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Brian Boyd

๐Ÿ‘ค Speaker
503 total appearances

Appearances Over Time

Podcast Appearances

Wake Up to Wealth
Maximize Wealth: Inside Tips from Tax Attorney Brian Boyd

If the dog gets hurt, we take them to the vet.

Wake Up to Wealth
Maximize Wealth: Inside Tips from Tax Attorney Brian Boyd

We pay the bill.

Wake Up to Wealth
Maximize Wealth: Inside Tips from Tax Attorney Brian Boyd

We don't think about it.

Wake Up to Wealth
Maximize Wealth: Inside Tips from Tax Attorney Brian Boyd

And those are businesses you can invest in that there is no limit.

Wake Up to Wealth
Maximize Wealth: Inside Tips from Tax Attorney Brian Boyd

Daycare centers, there's no limit.

Wake Up to Wealth
Maximize Wealth: Inside Tips from Tax Attorney Brian Boyd

anything your kid needs, there's no limit.

Wake Up to Wealth
Maximize Wealth: Inside Tips from Tax Attorney Brian Boyd

You don't budget for it.

Wake Up to Wealth
Maximize Wealth: Inside Tips from Tax Attorney Brian Boyd

You just like, this is what we have to do.

Wake Up to Wealth
Maximize Wealth: Inside Tips from Tax Attorney Brian Boyd

And, you know, if people would look at businesses like that, being a passive investor in some of those businesses, it's a great plan.

Wake Up to Wealth
Maximize Wealth: Inside Tips from Tax Attorney Brian Boyd

And the returns are really good.

Wake Up to Wealth
Maximize Wealth: Inside Tips from Tax Attorney Brian Boyd

I know private equity has been buying up vet practices, daycare centers,

Wake Up to Wealth
Maximize Wealth: Inside Tips from Tax Attorney Brian Boyd

Dog parks, interestingly enough.

Wake Up to Wealth
Maximize Wealth: Inside Tips from Tax Attorney Brian Boyd

I mean, it's crazy.

Wake Up to Wealth
Maximize Wealth: Inside Tips from Tax Attorney Brian Boyd

Grooming facilities, they buy them up and they love them because there's no cap on what somebody will spend.

Wake Up to Wealth
Maximize Wealth: Inside Tips from Tax Attorney Brian Boyd

So if you're on the other side of that, you're owning the business.

Wake Up to Wealth
Maximize Wealth: Inside Tips from Tax Attorney Brian Boyd

It's a great play.

Wake Up to Wealth
Maximize Wealth: Inside Tips from Tax Attorney Brian Boyd

And that is also, going back to the tax conversation, you get the deductions, you get the cash flow.

Wake Up to Wealth
Maximize Wealth: Inside Tips from Tax Attorney Brian Boyd

It's a great way to grow wealth.

Wake Up to Wealth
Maximize Wealth: Inside Tips from Tax Attorney Brian Boyd

Yeah, so it really determines, are you a business owner and get a K1, or you have passed through treatment onto a Schedule C on your 1040, or are you a W-2?

Wake Up to Wealth
Maximize Wealth: Inside Tips from Tax Attorney Brian Boyd

All right, so if you're a business owner, I would say the low-hanging fruit that