Episodios

  • Real Estate Investment Strategies for Canadian Entrepreneurs from Experts in the Toronto Real Estate Market
    Jul 31 2024

    Have you ever wondered how top real estate professionals turn market challenges into wealth-building opportunities?

    In today's fluctuating real estate market, many investors face uncertainty about making profitable decisions. High costs, market volatility, and the fear of making the wrong move can be daunting.

    This episode dives into strategies used by seasoned real estate experts from the podcast The Canadian Real Estate Show T.K. Butler and Darryl Frankfort, who share their insights on overcoming these challenges.

    Darryl and TK discuss the importance of education, perseverance, and having a well-planned investment strategy, providing you with actionable advice to navigate the complexities of the real estate market.

    Tune in to our latest episode to uncover the wealth-building strategies of real estate experts and take your investment game to the next level!

    What you’ll learn:

    • Learn how to develop a well-planned real estate investment strategy that withstands market fluctuations.
    • Discover the secrets of leveraging perseverance and thorough research to identify profitable investment opportunities.
    • Gain insights into the importance of long-term thinking and trusting experienced professionals to make sound investment decisions.

    Resources

    • Canadian Wealth Secrets Show Notes Page


    Consider reaching out to Kyle if you’ve been…

    • …taking a salary with a goal of stuffing RRSPs;
    • …investing inside your corporation without a passive income tax minimization strategy;
    • …letting a large sum of liquid assets sit in low interest earning savings accounts;
    • …investing corporate dollars into GICs, dividend stocks/funds, or other investments attracting corporate passive income taxes at greater than 50%; or,
    • …wondering whether your current corporate wealth management strategy is optimal for your specific situation.

    By hopping on a discovery call with Kyle, he will review your specific personal and corporate financial situation in order to determine if there are some quick wins available for you to minimize taxes personally or corporately, provide ideas for how you can increase your personal cash flow, and ensure that the net worth of your estate continues to grow in tandem.

    Discover how top real estate professionals turn market challenges into wealth-building opportunities. In this episode, T.K. Butler and Darryl Frankfort from The Canadian Real Estate Show share their real estate investment strategies, providing actionable advice on overcoming market volatility and making profitable real estate investments. Learn how to make money in real estate and build long-term wealth through well-planned strategies and perseverance. Tune in to uncover the secrets to successful real estate investing!


    Ready to connect? Text us your comment including your phone number for a response!

    Canadian Wealth Secrets is an informative podcast that digs into the intricacies of building a robust portfolio, maximizing dividend returns, the nuances of real estate investment, and the complexities of business finance, while offering expert advice on wealth management, navigating capital gains tax, and understanding the role of financial institutions in personal finance.

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    45 m
  • RRSP Investment Options and Alternatives For Business Owners [Secret Sauce Ep6]
    Jul 26 2024

    Are you an incorporated business owner struggling to determine the best retirement investment vehicle for the profits you retain in your corporation each year while minimizing the overall tax burden?

    Incorporated business owners often face the challenge of effectively managing retained earnings while planning for retirement. Traditional strategies like Registered Retirement Savings Plans (RRSP) Investment Options and Individual Pension Plans (IPP) might not offer the best tax efficiency or flexibility, leaving you to slowly meltdown the funds to try and limit substantial taxes the entrepreneur must pay when accessing these funds in retirement. This episode of the Canadian Wealth Secrets podcast dives into innovative approaches that can help you grow your wealth within your corporation to provide the most flexibility and access to funds while strengthening your long-term Canadian retirement financial security.

    Imagine having a strategy that not only shields your retained earnings from heavy taxation but also allows you to leverage those earnings for personal income and investment opportunities. By exploring the benefits of permanent life insurance policies such as participating whole life insurance, this episode provides insights into how you can use corporate dollars to create a tax-efficient and growth-oriented financial plan, ensuring you leave a lasting legacy while enjoying the Canadian retirement an RRSP or IPP simply cannot provide.

    What you’ll learn:

    • Learn how to convert retained earnings into a tax-efficient, growth-oriented financial tool to grow wealth during your capitalization years and financial security during retirement.
    • Discover ways to leverage against corporate assets for personal income without heavy income tax burdens.
    • Gain insights into creating a legacy and securing financial stability for future generations.

    Tune in now to unlock strategies that can transform your business earnings into lasting wealth and tax-free personal income!

    Resources:

    • Canadian Wealth Secrets Show Notes Page

    Calling All Canadian Incorporated Business Owners & Investors:

    Consider booking a discovery call with Kyle if you’ve been…

    • …taking a salary with a goal of stuffing RRSPs;
    • …investing inside your corporation without a passive income tax minimization strategy;
    • …letting a large sum of liquid assets sit in low interest earning savings accounts;
    • …investing corporate dollars into GICs, dividend stocks/funds, or other investments attracting corporate passive income taxes at greater than 50%; or,
    • …wondering whether your current corporate wealth management strategy is optimal for your specific situation.

    This episode helps entrepreneurs and incorporated business owners to determine where they should be investing their retained earnings - inside the corporation or outside - in order to accumulate a high net worth over time and a low Canadian income tax stream of retirement income later. We will explore Registered Retirement Savings Plans (RRSP),

    Ready to connect? Text us your comment including your phone number for a response!

    Canadian Wealth Secrets is an informative podcast that digs into the intricacies of building a robust portfolio, maximizing dividend returns, the nuances of real estate investment, and the complexities of business finance, while offering expert advice on wealth management, navigating capital gains tax, and understanding the role of financial institutions in personal finance.

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    19 m
  • Jailbreak Your Retained Earnings and Minimize Expenses Related to Income Tax & Capital Gains Inclusion Rate Hikes
    Jul 24 2024

    Are your retained earnings trapped inside your corporate structure?

    Wondering how you can jailbreak your retained earnings without gifting 50% of your net operating income to the Canadian Revenue Agency?

    In this episode of the Canadian Wealth Secrets podcast, we delve into the intricate world of corporate tax planning strategies and how savvy business owners can optimize their retained earnings and investments while navigating the increase in capital gains inclusion rate and utilizing tax efficient structures.

    This episode addresses the pressing issue of how business owners can maximize their retained earnings within a corporation while planning for retirement. With personal income taxes and capital gains posing significant hurdles, it's essential to explore innovative solutions, such as using corporate-owned life insurance policies and efficient investment strategies. This discussion aims to equip you with the knowledge to make informed decisions and secure your financial future.

    You’ll learn:

    • Tax Optimization Techniques: Learn how to minimize tax burdens and efficiently manage retained earnings through strategic use of corporate structures and permanent life insurance policies.
    • Investment Insights: Discover the pros and cons of different investment strategies tailored for business owners, including how to balance active and passive income within a corporate framework.
    • Leveraging Corporate Assets: Understand how to use corporate assets as collateral for loans, enhancing compliance and efficiency in your financial planning.

    Unlock the secrets to smarter corporate tax planning and investment strategies by listening to this episode now!

    Resources

    • Canadian Wealth Secrets Show Notes Page


    Consider booking a call with Kyle if you’ve been…

    • …taking a salary with a goal of stuffing RRSPs;
    • …investing inside your corporation without a passive income tax minimization strategy;
    • …letting a large sum of liquid assets sit in low interest earning savings accounts;
    • …investing corporate dollars into GICs, dividend stocks/funds, or other investments attracting corporate passive income taxes at greater than 50%; or,
    • …wondering whether your current corporate wealth management strategy is optimal for your specific situation.

    By hopping on a discovery call with Kyle, he will review your specific personal and corporate financial situation in order to determine if there are some quick wins available for you to minimize taxes personally or corporately, provide ideas for how you can increase your personal cash flow, and ensure that the net worth of your estate continues to grow in tandem.

    This episode helps entrepreneurs and incorporated business owners to determine where they should be investing their retained earnings - inside the corporation or outside - in orde

    Ready to connect? Text us your comment including your phone number for a response!

    Canadian Wealth Secrets is an informative podcast that digs into the intricacies of building a robust portfolio, maximizing dividend returns, the nuances of real estate investment, and the complexities of business finance, while offering expert advice on wealth management, navigating capital gains tax, and understanding the role of financial institutions in personal finance.

    Más Menos
    27 m
  • Is Your Old Whole Life Insurance Policy Still Worth It? [Secret Sauce Ep5]
    Jul 19 2024

    Is your old whole life insurance policy still worth keeping for borrowing to buy assets, for infinite banking, retirement income or is it time to cancel?

