WEBVTT 1 00:00:00.400 --> 00:00:10.439 Yeah, ripped up, didn't need advice, so you don't have. 2 00:00:12.679 --> 00:00:15.080 Come running. Just as fast as we can. 3 00:00:16.359 --> 00:00:18.640 Shooter's gonna help come. 4 00:00:18.879 --> 00:00:27.440 Man Dix's The Troubleshooter Show. No Tom Martino, Hello. 5 00:00:27.320 --> 00:00:33.399 Tom Martino, here fighting for you, going on forty five years, 6 00:00:33.439 --> 00:00:37.759 same radio show, same person, same action. I got some 7 00:00:37.880 --> 00:00:40.799 other people helping me out as usual. They're great people 8 00:00:41.320 --> 00:00:45.479 and they're all ready to do it. We love taking 9 00:00:45.560 --> 00:00:48.920 retired executives, retired or people who are still active even 10 00:00:49.560 --> 00:00:52.000 and putting them to work for us and for you. 11 00:00:52.560 --> 00:00:56.320 We also have lawyers and doctors and accountants and experts. 12 00:00:56.600 --> 00:00:59.759 That's what we do here today. In addition to everything else, 13 00:00:59.799 --> 00:01:06.719 will be talking about solar. Solar is misunderstood. A lot 14 00:01:06.719 --> 00:01:08.560 of people think, well, that may not be a good 15 00:01:08.560 --> 00:01:13.840 option anymore. We'll talk about that. I'm also talking about scams. 16 00:01:15.480 --> 00:01:16.599 I can't believe that. 17 00:01:16.760 --> 00:01:18.120 So this is. 18 00:01:20.040 --> 00:01:25.239 Scams are the most ridiculous things, and yet it is 19 00:01:25.280 --> 00:01:30.000 the number one reason people are losing money. It is absolutely, 20 00:01:30.159 --> 00:01:34.920 positively the biggest reason people are losing money. 21 00:01:35.640 --> 00:01:37.680 There are so many. 22 00:01:37.319 --> 00:01:45.640 People losing money life savings from scams, scams, and the 23 00:01:45.799 --> 00:01:50.079 biggest scam right now, Well, I don't know if it's 24 00:01:50.079 --> 00:01:53.319 the biggest. It's biggest for dollar amounts. It may not 25 00:01:53.400 --> 00:01:56.680 be biggest for the most people involved, but it's biggest 26 00:01:56.879 --> 00:01:57.879 for dollar amounts. 27 00:01:58.159 --> 00:02:00.159 Anybody want to take a guess on it? 28 00:02:00.319 --> 00:02:03.239 Uh, I would guess the biggest and dollar amounts would 29 00:02:03.280 --> 00:02:07.519 be the people who file fraudulent titles to your home 30 00:02:07.840 --> 00:02:11.759 and then they take out ginormous loans against your equity. 31 00:02:12.280 --> 00:02:16.639 Now it's probably the most prophet title title theft is 32 00:02:16.680 --> 00:02:19.159 one of the lowest forms of fraud there is. Oh, 33 00:02:19.560 --> 00:02:23.879 how about per event romance scams? 34 00:02:23.960 --> 00:02:29.879 Number one about people calling older people and impersonating you 35 00:02:29.960 --> 00:02:30.280 know what. 36 00:02:30.479 --> 00:02:32.120 I didn't have that on my list. I got to 37 00:02:32.159 --> 00:02:37.159 do that. That's called the grand parent scam. The grandparent 38 00:02:37.280 --> 00:02:42.439 scam is where someone calls up. It's amazing how grandparents. 39 00:02:45.120 --> 00:02:47.759 I don't know how they fall for it. So somebody 40 00:02:47.800 --> 00:02:50.560 simply calls and says grandma, and they. 41 00:02:50.400 --> 00:02:51.520 Say is this you harry? 42 00:02:53.000 --> 00:02:56.719 And then yes it is, and then they they impersonated 43 00:02:56.719 --> 00:02:59.159 a grandson or a granddaughter in trouble. Oh, I've never 44 00:02:59.199 --> 00:03:02.439 heard of a granddaughter. I imagine it happens. They impersonate 45 00:03:02.520 --> 00:03:03.479 somebody in trouble. 46 00:03:04.199 --> 00:03:05.639 They're in Mexico and jail. 47 00:03:05.680 --> 00:03:09.879 My uncle got tom My uncle got scammed out of 48 00:03:09.960 --> 00:03:14.520 thirty thousand dollars from that, yes, six years ago. 49 00:03:14.680 --> 00:03:15.759 It was really bad. 50 00:03:15.840 --> 00:03:19.919 They called and they acted like they knew his nieces, 51 00:03:20.000 --> 00:03:21.240 and he said, is. 52 00:03:21.240 --> 00:03:23.319 That my niece Joe Anne? 53 00:03:23.599 --> 00:03:23.840 Yes? 54 00:03:23.960 --> 00:03:27.560 Yes, So they they glombed onto the name and he 55 00:03:27.599 --> 00:03:30.560 went to the bank and withdrew practically his life savings 56 00:03:30.560 --> 00:03:34.000 and Western Union to some place in Mexico. 57 00:03:34.879 --> 00:03:37.039 Hey, give us a call if you've been scammed. Of 58 00:03:37.039 --> 00:03:40.759 course you can call us with any problem, question or complaint. 59 00:03:41.520 --> 00:03:48.159 But basically, deputy Doc hit. It the biggest scam. They 60 00:03:48.240 --> 00:03:50.879 call it. You know what the nickname is in the 61 00:03:50.919 --> 00:03:53.560 scam world for this, butchering pigs. 62 00:03:55.199 --> 00:03:59.159 They call it butchering pigs. And it's a. 63 00:03:59.159 --> 00:04:05.479 Terrible name, but or pig bookscher, bookscher butchering. Now, what 64 00:04:05.479 --> 00:04:12.719 what they do is they basically feine interest in you, 65 00:04:14.599 --> 00:04:19.040 they call it. And when they feign interest in you, 66 00:04:19.040 --> 00:04:23.399 you get interested in them. They start exchanging emails and 67 00:04:23.480 --> 00:04:28.959 eventually they ask for money, money to come see you, 68 00:04:29.879 --> 00:04:35.639 or money to get married. Unbelievable, but it's one. It's 69 00:04:35.680 --> 00:04:40.639 one of the very most common scams. And uh, it's terrible. 70 00:04:41.519 --> 00:04:45.079 Tom treats me about these. I get a lot of 71 00:04:45.079 --> 00:04:49.000 these on the AARP line, and what amazes me is 72 00:04:49.040 --> 00:04:54.360 that people don't understand reality. You have thirty You have 73 00:04:54.680 --> 00:04:58.040 fifteen sixty year old men and women who get involved 74 00:04:58.560 --> 00:05:02.199 with people who are thirty years younger than them, who 75 00:05:02.199 --> 00:05:07.720 are overseas and never ever talk to them or face 76 00:05:07.759 --> 00:05:11.759 time them, and they have no reality testing mechanisms. 77 00:05:11.959 --> 00:05:12.879 They don't understand. 78 00:05:13.000 --> 00:05:16.199 Yeah, but don't let don't let don't let a FaceTime 79 00:05:16.319 --> 00:05:19.480 or a zoom be the deciding factor because they know 80 00:05:19.560 --> 00:05:20.639 how to fake those two. 81 00:05:20.800 --> 00:05:23.680 No, But what they don't they don't realize is that 82 00:05:23.720 --> 00:05:26.279 if you're a fifty five year old man or woman, 83 00:05:26.720 --> 00:05:30.639 there's no twenty eight year old model or a special 84 00:05:31.480 --> 00:05:33.319 Forces person that's going. 85 00:05:33.319 --> 00:05:34.120 To be interested in you. 86 00:05:34.480 --> 00:05:37.519 If they're rich, they would be, But these aren't rich people. 87 00:05:41.319 --> 00:05:42.959 And I can tell them to look as well. 88 00:05:45.240 --> 00:05:48.079 I'm well, look, there are a lot of people. Think 89 00:05:48.439 --> 00:05:52.199 now listen, I got a text here saying that scammers 90 00:05:52.240 --> 00:05:57.000 are shameless. They're vicious, heartless, greedy sociopaths. 91 00:05:57.759 --> 00:05:59.800 You know, Mark, do you remember we talked to one 92 00:05:59.839 --> 00:06:04.519 on air and he actually told us. 93 00:06:04.560 --> 00:06:07.079 Actually I didn't find him that way. I'll tell you 94 00:06:07.120 --> 00:06:09.000 how I found him. I found him like it was 95 00:06:09.079 --> 00:06:13.040 a job. He would split I think forty percent, he'd 96 00:06:13.040 --> 00:06:15.920 get forty percent of his take. And he would show 97 00:06:16.040 --> 00:06:18.199 up at an office and they were I think they 98 00:06:18.199 --> 00:06:22.000 were in Jamaica, and he was just like very matter 99 00:06:22.040 --> 00:06:25.120 of fact. It's not like I'm just screwing people. It's 100 00:06:25.160 --> 00:06:27.959 like a job. It's like selling an undercoatd a car. 101 00:06:28.240 --> 00:06:30.519 I mean, do these car dealers screw people when they 102 00:06:30.560 --> 00:06:32.959 try to sell you all the flim flam and the 103 00:06:33.000 --> 00:06:33.680 mop and glow. 104 00:06:33.759 --> 00:06:37.519 I don't know. No, No, we're talking. 105 00:06:37.879 --> 00:06:41.399 There's a difference between shady business practices and out and 106 00:06:41.439 --> 00:06:41.920 out skin. 107 00:06:42.079 --> 00:06:43.399 I agree, or just said. 108 00:06:43.480 --> 00:06:47.160 But in his mind that's what I believe. To him, 109 00:06:47.240 --> 00:06:51.079 that was just his job. He didn't personalize the people 110 00:06:51.120 --> 00:06:51.959 he was talking to. 111 00:06:53.519 --> 00:06:57.160 Ah, I'm bringing up the studio now, Brooke White's there 112 00:06:57.199 --> 00:07:05.000 from Red Rocks Roof and so Brook people. What's the 113 00:07:05.000 --> 00:07:09.079 biggest stumbling block to getting solar right now? I think 114 00:07:09.079 --> 00:07:10.680 it would be that they don't know they're going to 115 00:07:10.680 --> 00:07:13.680 stay in their house. But that's my guess. What is 116 00:07:13.759 --> 00:07:16.439 the what would be the biggest stumbling block? 117 00:07:18.439 --> 00:07:21.199 I think it depends on if you're talking residential or commercial. 118 00:07:21.720 --> 00:07:25.800 So let's talk residential. What's the biggest block to residential? 119 00:07:26.879 --> 00:07:28.279 Definitely the equity piece. 120 00:07:28.319 --> 00:07:29.959 I think, like you said, how long are they going 121 00:07:30.000 --> 00:07:33.519 to stay in their home and what's the sale value 122 00:07:33.720 --> 00:07:38.279 of the solar when they go? Because right, racing systems 123 00:07:38.360 --> 00:07:41.720 kind of destroyed that relationship with solar and realtors and 124 00:07:41.759 --> 00:07:42.920 it still hasn't recovered. 125 00:07:45.160 --> 00:07:47.959 What do you mean, what do you mean leasing solar? 126 00:07:48.240 --> 00:07:52.160 Yeah, so back in the early two thousands when solar 127 00:07:52.199 --> 00:07:54.399 was starting to get more popular, it's because they were 128 00:07:54.399 --> 00:07:57.120 doing leases. So if you bought a system, let's say 129 00:07:57.120 --> 00:07:59.800 from Tesla, Tesla would own the system. They would just 130 00:08:00.240 --> 00:08:02.959 sue it on your roof space for twenty years. 131 00:08:03.160 --> 00:08:05.480 Twenty five years, Yeah, twenty five years. 132 00:08:05.279 --> 00:08:07.079 And then after that they would come back and either 133 00:08:07.120 --> 00:08:09.800 take it or you would buy out the system. 134 00:08:09.920 --> 00:08:12.759 And so with that during that twenty five years, are 135 00:08:12.800 --> 00:08:14.800 you saying it impeded home sales? 136 00:08:15.079 --> 00:08:16.759 Yes, absolutely, there was a lot. 137 00:08:16.600 --> 00:08:20.519 Of issues with home sales if you leased a system. 138 00:08:21.000 --> 00:08:23.600 I can see that because if a new person didn't 139 00:08:23.600 --> 00:08:25.519 want to take it over, you couldn't leave it there. 140 00:08:25.920 --> 00:08:27.519 You'd have to take it with you, and that would 141 00:08:27.560 --> 00:08:28.560 be cost prohibitive. 142 00:08:28.920 --> 00:08:30.480 You couldn't take it with you because it was tied 143 00:08:30.519 --> 00:08:33.159 to that property. So you would have to either pay 144 00:08:33.200 --> 00:08:35.159 for it, continue to pay it, or. 145 00:08:35.279 --> 00:08:36.159 You pay it in full. 146 00:08:36.519 --> 00:08:36.799 Yep. 147 00:08:36.879 --> 00:08:40.960 So when you pay it in full early, can you 148 00:08:41.000 --> 00:08:42.200 get financing for it? 149 00:08:43.200 --> 00:08:45.320 For lease systems, you either have to pay it all. 150 00:08:45.399 --> 00:08:47.559 Well, wait a minute, that would be silly. You can't. 151 00:08:47.600 --> 00:08:50.200 You can't do that if you're leasing. If you are 152 00:08:50.320 --> 00:08:52.559 on a twenty five year lease and you're fifteen years 153 00:08:52.639 --> 00:08:54.960 into it or ten years into it and you sell 154 00:08:55.000 --> 00:08:57.679 your house, you couldn't take a loan out to pay 155 00:08:57.720 --> 00:09:01.360 for that because it's you know, there's nothing to secure it. 156 00:09:01.440 --> 00:09:03.720 I mean, you're selling the house with the solar system, 157 00:09:04.080 --> 00:09:04.879 So that's stupid. 158 00:09:05.320 --> 00:09:06.559 When I said, do they take. 159 00:09:06.440 --> 00:09:08.799 A loan so they have to take out of their 160 00:09:08.840 --> 00:09:11.279 celle proceeds enough money to pay off that lease? 161 00:09:12.039 --> 00:09:14.799 Sometimes they would, but even sometimes it wouldn't go through 162 00:09:15.480 --> 00:09:17.879 depending on who you leased it through. They weren't always 163 00:09:17.879 --> 00:09:20.679 the most cooperative companies either, from what I've heard. 164 00:09:21.080 --> 00:09:24.320 I mean, even if you wanted to pay them off, 165 00:09:26.080 --> 00:09:26.559 even if. 166 00:09:26.440 --> 00:09:27.639 You wanted to pay off the lease. 167 00:09:28.759 --> 00:09:31.159 This is just Hearsaye from what I've heard from realtors, 168 00:09:31.200 --> 00:09:33.919 this was a system that was put in place long 169 00:09:34.000 --> 00:09:37.279 before I started doing solar, so I'm not exactly sure 170 00:09:37.279 --> 00:09:39.759 on the specs. I just know that it did cause 171 00:09:39.879 --> 00:09:42.360 issues with sales of homes back in the day. 172 00:09:42.879 --> 00:09:45.000 Okay, yeah, no, I know it did. I know it did, 173 00:09:45.039 --> 00:09:48.240 and it was it was they were leases. When the 174 00:09:48.279 --> 00:09:50.639 new owner didn't want to take over the lease, the 175 00:09:50.679 --> 00:09:52.879 old owner had to pay it off and it came 176 00:09:52.919 --> 00:09:55.519 out of their cell proceeds. I mean, they just you know, 177 00:09:55.720 --> 00:09:56.840 they had to pay it off. 178 00:09:56.879 --> 00:09:59.919 It was. It was a contingent on them paying it off. 179 00:10:00.519 --> 00:10:03.879 And then what happens is the new owner gets it 180 00:10:03.919 --> 00:10:07.679 free and clear, and if you can get more for 181 00:10:07.759 --> 00:10:08.960 your house, you can try. 182 00:10:09.080 --> 00:10:11.480 But a lot of people won't pay more for solars. 183 00:10:11.519 --> 00:10:15.320 Some actually avoid solar, so it's really a weird situation. 184 00:10:15.519 --> 00:10:18.559 We all recognize solar to be good, but we do not, 185 00:10:20.039 --> 00:10:21.000 we truly do not. 186 00:10:22.919 --> 00:10:24.840 Believe that when we go out to buy a house. 187 00:10:25.960 --> 00:10:29.080 All right, I want to talk to you about waterpros 188 00:10:29.120 --> 00:10:34.879 dot net, the best water systems, the lowest prices, forever chemicals, plastics, chlorine, 189 00:10:35.320 --> 00:10:38.240 take out of your house and you get a beautiful 190 00:10:38.240 --> 00:10:40.960 system for thirty nine to ninety five and that will 191 00:10:40.960 --> 00:10:44.440 include drinking water at the kitchen sink. No one, and 192 00:10:44.519 --> 00:10:47.000 I mean no one does this deal. Three zero three 193 00:10:47.120 --> 00:10:50.679 eight six two five five five four Waterpros dot net 194 00:10:57.679 --> 00:11:00.519 go with a sure thing Denver's Best roof for Excel 195 00:11:00.639 --> 00:11:01.639 Roofing dot com. 196 00:11:01.679 --> 00:11:03.720 You don't pay a cent until you're content. 197 00:11:07.080 --> 00:11:10.279 Time for an insurance check up free no obligation comparison 198 00:11:10.399 --> 00:11:13.960 call Compass Insurance paying too much your coverage at dozens 199 00:11:13.960 --> 00:11:16.720 of insurance companies find out now three all three seven 200 00:11:16.799 --> 00:11:19.600 seven to one help. You'll think you're his only customer 201 00:11:19.639 --> 00:11:21.919 when you choose Frank durand the real estate Man dot 202 00:11:21.919 --> 00:11:25.279 com to list your home with Remax Alliance three oh 203 00:11:25.279 --> 00:11:32.679 three nine two zero sixteen twenty two. Hey Tom Martino 204 00:11:32.799 --> 00:11:36.279 here three oh three seven one three talks seven one 205 00:11:36.320 --> 00:11:40.240 three eight two five five. It's interesting looking at these 206 00:11:41.320 --> 00:11:42.399 scams that go on. 207 00:11:43.480 --> 00:11:45.799 I mean, there are so many of them. 208 00:11:45.919 --> 00:11:48.879 And uh, I'm getting a lot of texts about it. 209 00:11:49.799 --> 00:11:53.360 And you can text me at seven four seven nine 210 00:11:53.440 --> 00:11:56.759 nine nine fifty two eighty or through iHeart at the 211 00:11:56.799 --> 00:11:59.799 short code five seven seven three nine Put Tom in there, 212 00:12:01.120 --> 00:12:05.039 get to me. Somebody says, I find paranoia to be 213 00:12:05.200 --> 00:12:11.399 very useful with all online interactions. The worst part of 214 00:12:11.440 --> 00:12:16.000 it is valid organizations that use the same methods online 215 00:12:16.399 --> 00:12:21.240 end up being victims. Another said, repeat after me, No 216 00:12:21.279 --> 00:12:25.120 matter what they say, there is no reason to give 217 00:12:25.360 --> 00:12:29.240 my money to someone I only know through the Internet. 218 00:12:29.399 --> 00:12:33.519 You'd be shocked how many people they pay so much 219 00:12:35.399 --> 00:12:39.159 and so over the years, I put together some of 220 00:12:39.240 --> 00:12:43.960 these scams, and there are so many of them that 221 00:12:44.039 --> 00:12:49.960 I put together, so many and the tech scam that 222 00:12:50.159 --> 00:12:55.679 is really the PC tech scam. So what they do 223 00:12:55.919 --> 00:12:59.759 is they get you get up, your computer freezes up, 224 00:13:00.159 --> 00:13:03.200 or you call for support, or they call you and 225 00:13:03.240 --> 00:13:06.919 they say they're from Microsoft and they want to gain 226 00:13:06.960 --> 00:13:10.000 access to your computer. It's all part of a phishing scam. 227 00:13:10.360 --> 00:13:14.759 But these PC tech scams, oh my god, it's amazing 228 00:13:14.799 --> 00:13:15.399 what people do. 229 00:13:15.840 --> 00:13:17.879 Some of these older people let them into their. 230 00:13:17.720 --> 00:13:24.120 Computer and then everything, every dime they've ever had is gone, 231 00:13:24.639 --> 00:13:29.279 just gone, because someone went into their bank account. It's 232 00:13:29.639 --> 00:13:32.759 it's hard to believe, but it happens all the time. 233 00:13:34.120 --> 00:13:38.519 Called screener, let's go to Shelley. Hi, Shelley, you were 234 00:13:38.519 --> 00:13:42.440 working with Deputy d and this was an RV issue. 235 00:13:43.120 --> 00:13:44.320 How long ago was this one? 236 00:13:44.559 --> 00:13:46.360 Shelley first called a April third. 237 00:13:47.000 --> 00:13:51.200 April third, Okay, so what was the original problem with Shelle? 238 00:13:52.039 --> 00:13:53.679 Any of you, Shelley or d. 239 00:13:55.279 --> 00:13:55.519 Tom. 240 00:13:55.559 --> 00:14:01.120 Shelley called in because because she lived in an RV 241 00:14:01.200 --> 00:14:04.159 which was parked in the street and then Denver came 242 00:14:04.200 --> 00:14:07.720 and towed it away, and Shelley does not want the 243 00:14:07.799 --> 00:14:12.399 RV back, but she wanted some more time to remove 244 00:14:12.440 --> 00:14:14.559 some of her personal belongings from the RV. 245 00:14:14.679 --> 00:14:16.639 So she went to the impound yard. 246 00:14:16.679 --> 00:14:17.639 I remember this. 247 00:14:17.799 --> 00:14:21.600 Yeah, she gained access to the RV, but she felt 248 00:14:21.600 --> 00:14:22.679 like she wasn't given enough. 249 00:14:22.799 --> 00:14:25.720 She was given fifteen minutes, and she said, that's not fair. 250 00:14:26.080 --> 00:14:30.240 I thought. The sheriff's department said she was there for 251 00:14:30.240 --> 00:14:31.000 more than an hour. 252 00:14:31.200 --> 00:14:33.639 Yeah, So I spoke with the sheriff's department. They checked 253 00:14:33.639 --> 00:14:37.200 their records. They claimed that she was there for an 254 00:14:37.279 --> 00:14:40.600 hour before they finally kicked her out. So I asked 255 00:14:40.600 --> 00:14:44.279 the sheriff's office to please get her, give her another 256 00:14:44.399 --> 00:14:47.080 chance to come in for a fifteen minute interval and 257 00:14:47.200 --> 00:14:50.559 grab her stuff. And the sheriff's department said, yeah, that's fine, 258 00:14:50.960 --> 00:14:53.919 she can come back. She'll be supervised by a deputy, 259 00:14:53.919 --> 00:14:57.960 which is their policy, and she'll have fifteen minutes. And 260 00:14:58.080 --> 00:15:00.919 so I called Shelley a few days after that initial 261 00:15:00.919 --> 00:15:01.759 phone call from her. 262 00:15:02.080 --> 00:15:02.759 We discussed. 263 00:15:02.919 --> 00:15:04.720 I asked her to come up with a plan, like 264 00:15:05.000 --> 00:15:06.960 figure out what she wants to get, how she's going 265 00:15:07.000 --> 00:15:09.399 to get it in fifteen minutes and be in and 266 00:15:09.399 --> 00:15:13.519 out and and that's it. So now Shelley's calling because 267 00:15:13.679 --> 00:15:15.639 I assume show he kind of hit a snag. 268 00:15:15.360 --> 00:15:16.440 In that plan and something. 269 00:15:16.440 --> 00:15:18.519 Well did they let you back, Shelley? 270 00:15:19.600 --> 00:15:22.879 And well, they did, but they only they said one 271 00:15:22.919 --> 00:15:25.639 of only one of us to go in My roommings 272 00:15:25.639 --> 00:15:29.000 went in and I was sitting in the car and 273 00:15:29.759 --> 00:15:31.799 I opened the door and he said, you do not 274 00:15:31.840 --> 00:15:34.440 supposed to see her? They said one. They said only 275 00:15:34.480 --> 00:15:36.559 one of you can go in. I didn't enter it. 276 00:15:36.879 --> 00:15:39.759 They kind of live on in there, not even five minutes. 277 00:15:39.799 --> 00:15:42.759 But he also found that a lot of our stuff 278 00:15:42.919 --> 00:15:45.840 was stolen. My jewelry box, while all the drawers were missing, 279 00:15:46.159 --> 00:15:49.600 the power tools were missing, you know, you know, I mean, 280 00:15:49.639 --> 00:15:51.679 both of us know what we had in there, but 281 00:15:51.799 --> 00:15:55.360 I don't know who hereinning packed us too much. I 282 00:15:55.440 --> 00:15:59.039 understanding they didn't even enter it for thirty days. After 283 00:15:59.080 --> 00:16:07.559 the thirty days, the inventory is right, and so's Sheriff's 284 00:16:07.559 --> 00:16:13.120 impound as my friends here. 285 00:16:13.200 --> 00:16:17.159 Yeah, so I'm not sure of the process. Are they 286 00:16:17.240 --> 00:16:19.039 supposed to get personal property back? 287 00:16:19.759 --> 00:16:22.679 Yes, they do have a policy of allowing people in. 288 00:16:23.200 --> 00:16:24.879 I mean, what is the law on it, you know, 289 00:16:25.559 --> 00:16:26.159 I don't. 290 00:16:25.919 --> 00:16:28.480 Think there is a law. I wasn't able to find 291 00:16:28.639 --> 00:16:29.240 any law. 292 00:16:29.840 --> 00:16:30.159 It is. 293 00:16:30.240 --> 00:16:33.919 It appears to be the Denver Sheriff's office policy. And 294 00:16:34.120 --> 00:16:39.200 they do allow one person in and you've got fifteen minutes. 295 00:16:39.879 --> 00:16:43.600 And my understanding is they only allow you one event 296 00:16:43.799 --> 00:16:45.559 like that and after that you're done. 297 00:16:45.679 --> 00:16:47.120 You either bail out your. 298 00:16:47.080 --> 00:16:50.919 RV or you abandon it with the Sheriff's office. So 299 00:16:51.120 --> 00:16:54.320 I'm not surprised to hear Shelley say that they would 300 00:16:54.320 --> 00:16:57.320 not allow her and her roommate to enter the RV. 301 00:16:58.399 --> 00:17:01.080 And I'm also not surprised to hear that a bunch 302 00:17:01.120 --> 00:17:04.920 of stuff had been stolen. So whether it got stolen, 303 00:17:05.519 --> 00:17:08.680 you know, before the before the RV got towed, or 304 00:17:08.880 --> 00:17:11.640 while it was at the Sheriff's department, I don't doubt 305 00:17:11.720 --> 00:17:14.640 that stuff was stolen. I doubt that there is anything 306 00:17:14.640 --> 00:17:17.359 that the sheriff's office is going to do about stolen 307 00:17:17.400 --> 00:17:20.680 stuff though, I. 308 00:17:20.680 --> 00:17:23.400 Don't think so. 309 00:17:23.559 --> 00:17:24.880 We know what we've been there. 310 00:17:26.359 --> 00:17:28.480 Yeah, but I don't think who are you going to blame? 311 00:17:28.680 --> 00:17:32.759 They're going to deny it. I mean, this is this 312 00:17:32.880 --> 00:17:36.839 is almost an unwinnable situation when people say this. Now, 313 00:17:36.960 --> 00:17:43.880 towing companies in Colorado must release certain essential items without 314 00:17:43.960 --> 00:17:51.480 any payment whatsoever. Prescription meds, medical equipment, child restraint systems, 315 00:17:51.920 --> 00:17:56.680 credit cards and cash, state or federal issued identifications in 316 00:17:56.720 --> 00:18:00.640 your wallet, and cell phones. That's the only, well not 317 00:18:00.799 --> 00:18:02.799 the only, but that those are some of the things 318 00:18:02.799 --> 00:18:06.519 they must release. The items must be released upon demand 319 00:18:07.079 --> 00:18:11.119 during business hours, and that is during the first twenty 320 00:18:11.119 --> 00:18:14.440 four hours of the of the tow with an hour's 321 00:18:14.480 --> 00:18:17.799 notice outside of business hours. 322 00:18:17.920 --> 00:18:21.400 Yeah, so that's that, with one hour's note. What's that mark? 323 00:18:21.680 --> 00:18:22.480 I mean, that's that. 324 00:18:22.759 --> 00:18:25.359 It's it that twenty four hours has coming gone a 325 00:18:25.359 --> 00:18:27.920 long time ago for them to have to release anything. 326 00:18:28.000 --> 00:18:31.519 But yeah, but gentlemen, keep in mind that law does 327 00:18:31.559 --> 00:18:35.559 not apply in this case. Why because this vehicle was 328 00:18:35.599 --> 00:18:39.519 impounded by the Sheriff's office. Oh yeah, touch company. So 329 00:18:39.559 --> 00:18:44.039 it's it's in the Denver impound yard. Oh, and I 330 00:18:44.079 --> 00:18:49.160 could find no law that addresses Denver's responsibility with regard 331 00:18:49.240 --> 00:18:52.920 to the vehicle owner or occupant. So that's why we 332 00:18:52.960 --> 00:18:56.920 looked at Denver Sheriff's department policy, which was explained to 333 00:18:56.920 --> 00:18:59.559 me in great detail, and it's a very simple policy 334 00:18:59.640 --> 00:19:01.480 and it's exactly what I just told you. 335 00:19:02.519 --> 00:19:05.240 So did you end up so you and a lot 336 00:19:05.279 --> 00:19:07.839 of the stuff was stolen? Is that what you're telling us? 337 00:19:08.119 --> 00:19:10.880 Well, and then it wasn't a lot that it was 338 00:19:11.079 --> 00:19:14.640 on his power tools my jewelry, right. 339 00:19:14.519 --> 00:19:17.960 And so are you accusing the Sheriff's department of stealing 340 00:19:18.000 --> 00:19:19.200 it or who? 341 00:19:19.720 --> 00:19:21.160 Or people at the impound yard? 342 00:19:21.240 --> 00:19:21.359 Who? 343 00:19:21.440 --> 00:19:22.559 Who do you think stole it? 344 00:19:23.599 --> 00:19:26.119 No, because there's a guard at the gates. So the 345 00:19:26.720 --> 00:19:30.799 inventory they inventoried it. So it was and they said 346 00:19:30.839 --> 00:19:34.000 because things were laid out like on the bed, and 347 00:19:34.599 --> 00:19:35.039 they do. 348 00:19:35.079 --> 00:19:38.359 You have a sheet from the Sheriff's department showing that 349 00:19:38.440 --> 00:19:42.079 there were power tools and now they're gone. 350 00:19:42.920 --> 00:19:45.960 No, they were in their inventory in but they took 351 00:19:46.480 --> 00:19:47.839 somebody took stuff. 352 00:19:47.599 --> 00:19:50.200 Out, so it had when they did the inventory list. 353 00:19:50.480 --> 00:19:53.279 Were the power tools listed on the inventory list? 354 00:19:53.920 --> 00:19:57.720 You didn't show us an inventory list because it's not 355 00:19:57.920 --> 00:20:01.680 up for They can't even sell it until the thirty days? 356 00:20:01.759 --> 00:20:01.920 Is that? 357 00:20:02.440 --> 00:20:06.880 But we have we have thirty days to reclaim our things. 358 00:20:06.960 --> 00:20:10.319 But when they only give us, we were not there. 359 00:20:10.119 --> 00:20:13.720 In an hour by you know, the law doesn't address 360 00:20:14.640 --> 00:20:17.559 this is interesting because the law doesn't address how much 361 00:20:17.599 --> 00:20:18.440 time they give you. 362 00:20:18.720 --> 00:20:20.599 It doesn't say a word about it. Well, I don't 363 00:20:20.599 --> 00:20:22.000 think she can move that thing. 364 00:20:23.039 --> 00:20:23.839 Don't want to move it. 365 00:20:23.920 --> 00:20:25.240 I just want Yeah. 366 00:20:25.279 --> 00:20:28.000 I know that means no one's going to get paid 367 00:20:28.039 --> 00:20:30.480 for the toe and stuff. That's my point of saying that. 368 00:20:31.920 --> 00:20:32.799 So, Shelley, are. 369 00:20:32.640 --> 00:20:35.279 You calling because your stuff was stolen? Or are you 370 00:20:35.400 --> 00:20:38.440 trying to get into the r V again to get someone? 371 00:20:39.400 --> 00:20:42.160 Because they only gave him five minutes and then they 372 00:20:42.160 --> 00:20:44.599 told us we had to leave because I was in 373 00:20:44.640 --> 00:20:48.559 the backseat. They said only one person could enter. He 374 00:20:48.759 --> 00:20:51.400 was the only one that went inside. I stayed in 375 00:20:51.440 --> 00:20:56.319 the car and he said, oh, get here, and I'm like, 376 00:20:56.440 --> 00:21:00.759 this is my home now with my car. So if 377 00:21:00.839 --> 00:21:03.039 I mean, I think we've suffered enough. They took the 378 00:21:03.119 --> 00:21:06.400 right mansfield completely out. I don't know what they did 379 00:21:06.400 --> 00:21:08.480 with it. That that's how they got in fite of 380 00:21:08.519 --> 00:21:09.200 it because. 381 00:21:08.920 --> 00:21:14.319 We have by the way, by the way, if there 382 00:21:14.359 --> 00:21:16.160 they're not allowed to limit your time. 383 00:21:16.599 --> 00:21:19.240 Well, that's the private pound yards. 384 00:21:19.559 --> 00:21:20.039 Or why are you. 385 00:21:20.039 --> 00:21:22.400 Saying that the Sheriff's department doesn't have to follow anything. 386 00:21:22.599 --> 00:21:24.759 Well, they have to follow something. But the law that 387 00:21:24.839 --> 00:21:29.240 you just quoted place the private impound yards and in 388 00:21:29.440 --> 00:21:33.079 private towing companies. This is this is outside of the 389 00:21:33.119 --> 00:21:36.880 scope of that law. This is the sheriff's impound yard. 390 00:21:38.720 --> 00:21:41.920 I don't think how much is the stuff worth it's missing. 391 00:21:44.119 --> 00:21:47.839 I would say it probably about a thousand dollars. 392 00:21:49.799 --> 00:21:51.359 You're going to have a hell of a time trying 393 00:21:51.359 --> 00:21:51.839 to get that. 394 00:21:52.039 --> 00:21:55.200 There's zero chance that the government is going to accept 395 00:21:55.200 --> 00:21:58.799 responsibility enough that somebody claims was stolen from there. 396 00:21:58.799 --> 00:22:01.440 They're not going to even if they have a video. 397 00:22:01.200 --> 00:22:03.519 Of somebody's stealing it from the umpiled yard. They're not 398 00:22:03.519 --> 00:22:07.400 going to do anything. They're the government. They're not they don't. 399 00:22:06.319 --> 00:22:10.599 Want I'm sorry, Shelley, I don't think you're gonna retrieve that. 400 00:22:10.759 --> 00:22:12.440 I mean, I'm just being straight with you. I don't 401 00:22:12.440 --> 00:22:15.680 think you're going to retrieve that stuff. Three oh three 402 00:22:15.960 --> 00:22:19.000 seven one three eight two five five. Don't forget fixed 403 00:22:19.039 --> 00:22:22.640 this doing that some pump special for forty nine bucks. 404 00:22:23.240 --> 00:22:26.039 They'll go out, pull the sumpump, clean it, adjust it, 405 00:22:26.160 --> 00:22:28.279 lubricate it if it needs it. Some of those are 406 00:22:28.319 --> 00:22:31.519 sealed bearings, but they'll clean out the pit and make 407 00:22:31.559 --> 00:22:34.079 sure everything is ready to go for the spring rains, 408 00:22:34.480 --> 00:22:38.279 the snow melts, and the coming you know, water season, 409 00:22:38.279 --> 00:22:41.079 because you do get some flooding. It's only it's only 410 00:22:41.160 --> 00:22:44.680 forty nine dollars. Fix my home dot com click book 411 00:22:44.759 --> 00:22:55.119 now go with a sure thing Denver's Best roofer Excel 412 00:22:55.240 --> 00:22:58.319 Roofing dot com. You don't pay a cent until you're content. 413 00:23:01.680 --> 00:23:04.880 Time for an insurance check up free, no obligation. In comparison, 414 00:23:05.000 --> 00:23:08.559 call Compass Insurance paying too much your coverage at dozens 415 00:23:08.559 --> 00:23:11.279 of insurance companies find out now three all three seven 416 00:23:11.400 --> 00:23:14.200 seven to one help. You'll think you're his only customer 417 00:23:14.240 --> 00:23:16.519 when you choose Frank durand the real estate Man dot 418 00:23:16.519 --> 00:23:19.839 com to list your home with Remax Alliance three all 419 00:23:19.880 --> 00:23:31.359 three nine two zero sixteen twenty two. Hi Tom Martino 420 00:23:31.759 --> 00:23:35.359 three three seven one three talk seven one three eight 421 00:23:35.400 --> 00:23:40.920 two five five. All right, you know these scams, man, 422 00:23:41.240 --> 00:23:44.359 It's just amazing to me how many there are. I'm 423 00:23:44.359 --> 00:23:48.119 going to start mentioning these a little each time on 424 00:23:48.200 --> 00:23:51.640 the air. But first I want to take this call, 425 00:23:52.319 --> 00:23:57.039 and here he is, Okay, go ahead, Bob, you want 426 00:23:57.039 --> 00:23:58.279 to talk about Excel Energy. 427 00:23:58.319 --> 00:23:59.160 What's going on with you? 428 00:24:00.799 --> 00:24:04.720 Yeah, mister Martino, I used to have a rental in Colorado. 429 00:24:04.759 --> 00:24:07.160 I lived in Colorado my whole life, and I recently 430 00:24:07.200 --> 00:24:10.799 moved to northeast Wyoma. But I had two houses. 431 00:24:10.480 --> 00:24:12.000 And I rented one out. 432 00:24:12.240 --> 00:24:14.480 Well, one of my tenants wanted to buy the house 433 00:24:15.240 --> 00:24:19.720 in twenty twenty, so I sold the house tour and 434 00:24:19.759 --> 00:24:24.279 I've got the documents to prove it, and that was. 435 00:24:24.359 --> 00:24:27.079 Everything was fine for like three years, and then twenty 436 00:24:27.119 --> 00:24:30.720 twenty three, she sold the house to a renter, and 437 00:24:30.799 --> 00:24:32.759 I guess the render decided they didn't have to pay 438 00:24:32.799 --> 00:24:36.000 the electric bill because the electric bill stayed on. So 439 00:24:36.279 --> 00:24:40.559 Excel Energy saying that I owe them over seven hundred 440 00:24:40.599 --> 00:24:44.200 dollars because there was a landlord. 441 00:24:44.319 --> 00:24:47.759 Were you on the account? You were on the account 442 00:24:47.759 --> 00:24:49.279 the whole time this woman owned it. 443 00:24:50.920 --> 00:24:54.079 Well, I wasn't aware that I needed to call Excel 444 00:24:54.279 --> 00:24:57.680 Energy and cancel the landlord agreement. So three years went by, 445 00:24:58.559 --> 00:25:00.680 and you know, obviously the lady I sold her to 446 00:25:00.799 --> 00:25:01.720 always pay her bill. 447 00:25:02.319 --> 00:25:04.519 So you know, I'm that dumb and happy. 448 00:25:04.599 --> 00:25:07.960 I'm a disabled vet, moved to Northeast Wyoming, I'm retired, 449 00:25:08.359 --> 00:25:10.039 and now all of a sudden, I'm getting calls from 450 00:25:10.119 --> 00:25:13.440 Excel And now today I got a text from Harris 451 00:25:13.440 --> 00:25:17.000 and Harris, which I don't know if they don't know 452 00:25:17.039 --> 00:25:20.880 how to contact me, but it's a collection agency saying 453 00:25:20.920 --> 00:25:25.000 that they're representing Excel Energy. So you know, I don't 454 00:25:25.000 --> 00:25:26.279 know what to do here. Am I going to have 455 00:25:26.279 --> 00:25:27.559 to pay it and then go after the. 456 00:25:27.839 --> 00:25:29.000 Person the house? 457 00:25:30.119 --> 00:25:31.599 Yes, that's what I'm gonna have to do. 458 00:25:31.759 --> 00:25:38.680 Yes, Yeah, Unfortunately, unfortunately you you go to small claim 459 00:25:38.720 --> 00:25:42.079 score and how much is it? 460 00:25:41.759 --> 00:25:45.160 I don't don't know what was seven hundred dollars? 461 00:25:46.759 --> 00:25:47.440 So this will. 462 00:25:50.200 --> 00:25:53.680 Did you try did you try offering Excel proof of 463 00:25:53.759 --> 00:25:55.119 sale documents? 464 00:25:55.359 --> 00:25:55.559 Yeah? 465 00:25:55.880 --> 00:25:56.640 In fact, one. 466 00:25:56.559 --> 00:25:58.640 Lady, the first lady I talked to when I called, 467 00:25:58.680 --> 00:26:01.359 she goes, just email is proof of the sale and 468 00:26:01.400 --> 00:26:06.079 it won't be a problem, it'll be expunged. And then 469 00:26:06.240 --> 00:26:08.200 so I sent it. She gave me an email address 470 00:26:08.240 --> 00:26:11.039 and I sent the documents stuff in even with the 471 00:26:11.240 --> 00:26:15.440 account number and stuff with Xcel and lo and behold, 472 00:26:15.960 --> 00:26:18.880 I kept getting notices, so I called them again and 473 00:26:18.920 --> 00:26:20.160 the different ladies says, she. 474 00:26:20.160 --> 00:26:21.119 Told you incorrectly. 475 00:26:21.240 --> 00:26:24.400 You know you'd never canceled this landlord agreement, so you're 476 00:26:24.480 --> 00:26:26.400 responsible for it. And I'm like, well, what about the 477 00:26:26.400 --> 00:26:29.000 person that's been living there for two years and not 478 00:26:29.000 --> 00:26:30.039 paying for electricity? 479 00:26:30.079 --> 00:26:30.960 I mean, surely they. 480 00:26:30.880 --> 00:26:38.440 Knew that person. That person is responsible to you. Right listen, 481 00:26:38.680 --> 00:26:40.759 I'm going to tell you something. I'll tell you what 482 00:26:40.799 --> 00:26:43.640 your biggest enemy is. And I would go to small 483 00:26:43.640 --> 00:26:47.160 claim scored against that homeowner, get a judgment and put. 484 00:26:47.079 --> 00:26:47.880 A lien on the house. 485 00:26:47.920 --> 00:26:51.400 I would Your biggest problem is that went on for 486 00:26:51.440 --> 00:26:55.680 three years or more. That's your biggest problem. Had you 487 00:26:55.720 --> 00:26:58.359 caught this right away, I think they would have done it. 488 00:26:58.640 --> 00:27:01.839 But I think they're probably thinking, you know what, he 489 00:27:01.960 --> 00:27:03.039 might be responsible. 490 00:27:03.279 --> 00:27:05.839 It's really very It's your worst. 491 00:27:05.599 --> 00:27:09.559 Nightmare is letting time pass on stuff like this. It's 492 00:27:09.640 --> 00:27:13.079 not not a good idea. Three all three seven to 493 00:27:13.079 --> 00:27:17.799 one three talk, yeah, thank you, three all three seven 494 00:27:17.880 --> 00:27:19.359 one three eight two five five. 495 00:27:19.440 --> 00:27:23.119 Bo. Do you have a question for Uh? 496 00:27:23.720 --> 00:27:24.279 Yes, I do. 497 00:27:24.400 --> 00:27:28.640 Hi Brook Brook White with Red Rock Solar, Go ahead. 498 00:27:28.480 --> 00:27:31.759 Brook, I have a question about these tax credits that 499 00:27:31.960 --> 00:27:36.240 you get from other customers that. 500 00:27:35.480 --> 00:27:37.440 What do you mean you get from other customers? What 501 00:27:37.440 --> 00:27:37.839 are you talking? 502 00:27:37.920 --> 00:27:40.319 Well, if they buy a solar system and they get 503 00:27:40.359 --> 00:27:44.640 like a thirty or forty thousand dollars credit, they they 504 00:27:44.720 --> 00:27:47.160 might be in a situation where they cannot use the 505 00:27:47.240 --> 00:27:50.880 credit because oh, oh any taxes, right, So. 506 00:27:51.519 --> 00:27:54.440 Uh, he's asking if you've had any customers that can't 507 00:27:54.559 --> 00:27:56.079 use the credit, and then what do they do? 508 00:27:56.079 --> 00:27:56.799 Do they sell it? 509 00:27:57.440 --> 00:28:00.240 Yes, I'd like to know Brook, how how I kind 510 00:28:00.240 --> 00:28:02.240 of know how that works. But let's say I were 511 00:28:02.319 --> 00:28:05.079 to buy a tax credit from one of your customers. 512 00:28:05.640 --> 00:28:09.599 Can I use that like for years down road, like 513 00:28:09.640 --> 00:28:12.519 for twenty twenty six, twenty twenty seven, or do I 514 00:28:12.559 --> 00:28:15.119 have to use the tax credit in the same year 515 00:28:15.640 --> 00:28:16.640 that I purchase it? 516 00:28:17.480 --> 00:28:20.039 So it depends on how you buy the tax credit. 517 00:28:20.079 --> 00:28:21.039 This is a great question. 518 00:28:21.759 --> 00:28:24.440 So if you buy the tax credit as a person, 519 00:28:25.119 --> 00:28:27.960 then you can only use it for the year that 520 00:28:28.000 --> 00:28:30.680 you bought it moving forward, but you have twenty years 521 00:28:30.720 --> 00:28:33.039 to utilize it so you can use it in the future. 522 00:28:33.559 --> 00:28:35.680 What's a smarter way to do it is to buy it? 523 00:28:35.720 --> 00:28:35.920 Wait? 524 00:28:35.920 --> 00:28:40.920 Wait, wait, wait, wait wait, I think you just said 525 00:28:41.000 --> 00:28:41.920 you didn't say both. 526 00:28:41.960 --> 00:28:45.759 I mean, didn't you get the impression boat way either 527 00:28:45.799 --> 00:28:48.319 he can take it or he can So as an individual, 528 00:28:49.119 --> 00:28:50.880 you said he had to take it in the year 529 00:28:50.920 --> 00:28:53.359 you bought it, but then you said he had twenty years. 530 00:28:53.640 --> 00:28:54.440 I'm confused. 531 00:28:54.680 --> 00:28:57.319 Yeah, absolutely, So with commercial or if you buy it 532 00:28:57.319 --> 00:29:00.160 as a business, you can actually backdate your taxes so 533 00:29:00.160 --> 00:29:03.000 you can go backwards to recoup some money you've already 534 00:29:03.039 --> 00:29:03.799 paid the government. 535 00:29:04.359 --> 00:29:05.839 If you buy it as a person. 536 00:29:05.599 --> 00:29:09.000 You have to do it in the starting year is 537 00:29:09.039 --> 00:29:12.599 the year that the system achieved what's called permission to 538 00:29:12.640 --> 00:29:17.039 operate or PTO you. So let's say you buy it 539 00:29:17.119 --> 00:29:20.400 this year because the system became active this year, then 540 00:29:20.440 --> 00:29:23.559 you could do twenty twenty five and twenty years moving forward. 541 00:29:23.920 --> 00:29:26.240 If you buy it as a buss, okay, then you 542 00:29:26.279 --> 00:29:29.400 can go from twenty twenty two and use those that 543 00:29:29.480 --> 00:29:31.519 as your first year for twenty years isolate. 544 00:29:31.880 --> 00:29:34.519 So as an individual, you get to go for the 545 00:29:34.559 --> 00:29:38.680 present year the system became activated for twenty years onward. 546 00:29:39.559 --> 00:29:42.160 If you're a business, you can go back retroactively. 547 00:29:42.400 --> 00:29:45.519 Yep, Okay, Well I'm not I'm broke, I'm not a business. 548 00:29:45.519 --> 00:29:48.400 I'd like to buy one and then use it like 549 00:29:48.519 --> 00:29:51.039 five years down, use a little bit every year. 550 00:29:51.680 --> 00:29:53.880 Yeah, absolutely, How much are you looking for? I got 551 00:29:53.920 --> 00:29:54.960 fous it wouldn't to sell. 552 00:29:56.279 --> 00:29:59.039 Now wait a minute, So to buy a tax credit, 553 00:29:59.559 --> 00:30:00.880 how do they assign it to you? 554 00:30:01.839 --> 00:30:04.559 So both parties have to be set up with the 555 00:30:04.599 --> 00:30:07.480 IRS in order to do that. It's a pretty simple 556 00:30:07.519 --> 00:30:10.559 process that usually takes about two to three weeks for 557 00:30:10.640 --> 00:30:14.279 the IRS to review the application, but the application itself 558 00:30:14.319 --> 00:30:17.480 takes about five minutes to complete when you submit it. 559 00:30:18.160 --> 00:30:20.359 Once they both have their registration. 560 00:30:19.960 --> 00:30:23.559 Numbers, then you can then Party A just sells it 561 00:30:23.559 --> 00:30:28.000 to Party B abnormal contract terms so usually. 562 00:30:27.640 --> 00:30:29.799 And how much of a discount are they going for? 563 00:30:29.960 --> 00:30:30.400 Right now? 564 00:30:30.599 --> 00:30:33.759 If I bought one thousand dollars in tax credits, how 565 00:30:33.799 --> 00:30:34.720 much would it sell for? 566 00:30:34.799 --> 00:30:35.599 Approximately? 567 00:30:36.319 --> 00:30:37.920 Can I do it the opposite way? 568 00:30:38.480 --> 00:30:41.599 So if somebody is selling one thousand dollars in tax credits, 569 00:30:41.680 --> 00:30:44.480 you're going to pay them about seven hundred dollars, so 570 00:30:44.559 --> 00:30:46.000 you make about thirty percent. 571 00:30:48.039 --> 00:30:51.000 Yeah, So the person buying gets a discount of thirty 572 00:30:51.000 --> 00:30:52.000 percent yep. 573 00:30:51.839 --> 00:30:54.119 And the person selling gets access to funds that they 574 00:30:54.160 --> 00:30:59.680 wouldn't have access to because they don't have the tax liability. 575 00:31:00.160 --> 00:31:03.200 Okay, Okay, So if you bought one hundred thousand dollars 576 00:31:03.240 --> 00:31:08.759 tax credit, you'd be paying about seventy thousand. Yep, you 577 00:31:09.000 --> 00:31:12.200 mentioned a thirty percent discount. Yeah, that's gonna be a 578 00:31:12.200 --> 00:31:17.319 lot more like you because that tax credits. 579 00:31:18.599 --> 00:31:21.000 You get to decide what the contract looks like. So 580 00:31:21.039 --> 00:31:23.240 if somebody really will never be able to use it 581 00:31:23.279 --> 00:31:25.759 and they're willing to take a fifty percent drop, I mean, 582 00:31:25.759 --> 00:31:29.400 it's a contract that you set up in party, Yeah, exactly. 583 00:31:29.240 --> 00:31:31.279 I mean it's it's supplying to man man. 584 00:31:31.400 --> 00:31:33.799 If if someone wants to get rid of them and 585 00:31:33.799 --> 00:31:36.279 they'll never use them, they might sell them for fifty 586 00:31:36.319 --> 00:31:39.519 cents on the dollar, she said. Normally it's about thirty 587 00:31:39.599 --> 00:31:42.440 percent discount. All right, We have more coming up on 588 00:31:42.480 --> 00:31:44.599 the Troubleshooter Show. Three oh three seven one, three eight 589 00:31:44.599 --> 00:31:48.160 two five five. Don't forget Denverregen dot com for stem 590 00:31:48.200 --> 00:31:49.960 cell therapy get pain free. 591 00:31:50.160 --> 00:31:51.960 I've done it. They're wonderful people. 592 00:31:52.720 --> 00:32:02.720 Great pricing Denverregen dot com. Go with a sure thing 593 00:32:02.839 --> 00:32:05.640 Denver's Best roofer Excel Roofing dot com. 594 00:32:05.680 --> 00:32:07.720 You don't pay a cent until you're content. 595 00:32:11.079 --> 00:32:14.279 Time for an insurance check up free no obligation comparison 596 00:32:14.400 --> 00:32:17.960 call Compass Insurance. Pay too much your coverage at dozens 597 00:32:18.000 --> 00:32:20.720 of insurance companies find out now three oh three seven 598 00:32:20.799 --> 00:32:23.640 seven to one help. You'll think you're his only customer 599 00:32:23.640 --> 00:32:25.920 when you choose Frank durand the real estate Man dot 600 00:32:25.960 --> 00:32:29.279 com to list your home with Remax Alliance three oh 601 00:32:29.319 --> 00:32:39.400 three nine two zero sixteen twenty two. Hi Tom Martino 602 00:32:39.480 --> 00:32:42.640 here three O three seven one three talk seven one 603 00:32:42.680 --> 00:32:45.519 three eight two five five John, Welcome to the show. 604 00:32:45.559 --> 00:32:46.720 What's going on with you? John? 605 00:32:50.319 --> 00:32:50.519 Hey? 606 00:32:50.559 --> 00:32:50.839 Tom? 607 00:32:51.000 --> 00:32:51.680 How are you today? 608 00:32:52.880 --> 00:32:53.880 Good? What's happening? 609 00:32:55.079 --> 00:32:55.279 Oh? 610 00:32:55.279 --> 00:32:57.839 So, I just wanted to see if you had any 611 00:32:57.880 --> 00:33:02.720 tips or ideas on doing a lump sum payment for 612 00:33:02.799 --> 00:33:03.519 a credit card. 613 00:33:05.200 --> 00:33:07.079 We do have good information on that. 614 00:33:08.160 --> 00:33:10.519 Tell me what you're talking Are you talking about paying 615 00:33:10.519 --> 00:33:11.480 a reduced amount? 616 00:33:13.440 --> 00:33:16.759 Yes, it's just kind of like a artt. 617 00:33:18.160 --> 00:33:21.519 How much do you have on there? How much do 618 00:33:21.519 --> 00:33:22.319 you have on there? 619 00:33:23.440 --> 00:33:25.599 Got it matched out at seventeen thousand? 620 00:33:27.400 --> 00:33:29.920 One of them is just one card or more than one? 621 00:33:30.799 --> 00:33:32.039 Just one? 622 00:33:33.839 --> 00:33:36.119 Okay? Are you looking have you? 623 00:33:36.519 --> 00:33:38.799 I'm just curious here? Are you looking at just like 624 00:33:38.960 --> 00:33:42.480 negotiating it down or are you looking at what what 625 00:33:42.599 --> 00:33:44.519 exactly are you trying to do. 626 00:33:45.400 --> 00:33:48.519 He's trying to negotiate a lower price for a complete settlement. 627 00:33:49.240 --> 00:33:51.920 Then, just out of curiosity, do you have a lot 628 00:33:51.920 --> 00:33:57.599 of other assets that come into play. The worst thing 629 00:33:57.640 --> 00:33:59.720 for your credit report is going to be that you're 630 00:33:59.720 --> 00:34:02.799 better off as far as the credit goes, depending on 631 00:34:02.839 --> 00:34:06.720 your circumstance. To consider doing a chapter seven or eleven, 632 00:34:06.799 --> 00:34:09.199 depending on what your DBT looks like. 633 00:34:10.960 --> 00:34:16.079 Gotcha, Yeah, here's the deal, bro Eleven is way too complicated. 634 00:34:16.760 --> 00:34:19.880 Ninety percent of them fail. But we're gonna come back 635 00:34:19.920 --> 00:34:23.119 to you. We're gonna come back to you right, thank you, Mark, 636 00:34:23.360 --> 00:34:25.840 it is a thirteen or seven. We're gonna come back 637 00:34:25.880 --> 00:34:27.320 to you and explain that to you and try to 638 00:34:27.320 --> 00:34:29.360 get our expert on Mike Wink if we can during 639 00:34:29.400 --> 00:34:32.559 the break. So hang on, I'm Tom Martine. This is 640 00:34:32.599 --> 00:34:36.519 a good topic. Let's talk about seven and thirteen. Go 641 00:34:36.599 --> 00:34:40.320 with a sure thing Denver's Best roofer Excel roofing dot com. 642 00:34:40.360 --> 00:34:46.079 You don't pay a cent until you're content. Time for 643 00:34:46.119 --> 00:34:49.320 an insurance check up free, no obligation. In comparison, call 644 00:34:49.400 --> 00:34:52.719 Compass insurance paying too much your coverage at dozens of 645 00:34:52.760 --> 00:34:55.400 insurance companies find out now three oh three, seven to 646 00:34:55.480 --> 00:34:58.280 seven to one help. You'll think you're his only customer 647 00:34:58.320 --> 00:35:00.559 when you choose Frank durand the real estate man dot 648 00:35:00.599 --> 00:35:03.360 com to list your home with Remax Alliance. 649 00:35:03.599 --> 00:35:05.920 Three oh three nine two zero sixteen twenty two. 650 00:35:06.679 --> 00:35:19.719 Yeah, ripped you need that's so you don't have come running. 651 00:35:19.960 --> 00:35:21.360 Just as fast as we can. 652 00:35:22.639 --> 00:35:24.559 Shooter's gonna help come. 653 00:35:25.159 --> 00:35:28.840 Man six is the Troubleshooter Show. 654 00:35:28.880 --> 00:35:34.079 No Tom Martino, Hello, Tom Martino, here fighting for you. 655 00:35:34.199 --> 00:35:34.800 Let's talk. 656 00:35:35.000 --> 00:35:38.599 This show is all about solving problems, answering questions, taking complaints, 657 00:35:38.920 --> 00:35:40.480 and make your life a little easier. 658 00:35:40.480 --> 00:35:42.079 If you give us a call, we can help you. 659 00:35:42.199 --> 00:35:44.880 Three oh three, seven to one three talk seven one 660 00:35:44.920 --> 00:35:49.320 three eight two five five. You can do three oh 661 00:35:49.400 --> 00:35:53.599 three Martino twenty four to seven around the clock. We 662 00:35:53.679 --> 00:35:57.440 will pick up your message and call you and get 663 00:35:57.440 --> 00:35:59.760 you on the show. So whatever's on your mind. Let 664 00:35:59.800 --> 00:36:05.760 us know. John has credit card debt and he wants 665 00:36:05.800 --> 00:36:09.119 to know about a lum sum settlement. John, you say 666 00:36:09.159 --> 00:36:10.960 you owe about seventeen grand Is that right? 667 00:36:13.000 --> 00:36:13.360 Correct? 668 00:36:15.199 --> 00:36:17.639 Do you owe anything else in your life? 669 00:36:17.760 --> 00:36:21.119 Let's take a let's take a look, and Mike Wink 670 00:36:21.480 --> 00:36:24.679 from the Wink law firm. He's a bankruptcy attorney and 671 00:36:24.719 --> 00:36:26.360 a debt settlement attorney. 672 00:36:26.559 --> 00:36:27.280 He's listening. 