Open Enrollment isn't just a health insurance decision — it's a tax, wealth, and protection strategy. With major updates taking effect as we move from 2025 into 2026, this year’s enrollment window is your chance to lower taxes, boost savings, and protect your family’s finances.   In this episode of The Wealth Planning Podcast, tax attorney & wealth strategist Anthony Brister explains how to take advantage of new HSA limits, self-employed premium deductions, enhanced tax credits, and plan options that could save you thousands next year.   Whether you're self-employed, a solopreneur, or choosing employer benefits — learn how to build a smart healthcare + tax plan for 2025 and beyond.   Timestamps: 0:00 — Why Open Enrollment Matters More This Year 0:20 — 2025 → 2026 Law Changes & Tax Impacts 1:03 — HSA & FSA Contribution Updates 1:40 — Gig Worker & Marketplace Deduction Rules 2:07 — Why This Year Has the Biggest Financial Leverage 2:25 — Strategy for W-2 Employees 3:07 — Strategy for Solopreneurs & Small Business Owners 4:02 — High Deductible vs Low Deductible Plans Explained 6:20 — Medical Expense Deductions & IRS Pub 502 7:28 — Hidden Tax Opportunities Most People Miss 8:34 — Final Strategy Recap + Avoiding Common Mistakes   Ready to align your open enrollment choices with your tax and wealth strategy? Schedule a Discovery Call ➜ bristertaxlaw.com   Book a 15-Minute Discovery Call with Our Team: https://calendly.com/admin-jhf8/15min   Whether you’re facing a legal challenge or need guidance with tax and estate planning, we’re here to help.   Visit Our Website for More Information: https://www.bristertaxlaw.com/   Get to Know Our Team: https://www.bristertaxlaw.com/our-team   Follow Us for Legal Tips and Updates: LinkedIn: https://www.linkedin.com/company/the-brister-law-firm-pllc/ Instagram: https://www.instagram.com/bristerlawfirm/ Facebook: https://www.facebook.com/profile.php?id=100090662891712   #OpenEnrollment2025 #TaxPlanning #WealthStrategy #HSA #FSA #SelfEmployedTaxes #SolopreneurLife #FinancialPlanning #HealthInsurance #TaxAttorney #SmallBusinessOwner #RetirementPlanning #CashFlowStrategy

If you’re building your business from home — your kitchen table, spare bedroom, or even a converted closet — you could be leaving free money on the table at tax time. In this episode of The Wealth Planning Podcast, Tax Attorney Anthony Brister breaks down how the Home Office Deduction really works, who qualifies, and how to take it the right way without fear of an audit. Learn how to document, calculate, and legally maximize this powerful small business deduction.   Timestamps: 0:00 – The truth about working from home and taxes 0:15 – Why your home space could pay you back at tax time 0:30 – The power of the home office deduction 0:55 – The biggest myth: “It’s an audit flag” 1:14 – The golden rule: regular and exclusive use 1:58 – Simplified vs. actual expense methods explained 3:18 – What the IRS really looks for: records, not targets 4:12 – Who qualifies for the home office deduction 4:39 – The S-Corp reimbursement strategy (accountable plan) 5:05 – The bottom line: make your home work for you   Don’t leave money on the table. Visit bristertaxlaw.com to schedule a free discovery call and uncover hidden deductions in your business today.   Book a 15-Minute Discovery Call with Our Team: https://calendly.com/admin-jhf8/15min   Whether you’re facing a legal challenge or need guidance with tax and estate planning, we’re here to help.   Visit Our Website for More Information: https://www.bristertaxlaw.com/   Get to Know Our Team: https://www.bristertaxlaw.com/our-team   Follow Us for Legal Tips and Updates: LinkedIn: https://www.linkedin.com/company/the-brister-law-firm-pllc/ Instagram: https://www.instagram.com/bristerlawfirm/ Facebook: https://www.facebook.com/profile.php?id=100090662891712   #HomeOfficeDeduction #TaxStrategy #SmallBusinessTaxes #WealthPlanningPodcast #TaxAttorney #EntrepreneurFinance #TaxSavings #WorkFromHome #BusinessTips #TaxPlanning #BristerLaw #EntrepreneurWealth

