Beards on the Street
Parry Ward and Aaron Pehrson, two Real Estate agents in Salt Lake City, Utah, with a team at Century 21 Everest called "The Luxury Agency". Beards on the Street is two seasoned agents chatting about Life Experiences, Love, Family, Friends and of course the Utah Real Estate Market conditions. Parry and Aaron primarily focus on a system coined "My Top 50" based around showing up for the people in there sphere consistently and with purpose.
Beards on the Street
Beards On The Street Episode 31 - Tax Efficiency Extravaganza and Heartfelt Community Spirit: From Real Estate Savvy to Social Mixers and Charitable Warmth
Hey there, Beards on the Street ! Buckle up as we bring in the laughter and savings this Friday with a tax efficiency masterclass, courtesy of our esteemed guest, Bill. Ever wondered how to twist and turn the knobs of your real estate portfolio to keep Uncle Sam's hands off your hard-earned cash? That's precisely what we're unpacking in this episode, along with a jovial nod to presidential quirks and a wink at the magic of numbers—specifically how episode 31 might just be our lucky charm, being the reverse of 13.
Our heart-to-heart doesn't stop there; we intertwine the threads of personal life with community spirit. Pondering over the emotional trade-offs between catching live music or staying in for family time, we segue into the anticipated thrill of our social mixer. It's not just about rubbing elbows though; we're layering up the love with our cold weather gear drive, as we tackle the tougher conversations around local food pantries in schools. It's an episode that's as much about nurturing the soul as it is about nourishing the brain.
As the conversation simmers down to the nuts and bolts of tax planning, we're casting a net wide enough to capture the W-2 earners and real estate enthusiasts alike. From the savvy use of tax brackets to the allure of fractional ownership, we lay out the fiscal feast. And don't forget our panel of vibrant guests—Shari, Lisa, Max, and Anne Carolyn—who sprinkle their own brand of spice into the mix. So while we couldn't squeeze in your burning questions this time, we promise they're on the menu for next week. Subscribe and stay tuned—because with us, your weekends are about to get a whole lot smarter, and your pockets, potentially a little deeper.
What is going on?
Speaker 2:Good morning morning Friday's savings day. I love it.
Speaker 1:Love the savings day Boy. We got a cool cat in the office today.
Speaker 3:On the pat On the podcast. This is going to be fun.
Speaker 2:It's going to be good, it's going to be good, get your Joe Biden's on, because you're going to need him, baby.
Speaker 1:Is that like depends? Yes, wait, wait, wait.
Speaker 3:So is he a? Is he a?
Speaker 1:Yes sir, is he a boxer or a brief guy? Good, one.
Speaker 2:Good one. Michael Sturahan on ABC News asked our sweet president, joe, do you wear boxers or do you wear briefs? And he said it depends. Now come on, come on that really happened.
Speaker 3:You're way better at dropping the joke.
Speaker 1:I was going to say I thought it was a meme.
Speaker 2:No, it's just me making. I'm a Republican. I apologize.
Speaker 1:I think we are too Nothing to apologize for that man. So welcome to Beards on the Street people. Here we are in the studio episode 31. 31.
Speaker 3:Is it? It is.
Speaker 1:Okay, I'm pretty sure it could be off by one.
Speaker 2:But it's 13 backwards, which is what you're missing, right Lucky 13, baby and it's a Friday, right, it's a Friday. One of makes. We're all in the same page here. This is good, yeah Well.
Speaker 1:Numbers are aligning. You're a natural of this, isn't this fun, dude? We always have fun, absolutely.
Speaker 3:Absolutely.
Speaker 1:Finney, what are you doing? Yep, fin's down there by my feet looking up at me like what are you doing, man? So good week Aaron.
Speaker 3:Yeah, it's been a good week. Actually, we're having a little fun. You and I are out looking at some flips and looking at those opportunities. I think we're going to actually write an offer on one today, that's right. That's right, and we had a good meeting with our new guest here today. We did. We're really excited about where we're going and what we're.
Speaker 1:Yeah, I can't even wait to get into the guts of this whole thing with Bill. A little bit of housekeeping guys. Say it every week. I'm going to say it every week going forward. Please, if you have not, jump on our YouTube page there's all kinds of links out there and subscribe to our Beards on the Street so that we can you can be notified when we're going to have these. We're live every single Friday at 10 am. So just talking about real-life shit between me and Aaron and our guests and throwing a little bit of real estate in there, since that happens to be what we do, that's right and we're good at it, that's right.
