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469. Unlocking the STR Tax Loophole with Amanda Han, CPA · Thanks For Visiting

0:57
Sarah Karakaian: Hello.
0:58
Sarah Karakaian: Welcome
0:58
Sarah Karakaian: back
0:59
Sarah Karakaian: to
0:59
Sarah Karakaian: another
0:59
Sarah Karakaian: great
0:59
Sarah Karakaian: episode.
1:00
Sarah Karakaian: My
1:00
Sarah Karakaian: name
1:01
Sarah Karakaian: is
1:01
Sarah Karakaian: Sarah
1:02
Sarah Karakaian: Karakaian.
1:02
Annette Grant: I'm
1:03
Annette Grant: Annette
1:03
Annette Grant: Grant,
1:03
Annette Grant: and
1:03
Annette Grant: together
1:03
Annette Grant: we
1:04
Annette Grant: are
1:04
Annette Grant: Thanks
1:05
Annette Grant: for
1:05
Annette Grant: Visiting.
1:05
Sarah Karakaian: Let's
1:06
Sarah Karakaian: start
1:06
Sarah Karakaian: this
1:06
Sarah Karakaian: episode
1:06
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1:07
Sarah Karakaian: we
1:07
Sarah Karakaian: do
1:07
Sarah Karakaian: each
1:07
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1:08
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1:08
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1:08
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1:09
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1:09
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1:10
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1:11
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1:12
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1:12
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1:12
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1:14
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1:15
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1:16
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1:16
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1:17
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1:17
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1:18
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1:18
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1:18
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1:19
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1:19
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1:20
Sarah Karakaian: every
1:20
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1:21
Sarah Karakaian: Annette,
1:21
Sarah Karakaian: who
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Sarah Karakaian: are
1:21
Sarah Karakaian: we
1:21
Sarah Karakaian: sharing
1:22
Sarah Karakaian: this
1:22
Sarah Karakaian: week?
1:22
Annette Grant: This
1:22
Annette Grant: week
1:23
Annette Grant: we
1:23
Annette Grant: are
1:23
Annette Grant: sharing
1:23
Annette Grant: at
1:24
Annette Grant: Roost
1:25
Annette Grant: with
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1:25
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1:26
Annette Grant: R-O-O-S-T.
1:28
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1:29
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1:29
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1:30
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1:31
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1:31
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1:31
Annette Grant: why
1:32
Annette Grant: it
1:32
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1:32
Annette Grant: so
1:33
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1:34
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Annette Grant: tell
1:35
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1:35
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1:36
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1:39
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1:40
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1:40
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1:41
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1:42
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1:43
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1:43
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1:43
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1:44
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1:44
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1:44
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1:45
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1:45
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1:45
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1:48
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1:49
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1:49
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1:50
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1:50
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1:50
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1:51
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1:51
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1:52
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1:53
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1:54
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1:54
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1:55
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1:55
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1:55
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1:56
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1:56
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1:56
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1:56
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1:56
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1:57
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1:57
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1:58
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1:59
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2:00
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2:00
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2:00
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2:01
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2:01
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2:01
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2:01
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2:02
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2:02
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2:02
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2:02
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2:03
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2:04
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2:04
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2:04
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2:04
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2:05
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2:05
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2:05
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2:05
Annette Grant: Rena.
2:06
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2:06
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2:06
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2:06
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2:07
Annette Grant: full
2:07
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2:07
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2:08
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2:08
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2:08
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2:09
Annette Grant: full
2:09
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2:09
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2:10
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2:10
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2:10
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2:10
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2:11
Annette Grant: her
2:11
Annette Grant: faults,
2:11
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2:11
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2:11
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2:12
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2:12
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2:12
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2:12
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2:13
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2:13
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2:13
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2:13
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2:14
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2:14
Sarah Karakaian: 'cause.
2:14
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2:14
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2:15
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2:15
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2:15
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2:16
Sarah Karakaian: Yes.
2:16
Annette Grant: So,
2:17
Annette Grant: um,
2:18
Annette Grant: she
2:18
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2:19
Annette Grant: Oh,
2:20
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2:21
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2:21
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2:21
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2:22
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2:22
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2:22
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2:22
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2:23
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2:23
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2:23
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2:24
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2:24
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2:24
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2:24
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2:24
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2:24
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2:26
Annette Grant: In
2:26
Annette Grant: 20
2:26
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2:27
Annette Grant: 1
2:27
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2:27
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2:27
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2:27
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2:28
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2:28
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2:28
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2:29
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2:29
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2:29
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2:30
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2:30
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2:30
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2:31
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2:31
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2:31
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2:32
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2:32
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2:32
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2:32
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2:33
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2:33
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2:33
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2:33
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2:34
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2:35
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2:35
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2:35
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2:35
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2:36
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2:36
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2:37
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2:37
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2:37
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2:37
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2:37
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2:38
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2:39
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2:39
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2:39
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2:39
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2:40
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2:40
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2:40
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2:40
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2:40
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2:41
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2:41
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2:41
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2:41
Annette Grant: some
2:41
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2:42
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2:42
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2:43
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2:43
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2:43
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2:43
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2:44
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2:44
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2:45
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2:45
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2:45
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2:46
Annette Grant: working
2:46
Annette Grant: on
2:46
Annette Grant: it
2:46
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2:47
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2:47
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2:47
Annette Grant: a
2:47
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2:47
Annette Grant: relaxing
2:48
Annette Grant: getaway,
2:49
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2:49
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2:49
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2:49
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2:50
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2:51
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2:51
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2:51
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2:52
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2:52
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2:52
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2:53
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2:54
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2:54
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2:54
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2:55
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2:57
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2:58
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2:58
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2:59
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2:59
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2:59
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2:59
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3:00
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3:00
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3:00
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3:00
Annette Grant: you
3:00
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3:00
Annette Grant: relax,
3:01
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3:01
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3:01
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3:01
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3:01
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3:02
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3:02
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3:02
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3:02
Annette Grant: your
3:03
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3:03
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3:03
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3:04
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3:04
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3:04
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3:05
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3:05
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3:06
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3:06
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3:06
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3:06
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3:07
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3:08
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3:08
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3:08
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3:08
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3:08
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3:09
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3:10
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3:11
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3:11
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3:12
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3:13
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3:13
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3:13
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3:14
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3:15
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3:15
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3:15
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3:17
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3:18
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3:18
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3:18
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3:18
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3:18
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3:18
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3:19
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3:20
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3:20
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3:20
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3:21
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3:21
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3:22
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3:22
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3:23
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3:23
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3:23
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3:23
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3:24
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3:25
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3:25
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3:25
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3:25
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3:26
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3:26
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3:26
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3:27
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3:28
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3:32
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3:37
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3:38
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3:39
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3:40
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3:40
Sarah Karakaian: This
3:41
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3:42
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4:00
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4:12
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Sarah Karakaian: because
4:17
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4:37
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4:51
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4:53
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4:54
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4:56
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4:58
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6:19
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6:21
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6:27
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6:29
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6:32
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6:32
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7:28
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7:29
Amanda Han: that
7:29
Amanda Han: there
7:30
Amanda Han: are
7:30
Amanda Han: tax
7:31
Amanda Han: strategies
7:31
Amanda Han: that
7:31
Amanda Han: could
7:32
Amanda Han: be
7:32
Amanda Han: used,
7:32
Amanda Han: uh,
7:33
Amanda Han: that,
7:33
Amanda Han: you
7:33
Amanda Han: know,
7:33
Amanda Han: actually
7:34
Amanda Han: that
7:34
Amanda Han: tax
7:34
Amanda Han: savings
7:35
Amanda Han: is
7:35
Amanda Han: a
7:35
Amanda Han: thing,
7:35
Amanda Han: you
7:35
Amanda Han: know,
7:35
Amanda Han: kind
7:35
Amanda Han: of
7:35
Amanda Han: tend
7:36
Amanda Han: to
7:36
Amanda Han: think
7:37
Amanda Han: that
7:37
Amanda Han: taxes
7:37
Amanda Han: is
7:37
Amanda Han: something
7:38
Amanda Han: that
7:38
Amanda Han: just
7:38
Amanda Han: happens
7:38
Amanda Han: to
7:39
Amanda Han: us.
7:39
Amanda Han: Um,
7:40
Amanda Han: so
7:40
Amanda Han: yeah,
7:40
Amanda Han: that
7:41
Amanda Han: sort
7:41
Amanda Han: of
7:41
Amanda Han: started
7:41
Amanda Han: us
7:41
Amanda Han: on
7:41
Amanda Han: a
7:42
Amanda Han: journey
7:42
Amanda Han: to
7:42
Amanda Han: specialize
7:43
Amanda Han: in
7:43
Amanda Han: working
7:43
Amanda Han: with
7:44
Amanda Han: real
7:44
Amanda Han: estate
7:44
Amanda Han: investors.
7:45
Amanda Han: Um,
7:46
Amanda Han: and
7:46
Amanda Han: as
7:47
Amanda Han: short
7:47
Amanda Han: term
7:47
Amanda Han: rentals
7:48
Amanda Han: became
7:49
Amanda Han: more
7:49
Amanda Han: and
7:49
Amanda Han: more
7:49
Amanda Han: popular,
7:50
Amanda Han: uh,
7:51
Amanda Han: in
7:51
Amanda Han: the
7:51
Amanda Han: last
7:51
Amanda Han: decade,
7:52
Amanda Han: we
7:52
Amanda Han: sort
7:53
Amanda Han: of
7:53
Amanda Han: just
7:53
Amanda Han: became,
7:55
Amanda Han: uh,
7:55
Amanda Han: one
7:55
Amanda Han: of
7:55
Amanda Han: the
7:55
Amanda Han: go-to
7:56
Amanda Han: people
7:57
Amanda Han: on
7:57
Amanda Han: how
7:57
Amanda Han: to
7:57
Amanda Han: use
7:58
Amanda Han: that
7:58
Amanda Han: to
7:58
Amanda Han: save
7:58
Amanda Han: on
7:58
Amanda Han: taxes.
8:00
Annette Grant: You
8:00
Annette Grant: say
8:00
Annette Grant: that
8:00
Annette Grant: term,
8:01
Annette Grant: save
8:02
Annette Grant: on
8:02
Annette Grant: taxes
8:03
Annette Grant: and
8:03
Annette Grant: I
8:03
Annette Grant: mean,
8:03
Annette Grant: I'm
8:04
Annette Grant: on
8:04
Annette Grant: LinkedIn
8:04
Annette Grant: and
8:05
Annette Grant: I,
8:05
Annette Grant: and
8:05
Annette Grant: like
8:05
Annette Grant: every
8:06
Annette Grant: day
8:06
Annette Grant: it
8:07
Annette Grant: is
8:07
Annette Grant: just
8:07
Annette Grant: like,
8:07
Annette Grant: I'm
8:08
Annette Grant: just
8:08
Annette Grant: gonna
8:08
Annette Grant: say
8:08
Annette Grant: it,
8:08
Annette Grant: there
8:09
Annette Grant: are
8:09
Annette Grant: a
8:09
Annette Grant: ton
8:09
Annette Grant: of
8:09
Annette Grant: bros
8:10
Annette Grant: on
8:11
Annette Grant: LinkedIn.
8:12
Annette Grant: Oh,
8:12
Annette Grant: if
8:12
Annette Grant: you
8:12
Annette Grant: have
8:12
Annette Grant: a
8:12
Annette Grant: giant
8:13
Annette Grant: W2,
8:13
Annette Grant: like
8:13
Annette Grant: buy
8:14
Annette Grant: a
8:14
Annette Grant: short
8:14
Annette Grant: term
8:14
Annette Grant: rental,
8:15
Annette Grant: it
8:15
Annette Grant: can
8:15
Annette Grant: reduce
8:16
Annette Grant: your
8:16
Annette Grant: taxes,
8:17
Annette Grant: you
8:17
Annette Grant: know,
8:17
Annette Grant: by,
8:19
Annette Grant: you
8:19
Annette Grant: know,
8:19
Annette Grant: 50%.
8:20
Annette Grant: But
8:21
Annette Grant: in
8:21
Annette Grant: general,
8:22
Annette Grant: like,
8:22
Annette Grant: I,
8:22
Annette Grant: that's
8:22
Annette Grant: noisy
8:23
Annette Grant: to
8:23
Annette Grant: me
8:23
Annette Grant: because
8:24
Annette Grant: I
8:24
Annette Grant: think
8:24
Annette Grant: it's,
8:24
Annette Grant: it's
8:25
Annette Grant: um,
8:27
Annette Grant: overblown.
8:29
Annette Grant: They're
8:29
Annette Grant: over
8:29
Annette Grant: promising
8:30
Annette Grant: and
8:30
Annette Grant: under-delivering
8:31
Annette Grant: on
8:31
Annette Grant: what
8:31
Annette Grant: those
8:31
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8:32
Annette Grant: could
8:32
Annette Grant: be.
8:33
Annette Grant: I
8:33
Annette Grant: just
8:33
Annette Grant: don't
8:33
Annette Grant: even
8:33
Annette Grant: listen
8:34
Annette Grant: to
8:34
Annette Grant: it
8:34
Annette Grant: anymore.
8:35
Annette Grant: So
8:35
Annette Grant: why
8:35
Annette Grant: should,
8:36
Annette Grant: why
8:37
Annette Grant: should
8:37
Annette Grant: we
8:37
Annette Grant: all
8:38
Annette Grant: care
8:39
Annette Grant: about
8:39
Annette Grant: taxes
8:40
Annette Grant: and
8:40
Annette Grant: specifically
8:40
Annette Grant: short-term
8:41
Annette Grant: rental
8:41
Annette Grant: taxes
8:42
Annette Grant: make
8:42
Annette Grant: me
8:42
Annette Grant: care
8:43
Annette Grant: at
8:43
Annette Grant: a
8:43
Annette Grant: higher
8:44
Annette Grant: level
8:44
Annette Grant: than
8:44
Annette Grant: just
8:45
Annette Grant: the
8:45
Annette Grant: noise
8:45
Annette Grant: that
8:46
Annette Grant: I
8:47
Annette Grant: am
8:47
Annette Grant: hearing
8:47
Annette Grant: via
8:48
Annette Grant: social
8:48
Annette Grant: media.
8:49
Amanda Han: Yeah.
8:51
Amanda Han: That's
8:51
Amanda Han: interesting
8:52
Amanda Han: because
8:52
Amanda Han: I
8:53
Amanda Han: totally
8:53
Amanda Han: understand
8:53
Amanda Han: what
8:53
Amanda Han: you're
8:53
Amanda Han: saying.
8:54
Amanda Han: I
8:54
Amanda Han: feel
8:54
Amanda Han: like
8:54
Amanda Han: the
8:54
Amanda Han: short
8:55
Amanda Han: term
8:55
Amanda Han: rental
8:55
Amanda Han: has
8:55
Amanda Han: become
8:57
Amanda Han: kind
8:57
Amanda Han: of
8:57
Amanda Han: the
8:57
Amanda Han: buzz
8:58
Amanda Han: buzzword,
8:58
Amanda Han: right?
8:58
Amanda Han: For
8:59
Amanda Han: tax
8:59
Amanda Han: savings.
9:00
Amanda Han: Um,
9:01
Amanda Han: and
9:01
Amanda Han: part
9:01
Amanda Han: of
9:01
Amanda Han: it
9:01
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9:01
Amanda Han: a
9:02
Amanda Han: little
9:02
Amanda Han: bit
9:02
Amanda Han: overplayed,
9:03
Amanda Han: but
9:03
Amanda Han: to
9:03
Amanda Han: take
9:04
Amanda Han: a
9:04
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9:04
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9:04
Amanda Han: and
9:04
Amanda Han: say,
9:04
Amanda Han: okay,
9:04
Amanda Han: why
9:05
Amanda Han: do
9:05
Amanda Han: we
9:05
Amanda Han: care
9:05
Amanda Han: about
9:06
Amanda Han: taxes
9:06
Amanda Han: at
9:06
Amanda Han: all
9:07
Amanda Han: because
9:07
Amanda Han: I
9:07
Amanda Han: think
9:07
Amanda Han: most
9:07
Amanda Han: people
9:07
Amanda Han: think
9:08
Amanda Han: taxes
9:08
Amanda Han: is
9:08
Amanda Han: something
9:09
Amanda Han: that
9:09
Amanda Han: sort
9:09
Amanda Han: of
9:09
Amanda Han: just
9:09
Amanda Han: happens
9:10
Amanda Han: to
9:10
Amanda Han: us.
9:10
Amanda Han: We
9:10
Amanda Han: hate
9:11
Amanda Han: it,
9:11
Amanda Han: but
9:11
Amanda Han: we
9:11
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9:11
Amanda Han: have
9:11
Amanda Han: to
9:11
Amanda Han: deal
9:12
Amanda Han: with
9:12
Amanda Han: it,
9:12
Amanda Han: sort
9:13
Amanda Han: of.
9:13
Amanda Han: It
9:14
Amanda Han: is
9:14
Amanda Han: what
9:14
Amanda Han: it
9:14
Amanda Han: is.
9:14
Amanda Han: Only
9:15
Amanda Han: super
9:15
Amanda Han: rich
9:16
Amanda Han: people
9:16
Amanda Han: can
9:16
Amanda Han: avoid
9:17
Amanda Han: taxes.
9:18
Amanda Han: Um,
9:18
Amanda Han: but
9:19
Amanda Han: when
9:19
Amanda Han: you
9:20
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9:20
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9:20
Amanda Han: about
9:20
Amanda Han: it,
9:21
Amanda Han: there's
9:21
Amanda Han: only
9:21
Amanda Han: one
9:21
Amanda Han: set
9:21
Amanda Han: of
9:22
Amanda Han: the
9:22
Amanda Han: tax
9:22
Amanda Han: code,
9:23
Amanda Han: right?
9:24
Amanda Han: It's
9:24
Amanda Han: the
9:24
Amanda Han: same
9:24
Amanda Han: code.
9:24
Amanda Han: There's
9:25
Amanda Han: not
9:25
Amanda Han: like
9:25
Amanda Han: different
9:26
Amanda Han: law.
9:26
Amanda Han: So
9:26
Amanda Han: the
9:26
Amanda Han: law
9:27
Amanda Han: is
9:27
Amanda Han: exactly
9:27
Amanda Han: the
9:27
Amanda Han: same.
9:28
Amanda Han: Um,
9:28
Amanda Han: but
9:28
Amanda Han: the
9:29
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9:29
Amanda Han: is
9:30
Amanda Han: that
9:31
Amanda Han: if
9:31
Amanda Han: you're
9:31
Amanda Han: someone
9:31
Amanda Han: who
9:32
Amanda Han: understands
9:32
Amanda Han: how
9:32
Amanda Han: to
9:32
Amanda Han: use
9:33
Amanda Han: it
9:33
Amanda Han: to
9:33
Amanda Han: your
9:33
Amanda Han: benefit.
9:34
Amanda Han: Then
9:35
Amanda Han: you
9:35
Amanda Han: can
9:35
Amanda Han: pay
9:35
Amanda Han: less
9:35
Amanda Han: tax.
9:36
Amanda Han: And
9:37
Amanda Han: why
9:37
Amanda Han: is
9:37
Amanda Han: paying
9:37
Amanda Han: less
9:38
Amanda Han: taxes
9:38
Amanda Han: important?
9:40
Amanda Han: Well,
9:40
Amanda Han: studies
9:41
Amanda Han: show
9:41
Amanda Han: that
9:41
Amanda Han: Americans
9:42
Amanda Han: lose
9:42
Amanda Han: more
9:42
Amanda Han: money
9:42
Amanda Han: to
9:42
Amanda Han: taxes
9:43
Amanda Han: than
9:43
Amanda Han: we
9:43
Amanda Han: do
9:44
Amanda Han: on
9:44
Amanda Han: food,
9:44
Amanda Han: clothing,
9:45
Amanda Han: and
9:45
Amanda Han: housing
9:46
Amanda Han: combined.
9:47
Annette Grant: Wow.
9:47
Amanda Han: So
9:48
Amanda Han: I
9:48
Amanda Han: think
9:48
Amanda Han: people
9:48
Amanda Han: tend
9:48
Amanda Han: to
9:48
Amanda Han: think
9:48
Amanda Han: like.
9:49
Amanda Han: Like
9:49
Amanda Han: if
9:49
Amanda Han: you're
9:50
Amanda Han: someone
9:50
Amanda Han: who
9:50
Amanda Han: makes
9:50
Amanda Han: $500,000,
9:51
Amanda Han: they're
9:51
Amanda Han: probably
9:52
Amanda Han: doing
9:52
Amanda Han: pretty
9:52
Amanda Han: well,
9:53
Amanda Han: um,
9:54
Amanda Han: you
9:54
Amanda Han: know,
9:54
Amanda Han: have
9:54
Amanda Han: a
9:54
Amanda Han: lot
9:55
Amanda Han: of
9:55
Amanda Han: cash
9:55
Amanda Han: to
9:55
Amanda Han: invest.
9:56
Amanda Han: But
9:56
Amanda Han: the
9:56
Amanda Han: reality
9:56
Amanda Han: is
9:56
Amanda Han: the
9:57
Amanda Han: people
9:57
Amanda Han: who
9:57
Amanda Han: make
9:57
Amanda Han: $500,000
9:58
Amanda Han: or
9:58
Amanda Han: more,
9:59
Amanda Han: if
9:59
Amanda Han: they
9:59
Amanda Han: don't
9:59
Amanda Han: have
9:59
Amanda Han: the
9:59
Amanda Han: right
10:00
Amanda Han: strategies,
10:01
Amanda Han: they
10:01
Amanda Han: probably
10:01
Amanda Han: end
10:02
Amanda Han: up
10:02
Amanda Han: netting
10:03
Amanda Han: a
10:03
Amanda Han: similar
10:03
Amanda Han: amount
10:03
Amanda Han: of
10:04
Amanda Han: income
10:04
Amanda Han: than
10:04
Amanda Han: somebody
10:05
Amanda Han: who
10:05
Amanda Han: maybe
10:05
Amanda Han: just
10:06
Amanda Han: owns
10:06
Amanda Han: rental
10:06
Amanda Han: properties
10:07
Amanda Han: making
10:07
Amanda Han: $200,000.
10:09
Amanda Han: Mm.
10:09
Amanda Han: And
10:09
Amanda Han: so
10:09
Amanda Han: that's
10:10
Amanda Han: why
10:10
Amanda Han: it's
10:10
Amanda Han: really,
10:10
Amanda Han: really
10:11
Amanda Han: important
10:11
Amanda Han: for
10:11
Amanda Han: us
10:11
Amanda Han: to.
10:12
Amanda Han: You
10:12
Amanda Han: know,
10:12
Amanda Han: to
10:13
Amanda Han: really
10:13
Amanda Han: care
10:14
Amanda Han: about
10:15
Amanda Han: this
10:15
Amanda Han: thing
10:15
Amanda Han: that
10:15
Amanda Han: nobody
10:16
Amanda Han: likes
10:16
Amanda Han: to
10:16
Amanda Han: talk
10:16
Amanda Han: about,
10:17
Amanda Han: which
10:17
Amanda Han: is,
10:17
Amanda Han: you
10:17
Amanda Han: know,
10:17
Amanda Han: taxes
10:18
Amanda Han: and,
10:18
Amanda Han: and,
10:19
Amanda Han: um,
10:19
Amanda Han: I
10:19
Amanda Han: think
10:19
Amanda Han: one
10:19
Amanda Han: of
10:19
Amanda Han: my
10:19
Amanda Han: passions
10:20
Amanda Han: is
10:20
Amanda Han: really
10:20
Amanda Han: just
10:21
Amanda Han: letting
10:21
Amanda Han: people
10:21
Amanda Han: know
10:22
Amanda Han: that
10:22
Amanda Han: there
10:22
Amanda Han: are
10:23
Amanda Han: things
10:23
Amanda Han: you
10:23
Amanda Han: can
10:23
Amanda Han: do
10:24
Amanda Han: to
10:24
Amanda Han: control
10:24
Amanda Han: your
10:25
Amanda Han: taxes.
10:25
Amanda Han: It's
10:26
Amanda Han: not
10:26
Amanda Han: just
10:26
Amanda Han: something
10:26
Amanda Han: that
10:26
Amanda Han: happens
10:27
Amanda Han: to
10:27
Amanda Han: you.
10:28
Amanda Han: Um,
10:28
Amanda Han: if
10:29
Amanda Han: you
10:29
Amanda Han: do
10:29
Amanda Han: the
10:29
Amanda Han: right
10:29
Amanda Han: things
10:29
Amanda Han: during
10:29
Amanda Han: the
10:30
Amanda Han: year,
10:30
Amanda Han: it's
10:30
Amanda Han: definitely
10:31
Amanda Han: possible
10:32
Amanda Han: to
10:32
Amanda Han: save
10:32
Amanda Han: on
10:32
Amanda Han: tax.
10:33
Amanda Han: And
10:34
Amanda Han: short-term
10:34
Amanda Han: rental
10:35
Amanda Han: is
10:35
Amanda Han: one
10:35
Amanda Han: of
10:36
Amanda Han: the
10:36
Amanda Han: very
10:36
Amanda Han: few
10:37
Amanda Han: ways
10:38
Amanda Han: that
10:38
Amanda Han: works
10:39
Amanda Han: for
10:39
Amanda Han: virtually
10:40
Amanda Han: everyone
10:41
Amanda Han: to
10:41
Amanda Han: reduce
10:41
Amanda Han: their
10:41
Amanda Han: taxes.
10:43
Sarah Karakaian: Why
10:43
Sarah Karakaian: is
10:44
Sarah Karakaian: that,
10:44
Sarah Karakaian: Amanda?
10:45
Sarah Karakaian: Like,
10:45
Sarah Karakaian: is
10:46
Sarah Karakaian: there
10:46
Sarah Karakaian: a
10:46
Sarah Karakaian: reason
10:46
Sarah Karakaian: why
10:46
Sarah Karakaian: our,
10:47
Sarah Karakaian: you
10:47
Sarah Karakaian: know,
10:47
Sarah Karakaian: like
10:47
Sarah Karakaian: the,
10:47
Sarah Karakaian: the,
10:48
Sarah Karakaian: the
10:48
Sarah Karakaian: IRS,
10:49
Sarah Karakaian: the
10:49
Sarah Karakaian: tax
10:49
Sarah Karakaian: system,
10:49
Sarah Karakaian: like
10:49
Sarah Karakaian: actually
10:50
Sarah Karakaian: favors
10:50
Sarah Karakaian: short
10:51
Sarah Karakaian: term
10:51
Sarah Karakaian: rentals?
10:51
Sarah Karakaian: Or
10:51
Sarah Karakaian: why
10:52
Sarah Karakaian: are,
10:52
Sarah Karakaian: and
10:52
Sarah Karakaian: why
10:52
Sarah Karakaian: is
10:52
Sarah Karakaian: there
10:53
Sarah Karakaian: a
10:53
Sarah Karakaian: loophole?
10:54
Sarah Karakaian: Like
10:54
Sarah Karakaian: what
10:54
Sarah Karakaian: is
10:54
Sarah Karakaian: it
10:54
Sarah Karakaian: about
10:55
Sarah Karakaian: short
10:55
Sarah Karakaian: term
10:55
Sarah Karakaian: rentals
10:55
Sarah Karakaian: that
10:55
Sarah Karakaian: is
10:55
Sarah Karakaian: so
10:56
Sarah Karakaian: special?
10:58
Amanda Han: I
10:58
Amanda Han: honestly
10:58
Amanda Han: feel
10:58
Amanda Han: like
10:59
Amanda Han: it's
10:59
Amanda Han: a
10:59
Amanda Han: mistake.
11:00
Amanda Han: Um,
11:00
Amanda Han: and
11:00
Amanda Han: that's
11:01
Amanda Han: why
11:01
Amanda Han: I
11:01
Amanda Han: actually
11:01
Amanda Han: call
11:02
Amanda Han: it
11:02
Amanda Han: a
11:02
Amanda Han: loophole.
11:03
Amanda Han: I
11:03
Amanda Han: don't
11:03
Amanda Han: think
11:03
Amanda Han: that
11:03
Amanda Han: was
11:04
Amanda Han: the
11:04
Amanda Han: intention
11:05
Amanda Han: of
11:05
Amanda Han: the
11:05
Amanda Han: tax
11:05
Amanda Han: law.
11:06
Sarah Karakaian: Yeah.
11:06
Sarah Karakaian: Okay.
11:06
Amanda Han: Um,
11:07
Amanda Han: so
11:08
Amanda Han: if
11:08
Amanda Han: we
11:08
Amanda Han: have
11:08
Amanda Han: time
11:08
Amanda Han: for
11:09
Amanda Han: a
11:09
Amanda Han: little
11:09
Amanda Han: bit
11:09
Amanda Han: of
11:09
Amanda Han: history.
11:10
Sarah Karakaian: Yes.
11:11
Amanda Han: So
11:11
Amanda Han: before.
11:13
Amanda Han: Many
11:13
Amanda Han: years
11:13
Amanda Han: ago,
11:13
Amanda Han: if
11:14
Amanda Han: you
11:14
Amanda Han: invested
11:14
Amanda Han: in,
11:14
Amanda Han: in,
11:14
Amanda Han: in
11:15
Amanda Han: real
11:15
Amanda Han: estate
11:15
Amanda Han: or,
11:15
Amanda Han: you
11:16
Amanda Han: know,
11:16
Amanda Han: I
11:16
Amanda Han: mean,
11:16
Amanda Han: even
11:16
Amanda Han: today
11:17
Amanda Han: when
11:17
Amanda Han: you
11:17
Amanda Han: invest
11:17
Amanda Han: in
11:17
Amanda Han: rental
11:18
Amanda Han: real
11:18
Amanda Han: estate,
11:18
Amanda Han: not
11:18
Amanda Han: only
11:19
Amanda Han: do
11:19
Amanda Han: we
11:19
Amanda Han: get
11:19
Amanda Han: to
11:19
Amanda Han: take
11:20
Amanda Han: write
11:20
Amanda Han: offs
11:20
Amanda Han: against
11:21
Amanda Han: our
11:21
Amanda Han: income
11:21
Amanda Han: like
11:22
Amanda Han: a
11:22
Amanda Han: business
11:22
Amanda Han: owner,
11:23
Amanda Han: right,
11:23
Amanda Han: our
11:23
Amanda Han: car
11:23
Amanda Han: expenses,
11:24
Amanda Han: home
11:24
Amanda Han: office,
11:25
Amanda Han: um,
11:26
Amanda Han: education,
11:26
Amanda Han: things
11:27
Amanda Han: like
11:27
Amanda Han: that.
11:28
Amanda Han: Um,
11:28
Amanda Han: not
11:28
Amanda Han: only
11:28
Amanda Han: do
11:28
Amanda Han: we
11:29
Amanda Han: get
11:29
Amanda Han: to
11:29
Amanda Han: write
11:29
Amanda Han: those
11:29
Amanda Han: off,
11:29
Amanda Han: but
11:30
Amanda Han: we
11:30
Amanda Han: also
11:30
Amanda Han: get
11:30
Amanda Han: to
11:30
Amanda Han: take
11:30
Amanda Han: what's
11:31
Amanda Han: called
11:31
Amanda Han: depreciation.
11:32
Amanda Han: Um,
11:33
Amanda Han: and
11:33
Amanda Han: that's,
11:33
Amanda Han: you
11:33
Amanda Han: know,
11:33
Amanda Han: basically
11:34
Amanda Han: we
11:34
Amanda Han: get
11:34
Amanda Han: to
11:34
Amanda Han: write
11:34
Amanda Han: off
11:35
Amanda Han: the
11:35
Amanda Han: purchase
11:35
Amanda Han: price
11:36
Amanda Han: of
11:36
Amanda Han: our
11:37
Amanda Han: building
11:37
Amanda Han: over
11:37
Amanda Han: time.
11:38
Amanda Han: And
11:39
Amanda Han: so
11:39
Amanda Han: when
11:39
Amanda Han: you
11:39
Amanda Han: put
11:39
Amanda Han: together
11:39
Amanda Han: all
11:40
Amanda Han: these
11:40
Amanda Han: different
11:40
Amanda Han: write
11:41
Amanda Han: offs
11:41
Amanda Han: and
11:41
Amanda Han: depreciation,
11:42
Amanda Han: oftentimes
11:42
Amanda Han: what
11:42
Amanda Han: happens
11:43
Amanda Han: is
11:43
Amanda Han: you,
11:43
Amanda Han: you
11:43
Amanda Han: have
11:43
Amanda Han: a
11:43
Amanda Han: property
11:44
Amanda Han: that
11:44
Amanda Han: cash
11:44
Amanda Han: flows
11:44
Amanda Han: pretty
11:45
Amanda Han: well,
11:46
Amanda Han: but
11:46
Amanda Han: for
11:46
Amanda Han: tax
11:46
Amanda Han: purposes,
11:47
Amanda Han: you
11:47
Amanda Han: actually
11:47
Amanda Han: show
11:48
Amanda Han: a
11:48
Amanda Han: loss.
11:49
Amanda Han: So
11:49
Amanda Han: the
11:49
Amanda Han: question
11:49
Amanda Han: becomes,
11:50
Amanda Han: well,
11:50
Amanda Han: what
11:51
Amanda Han: happens
11:51
Amanda Han: with
11:51
Amanda Han: that
11:51
Amanda Han: tax
11:52
Amanda Han: loss?
11:53
Amanda Han: Can
11:53
Amanda Han: I
11:53
Amanda Han: use
11:53
Amanda Han: it
11:53
Amanda Han: to
11:53
Amanda Han: offset
11:54
Amanda Han: taxes
11:55
Amanda Han: from
11:55
Amanda Han: my
11:55
Amanda Han: rental
11:55
Amanda Han: income?
11:57
Amanda Han: And
11:57
Amanda Han: then
11:57
Amanda Han: can
11:57
Amanda Han: I
11:57
Amanda Han: also
11:58
Amanda Han: use
11:58
Amanda Han: it
11:58
Amanda Han: to
11:58
Amanda Han: offset
11:58
Amanda Han: taxes
11:59
Amanda Han: from,
11:59
Amanda Han: let's
11:59
Amanda Han: say,
11:59
Amanda Han: my
12:00
Amanda Han: W2
12:00
Amanda Han: job
12:01
Amanda Han: if
12:01
Amanda Han: I'm
12:01
Amanda Han: still
12:01
Amanda Han: working
12:01
Amanda Han: full-time?
12:02
Amanda Han: Mm-hmm.
12:02
Amanda Han: Um,
12:03
Amanda Han: and
12:03
Amanda Han: the
12:03
Amanda Han: reason
12:03
Amanda Han: the
12:04
Amanda Han: short-term
12:04
Amanda Han: rental
12:04
Amanda Han: is
12:04
Amanda Han: called
12:05
Amanda Han: a
12:05
Amanda Han: loophole
12:05
Amanda Han: is
12:05
Amanda Han: because
12:06
Amanda Han: if
12:06
Amanda Han: we're
12:06
Amanda Han: talking
12:07
Amanda Han: about
12:07
Amanda Han: traditional
12:08
Amanda Han: real
12:08
Amanda Han: estate
12:08
Amanda Han: investments,
12:08
Amanda Han: like
12:09
Amanda Han: a
12:09
Amanda Han: long-term
12:09
Amanda Han: rental,
12:10
Amanda Han: um,
12:11
Amanda Han: and
12:11
Amanda Han: that
12:11
Amanda Han: could
12:11
Amanda Han: be
12:12
Amanda Han: a
12:12
Amanda Han: single
12:12
Amanda Han: family,
12:12
Amanda Han: multi-family,
12:13
Amanda Han: commercial
12:13
Amanda Han: real
12:14
Amanda Han: estate,
12:14
Amanda Han: usually
12:14
Amanda Han: they're
12:14
Amanda Han: long-term
12:15
Amanda Han: tenants.
12:15
Amanda Han: Um.
12:17
Amanda Han: Most
12:17
Amanda Han: people
12:17
Amanda Han: cannot
12:18
Amanda Han: use
12:18
Amanda Han: these
12:19
Amanda Han: tax
12:19
Amanda Han: losses
12:19
Amanda Han: against
12:20
Amanda Han: their
12:20
Amanda Han: W2
12:21
Amanda Han: income
12:22
Amanda Han: unless
12:22
Amanda Han: they,
12:23
Amanda Han: or
12:23
Amanda Han: they're
12:23
Amanda Han: married
12:24
Amanda Han: to
12:24
Amanda Han: a
12:24
Amanda Han: real
12:24
Amanda Han: estate
12:25
Amanda Han: professional.
12:26
Amanda Han: Um,
12:26
Amanda Han: and
12:26
Amanda Han: there's
12:27
Amanda Han: a,
12:27
Amanda Han: a,
12:27
Amanda Han: you
12:27
Amanda Han: know,
12:27
Amanda Han: a
12:27
Amanda Han: handful
12:28
Amanda Han: of
12:28
Amanda Han: rules
12:28
Amanda Han: of
12:28
Amanda Han: like,
12:28
Amanda Han: how
12:28
Amanda Han: do
12:28
Amanda Han: you
12:29
Amanda Han: become
12:29
Amanda Han: a
12:29
Amanda Han: real
12:29
Amanda Han: estate
12:29
Amanda Han: professional
12:30
Amanda Han: for
12:30
Amanda Han: tax
12:31
Amanda Han: purposes?
12:31
Amanda Han: One
12:32
Amanda Han: of
12:32
Amanda Han: which
12:32
Amanda Han: is
12:32
Amanda Han: though
12:33
Amanda Han: you
12:33
Amanda Han: have
12:33
Amanda Han: to
12:33
Amanda Han: have
12:33
Amanda Han: more
12:34
Amanda Han: time
12:34
Amanda Han: in
12:34
Amanda Han: real
12:34
Amanda Han: estate
12:34
Amanda Han: than
12:34
Amanda Han: your
12:35
Amanda Han: job.
12:35
Amanda Han: Mm.
12:35
Amanda Han: And
12:36
Amanda Han: so
12:36
Amanda Han: you
12:36
Amanda Han: can
12:36
Amanda Han: see
12:36
Amanda Han: that
12:37
Amanda Han: it's
12:37
Amanda Han: very
12:37
Amanda Han: difficult
12:38
Amanda Han: for
12:38
Amanda Han: somebody
12:38
Amanda Han: who
12:38
Amanda Han: works
12:38
Amanda Han: full-time,
12:39
Amanda Han: 2000
12:40
Amanda Han: hours
12:40
Amanda Han: at
12:40
Amanda Han: least,
12:41
Amanda Han: to
12:41
Amanda Han: have
12:41
Amanda Han: more
12:41
Amanda Han: than
12:41
Amanda Han: 2000
12:42
Amanda Han: hours
12:42
Amanda Han: in
12:42
Amanda Han: their
12:42
Amanda Han: long-term
12:43
Amanda Han: rentals
12:43
Amanda Han: and
12:43
Amanda Han: be
12:43
Amanda Han: able
12:43
Amanda Han: to
12:44
Amanda Han: kind
12:44
Amanda Han: of.
