Tax-Alpha Solutions

David Barnett has been working with small and medium sized businesses for over 20 years. He has helped entrepreneurs buy and sell them, He has helped them grow. He has helped people finance them. David is the author of 8 books about small business transactions and local investing. He is the host of a YouTube channel with hundreds of videos about buying, selling, financing and managing small and medium sized businesses.

Listen to this informative Tax-Alpha Solutions episode with David Barnett

about the inner workings of a business broker.

Here is what to expect on this week’s show:

• How David saw the writing on the wall that the internet would change everything
• David sold his office to an employee and went into banking
• After switching to banking he was brought back into brokering
• Not being incentivized by closing he is able have a clearer mindset for transactions
• The dynamic of the deal changes when private equity can get involved
• 5 things that cause a business to sell

Connect with David:

https://www.investlocalbook.com/

Matthew Chancey is a Registered Representative of Coastal Equities, Inc. and an Investment Advisory Representative of Coastal Investment Advisors, Inc. Neither Coastal Equities, Inc. nor Coastal Investment Advisors, Inc. is affiliated with Micel Financial LLC. Investment Advisory Services are offered through Coastal Investment Advisors, Inc., and securities are offered through Coastal Equities, Inc., Member FINRA/SIPC, 1201 N. Orange St., Suite 729, Wilmington, DE 19801.

Before David started his own California business brokerage practice, he held numerous sales and business development roles within the software industry in Silicon Valley. During this time, he successfully negotiated multi-million dollar global deals with large companies such as Microsoft, Oracle, and Sun Microsystems.  

He’s also a past entrepreneur, having built a commercial print brokerage business focused on business-to-business catalogs. His firm established contractual relationships with printers across the country and largely functioned as their outsourced sales agents. This business grew to become the third-largest print brokerage in the country. A key reason he was successful was because of the software he developed for his team’s internal use. After much thought, he sold this business himself in 2013 and made the transition to a business broker a few years later. 

 David earned an MBA from New York University in finance and a BA from the University of Pennsylvania in economics. 

Listen to this informative Tax-Alpha Solutions episode with David Jacobs about business brokering.

Here is what to expect on this week’s show

-David’s transition to Lynx

-Scalability of smaller businesses

-Opportunities today

-Verticals taking off

-Audited financials

-Biggest reasons a business doesn’t sell

Connect with David:

Davidjacobsbusinessbroker.com

Matthew Chancey is a Registered Representative of Coastal Equities, Inc. and an Investment Advisory Representative of Coastal Investment Advisors, Inc. Neither Coastal Equities, Inc. nor Coastal Investment Advisors, Inc. is affiliated with Micel Financial LLC. Investment Advisory Services are offered through Coastal Investment Advisors, Inc., and securities are offered through Coastal Equities, Inc., Member FINRA/SIPC, 1201 N. Orange St., Suite 729, Wilmington, DE 19801.

You Can’t Outsource Dirt – Tax-Alpha Solutions with Matt Chancey Episode 22 featuring Elizabeth Whitman

Elizabeth Whitman is Managing Member of Whitman Legal Solutions, LLC, located in the Washington, DC Metro Area. Her 25+ years of real estate experience includes more than $4 billion in transactions spanning most asset classes. She has a particular interest in real estate securities and Section 1031 exchanges.

Before forming Whitman Legal Solutions, Elizabeth was General Counsel for a national, privately-held real estate securities sponsor and a property management company. She also previously was Deputy General Counsel in charge of real estate and securities matters for a public company and an Administrative Law Judge hearing building, licensing, and rent control cases for the District of Columbia.

Elizabeth received her J.D. from The Ohio State University and her LL.M. from Georgetown University Law Center. In addition to being admitted to practice law in the District of Columbia, Maryland, New York, and Ohio, she holds a Maryland real estate broker license.

Listen to this informative Tax-Alpha Solutions episode with Elizabeth Whitman about real estate topics.