    In this Secret Sauce episode of Canadian Wealth Secrets, we dive into a common challenge faced by many permanent insurance policyholders: understanding the true value and potential of older, low-cash value participating whole life insurance policies. We explore a real-life case study where a couple questions the benefit of maintaining a whole life insurance policy purchased decades ago. As Canadian financial landscapes shift, many find themselves re-evaluating past financial decisions to ensure they are still aligned with their current Canadian investment goals and needs.

    Whether you’re looking to optimize your savings and investments here in Canada or considering a shift in your financial strategy to incorporate leverage investment strategies such as Infinite Banking, this episode provides valuable insights. By examining the specifics of one couple’s permanent insurance policy and the options available to them, you’ll gain a deeper understanding of the nuances involved in making informed decisions about your own financial tools for building your wealth, retirement income or just to know you’re maximizing your investment returns.

    What you’ll learn:

    • Learn how to evaluate the current value of your old whole life insurance policy.
    • Discover strategies for reallocating funds from outdated policies to more beneficial investments or tools for infinite banking like strategies or reinvestment.
    • Gain expert insights into the key infinite banking strategies that will allow you to leverage the cash value in your whole life insurance policy to optimize your investments and financial portfolio for better returns.

    Listen to this episode now to uncover the best strategies for maximizing your wealth and ensuring your financial decisions are still working in your favor!

    Resources:

    • Canadian Wealth Secrets Show Notes Page

    Calling All Canadian Incorporated Business Owners & Investors:

    Consider reaching out to Kyle if you’ve been…

    • …taking a salary with a goal of stuffing RRSPs;
    • …investing inside your corporation without a passive income tax minimization strategy;
    • …letting a large sum of liquid assets sit in low interest earning savings accounts;
    • …investing corporate dollars into GICs, dividend stocks/funds, or other investments attracting corporate passive income taxes at greater than 50%; or,
    • …wondering whether your current corporate wealth management strategy is optimal for your specific situation.

    This episode focuses specifically on deciding whether your old whole life insurance policy is worth continuing to fund premiums into, offsetting and keeping, or cancelling to take the cash value and contribute to an over-funded, high early cash value participating whole life insurance policy that will allow you to use the most important strategies from the infinite banking concept to optimize your investments and supercharge the net worth of your Canadian investment portfolio.


    Ready to connect? Text us your comment including your phone number for a response!

    Canadian Wealth Secrets is an informative podcast that digs into the intricacies of building a robust portfolio, maximizing dividend returns, the nuances of real estate investment, and the complexities of business finance, while offering expert advice on wealth management, navigating capital gains tax, and understanding the role of financial institutions in personal finance.

    Más Menos
    11 m
  • Passive Income Investing Through Real Estate: Are You Building a Real Estate Investment Portfolio or Real Estate Business?
    Jul 17 2024

    When you started turning your attention towards real estate as your passive income investing path, were you thinking that it wouldn't be much work?

    If you did, you're wrong.

    Unless you are a joint venture money partner, investor in a fund or REIT, you're actually building a business rather than a passive income investment portfolio and that may or may not be a good thing for you.

    In this episode, Jon and Kyle explore the intricate balance between building a passive income generating real estate investment portfolio and managing a thriving real estate property business. They share personal experiences and strategies that can help you understand where to store your wealth and how to navigate the complexities of managing both a business and a real estate empire.

    If you’ve ever pondered, dreamed, or even planned the outcome of growing a passive income real estate investment portfolio so you can live off the cashflow and not realize what is involved or what you have created, you may be in for a wake up call.

    Understanding the evolution of their real estate journey, Jon and Kyle reflect on how their initial investments have transformed into a full-fledged business, complete with its own set of responsibilities. They tackle the tough questions about treating a passive income property portfolio as a business and offer strategies for effective management and growth. This episode is a must-listen for anyone looking to refine their approach to real estate investing and business integration.

    You’ll learn:

    • Gain clarity on whether to prioritize your passive income investments or your business ventures.
    • Learn practical strategies for managing a growing passive income property portfolio as a business.
    • Discover how to apply business thinking to real estate investment for long-term success.

    Listen to this week's episode to help yourself understand whether you're heading down the right path or whether pivoting along your investment journey will leave you happier and wealthier in the end.

    Resources:

    • Access all episode resources on the show notes page
    • Book a FREE Discovery Call with Kyle to review your corporate (or personal) wealth strategy to help you overcome your current struggle and take the next step in your Canadian Wealth Building Journey!
    • Follow/Connect on LinkedIn, Instagram, Facebook [Kyle’s Profile, Our Business Page], TikTok and TwitterX.

