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Going Long Podcast with Billy Keels

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  2. The Special Tool to Accelerate Your Path to Financial Freedom - Erik Oliver

The Special Tool to Accelerate Your Path to Financial Freedom - Erik Oliver

Feb 23, 2022

Are you an Accredited Investor that’s tired of getting crushed by paying so much in income tax? Find out how we’re helping others like you keep Uncle Sam out of your pocket. Go to https://www.firstgencp.com/goinglong

Going Long Podcast Episode 189: The Special Tool to Accelerate Your Path to Financial Freedom

In the conversation with today’s guest, Erik Oliver, you’ll learn the following:

 

  • [00:14 - 03:59] Show introduction with comments from Billy.
  • [03:59 - 07:19] Guest introduction and first questions.
  • [07:19 - 10:57] The backstory and decisions made that led Erik to this point in his journey.
  • [10:57 -24:43] Erik gives a 101 on what Cost Segregation is, and how it can help both passive and active investors keep hold of more of their money.  
  • [24:43 - 30:45] A detailed description of what Bonus Depreciation is and how it works, and the reality of what is happening and changing with Bonus Depreciation in the coming years.  
  • [30:45 - 32:43] How it works when looking at actioning Cost Segregation now for assets purchased in the past. 
  • [32:43 - 35:05] Who you should initially go to and how / when to initiate the process of getting your own Cost Segregation plan working for you.
  • [35:05 - 41:13] What ‘Recapture’ is, and how it could potentially affect someone in an investment where Cost Segregation or Bonus Depreciation is being utilized.

 

Here’s what Erik shared with us during today’s conversation: 

 

  • Where in the world Erik is based currently: Salt Lake City, Utah.
  • The most positive thing to happen in the past 24 hours: Just had the biggest month in terms of sales since his company was founded!
  • Favourite European City: Calabria, Italy.
  • A mistake that Erik would like you to learn from so that you don’t have to pay full price: Know what you’re good at and what you’re not good at. Stay in your lane, and let those that are experts in things that you don’t know so much about do what they do best. 
  • Book Recommendation: Tax-Free Wealth, by Tom Wheelwright. 

 

Be sure to reach out and connect with Erik Oliver by using the info below: 

 



To see the Video Version of today’s conversation just CLICK HERE.

 

How to leave a review for The Going Long Podcast: https://youtu.be/qfRqLVcf8UI 

 

Start taking action TODAY so that you can gain more Education and Control over your financial life.

 

Are you an Accredited Investor that’s tired of getting crushed by paying so much in income tax? Find out how we’re helping others like you keep Uncle Sam out of your pocket. Go to https://www.firstgencp.com/goinglong

 

Be sure to connect with Billy!  He’s made it easy for you to do…Just go to any of these sites: