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How Money Works

Welcome to the How Money Works Podcast with husband and wife team Craig Moser, CFP and Jennifer Moser of Maestro Wealth Advisors. This show will cover all the essential financial and retirement planning elements you need to know to make it to, and through, retirement.

Join us each episode for valuable information on how to avoid some of the common financial pitfalls that others make.

Craig and Jennifer have more than 30 years of experience helping people to retire successfully in the Triad area of North Carolina. Their offices are in Winston-Salem & Greensboro.

If you need any help with your financial or retirement plan, give them a call at 336-448-1086 or visit the website,

Jul 16, 2020

Business owners and investors have dealt with a difficult 2020 as we reach the midway point and could likely use any advantage they can find.

That’s why we wanted to bring on Addison Maille from Sharrard, McGee & Co, PA. He’s the Tax Manager at the company, which serves the Triad area, and he works closely with business owners in different planning areas.

Two specific topics we wanted to get his insight on were business succession planning and real estate investing tax challenges. We’ll discuss those things plus learn more about the tax planning process and what people can be doing over the second half of the year.

We start the show with business succession planning because we work with a number of clients that want to exit the business in retirement either out of necessity or preference. Many times they’ve built a book of business rather than accumulating hard assets and that can provide a different set of challenges. Maille specializes in this area so he brings a lot of knowledge to the subject and will help point out one of the biggest mistakes owners make.

The other area of discussion will focus around real estate investing and some of the challenges on the tax side of things. He’ll help explain the 1031 exchange and how that can be utilized by an investor. Plus, we’ll talk about what else you should be thinking about and planning for before you decide to offload a property.

Tax planning can be a tedious process for individuals but relying on an expert like Maille can save you a lot of time and money.

Thanks for listening to this episode. We’ll be back again next week for another show.


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About the guest:


Today's show schedule:

1:00 – Explain what you do from a process standpoint with clients.

3:22 – How do you help business owners get value out of their business in retirement?

4:57 – Dealing with business owners that have a book of business rather than hard assets.

6:45 – Two types of business sales.

7:40 – Biggest mistakes he’s seen.

9:55 – Client with Real estate tax challenges and 1031 exchanges.

12:59 – Before you sell an investment property, let’s look over these things.

15:04 – Get help from someone that knows how to do this.

16:12 – Tax planning now and preparing for end of year.