12:44
Amanda Han: Create
12:45
Amanda Han: real
12:45
Amanda Han: estate
12:45
Amanda Han: loss
12:45
Amanda Han: and
12:46
Amanda Han: offset
12:46
Amanda Han: W2
12:46
Amanda Han: income.
12:47
Amanda Han: Um,
12:48
Amanda Han: and
12:48
Amanda Han: so
12:48
Amanda Han: again,
12:48
Amanda Han: the,
12:48
Amanda Han: the
12:49
Amanda Han: reason
12:49
Amanda Han: the
12:49
Amanda Han: short-term
12:49
Amanda Han: rental
12:50
Amanda Han: is
12:50
Amanda Han: called
12:50
Amanda Han: a
12:50
Amanda Han: loophole
12:51
Amanda Han: is
12:51
Amanda Han: because
12:51
Amanda Han: when
12:52
Amanda Han: you
12:52
Amanda Han: invest
12:52
Amanda Han: in
12:52
Amanda Han: short-term
12:53
Amanda Han: rentals,
12:53
Amanda Han: IRS
12:54
Amanda Han: actually
12:54
Amanda Han: does
12:54
Amanda Han: not
12:55
Amanda Han: need
12:55
Amanda Han: you
12:55
Amanda Han: to
12:55
Amanda Han: become
12:56
Amanda Han: a
12:56
Amanda Han: real
12:56
Amanda Han: estate
12:56
Amanda Han: professional.
12:57
Amanda Han: Um,
12:58
Amanda Han: in
12:58
Amanda Han: other
12:58
Amanda Han: words,
12:58
Amanda Han: you
12:58
Amanda Han: don't
12:59
Amanda Han: have
12:59
Amanda Han: to
12:59
Amanda Han: quit
12:59
Amanda Han: your
12:59
Amanda Han: job.
13:00
Amanda Han: You
13:00
Amanda Han: don't
13:00
Amanda Han: have
13:00
Amanda Han: to
13:00
Amanda Han: have
13:00
Amanda Han: more
13:01
Amanda Han: time
13:01
Amanda Han: in
13:01
Amanda Han: real
13:01
Amanda Han: estate
13:02
Amanda Han: than
13:02
Amanda Han: your
13:02
Amanda Han: job.
13:03
Amanda Han: You
13:03
Amanda Han: could
13:03
Amanda Han: potentially
13:04
Amanda Han: use
13:04
Amanda Han: the
13:04
Amanda Han: losses
13:05
Amanda Han: against
13:06
Amanda Han: W2
13:06
Amanda Han: income,
13:07
Amanda Han: as
13:07
Amanda Han: long
13:07
Amanda Han: as
13:08
Amanda Han: you
13:08
Amanda Han: meet
13:08
Amanda Han: material
13:08
Amanda Han: participation
13:09
Amanda Han: hours.
13:10
Sarah Karakaian: Okay.
13:11
Sarah Karakaian: So
13:11
Sarah Karakaian: material
13:12
Sarah Karakaian: participation
13:12
Sarah Karakaian: hours
13:13
Sarah Karakaian: and
13:14
Sarah Karakaian: a
13:14
Sarah Karakaian: real
13:14
Sarah Karakaian: estate
13:14
Sarah Karakaian: professional
13:15
Sarah Karakaian: are
13:15
Sarah Karakaian: two
13:15
Sarah Karakaian: different
13:16
Sarah Karakaian: things.
13:16
Sarah Karakaian: They're
13:16
Sarah Karakaian: two
13:17
Sarah Karakaian: different
13:17
Sarah Karakaian: concepts.
13:19
Amanda Han: They're
13:19
Amanda Han: two
13:19
Amanda Han: different
13:20
Amanda Han: concepts.
13:20
Amanda Han: They're
13:20
Amanda Han: somewhat
13:20
Amanda Han: interrelated.
13:21
Amanda Han: But
13:21
Amanda Han: if
13:21
Amanda Han: we're
13:22
Amanda Han: talking
13:22
Amanda Han: specifically
13:23
Amanda Han: about
13:23
Amanda Han: short
13:23
Amanda Han: term
13:23
Amanda Han: rentals,
13:24
Amanda Han: um,
13:25
Amanda Han: the
13:25
Amanda Han: one
13:25
Amanda Han: thing
13:25
Amanda Han: to
13:25
Amanda Han: remember
13:26
Amanda Han: is
13:26
Amanda Han: we
13:27
Amanda Han: don't
13:27
Amanda Han: care
13:27
Amanda Han: about
13:28
Amanda Han: real
13:28
Amanda Han: estate
13:28
Amanda Han: professional
13:28
Amanda Han: status
13:29
Amanda Han: at
13:29
Amanda Han: all.
13:29
Amanda Han: You
13:30
Amanda Han: only
13:30
Amanda Han: care
13:30
Amanda Han: about
13:30
Amanda Han: material
13:31
Amanda Han: participation
13:32
Amanda Han: hours.
13:32
Amanda Han: And
13:33
Amanda Han: this
13:33
Amanda Han: is
13:33
Amanda Han: a
13:33
Amanda Han: mistake
13:33
Amanda Han: area
13:34
Amanda Han: that,
13:34
Amanda Han: um,
13:35
Amanda Han: we
13:35
Amanda Han: see
13:36
Amanda Han: not
13:36
Amanda Han: just
13:36
Amanda Han: investors
13:37
Amanda Han: get
13:37
Amanda Han: confusion
13:38
Amanda Han: on,
13:39
Amanda Han: but
13:39
Amanda Han: also
13:39
Amanda Han: CPAs,
13:40
Amanda Han: um,
13:41
Amanda Han: and
13:41
Amanda Han: even
13:41
Amanda Han: the
13:41
Amanda Han: IRS.
13:42
Amanda Han: Because
13:43
Amanda Han: it
13:43
Amanda Han: sort
13:43
Amanda Han: of
13:43
Amanda Han: makes
13:44
Amanda Han: no
13:44
Amanda Han: sense.
13:44
Amanda Han: Right?
13:44
Amanda Han: Kinda
13:45
Amanda Han: like
13:45
Amanda Han: why
13:45
Amanda Han: is,
13:45
Amanda Han: why
13:45
Amanda Han: is
13:45
Amanda Han: short-term
13:46
Amanda Han: rentals
13:46
Amanda Han: different?
13:47
Amanda Han: Mm-hmm.
13:47
Amanda Han: Why
13:47
Amanda Han: is
13:47
Amanda Han: there
13:47
Amanda Han: such
13:48
Amanda Han: a
13:48
Amanda Han: loophole?
13:49
Amanda Han: There's
13:49
Amanda Han: really
13:49
Amanda Han: no
13:49
Amanda Han: rhyme
13:49
Amanda Han: or
13:49
Amanda Han: reason.
13:50
Amanda Han: That's
13:50
Amanda Han: just
13:50
Amanda Han: kind
13:50
Amanda Han: of,
13:50
Amanda Han: it
13:51
Amanda Han: is
13:51
Amanda Han: what
13:51
Amanda Han: it
13:51
Amanda Han: is.
13:52
Amanda Han: Um,
13:52
Amanda Han: until
13:53
Amanda Han: maybe
13:53
Amanda Han: one
13:53
Amanda Han: day
13:53
Amanda Han: they
13:53
Amanda Han: close
13:54
Amanda Han: up
13:54
Amanda Han: the
13:54
Amanda Han: loophole.
13:54
Annette Grant: Right.
13:55
Annette Grant: That's
13:56
Annette Grant: what
13:56
Annette Grant: I
13:56
Annette Grant: was
13:56
Annette Grant: gonna
13:56
Annette Grant: say.
13:56
Annette Grant: It's
13:58
Annette Grant: you
13:58
Annette Grant: led
13:58
Annette Grant: in
13:59
Annette Grant: with,
14:00
Annette Grant: it
14:01
Annette Grant: might
14:01
Annette Grant: be,
14:01
Annette Grant: you
14:01
Annette Grant: know,
14:01
Annette Grant: more
14:03
Annette Grant: largely
14:03
Annette Grant: a
14:03
Annette Grant: mistake
14:04
Annette Grant: like
14:04
Annette Grant: that
14:05
Annette Grant: probably
14:05
Annette Grant: just
14:05
Annette Grant: wasn't
14:06
Annette Grant: a
14:06
Annette Grant: sector
14:07
Annette Grant: of
14:07
Annette Grant: real
14:08
Annette Grant: estate
14:08
Annette Grant: when
14:08
Annette Grant: the
14:09
Annette Grant: tax
14:09
Annette Grant: code
14:09
Annette Grant: was
14:09
Annette Grant: being
14:10
Annette Grant: written
14:10
Annette Grant: that
14:11
Annette Grant: maybe
14:11
Annette Grant: there
14:11
Annette Grant: was
14:11
Annette Grant: pause
14:12
Annette Grant: there
14:12
Annette Grant: of
14:13
Annette Grant: real
14:13
Annette Grant: estate
14:13
Annette Grant: professional
14:14
Annette Grant: versus
14:14
Annette Grant: material
14:15
Annette Grant: time.
14:15
Annette Grant: So
14:16
Annette Grant: essentially
14:17
Annette Grant: thinking
14:18
Annette Grant: these
14:18
Annette Grant: could
14:18
Annette Grant: change
14:19
Annette Grant: over
14:19
Annette Grant: time,
14:19
Annette Grant: like
14:19
Annette Grant: this
14:20
Annette Grant: loophole
14:20
Annette Grant: might,
14:21
Annette Grant: um,
14:21
Annette Grant: adjust
14:22
Annette Grant: if
14:22
Annette Grant: people
14:22
Annette Grant: aren't
14:22
Annette Grant: taking
14:23
Annette Grant: you
14:23
Annette Grant: know,
14:23
Annette Grant: advantage
14:24
Annette Grant: of
14:24
Annette Grant: it.
14:24
Annette Grant: But
14:25
Annette Grant: I
14:25
Annette Grant: wanna
14:26
Annette Grant: ask
14:26
Annette Grant: some
14:27
Annette Grant: questions
14:27
Annette Grant: that
14:28
Annette Grant: I
14:28
Annette Grant: still
14:28
Annette Grant: am
14:28
Annette Grant: trying
14:29
Annette Grant: to
14:29
Annette Grant: understand
14:29
Annette Grant: myself.
14:30
Annette Grant: So
14:31
Annette Grant: you
14:31
Annette Grant: are
14:31
Annette Grant: saying,
14:32
Annette Grant: um,
14:32
Annette Grant: you
14:32
Annette Grant: know,
14:33
Annette Grant: those
14:33
Annette Grant: losses
14:34
Annette Grant: from
14:34
Annette Grant: your
14:34
Annette Grant: property,
14:35
Annette Grant: if
14:35
Annette Grant: it's
14:35
Annette Grant: cash
14:36
Annette Grant: flowing
14:36
Annette Grant: well,
14:36
Annette Grant: well,
14:36
Annette Grant: if
14:37
Annette Grant: it's
14:37
Annette Grant: cash
14:37
Annette Grant: flowing
14:38
Annette Grant: well,
14:38
Annette Grant: how
14:39
Annette Grant: are
14:39
Annette Grant: there
14:39
Annette Grant: losses?
14:40
Annette Grant: Is
14:40
Annette Grant: it
14:40
Annette Grant: the
14:40
Annette Grant: depreciation?
14:41
Annette Grant: Because
14:41
Annette Grant: that
14:42
Annette Grant: doesn't
14:42
Annette Grant: make
14:42
Annette Grant: sense
14:42
Annette Grant: to
14:42
Annette Grant: me
14:42
Annette Grant: while
14:43
Annette Grant: I'm
14:43
Annette Grant: cash
14:43
Annette Grant: flowing,
14:43
Annette Grant: I'm
14:43
Annette Grant: doing
14:44
Annette Grant: well.
14:44
Annette Grant: How
14:44
Annette Grant: do
14:44
Annette Grant: I
14:44
Annette Grant: have
14:45
Annette Grant: losses?
14:47
Amanda Han: Yeah,
14:47
Amanda Han: and
14:47
Amanda Han: that's
14:47
Amanda Han: a
14:47
Amanda Han: common
14:48
Amanda Han: misconception
14:48
Amanda Han: for
14:48
Amanda Han: people.
14:49
Amanda Han: When
14:49
Amanda Han: we
14:49
Amanda Han: talk
14:49
Amanda Han: about
14:49
Amanda Han: loss,
14:50
Amanda Han: we're
14:50
Amanda Han: only
14:51
Amanda Han: talking
14:51
Amanda Han: about
14:51
Amanda Han: tax
14:52
Amanda Han: loss,
14:52
Amanda Han: right?
14:52
Amanda Han: So
14:52
Amanda Han: we're
14:52
Amanda Han: never
14:53
Amanda Han: investing
14:53
Amanda Han: on
14:53
Amanda Han: a
14:54
Amanda Han: poor
14:54
Amanda Han: performing
14:55
Amanda Han: property
14:55
Amanda Han: just
14:55
Amanda Han: to
14:55
Amanda Han: get
14:56
Amanda Han: the
14:56
Amanda Han: tax
14:56
Amanda Han: benefit.
14:57
Amanda Han: And
14:57
Amanda Han: so,
14:58
Amanda Han: um,
14:59
Amanda Han: yes,
14:59
Amanda Han: the
14:59
Amanda Han: losses
14:59
Amanda Han: are
15:00
Amanda Han: two
15:00
Amanda Han: main
15:00
Amanda Han: things.
15:00
Amanda Han: One
15:01
Amanda Han: is
15:01
Amanda Han: making
15:01
Amanda Han: sure
15:01
Amanda Han: you
15:02
Amanda Han: maximize
15:02
Amanda Han: your
15:02
Amanda Han: write
15:03
Amanda Han: offs.
15:03
Amanda Han: I
15:04
Amanda Han: think
15:04
Amanda Han: investors
15:04
Amanda Han: are
15:05
Amanda Han: always
15:05
Amanda Han: good
15:05
Amanda Han: at
15:05
Amanda Han: writing
15:05
Amanda Han: off
15:05
Amanda Han: interest,
15:06
Amanda Han: property
15:06
Amanda Han: taxes,
15:07
Amanda Han: management
15:08
Amanda Han: fees,
15:08
Amanda Han: but
15:08
Amanda Han: what
15:09
Amanda Han: a
15:09
Amanda Han: lot
15:09
Amanda Han: of
15:09
Amanda Han: people,
15:09
Amanda Han: um,
15:10
Amanda Han: overlook
15:10
Amanda Han: are
15:11
Amanda Han: some
15:11
Amanda Han: of
15:11
Amanda Han: these
15:11
Amanda Han: overhead
15:12
Amanda Han: costs.
15:12
Amanda Han: Like,
15:13
Amanda Han: um,
15:14
Amanda Han: the
15:14
Amanda Han: business
15:15
Amanda Han: use
15:15
Amanda Han: of
15:15
Amanda Han: your
15:15
Amanda Han: personal
15:16
Amanda Han: car,
15:16
Amanda Han: right?
15:17
Amanda Han: Mm-hmm.
15:17
Amanda Han: We're
15:17
Amanda Han: not,
15:17
Amanda Han: not
15:17
Amanda Han: just
15:17
Amanda Han: driving
15:18
Amanda Han: to
15:18
Amanda Han: the
15:18
Amanda Han: property,
15:18
Amanda Han: but
15:18
Amanda Han: driving
15:19
Amanda Han: to
15:19
Amanda Han: real
15:19
Amanda Han: estate
15:19
Amanda Han: meetups,
15:20
Amanda Han: driving
15:20
Amanda Han: to
15:20
Amanda Han: meet
15:20
Amanda Han: with
15:20
Amanda Han: your
15:20
Amanda Han: CPA,
15:21
Amanda Han: your
15:21
Amanda Han: attorney,
15:22
Amanda Han: all
15:22
Amanda Han: those
15:22
Amanda Han: different
15:23
Amanda Han: things,
15:23
Amanda Han: okay?
15:24
Amanda Han: Um,
15:24
Amanda Han: you
15:24
Amanda Han: know,
15:24
Amanda Han: your
15:24
Amanda Han: home
15:25
Amanda Han: office,
15:26
Amanda Han: uh,
15:26
Amanda Han: joining
15:26
Amanda Han: real
15:27
Amanda Han: estate
15:27
Amanda Han: masterminds,
15:28
Amanda Han: buying
15:28
Amanda Han: real
15:29
Amanda Han: estate
15:29
Amanda Han: books.
15:30
Amanda Han: Um,
15:30
Amanda Han: so
15:32
Amanda Han: all
15:32
Amanda Han: those
15:32
Amanda Han: things
15:32
Amanda Han: are
15:32
Amanda Han: kind
15:33
Amanda Han: of
15:33
Amanda Han: like
15:33
Amanda Han: expenses
15:33
Amanda Han: you
15:33
Amanda Han: have
15:34
Amanda Han: anyways,
15:34
Amanda Han: but
15:34
Amanda Han: now
15:34
Amanda Han: we're
15:35
Amanda Han: just
15:35
Amanda Han: kind
15:35
Amanda Han: of
15:35
Amanda Han: turning
15:35
Amanda Han: them
15:35
Amanda Han: from
15:36
Amanda Han: personal
15:36
Amanda Han: costs
15:36
Amanda Han: into
15:37
Amanda Han: legitimate
15:37
Amanda Han: business
15:38
Amanda Han: write-offs.
15:38
Amanda Han: So
15:39
Amanda Han: yes,
15:39
Amanda Han: your
15:39
Amanda Han: property's
15:39
Amanda Han: still
15:39
Amanda Han: cash
15:40
Amanda Han: flowing.
15:41
Amanda Han: For
15:41
Amanda Han: tax
15:41
Amanda Han: purposes.
15:42
Amanda Han: Now
15:42
Amanda Han: you
15:42
Amanda Han: have
15:42
Amanda Han: all
15:42
Amanda Han: these
15:42
Amanda Han: added
15:43
Amanda Han: write-offs
15:44
Amanda Han: that
15:44
Amanda Han: are
15:44
Amanda Han: bringing
15:45
Amanda Han: down
15:45
Amanda Han: the
15:45
Amanda Han: taxable
15:46
Amanda Han: income.
15:47
Amanda Han: Um,
15:47
Amanda Han: and
15:47
Amanda Han: of
15:47
Amanda Han: course
15:47
Amanda Han: the
15:48
Amanda Han: depreciation
15:48
Amanda Han: is
15:48
Amanda Han: the
15:48
Amanda Han: big
15:49
Amanda Han: one,
15:49
Amanda Han: right?
15:49
Amanda Han: With
15:49
Amanda Han: depreciation.
15:51
Amanda Han: Um,
15:51
Amanda Han: you
15:51
Amanda Han: can
15:52
Amanda Han: not
15:53
Amanda Han: only
15:53
Amanda Han: depreciate
15:54
Amanda Han: the
15:54
Amanda Han: property,
15:54
Amanda Han: but
15:54
Amanda Han: we
15:55
Amanda Han: also
15:55
Amanda Han: are
15:55
Amanda Han: depreciating
15:56
Amanda Han: the,
15:57
Amanda Han: all
15:57
Amanda Han: the
15:57
Amanda Han: furniture,
15:58
Amanda Han: all
15:58
Amanda Han: of
15:58
Amanda Han: the
15:58
Amanda Han: supplies,
15:59
Amanda Han: the
16:00
Amanda Han: pelotons,
16:01
Amanda Han: the
16:01
Amanda Han: TVs
16:01
Amanda Han: that
16:01
Amanda Han: you're
16:01
Amanda Han: putting
16:02
Amanda Han: into
16:02
Amanda Han: your
16:02
Amanda Han: Airbnbs.
16:04
Amanda Han: Um,
16:04
Amanda Han: and
16:04
Amanda Han: so
16:05
Amanda Han: those
16:05
Amanda Han: are
16:05
Amanda Han: what
16:05
Amanda Han: creates
16:07
Amanda Han: oftentimes
16:07
Amanda Han: the
16:07
Amanda Han: tax
16:08
Amanda Han: loss
16:08
Amanda Han: that
16:08
Amanda Han: we're
16:08
Amanda Han: talking
16:09
Amanda Han: about.
16:09
Annette Grant: When
16:10
Annette Grant: you
16:10
Annette Grant: are
16:10
Annette Grant: mentioning
16:11
Annette Grant: real
16:11
Annette Grant: estate
16:12
Annette Grant: books,
16:12
Annette Grant: the
16:12
Annette Grant: personal
16:13
Annette Grant: car,
16:13
Annette Grant: uh,
16:14
Annette Grant: you
16:14
Annette Grant: know,
16:14
Annette Grant: real
16:15
Annette Grant: Estate
16:15
Annette Grant: Masterminds,
16:16
Annette Grant: do
16:16
Annette Grant: those
16:17
Annette Grant: have
16:17
Annette Grant: to,
16:17
Annette Grant: if
16:18
Annette Grant: the,
16:18
Annette Grant: the
16:18
Annette Grant: IRS
16:18
Annette Grant: is
16:18
Annette Grant: looking
16:19
Annette Grant: at
16:19
Annette Grant: this,
16:19
Annette Grant: do
16:19
Annette Grant: those
16:20
Annette Grant: purchases
16:21
Annette Grant: need
16:21
Annette Grant: to
16:21
Annette Grant: take
16:21
Annette Grant: place
16:22
Annette Grant: on
16:23
Annette Grant: the
16:23
Annette Grant: short
16:24
Annette Grant: term
16:25
Annette Grant: rental
16:25
Annette Grant: business
16:25
Annette Grant: like
16:26
Annette Grant: that
16:26
Annette Grant: card,
16:27
Annette Grant: or
16:27
Annette Grant: can
16:27
Annette Grant: it
16:27
Annette Grant: be
16:27
Annette Grant: on
16:27
Annette Grant: your
16:28
Annette Grant: personal,
16:28
Annette Grant: or
16:28
Annette Grant: is
16:29
Annette Grant: there
16:29
Annette Grant: a
16:29
Annette Grant: division
16:29
Annette Grant: that
16:30
Annette Grant: it
16:30
Annette Grant: should
16:30
Annette Grant: happen?
16:31
Annette Grant: Should
16:31
Annette Grant: happen
16:31
Annette Grant: on?
16:33
Amanda Han: That's
16:33
Amanda Han: a
16:33
Amanda Han: great
16:34
Amanda Han: question.
16:34
Amanda Han: What
16:34
Amanda Han: we
16:34
Amanda Han: typically
16:34
Amanda Han: recommend
16:35
Amanda Han: is
16:35
Amanda Han: if
16:35
Amanda Han: you
16:35
Amanda Han: own
16:36
Amanda Han: your
16:36
Amanda Han: real
16:36
Amanda Han: estate
16:37
Amanda Han: and
16:37
Amanda Han: LLC,
16:38
Amanda Han: you
16:38
Amanda Han: know,
16:38
Amanda Han: for
16:38
Amanda Han: liability
16:39
Amanda Han: protection
16:39
Amanda Han: purposes,
16:40
Amanda Han: then
16:40
Amanda Han: we
16:40
Amanda Han: want
16:41
Amanda Han: those
16:41
Amanda Han: charges
16:42
Amanda Han: to
16:42
Amanda Han: happen
16:43
Amanda Han: in
16:43
Amanda Han: the
16:43
Amanda Han: LLCs
16:44
Amanda Han: bank
16:44
Amanda Han: account
16:45
Amanda Han: or
16:45
Amanda Han: credit
16:45
Amanda Han: card.
16:45
Amanda Han: Okay.
16:46
Amanda Han: Um,
16:46
Amanda Han: it
16:46
Amanda Han: helps
16:47
Amanda Han: from
16:47
Amanda Han: a,
16:47
Amanda Han: you
16:48
Amanda Han: know,
16:48
Amanda Han: liability
16:48
Amanda Han: protection
16:49
Amanda Han: perspective
16:49
Amanda Han: and
16:49
Amanda Han: also
16:50
Amanda Han: for
16:50
Amanda Han: taxes,
16:50
Amanda Han: it's
16:50
Amanda Han: cleaner.
16:51
Amanda Han: Okay.
16:52
Amanda Han: Um,
16:52
Amanda Han: now
16:52
Amanda Han: we
16:52
Amanda Han: do
16:52
Amanda Han: have
16:53
Amanda Han: investors
16:53
Amanda Han: who
16:53
Amanda Han: maybe
16:53
Amanda Han: don't
16:54
Amanda Han: have
16:54
Amanda Han: an
16:54
Amanda Han: LLC
16:54
Amanda Han: mm-hmm.
16:55
Amanda Han: Or
16:55
Amanda Han: they're
16:55
Amanda Han: just
16:56
Amanda Han: not
16:56
Amanda Han: as
16:56
Amanda Han: good
16:56
Amanda Han: as
16:57
Amanda Han: using
16:57
Amanda Han: it,
16:57
Amanda Han: so
16:57
Amanda Han: they're.
16:57
Amanda Han: Putting
16:58
Amanda Han: some
16:58
Amanda Han: of
16:58
Amanda Han: those
16:59
Amanda Han: expenses
16:59
Amanda Han: on
16:59
Amanda Han: a
16:59
Amanda Han: personal
17:00
Amanda Han: card,
17:00
Amanda Han: that's
17:01
Amanda Han: fine
17:01
Amanda Han: too.
17:02
Amanda Han: What
17:02
Amanda Han: the
17:02
Amanda Han: IRS
17:02
Amanda Han: will
17:03
Amanda Han: look
17:03
Amanda Han: for
17:03
Amanda Han: if
17:03
Amanda Han: you're
17:03
Amanda Han: audited,
17:04
Amanda Han: is
17:04
Amanda Han: they
17:04
Amanda Han: wanna
17:04
Amanda Han: make
17:05
Amanda Han: sure
17:05
Amanda Han: you're
17:06
Amanda Han: able
17:06
Amanda Han: to
17:06
Amanda Han: prove
17:06
Amanda Han: those
17:07
Amanda Han: expenses,
17:07
Amanda Han: have
17:08
Amanda Han: business
17:08
Amanda Han: purposes,
17:09
Amanda Han: right?
17:10
Amanda Han: So
17:10
Amanda Han: yes,
17:11
Amanda Han: I
17:11
Amanda Han: mean,
17:11
Amanda Han: if
17:11
Amanda Han: you
17:11
Amanda Han: join
17:11
Amanda Han: a
17:11
Amanda Han: Real
17:12
Amanda Han: estate
17:12
Amanda Han: Mastermind,
17:13
Amanda Han: it's
17:13
Amanda Han: pretty
17:13
Amanda Han: clear
17:14
Amanda Han: it's
17:14
Amanda Han: for
17:14
Amanda Han: real
17:14
Amanda Han: estate.
17:15
Amanda Han: I
17:15
Amanda Han: mean,
17:15
Amanda Han: people
17:16
Amanda Han: might
17:16
Amanda Han: love,
17:16
Amanda Han: you
17:16
Amanda Han: guys
17:16
Amanda Han: wanna
17:16
Amanda Han: hang
17:17
Amanda Han: out,
17:17
Amanda Han: but
17:17
Amanda Han: the
17:18
Amanda Han: main
17:18
Amanda Han: purpose
17:18
Amanda Han: of
17:18
Amanda Han: that
17:18
Amanda Han: is
17:18
Amanda Han: for
17:18
Amanda Han: real
17:19
Amanda Han: estate,
17:19
Amanda Han: right?
17:19
Amanda Han: And
17:19
Amanda Han: I'll
17:19
Amanda Han: say
17:20
Amanda Han: alternatively,
17:21
Amanda Han: just
17:21
Amanda Han: because
17:21
Amanda Han: you
17:21
Amanda Han: have
17:21
Amanda Han: an
17:22
Amanda Han: LLC
17:22
Amanda Han: for
17:22
Amanda Han: your
17:22
Amanda Han: rentals,
17:23
Amanda Han: you
17:24
Amanda Han: can't
17:24
Amanda Han: just,
17:25
Amanda Han: you
17:25
Amanda Han: know,
17:25
Amanda Han: go
17:25
Amanda Han: to
17:25
Amanda Han: the
17:25
Amanda Han: spa
17:26
Amanda Han: with
17:26
Amanda Han: your
17:26
Amanda Han: friends
17:27
Amanda Han: and
17:27
Amanda Han: put
17:27
Amanda Han: it
17:27
Amanda Han: on
17:27
Amanda Han: the
17:27
Amanda Han: LLC
17:27
Amanda Han: card
17:28
Amanda Han: and
17:28
Amanda Han: call
17:28
Amanda Han: it
17:28
Amanda Han: a
17:28
Amanda Han: write
17:28
Amanda Han: off.
17:29
Amanda Han: We,
17:29
Amanda Han: at
17:29
Amanda Han: the
17:29
Amanda Han: heart
17:30
Amanda Han: of
17:30
Amanda Han: it,
17:30
Amanda Han: it's
17:30
Amanda Han: about
17:30
Amanda Han: establishing
17:31
Amanda Han: the
17:31
Amanda Han: business
17:32
Amanda Han: purpose
17:32
Amanda Han: of
17:32
Amanda Han: whatever
17:33
Amanda Han: expense
17:33
Amanda Han: we're
17:33
Amanda Han: talking
17:34
Amanda Han: about.
17:34
Annette Grant: We,
17:35
Annette Grant: um,
17:36
Annette Grant: meet
17:36
Annette Grant: with
17:37
Annette Grant: hosts
17:38
Annette Grant: every
17:38
Annette Grant: day,
17:39
Annette Grant: all,
17:39
Annette Grant: you
17:39
Annette Grant: know,
17:40
Annette Grant: all
17:40
Annette Grant: day
17:40
Annette Grant: long,
17:40
Annette Grant: and.
17:42
Annette Grant: One
17:42
Annette Grant: of
17:43
Annette Grant: the
17:43
Annette Grant: hardest
17:44
Annette Grant: parts
17:44
Annette Grant: of
17:44
Annette Grant: being
17:44
Annette Grant: a
17:44
Annette Grant: host
17:46
Annette Grant: is
17:47
Annette Grant: keeping
17:49
Annette Grant: the
17:49
Annette Grant: bank
17:49
Annette Grant: account
17:49
Annette Grant: separate.
17:50
Annette Grant: I
17:50
Annette Grant: mean,
17:50
Annette Grant: every
17:51
Annette Grant: host
17:51
Annette Grant: we
17:51
Annette Grant: talk
17:51
Annette Grant: to,
17:52
Annette Grant: they
17:52
Annette Grant: have
17:52
Annette Grant: receipts
17:53
Annette Grant: from
17:53
Annette Grant: whether
17:53
Annette Grant: they're
17:53
Annette Grant: co-mingling
17:54
Annette Grant: accidentally
17:55
Annette Grant: 'cause
17:55
Annette Grant: they
17:55
Annette Grant: go
17:55
Annette Grant: to
17:55
Annette Grant: Costco
17:56
Annette Grant: or
17:56
Annette Grant: heck,
17:57
Annette Grant: Sarah
17:57
Annette Grant: and
17:57
Annette Grant: I
17:57
Annette Grant: do
17:57
Annette Grant: it
17:57
Annette Grant: like
17:58
Annette Grant: we're
17:58
Annette Grant: on
17:58
Annette Grant: an
17:58
Annette Grant: Amazon
17:58
Annette Grant: account.
17:59
Annette Grant: Oh,
17:59
Annette Grant: we
17:59
Annette Grant: were
17:59
Annette Grant: on
17:59
Annette Grant: the
17:59
Annette Grant: wrong
18:00
Annette Grant: Amazon
18:00
Annette Grant: account.
18:00
Annette Grant: We
18:01
Annette Grant: put
18:01
Annette Grant: it
18:01
Annette Grant: on
18:01
Annette Grant: our
18:01
Annette Grant: personal,
18:01
Annette Grant: we
18:02
Annette Grant: forgot
18:02
Annette Grant: to
18:02
Annette Grant: put
18:02
Annette Grant: it
18:02
Annette Grant: on
18:02
Annette Grant: the
18:02
Annette Grant: property.
18:04
Annette Grant: What
18:04
Annette Grant: happened?
18:05
Annette Grant: I
18:05
Annette Grant: mean,
18:05
Annette Grant: it
18:06
Annette Grant: just
18:06
Annette Grant: seems
18:06
Annette Grant: like
18:06
Annette Grant: no
18:06
Annette Grant: matter
18:07
Annette Grant: what
18:07
Annette Grant: guardrails
18:08
Annette Grant: we
18:08
Annette Grant: put
18:08
Annette Grant: in
18:08
Annette Grant: place,
18:09
Annette Grant: there
18:10
Annette Grant: are.
18:11
Annette Grant: Expenses
18:11
Annette Grant: that
18:11
Annette Grant: are
18:11
Annette Grant: being
18:12
Annette Grant: mingled,
18:12
Annette Grant: co-mingled.
18:13
Annette Grant: How,
18:14
Annette Grant: what
18:14
Annette Grant: do
18:14
Annette Grant: you
18:15
Annette Grant: talk
18:15
Annette Grant: to
18:15
Annette Grant: your,
18:15
Annette Grant: how
18:16
Annette Grant: do
18:16
Annette Grant: you,
18:17
Annette Grant: um,
18:17
Annette Grant: your
18:17
Annette Grant: clients.
18:18
Annette Grant: What's
18:19
Annette Grant: the
18:19
Annette Grant: discussion?
18:20
Annette Grant: What's
18:20
Annette Grant: the
18:20
Annette Grant: like,
18:20
Annette Grant: keeping
18:21
Annette Grant: those
18:21
Annette Grant: things
18:21
Annette Grant: separate
18:22
Annette Grant: or
18:22
Annette Grant: a
18:22
Annette Grant: lot
18:22
Annette Grant: of
18:22
Annette Grant: times
18:23
Annette Grant: it's
18:23
Annette Grant: like,
18:23
Annette Grant: oh
18:23
Annette Grant: my
18:23
Annette Grant: gosh,
18:23
Annette Grant: we
18:24
Annette Grant: just
18:24
Annette Grant: needed
18:24
Annette Grant: to
18:24
Annette Grant: get
18:24
Annette Grant: stuff
18:25
Annette Grant: done
18:25
Annette Grant: and
18:25
Annette Grant: I
18:25
Annette Grant: needed
18:25
Annette Grant: to
18:25
Annette Grant: get
18:26
Annette Grant: that
18:26
Annette Grant: contractor
18:26
Annette Grant: a
18:26
Annette Grant: check
18:27
Annette Grant: or
18:27
Annette Grant: cash,
18:27
Annette Grant: so
18:27
Annette Grant: I
18:27
Annette Grant: just
18:28
Annette Grant: pulled
18:28
Annette Grant: it
18:28
Annette Grant: outta
18:28
Annette Grant: my
18:29
Annette Grant: personal
18:29
Annette Grant: account.
18:30
Annette Grant: What
18:30
Annette Grant: happens
18:30
Annette Grant: when
18:31
Annette Grant: you
18:31
Annette Grant: feel
18:31
Annette Grant: so
18:31
Annette Grant: overwhelmed
18:32
Annette Grant: you
18:32
Annette Grant: don't
18:32
Annette Grant: even
18:32
Annette Grant: know
18:33
Annette Grant: where
18:33
Annette Grant: to
18:33
Annette Grant: start?
18:33
Annette Grant: Because
18:34
Annette Grant: it
18:34
Annette Grant: started
18:34
Annette Grant: as
18:34
Annette Grant: a
18:34
Annette Grant: personal
18:35
Annette Grant: home
18:35
Annette Grant: and
18:35
Annette Grant: then
18:35
Annette Grant: it
18:35
Annette Grant: went
18:35
Annette Grant: to
18:35
Annette Grant: a
18:35
Annette Grant: short-term
18:36
Annette Grant: rental,
18:36
Annette Grant: or
18:37
Annette Grant: you
18:37
Annette Grant: know,
18:37
Annette Grant: all
18:37
Annette Grant: the
18:37
Annette Grant: things
18:37
Annette Grant: just
18:38
Annette Grant: get
18:38
Annette Grant: co-mingled
18:38
Annette Grant: and
18:38
Annette Grant: it's
18:39
Annette Grant: very
18:39
Annette Grant: common.
18:39
Annette Grant: I
18:40
Annette Grant: think
18:40
Annette Grant: every
18:40
Annette Grant: host
18:40
Annette Grant: listening
18:41
Annette Grant: can
18:41
Annette Grant: feel
18:42
Annette Grant: that
18:42
Annette Grant: pain
18:42
Annette Grant: of
18:42
Annette Grant: like,
18:43
Annette Grant: I
18:43
Annette Grant: don't
18:43
Annette Grant: even
18:44
Annette Grant: know
18:44
Annette Grant: what's
18:44
Annette Grant: what.
18:45
Annette Grant: What
18:45
Annette Grant: do
18:45
Annette Grant: you
18:45
Annette Grant: advise
18:46
Annette Grant: your
18:46
Annette Grant: clients
18:46
Annette Grant: on
18:47
Annette Grant: how
18:47
Annette Grant: to
18:47
Annette Grant: clean
18:47
Annette Grant: that
18:47
Annette Grant: up
18:48
Annette Grant: or,
18:48
Annette Grant: you
18:48
Annette Grant: know,
18:49
Annette Grant: move
18:49
Annette Grant: forward
18:49
Annette Grant: after
18:50
Annette Grant: they
18:50
Annette Grant: feel
18:50
Annette Grant: like
18:50
Annette Grant: they've
18:50
Annette Grant: kind
18:50
Annette Grant: of
18:50
Annette Grant: dug
18:51
Annette Grant: themselves
18:51
Annette Grant: this
18:51
Annette Grant: like
18:52
Annette Grant: expense
18:53
Annette Grant: hole
18:53
Annette Grant: that
18:53
Annette Grant: they
18:53
Annette Grant: don't
18:53
Annette Grant: know
18:53
Annette Grant: how
18:54
Annette Grant: to
18:54
Annette Grant: like,
18:54
Annette Grant: get
18:54
Annette Grant: out
18:55
Annette Grant: of,
18:55
Annette Grant: of,
18:55
Annette Grant: of
18:56
Annette Grant: making
18:56
Annette Grant: sure
18:56
Annette Grant: they're
18:56
Annette Grant: in
18:57
Annette Grant: the
18:57
Annette Grant: right
18:57
Annette Grant: buckets.
18:58
Amanda Han: Yeah.
18:59
Amanda Han: I
18:59
Amanda Han: mean,
18:59
Amanda Han: it's,
18:59
Amanda Han: it's
19:00
Amanda Han: never
19:00
Amanda Han: too
19:01
Amanda Han: late
19:02
Amanda Han: to
19:02
Amanda Han: start.
