We always hear about tax strategies to save us money. But are there strategies that certain groups are teaching about that you should avoid? Chris Miles addresses two specific tax strategies that will create more problems than tax savings, and potentially create a painful IRS audit. Disclaimer: The host is not a CPA and… Continue reading Creative Tax Strategies You SHOULDN’T Use | 687
Category: Blog and Podcasts
How Purpose And Legacy Speed Up Results With Brian Fouts | 686
You want to build wealth so you can get out of the pointless daily grind. You want to build a dream life for yourself and your family. You want to build a legacy that even your grandchildren can be proud of. But where do you start? And more importantly, how do you achieve results… Continue reading How Purpose And Legacy Speed Up Results With Brian Fouts | 686
The Unpopular Benefit Of Life Insurance | 685
We’ve talked about the living benefits of using life insurance for infinite banking, such as saving, investing, and more. But what’s the part that many ignore that also allows you to spend more money while you’re alive, yet still pass on wealth from generation to generation? Find out how Chris Miles was able to… Continue reading The Unpopular Benefit Of Life Insurance | 685
How To Make Money In Real Estate When Prices Drop With Ryan Weimer | 684
Is it even possible to make money in real estate investing when prices decline? How can you protect your investment when real estate prices come down? Should you look to invest outside of the United States? Our guest and real estate investor, Ryan Weimer, shares how he feels at peace, despite home values. Ryan… Continue reading How To Make Money In Real Estate When Prices Drop With Ryan Weimer | 684
Why Our Clients Don’t Like Using Annuities | 683
Have you considered setting up an annuity for your retirement? Do you already have one? In this episode, Chris Miles will share why his clients pass on annuities to invest in something much better. Find out what that is! — Watch the episode here Listen to the podcast here Why Our Clients… Continue reading Why Our Clients Don’t Like Using Annuities | 683
What Are The Pros And Cons Of A Solo 401k With Daniel Blue | 682
Have you ever heard of a solo 401k? When does it make sense to use one? Are there any times when you shouldn’t use it? Chris Miles welcomes this episode’s guest to help us strategize where you can place your money. Today, Daniel Blue, Owner of Quest Education, reveals the good, the bad, and the… Continue reading What Are The Pros And Cons Of A Solo 401k With Daniel Blue | 682
Tax Reduction Strategies For Cashing Out Your IRA | 681
Are you wondering whether you should cash out an old 401(k) or IRA? Is your #1 worry taxes? Could there be ways to reduce taxes so you keep more of that money to invest? In this episode, Chris Miles shares strategies that some of his clients have used to reduce taxes when cashing out their… Continue reading Tax Reduction Strategies For Cashing Out Your IRA | 681
Leveraging Life Insurance For Financial Freedom And Legacy With Jim Rachor | 680
Our last episode discussed using life insurance to create more cash flow. But what are other ways that you can use it to invest, or even set up your own family legacy plan? Our guest, Jim Rachor, shares how he has used his policies to not only invest, but to create wealth for many generations… Continue reading Leveraging Life Insurance For Financial Freedom And Legacy With Jim Rachor | 680
How Can Life Insurance Increase Your Cash Flow? | 679
Everyone knows that life insurance provides a death benefit. Fewer know that you can use it to supplement your retirement. But did you realize you can use life insurance to increase your passive income THIS year? Chris Miles shares how you can essentially “have your cake and eat it too” by using life insurance… Continue reading How Can Life Insurance Increase Your Cash Flow? | 679
Is The Current Real Estate Market Doomed? | 678
With rising interest rates and rumors of a recession coming in 2023, how safe is it to jump into real estate next year? Sure, some real estate prices are coming back down in some areas, but are we going to see a repeat of 2008? Are there still ways to make money in real… Continue reading Is The Current Real Estate Market Doomed? | 678