Shows
Know Your Numbers REI with Chris McCormackStop Overpaying: The Shocking Truth About Real Estate Agents and Their Tax MistakesWelcome to the Know Your Numbers REI Podcast! In this episode, your host Chris McCormack, a certified tax planner, dives in to five essential tax strategies that every real estate agent should know.Are you a real estate agent or thinking about becoming one? This episode is packed with valuable insights that could save you thousands of dollars on your taxes. Chris shares his expertise on how many agents overpay due to a lack of understanding of the tax code and offers practical solutions to help you keep more of your hard-earned money.2025-04-0315 min
Know Your Numbers REI with Chris McCormackMaximize Your Airbnb Profits: Strategies from a Top Consultant I Chris McCormack & John BianchiIn this episode of the Know Your Numbers REI podcast, host Chris McCormack welcomes Airbnb data expert John Bianchi, the founder of STR Search. John shares his passion for analyzing Airbnb data and discusses how his company helps clients identify profitable short-term rental properties. With a remarkable track record of over 200 successful property identifications.John Bianchi is a leading expert in short-term rental investments and the founder of STR Search, a company that has successfully directed over $90M+ in Airbnb investments. Recognized as "The Airbnb Data Guy," John specializes in data-driven property acquisitions, helping...2025-03-1330 min
Know Your Numbers REI with Chris McCormackUnlock Wealth Building Strategies: Combining Cost Segregation and 1031 Exchanges to Reduce TaxesWelcome to the Know Your Numbers REI Podcast! In this episode, host Chris McCormack, CPA and founder of Better Books Accounting, dives deep into the powerful combination of cost segregation and 1031 exchanges.Are you a real estate investor looking to maximize your tax savings and accelerate your portfolio growth? This episode is for you! Chris breaks down the intricacies of both strategies, explaining how they work individually and together to create a wealth-building machine.Learn about the basics of cost segregation and 1031 exchanges and how to avoid common pitfalls...2025-02-2713 min
Know Your Numbers REI with Chris McCormackThe Power of Private Family Foundations: Tax Benefits, Legacy, and Philanthropy Explained I Chris McCormack & Daniel KaminskiIn this episode of the Know Your Numbers REI podcast, host Chris sits down with Daniel Kaminski, founder of Foundation Launch, to explore the world of private family foundations. Daniel shares his journey from co-founding Better Wealth to establishing his own family foundation, highlighting the importance of understanding the intricacies of charitable giving.Discover what a private family foundation is, the benefits it offers, and why it’s an attractive option for those looking to manage their charitable contributions effectively. Daniel dives into the mechanics of setting up a foundation, the tax advantages, and th...2025-02-0642 min
Behind the PrintBehind The Print with Chris McCormackIn this episode of Behind The Print, we’re excited to welcome Chris McCormack, a world-traveling photographer and adventurer who has spent the past 11 years capturing breathtaking moments and connecting cultures. From motorcycling across Mongolia to playing baseball in Cuba, Chris shares his incredible journey of turning his passion for travel and photography into a full-time career.Discover how Chris uses print to bring his adventures to life and inspire others to step out of their comfort zones and explore the world.Key Topics Covered:The Spark of Adventure: How a study abroad trip to...2025-01-3034 min
Know Your Numbers REI with Chris McCormackHow Income, Savings, Investments, and Leverage Impact Your Taxes: The Four Primary Drivers of Your Tax BillWelcome to the Know Your Numbers REI Podcast! In this episode, Chris McCormack, CPA, and Certified Tax Planner at Better Books, dives deep into the four primary drivers of your tax bill. Discover how the way you earn, save, invest, and leverage money can significantly impact your tax obligations.
Chris discusses the difference in tax rates between W-2 earners and business owners, using Warren Buffett as a prime example and the strategies for W-2 earners to maximize tax savings. He also covers the importance of how you save money, including the benefits of tax-deferred...2024-12-2613 min
Know Your Numbers REI with Chris McCormackThe Impact of Dave Ramsey's Financial Strategies: How He Built a Multimillion Dollar BusinessDave Ramsey's approach to finances is deeply intertwined with his faith, which serves as the foundation for his financial philosophy and practices. He openly shares his religious convictions, particularly his relationship with Jesus Christ, and emphasizes the importance of applying biblical principles to financial management. This perspective extends beyond personal finance; it fosters a sense of community and service.
In this episode, host Chris McCormack, a Certified Tax Planner and CPA at Better Books, takes a deep dive into the world of personal finance and the controversial figure of Dave Ramsey.
2024-10-2417 min
Know Your Numbers REI with Chris McCormackWill Kamala Harris's Tax Proposals Hurt the Economy? What You Need to Know Before Voting!In this episode of the Know Your Numbers REI podcast, host Chris McCormack delves into the critical topic of tax policy as it relates to the upcoming presidential election. With a focus on current Vice President Kamala Harris, who is running as a Democratic candidate, Chris examines the various discussions surrounding her tax proposals.
Chris highlights the importance of understanding the impact of these policies, referencing nonpartisan resources like the Tax Foundation for further insights. In this episode, he also touches on the recent vice presidential debate, where tax policy was a significant point...2024-10-1023 min
Know Your Numbers REI with Chris McCormackThe Ultimate Guide to Opportunity Zone Investments I Chris McCormack & Barrett LinburgWelcome to the Know Your Numbers REI podcast! In this episode, host Chris McCormack sits down with Barrett Linburg, co-founder of Savoy Equity Partners, to discuss the intricacies of investing in Opportunity Zones within the real estate market. Barrett shares his expertise in utilizing the Opportunity Zone tax structure to maximize real estate investments, particularly in the Dallas, Texas region.
Barrett delves into his journey in commercial real estate, highlighting the benefits of Opportunity Zones and how they offer unique tax advantages for investors. He shares real-life examples of successful projects in Opportunity Zones...2024-09-0532 min
Know Your Numbers REI with Chris McCormackTop 5 Tax Write-Off Mistakes to Avoid: Maximize Your Tax Savings!Meeting with a qualified tax professional is crucial to avoid common tax deduction mistakes. In this episode of the Know Your Numbers REI podcast, Chris McCormack, a CPA and Certified Tax Planner, delves into the top five write-off mistakes that many people make and provides valuable insights on how to avoid them. With a focus on bringing confidence to American investors and business owners, Chris shares practical tips to help listeners pay less in taxes. Tune in to discover actionable strategies to improve your tax planning and make informed financial decisions.
Join Chris as...2024-08-2217 min
Know Your Numbers REI with Chris McCormackSingle Member LLC vs. Partnership: Key Tax Considerations for Husband and Wife Business OwnersIn this episode of the Know Your Numbers REI podcast, host Chris McCormack, a CPA and Certified Tax Planner, dives into the importance of entity structure for real estate investors, specifically focusing on LLCs and partnerships. Chris shares insights on the benefits of setting up an LLC, such as limiting liability, separating business and personal finances, and gaining credibility as an investor.
He discusses the differences between single member LLCs and partnerships, particularly for husband and wife business owners, highlighting factors like tax deadlines, cost-effectiveness, and tax treatment. Chris emphasizes the need for clarity...2024-08-1512 min
Know Your Numbers REI with Chris McCormackUnderstanding Tax Expenses: How to Reduce the Biggest Expense of Your LifetimeAre you tired of feeling overwhelmed by taxes and unsure of how to navigate the complex tax system? Look no further than the latest episode of the Know Your Numbers REI podcast with host Chris McCormack.
