheck Protection Program) Loan forgiven. They also talk about the federal guidelines that you need to be aware of. 

The first step is to submit your loan forgiveness application. You can find it in the link below:

https://content.sba.gov/sites/default/files/2020-05/3245-0407%20SBA%20Form%203508%20PPP%20Forgiveness%20Application.pdf

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