In this episode of The Wealth Planning Podcast, Tax Attorney and Wealth Advisor Anthony Brister breaks down one of the IRS’s best-kept secrets — the First-Time Penalty Abatement (FTA). If you’ve ever been hit with tax penalties for filing late, missing a payment, or falling behind on payroll taxes, this simple IRS provision could save you thousands. Anthony explains what the FTA is, how it works, who qualifies, and how to request it — whether you’re an individual taxpayer or a business owner. Learn how one of his clients got $14,000 in IRS penalties completely wiped out, and how you can use this same strategy to get a financial reset. 💡 Don’t give away money you don’t owe — learn how to ask for what you qualify for.   Timestamps 0:00 – Welcome to The Wealth Planning Podcast 0:19 – What is the First-Time Penalty Abatement? 0:48 – Real client story: $14,000 in penalties erased 1:44 – The IRS’s “hall pass” explained 2:40 – Why the IRS doesn’t advertise this 3:11 – Three ways to request a First-Time Abatement 4:00 – Bonus tip: Refunds after you’ve already paid 4:25 – Eligibility for individuals and businesses 4:49 – Life happens — and the IRS offers grace 5:09 – Don’t pay blindly: Check if you qualify 5:20 – Final thoughts and how The Brister Law Firm can help   If you’re facing IRS penalties, don’t pay more than you have to. 👉 Schedule a Discovery Call with The Brister Law Firm today to see if you qualify for penalty relief and to build your tax strategy for the future.   Book a 15-Minute Discovery Call with Our Team: https://calendly.com/admin-jhf8/15min   Whether you’re facing a legal challenge or need guidance with tax and estate planning, we’re here to help.   Visit Our Website for More Information: https://www.bristertaxlaw.com/   Get to Know Our Team: https://www.bristertaxlaw.com/our-team   Follow Us for Legal Tips and Updates: LinkedIn: https://www.linkedin.com/company/the-brister-law-firm-pllc/ Instagram: https://www.instagram.com/bristerlawfirm/ Facebook: https://www.facebook.com/profile.php?id=100090662891712   #TaxAttorney #WealthPlanningPodcast #IRSPenaltyRelief #TaxStrategy #FirstTimeAbatement #BusinessTaxes #TaxTips #AnthonyBrister #BristerLaw #WealthBuilding

If you’ve ever replaced a roof, HVAC, or remodeled a kitchen in your rental property, you might’ve unknowingly thrown away thousands in tax deductions — permanently. Most investors miss this strategy because they or their CPAs never make the Partial Asset Disposition (PAD) election. Once the tax year closes, you can’t amend it, and the deduction is gone forever. In this episode of The Wealth Planning Podcast with Brister Law, host Anthony Brister breaks down how PADs work, how to claim them, and how to combine them with cost segregation and bonus depreciation to legally double dip and compound wealth over time. Learn how to avoid paying taxes on “ghost” assets that don’t even exist — and make sure your CPA isn’t leaving money on the table.   Timestamps 0:00 — The tax mistake costing real estate investors thousands 0:36 — Forget flashy loopholes — this applies to everyone 1:00 — The client who owned “three roofs” on one property 2:38 — What is a Partial Asset Disposition (PAD)? 3:40 — Why most CPAs miss it (and why you can’t fix it later) 5:00 — Step-by-step: How to claim a PAD correctly 6:16 — How PADs compound wealth over decades 6:38 — The “double dip” with PAD + cost segregation 7:38 — Case study: $26K HVAC replacement turns into $9K tax savings 8:19 — Cleaning up your depreciation schedule (avoid recapture!) 9:06 — Final call: Review your 2024 return before it’s too late   If you’ve replaced a roof, HVAC, or other major component in your rental property, book a Tax Strategy Review Call at bristertaxlaw.com We’ll review your depreciation schedule, identify missed PAD opportunities, and make sure your 2024 tax return captures every dollar you’ve earned. Don’t wait — once the year closes, you can’t fix it.   Book a 15-Minute Discovery Call with Our Team: https://calendly.com/admin-jhf8/15min   Whether you’re facing a legal challenge or need guidance with tax and estate planning, we’re here to help.   Visit Our Website for More Information: https://www.bristertaxlaw.com/   Get to Know Our Team: https://www.bristertaxlaw.com/our-team   Follow Us for Legal Tips and Updates: LinkedIn: https://www.linkedin.com/company/the-brister-law-firm-pllc/ Instagram: https://www.instagram.com/bristerlawfirm/ Facebook: https://www.facebook.com/profile.php?id=100090662891712   #RealEstateTaxes #TaxStrategy #CostSegregation #PartialAssetDisposition #RealEstateInvesting #WealthPlanning #TaxAttorney #PassiveIncome #TaxSavings #BristerTaxLaw