In this episode, Chris McCormack, a CPA and certified tax planner, delves into why taxes are the biggest expense of our lifetime and what you can do about it. Chris discusses the various categories of taxes we pay, the impact of tax policies on our economy, and practical strategies to pay less in taxes. He emphasizes the importance...2024-08-0820 min
Know Your Numbers REI with Chris McCormackHow to Qualify for Real Estate Professional Status and Reduce Your TaxesReal estate professional status allows investors to offset passive losses with active income, but it requires meticulous record-keeping and a minimum of 750 hours in real estate-related activities. Chris shares real-life examples and insights on how to ensure you meet the IRS requirements and avoid potential pitfalls.
In this episode of the Know Your Numbers REI podcast, host Chris McCormack discusses the importance of real estate professional status for investors. This strategy allows investors to use passive losses in real estate to offset active income from other sources, such as W-2 income or business earnings...2024-08-0115 min
Know Your Numbers REI with Chris McCormackThe BRRRR Method Explained: Tax-Free Refinancing Strategies for Real Estate InvestorsIn this episode of the Know Your Numbers REI podcast, host Chris McCormack dives into the crucial topic of debt, specifically focusing on the tax implications of refinancing in real estate investing. He emphasizes the importance of proper record-keeping and categorization to avoid unknowingly paying taxes on debt that should be non-taxable.
Chris shares real-life examples of investors who faced tax issues due to improper categorization of refinancing and insurance policy loans. He highlights the significance of working closely with accountants and tax planners to ensure accurate bookkeeping and tax filings, ultimately saving investors...2024-07-2516 min
Know Your Numbers REI with Chris McCormackMaximize Your ROI: Understanding Real Estate Professional Status for Tax BenefitsReal estate professional status is a valuable tax strategy that enables individuals to offset losses from rental real estate against their active income. By qualifying as a real estate professional, individuals can utilize these losses to reduce their taxable income, particularly beneficial for those with high W-2 or business income.
In this episode of the Know Your Numbers REI podcast, host Chris McCormack dives deep into the strategy of real estate professional status to help investors scale their businesses and increase ROI by minimizing taxes. By being well-versed in the tax code, investors can...2024-07-0417 min
Know Your Numbers REI with Chris McCormackUnderstanding Tax Implications in Real Estate: Long-Term Rentals vs. Fix and FlipsIn this episode of the Know Your Numbers REI podcast, host Chris McCormack delves into tax strategies, news, and insights for real estate investors and business owners. The focus is on helping those frustrated with the amount of taxes they pay to gain confidence and understanding in tax knowledge. Chris addresses the different tax implications for various industries within real estate investing, such as private money lending, development, wholesaling, and long-term investing.
If you're a real estate investor looking to optimize your tax strategy and minimize your tax burden, this episode is a must-listen...2024-06-2720 min
Know Your Numbers REI with Chris McCormackUnlocking Financial Success in Real Estate with Proactive Performance TrackingManaging your real estate business effectively requires measuring and monitoring your performance through up-to-date bookkeeping and tracking the numbers. In a podcast episode, Chris McCormack emphasizes the importance of performance monitoring in real estate investing, highlighting the key concept that "you can't manage what you don't measure." This principle applies not only to real estate but also to various industries, such as health and education.
Chris emphasizes that a strong accountant can help you understand your numbers, communicate financial insights, and guide you in managing your business effectively. He clearly added that by leveraging...2024-05-1611 min
Know Your Numbers REI with Chris McCormackFrom Chaos to Control: Implementing Effective Financial Habits for Real Estate GrowthProper internal controls and regular processes are essential components for maintaining accurate financial records and implementing an effective tax strategy. Having internal controls in a real estate business establishes checks and balances, preventing errors, fraud, and mismanagement of funds. By following structured processes and procedures, real estate investors can manage their finances effectively, leading to reliable financial records.
In this episode of the Know Your Numbers podcast, host Chris McCormack delves into key number two from the e-book “The Six Keys to Increasing Your Real Estate Revenue” which is the importance of internal controls and...2024-05-0914 min
Know Your Numbers REI with Chris McCormackStruggling with the Chaos of Accounting Errors? Achieve Peace of Mind with Clean Financial RecordsClean accounting and bookkeeping are essential for the success of real estate investors, as they help eliminate chaos, errors, and unnecessary costs. Maintaining accurate financial records is the cornerstone of a successful real estate portfolio. Just as a secure foundation is crucial in building a house to prevent future issues, having organized accounting records is key to avoiding costly mistakes down the line.
In this episode of the Know Your Numbers podcast, host Chris McCormack delves into the first key to increasing real estate revenue: clean accounting and bookkeeping. By emphasizing the importance of...2024-05-0312 min
Know Your Numbers REI with Chris McCormackThe 6 Keys to Unlocking Your Real Estate Income: Learn How to Save $50,000 or More on Your Taxes and Build a Rock-Solid Real Estate BusinessIn this episode of the Know Your Numbers REI podcast, host Chris McCormack discusses his six keys to real estate tax savings. He highlights potential changes in tax laws that could benefit investors and emphasizes the need to plan ahead for the rest of the year.
With market uncertainties and rising costs, McCormack focuses on ways to increase cash flow in real estate investments. The episode delves into strategies outlined in the new e-book, "The Six Keys to Increasing Your Real Estate Revenue."
Don't miss out on this valuable...2024-04-2521 min
Know Your Numbers REI with Chris McCormackFull-Time: Work and the Meaning of Life (An Interview with David Bahnsen) I Chris McCormack & David BahnsenIn this episode of the Know Your Numbers REI podcast, host Chris McCormack interviews David Bahnsen, founder of the Bahnsen Group and author of "Full-Time: Work and the Meaning of Life." David discusses the importance of work and how it is ordained by God, emphasizing the significance of producing goods and services to meet the needs of humanity. He explores the idea of co-creating with God through work and highlights the role of work in stewardship and innovation.
Don't miss out on this enlightening conversation that will challenge your perspective on work and inspire...2024-04-1822 min
Know Your Numbers REI with Chris McCormackNavigating Insurance in Real Estate Investments I Chris McCormack & Aaron LetzeiserIn this episode of the Know Your Numbers REI podcast, host Chris McCormack interviews Aaron Letzeiser, the co-founder and COO of OBIE, a cutting-edge insurance and risk management technology platform for real estate investors in the United States. Aaron shares his journey from successful entrepreneur to real estate investor and venture partner. Discover how Aaron's frustration with lack of control over insurance expenses led him to start OBIE insurance with his brother, Ryan, and how they are revolutionizing the insurance market for investors.
Aaron shared his journey from being a real estate investor frustrated...2024-04-1133 min
Know Your Numbers REI with Chris McCormack3 Steps you Need to Take as we Wrap up Tax Season 2024In this episode of the Know Your Numbers REI podcast, host Chris McCormack discusses key considerations as we approach the end of quarter one of tax season 2024. He emphasizes the importance of proactive planning to reduce tax bills, minimize stress, and save more money. Chris highlights missed opportunities he often sees and stresses the significance of building strong relationships with your CPA.
If you're feeling overwhelmed by taxes, stressed about paying too much to the government, or simply want to optimize your tax strategy for financial growth, this episode is a must-listen. Join Chris as he shares...2024-03-2811 min
Know Your Numbers REI with Chris McCormackNurturing Growth & Financial Success I Chris McCormack & Parker PursellBuilding trust through human interaction and service is essential in financial empowerment. In a podcast episode featuring Parker Purcell, the significance of human connection and service in the financial industry was emphasized. Parker stressed the importance of winning hearts before minds when it comes to leadership and relationship-building. He noted that people are not robots; they are complex individuals with lives, families, pasts, and baggage. Therefore, establishing a strong human connection is crucial in gaining trust and empowering individuals financially.
