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Creative Capital

Creative Capital Podcast 236: The Three β€œB’s” of Success: Business, Banking, & Bookkeeping with Ben Day

Creative Capital

Josh Ferrari

Investing, Business

5 β€’ 1.1K Ratings

πŸ—“οΈ 3 February 2023

⏱️ 59 minutes

🧾️ Download transcript

Summary

This week Josh sits down with Ben Day to discuss all things bookkeeping. Ben gives us some insight on some top software/technology to help automate investors' accounting, the importance of good bookkeeping, how to lower your tax bill and more!
How to connect with Ben:
How to connect with Josh:
Ferrari Capital - https://ferraricapital.com/

Creative Capital is made possible in part by our sponsors.
InvestNext is a comprehensive, instititutional grade software solution for real estate syndications that allows you to effectively and efficiently manage all phases of your real estate venture. To get started, visit https://www.investnext.com/ and use code Creative Capital for 25% off your first three months.

Transcript

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0:00.0

You're listening to the Creative Capital Podcast.

0:08.1

You're dying to learn about how you can create wealth in real estate investing, then you

0:11.6

come to the right place.

0:13.7

Join in every week as we go over the ends and outs of real estate investing and learn

0:18.2

how you too can become financially free.

0:23.9

Generally, the first thing you want to do is you want to shop your lenders always.

0:29.4

There's always going to be a lenders somewhere that knows more about what you have going

0:32.5

on than the next guy.

0:35.3

That's really the first really good piece of advice that I can give ever.

0:39.8

One of my good friends, I've spent years networking with this guy.

0:43.6

We were in coaching together.

0:45.1

He likes to say that the best loan is the one that closes.

0:50.9

Especially now when Linux is getting a little weird, I couldn't agree more with that statement.

0:56.0

What's going on, everybody?

0:57.0

This is Josh Ferrari, host of the Creative Capital Podcast, talking about something that's

1:03.0

probably on everyone's minds right now, which, of course, is taxes, bookkeeping, banking,

1:10.1

and just share business in general, making sure that you get all your ducks in a row here

1:15.1

as we quickly approach taxis and making sure that you get everything filed and, of course,

1:21.0

don't have to pay taxes.

1:22.2

We talk about a lot of creative strategies to actually get out of having to pay taxes.

1:27.0

You know, the differences between business expenses and non-business expenses, what you

1:30.9

can quantify, what you can't, some different creative ways hiring here.

...

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