The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class
Interesting.
The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class
Now, there's caveats around all this stuff, so talk with your CPA and everything like that.
The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class
But these are things that people need to be aware of.
The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class
Another one I want to talk about.
The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class
Yeah, I like that.
The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class
I'd rather invest in these areas versus just give people more social programs, right?
The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class
The other thing that's really, really cool that we've talked about is for small businesses, qualified small business stocks, I think it's section 1202, you can set up a C corp today.
The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class
So, hey, you're gonna start a new business.
The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class
I talked about, hey, I think there's huge opportunities in plumbing and HVAC and dog care and all these things, right?
The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class
To get in there, work your ass off scale, under promise, over deliver, and you can build real businesses today.
The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class
Well, the cool thing is,
The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class
Again, this is why knowledge is power.
The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class
If you set that today up in the right structure, it has to be a C-corp.
The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class
Again, talk to your CPA about it.
The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class
You can set up this company.
The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class
If you hold it for five years, so you set it up today, you put $10,000 to get it started.
The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class
In five years, you build up this great landscaping business, you build up this great pest control business, or this mobile dog grooming business, or fencing business, whatever it is, you get offered by somebody, and I think there's gonna be a lot of M&A, mergers and acquisitions, people buying businesses going on in the next five years.
The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class
You build it up to a $15 million asset, $10 million asset, $5 million asset.
The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class
Anything up to $15 million is tax-free.
The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class
What?