Join John Skabelund as he discusses how both realtors and real estate professionals can maximize their tax benefits by avoiding these common mistakes with his guest, co-founder of Alchemy of Money, Brandon Green.

Alchemy of Money was founded by Brandon Green, a respected leader with a long career in real estate, and Shane Feldman, a celebrated entrepreneur known for building high-performing organizations around the world. Together, they saw a gap no one was addressing and created a tech-enabled financial services company that blends expert bookkeeping, tailored tax strategy, and modern systems with the lived experience of founders who truly understand the industry.

What began as a solution for their own ecosystem has evolved into a trusted partner for hundreds of real estate professionals across the country.

In this episode, they explore the unique challenges faced by realtors, the importance of bookkeeping, and the need for specialized tax strategies.

SHOW NOTES:

00:00 - Intro.

04:29 - Unique Tax Challenges for Real Estate Professionals.

10:38 - Disrupting Traditional Accounting Practices.

12:53 - The Importance of Specialization in Tax Strategy.

13:42 - Tools and Strategies for Real Estate Professionals.

18:00 - Common Mistakes in Tax Strategies.

22:30 - The Importance of Bookkeeping.

25:51 - Current Changes in Tax Law.

28:57 - Closing Statements.

Follow John Skabelund:

Websites: https://skabelund.com/, https://ultimateassetprotection.com/

Follow Brandon Green:

Website: www.alchemyofmoney.co

DISCLAIMER:

This content is legal information only and not legal advice. Listening or viewing this content does not create an attorney client relationship. Mr. Skabelund is admitted to practice law in Arizona, and he may be reached at UltimateAssetProtection.com.

Join John Skabelund as he discusses the critical role of bookkeeping in asset protection and tax strategy with his guest, Bryan Nelson.

Bryan Nelson is a Senior Accounting Advisor and Enrolled Agent with over 20 years of experience working in accounting firms. He and his family run a virtual bookkeeping firm, Real Accounting, which is dedicated to helping small businesses gain clarity and control over their finances.

In this episode, they explore various bookkeeping systems, the importance of hiring a professional bookkeeper, and how to evaluate potential bookkeepers. The conversation emphasizes the need for accurate financial records to ensure compliance and maximize tax deductions, as well as the collaborative relationship between bookkeepers and tax preparers. Bryan shares insights on onboarding a bookkeeper and the benefits of maintaining well-organized financial records.

SHOW NOTES:

00:00 - Introduction to Asset Protection and Bookkeeping.

03:51 - Understanding Bookkeeping and Its Importance.

06:43 - Choosing the Right Bookkeeping System.

08:58 - When to Hire a Professional Bookkeeper.

10:02 - Evaluating Bookkeepers: Finding the Right Fit.

12:54 - The Role of Bookkeepers in Tax Preparation.

19:50 - Onboarding a Bookkeeper: What to Expect.

22:30 - Final Thoughts on Bookkeeping and Asset Protection.

24:27 - Closing Statements.

Follow Bryan Nelson:

Website: https://realaccountingteam.com/

Follow John Skabelund:

Websites: https://skabelund.com/, https://ultimateassetprotection.com/

DISCLAIMER:

This content is legal information only and not legal advice. Listening or viewing this content does not create an attorney client relationship. Mr. Skabelund is admitted to practice law in Arizona, and he may be reached at UltimateAssetProtection.com.

Join John Skabelund as he explores the combination of private planes and asset protection, its many tax benefits and the trend of fractional ownership with aviation tax compliance specialist, Daniel Cheung. In this episode, learn everything from the most common mistakes, tax advantages from the Big Beautiful Bill, to financing and filing deadlines.

Daniel Cheung is the principal and co-founder of Aviation Tax Consultants, LLC. He is a certified public accountant who specializes in aviation tax compliance matters.

John Skabelund is an experienced and nationally recognized attorney with extensive experience protecting client's assets throughout the United States. His clientele spans real estate investors, business owners, executives, and professionals in various fields, including medicine, law, sports, and technology. John skillfully creates comprehensive estate plans tailored to each client's unique needs, ensuring their legacy can be preserved for generations. He also has represented clients in the buying and selling of businesses across a multitude of industries.

SHOW NOTES:

00:00 - Intro.

02:08 - Nature of Depreciating Your Plane & Its Higher Risk of Audits.

05:43 - Tax Advantages of Purchasing an Aircraft via The Big Beautiful Bill.

08:10 - Sales Tax.

11:56 - Timing is Critical: Filing Deadlines, Inspections, Closing.

14:05 - Financing & Deductible Expenses.

18:25 - Property Tax Rules & Interstate Transactions.

22:06 - How to Shield Yourself from Audits.

26:09 - Factional Ownership Per Entity & Hobby Loss Rules.

29:38 - Tax Implications of New vs. Used.

30:15 - Examples of Common Bonus & Tax Savings.

33:10 - Common Mistakes That Will Cost You.

35:45 - Overseas Travel.

37:08 - 1031 Exchange & Tax Deferral.

38:53 - Closing Statements.

For more information:

Websites: https://skabelund.com/, https://ultimateassetprotection.com/

DISCLAIMER:

This content is legal information only and not legal advice. Listening or viewing this content does not create an attorney client relationship. Mr. Skabelund is admitted to practice law in Arizona, and he may be reached at UltimateAssetProtection.com.

Join John Skabelund for the final installment of this series focusing on the top questions real estate investors have about LLC operating agreements and property ownership. In this episode, explore what an LLC operating agreement is, why not all are created equal, how your LLC impacts your taxes, and which entity protects you most.

John Skabelund is an experienced and nationally recognized attorney with extensive experience protecting client's assets throughout the United States. His clientele spans real estate investors, business owners, executives, and professionals in various fields, including medicine, law, sports, and technology. John skillfully creates comprehensive estate plans tailored to each client's unique needs, ensuring their legacy can be preserved for generations. He also has represented clients in the buying and selling of businesses across a multitude of industries.

SHOW NOTES:

00:00 - Intro.

01:05 - Operating Agreements: What are they?

02:48 - Not all operating agreements are created equal.

05:05 - Poison Pills in the LLC Operating Agreement.

07:04 - Single Member LLC vs. Multi-Member LLC.

10:21 - LLC & Taxes.

13:39 - Closing Statements.

Looking for more of John Skabelund?

Websites: https://skabelund.com/, https://ultimateassetprotection.com/

DISCLAIMER:

This content is legal information only and not legal advice. Listening or viewing this content does not create an attorney client relationship. Mr. Skabelund is admitted to practice law in Arizona, and he may be reached at UltimateAssetProtection.com.