Shows
Wealth Game141 - Owning Real Estate in Self Directed Retirement Accounts141 - Owning Real Estate in Self Directed Retirement AccountsDo you want access to the videos, drawings, templates, tools, and be able to get your questions answered on the live calls or in the community?
We'd love to have you join the Wealth Game basics today to get some additional free resources, videos, and tools: Visit www.wealthgame.io
For specific one on one, or group support for tax planning, strategy, tax preparation, bookkeeping, accounting, or other CPA firm related services, we recommend going to www.bementcompany.com to connected with our team of C...2025-08-0809 minWealth Game140 - Sell a business tax free? Up to $15 million tax free gain under new law140 - Sell a business tax free? Up to $15 million tax free gain under new lawDo you want access to the videos, drawings, templates, tools, and be able to get your questions answered on the live calls or in the community?
We'd love to have you join the Wealth Game basics today to get some additional free resources, videos, and tools: Visit www.wealthgame.io
For specific one on one, or group support for tax planning, strategy, tax preparation, bookkeeping, accounting, or other CPA firm related services, we recommend going to www.bementcompany.com...2025-07-2511 minWealth Game139 - Can a Doctor’s Note Make the IRS Pay for Your Pool?139 - Can a Doctor’s Note Make the IRS Pay for Your Pool?Do you want access to the videos, drawings, templates, tools, and be able to get your questions answered on the live calls or in the community?
We'd love to have you join the Wealth Game basics today to get some additional free resources, videos, and tools: Visit www.wealthgame.io
For specific one on one, or group support for tax planning, strategy, tax preparation, bookkeeping, accounting, or other CPA firm related services, we recommend going to www.bementcompany.com to connec...2025-07-1108 minWealth Game138 - Big Beautiful Bill - 9 key items for individuals, investors, and business owners138 - Big Beautiful Bill - 9 key items for individuals, investors, and business ownersDo you want access to the videos, drawings, templates, tools, and be able to get your questions answered on the live calls or in the community?
We'd love to have you join the Wealth Game basics today to get some additional free resources, videos, and tools: Visit www.wealthgame.io
For specific one on one, or group support for tax planning, strategy, tax preparation, bookkeeping, accounting, or other CPA firm related services, we recommend going to www.bementcompany.com to conn...2025-07-0716 minWealth Game137 - Self-Directed IRAs: The Good, The Bad, and The Ugly137 - Self-Directed IRAs: The Good, The Bad, and The UglyDo you want access to the videos, drawings, templates, tools, and be able to get your questions answered on the live calls or in the community?
We'd love to have you join the Wealth Game basics today to get some additional free resources, videos, and tools: Visit www.wealthgame.io
For specific one on one, or group support for tax planning, strategy, tax preparation, bookkeeping, accounting, or other CPA firm related services, we recommend going to www.bementcompany.com to connected with our team...2025-06-2711 minWealth Game136 - Paying tax on something you didn't sell - Realized vs Unrealized Gains136 - Paying tax on something you didn't sell - Realized vs Unrealized Gains
Do you want access to the videos, drawings, templates, tools, and be able to get your questions answered on the live calls or in the community?
We'd love to have you join the Wealth Game basics today to get some additional free resources, videos, and tools: Visit www.wealthgame.io
For specific one on one, or group support for tax planning, strategy, tax preparation, bookkeeping, accounting, or other CPA firm related services, we recommend going to www.bementcompany.com to co...2025-06-2707 minWealth Game135 - Using 1 Bitcoin to Retire Tax Free in 10 YearsUsing 1 Bitcoin to Retire Tax Free in 10 Years
Do you want access to the videos, drawings, templates, tools, and be able to get your questions answered on the live calls or in the community? We'd love to have you join the Wealth Game basics today to get some additional free resources, videos, and tools: Visit www.wealthgame.io
For specific one on one, or group support for tax planning, strategy, tax preparation, bookkeeping, accounting, or other CPA firm related services, we recommend going to www.bementcompany.com to connected with our team of CPAs and...2025-06-1314 minWealth Game134 - How To Turn Your Toys into tax deductions (RV, boat, 4 wheeler, Sports Cars)How To Turn Your Toys into tax deductions (RV, boat, 4 wheeler, Sports Cars)
Do you want access to the videos, drawings, templates, tools, and be able to get your questions answered on the live calls or in the community?
We'd love to have you join the Wealth Game basics today to get some additional free resources, videos, and tools: Visit www.wealthgame.io
For specific one on one, or group support for tax planning, strategy, tax preparation, bookkeeping, accounting, or other CPA firm related services, we recommend going to www.bementcompany.com to...2025-05-3009 minWealth Game133 - How to Use Real Estate Losses as a Passive InvestorHow to Use Real Estate Losses as a Passive Investor
Do you want access to the videos, drawings, templates, tools, and be able to get your questions answered on the live calls or in the community?
We'd love to have you join the Wealth Game basics today to get some additional free resources, videos, and tools: Visit www.wealthgame.io
For specific one on one, or group support for tax planning, strategy, tax preparation, bookkeeping, accounting, or other CPA firm related services, we recommend going to www.bementcompany.com to connected with our...2025-05-2307 minWealth Game132 - 2025 Tax Law Change - One Big Beautiful Bill StatusDo you want access to the videos, drawings, templates, tools, and be able to get your questions answered on the live calls or in the community?
We'd love to have you join the Wealth Game basics today to get some additional free resources, videos, and tools: Visit www.wealthgame.io
For specific one on one, or group support for tax planning, strategy, tax preparation, bookkeeping, accounting, or other CPA firm related services, we recommend going to www.bementcompany.com to connected with our team of CPAs and professionals.