    We'll explore why passive income investing through real estate is not really passive, how investing in real estate is more of an entrepreneurial business endeavour rather than a passive income investment, how the type of real estate investments you make should align more with who you are as an investor and entrepreneur rather than which investment property will give you the greatest return and more. As alway

    Ready to connect? Text us your comment including your phone number for a response!

    Canadian Wealth Secrets is an informative podcast that digs into the intricacies of building a robust portfolio, maximizing dividend returns, the nuances of real estate investment, and the complexities of business finance, while offering expert advice on wealth management, navigating capital gains tax, and understanding the role of financial institutions in personal finance.

    Más Menos
    33 m
  • Volume Negates Luck: Hot Take On Alex Hormozi’s Favourite Business Phrase [Secret Sauce Ep4]
    Jul 12 2024

    Ever heard the phrase “Volume Negates Luck”?

    Today, we dig into Alex Hormozi’s phrase describing how consistent, repetitive actions in business and wealth-building can create opportunities that seem like luck but are actually the result of deliberate effort.

    This concept can directly impact anyone striving to increase their financial success, as it shifts the focus from hoping for a lucky break to actively creating one’s own opportunities.

    For many, the challenge lies in feeling that success is random and out of their control. By understanding and applying the principle that increased effort and volume lead to better results, listeners can transform their approach to wealth-building. Whether you’re working a traditional job, running a business, or investing, this episode provides actionable insights to help you achieve your financial goals through sustained effort and strategic planning.

    • Discover how to create your own luck in entrepreneurship, business or investing through consistent effort and increased volume.
    • Learn strategies to apply this principle to your investment and wealth-building journey, regardless of your current financial situation.
    • Gain practical tips for dedicating more time, effort, and resources to maximize your business and financial opportunities.

    Play this episode now to uncover the secret to turning hard work into guaranteed success and start creating your own entrepreneurial, business and financial “luck” today.

    Resources:

    • Canadian Wealth Secrets Show Notes Page

    Calling All Canadian Incorporated Business Owners & Investors:

    Consider reaching out to Kyle if you’ve been…

    • …taking a salary with a goal of stuffing RRSPs;
    • …investing inside your corporation without a passive income tax minimization strategy;
    • …letting a large sum of liquid assets sit in low interest earning savings accounts;
    • …investing corporate dollars into GICs, dividend stocks/funds, or other investments attracting corporate passive income taxes at greater than 50%; or,
    • …wondering whether your current corporate wealth management strategy is optimal for your specific situation.

    By hopping on a discovery call with Kyle, he will review your specific personal and corporate financial situation in order to determine if there are some quick wins available for you to minimize taxes personally or corporately, provide ideas for how you can increase your personal cash flow, and ensure that the net worth of your estate continues to grow in tandem.

    This episode digs into a ton of great ideas from Alex Hormozi and we apply them to entrepreneurs, business owners incorporated and sole proprietors, investors and all those seeking financial freedom or early retirement. Our goal with this episode is to highlight how consistent effort and volume of capital can help you reach your financial goals better than investment rates of return.

    Ready to connect? Text us your comment including your phone number for a response!

    Canadian Wealth Secrets is an informative podcast that digs into the intricacies of building a robust portfolio, maximizing dividend returns, the nuances of real estate investment, and the complexities of business finance, while offering expert advice on wealth management, navigating capital gains tax, and understanding the role of financial institutions in personal finance.

    Más Menos
    9 m
  • From $1,000 to $10 Million: A Canadian Real Estate Journey From 60-Hour Work Weeks to True Time Freedom
    Jul 10 2024

    Imagine moving to a country with only $1,000 in your pocket and a dream of improving your way of life only to realize that your dream meant grinding over 60 hours per week for “success.”

    In today’s episode, we’ll be interviewing Luis Limgenco as he shares his journey as an immigrant whose hard work and dedication led him to what many would consider professional “success.” However, he quickly recognized that trading all of his waking hours for a paycheque wasn’t going to lead him to the financial or lifestyle freedom that he had envisioned for he and his wife coming to Canada.

    Stick around as we dig deep into his story as he went from focusing on the climb up the corporate ladder to going all-in on real estate to escape the daily grind he had created for himself and towards real financial freedom. His story epitomizes the transformative power of strategic real estate investments, showcasing how diligent research, calculated risks, and decisive actions can turn modest beginnings into a multimillion-dollar empire. By immersing yourself in his narrative, you'll gain invaluable insights into overcoming obstacles, seizing opportunities, and forging your path to true financial independence and time freedom.