Parker shared insights from his experience at EQRP, where they prioritize a robust service model. They have...2024-03-2133 minKnow Your Numbers REI with Chris McCormackThe Top 5 Bookkeeping Mistakes Real Estate Investors MakeIn this insightful episode of the Know Your Numbers REI podcast, host Chris McCormack covers the five common bookkeeping pitfalls to avoid, including the consequences of not keeping up with bookkeeping, failing to utilize software, procrastination, the importance of delegating, and the significance of properly categorizing transactions in the real estate industry.
Tune in to learn how neglecting bookkeeping can lead to failed audits, increased tax liabilities, and wasted time and energy. Chris provides valuable tips on how to overcome these challenges and emphasizes the importance of seeking help from real estate accounting specialists to ensure accurate...2024-03-1415 minKnow Your Numbers REI with Chris McCormackMaximizing Tax Benefits in Real Estate Syndications: A Comprehensive GuideIn this episode of the Know Your Numbers REI podcast, host Chris McCormack discusses the topic of syndications in real estate investing. Syndications are group-funded investment projects that target larger commercial properties.
Chris addresses common questions about syndications and explains how they differ from smaller residential properties like duplexes or quadplexes. Learn how syndications differ from partnerships and gain insights into common questions surrounding this topic.
Tune in to learn more about this investment strategy and how it can benefit your real estate portfolio. Don't forget to leave a five-star rating and review if you f...2024-03-0720 minKnow Your Numbers REI with Chris McCormackUnveiling Deceptive Marketing Tactics of TurboTaxIn this episode of the Know Your Numbers REI podcast, host Chris McCormack delves into the controversial marketing techniques used by TurboTax. He shares insights on how these strategies impact customers and the financial world. Chris highlights the limitations of relying solely on tax software, such as TurboTax, which may guarantee an accurate tax return but overlooks proactive tax planning.
He emphasizes that TurboTax's guarantee of accuracy does not necessarily ensure that all deductions, credits, and tax-saving opportunities are maximized. Taxpayers using TurboTax may unknowingly miss out on potential savings due to errors or oversights in their...2024-02-2911 minKnow Your Numbers REI with Chris McCormackMaximizing Wealth: Understanding Tax-Deferred, Tax Now, and Tax-Free AccountsIn this episode of the Know Your Numbers REI podcast, host Chris McCormack, a CPA and founder of Better Books Accounting and Tax Planning, discusses the importance of understanding tax buckets for real estate investors and business owners.
He emphasizes the value of aligning with the right tax professional to navigate the tax code effectively, reduce overpayments, and build a strong relationship with a CPA.
Tune in to gain clarity on different tax accounts and their benefits, drawbacks, and requirements. Don’t forget to share the episode for valuable insights and to leave a five-star rat...2024-02-2216 min
Know Your Numbers REI with Chris McCormackThe Power of Zero: Revolutionizing Retirement Planning I Chris McCormack & David McKnightTax rates are a crucial factor to consider when planning for retirement. In this episode of the Know Your Numbers REI podcast, David McKnight, author of the bestselling book "The Power of Zero" shares his expertise in helping thousands of Americans achieve the 0% tax bracket. Emphasizes the importance of recognizing that tax rates are likely to increase in the future due to the growing national debt. He suggests that individuals should resist the temptation to prioritize immediate tax deductions and instead focus on tax-free retirement planning options.
McKnight recommends taking advantage of various tax-free streams of income...2024-02-1531 minKnow Your Numbers REI with Chris McCormackUnderstanding Roth IRAs: How Peter Thiel Turned a Small Investment into BillionsIn this episode of the Know Your Numbers REI podcast, host Chris McCormack discusses the power and possibilities of using retirement accounts, specifically the Roth IRA. He shares a powerful story that highlights the benefits and considerations of utilizing retirement accounts for financial planning.
Chris emphasizes that everyone's financial goals and circumstances are unique, and encourages listeners to seek personalized tax planning and financial advice. Don't miss this valuable episode on maximizing your retirement savings.
Tune in now for an enlightening and entertaining conversation that will leave you with a deeper understanding of Roth IRA...2024-02-0815 minKnow Your Numbers REI with Chris McCormackHow to Save on Taxes and Grow Your Real Estate Business with Effective Tax PlanningIn this episode of the Know Your Numbers REI podcast, host Chris McCormack discusses the importance of proactive tax planning for real estate investors. He highlights the difference between tax planning and other service offerings in the market and emphasizes the frustration that many investors face due to a lack of proactive tax planning.
Chris is dedicated to providing listeners with the insights they need to make confident decisions about their taxes. He educates listeners on what to look for in a real estate tax accountant and keeps them updated on the ever-changing tax environment.
...2024-02-0113 minKnow Your Numbers REI with Chris McCormackFrom Accumulation to Distribution: A Comprehensive Look at Estate Planning StrategiesIn this episode of the Know Your Numbers REI podcast, host Chris McCormack, a CPA and Certified Tax Planner, delves into a topic that is relevant to all real estate investors: what happens to your taxes when you die. While it may not be a pleasant topic, it is important to understand the implications and plan accordingly.
Chris provides clarity and guidance on navigating the confusing waters of the United States tax code, with the goal of eliminating tax burdens and keeping more money in your account.
Tune in to gain valuable insights and share...2024-01-2518 minKnow Your Numbers REI with Chris McCormackWhy One-Size-Fits-All Tax Advice Doesn't Work for Real Estate InvestorsIn this episode of the Know Your Numbers REI podcast, host Chris McCormack discusses the misconception that tax advice is a one-size-fits-all solution. With the rise of social media influencers and the influx of financial advice, it's crucial for real estate investors to be aware of the potential pitfalls of generic tax advice.
Chris emphasizes the importance of personalized tax planning and highlights some costly decisions that can arise from following generic advice.
Tune in to learn more about the intricacies of tax advice and how to navigate them effectively.
[00:00:14...2024-01-1813 minKnow Your Numbers REI with Chris McCormack2024 Tax Law Changes: What Real Estate Investors Need to KnowIn this episode of the Know Your Numbers REI podcast, host Chris McCormack discusses important things to be aware of as we approach the 2024 tax year. With recent changes to the tax law and ongoing efforts by the government to generate revenue and incentivize economic investment, it's crucial for real estate investors to stay informed.
Chris highlights the proactive planning and strong client relationships offered by Better Books Accounting, a real estate tax planning firm. He emphasizes the importance of working with professionals to navigate the complexities of real estate tax and maximize savings.
Tune...2024-01-1114 minKnow Your Numbers REI with Chris McCormackDoes Overpaying on Taxes Make You a Good Citizen?In this episode of the Know Your Numbers REI podcast, host Chris McCormack dives into the controversial subject of overpaying taxes. He explores whether it makes you a good citizen to overpay on taxes and presents three compelling reasons why it does not.
From discussing the impact of overpaying on your ability to serve others to the lack of accountability in government offices and the questionable spending of taxpayer dollars, Chris challenges the common belief that overpaying on taxes is a noble act.
If you're interested in real estate tax strategies or want to learn...2024-01-0415 minKnow Your Numbers REI with Chris McCormackWhy Placing Your Real Estate in an S Corporation Might Not Be the Best Move (Unveiling the Truth)Are you considering placing your real estate assets in an S Corporation? Hold off before making that decision! In this episode of the Know Your Numbers REI podcast, host Chris McCormack, CPA, MBA, and Certified Tax Planner, delves into the reasons why putting your real estate in an S Corporation might not be the best choice for you.