19:03
Amanda Han: Um,
19:03
Amanda Han: and
19:04
Amanda Han: I'll
19:04
Amanda Han: tell
19:04
Amanda Han: you
19:04
Amanda Han: the,
19:04
Amanda Han: I
19:05
Amanda Han: think
19:05
Amanda Han: the
19:05
Amanda Han: reason
19:06
Amanda Han: people
19:06
Amanda Han: co-mingle,
19:07
Amanda Han: like
19:07
Amanda Han: you
19:07
Amanda Han: said,
19:07
Amanda Han: I'm
19:07
Amanda Han: just,
19:08
Amanda Han: there's
19:08
Amanda Han: a
19:08
Amanda Han: contractor
19:09
Amanda Han: I
19:09
Amanda Han: need
19:09
Amanda Han: to
19:09
Amanda Han: pay
19:09
Amanda Han: 'em
19:09
Amanda Han: today.
19:10
Amanda Han: Here's
19:10
Amanda Han: my
19:10
Amanda Han: personal
19:11
Amanda Han: checkbook.
19:12
Amanda Han: Uh,
19:12
Amanda Han: I
19:12
Amanda Han: would
19:12
Amanda Han: say
19:13
Amanda Han: that
19:13
Amanda Han: the
19:13
Amanda Han: majority
19:14
Amanda Han: of
19:14
Amanda Han: the
19:14
Amanda Han: reason
19:15
Amanda Han: these
19:15
Amanda Han: co-mingling
19:16
Amanda Han: occur
19:16
Amanda Han: is
19:16
Amanda Han: because
19:17
Amanda Han: your
19:17
Amanda Han: accounts
19:17
Amanda Han: are
19:17
Amanda Han: not
19:18
Amanda Han: properly
19:18
Amanda Han: funded.
19:19
Amanda Han: Okay?
19:20
Amanda Han: Mm.
19:20
Amanda Han: So,
19:20
Amanda Han: mania,
19:20
Amanda Han: I
19:20
Amanda Han: have
19:20
Amanda Han: an
19:20
Amanda Han: LLC
19:21
Amanda Han: account.
19:22
Amanda Han: There's
19:22
Amanda Han: $500
19:23
Amanda Han: in
19:23
Amanda Han: there.
19:23
Amanda Han: I
19:24
Amanda Han: need
19:24
Amanda Han: to
19:24
Amanda Han: pay
19:24
Amanda Han: an
19:24
Amanda Han: invoice
19:25
Amanda Han: for
19:25
Amanda Han: 1200.
19:27
Amanda Han: There's
19:27
Amanda Han: no
19:27
Amanda Han: money
19:27
Amanda Han: there
19:27
Amanda Han: if
19:27
Amanda Han: I'm
19:28
Amanda Han: paying
19:28
Amanda Han: it
19:28
Amanda Han: here.
19:29
Amanda Han: But
19:29
Amanda Han: if
19:29
Amanda Han: my
19:30
Amanda Han: LLC
19:31
Amanda Han: account
19:31
Amanda Han: is
19:31
Amanda Han: always
19:31
Amanda Han: well
19:32
Amanda Han: funded,
19:32
Amanda Han: like
19:32
Amanda Han: I
19:33
Amanda Han: always
19:33
Amanda Han: have
19:33
Amanda Han: a
19:34
Amanda Han: cushion
19:34
Amanda Han: of
19:34
Amanda Han: $5,000
19:36
Amanda Han: from
19:36
Amanda Han: my
19:36
Amanda Han: personal
19:36
Amanda Han: into
19:37
Amanda Han: that
19:37
Amanda Han: account,
19:37
Amanda Han: I
19:37
Amanda Han: replenish
19:38
Amanda Han: it.
19:38
Amanda Han: When
19:38
Amanda Han: it
19:38
Amanda Han: goes
19:38
Amanda Han: beyond
19:39
Amanda Han: 4,000,
19:40
Amanda Han: then
19:40
Amanda Han: you
19:40
Amanda Han: are
19:41
Amanda Han: less
19:41
Amanda Han: likely
19:42
Amanda Han: to
19:42
Amanda Han: have
19:42
Amanda Han: these
19:42
Amanda Han: kinds
19:43
Amanda Han: of
19:43
Amanda Han: issues
19:43
Amanda Han: happen.
19:43
Amanda Han: 'cause
19:43
Amanda Han: there's
19:44
Amanda Han: always
19:44
Amanda Han: money
19:44
Amanda Han: in
19:45
Amanda Han: that
19:45
Amanda Han: account.
19:45
Amanda Han: Mm-hmm.
19:46
Amanda Han: Right.
19:46
Amanda Han: Um,
19:47
Amanda Han: and
19:47
Amanda Han: I
19:47
Amanda Han: think
19:47
Amanda Han: it's,
19:48
Amanda Han: it's
19:48
Amanda Han: just
19:48
Amanda Han: a
19:48
Amanda Han: matter
19:48
Amanda Han: of.
19:50
Amanda Han: Setting
19:50
Amanda Han: up
19:50
Amanda Han: the
19:50
Amanda Han: systems
19:51
Amanda Han: so
19:51
Amanda Han: that
19:51
Amanda Han: there's
19:52
Amanda Han: enough
19:52
Amanda Han: funds
19:53
Amanda Han: in
19:53
Amanda Han: there.
19:53
Amanda Han: Um,
19:53
Amanda Han: you
19:54
Amanda Han: mentioned
19:54
Amanda Han: Costco.
19:54
Amanda Han: That's
19:55
Amanda Han: a
19:55
Amanda Han: common
19:55
Amanda Han: one.
19:55
Amanda Han: Like
19:55
Amanda Han: even
19:56
Amanda Han: for
19:56
Amanda Han: me
19:56
Amanda Han: too.
19:56
Amanda Han: So,
19:58
Amanda Han: um,
19:58
Amanda Han: like
19:58
Amanda Han: for
19:59
Amanda Han: me,
19:59
Amanda Han: I
19:59
Amanda Han: have
19:59
Amanda Han: like
19:59
Amanda Han: a
19:59
Amanda Han: really
19:59
Amanda Han: tiny
20:00
Amanda Han: wallet
20:00
Amanda Han: and
20:00
Amanda Han: my
20:01
Amanda Han: wallet
20:01
Amanda Han: is
20:01
Amanda Han: a
20:01
Amanda Han: personal
20:01
Amanda Han: card
20:02
Amanda Han: and
20:02
Amanda Han: a
20:02
Amanda Han: business
20:02
Amanda Han: card.
20:03
Amanda Han: So
20:03
Amanda Han: even
20:04
Amanda Han: at
20:04
Amanda Han: Costco,
20:05
Amanda Han: I
20:05
Amanda Han: have
20:05
Amanda Han: two
20:05
Amanda Han: transactions
20:06
Amanda Han: for
20:06
Amanda Han: checkout.
20:07
Amanda Han: If
20:07
Amanda Han: it's
20:07
Amanda Han: for
20:07
Amanda Han: the
20:08
Amanda Han: office
20:08
Amanda Han: or
20:08
Amanda Han: work
20:08
Amanda Han: stuff,
20:09
Amanda Han: I
20:09
Amanda Han: use
20:09
Amanda Han: one
20:09
Amanda Han: card
20:10
Amanda Han: and
20:10
Amanda Han: my
20:10
Amanda Han: next
20:10
Amanda Han: transaction
20:10
Amanda Han: is
20:11
Amanda Han: my
20:11
Amanda Han: own
20:11
Amanda Han: card.
20:12
Amanda Han: Um,
20:12
Amanda Han: Amazon.
20:13
Amanda Han: So
20:13
Amanda Han: my
20:14
Amanda Han: little
20:14
Amanda Han: trick
20:14
Amanda Han: is
20:14
Amanda Han: my,
20:15
Amanda Han: you
20:15
Amanda Han: know,
20:15
Amanda Han: in
20:15
Amanda Han: Amazon
20:15
Amanda Han: you
20:15
Amanda Han: have
20:15
Amanda Han: a
20:16
Amanda Han: default
20:16
Amanda Han: card.
20:17
Amanda Han: Like
20:17
Amanda Han: we
20:17
Amanda Han: have
20:17
Amanda Han: just
20:18
Amanda Han: the
20:18
Amanda Han: same
20:18
Amanda Han: account,
20:19
Amanda Han: but
20:19
Amanda Han: you
20:19
Amanda Han: pay
20:19
Amanda Han: with
20:19
Amanda Han: different
20:19
Amanda Han: cards.
20:20
Amanda Han: Mm-hmm.
20:20
Amanda Han: My
20:20
Amanda Han: default
20:21
Amanda Han: card
20:21
Amanda Han: is
20:21
Amanda Han: my
20:21
Amanda Han: business
20:21
Amanda Han: card.
20:22
Amanda Han: 'cause
20:22
Amanda Han: I
20:22
Amanda Han: always
20:22
Amanda Han: wanna
20:23
Amanda Han: remind
20:23
Amanda Han: myself
20:23
Amanda Han: like,
20:24
Amanda Han: is
20:24
Amanda Han: this
20:24
Amanda Han: something
20:25
Amanda Han: business?
20:25
Amanda Han: And
20:25
Amanda Han: if
20:26
Amanda Han: it's
20:26
Amanda Han: not
20:26
Amanda Han: business,
20:27
Amanda Han: then
20:27
Amanda Han: you
20:27
Amanda Han: know
20:27
Amanda Han: you
20:27
Amanda Han: manually
20:28
Amanda Han: put
20:29
Amanda Han: it
20:29
Amanda Han: on
20:29
Amanda Han: the
20:29
Amanda Han: personal
20:30
Amanda Han: card.
20:30
Amanda Han: So
20:31
Amanda Han: just
20:31
Amanda Han: little
20:31
Amanda Han: things
20:31
Amanda Han: like
20:32
Amanda Han: that.
20:32
Amanda Han: I
20:32
Amanda Han: mean,
20:32
Amanda Han: what
20:32
Amanda Han: works
20:32
Amanda Han: for
20:33
Amanda Han: one
20:33
Amanda Han: investor
20:33
Amanda Han: might
20:33
Amanda Han: not
20:34
Amanda Han: work
20:34
Amanda Han: for
20:34
Amanda Han: another,
20:35
Amanda Han: but
20:35
Amanda Han: I
20:35
Amanda Han: would
20:35
Amanda Han: say
20:35
Amanda Han: at
20:36
Amanda Han: a
20:36
Amanda Han: baseline,
20:37
Amanda Han: make
20:37
Amanda Han: sure
20:37
Amanda Han: you
20:37
Amanda Han: have
20:38
Amanda Han: a
20:38
Amanda Han: different
20:38
Amanda Han: bank
20:39
Amanda Han: account
20:40
Amanda Han: for
20:40
Amanda Han: your
20:40
Amanda Han: investment
20:41
Amanda Han: properties.
20:42
Amanda Han: Separate
20:42
Amanda Han: from
20:43
Amanda Han: personal,
20:43
Amanda Han: even
20:44
Amanda Han: if
20:44
Amanda Han: you
20:44
Amanda Han: don't
20:44
Amanda Han: have
20:44
Amanda Han: an
20:44
Amanda Han: LLC.
20:45
Amanda Han: Right.
20:45
Amanda Han: I
20:45
Amanda Han: would
20:46
Amanda Han: have
20:46
Amanda Han: Amanda
20:46
Amanda Han: Han's
20:46
Amanda Han: personal
20:47
Amanda Han: account,
20:47
Amanda Han: and
20:47
Amanda Han: just
20:47
Amanda Han: Amanda
20:48
Amanda Han: Hahn
20:48
Amanda Han: real
20:49
Amanda Han: Estate
20:49
Amanda Han: that
20:49
Amanda Han: I'll
20:49
Amanda Han: call
20:50
Amanda Han: it.
20:50
Amanda Han: Mm-hmm.
20:50
Amanda Han: And
20:50
Amanda Han: try
20:51
Amanda Han: to
20:51
Amanda Han: use
20:51
Amanda Han: that
20:51
Amanda Han: because
20:51
Amanda Han: that
20:52
Amanda Han: makes
20:52
Amanda Han: things
20:52
Amanda Han: so
20:52
Amanda Han: much
20:52
Amanda Han: easier.
20:54
Amanda Han: For
20:54
Amanda Han: you.
20:54
Amanda Han: Bookkeeping
20:55
Amanda Han: time.
20:55
Amanda Han: Tax
20:55
Amanda Han: time.
20:56
Amanda Han: You
20:56
Amanda Han: don't
20:57
Amanda Han: have
20:57
Amanda Han: to
20:57
Amanda Han: go
20:57
Amanda Han: through
20:57
Amanda Han: thousands
20:58
Amanda Han: of
20:58
Amanda Han: transactions
20:58
Amanda Han: to
20:58
Amanda Han: pick
20:59
Amanda Han: out
20:59
Amanda Han: what's
20:59
Amanda Han: business,
21:00
Amanda Han: what's
21:00
Amanda Han: personal.
21:01
Annette Grant: And
21:01
Annette Grant: I
21:01
Annette Grant: know
21:02
Annette Grant: that
21:03
Annette Grant: just
21:03
Annette Grant: because
21:03
Annette Grant: I
21:03
Annette Grant: say
21:03
Annette Grant: we,
21:04
Annette Grant: we
21:04
Annette Grant: chat
21:04
Annette Grant: with
21:04
Annette Grant: hosts
21:05
Annette Grant: all
21:05
Annette Grant: the
21:05
Annette Grant: time.
21:05
Annette Grant: There's
21:05
Annette Grant: so
21:06
Annette Grant: there's
21:06
Annette Grant: a
21:06
Annette Grant: lot
21:06
Annette Grant: of
21:06
Annette Grant: hosts
21:06
Annette Grant: out
21:07
Annette Grant: there
21:07
Annette Grant: right
21:07
Annette Grant: now.
21:08
Annette Grant: They've
21:08
Annette Grant: already
21:08
Annette Grant: booked,
21:09
Annette Grant: you
21:09
Annette Grant: know,
21:09
Annette Grant: they
21:10
Annette Grant: tons
21:10
Annette Grant: of
21:10
Annette Grant: reservations
21:11
Annette Grant: for
21:11
Annette Grant: this
21:11
Annette Grant: year.
21:12
Annette Grant: Maybe
21:12
Annette Grant: they've
21:12
Annette Grant: had
21:12
Annette Grant: guests,
21:13
Annette Grant: they've
21:13
Annette Grant: already
21:13
Annette Grant: been
21:13
Annette Grant: brought
21:13
Annette Grant: and,
21:13
Annette Grant: and
21:14
Annette Grant: they
21:14
Annette Grant: have,
21:14
Annette Grant: it's,
21:14
Annette Grant: it's
21:14
Annette Grant: a,
21:14
Annette Grant: it's
21:15
Annette Grant: a
21:15
Annette Grant: personal
21:15
Annette Grant: account.
21:16
Annette Grant: So
21:16
Annette Grant: do
21:16
Annette Grant: you
21:16
Annette Grant: think
21:17
Annette Grant: just
21:17
Annette Grant: like
21:17
Annette Grant: they
21:17
Annette Grant: have
21:17
Annette Grant: to
21:18
Annette Grant: draw
21:18
Annette Grant: the
21:18
Annette Grant: line
21:18
Annette Grant: in
21:18
Annette Grant: the
21:18
Annette Grant: sand.
21:19
Annette Grant: Open
21:19
Annette Grant: up
21:19
Annette Grant: the
21:20
Annette Grant: business
21:20
Annette Grant: account
21:20
Annette Grant: and
21:20
Annette Grant: start
21:21
Annette Grant: fund
21:21
Annette Grant: it
21:21
Annette Grant: and
21:22
Annette Grant: then
21:22
Annette Grant: just
21:22
Annette Grant: start
21:22
Annette Grant: fresh.
21:23
Annette Grant: Like
21:23
Annette Grant: you
21:23
Annette Grant: gotta
21:23
Annette Grant: just,
21:24
Annette Grant: it
21:24
Annette Grant: doesn't
21:25
Annette Grant: matter
21:25
Annette Grant: if
21:25
Annette Grant: it's
21:25
Annette Grant: the
21:25
Annette Grant: middle
21:25
Annette Grant: of
21:25
Annette Grant: the
21:25
Annette Grant: year,
21:26
Annette Grant: after
21:27
Annette Grant: the
21:27
Annette Grant: first
21:27
Annette Grant: quarter,
21:28
Annette Grant: just
21:28
Annette Grant: start.
21:29
Annette Grant: Correct.
21:29
Annette Grant: Like,
21:29
Annette Grant: it's
21:30
Annette Grant: okay.
21:30
Annette Grant: Like,
21:30
Annette Grant: you
21:31
Annette Grant: know,
21:31
Annette Grant: I
21:31
Annette Grant: feel
21:31
Annette Grant: like,
21:32
Annette Grant: yeah,
21:32
Annette Grant: a
21:32
Annette Grant: lot
21:32
Annette Grant: of
21:32
Annette Grant: people
21:33
Annette Grant: want
21:33
Annette Grant: it
21:33
Annette Grant: to
21:33
Annette Grant: be
21:33
Annette Grant: this
21:33
Annette Grant: like
21:34
Annette Grant: beginning
21:34
Annette Grant: of
21:35
Annette Grant: the
21:35
Annette Grant: year.
21:35
Annette Grant: I
21:35
Annette Grant: know
21:35
Annette Grant: all
21:36
Annette Grant: the
21:36
Annette Grant: charges.
21:36
Annette Grant: So
21:36
Annette Grant: as
21:37
Annette Grant: a
21:37
Annette Grant: cpa,
21:37
Annette Grant: what
21:38
Annette Grant: would
21:38
Annette Grant: you
21:38
Annette Grant: like
21:38
Annette Grant: your
21:38
Annette Grant: client?
21:39
Annette Grant: Just
21:39
Annette Grant: like,
21:39
Annette Grant: Hey,
21:40
Annette Grant: as
21:40
Annette Grant: soon
21:41
Annette Grant: as,
21:41
Annette Grant: as
21:41
Annette Grant: soon
21:41
Annette Grant: as
21:41
Annette Grant: they
21:41
Annette Grant: can,
21:42
Annette Grant: what
21:42
Annette Grant: would
21:42
Annette Grant: you
21:42
Annette Grant: like
21:42
Annette Grant: to
21:42
Annette Grant: see
21:43
Annette Grant: them
21:43
Annette Grant: do?
21:43
Annette Grant: Yeah.
21:44
Annette Grant: To
21:44
Annette Grant: triage.
21:45
Amanda Han: I
21:45
Amanda Han: just
21:45
Amanda Han: feel
21:45
Amanda Han: like,
21:46
Amanda Han: yeah,
21:47
Amanda Han: sooner
21:47
Amanda Han: rather
21:48
Amanda Han: than
21:48
Amanda Han: later.
21:48
Amanda Han: Because
21:49
Amanda Han: you
21:49
Amanda Han: know,
21:50
Amanda Han: if
21:50
Amanda Han: we,
21:50
Amanda Han: again,
21:50
Amanda Han: if
21:51
Amanda Han: we're
21:51
Amanda Han: spending
21:52
Amanda Han: on
21:52
Amanda Han: the
21:52
Amanda Han: personal
21:53
Amanda Han: bank
21:53
Amanda Han: account,
21:53
Amanda Han: you're
21:53
Amanda Han: paying
21:54
Amanda Han: all
21:54
Amanda Han: sorts
21:54
Amanda Han: of
21:55
Amanda Han: things
21:55
Amanda Han: going
21:55
Amanda Han: through
21:55
Amanda Han: if
21:56
Amanda Han: you
21:56
Amanda Han: have
21:56
Amanda Han: kids,
21:56
Amanda Han: you
21:56
Amanda Han: know,
21:57
Amanda Han: there's
21:57
Amanda Han: just
21:57
Amanda Han: lots
21:57
Amanda Han: of
21:58
Amanda Han: stuff.
21:58
Amanda Han: Um,
21:59
Amanda Han: so
21:59
Amanda Han: if
22:00
Amanda Han: even
22:00
Amanda Han: starting
22:00
Amanda Han: today,
22:01
Amanda Han: you
22:01
Amanda Han: have
22:01
Amanda Han: a
22:01
Amanda Han: new
22:01
Amanda Han: bank
22:01
Amanda Han: account
22:02
Amanda Han: for
22:02
Amanda Han: your
22:02
Amanda Han: real
22:02
Amanda Han: estate.
22:02
Amanda Han: Well,
22:03
Amanda Han: bookkeeping
22:03
Amanda Han: is
22:03
Amanda Han: much,
22:04
Amanda Han: much
22:04
Amanda Han: simpler
22:05
Amanda Han: between
22:05
Amanda Han: now
22:06
Amanda Han: and
22:06
Amanda Han: even
22:06
Amanda Han: the
22:06
Amanda Han: end
22:06
Amanda Han: of
22:06
Amanda Han: the
22:07
Amanda Han: year.
22:07
Amanda Han: Right,
22:07
Amanda Han: because
22:07
Amanda Han: we
22:07
Amanda Han: have
22:08
Amanda Han: that
22:08
Amanda Han: bank
22:09
Amanda Han: statement
22:09
Amanda Han: we're
22:09
Amanda Han: gonna
22:09
Amanda Han: pull,
22:10
Amanda Han: we
22:10
Amanda Han: know
22:11
Amanda Han: what
22:11
Amanda Han: the
22:11
Amanda Han: deposits
22:12
Amanda Han: are,
22:12
Amanda Han: income
22:12
Amanda Han: or
22:13
Amanda Han: money
22:13
Amanda Han: I
22:13
Amanda Han: funded,
22:14
Amanda Han: and
22:14
Amanda Han: then
22:15
Amanda Han: the
22:15
Amanda Han: expenses
22:15
Amanda Han: are
22:15
Amanda Han: all
22:15
Amanda Han: business
22:16
Amanda Han: expense.
22:16
Amanda Han: Why?
22:16
Amanda Han: Because
22:17
Amanda Han: when
22:17
Amanda Han: I
22:17
Amanda Han: spent
22:18
Amanda Han: the
22:18
Amanda Han: money,
22:18
Amanda Han: I
22:19
Amanda Han: have
22:19
Amanda Han: already
22:19
Amanda Han: designated
22:20
Amanda Han: that
22:21
Amanda Han: to
22:21
Amanda Han: be
22:21
Amanda Han: paid
22:21
Amanda Han: from
22:22
Amanda Han: this
22:22
Amanda Han: specific
22:22
Amanda Han: account.
22:23
Sarah Karakaian: I
22:23
Sarah Karakaian: wanna
22:24
Sarah Karakaian: go
22:24
Sarah Karakaian: back
22:24
Sarah Karakaian: to
22:24
Sarah Karakaian: the
22:24
Sarah Karakaian: difference
22:25
Sarah Karakaian: between
22:25
Sarah Karakaian: being
22:25
Sarah Karakaian: a
22:25
Sarah Karakaian: real
22:26
Sarah Karakaian: estate
22:26
Sarah Karakaian: qualifying
22:27
Sarah Karakaian: to
22:27
Sarah Karakaian: be
22:27
Sarah Karakaian: a
22:27
Sarah Karakaian: real
22:27
Sarah Karakaian: estate
22:28
Sarah Karakaian: professional
22:28
Sarah Karakaian: versus
22:28
Sarah Karakaian: the
22:29
Sarah Karakaian: material
22:29
Sarah Karakaian: participation.
22:30
Sarah Karakaian: So
22:31
Sarah Karakaian: we
22:31
Sarah Karakaian: need
22:31
Sarah Karakaian: to
22:31
Sarah Karakaian: understand
22:31
Sarah Karakaian: the
22:31
Sarah Karakaian: difference
22:32
Sarah Karakaian: between
22:32
Sarah Karakaian: the
22:32
Sarah Karakaian: two
22:32
Sarah Karakaian: of
22:32
Sarah Karakaian: them
22:33
Sarah Karakaian: as
22:33
Sarah Karakaian: short-term
22:33
Sarah Karakaian: rental
22:33
Sarah Karakaian: investors.
22:34
Sarah Karakaian: So
22:34
Sarah Karakaian: what,
22:35
Sarah Karakaian: what,
22:35
Sarah Karakaian: what
22:35
Sarah Karakaian: are
22:36
Sarah Karakaian: those
22:36
Sarah Karakaian: differences?
22:37
Amanda Han: Well,
22:38
Amanda Han: so
22:39
Amanda Han: I
22:39
Amanda Han: would
22:39
Amanda Han: say
22:39
Amanda Han: first
22:39
Amanda Han: and
22:40
Amanda Han: foremost,
22:40
Amanda Han: if
22:40
Amanda Han: our
22:41
Amanda Han: audience
22:41
Amanda Han: is
22:41
Amanda Han: only
22:42
Amanda Han: investing
22:42
Amanda Han: in
22:42
Amanda Han: short
22:42
Amanda Han: term
22:43
Amanda Han: rentals,
22:43
Amanda Han: okay,
22:44
Amanda Han: then
22:44
Amanda Han: we
22:45
Amanda Han: don't
22:45
Amanda Han: even
22:45
Amanda Han: need
22:45
Amanda Han: to
22:45
Amanda Han: talk
22:45
Amanda Han: about
22:46
Amanda Han: real
22:46
Amanda Han: estate
22:46
Amanda Han: professional
22:47
Amanda Han: status
22:47
Amanda Han: because
22:47
Amanda Han: that's
22:47
Amanda Han: not
22:48
Amanda Han: relevant.
22:48
Sarah Karakaian: Okay.
22:49
Amanda Han: And,
22:49
Amanda Han: um,
22:50
Amanda Han: you
22:50
Amanda Han: know,
22:50
Amanda Han: I
22:50
Amanda Han: was
22:50
Amanda Han: mentioning
22:51
Amanda Han: earlier
22:51
Amanda Han: that
22:51
Amanda Han: actually
22:52
Amanda Han: this
22:52
Amanda Han: is
22:52
Amanda Han: probably
22:53
Amanda Han: one
22:53
Amanda Han: of
22:53
Amanda Han: the
22:53
Amanda Han: most
22:53
Amanda Han: common
22:54
Amanda Han: tax
22:54
Amanda Han: mistake
22:55
Amanda Han: areas
22:55
Amanda Han: I
22:55
Amanda Han: see
22:56
Amanda Han: even
22:56
Amanda Han: from
22:56
Amanda Han: CPAs.
22:57
Amanda Han: So
22:57
Amanda Han: here's
22:57
Amanda Han: a
22:57
Amanda Han: tip
22:58
Amanda Han: for
22:58
Amanda Han: our
22:58
Amanda Han: audience.
22:59
Amanda Han: Okay?
23:00
Amanda Han: If
23:00
Amanda Han: you
23:00
Amanda Han: invest
23:00
Amanda Han: in
23:00
Amanda Han: short
23:01
Amanda Han: term
23:01
Amanda Han: rentals
23:02
Amanda Han: and
23:02
Amanda Han: you
23:02
Amanda Han: talk
23:02
Amanda Han: to
23:02
Amanda Han: your
23:02
Amanda Han: CPA
23:03
Amanda Han: and
23:03
Amanda Han: they
23:03
Amanda Han: tell
23:04
Amanda Han: you,
23:04
Amanda Han: oh,
23:04
Amanda Han: you're
23:04
Amanda Han: not
23:04
Amanda Han: gonna
23:05
Amanda Han: get
23:05
Amanda Han: a
23:05
Amanda Han: benefit.
23:06
Amanda Han: Because
23:07
Amanda Han: you're
23:07
Amanda Han: not
23:07
Amanda Han: a
23:07
Amanda Han: real
23:07
Amanda Han: estate
23:08
Amanda Han: professional,
23:09
Amanda Han: that
23:09
Amanda Han: is
23:09
Amanda Han: the
23:09
Amanda Han: number
23:10
Amanda Han: one
23:10
Amanda Han: warning
23:10
Amanda Han: sign.
23:11
Amanda Han: You're
23:11
Amanda Han: working
23:11
Amanda Han: with
23:11
Amanda Han: the
23:11
Amanda Han: wrong
23:12
Amanda Han: person.
23:12
Amanda Han: Okay?
23:12
Amanda Han: Okay.
23:12
Amanda Han: So
23:13
Amanda Han: if,
23:13
Amanda Han: again,
23:13
Amanda Han: if
23:13
Amanda Han: you
23:14
Amanda Han: invest
23:14
Amanda Han: in
23:14
Amanda Han: short-term
23:14
Amanda Han: rentals
23:15
Amanda Han: and
23:15
Amanda Han: your
23:15
Amanda Han: CPA
23:16
Amanda Han: says
23:16
Amanda Han: anything
23:16
Amanda Han: about
23:16
Amanda Han: real
23:17
Amanda Han: estate
23:17
Amanda Han: professional,
23:18
Amanda Han: then
23:19
Amanda Han: they
23:19
Amanda Han: don't
23:20
Amanda Han: understand
23:20
Amanda Han: the
23:20
Amanda Han: short-term
23:21
Amanda Han: rental
23:21
Amanda Han: loophole
23:21
Amanda Han: because
23:21
Amanda Han: the
23:22
Amanda Han: loophole
23:22
Amanda Han: is
23:22
Amanda Han: that
23:23
Amanda Han: you
23:23
Amanda Han: don't
23:24
Amanda Han: need
23:24
Amanda Han: to
23:24
Amanda Han: be,
23:24
Amanda Han: right.
23:24
Amanda Han: So
23:25
Amanda Han: if
23:25
Amanda Han: I
23:25
Amanda Han: don't,
23:25
Amanda Han: if
23:25
Amanda Han: that's
23:25
Amanda Han: not
23:25
Amanda Han: a
23:25
Amanda Han: requirement,
23:26
Amanda Han: why
23:26
Amanda Han: are
23:26
Amanda Han: we
23:26
Amanda Han: even
23:26
Amanda Han: talking
23:27
Amanda Han: about
23:27
Amanda Han: it?
23:27
Sarah Karakaian: Okay.
23:28
Sarah Karakaian: Mm-hmm.
23:28
Sarah Karakaian: Great.
23:29
Sarah Karakaian: So
23:29
Sarah Karakaian: what
23:29
Sarah Karakaian: is
23:29
Sarah Karakaian: material
23:30
Sarah Karakaian: participation
23:31
Sarah Karakaian: then?
23:32
Amanda Han: Yes.
23:32
Amanda Han: So
23:32
Amanda Han: we
23:32
Amanda Han: only
23:32
Amanda Han: care
23:33
Amanda Han: about
23:33
Amanda Han: material
23:33
Amanda Han: participation.
23:34
Amanda Han: So
23:34
Amanda Han: material
23:34
Amanda Han: participation.
23:35
Amanda Han: There's
23:35
Amanda Han: a
23:35
Amanda Han: couple
23:35
Amanda Han: ways
23:36
Amanda Han: to,
23:37
Amanda Han: uh,
23:37
Amanda Han: qualify.
23:37
Amanda Han: There's
23:38
Amanda Han: actually
23:38
Amanda Han: seven
23:38
Amanda Han: ways
23:39
Amanda Han: we'll
23:39
Amanda Han: share
23:39
Amanda Han: the
23:40
Amanda Han: top
23:40
Amanda Han: three
23:41
Amanda Han: because
23:41
Amanda Han: the
23:41
Amanda Han: other
23:41
Amanda Han: ones,
23:42
Amanda Han: you
23:42
Amanda Han: know,
23:42
Amanda Han: virtually
23:42
Amanda Han: nobody
23:43
Amanda Han: really
23:43
Amanda Han: qualifies.
23:44
Amanda Han: So,
23:45
Amanda Han: um,
23:45
Amanda Han: material
23:46
Amanda Han: participation
23:46
Amanda Han: though,
23:47
Amanda Han: I'll,
23:47
Amanda Han: I'll
23:47
Amanda Han: give
23:47
Amanda Han: you
23:47
Amanda Han: the
23:47
Amanda Han: hours
23:48
Amanda Han: requirements
23:49
Amanda Han: and
23:49
Amanda Han: then
23:49
Amanda Han: I'll
23:49
Amanda Han: kind
23:49
Amanda Han: of
23:49
Amanda Han: define
23:50
Amanda Han: what
23:50
Amanda Han: those
23:50
Amanda Han: mean.
23:50
Amanda Han: Okay.
23:51
Amanda Han: So
23:51
Amanda Han: the
23:51
Amanda Han: first
23:51
Amanda Han: one
23:51
Amanda Han: is
23:51
Amanda Han: you
23:52
Amanda Han: and
23:52
Amanda Han: if
23:52
Amanda Han: you're
23:52
Amanda Han: married,
23:53
Amanda Han: a
23:53
Amanda Han: spouse
23:53
Amanda Han: combined
23:54
Amanda Han: have
23:54
Amanda Han: at
23:54
Amanda Han: least
23:55
Amanda Han: 500
23:55
Amanda Han: hours
23:56
Amanda Han: on
23:56
Amanda Han: your
23:56
Amanda Han: short
23:57
Amanda Han: term
23:57
Amanda Han: rentals.
23:58
Amanda Han: Okay,
23:58
Amanda Han: so
23:58
Amanda Han: you,
23:59
Amanda Han: and
23:59
Amanda Han: if
23:59
Amanda Han: you're
23:59
Amanda Han: married,
23:59
Amanda Han: both
23:59
Amanda Han: of
23:59
Amanda Han: you
24:00
Amanda Han: have
24:00
Amanda Han: 500
24:00
Amanda Han: hours
24:01
Amanda Han: on
24:01
Amanda Han: the
24:01
Amanda Han: short-term
24:01
Amanda Han: rentals.
24:02
Amanda Han: Then
24:02
Amanda Han: you've
24:02
Amanda Han: met
24:03
Amanda Han: material
24:03
Amanda Han: participation,
24:04
Amanda Han: which
24:04
Amanda Han: means
24:05
Amanda Han: create
24:05
Amanda Han: rental
24:06
Amanda Han: losses,
24:06
Amanda Han: offset
24:07
Amanda Han: W2
24:08
Amanda Han: business,
24:08
Amanda Han: all
24:08
Amanda Han: types
24:08
Amanda Han: of
24:09
Amanda Han: income.
24:10
Amanda Han: If
24:10
Amanda Han: you
24:10
Amanda Han: don't
24:10
Amanda Han: have
24:10
Amanda Han: 500
24:11
Amanda Han: hours,
24:11
Amanda Han: another
24:12
Amanda Han: way
24:12
Amanda Han: to
24:12
Amanda Han: qualify
24:13
Amanda Han: is
24:13
Amanda Han: if
24:13
Amanda Han: you
24:13
Amanda Han: have
24:13
Amanda Han: at
24:13
Amanda Han: least
24:13
Amanda Han: a
24:14
Amanda Han: hundred
24:14
Amanda Han: hours
24:15
Amanda Han: on
24:15
Amanda Han: the
24:15
Amanda Han: short-term
24:16
Amanda Han: rentals
24:16
Amanda Han: and
24:17
Amanda Han: nobody
24:17
Amanda Han: else
24:17
Amanda Han: has
24:18
Amanda Han: more
24:18
Amanda Han: time
24:18
Amanda Han: than
24:18
Amanda Han: you.
24:19
Amanda Han: So
24:19
Amanda Han: that
24:19
Amanda Han: would
24:19
Amanda Han: be
24:20
Amanda Han: like
24:20
Amanda Han: my
24:20
Amanda Han: cleaning
24:21
Amanda Han: crew
24:21
Amanda Han: had
24:21
Amanda Han: 80
24:22
Amanda Han: hours.
24:22
Amanda Han: I
24:22
Amanda Han: had
24:22
Amanda Han: 120.
24:24
Amanda Han: Great.
24:24
Amanda Han: I've
24:24
Amanda Han: met
24:24
Amanda Han: material
24:25
Amanda Han: participation.
24:26
Amanda Han: Now
24:26
Amanda Han: keep
24:26
Amanda Han: in
24:26
Amanda Han: mind
24:26
Amanda Han: it
24:26
Amanda Han: is
24:27
Amanda Han: you
24:27
Amanda Han: against,
24:28
Amanda Han: um,
24:28
Amanda Han: all
24:28
Amanda Han: other,
24:28
Amanda Han: like
24:29
Amanda Han: each
24:29
Amanda Han: other
24:29
Amanda Han: individual.
24:30
Amanda Han: So
24:30
Amanda Han: you
24:30
Amanda Han: always,
24:31
Amanda Han: you
24:31
Amanda Han: also
24:31
Amanda Han: have
24:31
Amanda Han: to
24:32
Amanda Han: compare
24:32
Amanda Han: your
24:32
Amanda Han: time
24:32
Amanda Han: against
24:33
Amanda Han: like
24:33
Amanda Han: the
24:33
Amanda Han: gardener,
24:34
Amanda Han: against
24:34
Amanda Han: the
24:34
Amanda Han: contractor,
24:35
Amanda Han: against,
24:35
Amanda Han: you
24:36
Amanda Han: know,
24:36
Amanda Han: each
24:36
Amanda Han: other
24:36
Amanda Han: person.
24:37
Annette Grant: Hmm.
24:38
Amanda Han: Um,
24:39
Amanda Han: so,
24:39
Amanda Han: and
24:39
Amanda Han: then
24:39
Amanda Han: the
24:39
Amanda Han: third
24:40
Amanda Han: way
24:40
Amanda Han: to
24:40
Amanda Han: potentially
24:41
Amanda Han: qualify
24:42
Amanda Han: is
24:42
Amanda Han: you
24:42
Amanda Han: have
24:42
Amanda Han: any
24:43
Amanda Han: number
24:43
Amanda Han: of
24:43
Amanda Han: hours,
24:44
Amanda Han: but
24:44
Amanda Han: your
24:44
Amanda Han: hours
24:45
Amanda Han: are
24:45
Amanda Han: more
24:45
Amanda Han: than
24:45
Amanda Han: everyone
24:46
Amanda Han: else
24:46
Amanda Han: combined.
24:47
Amanda Han: So
24:47
Amanda Han: in
24:47
Amanda Han: this
24:48
Amanda Han: scenario,
24:48
Amanda Han: we're
24:48
Amanda Han: adding
24:49
Amanda Han: up
24:49
Amanda Han: the
24:49
Amanda Han: hours
24:49
Amanda Han: of
24:50
Amanda Han: cleaning
24:50
Amanda Han: crew,
24:50
Amanda Han: gardener,
24:51
Amanda Han: landscaper,
24:52
Amanda Han: uh,
24:52
Amanda Han: contractor.
24:53
Amanda Han: If
24:53
Amanda Han: they
24:54
Amanda Han: total
24:55
Amanda Han: 30
24:55
Amanda Han: and
24:56
Amanda Han: you
24:56
Amanda Han: had
24:56
Amanda Han: 60,
24:56
Amanda Han: then
24:57
Amanda Han: you
24:57
Amanda Han: also
24:58
Amanda Han: met
24:58
Amanda Han: material
24:58
Amanda Han: participation.
24:59
Amanda Han: So
24:59
Amanda Han: any
24:59
Amanda Han: one
25:00
Amanda Han: of
25:00
Amanda Han: those
25:00
Amanda Han: three
25:01
Amanda Han: allows
25:01
Amanda Han: you
25:02
Amanda Han: to
25:02
Amanda Han: then
25:02
Amanda Han: use
25:02
Amanda Han: rental
25:03
Amanda Han: losses
25:03
Amanda Han: against
25:04
Amanda Han: all
25:04
Amanda Han: types
25:04
Amanda Han: of
25:04
Amanda Han: income.