Here is what to expect on this week’s show:

– Real estate cycle

– Opportunities in office space

– Effects of eliminating the 1031 exchange

– Track record of people is vital

– Traits of a good sponsor

– Different lending situations

Connect with Elizabeth:

https://whitmanlegalsolutions.com/

Matthew Chancey is a Registered Representative of Coastal Equities, Inc. and an Investment Advisory Representative of Coastal Investment Advisors, Inc. Neither Coastal Equities, Inc. nor Coastal Investment Advisors, Inc. is affiliated with Micel Financial LLC. Investment Advisory Services are offered through Coastal Investment Advisors, Inc., and securities are offered through Coastal Equities, Inc., Member FINRA/SIPC, 1201 N. Orange St., Suite 729, Wilmington, DE 19801.

Confident Sailing Backed by Insurance – Tax-Alpha Solutions with Matt Chancey Episode 21 featuring John Reed

John Reed helps advisors and strategic partners implement and maintain advanced wealth/business protection and transfer strategies for their most valued customers. He has helped insurance advisors with over 200 Premium Finance cases resulting in +$2.4B of coverage, +$450M of financed premiums, and +$56M FYC. He currently serves on the Finance Committee for the city of Newport Beach, CA, is the past-president of The Elite OC: Young Professionals Giving Back, and is a graduate of University of Cincinnati where he studied Aerospace Engineering and MBA. He is an avid reader, competitive sailor, space nerd, and international traveler.

Listen to this informative Tax-Alpha Solutions episode with John Reed about aspects of premium financing.

Here is what to expect on this week’s show:

– John’s sailboat on fire in middle of the ocean

– The journey from engineering to insurance

– What is premium financing

– Being independent provides the best value to clients

– Different ways business owners use insurance plans

– Space aspirations

Connect with John:

https://www.linkedin.com/in/johnreedjr/

Matthew Chancey is a Registered Representative of Coastal Equities, Inc. and an Investment Advisory Representative of Coastal Investment Advisors, Inc. Neither Coastal Equities, Inc. nor Coastal Investment Advisors, Inc. is affiliated with Micel Financial LLC. Investment Advisory Services are offered through Coastal Investment Advisors, Inc., and securities are offered through Coastal Equities, Inc., Member FINRA/SIPC, 1201 N. Orange St., Suite 729, Wilmington, DE 19801.

Episode 020 The Legal Side of Business, Featuring Andrew Legrand

– Alpha Tax with Matt Chancey

Andrew Legrand is the founder of Spera Law Group, LLC, a cloud-based and paperless law firm in New Orleans, Louisiana. The firm proactively guides business owners around legal pitfalls…and helps them out when they fall in. The firm has been recognized in Forbes, New Orleans City Business, and Business Insider, among others. SuperLawyers honored him as a Rising Star among Business and Corporate Attorneys 5 years running. As a tech nerd with a law license, Andrew has presented at the American Bar Association’s TECHSHOW, ClioCloud9 Conference, and multiple CLE seminars presented by the Louisiana State Bar Association.

In our conversation, Andrew talks about how his firm helps businesses have a higher probability of success and why businesses are struggling to find good employees.

Other topics we discuss include:

Why Andrew decided to help business owners avoid legal mistakes

The challenges new business owners face

Why his ideal client is the 7-8 figure businesses

The legal policies based on the amount of employees

Why employees want more benefits than just a good salary

Why the better run businesses have less trouble finding employees

Enjoy the show!

Connect with Andrew:

Website: https://speralaw.com/

Connect with Matt:

Website: https://www.mattchanceylive.com/home1615404071938

Matthew Chancey is a Registered Representative of Coastal Equities, Inc. and an Investment Advisory Representative of Coastal Investment Advisors, Inc. Neither Coastal Equities, Inc. nor Coastal Investment Advisors, Inc. is affiliated with Micel Financial LLC. Investment Advisory Services are offered through Coastal Investment Advisors, Inc., and securities are offered through Coastal Equities, Inc., Member FINRA/SIPC, 1201 N. Orange St., Suite 729, Wilmington, DE 19801.

Episode 019 Tax Planning Strategies, Featuring David French

– Alpha Tax with Matt Chancey

David grew up in a hard-working family in Harrison, New York. When he was eleven, he started his work career at the local country club as a golf caddy. When he wasn’t lugging golf bags around, he was in the weight room or on the football field. He was an all-conference player in college at Salve Regina University and finished up his studies at Roger Williams University, majoring in Accounting.

