Shows / Know Your Numbers
Know Your Numbers
Welcome to the Know Your Numbers Podcast with Chris McCormack and Better Books Accounting — the podcast for real estate investors, business owners, and entrepreneurs who want to build wealth by truly understanding their numbers. Each episode breaks down tax strategies, accounting insights, cash flow, profitability, real estate investing, and financial planning in a practical, easy-to-understand way. Whether you're scaling your portfolio, growing a business, or trying to keep more of what you…
Episodes
Know Your NumbersMaximize Your ROI: Understanding Real Estate Professional Status for Tax Benefits
Real estate professional status is a valuable tax strategy that enables individuals to offset losses from rental real estate against their active income. By…
Know Your NumbersUnderstanding Tax Implications in Real Estate: Long-Term Rentals vs. Fix and Flips
In this episode of the Know Your Numbers REI podcast, host Chris McCormack delves into tax strategies, news, and insights for real estate investors and…
Know Your NumbersTop Strategies for Real Estate Investors to Avoid IRS Audits: Essential Tips for Investors!
Finding a specialized tax advisor experienced in your industry is crucial for proper tax planning and compliance. Just as you would seek a surgeon specialized…
Know Your NumbersThe Importance of Documentation in Real Estate Tax Strategy. Tips for Tax Savings!
In this episode of the Know Your Numbers REI podcast, host Chris McCormack, a CPA and Certified Tax Planner, delves into the crucial topic of documentation in…
Know Your NumbersMaximizing Your Real Estate Revenue by Having Autonomous & Accurate Decision-Making
In this episode of the Know Your Numbers REI podcast, host Chris McCormack wraps up the series on Six Keys to Increasing Your Real Estate Revenue by discussing…
Know Your NumbersAvoiding Costly Mistakes: Why Professional Advice is Essential in Real Estate Business
Investing in professional advice and teaming up with a qualified professional is crucial for real estate investors to reduce audit risk and avoid costly…
Know Your NumbersHow Tax Planning Can Save Real Estate Investors Money: The Importance of Investing in a Tax Plan
Investing in a tax plan is crucial for real estate investors to save on taxes and plan for the future. It is important to understand the significance of tax…
Know Your NumbersUnlocking Financial Success in Real Estate with Proactive Performance Tracking
Managing your real estate business effectively requires measuring and monitoring your performance through up-to-date bookkeeping and tracking the numbers. In a…
Know Your NumbersFrom Chaos to Control: Implementing Effective Financial Habits for Real Estate Growth
Proper internal controls and regular processes are essential components for maintaining accurate financial records and implementing an effective tax strategy…
Know Your NumbersStruggling with the Chaos of Accounting Errors? Achieve Peace of Mind with Clean Financial Records
Clean accounting and bookkeeping are essential for the success of real estate investors, as they help eliminate chaos, errors, and unnecessary costs…
Know Your NumbersThe 6 Keys to Unlocking Your Real Estate Income: Learn How to Save $50,000 or More on Your Taxes and Build a Rock-Solid Real Estate Business
In this episode of the Know Your Numbers REI podcast, host Chris McCormack discusses his six keys to real estate tax savings. He highlights potential changes…
Know Your NumbersFull-Time: Work and the Meaning of Life (An Interview with David Bahnsen) I Chris McCormack & David Bahnsen
In this episode of the Know Your Numbers REI podcast, host Chris McCormack interviews David Bahnsen, founder of the Bahnsen Group and author of "Full-Time…
Know Your NumbersNavigating Insurance in Real Estate Investments I Chris McCormack & Aaron Letzeiser
In this episode of the Know Your Numbers REI podcast, host Chris McCormack interviews Aaron Letzeiser, the co-founder and COO of OBIE, a cutting-edge insurance…
- Know Your Numbers
3 Steps you Need to Take as we Wrap up Tax Season 2024
In this episode of the Know Your Numbers REI podcast, host Chris McCormack discusses key considerations as we approach the end of quarter one of tax season…
Know Your NumbersNurturing Growth & Financial Success I Chris McCormack & Parker Pursell
Building trust through human interaction and service is essential in financial empowerment. In a podcast episode featuring Parker Purcell, the significance of…
- Know Your Numbers
The Top 5 Bookkeeping Mistakes Real Estate Investors Make
In this insightful episode of the Know Your Numbers REI podcast, host Chris McCormack covers the five common bookkeeping pitfalls to avoid, including the…
- Know Your Numbers
Maximizing Tax Benefits in Real Estate Syndications: A Comprehensive Guide
In this episode of the Know Your Numbers REI podcast, host Chris McCormack discusses the topic of syndications in real estate investing. Syndications are…
- Know Your Numbers
Unveiling Deceptive Marketing Tactics of TurboTax
In this episode of the Know Your Numbers REI podcast, host Chris McCormack delves into the controversial marketing techniques used by TurboTax. He shares…
- Know Your Numbers
Maximizing Wealth: Understanding Tax-Deferred, Tax Now, and Tax-Free Accounts