Most business owners think their LLC protects them, but one mistake can cost you everything. In this episode of The Wealth Planning Podcast, host Anthony Brister breaks down the 5 most common mistakes that pierce the corporate veil, shares a real case where an entrepreneur lost it all, and give you the exact steps to make sure your LLC actually works. Don’t let sloppy bookkeeping, missing agreements, or poor structure put your business and personal assets at risk. If you’ve never had your LLC audited, this could be the most important 10 minutes you watch this year.   Timestamps: 0:00 – Why your LLC won’t protect you 0:20 – How personal expenses destroy your LLC protection 0:47 – Companies that vanish in court overnight 1:02 – The 5 ways your LLC fails you 1:41 – The biggest myths about LLCs 2:30 – The silent killers that pierce the veil 3:20 – Mistake #1: Commingling funds 3:45 – Mistake #2: No operating agreement 5:09 – Real case study: Jamie lost everything 6:30 – The roadmap to bulletproof your LLC 9:01 – Free entity risk assessment offer   👉 Protect your business before it’s too late. Schedule your free entity risk assessment audit today at bristertaxlaw.com or DM me the word AUDIT on Instagram.   Book a 15-Minute Discovery Call with Our Team: https://calendly.com/admin-jhf8/15min   Whether you’re facing a legal challenge or need guidance with tax and estate planning, we’re here to help.   Visit Our Website for More Information: https://www.bristertaxlaw.com/   Get to Know Our Team: https://www.bristertaxlaw.com/our-team   Follow Us for Legal Tips and Updates: LinkedIn: https://www.linkedin.com/company/the-brister-law-firm-pllc/ Instagram: https://www.instagram.com/bristerlawfirm/ Facebook: https://www.facebook.com/profile.php?id=100090662891712   #LLCprotection #piercethecorporateveil #LLClawsuit #S-Corpmistakes #businessstructure #assetprotection #howtoprotectyourbusiness #legalzoomLLC #holdingcompany #businesslawsuit #LLCstrategy #businessownerlegaladvice

October 15th isn’t just another date on the calendar—it’s the final personal tax deadline if you filed an extension. In this episode of The Wealth Planning Podcast with Brister Law, host Anthony Brister break down what you can still do (even days before) to save money, avoid penalties, and set yourself up for a stronger 2026 tax season. From penalty abatements to retirement contributions and last-minute deductions, I’ll show you the exact strategies that can put thousands back in your pocket before the IRS locks you in.   Timestamps 0:00 – Why October 15th matters0:20 – Extension trap: file vs. pay1:20 – Client story: $7K penalty wiped2:30 – Penalty abatement strategies3:00 – Retirement contributions up to $66K4:06 – Charitable giving the right way5:05 – Cleaning up business expenses6:00 – Mileage, HSA, and missed deductions7:00 – Self-employed health insurance premiums7:55 – Education credits most people miss9:00 – Don’t rush and overpay the IRS10:00 – October as a launchpad for 2026   Don’t leave money on the table. Book your tax strategy session before October 15th and take control of your tax season. DM me “Penalty” on Instagram or click the link in the description to get started.   Book a 15-Minute Discovery Call with Our Team: https://calendly.com/admin-jhf8/15min   Whether you’re facing a legal challenge or need guidance with tax and estate planning, we’re here to help.   Visit Our Website for More Information: https://www.bristertaxlaw.com/   Get to Know Our Team: https://www.bristertaxlaw.com/our-team   Follow Us for Legal Tips and Updates: LinkedIn: https://www.linkedin.com/company/the-brister-law-firm-pllc/ Instagram: https://www.instagram.com/bristerlawfirm/ Facebook: https://www.facebook.com/profile.php?id=100090662891712   #TaxDeadline #TaxPlanning #October15 #IRS #TaxStrategy #PenaltyAbatement #SmallBusinessTaxes #WealthPlanning #TaxTips #BristerLaw

Missed the September 15th business tax deadline? You’re not lazy—you’re overwhelmed. The truth is, you still have options to wipe penalties, reclaim deductions, and restructure your strategy before October 15th and even beyond. In this episode of The Wealth Planning Podcast, Attorney & Tax Strategist Anthony Brister breaks down how entrepreneurs can reset, rebuild, and take control of their financial year instead of letting the IRS call the shots.   Timestamps: 0:00 – Opening: “If you missed the 9/15 deadline for your business taxes…” 0:20 – Addressing overwhelmed entrepreneurs: “This episode is for the high performers who feel behind…” 0:49 – Talking penalties: “September 15th was a federal filing deadline…” 1:22 – Explaining why deadlines are missed: “You didn’t miss a deadline because you’re careless…” 2:01 – First-time penalty abatement: “If the answer is no, then congratulations…” 2:45 – Opportunities before Oct 15: “From now until October 15th, the tax return is moldable…” 3:49 – Proactive tax planning: “You need to be proactive, not reactive…” 4:39 – Client success story: “I had a dentist come to me with a profitable practice…” 5:46 – IRS clock and opportunity: “You wouldn’t wait until the final minute to invest in your business…” 6:15 – CTA: “Book now at bristertaxlaw.com…”   Don’t wait—book your Discovery Call and let’s build a strategy before the year closes!   Book a 15-Minute Discovery Call with Our Team: https://calendly.com/admin-jhf8/15min   Whether you’re facing a legal challenge or need guidance with tax and estate planning, we’re here to help.   Visit Our Website for More Information: https://www.bristertaxlaw.com/   Get to Know Our Team: https://www.bristertaxlaw.com/our-team   Follow Us for Legal Tips and Updates: LinkedIn: https://www.linkedin.com/company/the-brister-law-firm-pllc/ Instagram: https://www.instagram.com/bristerlawfirm/ Facebook: https://www.facebook.com/profile.php?id=100090662891712   #TaxStrategy #BusinessTaxes #EntrepreneurFinance #MissedDeadline #TaxPlanning #SmallBusinessTips #WealthBuilding #IRSHelp #MoneyMoves #TaxRelief #TaxDeadlines