From tax implications to legal complexities, he breaks down the crucial factors that could impact your real estate investments negatively. Empower yourself with knowledge to protect your real estate investments and make strategic decisions that align with your financial...2023-12-2815 min
Know Your Numbers REI with Chris McCormack"The Power of Mindset and Mentorship in Real Estate Investing" | Chris McCormack & Julie RoyIn this episode of the Know Your Numbers REI podcast, host Chris McCormack interviews Julie Roy, a seasoned business leader and an experienced real estate investor with several multi-million dollar exits.
Julie shares her wealth of knowledge on building wealth, saving on taxes, and achieving your dreams. 📚💰 She also discusses her experiences in building and selling businesses, as well as her strategies for saving on taxes and achieving financial goals.
Tune in now to gain valuable insights and inspiration from Julie's incredible journey. Don't forget to leave a rating and review if you find value in thi...2023-12-2142 minKnow Your Numbers REI with Chris McCormackWant to Save on Taxes? These Are The Essential Steps to Avoid Tax Mistakes!Are you worried about making mistakes with your taxes? No stress – our latest video is here to guide you through the essential steps to help you keep more of your hard-earned money. Taxes can be tricky, but we break it down in plain language, making it easy to understand and apply.
In this episode of the Know Your Numbers REI podcast, Chris McCormack, an MBA, CPA, and a Tax Expert in the real estate industry, shares the five things you need to do before year end to properly prepare for the tax season. He highlights the common mi...2023-12-0713 minKnow Your Numbers REI with Chris McCormackUnlocking Real Estate Success: The Vital Role of Real Estate Professional Status!In this episode of the Know Your Numbers REI podcast, host Chris McCormack, CPA, MBA, and Certified Tax Planner, dives into the topic of real estate professional, and why it is important for all real estate investors to understand. Chris discusses the four reasons people get into real estate, the tax benefits of being a real estate professional, and how to ensure you are maximizing your tax advantages. If you want to grow your confidence in the real estate area of the tax code and achieve your financial and tax goals, this episode is a must-listen.
Don't...2023-11-3014 minKnow Your Numbers REI with Chris McCormackWhy Meeting with an Accountant Should be a Priority?In this informative episode, we explore the realm of tax planning and address the pressing question: When is the appropriate time to meet with an accountant? Maximizing your tax planning is crucial for individuals and businesses alike, and having the guidance of a knowledgeable accountant can make a significant difference.
Whether you're an individual looking to optimize your personal finances or a business owner aiming to maximize profitability, this video equips you with the knowledge needed to make informed decisions about your tax planning strategy.
Tune in now and embark on a journey of financial...2023-11-2308 minKnow Your Numbers REI with Chris McCormackChoosing the Next Location of Your Property? These are Tax Implications you Need to Be Aware ofIn this episode of the Know Your Numbers REI podcast, host Chris McCormack, a tax expert, MBA, and CPA, discusses the breaking news of Jeff Bezos moving from Washington to Florida and how taxes might have played a role in this decision.
Discover the world of real estate investment and explore the profound impact that taxes can have on the strategic decisions made by investors. Join us as we unravel the complexities of tax considerations and their direct correlation to location choices in the real estate market.
Learn about the tax incentives available for small...2023-11-1609 minKnow Your Numbers REI with Chris McCormackTax Benefits for Married Real Estate Investors: The Advantages of Filing JointlyAre you ready to discover the incredible advantages of filing jointly on your taxes? Join us in this informative episode where we delve deep into the world of tax benefits for couples.
In this episode of the Know Your Numbers REI podcast, host Chris McCormack dives into the topic of marriage and its impact on tax filing. He discusses the common questions and confusion that arise when one spouse is a real estate investor or entrepreneur while the other is a W-2 earner.
Chris emphasizes the importance of tax a...2023-11-0912 min
Know Your Numbers REI with Chris McCormack"The Power of Money in Motion" | Chris McCormack & Tim CornwellIn this episode of the Know Your Numbers REI podcast, host Chris McCormack welcomes special guest Tim Cornwell, a realtor for eXp Realty and a successful real estate investor.
Tim shares his journey in the real estate industry and offers valuable insights on the importance of keeping money flowing and in motion. He also discusses the concept of failing forward and the role of faith in business.
Don't miss out on this enlightening conversation!
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To connect with Tim, visit his website: https://www.timcornwell.com/my-story
Connect on Social Platforms:
Facebook: https://www.facebook.com/mrtimcornwell
LinkedIn: https://www.linkedin.com/in/mr...2023-11-0230 minKnow Your Numbers REI with Chris McCormackStock Market for Real Estate Entrepreneurs: Is It a Wise Investment?As a real estate entrepreneur, you've likely mastered the art of property investment, but have you considered the potential benefits of expanding your investment portfolio into the stock market? In this video, we explore the important question: "Should I Invest in the Stock Market as a Real Estate Entrepreneur?"
Chris McCormack, a certified tax expert and MBA in accounting will provide you with valuable insights and expert analysis to help you make an informed decision. Discover the advantages, potential risks, and strategies for diversifying your investments and building wealth in both real estate and...2023-10-2709 minKnow Your Numbers REI with Chris McCormackProsperity Pathway: Navigating Real Estate Tax Strategy in Qualified Opportunity ZonesConsidering a real estate tax strategy involving Qualified Opportunity Zones? This video is your essential guide on what to look out for when navigating this lucrative investment opportunity.
We'll delve into the intricacies of Qualified Opportunity Zones, discussing key considerations, potential benefits, and the rules you need to be aware of. Whether you're a seasoned real estate investor or just starting in the world of property investment, this information can help you make informed decisions and maximize your tax savings.
Don't miss out on this valuable insight into leveraging Qualified Opportunity Zones for your real...2023-10-1910 minKnow Your Numbers REI with Chris McCormackNavigating Real Estate Taxes: Tips for Choosing an AccountantIn this episode of the Know Your Numbers REI podcast, host Chris McCormack, a Certified Tax Planner and MBA in Accounting, dives into the topic of what to look for in an accountant. Whether you're a real estate investor or simply interested in the potential tax savings and avoidance that real estate offers, finding the right accountant is crucial.
Chris discusses the importance of expertise, specialization, and ethical practices when choosing an accountant. If you've been frustrated by the lack of intelligent conversations with your current accountant, this episode will provide valuable insights.
Tune in to...2023-10-1213 minKnow Your Numbers REI with Chris McCormack2024 Tax Code Changes Explained: Impact on Your Finances Ahead!Are you concerned about the impending tax code changes and how they might impact your financial situation? In this informative video, we break down into the latest developments in tax legislation that could have a significant impact on your financial situation.
Chris McCormack, a tax expert in finance and real estate, will help you understand the potential changes, how they might affect your income, deductions, and overall tax liability, and what steps you can take to adapt your financial strategy accordingly.
Stay informed and be prepared for the evolving tax landscape in the real estate...2023-10-0515 minKnow Your Numbers REI with Chris McCormack2024 Tax Code Changes Explained: Impact on Your Finances Ahead!Are you concerned about the impending tax code changes and how they might impact your financial situation? In this informative video, we break down into the latest developments in tax legislation that could have a significant impact on your financial situation.
Chris McCormack, a tax expert in finance and real estate, will help you understand the potential changes, how they might affect your income, deductions, and overall tax liability, and what steps you can take to adapt your financial strategy accordingly.
Stay informed and be prepared for the evolving tax landscape in the real estate...2023-10-0515 min
Know Your Numbers REI with Chris McCormackHere's what you can do to save on taxes NOW with Matt RuttenbergMatt Ruttenberg is the founder of SureLI, a life insurance company focused on cover you the right way as well CMO of Life, Inc. Retirement Service, a firm focused on growing your business and decreasing your taxes through the use of a retirement plan.
He sat down with Chris to talk all things finance, FIRE movement and tax savings for business owners.