Thank you for lis...2025-05-1607 minWealth Game131 - Introduction to the Bement & Co Tax PersonasIn this video, I introduce five tax personas to help you identify with specific tax strategies tailored to your unique situation. I encourage you to relate to more than one persona and focus on strategies that apply specifically to you. Acknowledging your persona will streamline your tax planning journey.
Thank you for listening to another episode of the Wealth Game Podcast.
The goal is to get informal yet actionable advice directly to business owners and investors.
The episodes are intended to be short and simple to allow busy professionals to get right...2024-12-0910 minWealth Game130 - 10 of 10 Trump vs Harris Tax Battle - And the winner is....In this video, I analyze the tax proposals of Trump and Harris, focusing on different taxpayer personas like Investor Erwin, Employee Ed, Retired Roger, and Self-Employed Sheila. I discuss how each proposal may impact various income brackets and types of earners, ultimately declaring Trump as the winner with three points to Harris's one. I provide insights on potential benefits and drawbacks for different taxpayer profiles, aiming to encourage strategic thinking about tax planning.
Thank you for listening to another episode of the Wealth Game Podcast.
The goal is to get informal yet actionable ad...2024-11-0521 minWealth Game129 - 9 of 10 Trump vs Harris tax battle - Death and Estate taxIn this video, I delve into the intricate details of the estate tax differences between Trump and Harris, focusing on the current $13 million limit and the proposed changes. I explain the implications of exceeding the limit, the tax percentages, and the impact on inheritances. Viewers are urged to consider estate planning strategies based on the potential policy shifts depending on the election outcome.
Thank you for listening to another episode of the Wealth Game Podcast.
The goal is to get informal yet actionable advice directly to business owners and investors.
The episo...2024-11-0408 minWealth Game128 - 8 of 10 Trump vs Harris Tax Battle - Real Estate InvestorsIn this video, I delve into the tax strategies of real estate investors, focusing on the impact of policies by Trump and Harris. I discuss Trump's bonus depreciation and opportunity zones, highlighting how they can accelerate investments and reduce tax burdens. On the other hand, Harris's focus on low-income housing tax credits is explored, offering potential benefits for W2 employees and renters. Understanding these strategies is crucial for real estate investors to optimize their tax planning.
Thank you for listening to another episode of the Wealth Game Podcast.
The goal is to get in...2024-11-0306 minWealth Game127 - 7 of 10 Trump vs Harris Tax Battle - Renewable Energy Tax CreditsIn this video, I delve into the specifics of green energy tax credits under the Biden and Trump administrations, focusing on solar, wind, and electric vehicle incentives. I explain the current solar tax credit benefits, potential future expansions, and the differences in approach between the two sides. No specific action is requested from viewers, but I provide insights and predictions on the possible directions of these tax credits.
Thank you for listening to another episode of the Wealth Game Podcast.
The goal is to get informal yet actionable advice directly to business owners an...2024-11-0207 minWealth Game126 - 6 of 10 Trump vs Harris Tax Battle - Can Tariffs Replace Income TaxesIn this video, I delve into the potential implications of replacing income tax with tariffs, exploring how it could affect businesses, prices, and overall economic dynamics. We discuss the concept of VAT tax, payroll taxes, and the shift towards domestic production. No specific action is requested, but it prompts viewers to consider the broader economic consequences of such a tax policy shift.
Thank you for listening to another episode of the Wealth Game Podcast.
The goal is to get informal yet actionable advice directly to business owners and investors.
The episodes are i...2024-11-0115 minWealth Game125 - 5 of 10 Trump vs Harris tax battle - Itemized Deductions Removing $10k cap on Property Tax DeductionIn this video, I delve into the intricate details of itemized deductions in the ongoing tax battle between Trump and Harris. Exploring the implications of removing the $10,000 cap on state and local tax deductions, I highlight how this change could impact high-income earners and the middle class. No action requested from viewers.
Thank you for listening to another episode of the Wealth Game Podcast.
The goal is to get informal yet actionable advice directly to business owners and investors.
The episodes are intended to be short and simple to allow busy profe...2024-10-3106 minWealth Game124 - 4 of 10 Trump vs Harris Tax Battle - Corporate Tax RatesIn this video, I delve into the differences between Trump and Harris's proposals regarding corporate tax rates. Harris suggests raising the rate to 28%, while Trump aims to maintain it at 21% with additional incentives. I discuss the potential impacts on businesses, job creation, and the economy, emphasizing the importance of incentivizing domestic production. No specific action is requested from viewers.
Thank you for listening to another episode of the Wealth Game Podcast.
The goal is to get informal yet actionable advice directly to business owners and investors.
The episodes are intended to be short and s...2024-10-3006 minWealth Game123 - 3 of 10 Trump vs Harris Tax Battle - Tax Free IncomeIn this video, I delve into the tax exemption proposals by Trump and Harris. Trump's proposals include tax-free tips, overtime, and Social Security income, potentially benefiting many. Harris, however, has not put forth any tax exemption proposals, focusing instead on credits for renters and child tax credits. No action requested.
Thank you for listening to another episode of the Wealth Game Podcast.
The goal is to get informal yet actionable advice directly to business owners and investors.
The episodes are intended to be short and simple to allow busy professionals to get r...2024-10-2905 minWealth Game122 - 2 of 10 Trump vs Harris Tax Battle - 100% Bonus Depreciation or Business Standard DeductionIn this video, I delve into the tax proposals of Trump and Harris regarding businesses. Harris suggests increasing the startup deduction to $50,000, aiming to support entrepreneurs. Trump's plan includes a 20% deduction on net income, benefiting small business owners. No government checks are involved; deductions reduce taxable income. The most significant proposal is the potential permanence of 100% bonus depreciation, aiding real estate investors and business owners.
