ABOUT HOSTS

Joe Anderson
ABOUT Joseph

As CEO and President, Joe Anderson has created a unique, ambitious business model utilizing advanced service, training, sales, and marketing strategies to grow Pure Financial Advisors into the trustworthy, client-focused company it is today. Pure Financial, a Registered Investment Advisor (RIA), was ranked 153 out of 715 RIA’s nationwide by total assets under management by [...]

Alan Clopine
ABOUT Alan

Alan Clopine is the CFO & Chairman of the Board of Pure Financial Advisors. He has been an executive leader of the Company for over a decade. As CFO he is responsible for the financial operations of the company as well as investor relations. Alan joined the firm in 2008, about one year after it [...]

Joe and Al discuss seven ways to create tax-free income: investing in municipal bonds, selling your home, renting your home, moving to a tax-free state, using a 529 plan, HAS plan and doing a reverse mortgage.


0:08 “Did you know that California municipal bonds are 100% tax-free, meaning that the interest income that you earn from them (as long as you’re a California resident) won’t require you to pay taxes?”

0:20 “If you have a residence that you’ve lived in for at least two out of the last five years, if you’re single you get to exclude up to $250,000 of gain; if you’re married you get to exclude up to $500,000 of gain”

1:07 “You can move to a tax-free state, not federal tax-free but state tax-free. What are those tax-free states? Nevada, Washington, Texas, Florida, Wyoming, South Dakota, Tennessee, New Hampshire and Alaska”

1:44 “You can take money out of the equity of your home and create some tax-free income there as well”

1:49 “There are multiple ways to create tax-free income; it’s about putting all these things together to see what’s going to make sense for you. Map these things out and you’re going to make your money grow that much longer if you cut the middle man [Uncle Sam] out”