Taxes can be overwhelming, but write-offs can help you save big.

In this episode, Camilla Jeffs sits down with tax expert Barbara Schreihans to discuss strategies for maximizing write-offs and optimizing tax savings.

Barbara emphasizes the importance of choosing the right business structure, such as an LLC or S Corporation, to ensure that you're taking advantage of every available tax benefit. She also explores how to maximize home office and vehicle expense deductions, and how to write off business trips.

She also cautions against premature property gifting, as well as the potential tax benefits of including your children in your family business.

Don't miss out on these valuable tax tips! Listen to the latest episode of Quiet Wealth now, and don't forget to share with friends and family. Be sure to subscribe for future episodes on money management, entrepreneurship, and more.

In this episode, we talk about:
• The importance of business structure in tax implications
• Maximizing deductions for home offices, vehicle expenses, and business travel
• Leveraging additional spaces within the home for home office deductions
• Considerations for purchasing or leasing vehicles for business use
• Writing off business travel expenses
• Tax implications of gifting real estate to children
• Contributing to a Roth IRA for your kids

Resources:

NerdWallet - https://www.nerdwallet.com/

Write Off Your Life - https://yourtaxcoach.com/write-off-your-life

Write Off Your Real Estate - https://yourtaxcoach.com/write-off-your-real-estate

Minted Wealth Live - https://www.mintedwealthcollective.com/minted-wealth-live

Connect with Barbara Schreihans

Your Tax Coach - https://yourtaxcoach.com/

Your Tax Coach LinkedIn - https://www.linkedin.com/company/your-tax-coach/

Tax Strategies for Business Owners Facebook Group - https://www.facebook.com/groups/266561378659270

LinkedIn - https://www.linkedin.com/in/barbara-schreihans/

TikTok - https://www.tiktok.com/@your.tax.coach

Instagram - https://www.instagram.com/yourtaxcoach/

YouTube - https://www.youtube.com/channel/UCP27A8bBgRnD1y6-qJ6s2dA

Life Changing Money Podcast - https://life-changing-money-with-barbara-schreihans.simplecast.com/

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Are you ready to try passive investing in real estate? Get access to my FREE Passive Investing Masterclass!

https://steadystreaminvestments.com/masterclass/

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https://www.youtube.com/channel/UC2MFOVyPWo0XD0QVJxgDxbQ

https://www.linkedin.com/company/steady-stream-investments

What does wealth truly mean?

In this episode of the Quiet Wealth podcast, Camilla Jeffs sat down with Alecia St. Germain to explore how true wealth goes beyond mere financial status and uncover the transformative power of things like self-acceptance and mindset in building prosperity.

From the challenges of balancing ambition with finding joy in life's small moments, to the importance of being a compassionate leader and the negative effects a control mentality can have on wealth accumulation, this conversation is chock full of insights and inspiration for those seeking to create true wealth in their lives.

To gain a fresh perspective on wealth and its multidimensional nature, tune in to thisepisode now. Don't forget to share it with others and subscribe to the Quiet Wealth podcast for more empowering discussions like this one.

In this episode, we talk about:
• The importance of self-acceptance
• Impact of control mentality on wealth building
• Finding joy in the journey of personal and financial growth
• Significance of mindset and self-awareness in wealth building
• Being a compassionate leader
• Broader definition of wealth beyond financial freedom
• Embracing discomfort and finding joy in challenging situations
• Balancing ambition with finding joy in the small moments

Connect with Alecia St. Germain
The Conscious Edge - https://consciousedge.com/

LinkedIn - https://www.linkedin.com/in/alecia-st-germain-680b555/

Instagram - https://www.instagram.com/aleciastg/

Facebook - https://www.facebook.com/alecia.stgermain/

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Are you ready to try passive investing in real estate? Get access to my FREE Passive Investing Masterclass!

https://steadystreaminvestments.com/masterclass/

Follow us at

https://www.facebook.com/steadystreaminvestments

https://www.instagram.com/quietwealthcommunity/

https://www.tiktok.com/@quietwealth

https://www.youtube.com/channel/UC2MFOVyPWo0XD0QVJxgDxbQ

https://www.linkedin.com/company/steady-stream-investments

Money is a powerful tool that can shape our lives in profound ways. In the latest episode of the Quiet Wealth podcast, hosted by Camilla Jeffs, we explore the realm of money and its impact on our daily lives with Dr. Darla Bishop.

Dr. Bishop shares her strategies for financial empowerment, emphasizing the importance of understanding and taking control of our finances. She highlights the power of language in finance, demonstrating how our choice of words can greatly impact our financial decisions. By reframing our thoughts and beliefs about money, we can transform our relationship with it and make wiser choices.

