📚 Unlock the secrets to building wealth! My book and 12-module Masterclass cover everything I’ve learned about passive investing and creating financial freedom. Watch it on-demand for FREE: http://thewealthelevator.com/master

🤝 Join the Hui Deal Pipeline Club and get a one-on-one call with me to discuss your investment goals: https://thewealthelevator.com/club

The host interviews Chris Kleiman, Senior Vice President at Gulf Coast Western, to walk through the oil and gas lifecycle from leasing mineral rights to plugging and remediation. Kleiman explains how companies lease (not buy) minerals, negotiate royalties (often 18–25%), secure surface access and damages clauses, and rely on seismic, existing field data, and permitting to plan drilling. The discussion focuses on the shift from higher-risk vertical wells to capital-intensive horizontal drilling and multi-well pads, fracking stages, flowback, water recycling, production profiles (ramp, plateau, decline), and terms like IP and BOE. They cover ongoing operations (pumpers, monitoring, artificial lift over time), midstream purchase contracts at the meter, the importance of infrastructure, pricing dynamics, continuous drilling clauses, and why Kleiman prefers well-funded operators and proven fields for investors seeking IDC tax benefits and long-term monthly distributions.

00:00 Oil Gas Lifecycle Intro

00:47 Leasing Mineral Rights

02:43 Royalties Easements Paydays

04:00 Geology Seismic Planning

04:54 Horizontal vs Vertical Drilling

07:43 Pad Construction Costs

10:34 Spud Drilling Frack Flowback

11:57 Depths Water Table Basics

13:18 Production Scale Flush Curve

16:28 Investor Metrics IP BOE Logs

18:46 Oil vs Gas Mix Sales

19:54 AI Drives Gas Demand

20:33 Infrastructure And Market Access

21:27 Artificial Lift Basics

22:34 Rig Crews And Field Life

23:51 Monitoring Wells Daily

25:20 Water Recycling And Pressure Decline

26:09 Investor Reports And Payout Lag

28:42 Selling Oil Midstream

30:31 Plugging And Site Remediation

31:03 Fracking Terms And Myths

33:10 Oil Price Reality Check

34:29 Continuous Drilling Leases

35:33 Picking Safer Deals

37:07 Why Oil Investing Works

38:24 Final Wrap And Thanks

Connect with me:

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

Facebook: https://www.facebook.com/TheWealthElevator

Instagram: https://www.instagram.com/TheWealthElevator

Lane Kawaoka is a developer and multi-family syndicator who owns 10,000+ rental units and is the leader of “Hui Deal Pipeline Club” which has acquired over $2.1 Billion AUM of real estate by syndicating over $200 Million Dollars of private equity and most importantly distributed more than $45M back to our investors since 2016.

Check out our Top-50 Investing Podcast, The Wealth Elevator.

Hosted on Acast. See acast.com/privacy for more information.

📚 Unlock the secrets to building wealth! My book and 12-module Masterclass cover everything I’ve learned about passive investing and creating financial freedom. Watch it on-demand for FREE: http://thewealthelevator.com/master

🤝 Join the Hui Deal Pipeline Club and get a one-on-one call with me to discuss your investment goals: https://thewealthelevator.com/club

A host interviews Gabe Hogan, a tax attorney and former IRS revenue agent, about how IRS audits work, why high-profile taxpayers are treated as examples to drive compliance, and why taxpayers—not preparers—are usually on the hook for penalties and interest. Hogan describes IRS bureaucracy, outdated systems, staffing declines, and increased hiring of non-tax personnel, plus the growing use of AI models that flag more returns amid a shrinking workforce. He explains how returns are graded with DIF scores, how agents and managers triage audit “stacks,” and why clear categorization and attaching substantiation (e.g., cost segregation reports) can reduce audit risk. They discuss common self-prep and CPA errors (TurboTax, misclassification, NIIT on business exits), documentation needs, audit escalation paths (agent, manager, Appeals, tax court), and strategies like the Augusta Rule when properly documented.