Are you profitable on paper but broke in real life? You’re not alone. In this episode of the Wealth Planning Podcast, Anthony Brister breaks down why your P&L doesn’t tell the whole story, why cash flow is king, and how to fix the money leaks in your business. Learn how to track surplus, pay yourself first, build reserves, and finally take control of your finances so your hard work actually shows up in your bank account.   Timestamps:0:00 – Why profit doesn’t equal money in the bank0:53 – The myth of being “profitable on paper”1:27 – Where your money really goes (and why it feels missing)2:18 – The real issue: broken money systems, not a broken business2:57 – Profit is a number, wealth is behavior3:45 – The debt snowball: building momentum through wins4:39 – Client story: $300K income, $1,500 in the bank → $18K buffer5:05 – Why net worth is your real scorecard5:24 – Stop scaling income before fixing the leaks6:02 – Action list: cash flow forecast, personal financial statement, and paying yourself   DM me broketobuilt on Instagram to grab my free cash flow template and personal financial statement builder. Or join my email list at bristertaxlaw.com for weekly strategies that actually move the needle.   Book a 15-Minute Discovery Call with Our Team: https://calendly.com/admin-jhf8/15min   Whether you’re facing a legal challenge or need guidance with tax and estate planning, we’re here to help.   Visit Our Website for More Information: https://www.bristertaxlaw.com/   Get to Know Our Team: https://www.bristertaxlaw.com/our-team   Follow Us for Legal Tips and Updates: LinkedIn: https://www.linkedin.com/company/the-brister-law-firm-pllc/ Instagram: https://www.instagram.com/bristerlawfirm/ Facebook: https://www.facebook.com/profile.php?id=100090662891712   #CashFlow #BusinessFinances #ProfitVsCash #EntrepreneurMoney #WealthPlanning #TaxStrategy #SmallBusinessOwner #MoneySystems #FinancialClarity

Most people think April is tax season—but by then, it’s too late. April is just filing season. True wealth is built by planning before December 31st, not scrambling with a shoebox of receipts in April. In this episode of The Wealth Planning Podcast, Anthony Brister, tax and asset protection attorney, breaks down why wealthy people plan early, the costly mistakes of waiting, and how proactive strategies like cost segregation, Roth conversions, and proper entity structuring can save you tens of thousands of dollars. Don’t wait until the IRS tells you how much you owe. Take control, play offense, and keep more of what you earn.   Timestamps 0:00 – The biggest tax planning question: When do the wealthy plan? 0:11 – Why April is not “tax season” but filing season. 0:44 – Filing is history; planning is strategy. 1:29 – Chaos box of receipts vs. proactive digital planning. 2:14 – The dangers of waiting: lost deductions and missed strategies. 3:00 – Filing ≠ planning: why April planning fails. 3:41 – Procrastination is a hidden tax. 4:01 – Case study: two clients, same income—$30K tax swing. 5:58 – April is for amateurs; December is for professionals. 7:03 – Why the IRS loves procrastinators (and how to stop funding them).   Book a 15-Minute Discovery Call with Our Team: https://calendly.com/admin-jhf8/15min   Whether you’re facing a legal challenge or need guidance with tax and estate planning, we’re here to help.   Visit Our Website for More Information: https://www.bristertaxlaw.com/   Get to Know Our Team: https://www.bristertaxlaw.com/our-team   Follow Us for Legal Tips and Updates: LinkedIn: https://www.linkedin.com/company/the-brister-law-firm-pllc/ Instagram: https://www.instagram.com/bristerlawfirm/ Facebook: https://www.facebook.com/profile.php?id=100090662891712   👉 Don’t wait until April. Schedule your free discovery call today at bristertaxlaw.com and learn how proactive tax planning can save you thousands. April is for paperwork. Now is for planning.   #TaxPlanning #BusinessOwners #TaxStrategy #WealthBuilding #TaxSeason #EntrepreneurTips #RealEstateInvesting #SmallBusiness #FinancialFreedom #ProactivePlanning #SaveOnTaxes #TaxAttorney