Another key topic discussed is aligning our spending with our values. Dr. Bishop explains how our financial choices have the potential to shape not only our personal lives but also the world around us. By consciously aligning our spending habits with our values, we can create positive change and live a more purposeful life.

Lastly, Dr. Bishop offers valuable tips for parents in guiding their college-age children toward financial independence. She discusses the importance of teaching financial literacy and empowering young adults to make informed financial decisions that will set them up for success in the long run.

Listen to this episode of the Quiet Wealth podcast with Dr. Darla Bishop to gain valuable insights into the world of money and how it impacts our lives.

Share this episode with your friends and family, and don't forget to subscribe to the podcast for more thought-provoking discussions on personal finance and wealth creation.

In this episode, we talk about:
• Who Dr. Darla Bishop is
• Strategies for managing money and shifting mindset around finances
• Understanding financial beliefs and behaviors
• How language shapes our financial mindset
• Dr. Bishop's book "How to Afford Everything"
• Investing, building a business, and generational wealth
• Aligning values with financial goals in career choices
• Instilling positive money messages in children and preparing them for financial independence

Resources:

How to Afford Everything by Dr. Darla Bishop - https://www.amazon.com/How-Afford-Everything-Darla-Bishop/dp/B0CQDCLJ17

FinanSIS Podcast - https://darlabishop.com/finansis-podcast/

Connect with Dr. Darla Bishop

Website - https://darlabishop.com/

LinkedIn - https://www.linkedin.com/in/darlabishop/

Instagram -https://www.instagram.com/my_finansis/

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Are you ready to try passive investing in real estate? Get access to my FREE Passive Investing Masterclass!

https://steadystreaminvestments.com/masterclass/

Follow us at

https://www.facebook.com/steadystreaminvestments

https://www.instagram.com/quietwealthcommunity/

https://www.tiktok.com/@quietwealth

https://www.youtube.com/channel/UC2MFOVyPWo0XD0QVJxgDxbQ

https://www.linkedin.com/company/steady-stream-investments

Taxes are a significant consideration for business owners, and in the latest episode of the Quiet Wealth podcast, hosted by Camilla Jeffs, tax experts Melissa and Eric Broughton join the discussion to share valuable insights on tax strategies for business owners.

In this episode, Melissa and Eric dive into important topics such as the tax benefits of owning a business, including the often-overlooked Augusta Rule and the potential tax advantages of hiring one's own children. Additionally, they shed light on the difference between tax preparers and tax strategists, emphasizing the crucial role of the latter in maximizing tax savings and long-term financial planning.

The conversation also underscores the importance of diligent financial tracking for business owners and the significant impact it can have on optimizing tax strategies.

To grasp the full depth of this impactful conversation and gain a competitive edge in navigating the complexities of business taxes, listeners are encouraged to tune in to the latest episode. Don't miss out on this opportunity to gain valuable insights, share the episode with fellow business owners, and ensure you never miss an episode by subscribing to the Quiet Wealth podcast.

In this episode, we talk about:
• Melissa and Eric Broughton's journey to business ownership
• Tax strategies for business owners
• Importance of owning a business for tax advantages
• Augusta Rule or the 14-day rental rule for business owners
• Strategy of hiring kids for tax benefits
• Advice on not being deterred by potential red flags or audits
• Importance of working with a tax professional outside of tax season
• Difference between a tax preparer and a tax strategist\
• Benefits of proactive tax planning and staying on top of finances
• Importance of updating business plans annually and seeking professional advice

Connect with Melissa and Eric Broughton

Busy Bee Advisors - https://busybeeadvisors.com/

LinkedIn - https://www.linkedin.com/company/busy-bee-advisors/

Melissa Broughton on LinkedIn - https://www.linkedin.com/in/melissa-broughton-baa3ab77/

Eric Broughton on LinkedIn - https://www.linkedin.com/in/eric-broughton-874b0119a/

Facebook - https://www.facebook.com/SacramentoBookkeeping/

Instagram - https://www.instagram.com/busybeeadvisors/

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Are you ready to try passive investing in real estate? Get access to my FREE Passive Investing Masterclass!

https://steadystreaminvestments.com/masterclass/

Follow us at

https://www.facebook.com/steadystreaminvestments

https://www.instagram.com/quietwealthcommunity/

https://www.tiktok.com/@quietwealth

https://www.youtube.com/channel/UC2MFOVyPWo0XD0QVJxgDxbQ

https://www.linkedin.com/company/steady-stream-investments

Introverts may not be known for their outgoingness, but when it comes to real estate investing, they have what it takes to succeed.

