Know Your Numbers

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 advant...

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...

In 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 unrave...

Are 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 i...

In 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. Do...

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 provi...

Considering 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 investo...

In 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,...

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 incom...

In this episode, we'll be discussing the five Internal Revenue Service Incentivized Areas that taxpayers can take advantage of. Join us as we unravel the potential opportunities and advantages that these programs offer. These areas include Real Estate, Business, Technology, Environment, and Charity. Our host will provide insights on how these programs work and offer tips on how to maximize you...

Chris discusses the concept of profit first and what it can do to your business if you're willing to implement it.

Chris talks about the costs and benefits of setting up an LLC is a state that allows corporate anonymity. He answers the questions of what is corporate anonymity, why people do it and what to look out for. He also discusses the coming changes in regulation that will forever change the way these entities work. Concerned about the amount you pay in tax? Fill out our pre-screening questionnaire to se...

Join Chris as he breaks down the different entity structures and why they matter to your real estate business. Concerned about the amount you pay in tax? Fill out our pre-screening questionnaire to see if you're a good fit to work with our tax professionals Form: https://forms.gle/kTtZS3ZqAXGdvvCY8 And visit our website: www.betterbooksaccounting.co

In this episode, Chris discusses the five main reasons you're overpaying the government. Concerned about the amount you pay in tax? Fill out our pre-screening questionnaire to see if you're a good fit to work with our tax professionals Form: https://forms.gle/kTtZS3ZqAXGdvvCY8 And visit our website: www.betterbooksaccounting.co

In this episode, Chris discusses what tax planning is and why every real estate investor should be doing it. Concerned about the amount you pay in tax? Fill out our pre-screening questionnaire to see if you're a good fit to work with our tax professionals Form: https://forms.gle/kTtZS3ZqAXGdvvCY8 And visit our website: www.betterbooksaccounting.co

Matt 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.lin...

Flint 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/ ---- For more Content with Chris McCormack and the Better Books team: Follow Chris on Instagr...

Ted 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, Ki...

Brock 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/ --- For more Content with Chris McCormack and the...

Don 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...

Daniel 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.link...

Mills Bender is the founder and owner of Mills Knows Bills - a financial consulting firm helping you pay off debt, stop living paycheck to paycheck and reach your financial goals.  Check out Mills on Instagram: @millsknowsbills  Check out Mills' webpage: https://millsknowsbills.com/ --- Follow Chris on Instagram: @chrismccormackcpa Connecting with Chris on LinkedIn: Chris McCormack CPA,...

Carl Grande is the founder and CEO of Grand Capital Management, a financial management firm focused on helping families and business owners integrate their values and their finances. "Financial Integrity" as I refer to it, is simply the way someone aligns their values to their financial goals and objectives. We make sure there is congruency between a person’s values, and the outcome their finances...

James 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/ --...

Mitch is the Co-Founder of Ten27 Group - a Real Estate Private Equity investment and development firm focused on the Midwest and Sun Belt markets. Mithc and his brother are focused on serving God first and doing good for our investors, tenants and communities by achieving strong financial results and creating prime living and working spaces.  He sat down with Chris to discuss his real estate...