Choosing the wrong business entity could cost you six figures in taxes or lawsuits. In this episode of The Wealth Planning Podcast, Tax Attorney Anthony Brister breaks down the pros and cons of LLCs, Partnerships, S Corps, and C Corps. Learn how the right entity protects your assets, reduces taxes, and positions you for growth. Whether you’re just starting out or scaling, this guide will help you avoid costly mistakes and maximize your profits.   Timestamps: 0:00 – The cost of choosing the wrong entity 0:37 – Why entity selection matters for taxes & lawsuits 0:51 – Client story: sole proprietorship wiped out by lawsuit 1:31 – Partnerships: benefits and risks you didn’t know 2:33 – Why LLCs are the “Swiss Army knife” of entities 3:31 – Common myth: LLCs don’t save taxes by themselves 4:16 – S Corps: the tax loophole that saves thousands 5:33 – C Corps: when they make sense and when they don’t 6:47 – Matching the right entity to your income & goals 8:01 – Busting myths about LLCs, S Corps, and C Corps   Book a 15-Minute Discovery Call with Our Team: https://calendly.com/admin-jhf8/15min   Whether you’re facing a legal challenge or need guidance with tax and estate planning, we’re here to help.   Visit Our Website for More Information: https://www.bristertaxlaw.com/ Get to Know Our Team: https://www.bristertaxlaw.com/our-team   Follow Us for Legal Tips and Updates: LinkedIn: https://www.linkedin.com/company/the-brister-law-firm-pllc/ Instagram: https://www.instagram.com/bristerlawfirm/ Facebook: https://www.facebook.com/profile.php?id=100090662891712   #BusinessEntity #LLC #SCorp #CCorp #SmallBusinessTips #Entrepreneurship #BusinessLaw #TaxStrategy #AssetProtection #AnthonyBrister

September 15th isn’t just another date—it’s the real tax deadline that can save (or cost) business owners thousands. In this episode of The Wealth Planning Podcast, Anthony Brister, founder of The Brister Law Firm, reveals the 5 critical tax strategies you need to implement before the deadline. From cleaning up messy books to optimizing S-Corp salaries, adjusting estimated payments, and leveraging retirement contributions, this is your step-by-step playbook to legally keep more money in your pocket. Don’t let procrastination turn into regret—the IRS doesn’t wait.   Timestamps: 0:00 – The September 16th nightmare: unexpected tax bill 1:19 – Why September 15th is more important than April 15th 2:05 – Mistake #1: Messy or incomplete books 3:59 – Strategic buying vs. panic spending for deductions 5:33 – Mistake #2: Wrong S-Corp salaries (and how to fix them) 6:12 – Mistake #3: Ignoring estimated tax payments 6:43 – Mistake #4: Filing without a pro review (hidden savings missed) 7:13 – The QBI deduction and payroll/retirement strategies 7:39 – Why September 15th is a tax guillotine 8:36 – Recap: The 5 moves to lock in before the deadline 8:58 – Call to action: Fix it now before regret sets in   Book a 15-Minute Discovery Call with Our Team: https://calendly.com/admin-jhf8/15min   Whether you’re facing a legal challenge or need guidance with tax and estate planning, we’re here to help.   Visit Our Website for More Information: https://www.bristertaxlaw.com/   Get to Know Our Team: https://www.bristertaxlaw.com/our-team   Follow Us for Legal Tips and Updates: LinkedIn: https://www.linkedin.com/company/the-brister-law-firm-pllc/ Instagram: https://www.instagram.com/bristerlawfirm/Facebook: https://www.facebook.com/profile.php?id=100090662891712   #TaxStrategies #September15Deadline #BusinessTaxes #WealthPlanning #TaxSavings #EntrepreneurTips #TaxPlanning #FinancialFreedom #SoleProprietor #SmallBusinessTax        

In this episode of The Wealth Planning Podcast with Brister Law, Anthony Brister breaks down two powerful tax strategies—Real Estate Professional Status (REPS) and the Short-Term Rental (STR) Loophole. He explains how each works, who qualifies, common pitfalls, and real client case studies where one strategy saved over $92,000 in taxes. Whether you’re a full-time real estate investor or a W-2 employee exploring short-term rentals, this episode will help you determine which approach best fits your situation and how to maximize tax savings without falling into IRS traps.   Timestamps: 0:00 – REPS vs. STR loophole: which is better? 0:22 – Introduction to Anthony Brister and the Wealth Planning Podcast 0:39 – Real Estate Professional Status explained 1:01 – Case study: client saves $92K in taxes without quitting their job 2:10 – Why most W-2 employees struggle with REPS 2:42 – Introduction to the Short-Term Rental loophole 3:16 – How STRs allow W-2 earners to use depreciation write-offs 4:49 – Choosing the right strategy: REPS vs. STR loophole   Book a 15-Minute Discovery Call with Our Team: https://calendly.com/admin-jhf8/15min   Whether you’re facing a legal challenge or need guidance with tax and estate planning, we’re here to help.   Visit Our Website for More Information: https://www.bristertaxlaw.com/   Get to Know Our Team: https://www.bristertaxlaw.com/our-team   Follow Us for Legal Tips and Updates: LinkedIn: https://www.linkedin.com/company/the-brister-law-firm-pllc/ Instagram: https://www.instagram.com/bristerlawfirm/ Facebook: https://www.facebook.com/profile.php?id=100090662891712   #RealEstateProfessionalStatus #ShortTermRentalLoophole #TaxStrategy #BonusDepreciation #RealEstateInvesting #PassiveIncome #TaxPlanning #WealthBuilding