00:00 Celebrity Audit Fear

00:50 Wild Deduction Stories

02:10 Meet Former IRS Insider

03:36 From Bulls to Tax Law

06:14 Credentials Alphabet Soup

13:09 Taxpayer Liability Reality

14:58 Why Not TurboTax

18:24 Augusta Rule Done Right

22:53 Breaking Up With Your CPA

25:20 How Audits Get Picked

27:13 DIF Scores Explained

29:42 Stacks Managers and Backlogs

33:59 Statutes and Audit Chess

35:28 Audit Negotiation Tactics

37:12 Audit Types And Escalation

40:19 IRS Fear And Compliance

42:14 Gray Area Tax Strategy

44:45 Substantiation And Materiality

51:23 Regional IRS Culture

54:25 Politics And IRS Slowdown

56:29 Guest Wrap And Contact

57:14 Deal Desk Pitch

01:00:11 Due Diligence Framework

01:02:46 Final Call To Action

Connect with me:

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

Facebook: https://www.facebook.com/TheWealthElevator

Instagram: https://www.instagram.com/TheWealthElevator

Lane Kawaoka is a developer and multi-family syndicator who owns 10,000+ rental units and is the leader of “Hui Deal Pipeline Club” which has acquired over $2.1 Billion AUM of real estate by syndicating over $200 Million Dollars of private equity and most importantly distributed more than $45M back to our investors since 2016.

Check out our Top-50 Investing Podcast, The Wealth Elevator.

Hosted on Acast. See acast.com/privacy for more information.

📚 Unlock the secrets to building wealth! My book and 12-module Masterclass cover everything I’ve learned about passive investing and creating financial freedom. Watch it on-demand for FREE: http://thewealthelevator.com/master

🤝 Join the Hui Deal Pipeline Club and get a one-on-one call with me to discuss your investment goals: https://thewealthelevator.com/club

The host interviews Robin Mills, founder/CEO of Qamar Energy and author of The Myth of the Oil Crisis, about oil and gas investing amid the Iran conflict and disruptions in the Strait of Hormuz. Mills argues the world has ample oil resources and explains how the US shale boom (enabled by horizontal drilling, fracking, and crude-by-rail) reversed decades of US production decline, while early environmental backlash was often exaggerated despite real methane and leakage issues. He outlines Venezuela’s collapse under Chávez/Maduro, subsequent US actions and sanctions changes, and how the Iran war has sharply reduced Hormuz flows from about 20 million bpd to far lower levels, partly offset by pipelines and China’s large strategic stockpiles. The discussion clarifies how OPEC/OPEC+ influences prices via production and spare capacity, why that leverage is constrained during the blockade, and reviews long-term demand threats from renewables and EVs, offset by petrochemicals and aviation, plus rising electricity needs for AI and renewed nuclear interest.

00:00 Oil Investing and Iran

01:03 Myth of Oil Scarcity

02:44 Shale Boom Origins

04:31 Fracking Breakthrough Timeline

06:26 Majors vs Independents

08:14 Fracking Environmental Backlash

09:32 Venezuela Collapse and Comeback

13:06 US Oil Policy Tightrope

15:09 Iran War and Hormuz Blockade

18:57 Global Price Shock and Winners

20:12 Pipelines and What Comes Next

22:07 Why Prices Stayed Contained

23:27 Stalemate and Future Scenarios

23:47 OPEC Price Myth

24:16 OPEC Plus Explained

26:43 Spare Capacity Basics

28:25 US vs Saudi Flexibility

30:37 China Oil Wildcard

32:51 Investor Risks Volatility

34:15 Renewables And EV Shift

37:16 Future Oil Demand Drivers

39:09 Nuclear Comeback SMRs

43:00 Oil Outlook And Wrap

Connect with me:

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

Facebook: https://www.facebook.com/TheWealthElevator

Instagram: https://www.instagram.com/TheWealthElevator

Lane Kawaoka is a developer and multi-family syndicator who owns 10,000+ rental units and is the leader of “Hui Deal Pipeline Club” which has acquired over $2.1 Billion AUM of real estate by syndicating over $200 Million Dollars of private equity and most importantly distributed more than $45M back to our investors since 2016.

