Pillar6 Podcast

By: Roman Polnar
  • Summary

  • This is the Pillar6 Podcast. Where we talk about important topics around money, life, success and the balance of it all.
    Pillar6 Podcast (c) 2022
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Episodes
  • Unlocking DSTs: A Hidden Tool in 1031 Exchanges With Amit Urban
    Feb 17 2025

    Amit grew up in a family of real estate professionals, and early on, he saw how smart investing has helped people generate wealth and help them to live the way they dreamed.

    Now, as a real estate professional with Fortitude Investment Group, Amit helps rental property owners and investors navigate 1031 exchanges, Delaware Statutory Trusts (DSTs), and passive real estate investment opportunities.

    With over 15 years of experience in real estate, Amit has worked in both domestic and international markets, including developing shopping malls in China.

    In this episode…

    Many real estate investors know that 1031 exchanges are a powerful way to defer capital gains taxes, but few have explored the Delaware Statutory Trust (DST) as an alternative to traditional 1031 exchanges. Could this lesser-known tool provide greater flexibility, diversification, and passive income for investors looking to simplify their portfolios?

    According to Amit Urban, a seasoned real estate expert, DSTs are highly effective tools that allow investors to reinvest their 1031 exchange proceeds into institutional-grade properties without the burden of direct management. He highlights that DSTs provide diversification across multiple asset classes, passive income, and estate planning benefits, making them an attractive option for those transitioning out of hands-on property management. Amit highlights common examples and reasons investors are turning to DSTs as a way to preserve and grow their wealth while reducing taxes and operational headaches.

    In this episode of the Pillar6 Podcast, host Roman Polnar sits down with Amit Urban, Registered Representative at Fortitude Investment Group, to discuss how DSTs fit into the 1031 exchange landscape. They break down who benefits most from DSTs, how they compare to direct property ownership, and why they offer a compelling tax-deferral strategy. Amit also shares key considerations, risks, and estate planning advantages of using DSTs as a long-term wealth-building tool.

    Resources mentioned in this episode:
    • Roman M. Polnar on LinkedIn
    • Pillar6 Advisors
    • Amit Urban on LinkedIn
    • Fortitude Investment Group
    • The Go-Giver, Expanded Edition: A Little Story About a Powerful Business Idea by Bob Burg and John David Mann
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    40 mins
  • HR Under Trump 2.0 and What’s Next for Employers With Becky Barton
    Feb 6 2025

    Becky Barton is the CEO of People415, a human resources consulting firm that helps growing businesses grow faster with streamlined workflow policies, talent management, and HR compliance. With over 20 years of experience in HR strategy and operations, she specializes in aligning workforce planning with business goals. She has worked with companies across various industries, advising on hiring practices, employee classification, compensation, and compliance. Becky also speaks on HR trends and workplace regulations, providing guidance to business owners and leaders.

    In this episode…

    The landscape of HR is shifting once again with the second Trump administration, which will impact companies in different ways. Naturally, employers are left wondering: how will this administration impact my business, and what should we be doing? How can business owners and HR professionals stay ahead and ensure they’re making the right moves?

    According to Becky Barton, a leading HR expert and thought leader, in the short term, employers should prepare for a pro-business shift in federal labor policies, with many regulations likely being rolled back. She highlights how this could reduce compliance burdens at the national level but increase complexity for multistate employers as states like California continue to enforce stricter employment laws. With expected changes in wage laws, worker classification, workplace safety, and immigration enforcement, businesses must be proactive in auditing their HR policies to mitigate risk and adapt to new realities. In the longer term, continue to focus on best practices, building your corporate culture, and building a strong, committed, and motivated workforce.

    In this episode of the Pillar6 Podcast, host Roman Polnar sits down with Becky Barton, CEO of People415, to discuss what the Trump 2.0 presidency means for HR and business owners. They explore the likely rollback of federal labor regulations, key compliance risks for employers, and strategies to prepare for shifting workplace policies. Becky also shares actionable insights on worker classification, AI’s role in HR, and best practices for building a resilient workforce.

    Resources mentioned in this episode:
    • Roman M. Polnar on LinkedIn
    • Pillar6 Advisors
    • Becky Barton on LinkedIn
    • People415
    • Fisher Phillips
    • Quiet: The Power of Introverts in a World That Can't Stop Talking by Susan Cain
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    41 mins
  • Annuities: Misconceptions, Regulations, and Best Practices With David Cranfield
    Jan 23 2025
    David Cranfield is the Brokerage Director at Pinney Insurance, a full-service BGA. Pinney's services help financial advisors, planners, and insurance agents expand their knowledge on insurance products and source solutions for their clients. Some of David’s areas of focus include annuities, life and disability income insurance in business planning, estate planning, and individual insurance planning. With extensive experience in the insurance and financial services industry, he also serves as the Regional Vice Chair of the National PAC Committee for NAIFA (National Association of Insurance and Financial Advisors). In this episode… Annuities are one of the most debated topics in personal finance — praised for their lifetime income guarantees yet criticized for complexity, fees, and misuse. How can people separate fact from fiction and determine if annuities are the right financial tool for their needs? According to David Cranfield, a seasoned financial professional and self-professed “insurance geek,” annuities are neither inherently good nor bad — they are simply tools that must be used properly. He highlights that many misconceptions stem from an overwhelming number of annuities marketed by unqualified insurance advisors who fail to understand and explain critical details, such as guaranteed and non-guaranteed (i.e., movable) contractual provisions, fees, and various add-on riders. However, at their core, annuities excel in providing security for retirees concerned about market volatility and outliving their assets. But improper use, such as locking too much of one's liquid assets into long-term products like annuities, can lead to financial challenges when unexpected life events arise. In this episode of the Pillar6 Podcast, Roman Polnar speaks with David Cranfield, Brokerage Director at Pinney Insurance, to discuss common misconceptions about annuities, regulatory improvements, and best practices for informed decision-making. They explore how guarantees differ between products, why understanding surrender charges is crucial, and the importance of working with educated advisors. David also shares tips on evaluating annuity options to ensure they align with your financial goals. Resources mentioned in this episode: Roman M. Polnar on LinkedInPillar6 AdvisorsDavid Cranfield on LinkedInPinney InsuranceNational Association of Insurance & Financial Advisors (NAIFA)The Cost of Discipleship by Dietrich BonhoefferWild at Heart: Discovering the Secret of a Man's Soul by John EldredgeLivy: The Early History of Rome, Books I-V by Titus LivyLife Happens
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    39 mins

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