Capital Hacking

In this exciting episode of Capital Hacking, we bring you a rebroadcast featuring the incredible Mike Pine, a passionate CPA who has a unique perspective on the tax code. Mike believes that the tax code is not a burden but rather a "yellow brick road" to wealth, filled with incentives for entrepreneurs and investors. Mike shares his journey from being a reluctant CPA to discovering the beauty of tax strategy. He emphasizes that many CPAs focus solely on tax preparation, missing out on the strategic opportunities available within the tax code. He explains concepts like bonus depreciation and cost segregation, illustrating how these strategies can significantly impact cash flow and wealth accumulation. This episode is packed with valuable information and is a must-listen for anyone looking to enhance their financial strategies through the tax code.00:00:46 - Introduction of Mike Pine Ultimate Show Notes: * 00:01:19 - Discussion on tax code as a path to wealth * 00:02:45 - Mike Pine's background and passion for tax code * 00:04:27 - The purpose of the tax code and its incentives * 00:05:00 - Mike's journey from accounting to tax strategy * 00:08:03 - The importance of understanding tax incentives * 00:08:43 - Explanation of bonus depreciation * 00:12:35 - Example of bonus depreciation with a taxi cab * 00:15:15 - The impact of tax savings on wealth accumulation * 00:18:51 - Introduction to cost segregation * 00:19:17 - Explanation of cost segregation and its benefits * 00:22:08 - Discussion on the importance of tax strategy * 00:25:27 - Upcoming debate on real estate in IRAs * 00:30:11 - Recommended resources for tax strategy * 00:32:27 - How to reach Mike Pine for consultations Connect with Mike on Social: LinkedIn: https://www.linkedin.com/company/revo-taxpayer-advocacy/ [https://www.linkedin.com/company/revo-taxpayer-advocacy/]   Turn your unique talent into capital and achieve the life you were destined to live. Join our community! We believe that Capital is more than just Cash. In fact, Human Capital always comes first before the accumulation of Financial Capital. We explore the best, most efficient, high-integrity ways of raising capital (Human & Financial). We want our listeners to use their personal human capital to empower the growth of their financial capital. Together we are stronger. Linkedin [https://www.linkedin.com/company/capitalhacking/] Facebook [https://www.facebook.com/CapitalHacking/] Instagram [https://www.instagram.com/capitalhacking/] Apple Podcast [https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&ved=2ahUKEwiPpc7xyoSBAxV7rokEHYWLAMQQFnoECA4QAQ&url=https%3A%2F%2Fpodcasts.apple.com%2Fus%2Fpodcast%2Fcapital-hacking%2Fid1453040812&usg=AOvVaw1mPnXDZQK9gnsPSLifUOEZ&opi=89978449] Spotify [https://open.spotify.com/show/6vJMgyMxblKchtk60lnY5X]

In this engaging conversation, Josh McCallen and John Edwin discuss their personal and professional growth through the lens of their chosen words for the year. They explore the concept of abundance, the importance of family involvement in business, and the necessity of prioritizing health through preventative measures. The dialogue emphasizes the significance of time spent with loved ones and finding joy in fitness and challenges, encouraging listeners to reflect on their own lives and set intentions for growth. Ultimate Show Notes: 00:00:44 - Discussion on the word of the year and personal updates 00:01:31 - Sharing the word "abundance" and its significance for the year 00:02:26 - Examples of how the word abundance influenced family decisions 00:05:20 - Engaging children in work at the family resort and building relationships 00:10:01 - The impact of family involvement on business culture and operations 00:19:57 - Emphasis on finding enjoyable physical activities for health Turn your unique talent into capital and achieve the life you were destined to live. Join our community! We believe that Capital is more than just Cash. In fact, Human Capital always comes first before the accumulation of Financial Capital. We explore the best, most efficient, high-integrity ways of raising capital (Human & Financial). We want our listeners to use their personal human capital to empower the growth of their financial capital. Together we are stronger. Linkedin [https://www.linkedin.com/company/capitalhacking/] Facebook [https://www.facebook.com/CapitalHacking/] Instagram [https://www.instagram.com/capitalhacking/] Apple Podcast [https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&ved=2ahUKEwiPpc7xyoSBAxV7rokEHYWLAMQQFnoECA4QAQ&url=https%3A%2F%2Fpodcasts.apple.com%2Fus%2Fpodcast%2Fcapital-hacking%2Fid1453040812&usg=AOvVaw1mPnXDZQK9gnsPSLifUOEZ&opi=89978449] Spotify [https://open.spotify.com/show/6vJMgyMxblKchtk60lnY5X]

In this engaging conversation, Fred Hubler shares his insights on alternative investments, the importance of authenticity, and the concept of retainer-based planning. He discusses his journey towards success, emphasizing the need for contrarian thinking and taking massive action. The discussion also touches on the significance of timing in business and the role of education in providing access to investment opportunities. Fred's personal anecdotes and experiences provide valuable lessons for listeners looking to navigate the financial landscape. Ultimate Show Notes: 00:00:38 - Welcoming Fred Hubler 00:01:09 - The Importance of Sharing 00:01:51 - Understanding Moonshots 00:02:50 - Fred Hubler's Background 00:03:05 - The Value of Alternative Investments 00:04:51 - The Birth of Retainer-Based Planning 00:06:38 - The Hockey Stick Moment 00:08:19 - The Three Steps to a Moonshot 00:16:27 - Real-Life Examples of Contrarian Thinking 00:19:23 - The Shift in 2023 00:22:20 - The Role of Education and Awareness 00:25:37 - The Impact of Personal Connections Connect with Fred: Fred Hubler [https://www.forbes.com/sites/fredhubler/] Creative Capital [https://ccwmg.com/] Turn your unique talent into capital and achieve the life you were destined to live. Join our community! We believe that Capital is more than just Cash. In fact, Human Capital always comes first before the accumulation of Financial Capital. We explore the best, most efficient, high-integrity ways of raising capital (Human & Financial). We want our listeners to use their personal human capital to empower the growth of their financial capital. Together we are stronger. Linkedin [https://www.linkedin.com/company/capitalhacking/] Facebook [https://www.facebook.com/CapitalHacking/] Instagram [https://www.instagram.com/capitalhacking/] Apple Podcast [https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&ved=2ahUKEwiPpc7xyoSBAxV7rokEHYWLAMQQFnoECA4QAQ&url=https%3A%2F%2Fpodcasts.apple.com%2Fus%2Fpodcast%2Fcapital-hacking%2Fid1453040812&usg=AOvVaw1mPnXDZQK9gnsPSLifUOEZ&opi=89978449] Spotify [https://open.spotify.com/show/6vJMgyMxblKchtk60lnY5X]