Check out our Top-50 Investing Podcast, The Wealth Elevator.

Hosted on Acast. See acast.com/privacy for more information.

📚 Unlock the secrets to building wealth! My book and 12-module Masterclass cover everything I’ve learned about passive investing and creating financial freedom. Watch it on-demand for FREE: http://thewealthelevator.com/master

🤝 Join the Hui Deal Pipeline Club and get a one-on-one call with me to discuss your investment goals: https://thewealthelevator.com/club

Lane interviews economist Richard Duncan (author of The Dollar Crisis and The Money Revolution and publisher of Macro Watch) about how ending the gold standard in 1971 shifted capitalism into “creditism,” enabling massive US trade deficits, disinflation, falling rates, and explosive growth in debt and Fed balance sheet expansion that prevented depressions in 2008 and during COVID. Duncan contrasts post-2008 low inflation with post-COVID inflation driven by supply-chain blockages, and argues credit-driven liquidity has inflated asset valuations while accelerating AI breakthroughs and fueling China’s rise via persistent US deficits. They discuss the US–China AI and defense race, energy and nuclear power needs, and risks from higher inflation and rates amid stretched valuations. Duncan introduces “cognitism,” a coming system driven by exponentially expanding AI intelligence, and highlights sectors tied to AI, semiconductors, energy, data centers, robotics, and defense, plus key macro indicators to watch.

00:00 Meet Richard Duncan

00:44 Macro Watch Discount

01:03 From Gold to Creditism

05:09 Why Old Theories Fail

06:28 Credit Growth and 2008

08:31 COVID QE and Inflation

10:54 Debt Wealth and AI Boom

14:00 China AI Arms Race

17:12 Energy Nuclear and Chips

22:07 Stretched Valuations Risks

31:58 Cognitism Explained

37:36 AI Skills and Sectors

41:13 What to Watch Next

47:40 Wrap Up and Subscribe

Connect with me:

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

Facebook: https://www.facebook.com/TheWealthElevator

Instagram: https://www.instagram.com/TheWealthElevator

Lane Kawaoka is a developer and multi-family syndicator who owns 10,000+ rental units and is the leader of “Hui Deal Pipeline Club” which has acquired over $2.1 Billion AUM of real estate by syndicating over $200 Million Dollars of private equity and most importantly distributed more than $45M back to our investors since 2016.

Check out our Top-50 Investing Podcast, The Wealth Elevator.

Hosted on Acast. See acast.com/privacy for more information.

📚 Unlock the secrets to building wealth! My book and 12-module Masterclass cover everything I’ve learned about passive investing and creating financial freedom. Watch it on-demand for FREE: http://thewealthelevator.com/master

🤝 Join the Hui Deal Pipeline Club and get a one-on-one call with me to discuss your investment goals: https://thewealthelevator.com/club

The speaker reviews real-life (anonymized) multifamily deal examples to help investors spot misleading underwriting and marketing tactics. Key topics include “manufactured” IRR boosts from aggressive refinance assumptions, unrealistic exit/reversion cap rates (and the difficulty LPs have validating prevailing market cap rates), and mismatches between large CapEx plans and modest rent-bump projections that may signal weak market fundamentals or hidden reserves. They discuss how cap rate compression can inflate paper returns despite being uncontrollable, why comparing discounts to 2021 pricing can be irrelevant, and how debt structure (fixed vs floating, term length, IO, extensions, prepayment penalties) affects refinance and exit risk. Additional red flags include preferred equity ahead of common equity, side-letter complications in the capital stack, and early distributions funded from reserves rather than operations, which can mask weak DSCR.