Thank you for listening to another episode of the Wealth Game Podcast.
The goal is to get informal yet actionable advice directly to business owners and investors.
The...2024-10-2809 minWealth Game121 - 1 of 10 Trump vs Harris Tax Battle - Child Tax CreditsIn this video, I delve into the intricate world of tax proposals by presidential candidates, highlighting the impact on taxpayers based on their income levels. I introduce the first of a 10-part series focusing on child tax credits and earned-income credits, comparing current policies with proposed changes. Understanding these proposals is crucial as they directly affect how much you pay in taxes and can influence your financial decisions. No action requested from viewers.
Thank you for listening to another episode of the Wealth Game Podcast.
The goal is to get informal yet actionable ad...2024-10-2806 minWealth Game120 - 3 Tax Free Proposals by Donald TrumpIn this video, I delve into three tax-free proposals by Donald Trump, focusing on tax-free tips, tax-free overtime pay, and tax-free Social Security benefits. Explaining the potential impact on various individuals and industries, I analyze the implications and potential strategies for maximizing benefits. No specific action is requested from viewers, but the discussion aims to shed light on tax planning opportunities and the significance of tax-free income.
Thank you for listening to another episode of the Wealth Game Podcast.
The goal is to get informal yet actionable advice directly to business owners and in...2024-10-2210 minWealth Game119 - Possibly the worst way to be taxed - and some better alternativesIn the video, I discuss various types of taxable income, focusing on earned wage income, ordinary income, and tax-free income options. I explain how different tax rates apply to each type of income and how strategic planning can help minimize tax liabilities and maximize net worth. Viewers are encouraged to explore tax-free cash flow opportunities and investment strategies to optimize their financial outcomes.
Thank you for listening to another episode of the Wealth Game Podcast.
The goal is to get informal yet actionable advice directly to business owners and investors.
The episo...2024-10-1415 min
Infinite Financial FreedomAre Paying Taxes Optional? With Brent BementIn this episode of the Infinite Financial Freedom podcast, host Josh Mettle sits down with Brent Bement, President of Bement & Company and host of the Wealth Game podcast, to explore game-changing tax strategies for physicians, doctors, CRNA, and self employed medical professionals. Brent shares his personal journey from surviving the 2008 market crash to becoming an expert in leveraging real estate for wealth growth and tax reduction. Discover how tools like cost segregation and the 263A deduction can help you save thousands on your tax bill, and learn about the importance of structuring your investments for long-term financial...2024-10-0857 minWealth Game118 - Bonus depreciation going away - Here's the alternative using 179In this video, I explain the changes in bonus depreciation percentages from 2022 to 2024 and introduce the Section 179 Deduction as an alternative. Bonus depreciation has decreased to 60% in 2024, impacting taxable income directly. The Section 179 Deduction can offset taxable income by the full amount of the asset purchased, similar to 100% bonus depreciation. It's crucial for those with positive taxable income to consider utilizing Section 179 for tax planning purposes.
Thank you for listening to another episode of the Wealth Game Podcast.
The goal is to get informal yet actionable advice directly to business owners and investors.
2024-10-0704 minWealth Game117 - Tips for avoiding the 10% IRA penalty for early withdrawalsToday's video discusses strategies to withdraw money from an IRA without incurring penalties. Key points include the tax benefits of IRAs, options for penalty-free withdrawals, and the importance of documentation for certain exceptions. No specific action requested, but valuable insights shared on maximizing IRA funds.
Thank you for listening to another episode of the Wealth Game Podcast.
The goal is to get informal yet actionable advice directly to business owners and investors.
The episodes are intended to be short and simple to allow busy professionals to get right to the point of growing their...2024-08-2007 minWealth Game116 - Gift Taxes and Understanding a Gift of EquityIn this episode, I explain the concept of gifting equity, particularly in real estate scenarios, and the associated gift tax implications. I walk through a scenario where parents sell a house to their children at a lower price, discussing the need for a gift letter and the $17,000 annual gift tax exemption. No action requested, just valuable insights on gifting equity and tax considerations.
Thank you for listening to another episode of the Wealth Game Podcast.
The goal is to get informal yet actionable advice directly to business owners and investors.
The episodes are inten...2024-07-1909 minWealth Game115 - Is it Deductible? The POND MethodIn this video, I introduce the POND method to determine if expenses are deductible for your business or rental property. The acronym POND stands for Purpose, Ordinary, Necessary, and Documentation. I explain how each factor plays a crucial role in identifying deductible expenses. No action requested from viewers.
Thank you for listening to another episode of the Wealth Game Podcast.
The goal is to get informal yet actionable advice directly to business owners and investors.
The episodes are intended to be short and simple to allow busy professionals to get right to the...2024-06-2506 minWealth Game114 - How to write off travel expenses you're already payingIn this video, I discuss how you can write off travel expenses and maximize your tax savings. I explain the importance of having a valid reason for your trip, such as meeting clients, attending conferences, or visiting properties. I also provide examples of deductible expenses, including flights, hotel stays, and food. Watch this video to learn how to take advantage of travel expense deductions and save money on your taxes.
Thank you for listening to another episode of the Wealth Game Podcast.