In this episode of the Know Your Numbers REI podcast, host Chris McCormack, a CPA and founder of Better Books Accounting and Tax Planning, discusses the…
Know Your NumbersThe Power of Zero: Revolutionizing Retirement Planning I Chris McCormack & David McKnight
Tax rates are a crucial factor to consider when planning for retirement. In this episode of the Know Your Numbers REI podcast, David McKnight, author of the…
- Know Your Numbers
Understanding Roth IRAs: How Peter Thiel Turned a Small Investment into Billions
In this episode of the Know Your Numbers REI podcast, host Chris McCormack discusses the power and possibilities of using retirement accounts, specifically the…
- Know Your Numbers
How to Save on Taxes and Grow Your Real Estate Business with Effective Tax Planning
In this episode of the Know Your Numbers REI podcast, host Chris McCormack discusses the importance of proactive tax planning for real estate investors. He…
- Know Your Numbers
From Accumulation to Distribution: A Comprehensive Look at Estate Planning Strategies
In this episode of the Know Your Numbers REI podcast, host Chris McCormack, a CPA and Certified Tax Planner, delves into a topic that is relevant to all real…
- Know Your Numbers
Why One-Size-Fits-All Tax Advice Doesn't Work for Real Estate Investors
In this episode of the Know Your Numbers REI podcast, host Chris McCormack discusses the misconception that tax advice is a one-size-fits-all solution. With…
- Know Your Numbers
2024 Tax Law Changes: What Real Estate Investors Need to Know
In this episode of the Know Your Numbers REI podcast, host Chris McCormack discusses important things to be aware of as we approach the 2024 tax year. With…
- Know Your Numbers
Does Overpaying on Taxes Make You a Good Citizen?
In this episode of the Know Your Numbers REI podcast, host Chris McCormack dives into the controversial subject of overpaying taxes. He explores whether it…
- Know Your Numbers
Why Placing Your Real Estate in an S Corporation Might Not Be the Best Move (Unveiling the Truth)
Are you considering placing your real estate assets in an S Corporation? Hold off before making that decision! In this episode of the Know Your Numbers REI…
Know Your Numbers"The Power of Mindset and Mentorship in Real Estate Investing" | Chris McCormack & Julie Roy
In this episode of the Know Your Numbers REI podcast, host Chris McCormack interviews Julie Roy, a seasoned business leader and an experienced real estate…
- Know Your Numbers
Want to Save on Taxes? These Are The Essential Steps to Avoid Tax Mistakes!
Are you worried about making mistakes with your taxes? No stress – our latest video is here to guide you through the essential steps to help you keep more of…
- Know Your Numbers
Unlocking Real Estate Success: The Vital Role of Real Estate Professional Status!
In this episode of the Know Your Numbers REI podcast, host Chris McCormack, CPA, MBA, and Certified Tax Planner, dives into the topic of real estate…
- Know Your Numbers
Why Meeting with an Accountant Should be a Priority?
In this informative episode, we explore the realm of tax planning and address the pressing question: When is the appropriate time to meet with an accountant?…
- Know Your Numbers
Choosing the Next Location of Your Property? These are Tax Implications you Need to Be Aware of
In this episode of the Know Your Numbers REI podcast, host Chris McCormack, a tax expert, MBA, and CPA, discusses the breaking news of Jeff Bezos moving from…
- Know Your Numbers
Tax Benefits for Married Real Estate Investors: The Advantages of Filing Jointly
Are you ready to discover the incredible advantages of filing jointly on your taxes? Join us in this informative episode where we delve deep into the world of…
Know Your Numbers"The Power of Money in Motion" | Chris McCormack & Tim Cornwell
In this episode of the Know Your Numbers REI podcast, host Chris McCormack welcomes special guest Tim Cornwell, a realtor for eXp Realty and a successful real…
- Know Your Numbers
Stock Market for Real Estate Entrepreneurs: Is It a Wise Investment?
As a real estate entrepreneur, you've likely mastered the art of property investment, but have you considered the potential benefits of expanding your…
- Know Your Numbers
Prosperity Pathway: Navigating Real Estate Tax Strategy in Qualified Opportunity Zones
Considering a real estate tax strategy involving Qualified Opportunity Zones? This video is your essential guide on what to look out for when navigating this…
- Know Your Numbers
Navigating Real Estate Taxes: Tips for Choosing an Accountant
In this episode of the Know Your Numbers REI podcast, host Chris McCormack, a Certified Tax Planner and MBA in Accounting, dives into the topic of what to look…
- Know Your Numbers
2024 Tax Code Changes Explained: Impact on Your Finances Ahead!
Are you concerned about the impending tax code changes and how they might impact your financial situation? In this informative video, we break down into the…
- Know Your Numbers
Invest in These Five Areas to Save on Tax
In this episode, we'll be discussing the five Internal Revenue Service Incentivized Areas that taxpayers can take advantage of. Join us as we unravel the…
- Know Your Numbers
This One Strategy Will Increase the Cash in Your Bank Account
Chris discusses the concept of profit first and what it can do to your business if you're willing to implement it.