673 00:36:27.719 --> 00:36:31.280 So you owe seventeen grand in credit card debt? 674 00:36:31.320 --> 00:36:31.760 What else? 675 00:36:33.599 --> 00:36:38.400 So because of that debt, I also well, today I'm 676 00:36:38.440 --> 00:36:40.880 selling my car that I bought two years ago, and 677 00:36:40.920 --> 00:36:45.280 I'm dropping off five hundred and fifty dollars for a 678 00:36:45.280 --> 00:36:46.239 month's payments on that. 679 00:36:46.360 --> 00:36:48.679 Well, what do you get? What are you doing for transportation? 680 00:36:49.840 --> 00:36:51.360 Well, so I bought a. 681 00:36:51.280 --> 00:36:56.880 Little oh seven Highlander for sixty seven hundred and I'm 682 00:36:56.920 --> 00:36:59.639 actually going to make it, hopefully a couple of thousand on. 683 00:36:59.599 --> 00:37:00.599 The sale of this Kiya. 684 00:37:02.320 --> 00:37:07.159 And and in lieu of paying off this credit card, 685 00:37:07.159 --> 00:37:10.440 I got a junior loan to decrease the percentage of 686 00:37:12.079 --> 00:37:12.599 the payment. 687 00:37:13.239 --> 00:37:17.719 But wait, are you talking about the seventeen thousand dollars balance? 688 00:37:17.760 --> 00:37:18.679 You got a loan on it? 689 00:37:20.159 --> 00:37:22.199 Yeah, I got all the junior loan of the second 690 00:37:22.199 --> 00:37:26.360 mortgage basically, and that paid out yesterday. So unprepared to 691 00:37:26.400 --> 00:37:29.000 make a lum some payment, I just don't want to. 692 00:37:29.679 --> 00:37:33.039 I don't have to pay the seventeen dollars I got it. 693 00:37:33.320 --> 00:37:36.519 So you got a second mortgage on your home and 694 00:37:36.599 --> 00:37:39.920 pulled out seventeen grand for this debt, and now you 695 00:37:39.960 --> 00:37:41.440 want to try to make it less. 696 00:37:41.639 --> 00:37:42.360 Is that correct? 697 00:37:43.440 --> 00:37:45.800 That's it? Yeah, that's it in a nutshell. 698 00:37:45.960 --> 00:37:49.280 And you also you're also selling your car to reduce 699 00:37:49.760 --> 00:37:51.679 that payment by five hundred a month. 700 00:37:51.800 --> 00:37:55.360 Right, Yeah, that's that's going to I went from five 701 00:37:55.360 --> 00:37:58.000 point fifty to now I'm paying. 702 00:37:59.559 --> 00:38:01.199 What's your what's your income? 703 00:38:01.280 --> 00:38:06.239 By the way, I'm sitting at it about forty two 704 00:38:06.280 --> 00:38:07.519 thousand a year before. 705 00:38:09.000 --> 00:38:14.000 Ye know, Mike wink, if this guy took a second 706 00:38:14.000 --> 00:38:17.280 on his home. Now, how much equity do you have 707 00:38:17.360 --> 00:38:18.840 in your home? John, I got to ask you that 708 00:38:18.880 --> 00:38:21.679 one well after the. 709 00:38:21.639 --> 00:38:26.719 REFI yeah, yeah, after that it ended up being it's 710 00:38:26.760 --> 00:38:28.199 still sitting around three sixty. 711 00:38:29.920 --> 00:38:32.000 If you have three point fifteen equity in your home, 712 00:38:32.039 --> 00:38:34.800 you just pulled out lump sum of seventeen grand and 713 00:38:34.840 --> 00:38:36.719 you're selling your car and you're not going to have 714 00:38:36.800 --> 00:38:40.320 that payment. Mike, I think he's a bad candidate for 715 00:38:40.360 --> 00:38:40.960 a settlement. 716 00:38:41.000 --> 00:38:41.679 What about you? 717 00:38:42.559 --> 00:38:45.119 Well, it all depends on I mean, first of all, 718 00:38:45.280 --> 00:38:48.079 he's well positioned to settle, right, I Mean the main 719 00:38:48.159 --> 00:38:51.079 thing is he had cash, and I don't know if 720 00:38:51.079 --> 00:38:53.159 he's in default on that credit card, but he would 721 00:38:53.199 --> 00:38:55.159 have to go in the default in order to achieve 722 00:38:55.159 --> 00:38:58.960 a settlement. And you know, if he comes in the 723 00:38:59.039 --> 00:39:01.679 default for at least about four or five months, he's 724 00:39:01.719 --> 00:39:04.199 probably gonna be able to save you know, about half 725 00:39:04.199 --> 00:39:07.960 of that ballance. So let's say eighty five hundred dollars there. 726 00:39:08.840 --> 00:39:10.599 You know, there'll be some fees, So let's say it's 727 00:39:10.679 --> 00:39:14.440 you know, he'll say seventy five hundred dollars. But that's 728 00:39:14.480 --> 00:39:17.159 the kind of savings he can achieve. Now, I guess 729 00:39:17.159 --> 00:39:22.559 the question is, you know, should he be filing bankruptcy instead? 730 00:39:23.280 --> 00:39:25.719 And with three hundred fifty thousand of home equity, he's 731 00:39:25.760 --> 00:39:29.000 close to the highest limit there is in Colorado to 732 00:39:29.119 --> 00:39:32.079 protect and you only get that high if either he 733 00:39:32.360 --> 00:39:34.880 or somebody are dependent in the home is either sixty 734 00:39:35.000 --> 00:39:38.280 or older or disabled. How old are you. 735 00:39:38.239 --> 00:39:42.360 Saying fifty two on Monday? 736 00:39:42.440 --> 00:39:42.800 Yeah? 737 00:39:42.920 --> 00:39:46.199 And there's nobody in the home disabled or over sixty? 738 00:39:47.119 --> 00:39:47.239 No? 739 00:39:48.239 --> 00:39:51.159 Yeah, So with his home equity, bankruptcy would require him 740 00:39:51.199 --> 00:39:53.719 to repay all the debt. So actually, settlement is a 741 00:39:53.719 --> 00:39:57.239 good play, and he's well positioned for it because he's. 742 00:39:57.119 --> 00:39:57.800 Got the cash. 743 00:39:58.440 --> 00:40:00.400 Now I think, okay, now, Mi, I am. 744 00:40:00.360 --> 00:40:02.800 A color You're going to sell the car for a profit, 745 00:40:02.880 --> 00:40:05.079 so you're not looking at a deficiency. Violence there is 746 00:40:05.119 --> 00:40:07.199 that right, right? 747 00:40:07.280 --> 00:40:07.679 Correct? 748 00:40:08.599 --> 00:40:10.280 Okay, yeah, Hey. 749 00:40:10.119 --> 00:40:12.519 Mike, Mike, I have a question. I want to clarify 750 00:40:12.639 --> 00:40:19.079 home equity. Home equity is up for grabs beyond exemptions. 751 00:40:19.599 --> 00:40:24.000 What are the normal exemptions for a home Starting with 752 00:40:24.119 --> 00:40:28.119 just a regular person with no infirmities, not old, just 753 00:40:28.199 --> 00:40:31.199 middle aged person, what how much do you get to. 754 00:40:31.719 --> 00:40:37.760 Shelter fifty thousand of home equity? And then it goes to. 755 00:40:37.800 --> 00:40:41.039 Three And if you're a married couple filing do do 756 00:40:41.079 --> 00:40:43.079 you get the five hundred if you have a wife. 757 00:40:44.079 --> 00:40:47.920 No, it's the same. So Colorado law basically says there's 758 00:40:47.960 --> 00:40:51.639 one homestead attemption for home So if you're married, you 759 00:40:51.679 --> 00:40:54.320 still only get too fifty. You're still you get too fifty. 760 00:40:54.320 --> 00:40:54.960 It's the same deal. 761 00:40:56.679 --> 00:40:59.559 Okay, that's different with the tax law. But because with 762 00:40:59.599 --> 00:41:02.840 the tax well you get to exclude five hundred grand 763 00:41:03.280 --> 00:41:07.159 from your taxes from your capital gains. 764 00:41:07.360 --> 00:41:10.360 Sure, yeah, and it's different than most other attemptions in Colorado. 765 00:41:10.400 --> 00:41:13.559 So for example, you get fifteen thousand a vehicle equity 766 00:41:14.199 --> 00:41:16.559 and you if you're married, you and your spots each 767 00:41:16.599 --> 00:41:18.599 get fifteen, but you still don't get one home. 768 00:41:18.960 --> 00:41:21.559 How about just out of curiosity, how about if you 769 00:41:21.639 --> 00:41:23.239 were tenants in common. 770 00:41:24.800 --> 00:41:27.639 It's like I said, it's one homestead for property. So 771 00:41:27.679 --> 00:41:29.639 there's been a lot of wow. 772 00:41:29.920 --> 00:41:35.920 Okay, so a normal taxpayer who's going a normal taxpayer 773 00:41:35.960 --> 00:41:41.559 going bankrupt will have two hundred and fifty thousand dollars protected. Okay, 774 00:41:42.280 --> 00:41:44.679 what goes beyond two hundred and fifty thousand? 775 00:41:46.440 --> 00:41:47.519 What do you mean by that? 776 00:41:49.000 --> 00:41:49.840 Which kind of. 777 00:41:49.800 --> 00:41:52.880 A filer of a bankruptcy would have more than two 778 00:41:53.000 --> 00:41:54.079 hundred fifty thousand? 779 00:41:55.039 --> 00:41:59.480 Right, So, typically a homeowner would find it unacceptable to 780 00:41:59.480 --> 00:42:02.880 lose their home in bankruptcy. And frankly, even if they 781 00:42:02.920 --> 00:42:04.239 wanted to get out of the home, they'd be better 782 00:42:04.280 --> 00:42:07.280 off selling it and dealing with creditors, probably outside of bankruptcy. 783 00:42:07.320 --> 00:42:09.719 So if you are, if you are over the two 784 00:42:09.880 --> 00:42:14.079 fifty and bankruptcy still makes sense, it's probably because you're 785 00:42:14.119 --> 00:42:16.880 not that far over to fifty and or you have 786 00:42:16.920 --> 00:42:17.559 a lot of debt. 787 00:42:17.800 --> 00:42:20.079 Right, So then then we can all right, But Mike, 788 00:42:20.159 --> 00:42:24.039 what I'm asking for. What I'm asking for, I'm asking 789 00:42:24.119 --> 00:42:28.719 for specific individuals that would be able to exclude more 790 00:42:29.119 --> 00:42:30.719 than the standard two fifty. 791 00:42:30.880 --> 00:42:32.920 Are there any other exceptions? 792 00:42:34.159 --> 00:42:36.480 No, it's just if you're if you're sixty or older, 793 00:42:36.519 --> 00:42:39.760 if you are a dependent in your home is sixty 794 00:42:39.880 --> 00:42:42.840 or older or disabled, then you could protect three hundred 795 00:42:42.840 --> 00:42:45.880 and fifty thousand. And that's the only other okay, sort 796 00:42:45.880 --> 00:42:47.800 of type of home set exemption that there is. 797 00:42:49.199 --> 00:42:52.920 Okay, it's either two fifty or three fifty. Okay. 798 00:42:53.519 --> 00:42:57.079 So John, by the way, Wink and Wink they do 799 00:42:57.199 --> 00:43:00.800 credit card and all debt settlements. 800 00:43:01.000 --> 00:43:02.320 You may want to contact him. 801 00:43:02.360 --> 00:43:06.679 Okay, it's Wink Law Firm dot com. 802 00:43:06.960 --> 00:43:08.559 The Wink Law Firm dot com. 803 00:43:08.599 --> 00:43:10.000 Hey, can I ask John a question? 804 00:43:12.119 --> 00:43:12.400 Yeah? 805 00:43:12.480 --> 00:43:15.440 Hey, John, do you have any feeling of a moral 806 00:43:15.480 --> 00:43:17.480 obligation to pay your debts? 807 00:43:19.639 --> 00:43:20.400 Why do you ask that? 808 00:43:21.320 --> 00:43:21.519 Well? 809 00:43:21.559 --> 00:43:23.519 Because he yeah? But why do you ask that? Doc? 810 00:43:23.880 --> 00:43:26.639 Because you don't have to answer that, John, Because John, 811 00:43:26.679 --> 00:43:27.599 you don't have to answer that. 812 00:43:28.320 --> 00:43:33.280 I do, but yeah, because he Hell, the rules are 813 00:43:33.320 --> 00:43:34.199 set up though, do. 814 00:43:34.760 --> 00:43:36.000 Just the way it is. 815 00:43:36.079 --> 00:43:39.800 Man, I'm just king. 816 00:43:39.840 --> 00:43:40.119 I don't. 817 00:43:40.159 --> 00:43:43.280 I don't get into the morality, Okay. Listen. The only 818 00:43:43.320 --> 00:43:44.159 time I would get. 819 00:43:44.039 --> 00:43:47.000 Into the morality of a bankruptcy is if somebody was 820 00:43:47.039 --> 00:43:51.079 stashing gold or cash and cheating the system. 821 00:43:51.440 --> 00:43:52.679 But if you're using the. 822 00:43:52.679 --> 00:43:54.559 Rules of the system the way the rules of the 823 00:43:54.599 --> 00:43:57.679 system are written, then more power to you if you 824 00:43:57.760 --> 00:44:02.639 need to. I'm but but, but so, what was the purpose? 825 00:44:03.039 --> 00:44:05.880 I'm just wondering, Doc, I mean, if you were if 826 00:44:05.880 --> 00:44:09.320 you were out of out of options, would you not 827 00:44:09.480 --> 00:44:11.760 consider it because of the morality of. 828 00:44:11.679 --> 00:44:17.119 It, Whether he purchased something or somebody provided a service 829 00:44:17.559 --> 00:44:20.280 that they're entitled to get paid for what they did. 830 00:44:20.280 --> 00:44:21.840 They are entitled to get paid. 831 00:44:21.880 --> 00:44:24.599 So I'm asking you, Doc, if you were in a 832 00:44:24.639 --> 00:44:28.360 situation where you could not pay your bills, you would 833 00:44:28.360 --> 00:44:29.639 not do a bankruptcy. 834 00:44:29.639 --> 00:44:31.880 You would try to pay everyone I would. 835 00:44:33.159 --> 00:44:36.920 Okay, okay, so there are people, But you know, do 836 00:44:37.000 --> 00:44:42.280 you understand that there are situations that are so hopeless. 837 00:44:42.480 --> 00:44:44.480 What if you're a half a million dollars in debt 838 00:44:44.519 --> 00:44:45.599 with medical bills? 839 00:44:45.800 --> 00:44:46.480 What about that? 840 00:44:46.920 --> 00:44:49.800 Well, I was going to ask if it was medical bills. 841 00:44:50.679 --> 00:44:51.599 No, what I'm asking. 842 00:44:51.719 --> 00:44:54.480 What I'm asking you is don't you think there's ever 843 00:44:54.559 --> 00:44:58.159 a time when a bankruptcy is apropos? 844 00:44:58.400 --> 00:45:01.199 Yes, but I think for seven thousand dollars it's not. 845 00:45:02.400 --> 00:45:06.800 That's just okay, well, I no, I understand you didn't 846 00:45:06.800 --> 00:45:09.639 clarify it before when you asked about the morality. But 847 00:45:09.920 --> 00:45:16.519 so you're saying seventeen grand John, you understand though seventeen 848 00:45:16.599 --> 00:45:19.920 grand in your position is a small amount to pay 849 00:45:20.280 --> 00:45:23.320 compared to what you have. And again you can still 850 00:45:23.360 --> 00:45:27.159 get a lumpsum settlement. Mike Wink said, Listen, you know. 851 00:45:27.480 --> 00:45:29.760 I still have they're ready to I still would like 852 00:45:29.800 --> 00:45:33.119 clarification on something. And I don't know if Mike nose 853 00:45:33.239 --> 00:45:36.440 or not, but I think I used the wrong term before. 854 00:45:36.480 --> 00:45:39.159 But if you and I own a house together, Tom, 855 00:45:39.519 --> 00:45:42.800 and it's joint Tennancy, you own fifty percent of the house. 856 00:45:42.920 --> 00:45:45.480 I own fifty percent of it. It's not like a. 857 00:45:45.360 --> 00:45:50.239 Married couple and we somehow both claim bankruptcy at the 858 00:45:50.320 --> 00:45:54.119 same time. Is he saying that only two hundred and 859 00:45:54.159 --> 00:45:58.719 fifty thousand total, So my exemption as a person not 860 00:45:58.880 --> 00:46:01.840 married owning half that house would only get one hundred 861 00:46:01.840 --> 00:46:05.159 and twenty five thousand exemption. That that's I mean, I'm 862 00:46:05.199 --> 00:46:09.760 sure it's happened, you know what. Hold on, we hear 863 00:46:09.800 --> 00:46:11.199 what he says. 864 00:46:11.679 --> 00:46:14.159 If let's say that you guys don't know home you 865 00:46:14.239 --> 00:46:17.960 both live in it and one of you files bankruptcy, 866 00:46:17.960 --> 00:46:20.199 the home has three hundred and fifty thousand of home equity. 867 00:46:20.199 --> 00:46:22.960 You're under sixty. You can only protect the two fifty, 868 00:46:22.800 --> 00:46:25.800 so you only get to fifty, and then the amount 869 00:46:25.880 --> 00:46:30.159 above that only half of it would be the bankruptcy estate. 870 00:46:30.199 --> 00:46:32.119 The other half would be to the person who didn't 871 00:46:32.119 --> 00:46:34.639 file bankruptcy. So you'd get one hundred and twenty five 872 00:46:34.679 --> 00:46:36.599 and then you get half of the extra hundred or 873 00:46:36.639 --> 00:46:39.639 whatever it is over the two fifty. Does that make sense? 874 00:46:40.000 --> 00:46:42.480 Yeah, But how about if both of them did bankruptcy 875 00:46:42.480 --> 00:46:45.039 at the same time, and let's say there was a 876 00:46:45.199 --> 00:46:48.440 five hundred thousand inequity, would they each get two hundred 877 00:46:48.440 --> 00:46:49.960 and fifty thousand inequity? 878 00:46:50.800 --> 00:46:53.079 No, there's like I said, there's only one homestead. 879 00:46:53.360 --> 00:46:56.119 Wow, that's that's what I didn't know that, Thank you Mike. 880 00:46:56.880 --> 00:46:57.280 Here. 881 00:46:59.639 --> 00:47:05.760 So the ownership, the ownership of joint tenancy is where 882 00:47:05.800 --> 00:47:11.519 they both own equal shares Mark okay, and and the 883 00:47:11.559 --> 00:47:15.960 other one has right of survivor they automatically passes. 884 00:47:16.239 --> 00:47:18.440 That's what a joint that's what a married couple does. 885 00:47:19.199 --> 00:47:21.440 The tenants in common would be maybe if you and 886 00:47:21.480 --> 00:47:26.000 I bought a house together, because and we live there. 887 00:47:26.039 --> 00:47:30.079 You know, tenants in common we each own we each 888 00:47:30.159 --> 00:47:33.119 own a share depending on what the partnership agreement is, 889 00:47:33.159 --> 00:47:37.679 it could be seventy thirty sixty forty, And in that 890 00:47:37.840 --> 00:47:41.440 case then there is no right of survivorship. Your share 891 00:47:41.480 --> 00:47:43.920 goes to you and your estate, and the other share 892 00:47:44.000 --> 00:47:48.119 goes to their estate. So co owners have the right 893 00:47:48.199 --> 00:47:52.000 of the entire property, regardless of percentage. So it's more 894 00:47:52.440 --> 00:47:55.519 Tenants in common is more unified, but it's not good 895 00:47:55.519 --> 00:48:01.199 for married couples. Now, Mike wink, what is the most 896 00:48:01.239 --> 00:48:02.760 difficult debt to settle? 897 00:48:05.559 --> 00:48:11.519 The most difficult debt to settle tends to be business, 898 00:48:11.559 --> 00:48:17.840 Certain business debts where the creditor has done a good 899 00:48:17.880 --> 00:48:20.639 amount of due diligence, so they feel like they know 900 00:48:20.760 --> 00:48:23.559 a lot about the business and or the individuals. So 901 00:48:23.639 --> 00:48:27.320 the more that the debt is qualified, the more that 902 00:48:27.360 --> 00:48:31.159 the creditor knows. And in certain cases, the creditor just 903 00:48:31.159 --> 00:48:33.559 feels like, hey, I know this person can pay this debt. 904 00:48:33.679 --> 00:48:38.800 Yeah, because they filed like UCCS on the equipment or inventory, right, Mike, Right. 905 00:48:38.679 --> 00:48:40.599 So it tends to be different than credit card right, 906 00:48:40.599 --> 00:48:43.559 because there's a certain only a certain baseline level of 907 00:48:43.639 --> 00:48:46.960 qualification that a credit card lender does before granting you 908 00:48:47.000 --> 00:48:49.719 the credit. Many cases, they're just soliciting you into debt, 909 00:48:50.000 --> 00:48:53.079 whereas the bigger the loan, you know, you get in 910 00:48:53.119 --> 00:48:55.559 the six figure lines of credit. For businesses and things, 911 00:48:55.639 --> 00:48:58.760 they can also be settled, but it often then depends 912 00:48:58.800 --> 00:49:02.320 on the financial those circumstances above the business and the guaranteur, 913 00:49:02.400 --> 00:49:05.559 and then what the bank knows about those circumstances. 914 00:49:05.639 --> 00:49:07.079 Yeah, hey, real quick, Mike. 915 00:49:07.199 --> 00:49:10.159 So if this guy only had two hundred and fifty 916 00:49:10.239 --> 00:49:13.960 thousand in equity and he was going to be exempt 917 00:49:14.039 --> 00:49:17.760 for them taking the house, let's talk about credit real quick, 918 00:49:17.760 --> 00:49:20.480 because you've seen this for people. I would argue that 919 00:49:20.639 --> 00:49:23.119 doing a bankruptcy would be a lot better because, Ay, 920 00:49:23.199 --> 00:49:26.239 he's getting rid of the debt altogether, the seventeen thousand. 921 00:49:26.480 --> 00:49:28.679 He doesn't have a car or anything they can take 922 00:49:28.760 --> 00:49:32.199 that's not exempt. I don't know about firearms and jewelry, 923 00:49:32.239 --> 00:49:35.079 but the assumption would be he doesn't have any of that. 924 00:49:35.519 --> 00:49:40.119 So bankruptcy compared to doing this, let's talk credit. I 925 00:49:40.159 --> 00:49:42.119 would say in two years, he's going to have a 926 00:49:42.159 --> 00:49:45.599 million credit card offers back there again because he can't 927 00:49:45.639 --> 00:49:49.079 do bankruptcy again, where if he does his settlement, he's 928 00:49:49.119 --> 00:49:51.079 got to pay half of it or whatever you can 929 00:49:51.119 --> 00:49:53.360 settle for him, and he's not going to get another 930 00:49:53.440 --> 00:49:55.840 credit card for maybe five years. 931 00:49:56.320 --> 00:49:58.840 Right, This is a this is a good case that 932 00:49:58.960 --> 00:50:00.719 you know, sort of touches on a everything guys we're 933 00:50:00.760 --> 00:50:03.280 talking about because the amount of debt that he has. 934 00:50:03.320 --> 00:50:05.360 If I was having a consultation with him, I said, look, 935 00:50:05.800 --> 00:50:07.760 he's different than a lot of the people I talk 936 00:50:07.840 --> 00:50:09.920 to because he actually could pay his debt if he wants, 937 00:50:09.920 --> 00:50:11.519 so he it sounds like he's got the money to 938 00:50:11.559 --> 00:50:13.840 do it. He's also getting rid of a car and 939 00:50:13.920 --> 00:50:17.119 taking an older car to survive, So you know, I 940 00:50:17.159 --> 00:50:21.280 certainly wouldn't blame him for filing, and filing would be 941 00:50:21.360 --> 00:50:23.960 the cheapest way to deal with it. And then he'll 942 00:50:24.000 --> 00:50:26.519 have a you know, a couple about a year of 943 00:50:26.559 --> 00:50:29.519 really tight credit and then within two to three years, 944 00:50:29.599 --> 00:50:31.159 you know, you can have a seven hundred credit score 945 00:50:31.159 --> 00:50:33.800 and be eligible from you know, a low interest rate mortgage. 946 00:50:33.800 --> 00:50:36.760 So yeah, a lot of people don't realize it's way 947 00:50:36.800 --> 00:50:40.920 worse on a credit report having a bankruptcy on there, because, 948 00:50:40.960 --> 00:50:42.920 like Mike said, a year or two years from now. 949 00:50:43.079 --> 00:50:45.280 I mean your credit could be up to seven hundred again. 950 00:50:45.360 --> 00:50:48.679 Credit card offers cars, whatever you want. But if you're 951 00:50:48.880 --> 00:50:53.440 if you're consistently thirty sixty days late on your mortgage, 952 00:50:53.880 --> 00:50:56.280 forty you know, four or five months plus on a 953 00:50:56.320 --> 00:51:01.920 credit card, Yeah, your your credits toast Man and Mark Mark. 954 00:51:02.119 --> 00:51:05.679 Those many people have gone through debt settlement and they've 955 00:51:06.079 --> 00:51:09.119 spent four and five years paying every single time, and 956 00:51:09.159 --> 00:51:11.199 then no one will look at him for the next 957 00:51:11.199 --> 00:51:15.519 seven years. And they're they're more penalized, as you say, 958 00:51:15.800 --> 00:51:18.800 than doing a bankruptcy, more penalized, oh big time. 959 00:51:18.840 --> 00:51:20.880 And then for not paying, and I mean for reasons 960 00:51:20.880 --> 00:51:21.519 for not paying. 961 00:51:21.599 --> 00:51:24.760 And one of the reasons with credit cards or unsecured 962 00:51:25.280 --> 00:51:28.360 is these companies are going, look, maybe he's he's got 963 00:51:28.400 --> 00:51:31.159 a house. It's definitely got some equity in it. Whether 964 00:51:31.199 --> 00:51:33.679 it's in the exemption or not doesn't matter. But they 965 00:51:33.760 --> 00:51:37.039 can't file bankruptcy again once you file it. That's why 966 00:51:37.079 --> 00:51:40.159 your credit comes back so quick, right, Mike, Because if 967 00:51:40.199 --> 00:51:42.599 you do get in debt again and you do have equity, 968 00:51:42.639 --> 00:51:43.880 they can go snag. 969 00:51:43.599 --> 00:51:47.360 It exactly exactly. And why you guys are many time moneys. 970 00:51:47.360 --> 00:51:50.559 If your credit is bad enough, bankruptcy is actually the 971 00:51:50.639 --> 00:51:54.719 fastest way to rehabilitated. And that's kind of an odd concept, 972 00:51:54.719 --> 00:51:56.800 but it is definitely chewing for certain types of people. 973 00:51:58.440 --> 00:52:02.440 And and Mike, is four to one zero seventeen to 974 00:52:02.519 --> 00:52:03.880 twenty still a good number? 975 00:52:05.239 --> 00:52:05.440 Uh? 976 00:52:05.519 --> 00:52:07.800 Yeah, that number works. We also have that five two 977 00:52:07.840 --> 00:52:10.480 three zero six two zero seventeen zero five two. 978 00:52:10.440 --> 00:52:14.559 Three And I'm sorry, I'll give that or give that 979 00:52:14.639 --> 00:52:16.880 out again in a second, Mike. But one more question 980 00:52:17.079 --> 00:52:19.480 just is for everybody listening, are you. 981 00:52:19.480 --> 00:52:22.199 Seeing Mark do me a favor? Mark, do me a favor. 982 00:52:22.239 --> 00:52:23.960 We don't have time for the answer. I'm right to 983 00:52:23.960 --> 00:52:25.480 give them more time right after the break. 984 00:52:25.559 --> 00:52:27.079 So let's do this. Come right back. 985 00:52:33.920 --> 00:52:37.239 Go with a sure thing Denver's best roofer Excel Roofing 986 00:52:37.320 --> 00:52:37.880 dot com. 987 00:52:37.920 --> 00:52:39.960 You don't pay a cent until you're content. 988 00:52:43.320 --> 00:52:46.519 Time for an insurance check up free no obligation comparison 989 00:52:46.639 --> 00:52:50.159 call Compass Insurance paying too much your coverage at dozens 990 00:52:50.199 --> 00:52:52.960 of insurance companies find out now three oh three seven 991 00:52:52.960 --> 00:52:55.320 to seven to one help. You'll think you're his only 992 00:52:55.400 --> 00:52:57.880 customer when you choose Frank durand the real estate Man 993 00:52:57.920 --> 00:53:01.360 dot com to list your home with Max Alliance three 994 00:53:01.360 --> 00:53:11.039 all three nine two zero sixteen twenty two. Hi Tom 995 00:53:11.039 --> 00:53:14.719 Martine here three oh three seven one three talk three 996 00:53:14.800 --> 00:53:17.320 oh three seven one three eight two five five. 997 00:53:17.960 --> 00:53:20.880 So Mark, you were going to ask Mike Wink from 998 00:53:21.800 --> 00:53:25.320 Wink Law Firm dot Com a question? 999 00:53:25.440 --> 00:53:28.960 God, just just I'm curious. Are we seeing an uptick 1000 00:53:29.559 --> 00:53:32.320 a down tick? I mean, what's been going on if 1001 00:53:32.360 --> 00:53:34.960 we go back to when I first met you, Mike, 1002 00:53:35.039 --> 00:53:38.239 going back to like twoenty ten or maybe a little 1003 00:53:38.280 --> 00:53:41.920 after that, My god, bankruptcies were like every other person 1004 00:53:41.960 --> 00:53:45.480 I knew was going through a bankruptcy, generally because of 1005 00:53:45.760 --> 00:53:47.519 possible foreclosure on their home. 1006 00:53:47.800 --> 00:53:50.000 I mean, those were the good old days for you guys. 1007 00:53:50.360 --> 00:53:52.519 You know, you were doing so many bankruptcies you had 1008 00:53:52.559 --> 00:53:53.599 to turn away business. 