Wealth Game

Wealth Game

Hosted by: Brent Bement, CPA

Ever wondered why the "wealthy" pay such a low tax rate? Grow your wealth through smart investments, and keep more of your wealth by reducing your taxes. Hosted by Brent Bement, CPA, CVA: Real estate investor and...

All Episodes

Episodes

29 - Itemized Deduction Bunching Strategy

Learn about the difference between itemized deductions and the "Standard Deduction", and how you can pay multiple years of charitable donations in one year to maximize the tax savings. Thank you for listening to...
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28 - How do tax brackets work - Our tiered tax bracket system

How our tax bracket system in the US works. Does making $1 more than your current tax bracket mess things up for you? (probably not) This episode explains why and how they work. Thank you for listening to another...
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27 - Hiring your spouse

Discussing some pros and cons of hiring your spouse. Tax benefits, impact on social security, and some tax free ways to have your corporation reimburse them tax free. Thank you for listening to another episode of...
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26 - Personal loan or commercial loan for short term rental property

Discussing different types of loans when buying short term rental / vacation home property that's used as a rental property. Thank you for listening to another episode of Wealth Game podcast. The goal is to get...
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25 - Muni bond investments - invest right and get tax free growth

Learn about the investment and tax benefits of investing in municipal bonds.
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24 - Multiply your tax deductions with leverage + a crypto mining rig example

Go through an example of using "leverage" / debt to multiply your tax deductions. We go through an example with buying crypto mining rigs and how $10,000 of cash used to leverage and buy business assets could get you...
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23 - $10,000 Student Loan forgiveness - hack to get around the income limit

If you have a student loan, there's a chance you can have up to $10,000 written off by the government. There's an issue if you make too much money though. This episode some of today's news about the government...
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22 - ERC credits - how to claim the $26,000 per employee credit, and their tax impact

What the ERC credits are, how to get the $26,000 per employee, and how you might qualify as a business owner that paid employee wages during the pandemic.
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21 - Sell your crypto now - then buy it right back for taxes

Why selling your cryptocurrency and buying it right back can help you on your taxes
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20 - Holding companies and why you should have one

Why a holding company could make sense to help protect your assets, keep your information private, and give you some tax benefits
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19 - Should you own your personal home through a trust

Why owning a home through a trust may or may not make sense and what happens to your home when you die.
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18 - What entity structure should I have for my rental properties

So many options for owning real estate, and why we typically recommend to have an LLC (either solely owned or partnership LLC) instead of corporations.
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