The goal is to get informal yet actionable advice directly to business owners an...2024-05-1707 minWealth Game113 - Extensions: The Good the Bad and the UglyAlright, we have just passed the April 15th deadline for the 2023 tax returns. In this video, I will break down the reasons why we need extensions, when it makes sense to file them, and the potential issues that can arise. I will discuss the benefits of extensions, such as more time to file without penalties and the opportunity to implement tax strategies. However, there are also drawbacks, including longer wait times for refunds. Lastly, I will address the ugly truth about extensions - they do not give you more time to pay your taxes. It's important to understand these...2024-04-1806 minWealth Game112 - Last-Minute Tax Strategies - 5 Things to ConsiderLast-Minute Tax Tips: A Quick Guide to April 15th, 2024
As the tax deadline looms closer, it's time for some eleventh-hour tax-saving strategies. Join us as we dive into a rapid-fire rundown of five essential tips to consider before April 15th hits. From crucial reminders about extensions to savvy retirement contributions, we cover it all in just a few minutes. Host Brent Bement, a seasoned tax expert, breaks down these last-minute Hail Mary moves to help you navigate the tax season with ease. Whether you're a procrastinator or just seeking some final touches to your tax planning, tune...2024-03-3110 minWealth Game111 - Bement Blueprint - The 3 key entity structures for everyoneIn this video, I am excited to share the details of the Beemint blueprint. It consists of three entity structures that can help you build wealth, grow your business, and protect your assets. The structures include an operating company (S corporation), an investment holding company (LLC), and a private foundation for charitable goals. I highly recommend these structures for maximizing tax benefits and asset protection.
Thank you for listening to another episode of the Wealth Game Podcast. The goal is to get informal yet actionable advice directly to business owners and investors.
The episodes are...2024-01-2506 minWealth Game110 - NEW Tax Updates Tax Relief for American Families & Workers Act of 2024In this episode, I discuss potential tax updates outlined in the Tax Relief for American Families and Workers Act of 2024. These updates include changes to tax credits, business limitations, bonus depreciation, and more. I provide important information and recommendations for business owners, as well as insights into how these updates may impact individuals. Watch the video to stay informedand take necessary actions based on the proposed changes.
9 Key Updates: Tax Relief for American Families and Workers Act of 2024
Child Tax Credit Expansion: Increases the refundable portion of the Child Tax Credit for 2023-2025. A...2024-01-1811 minWealth Game109 - Get a Tax Deduction for State Taxes You're Already PayingIn this video, I explain how you can get a tax deduction for state taxes that you're already paying. I discuss the problem of the cap on state and local tax deductions, and then present a solution called the pass-through entity tax payment. I provide an example and explain how prepaying state taxes through your business can lower your taxable income and save you money on taxes. I also offer important considerations and resources for implementing this strategy. Watch the video to learn how you can take advantage of this tax deduction opportunity.
Thank you for listening...2023-12-2207 minWealth Game66 - Buying business vehicles - to buy with cash or loan and calculating deductionBuying business vehicles - to buy with cash or loan and calculating deduction
Thank you for listening to another episode of Wealth Game podcast.
The goal is to get informal yet actionable advice directly to business owners and investors.
The episodes are intended to be short and simple to allow busy professionals to get right to the point of growing their wealth and reducing their taxes.
For topic suggestions, questions to cover, or collaboration requests please email questions@wealthgamepodcast.com.
For additional information and links to all available platforms ple...2022-12-0107 minWealth Game65 - What investments give tax breaksWhat investments give tax breaks
Thank you for listening to another episode of Wealth Game podcast.
The goal is to get informal yet actionable advice directly to business owners and investors.
The episodes are intended to be short and simple to allow busy professionals to get right to the point of growing their wealth and reducing their taxes.
For topic suggestions, questions to cover, or collaboration requests please email questions@wealthgamepodcast.com.
For additional information and links to all available platforms please visit our website at www.wealthgamepodcast.com2022-11-2507 minWealth Game64 - Roth IRA investmentsRoth IRA investments
Thank you for listening to another episode of Wealth Game podcast.
The goal is to get informal yet actionable advice directly to business owners and investors.
The episodes are intended to be short and simple to allow busy professionals to get right to the point of growing their wealth and reducing their taxes.
For topic suggestions, questions to cover, or collaboration requests please email questions@wealthgamepodcast.com.
For additional information and links to all available platforms please visit our website at www.wealthgamepodcast.com2022-11-2307 minWealth Game63 - Investment Options - Why invest in dividend paying stocksInvestment Options - Why invest in dividend paying stocks
Thank you for listening to another episode of Wealth Game podcast.
The goal is to get informal yet actionable advice directly to business owners and investors.
The episodes are intended to be short and simple to allow busy professionals to get right to the point of growing their wealth and reducing their taxes.
For topic suggestions, questions to cover, or collaboration requests please email questions@wealthgamepodcast.com.
For additional information and links to all available platforms please visit our website...2022-11-2206 minWealth Game62 - Investment Options - Annuities - good or badInvestment Options - Annuities - good or bad
Thank you for listening to another episode of Wealth Game podcast. The goal is to get informal yet actionable advice directly to business owners and investors.
The episodes are intended to be short and simple to allow busy professionals to get right to the point of growing their wealth and reducing their taxes.
For topic suggestions, questions to cover, or collaboration requests please email questions@wealthgamepodcast.com.
For additional information and links to all available platforms please visit our website at www.wealthgamepodcast...2022-11-2105 minWealth Game61 - Investment Options - Investing with Insurance Plans - Whole vs Term Life policiesInvestment Options - Investing with Insurance Plans - Whole vs Term Life policies
Thank you for listening to another episode of Wealth Game podcast. The goal is to get informal yet actionable advice directly to business owners and investors.
The episodes are intended to be short and simple to allow busy professionals to get right to the point of growing their wealth and reducing their taxes.
For topic suggestions, questions to cover, or collaboration requests please email questions@wealthgamepodcast.com.
For additional information and links to all available platforms please visit...2022-11-2008 minWealth Game60 - Investment Options - Oil and gas investmentsInvestment Options - Oil and gas investments
Thank you for listening to another episode of Wealth Game podcast. The goal is to get informal yet actionable advice directly to business owners and investors.