- Know Your Numbers
Should you Create LLCs in Wyoming, Nevada or Delaware?
Chris talks about the costs and benefits of setting up an LLC is a state that allows corporate anonymity. He answers the questions of what is corporate…
- Know Your Numbers
Why Entity Structure Matters in Real Estate
Join Chris as he breaks down the different entity structures and why they matter to your real estate business. Concerned about the amount you pay in tax? Fill…
- Know Your Numbers
Five Reasons You Are Overpaying the Government
In this episode, Chris discusses the five main reasons you're overpaying the government. Concerned about the amount you pay in tax? Fill out our pre-screening…
Know Your NumbersWhat is Tax Planning?
In this episode, Chris discusses what tax planning is and why every real estate investor should be doing it. Concerned about the amount you pay in tax? Fill…
Know Your NumbersHere's what you can do to save on taxes NOW with Matt Ruttenberg
Matt Ruttenberg is the founder of SureLI, a life insurance company focused on cover you the right way as well CMO of Life, Inc. Retirement Service, a firm…
Know Your NumbersIs Real Estate a No Brainer? Breaking Down the Numbers with Flint Jamison
Flint Jamison is the founder of Vestus Capital LLC - a real estate investment firm focused on helping busy people earn passive income through commercial real…
Know Your NumbersWhat was the 401k created for? With the "Father of the 401k" Ted Benna
Ted Benna is commonly referred to as the "father of 401(k)" because he created and gained IRS approval of the first 401(k) savings plan. Ted has received many…
Know Your NumbersWhat it Means to be Addicted to More with Brock Fortner
Brock Fortner is the Lead Wealth Strategist at Stone Century Financial. Together, he and his team help others reach financial freedom, pay less in taxes and…
Know Your NumbersThe Most Creative Way to Build Wealth in Real Estate with Don Spafford
Don Spafford is the Investor Relations Specialist at Happy Camper Capital - a real estate investment group dedicated to the outdoor hospitality industry. Don…
Know Your NumbersFulfilling the Great Commission...IN OUR LIFETIME
Daniel White is the Founding Principal of Kingdom Equity - a real estate investment firm focused on generating financial and spiritual returns through passive…
Know Your NumbersThe Steps to Master for Financial Growth with Mills Bender
Mills Bender is the founder and owner of Mills Knows Bills - a financial consulting firm helping you pay off debt, stop living paycheck to paycheck and reach…
Know Your NumbersSurround Yourself with the Right People with Carl Grande
Carl Grande is the founder and CEO of Grand Capital Management, a financial management firm focused on helping families and business owners integrate their…
Know Your NumbersThe Only Thing Every Investor Should be Evaluating with James Stratton
James Stratton is a I am a United States Air Force Retiree with over 30 years of small business experience as a Realtor, Project Manager, Mediator, Trainer and…
Know Your NumbersAct your Way into Learning - How to Master the Art of Real Estate with Mitch Renda
Mitch is the Co-Founder of Ten27 Group - a Real Estate Private Equity investment and development firm focused on the Midwest and Sun Belt markets. Mithc and…
Know Your NumbersInnovation through Differentiation - How to Stick out Amongst the Crowd
With Andrew Rauschenberger. Andrew sat down with Chris to discuss what it takes to differentiate yourself in a crowded business environment Connect with Andrew…
Know Your NumbersThe Upside Down Way to Build Wealth with Drew White
Drew White is the founder and CEO of Create Tailwind a financial coaching firm focused on the fed-up business owner and real estate investor. We talk about his…
Know Your NumbersBusiness For The Glory of God (Part 1 - Ownership)
Chris discusses how one can glorify God in the marketplace through the principle of ownership ---- Interested in starting a business? Thinking about…
Know Your NumbersEpisode 87 - Enhance these Five Pillars for a Life Well Lived
Chris details his five pillars of a life well lived. Thinking about starting a business? Check out our Better Books Business Launchpad - the tool you need to…
Know Your NumbersHow You Can Get Business Funding Without the Hassle of Big Banks with Brian Kennedy
Brian Kennedy is an Entrepreneur AND Intrapreneur, running his own business while serving those starting their's as well. He serves as the Entrepreneur…
Know Your NumbersPractice these 3 Principles for Financial Health
Chris outlines three fundamentals to building lasting wealth. Thinking about starting a business? Check out our Better Books Business Launchpad - the tool you…