Speaker 2:It's still the number one tax strategy for us guys who are trying to save on taxes.
Speaker 1:Well, that's going to be good, because we're going to show you guys, through Bill, how to seriously structure your portfolio to pay as little taxes as possible and take advantage of every benefit that this government gives us 750 pages in the tax code. And you know every word.
Speaker 2:I know 11 pages really, really good, and that's the self-employed pages, and real estate is still king.
Speaker 1:I love it. Yes, it is, real estate is king and will always be king. So a couple of things. We had a couple of closings last week we had. Did we go to a concert? Not last week, I know I had a couple and didn't go. I did. Yes, you did.
Speaker 3:Where'd you go? Oh yeah, it was Halloween. So I have a pack of buddies that are single guys and we kind of run the town a little bit and what's the funniest part is Aaron dressed up as a hooker.
Speaker 1:Very good, he was a total hooker, uh-huh.
Speaker 3:Cause deep, deep down in. I was the cowboy hooker.
Speaker 1:Aaron wants to be a hooker.
Speaker 3:Good one, good one. If I could sell it, I would.
Speaker 1:So, ladies, if you're looking to hire yourself a hooker, you got one right here and does he have real estate?
Speaker 2:Oh my God, he's got muscles.
Speaker 1:He's got muscles and man.
Speaker 2:he looks good in a skirt and that's the last time he took his shirt off on the podcast. Oh my God, I know.
Speaker 1:Okay, I'm going too far. Okay, bill, I don't want to see that.
Speaker 3:You've seen that.
Speaker 2:I've seen that. You've seen it. All right, bro, good one, no I haven't this guy's got a?
Speaker 3:yes, you have. You have a 36 foot no.
Speaker 1:I don't?
Speaker 3:Yeah, dude, I was rocking around that place Very good.
Speaker 1:Very good. So, uh, yeah, we didn't. Uh, there was a concert last night but I chose not to go. Uh, decided no-transcript, in my best interest to stay home and hang out with my wife which is always good.
Speaker 3:Yeah, when you know that's what you gotta do, you better do it.
Speaker 2:Or slow down, guys. What about a jazz game? Take the wife tax right off. Watch them break our heart because you can't make a three pointer at the top of the key. Right, Okay, I'm going too far. So, okay, go back to your-. Were you there last night? Yes, come on, that was are you kidding me?
Speaker 1:at top of the key, we gotta go to a jazz game with this cat.
Speaker 2:Ooh, we have the high five club at halftime. Join us, that's us, that's us All right, okay, buddy, okay, I'm in.
Speaker 1:We talked about subscribing. What else we got?
Speaker 3:Our website guys. I mean oh, we have our mixer coming up. Oh, we do have our mixer.
Speaker 1:Give me a second. Let me pull this sucker up. This coming Thursday, this coming or next Thursday, so it's on the 9th of November, over at the Midway. At the Midway, that's just a couple blocks from the office here, and that happens to be the very first place that we did our mixer.
Speaker 3:And it's been. Is it a full year we've been running these around?
Speaker 1:Yeah, yeah, this is our year. So, bill, to bring up to speed, every second Thursday of every month we hold a mixer. That's just, we go to a different bar here in the valley and it's just all about people getting with people and mingling and just getting to know people. And we've had tons of people meet up that either for business reasons or for personal reasons or that's good, you know, that's okay, that's okay. So anyways I'd like to come. Yes, we'd like to come.
Speaker 1:You're invited and it's just totally low key and just you know, it's just all about people. It's you know Building relationships, Building relationships, Exactly.
Speaker 3:As the right questions I love it so this one's around the car drive, I want you next Thursday.
Speaker 1:It's just right at the midway. They start at five o'clock and go until we're done and people can stop in and some will come in and say hi for a minute and then boogie. I mean, it's not a big deal, guys, it's whether you drink or don't drink and I know we've talked about this because we freaking live in Utah. It really doesn't matter. It's not about that, it's at a bar, it's not about that, it's drinking. If you want to drink, I mean, hell, show up and drink a soda pop for all I care about You're not somewhere Because that's better for your body than beer.
Speaker 3:Right, right, wrong.