1009 00:53:54.000 --> 00:53:55.800 Where are we at now and what do you see 1010 00:53:55.840 --> 00:53:56.880 the future being. 1011 00:53:58.280 --> 00:54:01.679 We're definitely on the uptick, probably not to where that 1012 00:54:01.719 --> 00:54:07.159 peak was after the nine financial crisis, but we're seeing 1013 00:54:07.199 --> 00:54:10.119 a lot more activities sort of steadily ramping over the 1014 00:54:10.199 --> 00:54:15.239 last i'd say eighteen months twenty four months, and there's 1015 00:54:15.280 --> 00:54:17.719 a lot of people getting sued by credit card menders. 1016 00:54:17.719 --> 00:54:21.639 I'm finding small business failures. 1017 00:54:21.880 --> 00:54:24.000 If you had if you had to say the number 1018 00:54:24.079 --> 00:54:24.679 one reason. 1019 00:54:24.719 --> 00:54:27.920 Now, is it just mismanagement credit card debt or is 1020 00:54:27.960 --> 00:54:30.639 it a small business going under? I know it's a 1021 00:54:30.719 --> 00:54:33.679 hodgepodge of everything, but what what do you what? 1022 00:54:33.679 --> 00:54:34.800 What is your gut say? 1023 00:54:34.840 --> 00:54:39.199 The main reason is people spending beyond their means like normal, right, 1024 00:54:39.400 --> 00:54:39.960 I would. 1025 00:54:39.800 --> 00:54:44.840 Say that that the tail end of COVID led to 1026 00:54:45.239 --> 00:54:51.079 people incurring more debt, especially small business owners, to survive. Yeah, 1027 00:54:51.199 --> 00:54:55.559 And what's happened is they then went into default, and 1028 00:54:55.599 --> 00:54:57.719 the defaults of now age to the point where you're 1029 00:54:57.719 --> 00:55:01.159 starting to see legal action and and that's really what 1030 00:55:01.280 --> 00:55:03.800 pushes people to contact us. 1031 00:55:04.039 --> 00:55:05.920 And a lot of people now are going to have 1032 00:55:06.000 --> 00:55:09.320 to start repaying these student loans forever, which you can't 1033 00:55:09.880 --> 00:55:11.639 get rid of in debt. So I mean that's going 1034 00:55:11.719 --> 00:55:14.840 to most likely make them occur debt somewhere else. How 1035 00:55:14.840 --> 00:55:18.639 about hospitals real quick medical bills. I know they can't 1036 00:55:18.679 --> 00:55:21.320 like report on your credit report for like a year 1037 00:55:21.440 --> 00:55:24.719 or something, but how does that look in bankruptcy? If 1038 00:55:24.760 --> 00:55:27.039 you owe a half a million dollars for a surgery 1039 00:55:27.559 --> 00:55:31.159 in emergency surgery, you couldn't afford or a helicopter ride 1040 00:55:31.239 --> 00:55:33.440 to it or something like that, How. 1041 00:55:33.280 --> 00:55:36.079 Does that look these days? Does the hospital sue you 1042 00:55:36.119 --> 00:55:37.840 and you still got to pay it? Eventually? 1043 00:55:38.920 --> 00:55:44.119 Absolutely? Absolutely, medical creditors will sue you eventually. I think 1044 00:55:44.239 --> 00:55:47.280 you're right that a smaller, smaller medical bills will report 1045 00:55:47.320 --> 00:55:50.920 on your credit. You know, that's one of those kind 1046 00:55:50.960 --> 00:55:54.079 of steady I don't know that's a cyclical. Is like 1047 00:55:54.159 --> 00:55:56.800 credit card debt and business debt and those defaults. I mean, 1048 00:55:56.840 --> 00:55:59.079 there's just there's just certain people who don't have the 1049 00:55:59.159 --> 00:56:02.320 right insurance cover jorin the ability to pay you know, 1050 00:56:02.320 --> 00:56:05.639 the high out of pocket costs. Yeah, and so you 1051 00:56:05.639 --> 00:56:07.159 know that's kind of a city thing. But you can 1052 00:56:07.159 --> 00:56:10.119 absolutely settle those debts or get a discharge on them 1053 00:56:10.119 --> 00:56:10.760 in bankruptcy. 1054 00:56:10.840 --> 00:56:12.119 So there's ways to deal with it. 1055 00:56:12.519 --> 00:56:14.000 And we see, you know, we see a lot of that, 1056 00:56:14.039 --> 00:56:15.639 But like I said, I don't know that that's driving 1057 00:56:15.679 --> 00:56:16.119 the current. 1058 00:56:17.119 --> 00:56:17.920 You know what I got. 1059 00:56:18.079 --> 00:56:20.320 I got a friend or I should say an acquaintance 1060 00:56:20.400 --> 00:56:22.800 or a neighbor, he was telling me the other day. 1061 00:56:22.880 --> 00:56:27.400 So in three months his furniture from American Furniture comes 1062 00:56:27.480 --> 00:56:30.199 due or else, all the interest kicks in from day one, 1063 00:56:30.480 --> 00:56:34.000 which in his case was like one year, eight months ago. 1064 00:56:34.119 --> 00:56:36.920 So his twenty thousand bucks in furniture is going to 1065 00:56:36.960 --> 00:56:39.880 be like fifty grand and he hasn't He's made just 1066 00:56:39.880 --> 00:56:41.280 some minimum payments on it. 1067 00:56:41.440 --> 00:56:42.840 But it all comes due. 1068 00:56:42.960 --> 00:56:47.400 His tires come due like this month, and then his 1069 00:56:47.760 --> 00:56:51.239 roof repairs come due in about six months. 1070 00:56:51.360 --> 00:56:53.760 And how many people do you think do that they 1071 00:56:53.800 --> 00:56:54.320 put off? 1072 00:56:54.599 --> 00:56:57.760 They put all this interest off for one or two years, 1073 00:56:57.960 --> 00:57:00.360 and all of a sudden, you owe one hundred thousand 1074 00:57:00.360 --> 00:57:03.840 bucks or else's interest is kicking in at twenty nine percent. 1075 00:57:05.039 --> 00:57:07.400 Yeah, yeah, I mean that sounds like a real like 1076 00:57:07.480 --> 00:57:10.000 triple adrupo whae. I mean, I'm not sure that that's 1077 00:57:10.039 --> 00:57:14.119 the most common example, but it's definitely it's indicative of 1078 00:57:14.159 --> 00:57:16.840 the fact. And again COVID kind of contributed to this 1079 00:57:16.880 --> 00:57:19.519 where you were able to put certain things off like 1080 00:57:19.559 --> 00:57:20.960 pseudo loans right and not. 1081 00:57:21.199 --> 00:57:23.559 Rank payments to start paying them right right. 1082 00:57:24.000 --> 00:57:26.079 And so we do see that, and I think that's 1083 00:57:26.119 --> 00:57:29.119 what is driving the market, is just like certain things 1084 00:57:29.119 --> 00:57:32.280 are come and do now and then, and not only that, 1085 00:57:32.320 --> 00:57:33.800 but people are in default on them. 1086 00:57:34.079 --> 00:57:35.719 And I do want to I want to ask you 1087 00:57:35.760 --> 00:57:38.840 about some place Doc was going to go. I probably 1088 00:57:38.840 --> 00:57:40.800 have in doc place I mean, join him, but let's 1089 00:57:40.880 --> 00:57:44.199 let Mike do it, you know, putting guilt on someone. Hey, 1090 00:57:44.239 --> 00:57:46.920 you got the money, you owe it. Well, let's talk 1091 00:57:46.960 --> 00:57:49.880 about Trump. I love Trump, but here's the reality. He 1092 00:57:49.960 --> 00:57:53.039 did a ton a ton of bankruptcies with his businesses. 1093 00:57:53.119 --> 00:57:55.960 Because that's part of our code. Why wouldn't you use that? 1094 00:57:56.199 --> 00:57:59.719 Everybody uses it. You'd be insane not to play. Yeah, 1095 00:57:59.719 --> 00:58:00.559 I'm not saying. 1096 00:58:00.440 --> 00:58:01.760 Play outside the rules. 1097 00:58:01.960 --> 00:58:04.199 But if you can make all your debt go away 1098 00:58:04.519 --> 00:58:08.039 and make your credit card situation better in a couple 1099 00:58:08.079 --> 00:58:10.639 of years, and make your life better for that matter, 1100 00:58:10.840 --> 00:58:13.400 and that's part of the rules this country's set up. 1101 00:58:13.639 --> 00:58:17.199 I don't see any problem doing that whatsoever. I would 1102 00:58:17.239 --> 00:58:20.480 never feel guilt about it because everybody's done it, or 1103 00:58:20.519 --> 00:58:23.880 anybody that needs to. In fact, i'd say people that 1104 00:58:24.039 --> 00:58:27.199 wouldn't consider it wouldn't do it and actually end up 1105 00:58:27.239 --> 00:58:30.280 paying more money, hurting their credit, not being able to 1106 00:58:30.320 --> 00:58:32.719 buy their kids stuff, not being able to go on 1107 00:58:32.760 --> 00:58:34.719 a vacation because they decided not. 1108 00:58:34.719 --> 00:58:37.000 To do it. I think they're the ones that are wrong. 1109 00:58:37.119 --> 00:58:40.239 So, as a bankruptcy attorney, i'd like your opinion on that. 1110 00:58:40.960 --> 00:58:43.559 Well, it's a good topic. I mean you know, part 1111 00:58:43.599 --> 00:58:46.360 of what our job is is almost part therapist to 1112 00:58:46.440 --> 00:58:50.159 help people come to grips with the need for debt relief. 1113 00:58:50.679 --> 00:58:52.639 And I think that part of the issue is that 1114 00:58:52.679 --> 00:58:55.079 when they can't pay their debt, they've already achieved, they've 1115 00:58:55.079 --> 00:58:59.079 already got the problem, but they view bankruptcy as the problem, 1116 00:58:59.159 --> 00:59:03.320 when bankruptcy is actually the solution. Most people who file. 1117 00:59:03.079 --> 00:59:05.800 The vast majority of people who file, are feel terrible 1118 00:59:05.840 --> 00:59:06.199 about it. 1119 00:59:06.199 --> 00:59:08.519 They never wanted to be here, was they there was 1120 00:59:08.519 --> 00:59:11.400 their fault or not, it doesn't matter. Still, they didn't 1121 00:59:11.400 --> 00:59:14.800 plan on it right, and so coming to gritsuy is 1122 00:59:14.800 --> 00:59:17.800 a difficult thing. What I like to point out number 1123 00:59:17.800 --> 00:59:19.639 one is, like you said, the law is there, right, 1124 00:59:19.679 --> 00:59:21.119 so why not take advantage of the law. 1125 00:59:21.119 --> 00:59:22.880 And then number two, which. 1126 00:59:22.719 --> 00:59:24.639 I think is also important to look at, is the 1127 00:59:25.920 --> 00:59:29.559 borrower is in a personal dilemma. Well, the bank doesn't 1128 00:59:29.639 --> 00:59:33.360 view that things that way. They enforce their rights legally, 1129 00:59:33.400 --> 00:59:35.519 and so I try to get people to think in 1130 00:59:35.599 --> 00:59:38.519 those terms. You're not you know, you're taking this personal, 1131 00:59:38.559 --> 00:59:41.400 but for the bank, you're just the number, you know, 1132 00:59:41.480 --> 00:59:44.320 and they're not going to necessarily, you know, feel for 1133 00:59:44.360 --> 00:59:45.800 you based on your hardship. 1134 00:59:45.920 --> 00:59:48.000 They aren't going to necessarily just forgive your debt. 1135 00:59:48.320 --> 00:59:50.800 And when it comes to banks for your family and 1136 00:59:50.840 --> 00:59:51.639 your future. 1137 00:59:51.639 --> 00:59:53.559 When it comes to bank side, even go a step 1138 00:59:53.599 --> 00:59:57.639 further and say, these are the same organizations that I'll 1139 00:59:57.679 --> 01:00:00.519 just take my lifetime. I remember it to peer of time, 1140 01:00:00.559 --> 01:00:03.360 where my goodness, if we were three dollars short in 1141 01:00:03.360 --> 01:00:06.119 our bank account, we'd owe them one hundred. We'd be 1142 01:00:06.199 --> 01:00:08.719 negative in the hole on a ten dollars check when 1143 01:00:08.760 --> 01:00:11.639 we were in our teens. I mean, I remember banks 1144 01:00:11.639 --> 01:00:14.920 putting the screws to me in my late teens in 1145 01:00:15.039 --> 01:00:18.159 early twenties, like you couldn't believe. Then credit card dead 1146 01:00:18.199 --> 01:00:22.280 to twenty nine percent, showing up on campuses and basically 1147 01:00:22.400 --> 01:00:25.840 ramming credit card down these kids' throat because they get 1148 01:00:25.840 --> 01:00:28.840 a free CU sweatshirt if they sign up for a 1149 01:00:28.840 --> 01:00:29.440 credit card. 1150 01:00:29.760 --> 01:00:33.360 My god, they're asking for the problem. They are the problem. 1151 01:00:33.360 --> 01:00:33.960 Mark faked. 1152 01:00:34.840 --> 01:00:36.920 Thank you very much, we got We gotta take a break. 1153 01:00:36.920 --> 01:00:39.079 I'm Tom Martine more on the Troubleshooter Show. 1154 01:00:39.119 --> 01:00:39.599 Coming up. 1155 01:00:46.000 --> 01:00:49.239 Go with a sure thing Denver's Best roofer Excel roofing 1156 01:00:49.360 --> 01:00:52.000 dot com. You don't pay a cent until you're content. 1157 01:00:55.360 --> 01:00:58.559 Time for an insurance check up free, no obligation. In comparison, 1158 01:00:58.679 --> 01:01:02.239 call Compass Insurance paying too much your coverage at dozens 1159 01:01:02.239 --> 01:01:05.000 of insurance companies find out now three all three seven 1160 01:01:05.079 --> 01:01:07.920 seven to one help. You'll think you're his only customer 1161 01:01:07.920 --> 01:01:10.199 when you choose Frank durand the real estate Man dot 1162 01:01:10.199 --> 01:01:13.519 com to list your home with Remax Alliance three oh 1163 01:01:13.559 --> 01:01:15.480 three nine two zero sixteen twenty two. 1164 01:01:24.239 --> 01:01:27.679 Hi Tom Martine here three O three seven one three 1165 01:01:27.760 --> 01:01:31.400 talks seven one three eight two five five. Uh. 1166 01:01:31.519 --> 01:01:35.599 John has another question for Mike Wink from the Wink 1167 01:01:35.679 --> 01:01:39.400 Law Firm Winklawfirm dot Com. Go ahead, John, And then 1168 01:01:39.440 --> 01:01:41.199 we have Robert who also has a question. 1169 01:01:41.280 --> 01:01:42.000 Go ahead John. 1170 01:01:43.519 --> 01:01:46.719 Uh Yeah, Mike. So I'm just curious, like, working with you, 1171 01:01:47.199 --> 01:01:54.719 the likelihood Dad's gonna get cut down, and like, what 1172 01:01:54.760 --> 01:01:59.800 are the consequences if it doesn't. I go to sure sure. 1173 01:02:00.119 --> 01:02:04.360 Very very high likelihood that you're going to achieve the 1174 01:02:04.400 --> 01:02:08.840 debt relief that we're that we're selling you and the extemp. 1175 01:02:08.920 --> 01:02:11.159 There's a range of outcomes. I will point that out. 1176 01:02:11.719 --> 01:02:14.599 The types of debt that you're not going to get 1177 01:02:14.599 --> 01:02:19.159 out of typically would be like what would be considered 1178 01:02:19.239 --> 01:02:25.199 like civil theft. You know certain you know, certain kinds 1179 01:02:25.199 --> 01:02:30.039 of domestic support obligations, certain kinds of taxes. But we're 1180 01:02:30.159 --> 01:02:32.840 very good at identifying on the front end before you 1181 01:02:32.880 --> 01:02:35.719 even retain us. You know what you can get relief 1182 01:02:35.760 --> 01:02:38.679 on and what you can't, and if you can't, well 1183 01:02:38.840 --> 01:02:43.360 we'll tell you that, okay, And then and then the 1184 01:02:43.599 --> 01:02:47.480 consequences tend to be that. You know, we talked about bankruptcy. 1185 01:02:47.480 --> 01:02:49.800 After you file bankruptcy, you're going to have really tight 1186 01:02:49.880 --> 01:02:52.000 credit for six to twelve months, and then it's going 1187 01:02:52.079 --> 01:02:54.800 to loosen up, and then within two to three years 1188 01:02:54.960 --> 01:02:57.280 you're going to have very very good credit. If you 1189 01:02:57.360 --> 01:03:00.760 just do things to improve your credit, like get a 1190 01:03:00.760 --> 01:03:02.480 credit card and use it and pay it every month, 1191 01:03:02.599 --> 01:03:03.920 that's like the best thing you can. 1192 01:03:03.800 --> 01:03:06.599 Do, and you know, pay it on time, of course. 1193 01:03:07.639 --> 01:03:10.159 And if you're settling debt, we kind. 1194 01:03:10.000 --> 01:03:10.920 Of talked about that too. 1195 01:03:11.000 --> 01:03:14.280 While you're settling, your credit kind of suffers. Maybe it 1196 01:03:14.320 --> 01:03:17.039 doesn't go as low as it goes when you file bankruptcy, 1197 01:03:17.440 --> 01:03:20.639 but it might sort of suffer for longer. I kind 1198 01:03:20.639 --> 01:03:22.719 of say bankruptcy is like a surgery on your credit, 1199 01:03:22.760 --> 01:03:26.360 where settlement is like a homeopathic solution, so you might 1200 01:03:26.400 --> 01:03:27.960 be a little sick longer, even though you might not 1201 01:03:28.000 --> 01:03:29.920 be quite as weak as you'd be after surgery. But 1202 01:03:30.280 --> 01:03:33.360 in both cases, once it debts relieved, your credit will improve. 1203 01:03:34.400 --> 01:03:38.559 Gotcha. Okay, Yeah, I'm not too worried about the credit card. 1204 01:03:39.159 --> 01:03:41.719 I prefer just to go without any credit cards for 1205 01:03:42.239 --> 01:03:46.559 the time being, obviously. But yeah, so like a love 1206 01:03:46.639 --> 01:03:49.440 some payment at some point, and I just don't want 1207 01:03:49.440 --> 01:03:51.960 to go backward like not paying this credit card company. 1208 01:03:53.159 --> 01:03:55.719 But they can obviously see that I'm getting nowhere with it. 1209 01:03:55.840 --> 01:03:58.840 So yeah, I mean that's the thing. 1210 01:03:58.840 --> 01:04:02.159 When you're on that financial treadmill of minimum payments, you 1211 01:04:02.199 --> 01:04:04.760 know that you're you know, you're not getting out of debt, 1212 01:04:05.280 --> 01:04:07.400 and the cost of the debt then becomes like a 1213 01:04:08.199 --> 01:04:10.880 multiple of it, like one hundred and fifty two hundred 1214 01:04:10.880 --> 01:04:12.079 percent when you paid overtime. 1215 01:04:13.000 --> 01:04:16.639 Absolutely Okay, Tom, Mike Mark, thank you so much. 1216 01:04:16.760 --> 01:04:20.000 All right, see you man, thank you for and uh, 1217 01:04:20.239 --> 01:04:23.920 we have another question for you or another issue. 1218 01:04:24.000 --> 01:04:28.280 Let's talk to uh, let's talk to Robert. Go ahead, Robert. 1219 01:04:31.119 --> 01:04:33.960 Yeah, hi, Tom, thank you for taking my call. Uh, 1220 01:04:34.079 --> 01:04:40.199 mister wink, I understand that it inherited Ira is attachable 1221 01:04:41.320 --> 01:04:43.599 when filing a bankruptcy. 1222 01:04:43.760 --> 01:04:44.400 Is that correct? 1223 01:04:45.079 --> 01:04:48.679 That is that is so so Almost all retirement accounts 1224 01:04:48.679 --> 01:04:51.519 are protected, even ones awarded in a divorce. 1225 01:04:52.599 --> 01:04:57.239 But when you inherit, when you lose that protection, there 1226 01:04:57.280 --> 01:05:01.079 may be ways to roll it over in to an 1227 01:05:01.079 --> 01:05:05.159 IRA in your name and thereby achieved protection. 1228 01:05:05.320 --> 01:05:08.000 So that's something we could look at. But the starting 1229 01:05:08.039 --> 01:05:09.960 point would be if you inherit an IRA, it's not 1230 01:05:10.000 --> 01:05:10.920 a protected asset. 1231 01:05:13.599 --> 01:05:15.480 Okay, well say, I. 1232 01:05:17.719 --> 01:05:20.519 Appreciate your help. The second part of the question would be, 1233 01:05:20.920 --> 01:05:23.360 I live in Phoenix, will be moving back to Colorado. 1234 01:05:23.480 --> 01:05:25.960 I understand you have to have residency in the state 1235 01:05:26.559 --> 01:05:30.280 for three months, is that correct prior to filing bankruptcy 1236 01:05:30.280 --> 01:05:30.880 in that state? 1237 01:05:31.880 --> 01:05:32.360 Correct? 1238 01:05:32.400 --> 01:05:35.920 I mean it's it's not quite that formal, but three 1239 01:05:36.000 --> 01:05:37.400 months does the trick? 1240 01:05:37.480 --> 01:05:37.679 Really? 1241 01:05:37.719 --> 01:05:40.320 The better part of ninety days, even fifty days is 1242 01:05:40.400 --> 01:05:41.079 just efficient? 1243 01:05:43.599 --> 01:05:46.480 Okay, thank you all, reach out all right the process, 1244 01:05:46.519 --> 01:05:49.039 Thank you sir, Thank you all right. 1245 01:05:49.079 --> 01:05:52.880 Now Parker has a comment on bankruptcy. 1246 01:05:52.920 --> 01:05:58.440 Go ahead, Parker, Yeah, Hi, Tom, and miss Rinky. 1247 01:05:58.559 --> 01:06:01.159 What mister Rink was saying there ran into that. During 1248 01:06:01.199 --> 01:06:04.599 the two thousand and nine the ball play, my dad 1249 01:06:04.639 --> 01:06:08.280 and I had had a building that we had with 1250 01:06:08.360 --> 01:06:11.639 our business and uh, you know, our company lost like 1251 01:06:11.679 --> 01:06:13.320 about a million and a half dollars in about a 1252 01:06:13.400 --> 01:06:16.719 nine month period just due to losing some big customers 1253 01:06:16.760 --> 01:06:18.960 that we had, you know. And I'll tell you what, 1254 01:06:19.000 --> 01:06:21.079 you know, we he mister wink is right. 1255 01:06:21.199 --> 01:06:24.079 I mean, the banks really do not care, you know, 1256 01:06:24.239 --> 01:06:26.960 on a personal level. You know, we tried everything to 1257 01:06:27.079 --> 01:06:30.280 work with them to you know, keep from having to 1258 01:06:30.320 --> 01:06:34.400 take a bankruptcy, but they you know, we just couldn't 1259 01:06:34.400 --> 01:06:36.239 work with them. It was just a matter of you know, 1260 01:06:36.320 --> 01:06:38.679 either pay or you guys, we're gonna go. We're gonna 1261 01:06:38.719 --> 01:06:42.159 foreclose on your building here, you know, ultimately. 1262 01:06:42.280 --> 01:06:44.760 And Mike, why do you think, Mike, why do you 1263 01:06:44.800 --> 01:06:46.559 think that attitude prevailed? 1264 01:06:46.559 --> 01:06:46.760 Then? 1265 01:06:46.880 --> 01:06:48.840 What what tell me what you think? 1266 01:06:49.440 --> 01:06:51.760 Well, I think it's a it's a good question because 1267 01:06:51.800 --> 01:06:56.440 there's definitely times when their aggression leads to them getting 1268 01:06:56.519 --> 01:06:58.480 less than they would have if they would have worked 1269 01:06:58.480 --> 01:07:01.800 with you, especially if you're a good candidate for bankruptcy. 1270 01:07:02.960 --> 01:07:07.800 I think that there's also situations where the debtor is 1271 01:07:08.280 --> 01:07:12.280 buffaloing the creditor and has more means to pay, and 1272 01:07:12.800 --> 01:07:15.639 you know, the creditor doesn't know, right, They really don't 1273 01:07:15.679 --> 01:07:17.880 know what's on the other side, and so I think 1274 01:07:17.920 --> 01:07:21.519 that part of the reason they take the the tactic 1275 01:07:21.559 --> 01:07:24.480 of we're going to run our collection playbook regardless of 1276 01:07:24.480 --> 01:07:27.199 what you say, is that they don't believe you or 1277 01:07:27.440 --> 01:07:30.159 they can't you know that. They just bright that that 1278 01:07:30.320 --> 01:07:32.840 a better, better way to go, and it's hard to 1279 01:07:32.920 --> 01:07:35.480 get them out of that playbook. I've tried a lot, 1280 01:07:35.559 --> 01:07:39.360 and very few times have I ever had success with it. 1281 01:07:40.800 --> 01:07:42.599 All right, Mike Wing, thank you very much. 1282 01:07:42.639 --> 01:07:46.199 Wink Law Firm dot com eight eight eight Now Wink 1283 01:07:52.599 --> 01:07:55.880 go with a sure thing Denver's best roofer Excel Roofing 1284 01:07:55.960 --> 01:07:56.519 dot com. 1285 01:07:56.599 --> 01:07:58.599 You don't pay a cent until you're content. 1286 01:08:00.239 --> 01:08:04.440 Leave time for an insurance check up free no obligation 1287 01:08:04.559 --> 01:08:08.440 comparison call Compass Insurance. Pay too much your coverage at 1288 01:08:08.480 --> 01:08:11.239 dozens of insurance companies find out now three oh three 1289 01:08:11.360 --> 01:08:13.960 seven seven to one help. You'll think you're his only 1290 01:08:14.039 --> 01:08:16.520 customer when you choose Frank durand the real estate Man 1291 01:08:16.560 --> 01:08:20.039 dot com to list your home with Remax Alliance three 1292 01:08:20.039 --> 01:08:25.399 all three nine two zero sixteen twenty two. 1293 01:08:23.039 --> 01:08:28.039 Yeah, rip. 1294 01:08:30.000 --> 01:08:36.000 New you needed that, so you don't have to run 1295 01:08:36.000 --> 01:08:37.680 inxious stas as you can. 1296 01:08:38.960 --> 01:08:40.239 Shooter's gonna help. 1297 01:08:40.520 --> 01:08:40.880 Come. 1298 01:08:42.399 --> 01:08:44.600 Six is the Troubleshooter Show. 1299 01:08:45.199 --> 01:08:50.159 No, Tom Martine, Hey Tom Martino here, Welcome to the show. 1300 01:08:50.199 --> 01:08:52.880 Three oh three seven to one three talk three oh 1301 01:08:52.920 --> 01:08:56.279 three seven one three eight two five five. All right, 1302 01:08:56.560 --> 01:08:59.680 So bo I understand you have a follow up on 1303 01:08:59.720 --> 01:09:00.720 a kid you're working on. 1304 01:09:01.319 --> 01:09:05.399 Yes, actually, Choppers case we're working on together. Came in 1305 01:09:05.520 --> 01:09:09.640 Tuesday at eleven forty five. The caller's name is Bonnie 1306 01:09:09.680 --> 01:09:10.239 She and she. 1307 01:09:10.399 --> 01:09:14.399 On March eighth, she bought a twenty thirteen cheap Wrangler 1308 01:09:14.439 --> 01:09:17.520 one hundred and seven thousand miles from Automation Subaru. After 1309 01:09:17.560 --> 01:09:19.960 a month, check engine light came on. It was low 1310 01:09:20.000 --> 01:09:22.520 on oil. She added oil, but it did not clear 1311 01:09:22.560 --> 01:09:25.000 the code. Some friends checked that out, told her no 1312 01:09:25.119 --> 01:09:29.560 problems on oil solenoid. Solenoid she finds out failed. She 1313 01:09:29.640 --> 01:09:33.199 has a ten year unlimited mileage warranty. She paid thirty 1314 01:09:33.239 --> 01:09:35.720 one hundred and ninety eight bucks for the warranty. Is 1315 01:09:35.760 --> 01:09:39.079 denying the claims, saying the reason that oil solenoid went 1316 01:09:39.119 --> 01:09:41.960 out is because she was low on oil. 1317 01:09:42.359 --> 01:09:43.039 Yeah, they were. 1318 01:09:42.960 --> 01:09:45.840 Saying that she ran the vehicle out of oil. 1319 01:09:46.000 --> 01:09:51.079 Yeah, so apparently she they drove after twenty five hundred miles, 1320 01:09:51.199 --> 01:09:53.479 it did lose three and a half quarts of oil. 1321 01:09:53.760 --> 01:09:56.960 That's a lot, so they were not She took it 1322 01:09:57.000 --> 01:10:02.960 over to auto I believe is the Chrysler Jeep dealer. 1323 01:10:02.960 --> 01:10:05.039 I don't know what was going on there, but the 1324 01:10:05.079 --> 01:10:08.199 warranty claim and the dealer wouldn't do anything about it. 1325 01:10:08.239 --> 01:10:11.520 They were accusing her of running the vehicle out. 1326 01:10:11.359 --> 01:10:13.439 Of and they had no evidence of that. 1327 01:10:14.359 --> 01:10:14.560 Right. 1328 01:10:14.680 --> 01:10:19.880 So apparently someone from the AutoNation dealer was listening to 1329 01:10:19.960 --> 01:10:24.640 the show Tuesday and we made a few inquiries. That afternoon, 1330 01:10:25.199 --> 01:10:31.600 the service manager, Matt Klick, called Bonnie and said to 1331 01:10:31.640 --> 01:10:34.399 bring the vehicle in that they were going to conduct 1332 01:10:34.439 --> 01:10:38.800 an oil consumption tests on the vehicle and if they 1333 01:10:38.840 --> 01:10:42.239 could prove this, then they're going to go back. They're 1334 01:10:42.239 --> 01:10:45.199 going to step up and go back to the warranty company. 