Discover the Short-Term Rental Loophole — a powerful, IRS-backed tax strategy that can save high-income earners tens of thousands in taxes without quitting your job or owning dozens of properties. Tax attorney Anthony Brister breaks down exactly how it works, real client success stories, and step-by-step instructions so you can implement it before the year ends. Learn the rules, the timing, and the pitfalls to avoid so you can keep more of your hard-earned money and invest in your future.   Timestamps:1:29 – $56K Airbnb tax savings2:24 – How this loophole works (step-by-step)3:05 – Bonus depreciation: the real game-changer3:27 – Rules you must follow to qualify4:55 – Client success stories6:13 – How to execute this before year-end7:26 – More than taxes—it’s about freedom8:26- Tune in next week   Book a 15-Minute Discovery Call with Our Team: https://calendly.com/admin-jhf8/15min Whether you’re facing a legal challenge or need guidance with tax and estate planning, we’re here to help. Visit Our Website for More Information: https://www.bristertaxlaw.com/ Get to Know Our Team: https://www.bristertaxlaw.com/our-team Follow Us for Legal Tips and Updates: LinkedIn: https://www.linkedin.com/company/the-brister-law-firm-pllc/ Instagram: https://www.instagram.com/bristerlawfirm/ Facebook: https://www.facebook.com/profile.php?id=100090662891712   #ShortTermRentalLoophole #TaxStrategy #RealEstateInvesting #BonusDepreciation #AirbnbTaxTips #RealEstateTaxStrategy #WealthBuilding #PassiveIncome #TaxSavings #HighIncomeEarner

Real Estate Professional Status (REPS) is one of the most misunderstood yet powerful tax-saving strategies available to real estate investors. In this episode of the Wealth Planning Podcast, tax attorney and strategist Anthony Brister breaks down how REPS works, who qualifies, common mistakes that lead to audits, and how one couple legally saved $92,000 in federal taxes in a single year. Whether you're just starting or actively managing a portfolio, this episode is packed with critical insights. Want to see if you qualify? Schedule a free discovery call at bristertaxlaw.com and make the IRS work for you—not against you.   Timestamps: 0:00 – Why Real Estate Professional Status is a game-changer 1:11 – Meet your host, Anthony Brister 1:47 – Client case study: How a couple saved $92K in taxes 3:09 – What REPS actually allows and why it matters for high earners 4:01 – REPS qualification requirements explained 4:39 – Top mistakes that disqualify you or lead to audits 6:13 – Pros and cons of REPS status 7:01 – 5 critical mistakes that get people audited 8:18 – Why REPS could be your next financial move   Book a 15-Minute Discovery Call with Our Team: https://calendly.com/admin-jhf8/15min Whether you’re facing a legal challenge or need guidance with tax and estate planning, we’re here to help. Visit Our Website for More Information: https://www.bristertaxlaw.com/ Get to Know Our Team: https://www.bristertaxlaw.com/our-team Follow Us for Legal Tips and Updates: LinkedIn: https://www.linkedin.com/company/the-brister-law-firm-pllc/ Instagram: https://www.instagram.com/bristerlawfirm/ Facebook: https://www.facebook.com/profile.php?id=100090662891712   #RealEstateProfessionalStatus #TaxStrategy #RealEstateInvesting #REPSExplained #BonusDepreciation #PassiveIncome #TaxPlanning #WealthBuilding