00:00 Cap Rate Question Setup

00:42 Market Shift Overview

01:21 Manufactured IRR Tricks

03:32 Reversion Cap Rate Games

04:22 Finding Real Cap Rates

07:34 Rent Bumps Vs CapEx

09:35 Discount Hype Reality

10:48 Cap Rate Cycle Bets

11:58 Debt Structure Risks

13:24 Stacking Red Flags

14:54 Preferred Equity Ahead

17:23 Return Of Capital Trap

19:11 DSCR And Fake Cashflow

20:28 Cap Compression Review

21:53 AI Deal Checklist

24:52 Capital Stack Exceptions

26:25 Final Q And Wrap

Connect with me:

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

Facebook: https://www.facebook.com/TheWealthElevator

Instagram: https://www.instagram.com/TheWealthElevator

Lane Kawaoka is a developer and multi-family syndicator who owns 10,000+ rental units and is the leader of “Hui Deal Pipeline Club” which has acquired over $2.1 Billion AUM of real estate by syndicating over $200 Million Dollars of private equity and most importantly distributed more than $45M back to our investors since 2016.

Check out our Top-50 Investing Podcast, The Wealth Elevator.

Hosted on Acast. See acast.com/privacy for more information.

📚 Unlock the secrets to building wealth! My book and 12-module Masterclass cover everything I’ve learned about passive investing and creating financial freedom. Watch it on-demand for FREE: http://thewealthelevator.com/master

🤝 Join the Hui Deal Pipeline Club and get a one-on-one call with me to discuss your investment goals: https://thewealthelevator.com/club

The episode features Jack Raines, author of “Young Money,” discussing how growing up with money provides insider knowledge about elite career paths, target schools, networks, and promotion moves that can lead to high incomes, while students from poorer backgrounds often must choose safer banking or consulting roles to repay large loans and can’t take startup risks. Raines shares his own path from South Georgia and Mercer University football to Columbia Business School and venture capital, emphasizing education, early “prestige stamps,” and intentional living that matches life stages. The conversation explores status pressure on wealthy kids, anxiety and expectations in elite environments, and how socioeconomic differences can complicate relationships and marriage. It closes with Raines promoting his book and the host warning investors to avoid inexperienced operators by relying on trusted networks and semi-institutional sponsors.

00:00 Money Game Secrets

01:22 Meet Jack Raines

03:01 Small Town to VC

03:51 Entrepreneur Family Roots

06:58 Prestige and Network

09:49 Leaving the Southeast

11:31 Target Schools Reality

13:11 MBA as Golden Ticket

15:04 Pedigree for Family Firms

17:21 Spectrum of Wealth

18:32 Rich vs Poor Options

21:24 Capital and Quarters

22:36 Merit and Social Circles

25:39 Status Pressure on Rich

27:19 High Achiever Burnout

27:59 Pressure of Privilege

29:03 Expectations and Happiness Gap

30:18 New York Norms Shift

31:39 Parents and Independence

32:59 Stage Specific Living

35:30 Funding Kids Choices

37:59 Socioeconomic Marriage Friction

43:01 Money Mindsets in Couples

45:08 Young Money Plug

47:25 FOOM Investing Lessons

51:16 Community and Relationships

Connect with me:

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

Facebook: https://www.facebook.com/TheWealthElevator

Instagram: https://www.instagram.com/TheWealthElevator

Lane Kawaoka is a developer and multi-family syndicator who owns 10,000+ rental units and is the leader of “Hui Deal Pipeline Club” which has acquired over $2.1 Billion AUM of real estate by syndicating over $200 Million Dollars of private equity and most importantly distributed more than $45M back to our investors since 2016.

Check out our Top-50 Investing Podcast, The Wealth Elevator.

Hosted on Acast. See acast.com/privacy for more information.

