Welcome to the LearnLikeaCPA podcast hosted by Ryan Bakke. In this episode we answered your questions on Fixing and Flipping vs Buying and Holding, taxes on house hacking, and much more. Let's connect! ► Instagram: ⁠https://www.instagram.com/learnlikeacpa⁠ ► Tiktok: ⁠https://www.tiktok.com/@learnlikeacpa⁠ ► Twitter: ⁠https://twitter.com/LearnLikeaCPA⁠ ► Facebook: ⁠https://www.facebook.com/learnlikeacpa⁠ ► LinkedIn: ⁠https://www.linkedin.com/in/learnlikeacpa/⁠ *None of this is meant to be specific investment advice, it's for entertainment purposes only.

Welcome to the LearnLikeaCPA podcast hosted by Ryan Bakke. In this episode we talked about my 7 steps to financial freedom. Emergency fund (6-9 months of expenses) Health/Life Insurance covered Contribute to employer match on 401k, but no more Pay off high-interest debt Max out Roth IRA and HSA Pay off low-interest debt Invest 20% of your income I believe these steps, in this order, are the best path toward financial freedom for MOST people. Be sure to think about your own situation, though, to make sure these fit your goals and your situation. Let's connect! ► Instagram: ⁠https://www.instagram.com/learnlikeacpa⁠ ► Tiktok: ⁠https://www.tiktok.com/@learnlikeacpa⁠ ► Twitter: ⁠https://twitter.com/LearnLikeaCPA⁠ ► Facebook: ⁠https://www.facebook.com/learnlikeacpa⁠ ► LinkedIn: ⁠https://www.linkedin.com/in/learnlikeacpa/⁠ *None of this is meant to be specific investment advice, it's for entertainment purposes only.

Welcome to the LearnLikeaCPA podcast hosted by Ryan Bakke. In this episode I answer your questions on bookkeeping preferences, taxes in a self-directed IRA, accelerating depreciation for non-real estate professionals, and we do the math on the 15-year vs the 30-year mortgage and which is the best wealth-building strategy. Let's connect! ► Instagram: ⁠https://www.instagram.com/learnlikeacpa⁠ ► Tiktok: ⁠https://www.tiktok.com/@learnlikeacpa⁠ ► Twitter: ⁠https://twitter.com/LearnLikeaCPA⁠ ► Facebook: ⁠https://www.facebook.com/learnlikeacpa⁠ ► LinkedIn: ⁠https://www.linkedin.com/in/learnlikeacpa/⁠ *None of this is meant to be specific investment advice, it's for entertainment purposes only.

Welcome to the LearnLikeaCPA podcast hosted by Ryan Bakke. In this episode we're talking about the Health Savings Account (HSA). We go over why this account even exists, what the benefits are (hint: there's a lot), and how to prioritize funding this account vs your other accounts. Let's connect! ► Instagram: ⁠https://www.instagram.com/learnlikeacpa⁠ ► Tiktok: ⁠https://www.tiktok.com/@learnlikeacpa⁠ ► Twitter: ⁠https://twitter.com/LearnLikeaCPA⁠ ► Facebook: ⁠https://www.facebook.com/learnlikeacpa⁠ ► LinkedIn: ⁠https://www.linkedin.com/in/learnlikeacpa/⁠ *None of this is meant to be specific investment advice, it's for entertainment purposes only.

Welcome to the LearnLikeaCPA podcast hosted by Ryan Bakke. In this episode we're talking about paying your kids to work in your business. This is a great way to save on taxes, as well as teaching your kids work ethic and financial literacy. We go over legal requirements, upfront tax savings, ways to leverage this strategy to build generational wealth, and much more. Let's connect! ► Instagram: ⁠https://www.instagram.com/learnlikeacpa⁠ ► Tiktok: ⁠https://www.tiktok.com/@learnlikeacpa⁠ ► Twitter: ⁠https://twitter.com/LearnLikeaCPA⁠ ► Facebook: ⁠https://www.facebook.com/learnlikeacpa⁠ ► LinkedIn: ⁠https://www.linkedin.com/in/learnlikeacpa/⁠ *None of this is meant to be specific investment advice, it's for entertainment purposes only.

