4.8 • 692 Ratings
🗓️ 15 April 2020
⏱️ 19 minutes
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0:00.0 | Welcome to the Real Estate Strategies podcast. I'm Ken McRoy. Enjoy the episode. |
0:08.6 | Hey, everybody. It's Ken McRoy here, and I've got my friend Eric Freeman. Hey, Eric. |
0:13.5 | Hey, Ken. So, uh, for you guys may have seen Eric on here before. Uh, Eric's firm. He's with |
0:20.7 | it's Beach Fleshman, and he's a senior |
0:22.9 | tax advisor there. He's a CPA. He has his master's in accounting. And he basically does |
0:29.5 | our corporate and personal tax returns of which, gosh, it's got to be over 100 of a hundred of them |
0:36.3 | now, right, Eric? Yeah, keeping us very busy. |
0:38.9 | Yeah, us and many other clients, but I'm your favorite for sure. |
0:44.1 | Absolutely, Ken. |
0:45.5 | So, anyway, we meet every quarter, and, you know, tax planning is a big, big piece. |
0:51.4 | And so, Eric, thanks. |
0:53.0 | You know, I know we're, you know, right in the middle of April here. |
0:56.0 | There's a lot happening in these stimulus packages, you know, for businesses that just got nailed, |
1:02.7 | right? And, you know, so I wanted you to kind of articulate from a tax side, you know, and what's |
1:08.9 | available, because a lot of these are being handled through CPA firms like yourself, you know, and what's available, because a lot of these are being handled |
1:11.1 | through CPA firms like yourself, you know. And, you know, so let's first talk about, you know, |
1:17.8 | whether you're a business or you're self-employed or you're an independent contractor, |
1:22.6 | you know, these things are called PPP and EIDL, you know, what's your paycheck protection program and, |
1:29.3 | you know, economic injury, disaster loans. Like, you know, it's super confusing all this |
1:34.7 | money coming down. And also, if you could, you know, I'm hearing that like a lot of the banks |
1:40.5 | don't like these, you know, the federal government said, hey, you know, let's do this. |
1:44.5 | And the banks are like going, I don't know if I want to, you know, give out all this money, |
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