Get the safety and high returns of real estate and dependable monthly passive income without being a landlord. We pay aggressive rates, secured by real estate. Short term loans average 1 year. Long term loans are up to 5 years.
With my today is Nelson Nigel, procurement specialist of Head Exposed, a technology firm that compiles and produces information on government and corporate procurement. We will be discussing Governments and corporation procurementand how it relates to purchasing. You are going to hear some insider tips, so you are going to want to take notes on this one!
Nelson Nigel studied all aspects of construction management at Columbia University and PACE University. He received further training at Turner Construction and Bovis Lend Lease (in conjunction with Medgar Evers College). In addition, he received instruction in design and construction under master architect Mark Strauss of FXFOWLE, in document management under Dominique Paraison of McKissack & McKissack Architects, and in construction accounting at New York City Tech under Robert Brewer of Grassi CPA’s. He earned his Bachelor of Anthropology from Queens College New York City.By 2006, he had established himself as a real estate developer when he founded Nelson Nigel New York. Among NNNY’s projects was the development of his 8-unit building in the Bronx, NY. In 2006 he founded Head Contracting LLC, where he was Vice President of Finance. In 2008, his performance earned him the distinction of being chosen as the Small Business Administration’s “Young Entrepreneur of the Year”. In May 2012, Nigel appeared in the Wall Street Journal; he has been featured as well on Fox News. In 2009 Nelson Nigel used his extensive knowledge of public administration and negotiating government contracts to establish HEAD EXPOSED, a technology firm that produces information content on government and corporation procurement.
With me in the studio is Michael Gray, CPA, author of Michael Gray, CPA’s Real Estate Tax Letter, the Real Estate Tax Handbook and How To Use Roth and IRA Accounts To Build a Secure Retirement. Today we will be discussing the Real Estate Tax Developments for 2013.Have a pad and pen handy, because you’ll want to take a lot of notes!!Here are some highlights of what we’ll cover:
Tax law changes for real estate investors in the “fiscal cliff” tax legislation (American Taxpayer Relief Act of 2012) enacted on January 2, 2013.
Summary of California tax increases for high income taxpayers adopted in the November, 2012 election.
How the 3.8% tax on net investment income will affect real estate investors, including a discussion of “real estate professional” status.
New final IRS regulations about what repairs are currently deductible and what improvements must be capitalized, including a written accounting policy you’ll want to adopt by December 31, 2013 and an election you’ll want to make for each of your properties for 2014!
When can Roth and IRAs be required to file income tax returns and pay income taxes?
How can you disqualify your Roth or IRA account, resulting in all of the accumulated income being currently taxable?
Listen To Show
Download mp3 Audio (right-click)
Michael Gray Profile
Michael C. Gray founded his CPA firm, Michael Gray, CPA October 1, 1996. He has continuously worked in public accounting since June, 1974. Mike was a co-founder and partner in charge of tax services of Hubler, Gray and Associates from June, 1986 through September, 1996 and a tax manager at KMG Main Hurdman, subsequently acquired by KPMG Peat Marwick, from February, 1978 to June, 1986.
The areas of practice that Mike has focused on include tax planning for individuals, estate and trust planning and administration, tax planning for businesses, tax examinations, and tax procedure. He also assists other tax practitioners in dealing with complex tax issues.
Mike is also the host of a weekly television show, called Financial Insider Weekly. It is broadcast on Fridays at 8 p.m. on Comcast channel 15 in San Jose and Campbell. Past episodes of the show are posted at www.financialinsiderweekly.com.
Mike has given many presentations and written many articles on tax subjects, including for the California Society of CPAs, Silicon Valley Bar Association and Santa Clara County Bar Association.
Mike has been a CPA in California since March, 1977. He received his BS in accounting and MBA at San Jose State University in June, 1974 and June, 1978, respectively. He is a past president of the Silicon Valley San Jose CPAs, past chairman of the tax committee for the Silicon Valley San Jose CPAs and past member of the state tax committee for the California CPAs. He is also a member of the Santa Clara County Estate Planning Council, and has been involved with the Executive Planning Committee of the Tax Section for the Santa Clara County Bar Association.
An article about the Web Site for Michael Gray, CPA appeared in the October, 1997 Journal of Accountancy. KNTV News also featured a story on his Web Site in the Technology section of the Six O’Clock News, and he as been profiled in The San Jose Mercury News. Mike has been quoted in The San Jose Mercury News, The San Francisco Chronicle, The Wall Street Journal, and The New York Times.
He is the author of How to use Roth and IRA accounts to provide a secure retirement, the Real Estate Tax Handbook, Secrets of Tax Planning for Employee Stock Options, Employee Stock Options – Executive Tax Planning, and Employee Stock Options – Executive Tax Planning.
Mike’s personal interests include the study of martial arts. He received his black belt from West Coast Tae Kwon Do in May, 1996. He has also studied American Kenpo and Aikido.
Mike has appeared as a member of the cast of South Pacific with the West Valley Light Opera, which was performed during November and early December, 1997. He received a director’s award, called the Captain’s Cape, as the outstanding chorus member. He also appeared in the West Valley Light Opera production of Carousel during October and November, 1998 and was the voice of Florenz Ziegfeld in Will Rogers Follies during June and July, 2000.
