Saturday 29 December 2018

Interview: Grammy Nominee Luke Combs Talks About His ‘Mind-Blowing’ Success

Five years ago, country singer Luke Combs was just trying to get by. He was attending college in North Carolina, working two jobs, living in an apartment above a bar and driving a 2000 Dodge Neon. He was also preparing to make the trek to Nashville to record his very first EP.

Now, he’s a bonafide country superstar. His platinum-selling debut album, This One’s For You, has spent 20 non-consecutive weeks on top of Billboard’s Top Country Albums chart since its summer 2017 release and was recently named Billboard’s Top Country Album of 2018. He’s earned four chart-topping singles, each of which have been certified platinum and above. Additionally, he is the first solo artist ever to launch a career with four consecutive No.1 singles.

As if that’s not impressive enough, his Beer Never Broke My Heart Tour is breaking records left and right. He recently added six shows to the summer trek and each show sold out, totaling 70,000 tickets sold.

With stats like this, he has quickly become one of country music’s biggest stars.

Before he checked out for some much-needed rest over the holidays, Combs and I had the chance to chat about his incredible success, his recent CMA Awards win, his Grammy nomination and more.

Lauren Black: Congratulations on your success! Have you had a chance to really soak it all in yet?

Luke Combs: I definitely haven’t had the chance to soak any of it in. I hope I get to do that in the coming weeks. It’s been a pretty wild year. We’ve done so much that it’s hard to even make a top ten list of things that we’ve done this year as far as the cool factor goes.

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Black: What has been the most rewarding part of it all?

Combs: It’s really helped out everybody that works on my team tremendously. It’s allowed us to expand our team and pay people more. I am really thankful for that aspect of it because it not only improves my life, but the lives of 50 or 60 people, which is really awesome.

Black: At what point did you realize that this was really going to work?

Combs: After "When It Rains It Pours" went No.1. I was like, ‘Alright, we’ve got two now.’ That’s the hardest thing to do. Getting one is hard enough, but getting another one is real tough.

Black: You’ve had four No.1 singles now. That’s got to feel pretty amazing, right?

Combs: It’s just everything that you dream of when you start doing this for a living. You want to have a platform for people to hear your music and you hope that people love it. So far they do. It’s a really awesome feeling to get up on stage every night and not have to wonder if people are listening, or if they’re gonna know your songs or know who you are. You spend a lot of time trying to prove yourself and validate yourself. It’s a really awesome feeling, at least for right now, that we can go on stage and have songs that people have been hearing on the radio.

Black: Can you tell me more about your new single, “Beautiful Crazy?”

Combs: I wrote it about my now-fiancĂ© before we started dating. I think it was a first-time thing for me as far as having that direct inspiration for a song. It’s fun and it’s lighthearted, but it also has a message: you’re supposed to love someone for who they are. That was the idea when we wrote the song. There might be things that are quirky or weird about somebody, but sometimes, those are the things that draw you to that person.

Black: If someone would have sat you down a few years ago and told you what was to come, would you have believed them?

Combs: I always had confidence in myself and my abilities, but I never would have imagined it being to this extent. I think my real goal was just to be able to make a decent living playing music. Everything else on top of it is so awesome and so amazing. My team and I are thankful for everything.

Black: If you weren’t doing this, what would you be doing?

Combs: I am doing what I would be doing anyway. I would be doing this in some capacity, whether I was known or a complete nobody.

Black: What did winning the CMA Award for New Artist of the Year mean to you?

Combs: That was my first CMA win. It was pretty wild. It is hard to explain that moment. I don’t get choked up a lot and a lot of things don’t get to me that much, but that was one of those moments that really took me by surprise from an emotional standpoint. It felt like the culmination of all these last seven years. It’s been a really long process, so it was a really nice affirmation that all of this work that I have done has paid off.

Black: You recently sold out several shows at pretty massive venues. How does it feel to go from playing small bars and theaters to selling out amphitheaters?

Combs: We’ve been out playing for a long time. I’ve never really stopped playing live gigs since I was good enough to play for an hour in front of people. I’ve always liked singing and playing and the atmosphere of a concert, seeing people have fun listening to good music. It’s been awesome to have gotten to do all of this. To go from playing a chicken wing restaurant in Asheville, the Wild Wing Cafe, to selling out PNC Music Pavilion in Charlotte where I used to go see concerts when I was a kid is absolutely mind-blowing. Having 20,000 people buy tickets, that is insane to me.

Black: Can you talk about your Grammy nomination?

Combs: The Grammy nomination is something we did not see coming. It’s an absolute honor and doesn’t even seem like something that can happen to somebody like myself. There are things that when you grow up lower middle class that seem very unattainable or unreachable. Goals that you think would be impossible to hit or could never happen to you and that is one of those things. It’s cool to be one of the guys, or gals, from Nashville to represent our genre out there. To know that my peers have voted on me is something that I don’t take lightly. It’s something that carries a lot of weight for me and I am grateful for it.

The conversation has been edited and condensed for clarity.

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Sunday 16 December 2018

American IRA Releases Self-Directed Real Estate IRA Glossary

American IRA recently released a Self-Directed Real Estate IRA "Glossary" featuring a list of terms that people using a Self-Directed Real Estate IRA need to know to pay taxes and build a retirement nest egg.

CHARLOTTE, N.C., Dec. 3, 2018 /PRNewswire-PRWeb/ — The world of the Self-Directed Real Estate IRA can be confusing for those new to the concept, but American IRA recently released a list of Self-Directed Real Estate IRA terms to help retirement investors make sense of phrases like "cap rate" and "unrelated debt-financed income."