In the latest episode of the Quiet Wealth podcast, host Camilla Jeffs dispels the myth that introverts can't excel in this field. The episode features a skeptic's view of the introvert's ability to excel, along with six strategies for introverted investors.

Camilla also discusses the unique qualities that introverts bring to the table, such as deep thinking skills, attention to detail, and a preference for building deep relationships with others.

If you are an introvert who wants to succeed in real estate investing, then this episode is a must-listen. Tune in to learn how to leverage your strengths and build a thriving investment portfolio.

Don't forget to share this episode with your friends and subscribe to the Quiet Wealth podcast for more great content.

In this episode, we talk about:
• The misconception that introverts cannot be successful in real estate investing
• Six strategies for introverts to thrive in real estate investing
• Embracing strengths
• Leveraging technology
• Focusing on relationships
• Developing a niche
• Prioritizing self-care and mindfulness
• Building deep and meaningful relationships
• Benefits of group investments for introverted investors

Resources:
The Mind's Journal - https://themindsjournal.com/best-quotes/introvertquotes/

Carl Sandburg - https://en.wikipedia.org/wiki/Carl_Sandburg

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Shout out to my podcast manager, Abby! If you're ready to take your podcast to the next level, contact her today productions@abbyguaki.com.

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Prime Time Wealth Academy - https://camillajeffs.thinkific.com/courses/prime-time-wealth-academy

Prime Time Wealth Academy YouTube Channel - https://www.youtube.com/channel/UCJYjXBtQnNKeXSrhMIaRgGQ

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Are you ready to try passive investing in real estate? Get access to my FREE Passive Investing Masterclass!

https://steadystreaminvestments.com/masterclass/

Follow us at

https://www.facebook.com/steadystreaminvestments

https://www.instagram.com/quietwealthcommunity/

https://www.tiktok.com/@quietwealth

https://www.youtube.com/channel/UC2MFOVyPWo0XD0QVJxgDxbQ

https://www.linkedin.com/company/steady-stream-investments

Introverts have unique strengths when it comes to investing.

In the latest episode of the Quiet Wealth podcast, we delve into the world of investing strategies tailored specifically for introverts.

Join us as we explore the benefits of research-driven investing, where data and analysis guide your financial decisions for optimal results.

Discover how adopting a long-term perspective can build wealth steadily and weather market fluctuations.

Understand the importance of diversification, and spreading your investments across different asset classes to minimize risk.

Learn how to create passive income streams that suit your introverted nature, allowing you to earn money in a way that aligns with your preferences.

Finally, uncover the value of selective engagement, empowering introverts to navigate the investment world on their own terms.

Don't miss out! Tune in to this episode to gain valuable insights and strategies tailored for introverts.

Remember to share this episode with fellow introverts and subscribe to the Quiet Wealth podcast for more valuable content.

In this episode, we talk about:
• Camila's insights on introverted investing and her personal experience as an introverted investor
• Research-driven investing and thorough analysis of potential investments
• Long-term perspective and the power of compounding returns
• Diversification of investment capital across a portfolio
• Generating passive income streams aligned with an introverted nature
• Selective engagement and finding a balance for introverted investors
• Honoring introverted nature while achieving financial success

Resource:
Episode 124: Building 6 Passive Income Streams for Quiet Souls - https://podcasts.apple.com/us/podcast/building-6-passive-income-streams-for-quiet-souls-episode/id1642393158?i=1000652120273

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Shout out to my podcast manager, Abby! If you're ready to take your podcast to the next level, contact her today productions@abbyguaki.com.

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Prime Time Wealth Academy - https://camillajeffs.thinkific.com/courses/prime-time-wealth-academy

Prime Time Wealth Academy YouTube Channel - https://www.youtube.com/channel/UCJYjXBtQnNKeXSrhMIaRgGQ

===

Are you ready to try passive investing in real estate? Get access to my FREE Passive Investing Masterclass!

https://steadystreaminvestments.com/masterclass/

Follow us at

https://www.facebook.com/steadystreaminvestments

https://www.instagram.com/quietwealthcommunity/

https://www.tiktok.com/@quietwealth

https://www.youtube.com/channel/UC2MFOVyPWo0XD0QVJxgDxbQ

https://www.linkedin.com/company/steady-stream-investments

Introverts are a force to be reckoned with.

In this episode of Quiet Wealth, hosted by Camilla Jeffs, we shine a spotlight on introverts and uncover the incredible potential they possess in generating passive income streams.

