• Home
  • keyboard_arrow_right Entrepreneur
  • keyboard_arrow_rightPodcasts
  • keyboard_arrow_right
  • keyboard_arrow_right 210. Due Diligence and the Importance of the Right Team with Alex Sonkin
play_arrow

Entrepreneur

210. Due Diligence and the Importance of the Right Team with Alex Sonkin

podcast July 23, 2023

Background
share close

Are you looking to minimize your taxes and gain a deeper understanding of the tax code? Do you want to navigate the complexities of tax with ease?

In this episode, we have Alex Sonkin, who will be sharing the key solution to help you achieve your goal of maximizing tax savings and gaining a comprehensive understanding of the tax code. Get ready to unlock the secrets to minimizing taxes and mastering the tax code on the Average Joe Finances Podcast.

In this episode:

  • Dive into intelligent tax planning strategies crafted for wealth preservation and proliferation.
  • Realize the unprecedented role of CPAs in devising tax strategies specifically tailored for real estate investors.
  • Get acquainted with the virtual family office model and its potential for benefiting individuals across varying economic stages.
  • Grasp the invaluable role of the Due Diligence Project in mitigating tax risks by promoting thorough due diligence.
  • Peer into the future of the accounting sector, with technology-led CPA firms and family offices in the virtual realm.

Key Moments:

00:03:07 – The Value of Tax Planning
00:06:32 – The Due Diligence Project
00:10:02 – Virtual Family Office Model
00:14:50 – Importance of Trusting CPAs
00:15:43 – Specializations in Professional Service
00:16:58 – Building a Network of Trusted Advisors
00:19:09 – Focus on Expertise and Outsourcing
00:28:00 – The Excitement of Referral Commissions
00:29:02 – Complexity of the Tax Code
00:30:13 – Paying Taxes the Right Way
00:33:14 – Joining the Due Diligence Project

Find Alex on:

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

Facebook: https://www.facebook.com/groups/216088415888671

Youtube: https://www.youtube.com/channel/UC0lQCUx003antWFnOFpaWGg

Book: https://www.amazon.com/Due-Diligence-Project-Peer-Reviewed-Supercharging/dp/B09P6T4P75 –

Average Joe Finances®

All of our social media links and more: https://averagejoefinances.com/links

About Mike: https://themikecav.com

Show Notes add on continued here: https://averagejoefinances.com/show-notes/

*DISCLAIMER* www.averagejoefinances.com/disclaimer

See our full episode transcripts here: www.averagejoefinancespod.com/episodes

Support the show

Rate it
Previous episode
Similar episodes