    From leveraging financial models to gauge property feasibility to timing market fluctuations for optimal gains, Luis’ experience offers a masterclass in proactive real estate investment decision-making. By understanding his mindset and buy-box, you'll be equipped to identify your own lucrative real estate opportunities, learn how to mitigate risks, and chart a course towards sustainable Canadian wealth accumulation in the ever-changing real estate investment landscape.

    What you’ll learn:

    • Insights into successful real estate investment strategies, focusing on cash flow and risk reduction.
    • Learn how to leverage financial models to identify lucrative opportunities and navigate market fluctuations for maximum returns.
    • The importance of integrity, honesty, and strategic planning in building a robust real estate portfolio.
    • The value of mentorship and joint ventures in maximizing investment opportunities and achieving financial goals.
    • The power of diversification and proactive decision-making in building a sustainable, cash-flow positive real estate portfolio across different markets.

    Ready to unlock some Canadian Wealth Secrets to successful real estate investing? Listen in now to gain invaluable insights and take your Canadian financial future into your own hands!


    Resources:

    • Reach out to Luis Limgenco on LinkedIn and Facebook
    • S&P CoreLogic Case-Shiller U.S. National Home Price Index
    • Teranet–National Bank House Price Index™
    • Episode 6: The 3 Silver Bullets of Real Estate Investing
    • Dig into our Ultimate Investment Book List
    • Book a Discovery Call with Kyle to review your corporate (or personal) wealth strategy to help you ove

    Ready to connect? Text us your comment including your phone number for a response!

    Canadian Wealth Secrets is an informative podcast that digs into the intricacies of building a robust portfolio, maximizing dividend returns, the nuances of real estate investment, and the complexities of business finance, while offering expert advice on wealth management, navigating capital gains tax, and understanding the role of financial institutions in personal finance.

    Más Menos
    40 m
  • Are Your Investment Priorities Out of Whack? Time for an Adjustment? [Secret Sauce Ep3]
    Jul 5 2024

    Your priorities may be out of whack and you’re focusing on the wrong things. Discover how a simple shift in mindset could transform your approach to business, personal, and financial success and happiness here in Canada.


    Many of us find ourselves living to work rather than working to live. This common problem can lead to burnout, stress, and a lack of fulfillment in both personal, professional, financial, and investment lives. By tuning into this Secret Sauce episode of Canadian Wealth Secrets, you'll gain insights into how to prioritize what matters so you can make sound financial and investment decisions.

    Understanding and applying these principles can help you achieve a better work-life balance, ultimately leading to greater satisfaction and success. The episode shares practical steps and real-life experiences to help you reassess your priorities and align your goals, making your pathway to financial freedom and personal happiness much clearer.

    • How lessons on work-life balance can help you with your financial goals
    • Discover practical strategies to prioritize your goals over the methods, leading to more effective decision-making.
    • Gain clarity on aligning your financial and personal goals, making your journey to wealth and happiness more straightforward.


    Listen to this eye-opening episode now to start prioritizing your life effectively and achieve true success and happiness.


    Resources:

    • Canadian Wealth Secrets Show Notes Page


    Calling All Canadian Incorporated Business Owners & Investors:

    Consider reaching out to Kyle if you’ve been…

    • …taking a salary with a goal of stuffing RRSPs;
    • …investing inside your corporation without a passive income tax minimization strategy;
    • …letting a large sum of liquid assets sit in low interest earning savings accounts;
    • …investing corporate dollars into GICs, dividend stocks/funds, or other investments attracting corporate passive income taxes at greater than 50%; or,
    • …wondering whether your current corporate wealth management strategy is optimal for your specific situation.

    By hopping on a discovery call with Kyle, he will review your specific personal and corporate financial situation in order to determine if there are some quick wins available for you to minimize taxes personally or corporately, provide ideas for how you can increase your personal cash flow, and ensure that the net worth of your estate continues to grow in tandem.





    Ready to connect? Text us your comment including your phone number for a response!

    Canadian Wealth Secrets is an informative podcast that digs into the intricacies of building a robust portfolio, maximizing dividend returns, the nuances of real estate investment, and the complexities of business finance, while offering expert advice on wealth management, navigating capital gains tax, and understanding the role of financial institutions in personal finance.

    Más Menos
    8 m