1335 01:10:45.359 --> 01:10:49.560 Did they do it yet, Bonnie, I'm sorry, she. 1336 01:10:49.640 --> 01:10:51.560 Was going to take the vehicle, kay. 1337 01:10:52.039 --> 01:10:54.239 So this is a step in the right direction. 1338 01:10:54.399 --> 01:10:57.800 Now they're admitting that they need to do something because 1339 01:10:57.800 --> 01:10:59.359 this warranty was an expense. 1340 01:10:59.439 --> 01:11:02.960 But how would an oil consumption test help her? 1341 01:11:03.479 --> 01:11:06.359 I think the oil consumption test would prove beyond a 1342 01:11:06.399 --> 01:11:09.000 doubt that she wasn't She didn't run it out of oil, 1343 01:11:09.359 --> 01:11:10.560 that is using oil. 1344 01:11:11.079 --> 01:11:12.800 I mean, I mean, you're right. 1345 01:11:12.840 --> 01:11:15.760 They need they need to start somewhere instead of just right. 1346 01:11:15.880 --> 01:11:18.720 Okay, Well, at least now she's getting some action, and 1347 01:11:18.760 --> 01:11:20.000 that's better than nothing. 1348 01:11:19.800 --> 01:11:21.960 Because of the show that they're going to take some 1349 01:11:22.000 --> 01:11:24.399 sort of action and if they can get this verification 1350 01:11:24.720 --> 01:11:28.439 of the consumption, then hopefully they warrant you will kick 1351 01:11:28.479 --> 01:11:29.960 in and do the engine repair. 1352 01:11:30.239 --> 01:11:33.600 Now, there are a lot of people up in arms 1353 01:11:33.880 --> 01:11:37.399 about a summer camp for kids, and I don't know 1354 01:11:37.479 --> 01:11:39.920 if this is real news or not, but I think 1355 01:11:39.960 --> 01:11:42.119 it is because I went to Boulder. 1356 01:11:41.880 --> 01:11:44.520 Valleyhealth dot org teen. 1357 01:11:44.479 --> 01:11:48.800 Clinic sex said it's the sex Ed Summer Camp. And 1358 01:11:48.960 --> 01:11:52.159 I've gotten a lot of messaging on the show here 1359 01:11:52.600 --> 01:11:53.840 saying what do I think of it. 1360 01:11:55.359 --> 01:11:56.119 I haven't had a. 1361 01:11:56.039 --> 01:11:59.760 Lot of time to digest it, but according to this pamphlon, 1362 01:11:59.800 --> 01:12:03.680 looks like it comes from Boulder Valley Health Center. They 1363 01:12:03.720 --> 01:12:09.239 do all kinds of services, including abortions and all kinds 1364 01:12:09.279 --> 01:12:13.239 of other things like STDs and prevention and all that, 1365 01:12:13.640 --> 01:12:15.880 and they're going to have a sex summer camp, and 1366 01:12:15.920 --> 01:12:21.079 it says learning ourselves in our world. This justice rooted 1367 01:12:21.159 --> 01:12:25.279 camp will help guide your young people in navigating their 1368 01:12:25.399 --> 01:12:30.000 changing bodies and this changing world. They will talk about 1369 01:12:30.119 --> 01:12:36.560 bodies beyond the binary, the mysteries of puberty, feelings and 1370 01:12:36.560 --> 01:12:41.960 how to navigate them, consent and communication, and so much more. 1371 01:12:42.279 --> 01:12:50.920 This is for grades fifth, sixth, seventh, and eighth. And 1372 01:12:51.199 --> 01:12:53.520 it says that the title of the camp make you 1373 01:12:53.560 --> 01:12:57.159 feel squirrely. If so, you this might be a perfect 1374 01:12:57.159 --> 01:13:00.840 camp for you or for your kid. Said, summer camp 1375 01:13:00.920 --> 01:13:04.000 is everything your camper won't always get to learn in school. 1376 01:13:04.359 --> 01:13:07.399 Some topics will include bodies beyond binary, and then they 1377 01:13:07.439 --> 01:13:08.680 go on for all the rest, of course. 1378 01:13:09.239 --> 01:13:12.560 Join us at one of our caregiver meetings to find 1379 01:13:12.560 --> 01:13:19.199 out more. So, I I'm not reading anything shocking, I 1380 01:13:19.239 --> 01:13:21.560 think if you have, I mean, but if you have 1381 01:13:21.640 --> 01:13:25.760 conversations with your kids at home outside education is going 1382 01:13:25.840 --> 01:13:27.560 to be an adjunct to that. 1383 01:13:28.159 --> 01:13:31.079 It doesn't sound What do you think? Anybody? Mark? What 1384 01:13:31.119 --> 01:13:32.920 do you think of this class? Our mark? 1385 01:13:33.079 --> 01:13:37.079 Orsue's Mark's not there right now? Anyway, I've been I 1386 01:13:37.199 --> 01:13:39.920 sent so many people have sent me this brochure because 1387 01:13:39.920 --> 01:13:41.800 they feel it's not appropriate. 1388 01:13:42.880 --> 01:13:46.279 I don't think Tom, you know, in my opinion, based 1389 01:13:46.359 --> 01:13:49.600 on what you just read, that sounds like it's just 1390 01:13:49.680 --> 01:13:52.319 over the line between sex said and actual grooming. 1391 01:13:53.039 --> 01:13:54.439 Grooming whoa. 1392 01:13:55.760 --> 01:14:00.039 For aberrational sexual activities with minors. There is absolutely no 1393 01:14:00.239 --> 01:14:03.239 stranger out there who belongs in this kind of a 1394 01:14:03.279 --> 01:14:05.359 conversation with somebody else's child. 1395 01:14:06.119 --> 01:14:07.760 And that age. 1396 01:14:07.880 --> 01:14:11.439 Is way too early to start talking about, not by 1397 01:14:11.600 --> 01:14:17.000 non binary and transition and sexual afficilities for anybody but parents. 1398 01:14:17.359 --> 01:14:21.359 So these are adults that are sticking their nose exactly 1399 01:14:21.479 --> 01:14:22.119 where it doesn't. 1400 01:14:22.199 --> 01:14:23.399 Why do you think they're doing it? 1401 01:14:23.479 --> 01:14:26.960 Why is there such an emphasis nowadays about getting to 1402 01:14:27.000 --> 01:14:30.600 our kids? Honest to god, why is there such I 1403 01:14:30.640 --> 01:14:31.600 don't understand it. 1404 01:14:32.000 --> 01:14:34.560 I mean, do you truly think they want to groom them? 1405 01:14:34.640 --> 01:14:36.760 I refuse to believe that a bunch of adults got 1406 01:14:36.760 --> 01:14:39.439 together and said, let's groom these kids so they're more amenable. 1407 01:14:39.520 --> 01:14:40.399 This is perverted. 1408 01:14:40.720 --> 01:14:44.399 I mean, if somebody really wants to educate young kids 1409 01:14:44.439 --> 01:14:46.840 of the age that you just described, there are so 1410 01:14:47.000 --> 01:14:50.760 many more appropriate topics for strangers and teachers to discuss 1411 01:14:50.800 --> 01:14:51.439 with children. 1412 01:14:52.560 --> 01:14:54.640 But to me, talking about. 1413 01:14:54.399 --> 01:14:56.239 This is voluntary. 1414 01:14:56.279 --> 01:14:59.520 It's not a school sponsored or a state sponsored. 1415 01:15:00.239 --> 01:15:01.159 No, it is voluntary. 1416 01:15:01.800 --> 01:15:05.439 Voluntary, but I'm talking about perverted adults sticking their nose 1417 01:15:05.920 --> 01:15:10.039 into strangers children's private business, and that nose does not 1418 01:15:10.159 --> 01:15:10.840 belong there. 1419 01:15:11.039 --> 01:15:11.560 Voluntary. 1420 01:15:12.359 --> 01:15:17.079 So well yeah, okay, well what do you think about it? 1421 01:15:17.279 --> 01:15:17.479 Doc? 1422 01:15:17.560 --> 01:15:18.359 What do you think about it? 1423 01:15:18.720 --> 01:15:20.359 I I agree with Dimitri. 1424 01:15:22.119 --> 01:15:23.119 Okay, okay, So. 1425 01:15:23.079 --> 01:15:26.600 According to you too, you know your your your comments 1426 01:15:26.640 --> 01:15:28.399 sounded more accusatory than in. 1427 01:15:28.720 --> 01:15:31.039 No, no, what he meant was what he meant was 1428 01:15:31.079 --> 01:15:33.600 that we all have our own voice on this, and 1429 01:15:33.640 --> 01:15:36.399 he agrees with you. But I mean, so here's what 1430 01:15:36.479 --> 01:15:38.680 I want to know. Why are people up in arms 1431 01:15:38.720 --> 01:15:40.840 about this? If it's voluntary, don't send your kid? 1432 01:15:41.520 --> 01:15:44.560 I mean, I mean are you saying are you saying that. 1433 01:15:44.520 --> 01:15:47.319 Other kids shouldn't have? What if other parents want their 1434 01:15:47.399 --> 01:15:51.439 kids to see this? So anyway, that was my point. 1435 01:15:51.640 --> 01:15:55.079 You know what, and here's a thing it's going to 1436 01:15:55.119 --> 01:15:58.560 be let me just I just finished ahead. 1437 01:15:58.760 --> 01:15:59.279 It's going. 1438 01:16:00.800 --> 01:16:03.479 It's going to be woke parents who want their children 1439 01:16:03.520 --> 01:16:05.279 to be woke. And if they didn't go to. 1440 01:16:05.279 --> 01:16:06.840 And they have a right to do it, they would 1441 01:16:07.000 --> 01:16:07.600 they would. 1442 01:16:07.359 --> 01:16:08.079 Get it at home. 1443 01:16:08.520 --> 01:16:12.359 So it really to a point because the only people 1444 01:16:12.359 --> 01:16:14.279 that are going to be sending their kids there are 1445 01:16:14.279 --> 01:16:16.199 people who already believe in this nonsense. 1446 01:16:17.880 --> 01:16:21.359 Okay, And one thing I wanted to mention, they're they're 1447 01:16:21.399 --> 01:16:25.239 seeing from emails that I get from friends and colleagues 1448 01:16:25.279 --> 01:16:29.039 and people who just send me stuff. There seems to 1449 01:16:29.079 --> 01:16:35.479 be a fear out there amongst conservatives that somehow the 1450 01:16:35.600 --> 01:16:41.159 schools and the liberal agenda wants to groom your children 1451 01:16:41.279 --> 01:16:47.760 to accept brands gendering more than ever before. It's it's 1452 01:16:47.800 --> 01:16:52.359 a major topic. And and I want to know Mark, No, 1453 01:16:52.479 --> 01:16:53.399 Mark's not here, sus. 1454 01:16:53.439 --> 01:16:55.359 Can you do a poll? Do you know how to 1455 01:16:55.359 --> 01:16:55.840 do a poll? 1456 01:16:56.319 --> 01:16:56.399 Do? 1457 01:16:58.079 --> 01:16:59.640 Let's do a poll on YouTube. 1458 01:17:00.079 --> 01:17:05.560 Do you believe that the liberal agenda and school system 1459 01:17:06.239 --> 01:17:09.399 is to do you believe the agenda of the of 1460 01:17:09.560 --> 01:17:14.560 liberals and the school system is to groom your children 1461 01:17:16.000 --> 01:17:21.880 to accept and to encourage transgendering. 1462 01:17:22.279 --> 01:17:24.159 I'm curious again. 1463 01:17:24.479 --> 01:17:27.439 I'm not waving a flag here or trying to tell 1464 01:17:27.479 --> 01:17:30.199 you what to do. All I'm saying is what do 1465 01:17:30.239 --> 01:17:34.159 you think? Do you think there is a concerted effort? 1466 01:17:34.680 --> 01:17:37.199 You know, look at all the stuff going on outside 1467 01:17:37.199 --> 01:17:40.960 of schools and inside schools even but it almost likes 1468 01:17:41.000 --> 01:17:42.960 they're trying to indoctrinate our children. 1469 01:17:43.520 --> 01:17:47.479 Not almost there's brainwashing going on, but a lot. 1470 01:17:47.359 --> 01:17:50.479 Of people would say that's happening with conservatives or the 1471 01:17:50.600 --> 01:17:53.399 Christian right, you know, the same kind of thing, only 1472 01:17:53.520 --> 01:17:54.319 the other side. 1473 01:17:54.399 --> 01:17:56.399 It's also brainwashing. Again. 1474 01:17:56.960 --> 01:18:00.840 I think parents and family see were melting pot in 1475 01:18:00.880 --> 01:18:05.239 America other than and I don't think anybody liberal or 1476 01:18:05.279 --> 01:18:08.840 conservative truly believe in discrimination and hate. 1477 01:18:08.960 --> 01:18:09.560 I don't. 1478 01:18:09.760 --> 01:18:13.159 I think those are weapon words used by each other 1479 01:18:13.479 --> 01:18:16.800 to make them look bad. I think that if we 1480 01:18:16.840 --> 01:18:20.319 can agree that we're not coming from a position of hate, 1481 01:18:20.880 --> 01:18:25.720 then we should be able to groom our own children. 1482 01:18:26.039 --> 01:18:29.319 Our children should be brought up with our system of values. 1483 01:18:29.600 --> 01:18:34.079 That's what families are, and different families have different values. 1484 01:18:34.359 --> 01:18:40.439 One family can't dictate another family. Okay, that's where I stand. 1485 01:18:40.640 --> 01:18:45.319 I mean, why is there a concerted effort with these 1486 01:18:45.359 --> 01:18:50.399 story times and morality plays and summer camps. Why is 1487 01:18:50.439 --> 01:18:53.840 there a concerted effort to try to groom our children? 1488 01:18:54.000 --> 01:18:54.680 Or is there not? 1489 01:18:54.840 --> 01:18:58.840 Maybe I'm exaggerating, you're saying, you're saying there's brainwashing. 1490 01:18:59.199 --> 01:19:00.800 I'd like to know, sus. 1491 01:19:00.880 --> 01:19:04.119 If you can put up that poll, we'll find out 1492 01:19:04.560 --> 01:19:12.399 right after this, I'm Tom Martino. More coming up, Go 1493 01:19:12.560 --> 01:19:16.279 with a sure thing Denver's best roofer Excel Roofing dot com. 1494 01:19:16.319 --> 01:19:22.039 You don't pay a cent until you're content. Time for 1495 01:19:22.079 --> 01:19:25.840 an insurance checkup free, no obligation. In comparison, call Compass 1496 01:19:25.880 --> 01:19:29.159 Insurance paying too much your coverage at dozens of insurance 1497 01:19:29.159 --> 01:19:31.680 companies find out now three all three seven to seven 1498 01:19:31.680 --> 01:19:31.920 to one. 1499 01:19:32.039 --> 01:19:32.319 Help. 1500 01:19:32.439 --> 01:19:35.079 You'll think you're his only customer when you choose Frank 1501 01:19:35.159 --> 01:19:37.600 durand the real estate Man dot com to list your 1502 01:19:37.640 --> 01:19:41.279 home with Remax Alliance three three nine two zero sixteen 1503 01:19:41.359 --> 01:19:50.079 twenty two. Hi, Tom Martine, your troubleshooter. Let's talk to Chris. 1504 01:19:50.560 --> 01:19:52.039 Hey Chris, what's going on with you? 1505 01:19:54.800 --> 01:19:57.399 Yeah? Hey, time, I just want to Chris comment on this. 1506 01:19:59.439 --> 01:20:02.560 Yes, do you think our children are being groomed? Do 1507 01:20:02.640 --> 01:20:04.319 you think our children are being groomed? 1508 01:20:07.760 --> 01:20:08.279 Yeah? 1509 01:20:08.479 --> 01:20:12.119 It's and that's why this summer camp exists. This stuff 1510 01:20:12.159 --> 01:20:13.840 is selling like hotcakes right now. 1511 01:20:14.600 --> 01:20:15.000 Totally. 1512 01:20:15.880 --> 01:20:19.359 Wait, I think, don't you think they're being more rejected 1513 01:20:19.359 --> 01:20:20.199 than accepted? 1514 01:20:22.640 --> 01:20:25.439 Well, well, I guess that that that. We'll have to 1515 01:20:25.479 --> 01:20:27.319 wait and see if they make any money on this 1516 01:20:27.760 --> 01:20:28.840 disgusting endeavor. 1517 01:20:30.560 --> 01:20:32.840 I'm not sure they're doing it for money. I don't know, 1518 01:20:33.119 --> 01:20:34.600 you know, I don't get it anyway. 1519 01:20:34.920 --> 01:20:38.119 There are so many people now that believe that they 1520 01:20:38.159 --> 01:20:39.920 have a right to raise our children. 1521 01:20:39.920 --> 01:20:42.880 The school system. Do you know there were school. 1522 01:20:42.560 --> 01:20:47.920 Systems under the Biden administration, The Department of Education classified 1523 01:20:48.000 --> 01:20:53.520 parents as domestic terrorists, as possible domestic terrorists because they 1524 01:20:53.640 --> 01:20:57.840 wanted to they wanted to have a say in their 1525 01:20:57.920 --> 01:20:59.439 son and daughters. 1526 01:21:00.960 --> 01:21:04.079 Activity at school and right. 1527 01:21:04.520 --> 01:21:06.239 I don't know if it is like this now, but 1528 01:21:06.319 --> 01:21:08.520 it was under the Biden administration. 1529 01:21:08.600 --> 01:21:11.680 And I read posts from girls, real girls. This happened to. 1530 01:21:12.199 --> 01:21:15.000 They're in their locker room and a boy walks in 1531 01:21:15.319 --> 01:21:18.439 and takes off his clothes, fully a boy, but he 1532 01:21:18.560 --> 01:21:19.720 calls himself a girl. 1533 01:21:20.159 --> 01:21:23.680 And he has never once, never, ever, ever done that 1534 01:21:23.720 --> 01:21:25.720 in all the previous years. You know. 1535 01:21:25.840 --> 01:21:28.399 Now people can say, well, now it's accepted, that's why, 1536 01:21:28.439 --> 01:21:31.920 and that's a good thing. But I mean, not even 1537 01:21:31.960 --> 01:21:35.399 the commitment of a sex change operation or hormones. Just 1538 01:21:35.600 --> 01:21:39.000 a full blooded boy saying I'm a girl and everyone 1539 01:21:39.039 --> 01:21:42.079 accepts it. Whoever heard of such a thing. That's the 1540 01:21:42.119 --> 01:21:44.800 part that gets me. Do you know they were getting 1541 01:21:44.920 --> 01:21:47.560 people going to prison. And if the man said I'm 1542 01:21:47.600 --> 01:21:50.479 a woman, it didn't matter if he ever lived as 1543 01:21:50.520 --> 01:21:53.439 a woman for a second in his life, they would 1544 01:21:53.479 --> 01:21:56.239 believe him and he could go to a woman's prison. 1545 01:21:56.560 --> 01:21:57.399 Now that's sick. 1546 01:21:58.840 --> 01:22:01.720 But I think the big problem, the really the biggest 1547 01:22:01.720 --> 01:22:04.159 problem is I want people to live and let live. 1548 01:22:04.399 --> 01:22:07.720 But I believe there's a certain fairness, and it's it's 1549 01:22:07.840 --> 01:22:11.960 killing female sports. That's the part that bothers me, is 1550 01:22:12.000 --> 01:22:15.640 that you can live the way you want, But why 1551 01:22:15.920 --> 01:22:18.319 in God's name would you take a girl's worked her 1552 01:22:18.600 --> 01:22:21.239 ass off for all of her life and she gets 1553 01:22:21.279 --> 01:22:25.439 beat out by some rank male who couldn't make it 1554 01:22:25.479 --> 01:22:29.520 in the male world. It just it's just it's it's 1555 01:22:29.560 --> 01:22:33.399 amazing to me that the women's see this, the women's 1556 01:22:33.439 --> 01:22:34.960 lib movement from years ago. 1557 01:22:35.720 --> 01:22:39.239 You know, it's nothing like it used to be. Nothing, nothing. 1558 01:22:39.680 --> 01:22:43.279 They've become so woke they have forgotten to protect their 1559 01:22:43.279 --> 01:22:46.840 own people, and and it has stound The whole thing 1560 01:22:46.840 --> 01:22:48.680 astounds me. I don't mean to make a speech, but 1561 01:22:48.720 --> 01:22:51.000 it astounds me. And it should astound you too, one 1562 01:22:51.000 --> 01:22:51.720 way or another. 1563 01:22:52.199 --> 01:22:52.720 You should be. 1564 01:22:52.760 --> 01:22:55.880 Either highly in favor or against it. But you can't 1565 01:22:55.880 --> 01:22:58.920 stay neutral on that three oh three seven one three 1566 01:22:58.880 --> 01:23:08.399 eight two five five. Go with a sure thing Denver's 1567 01:23:08.439 --> 01:23:10.720 best roofer Excel Roofing dot com. 1568 01:23:10.760 --> 01:23:13.960 You don't pay a cent until you're content than. 1569 01:23:16.159 --> 01:23:19.319 Time for an insurance check up free no obligation comparison 1570 01:23:19.479 --> 01:23:23.039 call Compass Insurance paying too much your coverage at dozens 1571 01:23:23.039 --> 01:23:25.760 of insurance companies find out now three oh three seven 1572 01:23:25.760 --> 01:23:28.119 to seven to one help. You'll think you're his only 1573 01:23:28.199 --> 01:23:30.680 customer when you choose Frank durand the real estate Man 1574 01:23:30.720 --> 01:23:34.199 dot com to list your home with Remax Alliance three 1575 01:23:34.199 --> 01:23:40.239 oh three nine two zero sixteen twenty two. Hi Tom 1576 01:23:40.279 --> 01:23:43.760 Martine here three O three seven one three talk seven 1577 01:23:43.840 --> 01:23:46.800 one three eight two five five. So if you have 1578 01:23:46.840 --> 01:23:48.880 a problem, question or complaint, make sure you give us 1579 01:23:48.880 --> 01:23:52.159 a call, and if not, just listen and be smarter 1580 01:23:52.319 --> 01:23:58.239 for it. I began talking about scams on my show earlier, 1581 01:23:58.479 --> 01:24:03.720 and this this has been since COVID. There has never 1582 01:24:03.760 --> 01:24:07.319 been a period in time when there are these many 1583 01:24:07.359 --> 01:24:10.920 scams going on, and I kind of outlined some scams here. 1584 01:24:10.960 --> 01:24:11.840 I want to go over it, and. 1585 01:24:11.800 --> 01:24:15.800 I would love for you to expose scams if you 1586 01:24:15.880 --> 01:24:19.000 were even if someone attempted to scam you, or if 1587 01:24:19.039 --> 01:24:21.720 you know of a scam better Yet, the best call 1588 01:24:21.800 --> 01:24:25.000 in the world would be if a scammer, a con 1589 01:24:25.079 --> 01:24:28.039 artist calls me and says, yeah, I'm one, and here's why. 1590 01:24:28.680 --> 01:24:31.479 I would absolutely love it. But I'm gonna give I'm 1591 01:24:31.520 --> 01:24:34.000 going to go over some of them now. The bank 1592 01:24:34.279 --> 01:24:39.239 access scams, the bank account access access scams, we all 1593 01:24:39.239 --> 01:24:42.640 have seen them right or heard about them. That's where 1594 01:24:42.760 --> 01:24:45.800 somehow they want to gain access to your bank account 1595 01:24:46.079 --> 01:24:49.520 through a phishing expedition. So what does that mean. Well, 1596 01:24:49.760 --> 01:24:51.880 they can do it with a PC scam, they can 1597 01:24:51.880 --> 01:24:55.560 do it with a all kinds of scams, a check scam, 1598 01:24:55.960 --> 01:24:58.720 they can do it with, Oh we debited your account 1599 01:24:58.720 --> 01:25:00.720 by mistake, we have to put them money back in. 1600 01:25:01.199 --> 01:25:03.199 There are so many excuses they give. 1601 01:25:04.119 --> 01:25:08.439 And never ever, ever, ever, ever, ever, ever, ever. 1602 01:25:08.560 --> 01:25:11.680 Will a bank employee ask for access to your account. 1603 01:25:11.680 --> 01:25:11.960 Ever. 1604 01:25:12.600 --> 01:25:14.520 They will never be on the phone with you to 1605 01:25:14.600 --> 01:25:17.199 do that. They won't do it by phone. They won't 1606 01:25:17.239 --> 01:25:19.000 even do it in person. If someone knocked at your 1607 01:25:19.039 --> 01:25:21.159 door and said, I'm from the bank and we need 1608 01:25:21.199 --> 01:25:22.680 access to your account. 1609 01:25:22.600 --> 01:25:25.039 No one will ever do that. They have access to your. 1610 01:25:24.920 --> 01:25:30.239 Account, so bank account access scams. If anyone wants any 1611 01:25:30.319 --> 01:25:35.399 kind of exposure access numbers to your bank account, just 1612 01:25:36.119 --> 01:25:41.079 say no. Never ever, ever, there's no reason. The only 1613 01:25:41.199 --> 01:25:45.000 time you do your your your routing number and account 1614 01:25:45.119 --> 01:25:50.079 number to someone is if it is a respectable online portal, 1615 01:25:50.439 --> 01:25:53.039 like let's say you want it to take an ACCH 1616 01:25:53.079 --> 01:25:55.920 payment out to pay your electric bill or something like that. 1617 01:25:56.199 --> 01:25:59.800 You can enter those into your login portal and make 1618 01:25:59.840 --> 01:26:03.079 all payments, but be very careful that you're on the 1619 01:26:03.159 --> 01:26:03.960 real portals. 1620 01:26:04.039 --> 01:26:05.720 It's very, very dangerous. 1621 01:26:06.279 --> 01:26:11.279 So bank account access scams, my god, are they dangerous? 1622 01:26:11.680 --> 01:26:15.720 Because again, do you know you're going to excel the 1623 01:26:15.840 --> 01:26:18.359 real site to put in your bank information. There are 1624 01:26:18.359 --> 01:26:21.000 a lot of clone sites out there. There are ways 1625 01:26:21.039 --> 01:26:24.000 to read URLs to see that you're in the true website, 1626 01:26:24.600 --> 01:26:32.479 so listen. I've gotten texted before and went on the 1627 01:26:32.560 --> 01:26:36.319 link and been tricked before on certain things. Never did 1628 01:26:36.319 --> 01:26:39.600 I get any money stolen because I realized it was 1629 01:26:39.640 --> 01:26:42.319 a scam because they always come up with clever ways 1630 01:26:42.359 --> 01:26:46.640 to get you to link. You should never ever press 1631 01:26:46.720 --> 01:26:51.199 a link on a text ever, never ever, ever, unless 1632 01:26:51.399 --> 01:26:53.479 and even if it's from a friend of yours. They 1633 01:26:53.520 --> 01:26:57.479 are even cloning or hacking into your friends and sending 1634 01:26:57.479 --> 01:26:58.319 out bad links. 1635 01:26:58.399 --> 01:26:59.439 What were you gonna say. 1636 01:26:59.279 --> 01:27:01.119 Doc, Ever, ever. 1637 01:27:02.439 --> 01:27:08.399 Allow someone to use a program called any desk. Any 1638 01:27:08.479 --> 01:27:13.079 desk allows the scammer total access to your computer and 1639 01:27:13.239 --> 01:27:15.399 all your files, so anytime something. 1640 01:27:15.479 --> 01:27:20.840 There are other remote programs as well, though, Doctor, Okay, 1641 01:27:21.199 --> 01:27:22.760 I say don't let them. 1642 01:27:22.680 --> 01:27:27.960 Use any I mean any kind of access to your 1643 01:27:28.000 --> 01:27:29.640 PC ever ever? 1644 01:27:30.359 --> 01:27:32.479 Three oh three seven one three talk seven one three 1645 01:27:32.560 --> 01:27:33.279 eight two five five. 1646 01:27:33.520 --> 01:27:34.840 Now that's just one scam. 1647 01:27:34.880 --> 01:27:38.680 Bank account access scams which takes on many forms. Okay, 1648 01:27:38.920 --> 01:27:42.159 so it's one major category, but takes on many forms 1649 01:27:42.239 --> 01:27:45.399 more coming right up on the Troubleshooter Show. Listen to this, Okay, 1650 01:27:45.720 --> 01:27:49.000 Dan McKenzie, will do a will, a trust. He can 1651 01:27:49.079 --> 01:27:51.279 keep you out of probate. Or if you're facing probate, 1652 01:27:51.359 --> 01:27:54.239 someone just died, or you found out you have an illness. 