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Rob Luna

Rob Luna

๐Ÿ‘ค Speaker
1383 total appearances

Appearances Over Time

Podcast Appearances

The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class

Tax-free.

The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class

Wow.

The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class

As long as it's structured that way, the first 15 million, there's some caveats around there, but it's not really that difficult.

The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class

The main thing is before you start making money or you have some other entity set up, it has to be structured the right way from the beginning.

The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class

You have to hold it for five years.

The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class

Now, I think after two years, it's like 50% tax-free, but at five years, 100% of that is tax-free.

The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class

And that's huge for small businesses, right?

The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class

Versus giving...

The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class

20% of that to the government plus whatever your state is.

The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class

So if you're in California, 34% of that go to them.

The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class

If you're in California, even,

The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class

You'd have to pay the California tax, but the federal on that is zero.

The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class

You pay zero federal tax on that.

The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class

So that's something a lot of people don't know.

The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class

The other one that I just want to hit on is R&D credits have been restored back.

The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class

Now, R&D credit's a little bit more complex, but every business, your business, my business, all has research and development.

The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class

We're trying to expand new products, especially with AI.

The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class

We're trying to see how can we use AI to create new processes or procedures.

The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class

And so there's some metrics that need to be

The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class

So if you talk to your CPA, a qualified team, we're doing it.