The Wealth Planning Podcast with Brister Law

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:
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#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/
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#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