25:05
Annette Grant: What
25:05
Annette Grant: if
25:05
Annette Grant: I
25:05
Annette Grant: have
25:06
Annette Grant: I
25:06
Annette Grant: hired
25:07
Annette Grant: a
25:07
Annette Grant: property
25:08
Annette Grant: manager,
25:09
Annette Grant: but
25:09
Annette Grant: I'm
25:10
Annette Grant: still
25:10
Annette Grant: spending
25:11
Annette Grant: time,
25:12
Annette Grant: um,
25:12
Annette Grant: on
25:12
Annette Grant: my
25:13
Annette Grant: property.
25:13
Annette Grant: Could
25:14
Annette Grant: I
25:14
Annette Grant: still
25:14
Annette Grant: qualify
25:15
Annette Grant: for
25:16
Annette Grant: the
25:16
Annette Grant: material
25:16
Annette Grant: participation?
25:18
Annette Grant: Is
25:18
Annette Grant: that
25:18
Annette Grant: a
25:18
Annette Grant: red
25:18
Annette Grant: flag
25:18
Annette Grant: to
25:19
Annette Grant: the
25:19
Annette Grant: IRS?
25:19
Annette Grant: Like,
25:19
Annette Grant: wait,
25:20
Annette Grant: why
25:20
Annette Grant: do
25:20
Annette Grant: you
25:20
Annette Grant: have
25:20
Annette Grant: a
25:20
Annette Grant: property
25:20
Annette Grant: manager
25:21
Annette Grant: and
25:21
Annette Grant: you're
25:21
Annette Grant: getting
25:22
Annette Grant: material
25:22
Annette Grant: participation?
25:24
Amanda Han: Yeah,
25:24
Amanda Han: it
25:25
Amanda Han: certainly,
25:25
Amanda Han: um,
25:26
Amanda Han: would
25:26
Amanda Han: be
25:26
Amanda Han: subject
25:27
Amanda Han: to
25:27
Amanda Han: more
25:27
Amanda Han: questioning
25:28
Amanda Han: if
25:28
Amanda Han: you're
25:28
Amanda Han: audited,
25:29
Amanda Han: right?
25:29
Amanda Han: Because
25:29
Amanda Han: if
25:29
Amanda Han: a
25:30
Amanda Han: property
25:30
Amanda Han: manager
25:31
Amanda Han: is
25:31
Amanda Han: doing
25:31
Amanda Han: a
25:31
Amanda Han: lot
25:31
Amanda Han: of
25:32
Amanda Han: this
25:32
Amanda Han: stuff,
25:32
Amanda Han: the
25:32
Amanda Han: question
25:32
Amanda Han: becomes
25:33
Amanda Han: what
25:34
Amanda Han: is
25:34
Amanda Han: it
25:34
Amanda Han: that
25:34
Amanda Han: you
25:35
Amanda Han: are
25:35
Amanda Han: doing?
25:35
Amanda Han: Okay.
25:35
Amanda Han: Um,
25:36
Amanda Han: but
25:36
Amanda Han: I
25:36
Amanda Han: would
25:36
Amanda Han: say
25:37
Amanda Han: it
25:37
Amanda Han: does
25:37
Amanda Han: not
25:38
Amanda Han: mean
25:39
Amanda Han: because
25:39
Amanda Han: you
25:39
Amanda Han: have
25:39
Amanda Han: a
25:39
Amanda Han: property
25:40
Amanda Han: manager,
25:40
Amanda Han: you
25:40
Amanda Han: cannot
25:41
Amanda Han: meet
25:41
Amanda Han: material
25:42
Amanda Han: participation.
25:43
Amanda Han: You
25:43
Amanda Han: just
25:43
Amanda Han: wanna
25:43
Amanda Han: be
25:44
Amanda Han: smart
25:44
Amanda Han: about
25:44
Amanda Han: what
25:45
Amanda Han: are
25:45
Amanda Han: they
25:45
Amanda Han: doing
25:46
Amanda Han: versus
25:47
Amanda Han: what
25:47
Amanda Han: are
25:47
Amanda Han: you
25:47
Amanda Han: doing.
25:48
Amanda Han: Um,
25:48
Amanda Han: I
25:48
Amanda Han: think
25:49
Amanda Han: it's
25:49
Amanda Han: important
25:49
Amanda Han: to
25:49
Amanda Han: define
25:50
Amanda Han: like.
25:50
Amanda Han: What
25:50
Amanda Han: are
25:50
Amanda Han: these
25:51
Amanda Han: hours?
25:51
Amanda Han: Right?
25:51
Amanda Han: Right.
25:51
Amanda Han: What,
25:52
Amanda Han: what
25:52
Amanda Han: counts
25:52
Amanda Han: as
25:52
Amanda Han: hours?
25:53
Amanda Han: What
25:53
Amanda Han: does
25:53
Amanda Han: not
25:53
Amanda Han: count
25:53
Amanda Han: as
25:53
Amanda Han: hours?
25:54
Amanda Han: Um,
25:55
Amanda Han: so
25:55
Amanda Han: for
25:55
Amanda Han: material
25:55
Amanda Han: participation,
25:57
Amanda Han: uh,
25:58
Amanda Han: the
25:58
Amanda Han: hours
25:59
Amanda Han: that
25:59
Amanda Han: the
25:59
Amanda Han: IRS
25:59
Amanda Han: looks
25:59
Amanda Han: for
26:00
Amanda Han: is
26:01
Amanda Han: things
26:01
Amanda Han: that
26:01
Amanda Han: you're
26:02
Amanda Han: doing
26:02
Amanda Han: that
26:02
Amanda Han: impact
26:03
Amanda Han: the
26:03
Amanda Han: day-to-day
26:04
Amanda Han: operations
26:05
Amanda Han: of
26:05
Amanda Han: your
26:05
Amanda Han: short-term
26:06
Amanda Han: rental.
26:07
Amanda Han: And
26:07
Amanda Han: so
26:08
Amanda Han: what
26:08
Amanda Han: would
26:08
Amanda Han: not
26:08
Amanda Han: count
26:09
Amanda Han: would
26:09
Amanda Han: be
26:10
Amanda Han: learning
26:11
Amanda Han: about
26:11
Amanda Han: how
26:11
Amanda Han: to
26:12
Amanda Han: invest,
26:13
Amanda Han: um,
26:13
Amanda Han: looking
26:14
Amanda Han: for
26:14
Amanda Han: properties,
26:15
Amanda Han: deal
26:15
Amanda Han: analysis,
26:16
Amanda Han: right?
26:16
Amanda Han: Those
26:16
Amanda Han: kinds
26:17
Amanda Han: of
26:17
Amanda Han: things.
26:17
Amanda Han: Going
26:17
Amanda Han: to
26:17
Amanda Han: a
26:17
Amanda Han: conference,
26:18
Amanda Han: 'cause
26:18
Amanda Han: those
26:18
Amanda Han: don't
26:19
Amanda Han: really,
26:19
Amanda Han: don't
26:19
Amanda Han: impact
26:19
Amanda Han: directly
26:20
Amanda Han: the
26:20
Amanda Han: day-to-day
26:20
Amanda Han: operations.
26:21
Amanda Han: Um,
26:22
Amanda Han: things
26:22
Amanda Han: that
26:22
Amanda Han: do
26:22
Amanda Han: count
26:23
Amanda Han: is
26:23
Amanda Han: you
26:23
Amanda Han: setting
26:24
Amanda Han: up
26:24
Amanda Han: your
26:24
Amanda Han: property,
26:25
Amanda Han: staging
26:25
Amanda Han: it,
26:25
Amanda Han: furnishing
26:26
Amanda Han: it,
26:27
Amanda Han: handling
26:27
Amanda Han: guest
26:28
Amanda Han: inquiries,
26:29
Amanda Han: coordinating
26:29
Amanda Han: contractors.
26:30
Amanda Han: Cleaning
26:31
Amanda Han: crew,
26:31
Amanda Han: you
26:31
Amanda Han: cleaning
26:32
Amanda Han: it,
26:33
Amanda Han: um,
26:33
Amanda Han: all
26:33
Amanda Han: those
26:34
Amanda Han: things
26:34
Amanda Han: are,
26:34
Amanda Han: you
26:34
Amanda Han: know,
26:34
Amanda Han: that
26:34
Amanda Han: impact
26:35
Amanda Han: the
26:35
Amanda Han: day-to-day
26:35
Amanda Han: operations,
26:37
Amanda Han: uh,
26:37
Amanda Han: are
26:37
Amanda Han: what
26:38
Amanda Han: is
26:38
Amanda Han: material
26:39
Amanda Han: participation
26:39
Amanda Han: hours.
26:40
Sarah Karakaian: How
26:40
Sarah Karakaian: do
26:40
Sarah Karakaian: you
26:41
Sarah Karakaian: recommend
26:42
Sarah Karakaian: short-term
26:42
Sarah Karakaian: rental
26:43
Sarah Karakaian: hosts
26:44
Sarah Karakaian: track
26:44
Sarah Karakaian: these
26:44
Sarah Karakaian: hours
26:45
Sarah Karakaian: so
26:45
Sarah Karakaian: that
26:45
Sarah Karakaian: should
26:46
Sarah Karakaian: they
26:46
Sarah Karakaian: get
26:46
Sarah Karakaian: audited,
26:46
Sarah Karakaian: they're
26:46
Sarah Karakaian: like,
26:47
Sarah Karakaian: oh,
26:47
Sarah Karakaian: here's
26:47
Sarah Karakaian: my
26:48
Sarah Karakaian: proof
26:48
Sarah Karakaian: that
26:48
Sarah Karakaian: I
26:49
Sarah Karakaian: have
26:49
Sarah Karakaian: 500
26:49
Sarah Karakaian: hours.
26:50
Sarah Karakaian: Is
26:50
Sarah Karakaian: it
26:50
Sarah Karakaian: like
26:50
Sarah Karakaian: a
26:50
Sarah Karakaian: spreadsheet
26:51
Sarah Karakaian: with,
26:51
Sarah Karakaian: or
26:51
Sarah Karakaian: is
26:52
Sarah Karakaian: a
26:52
Sarah Karakaian: Google
26:52
Sarah Karakaian: calendar
26:52
Sarah Karakaian: where
26:52
Sarah Karakaian: you
26:53
Sarah Karakaian: say,
26:53
Sarah Karakaian: like,
26:54
Sarah Karakaian: working
26:54
Sarah Karakaian: on
26:54
Sarah Karakaian: my
26:54
Sarah Karakaian: STR,
26:55
Sarah Karakaian: like
26:55
Sarah Karakaian: how,
26:55
Sarah Karakaian: how
26:55
Sarah Karakaian: do
26:55
Sarah Karakaian: you
26:56
Sarah Karakaian: see
26:56
Sarah Karakaian: that
26:56
Sarah Karakaian: being
26:56
Sarah Karakaian: most
26:56
Sarah Karakaian: successful?
26:58
Amanda Han: There
26:58
Amanda Han: are
26:58
Amanda Han: specific
26:59
Amanda Han: things
26:59
Amanda Han: you
26:59
Amanda Han: need
26:59
Amanda Han: to
26:59
Amanda Han: track.
27:00
Amanda Han: So
27:00
Amanda Han: you
27:00
Amanda Han: need
27:00
Amanda Han: to
27:00
Amanda Han: track
27:01
Amanda Han: the
27:01
Amanda Han: date,
27:01
Amanda Han: the
27:01
Amanda Han: number
27:02
Amanda Han: of
27:02
Amanda Han: hours,
27:02
Amanda Han: which
27:02
Amanda Han: property
27:03
Amanda Han: is
27:03
Amanda Han: it
27:03
Amanda Han: for,
27:04
Amanda Han: and
27:04
Amanda Han: what
27:04
Amanda Han: the
27:04
Amanda Han: task
27:05
Amanda Han: is.
27:05
Amanda Han: Um,
27:06
Amanda Han: and
27:07
Amanda Han: the
27:07
Amanda Han: methodology
27:07
Amanda Han: itself
27:08
Amanda Han: is
27:08
Amanda Han: pretty
27:08
Amanda Han: flexible.
27:09
Amanda Han: I
27:09
Amanda Han: always
27:09
Amanda Han: tell
27:09
Amanda Han: people
27:10
Amanda Han: it's
27:10
Amanda Han: whatever
27:10
Amanda Han: methodology
27:11
Amanda Han: works
27:12
Amanda Han: for
27:12
Amanda Han: you.
27:12
Amanda Han: Hmm.
27:12
Amanda Han: You
27:13
Amanda Han: know,
27:13
Amanda Han: because
27:13
Amanda Han: unlike
27:13
Amanda Han: bookkeeping,
27:14
Amanda Han: right,
27:14
Amanda Han: you
27:14
Amanda Han: have
27:14
Amanda Han: a
27:14
Amanda Han: bookkeeper.
27:15
Amanda Han: Track
27:15
Amanda Han: your
27:15
Amanda Han: books,
27:16
Amanda Han: but
27:16
Amanda Han: hours
27:16
Amanda Han: are
27:17
Amanda Han: typically
27:17
Amanda Han: tracked
27:17
Amanda Han: by
27:17
Amanda Han: you.
27:18
Amanda Han: I,
27:18
Amanda Han: I
27:18
Amanda Han: rarely
27:18
Amanda Han: have
27:18
Amanda Han: clients
27:19
Amanda Han: who
27:19
Amanda Han: have
27:19
Amanda Han: somebody
27:19
Amanda Han: else
27:19
Amanda Han: track
27:20
Amanda Han: their
27:20
Amanda Han: hours
27:21
Amanda Han: and,
27:21
Amanda Han: um,
27:22
Amanda Han: so
27:22
Amanda Han: it's
27:22
Amanda Han: gotta
27:22
Amanda Han: be
27:22
Amanda Han: something
27:23
Amanda Han: that
27:23
Amanda Han: works
27:23
Amanda Han: for
27:23
Amanda Han: you.
27:24
Amanda Han: Um,
27:24
Amanda Han: you
27:24
Amanda Han: know,
27:24
Amanda Han: a
27:24
Amanda Han: lot
27:25
Amanda Han: of
27:25
Amanda Han: our
27:25
Amanda Han: clients,
27:25
Amanda Han: we,
27:25
Amanda Han: we
27:26
Amanda Han: give
27:26
Amanda Han: them
27:26
Amanda Han: like
27:26
Amanda Han: an
27:26
Amanda Han: Excel.
27:27
Amanda Han: So
27:27
Amanda Han: they
27:27
Amanda Han: put
27:27
Amanda Han: into
27:28
Amanda Han: Google
27:28
Amanda Han: Sheet,
27:29
Amanda Han: pick
27:29
Amanda Han: it
27:29
Amanda Han: up
27:29
Amanda Han: on
27:29
Amanda Han: their
27:29
Amanda Han: phone.
27:30
Amanda Han: Uh,
27:30
Amanda Han: one
27:31
Amanda Han: of
27:31
Amanda Han: our
27:31
Amanda Han: clients
27:31
Amanda Han: actually
27:32
Amanda Han: created
27:32
Amanda Han: an
27:32
Amanda Han: app
27:33
Amanda Han: to
27:33
Amanda Han: track
27:33
Amanda Han: it.
27:34
Amanda Han: It's
27:34
Amanda Han: called
27:34
Amanda Han: Reps
27:34
Amanda Han: Tracker,
27:35
Amanda Han: REPS
27:36
Amanda Han: Tracker.
27:37
Sarah Karakaian: Okay.
27:37
Amanda Han: Um.
27:38
Amanda Han: So
27:39
Amanda Han: that's
27:39
Amanda Han: like
27:39
Amanda Han: a
27:39
Amanda Han: really
27:39
Amanda Han: cool
27:40
Amanda Han: one
27:40
Amanda Han: that
27:40
Amanda Han: tracks
27:40
Amanda Han: long-term
27:41
Amanda Han: and
27:41
Amanda Han: short-term
27:41
Amanda Han: rental
27:42
Amanda Han: separately.
27:42
Amanda Han: It's
27:42
Amanda Han: like
27:43
Amanda Han: there's
27:43
Amanda Han: two
27:43
Amanda Han: different
27:43
Amanda Han: modules.
27:44
Amanda Han: Right.
27:44
Amanda Han: Cool.
27:44
Amanda Han: Because
27:44
Amanda Han: they're
27:45
Amanda Han: two
27:45
Amanda Han: different
27:45
Amanda Han: things.
27:46
Amanda Han: Yeah.
27:46
Amanda Han: And
27:47
Amanda Han: so,
27:47
Amanda Han: um,
27:47
Amanda Han: yeah,
27:48
Amanda Han: calendar
27:48
Amanda Han: is
27:48
Amanda Han: fine
27:49
Amanda Han: as
27:49
Amanda Han: well.
27:49
Amanda Han: Calendar's
27:50
Amanda Han: a
27:50
Amanda Han: little
27:51
Amanda Han: bit
27:51
Amanda Han: harder.
27:51
Amanda Han: Just,
27:52
Amanda Han: I
27:52
Amanda Han: mean,
27:52
Amanda Han: it
27:52
Amanda Han: depends
27:52
Amanda Han: how
27:52
Amanda Han: you
27:53
Amanda Han: use
27:53
Amanda Han: it.
27:53
Amanda Han: Mm-hmm.
27:53
Amanda Han: But
27:54
Amanda Han: you,
27:54
Amanda Han: you
27:54
Amanda Han: just
27:54
Amanda Han: wanna
27:54
Amanda Han: make
27:54
Amanda Han: sure
27:55
Amanda Han: you
27:55
Amanda Han: have
27:55
Amanda Han: those,
27:55
Amanda Han: um,
27:56
Amanda Han: you
27:56
Amanda Han: know,
27:56
Amanda Han: property.
27:57
Amanda Han: Address,
27:58
Amanda Han: time,
27:59
Amanda Han: date,
28:00
Amanda Han: how
28:00
Amanda Han: many
28:00
Amanda Han: hours
28:00
Amanda Han: you
28:01
Amanda Han: spent
28:01
Amanda Han: on
28:01
Amanda Han: this.
28:01
Sarah Karakaian: If
28:02
Sarah Karakaian: you
28:02
Sarah Karakaian: have
28:02
Sarah Karakaian: more
28:02
Sarah Karakaian: than
28:02
Sarah Karakaian: one
28:03
Sarah Karakaian: property,
28:04
Sarah Karakaian: do
28:04
Sarah Karakaian: you
28:04
Sarah Karakaian: have
28:04
Sarah Karakaian: to
28:04
Sarah Karakaian: meet
28:04
Sarah Karakaian: 500
28:05
Sarah Karakaian: hours
28:05
Sarah Karakaian: per
28:06
Sarah Karakaian: property
28:06
Sarah Karakaian: to
28:07
Sarah Karakaian: take
28:07
Sarah Karakaian: off
28:07
Sarah Karakaian: the
28:07
Sarah Karakaian: loss
28:07
Sarah Karakaian: from
28:08
Sarah Karakaian: that
28:08
Sarah Karakaian: property,
28:08
Sarah Karakaian: or
28:08
Sarah Karakaian: is
28:09
Sarah Karakaian: it
28:09
Sarah Karakaian: holistically?
28:10
Amanda Han: Yeah.
28:11
Amanda Han: That's
28:11
Amanda Han: a
28:11
Amanda Han: great
28:12
Amanda Han: question.
28:13
Amanda Han: And
28:13
Amanda Han: um,
28:14
Amanda Han: so
28:14
Amanda Han: typically
28:14
Amanda Han: the
28:14
Amanda Han: default
28:15
Amanda Han: rule
28:15
Amanda Han: is
28:15
Amanda Han: you
28:16
Amanda Han: have
28:16
Amanda Han: to
28:16
Amanda Han: meet
28:16
Amanda Han: material
28:16
Amanda Han: participation
28:17
Amanda Han: for
28:18
Amanda Han: each
28:18
Amanda Han: property.
28:19
Amanda Han: However,
28:20
Amanda Han: we
28:20
Amanda Han: can
28:20
Amanda Han: make
28:21
Amanda Han: what's
28:21
Amanda Han: called
28:21
Amanda Han: a
28:21
Amanda Han: grouping
28:22
Amanda Han: election.
28:23
Amanda Han: So
28:23
Amanda Han: grouping
28:23
Amanda Han: election
28:23
Amanda Han: then
28:24
Amanda Han: allows
28:24
Amanda Han: you
28:24
Amanda Han: to
28:24
Amanda Han: tell
28:24
Amanda Han: the
28:24
Amanda Han: IS,
28:25
Amanda Han: Hey,
28:25
Amanda Han: I've
28:25
Amanda Han: got
28:26
Amanda Han: five
28:26
Amanda Han: short
28:26
Amanda Han: term
28:26
Amanda Han: rentals.
28:27
Amanda Han: I'm
28:27
Amanda Han: grouping
28:27
Amanda Han: them
28:27
Amanda Han: together
28:28
Amanda Han: for
28:28
Amanda Han: hours
28:28
Amanda Han: purposes.
28:29
Amanda Han: Right.
28:29
Amanda Han: Just
28:29
Amanda Han: for
28:29
Amanda Han: hours.
28:30
Amanda Han: I'm
28:30
Amanda Han: not
28:30
Amanda Han: combining
28:31
Amanda Han: them
28:31
Amanda Han: in
28:31
Amanda Han: real
28:31
Amanda Han: life.
28:31
Amanda Han: Mm-hmm.
28:32
Amanda Han: For
28:32
Amanda Han: hours
28:32
Amanda Han: purposes,
28:33
Amanda Han: I
28:33
Amanda Han: wanna
28:33
Amanda Han: group
28:33
Amanda Han: them
28:33
Amanda Han: together
28:34
Amanda Han: to
28:34
Amanda Han: meet
28:34
Amanda Han: material
28:35
Amanda Han: participation
28:35
Amanda Han: hours.
28:36
Amanda Han: Hmm.
28:36
Amanda Han: And
28:36
Amanda Han: so
28:37
Amanda Han: this
28:37
Amanda Han: works
28:37
Amanda Han: really
28:38
Amanda Han: well
28:38
Amanda Han: for
28:38
Amanda Han: a
28:38
Amanda Han: lot
28:38
Amanda Han: of
28:38
Amanda Han: our
28:39
Amanda Han: clients
28:39
Amanda Han: who
28:39
Amanda Han: maybe.
28:40
Amanda Han: Don't
28:40
Amanda Han: always
28:41
Amanda Han: invest
28:41
Amanda Han: locally,
28:42
Amanda Han: right?
28:42
Amanda Han: Mm-hmm.
28:43
Amanda Han: So
28:43
Amanda Han: let's
28:43
Amanda Han: say
28:44
Amanda Han: it's
28:44
Amanda Han: somebody
28:45
Amanda Han: in
28:45
Amanda Han: Arizona
28:46
Amanda Han: who
28:46
Amanda Han: has
28:46
Amanda Han: a
28:46
Amanda Han: bunch
28:46
Amanda Han: of
28:46
Amanda Han: rentals,
28:47
Amanda Han: um,
28:48
Amanda Han: in
28:48
Amanda Han: Florida.
28:49
Amanda Han: And
28:49
Amanda Han: so
28:49
Amanda Han: what
28:49
Amanda Han: you
28:49
Amanda Han: could
28:50
Amanda Han: do
28:50
Amanda Han: is
28:50
Amanda Han: your
28:50
Amanda Han: Florida
28:50
Amanda Han: short-term
28:51
Amanda Han: rentals
28:51
Amanda Han: could
28:51
Amanda Han: be
28:52
Amanda Han: fully
28:52
Amanda Han: property
28:52
Amanda Han: manager
28:53
Amanda Han: managed.
28:53
Amanda Han: I
28:53
Amanda Han: don't
28:53
Amanda Han: do
28:53
Amanda Han: anything
28:54
Amanda Han: with
28:54
Amanda Han: them
28:54
Amanda Han: at
28:54
Amanda Han: all,
28:55
Amanda Han: but
28:55
Amanda Han: if
28:55
Amanda Han: I
28:55
Amanda Han: have
28:55
Amanda Han: one
28:56
Amanda Han: property
28:56
Amanda Han: that's
28:57
Amanda Han: local
28:57
Amanda Han: or
28:57
Amanda Han: close
28:58
Amanda Han: enough
28:58
Amanda Han: where
28:58
Amanda Han: I
28:58
Amanda Han: can
28:58
Amanda Han: self-manage
28:59
Amanda Han: now
29:00
Amanda Han: as
29:00
Amanda Han: long
29:00
Amanda Han: as
29:00
Amanda Han: I
29:00
Amanda Han: have
29:00
Amanda Han: 500
29:01
Amanda Han: hours,
29:01
Amanda Han: I
29:01
Amanda Han: group
29:02
Amanda Han: everything
29:02
Amanda Han: together.
29:02
Amanda Han: I
29:03
Amanda Han: do
29:03
Amanda Han: accelerated
29:04
Amanda Han: depreciation.
29:04
Amanda Han: Now
29:04
Amanda Han: I
29:05
Amanda Han: can
29:05
Amanda Han: use
29:05
Amanda Han: all
29:05
Amanda Han: of
29:05
Amanda Han: the
29:05
Amanda Han: losses
29:06
Amanda Han: against
29:07
Amanda Han: my
29:07
Amanda Han: W2
29:08
Amanda Han: income.
29:08
Sarah Karakaian: And
29:09
Sarah Karakaian: then
29:09
Sarah Karakaian: to
29:09
Sarah Karakaian: qualify
29:10
Sarah Karakaian: for
29:10
Sarah Karakaian: material
29:10
Sarah Karakaian: participation,
29:11
Sarah Karakaian: do
29:11
Sarah Karakaian: you
29:11
Sarah Karakaian: have
29:11
Sarah Karakaian: to
29:11
Sarah Karakaian: own
29:12
Sarah Karakaian: a
29:12
Sarah Karakaian: certain
29:12
Sarah Karakaian: percentage
29:13
Sarah Karakaian: of
29:13
Sarah Karakaian: the
29:13
Sarah Karakaian: LLC
29:14
Sarah Karakaian: or
29:14
Sarah Karakaian: the
29:14
Sarah Karakaian: entity
29:14
Sarah Karakaian: that
29:14
Sarah Karakaian: it's
29:15
Sarah Karakaian: in?
29:16
Sarah Karakaian: So
29:16
Sarah Karakaian: like
29:16
Sarah Karakaian: let's
29:16
Sarah Karakaian: say
29:16
Sarah Karakaian: you
29:17
Sarah Karakaian: own
29:17
Sarah Karakaian: 50%
29:18
Sarah Karakaian: of
29:19
Sarah Karakaian: a
29:19
Sarah Karakaian: property,
29:19
Sarah Karakaian: but
29:19
Sarah Karakaian: then
29:19
Sarah Karakaian: someone
29:20
Sarah Karakaian: you're
29:20
Sarah Karakaian: not
29:20
Sarah Karakaian: married
29:20
Sarah Karakaian: to
29:20
Sarah Karakaian: owns
29:21
Sarah Karakaian: the
29:21
Sarah Karakaian: other
29:21
Sarah Karakaian: 50%.
29:22
Sarah Karakaian: Do
29:22
Sarah Karakaian: you
29:22
Sarah Karakaian: still
29:23
Sarah Karakaian: have
29:23
Sarah Karakaian: the
29:23
Sarah Karakaian: 500
29:24
Sarah Karakaian: hours
29:24
Sarah Karakaian: to
29:24
Sarah Karakaian: qualify
29:24
Sarah Karakaian: to
29:25
Sarah Karakaian: offset?
29:27
Amanda Han: Um,
29:27
Amanda Han: so
29:28
Amanda Han: in
29:28
Amanda Han: a
29:28
Amanda Han: partnership
29:29
Amanda Han: scenario,
29:30
Amanda Han: um,
29:31
Amanda Han: that
29:31
Amanda Han: works
29:32
Amanda Han: fine.
29:32
Amanda Han: So
29:32
Amanda Han: let's
29:32
Amanda Han: say
29:32
Amanda Han: you
29:33
Amanda Han: and
29:33
Amanda Han: I
29:33
Amanda Han: are
29:33
Amanda Han: partners
29:34
Amanda Han: in
29:34
Amanda Han: an
29:34
Amanda Han: LLC
29:34
Amanda Han: and
29:35
Amanda Han: we
29:35
Amanda Han: decide
29:35
Amanda Han: to,
29:35
Amanda Han: you
29:36
Amanda Han: know,
29:36
Amanda Han: I
29:36
Amanda Han: mean,
29:36
Amanda Han: I
29:36
Amanda Han: wanna
29:37
Amanda Han: use
29:37
Amanda Han: the
29:37
Amanda Han: loophole,
29:37
Amanda Han: you
29:38
Amanda Han: also
29:38
Amanda Han: wanna
29:38
Amanda Han: use
29:38
Amanda Han: the
29:38
Amanda Han: loophole.
29:39
Amanda Han: Um,
29:39
Amanda Han: as
29:39
Amanda Han: long
29:40
Amanda Han: as
29:40
Amanda Han: we
29:40
Amanda Han: are
29:40
Amanda Han: separately
29:41
Amanda Han: going
29:41
Amanda Han: after
29:41
Amanda Han: the
29:41
Amanda Han: 500
29:42
Amanda Han: hours
29:42
Amanda Han: requirement,
29:43
Amanda Han: that
29:43
Amanda Han: should
29:43
Amanda Han: be
29:43
Amanda Han: fine.
29:44
Amanda Han: There's
29:44
Amanda Han: typically
29:44
Amanda Han: no
29:44
Amanda Han: issues
29:45
Amanda Han: around
29:45
Amanda Han: that.
29:46
Amanda Han: The
29:46
Amanda Han: issue
29:46
Amanda Han: typically
29:47
Amanda Han: comes
29:47
Amanda Han: in
29:47
Amanda Han: if
29:47
Amanda Han: we're
29:47
Amanda Han: trying
29:48
Amanda Han: to
29:48
Amanda Han: use
29:48
Amanda Han: one
29:48
Amanda Han: of
29:48
Amanda Han: the
29:48
Amanda Han: other
29:49
Amanda Han: requirements.
29:50
Amanda Han: So
29:50
Amanda Han: remember,
29:50
Amanda Han: 500
29:51
Amanda Han: is
29:51
Amanda Han: just
29:51
Amanda Han: one
29:51
Amanda Han: of
29:51
Amanda Han: them,
29:52
Amanda Han: right?
29:52
Amanda Han: I
29:52
Amanda Han: can
29:52
Amanda Han: also
29:52
Amanda Han: try
29:52
Amanda Han: to
29:52
Amanda Han: use
29:52
Amanda Han: the
29:52
Amanda Han: 100
29:53
Amanda Han: and
29:53
Amanda Han: more
29:54
Amanda Han: time
29:54
Amanda Han: than
29:54
Amanda Han: anyone
29:54
Amanda Han: else,
29:55
Amanda Han: but
29:55
Amanda Han: you
29:55
Amanda Han: can
29:55
Amanda Han: see
29:55
Amanda Han: logically
29:56
Amanda Han: that
29:56
Amanda Han: doesn't
29:56
Amanda Han: make
29:57
Amanda Han: sense.
29:57
Amanda Han: Like,
29:57
Amanda Han: I
29:57
Amanda Han: cannot
29:58
Amanda Han: have
29:58
Amanda Han: more
29:58
Amanda Han: than
29:58
Amanda Han: you
29:59
Amanda Han: and
29:59
Amanda Han: you
29:59
Amanda Han: also
29:59
Amanda Han: have
29:59
Amanda Han: more
30:00
Amanda Han: than
30:00
Amanda Han: me,
30:00
Amanda Han: right?
30:01
Amanda Han: So
30:01
Amanda Han: in
30:02
Amanda Han: the
30:02
Amanda Han: partnership
30:02
Amanda Han: scenarios,
30:03
Amanda Han: I
30:03
Amanda Han: think
30:03
Amanda Han: the
30:03
Amanda Han: facts
30:03
Amanda Han: that
30:03
Amanda Han: we
30:03
Amanda Han: see
30:04
Amanda Han: most
30:04
Amanda Han: often
30:04
Amanda Han: is
30:04
Amanda Han: we're
30:04
Amanda Han: in
30:04
Amanda Han: a
30:05
Amanda Han: deal
30:05
Amanda Han: together.
30:06
Amanda Han: I
30:06
Amanda Han: spend
30:06
Amanda Han: a
30:06
Amanda Han: little
30:07
Amanda Han: bit
30:07
Amanda Han: of
30:07
Amanda Han: time.
30:07
Amanda Han: You
30:07
Amanda Han: spend
30:08
Amanda Han: more
30:08
Amanda Han: time.
30:09
Amanda Han: Um,
30:09
Amanda Han: but
30:10
Amanda Han: it's
30:10
Amanda Han: where,
30:10
Amanda Han: like
30:10
Amanda Han: I
30:11
Amanda Han: use
30:11
Amanda Han: the
30:11
Amanda Han: 100
30:11
Amanda Han: hours
30:12
Amanda Han: on
30:12
Amanda Han: this
30:12
Amanda Han: one,
30:13
Amanda Han: but
30:13
Amanda Han: maybe
30:13
Amanda Han: you
30:13
Amanda Han: have
30:14
Amanda Han: 500
30:14
Amanda Han: across
30:15
Amanda Han: your
30:15
Amanda Han: other
30:15
Amanda Han: short
30:16
Amanda Han: term
30:16
Amanda Han: rental.
30:16
Amanda Han: Mm-hmm.
30:17
Amanda Han: So
30:17
Amanda Han: that
30:17
Amanda Han: could
30:17
Amanda Han: work
30:18
Amanda Han: as
30:18
Amanda Han: well.
30:19
Annette Grant: Can
30:19
Annette Grant: accelerated
30:20
Annette Grant: depreciation
30:21
Annette Grant: ever
30:21
Annette Grant: work
30:21
Annette Grant: against
30:22
Annette Grant: you?
30:22
Annette Grant: Let's
30:22
Annette Grant: say
30:22
Annette Grant: you
30:22
Annette Grant: buy
30:22
Annette Grant: a
30:22
Annette Grant: short
30:23
Annette Grant: term
30:23
Annette Grant: rental,
30:23
Annette Grant: you'd
30:24
Annette Grant: use
30:24
Annette Grant: a
30:24
Annette Grant: decel,
30:24
Annette Grant: um,
30:25
Annette Grant: the,
30:25
Annette Grant: um,
30:25
Annette Grant: accelerated
30:26
Annette Grant: depreciation
30:27
Annette Grant: and
30:27
Annette Grant: you
30:27
Annette Grant: sell
30:28
Annette Grant: it
30:28
Annette Grant: in
30:28
Annette Grant: 24
30:28
Annette Grant: months.
30:29
Annette Grant: Like,
30:30
Annette Grant: are
30:30
Annette Grant: there
30:30
Annette Grant: repercussions
30:31
Annette Grant: for
30:31
Annette Grant: over
30:32
Annette Grant: leveraging
30:33
Annette Grant: these
30:34
Annette Grant: tax
30:34
Annette Grant: loopholes
30:34
Annette Grant: and
30:35
Annette Grant: then.
30:35
Annette Grant: You're
30:35
Annette Grant: having
30:36
Annette Grant: to
30:36
Annette Grant: pay
30:36
Annette Grant: it
30:36
Annette Grant: because
30:36
Annette Grant: you
30:37
Annette Grant: accelerated
30:37
Annette Grant: too
30:37
Annette Grant: fast
30:38
Sarah Karakaian: and
30:38
Sarah Karakaian: maybe
30:38
Sarah Karakaian: you
30:39
Sarah Karakaian: share
30:39
Sarah Karakaian: Amanda,
30:40
Sarah Karakaian: to
30:40
Sarah Karakaian: someone
30:40
Sarah Karakaian: who
30:40
Sarah Karakaian: doesn't
30:40
Sarah Karakaian: know
30:40
Sarah Karakaian: what
30:40
Sarah Karakaian: that
30:41
Sarah Karakaian: means.
30:41
Sarah Karakaian: Like
30:41
Sarah Karakaian: what,
30:41
Sarah Karakaian: what
30:42
Sarah Karakaian: is
30:42
Sarah Karakaian: accelerated
30:42
Sarah Karakaian: depreciation?
30:43
Sarah Karakaian: Yeah.
30:43
Sarah Karakaian: How
30:43
Sarah Karakaian: is
30:43
Sarah Karakaian: it
30:43
Sarah Karakaian: different
30:44
Sarah Karakaian: than
30:44
Sarah Karakaian: regular
30:44
Sarah Karakaian: depreciation?
30:45
Sarah Karakaian: And
30:45
Sarah Karakaian: then
30:45
Sarah Karakaian: answer
30:46
Sarah Karakaian: and
30:46
Sarah Karakaian: ask
30:46
Sarah Karakaian: the
30:46
Sarah Karakaian: question.
30:46
Amanda Han: Yeah.
30:48
Amanda Han: Um,
30:48
Amanda Han: I
30:48
Amanda Han: love
30:48
Amanda Han: it.
30:49
Amanda Han: So.
30:50
Amanda Han: Um,
30:50
Amanda Han: the
30:50
Amanda Han: tax
30:51
Amanda Han: code
30:51
Amanda Han: allows
30:51
Amanda Han: us
30:51
Amanda Han: to
30:51
Amanda Han: take
30:52
Amanda Han: depreciation
30:53
Amanda Han: and
30:53
Amanda Han: it's,
30:53
Amanda Han: uh,
30:53
Amanda Han: basically
30:54
Amanda Han: the,
30:54
Amanda Han: it's
30:55
Amanda Han: under
30:55
Amanda Han: the
30:55
Amanda Han: premise
30:56
Amanda Han: that
30:57
Amanda Han: your
30:57
Amanda Han: building
30:57
Amanda Han: is
30:57
Amanda Han: gonna
30:58
Amanda Han: have
30:58
Amanda Han: wear
30:58
Amanda Han: and
30:58
Amanda Han: tear
30:59
Amanda Han: over
30:59
Amanda Han: time.
30:59
Amanda Han: So
31:00
Amanda Han: my
31:00
Amanda Han: $500,000
31:01
Amanda Han: building
31:01
Amanda Han: is
31:01
Amanda Han: not
31:02
Amanda Han: always
31:02
Amanda Han: gonna
31:02
Amanda Han: be
31:02
Amanda Han: like
31:03
Amanda Han: fully
31:03
Amanda Han: there.
31:03
Amanda Han: I
31:03
Amanda Han: mean,
31:04
Amanda Han: in
31:04
Amanda Han: reality
31:04
Amanda Han: it
31:04
Amanda Han: is,
31:04
Amanda Han: but
31:05
Amanda Han: wear
31:05
Amanda Han: and
31:05
Amanda Han: tear.
31:05
Amanda Han: So
31:05
Amanda Han: you're
31:06
Amanda Han: allowed
31:06
Amanda Han: to
31:06
Amanda Han: write
31:06
Amanda Han: it
31:06
Amanda Han: off.