1653 01:27:54.279 --> 01:27:56.439 Maybe you need something in a hurry. Maybe you just 1654 01:27:56.479 --> 01:27:59.560 need a simple will. Dan McKenzie, McKenzie law. He's a 1655 01:27:59.600 --> 01:28:03.760 great and here's where you can reach him. Eight three 1656 01:28:03.840 --> 01:28:07.640 three co plans It's that easy for Colorado three eight 1657 01:28:07.680 --> 01:28:16.840 three three co plans or co plans dot co go 1658 01:28:16.960 --> 01:28:20.720 with a sure thing Denver's best roofer Excel Roofing dot com. 1659 01:28:20.720 --> 01:28:26.479 You don't pay a cent until you're content. Time for 1660 01:28:26.520 --> 01:28:30.279 an insurance check up free, no obligation. Comparison call Compass 1661 01:28:30.319 --> 01:28:33.600 Insurance paying too much your coverage at dozens of insurance 1662 01:28:33.600 --> 01:28:36.119 companies find out now three oh three seven seven to 1663 01:28:36.159 --> 01:28:38.960 one help. You'll think you're his only customer when you 1664 01:28:39.039 --> 01:28:41.479 choose Frank durand the real estate Man dot com to 1665 01:28:41.560 --> 01:28:44.760 list your home with Remax Alliance three oh three nine 1666 01:28:44.800 --> 01:28:46.279 two zero sixteen twenty two. 1667 01:28:49.800 --> 01:28:53.319 I I'm Tom Martino. You're a troubleshooter DJ. What's going 1668 01:28:53.359 --> 01:28:53.760 on with you? 1669 01:28:53.880 --> 01:28:54.159 DJ? 1670 01:28:54.279 --> 01:28:55.079 How can we help you? 1671 01:28:58.880 --> 01:29:01.000 Question? Vise a card? 1672 01:29:01.159 --> 01:29:03.720 There you are? Go ahead. Yeah. 1673 01:29:04.000 --> 01:29:09.119 So this was a music merchant, so UH paying for 1674 01:29:09.319 --> 01:29:13.319 music lessons. So we were we were going back to 1675 01:29:13.399 --> 01:29:18.640 the same place. We agreed to. UH pay on a 1676 01:29:20.399 --> 01:29:23.079 come as you go basis, like when you have a 1677 01:29:23.159 --> 01:29:27.560 lesson pay So yeah, I think it would. So it's 1678 01:29:27.600 --> 01:29:34.920 been squared away. The merchant isn't burtantly. UH kept my 1679 01:29:35.039 --> 01:29:40.159 credit card information and UH I went to a lesson. 1680 01:29:40.880 --> 01:29:45.640 They were busy. I didn't pay afterwards, so they they 1681 01:29:45.800 --> 01:29:49.600 charged it and that's okay. But I didn't like him. 1682 01:29:49.880 --> 01:29:53.159 He never asked me if they could keep my credit 1683 01:29:53.199 --> 01:29:57.159 card information, and. 1684 01:29:56.039 --> 01:30:00.279 They in it burtontly in it burtantly. They had a 1685 01:30:00.439 --> 01:30:05.520 recurring charge of two hundred and ten dollars that came 1686 01:30:05.560 --> 01:30:07.680 on my account that had nothing to do with me, 1687 01:30:08.319 --> 01:30:10.920 And so I called them and we ironed it out, 1688 01:30:11.199 --> 01:30:13.399 and since then I've moved forward. 1689 01:30:14.399 --> 01:30:18.159 But I'm not doing business with them for some other reasons. 1690 01:30:18.600 --> 01:30:21.720 But my question is, how about a credit card? 1691 01:30:22.199 --> 01:30:22.640 Tom? 1692 01:30:22.760 --> 01:30:26.560 For forty eight years I've had credit cards. I've never 1693 01:30:26.600 --> 01:30:29.880 had a merchant keep my own. I think they made 1694 01:30:29.880 --> 01:30:31.600 a mistake, but I've never had a movie. 1695 01:30:31.800 --> 01:30:34.000 Well hold on now, DJ hold on. 1696 01:30:35.359 --> 01:30:39.159 In almost every credit card transaction I do, there's a 1697 01:30:39.159 --> 01:30:42.199 little checkbox that says keep for future payment. 1698 01:30:42.319 --> 01:30:43.079 Question mark. 1699 01:30:43.560 --> 01:30:47.720 Now, sus with us, isn't there a regulation on how 1700 01:30:47.760 --> 01:30:50.159 you keep credit card information? And if you keep it, 1701 01:30:50.199 --> 01:30:52.279 and don't you have to get permission to keep it? 1702 01:30:52.680 --> 01:30:55.520 Do you deal with that sometimes? Right, Susan? 1703 01:30:55.720 --> 01:30:58.239 I mean you have to stay compliant with the merchants 1704 01:30:58.399 --> 01:31:01.119 that you use. And yes, Tom, you can't just store. 1705 01:31:01.279 --> 01:31:04.279 You can't willy nilly store credit card information, that's for. 1706 01:31:04.199 --> 01:31:09.039 Sure, Right, you have to give specific pormation US permission 1707 01:31:09.920 --> 01:31:11.720 to store your credit card information. 1708 01:31:12.159 --> 01:31:13.920 Yes, and you've never done that. 1709 01:31:14.840 --> 01:31:18.000 No, I don't get permission. But most of it's coded 1710 01:31:18.039 --> 01:31:19.159 like GJDJ. 1711 01:31:19.439 --> 01:31:23.520 Might have done it without knowing it, because sometimes when 1712 01:31:23.560 --> 01:31:27.279 you when you're filling stuff out, it says sometimes to 1713 01:31:27.319 --> 01:31:31.039 opt out of it. You know, it's tricky, So you 1714 01:31:31.119 --> 01:31:33.159 could have filled out something that said they had the 1715 01:31:33.239 --> 01:31:33.920 right to do that. 1716 01:31:35.279 --> 01:31:38.560 I never filled out anything, so it was just over 1717 01:31:38.600 --> 01:31:41.760 the counter with the computer jazz like. 1718 01:31:41.920 --> 01:31:44.520 Listen to this. I believe it was I believe it 1719 01:31:44.560 --> 01:31:47.000 was years ago. It was direct TV. Listen to this one. 1720 01:31:47.720 --> 01:31:49.880 A dad helped out his daughter and paid her direct 1721 01:31:49.880 --> 01:31:53.239 TV bill or it could have been cable for some reason. 1722 01:31:53.359 --> 01:31:59.199 I'm remembering direct TV, and so she then paid him back. 1723 01:31:59.800 --> 01:32:03.479 She is an adult daughter. Sometime down the road she 1724 01:32:03.520 --> 01:32:06.960 got into financial trouble again and there was an amount 1725 01:32:07.079 --> 01:32:10.000 passed due. They took it out of his previous credit card, 1726 01:32:10.399 --> 01:32:13.119 and there was little small print for anyone who made 1727 01:32:13.119 --> 01:32:16.359 a payment on that account, mostly the account holder they 1728 01:32:16.399 --> 01:32:18.359 meant it for, but for if you were making a 1729 01:32:18.399 --> 01:32:21.600 payment on that account, you agreed by making this pay 1730 01:32:21.760 --> 01:32:24.880 by cricket card that any future death is it could 1731 01:32:24.920 --> 01:32:28.239 be taken from it. So who knows what you signed 1732 01:32:28.279 --> 01:32:31.119 DJ But it's a good thing you discontinued business with them, 1733 01:32:31.399 --> 01:32:32.720 and that's a wise thing to do. 1734 01:32:33.199 --> 01:32:34.720 You have to really be careful. 1735 01:32:35.039 --> 01:32:37.760 You know, there are these services now True Bill and 1736 01:32:37.760 --> 01:32:41.079 stuff like that on that you can download these apps 1737 01:32:41.319 --> 01:32:44.680 and they crawl your credit card bills. Now, those alone, 1738 01:32:45.000 --> 01:32:47.560 I get spooked about because they want to know your 1739 01:32:47.680 --> 01:32:49.479 user name and pass where, and they get into your 1740 01:32:49.479 --> 01:32:54.720 credit card. But they apparently say they're going to find prescriptions. 1741 01:32:54.760 --> 01:32:56.920 You didn't even know you had subscriptions. You didn't you 1742 01:32:57.000 --> 01:32:59.239 know you had things that you pay on a regular 1743 01:32:59.279 --> 01:33:01.680 basis that you know you had. And they say it's 1744 01:33:01.720 --> 01:33:05.159 a very prevalent problem that almost every credit card holder 1745 01:33:05.199 --> 01:33:08.159 will have monthly charges on there they never check or 1746 01:33:08.239 --> 01:33:08.720 know about. 1747 01:33:09.039 --> 01:33:12.560 Now I do, because of sues. 1748 01:33:14.159 --> 01:33:17.600 But she doesn't do. She does our business cards, she 1749 01:33:17.600 --> 01:33:20.520 doesn't do my personal ones. I fear there's so much 1750 01:33:20.600 --> 01:33:24.359 junk on my personal card. I fear to look at it. 1751 01:33:25.119 --> 01:33:29.000 I mean so much junk, meaning that I didn't authorize. 1752 01:33:28.479 --> 01:33:31.319 I get texts once in a while, Did you authorize this? 1753 01:33:31.359 --> 01:33:32.119 Did you authorize that? 1754 01:33:33.239 --> 01:33:33.439 No? 1755 01:33:33.439 --> 01:33:36.720 No, what I mean, is this I charge so much 1756 01:33:36.840 --> 01:33:37.920 it's hard for me to go. 1757 01:33:37.880 --> 01:33:40.520 Through and remember every one of them. And they're not. 1758 01:33:40.479 --> 01:33:43.039 All just obvious, like if you buy a cup at 1759 01:33:43.079 --> 01:33:45.800 the cup store, it might come through as you know, 1760 01:33:46.119 --> 01:33:47.319 Porcelain Unlimited. 1761 01:33:47.359 --> 01:33:49.760 I don't know. I mean the name of the company. 1762 01:33:49.399 --> 01:33:52.560 Doesn't always match what you shopped or where you shopped. 1763 01:33:52.560 --> 01:33:56.560 It doesn't always do it. Yeah, and it's hard. So 1764 01:33:56.680 --> 01:33:57.359 I need sus. 1765 01:33:57.399 --> 01:33:59.279 I need to hire suits and start going over my 1766 01:33:59.359 --> 01:34:02.560 private stuff as well, because she's like the bomb when 1767 01:34:02.560 --> 01:34:06.319 it comes to she's like, Radar, what did you do 1768 01:34:06.399 --> 01:34:11.319 this charge for? She's found more crap on me. So anyway, 1769 01:34:11.479 --> 01:34:13.119 that's what we need to do. We need to be 1770 01:34:13.159 --> 01:34:15.760 more vigilant. For sure. We got more coming up on 1771 01:34:15.800 --> 01:34:20.560 the Troubleshooter Show. Oh we're all done with brakes. I'm 1772 01:34:20.640 --> 01:34:21.880 happy about that, Brooke White. 1773 01:34:22.279 --> 01:34:22.720 I got a. 1774 01:34:22.720 --> 01:34:26.239 Text about solar somebody said specifically they want to know 1775 01:34:26.279 --> 01:34:30.119 about the REAP grant. They thought it was only rural businesses. 1776 01:34:30.239 --> 01:34:33.439 Go ahead, elaborate on that. This is for anyone in 1777 01:34:33.520 --> 01:34:36.079 business who is thinking about a solar system. 1778 01:34:36.680 --> 01:34:38.159 They want to know about that. Go ahead. 1779 01:34:38.560 --> 01:34:38.880 Yeah. 1780 01:34:38.920 --> 01:34:42.439 So unfortunately, the REAP grant was a federal grant and 1781 01:34:42.479 --> 01:34:45.319 that has been put on hold with. 1782 01:34:45.640 --> 01:34:47.399 A couple of the federal grant program. 1783 01:34:47.520 --> 01:34:51.359 Oh because wait a minute, because of Elon so. 1784 01:34:51.760 --> 01:34:52.880 Rich, which would be weird. 1785 01:34:53.319 --> 01:34:58.239 The state has a micro grid grant that anybody can 1786 01:34:58.319 --> 01:35:03.039 apply to. It's not depending on location, it's dependent on 1787 01:35:03.119 --> 01:35:06.399 what that solar field will provide power to. It goes 1788 01:35:06.520 --> 01:35:09.319 up to two and a half million, where it would 1789 01:35:09.399 --> 01:35:11.920 do fifty percent of the project or twenty five percent 1790 01:35:11.960 --> 01:35:14.199 of the project, depending on how big the project is. 1791 01:35:15.159 --> 01:35:17.600 Oh so this is still a pretty good program. 1792 01:35:17.800 --> 01:35:19.439 Yeah, it's it's a great program. 1793 01:35:19.520 --> 01:35:22.039 It's actually better than the rep grant program because it's 1794 01:35:22.079 --> 01:35:23.520 not dependent on can you get. 1795 01:35:23.359 --> 01:35:25.800 One hundred percent? Can you get one hundred percent done? 1796 01:35:27.000 --> 01:35:27.119 Uh? 1797 01:35:27.960 --> 01:35:31.199 So, let's say the project's one hundred thousands. It's the 1798 01:35:31.319 --> 01:35:35.640 exact same setup as the REAP grant, So the bare 1799 01:35:35.720 --> 01:35:38.680 minimum you would get back would be one hundred and 1800 01:35:39.079 --> 01:35:41.560 thirteen percent of the projects So one hundred and thirteen 1801 01:35:41.600 --> 01:35:43.199 thousand to do it plus the income. 1802 01:35:43.359 --> 01:35:46.079 Are there people, Brooke, are you telling me there are 1803 01:35:46.119 --> 01:35:49.439 really people who get a solar system paid for with 1804 01:35:49.520 --> 01:35:51.800 a government grant and put cash in their pocket? 1805 01:35:52.520 --> 01:35:52.720 Yeah? 1806 01:35:52.720 --> 01:35:54.520 Absolutely, one hundred percent. 1807 01:35:54.680 --> 01:35:57.199 Liar, liar, pants on fire? Are you kidding me? Really? 1808 01:35:57.600 --> 01:35:57.880 Yeah? 1809 01:35:57.920 --> 01:36:03.439 Really, it's incredible. Why would the government allow that overpayment? 1810 01:36:03.520 --> 01:36:07.479 Why do they allow it? 1811 01:36:08.079 --> 01:36:09.760 Why were the rules set up that way? I think 1812 01:36:09.760 --> 01:36:11.800 it's the same way to say, why I were bankruptcy 1813 01:36:11.880 --> 01:36:12.920 rules set up that way? 1814 01:36:13.039 --> 01:36:15.800 I mean, okay, so in another word, I can't dictate 1815 01:36:15.840 --> 01:36:17.199 you apply it and you. 1816 01:36:17.159 --> 01:36:19.319 Don't have to do anything fishy at all. 1817 01:36:19.520 --> 01:36:23.239 If I have a business, agriculture or regular business, and 1818 01:36:23.399 --> 01:36:27.279 I apply for this grant and the system costs me 1819 01:36:27.319 --> 01:36:30.399 one hundred grand, I can literally put in a I 1820 01:36:30.439 --> 01:36:32.800 can get one hundred and thirteen and put thirteen in 1821 01:36:32.840 --> 01:36:33.439 my pocket. 1822 01:36:33.560 --> 01:36:33.720 Yep. 1823 01:36:33.800 --> 01:36:36.279 Absolutely, as long as you've got the tax liability, the 1824 01:36:36.279 --> 01:36:39.279 grant will cover fifty percent of the project or twenty 1825 01:36:39.279 --> 01:36:42.560 five again, depending on the size, and the government benefits 1826 01:36:42.600 --> 01:36:45.640 will either cover between sixty four percent of the project 1827 01:36:45.840 --> 01:36:47.520 or ninety four percent of the project. 1828 01:36:47.600 --> 01:36:49.159 It just a pot So is part of that a 1829 01:36:49.239 --> 01:36:51.600 tax credit or is it an actual grant? 1830 01:36:51.960 --> 01:36:57.000 The tax credits range from forty percent of the project 1831 01:36:57.159 --> 01:36:59.960 to seventy percent of the project, and then depreciation is 1832 01:37:00.079 --> 01:37:00.920 twenty four percent. 1833 01:37:02.199 --> 01:37:05.079 Okay, so what you're saying is in order to get 1834 01:37:05.079 --> 01:37:08.159 that full amount, you have to have a tax obligation 1835 01:37:08.560 --> 01:37:13.039 that can absorb a seventy seventy percent tax credit exactly. 1836 01:37:13.159 --> 01:37:13.439 Yep. 1837 01:37:14.159 --> 01:37:16.920 Are you allowed to put it into the future, yep, yep. 1838 01:37:16.960 --> 01:37:19.479 You've got twenty years to roll it over and. 1839 01:37:19.720 --> 01:37:22.840 Then almost anyone, almost anyone could do that, right or 1840 01:37:22.880 --> 01:37:27.720 are there people? Are there businesses virtually not hardly paying 1841 01:37:27.760 --> 01:37:29.640 and they can't do it. So you're saying you have 1842 01:37:29.720 --> 01:37:32.000 to have you have to be able to use the credits. 1843 01:37:32.239 --> 01:37:34.479 Can you sell the credits like consumers do. 1844 01:37:34.800 --> 01:37:36.680 Yeah, absolutely, you can sell the tax credits. 1845 01:37:38.399 --> 01:37:41.760 So what you're saying is if you have a commercial outfit, 1846 01:37:43.000 --> 01:37:44.520 most likely you don't even pay. 1847 01:37:44.479 --> 01:37:46.039 For the system. 1848 01:37:46.279 --> 01:37:46.439 Uh. 1849 01:37:47.000 --> 01:37:48.359 I want to make it really clear. 1850 01:37:48.560 --> 01:37:52.840 Everything in solars as a reimbursement, So you would be 1851 01:37:52.920 --> 01:37:57.680 paying initially, but you would be receiving that reimbursement within 1852 01:37:57.760 --> 01:38:02.039 the year that it was installed. So if you started 1853 01:38:02.039 --> 01:38:04.439 the project now, you would pay me one hundred thousand, 1854 01:38:04.600 --> 01:38:07.439 but before December of this year, you would have all 1855 01:38:07.479 --> 01:38:11.479 of that back, right, Brooks, So real clear, it's a 1856 01:38:11.479 --> 01:38:12.199 real Okay. 1857 01:38:11.960 --> 01:38:15.079 I understand brook We Deputy d as a question, go 1858 01:38:15.079 --> 01:38:15.960 ahead dated Brook. 1859 01:38:16.079 --> 01:38:19.520 It sounds like, you know, when you initially started this conversation, 1860 01:38:19.720 --> 01:38:23.600 you use the term grant to cover both a payment 1861 01:38:23.680 --> 01:38:26.199 from the state and a tax credit. 1862 01:38:26.279 --> 01:38:27.920 But as you know, they're totally different. 1863 01:38:27.920 --> 01:38:28.119 To me. 1864 01:38:28.199 --> 01:38:30.800 A grant means she knows that she knows, and the 1865 01:38:30.920 --> 01:38:33.520 tax credit is something you apply to your taxes later. 1866 01:38:33.880 --> 01:38:37.279 So this one hundred thousand dollars example that you just used. 1867 01:38:37.319 --> 01:38:39.119 Part of it is grand and part of. 1868 01:38:39.279 --> 01:38:41.720 Much of the check will I get by the end 1869 01:38:41.760 --> 01:38:43.920 of the year, and how much of it will be 1870 01:38:43.960 --> 01:38:44.880 a tax credit? 1871 01:38:45.279 --> 01:38:48.079 Yeah, that's a great question, depending on your taxes. So 1872 01:38:48.119 --> 01:38:50.640 if you're doing this as a business, and let's say 1873 01:38:50.720 --> 01:38:54.520 in the last for three years of business, you've paid 1874 01:38:54.520 --> 01:38:58.680 the government thirty grand every year, then as a business, 1875 01:38:58.720 --> 01:39:03.479 you're able to redo your taxes for three years past. 1876 01:39:03.680 --> 01:39:06.239 So that would actually be a hard rebate check back. 1877 01:39:06.319 --> 01:39:07.880 Your tax credits would become a rebate. 1878 01:39:08.079 --> 01:39:08.840 Does that make sense. 1879 01:39:10.159 --> 01:39:13.239 Yes, So you get a tax rebate from the past 1880 01:39:13.279 --> 01:39:16.399 three years and you go future twenty years for credits. 1881 01:39:16.520 --> 01:39:18.640 Yep, you can as long until you use up the 1882 01:39:18.640 --> 01:39:21.279 full amount, and then the grant covers, like I said, 1883 01:39:21.399 --> 01:39:24.479 twenty five or fifty percent, depending on the system size. 1884 01:39:25.680 --> 01:39:28.960 So really, so if you get twenty five percent and 1885 01:39:29.000 --> 01:39:31.479 plus the tax credit, you're going over one hundred percent. 1886 01:39:31.920 --> 01:39:34.319 You can. Yeah, it just depends on where you're located. 1887 01:39:34.399 --> 01:39:38.640 So again, places like Cripple Creek where it's considered low income, 1888 01:39:38.760 --> 01:39:40.800 it's an old mining community, there's a. 1889 01:39:40.800 --> 01:39:41.640 Couple other things. 1890 01:39:42.199 --> 01:39:45.359 Those places actually have ninety four percent of a system 1891 01:39:45.439 --> 01:39:49.239 covered by tax credits. If you have a system that 1892 01:39:49.279 --> 01:39:51.880 you're looking at out in Parker, you're looking at having 1893 01:39:52.079 --> 01:39:54.840 sixty four percent of it covered with tax benefits and 1894 01:39:54.880 --> 01:39:57.640 then the twenty five percent in the grant. 1895 01:39:57.960 --> 01:39:59.760 You might not make it to one hundred. So it's 1896 01:39:59.760 --> 01:40:00.640 low location. 1897 01:40:00.479 --> 01:40:04.479 Based as well for all of the tax credits, but 1898 01:40:04.680 --> 01:40:07.720 you're minimally getting sixty four percent covered with tax credits 1899 01:40:08.039 --> 01:40:09.119 wherever you're located. 1900 01:40:11.239 --> 01:40:13.359 Any follow ups, I mean, I think it's incredible. 1901 01:40:13.479 --> 01:40:15.399 Now, what's the best you can do for a homeowner 1902 01:40:15.439 --> 01:40:16.560 when it comes to money? 1903 01:40:17.239 --> 01:40:21.319 You get thirty percent? Homeowners are still fat thirty Yeah. 1904 01:40:21.159 --> 01:40:22.680 Thirty percent of the whole cost. 1905 01:40:22.840 --> 01:40:25.680 But yeah, but tax credit tax credit only or do 1906 01:40:25.720 --> 01:40:26.720 you also get a rebate? 1907 01:40:26.840 --> 01:40:29.159 You don't get a rebate credit over do you get 1908 01:40:29.199 --> 01:40:31.000 rebates as a residence you. 1909 01:40:30.920 --> 01:40:33.439 Can get a rebate depending on where you're located. So 1910 01:40:33.560 --> 01:40:36.520 the folks that are in the city of Boulder get rebates. 1911 01:40:37.000 --> 01:40:39.680 Sometimes in Denver, depending on if they add like a 1912 01:40:39.760 --> 01:40:43.880 heat pump or something else, they can get rebates. There's 1913 01:40:44.119 --> 01:40:46.760 places certain utility. 1914 01:40:46.319 --> 01:40:47.920 Companies give rebate programs. 1915 01:40:48.000 --> 01:40:52.279 So the utility company that's by Gramby does a solar 1916 01:40:52.319 --> 01:40:55.720 rebate program, so that one's specific to location as well. 1917 01:40:58.199 --> 01:41:02.760 Okay, so in addition to that, there is something else 1918 01:41:02.800 --> 01:41:04.479 I want to talk about. We may need to do 1919 01:41:04.520 --> 01:41:08.600 it later or after the break, but maybe we can 1920 01:41:08.680 --> 01:41:12.760 touch upon it because it blew my mind. With residential 1921 01:41:12.800 --> 01:41:19.199 systems solar farms. A guy had a big lot and 1922 01:41:19.319 --> 01:41:22.199 he said, you did it for him, and he's actually 1923 01:41:22.199 --> 01:41:24.760 making money by selling back to the grid. 1924 01:41:25.359 --> 01:41:26.399 He makes a living. 1925 01:41:27.119 --> 01:41:27.760 Yep, yep. 1926 01:41:27.800 --> 01:41:30.000 You can make money by selling back to the grid. 1927 01:41:30.159 --> 01:41:33.640 You could. Let's say you have some space. 1928 01:41:33.359 --> 01:41:35.279 And you've got some neighbors that want to connect to 1929 01:41:35.319 --> 01:41:38.359 your grid. Then you become the utility company there. There's 1930 01:41:38.359 --> 01:41:40.800 a lot of ways you can make money. The best 1931 01:41:40.840 --> 01:41:44.720 people with the best return on investment are commercial building 1932 01:41:44.840 --> 01:41:47.840 owners with tenants in their building, where they charge the 1933 01:41:47.880 --> 01:41:51.840 tenants for the solar system plus some because they're getting 1934 01:41:51.840 --> 01:41:57.119 the commercial tax credits as well as making retail value 1935 01:41:57.359 --> 01:41:59.600 income for the power that it's producing. 1936 01:42:00.119 --> 01:42:02.239 Your that's your best situation. 1937 01:42:03.720 --> 01:42:07.640 Okay, then also that's the best situation. But I also 1938 01:42:07.760 --> 01:42:09.920 talked to this one guy. Now maybe he was agur, 1939 01:42:10.239 --> 01:42:13.239 maybe he was commercial, but he said, you did the system. 1940 01:42:13.439 --> 01:42:15.319 He had a field next to him, he put a 1941 01:42:15.399 --> 01:42:19.359 he put a farm in, and he said he's getting 1942 01:42:19.399 --> 01:42:22.399 like twenty grand a year or more or maybe even 1943 01:42:22.399 --> 01:42:23.680 more than that. Do you remember the call? 1944 01:42:23.800 --> 01:42:25.640 I do remember the call, But what I don't know 1945 01:42:26.000 --> 01:42:29.159 is how much did it cost him to install that equipment? 1946 01:42:29.199 --> 01:42:32.159 And do you get a tax credit on the solar farm? 1947 01:42:32.279 --> 01:42:34.439 So what was the total cost? 1948 01:42:34.720 --> 01:42:37.439 What was the rebate check, and what was the tax 1949 01:42:37.479 --> 01:42:38.680 credit going forward? 1950 01:42:39.239 --> 01:42:42.439 And then he gets income by selling back to the grand. 1951 01:42:42.720 --> 01:42:45.000 And twenty thousand sounds like a lot, but I'm wondering 1952 01:42:45.000 --> 01:42:46.840 if he spent two million dollars on it. 1953 01:42:46.880 --> 01:42:47.239 I don't know. 1954 01:42:47.880 --> 01:42:48.920 It's good to get the math. 1955 01:42:49.159 --> 01:42:52.239 Yeah, we should talk about that. Let's do that. We'll 1956 01:42:52.279 --> 01:42:54.960 talk about that, like what what it cost to do 1957 01:42:55.039 --> 01:42:57.920 a solar field that would make me twenty grand? A Yeeric? 1958 01:42:58.039 --> 01:43:00.000 That Yeah, just like, can. 1959 01:43:00.119 --> 01:43:01.520 You look up that guy? Do you know who I'm 1960 01:43:01.560 --> 01:43:03.720 talking about? I don't have his name right here, but 1961 01:43:03.800 --> 01:43:06.720 I can try to find it. Hey, I'm Tom Martino. 1962 01:43:06.760 --> 01:43:08.840 We have more coming up on The Troubleshooter Show three 1963 01:43:08.920 --> 01:43:11.279 o three seven one three talks seven one three eight 1964 01:43:11.319 --> 01:43:16.800 two five five. Go with a sure thing Denver's best 1965 01:43:16.880 --> 01:43:19.760 roofer Excel Roofing dot com. You don't pay a cent 1966 01:43:19.960 --> 01:43:26.039 until you're content. Time for an insurance check up free, 1967 01:43:26.119 --> 01:43:29.840 no obligation. In comparison, call Compass Insurance paying too much 1968 01:43:29.960 --> 01:43:32.920 your coverage at dozens of insurance companies find out now 1969 01:43:33.000 --> 01:43:35.479 three oh three seven seven to one help. You'll think 1970 01:43:35.520 --> 01:43:38.119 you're his only customer when you choose Frank durand the 1971 01:43:38.119 --> 01:43:40.760 real estate Man dot com to list your home with 1972 01:43:40.880 --> 01:43:44.520 Remax Alliance three oh three nine two zero sixteen twenty two. 1973 01:43:52.199 --> 01:43:59.640 New so you don't have as ask. 1974 01:44:00.079 --> 01:44:04.960 Yeah, the Shooter's gonna help coming Man Dix. 1975 01:44:05.399 --> 01:44:10.720 Is the Troubleshooter Show. No Tom Martino, Hey. 1976 01:44:10.680 --> 01:44:13.159 Tom Martino here at three oh three seven one three 1977 01:44:13.319 --> 01:44:16.560 talk seven one three eight two five five. This is 1978 01:44:16.600 --> 01:44:19.199 the only show of it's kind, the consumer show that 1979 01:44:19.319 --> 01:44:22.960 helps you with problems questions and complaints. Boy, we've had 1980 01:44:22.960 --> 01:44:25.600 an eclectic show today, have many many things. We started 1981 01:44:25.600 --> 01:44:29.479 out talking about scams. We then moved into solar and 1982 01:44:29.560 --> 01:44:33.920 tax credits. And I'll tell you, I think you'd have 1983 01:44:34.000 --> 01:44:36.760 to be a moron not to buy tax credits and 1984 01:44:37.520 --> 01:44:39.000 why would you buy tax reds? 1985 01:44:39.000 --> 01:44:40.159 So think about this, people. 1986 01:44:40.640 --> 01:44:43.880 If somebody puts the solar system in and they get 1987 01:44:43.880 --> 01:44:46.520 thirty percent tax credit and they don't pay a lot 1988 01:44:46.560 --> 01:44:51.760 of taxes, they might want to cash out and. 1989 01:44:51.239 --> 01:44:53.000 Even though they can go forward in time. 1990 01:44:54.119 --> 01:44:59.159 Tell me why, Tell me why, Brooke, someone would choose 1991 01:45:00.079 --> 01:45:02.399 as an individual to sell their tax credits. 1992 01:45:03.760 --> 01:45:03.880 Uh. 1993 01:45:03.960 --> 01:45:05.720 There's a lot of reasons, but the biggest one is 1994 01:45:05.800 --> 01:45:08.199 usually they just don't pay any federal taxes. So you 1995 01:45:08.279 --> 01:45:11.600 might be retired where your retirements a roth that you're 1996 01:45:11.600 --> 01:45:16.199 making income off of things that aren't taxable, especially if 1997 01:45:16.199 --> 01:45:19.479 you need a bigger system to offset your electric bill. 1998 01:45:19.680 --> 01:45:21.039 That happens all the time. 1999 01:45:21.680 --> 01:45:24.279 Also, folks that are low income, you know, where they're 2000 01:45:24.279 --> 01:45:28.039 already getting all their government money back for whatever reasons, 2001 01:45:29.239 --> 01:45:31.079 tax credits aren't helpful for those guys either. 2002 01:45:32.800 --> 01:45:37.439 Okay, do you have tax credits available right now? 2003 01:45:38.359 --> 01:45:38.960 Yep? I do. 2004 01:45:39.079 --> 01:45:40.840 I definitely have clients that are looking to sell their 2005 01:45:40.840 --> 01:45:47.079 tax credits about how much, like how many dollars worth 2006 01:45:47.079 --> 01:45:47.960 in tax credits? 2007 01:45:48.800 --> 01:45:51.319 Yeah, if you put them all together, how many dollars worth? 2008 01:45:51.720 --> 01:45:54.640 It's a couple million. Because of the solar field projects 2009 01:45:54.680 --> 01:45:55.119 that we're working. 2010 01:45:55.159 --> 01:45:55.840 Oh my god. 2011 01:45:56.000 --> 01:45:58.640 But here, here's what I'm saying to you. You mean 2012 01:45:58.720 --> 01:46:01.079 to tell me, let's just say and I'm not saying 2013 01:46:01.119 --> 01:46:01.600 this is me. 2014 01:46:01.600 --> 01:46:02.760 But let's just say it's me. 2015 01:46:03.520 --> 01:46:05.520 Let's say I had a four hundred thousand dollars not 2016 01:46:05.640 --> 01:46:09.359 to crack or five hundred thousand, I mean, real big money. Right, 2017 01:46:09.640 --> 01:46:12.840 you got to pay five hundred thousand in taxes and 2018 01:46:13.000 --> 01:46:15.439 I want to go out and cover that with credits. 2019 01:46:16.680 --> 01:46:19.479 How much of a discount can I get if I 2020 01:46:19.520 --> 01:46:23.079 was going to buy five hundred thousand dollars in tax credits? 2021 01:46:23.239 --> 01:46:26.319 Yeah, So the industry standard is seventy cents on the dollar. 2022 01:46:26.560 --> 01:46:29.199 So if you wanted to cover half a million in 2023 01:46:29.359 --> 01:46:33.119 tax credits, you. 2024 01:46:33.079 --> 01:46:37.119 Would pay yeah, somewhere around three or a little less. 2025 01:46:37.199 --> 01:46:40.239 Yeah, three and a half if you follow that, or 2026 01:46:40.479 --> 01:46:42.520 three and a half of the you're writing a contract 2027 01:46:42.520 --> 01:46:45.840 with folks, so you could get a better or worse deal, 2028 01:46:45.880 --> 01:46:47.560 just depending on how that contract goes. 2029 01:46:48.199 --> 01:46:50.479 And if somebody came to you with a big chunk 2030 01:46:50.520 --> 01:46:54.159 of tax burden like five hundred thousand, four hundred thousand, 2031 01:46:54.199 --> 01:46:57.439 three hundred thousand, would you have to put together a 2032 01:46:57.560 --> 01:47:00.800 number of people, Right? You can't go to one source 2033 01:47:00.840 --> 01:47:04.159 for that, right, There's not a system big enough. 2034 01:47:04.239 --> 01:47:04.439 Right. 2035 01:47:04.840 --> 01:47:07.520 No, there's definitely systems that are big enough to handle 2036 01:47:07.560 --> 01:47:10.880 that tax liability. Like I said, the solar field projects 2037 01:47:10.880 --> 01:47:13.039 that we're working on, I mean the gross amount is 2038 01:47:13.079 --> 01:47:15.760 five million. One of these projects is in Cripple Creek, 2039 01:47:15.880 --> 01:47:18.640 so ninety four percent of it's covered with tax benefits. 2040 01:47:18.680 --> 01:47:21.039 So is there any risk to buying? 2041 01:47:21.399 --> 01:47:23.520 And let me ask you, is there any risk to 2042 01:47:23.560 --> 01:47:27.039 buying a tax credit? I'm fascinated by this. I pay 2043 01:47:27.119 --> 01:47:30.560 taxes every single year, and I'd be a fool not 2044 01:47:30.720 --> 01:47:33.680 to get take a thirty percent discount. I mean, why 2045 01:47:33.720 --> 01:47:35.680 wouldn't I want a thirty percent discount? 2046 01:47:35.840 --> 01:47:36.159 Yeah? 2047 01:47:36.279 --> 01:47:39.520 I mean yeah, absolutely, Are there any risks at all? 2048 01:47:39.600 --> 01:47:39.920 Tell me? 2049 01:47:40.239 --> 01:47:42.880 Tell me are there any risks at all in buying 2050 01:47:42.960 --> 01:47:45.840 tax credits from somebody who installed solar? 2051 01:47:46.039 --> 01:47:46.239 Yeah? 2052 01:47:46.279 --> 01:47:49.920 The only risk is making sure that the system works, 2053 01:47:50.159 --> 01:47:53.439 that it's turned on that it's accepted by the uh 2054 01:47:54.199 --> 01:47:56.439 HJ or the people that you permit through and accepted 2055 01:47:56.479 --> 01:47:57.640 by the utility company. 2056 01:47:58.199 --> 01:47:59.600 So if you will, you have to. 2057 01:47:59.560 --> 01:48:01.079 Buy the tax credit before that. 2058 01:48:01.479 --> 01:48:04.199 Can't you buy the tax credit after it's been activated? 2059 01:48:04.640 --> 01:48:07.279 You can buy the tax credit right away, or you 2060 01:48:07.279 --> 01:48:09.199 could do like a payment plan where you say, hey, 2061 01:48:09.199 --> 01:48:10.920 I want to buy your tax credit. I'm going to 2062 01:48:11.000 --> 01:48:15.399 give you half now and then half once PTO is received. Right, 2063 01:48:16.119 --> 01:48:18.119 that's a normal way that these agreements go. 2064 01:48:19.399 --> 01:48:19.680 Brook. 2065 01:48:19.720 --> 01:48:22.680 Why couldn't you just enter into a contract with a 2066 01:48:22.720 --> 01:48:26.079 seller that's contingent on his system being PTO. 2067 01:48:26.359 --> 01:48:27.119 Why couldn't you? 2068 01:48:27.239 --> 01:48:28.680 Why do you have to make a payment now? 2069 01:48:29.199 --> 01:48:29.600 You don't. 2070 01:48:29.640 --> 01:48:31.199 You can do it however you want to. It's a 2071 01:48:31.239 --> 01:48:33.640 contract that you deem the terms with us. 2072 01:48:33.680 --> 01:48:36.920 Yeah, that's the safest way. So here here you agree 2073 01:48:37.079 --> 01:48:37.760 to pay X. 2074 01:48:37.720 --> 01:48:41.960 Amount of dollars upon activation of the system and verification 2075 01:48:42.079 --> 01:48:43.239 of the tax credits. 2076 01:48:43.840 --> 01:48:45.279 Yep. Yeah, that's a no brainer. 2077 01:48:45.359 --> 01:48:46.920 That's a simple, simple, clean toal. 2078 01:48:47.119 --> 01:48:49.600 Yeah, because the tax credits become viable on a solar 2079 01:48:49.640 --> 01:48:53.760 project when there's a five percent deposit made and assigned contract, 2080 01:48:53.920 --> 01:48:57.560 So they can be viable years before the system actually 2081 01:48:57.560 --> 01:48:58.359 gets installed. 2082 01:48:59.239 --> 01:49:02.159 But oh, hold on, hold on, hold on, hold on, 2083 01:49:02.199 --> 01:49:04.479 hold on, hold on way way wait wait wait wait, 2084 01:49:05.159 --> 01:49:08.199 they have a tax credit years before they can actually 2085 01:49:08.279 --> 01:49:08.600 use it. 2086 01:49:08.680 --> 01:49:11.800 You're saying, no, no, no, I'm saying that to do 2087 01:49:11.880 --> 01:49:14.439 a solar field project, like five million dollars in solar, 2088 01:49:14.640 --> 01:49:16.600 it's going to take me a little bit of time 2089 01:49:16.720 --> 01:49:20.399 to do engineering and approved and all of that stuff. 2090 01:49:20.479 --> 01:49:23.560 Right, But I'm collecting I get it. Yeah. 2091 01:49:23.640 --> 01:49:27.800 And then the requirements to make sure that the tax 2092 01:49:27.880 --> 01:49:31.640 credits remain viable is that the system hits PTO or 2093 01:49:31.640 --> 01:49:35.000 permission to operate, ten years after you claim them. 2094 01:49:35.319 --> 01:49:38.439 So, but that could be okay, hold on, then, Brooke, 2095 01:49:38.479 --> 01:49:41.840 if I bought a big chunk of tax credits because 2096 01:49:41.880 --> 01:49:45.119 someone put five percent down and financed it, and then 2097 01:49:45.199 --> 01:49:48.960 someday five years later it goes, it goes belly up, 2098 01:49:49.079 --> 01:49:50.680 I need to pay that money back to. 2099 01:49:50.680 --> 01:49:51.920 The government exactly. 2100 01:49:51.960 --> 01:49:52.800 So that's your risk, I. 2101 01:49:52.800 --> 01:49:54.319 Mean, right to a shit. 2102 01:49:56.439 --> 01:49:57.439 So I think the risk. 2103 01:49:57.520 --> 01:49:59.680 But you're telling me PTO could be ten years. 2104 01:50:00.159 --> 01:50:04.800 No, no, no, the government requires PTO happens within ten years. You'll 2105 01:50:04.840 --> 01:50:08.319 have that conversation in that contract with whoever's installing the project, 2106 01:50:08.319 --> 01:50:10.000 and who's selling you that because you're going to. 2107 01:50:10.000 --> 01:50:11.039 Be involved in the process. 2108 01:50:11.439 --> 01:50:13.760 I guess what I'm saying is this, I've seen enough 2109 01:50:13.800 --> 01:50:16.159 clowns in the solar business, and I'm not talking about you, 2110 01:50:16.479 --> 01:50:18.960 that I would never buy a tax credit contingent on 2111 01:50:19.159 --> 01:50:23.319 that system being completed, because that's just my luck. I'm 2112 01:50:23.319 --> 01:50:25.880 going to buy a tax credit and guess what, there's 2113 01:50:25.960 --> 01:50:26.800 no tax credit. 2114 01:50:26.880 --> 01:50:27.880 I just bought nothing. 2115 01:50:28.479 --> 01:50:28.920 I agree. 2116 01:50:29.199 --> 01:50:31.159 I mean, I guess you could put money in escrow. 2117 01:50:31.920 --> 01:50:34.600 Is there any reason why I need to know this 2118 01:50:34.640 --> 01:50:38.600 straight up? Is there any reason why you must or 2119 01:50:38.640 --> 01:50:42.119 you can't wait until activation to buy the tax credit 2120 01:50:42.159 --> 01:50:43.079 when it's locked in? 2121 01:50:43.800 --> 01:50:46.079 Or but that question first? 2122 01:50:46.239 --> 01:50:49.039 That question first ahead, Just can you buy it when 2123 01:50:49.079 --> 01:50:49.840 it's locked in? 2124 01:50:50.079 --> 01:50:53.000 Absolutely, you can buy a tax credits whenever, one hundred 2125 01:50:53.000 --> 01:50:53.840 percent you could wait. 2126 01:50:53.880 --> 01:50:56.560 Okay, no reason why I wouldn't. 2127 01:50:57.600 --> 01:51:00.439 So Tom's so Tom is trying to make this a 2128 01:51:00.439 --> 01:51:04.279 little risk transaction. So my only question now is are 2129 01:51:04.279 --> 01:51:07.760 there any tax credits that are ripe to be purchased 2130 01:51:07.840 --> 01:51:08.439 right now? 2131 01:51:08.479 --> 01:51:09.680 Do you have any right now? 2132 01:51:10.119 --> 01:51:13.119 That's a great question this year, Do you have any 2133 01:51:13.159 --> 01:51:16.680 tax credits right this minute that we can purchase and use. 2134 01:51:16.880 --> 01:51:22.039 Yeah, absolutely, yeah, absolutely, they have close to one hundred 2135 01:51:22.039 --> 01:51:25.239 thousand in tax credits viable right now where the project 2136 01:51:25.319 --> 01:51:27.479 is hit PTO or received it. 2137 01:51:27.600 --> 01:51:30.600 Okay, I'm going to buy them. I'm going to buy them. Okay, 2138 01:51:30.880 --> 01:51:33.399 account I'm going to buy them. Okay, So how many 2139 01:51:33.399 --> 01:51:34.800 different clients do I have to buy them? 2140 01:51:34.800 --> 01:51:36.479 How many contracts are there to sign? 2141 01:51:36.760 --> 01:51:38.439 How many clients do I have to buy them from? 2142 01:51:38.600 --> 01:51:39.560 They'll be for that. 2143 01:51:39.840 --> 01:51:41.920 There's four clients that I have in the top of 2144 01:51:41.960 --> 01:51:44.279 my head, and we can definitely put the contracts together 2145 01:51:44.319 --> 01:51:46.279 and I can get that to you, i'd say. 2146 01:51:46.079 --> 01:51:46.920 By Monday, yep. 2147 01:51:47.840 --> 01:51:48.199 Yeah. 2148 01:51:48.239 --> 01:51:51.000 And then then how does the government know those tax 2149 01:51:51.079 --> 01:51:52.239 credits are now mine? 2150 01:51:52.399 --> 01:51:54.760 You have to register with the IRS to say that 2151 01:51:54.840 --> 01:51:57.119 you're going to be a person that buys tax credits 2152 01:51:57.159 --> 01:51:59.159 the people that are selling and register with the IRS 2153 01:51:59.159 --> 01:52:01.079 saying that they're going to sell them to you, and 2154 01:52:01.119 --> 01:52:04.439 then you fill out a form thirty four sixty eight 2155 01:52:04.560 --> 01:52:06.359 saying that you claim the tax credits and here's your 2156 01:52:06.439 --> 01:52:08.439 number saying that you can and then the details of 2157 01:52:08.439 --> 01:52:10.840 the solar system. 2158 01:52:10.680 --> 01:52:12.800 And I can go forward on those credits if I 2159 01:52:12.840 --> 01:52:13.319 ever need to. 2160 01:52:13.600 --> 01:52:16.640 Yeah, you can immediately, and you can if you again 2161 01:52:16.680 --> 01:52:19.079 buy them with your business, you can backdate it three years. 2162 01:52:20.239 --> 01:52:23.399 Okay, wait a minute, let's do Brooke. I don't even 2163 01:52:23.439 --> 01:52:26.319 want you looking anymore. I will buy every tax credit 2164 01:52:26.359 --> 01:52:29.560 you generate. I'm not kidding, by the way, I'm not kidding. 2165 01:52:30.000 --> 01:52:30.239 Yeah. 2166 01:52:30.319 --> 01:52:32.119 Absolutely, I'll get this all set up and then off. 2167 01:52:32.520 --> 01:52:34.079 Le's tell you the rules on how to set it 2168 01:52:34.159 --> 01:52:36.159 up with the irs so you can buy the tax credits. 2169 01:52:36.279 --> 01:52:37.199 Yep, not a problem. 2170 01:52:37.239 --> 01:52:39.439 Well, I mean, how can how can anybody go wrong? 2171 01:52:39.920 --> 01:52:40.159 Now? 2172 01:52:41.439 --> 01:52:43.760 Jim, you have a question, Jim, welcome to the show. 2173 01:52:43.800 --> 01:52:44.600 What is your question? 2174 01:52:45.840 --> 01:52:49.479 Yes, we have a cabin in the mountains. 2175 01:52:50.000 --> 01:52:54.520 It is on a county road, and off of that 2176 01:52:54.640 --> 01:52:58.560 county road behind us is a private road that runs 2177 01:52:58.640 --> 01:53:02.079 about a quarter of a mile and along that private 2178 01:53:02.199 --> 01:53:05.520 road there are a number of other properties that use 2179 01:53:05.640 --> 01:53:10.880 that road as their main access. The property owner at 2180 01:53:10.920 --> 01:53:14.159 the end of the road has sent out a letter 2181 01:53:14.239 --> 01:53:18.760 to everyone who has access on that road asking for 2182 01:53:19.560 --> 01:53:24.479 asking them to sign some kind of an agreement to guarantee. 2183 01:53:26.119 --> 01:53:29.560 The sport I'm looking for and ease much. 2184 01:53:30.079 --> 01:53:32.800 He wants a joint maintenance agreement. 2185 01:53:34.479 --> 01:53:36.800 Well, I haven't seen a letter. I just heard this 2186 01:53:36.880 --> 01:53:37.479 from a neighbor. 2187 01:53:37.840 --> 01:53:38.600 I'll guarantee you. 2188 01:53:38.880 --> 01:53:44.279 Listen, who maintains the road. 2189 01:53:42.680 --> 01:53:43.239 The owners. 2190 01:53:43.279 --> 01:53:46.319 It's not maintained by the county. 2191 01:53:46.840 --> 01:53:48.840 The owner at the end of the road is the 2192 01:53:48.840 --> 01:53:50.520 one that owns the road, right. 2193 01:53:51.399 --> 01:53:54.159 No, I don't know, that's for sure. That's part of 2194 01:53:54.199 --> 01:53:58.720 the problem. The road has been there for since nineteen forty. 2195 01:53:58.399 --> 01:54:01.319 Two, and people I have had use of it. 2196 01:54:01.640 --> 01:54:06.159 Without any kinds of issues. Now somebody who bought property 2197 01:54:06.199 --> 01:54:08.720 at the very end of the road is asking for 2198 01:54:08.760 --> 01:54:10.039 an eagemn everybody that. 2199 01:54:10.319 --> 01:54:11.840 Oh, I get what you're saying. 2200 01:54:12.119 --> 01:54:15.960 So people buy property, do they have a deeded easement 2201 01:54:16.079 --> 01:54:19.279 on that property or do they just use it casually? 2202 01:54:20.640 --> 01:54:23.520 I think it's the use is casual. But it's been 2203 01:54:23.680 --> 01:54:25.920 for the it's been since nineteen forty two. 2204 01:54:26.359 --> 01:54:28.279 I understand that. I understand that. 2205 01:54:28.319 --> 01:54:31.399 But no one ever filed an adverse possession, No one's 2206 01:54:31.399 --> 01:54:34.000 claiming to own it, No one pays taxes on it, 2207 01:54:34.039 --> 01:54:34.399 do they? 2208 01:54:35.640 --> 01:54:40.880 Well, the road actually is on different people's property front. 2209 01:54:41.079 --> 01:54:42.640 Okay, I got it. Listen. 2210 01:54:42.680 --> 01:54:45.199 I did a subdivision that way where I had a 2211 01:54:45.279 --> 01:54:49.159 road going across people's lots. Those people had to had 2212 01:54:49.159 --> 01:54:53.960 to give easements in perpetuity. Now the like, let's just 2213 01:54:54.000 --> 01:54:56.600 say I'm in that subdivision right now and part of 2214 01:54:56.600 --> 01:55:01.479 the road goes over my property. I unless it's needed, 2215 01:55:01.880 --> 01:55:05.359 unless it's an easement, I can take it. I can 2216 01:55:05.399 --> 01:55:07.720 say you can no longer use this part of the road. 2217 01:55:07.960 --> 01:55:09.279 Isn't that correct? 2218 01:55:10.359 --> 01:55:12.640 Well, I don't know who owns the rude. 2219 01:55:12.720 --> 01:55:14.039 That's what it is. Correct. 2220 01:55:14.039 --> 01:55:17.159 I'm telling you it's correct because I've developed fourteen subdivisions. 2221 01:55:17.359 --> 01:55:20.119 Here's what I'm telling you. The guy at the end 2222 01:55:20.399 --> 01:55:23.439 is worried and he thinks this is a shambles. This 2223 01:55:23.520 --> 01:55:27.600 is like rinky ding town. We need to get this formalized. 2224 01:55:27.760 --> 01:55:30.760 And he's probably doing you all a favor because he 2225 01:55:30.880 --> 01:55:34.800 probably wants a joint maintenance and a joint use agreement 2226 01:55:35.600 --> 01:55:39.880 in perpetuity, meaning that everyone on that road agrees that 2227 01:55:39.920 --> 01:55:42.760 you can use the road and will chip in for maintenance. 2228 01:55:43.000 --> 01:55:44.199 If that's what he wants. 2229 01:55:44.520 --> 01:55:47.439 Before criticizing it, look at what he wants, because I 2230 01:55:47.520 --> 01:55:49.520 think that's probably what he's doing. 2231 01:55:50.520 --> 01:55:53.000 Okay, I have not seen the letter. 2232 01:55:52.840 --> 01:55:56.119 Right Well, without seeing that, you know what, get a 2233 01:55:56.159 --> 01:55:57.680 hopy of that letter and get it to us. 2234 01:55:57.800 --> 01:55:58.960 I would love to see it. 2235 01:55:59.119 --> 01:56:01.600 I can help you I'm Tom Martinez. Got more coming 2236 01:56:01.680 --> 01:56:03.560 up on the Troubleshooter Show three oh three seven on 2237 01:56:03.720 --> 01:56:05.840 three Talks seven one three two five five. Frank rand 2238 01:56:05.880 --> 01:56:08.520 the real estate Man right now, will give you a 2239 01:56:08.600 --> 01:56:10.720 market evaluation of your home, what it will sell for 2240 01:56:10.800 --> 01:56:14.000 and why, the comps, the neighborhood, the supply and demand, 2241 01:56:14.000 --> 01:56:17.239 the interest rates, all free, complimentary. He wants to be 2242 01:56:17.319 --> 01:56:19.359 of service to you, and he really means it. Three 2243 01:56:19.439 --> 01:56:23.239 oh three nine two zero sixteen twenty two. Frank durand 2244 01:56:23.279 --> 01:56:32.159 the Realestateman dot com. Go with a sure thing Denver's 2245 01:56:32.199 --> 01:56:35.119 best roofer Excel Roofing dot com. You don't pay a 2246 01:56:35.199 --> 01:56:41.720 cent until you're content than time for an insurance checkup free, 2247 01:56:41.760 --> 01:56:45.479 no obligation. In comparison, call Compass Insurance paying too much 2248 01:56:45.600 --> 01:56:48.560 your coverage at dozens of insurance companies find out now 2249 01:56:48.640 --> 01:56:50.920 three oh three seven to seven to one help. You'll 2250 01:56:50.920 --> 01:56:53.680 think you're his only customer when you choose Frank durand 2251 01:56:53.680 --> 01:56:56.119 the real estate Man dot com to list your home 2252 01:56:56.319 --> 01:56:59.479 with Remax Alliance three oh three nine two zero sixteen 2253 01:56:59.520 --> 01:57:00.640 twenty two. 2254 01:57:03.520 --> 01:57:04.760 I am Tom Martino. 2255 01:57:04.880 --> 01:57:09.279 You're Troubleshooter three o three seven one three Talk seven, three, eight, 2256 01:57:09.319 --> 01:57:14.439 two five five, Jaba, what's going on? 2257 01:57:15.319 --> 01:57:15.560 Hey? 2258 01:57:15.600 --> 01:57:18.079 Tom, how's it going? And I just wanted to let you, 2259 01:57:18.079 --> 01:57:21.920 good man, that that service. I just checked myself in 2260 01:57:22.000 --> 01:57:27.279 the hospice today and they do have the pill or 2261 01:57:27.359 --> 01:57:32.800 the concoction that you put together to in your life. 2262 01:57:33.359 --> 01:57:35.159 Wow, was telling me, Now, wait a. 2263 01:57:35.159 --> 01:57:37.560 Minute, is this in Is this in Colorado? 2264 01:57:38.319 --> 01:57:40.600 Yeah, it's right here in Colorado at the Denver Health 2265 01:57:40.640 --> 01:57:45.239 look up M A I D M A I D. 2266 01:57:47.960 --> 01:57:49.159 It was in February. 2267 01:57:50.359 --> 01:57:53.399 It was in February when you said you were going 2268 01:57:53.399 --> 01:57:55.000 in for treatment. 2269 01:57:55.319 --> 01:57:56.439 Did you get treatment? 2270 01:57:57.439 --> 01:57:59.119 No, I'm not doing chemo. 2271 01:58:00.399 --> 01:58:01.880 Because they told me, okay, you. 2272 01:58:02.000 --> 01:58:04.239 Lived maybe two more months after chemo. 2273 01:58:05.720 --> 01:58:08.760 Oh oh oh what kind of cancer do you have? 2274 01:58:10.079 --> 01:58:10.640 Oh? 2275 01:58:10.680 --> 01:58:11.800 It's all over the place. 2276 01:58:12.520 --> 01:58:13.520 I'm sorry, Jaba. 2277 01:58:13.640 --> 01:58:17.840 What did it start? As it does? Suck? What did 2278 01:58:17.840 --> 01:58:18.319 it start? 2279 01:58:18.359 --> 01:58:18.520 As? 2280 01:58:19.159 --> 01:58:23.119 It started as something in my sagrenal glands, and then 2281 01:58:23.159 --> 01:58:26.800 it went up my canal of my liver, put a 2282 01:58:26.800 --> 01:58:30.880 little tumor on the outside of my liver, and now 2283 01:58:30.920 --> 01:58:34.159 it's spreading everywhere. I got a little spot on my kidney. 2284 01:58:34.199 --> 01:58:37.520 You got a little spot on my lung. So it's like, 2285 01:58:37.920 --> 01:58:40.479 you know, you're trying to hit and miss with chemo, 2286 01:58:40.680 --> 01:58:42.640 and I said no, and then I have so many 2287 01:58:42.720 --> 01:58:47.760 people who went through that process and it was just miserable. 2288 01:58:48.399 --> 01:58:50.760 So now I'm in hospital, Jaba. 2289 01:58:53.319 --> 01:58:56.640 So do you plan on taking this fentanyl breath mint 2290 01:58:56.720 --> 01:58:57.479 or whatever it is? 2291 01:58:58.640 --> 01:58:58.760 Uh? 2292 01:58:58.960 --> 01:58:59.239 Yeah? 2293 01:58:59.279 --> 01:59:02.079 So what this is? What they do is they they 2294 01:59:02.359 --> 01:59:05.479 give it to you. You have to have two physicians, 2295 01:59:05.960 --> 01:59:09.399 two separate physicians tell you that you're not going to 2296 01:59:09.520 --> 01:59:12.359 live more than six months. And so then you get 2297 01:59:12.399 --> 01:59:16.720 this package of stuff. I don't know what it is yet, 2298 01:59:17.359 --> 01:59:19.680 but they nail it to you or get it to you, 2299 01:59:19.920 --> 01:59:24.279 and if you win, then choose. At the very end, 2300 01:59:24.520 --> 01:59:28.119 you know, like your liver shuts down, everything shuts down. 2301 01:59:28.159 --> 01:59:30.680 They said that you can administer all this stuff that 2302 01:59:30.720 --> 01:59:33.840 they have a contoxin, and in about one or two 2303 01:59:33.880 --> 01:59:35.439 hours you just go to sleep. 2304 01:59:37.399 --> 01:59:43.199 Okay, Jaba. My heart goes out to you, bro, thank you. 2305 01:59:45.239 --> 01:59:48.279 But I don't want to get I don't want to 2306 01:59:48.279 --> 01:59:48.880 get preachy. 2307 01:59:48.960 --> 01:59:53.439 But there are those who believe, including me, that there's 2308 01:59:53.479 --> 01:59:56.039 way more to life than life. 2309 01:59:57.520 --> 01:59:59.680 So I wish you the best. 2310 02:00:00.000 --> 02:00:01.159 We were thinking of your java. 2311 02:00:01.920 --> 02:00:02.560 Thank you, guys. 2312 02:00:02.600 --> 02:00:03.199 I appreciate it. 2313 02:00:03.319 --> 02:00:05.199 Really, just really what I. 2314 02:00:05.159 --> 02:00:05.680 Wanted to do. 2315 02:00:08.119 --> 02:00:09.720 I'll be sure to tell him when I see him. 2316 02:00:12.479 --> 02:00:15.039 You picked the day he was he's not here, Well, 2317 02:00:15.079 --> 02:00:19.000 he was here earlier. Okay, I want to go to Ben. Ben, 2318 02:00:19.079 --> 02:00:20.880 you're curious about tax credits. 2319 02:00:21.159 --> 02:00:24.520 Sorry, Ben are I'm already in line. I'm sorry, just kidding. 2320 02:00:24.560 --> 02:00:25.119 Go ahead, Ben. 2321 02:00:26.600 --> 02:00:31.640 Hey, Thanks Tom, you piqued my interest with your guests 2322 02:00:31.800 --> 02:00:36.119 talking about selling tax credits. The situation I'm in is 2323 02:00:36.319 --> 02:00:39.920 I don't make enough money to have a tax liability, 2324 02:00:40.399 --> 02:00:42.960 so I have wanted tax credits sitting out there. How 2325 02:00:43.000 --> 02:00:45.159 do you sell what kind. 2326 02:00:45.039 --> 02:00:45.600 Of tax cond it? 2327 02:00:45.640 --> 02:00:50.119 Do you have him already solar panels? The solar panels 2328 02:00:50.159 --> 02:00:52.600 already been installed, it was installed. 2329 02:00:53.119 --> 02:00:57.000 Do you have the tax credit? Do you have the 2330 02:00:57.039 --> 02:00:58.600 tax credits sitting there? 2331 02:00:59.800 --> 02:01:01.439 As far as I know, I do, yes. 2332 02:01:03.319 --> 02:01:06.319 How does he find out exactly? Like, how does he 2333 02:01:06.359 --> 02:01:06.880 find out? 2334 02:01:07.479 --> 02:01:10.079 When you were saying that it got installed? Do you 2335 02:01:10.119 --> 02:01:11.399 know when it started working? 2336 02:01:13.880 --> 02:01:15.159 March of twenty twenty three. 2337 02:01:15.479 --> 02:01:16.560 Yeah, So you just need. 2338 02:01:16.439 --> 02:01:20.039 To register with the IRS that you want to sell 2339 02:01:20.079 --> 02:01:21.720 your tax credits and then you just find somebody that 2340 02:01:21.760 --> 02:01:24.039 wants to buy them from you and they're viable right away. 2341 02:01:24.159 --> 02:01:26.640 How many how much of the tax credits have you 2342 02:01:26.720 --> 02:01:27.239 used so far? 2343 02:01:28.800 --> 02:01:29.119 None? 2344 02:01:30.560 --> 02:01:31.560 How many do you have open? 2345 02:01:31.880 --> 02:01:33.399 Tell me? Yeah? 2346 02:01:33.560 --> 02:01:37.680 How much do you have in tax credits? 2347 02:01:38.159 --> 02:01:41.239 I was told about thirteen thousand at this point. 2348 02:01:43.520 --> 02:01:45.000 Now that made me wrong. 