The episodes are intended to be short and simple to allow busy professionals to get right to the point of growing their wealth and reducing their taxes.
For topic suggestions, questions to cover, or collaboration requests please email questions@wealthgamepodcast.com.
For additional information and links to all available platforms please visit our website at www.wealthgamepodcast.com2022-11-1907 minWealth Game59 - Investment Options - CDs and Money market fundsInvestment Options - CDs and Money market funds
Thank you for listening to another episode of Wealth Game podcast.
The goal is to get informal yet actionable advice directly to business owners and investors.
The episodes are intended to be short and simple to allow busy professionals to get right to the point of growing their wealth and reducing their taxes.
For topic suggestions, questions to cover, or collaboration requests please email questions@wealthgamepodcast.com.
For additional information and links to all available platforms please visit our website at...2022-11-1805 minWealth Game58 - Investment Options - Mutual funds vs direct stock investment - pros and consInvestment Options - Mutual funds vs direct stock investment - pros and cons
Thank you for listening to another episode of Wealth Game podcast.
The goal is to get informal yet actionable advice directly to business owners and investors.
The episodes are intended to be short and simple to allow busy professionals to get right to the point of growing their wealth and reducing their taxes.
For topic suggestions, questions to cover, or collaboration requests please email questions@wealthgamepodcast.com.
For additional information and links to all available platforms...2022-11-1708 minWealth Game57 - Focus on growing the value of your own businessFocus on growing the value of your own business
Thank you for listening to another episode of Wealth Game podcast.
The goal is to get informal yet actionable advice directly to business owners and investors.
The episodes are intended to be short and simple to allow busy professionals to get right to the point of growing their wealth and reducing their taxes.
For topic suggestions, questions to cover, or collaboration requests please email questions@wealthgamepodcast.com.
For additional information and links to all available platforms please visit our website...2022-11-0408 minWealth Game56 - What types of investments are thereWhat types of investments are there
Thank you for listening to another episode of Wealth Game podcast.
The goal is to get informal yet actionable advice directly to business owners and investors.
The episodes are intended to be short and simple to allow busy professionals to get right to the point of growing their wealth and reducing their taxes.
For topic suggestions, questions to cover, or collaboration requests please email questions@wealthgamepodcast.com.
For additional information and links to all available platforms please visit our website at www.wealthgamepodcast...2022-11-0314 minWealth Game55 - Bonus depreciation ending - When do the laws changeBonus depreciation ending - When do the laws change
Thank you for listening to another episode of Wealth Game podcast.
The goal is to get informal yet actionable advice directly to business owners and investors.
The episodes are intended to be short and simple to allow busy professionals to get right to the point of growing their wealth and reducing their taxes.
For topic suggestions, questions to cover, or collaboration requests please email questions@wealthgamepodcast.com.
For additional information and links to all available platforms please visit our website...2022-11-0105 minWealth Game54 - New 2023 Standard deduction amounts - IRS UpdateNew 2023 Standard deduction amounts - IRS Update
Thank you for listening to another episode of Wealth Game podcast. The goal is to get informal yet actionable advice directly to business owners and investors.
The episodes are intended to be short and simple to allow busy professionals to get right to the point of growing their wealth and reducing their taxes.
For topic suggestions, questions to cover, or collaboration requests please email questions@wealthgamepodcast.com.
For additional information and links to all available platforms please visit our website at www.wealthgamepodcast.com2022-10-2604 minWealth Game53 - Am I taxed on the ERC creditsAm I taxed on the ERC credits
Thank you for listening to another episode of Wealth Game podcast.
The goal is to get informal yet actionable advice directly to business owners and investors.
The episodes are intended to be short and simple to allow busy professionals to get right to the point of growing their wealth and reducing their taxes.
For topic suggestions, questions to cover, or collaboration requests please email questions@wealthgamepodcast.com.
For additional information and links to all available platforms please visit our website at www...2022-10-2504 minWealth Game52 - Do I need to pay taxes on my PPP loanDo I need to pay taxes on my PPP loan
Thank you for listening to another episode of Wealth Game podcast.
The goal is to get informal yet actionable advice directly to business owners and investors.
The episodes are intended to be short and simple to allow busy professionals to get right to the point of growing their wealth and reducing their taxes.
For topic suggestions, questions to cover, or collaboration requests please email questions@wealthgamepodcast.com.
For additional information and links to all available platforms please visit our...2022-10-2404 minWealth Game51 - How to use other people's tax bracketsHow to use other people's tax brackets
Thank you for listening to another episode of Wealth Game podcast.
The goal is to get informal yet actionable advice directly to business owners and investors.
The episodes are intended to be short and simple to allow busy professionals to get right to the point of growing their wealth and reducing their taxes.
For topic suggestions, questions to cover, or collaboration requests please email questions@wealthgamepodcast.com.
For additional information and links to all available platforms please visit our website at www...2022-10-2307 minWealth Game50 - How do I pay myself from my S CorporationHow do I pay myself from my S Corporation
Thank you for listening to another episode of Wealth Game podcast.
The goal is to get informal yet actionable advice directly to business owners and investors.
The episodes are intended to be short and simple to allow busy professionals to get right to the point of growing their wealth and reducing their taxes.
For topic suggestions, questions to cover, or collaboration requests please email questions@wealthgamepodcast.com.
For additional information and links to all available platforms please visit our website...2022-10-2207 minWealth Game49 - Accredited investor statusAccredited investor status
Thank you for listening to another episode of Wealth Game podcast.
The goal is to get informal yet actionable advice directly to business owners and investors.
The episodes are intended to be short and simple to allow busy professionals to get right to the point of growing their wealth and reducing their taxes.