Connect with Matt on LinkedIn: https://www.linkedin.com/in/mattruttenberg/
Visit the SureLI website to find out more: https://sureli.co/about/
Visit Life Inc. for your retirement...2022-12-0131 min
Know Your Numbers REI with Chris McCormackIs Real Estate a No Brainer? Breaking Down the Numbers with Flint JamisonFlint Jamison is the founder of Vestus Capital LLC - a real estate investment firm focused on helping busy people earn passive income through commercial real estate investing.
Connect with Flint on LinkedIn: https://www.linkedin.com/in/flintjamison/
Visit Vestus Capital Website: https://vestuscapital.com/
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For more Content with Chris McCormack and the Better Books team:
Follow Chris on Instagram: @chrismccormackcpa Connect with Chris on LinkedIn: Chris McCormack CPA, MBA Check out Better Books webpage: https://betterbooksaccounting.co/
Be sure to GIVE a five star...2022-11-1727 min
Know Your Numbers REI with Chris McCormackWhat was the 401k created for? With the "Father of the 401k" Ted BennaTed Benna is commonly referred to as the "father of 401(k)" because he created and gained IRS approval of the first 401(k) savings plan. Ted has received many citations for his accomplishments.
Ted has also been profiled in the Wall Street Journal, New York Times, Institutional Investors, Pension and Investments, USA Today, Employee Benefit News, HUman Resource Executive, Fortune, Plan Sponsor, Kiplinger, Politico and many other publications. Ted has authored four books including 401(k) for Dummies.
He sat down with Chris to discuss the 401(k) and what many people get wrong about it today.
2022-11-1033 min
Know Your Numbers REI with Chris McCormackWhat it Means to be Addicted to More with Brock FortnerBrock Fortner is the Lead Wealth Strategist at Stone Century Financial. Together, he and his team help others reach financial freedom, pay less in taxes and pass on generational wealth. He sat down with Chris to discuss his pursuits and the importance of financial education.
Connect with Brock on LinkedIn: https://www.linkedin.com/in/brockfortner/
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For more Content with Chris McCormack and the Better Books team:
Follow Chris on Instagram: @chrismccormackcpa
Connect with Chris on LinkedIn: Chris McCormack CPA, MBA
Check out Better Books webpage: https://betterbooksaccounting...2022-10-2735 min
Know Your Numbers REI with Chris McCormackThe Most Creative Way to Build Wealth in Real Estate with Don SpaffordDon Spafford is the Investor Relations Specialist at Happy Camper Capital - a real estate investment group dedicated to the outdoor hospitality industry.
Don started his real estate investing career at 40 years old buying four plexes. After having his first one for about a year he realized he needed to scale bigger and faster to reach his ultimate financial independence goal. He started networking and made great connections that helped him get into some unique opportunities involving large build-to-rent multifamily and also value-add RV Campground syndications.
Interested in investing with Don? Check out the Happy...2022-10-2139 min
Know Your Numbers REI with Chris McCormackFulfilling the Great Commission...IN OUR LIFETIMEDaniel White is the Founding Principal of Kingdom Equity - a real estate investment firm focused on generating financial and spiritual returns through passive income.
Daniel is also the host of the Kingdom Investor Podcast. Check it out here: https://thekingdominvestor.buzzsprout.com/
Visit Daniel's website: www.thekingdominvestor.com
Connect with Daniel on LinkedIn: https://www.linkedin.com/in/daniel-white-a9490351/---
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For more Content with Chris McCormack and the Better Books team:
Follow Chris on Instagram: @chrismccormackcpa
Connecting with Chris on LinkedIn: Chris McCormack CPA, MBA
Check out...2022-10-0639 min
Know Your Numbers REI with Chris McCormackThe Only Thing Every Investor Should be Evaluating with James StrattonJames Stratton is a I am a United States Air Force Retiree with over 30 years of small business experience as a Realtor, Project Manager, Mediator, Trainer and Public Speaker. He is the Creator of the Stratton Commercial Real Estate Index which helps investors make quick decisions on the value of a property.
Connect with James on LinkedIn: https://www.linkedin.com/in/jamesstevenstratton/
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For more information about tax savings and stewarding your financial situation, be sure to check out the Better Books website and connect with Chris directly
Website: betterbooksaccounting.co
CONNECT w...2022-09-1326 min
Know Your Numbers REI with Chris McCormackEpisode 87 - Enhance these Five Pillars for a Life Well LivedChris details his five pillars of a life well lived.
Thinking about starting a business? Check out our Better Books Business Launchpad - the tool you need to grow your vision into a sustainable vehicle.
https://betterbooksbusinesslaunchpad.thinkific.com/courses/BBBLP
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For more information about tax savings and stewarding your financial situation, be sure to check out the Better Books website and connect with Chris directly
Website: betterbooksaccounting.co CONNECT with Chris on LinkedIn: Chris McCormack CPA, MBA FOLLOW Chris on Instagram: @chrismccormackcpa FOLLOW Better Books on Instagram: @bett...2022-07-2617 min
Know Your Numbers REI with Chris McCormackPractice these 3 Principles for Financial HealthChris outlines three fundamentals to building lasting wealth.
Thinking about starting a business? Check out our Better Books Business Launchpad - the tool you need to grow your vision into a sustainable vehicle.
https://betterbooksbusinesslaunchpad.thinkific.com/courses/BBBLP
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For more information about tax savings and stewarding your financial situation, be sure to check out the Better Books website and connect with Chris directly
Website: betterbooksaccounting.co
CONNECT with Chris on LinkedIn: Chris McCormack CPA, MBA
FOLLOW Chris on Instagram: @chris_mccormack__
FOLLOW Better Books on Inst...2022-07-1220 min
Know Your Numbers REI with Chris McCormackHow to Navigate the Current Market with Captain Brian LaGrangeBrian (BK) Lagrange is a Captain the US Air Force. His current endeavors include commercial real estate sales and life insurance advisory and he shared his wisdom with the Know Your Numbers Audience.
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Thinking about starting a business? Check out our Better Books Business Launchpad - the tool you need to grow your vision into a sustainable vehicle.
https://betterbooksbusinesslaunchpad.thinkific.com/courses/BBBLP
Interested in the Benefits of Life Insurance? Find some time on Chris's calendar to see if it meets your needs:
https://calendly.com/chris-mccormackcpa/15...2022-06-2836 min
Know Your Numbers REI with Chris McCormackProtecting Yourself No Matter the Market - Real Estate Insurance Sales with Micah MattoxMicah Mattox is the Director of Commercial Insurance at RealProtect - an insurance agency focused on insuring your commercial and multifamily investments. He sat down with Chris to discuss the real estate market, the need for insurance and what investors should be aware of before purchasing insurance.
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Starting a business? Check out the Better Books Business Launchpad for everything you need to get up and running. In this 8 module course, we discuss all the steps, systems and process you should implement to avoid the costly mistakes of our past. Save yourself thousands in accounting and legal fee...2022-06-0727 min
Know Your Numbers REI with Chris McCormack3 Things to Do in Uncertain MarketsThe financial situation is uncertain - Chris outlines three things you can do to prepare and protect yourself from a downturn.
Thinking of starting a business? Check out the Better Books Business Launchpad for the systems and processes you need to set yourself up for success:
https://betterbooksbusinesslaunchpad.thinkific.com/courses/BBBLP
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FOLLOW Chris on Instagram: @chris_mccormack__
CONNECT on LinkedIn: Chris McCormack CPA, MBA
FOLLOW Chris on TikTok: @chris_mccormackcpa
VISIT the Better Books website: betterbooksaccounting.co2022-05-2523 min
Know Your Numbers REI with Chris McCormackHow to Raise Capital in the Middle of Nowhere with Julie HollyJulie is the founder and CEO of Three Keys Investment, host of the Conscious Investor Podcast and writer and speaker and teacher at JulieHolly.com She joined Chris on the Know Your Numbers Podcast to talk real estate, growth and development, seeking counsel and the art of persistence. To find out more about Julie, connect with her on LinkedIn Check out her webpage: julieholly.com
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For more information about tax savings and stewarding your financial situation, be sure to check out the Better Books website and connect with Chris directly Website: betterbooksaccounting.co
CONNECT wi...2022-05-1744 min
Know Your Numbers REI with Chris McCormackLaunching Your Business to Success with the Better Books Business LaunchpadThinking of starting a business? Or maybe you started but you're looking for greater accountability. Maybe you are up and running, with great growth in the future and are here to ensure you have the right systems and processes. THIS EPISODE IS FOR YOU
Chris and the Better Books team recently launched the Better Books Business Launchpad - a 7 module course delivering to you the steps and processes you need to start and grow your business.
In this episode you will learn more about the course and what can be gained from enrolling.
...2022-05-1119 min
Know Your Numbers REI with Chris McCormackDeuteronomy 8 - God of MultiplicationChris goes through Deuteronomy 8 to discuss the importance of remembering God in our wealth building journey.
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Better Books recently released an online course for the beginning business owner. The Better Books Business Launchpad will help you launch and grow your business with actionable steps.
Save yourself thousands in accounting and legal fees by enrolling today
https://betterbooksbusinesslaunchpad.thinkific.com/courses/BBBLP
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For more information about tax savings and stewarding your financial situation, be sure to check out the Better Books website and connect with Chris d...2022-05-0329 min
Know Your Numbers REI with Chris McCormackUsing Your Servant Heart to Provide for People's Financial Needs with Jon CofreJon Cofre is a wealth builder and financial representative with Forest Hills Financial Group. He helps people from all walks of life achieve their financial goals. He's also got quite the testimony!
Jon and Chris met over Zoom a few months back and immediately clicked. They soon came to find out they had a lot in common - faith, finance and fitness so Chris welcomed him on the show to share his vision.
Jon touches upon the importance of faith, what he's learned through athletics that he carries with him today and his WHY that dr...2022-04-2632 min
Know Your Numbers REI with Chris McCormackHow You Can Share Your Faith Through Business with Andrew KuntzmanAndrew is a Commercial and Multifamily Roofing Specialist and founder of Little Whale Investments. He's also quite the salesman. Andrew shares some of the pain and prosperity he has experienced in his walk with God in the business world.
He opens up about the importance of sharing God's word and your love for God in EVERYTHING you do.
Connect with Andrew on LinkedIn: https://www.linkedin.com/in/andrew-the-national-multifamily-and-commercial-roofer-and-investor/
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For more information about tax savings and stewarding your financial situation, be sure to check out the Better Books website and conn...2022-04-1132 min
Know Your Numbers REI with Chris McCormackHow You Can Live on Mission through Real Estate with Tony TorresTony is the Founder and Relationship Manager of Cor13 Capital, a real estate syndication focused on the commercial real estate industry.
Most importantly, Tony is a man of God.
In this episode Tony and Chris discuss Tony's faith journey, the importance of persistence and how we can use our businesses and social platforms to bring goodness to others.
Connect with Tony on LinkedIn: https://www.linkedin.com/in/anthonystorres/
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For more information about tax savings and stewarding your financial situation, be sure to check out the Better Books website an...2022-04-0533 min
Know Your Numbers REI with Chris McCormackFinancial Success vs. Financial Security - What's the Difference with Jonathan CookJonathan Cook is a Business Development Manger at Revolution Rental Management. He is also the host of a new podcast 'The Investing Revolution.'
If you're like me, you probably don't know what that means. So we talked to Jonathan about what he does and the value he provides.
Jonathan is your real estate data guy. He compiles and studies data so you have the information you need to grow your portfolio.
So what did we discuss? EVERYTHING. Jonathan talks about the importance of outsourcing and with that the importance of investing your...2022-03-2944 min
Know Your Numbers REI with Chris McCormackHow to EDIT YOUR LIFE with Tabatha PerryTabatha is the founder and CEO of Tabatha Perry Life Coach, Life Coaching for the non 9-5er. She is also the host of 'The Life Edit' Podcast - a podcast that combines faith with mindset shifts.
As a former social worker, Tabatha has seen and heard it all and she uses those experiences to help driven people manage the every day chaos of life. Whether you're an entrepreneur, a mother or someone looking for more, Tabatha is your girl!
Check out her website: https://tabathaperry.coach/podcast
And her podcast! https://tabathaperry.coach...2022-03-2527 min
Know Your Numbers REI with Chris McCormackGot Goals? You don't Want to Miss This - Goal Setting and Achieving with Chris FreemanChris Freeman is an investor, entrepreneur and sales professional based in Portland, OR. He is also the host of the High Tech Freedom Podcast. He brings a unique perspective as he works the W-2 and builds a real estate empire on the side.
We discuss the importance of sales, the benefit of making money and tying it all back to a journey. He's also got some great tips on goal setting and getting your kids involved!
Be sure to check out Chris's podcast 'High Tech Freedom Podcast' and the High Tech Freedom Website
2022-03-2227 min
Know Your Numbers REI with Chris McCormackNavigating Risk, Building Relationships and Providing Value with Adam RismanAdam Risman is a Commercial Risk Advisor with Risman Insurance Agencies. Being in a family owned business, Adam knows what it takes to be an entrepreneur. He's seen the generations before him operate and grow a small agency into a regional firm in 100 years time. He sat down with Chris to discuss the importance of relationships, navigating risk and some things to consider when going through a growth phase.
For more information on Adam, visit his LinkedIn page: https://www.linkedin.com/in/adam-risman-clcs-ba218172/
For more information on Risman Insurance Agencies, visit their webpage: https://www.rism...2022-03-1826 min
Know Your Numbers REI with Chris McCormackMultiFamily Expert Explains His Keys to SuccessBeau Beery is a Content Creator, Author and Multifamily Investor and Broker. He lives and invests in Florida and has a YouTube channel focused on helping you grow and understand your multifamily portfolio.
In this episode we discuss tips for beginning investors, the use of a house hack to get your foot in the door, providing value with little experience and so much more.
Beau has won a handful of awards in the real estate market. If you're interested in learning more from him or about him, check out his YouTube channel: BeauKnowsMultifamily
Bea...2022-03-1533 min
Know Your Numbers REI with Chris McCormackRidding the world of toxic leadership with Jeffrey CusterJeffrey Custer is the founder and CEO of Level Up Courses - a leadership development program focused on ridding the world of toxic leadership.
He and Chris talked about the leadership crisis that we find in the business world.
Even if you think you're a good leader I assure you there is something to learn from this conversation
We talked about how we can improve leadership, the importance of instilling good leadership skills in the younger generations and how we can discern good and bad leadership.
For more information on Jeff, chec...2022-03-1142 min
Know Your Numbers REI with Chris McCormackListen to this before Investing in Real Estate - Tax Strategies with Ryan BakkeRyan Bakke is a CPA and owner of MLS Consulting PLLC. He sat down with Chris to discuss the tax code and its use in real estate.
Check out Ryan on Twitter: @learnlikeaCPA
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For more information on tax savings, reach out to Chris and the team at Better Books
FOLLOW on Instagram: @chris_mccormack__
CONNECT on LinkedIn: Chris McCormack CPA, MBA
VISIT: betterbooksaccounting.co
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Apple: https://podcasts.apple.com/us/podcas...2022-03-0826 min
Know Your Numbers REI with Chris McCormackBuilding a Godly Business through Real Estate with Lee YoderLee is the founder and CEO of Threefold Real Estate Investing, a commercial real estate investing firm located in Cincinnati, OH investing all throughout the US.