31:07
Amanda Han: Um,
31:08
Amanda Han: usually
31:08
Amanda Han: for
31:08
Amanda Han: short
31:08
Amanda Han: term
31:09
Amanda Han: rentals,
31:09
Amanda Han: you
31:10
Amanda Han: write
31:10
Amanda Han: off
31:10
Amanda Han: over
31:10
Amanda Han: 39
31:11
Amanda Han: years.
31:12
Amanda Han: And
31:12
Amanda Han: so
31:12
Amanda Han: every
31:12
Amanda Han: year
31:13
Amanda Han: you
31:13
Amanda Han: take
31:13
Amanda Han: the
31:13
Amanda Han: building
31:14
Amanda Han: purchase
31:14
Amanda Han: price
31:15
Amanda Han: divide
31:15
Amanda Han: by
31:15
Amanda Han: 39.
31:16
Amanda Han: That's
31:16
Amanda Han: the
31:16
Amanda Han: amount
31:17
Amanda Han: of
31:17
Amanda Han: paper
31:17
Amanda Han: write
31:17
Amanda Han: off
31:18
Amanda Han: that
31:18
Amanda Han: you
31:18
Amanda Han: get
31:18
Amanda Han: to
31:18
Amanda Han: take
31:18
Amanda Han: every
31:19
Amanda Han: year.
31:19
Amanda Han: Um,
31:20
Amanda Han: now
31:21
Amanda Han: what
31:21
Amanda Han: the
31:21
Amanda Han: tax
31:21
Amanda Han: law
31:22
Amanda Han: also
31:22
Amanda Han: allows
31:23
Amanda Han: us
31:23
Amanda Han: to
31:23
Amanda Han: do
31:23
Amanda Han: is
31:23
Amanda Han: to
31:23
Amanda Han: say,
31:24
Amanda Han: well,
31:24
Amanda Han: this
31:25
Amanda Han: whole
31:25
Amanda Han: thing,
31:25
Amanda Han: the
31:25
Amanda Han: structure
31:26
Amanda Han: is
31:26
Amanda Han: not
31:27
Amanda Han: just
31:27
Amanda Han: a
31:27
Amanda Han: building,
31:28
Amanda Han: right?
31:28
Amanda Han: I
31:28
Amanda Han: can
31:29
Amanda Han: go
31:29
Amanda Han: in
31:29
Amanda Han: and
31:30
Amanda Han: analyze
31:30
Amanda Han: or
31:31
Amanda Han: break
31:31
Amanda Han: out
31:32
Amanda Han: what
31:32
Amanda Han: makes
31:32
Amanda Han: up
31:33
Amanda Han: that
31:33
Amanda Han: $500,000
31:34
Amanda Han: building.
31:35
Amanda Han: So
31:35
Amanda Han: breaking
31:35
Amanda Han: it
31:35
Amanda Han: out
31:36
Amanda Han: into
31:36
Amanda Han: specialty
31:36
Amanda Han: plumbing,
31:38
Amanda Han: uh,
31:38
Amanda Han: specialty
31:38
Amanda Han: electrical
31:39
Amanda Han: cabinets,
31:40
Amanda Han: certain
31:40
Amanda Han: types
31:40
Amanda Han: of
31:40
Amanda Han: flooring.
31:41
Amanda Han: And
31:42
Amanda Han: when
31:42
Amanda Han: they
31:42
Amanda Han: break
31:42
Amanda Han: out
31:42
Amanda Han: those
31:43
Amanda Han: components,
31:44
Amanda Han: then
31:44
Amanda Han: your
31:44
Amanda Han: CPA
31:46
Amanda Han: can
31:46
Amanda Han: help
31:46
Amanda Han: you
31:46
Amanda Han: calculate
31:47
Amanda Han: faster
31:47
Amanda Han: depreciation
31:48
Amanda Han: because
31:48
Amanda Han: those
31:49
Amanda Han: have,
31:49
Amanda Han: you
31:49
Amanda Han: know,
31:49
Amanda Han: wear
31:49
Amanda Han: and
31:49
Amanda Han: tear
31:50
Amanda Han: long
31:50
Amanda Han: mill
31:50
Amanda Han: much
31:51
Amanda Han: faster
31:51
Amanda Han: than
31:51
Amanda Han: 39
31:52
Amanda Han: years.
31:52
Amanda Han: So
31:52
Amanda Han: if
31:52
Amanda Han: it's
31:53
Amanda Han: five
31:53
Amanda Han: years,
31:54
Amanda Han: then
31:54
Amanda Han: I'm,
31:54
Amanda Han: instead
31:54
Amanda Han: of
31:54
Amanda Han: writing
31:55
Amanda Han: it
31:55
Amanda Han: off
31:55
Amanda Han: over
31:55
Amanda Han: 39,
31:56
Amanda Han: I
31:56
Amanda Han: can
31:56
Amanda Han: write
31:56
Amanda Han: it
31:56
Amanda Han: off
31:57
Amanda Han: a
31:57
Amanda Han: lot
31:57
Amanda Han: faster.
31:58
Amanda Han: And
31:58
Amanda Han: that's
31:59
Amanda Han: where
31:59
Amanda Han: you
31:59
Amanda Han: see
31:59
Amanda Han: people
31:59
Amanda Han: who
31:59
Amanda Han: say,
32:00
Amanda Han: well,
32:00
Amanda Han: I
32:01
Amanda Han: bought
32:01
Amanda Han: a
32:01
Amanda Han: $500,000
32:03
Amanda Han: building
32:03
Amanda Han: and
32:03
Amanda Han: my
32:04
Amanda Han: first
32:04
Amanda Han: year
32:04
Amanda Han: write
32:04
Amanda Han: off
32:05
Amanda Han: is
32:05
Amanda Han: like
32:05
Amanda Han: 150,000.
32:07
Amanda Han: Mm-hmm.
32:07
Amanda Han: Mm-hmm.
32:08
Amanda Han: So
32:08
Amanda Han: it's
32:08
Amanda Han: because
32:08
Amanda Han: they,
32:09
Amanda Han: they've
32:09
Amanda Han: accelerated
32:10
Amanda Han: a
32:10
Amanda Han: lot
32:10
Amanda Han: of
32:10
Amanda Han: it.
32:11
Amanda Han: Um.
32:13
Amanda Han: I
32:13
Amanda Han: think
32:13
Amanda Han: people
32:14
Amanda Han: tend
32:14
Amanda Han: to
32:14
Amanda Han: hear
32:15
Amanda Han: the
32:15
Amanda Han: narrative,
32:16
Amanda Han: kind
32:16
Amanda Han: of
32:16
Amanda Han: like
32:16
Amanda Han: what
32:16
Amanda Han: you
32:16
Amanda Han: were
32:17
Amanda Han: saying
32:17
Amanda Han: earlier,
32:18
Amanda Han: um,
32:18
Amanda Han: Annette,
32:18
Amanda Han: about,
32:19
Amanda Han: you
32:19
Amanda Han: know,
32:19
Amanda Han: just
32:20
Amanda Han: like
32:20
Amanda Han: I
32:20
Amanda Han: save
32:20
Amanda Han: 50%
32:21
Amanda Han: in
32:21
Amanda Han: taxes.
32:22
Amanda Han: And
32:22
Amanda Han: what
32:22
Amanda Han: investors
32:22
Amanda Han: will
32:23
Amanda Han: do
32:23
Amanda Han: is
32:23
Amanda Han: they'll
32:23
Amanda Han: go
32:23
Amanda Han: out
32:23
Amanda Han: and
32:23
Amanda Han: just
32:24
Amanda Han: do
32:24
Amanda Han: a
32:24
Amanda Han: cost
32:24
Amanda Han: segregation
32:24
Amanda Han: study.
32:25
Amanda Han: Mm-hmm.
32:25
Amanda Han: Like,
32:25
Amanda Han: pay
32:26
Amanda Han: someone,
32:26
Amanda Han: let's
32:26
Amanda Han: get
32:26
Amanda Han: it
32:26
Amanda Han: done.
32:26
Amanda Han: Great.
32:27
Amanda Han: The
32:28
Amanda Han: issue
32:28
Amanda Han: is
32:29
Amanda Han: if
32:29
Amanda Han: you
32:29
Amanda Han: do
32:29
Amanda Han: it
32:30
Amanda Han: too
32:30
Amanda Han: early
32:30
Amanda Han: and
32:31
Amanda Han: you
32:31
Amanda Han: do
32:31
Amanda Han: it
32:31
Amanda Han: in
32:31
Amanda Han: a
32:31
Amanda Han: year
32:31
Amanda Han: where
32:31
Amanda Han: you
32:32
Amanda Han: can't
32:32
Amanda Han: actually
32:33
Amanda Han: use
32:33
Amanda Han: it,
32:33
Amanda Han: for
32:34
Amanda Han: example,
32:34
Amanda Han: you
32:34
Amanda Han: did
32:35
Amanda Han: any
32:35
Amanda Han: material
32:35
Amanda Han: participation,
32:36
Amanda Han: you
32:36
Amanda Han: just
32:37
Amanda Han: heard
32:37
Amanda Han: this
32:37
Amanda Han: big
32:38
Amanda Han: write
32:38
Amanda Han: off
32:38
Amanda Han: and
32:38
Amanda Han: went
32:38
Amanda Han: out
32:38
Amanda Han: and
32:39
Amanda Han: did
32:39
Amanda Han: it.
32:39
Amanda Han: What
32:40
Amanda Han: happens
32:40
Amanda Han: is
32:41
Amanda Han: that
32:41
Amanda Han: the
32:41
Amanda Han: loss.
32:42
Amanda Han: Actually
32:42
Amanda Han: gets
32:43
Amanda Han: trapped
32:44
Amanda Han: is
32:44
Amanda Han: what
32:44
Amanda Han: we
32:45
Amanda Han: call
32:45
Amanda Han: passive
32:45
Amanda Han: losses.
32:46
Amanda Han: Okay?
32:46
Amanda Han: And
32:46
Amanda Han: we
32:46
Amanda Han: do
32:47
Amanda Han: see
32:47
Amanda Han: this
32:47
Amanda Han: somewhat
32:48
Amanda Han: frequently.
32:49
Amanda Han: Um,
32:49
Amanda Han: so
32:50
Amanda Han: you
32:50
Amanda Han: create
32:50
Amanda Han: this
32:50
Amanda Han: $150,000
32:52
Amanda Han: loss,
32:52
Amanda Han: you
32:52
Amanda Han: cannot
32:53
Amanda Han: use
32:53
Amanda Han: it
32:53
Amanda Han: against
32:53
Amanda Han: W2
32:54
Amanda Han: because
32:54
Amanda Han: you're
32:54
Amanda Han: not
32:55
Amanda Han: a
32:55
Amanda Han: ma,
32:55
Amanda Han: you
32:55
Amanda Han: know,
32:55
Amanda Han: material
32:56
Amanda Han: participating,
32:57
Amanda Han: and
32:57
Amanda Han: you
32:57
Amanda Han: think,
32:58
Amanda Han: well,
32:58
Amanda Han: next
32:58
Amanda Han: year
32:58
Amanda Han: I'll
32:58
Amanda Han: just
32:58
Amanda Han: materially
32:59
Amanda Han: participate.
33:01
Amanda Han: Well,
33:01
Amanda Han: guess
33:01
Amanda Han: what?
33:02
Amanda Han: That
33:02
Amanda Han: one
33:02
Amanda Han: 50
33:03
Amanda Han: is
33:03
Amanda Han: trapped.
33:03
Amanda Han: It
33:04
Amanda Han: is
33:04
Amanda Han: always
33:04
Amanda Han: and
33:05
Amanda Han: forever
33:05
Amanda Han: a
33:05
Amanda Han: passive
33:06
Amanda Han: loss.
33:06
Amanda Han: The
33:06
Amanda Han: fact
33:07
Amanda Han: that
33:07
Amanda Han: you
33:07
Amanda Han: meet
33:07
Amanda Han: the
33:07
Amanda Han: hours
33:08
Amanda Han: the
33:08
Amanda Han: following
33:08
Amanda Han: year,
33:09
Amanda Han: that
33:09
Amanda Han: doesn't
33:09
Amanda Han: change
33:09
Amanda Han: anything
33:10
Amanda Han: in
33:10
Amanda Han: the
33:10
Amanda Han: past,
33:10
Amanda Han: right?
33:10
Amanda Han: We
33:10
Amanda Han: don't
33:10
Amanda Han: change
33:11
Amanda Han: history,
33:11
Amanda Han: so
33:12
Amanda Han: that
33:12
Amanda Han: gets
33:12
Amanda Han: trapped.
33:12
Amanda Han: So
33:13
Amanda Han: what
33:13
Amanda Han: I
33:13
Amanda Han: always
33:13
Amanda Han: tell
33:13
Amanda Han: people
33:13
Amanda Han: is
33:14
Amanda Han: before
33:14
Amanda Han: you
33:14
Amanda Han: get
33:15
Amanda Han: a
33:15
Amanda Han: cost
33:15
Amanda Han: segregation
33:16
Amanda Han: study,
33:16
Amanda Han: step
33:17
Amanda Han: one
33:17
Amanda Han: is
33:17
Amanda Han: to
33:17
Amanda Han: figure
33:18
Amanda Han: out
33:18
Amanda Han: can
33:19
Amanda Han: I
33:19
Amanda Han: actually
33:19
Amanda Han: use
33:20
Amanda Han: it,
33:20
Amanda Han: right?
33:21
Amanda Han: Mm-hmm.
33:21
Amanda Han: Do
33:21
Amanda Han: I
33:21
Amanda Han: meet
33:21
Amanda Han: material
33:21
Amanda Han: participation?
33:22
Amanda Han: If
33:22
Amanda Han: yes.
33:23
Amanda Han: Then
33:24
Amanda Han: let's
33:24
Amanda Han: see,
33:25
Amanda Han: what's
33:25
Amanda Han: the
33:25
Amanda Han: benefit
33:26
Amanda Han: of
33:26
Amanda Han: a
33:26
Amanda Han: cost
33:26
Amanda Han: segregation
33:27
Amanda Han: study?
33:28
Amanda Han: Um,
33:28
Amanda Han: those
33:28
Amanda Han: are
33:28
Amanda Han: kind
33:29
Amanda Han: of
33:29
Amanda Han: the
33:29
Amanda Han: steps.
33:29
Amanda Han: And
33:29
Amanda Han: I
33:29
Amanda Han: think
33:29
Amanda Han: something
33:30
Amanda Han: you
33:30
Amanda Han: mentioned,
33:30
Amanda Han: like
33:30
Amanda Han: if
33:30
Amanda Han: I'm
33:30
Amanda Han: gonna
33:31
Amanda Han: sell
33:31
Amanda Han: the
33:31
Amanda Han: property,
33:32
Amanda Han: um,
33:32
Amanda Han: in
33:32
Amanda Han: a
33:32
Amanda Han: year
33:33
Amanda Han: or
33:33
Amanda Han: two
33:33
Amanda Han: or
33:33
Amanda Han: in
33:33
Amanda Han: six
33:34
Amanda Han: months,
33:34
Amanda Han: do
33:34
Amanda Han: I
33:34
Amanda Han: do
33:34
Amanda Han: a
33:34
Amanda Han: cost
33:34
Amanda Han: segregation
33:35
Amanda Han: study?
33:36
Amanda Han: The
33:36
Amanda Han: answer
33:36
Amanda Han: is,
33:36
Amanda Han: it
33:36
Amanda Han: depends.
33:38
Amanda Han: It
33:38
Amanda Han: depends
33:38
Amanda Han: on
33:38
Amanda Han: a
33:38
Amanda Han: lot
33:38
Amanda Han: of
33:38
Amanda Han: different
33:39
Amanda Han: things
33:39
Amanda Han: like
33:39
Amanda Han: what's
33:40
Amanda Han: your
33:40
Amanda Han: tax
33:40
Amanda Han: rate
33:40
Amanda Han: next
33:41
Amanda Han: year?
33:41
Amanda Han: What
33:41
Amanda Han: else
33:41
Amanda Han: is
33:42
Amanda Han: going
33:42
Amanda Han: on
33:42
Amanda Han: next
33:42
Amanda Han: year?
33:43
Amanda Han: What
33:43
Amanda Han: is
33:43
Amanda Han: the
33:43
Amanda Han: tax
33:43
Amanda Han: law
33:43
Amanda Han: next
33:44
Amanda Han: year?
33:45
Amanda Han: Um,
33:46
Amanda Han: to
33:46
Amanda Han: then
33:46
Amanda Han: decide
33:47
Amanda Han: whether
33:47
Amanda Han: it
33:47
Amanda Han: makes
33:47
Amanda Han: sense
33:48
Amanda Han: for
33:48
Amanda Han: me
33:48
Amanda Han: to
33:48
Amanda Han: take
33:49
Amanda Han: a
33:49
Amanda Han: big
33:49
Amanda Han: write
33:49
Amanda Han: off
33:49
Amanda Han: this
33:49
Amanda Han: year
33:50
Amanda Han: and
33:50
Amanda Han: potentially
33:50
Amanda Han: pay
33:50
Amanda Han: taxes
33:51
Amanda Han: on
33:51
Amanda Han: that
33:51
Amanda Han: next
33:52
Amanda Han: year
33:52
Amanda Han: if
33:52
Amanda Han: I'm
33:52
Amanda Han: not
33:53
Amanda Han: going
33:53
Amanda Han: to
33:53
Amanda Han: 10
33:53
Amanda Han: 31
33:53
Amanda Han: exchange.
33:54
Annette Grant: Right.
33:55
Annette Grant: And
33:55
Annette Grant: what
33:55
Annette Grant: if
33:55
Annette Grant: you
33:55
Annette Grant: accelerate
33:56
Annette Grant: all
33:56
Annette Grant: the
33:56
Annette Grant: depreciation
33:57
Annette Grant: and
33:57
Annette Grant: your,
33:57
Annette Grant: your
33:57
Annette Grant: material
33:58
Annette Grant: participation
33:59
Annette Grant: is
33:59
Annette Grant: there
33:59
Annette Grant: and
33:59
Annette Grant: so
33:59
Annette Grant: you're
34:00
Annette Grant: like,
34:00
Annette Grant: okay,
34:00
Annette Grant: I'm
34:00
Annette Grant: taking
34:00
Annette Grant: 150
34:01
Annette Grant: this
34:01
Annette Grant: year,
34:02
Annette Grant: 150.
34:02
Annette Grant: 150.
34:04
Annette Grant: And
34:04
Annette Grant: after
34:04
Annette Grant: those
34:04
Annette Grant: three
34:04
Annette Grant: years,
34:05
Annette Grant: what
34:06
Annette Grant: happens
34:06
Annette Grant: to
34:06
Annette Grant: the.
34:07
Annette Grant: To
34:07
Annette Grant: that
34:08
Annette Grant: tax
34:08
Annette Grant: loophole,
34:08
Annette Grant: you
34:08
Annette Grant: don't
34:09
Annette Grant: have
34:09
Annette Grant: any
34:09
Annette Grant: of
34:09
Annette Grant: the
34:09
Annette Grant: accelerated
34:10
Annette Grant: depreciation
34:11
Annette Grant: anymore?
34:12
Annette Grant: Mm-hmm.
34:12
Annette Grant: Like,
34:13
Annette Grant: does
34:13
Annette Grant: the
34:13
Annette Grant: depreciation
34:13
Annette Grant: go
34:14
Annette Grant: away?
34:14
Annette Grant: Like
34:15
Annette Grant: how,
34:15
Annette Grant: how
34:15
Annette Grant: is
34:15
Annette Grant: it
34:15
Annette Grant: like,
34:16
Annette Grant: did
34:16
Annette Grant: you
34:16
Annette Grant: use
34:16
Annette Grant: it
34:17
Annette Grant: all
34:17
Annette Grant: up
34:17
Annette Grant: in
34:17
Annette Grant: those
34:17
Annette Grant: first
34:17
Annette Grant: three
34:18
Annette Grant: years
34:18
Annette Grant: and
34:18
Annette Grant: then
34:19
Annette Grant: I,
34:19
Annette Grant: I
34:19
Annette Grant: don't
34:19
Annette Grant: know
34:19
Annette Grant: about
34:20
Annette Grant: everyone
34:20
Annette Grant: else,
34:20
Annette Grant: but
34:20
Annette Grant: you
34:20
Annette Grant: wanna
34:21
Annette Grant: be
34:21
Annette Grant: earning
34:21
Annette Grant: more
34:22
Annette Grant: money
34:23
Annette Grant: year
34:23
Annette Grant: over
34:23
Annette Grant: year,
34:24
Annette Grant: whether
34:25
Annette Grant: it's
34:25
Annette Grant: in
34:25
Annette Grant: your
34:25
Annette Grant: W2
34:25
Annette Grant: or
34:26
Annette Grant: on
34:26
Annette Grant: your
34:26
Annette Grant: property,
34:26
Annette Grant: so
34:27
Annette Grant: it's
34:27
Annette Grant: like,
34:27
Annette Grant: are
34:28
Annette Grant: you
34:28
Annette Grant: just
34:28
Annette Grant: compounding
34:29
Annette Grant: that
34:29
Annette Grant: tax
34:30
Annette Grant: liability
34:31
Annette Grant: after
34:32
Annette Grant: you've
34:32
Annette Grant: accelerated
34:33
Annette Grant: this
34:33
Annette Grant: depreciation
34:33
Annette Grant: so
34:34
Annette Grant: fast?
34:34
Annette Grant: What
34:35
Annette Grant: happens?
34:35
Amanda Han: Yeah.
34:36
Amanda Han: Well,
34:37
Amanda Han: the
34:37
Amanda Han: first
34:37
Amanda Han: thing
34:37
Amanda Han: is,
34:38
Amanda Han: um.
34:39
Amanda Han: Even
34:39
Amanda Han: with
34:39
Amanda Han: cost
34:40
Amanda Han: segregation,
34:40
Amanda Han: there
34:41
Amanda Han: is
34:41
Amanda Han: always
34:41
Amanda Han: still
34:42
Amanda Han: depreciation
34:43
Amanda Han: over
34:43
Amanda Han: the
34:43
Amanda Han: next
34:43
Amanda Han: 39
34:44
Amanda Han: years
34:44
Amanda Han: because
34:45
Amanda Han: it's
34:45
Amanda Han: not
34:45
Amanda Han: possible
34:46
Amanda Han: to
34:46
Amanda Han: say
34:46
Amanda Han: there's
34:47
Amanda Han: no
34:47
Amanda Han: building.
34:48
Amanda Han: Okay.
34:48
Amanda Han: Okay.
34:49
Amanda Han: Um,
34:49
Amanda Han: and
34:49
Amanda Han: that's
34:49
Amanda Han: why
34:50
Amanda Han: on
34:50
Amanda Han: a
34:50
Amanda Han: 500,000
34:51
Amanda Han: building,
34:51
Amanda Han: it's
34:51
Amanda Han: never
34:52
Amanda Han: a
34:52
Amanda Han: $500,000
34:53
Amanda Han: write
34:53
Amanda Han: off.
34:54
Amanda Han: Right.
34:54
Amanda Han: Because
34:54
Amanda Han: they're
34:54
Amanda Han: still
34:55
Amanda Han: building.
34:55
Amanda Han: We're
34:55
Amanda Han: just
34:55
Amanda Han: trying
34:55
Amanda Han: to
34:55
Amanda Han: take,
34:56
Amanda Han: in
34:56
Amanda Han: my
34:56
Amanda Han: example,
34:57
Amanda Han: if
34:57
Amanda Han: we
34:57
Amanda Han: took
34:57
Amanda Han: 150,000
34:58
Amanda Han: immediately,
34:59
Amanda Han: there's
35:00
Amanda Han: still
35:00
Amanda Han: 300,000
35:01
Amanda Han: roughly
35:01
Amanda Han: that
35:02
Amanda Han: you're
35:02
Amanda Han: gonna
35:02
Amanda Han: depreciate
35:02
Amanda Han: over
35:03
Amanda Han: the
35:03
Amanda Han: rest
35:03
Amanda Han: of
35:03
Amanda Han: the,
35:04
Amanda Han: the
35:04
Amanda Han: ownership
35:04
Amanda Han: of
35:05
Amanda Han: the
35:05
Amanda Han: pool.
35:05
Amanda Han: 30.
35:06
Amanda Han: Um,
35:06
Amanda Han: it's
35:06
Amanda Han: just
35:06
Amanda Han: lower
35:07
Amanda Han: than
35:07
Amanda Han: if
35:08
Amanda Han: you
35:08
Amanda Han: had
35:08
Amanda Han: waited
35:08
Amanda Han: evenly
35:09
Amanda Han: over
35:09
Amanda Han: 39
35:10
Amanda Han: years.
35:10
Amanda Han: So
35:11
Amanda Han: most
35:11
Amanda Han: investors,
35:12
Amanda Han: you
35:12
Amanda Han: still
35:12
Amanda Han: will
35:12
Amanda Han: get
35:12
Amanda Han: a
35:12
Amanda Han: good
35:13
Amanda Han: amount
35:13
Amanda Han: of
35:13
Amanda Han: depreciation
35:14
Amanda Han: year
35:14
Amanda Han: after
35:14
Amanda Han: year.
35:15
Amanda Han: Um,
35:16
Amanda Han: but
35:16
Amanda Han: yes,
35:17
Amanda Han: what
35:17
Amanda Han: we
35:17
Amanda Han: typically
35:18
Amanda Han: see
35:18
Amanda Han: is,
35:19
Amanda Han: you
35:19
Amanda Han: know,
35:20
Amanda Han: if
35:20
Amanda Han: you
35:20
Amanda Han: are
35:20
Amanda Han: continuing
35:21
Amanda Han: to
35:22
Amanda Han: cash
35:22
Amanda Han: flow.
35:23
Amanda Han: Most
35:24
Amanda Han: people
35:24
Amanda Han: will
35:24
Amanda Han: continue
35:25
Amanda Han: to
35:25
Amanda Han: build
35:25
Amanda Han: their
35:25
Amanda Han: portfolio,
35:26
Amanda Han: right?
35:26
Amanda Han: So
35:26
Amanda Han: that's
35:27
Amanda Han: buying
35:27
Amanda Han: more
35:28
Amanda Han: properties.
35:29
Amanda Han: And
35:29
Amanda Han: so
35:29
Amanda Han: you'll
35:29
Amanda Han: have
35:29
Amanda Han: the
35:29
Amanda Han: newer
35:30
Amanda Han: properties
35:30
Amanda Han: to
35:30
Amanda Han: then
35:31
Amanda Han: offset
35:31
Amanda Han: the
35:31
Amanda Han: W2
35:32
Amanda Han: income
35:32
Amanda Han: for
35:32
Amanda Han: that
35:32
Amanda Han: specific
35:33
Amanda Han: year.
35:34
Amanda Han: Um,
35:34
Amanda Han: I,
35:35
Amanda Han: I
35:35
Amanda Han: kind
35:35
Amanda Han: of
35:35
Amanda Han: tend
35:35
Amanda Han: to
35:35
Amanda Han: tell,
35:37
Amanda Han: uh,
35:37
Amanda Han: clients
35:37
Amanda Han: it's
35:37
Amanda Han: sort
35:38
Amanda Han: of
35:38
Amanda Han: an
35:38
Amanda Han: addiction
35:39
Amanda Han: that
35:39
Amanda Han: it's
35:39
Amanda Han: kind
35:39
Amanda Han: of
35:39
Amanda Han: like
35:39
Amanda Han: the
35:39
Amanda Han: first
35:40
Amanda Han: time
35:40
Amanda Han: somebody
35:41
Amanda Han: gets
35:41
Amanda Han: a
35:41
Amanda Han: big
35:41
Amanda Han: refund
35:42
Amanda Han: check
35:42
Amanda Han: or
35:42
Amanda Han: ends
35:43
Amanda Han: up
35:43
Amanda Han: not
35:43
Amanda Han: having
35:43
Amanda Han: to
35:43
Amanda Han: pay
35:43
Amanda Han: taxes.
35:44
Amanda Han: They're
35:45
Amanda Han: like,
35:45
Amanda Han: wow,
35:45
Amanda Han: this
35:45
Amanda Han: is
35:46
Amanda Han: amazing.
35:46
Amanda Han: I'm
35:46
Amanda Han: gonna
35:46
Amanda Han: take
35:47
Amanda Han: my
35:47
Amanda Han: taxes
35:47
Amanda Han: saved.
35:48
Amanda Han: I'm
35:48
Amanda Han: gonna
35:48
Amanda Han: put
35:49
Amanda Han: a
35:49
Amanda Han: down
35:49
Amanda Han: payment
35:49
Amanda Han: on
35:49
Amanda Han: another
35:50
Amanda Han: rental
35:50
Amanda Han: property.
35:51
Amanda Han: Um,
35:51
Amanda Han: and
35:51
Amanda Han: then
35:52
Amanda Han: after
35:52
Amanda Han: a
35:52
Amanda Han: couple
35:52
Amanda Han: years,
35:52
Amanda Han: it's
35:52
Amanda Han: like,
35:53
Amanda Han: wow,
35:54
Amanda Han: you
35:54
Amanda Han: know,
35:54
Amanda Han: you
35:54
Amanda Han: come
35:54
Amanda Han: to
35:54
Amanda Han: a
35:54
Amanda Han: year
35:54
Amanda Han: where
35:55
Amanda Han: like,
35:55
Amanda Han: well,
35:55
Amanda Han: I
35:55
Amanda Han: didn't
35:56
Amanda Han: really
35:56
Amanda Han: wanna
35:56
Amanda Han: buy
35:56
Amanda Han: this
35:56
Amanda Han: year,
35:57
Amanda Han: and
35:57
Amanda Han: you
35:57
Amanda Han: have
35:57
Amanda Han: to
35:57
Amanda Han: pay
35:57
Amanda Han: the
35:57
Amanda Han: tax.
35:59
Amanda Han: And
35:59
Amanda Han: it's
35:59
Amanda Han: like,
35:59
Amanda Han: ouch.
36:00
Amanda Han: You
36:00
Amanda Han: know?
36:00
Amanda Han: Now
36:00
Amanda Han: I
36:00
Amanda Han: remember
36:01
Amanda Han: what
36:01
Amanda Han: it
36:01
Amanda Han: was
36:01
Amanda Han: like
36:02
Amanda Han: to
36:02
Amanda Han: pay
36:02
Amanda Han: taxes.
36:03
Amanda Han: Mm-hmm.
36:03
Amanda Han: So
36:03
Amanda Han: it
36:03
Amanda Han: becomes
36:04
Amanda Han: a,
36:04
Amanda Han: an
36:04
Amanda Han: addiction.
36:05
Amanda Han: Healthier
36:06
Amanda Han: and
36:06
Amanda Han: healthy.
36:06
Amanda Han: I
36:06
Amanda Han: don't
36:06
Amanda Han: know.
36:07
Amanda Han: You
36:07
Amanda Han: have
36:07
Amanda Han: to
36:07
Amanda Han: be
36:07
Amanda Han: the
36:08
Amanda Han: judge
36:08
Amanda Han: of
36:08
Amanda Han: that.
36:09
Annette Grant: Well,
36:09
Annette Grant: right.
36:10
Annette Grant: 'cause
36:10
Annette Grant: you're
36:10
Annette Grant: saying
36:11
Annette Grant: that
36:11
Annette Grant: and
36:11
Annette Grant: I'm
36:11
Annette Grant: like,
36:11
Annette Grant: well,
36:13
Annette Grant: then
36:13
Annette Grant: you're
36:13
Annette Grant: just
36:13
Annette Grant: putting
36:14
Annette Grant: obviously
36:15
Annette Grant: more
36:15
Annette Grant: properties,
36:15
Annette Grant: more
36:16
Annette Grant: liability,
36:17
Annette Grant: more,
36:17
Annette Grant: you
36:17
Annette Grant: know,
36:17
Annette Grant: it's
36:17
Annette Grant: like,
36:18
Annette Grant: it's
36:18
Annette Grant: this.
36:19
Annette Grant: You
36:19
Annette Grant: have
36:19
Annette Grant: to
36:19
Annette Grant: think
36:20
Annette Grant: about
36:20
Annette Grant: what
36:20
Annette Grant: the
36:20
Annette Grant: future,
36:21
Annette Grant: like,
36:21
Annette Grant: what
36:21
Annette Grant: you
36:21
Annette Grant: really
36:21
Annette Grant: want
36:22
Annette Grant: your
36:22
Annette Grant: future
36:22
Annette Grant: to,
36:23
Annette Grant: to
36:23
Annette Grant: look
36:23
Annette Grant: like.
36:23
Annette Grant: Are
36:23
Annette Grant: you
36:23
Annette Grant: continuing
36:24
Annette Grant: to
36:24
Annette Grant: build
36:24
Annette Grant: this
36:24
Annette Grant: portfolio
36:25
Annette Grant: because
36:26
Annette Grant: that's
36:26
Annette Grant: not
36:27
Annette Grant: gonna
36:27
Annette Grant: come
36:27
Annette Grant: without
36:27
Annette Grant: its
36:28
Annette Grant: own,
36:29
Annette Grant: um,
36:29
Annette Grant: issues.
36:30
Annette Grant: Pressure,
36:30
Annette Grant: you
36:30
Annette Grant: know,
36:30
Annette Grant: other
36:31
Annette Grant: things.
36:31
Annette Grant: It's
36:31
Annette Grant: like
36:31
Annette Grant: chasing.
36:32
Annette Grant: Sarah
36:32
Annette Grant: and
36:33
Annette Grant: I,
36:33
Annette Grant: we
36:33
Annette Grant: actually
36:33
Annette Grant: talk
36:33
Annette Grant: about
36:33
Annette Grant: this
36:34
Annette Grant: a
36:34
Annette Grant: lot
36:34
Annette Grant: of,
36:34
Annette Grant: like,
36:35
Annette Grant: we
36:35
Annette Grant: do
36:35
Annette Grant: feel
36:35
Annette Grant: like
36:35
Annette Grant: people
36:36
Annette Grant: are
36:36
Annette Grant: always
36:36
Annette Grant: kind
36:36
Annette Grant: of
36:37
Annette Grant: chasing
36:37
Annette Grant: these
36:37
Annette Grant: like
36:37
Annette Grant: tax
36:38
Annette Grant: loopholes
36:38
Annette Grant: or
36:38
Annette Grant: these
36:39
Annette Grant: breaks
36:39
Annette Grant: and
36:39
Annette Grant: it's
36:39
Annette Grant: like,
36:39
Annette Grant: well
36:39
Annette Grant: wit
36:40
Annette Grant: at
36:40
Annette Grant: some
36:40
Annette Grant: point,
36:41
Annette Grant: like.
36:41
Annette Grant: When
36:42
Annette Grant: does
36:42
Annette Grant: it,
36:42
Annette Grant: like
36:42
Annette Grant: the
36:43
Annette Grant: buck
36:43
Annette Grant: stops
36:43
Annette Grant: here
36:43
Annette Grant: at
36:44
Annette Grant: some
36:44
Annette Grant: point
36:44
Annette Grant: in
36:44
Annette Grant: time,
36:44
Annette Grant: like
36:45
Annette Grant: either
36:45
Annette Grant: you
36:45
Annette Grant: are
36:46
Annette Grant: going
36:46
Annette Grant: to,
36:47
Annette Grant: I
36:47
Annette Grant: don't
36:47
Annette Grant: know,
36:47
Annette Grant: sell
36:48
Annette Grant: your
36:48
Annette Grant: portfolio
36:49
Annette Grant: and
36:49
Annette Grant: then
36:49
Annette Grant: have
36:49
Annette Grant: the
36:49
Annette Grant: tax
36:50
Annette Grant: event
36:50
Annette Grant: there.
36:50
Annette Grant: It's
36:50
Annette Grant: like
36:51
Annette Grant: kind
36:51
Annette Grant: of
36:51
Annette Grant: choosing
36:52
Annette Grant: when
36:52
Annette Grant: you'll
36:52
Annette Grant: have
36:52
Annette Grant: that
36:53
Annette Grant: taxable
36:53
Annette Grant: event,
36:54
Annette Grant: right?
36:54
Annette Grant: Is
36:54
Annette Grant: that
36:55
Annette Grant: what
36:55
Annette Grant: like
36:56
Annette Grant: ends
36:56
Annette Grant: up
36:56
Annette Grant: happening
36:58
Amanda Han: and
36:58
Amanda Han: I
36:58
Amanda Han: think
36:58
Amanda Han: it's
36:59
Amanda Han: just
36:59
Amanda Han: taking
36:59
Amanda Han: a,
37:00
Amanda Han: like
37:00
Amanda Han: if
37:00
Amanda Han: we're
37:00
Amanda Han: talking
37:01
Amanda Han: about
37:01
Amanda Han: like
37:01
Amanda Han: a
37:01
Amanda Han: very
37:01
Amanda Han: long-term,
37:03
Amanda Han: uh,
37:03
Amanda Han: look,
37:04
Amanda Han: right?
37:04
Amanda Han: Mm-hmm.
37:04
Amanda Han: Because
37:04
Amanda Han: most
37:05
Amanda Han: investors,
37:06
Amanda Han: at
37:06
Amanda Han: least
37:06
Amanda Han: the
37:06
Amanda Han: ones
37:07
Amanda Han: that
37:07
Amanda Han: we
37:07
Amanda Han: work
37:07
Amanda Han: with,
37:08
Amanda Han: um,
37:09
Amanda Han: if
37:09
Amanda Han: you've
37:09
Amanda Han: built
37:09
Amanda Han: your
37:10
Amanda Han: wealth
37:10
Amanda Han: on
37:10
Amanda Han: real
37:10
Amanda Han: estate.
37:11
Amanda Han: Even
37:12
Amanda Han: eventually
37:12
Amanda Han: when
37:12
Amanda Han: you
37:12
Amanda Han: sell,
37:13
Amanda Han: most
37:13
Amanda Han: people
37:15
Amanda Han: will
37:15
Amanda Han: still
37:15
Amanda Han: have
37:15
Amanda Han: it
37:15
Amanda Han: parked
37:16
Amanda Han: in
37:16
Amanda Han: real
37:16
Amanda Han: estate.
37:17
Amanda Han: It
37:17
Amanda Han: just
37:17
Amanda Han: might
37:17
Amanda Han: not
37:18
Amanda Han: be
37:18
Amanda Han: something
37:18
Amanda Han: you're
37:18
Amanda Han: actively
37:19
Amanda Han: involved
37:19
Amanda Han: in.
37:19
Amanda Han: It
37:19
Amanda Han: might
37:20
Amanda Han: be
37:20
Amanda Han: something
37:20
Amanda Han: more
37:20
Amanda Han: passive,
37:21
Amanda Han: it
37:21
Amanda Han: might
37:21
Amanda Han: be
37:21
Amanda Han: a
37:21
Amanda Han: hundred
37:21
Amanda Han: percent
37:22
Amanda Han: managed
37:22
Amanda Han: by
37:22
Amanda Han: someone
37:23
Amanda Han: else.