Currently, Mike and his wife Janet devote their Saturdays to caring for their grandsons, Kyan and Clive Baker, while their parents, Holly and Dan Baker, work in the family restaurant, Marché Aux Fleurs, in Ross, California
With my today is American entrepreneur, New York Times best-selling author, host of the Cardone Zone, and star/producer of TV’s TurnAround King,Grant Cardone. Cardone’s You Tube Channel features over 1000 videos on sales, motivation, success and the wealth mindset. He’s the author of 4 business books including New York Times best seller If You’re Not First You’re Last available at www.grantcardone.com. He was named #1 sales expert to follow on Twitter, offering daily tweets filled with insights and information in 140 characters or less. @grantcardone
Grant Cardone is an American entrepreneur, New York Times best-selling author, radio talk show host of the Cardone Zone, and star and executive producer of TV’s TurnAround King. Cardone is a respected, highly regarded master salesperson whose passion is to teach people how to sell themselves, their products and services.
Grant urges his followers and clients to make success their duty, responsibility, obligation, and to rise above out-dated, unworkable middle class myths and limitations in order to achieve true freedom for themselves and their families.
His straight-shooting viewpoints on leadership, the economy, small business, retail sales, employment, and headlines have made him a valuable resource for media seeking commentary and insights on real topics that matter.
Amongst Grant Cardone’s stellar accomplishments are:
• Internationally renowned business and sales expert.
• Author of 4 sales and business books, including New York Times best seller “If You’re Not First, You’re Last” and Axiom Award Winner “Sell or be Sold.”
• Creator of customized sales training programs for Fortune 500 companies, small businesses, success-minded individuals and entrepreneurs.
• A dynamic, highly sought after international speaker who captivates and motivates audiences with his engaging, entertaining and informative speaking style.
• Offers practical insights on sales, marketing, branding and entrepreneurship via print, digital, TV and radio media.
• Regularly appears on Fox News, Fox Business, CNBC, and MSNBC, and contributes to Entrepreneur.com, and Huffington Post.
Cardone and his team of certified sales trainers have worked with companies like; Google, Morgan Stanley, Afflac, AutoTrader, Camping World, Web Filings, NOVA University, Wayne Huizenga School of Business, Kawasaki, Cenegenics, Reinhardt Food Service, Carrier HVAC, and more.
To make his training available and affordable for sales people and sales organizations of all sizes, he developed cloud (web) based solutions allowing his sales training programs to be accessible from any phone, tablet or computer.
Bruce McClure, RHI, ACI, has been in the home inspection business for over 15 years and wants prospective homebuyers to know that not all home inspections are created equal. The industry is currently being plagued by corruption, with realtors running the show – rewarding lazy inspectors and blacklisting the good ones. McClure is determined to inform and protect the public, and hopes to eventually change the industry altogether.
Bruce McClure RHI/ACI has been a custom homebuilder, licensed realtor, and overall entrepreneur for many years. He’s been a professional home inspector since 1998 and a college-level educator of future home inspectors since 2003. McClure began his working career in professional association management (Board of Trade/Chamber of Commerce). Websites: www.BuyOrRunBook.com www.BruceMcClureRHI.com www.Condoease.com
Founder and president of SJREI Association, the premier educational and networking association for real estate investors in the Bay Area. Under Geraldine’s leadership, SJREI has grown from a half-dozen investors to a vibrant organization with over 200 investors attending monthly meetings. SJREI won the Award for Excellence from the National REIA (Real Estate Investors Association) in several categories. As an avid investor herself, Geraldine has interviewed multiple real estate pros, many of whom have been guests of SJREI which is in its 11th year in operation.
In addition to leading SJREI, Geraldine is publisher of the award-winning REI Voice Magazine, and a sought after real estate investing coach providing new and seasoned investors a careful and strategic approach to building and sustaining success. As a serial entrepreneur, Geraldine is also a principal in Miles/Barry Contract Furniture serving corporations in the Silicon Valley a fresh, contemporary, high-end aesthetic for workspace design and flow.
Geraldine resides in Silicon Valley, and is the proud mother of Colin & Claire her two children.
My guest today is Stephan Piscano, Co-founder and CEO of ListedBy.com, one of the most prominent real estate investment and online auction websites in the U.S. Want to know how ListedBy can help you as an investor? Stephan explains how…
Stephan Piscano is Co-founder and CEO of ListedBy. Piscano launched ListedBy with the single minded vision to revolutionize the real estate industry in North America. Since its debut in May 2012, Piscano has helped to grow ListedBy.com into one of the most prominent real estate investment and online auction websites in the U.S.
Highly recognized in the real estate investment arena, Piscano purchased his first investment property at age twenty. As founder and CEO of real estate investment consulting firm Pierce Wealth Partners, he has successfully led more than 1000 transactions, including liquidating several hundred online using eBay which is part of what gave him the idea to create ListedBy.com, a key catalyst behind his desire to create a free marketplace geared to become the platform of choice for real estate professionals to market themselves and their listings with live bidding auctions and fixed price style property offerings.
Piscano takes an active role in corporate and social responsibility, supporting local and national philanthropic causes and charitable organizations, with far-reaching impact.