He, however, does not have the most traditional path to real estate investor. Having started in the physical therapy field, he quickly realized there was more opportunity out there for him. He jumped ship and started working in corporate, soon to find out time was a limitation.
And this is where real estate investing was introduced.
Together, with his wife and business partners he has moved from fix...2022-03-0434 min
Know Your Numbers REI with Chris McCormackWhat Every Man Needs to Know - How to Master your Faith, Family, Fitness and Finances with Todd IsbernerTodd Isberner is a disciple maker and mentor of men who love Jesus.
As the author of 'What Every Man Needs to Know - How to Master Faith, Family, Fitness and Finances' he uses his life's journey to discuss the key topics that will lift a man into the prosperous life promised within the gospel
Outside of his authorship, Todd has served as a radio host fundraising for Christian ministries around the globe and is also creating a course for young men to take action steps to elevate their faith journey.
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For...2022-03-0136 min
Know Your Numbers REI with Chris McCormackShort on Cash? This guest will find you 100k in 45 minutesAdam Knihtila will find your business 100k in 45 minutes!
In a world of budgets and hyper expense cutting Adam takes a not so traditional approach to helping businesses approach their finances. With his experience in the accounting world - Adam helps clients have the tough conversations around raising prices, outstanding invoices and other processes that will increase cash flow!
He's also quite the content creator.
If you're struggling with your cash flow, or looking to increase your content, this episode is for you!
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For more information about tax savings...2022-02-2541 min
Know Your Numbers REI with Chris McCormackWealth Building In Your 20s with Clay HeplerClay is the Chief Wealth Strategist at Creative Capitalist - your financial freedom resource. He helps entrepreneurs and real estate investors create, protect and multiply their cash flow so they keep, control and amplify more their hard earned cash in ANY economy.
Clay's got an interesting journey - dropping out of college to help the family business grow to seven figures. During his time selling chocolates, he learned the importance of relationships and investing in yourself. He sat down with Chris to discuss his takeaways and how its helping him in his current venture. We talk: Real Esta...2022-02-2244 min
Know Your Numbers REI with Chris McCormackThe Beginner's Guide to Cryptocurrency with Brian NibleyBrian is a Freelance Cryptocurrency writer who's pieces have been featured on SoFi, Cointelli and Insider.
For anyone interested or confused by cryptocurrency this is a great place to start.
Brian details the makeup of Bitcoin, why he believes it to be a promising monetary option and what the beginning crypto investor and researcher should do.
Be sure to check out Brians pieces and if you're looking to do your own research on the subject here are a few resources Brian mentions
The Bitcoin Standard: https://www.amazon.com/Bitcoin-Standard-Decentralized-Alternative-Central/dp/1119473861
Satoshi Nakamoto Whitepaper: https://www.ussc.gov/sites/default/files...2022-02-1845 min
Know Your Numbers REI with Chris McCormackThe One Strategy Every Investor Needs to Use - Cost Seg with Yonah WeissYonah is the Cost Seg King! And a renowned LinkedIn Connector
On top of that, he runs his own podcast and has a wealth of knowledge in the content creation world.
If you're thinking about starting a podcast, this is the one for you! If you're looking for real estate tax savings, this one is for you! If you are looking to get started in the business world, this one is for you!
We discuss the importance of content creation, his key success factor to ALL business, and why real estate investors need to b...2022-02-1531 min
Know Your Numbers REI with Chris McCormackEpisode 61 - From Broadway to Multifamily - Your Backstage Guide to Real EstateDon't think real estate is for you? Think Again!
Matt Picheny is the owner of Picheny - your backstage guide to passive investing.
His journey to the real estate world is not the traditional one, which is why we loved having him on the show! Prior to investing in real estate Matt starred on Broadway, seeking out the arts and culture atmosphere of New York City.
After getting kicked out of his apartment, Matt found himself in need of a place to live. He stumbled across someone selling a unit in Manhattan and sold...2022-02-1134 min
Know Your Numbers REI with Chris McCormack5 Tricks to Get YOU out of Debt - Murray Beaulieu's Know Your NumbersMurray is THE Debt Buster. Having gone through life with a Keeping Up with the Jones's mentality, Murray decided enough was enough and took it upon himself to get out of debt.
He now finds himself DEBT FREE and in a position to help others.
What's great about Murray is his approach is totally replicable and does not require a strict budget or lack of vacation time.
Tune into this episode to find out more!
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Connect with Murray on LinkedIn: https://www.linkedin.com/in/murraybeaulieu/
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Know Your Numbers REI with Chris McCormackTax Free Living with Brad AbbottBrad Abbott is a former semi-professional basketball player who, after a life threatening industry, found himself in demand of life insurance.
From there he discovered how versatile this field was, especially for people looking for a tax free future.
In this episode he details why someone might consider life insurance over a traditional retirement of college funding account.
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Stressed about tax season? Better Books will serve all your tax needs.
Connect with Chris McCormack on LinkedIn, Instagram or through email and we'll get your running through tax season as a b...2022-02-0428 min
Know Your Numbers REI with Chris McCormackFrom 10,000 a year to 100,000 a month with KAYRKAYR is an investor, speaker, business strategist and life coach. He is the co-founder of KAYJAY Consulting, a real estate coaching platform focused on beginning investors.
In this episode, KAYR details some of his keys to success. How he overcame poverty and used the education system to set odds in his favor and what he believes every beginning investor needs to hear.
If you're interested in hearing more about KAYR and what he's got going on, check out his website kayjayconsulting.net
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Stressed about tax season? Better Books will serve all...2022-02-0133 minKnow Your Numbers REI with Chris McCormack$8 a week to Multifamily Millionaire...How Sandhya Seshadri created her own way in Real EstateSandhya Seshadri is a multifamily investor and syndicator at MultiFamily4You.com
Her path to wealth is not the most traditional - she came from a household income of $60 a month to owning large commercial real estate investments.
Sandhya details some of the mindset shifts and strategies she's learned through real estate investing
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If you enjoy this episode and would like to hear more like it, be sure to subscribe on all platforms
YouTube: https://www.youtube.com/channel/UCvisblLePw42lYk6z36XY-w
Spotify: https://open.spotif...2022-01-2530 min
Know Your Numbers REI with Chris McCormackWhat Every Accountant Needs to Hear with Earl Murray (Episode 55)Today's episode is with Earl Murray
Earl is THE Entrepreneur's Accountant - As the president of his own accounting and bookkeeping firm, Earl helps entrepreneurs and business owners grow their financial strength. Through accounting, bookkeeping and basic financial strategies, Earl has helped hundreds of clients grow their profits and their mission. In this episode we discuss the importance of a greater purpose, insights into entrepreneurship and why entrepreneurship is not for everyone.
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Be sure to check out Earl's webpage: https://www.theentrepreneursaccountants.com
And follow him on all things social
2022-01-2136 min
Know Your Numbers REI with Chris McCormackBattling the Great Resignation with Frank Castillo (Episode 54)Frank is an accountant by birth! Don't go running so soon.
He's got an electric personality and an even greater perspective
He shared his struggles with the accounting profession, one that fosters an environment of grind and opens the door for burnout. He shared his insights into the importance of meaningful work and what we can do to avoid burnout.
Today's topics include:
The need for balance
Machine Learning and AI's effect on the accounting industry
Generational Differences in the workplace
And so much more
Be sure to check out Fran...2022-01-1832 minKnow Your Numbers REI with Chris McCormackEpisode 52 - What does the Bible say about Productivity?Really Chris? Is this appropriate? YES!