In this episode of Capital Hacking, we welcome back our friend Matt Faircloth for his fourth appearance. We start with some light banter about fitness routines before diving into a deep discussion on the current real estate market. Matt shares his insights on the challenges facing multifamily properties, particularly the affordability crisis, and explains why he's pivoting to hotel investments, which offer higher cap rates and better cash flow opportunities. He emphasizes the importance of understanding cap rates as a measure of risk and discusses his strategy of selling multifamily assets to reinvest in hotels through 1031 exchanges. This episode is packed with valuable insights for real estate investors looking to adapt to changing market conditions. Don't forget to subscribe, share, and check out Matt's book, "How to Raise Private Capital," for more in-depth knowledge! Ultimate Show Notes: 00:01:00 - Matt Faircloth's Journey and Focus on Hotels 00:02:05 - Casual Conversation and Personal Updates 00:06:49 - Introduction of Matt Faircloth and His Background 00:15:28 - Current Real Estate Market Trends 00:20:00 - The Concept of "No Juice Left in the Lemon" 00:22:02 - Transitioning from Multifamily to Hotels 00:31:06 - Current Hotel Investments and Strategy Connect with Matt: DeRosa Group | Transforming Lives Through Real Estate® [https://www.derosagroup.com/] https://www.linkedin.com/company/derosagroup/ [https://www.linkedin.com/company/derosagroup/] Turn your unique talent into capital and achieve the life you were destined to live. Join our community! We believe that Capital is more than just Cash. In fact, Human Capital always comes first before the accumulation of Financial Capital. We explore the best, most efficient, high-integrity ways of raising capital (Human & Financial). We want our listeners to use their personal human capital to empower the growth of their financial capital. Together we are stronger. Linkedin [https://www.linkedin.com/company/capitalhacking/] Facebook [https://www.facebook.com/CapitalHacking/] Instagram [https://www.instagram.com/capitalhacking/] Apple Podcast [https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&ved=2ahUKEwiPpc7xyoSBAxV7rokEHYWLAMQQFnoECA4QAQ&url=https%3A%2F%2Fpodcasts.apple.com%2Fus%2Fpodcast%2Fcapital-hacking%2Fid1453040812&usg=AOvVaw1mPnXDZQK9gnsPSLifUOEZ&opi=89978449] Spotify [https://open.spotify.com/show/6vJMgyMxblKchtk60lnY5X]

In this episode of Capital Hacking, we interview Jim Henrie, a principal at Novo Media Group, who shares his journey from real estate development to the entertainment industry. Jim discusses the parallels between financing in real estate and film production, emphasizing the importance of creating family-friendly content that entertains, elevates, and educates. We dive into Jim's recent film, "Monster Summer," featuring stars like Mel Gibson and Kevin James, and explore the challenges of financing and distribution in today's market. Jim also shares insights on working with his sons, David and Lorenzo, and their commitment to producing meaningful content aligned with their values. Join us for this engaging conversation that highlights the intersection of real estate and entertainment, and learn how Jim and his family are making a positive impact in the film industry! Ultimate Show Notes: 00:00:45 - Excitement about the interview with Jim Henrie from Novo Media Group 00:01:40 - Jim Henrie's background in real estate and transition to media 00:02:29 – Jim introduces himself and his company 00:03:03 - Discussion of Jim's sons and their careers in acting 00:04:29 - Jim's journey into real estate development 00:05:40 - Comparison between real estate development and the entertainment industry 00:09:44 - The importance of family-friendly content in entertainment 00:11:51 - Discussion on the movie "Monster Summer" and its themes 00:18:18 - The moral compass in Hollywood and the type of content they want to produce Connect with Jim: https://www.novomediagroup.com/team [https://www.novomediagroup.com/team] james@novomediagroup.com 818-422-1972  Turn your unique talent into capital and achieve the life you were destined to live. Join our community! We believe that Capital is more than just Cash. In fact, Human Capital always comes first before the accumulation of Financial Capital. We explore the best, most efficient, high-integrity ways of raising capital (Human & Financial). We want our listeners to use their personal human capital to empower the growth of their financial capital. Together we are stronger. Linkedin [https://www.linkedin.com/company/capitalhacking/] Facebook [https://www.facebook.com/CapitalHacking/] Instagram [https://www.instagram.com/capitalhacking/] Apple Podcast [https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&ved=2ahUKEwiPpc7xyoSBAxV7rokEHYWLAMQQFnoECA4QAQ&url=https%3A%2F%2Fpodcasts.apple.com%2Fus%2Fpodcast%2Fcapital-hacking%2Fid1453040812&usg=AOvVaw1mPnXDZQK9gnsPSLifUOEZ&opi=89978449] Spotify [https://open.spotify.com/show/6vJMgyMxblKchtk60lnY5X]