More Money in Your Pocket
Real Estate Agents don’t understand the tax part of their business. They are losing the tax game with every transaction and it is costing them money. Join Jeff Hockett weekly to learn the tax rules, basic and advanced strategies, and the basics of running a business so you can keep more money in your pocket and pay as little in taxes as legally required. If you are new to real estate, have been there a long time, or are thinking of becoming a real estate agent, this podcast is for you.
- Update frequency
- every 7 days
- Average duration
- 14 minutes
- Episodes
- 108
- Years Active
- 2022 - 2024
John Ensley on Investments
In this episode, we dive deep into:
- Planning for retirement: transitioning from accumulation to distribution
- Understanding Roth conversions and their tax implications
- Diversifying investments to manage…
What you should do before the end of the year
In this episode, we dive deep into:
- End-of-year strategies to maximize tax savings
- Hiring your kids to save on taxes
- Benefits of health savings accounts and Roth IRAs
- Avoiding common tax penalties and m…
IRS and State Letters
In this episode, we dive deep into:
- Understanding payroll tax letters and deposit schedules
- Recognizing the importance of S Corporation election letters
- Navigating adjustment, audit, and penalty letter…
Do you have IRS letters?
In this episode, we dive deep into:
- The importance of opening IRS letters
- How IRS systems generate letters and common issues
- Understanding stimulus payments, tax credits, and payment adjustments
- Why tim…
What are your Luxuries?
In this episode, we dive deep into:
- The value of time and how to use it wisely
- Prioritizing health as a business owner
- Creating a quiet mind to reduce stress and anxiety
- Embracing travel and meaningful …
How much do you make per hour?
In this episode, we dive deep into:
- Determining your true hourly rate as a business owner
- Tracking time and tasks for effective management
- Understanding the impact of admin tasks on profitability
- Levera…
Do you work for free?
In this episode, we dive deep into:
- Knowing your value and setting boundaries with clients
- Tracking expenses to understand profitability
- Recognizing the true costs of "free" consultations
- The importance…
What does the future hold?
In this episode, we dive deep into:
- Overcoming fears in business and personal growth
- Recognizing the impact of daily habits on success
- The risks of relying on bad advice
- Understanding the P&L as the lif…
Building Wealth Part 2
In this episode, we dive deep into:
- Roth IRA conversions and tax strategies
- Building wealth through rental properties and 1031 exchanges
- Understanding depreciation and its tax benefits
- Long-term plannin…
Building Wealth Part 1
In this episode, we dive deep into:
- Long-term planning for retirement
- The benefits of Roth IRA vs. Traditional IRA
- Tax planning for retirement income
- Using a Health Savings Account (HSA) for future medi…
Are you ready for the 4th quarter?
In this episode, we dive deep into:
- Preparing for the fourth quarter of your business
- The importance of tracking net income vs. gross income
- Understanding when to switch to an S Corporation
- How to save …
How to complete a w9
In this episode, we dive deep into:
- Understanding the W9 form for business owners
- The distinction between being self-employed and employed
- Steps to correctly complete a W9 form
- Importance of using an EI…
Mark Cannon: Why staying consistent is important
In this episode, we dive deep into:
- Building consistency in bookkeeping
- Understanding profit and loss for business success
- The importance of staying engaged in your finances
- The power of referrals in re…
5 things you need to quit
In this episode, we dive deep into:
- Five things to quit for business success
- Embracing change in business
- Letting go of overthinking
- Managing client expectations
- The impact of tax planning
"Our minds are …
Learn what you can control
In this episode, we dive deep into:
- Controlling what we can't control
- Managing perceptions and actions
- Dealing with change and people's beliefs
- Focusing on controllable factors
- Tax planning and taking co…
80/20 Rule
In this episode, we dive deep into:
- Labor day reflections and business ownership challenges
- The 80/20 rule in health and exercise
- Setting boundaries and work-life balance
- Achieving goals and persistence
- …
Tilden Moschetti: How to buy Commercial Real Estate
In our latest episode, join host Jeff Hockett and guest Tilden Moschetti as they delve deep into the intricacies of real estate syndication, discussing:
- Tax strategies in real estate
- Understanding Regu…
Making Money
In this episode, we dive deep into:
- Tax rules and savings opportunities
- Navigating offers in compromise with the IRS
- Financial missteps of business owners
- Tax liabilities for W2 vs. business owners
"Under…
Understand Capital Gains
In this episode, we dive deep into:
- The differences between short-term and long-term capital gains across various assets
- Common misunderstandings about tax exemptions for personal and rental properties
- …
Does Depreciation help?
In this episode, we dive deep into:
- Understanding 179 depreciation
- Maximizing real estate tax benefits
- Debating cost segregation
- Customized financial planning and tax strategies
"Effective tax strategy is…