Welcome to the LearnLikeaCPA podcast hosted by Ryan Bakke. In this episode we talked about how the IRS is beginning to crack down on cryptocurrency activity. We broke down the reason why this is happening now, different taxable events that happen with crypto, and best practices to avoid paying big in taxes and tax preparation. Let's connect! ► Instagram: ⁠https://www.instagram.com/learnlikeacpa⁠ ► Tiktok: ⁠https://www.tiktok.com/@learnlikeacpa⁠ ► Twitter: ⁠https://twitter.com/LearnLikeaCPA⁠ ► Facebook: ⁠https://www.facebook.com/learnlikeacpa⁠ ► LinkedIn: ⁠https://www.linkedin.com/in/learnlikeacpa/⁠ *None of this is meant to be specific investment advice, it's for entertainment purposes only.

Welcome to the LearnLikeaCPA podcast hosted by Ryan Bakke. Today’s another Q&A episode, where we talk about four main topics: Dollar cost averaging vs lump sum investing How to buy your first house in your twenties Rental real estate tax The stepped up in basis rule Let's connect! ► Instagram: ⁠https://www.instagram.com/learnlikeacpa⁠ ► Tiktok: ⁠https://www.tiktok.com/@learnlikeacpa⁠ ► Twitter: ⁠https://twitter.com/LearnLikeaCPA⁠ ► Facebook: ⁠https://www.facebook.com/learnlikeacpa⁠ ► LinkedIn: ⁠https://www.linkedin.com/in/learnlikeacpa/⁠ *None of this is meant to be specific investment advice, it's for entertainment purposes only.

Welcome to the LearnLikeaCPA podcast hosted by Ryan Bakke. Many of us dream of early retirement, but wonder how it’s possible without getting into real estate or entrepreneurship. Today we’re talking about a seriously underrated investment vehicle - a taxable brokerage account. Let's connect! ► Instagram: ⁠https://www.instagram.com/learnlikeacpa⁠ ► Tiktok: ⁠https://www.tiktok.com/@learnlikeacpa⁠ ► Twitter: ⁠https://twitter.com/LearnLikeaCPA⁠ ► Facebook: ⁠https://www.facebook.com/learnlikeacpa⁠ ► LinkedIn: ⁠https://www.linkedin.com/in/learnlikeacpa/⁠ *None of this is meant to be specific investment advice, it's for entertainment purposes only.

Welcome to the LearnLikeaCPA podcast hosted by Ryan Bakke. What do you call it when two doctors get together to buy real estate? A tax shelter. Ba-dum-tss Jokes aside, today we talked about the short-term rental loophole and how you can use losses from your rental properties to offset your non-passive income. Let's connect! ► Instagram: ⁠https://www.instagram.com/learnlikeacpa⁠ ► Tiktok: ⁠https://www.tiktok.com/@learnlikeacpa⁠ ► Twitter: ⁠https://twitter.com/LearnLikeaCPA⁠ ► Facebook: ⁠https://www.facebook.com/learnlikeacpa⁠ ► LinkedIn: ⁠https://www.linkedin.com/in/learnlikeacpa/⁠ *None of this is meant to be specific investment advice, it's for entertainment purposes only.

Welcome to the LearnLikeaCPA podcast hosted by Ryan Bakke. S-Corporations are an essential structure when it comes to business taxes, and in today’s episode, we talk about why that is. Let's connect! ► Instagram: ⁠https://www.instagram.com/learnlikeacpa⁠ ► Tiktok: ⁠https://www.tiktok.com/@learnlikeacpa⁠ ► Twitter: ⁠https://twitter.com/LearnLikeaCPA⁠ ► Facebook: ⁠https://www.facebook.com/learnlikeacpa⁠ ► LinkedIn: ⁠https://www.linkedin.com/in/learnlikeacpa/⁠ *None of this is meant to be specific investment advice, it's for entertainment purposes only.