2349 02:01:45.079 --> 02:01:48.760 Okay, you're I'm really green at this, so I apologize. 2350 02:01:48.920 --> 02:01:51.159 It's okay. Do you know how much the whole system costs? 2351 02:01:52.760 --> 02:01:54.600 About twenty five thousand? 2352 02:01:56.600 --> 02:01:57.119 Oh? 2353 02:01:57.119 --> 02:02:01.079 Wait, so it costs you twenty five out of so 2354 02:02:01.239 --> 02:02:05.199 you pro you if it was twenty five thousand and 2355 02:02:05.560 --> 02:02:08.720 twenty twenty four, then you have six five hundred in 2356 02:02:08.800 --> 02:02:10.920 tax credits that are available. 2357 02:02:12.600 --> 02:02:16.760 Okay, yeah, unless they get But isn't it possible they 2358 02:02:16.760 --> 02:02:19.119 gave him the net price when he says twenty five 2359 02:02:19.680 --> 02:02:21.079 and it was really more? 2360 02:02:21.439 --> 02:02:21.680 Yeah? 2361 02:02:21.720 --> 02:02:25.520 Absolutely, everything's possible. Do you have a copy of the contract? 2362 02:02:26.560 --> 02:02:28.199 I do, yes, I just don't have it with me. 2363 02:02:28.600 --> 02:02:29.079 That's okay. 2364 02:02:29.840 --> 02:02:32.520 If you're comfortable, you can get a hold of redrocksars 2365 02:02:32.640 --> 02:02:35.079 dot com and Brooke will help you. 2366 02:02:35.279 --> 02:02:35.520 Yeah. 2367 02:02:35.800 --> 02:02:36.600 Yeah, just email it. 2368 02:02:36.800 --> 02:02:42.720 She's a Yeah. Listen, folks, I was serious. I'm going 2369 02:02:42.800 --> 02:02:45.319 to buy tax credits. I mean, what fool would not 2370 02:02:45.359 --> 02:02:48.279 buy a tax credit? I can think of nothing. Why 2371 02:02:48.279 --> 02:02:49.039 would anyone? 2372 02:02:49.119 --> 02:02:50.840 Never? Why would they never. 2373 02:02:51.920 --> 02:02:53.600 I mean, if you're going to pay a dollar in 2374 02:02:53.720 --> 02:02:56.560 tax and that dollar is now seventy cents, who. 2375 02:02:56.439 --> 02:03:00.760 Would not do that? Who would not do that? Brooke? 2376 02:03:02.479 --> 02:03:02.880 I don't know. 2377 02:03:03.039 --> 02:03:05.520 You said you had a couple of million. You're sitting 2378 02:03:05.520 --> 02:03:08.279 on millions and tax thredits. Well, you got a customer 2379 02:03:08.319 --> 02:03:10.239 for life, and I can get you more customers. 2380 02:03:10.239 --> 02:03:12.359 I mean, who would not do it? 2381 02:03:13.279 --> 02:03:13.359 No? 2382 02:03:13.640 --> 02:03:15.199 I mean the only time you wouldn't do it is 2383 02:03:15.239 --> 02:03:16.359 if you go ahead. 2384 02:03:16.760 --> 02:03:20.199 No, you're right, Yeah, absolutely, as long as it's a 2385 02:03:20.239 --> 02:03:23.000 done deal like pcos hit, you have no risk. 2386 02:03:23.640 --> 02:03:24.560 When you're buying. 2387 02:03:24.279 --> 02:03:28.680 These, you have zero risk and you have the government 2388 02:03:28.960 --> 02:03:31.399 and it's money you don't have to pay. 2389 02:03:32.279 --> 02:03:35.439 So Brook's my new best friend. Everyone stay away. 2390 02:03:35.279 --> 02:03:37.319 From her sucking. 2391 02:03:37.840 --> 02:03:39.159 Yeah, okay, Brooke. 2392 02:03:39.520 --> 02:03:43.319 This is Redrosars dot Com and they do you know, 2393 02:03:43.359 --> 02:03:45.720 the real purpose here is they do solar systems. They 2394 02:03:45.760 --> 02:03:48.920 do a great job, and you know, I want you 2395 02:03:48.960 --> 02:03:49.359 to know that. 2396 02:03:49.399 --> 02:03:50.760 We got more coming up on that one. 2397 02:03:50.760 --> 02:03:53.520 Clarchoys Garage Doors does great garage doors twenty four to 2398 02:03:53.560 --> 02:03:56.079 seven service. If you have an emergency, can't get it closed, 2399 02:03:56.119 --> 02:03:58.239 it's late at night, they'll come and do it, or 2400 02:03:58.520 --> 02:04:01.880 just regular service all their prices on their website. The 2401 02:04:02.000 --> 02:04:04.479 only people that do this, whether it's an opener or 2402 02:04:04.479 --> 02:04:06.399 part of the opener, a door a part of the door, 2403 02:04:06.680 --> 02:04:17.159 go to one Clear Choice Doors dot com. Go with 2404 02:04:17.239 --> 02:04:20.800 a sure thing Denver's Best roofer Excel Roofing dot com. 2405 02:04:20.840 --> 02:04:26.600 You don't pay a cent until you're content. Time for 2406 02:04:26.600 --> 02:04:30.359 an insurance checkup free, no obligation. In comparison, call Compass 2407 02:04:30.399 --> 02:04:33.680 Insurance paying too much your coverage at dozens of insurance 2408 02:04:33.720 --> 02:04:36.199 companies find out now three oh three seven to seven 2409 02:04:36.199 --> 02:04:38.960 to one help. You'll think you're his only customer when 2410 02:04:39.000 --> 02:04:41.479 you choose Frank durand the real estate Man dot com 2411 02:04:41.520 --> 02:04:44.640 to list your home with Remax Alliance three oh three 2412 02:04:44.720 --> 02:04:46.399 nine two zero sixteen twenty two. 2413 02:04:51.760 --> 02:04:55.079 Hi Tom Martino here three O three seven one three talk. 2414 02:04:55.479 --> 02:04:58.439 I can't find that call anywhere I'm looking at three 2415 02:04:58.560 --> 02:04:59.079 twenty five? 2416 02:04:59.239 --> 02:05:00.840 Was that last year? Was it this year? 2417 02:05:01.079 --> 02:05:04.359 Six of twenty twenty four? Last year? It's on three 2418 02:05:04.439 --> 02:05:08.159 twenty six twenty and Alexis. 2419 02:05:07.560 --> 02:05:11.640 So it was way back then that that she helped us. 2420 02:05:11.720 --> 02:05:14.640 Brooke helped us with a problem, way back then. I'm 2421 02:05:14.680 --> 02:05:19.439 going back to see it and meanwhile explain what the 2422 02:05:19.479 --> 02:05:22.119 original problem was while I looked for my notes. 2423 02:05:22.479 --> 02:05:25.119 Yeah, it was a pretty complex case. I've actually never 2424 02:05:25.119 --> 02:05:26.880 seen a case as bad as this one. 2425 02:05:27.359 --> 02:05:29.760 So, oh wait a minute, I have a feeling it 2426 02:05:29.800 --> 02:05:31.760 wasn't about that scumbag company. 2427 02:05:31.840 --> 02:05:33.520 I was so upset about. 2428 02:05:33.520 --> 02:05:38.560 One Solar through Valor. Yes, yep, if you search Valor 2429 02:05:38.720 --> 02:05:42.600 VA l R, you're gonna get the call on your screen. Tom. 2430 02:05:43.079 --> 02:05:45.720 Yeah, man, I can't. I can't see it anywhere. And 2431 02:05:46.039 --> 02:05:47.960 I mean I'm looking at the date and I don't 2432 02:05:48.000 --> 02:05:48.319 see it. 2433 02:05:48.640 --> 02:05:49.039 Over there. 2434 02:05:49.079 --> 02:05:52.119 It is Loi and Alexis. I just saw it Loi 2435 02:05:52.239 --> 02:05:53.119 and Alexis. 2436 02:05:53.399 --> 02:05:55.880 So what I have here is they contracted with one 2437 02:05:55.960 --> 02:06:00.239 Solar through Valor Solar, and Valor's a scumbag as well 2438 02:06:00.279 --> 02:06:03.119 in October of twenty twenty two to install a solar 2439 02:06:03.159 --> 02:06:07.640 system fifty four thousand dollars. During the application process, they 2440 02:06:07.640 --> 02:06:11.279 did not file the proper supplement report. 2441 02:06:11.920 --> 02:06:12.840 That's the company. 2442 02:06:13.000 --> 02:06:16.399 Therefore, they did not know that Excel will not approve 2443 02:06:16.479 --> 02:06:20.720 any solar systems in that area until that a new. 2444 02:06:20.560 --> 02:06:22.520 Substation is built. Oh my god. 2445 02:06:22.960 --> 02:06:25.800 Now the consumers are stuck with the system. They can't use, 2446 02:06:26.079 --> 02:06:29.239 can't be activated. There are only options were to completely 2447 02:06:29.239 --> 02:06:33.359 go off grid with a full battery backup system and 2448 02:06:33.760 --> 02:06:37.039 or have one Solar removed the system and give a refund. 2449 02:06:37.039 --> 02:06:41.399 What the heck went on? What did you do with it? 2450 02:06:41.439 --> 02:06:41.760 Brooke? 2451 02:06:42.159 --> 02:06:44.479 Yeah, so I've been working on this case since then. 2452 02:06:44.680 --> 02:06:48.000 Sometimes solar cases take a long time to have any. 2453 02:06:47.800 --> 02:06:48.640 Sort of resolution. 2454 02:06:50.000 --> 02:06:52.680 So I had a conference call with Goodleap, who is 2455 02:06:52.720 --> 02:06:57.439 the financing company, and One Solar a week ago or so, 2456 02:06:58.079 --> 02:07:03.000 and One Solar has dried the case completely, so that 2457 02:07:03.079 --> 02:07:05.039 I know that Lloy and Alexis are still going to 2458 02:07:05.119 --> 02:07:06.960 have to go after them for the damages to the 2459 02:07:07.000 --> 02:07:09.279 appliances and their home and they are other things. But 2460 02:07:09.640 --> 02:07:13.520 Good Leap, which is the financing company, ended the loan 2461 02:07:13.800 --> 02:07:17.359 and told the consumers that they were going to give 2462 02:07:17.359 --> 02:07:19.880 them a reimbursement for what they've paid. So at least 2463 02:07:19.880 --> 02:07:21.640 now there's not a monthly bill that they have to 2464 02:07:21.680 --> 02:07:24.000 face from the financing company, and the lean on their 2465 02:07:24.039 --> 02:07:26.560 house gets removed, so it's definitely a step. 2466 02:07:26.720 --> 02:07:28.640 So wait a minute, so they don't so now they 2467 02:07:28.720 --> 02:07:31.359 don't owe the money anymore, or will First Solar come 2468 02:07:31.399 --> 02:07:32.359 after them directly? 2469 02:07:32.880 --> 02:07:35.439 One Solar can't come after them directly because of all 2470 02:07:35.479 --> 02:07:37.760 of the issues that One Solar caused in this case, 2471 02:07:37.880 --> 02:07:40.840 and the PUC filings and the other evidence against them 2472 02:07:40.920 --> 02:07:43.479 showing that they can't it's against their contract. 2473 02:07:43.520 --> 02:07:43.760 Life. 2474 02:07:43.800 --> 02:07:45.680 So here's what I want to know. Then, here's what 2475 02:07:45.720 --> 02:07:46.239 I want to know. 2476 02:07:46.600 --> 02:07:50.039 If these people got this system now free, even though 2477 02:07:50.039 --> 02:07:53.479 it was screwed up, they can take that money to 2478 02:07:53.560 --> 02:07:54.920 make this right, yes or no? 2479 02:07:55.439 --> 02:07:55.640 Yeah? 2480 02:07:55.680 --> 02:07:59.079 Absolutely, they can add in the battery system that they 2481 02:07:59.119 --> 02:08:02.159 need to, or they could sell the solar parts. 2482 02:08:01.880 --> 02:08:03.159 And get a roof replacement. 2483 02:08:03.439 --> 02:08:03.720 Yep. 2484 02:08:04.600 --> 02:08:06.039 So what do you think they should do? 2485 02:08:07.920 --> 02:08:12.439 Uh, that's a tough one because it's not my life. 2486 02:08:12.560 --> 02:08:15.760 Off grid life is hard. I don't think I could 2487 02:08:15.760 --> 02:08:19.680 do an off grid lifestyle. So that's very unique to 2488 02:08:19.720 --> 02:08:23.239 each couple and kind of their sanity. 2489 02:08:24.680 --> 02:08:28.079 So the finance company, why did they just why did 2490 02:08:28.119 --> 02:08:29.960 they decide to do this? 2491 02:08:31.319 --> 02:08:35.600 Because it was clear what the evidence posed, that the 2492 02:08:35.680 --> 02:08:38.920 system could never get activated, that One Solar failed to 2493 02:08:39.000 --> 02:08:42.239 comply with the rules and regulations of installing, that it 2494 02:08:42.319 --> 02:08:45.039 was against their contract in that if they continued to 2495 02:08:45.119 --> 02:08:46.720 charge lloy and Alexis for. 2496 02:08:46.640 --> 02:08:49.680 This, that they would be under legal. 2497 02:08:50.840 --> 02:08:54.920 Action as well, because they've been aware of everything that 2498 02:08:54.960 --> 02:08:58.199 was going on in the case. So what happened was 2499 02:08:58.199 --> 02:09:01.520 was Goodly paid one Solar the money, but then when 2500 02:09:01.520 --> 02:09:03.800 they found out the system wasn't activated, they took all 2501 02:09:03.840 --> 02:09:06.640 that money back from one Solar. So good Leap's not 2502 02:09:06.720 --> 02:09:11.319 out anything besides administrative fees to process alone. 2503 02:09:11.880 --> 02:09:14.359 No, but that's great. That is great. We are learning 2504 02:09:14.399 --> 02:09:17.600 so much about the solar industry. So my next question 2505 02:09:17.720 --> 02:09:21.319 is with Doze in all of this, even though Musk 2506 02:09:21.439 --> 02:09:26.000 is in the solar business, how long are credits going 2507 02:09:26.039 --> 02:09:28.399 to be? There must be some chatter in the industry. 2508 02:09:28.439 --> 02:09:31.880 Are we thinking solar tax credits are here to stay? 2509 02:09:33.680 --> 02:09:33.800 Uh? 2510 02:09:34.000 --> 02:09:38.640 I think that the administration now is a little bit 2511 02:09:38.640 --> 02:09:42.239 of a wildcard. I think everybody can agree that. You know, 2512 02:09:42.319 --> 02:09:45.119 things changed pretty rapidly with this new administration. 2513 02:09:45.279 --> 02:09:46.640 Yeah, but last time. 2514 02:09:46.439 --> 02:09:48.960 He was in office, he extended the tax credits till 2515 02:09:48.960 --> 02:09:54.079 twenty thirty two, So his history shows that he did 2516 02:09:54.199 --> 02:09:56.960 additional work for it. Yes, he did get rid of 2517 02:09:57.000 --> 02:09:59.359 federal grants for solar, but he got rid of federal 2518 02:09:59.359 --> 02:10:02.600 grants for a lot of other things, right, So I 2519 02:10:02.640 --> 02:10:05.199 don't think he's going against what he's done in the past, 2520 02:10:05.279 --> 02:10:07.279 And I don't think there's any issues to worry about 2521 02:10:07.319 --> 02:10:10.880 what tax credits. Nothing has been produced or shown to 2522 02:10:11.239 --> 02:10:14.520 eliminate tax credits at all, not even a hint of it. 2523 02:10:16.119 --> 02:10:18.279 All Right, we got more coming up on the Troubleshooter 2524 02:10:18.319 --> 02:10:20.520 Show three of three seven to one three talk. By 2525 02:10:20.560 --> 02:10:22.800 the way, we were talking about scams that I didn't 2526 02:10:22.840 --> 02:10:24.079 even get through half of them. 2527 02:10:24.079 --> 02:10:25.399 I'll have to do this again. 2528 02:10:25.880 --> 02:10:29.520 Because it's incredible what I've come across when I went 2529 02:10:29.560 --> 02:10:32.560 through my data bank of records here on all of 2530 02:10:32.600 --> 02:10:35.920 the tax credit scams. I mean not excuse me, not taxer, 2531 02:10:35.920 --> 02:10:38.199 I mean scams in general. So I had told you 2532 02:10:38.359 --> 02:10:40.920 just about a few of them, okay, and I'm going 2533 02:10:41.000 --> 02:10:43.039 to get let me just mention a few more because 2534 02:10:43.079 --> 02:10:46.640 these are incredible. We had the bank account access scam, Okay, 2535 02:10:46.640 --> 02:10:48.439 I went through that. Phishing scams. 2536 02:10:48.600 --> 02:10:52.239 Fishing scams are more are anytime they try to get 2537 02:10:52.279 --> 02:10:53.159 information from you. 2538 02:10:53.520 --> 02:10:56.720 And almost every scam is linked to phishing because you 2539 02:10:56.760 --> 02:10:58.680 got to do the fishing to get the other scam. 2540 02:10:59.000 --> 02:11:02.960 The other one romance scams. My god, have people been 2541 02:11:02.960 --> 02:11:07.960 taken by romance scams? And it's usually women. This one 2542 02:11:08.039 --> 02:11:11.279 is where the women, middle aged to later middle aged 2543 02:11:11.319 --> 02:11:14.640 women think some hunk as they used to call them, 2544 02:11:14.680 --> 02:11:16.199 or some handsome You ever. 2545 02:11:16.079 --> 02:11:17.800 Hear that, You never heard that expression. 2546 02:11:18.439 --> 02:11:22.039 They think some handsome dude is interested in them and 2547 02:11:22.159 --> 02:11:25.079 want them, and then they talk them into giving them money. 2548 02:11:25.439 --> 02:11:29.119 And then you have the one that is common to 2549 02:11:29.159 --> 02:11:31.199 a lot of other scams. You know, they all entertainle 2550 02:11:31.399 --> 02:11:35.000 the cashiers check scams where you get a cashiers check, 2551 02:11:35.039 --> 02:11:37.800 they say deposit to send us the rest back. It's 2552 02:11:37.840 --> 02:11:41.680 a bad cashiers check. Fake landlord scams. You want to 2553 02:11:41.720 --> 02:11:44.279 rent a place, They meet you, they take a deposit, 2554 02:11:44.520 --> 02:11:45.520 They give you keys. 2555 02:11:45.880 --> 02:11:47.600 There's a set of keys from their junk drawer. 2556 02:11:47.920 --> 02:11:50.720 They don't work, You never get to move in, and 2557 02:11:50.760 --> 02:11:54.359 then the landlord disappears. That's happening a lot. We got 2558 02:11:54.359 --> 02:11:57.399 more coming up on the Troubleshooter Show. Go with a 2559 02:11:57.439 --> 02:12:01.199 Sure Thing Denver's Best Ruffer Excelo dot com. You don't 2560 02:12:01.239 --> 02:12:07.239 pay a cent until you're content. Time for an insurance 2561 02:12:07.359 --> 02:12:11.479 checkup free, no obligation. In comparison, call Compass Insurance paying 2562 02:12:11.479 --> 02:12:14.520 too much your coverage at dozens of insurance companies. Find 2563 02:12:14.560 --> 02:12:16.920 out now three all three seven to seven to one help. 2564 02:12:17.079 --> 02:12:19.720 You'll think you're his only customer when you choose Frank 2565 02:12:19.760 --> 02:12:22.199 durand the real estate man dot com to list your 2566 02:12:22.239 --> 02:12:25.359 home with Remax Alliance three all three nine two zero 2567 02:12:25.520 --> 02:12:26.479 sixteen twenty two. 2568 02:12:31.359 --> 02:12:32.680 Hey Tom Martine here. 2569 02:12:33.359 --> 02:12:36.960 Well, we were talking about a lot of things, and 2570 02:12:37.000 --> 02:12:41.279 one of them was the scams that people come across. 2571 02:12:41.359 --> 02:12:45.439 So many people are victims of scams. And there are 2572 02:12:45.439 --> 02:12:49.079 a lot of solar scams. Now Brickwright as Red Rocks, 2573 02:12:49.479 --> 02:12:52.560 Roof and Solar. We love having a legit company on 2574 02:12:52.640 --> 02:12:54.880 but Brooke. Through the years, there were a lot of 2575 02:12:54.920 --> 02:12:57.640 bad solar companies that would sell at the door and 2576 02:12:57.720 --> 02:12:59.359 then then you'd never see him again. 2577 02:13:00.520 --> 02:13:02.520 Has the industry cleaned up a bit? 2578 02:13:03.920 --> 02:13:04.199 Well? 2579 02:13:04.279 --> 02:13:06.880 I think even from our conversation you can see how 2580 02:13:06.920 --> 02:13:09.159 confusing tax credit conversations can. 2581 02:13:09.039 --> 02:13:10.880 Be right today. 2582 02:13:11.000 --> 02:13:15.279 Yes, So the biggest thing that I hear is, oh, 2583 02:13:15.359 --> 02:13:17.680 the solar person told me that I was going to 2584 02:13:17.680 --> 02:13:20.000 get a check back from the government for X amount 2585 02:13:20.000 --> 02:13:21.960 of dollars. And this is a person that has no 2586 02:13:22.039 --> 02:13:24.520 tax liability and won't be able to do that. That 2587 02:13:24.640 --> 02:13:26.840 is still ongoing and I don't think that that will 2588 02:13:26.840 --> 02:13:34.880 ever get fixed. I would highly recommend anybody I'm so sorry, 2589 02:13:35.000 --> 02:13:37.399 no go ahead. I would highly recommend anybody looking to 2590 02:13:37.520 --> 02:13:42.000 solar to talk to ACPA or somebody else to say, hey, 2591 02:13:42.079 --> 02:13:44.279 is this legit and what can I expect to get 2592 02:13:44.279 --> 02:13:45.960 back with my specific taxes? 2593 02:13:47.199 --> 02:13:50.720 By the way, I already looked on the website to 2594 02:13:50.800 --> 02:13:53.600 sign up for Why do they want me to sign 2595 02:13:53.640 --> 02:13:55.359 up as a buyer of tax credits? 2596 02:13:55.600 --> 02:13:56.640 I'm going to do it, but. 2597 02:13:56.600 --> 02:13:59.359 Why do they want me to Why does the IRS 2598 02:13:59.359 --> 02:14:01.880 require the the process? 2599 02:14:01.920 --> 02:14:04.279 Why do they require me the buyer to sign up? 2600 02:14:06.079 --> 02:14:08.479 I'm really sorry, I have no idea. I just know 2601 02:14:08.520 --> 02:14:11.560 that it's part of the process that's been ongoing since 2602 02:14:11.880 --> 02:14:13.239 tax credits can be sold. 2603 02:14:15.119 --> 02:14:18.479 So what it says is, here's what it says is 2604 02:14:18.520 --> 02:14:21.640 that your personal identification. You got to do it a 2605 02:14:21.680 --> 02:14:23.319 whole identity thing. 2606 02:14:23.680 --> 02:14:27.279 Then you sign up, and then it says obtain a 2607 02:14:27.359 --> 02:14:28.560 registration number. 2608 02:14:28.760 --> 02:14:30.840 The IRS will give you a registration number. 2609 02:14:31.079 --> 02:14:34.880 Once approved, you'll receive this number and this number must 2610 02:14:34.960 --> 02:14:37.279 be included to validate your tax transfer. 2611 02:14:37.800 --> 02:14:39.520 Man, do you know how to do all this? Brooker? 2612 02:14:39.560 --> 02:14:41.079 Do you have an accountan that knows how to do it? 2613 02:14:41.199 --> 02:14:41.960 Yeah? Yep. 2614 02:14:42.079 --> 02:14:44.239 It's actually a lot easier than what it sounds. 2615 02:14:44.279 --> 02:14:48.199 You just put that registration number on that form F 2616 02:14:48.319 --> 02:14:51.800 three sixty eight, and that's how it gets tied directly 2617 02:14:51.840 --> 02:14:54.560 to you. For you to use those tax credits. 2618 02:14:54.720 --> 02:14:58.439 There's a publication called Publication fifty eight eighty four that 2619 02:14:58.800 --> 02:15:02.680 has comprehensive and instructions. And I have learned so much. 2620 02:15:02.720 --> 02:15:05.199 Say, you know, I know we've talked about this before 2621 02:15:05.199 --> 02:15:08.199 in the past, but it never really hit me that 2622 02:15:08.800 --> 02:15:11.840 you'd have to be a moron not to buy tax credits. 2623 02:15:12.039 --> 02:15:16.640 If you're gonna pay tax, why not pay less? I mean, 2624 02:15:16.920 --> 02:15:20.960 they're unused tax credits. Everybody's a winner. The people of 2625 02:15:21.039 --> 02:15:22.199 the tax credits are a. 2626 02:15:22.159 --> 02:15:24.760 Winner, and you're a winner. Yeah, I mean it's great. 2627 02:15:25.600 --> 02:15:29.079 So yeah, I'm your steady I'm going to be your 2628 02:15:29.119 --> 02:15:32.000 steady customer from now on. Okay, So we talked about 2629 02:15:32.520 --> 02:15:36.479 bank account assets scams, access scams, phishing scams, romance scams, 2630 02:15:36.760 --> 02:15:41.159 cashier check scams, fake landlord scam. Then this one is 2631 02:15:41.239 --> 02:15:45.920 quite complicated, the freight forwarding scam. That's where they ask 2632 02:15:46.079 --> 02:15:49.600 you to simply receive items, repackage them and send them 2633 02:15:49.600 --> 02:15:53.000 out for payment, and they do pay you, and you 2634 02:15:53.199 --> 02:15:55.159 are getting paid. So all of a sudden, you getting 2635 02:15:55.159 --> 02:15:57.279 a bunch of cell phones or you're getting certain things 2636 02:15:57.479 --> 02:15:59.399 and you have to repackage them and send them out. 2637 02:15:59.640 --> 02:16:02.680 Why because they're buying this stuff with stolen credit cards. 2638 02:16:03.039 --> 02:16:06.560 By you receiving the stolen merchandise and then re sending 2639 02:16:06.560 --> 02:16:10.560 it out, you become, in this chain of. 2640 02:16:10.520 --> 02:16:11.680 Events a criminal. 2641 02:16:12.039 --> 02:16:15.920 Of course, it's unintentional, and many times that the FBI can. 2642 02:16:16.319 --> 02:16:19.000 Verify that, they'll let you off the hook. But for 2643 02:16:19.039 --> 02:16:20.439 the most part, you're a criminal. 2644 02:16:20.600 --> 02:16:23.760 And Tom, don't forget. That really hurts. 2645 02:16:24.880 --> 02:16:25.399 I forgot. 2646 02:16:25.479 --> 02:16:27.479 I forgot about the puppy scam. 2647 02:16:27.600 --> 02:16:28.760 I'm down. 2648 02:16:29.399 --> 02:16:30.319 Puppy scams. 2649 02:16:31.520 --> 02:16:34.600 Yeah, it is where they tell you this puppies for sale, 2650 02:16:34.639 --> 02:16:36.520 they take your money, never ship the puppy. 2651 02:16:37.200 --> 02:16:39.559 No freight forwarding scams go ahead. 2652 02:16:39.559 --> 02:16:42.200 And then they have oh, the puppies at the airport, 2653 02:16:42.200 --> 02:16:43.479 but he needs a special crate. 2654 02:16:43.840 --> 02:16:44.559 Then he's got to. 2655 02:16:44.559 --> 02:16:45.159 Know I get it. 2656 02:16:45.239 --> 02:16:47.399 Yeah, I am, And it's all the same. 2657 02:16:47.959 --> 02:16:52.239 Then you have unexpected package delivery scams. That's where something 2658 02:16:52.280 --> 02:16:55.799 shows up at your house and and they call you 2659 02:16:55.879 --> 02:16:58.959 and say, oh, forward that to such and such. Again, 2660 02:16:59.040 --> 02:17:01.639 that's another freight for forwarding scam, but this one you 2661 02:17:01.680 --> 02:17:02.399 don't sign. 2662 02:17:02.239 --> 02:17:03.319 Up to do and get paid. 2663 02:17:03.639 --> 02:17:06.959 It's just like it was accidentally sent to you by mistake. 2664 02:17:07.479 --> 02:17:08.079 Another one. 2665 02:17:08.200 --> 02:17:11.280 Fake jobs, Oh my god, They're all over the place. 2666 02:17:11.360 --> 02:17:15.559 Fake jobs. You pay for getting a job, or to 2667 02:17:15.680 --> 02:17:18.799 do a job at home, or some registration fee and 2668 02:17:18.840 --> 02:17:21.399 it turns out to be fake. We already talked about 2669 02:17:21.399 --> 02:17:25.319 the grandparents scam, where they pretend the caller pretends he's 2670 02:17:25.319 --> 02:17:28.760 your grandson or granddaughter or niece or nephew, and it's 2671 02:17:28.840 --> 02:17:30.280 amazing how they do it. 2672 02:17:30.479 --> 02:17:34.479 Hey, grandma, is this you Timmy anyway? 2673 02:17:34.600 --> 02:17:38.479 And then also the PC tech scams where they go 2674 02:17:38.520 --> 02:17:42.120 online and say we're a tech from Microsoft and we're. 2675 02:17:41.959 --> 02:17:42.600 Going to help you. 2676 02:17:43.079 --> 02:17:45.639 And then what they do is they get into your 2677 02:17:45.680 --> 02:17:49.040 computer and they put either something in your computer that 2678 02:17:49.079 --> 02:17:52.719 feeds back to them or they simply view and download 2679 02:17:52.760 --> 02:17:57.760 the information. Celebrity impersonation scams where they pretend to be 2680 02:17:57.760 --> 02:18:01.639 a celebrity interested in following you and then eventually get 2681 02:18:01.680 --> 02:18:05.399 money from you. And then puppy scams. As Deputy Doc represented, 2682 02:18:05.559 --> 02:18:08.399 we got more coming up tomorrow. Don't forget car Day 2683 02:18:08.440 --> 02:18:11.239 on Friday, and you can always call us and get 2684 02:18:11.239 --> 02:18:13.280 in line at three oh three Martino three O three 2685 02:18:13.319 --> 02:18:15.239 sixty two seven eight four sixty six