37:23
Amanda Han: Mm-hmm.
37:24
Amanda Han: But
37:24
Amanda Han: we
37:24
Amanda Han: have
37:24
Amanda Han: very
37:24
Amanda Han: few
37:25
Amanda Han: clients
37:25
Amanda Han: who
37:25
Amanda Han: decide,
37:26
Amanda Han: gosh,
37:26
Amanda Han: I
37:26
Amanda Han: built
37:27
Amanda Han: this
37:27
Amanda Han: whole
37:27
Amanda Han: portfolio
37:28
Amanda Han: and
37:28
Amanda Han: now
37:29
Amanda Han: in
37:29
Amanda Han: retirement
37:29
Amanda Han: I'm
37:29
Amanda Han: just
37:29
Amanda Han: gonna
37:29
Amanda Han: sell
37:30
Amanda Han: it
37:30
Amanda Han: and
37:30
Amanda Han: go
37:30
Amanda Han: a
37:30
Amanda Han: hundred
37:30
Amanda Han: percent
37:31
Amanda Han: into
37:31
Amanda Han: stocks
37:31
Amanda Han: or
37:31
Amanda Han: crypto.
37:32
Amanda Han: Mm-hmm.
37:33
Amanda Han: It's
37:33
Amanda Han: just
37:33
Amanda Han: kind
37:33
Amanda Han: of
37:33
Amanda Han: like,
37:34
Amanda Han: that's
37:34
Amanda Han: what
37:34
Amanda Han: people
37:34
Amanda Han: know
37:35
Amanda Han: they're
37:35
Amanda Han: comfortable
37:35
Amanda Han: with.
37:36
Amanda Han: Um,
37:36
Amanda Han: and
37:36
Amanda Han: so.
37:37
Amanda Han: Uh,
37:38
Amanda Han: you
37:38
Amanda Han: know,
37:38
Amanda Han: more
37:39
Amanda Han: going
37:39
Amanda Han: from
37:40
Amanda Han: more
37:40
Amanda Han: active
37:40
Amanda Han: in
37:41
Amanda Han: active
37:41
Amanda Han: real
37:41
Amanda Han: estate
37:42
Amanda Han: in
37:42
Amanda Han: your
37:42
Amanda Han: working
37:42
Amanda Han: years
37:42
Amanda Han: to
37:43
Amanda Han: more
37:43
Amanda Han: passive
37:43
Amanda Han: real
37:43
Amanda Han: estate
37:44
Amanda Han: in
37:44
Amanda Han: your
37:45
Amanda Han: retirement
37:45
Amanda Han: years,
37:46
Amanda Han: and
37:46
Amanda Han: then
37:46
Amanda Han: ultimately
37:47
Amanda Han: passing
37:47
Amanda Han: it
37:47
Amanda Han: off
37:47
Amanda Han: to
37:47
Amanda Han: the
37:48
Amanda Han: next
37:48
Amanda Han: generation.
37:48
Amanda Han: Mm-hmm.
37:49
Amanda Han: So
37:49
Amanda Han: when
37:49
Amanda Han: you
37:49
Amanda Han: do
37:49
Amanda Han: that,
37:49
Amanda Han: you
37:49
Amanda Han: get
37:50
Amanda Han: step
37:50
Amanda Han: up,
37:50
Amanda Han: you
37:50
Amanda Han: know,
37:50
Amanda Han: step
37:51
Amanda Han: up
37:51
Amanda Han: basis.
37:51
Amanda Han: So
37:51
Amanda Han: you
37:52
Amanda Han: don't,
37:52
Amanda Han: so
37:52
Amanda Han: nobody
37:52
Amanda Han: pays
37:53
Amanda Han: mm-hmm.
37:53
Amanda Han: Kind
37:54
Amanda Han: of
37:54
Amanda Han: the
37:54
Amanda Han: recapture
37:54
Amanda Han: taxes
37:55
Amanda Han: in
37:55
Amanda Han: an
37:55
Amanda Han: ideal
37:55
Amanda Han: world.
37:55
Amanda Han: But
37:56
Amanda Han: of
37:56
Amanda Han: course,
37:56
Amanda Han: there's
37:56
Amanda Han: always
37:56
Amanda Han: times
37:57
Amanda Han: when
37:57
Amanda Han: it's
37:57
Amanda Han: like,
37:57
Amanda Han: yeah,
37:57
Amanda Han: I
37:57
Amanda Han: gotta
37:58
Amanda Han: sell
37:58
Amanda Han: this
37:58
Amanda Han: property,
37:59
Amanda Han: so
37:59
Amanda Han: we'll
38:00
Amanda Han: deal
38:00
Amanda Han: with
38:00
Amanda Han: the
38:00
Amanda Han: taxes.
38:00
Amanda Han: It,
38:01
Amanda Han: you
38:01
Amanda Han: know,
38:01
Amanda Han: kind
38:01
Amanda Han: of,
38:01
Amanda Han: it
38:01
Amanda Han: is
38:02
Amanda Han: what
38:02
Amanda Han: it
38:02
Amanda Han: is.
38:03
Amanda Han: Um.
38:04
Amanda Han: So,
38:04
Amanda Han: yeah,
38:04
Amanda Han: that's
38:04
Amanda Han: what
38:04
Amanda Han: we
38:05
Amanda Han: typically
38:05
Amanda Han: see.
38:06
Amanda Han: But,
38:07
Amanda Han: you
38:07
Amanda Han: know,
38:08
Amanda Han: and,
38:08
Amanda Han: and
38:09
Amanda Han: short
38:09
Amanda Han: term
38:10
Amanda Han: rental
38:10
Amanda Han: specifically
38:11
Amanda Han: too,
38:11
Amanda Han: a
38:12
Amanda Han: lot
38:12
Amanda Han: of
38:12
Amanda Han: our
38:12
Amanda Han: clients
38:12
Amanda Han: use
38:13
Amanda Han: it.
38:14
Amanda Han: Um.
38:15
Amanda Han: More
38:15
Amanda Han: so
38:16
Amanda Han: as
38:16
Amanda Han: like
38:16
Amanda Han: a
38:16
Amanda Han: one
38:16
Amanda Han: or
38:16
Amanda Han: two
38:17
Amanda Han: specific
38:18
Amanda Han: strategy.
38:19
Amanda Han: So
38:19
Amanda Han: we,
38:19
Amanda Han: uh,
38:19
Amanda Han: was
38:19
Amanda Han: just
38:20
Amanda Han: talking
38:20
Amanda Han: to
38:20
Amanda Han: a
38:20
Amanda Han: client
38:20
Amanda Han: a
38:20
Amanda Han: couple
38:20
Amanda Han: days
38:21
Amanda Han: ago
38:21
Amanda Han: that
38:22
Amanda Han: had
38:22
Amanda Han: a
38:22
Amanda Han: business
38:22
Amanda Han: exit.
38:23
Amanda Han: So
38:23
Amanda Han: they
38:23
Amanda Han: sold
38:24
Amanda Han: their
38:24
Amanda Han: business
38:25
Amanda Han: to
38:25
Amanda Han: private
38:25
Amanda Han: equity
38:26
Amanda Han: for
38:26
Amanda Han: a
38:26
Amanda Han: lot
38:27
Amanda Han: of
38:27
Amanda Han: money.
38:27
Amanda Han: So
38:28
Amanda Han: for
38:28
Amanda Han: them,
38:28
Amanda Han: we
38:28
Amanda Han: planned
38:29
Amanda Han: a
38:29
Amanda Han: couple
38:29
Amanda Han: years
38:29
Amanda Han: ago
38:30
Amanda Han: for
38:30
Amanda Han: them
38:30
Amanda Han: to
38:30
Amanda Han: start
38:30
Amanda Han: acquiring
38:31
Amanda Han: short-term
38:31
Amanda Han: rentals.
38:32
Amanda Han: They
38:32
Amanda Han: didn't
38:32
Amanda Han: have
38:33
Amanda Han: time
38:33
Amanda Han: to
38:33
Amanda Han: do
38:33
Amanda Han: any
38:33
Amanda Han: material
38:33
Amanda Han: participation,
38:34
Amanda Han: but
38:34
Amanda Han: we
38:34
Amanda Han: wanted
38:34
Amanda Han: enough
38:35
Amanda Han: in
38:35
Amanda Han: their
38:35
Amanda Han: portfolio
38:36
Amanda Han: so
38:36
Amanda Han: that
38:37
Amanda Han: when
38:37
Amanda Han: their
38:37
Amanda Han: business
38:38
Amanda Han: was
38:38
Amanda Han: sold,
38:39
Amanda Han: that
38:39
Amanda Han: was
38:39
Amanda Han: the
38:39
Amanda Han: year
38:40
Amanda Han: they
38:40
Amanda Han: exited.
38:40
Amanda Han: They
38:41
Amanda Han: have
38:41
Amanda Han: time
38:41
Amanda Han: to
38:41
Amanda Han: manage
38:41
Amanda Han: their
38:41
Amanda Han: short-term
38:42
Amanda Han: rentals.
38:43
Amanda Han: Get
38:43
Amanda Han: a
38:43
Amanda Han: bunch
38:43
Amanda Han: of
38:43
Amanda Han: losses
38:44
Amanda Han: to
38:44
Amanda Han: offset
38:44
Amanda Han: that
38:45
Amanda Han: huge
38:45
Amanda Han: tax
38:45
Amanda Han: liability
38:46
Amanda Han: on
38:46
Amanda Han: the
38:46
Amanda Han: business
38:47
Amanda Han: sale.
38:48
Amanda Han: Now,
38:48
Amanda Han: are
38:48
Amanda Han: they
38:48
Amanda Han: gonna
38:48
Amanda Han: continue
38:49
Amanda Han: doing
38:49
Amanda Han: that
38:49
Amanda Han: now
38:49
Amanda Han: that
38:50
Amanda Han: you
38:50
Amanda Han: know,
38:50
Amanda Han: are
38:50
Amanda Han: they
38:50
Amanda Han: just
38:50
Amanda Han: gonna
38:50
Amanda Han: do
38:51
Amanda Han: it
38:51
Amanda Han: for
38:51
Amanda Han: the
38:51
Amanda Han: one
38:51
Amanda Han: year?
38:51
Amanda Han: That's
38:52
Amanda Han: still
38:52
Amanda Han: up
38:52
Amanda Han: in
38:52
Amanda Han: the
38:53
Amanda Han: year.
38:53
Amanda Han: Right.
38:54
Sarah Karakaian: Interesting.
38:55
Sarah Karakaian: That's
38:55
Sarah Karakaian: what,
38:55
Sarah Karakaian: which
38:55
Sarah Karakaian: is
38:55
Sarah Karakaian: why
38:56
Sarah Karakaian: it's
38:56
Sarah Karakaian: so
38:56
Sarah Karakaian: important
38:56
Sarah Karakaian: to
38:56
Sarah Karakaian: work
38:56
Sarah Karakaian: with
38:56
Sarah Karakaian: A
38:56
Sarah Karakaian: CPA
38:57
Sarah Karakaian: who
38:57
Sarah Karakaian: understands,
38:58
Sarah Karakaian: and
38:59
Sarah Karakaian: Amanda
39:00
Sarah Karakaian: too,
39:01
Sarah Karakaian: that
39:01
Sarah Karakaian: their
39:01
Sarah Karakaian: CPA,
39:01
Sarah Karakaian: even
39:02
Sarah Karakaian: if
39:02
Sarah Karakaian: they
39:02
Sarah Karakaian: understand
39:03
Sarah Karakaian: short
39:03
Sarah Karakaian: term
39:04
Sarah Karakaian: rentals
39:04
Sarah Karakaian: and
39:05
Sarah Karakaian: real
39:05
Sarah Karakaian: estate,
39:07
Sarah Karakaian: the
39:07
Sarah Karakaian: client
39:07
Sarah Karakaian: understands
39:08
Sarah Karakaian: that
39:08
Sarah Karakaian: you
39:08
Sarah Karakaian: need
39:08
Sarah Karakaian: to
39:08
Sarah Karakaian: share
39:09
Sarah Karakaian: with
39:09
Sarah Karakaian: your
39:09
Sarah Karakaian: CPAA
39:10
Sarah Karakaian: holistic
39:10
Sarah Karakaian: picture.
39:11
Sarah Karakaian: About
39:11
Sarah Karakaian: your
39:12
Sarah Karakaian: life
39:12
Sarah Karakaian: and
39:12
Sarah Karakaian: like
39:12
Sarah Karakaian: what
39:12
Sarah Karakaian: you
39:12
Sarah Karakaian: plan
39:13
Sarah Karakaian: to
39:13
Sarah Karakaian: do,
39:13
Sarah Karakaian: because
39:14
Sarah Karakaian: that's
39:14
Sarah Karakaian: where
39:14
Sarah Karakaian: that
39:14
Sarah Karakaian: strategy
39:15
Sarah Karakaian: comes
39:15
Sarah Karakaian: in.
39:15
Sarah Karakaian: Had
39:16
Sarah Karakaian: they
39:16
Sarah Karakaian: not
39:16
Sarah Karakaian: shared
39:16
Sarah Karakaian: with
39:16
Sarah Karakaian: their
39:16
Sarah Karakaian: CPA
39:17
Sarah Karakaian: that
39:17
Sarah Karakaian: they
39:17
Sarah Karakaian: plan
39:17
Sarah Karakaian: on
39:18
Sarah Karakaian: having
39:18
Sarah Karakaian: this.
39:19
Sarah Karakaian: Um,
39:19
Sarah Karakaian: the
39:20
Sarah Karakaian: sale
39:20
Sarah Karakaian: of
39:20
Sarah Karakaian: the
39:20
Sarah Karakaian: business
39:20
Sarah Karakaian: where
39:20
Sarah Karakaian: all
39:20
Sarah Karakaian: this
39:21
Sarah Karakaian: cash
39:21
Sarah Karakaian: flow
39:21
Sarah Karakaian: is
39:21
Sarah Karakaian: gonna
39:21
Sarah Karakaian: come
39:21
Sarah Karakaian: in
39:22
Sarah Karakaian: and
39:22
Sarah Karakaian: thinking
39:22
Sarah Karakaian: ahead
39:22
Sarah Karakaian: like
39:23
Sarah Karakaian: that,
39:23
Sarah Karakaian: they
39:23
Sarah Karakaian: might
39:23
Sarah Karakaian: not
39:23
Sarah Karakaian: have
39:24
Sarah Karakaian: had
39:24
Sarah Karakaian: the
39:24
Sarah Karakaian: time
39:24
Sarah Karakaian: to
39:24
Sarah Karakaian: be
39:24
Sarah Karakaian: strategic
39:25
Sarah Karakaian: because
39:25
Sarah Karakaian: I
39:25
Sarah Karakaian: think
39:25
Sarah Karakaian: a
39:25
Sarah Karakaian: lot
39:25
Sarah Karakaian: of
39:26
Sarah Karakaian: us
39:26
Sarah Karakaian: talk
39:26
Sarah Karakaian: about
39:26
Sarah Karakaian: the
39:27
Sarah Karakaian: here
39:27
Sarah Karakaian: and
39:27
Sarah Karakaian: now,
39:27
Sarah Karakaian: and
39:27
Sarah Karakaian: we
39:27
Sarah Karakaian: don't
39:28
Sarah Karakaian: really
39:28
Sarah Karakaian: talk
39:28
Sarah Karakaian: about
39:29
Sarah Karakaian: the
39:29
Sarah Karakaian: future
39:29
Sarah Karakaian: planning
39:29
Sarah Karakaian: with
39:30
Sarah Karakaian: our
39:30
Sarah Karakaian: CPA,
39:31
Sarah Karakaian: maybe
39:31
Sarah Karakaian: the
39:31
Sarah Karakaian: CPA
39:31
Sarah Karakaian: isn't
39:32
Sarah Karakaian: asking.
39:32
Sarah Karakaian: But
39:33
Sarah Karakaian: what
39:33
Sarah Karakaian: do
39:33
Sarah Karakaian: you
39:33
Sarah Karakaian: say
39:33
Sarah Karakaian: to
39:34
Sarah Karakaian: that,
39:34
Sarah Karakaian: to
39:34
Sarah Karakaian: anyone
39:34
Sarah Karakaian: who's
39:34
Sarah Karakaian: listening
39:34
Sarah Karakaian: who
39:35
Sarah Karakaian: doesn't
39:35
Sarah Karakaian: have
39:35
Sarah Karakaian: that
39:35
Sarah Karakaian: kind
39:35
Sarah Karakaian: of
39:35
Sarah Karakaian: relationship
39:36
Sarah Karakaian: with
39:36
Sarah Karakaian: their
39:36
Sarah Karakaian: CPA,
39:36
Sarah Karakaian: we're
39:36
Sarah Karakaian: like,
39:37
Sarah Karakaian: well,
39:37
Sarah Karakaian: I'm
39:37
Sarah Karakaian: supposed
39:37
Sarah Karakaian: to
39:37
Sarah Karakaian: tell
39:37
Sarah Karakaian: 'em
39:37
Sarah Karakaian: like
39:38
Sarah Karakaian: all
39:38
Sarah Karakaian: the
39:38
Sarah Karakaian: things
39:38
Sarah Karakaian: I'm
39:38
Sarah Karakaian: dreaming
39:38
Sarah Karakaian: and
39:39
Sarah Karakaian: hoping
39:39
Sarah Karakaian: for
39:39
Sarah Karakaian: in
39:39
Sarah Karakaian: the
39:39
Sarah Karakaian: next.
39:40
Sarah Karakaian: And
39:40
Sarah Karakaian: how
39:40
Sarah Karakaian: far
39:40
Sarah Karakaian: ahead
39:41
Sarah Karakaian: do
39:41
Sarah Karakaian: you,
39:41
Sarah Karakaian: do
39:41
Sarah Karakaian: you
39:41
Sarah Karakaian: share
39:42
Sarah Karakaian: that
39:42
Sarah Karakaian: information
39:42
Sarah Karakaian: with
39:42
Sarah Karakaian: your
39:42
Sarah Karakaian: CPA?
39:44
Amanda Han: Yeah.
39:44
Amanda Han: It's
39:45
Amanda Han: funny
39:45
Amanda Han: because,
39:46
Amanda Han: I
39:46
Amanda Han: dunno,
39:46
Amanda Han: I
39:46
Amanda Han: always
39:46
Amanda Han: tell
39:46
Amanda Han: people
39:47
Amanda Han: like
39:47
Amanda Han: when
39:48
Amanda Han: the,
39:48
Amanda Han: the
39:48
Amanda Han: real
39:48
Amanda Han: way
39:49
Amanda Han: to
39:49
Amanda Han: save
39:49
Amanda Han: on
39:49
Amanda Han: taxes,
39:50
Amanda Han: like
39:50
Amanda Han: it
39:51
Amanda Han: is
39:51
Amanda Han: not
39:52
Amanda Han: when
39:52
Amanda Han: you're
39:52
Amanda Han: filing
39:53
Amanda Han: your
39:53
Amanda Han: taxes
39:53
Amanda Han: for
39:54
Amanda Han: last
39:54
Amanda Han: year.
39:54
Amanda Han: Mm-hmm.
39:55
Amanda Han: That's
39:55
Amanda Han: what
39:55
Amanda Han: people
39:55
Amanda Han: tend
39:56
Amanda Han: to
39:56
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41:31
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42:12
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43:01
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Amanda Han: know,
43:25
Amanda Han: like
43:25
Amanda Han: the
43:25
Amanda Han: management
43:25
Amanda Han: income
43:26
Amanda Han: could
43:26
Amanda Han: go
43:26
Amanda Han: into
43:27
Amanda Han: an
43:27
Amanda Han: S-corp,
43:27
Amanda Han: but
43:27
Amanda Han: the
43:27
Amanda Han: property,
43:28
Amanda Han: the
43:28
Amanda Han: title
43:29
Amanda Han: of
43:29
Amanda Han: the
43:29
Amanda Han: property,
43:31
Amanda Han: have
43:31
Amanda Han: it
43:31
Amanda Han: remain
43:32
Amanda Han: in
43:32
Amanda Han: an
43:32
Amanda Han: LLC.
43:33
Sarah Karakaian: What
43:33
Sarah Karakaian: about,
43:34
Sarah Karakaian: there's
43:34
Sarah Karakaian: a
43:34
Sarah Karakaian: lot
43:34
Sarah Karakaian: of
43:34
Sarah Karakaian: conversations
43:35
Sarah Karakaian: around
43:35
Sarah Karakaian: midterm
43:35
Sarah Karakaian: rentals.
43:36
Sarah Karakaian: Amanda,
43:38
Sarah Karakaian: I
43:38
Sarah Karakaian: always
43:38
Sarah Karakaian: joke
43:39
Sarah Karakaian: with
43:39
Sarah Karakaian: our
43:39
Sarah Karakaian: audience
43:40
Sarah Karakaian: that
43:40
Sarah Karakaian: like
43:40
Sarah Karakaian: they're
43:40
Sarah Karakaian: not,
43:41
Sarah Karakaian: I
43:41
Sarah Karakaian: don't
43:41
Sarah Karakaian: think
43:41
Sarah Karakaian: they're
43:41
Sarah Karakaian: the
43:42
Sarah Karakaian: easy
43:42
Sarah Karakaian: button.
43:42
Sarah Karakaian: They're
43:42
Sarah Karakaian: still,
43:43
Sarah Karakaian: they,
43:44
Sarah Karakaian: they
43:44
Sarah Karakaian: take
43:44
Sarah Karakaian: a
43:44
Sarah Karakaian: lot
43:44
Sarah Karakaian: of
43:44
Sarah Karakaian: work
43:44
Sarah Karakaian: to
43:45
Sarah Karakaian: get
43:45
Sarah Karakaian: the
43:45
Sarah Karakaian: right
43:45
Sarah Karakaian: person
43:45
Sarah Karakaian: in
43:46
Sarah Karakaian: there.
43:46
Sarah Karakaian: Um.
43:47
Sarah Karakaian: But
43:49
Sarah Karakaian: even
43:49
Sarah Karakaian: though
43:49
Sarah Karakaian: it's
43:49
Sarah Karakaian: furnished,
43:50
Sarah Karakaian: that
43:50
Sarah Karakaian: does
43:50
Sarah Karakaian: not
43:51
Sarah Karakaian: make
43:51
Sarah Karakaian: it
43:51
Sarah Karakaian: a
43:51
Sarah Karakaian: short-term
43:52
Sarah Karakaian: rental,
43:52
Sarah Karakaian: correct?
43:54
Amanda Han: Yes.
43:55
Amanda Han: So,
43:55
Amanda Han: um,
43:55
Amanda Han: short-term
43:56
Amanda Han: rental
43:56
Amanda Han: for
43:56
Amanda Han: tax
43:57
Amanda Han: purposes
43:58
Amanda Han: is
43:58
Amanda Han: a
43:58
Amanda Han: property
43:59
Amanda Han: where
43:59
Amanda Han: the
43:59
Amanda Han: average
44:00
Amanda Han: guest
44:00
Amanda Han: stay
44:01
Amanda Han: is
44:01
Amanda Han: seven
44:01
Amanda Han: days
44:02
Amanda Han: or
44:02
Amanda Han: less.
44:02
Amanda Han: Okay.
44:03
Amanda Han: So
44:03
Amanda Han: that's
44:04
Amanda Han: it.
44:04
Amanda Han: That's
44:04
Amanda Han: the
44:04
Amanda Han: only
44:04
Amanda Han: thing
44:05
Amanda Han: we
44:05
Amanda Han: care
44:05
Amanda Han: about.
44:05
Amanda Han: We
44:05
Amanda Han: don't
44:05
Amanda Han: care
44:06
Amanda Han: if
44:06
Amanda Han: it's
44:06
Amanda Han: on
44:06
Amanda Han: Airbnb
44:07
Amanda Han: or,
44:07
Amanda Han: you
44:07
Amanda Han: know,
44:07
Amanda Han: you
44:08
Amanda Han: direct
44:08
Amanda Han: listing.
44:09
Amanda Han: Um,
44:09
Amanda Han: and
44:10
Amanda Han: so
44:11
Amanda Han: it,
44:11
Amanda Han: we
44:11
Amanda Han: sometimes
44:12
Amanda Han: see
44:13
Amanda Han: property
44:13
Amanda Han: where
44:14
Amanda Han: it's
44:14
Amanda Han: a
44:14
Amanda Han: midterm
44:14
Amanda Han: for
44:15
Amanda Han: part
44:15
Amanda Han: of
44:15
Amanda Han: the
44:15
Amanda Han: year.
44:16
Amanda Han: Then
44:16
Amanda Han: it's
44:16
Amanda Han: very
44:16
Amanda Han: short
44:16
Amanda Han: term
44:17
Amanda Han: for
44:17
Amanda Han: the
44:17
Amanda Han: rest
44:17
Amanda Han: of
44:17
Amanda Han: the
44:17
Amanda Han: year.
44:17
Amanda Han: Mm-hmm.
44:18
Amanda Han: So
44:18
Amanda Han: as
44:18
Amanda Han: long
44:18
Amanda Han: as
44:18
Amanda Han: the
44:19
Amanda Han: average
44:19
Amanda Han: guests
44:20
Amanda Han: stay
44:20
Amanda Han: seven
44:21
Amanda Han: days
44:21
Amanda Han: or
44:21
Amanda Han: less,
44:21
Amanda Han: then
44:22
Amanda Han: you
44:22
Amanda Han: can
44:22
Amanda Han: use
44:22
Amanda Han: the
44:22
Amanda Han: short-term
44:23
Amanda Han: rental
44:23
Amanda Han: tax
44:23
Amanda Han: loophole.
44:24
Amanda Han: I
44:24
Amanda Han: think
44:24
Amanda Han: the
44:24
Amanda Han: question
44:25
Amanda Han: I
44:25
Amanda Han: get
44:25
Amanda Han: all
44:25
Amanda Han: the
44:25
Amanda Han: time
44:25
Amanda Han: is,
44:25
Amanda Han: well,
44:26
Amanda Han: can
44:26
Amanda Han: midterm
44:26
Amanda Han: rental
44:26
Amanda Han: investors
44:27
Amanda Han: use
44:27
Amanda Han: the
44:27
Amanda Han: short-term
44:28
Amanda Han: rental
44:28
Amanda Han: loophole?
44:29
Amanda Han: Um,
44:29
Amanda Han: generally
44:30
Amanda Han: not.
44:30
Amanda Han: Right,
44:30
Amanda Han: because
44:30
Amanda Han: midterm,
44:31
Amanda Han: typically
44:31
Amanda Han: they're
44:32
Amanda Han: 30
44:32
Amanda Han: days
44:32
Amanda Han: or
44:32
Amanda Han: more.
44:33
Amanda Han: I
44:33
Amanda Han: mean,
44:33
Amanda Han: you're
44:33
Amanda Han: trying
44:33
Amanda Han: to
44:33
Amanda Han: get
44:33
Amanda Han: to
44:33
Amanda Han: even
44:34
Amanda Han: more
44:34
Amanda Han: than
44:34
Amanda Han: 30
44:34
Amanda Han: days.
44:35
Amanda Han: So
44:35
Amanda Han: typically
44:36
Amanda Han: they're
44:36
Amanda Han: not
44:37
Amanda Han: part
44:37
Amanda Han: of
44:37
Amanda Han: the
44:37
Amanda Han: short
44:37
Amanda Han: term
44:37
Amanda Han: rental
44:38
Amanda Han: loophole.
44:38
Sarah Karakaian: Is
44:38
Sarah Karakaian: there
44:39
Sarah Karakaian: any
44:39
Sarah Karakaian: other
44:39
Sarah Karakaian: strategy
44:40
Sarah Karakaian: tax
44:40
Sarah Karakaian: wise
44:41
Sarah Karakaian: where
44:41
Sarah Karakaian: midterm
44:41
Sarah Karakaian: rentals
44:42
Sarah Karakaian: would
44:42
Sarah Karakaian: win
44:43
Sarah Karakaian: out?
44:43
Sarah Karakaian: Over
44:44
Sarah Karakaian: short
44:44
Sarah Karakaian: term
44:44
Sarah Karakaian: or
44:45
Sarah Karakaian: is
44:45
Sarah Karakaian: it
44:45
Sarah Karakaian: simply
44:46
Sarah Karakaian: You're
44:46
Sarah Karakaian: nodding.
44:47
Sarah Karakaian: Yeah.
44:47
Sarah Karakaian: What
44:47
Sarah Karakaian: do
44:47
Sarah Karakaian: you,
44:47
Sarah Karakaian: what
44:47
Sarah Karakaian: do
44:47
Sarah Karakaian: you
44:47
Sarah Karakaian: think
44:47
Sarah Karakaian: to
44:47
Sarah Karakaian: that?
44:48
Amanda Han: Sure.
44:49
Amanda Han: Well,
44:49
Amanda Han: um,
44:50
Amanda Han: you
44:50
Amanda Han: know,
44:52
Amanda Han: like
44:52
Amanda Han: anything
44:52
Amanda Han: in
44:52
Amanda Han: taxes,
44:53
Amanda Han: there's
44:53
Amanda Han: not
44:53
Amanda Han: a
44:53
Amanda Han: one
44:53
Amanda Han: size
44:53
Amanda Han: fits
44:54
Amanda Han: all.
44:54
Amanda Han: Mm-hmm.
44:54
Amanda Han: I
44:54
Amanda Han: know
44:54
Amanda Han: we
44:54
Amanda Han: just
44:55
Amanda Han: spend
44:55
Amanda Han: all
44:55
Amanda Han: of
44:55
Amanda Han: our
44:55
Amanda Han: time
44:55
Amanda Han: talking
44:56
Amanda Han: about
44:56
Amanda Han: how
44:56
Amanda Han: amazing
44:57
Amanda Han: short
44:57
Amanda Han: term
44:57
Amanda Han: rentals
44:57
Amanda Han: are
44:57
Amanda Han: and
44:58
Amanda Han: the
44:58
Amanda Han: loophole.
44:59
Amanda Han: Um,
44:59
Amanda Han: we
44:59
Amanda Han: actually
44:59
Amanda Han: have
45:00
Amanda Han: clients,
45:00
Amanda Han: we
45:00
Amanda Han: advise
45:01
Amanda Han: against
45:02
Amanda Han: having
45:02
Amanda Han: it
45:02
Amanda Han: as
45:02
Amanda Han: a
45:02
Amanda Han: short
45:03
Amanda Han: term.
45:03
Amanda Han: So,
45:03
Amanda Han: so
45:03
Amanda Han: mainly
45:04
Amanda Han: just
45:04
Amanda Han: meaning
45:04
Amanda Han: if
45:04
Amanda Han: you
45:05
Amanda Han: do
45:05
Amanda Han: short
45:05
Amanda Han: term.
45:06
Amanda Han: I
45:06
Amanda Han: want
45:06
Amanda Han: the
45:06
Amanda Han: average
45:06
Amanda Han: guest
45:07
Amanda Han: to
45:07
Amanda Han: stay
45:07
Amanda Han: to
45:07
Amanda Han: be
45:07
Amanda Han: longer
45:08
Amanda Han: than
45:08
Amanda Han: seven
45:08
Amanda Han: days.
45:09
Amanda Han: Um,
45:09
Amanda Han: who
45:09
Amanda Han: is
45:09
Amanda Han: that
45:10
Amanda Han: good
45:10
Amanda Han: for
45:10
Amanda Han: Somebody
45:11
Amanda Han: who's
45:11
Amanda Han: a
45:11
Amanda Han: real
45:11
Amanda Han: estate
45:11
Amanda Han: professional?
45:12
Amanda Han: Mm-hmm.
45:13
Amanda Han: So
45:13
Amanda Han: if
45:13
Amanda Han: you
45:14
Amanda Han: are
45:14
Amanda Han: a
45:14
Amanda Han: real
45:14
Amanda Han: estate
45:14
Amanda Han: professional
45:15
Amanda Han: because
45:15
Amanda Han: you
45:15
Amanda Han: own
45:15
Amanda Han: a
45:15
Amanda Han: bunch
45:16
Amanda Han: of
45:16
Amanda Han: long-term
45:16
Amanda Han: rentals,
45:17
Amanda Han: you
45:17
Amanda Han: already
45:17
Amanda Han: self-manage
45:18
Amanda Han: your
45:18
Amanda Han: rentals,
45:19
Amanda Han: then
45:20
Amanda Han: it's
45:20
Amanda Han: easier
45:21
Amanda Han: if
45:21
Amanda Han: your
45:21
Amanda Han: short-term
45:22
Amanda Han: rentals
45:22
Amanda Han: are
45:22
Amanda Han: treated
45:23
Amanda Han: like
45:23
Amanda Han: long-term
45:23
Amanda Han: rentals,
45:24
Amanda Han: right?
45:24
Amanda Han: With
45:24
Amanda Han: average
45:25
Amanda Han: guest
45:26
Amanda Han: stay
45:26
Amanda Han: of
45:26
Amanda Han: seven
45:26
Amanda Han: days
45:26
Amanda Han: or
45:26
Amanda Han: more.
45:27
Amanda Han: Because
45:27
Amanda Han: then
45:27
Amanda Han: you
45:28
Amanda Han: don't
45:28
Amanda Han: need
45:28
Amanda Han: to
45:28
Amanda Han: separately
45:29
Amanda Han: meet
45:29
Amanda Han: material
45:29
Amanda Han: participation
45:30
Amanda Han: for
45:30
Amanda Han: this
45:30
Amanda Han: one
45:30
Amanda Han: property.
45:31
Amanda Han: You
45:31
Amanda Han: can
45:32
Amanda Han: group
45:32
Amanda Han: it
45:32
Amanda Han: together
45:32
Amanda Han: with
45:33
Amanda Han: all
45:33
Amanda Han: of
45:33
Amanda Han: your
45:33
Amanda Han: long-term
45:33
Amanda Han: rentals.
45:34
Amanda Han: You
45:34
Amanda Han: already
45:35
Amanda Han: naturally
45:35
Amanda Han: can
45:35
Amanda Han: use
45:36
Amanda Han: all
45:36
Amanda Han: the
45:36
Amanda Han: losses.
45:37
Sarah Karakaian: I
45:37
Sarah Karakaian: love
45:37
Sarah Karakaian: that.
45:37
Amanda Han: And
45:37
Amanda Han: the,
45:38
Amanda Han: the
45:38
Amanda Han: midterm
45:38
Amanda Han: rental,
45:39
Amanda Han: like
45:39
Amanda Han: is
45:39
Amanda Han: it
45:39
Amanda Han: better
45:40
Amanda Han: to
45:40
Amanda Han: have
45:40
Amanda Han: a
45:40
Amanda Han: midterm
45:40
Amanda Han: rental?
45:40
Amanda Han: That
45:41
Amanda Han: would
45:41
Amanda Han: be
45:41
Amanda Han: a
45:41
Amanda Han: good
45:41
Amanda Han: example
45:42
Amanda Han: as
45:42
Amanda Han: well.
45:42
Amanda Han: Like
45:42
Amanda Han: maybe
45:43
Amanda Han: I'll
45:43
Amanda Han: operate
45:43
Amanda Han: as
45:43
Amanda Han: a
45:43
Amanda Han: midterm
45:44
Amanda Han: 'cause
45:44
Amanda Han: it's
45:44
Amanda Han: all
45:44
Amanda Han: part
45:45
Amanda Han: of
45:45
Amanda Han: real
45:45
Amanda Han: estate
45:45
Amanda Han: professional
45:45
Amanda Han: bucket.
45:47
Sarah Karakaian: Perfect.
45:48
Sarah Karakaian: Any
45:48
Sarah Karakaian: other
45:48
Sarah Karakaian: questions
45:49
Sarah Karakaian: Annette?
45:49
Sarah Karakaian: I
45:50
Sarah Karakaian: mean
45:50
Sarah Karakaian: so
45:50
Sarah Karakaian: many,
45:50
Sarah Karakaian: but
45:51
Annette Grant: yeah.
45:52
Annette Grant: What
45:52
Annette Grant: if
45:52
Annette Grant: you,
45:55
Annette Grant: what
45:55
Annette Grant: if
45:55
Annette Grant: you
45:55
Annette Grant: filed
45:55
Annette Grant: your
45:55
Annette Grant: taxes
45:56
Annette Grant: and
45:56
Annette Grant: you're
45:56
Annette Grant: like,
45:57
Annette Grant: wait,
45:58
Annette Grant: I
45:58
Annette Grant: had
45:58
Annette Grant: material.
45:59
Annette Grant: Participation.
46:01
Annette Grant: I
46:01
Annette Grant: didn't
46:01
Annette Grant: take
46:02
Annette Grant: advantage
46:03
Annette Grant: like
46:03
Annette Grant: I
46:03
Annette Grant: should
46:04
Annette Grant: have.
46:05
Annette Grant: Can
46:06
Annette Grant: you
46:06
Annette Grant: do
46:06
Annette Grant: an
46:07
Annette Grant: amended
46:07
Annette Grant: tax?
46:07
Annette Grant: Like
46:07
Annette Grant: or,
46:08
Annette Grant: Hey,
46:08
Annette Grant: I
46:08
Annette Grant: was
46:08
Annette Grant: working
46:09
Annette Grant: like
46:10
Annette Grant: maybe
46:10
Annette Grant: there's
46:10
Annette Grant: someone
46:10
Annette Grant: out
46:11
Annette Grant: there,
46:11
Annette Grant: they
46:11
Annette Grant: had
46:11
Annette Grant: this
46:11
Annette Grant: conversation
46:12
Annette Grant: with
46:12
Annette Grant: their
46:12
Annette Grant: CPA.
46:13
Annette Grant: The
46:13
Annette Grant: CPA
46:14
Annette Grant: was
46:14
Annette Grant: like,
46:14
Annette Grant: well,
46:14
Annette Grant: you're
46:14
Annette Grant: not
46:15
Annette Grant: a
46:15
Annette Grant: real
46:15
Annette Grant: estate
46:15
Annette Grant: professional.
46:17
Annette Grant: They
46:17
Annette Grant: kind
46:17
Annette Grant: of
46:17
Annette Grant: just,
46:18
Annette Grant: it
46:18
Annette Grant: happens,
46:18
Annette Grant: you
46:19
Annette Grant: know,
46:19
Annette Grant: like,
46:19
Annette Grant: alright,
46:19
Annette Grant: fine,
46:20
Annette Grant: check
46:20
Annette Grant: the
46:20
Annette Grant: box.
46:20
Annette Grant: Turned
46:20
Annette Grant: it
46:21
Annette Grant: in
46:21
Annette Grant: and
46:21
Annette Grant: now
46:21
Annette Grant: they're
46:21
Annette Grant: like
46:21
Annette Grant: listening
46:22
Annette Grant: to
46:22
Annette Grant: this
46:22
Annette Grant: and
46:22
Annette Grant: it's
46:22
Annette Grant: like,
46:23
Annette Grant: holy
46:23
Annette Grant: smokes.