For topic suggestions, questions to cover, or collaboration requests please email questions@wealthgamepodcast.com.
For additional information and links to all available platforms please visit our website at www.wealthgamepodcast.com2022-10-1107 minWealth Game48 - What's a flow through entityWhat's a flow through entity
Thank you for listening to another episode of Wealth Game podcast.
The goal is to get informal yet actionable advice directly to business owners and investors.
The episodes are intended to be short and simple to allow busy professionals to get right to the point of growing their wealth and reducing their taxes.
For topic suggestions, questions to cover, or collaboration requests please email questions@wealthgamepodcast.com.
For additional information and links to all available platforms please visit our website at www.wealthgamepodcast.com2022-10-1004 minWealth Game47 - Hour requirements in your investments and the impact on taxesHour requirements in your investments and the impact on taxes
Thank you for listening to another episode of Wealth Game podcast.
The goal is to get informal yet actionable advice directly to business owners and investors.
The episodes are intended to be short and simple to allow busy professionals to get right to the point of growing their wealth and reducing their taxes.
For topic suggestions, questions to cover, or collaboration requests please email questions@wealthgamepodcast.com.
For additional information and links to all available platforms please visit our...2022-10-0909 minWealth Game46 - How do the rich pay a lower income tax rateHow do the rich pay a lower income tax rate
Thank you for listening to another episode of Wealth Game podcast.
The goal is to get informal yet actionable advice directly to business owners and investors.
The episodes are intended to be short and simple to allow busy professionals to get right to the point of growing their wealth and reducing their taxes.
For topic suggestions, questions to cover, or collaboration requests please email questions@wealthgamepodcast.com.
For additional information and links to all available platforms please visit our...2022-10-0811 minWealth Game45 - Conservation easements - get a deduction without giving away your landConservation easements - get a deduction without giving away your land
Thank you for listening to another episode of Wealth Game podcast.
The goal is to get informal yet actionable advice directly to business owners and investors.
The episodes are intended to be short and simple to allow busy professionals to get right to the point of growing their wealth and reducing their taxes.
For topic suggestions, questions to cover, or collaboration requests please email questions@wealthgamepodcast.com.
For additional information and links to all available platforms please visit...2022-10-0509 minWealth Game44 - What type of entity do I needWhat type of entity do I need
Thank you for listening to another episode of Wealth Game podcast.
The goal is to get informal yet actionable advice directly to business owners and investors.
The episodes are intended to be short and simple to allow busy professionals to get right to the point of growing their wealth and reducing their taxes.
For topic suggestions, questions to cover, or collaboration requests please email questions@wealthgamepodcast.com.
For additional information and links to all available platforms please visit our website at www...2022-10-0407 minWealth Game43 - Should I convert my IRA or 401(k) to a RothShould I convert my IRA or 401(k) to a Roth
Thank you for listening to another episode of Wealth Game podcast.
The goal is to get informal yet actionable advice directly to business owners and investors.
The episodes are intended to be short and simple to allow busy professionals to get right to the point of growing their wealth and reducing their taxes.
For topic suggestions, questions to cover, or collaboration requests please email questions@wealthgamepodcast.com.
For additional information and links to all available platforms please v...2022-10-0109 minWealth Game42 - Should I contribute to a traditional or Roth IRA-401kShould I contribute to a traditional or Roth IRA-401k
Thank you for listening to another episode of Wealth Game podcast.
The goal is to get informal yet actionable advice directly to business owners and investors.
The episodes are intended to be short and simple to allow busy professionals to get right to the point of growing their wealth and reducing their taxes.
For topic suggestions, questions to cover, or collaboration requests please email questions@wealthgamepodcast.com.
For additional information and links to all available platforms please visit our...2022-09-2811 minWealth Game41 - Real estate asset types for investmentReal estate asset types for investment
Breakdown of residential, commercial, and land and sub asset types for each
Thank you for listening to another episode of Wealth Game podcast.
The goal is to get informal yet actionable advice directly to business owners and investors.
The episodes are intended to be short and simple to allow busy professionals to get right to the point of growing their wealth and reducing their taxes.
For topic suggestions, questions to cover, or collaboration requests please email questions@wealthgamepodcast.com.
For additional...2022-09-2712 minWealth Game40 - What is a Revocable Trust (or irrevocable) and should you set one upWhat is a Revocable Trust (or irrevocable) and should you set one up
Thank you for listening to another episode of Wealth Game podcast. The goal is to get informal yet actionable advice directly to business owners and investors.
The episodes are intended to be short and simple to allow busy professionals to get right to the point of growing their wealth and reducing their taxes.
For topic suggestions, questions to cover, or collaboration requests please email questions@wealthgamepodcast.com.
For additional information and links to all available platforms please visit...2022-09-2612 minWealth Game39 - Tax free benefits for your employeesTax free benefits for your employees
Thank you for listening to another episode of Wealth Game podcast. The goal is to get informal yet actionable advice directly to business owners and investors.
The episodes are intended to be short and simple to allow busy professionals to get right to the point of growing their wealth and reducing their taxes.
For topic suggestions, questions to cover, or collaboration requests please email questions@wealthgamepodcast.com.
For additional information and links to all available platforms please visit our website at www.wealthgamepodcast.com2022-09-2213 minWealth Game38 - Strategies for business owners 4 main categoriesStrategies for business owners 4 main categories
1. Structuring you business correctly
2. Deducting your regular operating costs
3. Learning about and using NEW and not-so-typical deductions and credits
4. Tax free increases to your net worth, and ways to get tax free cash from your business and investments
Thank you for listening to another episode of Wealth Game podcast. The goal is to get informal yet actionable advice directly to business owners and investors.