In this episode of The Wealth Planning Podcast with Brister Law, host Anthony Brister invites guest Casey Franchise, a real estate investor and educator, she shares her signature C.A.K.E. method, a four-step system for starting and scaling a profitable rental portfolio without the stress and overwhelm. Learn how to choose quality markets, add value, keep properties long-term, and earn consistent income. Casey busts common myths and shows that rental investing is achievable for everyday people.   Timestamps: 0:08 Introduction to Casey Franchi and the C.A.K.E. Method 1:39 Casey's Background: From Real Estate Broker to Rental Investor 3:46 Discovering the Power of Quality Over Quantity 5:26 The Birth of the C.A.K.E. Method 5:49 Tenant Horror Story 9:51 Breaking the Lease 12:03 Returning to a Disaster 15:35 Number one person on your team as a real estate investor is your tenant 19:41 Diving Deep into the C.A.K.E. Method 25:40 Contrasting the C.A.K.E. Method with the BRRRR Method 33:07 Who is the C.A.K.E. Method Ideal For? 39:51 How to Connect with Casey and Learn More   Book a 15-Minute Discovery Call with Our Team: https://calendly.com/admin-jhf8/15min   Whether you’re facing a legal challenge or need guidance with tax and estate planning, we’re here to help.   Visit Our Website for More Information: https://www.bristertaxlaw.com/   Get to Know Our Team: https://www.bristertaxlaw.com/our-team   Follow Us for Legal Tips and Updates: LinkedIn: https://www.linkedin.com/company/the-brister-law-firm-pllc/ Instagram: https://www.instagram.com/bristerlawfirm/Facebook: https://www.facebook.com/profile.php?id=100090662891712   Where to find Casey Franchise: brickbybrickwealth.com   #PassiveIncome#RentalInvesting#RealEstateInvesting#WealthBuilding#FinancialFreedom#CAKEMethod#BrickByBrickWealth#RealEstateEducation#propertymanagement #InvestmentStrategy#TenantTips#RentalPortfolio

100% Bonus Depreciation is BACK! In this episode of The Wealth Planning Podcast with Birster Law, learn how to legally save thousands on your 2025 tax return by combining bonus depreciation with a cost segregation study. Discover real-life examples, strategies for W2 earners & real estate investors, and advanced techniques like partial asset disposition. Don't overpay on taxes – plan like a wealthy investor!Timestamps: 0:00 - Intro: Bonus Depreciation is Back! 0:28 - Bonus Depreciation & Cost Segregation Explained 1:10 - The Basics of Depreciation 1:43 - 100% Bonus Depreciation Reinstated 2:52 - The Power of Cost Segregation Studies 3:41 - How Cost Segregation Works 4:27 - Real Client Example: W2 Earner & Short-Term Rental 5:34 - Real Client Example: Dentist Turned Investor 6:24 - Why Your CPA Might Be Missing This 7:23 - Advanced Strategy: Partial Asset Disposition 8:37 - Short-Term Rental Loophole + Bonus Depreciation = Tax Savings 10:01 - How to Get Started: Book a Call & Subscribe!   Book a 15-Minute Discovery Call with Our Team: https://calendly.com/admin-jhf8/15min Whether you’re facing a legal challenge or need guidance with tax and estate planning, we’re here to help.   Visit Our Website for More Information: https://www.bristertaxlaw.com/   Get to Know Our Team: https://www.bristertaxlaw.com/our-team   Follow Us for Legal Tips and Updates: LinkedIn: https://www.linkedin.com/company/the-brister-law-firm-pllc/ Instagram: https://www.instagram.com/bristerlawfirm/ Facebook: https://www.facebook.com/profile.php?id=100090662891712   #BonusDepreciation #CostSegregation #RealEstateInvesting #TaxSavings #TaxStrategy #W2Income #ShortTermRentals #TaxTips #WealthBuilding #TaxPlanning #BristerLaw #RealEstateTax

In this episode of The Wealth Planning Podcast with Brister Law, discover how the newly reinstated 100% bonus depreciation can supercharge your real estate investments, particularly short-term rentals. Learn how to leverage cost segregation studies and the short-term rental loophole to significantly reduce your tax burden and build lasting wealth. Avoid common mistakes and maximize your savings!   Timestamps: 0:00 - Introduction: The Power of Bonus Depreciation 0:19 - Why Your Accountant Might Be Costing You Money 0:40 - Who Should Pay Attention 1:27 - Client Story: Michelle's Tax Savings 2:28 - Understanding the Short-Term Rental Loophole 2:51 - Cost Segregation Studies Explained 3:36 - 100% Bonus Depreciation in Action 3:43 - $137,000 Tax Savings 4:20 - Short-Term Rentals: An Exception to the Rules 4:39 - Avoiding Common Mistakes in Material Participation 5:38 - Real Client Example: Turning a $30k Refund into $95k 6:56 - Take Control of Your Financial Future   Book a 15-Minute Discovery Call with Our Team: https://calendly.com/admin-jhf8/15min   Whether you’re facing a legal challenge or need guidance with tax and estate planning, we’re here to help.   Visit Our Website for More Information: https://www.bristertaxlaw.com/   Get to Know Our Team: https://www.bristertaxlaw.com/our-team   Follow Us for Legal Tips and Updates: LinkedIn: https://www.linkedin.com/company/the-brister-law-firm-pllc/ Instagram: https://www.instagram.com/bristerlawfirm/ Facebook: https://www.facebook.com/profile.php?id=100090662891712   #BonusDepreciation#RealEstateInvesting#TaxSavings#ShortTermRentals#CostSegregation#TaxStrategy#WealthBuilding#RealEstateTaxes#PassiveIncome#TaxPlanning#RentalProperty#FinancialFreedom