Do a cost seg go to theWealthElevator.com/costseg

Lane hosts a monthly investor “lunch and learn” webinar replay on cost segregation with guest AJ Lyons of DIY Cost Seg, explaining how cost seg reclassifies non-structural property components into shorter 5- and 15-year lives to accelerate depreciation versus standard 27.5-year (residential) or 39-year (commercial) schedules, often pulling a significant portion of deductions into year one, especially when 100% bonus depreciation applies. They discuss who benefits (rental owners, short-term rentals, commercial, value-add renovations), timing (including doing studies after purchase via amended returns or Form 3115), CPA coordination, potential use cases like short-term rental material participation or real estate professional status, depreciation recapture considerations, pricing and fast report delivery, and audit defensibility and optional audit support. Lane also announces an accredited investor retreat Jan 15–17, 2027 and directs viewers to thewealthelevator.com/costseg and related resources.

00:00 Depreciation Big Picture

00:56 Retreat And Webinar Intro

02:15 Lunch And Learn Setup

03:37 Cost Seg Basics Explained

06:27 Bonus Depreciation And CPA Fit

09:39 Not A Loophole History

17:35 Who Benefits And Pricing

21:11 Fast DIY Process Walkthrough

23:26 Audit Risk And Support

28:01 Timing And Catch Up Rules

30:24 Q And A Recapture Value

38:39 Wrap Up And Next Steps

Hosted on Acast. See acast.com/privacy for more information.

📚 Unlock the secrets to building wealth! My book and 12-module Masterclass cover everything I’ve learned about passive investing and creating financial freedom. Watch it on-demand for FREE: http://thewealthelevator.com/master

🤝 Join the Hui Deal Pipeline Club and get a one-on-one call with me to discuss your investment goals: https://thewealthelevator.com/club

In this webinar, asset protection attorney Douglass Lodmell explains how investors and high-liability professionals should structure entities to reduce exposure, contrasting inside vs. outside liability and why LLCs are commonly used to hold rental properties. He discusses when to silo “dirty” assets like rentals and operating businesses, noting janitorial or similar high-risk businesses are typically kept separate and often run as an LLC taxed as an S-corp, while safer assets (brokerage accounts, stocks/bonds, many LP interests) can sit under a holding company such as an asset management limited partnership (AMLP). Lomel gives a rule-of-thumb of roughly $250k–$500k equity per rental-property LLC and emphasizes insurance as the primary defense. He explains why passive LP investors generally have no personal liability beyond their investment, outlines jurisdiction choices for LLCs vs. holding companies, and details adding an asset protection trust—favoring a hybrid “bridge trust” that can convert offshore if needed—along with considerations for homes, life insurance, crypto, and avoiding fraudulent transfers and tax-scheme promoters.

00:00 LP Liability Shield

00:35 Webinar Setup

01:18 LLCs and Liability Types

02:57 Why Passive LPs Win

04:21 Building a Holding Structure

07:28 Best States for Entities

09:20 How Many Properties per LLC

13:45 Siloing LP Interests

18:02 Dirty Assets and Side Silos

20:25 Doctor Lawsuit Scenario

21:40 Single Member LLC Tax Simplicity

23:55 Trust Layer and Collection Defense

27:03 Discovery Costs Reality

27:48 Settlement Leverage Assets

30:21 Negotiation Trump Card

34:15 Trust Options Offshore

38:04 Bridge Trust Sweet Spot

40:57 Layering LLCs Over Time

42:10 Insurance And Homestead

47:24 Crypto Placement Protection

49:17 Finding Hidden Crypto

51:30 Avoid Tax Trust Scams

55:12 Wrap Up And Contact

Connect with me:

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

Facebook: https://www.facebook.com/TheWealthElevator

Instagram: https://www.instagram.com/TheWealthElevator

Lane Kawaoka is a developer and multi-family syndicator who owns 10,000+ rental units and is the leader of “Hui Deal Pipeline Club” which has acquired over $2.1 Billion AUM of real estate by syndicating over $200 Million Dollars of private equity and most importantly distributed more than $45M back to our investors since 2016.

Check out our Top-50 Investing Podcast, The Wealth Elevator.

Hosted on Acast. See acast.com/privacy for more information.