Speaker 1:Right, no, it is, it's time. Anyways, don't get me started on that. Yeah, but bottom line is and then our charity for this one, because, again, this is what we this is one of our first ones we did is and we're coming into the season is cold weather gear, coat, drive hats, gloves, boots, you name it. Guys, there's so many people out there that need our assistance and we deserve to give it to them. Yep, you know, whether it's excess stuff that you have hanging around that you never used, throw in a bag and bring it out. And if you can't come to our deal, call us.
Speaker 3:I've been called by a couple of my friends. I've got some drop off. Let me ask you this weird question.
Speaker 2:I'm kind of a sob and did we ever have a pantry, a food pantry?
Speaker 1:at high school we did. That was our very first one that we ever did. No, I mean when we were kids.
Speaker 2:When we were growing up, did you have a food pantry at your high school where high school kids could come and take food from there if they needed it? Not where I grew up, no, no, what is going on out there? I was watching the news and they have food pantries at local high schools because kids are not getting food and coats on the temple age.
Speaker 3:You know what there's in Granite School District. They actually, so it's kind of an improvement thing. They provide two meals and on the weekend they actually send them home with a bag of, Because that's the only food these kids get.
Speaker 2:Yes, that's right, I love it.
Speaker 1:Very good. We actually ate lunch yesterday at the cotton bottom and we're talking to a guy that was previously in education. He was a vice principal, then a principal, then another principal. Anyways, it's just these people like he was talking about. I mean, they get a salary and all these schools that he went to. They would upgrade these schools. Guess who the super was to handle all of the upgrades on the school and get any extra pay, managed the whole remodel of the school.
Speaker 1:If you can imagine how over that's yeah, that's major, and this sucker didn't get paid any more money, the principal.
Speaker 3:that became part of his job. Wow.
Speaker 1:That's why he retired, he said, because he had another one come up and he just he couldn't do it.
Speaker 2:But what's going on in our economy when our kids have to go to a high school pantry to have some food to eat or to go get a coat or a robe? That's come on, come on. Well, bottom line is we're having a happy living in Utah, Right.
Speaker 1:People are very giving here and you know what? We've always had just tremendous support of all of our giving things. But this one, guys, down to people that are down on their luck and living in the streets I mean, it would probably blow people's minds away if they truly knew how many people actually freeze to death on our streets every single year. Right, it's ridiculous. So let's all wrap our arms around this one. Let's all get involved. Like I said, if you can't come to our event, just reach out to us, I don't care how. Reach out to us and we'll make it work to pick up whatever it is you've got. I want to fill a freaking truck my truck, and Aaron's truck and Bill's truck health sake my escalator's there.
Speaker 2:I don't drive a truck.
Speaker 1:Well, we can put more in your escalator.
Speaker 2:We'll put the seats down and fill it up.
Speaker 1:So everybody get involved, let's make this thing happen. Let's make it happen people. That's what's important is helping other people, so let's jump into it. Dude, I'm excited to talk about this.
Speaker 3:I'm so excited about this.
Speaker 1:So you guys have already met our guest Bill, but let me tout him a little bit and let me talk about him. So Bill founded and started Prodigy Tax.
Speaker 2:Accounting services. Accounting services, we do it all, we do it all.
Speaker 1:Yeah, this is his sexy mug, this is his picture of promotion out there right here, but then we've got the real guy right here. So Aaron and I went and sat down with Bill earlier this week to just chat with him about some different ideas that we've had. More importantly, Aaron's had about really specifically going after a group of people that are in a certain tax bracket and teaching them how to take full advantage of all the tax benefits that they have available to them. How's that for an entry?
Speaker 2:I love it. And the biggest problem that you just said, if you were to, snops us into one sentence you don't know what. You don't know Exactly and how many of us do? Turbotax Number one how many of us go to a CPA?
Speaker 1:Where I drop it off.
Speaker 2:Yeah, but you drop it off at the secretary and two weeks later you pick it up with a huge tax bill with no explanation. But number three is the biggest problem. You need to sit down with a tax person and game plan for your 23 taxes and we just started November.
Speaker 1:This is the best time to sit down and say, hey, Mr CPA, or Mr CPA, you want to start now, so that you're building and doing what you're supposed to be doing, not after it's all over and it's all done.
Speaker 2:That's right and he should be asking you questions about your year. Go in with. I'll give you a list of questions here in a few minutes, but there's some serious bullet points out there in the real estate industry, so let's jump into it. Let's hear it. First of all, number one income brackets. Ok, this is the topic today is I got the thing up.
Speaker 1:You got the brackets.
Speaker 2:You got the brackets, ok. So the very first question you're going to ask your tax guy is what tax bracket am I in? Ok, the second question is how do I lower and get into the next bracket below me? What are some tax strategies to lower my income, the tax bracket? To change my tax bracket? Ok, to save on taxes? Ok, you know, when I start talking, my wife, she says Bill, why do you get so damn excited? Why?
Speaker 1:are you yelling? My wife tells me all the time she passed me.
Speaker 2:Yes, you're yelling.
Speaker 1:Could you do that to me, because she doesn't tell me all the time You're yelling, I'm like I'm not yelling. She's like, buddy, you're yelling my beautiful bride she's not here to tap me.
Speaker 2:So guys tap if I get excited. But you guys seriously, what they came into the office for was some game planning. What can we do to save on taxes? And at our office when we game plan, we usually give a new client an A, b or C of an assignment, because every tax return is not the same. Your friends across the street are not like you. They may make different type of income. There's W2 income, verified wages. Then there's that funny money, the 1099 employee Right who can't qualify because of the money, because they write everything off. That's right. Except if you game plan for the self-employed world, you can take advantage of some of the depreciation rules on vehicles, on rental properties. That will increase your income, which will help you qualify for a bigger house Nice.
Speaker 1:Or for rental.
Speaker 2:All part of the game plan, right, ok, all right.
Speaker 1:What's the perfect tax bracket for your system? If there is one.
Speaker 2:Well, there is no tax. Ok, so for those who are making 12%, that's not much. You really don't get a lot of. You get all the credits that they're earned income credit.
Speaker 1:You get the, so that's somebody that makes up to what and is a W2 employee.
Speaker 2:Yeah, usually anything under 120 to 90. That's those clients. Because you get your, you make your 90.
Speaker 1:Doesn't that blow your mind? Oh yeah, that's yeah. Yeah, yeah. But again, my stepdad's yearly annual pay as an art teacher at Malat High School was like $36,000, maybe $1,000 a year. How do you do it? Nine kids, that's right. How do you do it? How did they do it Right? But anyways, keep going.
Speaker 2:Let's go back to a very generic client here in the Salt Lake City area. My husband and I make $90,000. Ok, I've got four kids. Ok, I'm renting and I want to qualify for the house. So what do you do? You go out and you go house marketing. You go out for a house and then you go to the lender and the lender says let me see your tax returns for the last two years so they can do a debt to income for you to see what kind of house you qualify.
Speaker 1:If you qualify.
Speaker 2:If you qualify. But then here's the kick in the shorts. The lender says you don't qualify because you got to make this much money. Yep, well, how do you do that? Well, you go talk to your tax guy and your tax guy and you will give you a strategy. Whether you're a W2 or self-employed guy, there's ways to get a $90,000 client qualified. Ok, don't, don't accept, no, no and no. What about a maybe, maybe and a maybe. There's three types of tax clients OK, savors, spenders, dreamers. Ok, we work with the dreamers because they're always dreaming of the future. What am I going to look like in five years, 10 years, 25 years? But most of us right now in the economy, we're only. We can't look past a week. But, yes, yes, but your tax guy, your attorney, your banker, there's a team of professionals that should be helping you qualify. Ok, ok, all right, love it. Ok, no, I'm getting excited again.
Speaker 3:Oh, it's all right.
Speaker 1:OK, talk to me about this bonus depreciation phase out.
Speaker 2:All right so for example, I'm a W2 person, ok, and I'm making $250,000 to $500,000. And you're trying to lower your income to save on taxes, ok, so what most tax guys should be telling you to do is to go out and buy yourself a rental property. That rental property is a giant gold egg when it comes to taxes, because I can do regular depreciation or I could do a bonus depreciation, which is up to $107,000 on some scenarios, but you would do a cost segregation on your property to see what you would qualify, which would lower your income by using depreciation. Ok.
Speaker 1:OK.
Speaker 2:When's?
Speaker 1:the last time you heard that strategy. Oh, three days ago, because you told it to me.
Speaker 2:You know my summer sales kids that go out and knock on doors all summer and they come back with a half a million dollars, yep, and all those sweet trucks they're driving around town. Tax write-offs, depreciation, lower my income so I look good outselling, but then I qualify for a bigger home because my truck's $80,000 to $120,000. Now my income's that much higher, which gives me that much more real estate Cost segregation. Ask your tax guy about that. Should I get a real estate, a rental? Should I go out and buy an asset like a vehicle? These are questions. You should be. But if you're a W-2 guy you've got to get a whole other plan because your wages are verified, taxed. But if you're self employed, now we got a lot of room to live with.
Speaker 1:So the reality is is we're talking to those 1099 guys. That's who we need. That's who we want. That's who you want is the dreamers that are making all the cash. They're keeping all their cash, or trying to keep all their cash, and at the end of the year it all comes down to. You know, I mean, I've played this game for a long time and at the end of the year you're trying to get that number as low as you freaking can and then, like you said, you don't qualify for Jack Shit, and it's just this big vicious game.
Speaker 2:Yeah, so again. So you're talking about a very common scenario in Salt Lake. Yes, People don't know who to ask. I can't even get ahold of my account If I go in there. He's gonna charge me another $500 for 45 minutes of my time, or more, or more. But the bottom line is you've got to find your tax guy that speaks your lingo, got it? Not all tax guys speak real estate, not all tax most. There's all different types of tax people out there. But until you find your flavor and the person that you can ask your questions and get real answers and not well, you know, I'm not really sure Well, let me think about no, bro you want answers.
Speaker 1:So to sum it up, bill, what I'm hearing you say is stop being a sheep. Stop just going, handing off your stuff, going back picking up your taxes and paying them and wham bam, thank you, ma'am, and you just move on your way. That's right. You need to dig in your heels and start asking hard questions and if they can't answer those questions, change your tax guy. That's right.
Speaker 2:You may have to leave your parents' tax guy. You know, because mom and dad, who are 60 plus or 55 plus, their game is different than a person who's 30 or 40. You're still in the game, they're on the, they're in the fourth quarter, the seconds are taken off, but you, at 30 and 40, you can still recapture most of your money going forward rather than just saying it is what it is. If your tax guy says that, run for the hells, it is what it is. Pay your taxes.
Speaker 1:So let me ask you this Bill what if I have one thing as well, Fire away.
Speaker 3:Just, there's a distinction though. You mentioned being W-2, or being 1099 self-employed. There's a a value or benefit with this bonus depreciation opportunity. My understanding is if you actually went out and purchased a property like an Airbnb, so it's a nightly rental classification which makes it a commercial something like that.
Speaker 2:Okay, if you keep talking.
Speaker 3:So my understanding is that there is also the opportunity at that point because of that classification of property that allows you to do a bonus depreciation. It's another way to really you know, even these wage earner, high income, wage earner, w-2 people can can capitalize on.
Speaker 2:Well, the W-2 guy has a leg up on the 1099 guy because his wages are verified through a W-2. Yeah, so already you got a leg up. But the question is, how much does line?
Speaker 1:So it's all about what bracket you're in as a W-2 guy, absolutely.
Speaker 2:How much wages are you making your tax guy? And the year in review, this is November, december. He could tap into a to a sample type in your W-2. As is as of right now, november 1st, put in your federal, your federal with all your state, and see where you're at. Oh my God, I'm only $12,000 in taxes, mr Tax Guy. What do you think I could do to save on taxes? Well, there you go.
Speaker 1:There's your. I can verify this. What's? What's the other kids name?
Speaker 2:Sam Sam, oh, my God, sammy J.
Speaker 1:Sammy J. Sammy J Sat there, that good guy. Seriously, you know well, maybe you don't know, but you know how you have those those. Those warnings on television programs are on games, where the flashing lights will make you have a seizure. This kid was going so damn fast on his computer I started seizing out on him.
Speaker 2:Yeah, so I have a, I have a whole office. The name of our business is Prodigy, because I work with my three, my three kids Perfect, and those three kids. Then we have about 10 other employees and they all sound a lot like me. We all use the same strategies. I got Sammy J.
Speaker 1:I got a basketball hoop in their, in their office. Oh, I can tell you they ran. They ran off the insurance company next to them cause they were too damn loud.
Speaker 2:And the. Should I tell my office motto? Yeah, in the, in the office, I have a basketball court and there's a three point line and on the three point line there's an office motto that says we only shoot three pointers because layups are for pussies.
Speaker 1:Nice.
Speaker 2:Stop being a pussies, shoot a three, that's right.
Speaker 3:Bill. Bill asked last night about what kind of points we were going to touch on and I said you know, I labeled off the. The cost segregation, the bonus depreciation goes. So only threes. And I said, well, for bringing in Jordan, why not just shoot the shoot? Shoot the threes, good one.
Speaker 2:Aaron, yeah, you guys stop stop giving the government your money. It's okay, exactly, you're going to give them something I am. I'm not the tax guy that's here to rip off the government. I'm here to tell you what you can and can't do with your income. That's, that's all you want to know. You want to know what am I doing right, what am I doing wrong and what can I change? That would make a significant debt in my tax game plan.
Speaker 1:Okay, so to be a little more specific, aaron, on on on these seminars that we're setting up and going to start doing which, by the way, just kind of let the cat out of the bag. But Aaron and I are putting together a seminary series where people can come out, sit down and and listen to what it is that we can do. Bill will be there. Bill will be there. We're going to have all, all, all the professionals in the industry that are going to help you structure your life and your finances to get the very biggest benefit out of that, including rental properties, including tax, tax brackets and tax breaks and down the whole entire gamut, whether it's vehicles, whether it's your home improvements you made on your home and we're going to teach you how to do it?
Speaker 2:Do you guys touch on fractional ownership? Is that something that's been talked about?
Speaker 3:No, we will talk about anything?
Speaker 2:Yes, because I will tell you because I do. Our firm does work with a lot of summer sales. Yep, a lot of those guys come back and they've got all that money in their pocket and they can't qualify. So a new program we got hooked up this last January was with Ember Homes with fractional ownership.
Speaker 1:That's a big thing up in Park City, Park City.
Speaker 2:St George, Malibu, Nashville, Tennessee. But instead of buying all of it, you could buy one eighth of it and then, as you get older, you could purchase more of it. Yep, but it gets you into the game without having to qualify because it's for some place. It's for 108,000. That's almost a 900k home.
Speaker 3:No, it's, they're incredible properties.
Speaker 2:It's on a condo, it's on a townhouse, so like, like the beards on the street hypothelique would purchase a home and they would find eight people to purchase it and they would each get their 48 to 44 days per year to go, and then they get their residual money from the rest of the year. Yep, okay, you guys, there's a million things out there. There are you guys got to figure out what gets you up in the morning, what you're trying to accomplish, and get yourself a game plan, a mission statement, because you're only going to make that dollar once, exactly, and the next day you're going to make it once.
Speaker 1:What about for an old duffer like me, Bill, that's 57 years old and made all kinds of money and didn't have somebody like you to guide me? And made some dumb ass decisions.
Speaker 2:I had a guy in yesterday 59 and a half Okay.
Speaker 1:He's retired. Is it all reforming? Just kick dirt on me and I'm done.
Speaker 2:No, we will do a bunch of analysis with you guys. That's the first thing we do.
Speaker 1:Okay, who are you man? He said a scary word. He said he didn't just puckered up. I got to go for that. I'll let you say that to my wife.
Speaker 2:That's very good I got to meet her she is, she's a hot dude. But for someone like you, as you'd come in with your financial planner or with your tax guy and do it a bunch of mouths. What do you have in place? Retirement, real estate, rentals, stocks, dividends and all that and put that on a piece of paper and see who you are and see what bucket you need to fill. I'm not the planner, I'm just the tax guy, but we use those three buckets to save you on taxes. Love it, we love for.
Speaker 1:Or to build your wealth.
Speaker 2:To build wealth management. It's exactly what we do using real estate. Build like it because the market, if those who have money and you know what, bill?
Speaker 1:I've got a guy that his nickname is Chaos. You talk about that. You know nicknames. His nickname on the street is Dollar Bill and Chaos is a wealth management guy. That you two, you probably know him.
Speaker 2:I don't know. Okay, I like that. I've been called Tasmanian Devil many times, but this guy is, he's good.
Speaker 1:And anyways, remind me, I want to introduce you to this cat.
Speaker 2:But you guys, before we end this podcast, just know, don't sit there and wonder if you think your taxes are kind of not done right or you're missing something or you didn't get your questions answered. You're 100% right, because those are your feelings, that's your narrative. So you need to get a second opinion as soon as possible. It doesn't have to be from Mr Bigmouth, bill Kohler or Prodigy, but find somebody that speaks your lingo. Let them review 2022s, get a game plan for 23. Come on.
Speaker 1:Love it. Love it and listen up soon, because we're going to be doing these seminars really soon. And, guys, if you have any questions, if this piques your interest and you want to know more, reach out to us and I promise you we'll handle it right. We'll put you in the right position with the right people. That's what we do.
Speaker 3:I already have one of my buddies calling you. You'll be hearing from him today Michael Strayhan.
Speaker 2:Whoa hey, adam Rich. Good one bro, I've got more. You know, if I could just tell them the best joke that I do, okay.
Speaker 2:Okay, that's here I was down at Vegas and I went to the Raiders game and I went up to the nearest porta potty and there were three dudes at the porta potty. Okay, and I do this to my new clients, I'll give them a hundred dollar bill if they can answer this question Name the nationalities of guy number one trying to get into the porta potty, the nationality of guy number two inside the porta potty and the nationality of the guy who just left the porta potty. Okay, for $100, can you name their nationalities? Aaron Perry, well, the first guy is easy. I'll give you the first one. The guy in line. He's Russian. He's got to get inside, bro, I can't wait any longer.
Speaker 1:He's Russian. He's Russian, okay.
Speaker 2:The second guy inside he's European bro Dude, is this Okay? And they do that. Just left, he's finished. There you go. It's a money maker. It's a money maker, you guys, I like it, I like it.
Speaker 3:You're awesome.
Speaker 1:Bill Well.
Speaker 3:I'm excited man.
Speaker 1:This is, I know Aaron's been off the charts excited. So you know this is going to be a really fun segment of our business moving forward because, guys, these seminars that we're putting together, it's not going to all be about taxes, it's going to be about rental properties and finding the right rental property that fits within what you need to do and did I? Yeah, you're full, and I mean on down the line, you know, wealth management. Bottom line is is we all need more of this and we need people in our lives that are just as motivated and just as freaking fired up as we are about it, bill.
Speaker 3:It sounds like we need. It. Sounds like we need a tax guy like you. Okay, right, our general public people we're talking to. Okay, we need a tax guy. Okay, we need a real estate agent. What's the last one?
Speaker 2:You need an attorney and a banker. You need four people in your, because all of us work on your behalf. Yep. But let me, let me just let me, as I sign off, let me say this one last thing. Okay, this is what I tell my summer sales kids who are out there in Texas record heat this year and they're outdoor knocking and it's 128 degrees and their sunburned layers and layers of red skin and I said, I said to them why are you working so hard to give?
Speaker 2:your money away If I was in your situation. I'm going to work my gut, I'm going to make all the money I can, but then I'm going to find a team Try to keep it. Yeah, I'm going to find a team who's going to help me keep it in all different kinds of ways.
Speaker 3:Love it Okay.
Speaker 1:You guys Love it. So lots more to come guys. Thank you so much Thank you so much for coming.
Speaker 2:Thank you. My phone number yes.
Speaker 1:Yes, do it. Of course you can give your phone number.
Speaker 2:Texting is always best. Perfect, I am 16. Text is 801-891-9446. That's me directly and you'll call the founder of the business and then we will have you come to the office or we'll talk my phone and I'll find the right personality for you and what your your needs are with all of my kids Perfect.
Speaker 3:We'll also. We'll also put that information in the link in our in the description. We will, yeah.
Speaker 1:Well, we'll add all of that to it. So when you guys are seeing this out there, you'll you'll have access to that, you know. On a quick side note, I come to find out in chatting with Bill. He used to live right across from my aunt in Sugar City, idaho.
Speaker 2:Isn't that a sugar city? I was just at BYU. My first teaching gig was at Sugar City, idaho, and across the street was the bar cheese and and little Craig and they. They raised now just a wet nose kid from BYU and they were so generous to us so cousin Brian Craig.
Speaker 1:Roxanne actually Roxanne passed away. Shari Lisa, all you guys. Max, I think you know this cat.
Speaker 2:I know Max and Anne Carolyn.
Speaker 1:Yeah. It's good talking to you guys. So thank you guys for for jumping on. This is some exciting stuff. We're we're a lot more to come about this topic. We'll see a lot more headed your way. And again, don't forget, go and subscribe to our Beards on the Street podcast Come on people help us out here. Man, we went a little over, so we're going to we're going to skip the the write-ins and the the submissions on on questions asked and we'll get right back on it next week.
Speaker 2:All right guys. Thank you so much. Appreciate it.
Speaker 1:Bill, appreciate it.