After working for other CPA firms for 6 years, in 2018 David launched David French & Associates in Austin, TX, a tax strategy and CPA firm focused on helping serial entrepreneurs and business leaders create generational wealth. David’s experience spans across all industries, including working with tech and E-commerce startups, oil and gas partnerships, investment funds, and real estate developers. David has extensive experience with corporate restructurings and M&A deals. He is a closet tax nerd and can be found reading tax code in the middle of the night; just ask his wife.

David and his high school sweetheart live with their three young children in Austin, TX. Outside the office you can find David coaching his kids in youth sports, sneaking in a quick round of golf, hunting in the Hill Country, or deep-sea fishing in the Gulf of Mexico. Above all, David is a family man who believes in hard work and no excuses.

In our conversation, David talks about the opportunities with real estate and how he works to understand his clients to achieve success.

Other topics we discuss include:

The common types of clients David sees

Why someone setting up a new business would want to use code 1202

What a business owners options are if they do not utilize code 1202

The benefits of short-term rentals

The many IRS codes in real estate

Enjoy the show!

Connect with David:

Website: https://davidfrenchcpa.com/

Connect with Matt:

Website: https://www.mattchanceylive.com/home1615404071938

Matthew Chancey is a Registered Representative of Coastal Equities, Inc. and an Investment Advisory Representative of Coastal Investment Advisors, Inc. Neither Coastal Equities, Inc. nor Coastal Investment Advisors, Inc. is affiliated with Micel Financial LLC. Investment Advisory Services are offered through Coastal Investment Advisors, Inc., and securities are offered through Coastal Equities, Inc., Member FINRA/SIPC, 1201 N. Orange St., Suite 729, Wilmington, DE 19801.

Episode 018 How to be successful in real estate, Featuring Jeffrey Brogger

– Alpha Tax with Matt Chancey

Jeffrey Brogger is the founder of STEEZY.Digital, known for its work with the top 1% of real estate professionals. From empowering them with technology to helping them generate and nurture leads automatically, Jeff has helped even the top-producing realtors grow their business in ways they never thought possible. Jeff also founded a successful commercial realty firm in Southern California. He’s an avid surfer, and when he and his wife Megan aren’t traveling the world, he’s taking advantage of the waves in the Pacific Ocean near their home in San Diego, California.

In our conversation, Jeffrey talks about how you can leave your 9-5 job through real estate and how STEEZY Digital helps so many real estate agents.

Other topics we discuss include:

How Jeffrey got his start in real estate

His strategies in the multifamily real estate space

How to find good deals in real estate

The fiduciary responsibility real estate agents have

How he helps the top 1% real estate agents do better

Enjoy the show!

Connect with Jeffery:

https://steezy.digital/

Facebook: https://www.facebook.com/jeffrey.brogger 

LinkedIn: https://www.linkedin.com/in/jeffrey-brogger/

Twitter: https://twitter.com/jeffbrogger

Connect with Matt:

Website: https://www.mattchanceylive.com/home1615404071938

Matthew Chancey is a Registered Representative of Coastal Equities, Inc. and an Investment Advisory Representative of Coastal Investment Advisors, Inc. Neither Coastal Equities, Inc. nor Coastal Investment Advisors, Inc. is affiliated with Micel Financial LLC. Investment Advisory Services are offered through Coastal Investment Advisors, Inc., and securities are offered through Coastal Equities, Inc., Member FINRA/SIPC, 1201 N. Orange St., Suite 729, Wilmington, DE 19801.

Episode 017 The Appraisal Expert, Featuring Bharat Kanodia

– Alpha Tax with Matt Chancey

Bharat Kanodia has valued over 2000 businesses and signed off on assets worth $2.6 trillion in value. He has appraised unique assets like the Golden Gate Bridge, Atlanta Airport, Uber, Airbnb, Yahoo!, Brooklyn Bridge, Mirage Casino LV, among many others.

Bharat is the Founder of Veristrat and helps startup founders and VCs by telling them what their companies are worth. He lives in the San Francisco Bay area with his family and enjoys sailing, golfing, skiing, and horseback riding.

