Angel Flights. Tennessee.
Let’s Talk Angel Flight Missions:
April was a busy month for angel flights, as I was able to
meet my goal of flying one flight a week!
So,
I flew sporadically on and off, mostly off, until I was 40. At age 40, I
started flying in earnest again, and at age 44, we bought our first airplane.
A
little Cherokee 180, four-passenger airplane, single-engine. I told my wife, “That
airplane will serve our family for a long time, great little airplane.” Well…
four planes later, here we are.
The angel flights allow me to get into the air, clear my head of all
the noise, think about how to fly all my passengers safely, and also be
able to help those in need.
What
is an angel flight, you might ask. It’s flying people in need of long-distance
medical treatment free of charge. The organizations do not pay us as we supply
the airplane, fuel, and the time. Those of us who do this love to fly and love
to help people, and I feel blessed to be able to serve people in need.
I have always told the folks that I fly that I
would much rather be up in my seat than back in their seat, as they are going
to places they have never been before. Facing an unknown outcome, the least we
can do is get them there and back home safely.
What
Else Do I Do For Fun?
In
the previous newsletter, I talked about horses. This time, I have a much more
mild story…
I
love taking Barb and the horses to Jamestown, Tennessee. We normally go for a
week in our horse trailer/living quarters.
In
April, we loaded the horses up and took off to Tennessee, and we had a
fantastic week riding, relaxing, and spending quality time together.
Question for all of you.
How often do you spend quality time
with your spouse?
Besides
your children, your spouse is your most important ally. In my view, you should be spending as much time as you can with your
spouse. Just my two cents, but I sure love spending time with Barb. And
if that means I have to get on the back of a horse to do it, I’m happy to do
so.
Let’s Talk Business:
We
had three substantial farmland real estate auctions in the month of March.
Therefore, April was spent getting these transactions closed.
Thankfully I can
report that all three transactions closed
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I
pride myself on having no-drama real estate closings. When
we receive the settlement statement from the title company, I send it to my
clients. Every item, whether an income or an expense, is color-coded with an
explanation.
So,
when my client gets to the closing table, there is no question about how much
money they need to bring, or how much money they are receiving.
Occasionally,
I’m teased about how detailed I am; however, I have never had anyone get to the
closing table that was confused.
How can Brad Help Your Clients:
If
you have clients unsure of what to do with their inherited farmland or a
building depreciated out, that’s right in my wheel house.
As
usual, the first thing that needs to happen is receive a good value on the
asset.
Not a pie-in-the-sky value, but an attainable realistic value of the
asset. Once
you have that value, everyone is playing on the same playing field. The clients’
attorneys and accountants need to be brought into play. So they fully
understand their tax ramifications.
It's
not fun for your client or for yourself to get a notice from Uncle Sam six
months after a successful real estate closing that you have to give 30-40% of
it back to the government.
If
you’re going to do that, that’s fine, but it’s always good to know it upfront.
- Brad Neihouser
765-427-5052
bneihouser@shook.com
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