46:24
Annette Grant: I
46:24
Annette Grant: told
46:24
Annette Grant: them,
46:24
Annette Grant: I
46:24
Annette Grant: was
46:25
Annette Grant: like,
46:25
Annette Grant: I
46:25
Annette Grant: should
46:26
Annette Grant: have
46:26
Annette Grant: been
46:26
Annette Grant: able
46:26
Annette Grant: to,
46:27
Annette Grant: uh,
46:28
Annette Grant: use
46:28
Annette Grant: this
46:29
Annette Grant: tax
46:29
Annette Grant: loophole.
46:30
Annette Grant: How
46:30
Annette Grant: can
46:31
Annette Grant: we
46:31
Annette Grant: go
46:31
Annette Grant: back?
46:31
Annette Grant: I
46:32
Annette Grant: feel
46:32
Annette Grant: like
46:32
Annette Grant: a
46:32
Annette Grant: lot
46:32
Annette Grant: of
46:32
Annette Grant: people
46:33
Annette Grant: think
46:33
Annette Grant: like
46:33
Annette Grant: taxes
46:33
Annette Grant: are
46:33
Annette Grant: final
46:34
Annette Grant: and
46:34
Annette Grant: that's
46:34
Annette Grant: it.
46:35
Annette Grant: What
46:36
Annette Grant: if
46:36
Annette Grant: we
46:36
Annette Grant: wanna
46:36
Annette Grant: go
46:36
Annette Grant: back
46:37
Annette Grant: and
46:37
Annette Grant: see
46:37
Annette Grant: if
46:37
Annette Grant: we
46:38
Annette Grant: could
46:38
Annette Grant: have
46:38
Annette Grant: been
46:38
Annette Grant: taking
46:38
Annette Grant: advantage
46:39
Annette Grant: of
46:39
Annette Grant: some
46:39
Annette Grant: things
46:39
Annette Grant: that
46:39
Annette Grant: we
46:40
Annette Grant: haven't
46:40
Annette Grant: been
46:40
Annette Grant: taking
46:40
Annette Grant: advantage
46:41
Annette Grant: of
46:41
Annette Grant: over
46:41
Annette Grant: the
46:41
Annette Grant: past
46:41
Annette Grant: couple
46:41
Annette Grant: of
46:42
Annette Grant: years?
46:43
Amanda Han: Is
46:43
Amanda Han: it
46:43
Amanda Han: possible
46:44
Amanda Han: it's
46:44
Amanda Han: possible
46:44
Amanda Han: to
46:44
Amanda Han: go
46:45
Amanda Han: back?
46:45
Amanda Han: Yeah,
46:46
Amanda Han: it
46:46
Amanda Han: is
46:46
Amanda Han: possible
46:47
Amanda Han: to
46:47
Amanda Han: do
46:47
Amanda Han: back,
46:47
Amanda Han: to
46:47
Amanda Han: go
46:48
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46:48
Amanda Han: Um,
46:49
Amanda Han: but
46:50
Amanda Han: it
46:50
Amanda Han: involves
46:51
Amanda Han: a,
46:51
Amanda Han: a
46:51
Amanda Han: much
46:52
Amanda Han: deeper
46:53
Amanda Han: level
46:53
Amanda Han: of
46:53
Amanda Han: analysis.
46:54
Amanda Han: Um,
46:55
Amanda Han: I'll
46:55
Amanda Han: tell
46:55
Amanda Han: you
46:55
Amanda Han: why.
46:55
Amanda Han: The
46:55
Amanda Han: reasons
46:56
Amanda Han: are,
46:57
Amanda Han: um,
46:57
Amanda Han: if
46:58
Amanda Han: you
46:58
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46:58
Amanda Han: back
46:59
Amanda Han: first
46:59
Amanda Han: and
46:59
Amanda Han: foremost,
46:59
Amanda Han: there's
47:00
Amanda Han: potentially
47:00
Amanda Han: higher
47:00
Amanda Han: audit
47:01
Amanda Han: risk.
47:01
Amanda Han: Okay.
47:02
Amanda Han: Because
47:02
Amanda Han: when
47:02
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47:02
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47:02
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47:03
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47:03
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47:03
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47:03
Amanda Han: an
47:04
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47:04
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47:04
Amanda Han: You
47:04
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47:04
Amanda Han: to
47:04
Amanda Han: tell
47:05
Amanda Han: IRS,
47:05
Amanda Han: why
47:05
Amanda Han: am
47:05
Amanda Han: I
47:05
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47:06
Amanda Han: What
47:06
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47:07
Amanda Han: So
47:07
Amanda Han: you're
47:07
Amanda Han: actually
47:07
Amanda Han: prompting
47:08
Amanda Han: them
47:08
Amanda Han: to
47:08
Amanda Han: tell
47:08
Amanda Han: them,
47:09
Amanda Han: like,
47:09
Amanda Han: this
47:09
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47:09
Amanda Han: something
47:09
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47:10
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47:10
Amanda Han: Okay.
47:11
Amanda Han: Um,
47:11
Amanda Han: and
47:11
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47:12
Amanda Han: if
47:12
Amanda Han: the
47:12
Amanda Han: amendment
47:14
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47:14
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47:16
Amanda Han: I.
47:17
Amanda Han: If
47:17
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47:18
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47:18
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47:18
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47:19
Amanda Han: actually
47:19
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47:20
Amanda Han: a
47:20
Amanda Han: large
47:20
Amanda Han: refund,
47:20
Amanda Han: that's
47:21
Amanda Han: an
47:21
Amanda Han: even
47:21
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47:21
Amanda Han: audit
47:21
Amanda Han: risk.
47:22
Amanda Han: 'cause
47:22
Amanda Han: now
47:22
Amanda Han: they're
47:22
Amanda Han: gonna
47:22
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47:23
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47:23
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47:23
Amanda Han: right?
47:24
Amanda Han: Um,
47:24
Amanda Han: there
47:24
Amanda Han: are
47:25
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47:25
Amanda Han: things
47:25
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47:25
Amanda Han: the
47:25
Amanda Han: tax
47:25
Amanda Han: world
47:26
Amanda Han: we
47:26
Amanda Han: can
47:26
Amanda Han: amend
47:26
Amanda Han: for
47:27
Amanda Han: and
47:27
Amanda Han: certain
47:27
Amanda Han: things
47:27
Amanda Han: that
47:27
Amanda Han: we
47:27
Amanda Han: can't
47:28
Amanda Han: even
47:28
Amanda Han: like
47:28
Amanda Han: for
47:28
Amanda Han: cost
47:29
Amanda Han: segregation,
47:29
Amanda Han: right?
47:30
Amanda Han: Because
47:30
Amanda Han: one
47:30
Amanda Han: of
47:30
Amanda Han: the
47:30
Amanda Han: benefits
47:30
Amanda Han: of,
47:31
Amanda Han: of
47:31
Amanda Han: maybe
47:31
Amanda Han: amending
47:32
Amanda Han: is,
47:32
Amanda Han: gosh,
47:32
Amanda Han: I
47:32
Amanda Han: didn't
47:33
Amanda Han: do
47:33
Amanda Han: accelerated
47:33
Amanda Han: depreciation.
47:34
Amanda Han: I'm
47:34
Amanda Han: gonna
47:34
Amanda Han: do
47:34
Amanda Han: that,
47:35
Amanda Han: and
47:35
Amanda Han: real
47:35
Amanda Han: estate
47:35
Amanda Han: professional
47:36
Amanda Han: or
47:36
Amanda Han: short
47:36
Amanda Han: term
47:36
Amanda Han: loophole
47:37
Amanda Han: and
47:37
Amanda Han: do
47:37
Amanda Han: all
47:37
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47:38
Amanda Han: Um,
47:38
Amanda Han: but
47:39
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47:40
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47:40
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47:40
Amanda Han: things,
47:41
Amanda Han: uh,
47:41
Amanda Han: certain
47:41
Amanda Han: types
47:42
Amanda Han: of
47:42
Amanda Han: assets.
47:43
Amanda Han: Where
47:43
Amanda Han: we
47:43
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47:44
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47:44
Amanda Han: back
47:44
Amanda Han: and
47:44
Amanda Han: amend
47:45
Amanda Han: for
47:45
Amanda Han: the
47:45
Amanda Han: cost
47:45
Amanda Han: segregation.
47:46
Amanda Han: So
47:46
Amanda Han: those
47:46
Amanda Han: little
47:47
Amanda Han: things
47:47
Amanda Han: like
47:47
Amanda Han: that's
47:47
Amanda Han: more
47:48
Amanda Han: technical,
47:48
Amanda Han: like,
47:49
Amanda Han: should
47:49
Amanda Han: I
47:49
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47:49
Amanda Han: it?
47:50
Amanda Han: How
47:50
Amanda Han: much
47:50
Amanda Han: benefit
47:50
Amanda Han: am
47:50
Amanda Han: I
47:50
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47:51
Amanda Han: get?
47:51
Annette Grant: Sure.
47:52
Amanda Han: The
47:52
Amanda Han: good
47:52
Amanda Han: news
47:52
Amanda Han: though,
47:53
Amanda Han: is
47:54
Amanda Han: you
47:54
Amanda Han: can
47:54
Amanda Han: always
47:55
Amanda Han: catch
47:55
Amanda Han: up
47:56
Amanda Han: on
47:56
Amanda Han: a
47:56
Amanda Han: go
47:57
Amanda Han: forward
47:57
Amanda Han: basis.
47:58
Amanda Han: So
47:58
Amanda Han: meaning
47:58
Amanda Han: this
47:58
Amanda Han: is
47:58
Amanda Han: the
47:59
Amanda Han: first
47:59
Amanda Han: time
47:59
Amanda Han: you
47:59
Amanda Han: ever
47:59
Amanda Han: heard
47:59
Amanda Han: about
48:00
Amanda Han: it.
48:00
Amanda Han: Gosh,
48:00
Amanda Han: I
48:00
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48:01
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48:01
Amanda Han: I
48:01
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48:02
Amanda Han: but
48:02
Amanda Han: I
48:03
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48:03
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48:03
Amanda Han: regular
48:04
Amanda Han: depreciation.
48:05
Amanda Han: Well
48:05
Amanda Han: before
48:06
Amanda Han: you
48:06
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48:06
Amanda Han: this
48:07
Amanda Han: year's
48:07
Amanda Han: taxes.
48:08
Amanda Han: What
48:08
Amanda Han: you
48:08
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48:09
Amanda Han: do
48:10
Amanda Han: is
48:10
Amanda Han: you
48:10
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48:10
Amanda Han: claim
48:10
Amanda Han: material
48:11
Amanda Han: participation.
48:11
Amanda Han: If
48:12
Amanda Han: you
48:12
Amanda Han: didn't
48:12
Amanda Han: do
48:12
Amanda Han: accelerate
48:13
Amanda Han: depreciation,
48:14
Amanda Han: you
48:14
Amanda Han: can
48:14
Amanda Han: catch
48:14
Amanda Han: up
48:14
Amanda Han: for
48:15
Amanda Han: what
48:15
Amanda Han: you
48:15
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48:15
Amanda Han: do
48:15
Amanda Han: in
48:16
Amanda Han: the
48:16
Amanda Han: past
48:16
Amanda Han: and
48:16
Amanda Han: do
48:17
Amanda Han: it
48:17
Amanda Han: all
48:18
Amanda Han: on
48:18
Amanda Han: this
48:18
Amanda Han: coming
48:18
Amanda Han: tax
48:19
Amanda Han: return.
48:19
Amanda Han: Okay?
48:20
Amanda Han: So
48:20
Amanda Han: it's
48:20
Amanda Han: just
48:20
Amanda Han: a
48:20
Amanda Han: matter
48:20
Amanda Han: of
48:21
Amanda Han: weighing
48:21
Amanda Han: when
48:21
Amanda Han: we
48:21
Amanda Han: work
48:21
Amanda Han: with
48:22
Amanda Han: clients
48:22
Amanda Han: who
48:22
Amanda Han: kind
48:22
Amanda Han: of
48:22
Amanda Han: missed
48:23
Amanda Han: out
48:23
Amanda Han: on
48:23
Amanda Han: those
48:23
Amanda Han: things,
48:24
Amanda Han: we
48:24
Amanda Han: have
48:24
Amanda Han: to
48:24
Amanda Han: help
48:24
Amanda Han: them
48:25
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48:25
Amanda Han: out.
48:25
Amanda Han: Is
48:25
Amanda Han: it
48:25
Amanda Han: better
48:25
Amanda Han: to
48:26
Amanda Han: amend
48:26
Amanda Han: or
48:26
Amanda Han: is
48:26
Amanda Han: it
48:26
Amanda Han: better
48:27
Amanda Han: to
48:27
Amanda Han: just
48:27
Amanda Han: catch
48:27
Amanda Han: it
48:27
Amanda Han: up
48:28
Amanda Han: on
48:28
Amanda Han: going
48:28
Amanda Han: forward?
48:29
Amanda Han: Um,
48:30
Amanda Han: what's
48:30
Amanda Han: kind
48:30
Amanda Han: of
48:30
Amanda Han: the
48:30
Amanda Han: cost
48:31
Amanda Han: benefit
48:31
Amanda Han: of
48:31
Amanda Han: each
48:31
Amanda Han: of
48:31
Amanda Han: those
48:32
Amanda Han: decisions?
48:32
Annette Grant: Okay,
48:33
Annette Grant: so
48:33
Annette Grant: it's
48:33
Annette Grant: not
48:33
Annette Grant: all
48:33
Annette Grant: lost.
48:34
Annette Grant: Can
48:34
Annette Grant: you
48:34
Annette Grant: give
48:34
Annette Grant: us,
48:36
Annette Grant: um,
48:36
Annette Grant: you
48:37
Annette Grant: know,
48:37
Annette Grant: I
48:37
Annette Grant: had
48:37
Annette Grant: talked
48:37
Annette Grant: about
48:38
Annette Grant: what,
48:38
Annette Grant: what
48:38
Annette Grant: I
48:38
Annette Grant: see,
48:39
Annette Grant: um,
48:39
Annette Grant: all
48:40
Annette Grant: over
48:40
Annette Grant: LinkedIn.
48:41
Annette Grant: Like,
48:41
Annette Grant: can
48:42
Annette Grant: you
48:42
Annette Grant: give
48:42
Annette Grant: us
48:43
Annette Grant: what
48:43
Annette Grant: is
48:43
Annette Grant: an
48:43
Annette Grant: average?
48:43
Annette Grant: Like
48:44
Annette Grant: what
48:44
Annette Grant: is
48:44
Annette Grant: a
48:44
Annette Grant: good,
48:45
Annette Grant: you
48:45
Annette Grant: know,
48:45
Annette Grant: obviously
48:45
Annette Grant: no
48:45
Annette Grant: names
48:46
Annette Grant: I
48:46
Annette Grant: think,
48:46
Annette Grant: but
48:46
Annette Grant: what
48:46
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48:47
Annette Grant: a
48:47
Annette Grant: very
48:47
Annette Grant: common,
48:48
Annette Grant: um.
48:50
Annette Grant: Strategy
48:51
Annette Grant: that
48:51
Annette Grant: you
48:51
Annette Grant: see
48:51
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48:52
Annette Grant: hey,
48:52
Annette Grant: they,
48:52
Annette Grant: they
48:53
Annette Grant: have
48:53
Annette Grant: a
48:53
Annette Grant: W2
48:53
Annette Grant: and
48:54
Annette Grant: they're
48:54
Annette Grant: making
48:54
Annette Grant: X,
48:55
Annette Grant: you
48:55
Annette Grant: know,
48:55
Annette Grant: is
48:55
Annette Grant: it
48:55
Annette Grant: a
48:55
Annette Grant: couple?
48:56
Annette Grant: Is
48:56
Annette Grant: it
48:56
Annette Grant: normally
48:56
Annette Grant: a
48:56
Annette Grant: couple?
48:57
Annette Grant: Is
48:57
Annette Grant: it
48:57
Annette Grant: like,
48:57
Annette Grant: what's,
48:58
Annette Grant: can
48:58
Annette Grant: you
48:58
Annette Grant: give
48:58
Annette Grant: us
48:59
Annette Grant: a
48:59
Annette Grant: scenario
49:00
Annette Grant: of
49:00
Annette Grant: this
49:00
Annette Grant: tax
49:01
Annette Grant: saving
49:01
Annette Grant: when
49:01
Annette Grant: they
49:02
Annette Grant: purchased,
49:02
Annette Grant: they
49:02
Annette Grant: have
49:03
Annette Grant: the
49:03
Annette Grant: material,
49:04
Annette Grant: um,
49:04
Annette Grant: participation.
49:05
Annette Grant: What
49:05
Annette Grant: have
49:05
Annette Grant: you
49:05
Annette Grant: seen?
49:06
Annette Grant: Save
49:07
Annette Grant: some
49:07
Annette Grant: savings.
49:07
Annette Grant: What
49:07
Annette Grant: do
49:07
Annette Grant: you,
49:08
Annette Grant: nor,
49:08
Annette Grant: you
49:08
Annette Grant: know,
49:08
Annette Grant: if
49:08
Annette Grant: you
49:08
Annette Grant: can
49:09
Annette Grant: give
49:09
Annette Grant: us
49:09
Annette Grant: an
49:09
Annette Grant: example.
49:10
Annette Grant: Very
49:11
Annette Grant: common.
49:11
Annette Grant: Oh,
49:11
Amanda Han: um,
49:12
Amanda Han: yeah,
49:13
Amanda Han: I
49:13
Amanda Han: mean.
49:14
Amanda Han: Every
49:15
Amanda Han: year
49:15
Amanda Han: is
49:15
Amanda Han: a
49:15
Amanda Han: little
49:15
Amanda Han: bit
49:16
Amanda Han: different.
49:16
Amanda Han: We
49:16
Amanda Han: didn't
49:16
Amanda Han: talk
49:16
Amanda Han: about
49:17
Amanda Han: bonus
49:17
Amanda Han: depreciation,
49:18
Amanda Han: but
49:19
Amanda Han: um,
49:19
Amanda Han: currently
49:20
Amanda Han: we
49:20
Amanda Han: have,
49:21
Amanda Han: uh,
49:21
Amanda Han: 40%
49:22
Amanda Han: bonus
49:22
Amanda Han: depreciation.
49:23
Amanda Han: So
49:24
Amanda Han: what
49:24
Amanda Han: that
49:24
Amanda Han: means
49:24
Amanda Han: is
49:24
Amanda Han: like
49:24
Amanda Han: when
49:25
Amanda Han: you
49:25
Amanda Han: take
49:25
Amanda Han: accelerated
49:26
Amanda Han: depreciation,
49:26
Amanda Han: not
49:26
Amanda Han: only
49:27
Amanda Han: are
49:27
Amanda Han: you
49:27
Amanda Han: doing
49:27
Amanda Han: it
49:27
Amanda Han: faster,
49:28
Amanda Han: but
49:28
Amanda Han: we
49:29
Amanda Han: add
49:29
Amanda Han: this
49:29
Amanda Han: layer
49:30
Amanda Han: of
49:30
Amanda Han: bonus
49:30
Amanda Han: depreciation
49:31
Amanda Han: on
49:31
Amanda Han: top
49:31
Amanda Han: of
49:31
Amanda Han: it
49:31
Amanda Han: to
49:31
Amanda Han: make
49:32
Amanda Han: it
49:33
Amanda Han: like
49:33
Amanda Han: even
49:33
Amanda Han: faster.
49:34
Amanda Han: Um,
49:35
Amanda Han: and,
49:35
Amanda Han: uh,
49:36
Amanda Han: there
49:36
Amanda Han: are
49:37
Amanda Han: talks
49:37
Amanda Han: right
49:37
Amanda Han: now
49:38
Amanda Han: of
49:38
Amanda Han: bringing
49:39
Amanda Han: back
49:39
Amanda Han: a
49:39
Amanda Han: hundred
49:39
Amanda Han: percent
49:40
Amanda Han: bonus
49:40
Amanda Han: depreciation
49:41
Amanda Han: to
49:41
Amanda Han: 2025.
49:42
Amanda Han: Whether
49:43
Amanda Han: that
49:43
Amanda Han: comes
49:43
Amanda Han: back
49:43
Amanda Han: or
49:43
Amanda Han: not
49:44
Amanda Han: is
49:44
Amanda Han: anyone's
49:44
Amanda Han: guess,
49:45
Amanda Han: but
49:45
Amanda Han: let's
49:45
Amanda Han: assume,
49:46
Amanda Han: well,
49:46
Amanda Han: we
49:46
Amanda Han: can
49:46
Amanda Han: talk
49:47
Amanda Han: about
49:47
Amanda Han: two
49:47
Amanda Han: scenarios.
49:47
Amanda Han: Let's
49:47
Amanda Han: assume
49:48
Amanda Han: that
49:48
Amanda Han: there
49:48
Amanda Han: is
49:48
Amanda Han: no,
49:49
Amanda Han: you
49:49
Amanda Han: know,
49:49
Amanda Han: we
49:50
Amanda Han: just
49:50
Amanda Han: keep
49:50
Amanda Han: the
49:50
Amanda Han: current
49:50
Amanda Han: law.
49:51
Amanda Han: Um,
49:52
Amanda Han: so
49:53
Amanda Han: I
49:53
Amanda Han: was
49:53
Amanda Han: just
49:53
Amanda Han: talking
49:53
Amanda Han: to
49:53
Amanda Han: a
49:53
Amanda Han: cost
49:54
Amanda Han: segregation
49:54
Amanda Han: firm
49:54
Amanda Han: yesterday
49:55
Amanda Han: actually.
49:56
Amanda Han: So
49:56
Amanda Han: right
49:57
Amanda Han: now
49:57
Amanda Han: if
49:58
Amanda Han: it's
49:58
Amanda Han: like
49:58
Amanda Han: a
49:58
Amanda Han: hundred
49:58
Amanda Han: thousand
49:59
Amanda Han: dollars
49:59
Amanda Han: building,
50:00
Amanda Han: um.
50:02
Amanda Han: Generally
50:02
Amanda Han: you're
50:02
Amanda Han: expecting
50:03
Amanda Han: about
50:03
Amanda Han: $20,000
50:05
Amanda Han: in
50:05
Amanda Han: first
50:05
Amanda Han: year
50:06
Amanda Han: depreciation
50:07
Amanda Han: on
50:07
Amanda Han: the
50:07
Amanda Han: high
50:07
Amanda Han: end.
50:08
Amanda Han: So
50:09
Amanda Han: you
50:09
Amanda Han: know,
50:09
Amanda Han: as
50:09
Amanda Han: you
50:09
Amanda Han: scale
50:10
Amanda Han: up,
50:10
Amanda Han: the
50:10
Amanda Han: higher
50:10
Amanda Han: the
50:10
Amanda Han: property
50:10
Amanda Han: building,
50:11
Amanda Han: you
50:11
Amanda Han: can
50:11
Amanda Han: kind
50:11
Amanda Han: of
50:11
Amanda Han: use
50:12
Amanda Han: those
50:12
Amanda Han: same
50:12
Amanda Han: ratio
50:12
Amanda Han: at
50:13
Amanda Han: roughly
50:13
Amanda Han: 20%.
50:14
Amanda Han: Okay.
50:14
Amanda Han: Um,
50:15
Amanda Han: back
50:15
Amanda Han: when
50:16
Amanda Han: we
50:16
Amanda Han: had
50:16
Amanda Han: a
50:16
Amanda Han: hundred
50:16
Amanda Han: percent
50:17
Amanda Han: bonus
50:17
Amanda Han: depreciation,
50:19
Amanda Han: um,
50:19
Amanda Han: those
50:19
Amanda Han: were
50:20
Amanda Han: maybe
50:21
Amanda Han: 30%,
50:22
Amanda Han: roughly,
50:22
Amanda Han: so
50:22
Amanda Han: on
50:22
Amanda Han: a
50:22
Amanda Han: hundred
50:23
Amanda Han: thousand
50:23
Amanda Han: dollars
50:23
Amanda Han: property,
50:24
Amanda Han: maybe
50:24
Amanda Han: 30,000
50:25
Amanda Han: in
50:25
Amanda Han: first
50:26
Amanda Han: year
50:26
Amanda Han: depreciation,
50:27
Amanda Han: and
50:27
Amanda Han: you
50:27
Amanda Han: kind
50:27
Amanda Han: of
50:28
Amanda Han: go
50:28
Amanda Han: up
50:28
Amanda Han: from
50:28
Amanda Han: there.
50:28
Amanda Han: Now
50:28
Amanda Han: keep
50:28
Amanda Han: in
50:28
Amanda Han: mind,
50:29
Amanda Han: this
50:29
Amanda Han: is
50:29
Amanda Han: just
50:29
Amanda Han: the
50:29
Amanda Han: building.
50:30
Amanda Han: For
50:30
Amanda Han: short
50:31
Amanda Han: term
50:31
Amanda Han: rental
50:31
Amanda Han: investors,
50:32
Amanda Han: it's
50:32
Amanda Han: more
50:32
Amanda Han: than
50:33
Amanda Han: just
50:33
Amanda Han: buying
50:33
Amanda Han: the
50:33
Amanda Han: property,
50:34
Amanda Han: right?
50:34
Amanda Han: So
50:34
Amanda Han: it's
50:34
Amanda Han: all
50:34
Amanda Han: the
50:35
Amanda Han: furniture
50:35
Amanda Han: and
50:35
Amanda Han: all
50:35
Amanda Han: that
50:36
Amanda Han: that's
50:36
Amanda Han: eligible
50:37
Amanda Han: for
50:37
Amanda Han: depreciation
50:37
Amanda Han: as
50:38
Amanda Han: well.
50:38
Amanda Han: So,
50:39
Amanda Han: and
50:39
Amanda Han: then,
50:39
Amanda Han: you
50:39
Amanda Han: know,
50:39
Amanda Han: those
50:40
Amanda Han: numbers,
50:40
Amanda Han: you
50:40
Amanda Han: just
50:40
Amanda Han: kind
50:40
Amanda Han: of
50:40
Amanda Han: multiply
50:41
Amanda Han: it
50:41
Amanda Han: by
50:41
Amanda Han: whatever
50:41
Amanda Han: tax
50:42
Amanda Han: rate
50:42
Amanda Han: that
50:42
Amanda Han: person
50:43
Amanda Han: is
50:43
Amanda Han: in.
50:43
Amanda Han: So
50:43
Amanda Han: if
50:44
Amanda Han: they're
50:44
Amanda Han: in
50:44
Amanda Han: a,
50:44
Amanda Han: you
50:45
Amanda Han: know,
50:45
Amanda Han: if
50:45
Amanda Han: it's
50:45
Amanda Han: a
50:45
Amanda Han: hundred
50:46
Amanda Han: thousand
50:46
Amanda Han: dollars
50:46
Amanda Han: write
50:46
Amanda Han: off,
50:47
Amanda Han: they're
50:47
Amanda Han: in
50:47
Amanda Han: a
50:47
Amanda Han: 37%
50:48
Amanda Han: tax
50:48
Amanda Han: bracket
50:49
Amanda Han: and
50:49
Amanda Han: that's
50:49
Amanda Han: 37,000
50:50
Amanda Han: in
50:50
Amanda Han: taxes
50:51
Amanda Han: saved.
50:51
Amanda Han: So
50:51
Amanda Han: it's
50:52
Amanda Han: kind
50:52
Amanda Han: of
50:52
Amanda Han: a,
50:52
Amanda Han: a,
50:52
Amanda Han: a
50:52
Amanda Han: really
50:53
Amanda Han: high
50:53
Amanda Han: level
50:54
Amanda Han: rule
50:54
Amanda Han: of
50:54
Amanda Han: thumb
50:54
Amanda Han: to
50:55
Amanda Han: figure
50:55
Amanda Han: out
50:55
Amanda Han: how
50:55
Amanda Han: much
50:55
Amanda Han: savings
50:56
Amanda Han: can
50:56
Amanda Han: you
50:56
Amanda Han: get
50:56
Amanda Han: from
50:56
Amanda Han: a
50:56
Amanda Han: property.
50:57
Annette Grant: Okay.
50:58
Annette Grant: Do
50:58
Annette Grant: you
50:58
Annette Grant: have
50:58
Annette Grant: to
50:58
Annette Grant: do
50:59
Annette Grant: the
50:59
Annette Grant: cost
50:59
Annette Grant: segregation
51:00
Annette Grant: though
51:00
Annette Grant: to
51:00
Annette Grant: have
51:00
Annette Grant: the
51:01
Annette Grant: accelerated
51:01
Annette Grant: and
51:01
Annette Grant: bonus
51:02
Annette Grant: depreciation?
51:04
Amanda Han: You
51:04
Amanda Han: don't.
51:04
Amanda Han: So,
51:05
Amanda Han: um,
51:06
Amanda Han: you
51:06
Amanda Han: can
51:06
Amanda Han: take
51:06
Amanda Han: accelerated.
51:07
Amanda Han: So
51:07
Amanda Han: let's
51:07
Amanda Han: say
51:08
Amanda Han: you're
51:08
Amanda Han: somebody
51:08
Amanda Han: who,
51:09
Amanda Han: um,
51:09
Amanda Han: you
51:09
Amanda Han: bought
51:10
Amanda Han: a
51:10
Amanda Han: short-term
51:10
Amanda Han: rental
51:10
Amanda Han: and
51:11
Amanda Han: you're
51:11
Amanda Han: rehabbing
51:11
Amanda Han: it
51:12
Amanda Han: yourself.
51:12
Amanda Han: So
51:13
Amanda Han: you,
51:13
Amanda Han: like
51:13
Amanda Han: you
51:13
Amanda Han: did
51:13
Amanda Han: all
51:14
Amanda Han: of
51:14
Amanda Han: the
51:14
Amanda Han: new
51:14
Amanda Han: cabinets
51:14
Amanda Han: and
51:14
Amanda Han: all
51:14
Amanda Han: that.
51:15
Amanda Han: You
51:15
Amanda Han: already
51:15
Amanda Han: know
51:15
Amanda Han: the
51:15
Amanda Han: cost
51:16
Amanda Han: of
51:17
Amanda Han: this,
51:17
Amanda Han: the
51:17
Amanda Han: plumbing
51:17
Amanda Han: and
51:18
Amanda Han: all
51:18
Amanda Han: that.
51:18
Amanda Han: Um,
51:19
Amanda Han: your
51:19
Amanda Han: CPA
51:20
Amanda Han: could
51:20
Amanda Han: just.
51:21
Amanda Han: Take
51:21
Amanda Han: faster
51:21
Amanda Han: depreciation
51:22
Amanda Han: 'cause
51:22
Amanda Han: they
51:22
Amanda Han: already
51:22
Amanda Han: know
51:22
Amanda Han: what
51:22
Amanda Han: it
51:23
Amanda Han: is.
51:23
Amanda Han: You
51:23
Amanda Han: spent
51:23
Amanda Han: the
51:23
Amanda Han: money
51:24
Amanda Han: on
51:24
Amanda Han: it.
51:24
Amanda Han: Um,
51:25
Amanda Han: cost
51:25
Amanda Han: segregation
51:25
Amanda Han: generally
51:26
Amanda Han: is
51:26
Amanda Han: for
51:26
Amanda Han: the
51:26
Amanda Han: acquisition
51:27
Amanda Han: side.
51:27
Amanda Han: The
51:27
Amanda Han: building
51:28
Amanda Han: itself.
51:28
Amanda Han: You
51:28
Amanda Han: bought
51:28
Amanda Han: the
51:29
Amanda Han: building.
51:29
Amanda Han: Unless
51:29
Amanda Han: you're
51:29
Amanda Han: an
51:30
Amanda Han: engineer,
51:30
Amanda Han: you
51:30
Amanda Han: probably
51:31
Amanda Han: don't
51:31
Amanda Han: know
51:31
Amanda Han: what
51:31
Amanda Han: the
51:31
Amanda Han: components
51:32
Amanda Han: are
51:32
Amanda Han: and
51:33
Amanda Han: you
51:33
Amanda Han: can't
51:33
Amanda Han: assign
51:33
Amanda Han: a
51:33
Amanda Han: value.
51:34
Amanda Han: So
51:34
Amanda Han: that's
51:34
Amanda Han: what
51:34
Amanda Han: it's,
51:35
Amanda Han: got
51:36
Amanda Han: it.
51:36
Amanda Han: Yeah.
51:38
Sarah Karakaian: Alright.
51:38
Sarah Karakaian: Amanda,
51:39
Sarah Karakaian: if
51:39
Sarah Karakaian: someone
51:39
Sarah Karakaian: is
51:39
Sarah Karakaian: loving
51:40
Sarah Karakaian: this
51:40
Sarah Karakaian: conversation
51:41
Sarah Karakaian: and
51:41
Sarah Karakaian: they
51:41
Sarah Karakaian: wanna
51:41
Sarah Karakaian: learn
51:42
Sarah Karakaian: more
51:42
Sarah Karakaian: about
51:42
Sarah Karakaian: you,
51:43
Sarah Karakaian: what
51:43
Sarah Karakaian: services
51:44
Sarah Karakaian: are
51:44
Sarah Karakaian: you
51:44
Sarah Karakaian: offering?
51:45
Sarah Karakaian: Can
51:45
Sarah Karakaian: they
51:45
Sarah Karakaian: reach
51:45
Sarah Karakaian: out
51:45
Sarah Karakaian: to
51:46
Sarah Karakaian: you?
51:46
Sarah Karakaian: What,
51:47
Sarah Karakaian: what
51:47
Sarah Karakaian: does
51:47
Sarah Karakaian: that
51:47
Sarah Karakaian: look
51:47
Sarah Karakaian: like?
51:49
Amanda Han: Yes.
51:50
Amanda Han: Um,
51:50
Amanda Han: my
51:50
Amanda Han: company
51:50
Amanda Han: is
51:50
Amanda Han: called
51:51
Amanda Han: Keystone
51:51
Amanda Han: cpa,
51:52
Amanda Han: so
51:52
Amanda Han: you
51:52
Amanda Han: can
51:52
Amanda Han: go
51:52
Amanda Han: to
51:52
Amanda Han: keystone
51:53
Amanda Han: cpa.com.
51:53
Amanda Han: We
51:54
Amanda Han: have
51:54
Amanda Han: a
51:54
Amanda Han: lot
51:54
Amanda Han: of
51:54
Amanda Han: great,
51:55
Amanda Han: uh,
51:55
Amanda Han: free
51:56
Amanda Han: information
51:56
Amanda Han: on
51:57
Amanda Han: there.
51:57
Amanda Han: We
51:57
Amanda Han: actually
51:57
Amanda Han: created
51:58
Amanda Han: a
51:58
Amanda Han: tool,
51:59
Amanda Han: it's
51:59
Amanda Han: a
51:59
Amanda Han: tax
52:00
Amanda Han: risk
52:00
Amanda Han: assessment.
52:02
Amanda Han: Um,
52:02
Amanda Han: and
52:03
Amanda Han: because
52:04
Amanda Han: when
52:04
Amanda Han: we
52:04
Amanda Han: teach
52:04
Amanda Han: all
52:05
Amanda Han: over
52:05
Amanda Han: the
52:05
Amanda Han: US,
52:06
Amanda Han: people
52:07
Amanda Han: are
52:07
Amanda Han: always
52:07
Amanda Han: asking
52:07
Amanda Han: us
52:07
Amanda Han: like,
52:08
Amanda Han: how
52:08
Amanda Han: do
52:08
Amanda Han: I
52:08
Amanda Han: know
52:08
Amanda Han: if
52:08
Amanda Han: I'm
52:08
Amanda Han: overpaying
52:08
Amanda Han: in
52:09
Amanda Han: taxes?
52:09
Amanda Han: I
52:09
Amanda Han: heard
52:09
Amanda Han: you
52:09
Amanda Han: speak,
52:10
Amanda Han: I'm
52:10
Amanda Han: kind
52:10
Amanda Han: of
52:10
Amanda Han: anxious
52:11
Amanda Han: now.
52:11
Amanda Han: I
52:11
Amanda Han: don't
52:11
Amanda Han: even
52:11
Amanda Han: know
52:11
Amanda Han: if
52:11
Amanda Han: I'm
52:12
Amanda Han: overpaying.
52:13
Amanda Han: And
52:13
Amanda Han: so.
52:15
Amanda Han: The
52:15
Amanda Han: tax
52:15
Amanda Han: risk
52:15
Amanda Han: assessment
52:16
Amanda Han: is
52:16
Amanda Han: a
52:16
Amanda Han: self-assessment
52:17
Amanda Han: with
52:17
Amanda Han: a
52:17
Amanda Han: handful
52:18
Amanda Han: of
52:18
Amanda Han: questions.
52:18
Amanda Han: You
52:18
Amanda Han: answer
52:19
Amanda Han: those
52:19
Amanda Han: and
52:19
Amanda Han: you
52:19
Amanda Han: get
52:19
Amanda Han: a
52:19
Amanda Han: score
52:20
Amanda Han: at
52:20
Amanda Han: the
52:20
Amanda Han: end
52:20
Amanda Han: of
52:20
Amanda Han: it.
52:21
Amanda Han: And
52:21
Amanda Han: if
52:21
Amanda Han: you
52:21
Amanda Han: did
52:21
Amanda Han: well,
52:22
Amanda Han: you
52:22
Amanda Han: score
52:22
Amanda Han: high.
52:23
Amanda Han: That's
52:23
Amanda Han: good,
52:23
Amanda Han: but
52:23
Amanda Han: you
52:23
Amanda Han: feel
52:24
Amanda Han: a
52:24
Amanda Han: bit
52:24
Amanda Han: better.
52:24
Amanda Han: Like
52:24
Amanda Han: I've
52:24
Amanda Han: covered
52:25
Amanda Han: all
52:25
Amanda Han: the
52:25
Amanda Han: areas
52:26
Amanda Han: that
52:26
Amanda Han: Amanda
52:27
Amanda Han: says
52:27
Amanda Han: I
52:27
Amanda Han: should
52:27
Amanda Han: have
52:27
Amanda Han: talked
52:27
Amanda Han: about.
52:28
Amanda Han: And
52:29
Amanda Han: if
52:29
Amanda Han: you
52:29
Amanda Han: score
52:29
Amanda Han: low,
52:30
Amanda Han: that's
52:30
Amanda Han: okay
52:30
Amanda Han: too.
52:31
Amanda Han: You
52:31
Amanda Han: can
52:31
Amanda Han: print
52:31
Amanda Han: out
52:31
Amanda Han: your
52:31
Amanda Han: results
52:32
Amanda Han: and
52:32
Amanda Han: when
52:33
Amanda Han: you
52:33
Amanda Han: meet
52:33
Amanda Han: with
52:33
Amanda Han: your
52:33
Amanda Han: tax
52:33
Amanda Han: person,
52:34
Amanda Han: you
52:34
Amanda Han: can
52:34
Amanda Han: show
52:34
Amanda Han: it
52:34
Amanda Han: to
52:34
Amanda Han: them
52:35
Amanda Han: and
52:35
Amanda Han: say,
52:35
Amanda Han: Hey,
52:35
Amanda Han: here
52:36
Amanda Han: are
52:36
Amanda Han: all
52:36
Amanda Han: the
52:36
Amanda Han: things
52:36
Amanda Han: I
52:36
Amanda Han: said
52:36
Amanda Han: no
52:37
Amanda Han: to.
