# Starting a Fund: The Final Harvest Page: https://stenobird.com/podcast/wealth-building-made-simple-936340/starting-a-fund-the-final-harvest Text version: https://stenobird.com/podcast/wealth-building-made-simple-936340/starting-a-fund-the-final-harvest.md Podcast: [Wealth-Building Made Simple](https://stenobird.com/podcast/wealth-building-made-simple-936340) Published: 2026-06-05T12:30:00+00:00 Episode link: https://askphillip.phillipwashingtonjr.com/e/starting-a-fund-the-final-harvest/ Audio file: https://mcdn.podbean.com/mf/web/mwzhriq8dy9r4ehs/4-The_Fall_Harvest8lux9.mp3 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/wealth-building-made-simple-936340/episodes/starting-a-fund-the-final-harvest Duration seconds: 621 ## Resource Key Takeaways: Plan With the End Goal in Mind: Strong financial planning starts with knowing your long-term goals. Tax and investment decisions should support the outcome you want in the future. Use Cost Segregation for Early Tax Savings: Cost segregation can speed up depreciation and create larger tax deductions earlier on, especially for investments you plan to hold for many years. Think Ahead Before Selling Assets: Decisions about bonus depreciation and other tax strategies should be considered when you expect to sell an asset, since timing can affect future taxes. Goodwill Has Real Value: A business’s reputation, customer relationships, and brand value are important assets. Properly valuing goodwill can improve tax outcomes during a sale. The Type of Sale Matters: Selling business stock and selling business assets are taxed differently. Careful planning before a sale can help reduce taxes and protect profits. Chapters: Timestamp Summary 0:00 Planning Real Estate Partnerships: Buyouts and Exits 1:24 Weighing Bonus Depreciation and Cost Segregation for Real Estate Deals 4:14 Understanding Tax Implications of Business Asset and Stock Sales 5:14 Understanding Goodwill and Brand Value in Business Sales 6:28 Understanding Goodwill and Its Impact on Business Transactions 8:42 Tax Deductible Expenses and Expert Advice Powered by ReiffMartin CPA and Stone Hill Wealth Management Social Media Handles Follow Phillip Washington, Jr. on Instagram (@askphillip) Subscribe to Wealth Building Made Simple newsletter https://www.wealthbuildingmadesimple.us/ Ready to turn your investing dreams into reality? Our "Wealth Building Made Simple" premium newsletter is your secret weapon. We break down investing in a way that's easy to understand, even if you're just starting out. Learn the t… ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/wealth-building-made-simple-936340/episodes/starting-a-fund-the-final-harvest/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/wealth-building-made-simple-936340/starting-a-fund-the-final-harvest.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.