For far too long we've gotten this scripture wrong. We associate it with having and raising kids. Yes, that's admirable and encouraged but what if God was calling us to something else?
In today's Know Your Numbers Episode, Chris details what he believes God was calling us to do when he said 'Be Fruitful and Multiply'
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If you enjoy this show and would like to hear more like it, be sure to subscribe, like and review so we can reach a larger audience just...2022-01-1131 minKnow Your Numbers REI with Chris McCormackEpisode 47 - Is Wealth Building Spiritual?Last week we discussed the 7 Wealth Building Principles of the Bible. Today we look at whether or not wealth building is spiritual.
Building wealth and participating in the economy is in part a spiritual endeavor in the fact that it requires relationship with your fellow man. In this episode Chris details the spirituality aspect of the marketplace and the requirement for faith.
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Better Books is your one stop shop accounting and bookkeeping. Should you need more financial organization, should you be looking for a remote CFO or just need some more accountability...2021-12-1629 minKnow Your Numbers REI with Chris McCormackEpisode 46 - 7 Wealth Building Principles of the BibleChris details 7 wealth building principles of the Bible.
Money is the most talked about subject in the Word of God. People estimate upwards of 800-1000 references of money alone! God wants us to understand money and for good reason, it can be one of the biggest determinants from reaching your God given purpose and abilities.
In today's episode we discuss 7 key principles of building wealth in the Bible. While it would be near impossible to get everything God says about money into an episode, we outline our favorites here:
1. Give
2. Emergency...2021-12-0848 min
Know Your Numbers REI with Chris McCormackEpisode 43 - Sub 3 hour marathonOver the weekend, Chris participated in the Manchester City Marathon and posted a time of 2:59:24. This time was enough to qualify for Chris's home city marathon The Boston Marathon. While the accomplishment was great, he has some key takeaways that will help others run the race they set out for.
Key Points:
Pace Yourself
Run Your Race
Confidence and Humility
God's Grace
If you enjoy the show, be sure to leave us a rating and review. If you are new here and got value, be sure to share it with a friend. It helps in...2021-11-0926 minKnow Your Numbers REI with Chris McCormackEpisode 42 - Why We RunChris continues the topic of endurance with a discussion on running. Be it increased creativity or ease of progress tracking, running is a great way to get and stay in shape and cultivate the mind while doing so.
Topics include
Increased Creativity / Mediation
Social Opportunity - Run and Grub Running Club
Tracking Progress - Increasing Distance and Speed
Low Cost of Entry
Opportunity to get Outside
Be sure to subscribe to the show and provide your feedback. If you like the show, share it with a friend and leave us a five star rating and re...2021-11-0229 minKnow Your Numbers REI with Chris McCormackEpisode 41 - IronMan RecapChris discusses his biggest takeaways from this weekend's IronMan event.
Chris competed in IronMan Waco and finished with a time of 10:51:03, good for 4th in his age group and 29th overall.
In this week's podcast he discusses a few of his biggest takeaways from the race and the months that led up to it.
Please enjoy.
For more details on Chris, connect on social media
Instagram: @chris_mccormack__
Facebook: Chris McCormack
LinkedIn: Chris McCormack CPA, MBA2021-10-2731 minKnow Your Numbers REI with Chris McCormackEpisode 40 - Today's Dangerous WorldWhat is the cost of striving for ultimate safety? Chris dives into our need for safety and security and why it may be leading us down a harmful path
The definition of safety
Evolutionary instincts guiding our behaviors
The need for personal responsibility.
If you enjoy this episode and would like to hear more of it, leave us a rating and review. If you have a topic you would like to hear discussed be sure to reach out on all platforms
LinkedIn: Chris McCormack CPA, MBA
Facebook: Chris McCormack
Instagram: @chris...2021-10-1823 minKnow Your Numbers REI with Chris McCormackEpisode 39 - The Need for Self-LeadershipChris runs a solo episode and discusses the importance and necessity of self-leadership.
We live in some crazy times and good leaders are needed more than ever. These are some of the qualities that stick out as integral to being a good leader.
Topics discussed:
Accountability
Honesty
Patience
Humility
If you got value from this please leave a rating and review and be sure to share it with a friend.
Connect with Chris on social media:
Instagram: @chris_mccormack__
LinkedIn: Chris McCormack CPA, MBA
Facebook...2021-10-0525 min
Know Your Numbers REI with Chris McCormackEpisode 37 - James PatrickJames Patrick is a police officer, ultramarathon runner and husband to be. He and I connected after he posted a picture of himself finishing a 46 mile race in a shared Facebook Group. Running that race alone catches my attention but what really got me is the fact it came after a recovery from a neck and back injury that put him out for 7+ months.
In this episode we discuss:
James's motocross injury
His battle with Cancer
His love for running - where it started, what it does
His mindset
His profession as a police officer
...2021-09-2133 minKnow Your Numbers REI with Chris McCormackEpisode 36 - The Power of DecisionsChris dives into the power of decision making. This discussion is based off Tony Robbins' book 'Awaken the Giant Within'
The three decisions that control your destiny
How to make better decisions
Learn from your decisions
Enjoy making decisions
If you like this episode and want to hear more like it, be sure to leave a rating and review. If you have suggestions on what we can do to improve the show, reach out to Chris directly
Instagram: @chris_mccormack__
LinkedIn: Chris McCormack CPA, MBA
Facebook: Chris McCormack2021-09-1429 min
Know Your Numbers REI with Chris McCormackEpisode 35 - Connor MannConnor Mann is a project engineer in construction out of Iowa. Born a committed worker, he quickly realized he was dedicating all his time and efforts to work at the expense of his health and wellness.
Through the help of his brother, and many others, he was inspired to make a change in June of 2020 and in August 2021 he completed an IronMan Triathlon. He shared his story in today's episode.
Topics Covered:
Do the possible
If not now, when
Leading Others
Focus on Today
The Importance of Joy
Follow Connor on Instagram: @c_ma...2021-09-0738 minKnow Your Numbers REI with Chris McCormackSeason 2, Episode 8 - 2 Months from IronMan WacoChris details 5 things he has learned in his training thus far and takes you through the thought process that has come up in recent weeks.
The 5 things:
Commit to Something
Focus in the Present
You can't please everyone
Growth in one area leads to growth in another
Seek Counsel
If you got something out of it, please leave a rating and review, it helps get more people listening to the show.
Be sure to connect with Chris on Social Media:
Instagram...2021-08-2427 minKnow Your Numbers REI with Chris McCormackSeason 2, Episode 7 - PatienceChris takes back the mic and releases a solo episode on patience.
Galatians 6:9 - Do not grow weary in doing good, for in due season we will reap if we do not give up.
Topics Covered:
Patience
Persistence
Avoiding Complacency
If you got something out of the episode, be sure to leave a rating and review. If you have any interest in joining Chris for a conversation reach out to him on social!
LinkedIn: Chris McCormack CPA, MBA
Instagram: @chris_mccormack__
...2021-08-1720 min
Know Your Numbers REI with Chris McCormackSeason 2, Episode 6 - Marc FeinbergMarc is a businessman, author and executive coach. After 20+ years in the produce business he went off on his own, coaching personalities to the tune of 4x heavyweight boxer Evander Holyfield and professional golf legend Robert Karlsson. Tune in to find out who he's looking to coach next, you might be surprised.
Topics Covered:
Beliefs, Limiting Beliefs and Finding Meaning
Overcoming Addiction
Marc's run in with Whitney Houston
And so much more!
Marc has gifted a free copy of his book 'The Wisdom Journal' to all listeners. F...2021-08-1038 min