52:37
Amanda Han: Maybe
52:37
Amanda Han: that's
52:37
Amanda Han: a
52:37
Amanda Han: starting
52:38
Amanda Han: point.
52:38
Amanda Han: Mm-hmm.
52:39
Amanda Han: You
52:39
Amanda Han: know,
52:39
Amanda Han: to
52:39
Amanda Han: like,
52:39
Amanda Han: we
52:39
Amanda Han: can,
52:40
Amanda Han: can
52:40
Amanda Han: we
52:40
Amanda Han: chat
52:40
Amanda Han: through
52:40
Amanda Han: some
52:41
Amanda Han: of
52:41
Amanda Han: these?
52:41
Amanda Han: Things.
52:42
Amanda Han: Um,
52:43
Amanda Han: so
52:43
Amanda Han: you
52:43
Amanda Han: can
52:43
Amanda Han: check
52:43
Amanda Han: that
52:43
Amanda Han: out
52:43
Amanda Han: on
52:43
Amanda Han: my
52:44
Amanda Han: website.
52:45
Amanda Han: And,
52:45
Amanda Han: um,
52:46
Amanda Han: best
52:46
Amanda Han: place
52:46
Amanda Han: to
52:47
Amanda Han: find
52:47
Amanda Han: me
52:47
Amanda Han: if
52:47
Amanda Han: you
52:47
Amanda Han: are
52:48
Amanda Han: looking
52:48
Amanda Han: for
52:48
Amanda Han: daily
52:48
Amanda Han: tax
52:49
Amanda Han: tips,
52:49
Amanda Han: probably
52:49
Amanda Han: Instagram
52:50
Amanda Han: as
52:50
Amanda Han: Amanda
52:51
Amanda Han: Han
52:51
Amanda Han: CPA,
52:52
Amanda Han: and
52:52
Amanda Han: also
52:52
Amanda Han: have
52:52
Amanda Han: a
52:52
Amanda Han: YouTube
52:53
Amanda Han: channel
52:53
Amanda Han: for
52:53
Amanda Han: those
52:53
Amanda Han: of
52:53
Amanda Han: you
52:54
Amanda Han: who
52:54
Amanda Han: really
52:54
Amanda Han: wanna
52:55
Amanda Han: dive
52:55
Amanda Han: in
52:56
Amanda Han: deeper.
52:57
Annette Grant: Onto
52:58
Annette Grant: tax
52:58
Annette Grant: strategies.
52:59
Annette Grant: Absolutely.
53:00
Annette Grant: And
53:00
Annette Grant: I
53:00
Annette Grant: think
53:00
Annette Grant: it's,
53:00
Annette Grant: um,
53:01
Annette Grant: it's
53:02
Annette Grant: one
53:02
Annette Grant: of
53:02
Annette Grant: those
53:02
Annette Grant: things
53:02
Annette Grant: that's,
53:03
Annette Grant: like
53:03
Annette Grant: you
53:03
Annette Grant: said,
53:03
Annette Grant: daily
53:04
Annette Grant: tax
53:04
Annette Grant: tips.
53:05
Annette Grant: I
53:05
Annette Grant: encourage,
53:05
Annette Grant: follow
53:06
Annette Grant: Amanda
53:06
Annette Grant: 'cause
53:06
Annette Grant: you
53:06
Annette Grant: never
53:07
Annette Grant: know
53:07
Annette Grant: which
53:07
Annette Grant: one's
53:07
Annette Grant: actually
53:08
Annette Grant: gonna
53:08
Annette Grant: stick
53:08
Annette Grant: or
53:08
Annette Grant: like
53:08
Annette Grant: light,
53:09
Annette Grant: that
53:09
Annette Grant: light
53:09
Annette Grant: bulb
53:09
Annette Grant: off
53:10
Annette Grant: and
53:10
Annette Grant: it
53:10
Annette Grant: might,
53:11
Annette Grant: taxes
53:11
Annette Grant: might
53:11
Annette Grant: not
53:11
Annette Grant: be
53:11
Annette Grant: your
53:12
Annette Grant: thing,
53:12
Annette Grant: but
53:12
Annette Grant: it's
53:12
Annette Grant: like
53:13
Annette Grant: just
53:13
Annette Grant: having
53:13
Annette Grant: that.
53:14
Annette Grant: Okay.
53:15
Annette Grant: I
53:15
Annette Grant: know
53:15
Annette Grant: I'm
53:15
Annette Grant: probably
53:15
Annette Grant: following
53:16
Annette Grant: the
53:16
Annette Grant: wrong
53:16
Annette Grant: people
53:16
Annette Grant: on
53:16
Annette Grant: LinkedIn,
53:17
Annette Grant: but
53:17
Annette Grant: have
53:17
Annette Grant: the
53:17
Annette Grant: positive
53:18
Annette Grant: side
53:19
Annette Grant: of
53:19
Annette Grant: like,
53:19
Annette Grant: where
53:20
Annette Grant: can
53:20
Annette Grant: I
53:20
Annette Grant: like
53:21
Annette Grant: use
53:21
Annette Grant: this?
53:21
Annette Grant: What
53:21
Annette Grant: can
53:21
Annette Grant: I
53:22
Annette Grant: understand?
53:22
Annette Grant: The
53:22
Annette Grant: fact
53:22
Annette Grant: and
53:22
Annette Grant: it,
53:23
Annette Grant: it
53:23
Annette Grant: doesn't
53:23
Annette Grant: have
53:23
Annette Grant: to
53:23
Annette Grant: be
53:24
Annette Grant: this
53:24
Annette Grant: all
53:24
Annette Grant: or
53:24
Annette Grant: nothing.
53:25
Annette Grant: I
53:25
Annette Grant: think
53:26
Annette Grant: that's
53:26
Annette Grant: what
53:26
Annette Grant: we
53:26
Annette Grant: think
53:26
Annette Grant: about
53:26
Annette Grant: when
53:27
Annette Grant: we
53:27
Annette Grant: think
53:27
Annette Grant: about
53:27
Annette Grant: our
53:27
Annette Grant: numbers
53:28
Annette Grant: and
53:28
Annette Grant: taxes.
53:28
Annette Grant: It's
53:28
Annette Grant: like
53:29
Annette Grant: either
53:29
Annette Grant: I
53:30
Annette Grant: understand
53:30
Annette Grant: it
53:30
Annette Grant: or
53:30
Annette Grant: I
53:30
Annette Grant: don't,
53:31
Annette Grant: and
53:31
Annette Grant: that's
53:31
Annette Grant: not
53:32
Annette Grant: where
53:32
Annette Grant: we're
53:32
Annette Grant: at.
53:32
Annette Grant: It's
53:32
Annette Grant: like,
53:32
Annette Grant: how
53:33
Annette Grant: can
53:33
Annette Grant: you
53:33
Annette Grant: just
53:33
Annette Grant: get
53:33
Annette Grant: a
53:33
Annette Grant: little
53:34
Annette Grant: bit
53:34
Annette Grant: better?
53:35
Annette Grant: You
53:35
Annette Grant: know,
53:35
Annette Grant: this
53:36
Annette Grant: year
53:36
Annette Grant: and
53:36
Annette Grant: then
53:37
Annette Grant: the
53:37
Annette Grant: next
53:37
Annette Grant: year
53:37
Annette Grant: and
53:38
Annette Grant: the
53:38
Annette Grant: next
53:38
Annette Grant: year.
53:38
Annette Grant: I
53:38
Annette Grant: think
53:38
Annette Grant: that's
53:39
Annette Grant: a
53:39
Annette Grant: lot
53:39
Annette Grant: of
53:39
Annette Grant: people
53:39
Annette Grant: throw
53:39
Annette Grant: their
53:40
Annette Grant: hands
53:40
Annette Grant: up
53:40
Annette Grant: of
53:40
Annette Grant: like,
53:40
Annette Grant: oh,
53:41
Annette Grant: I
53:41
Annette Grant: don't
53:41
Annette Grant: like
53:41
Annette Grant: taxes,
53:42
Annette Grant: I
53:42
Annette Grant: don't
53:42
Annette Grant: like
53:42
Annette Grant: numbers.
53:42
Annette Grant: It's
53:42
Annette Grant: like,
53:42
Annette Grant: well
53:43
Annette Grant: just
53:43
Annette Grant: start
53:43
Annette Grant: to
53:44
Annette Grant: learn
53:44
Annette Grant: just
53:44
Annette Grant: a
53:44
Annette Grant: little
53:45
Annette Grant: bit
53:45
Annette Grant: better,
53:45
Annette Grant: can
53:45
Annette Grant: make
53:46
Annette Grant: a
53:46
Annette Grant: really
53:46
Annette Grant: big
53:46
Annette Grant: difference.
53:47
Annette Grant: Um,
53:47
Annette Grant: especially
53:48
Annette Grant: most
53:48
Annette Grant: of
53:48
Annette Grant: the
53:48
Annette Grant: people
53:48
Annette Grant: listening
53:49
Annette Grant: to
53:49
Annette Grant: the
53:49
Annette Grant: show,
53:49
Annette Grant: I
53:49
Annette Grant: hope
53:49
Annette Grant: are
53:50
Annette Grant: long-term
53:51
Annette Grant: investors.
53:52
Annette Grant: And
53:52
Annette Grant: so
53:52
Annette Grant: if
53:52
Annette Grant: it,
53:53
Annette Grant: if
53:53
Annette Grant: they
53:53
Annette Grant: didn't
53:53
Annette Grant: get
53:53
Annette Grant: the
53:53
Annette Grant: win
53:54
Annette Grant: this
53:54
Annette Grant: year,
53:54
Annette Grant: they
53:54
Annette Grant: can
53:54
Annette Grant: get
53:55
Annette Grant: that
53:55
Annette Grant: win
53:55
Annette Grant: next
53:56
Annette Grant: year.
53:56
Annette Grant: Um,
53:56
Annette Grant: so
53:57
Annette Grant: please,
53:57
Annette Grant: yeah,
53:57
Annette Grant: give
53:58
Annette Grant: Amanda,
53:58
Annette Grant: give
53:59
Annette Grant: Amanda
53:59
Annette Grant: that
53:59
Annette Grant: follow
53:59
Annette Grant: so
53:59
Annette Grant: you
53:59
Annette Grant: can
54:00
Annette Grant: get
54:00
Annette Grant: those
54:00
Annette Grant: daily
54:00
Annette Grant: tax
54:01
Annette Grant: tips
54:01
Annette Grant: For
54:01
Annette Grant: sure.
54:02
Amanda Han: I
54:03
Amanda Han: think
54:03
Amanda Han: a
54:03
Amanda Han: question
54:03
Amanda Han: I
54:04
Amanda Han: get
54:04
Amanda Han: asked
54:04
Amanda Han: a
54:04
Amanda Han: lot
54:04
Amanda Han: is
54:05
Amanda Han: like.
54:06
Amanda Han: When
54:06
Amanda Han: do
54:06
Amanda Han: I
54:06
Amanda Han: know
54:07
Amanda Han: if
54:07
Amanda Han: I
54:07
Amanda Han: should
54:07
Amanda Han: do
54:07
Amanda Han: tax
54:08
Amanda Han: planning?
54:08
Amanda Han: You
54:08
Amanda Han: know,
54:08
Amanda Han: is
54:09
Amanda Han: it
54:09
Amanda Han: like,
54:09
Amanda Han: do
54:09
Amanda Han: I
54:09
Amanda Han: have
54:09
Amanda Han: to
54:09
Amanda Han: make,
54:10
Amanda Han: do
54:10
Amanda Han: I,
54:10
Amanda Han: how
54:10
Amanda Han: many
54:10
Amanda Han: properties
54:11
Amanda Han: should
54:11
Amanda Han: I
54:11
Amanda Han: own
54:11
Amanda Han: before
54:12
Amanda Han: I
54:12
Amanda Han: do
54:12
Amanda Han: tax
54:12
Amanda Han: planning?
54:12
Amanda Han: Or
54:12
Amanda Han: how
54:12
Amanda Han: much
54:13
Amanda Han: income
54:13
Amanda Han: should
54:13
Amanda Han: I
54:13
Amanda Han: be
54:13
Amanda Han: making?
54:14
Amanda Han: And
54:14
Amanda Han: it's
54:14
Amanda Han: really
54:15
Amanda Han: not
54:15
Amanda Han: about
54:15
Amanda Han: that.
54:16
Amanda Han: Um,
54:16
Amanda Han: you
54:16
Amanda Han: know,
54:16
Amanda Han: you
54:17
Amanda Han: could
54:17
Amanda Han: be
54:17
Amanda Han: someone
54:17
Amanda Han: making
54:18
Amanda Han: a
54:18
Amanda Han: million
54:18
Amanda Han: dollars
54:19
Amanda Han: a
54:19
Amanda Han: year
54:19
Amanda Han: in
54:19
Amanda Han: your
54:19
Amanda Han: W2
54:20
Amanda Han: if
54:20
Amanda Han: you
54:20
Amanda Han: are
54:21
Amanda Han: just
54:21
Amanda Han: gonna
54:21
Amanda Han: spend
54:21
Amanda Han: it
54:21
Amanda Han: all
54:22
Amanda Han: on
54:22
Amanda Han: personal
54:22
Amanda Han: things,
54:23
Amanda Han: there's
54:24
Amanda Han: probably
54:24
Amanda Han: no
54:24
Amanda Han: tax
54:24
Amanda Han: planning
54:25
Amanda Han: for
54:25
Amanda Han: you,
54:25
Amanda Han: right?
54:25
Amanda Han: Let's
54:25
Amanda Han: be
54:25
Amanda Han: honest.
54:26
Amanda Han: You're
54:26
Amanda Han: just
54:26
Amanda Han: spending
54:27
Amanda Han: it.
54:27
Amanda Han: Um,
54:28
Amanda Han: but
54:28
Amanda Han: if
54:28
Amanda Han: you're
54:28
Amanda Han: making,
54:28
Amanda Han: if
54:28
Amanda Han: you're
54:28
Amanda Han: someone
54:29
Amanda Han: making
54:29
Amanda Han: a
54:29
Amanda Han: hundred
54:29
Amanda Han: thousand
54:30
Amanda Han: dollars
54:30
Amanda Han: and
54:30
Amanda Han: this
54:30
Amanda Han: is
54:31
Amanda Han: your
54:31
Amanda Han: first
54:31
Amanda Han: short
54:31
Amanda Han: term
54:31
Amanda Han: rental,
54:32
Amanda Han: then
54:32
Amanda Han: there's
54:32
Amanda Han: absolutely
54:33
Amanda Han: things
54:33
Amanda Han: that
54:34
Amanda Han: could
54:34
Amanda Han: be
54:34
Amanda Han: done
54:34
Amanda Han: to
54:34
Amanda Han: save
54:34
Amanda Han: on
54:35
Amanda Han: taxes.
54:35
Amanda Han: So
54:36
Amanda Han: it's,
54:36
Amanda Han: it's
54:36
Amanda Han: more
54:37
Amanda Han: about
54:37
Amanda Han: your
54:38
Amanda Han: plan
54:39
Amanda Han: on
54:40
Amanda Han: wealth
54:40
Amanda Han: building.
54:41
Amanda Han: Mm-hmm.
54:41
Amanda Han: And
54:41
Amanda Han: is
54:41
Amanda Han: that
54:41
Amanda Han: something
54:42
Amanda Han: you
54:42
Amanda Han: plan
54:42
Amanda Han: to
54:42
Amanda Han: do,
54:43
Amanda Han: or
54:43
Amanda Han: is
54:43
Amanda Han: it,
54:44
Amanda Han: um,
54:45
Amanda Han: you
54:45
Amanda Han: know,
54:45
Amanda Han: you're
54:45
Amanda Han: just
54:45
Amanda Han: kind
54:45
Amanda Han: of
54:46
Amanda Han: status
54:46
Amanda Han: quo
54:47
Amanda Han: on
54:47
Amanda Han: the,
54:47
Amanda Han: in
54:47
Amanda Han: the
54:47
Amanda Han: spending
54:48
Amanda Han: mode
54:48
Amanda Han: that
54:48
Amanda Han: determines
54:49
Amanda Han: who
54:49
Amanda Han: is
54:49
Amanda Han: a
54:49
Amanda Han: candidate
54:50
Amanda Han: for
54:50
Amanda Han: tax
54:51
Amanda Han: planning.
54:51
Annette Grant: My
54:51
Annette Grant: last
54:52
Annette Grant: question
54:52
Annette Grant: before
54:52
Annette Grant: I
54:52
Annette Grant: wrap
54:53
Annette Grant: up
54:53
Annette Grant: is
54:54
Annette Grant: in,
54:54
Annette Grant: when
54:55
Annette Grant: you're
54:55
Annette Grant: talking
54:56
Annette Grant: with
54:56
Annette Grant: a
54:56
Annette Grant: CPA
54:57
Annette Grant: Amanda,
54:57
Annette Grant: these
54:58
Annette Grant: conversations,
54:58
Annette Grant: these
54:58
Annette Grant: strategy,
54:59
Annette Grant: 'cause
54:59
Annette Grant: you
54:59
Annette Grant: gotta,
54:59
Annette Grant: you
55:00
Annette Grant: gotta
55:00
Annette Grant: have
55:00
Annette Grant: the
55:00
Annette Grant: conversations
55:01
Annette Grant: to
55:01
Annette Grant: see
55:01
Annette Grant: if
55:01
Annette Grant: you
55:01
Annette Grant: even
55:01
Annette Grant: wanna
55:01
Annette Grant: look,
55:02
Annette Grant: you
55:02
Annette Grant: know,
55:02
Annette Grant: work
55:02
Annette Grant: with
55:03
Annette Grant: them.
55:04
Annette Grant: Should
55:04
Annette Grant: you
55:04
Annette Grant: ch
55:04
Annette Grant: like
55:05
Annette Grant: are
55:05
Annette Grant: there
55:05
Annette Grant: consulting,
55:05
Annette Grant: should
55:06
Annette Grant: there
55:06
Annette Grant: be
55:06
Annette Grant: fees
55:06
Annette Grant: associated
55:07
Annette Grant: with
55:07
Annette Grant: this?
55:07
Annette Grant: I
55:08
Annette Grant: know
55:08
Annette Grant: as
55:08
Annette Grant: the
55:08
Annette Grant: consumer,
55:09
Annette Grant: it's
55:09
Annette Grant: like
55:09
Annette Grant: once
55:10
Annette Grant: you
55:10
Annette Grant: kind
55:10
Annette Grant: of
55:10
Annette Grant: have
55:10
Annette Grant: that
55:10
Annette Grant: initial
55:11
Annette Grant: meeting,
55:11
Annette Grant: you
55:11
Annette Grant: kind
55:11
Annette Grant: of
55:11
Annette Grant: feel
55:12
Annette Grant: locked
55:12
Annette Grant: in
55:12
Annette Grant: because
55:12
Annette Grant: they've
55:12
Annette Grant: spent
55:13
Annette Grant: this
55:13
Annette Grant: time.
55:14
Annette Grant: How
55:14
Annette Grant: should
55:14
Annette Grant: we
55:14
Annette Grant: be
55:14
Annette Grant: interviewing
55:15
Annette Grant: the
55:15
Annette Grant: right
55:16
Annette Grant: person?
55:16
Annette Grant: Like
55:16
Annette Grant: are,
55:17
Annette Grant: you
55:17
Annette Grant: know,
55:17
Annette Grant: should
55:17
Annette Grant: they
55:17
Annette Grant: be
55:17
Annette Grant: charging
55:18
Annette Grant: us
55:18
Annette Grant: for
55:18
Annette Grant: that
55:18
Annette Grant: strategy?
55:19
Annette Grant: What,
55:20
Annette Grant: what
55:20
Annette Grant: does
55:20
Annette Grant: that
55:20
Annette Grant: look
55:20
Annette Grant: like?
55:22
Amanda Han: Well,
55:23
Amanda Han: I
55:23
Amanda Han: think
55:23
Amanda Han: every
55:23
Amanda Han: CPA
55:24
Amanda Han: firm
55:24
Amanda Han: operates
55:25
Amanda Han: a
55:25
Amanda Han: little
55:25
Amanda Han: bit
55:25
Amanda Han: differently.
55:26
Amanda Han: Mm-hmm.
55:26
Amanda Han: Um,
55:27
Amanda Han: so
55:27
Amanda Han: it
55:27
Amanda Han: just
55:27
Amanda Han: kind
55:28
Amanda Han: of
55:28
Amanda Han: depends.
55:28
Amanda Han: I,
55:28
Amanda Han: I,
55:29
Amanda Han: I,
55:29
Amanda Han: I
55:29
Amanda Han: do
55:29
Amanda Han: always
55:30
Amanda Han: tell
55:30
Amanda Han: people.
55:31
Amanda Han: You
55:32
Amanda Han: know,
55:32
Amanda Han: you
55:32
Amanda Han: get
55:32
Amanda Han: what
55:32
Amanda Han: you
55:32
Amanda Han: pay
55:32
Amanda Han: for.
55:33
Amanda Han: So
55:33
Amanda Han: if
55:33
Amanda Han: it's
55:34
Amanda Han: a
55:34
Amanda Han: free
55:34
Amanda Han: consulting,
55:35
Amanda Han: you're
55:35
Amanda Han: probably
55:36
Amanda Han: not
55:36
Amanda Han: getting
55:36
Amanda Han: much
55:36
Amanda Han: true
55:37
Amanda Han: value.
55:38
Amanda Han: Right.
55:38
Amanda Han: Okay.
55:39
Amanda Han: Um,
55:39
Amanda Han: so
55:39
Amanda Han: I
55:39
Amanda Han: mean,
55:40
Amanda Han: using
55:40
Amanda Han: us
55:40
Amanda Han: as
55:40
Amanda Han: an
55:40
Amanda Han: example,
55:41
Amanda Han: when
55:41
Amanda Han: we
55:41
Amanda Han: do
55:41
Amanda Han: tax
55:42
Amanda Han: planning
55:42
Amanda Han: with
55:42
Amanda Han: clients,
55:43
Amanda Han: um,
55:44
Amanda Han: it's
55:44
Amanda Han: always
55:45
Amanda Han: after
55:45
Amanda Han: they
55:45
Amanda Han: pay.
55:46
Amanda Han: Because
55:46
Amanda Han: before
55:47
Amanda Han: we
55:47
Amanda Han: meet
55:47
Amanda Han: with
55:47
Amanda Han: them,
55:47
Amanda Han: we
55:48
Amanda Han: look
55:48
Amanda Han: at
55:48
Amanda Han: all
55:48
Amanda Han: of
55:48
Amanda Han: their
55:48
Amanda Han: tax
55:49
Amanda Han: returns
55:49
Amanda Han: from
55:49
Amanda Han: the
55:49
Amanda Han: past.
55:50
Amanda Han: We
55:50
Amanda Han: look
55:50
Amanda Han: at
55:50
Amanda Han: their
55:50
Amanda Han: financial
55:51
Amanda Han: profile.
55:51
Amanda Han: We
55:51
Amanda Han: wanna
55:52
Amanda Han: know
55:52
Amanda Han: like,
55:52
Amanda Han: what,
55:53
Amanda Han: what
55:53
Amanda Han: do
55:53
Amanda Han: you
55:53
Amanda Han: have
55:53
Amanda Han: going
55:53
Amanda Han: on?
55:54
Amanda Han: Where
55:54
Amanda Han: are
55:54
Amanda Han: your
55:54
Amanda Han: stocks?
55:55
Amanda Han: How
55:55
Amanda Han: much,
55:55
Amanda Han: what?
55:56
Amanda Han: Where's
55:56
Amanda Han: your
55:56
Amanda Han: retirement
55:56
Amanda Han: account?
55:57
Amanda Han: How
55:57
Amanda Han: much
55:57
Amanda Han: do
55:57
Amanda Han: you
55:57
Amanda Han: have
55:57
Amanda Han: in
55:57
Amanda Han: it?
55:58
Amanda Han: Um,
55:59
Amanda Han: because
55:59
Amanda Han: only
56:00
Amanda Han: when
56:00
Amanda Han: we
56:00
Amanda Han: get
56:00
Amanda Han: an
56:01
Amanda Han: idea.
56:02
Amanda Han: On
56:02
Amanda Han: our
56:02
Amanda Han: end
56:02
Amanda Han: on
56:03
Amanda Han: what's
56:03
Amanda Han: already
56:03
Amanda Han: happened,
56:04
Amanda Han: can
56:04
Amanda Han: we
56:05
Amanda Han: then
56:06
Amanda Han: be
56:07
Amanda Han: helpful
56:08
Amanda Han: in
56:08
Amanda Han: talking
56:08
Amanda Han: about
56:09
Amanda Han: what's
56:09
Amanda Han: coming
56:10
Amanda Han: up,
56:10
Amanda Han: right?
56:10
Amanda Han: The
56:10
Amanda Han: future
56:11
Amanda Han: planning
56:11
Amanda Han: of
56:11
Amanda Han: it.
56:12
Amanda Han: But
56:13
Amanda Han: not
56:13
Amanda Han: all
56:13
Amanda Han: firms
56:14
Amanda Han: work
56:14
Amanda Han: the
56:14
Amanda Han: same.
56:15
Amanda Han: But
56:15
Amanda Han: I
56:15
Amanda Han: will
56:15
Amanda Han: say
56:15
Amanda Han: if
56:16
Amanda Han: you
56:16
Amanda Han: are
56:16
Amanda Han: looking
56:17
Amanda Han: for
56:18
Amanda Han: true
56:18
Amanda Han: assistance,
56:20
Amanda Han: you
56:20
Amanda Han: do
56:20
Amanda Han: want
56:20
Amanda Han: them
56:20
Amanda Han: to
56:20
Amanda Han: have
56:21
Amanda Han: a
56:21
Amanda Han: base
56:22
Amanda Han: knowledge
56:22
Amanda Han: on
56:23
Amanda Han: what's
56:23
Amanda Han: already
56:23
Amanda Han: going
56:23
Amanda Han: on,
56:24
Amanda Han: right?
56:24
Amanda Han: Spend
56:25
Amanda Han: the
56:25
Amanda Han: time
56:25
Amanda Han: ahead
56:25
Amanda Han: of
56:26
Amanda Han: time
56:26
Amanda Han: to
56:26
Amanda Han: to
56:27
Amanda Han: understand
56:27
Amanda Han: about
56:28
Amanda Han: your
56:29
Amanda Han: holdings
56:29
Amanda Han: and
56:29
Amanda Han: your
56:29
Amanda Han: activities.
56:30
Amanda Han: Mm-hmm.
56:31
Annette Grant: Great.
56:31
Annette Grant: No,
56:32
Annette Grant: that's
56:32
Annette Grant: great.
56:32
Annette Grant: I
56:32
Annette Grant: think,
56:33
Annette Grant: I
56:33
Annette Grant: think
56:33
Annette Grant: that's
56:33
Annette Grant: something
56:33
Annette Grant: too,
56:34
Annette Grant: everyone
56:34
Annette Grant: gets
56:34
Annette Grant: a
56:34
Annette Grant: little
56:35
Annette Grant: bit
56:35
Annette Grant: hesitant
56:35
Annette Grant: to,
56:36
Annette Grant: to
56:36
Annette Grant: pay
56:36
Annette Grant: for
56:37
Annette Grant: the
56:37
Annette Grant: services
56:37
Annette Grant: that
56:38
Annette Grant: they
56:38
Annette Grant: don't
56:38
Annette Grant: understand.
56:39
Annette Grant: And
56:39
Annette Grant: it's
56:39
Annette Grant: like,
56:39
Annette Grant: you
56:39
Annette Grant: gotta,
56:40
Annette Grant: you
56:40
Annette Grant: gotta
56:40
Annette Grant: pay
56:40
Annette Grant: to
56:40
Annette Grant: play.
56:40
Annette Grant: I
56:41
Annette Grant: like
56:41
Annette Grant: that.
56:41
Annette Grant: You
56:41
Annette Grant: get
56:41
Annette Grant: what
56:41
Annette Grant: you
56:41
Annette Grant: pay
56:41
Annette Grant: for.
56:42
Annette Grant: So,
56:42
Annette Grant: um,
56:43
Annette Grant: Sarah
56:43
Annette Grant: and
56:43
Annette Grant: I
56:43
Annette Grant: just
56:43
Annette Grant: went
56:43
Annette Grant: through
56:43
Annette Grant: that
56:44
Annette Grant: ourselves
56:44
Annette Grant: too
56:45
Annette Grant: with
56:45
Annette Grant: some,
56:45
Annette Grant: with
56:46
Annette Grant: some,
56:46
Annette Grant: um,
56:46
Annette Grant: accounting
56:47
Annette Grant: help.
56:47
Annette Grant: It's
56:47
Annette Grant: like,
56:47
Annette Grant: look,
56:47
Annette Grant: we
56:47
Annette Grant: weren't,
56:48
Annette Grant: what
56:48
Annette Grant: were
56:48
Annette Grant: we
56:48
Annette Grant: paying?
56:48
Annette Grant: You
56:48
Annette Grant: know?
56:49
Annette Grant: It's
56:49
Annette Grant: like
56:49
Annette Grant: we
56:49
Annette Grant: were
56:49
Annette Grant: getting
56:50
Annette Grant: what
56:50
Annette Grant: we
56:50
Annette Grant: were
56:50
Annette Grant: paying
56:50
Annette Grant: for.
56:50
Annette Grant: So
56:51
Annette Grant: be
56:51
Annette Grant: ready,
56:52
Annette Grant: Amanda.
56:52
Annette Grant: This
56:52
Annette Grant: was
56:52
Annette Grant: awesome.
56:53
Sarah Karakaian: So
56:53
Sarah Karakaian: good.
56:53
Sarah Karakaian: Amanda,
56:53
Sarah Karakaian: thank
56:54
Sarah Karakaian: you
56:54
Sarah Karakaian: so
56:54
Sarah Karakaian: much.
56:54
Sarah Karakaian: Is
56:54
Sarah Karakaian: there
56:55
Sarah Karakaian: anything
56:55
Sarah Karakaian: else
56:55
Sarah Karakaian: you
56:55
Sarah Karakaian: wanna
56:55
Sarah Karakaian: share
56:55
Sarah Karakaian: before
56:56
Sarah Karakaian: we
56:56
Sarah Karakaian: sign
56:56
Sarah Karakaian: off?
56:59
Amanda Han: Um,
56:59
Amanda Han: no,
56:59
Amanda Han: I
57:00
Amanda Han: do
57:00
Amanda Han: think,
57:00
Amanda Han: um,
57:01
Amanda Han: 2025
57:02
Amanda Han: is
57:02
Amanda Han: gonna
57:02
Amanda Han: be
57:03
Amanda Han: an
57:03
Amanda Han: interesting
57:04
Amanda Han: year
57:04
Amanda Han: for
57:05
Amanda Han: real
57:05
Amanda Han: estate
57:06
Amanda Han: investors.
57:07
Amanda Han: Um,
57:08
Amanda Han: you
57:08
Amanda Han: know,
57:08
Amanda Han: like
57:08
Amanda Han: I
57:08
Amanda Han: said,
57:08
Amanda Han: there's
57:08
Amanda Han: talk
57:09
Amanda Han: from
57:09
Amanda Han: the
57:09
Amanda Han: administration
57:10
Amanda Han: of
57:10
Amanda Han: bringing
57:10
Amanda Han: back
57:10
Amanda Han: a
57:10
Amanda Han: hundred
57:11
Amanda Han: percent
57:11
Amanda Han: bonus
57:11
Amanda Han: depreciation,
57:12
Amanda Han: which
57:12
Amanda Han: could
57:12
Amanda Han: be
57:12
Amanda Han: huge,
57:13
Amanda Han: um,
57:14
Amanda Han: for
57:14
Amanda Han: real
57:14
Amanda Han: estate.
57:15
Amanda Han: And
57:15
Amanda Han: so
57:15
Amanda Han: just
57:16
Amanda Han: making
57:16
Amanda Han: sure
57:16
Amanda Han: to
57:16
Amanda Han: keep
57:16
Amanda Han: an
57:17
Amanda Han: eye
57:17
Amanda Han: on
57:17
Amanda Han: those
57:17
Amanda Han: things
57:18
Amanda Han: or
57:18
Amanda Han: at
57:18
Amanda Han: least
57:19
Amanda Han: have
57:19
Amanda Han: your
57:19
Amanda Han: CPA
57:19
Amanda Han: keep
57:20
Amanda Han: an
57:20
Amanda Han: eye
57:20
Amanda Han: on
57:20
Amanda Han: those
57:20
Amanda Han: things
57:21
Amanda Han: and
57:22
Amanda Han: be
57:22
Amanda Han: ready
57:22
Amanda Han: to
57:22
Amanda Han: take
57:22
Amanda Han: advantage,
57:23
Amanda Han: you
57:23
Amanda Han: know,
57:24
Amanda Han: if
57:24
Amanda Han: it
57:24
Amanda Han: does
57:24
Amanda Han: get
57:24
Amanda Han: passed.
57:25
Sarah Karakaian: I
57:25
Sarah Karakaian: love
57:25
Sarah Karakaian: that
57:25
Sarah Karakaian: you
57:25
Sarah Karakaian: can,
57:25
Sarah Karakaian: or
57:25
Sarah Karakaian: you
57:26
Sarah Karakaian: can
57:26
Sarah Karakaian: follow
57:26
Sarah Karakaian: Amanda
57:26
Sarah Karakaian: Han
57:27
Sarah Karakaian: on
57:27
Sarah Karakaian: Instagram
57:27
Sarah Karakaian: and
57:28
Sarah Karakaian: I'm
57:28
Sarah Karakaian: sure
57:28
Sarah Karakaian: she'll
57:28
Sarah Karakaian: keep
57:28
Sarah Karakaian: us
57:28
Sarah Karakaian: abreast
57:29
Sarah Karakaian: as
57:29
Sarah Karakaian: well,
57:29
Sarah Karakaian: so
57:30
Sarah Karakaian: you
57:30
Sarah Karakaian: can
57:30
Sarah Karakaian: trust,
57:30
Sarah Karakaian: but
57:31
Sarah Karakaian: verify
57:31
Sarah Karakaian: your
57:31
Sarah Karakaian: CPA.
57:32
Sarah Karakaian: Uh,
57:33
Sarah Karakaian: all
57:33
Sarah Karakaian: right,
57:33
Sarah Karakaian: so
57:33
Sarah Karakaian: we
57:33
Sarah Karakaian: will
57:33
Sarah Karakaian: put
57:34
Sarah Karakaian: all
57:34
Sarah Karakaian: of
57:34
Sarah Karakaian: Amanda's
57:34
Sarah Karakaian: information
57:35
Sarah Karakaian: in
57:36
Sarah Karakaian: the
57:36
Sarah Karakaian: show
57:36
Sarah Karakaian: notes.
57:36
Sarah Karakaian: Check
57:37
Sarah Karakaian: her
57:37
Sarah Karakaian: out.
57:37
Sarah Karakaian: You've
57:37
Sarah Karakaian: been
57:37
Sarah Karakaian: so
57:38
Sarah Karakaian: generous
57:39
Sarah Karakaian: with
57:39
Sarah Karakaian: your
57:39
Sarah Karakaian: time,
57:39
Sarah Karakaian: Amanda.
57:40
Sarah Karakaian: We
57:40
Sarah Karakaian: also
57:40
Sarah Karakaian: actually
57:40
Sarah Karakaian: have
57:41
Sarah Karakaian: a
57:41
Sarah Karakaian: YouTube
57:41
Sarah Karakaian: video
57:42
Sarah Karakaian: that
57:42
Sarah Karakaian: where
57:42
Sarah Karakaian: Amanda
57:43
Sarah Karakaian: kind
57:43
Sarah Karakaian: of
57:43
Sarah Karakaian: made
57:43
Sarah Karakaian: sure
57:43
Sarah Karakaian: the
57:43
Sarah Karakaian: information
57:44
Sarah Karakaian: we
57:44
Sarah Karakaian: shared
57:44
Sarah Karakaian: was
57:45
Sarah Karakaian: accurate
57:45
Sarah Karakaian: and
57:45
Sarah Karakaian: we
57:46
Sarah Karakaian: shared,
57:46
Sarah Karakaian: um,
57:47
Sarah Karakaian: her,
57:47
Sarah Karakaian: uh,
57:48
Sarah Karakaian: some
57:48
Sarah Karakaian: of
57:48
Sarah Karakaian: her
57:48
Sarah Karakaian: opt-ins
57:49
Sarah Karakaian: there
57:49
Sarah Karakaian: as
57:49
Sarah Karakaian: well,
57:49
Sarah Karakaian: so
57:49
Sarah Karakaian: you
57:49
Sarah Karakaian: can
57:49
Sarah Karakaian: get
57:50
Sarah Karakaian: to
57:50
Sarah Karakaian: know
57:50
Sarah Karakaian: the,
57:51
Sarah Karakaian: the
57:51
Sarah Karakaian: tax
57:51
Sarah Karakaian: benefits
57:52
Sarah Karakaian: of
57:52
Sarah Karakaian: short-term
57:52
Sarah Karakaian: rentals
57:52
Sarah Karakaian: a
57:53
Sarah Karakaian: little
57:53
Sarah Karakaian: bit
57:53
Sarah Karakaian: deeper
57:53
Sarah Karakaian: with,
57:53
Sarah Karakaian: um,
57:54
Sarah Karakaian: a
57:54
Sarah Karakaian: printoff.
57:54
Sarah Karakaian: So
57:54
Sarah Karakaian: Amanda,
57:55
Sarah Karakaian: thank
57:55
Sarah Karakaian: you
57:55
Sarah Karakaian: so
57:55
Sarah Karakaian: much
57:55
Sarah Karakaian: for
57:56
Sarah Karakaian: your
57:56
Sarah Karakaian: time
57:56
Sarah Karakaian: and
57:56
Sarah Karakaian: expertise.
57:57
Sarah Karakaian: And
57:58
Sarah Karakaian: with
57:58
Sarah Karakaian: that,
57:58
Sarah Karakaian: I
57:58
Sarah Karakaian: am
57:59
Sarah Karakaian: Sarah
57:59
Sarah Karakaian: Karakaian.
58:00
Annette Grant: I'm
58:00
Annette Grant: Annette
58:00
Annette Grant: Grant.
58:00
Annette Grant: And
58:00
Annette Grant: together
58:01
Annette Grant: we
58:01
Annette Grant: are.
58:01
Annette Grant: Thanks
58:02
Annette Grant: for
58:02
Annette Grant: visiting.
58:02
Annette Grant: For
58:02
Annette Grant: visiting.
58:02
Sarah Karakaian: Talk
58:03
Sarah Karakaian: to
58:03
Sarah Karakaian: you
58:03
Sarah Karakaian: next
58:03
Sarah Karakaian: time.