How to Manage Lawyers and Accountants in Your Land Business (LA 1778)

How to Manage Lawyers and Accountants in Your Land Business (LA 1778) Transcript: Steven Butala: Steven and Jill here. Jill K DeWit: Hello. Steven Butala: Welcome to the Land Academy Show, entertaining land investment talk. I'm Steven Jack Butala. Jill K DeWit: And I'm Jill Dewitt, broadcasting from the Valley of the Sun. Steven Butala: Today Jill and I talk about how to manage lawyers, and accountants, and other professionals in your land business. Like many, many topics this thing came up- Jill K DeWit: Where did this come from? Steven Butala: Because of Discord. Jill K DeWit: But, why would you possibly come up with this? Steven Butala: So what happened- Jill K DeWit: This is not fun. Let's talk about taxes or something, like no one gets excited about that. Steven Butala: Well- Jill K DeWit: You're talking about lawyers and accountants. Steven Butala: People need to know. I don't like lawyers and accountants either. I'm am a recovering accountant. Jill K DeWit: I know that's I'm like- Steven Butala: This is the last thing I want to talk about today. Jill K DeWit: That's what I was going to say. I'm like, why are we doing this today? Why are we subjecting a, are we going to talk about raising young children after this? Steven Butala: No. Jill K DeWit: Okay. Steven Butala: Yeah, I don't talk about that either, having a baby. Jill K DeWit: Okay, good. Here we go. Steven Butala: Before we get into it, let's take a question posted by one of our members on landinvestors.com, online community is free. And I hope you know by now, Jill and I instruct, every quarter or so, a session called career path. If this is your career buying and selling land, or you want it to be, let us know, maybe you might be a good candidate for a career path. Jill K DeWit: It's a 10 week intense, taught by us program. That is really for, like he said, for you, if you really want to hit this home and make this big, that's what this is, so cool. Steven Butala: There's a big, long string in Discord that started with a guy named Graham who sent a bunch of letters out. Jill K DeWit: Is it H. Graham? Steven Butala: Yeah. Jill K DeWit: Okay, got it. Steven Butala: Sent a bunch of letters out to a state, like we always do, a county, and there were a bunch of several people or one, let's just say one person that lived in Iowa but owned property in different state. And it sparked a big issue because Iowa is a non, I'll tell you about it in a minute. Anyway, it sparked a long session in Discord about how to deal with lawyers. And it, we have lawyers in our group, and it just, it was funny to see what happened. Jill K DeWit: Some people get well to upset. I understand getting, there's a time to get upset about things when there's malicious intent or something like that. Steven Butala: Yes. Jill K DeWit: But then there's- Steven Butala: That's what I said in Discord, actually. Jill K DeWit: Yeah. When there's not- Steven Butala: That's good. Jill K DeWit: That malicious intent, cause I've learned that phrase from you, when there's not malicious intent. And it was an, just an accident. You're not taking anything from somebody he's just like throw my letter away. I don't know why people get all upset about that. Steven Butala: When I started buying and selling land, I went to meet with a lawyer long, long time ago in the mid-nineties, early nineties, and said, can I get in trouble for this? And so we sat down and I said, can I buy and sell land? Well, not really. Jill K DeWit: Oh, that's funny. Steven Butala: And so I asked all these questions, what do I need to do? Nope, nope. His answer was no to everything's. At the end I said some version of this, "So, should I get out of bed tomorrow morning"? And he looked at me and said, "There's a lot of risk in that". Jill K DeWit: Yep. Steven Butala: And so, this is Josiah. It's not- Jill K DeWit: His commentary. Steven Butala: Necessarily a question, yeah. Jill K DeWit: