Fri, 28 June 2019
Jason Hartman talks with Kelly Alexander, founder of Great American Tax Remedy, about how Kelly has been able to avoid paying Federal income tax since 2014. Kelly's method hasn't had to hold up against an IRS audit, but she's confident that what she's doing is completely legal and can help anyone out.
[2:39] How Kelly's tax plan to avoid income taxes works
[6:17] Who else is using Kelly's technique?
[7:38] What Kelly does when she gets paid in order to avoid income tax
[17:35] How to report your income on your taxes under Kelly's format
[27:48] Why Kelly's strategy works for both state and federal taxes
Fri, 21 June 2019
Jason Hartman talks with Dr. David D Friedman, son of Milton Friedman, former professor at Santa Clara University in the Law School, and author of books such as The Machinery of Freedom: Guide to a Radical Capitalism and Law's Order: What Economics Has to Do with Law and Why It Matters. The two dissect what role the government should have in society: what it's capable of and what it need to steer clear from, while also delving into the 4 problems that need to be addressed in a feud system.
[1:47] How David's thinking is similar and different than his father's
[4:00] Can the government actually be out of everything?
[8:21] One of the mistakes that supporters of free markets make is implying that things won't ever go wrong
[11:51] Market failure is a mark for and against government
[17:43] What David learned about feud law when looking at various legal systems
[21:38] Making the tort claims transferable would make our legal system much better
Sat, 15 June 2019
Jason Hartman talks with in-house economist Thomas about how interest rates in the past 10 years have compared to one another. The two explain why interest rates can be so difficult to predict and how these past 10 years are compared to the past.
[2:53] Interest rates aren't completely unpredictable, but they're driven by things where you can't know exactly what's going on
[6:10] Interest rates back in 2010
[15:49] #5 on Thomas' list is 2017, when interest rates dipped under 4%
[20:24] 2015 makes up the #3 spot on the list with interest rates averaging 3.85%
[24:18] The #1 year for interest rates in the past decade
[28:32] Remember that real estate deals can be renegotiated
Fri, 7 June 2019
Jason Hartman and Kerry take today to look at some of the signs in our economy today that don't point toward a rosy future. But don't take that to mean the sky's falling and we're headed for a doomsday scenario, we've still got some runway left.
The two also discuss how self-management can show you things that you wouldn't have known just sticking with a property manager. You don't HAVE to self-manage, but it's important to know how to self-manage so you don't get taken advantage of by your current manager.
[1:27] There are ominous signs out there for the economy, so we'll see how much longer it can hold them off
[4:36] For the first time in a long time, Kerry is bullish on the New York real estate
[12:01] Where will the next recession come from?
[15:53] There's an urgency that you need to do something now rather than waiting around
[19:52] Why Kerry thinks Indiana has been the longest running market for Jason's company
[24:07] Utilize your tenants as your assets
[29:39] If you choose to self-manage, remember to track ALL of your expenses