Join us as we explore six compelling passive income streams tailor-made for introverts, including investing in dividend stocks, creating digital products, affiliate marketing, and more. Discover how you can leverage your unique strengths as an introvert to build income streams that work for you even when you're not actively working.

We also delve into the incredible superpowers of introverted traits that can be harnessed to your advantage. Learn how introverts excel in areas such as research, analysis, and building deep connections, all of which can be utilized to create passive income streams tailored to your strengths and comfort zone.

Listen and be inspired to take action today!

Remember to share this episode with your fellow introverts and subscribe to the Quiet Wealth podcast for more valuable insights on achieving financial freedom and creating a life of quiet wealth.


In this episode, we talk about:
• The concept of passive income
• Strategies tailored to introverts for creating sustainable sources of income
• The definition and appeal of passive income to introverts
• Types of passive income streams suitable for introverts
•Camilla's personal experiences and insights on each type of passive income stream
• Strategies for success in building passive income streams
• Leveraging introverted traits for success
• Automating and delegating tasks
• Diversifying the investment portfolio
• Empowering introverts to pursue passive income opportunities

Resources:
Kids and Cash Course - https://camillajeffs.com/kids-and-cash/

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Shout out to my podcast manager, Abby! If you're ready to take your podcast to the next level, contact her today productions@abbyguaki.com.

===

Prime Time Wealth Academy - https://camillajeffs.thinkific.com/courses/prime-time-wealth-academy

Prime Time Wealth Academy YouTube Channel - https://www.youtube.com/channel/UCJYjXBtQnNKeXSrhMIaRgGQ

===

Are you ready to try passive investing in real estate? Get access to my FREE Passive Investing Masterclass!

https://steadystreaminvestments.com/masterclass/

Follow us at

https://www.facebook.com/steadystreaminvestments

https://www.instagram.com/quietwealthcommunity/

https://www.tiktok.com/@quietwealth

https://www.youtube.com/channel/UC2MFOVyPWo0XD0QVJxgDxbQ

https://www.linkedin.com/company/steady-stream-investments

Money is not just a matter of dollars and cents; it is deeply intertwined with our psychological well-being. In the latest episode of the Quiet Wealth podcast, hosted by Camilla Jeffs, we delve into the profound psychological facets of finance with guest, Christine Walsh.

During this conversation, Christine shares invaluable insights on addressing financial trauma and its impact on our financial decisions. Unpacking the weight of these experiences, she offers strategies to overcome past financial struggles, empowering listeners to cultivate a healthier relationship with money.

We also explore the evolution of gender roles in money management, shedding light on how societal norms have shaped our financial behaviors. Christine advocates for challenging inherited financial behaviors and emphasizes the importance of redefining these norms to achieve true financial empowerment.

The episode emphasizes the significance of overcoming scarcity mindsets, underscoring the transformative power of shifting from a mindset of lack to one of abundance. Tune in to this episode to gain a deeper understanding of the psychological aspects of money and how they influence our financial well-being.


In this episode, we talk about:
• Who is Christine Walsh?
• Impact of generational differences on managing finances
• Psychological aspects of money
• Importance of addressing financial trauma
• Evolving roles of men and women in managing money
• Concept of impact investing
•Blending practical and tactical aspects of money management with emotional and psychological understanding
• Learning opportunities from financial setbacks
• Role of women in managing finances
• Importance of somatic work in understanding emotional and physical responses to money-related experiences

Resource:
The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness by Morgan Housel - https://www.amazon.com/Psychology-Money-Timeless-lessons-happiness/dp/0857197681

Connect with Christine Walsh
Website - https://www.christinemwalsh.com/

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Shout out to my podcast manager, Abby! If you're ready to take your podcast to the next level, contact her today productions@abbyguaki.com.

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Prime Time Wealth Academy - https://camillajeffs.thinkific.com/courses/prime-time-wealth-academy

Prime Time Wealth Academy YouTube Channel - https://www.youtube.com/channel/UCJYjXBtQnNKeXSrhMIaRgGQ

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Are you ready to try passive investing in real estate? Get access to my FREE Passive Investing Masterclass!

https://steadystreaminvestments.com/masterclass/

Follow us at

https://www.facebook.com/steadystreaminvestments

https://www.instagram.com/quietwealthcommunity/

https://www.tiktok.com/@quietwealth

https://www.youtube.com/channel/UC2MFOVyPWo0XD0QVJxgDxbQ

https://www.linkedin.com/company/steady-stream-investments