In the glossary, American IRA points out that a Self-Directed IRA is a retirement account held by an investor who retains direct control of the individual investment decisions while including the choice of a custodian or broker. With Self-Direction, it is possible for an investor to utilize a wide degree of assets such as real estate to diversify out of the stock market and utilize retirement account protections for these assets.

Investing in real estate through a Self-Directed IRA affords a number of benefits like tax protection—but it also means that investors have to know what to do. According to Jim Hitt, CEO of American IRA, that’s why the company released a glossary of terms to help clarify the issue.

"There are a lot of confusing terms for someone who’s just started out in investing," said Jim Hitt. "And when you write an article that uses a lot of these terms, it does not make sense. We decided to put out a glossary of Self-Directed Real Estate IRA terms to help people make sense of what they are reading—as well as understand why it is so important to give themselves the knowledge they need to handle something like a Self-Directed Real Estate IRA."

The glossary goes on to define a wide range of terms, including Roth IRA, rollover, prohibited investments, probate, hard money loans, Fair Market Value, disqualified persons, and more. Some of these terms apply to all retirement investors, while others are more specifically directed at anyone who holds real estate within a Self-Directed IRA.

"This is why it is so important to work with a reputable Self-Directed IRA custodian," said Jim Hitt. "People who direct their own accounts need to have an expert in their corner who understands the details."

For more information, or to visit the glossary, visit http://www.AmericanIRA.com. Call American IRA at 866-7500-IRA.

"About:
American IRA, LLC was established in 2004 by Jim Hitt, CEO in Asheville, NC.
The mission of American IRA is to provide the highest level of customer service in the self-directed retirement industry. Jim Hitt and his team have grown the company to over $400 million in assets under administration by educating the public that their Self-Directed IRA account can invest in a variety of assets such as real estate, private lending, limited liability companies, precious metals and much more.

As a Self-Directed IRA administrator, they are a neutral third party. They do not make any recommendations to any person or entity associated with investments of any type (including financial representatives, investment promoters or companies, or employees, agents or representatives associated with these firms). They are not responsible for and are not bound by any statements, representations, warranties or agreements made by any such person or entity and do not provide any recommendation on the quality profitability or reputability of any investment, individual or company. The term "they" refers to American IRA, located in Asheville and Charlotte, NC."

Source Article

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Sunday 2 December 2018

American IRA Publishes Self-Directed Real Estate IRAs and Insurance Guide

Self-Directed Real Estate IRAs and Insurance can be difficult to understand–which is why American IRA recently released a blog post aimed at educating investors on these complex topics.

ASHEVILLE, N.C., Dec. 1, 2018 /PRNewswire-PRWeb/ — Holding real estate within a retirement account is a new concept to many—which is why it can be confusing. Self-Directed Real Estate IRAs come with rules such as prohibited transactions and working through a property manager to ensure the proper separation between owner and the investment property. That’s why many investors find it perplexing when trying to understand how real estate insurance might work within such an arrangement.

Recently, American IRA—a Self-Directed IRA administration firm based in Asheville, NC—released a blog post that detailed how real estate "IRAs" and insurance might work hand in hand. The post established some key points that investors should pay attention to. The first among these was that a Self-Directed IRA, not the individual investor, has to be the "payor and beneficiary of all insurance policies covering the property." That means that the account is handling the expense of insurance—not the individual holding the account, from their own personal funds.

This point highlights a key distinction of owning real estate through a Self-Directed IRA: it is essential to keep the account and one’s personal holdings separate. In this way, a Self-Directed IRA—like any other IRA—is to serve as a separate entity.

The post went on to describe a range of other issues, such as having a Self-Directed Real Estate IRA administrator send in insurance premium payments. Sending in premiums from a personal checking account could threaten the tax-advantaged status of the investment. When this status is revoked by the IRS, investors could face major tax penalties.

Why does it matter? Real estate investors need to hold landlord insurance if they have tenants.

"There’s a lot to consider when holding real estate within a Self-Directed IRA," noted Jim Hitt, the CEO of American IRA. "That’s why we recommend working with a qualified Self-Directed IRA administrator. Not only does that make it possible to send in valid premium payments, but it will help smooth over the entire process and ensure that all precautions are taken."

For more information on Self-Directed Real Estate IRAs and insurance, visit American IRA’s site at http://www.AmericanIRA.com or call 866-7500-IRA.

"About:
American IRA, LLC was established in 2004 by Jim Hitt, CEO in Asheville, NC.
The mission of American IRA is to provide the highest level of customer service in the self-directed retirement industry. Jim Hitt and his team have grown the company to over $400 million in assets under administration by educating the public that their Self-Directed IRA account can invest in a variety of assets such as real estate, private lending, limited liability companies, precious metals and much more.

As a Self-Directed IRA administrator, they are a neutral third party. They do not make any recommendations to any person or entity associated with investments of any type (including financial representatives, investment promoters or companies, or employees, agents or representatives associated with these firms). They are not responsible for and are not bound by any statements, representations, warranties or agreements made by any such person or entity and do not provide any recommendation on the quality profitability or reputability of any investment, individual or company. The term "they" refers to American IRA, located in Asheville and Charlotte, NC."

Source Article

The post American IRA Publishes Self-Directed Real Estate IRAs and Insurance Guide appeared first on MAYWEATHER VS ALVAREZ LIVE STREAMING.


Learn More: http://www.mayweathervsalvarezlivestreaming.com/american-ira-publishes-self-directed-real-estate-iras-and-insurance-guide/