The episodes are intended to be short and simple to allow busy professionals to get right to...2022-09-1624 minWealth Game37 - Per diem - bigger deductions with less out of pocketUnderstanding the per diem deduction, and how you can get a deduction depending on where you travel for business and how many nights you stay
Thank you for listening to another episode of Wealth Game podcast. The goal is to get informal yet actionable advice directly to business owners and investors.
The episodes are intended to be short and simple to allow busy professionals to get right to the point of growing their wealth and reducing their taxes.
For topic suggestions, questions to cover, or collaboration requests please email questions@wealthgamepodcast.com.
2022-09-1506 minWealth Game36 - Tax strategies for real estate3 core tax strategies that can be used, and should be understood by real estate investors
Thank you for listening to another episode of Wealth Game podcast. The goal is to get informal yet actionable advice directly to business owners and investors.
The episodes are intended to be short and simple to allow busy professionals to get right to the point of growing their wealth and reducing their taxes.
For topic suggestions, questions to cover, or collaboration requests please email questions@wealthgamepodcast.com.
For additional information and links to all available platforms...2022-09-1408 minWealth Game35 - Real estate professional - You or your spouse should quit your jobReal estate professional - You or your spouse should quit your job
Thank you for listening to another episode of Wealth Game podcast. The goal is to get informal yet actionable advice directly to business owners and investors.
The episodes are intended to be short and simple to allow busy professionals to get right to the point of growing their wealth and reducing their taxes.
For topic suggestions, questions to cover, or collaboration requests please email questions@wealthgamepodcast.com.
For additional information and links to all available platforms please visit our...2022-09-1306 minWealth Game34 - Real estate professional status benefits and requirementsReal estate professional status benefits and requirements
Thank you for listening to another episode of Wealth Game podcast. The goal is to get informal yet actionable advice directly to business owners and investors.
The episodes are intended to be short and simple to allow busy professionals to get right to the point of growing their wealth and reducing their taxes.
For topic suggestions, questions to cover, or collaboration requests please email questions@wealthgamepodcast.com.
For additional information and links to all available platforms please visit our website at www.wealthgamepodcast.com2022-09-1211 minWealth Game33 - S corporation benefits and should you convert your LLCS corporation benefits and should you convert your LLC
Thank you for listening to another episode of Wealth Game podcast. The goal is to get informal yet actionable advice directly to business owners and investors.
The episodes are intended to be short and simple to allow busy professionals to get right to the point of growing their wealth and reducing their taxes.
For topic suggestions, questions to cover, or collaboration requests please email questions@wealthgamepodcast.com.
For additional information and links to all available platforms please visit our website at www...2022-09-0910 minWealth Game32 - How to buy real estate with little or no money downHow to buy real estate with little or no money down
Thank you for listening to another episode of Wealth Game podcast. The goal is to get informal yet actionable advice directly to business owners and investors.
The episodes are intended to be short and simple to allow busy professionals to get right to the point of growing their wealth and reducing their taxes.
For topic suggestions, questions to cover, or collaboration requests please email questions@wealthgamepodcast.com.
For additional information and links to all available platforms please visit our website...2022-09-0809 minWealth Game31 - Tips for new real estate investorsTips for new real estate investors
Thank you for listening to another episode of Wealth Game podcast. The goal is to get informal yet actionable advice directly to business owners and investors.
The episodes are intended to be short and simple to allow busy professionals to get right to the point of growing their wealth and reducing their taxes.
For topic suggestions, questions to cover, or collaboration requests please email questions@wealthgamepodcast.com.
For additional information and links to all available platforms please visit our website at www.wealthgamepodcast.com2022-09-0713 minWealth Game30 - How to buy real estate in an LLCBuying real estate in an LLC
Thank you for listening to another episode of Wealth Game podcast. The goal is to get informal yet actionable advice directly to business owners and investors.
The episodes are intended to be short and simple to allow busy professionals to get right to the point of growing their wealth and reducing their taxes.
For topic suggestions, questions to cover, or collaboration requests please email questions@wealthgamepodcast.com.
For additional information and links to all available platforms please visit our website at www.wealthgamepodcast.com2022-09-0510 minWealth Game29 - Itemized Deduction Bunching StrategyLearn about the difference between itemized deductions and the "Standard Deduction", and how you can pay multiple years of charitable donations in one year to maximize the tax savings.
Thank you for listening to another episode of Wealth Game podcast. The goal is to get informal yet actionable advice directly to business owners and investors.
The episodes are intended to be short and simple to allow busy professionals to get right to the point of growing their wealth and reducing their taxes.
For topic suggestions, questions to cover, or collaboration requests please email...2022-09-0111 minWealth Game28 - How do tax brackets work - Our tiered tax bracket systemHow our tax bracket system in the US works. Does making $1 more than your current tax bracket mess things up for you? (probably not) This episode explains why and how they work.
Thank you for listening to another episode of Wealth Game podcast. The goal is to get informal yet actionable advice directly to business owners and investors. The episodes are intended to be short and simple to allow busy professionals to get right to the point of growing their wealth and reducing their taxes.
For topic suggestions, questions to cover, or collaboration requests please...2022-08-3105 minWealth Game27 - Hiring your spouseDiscussing some pros and cons of hiring your spouse. Tax benefits, impact on social security, and some tax free ways to have your corporation reimburse them tax free.
Thank you for listening to another episode of Wealth Game podcast. The goal is to get informal yet actionable advice directly to business owners and investors. The episodes are intended to be short and simple to allow busy professionals to get right to the point of growing their wealth and reducing their taxes.
For topic suggestions, questions to cover, or collaboration requests please email questions@wealthgamepodcast.com...2022-08-3006 minWealth Game26 - Personal loan or commercial loan for short term rental propertyDiscussing different types of loans when buying short term rental / vacation home property that's used as a rental property.
Thank you for listening to another episode of Wealth Game podcast. The goal is to get informal yet actionable advice directly to business owners and investors. The episodes are intended to be short and simple to allow busy professionals to get right to the point of growing their wealth and reducing their taxes.
For topic suggestions, questions to cover, or collaboration requests please email questions@wealthgamepodcast.com. For additional information and links to all available platforms...2022-08-2907 minWealth Game25 - Muni bond investments - invest right and get tax free growthLearn about the investment and tax benefits of investing in municipal bonds.2022-08-2606 min
Wealth Game24 - Multiply your tax deductions with leverage + a crypto mining rig exampleGo through an example of using "leverage" / debt to multiply your tax deductions. We go through an example with buying crypto mining rigs and how $10,000 of cash used to leverage and buy business assets could get you about $12,000 of cash back in your pocket at the end of the year.2022-08-2505 min
Wealth Game23 - $10,000 Student Loan forgiveness - hack to get around the income limitIf you have a student loan, there's a chance you can have up to $10,000 written off by the government. There's an issue if you make too much money though. This episode some of today's news about the government forgiving student loans, and also covers something you may want to do to get your taxable income low enough to qualify. Right now looks like there may be a $125k income limit, learn about what you can do to buy real estate to accelerate depreciation and get enough deductions to get your income below that required amount.2022-08-2404 min
Wealth Game22 - ERC credits - how to claim the $26,000 per employee credit, and their tax impactWhat the ERC credits are, how to get the $26,000 per employee, and how you might qualify as a business owner that paid employee wages during the pandemic.2022-08-2312 minWealth Game21 - Sell your crypto now - then buy it right back for taxesWhy selling your cryptocurrency and buying it right back can help you on your taxes2022-08-2206 minWealth Game20 - Holding companies and why you should have oneWhy a holding company could make sense to help protect your assets, keep your information private, and give you some tax benefits2022-08-2013 minWealth Game19 - Should you own your personal home through a trustWhy owning a home through a trust may or may not make sense and what happens to your home when you die.2022-08-1905 minWealth Game18 - What entity structure should I have for my rental propertiesSo many options for owning real estate, and why we typically recommend to have an LLC (either solely owned or partnership LLC) instead of corporations.2022-08-1814 minWealth Game17 - How is crypto taxedThe many ways cryptocurrency can be taxed. From mining, staking rewards, to capital gains for short or long term holders.2022-08-1715 minWealth Game16 - Should I form an LLC to own real estateWhy forming an LLC to own real estate is a good idea. Tax benefits, asset protection, more easily splitting ownership and estate planning purposes.2022-08-1604 minWealth Game14 - Big changes coming to electric vehicle tax credits in the inflation reduction actHere are some of the proposed changes and opportunities for electric vehicles in the inflation reduction act. Tax credits for tesla vehicles, tax credits for used vehicles, and income limitations are all part of the changes.2022-08-1608 minWealth Game15 - How to make $500k and pay no income tax - one exampleHow a high income W-2 income earner filing a joint tax return can pay little to no income tax on their earnings.2022-08-1606 minWealth Game13 - Donor Advised Fund - charitable giving strategiesIt's possible to "prepay" your charitable contributions into a Donor Advised Fund (DAF) where you retain control of where the money goes. This is a great way to front load your charitable contributions in a high tax bracket year but still be able to give to the charity of your choice years into the future.2022-08-1504 minWealth Game12 - Sell your personal home tax freeEver wondered about the tax laws on selling your personal home tax free? Enjoy up to $250,000 ($500,000 if filing jointly) of tax free capital gain from the sale of your personal home.2022-08-1404 minWealth Game11 - How to do a 1031 exchangeDid you know that you can sell your real estate and roll the funds over into another investment to eliminate your tax bill this year? There are some specific ins and outs on how to do it and this episode covers the process and some of those important details.2022-08-1308 minWealth Game10 - RV Rental - save on taxes and make moneyThe average RV only gets used 20 days a year! Some of our history with RV rentals, and how it can be possible to get a deduction when you buy an RV.2022-08-1213 minWealth Game9 - What is a syndicated investment dealLearn about investing in syndications / syndicated investment deals. There are all sorts of these investments around and understanding the concept will help you understand your role.2022-08-1108 minWealth Game8 - How heavy does my car need to be for a deductionLearn about writing off your business vehicle and why how much it weighs matters2022-08-1004 minWealth Game7 - What is a cost segregation in real estateLearn about cost segregations for real estate investors2022-08-0908 minWealth Game6 - 4 benefits of real estateLearn about 4 of the main benefits of real estate. Not just cash flow can make or break a real estate deal.2022-08-0809 minWealth Game5 - 4 ways an LLC can be taxedLearn about the different ways an LLC can be taxed. As a business owner or investor you need to know the differences.2022-08-0508 minWealth Game4 - Augusta rule - Have your business rent your home tax freeLearn more about the August Rule and how to have your business rent your own home from yourself tax free2022-08-0405 minWealth Game3 - Short term rental loopholeHow to take advantage of the short term rental loophole by investing in specific kinds of real estate to unlock the tax savings of bonus depreciation in a 2nd home, vacation home, or other short term rental property.2022-08-0304 minWealth Game2 - Pay your kids and get a deductionHow to pay your kids through your business and get a deduction for it2022-08-0205 minWealth Game1 - Intro Episode - Tax savings isn't just for the wealthyIntro to the podcast and why I created it. Why I think tax savings isn't just for the wealthy, and what I think holds people back.2022-08-0103 min