In our conversation, Bharat talks about his experience as an appraiser and provides insights on the business.

Other topics we discuss include:

How Bharat became an appraiser

The difference between private and public companies

Things that unexpectedly increase or decrease in the evaluation of a private company

Why Bharat started his YouTube Channel

Why you should think of an appraisal like a scorecard for your company

Enjoy the show!

Connect with Bharat:

LinkedIn: https://www.linkedin.com/in/bharat-kanodia-asa

Connect with Matt:

Website: https://www.mattchanceylive.com/home1615404071938

Matthew Chancey is a Registered Representative of Coastal Equities, Inc. and an Investment Advisory Representative of Coastal Investment Advisors, Inc. Neither Coastal Equities, Inc. nor Coastal Investment Advisors, Inc. is affiliated with Micel Financial LLC. Investment Advisory Services are offered through Coastal Investment Advisors, Inc., and securities are offered through Coastal Equities, Inc., Member FINRA/SIPC, 1201 N. Orange St., Suite 729, Wilmington, DE 19801.

Episode 016 Investing across borders, Featuring Lauren Cohen

– Alpha Tax with Matt Chancey

Lauren Cohen is an Immigration and Cross Border Legal Expert as well as a best-selling author and sought-after speaker. Real estate investors and entrepreneurs hire Lauren with her harmonized concierge approach to help overcome obstacles and navigate business and investment across borders so that they are able to invest, live, work and play – anywhere. Find out more at investingacrossborders.net

In our conversation, Lauren talks about how she helps her clients and how you can invest in real estate across borders.

Other topics we discuss include:

How to immigrate through real estate through her program

The business plan process to obtain a visa

What people need to know about investing

The importance of building a network for business

The common mistakes people make when investing across borders

Enjoy the show!

Connect with Lauren:

Website: investingacrossborders.net

Connect with Matt:

Website: https://www.mattchanceylive.com/home1615404071938

Matthew Chancey is a Registered Representative of Coastal Equities, Inc. and an Investment Advisory Representative of Coastal Investment Advisors, Inc. Neither Coastal Equities, Inc. nor Coastal Investment Advisors, Inc. is affiliated with Micel Financial LLC. Investment Advisory Services are offered through Coastal Investment Advisors, Inc., and securities are offered through Coastal Equities, Inc., Member FINRA/SIPC, 1201 N. Orange St., Suite 729, Wilmington, DE 19801.

Episode 015 Everything you need to know about estate planning, Featuring Everett Sussman

– Alpha Tax with Matt Chancey

Since 1993, attorney Sussman has operated a solo-practitioner law firm, with a practice focusing on estate planning and probate administration. He brings experience, expertise, sensitivity, and humor to what can often otherwise be a stressful, trying process. His clients have ranged from centenarians to the not-yet-born; from simple situations to the complex. He has extensive experience working with special needs families.

In our conversation, Everett talks about how he helps his clients create their estate plans and how you can too. How Covid has changed the way people think about estate planning. 

Other topics we discuss include:

How people can prepare when beginning the estate planning process

The importance of reviewing your estate plan throughout the years

The opportunities of a 529 plan

Reasons why probate isn’t always a bad thing

The differences between a will and a trust

Enjoy the show!

Connect with Everett:

Website: www.EstateLawOnline.com

LinkedIn: https://www.linkedin.com/in/egsesq/

Facebook: https://www.facebook.com/LawOfficesOfEGSussman

Twitter: https://twitter.com/EGSussman

Connect with Matt:

Website: https://www.mattchanceylive.com/home1615404071938

Matthew Chancey is a Registered Representative of Coastal Equities, Inc. and an Investment Advisory Representative of Coastal Investment Advisors, Inc. Neither Coastal Equities, Inc. nor Coastal Investment Advisors, Inc. is affiliated with Micel Financial LLC. Investment Advisory Services are offered through Coastal Investment Advisors, Inc., and securities are offered through Coastal Equities, Inc., Member FINRA/SIPC, 1201 N. Orange St., Suite 729, Wilmington, DE 19801.