Frustrated that your rental property losses are suspended due to your income? In this episode of The Wealth Planning Podcast with Brister Law, host Anthony Brister breaks down the IRS rules, income thresholds, and strategies high-income earners can use to still maximize tax benefits from long-term rentals. Learn how to leverage suspended losses, 1031 exchanges, and more to build wealth.   Timestamps: 0:00 - Introduction: Suspended Losses Explained 0:25 - Turning Frustration into Strategy 1:25 - Megan's Story: A Real-World Example 2:12 - Breaking Down the IRS Rules 3:19 - What Happens to Suspended Losses? 3:48 - Massive Upside for High Earners 4:48 - Utilizing 1031 Exchanges 5:01 - The Inheritance Reset 5:24 - How to Unlock Write-Offs Now 6:30 - The Real Estate Professional Status 6:56 - Harvesting Suspended Losses 7:51 - Long-Term Rentals Work if You Know the Rules   Book a 15-Minute Discovery Call with Our Team: https://calendly.com/admin-jhf8/15min Whether you’re facing a legal challenge or need guidance with tax and estate planning, we’re here to help.   Visit Our Website for More Information: https://www.bristertaxlaw.com/   Get to Know Our Team: https://www.bristertaxlaw.com/our-team   Follow Us for Legal Tips and Updates: LinkedIn: https://www.linkedin.com/company/the-brister-law-firm-pllc/ Instagram: https://www.instagram.com/bristerlawfirm/ Facebook: https://www.facebook.com/profile.php?id=100090662891712   #realestateinvesting#taxstrategy#passiveincome#rentalproperty#highincome#taxdeductions#wealthbuilding#1031exchange#taxplanning#bristertaxlaw#taxloopholes#shorttermrentals

Discover how everyday Americans are building wealth with rental real estate! The Wealth Planning Podcast with Brister Law, host Anthony Bister breaks down the four key pillars of rental real estate investing: appreciation, debt paydown, tax advantages, and cash flow. Learn how to leverage these pillars to build equity, reduce your tax burden, and create passive income, regardless of your income level. Inspired by a real-life example, this episode reveals why rental real estate remains a powerful wealth-building tool.   Timestamps: 0:13 Introduction to Wealth Planning Podcast and Topic 0:47 Meeting Joe: An Inspiring Example 1:36 The Four Pillars of Real Estate Investing 1:41 Pillar 1: Appreciation Explained 2:37 Pillar 2: Debt Paydown Explained 3:47 Pillar 3: Tax Advantages Explained 4:52 Pillar 4: Cash Flow Explained 5:37 Why Most People Miss Out on Real Estate Investing 6:56 Recap of the Four Pillars 7:44 Call to action and closing   Book a 15-Minute Discovery Call with Our Team: https://calendly.com/admin-jhf8/15min Whether you’re facing a legal challenge or need guidance with tax and estate planning, we’re here to help. Visit Our Website for More Information: https://www.bristertaxlaw.com/ Get to Know Our Team: https://www.bristertaxlaw.com/our-team   Follow Us for Legal Tips and Updates: LinkedIn: https://www.linkedin.com/company/the-brister-law-firm-pllc/ Instagram: https://www.instagram.com/bristerlawfirm/ Facebook: https://www.facebook.com/profile.php?id=100090662891712   #RealEstate #RentalProperty #Investing #WealthBuilding #PassiveIncome #TaxAdvantage #DebtPaydown #FinancialPlanning #RealEstateInvesting #BristerLaw #WealthPlanningPodcast

Is your trust actually protecting your family and legacy, or is it just a fancy document gathering dust? In this episode of the Wealth Planning Podcast with Brister Law, host Anthony Brister reveals the shocking truth about why most trusts fail and how to ensure yours works when it matters most. Learn how to avoid the "paper trap" by properly funding and maintaining your trust, aligning your business structure, and communicating your wishes to your loved ones. Discover the critical steps to rescue a broken trust and build a legacy based on intention, not assumption.   Timestamps: 0:00 - Introduction: The risk of a failed trust 0:37 - Why having a trust might not be enough 0:50 - The real reason most trusts fail 1:10 - Case study 2:14 - How life changes impact your trust 2:36 - The danger of silence and lack of communication 3:06 - Trusts are about peace of mind 3:44 - How to rescue a broken trust 4:24 - Aligning your business structure with your trust 4:50 - The importance of communicating your trust 5:22 - Would your trust actually work?   If you already have a trust, let's audit it to ensure it truly protects you. If you don't have a trust, let's build one that lives, breathes, and safeguards you and your loved ones. Book a trust review call at bristertaxlaw.com   #TrustPlanning #EstatePlanning #WealthManagement #LegacyPlanning #BristolLaw #AnthonyBruster #TaxStrategy #LegalStrategies #Podcast #FinancialPlanning