*Financial planning is like navigation. If you know where you are and where you want to go, navigation isn't such a great problem. It's when you don't know the two points that it's difficult* ...
Same, I operate a wide- range of Investments with help from My Financial Adviser. My advice is to get a professional who will help you, plan and enhance your management skills. For the record, working with Ricky Wen, has been an amazing experience.
Despite all the financial struggles I and my family faced, everything is finally falling into place!$130,000 profit and riches I'll always praise the Lord❤️
Wow that's nice he makes you that much!! Thanks 🙏 I will try to reach his services, I work 3 jobs and trying to pay off my debts for a while now!!Thanks for the help.
Using the debt snowball I paid off 54k in cc debt in a little over 2 years. This was in 2011-13. Today no debt - I mean zero, nada. Retired with side hustle and FREE! ❤
Mark. Your firm is awesome. I did reach out. Gal contacted me in 24hrs. Don’t pull the trigger yet. Up to this point I’ve done it on my own. But I’m getting to the point gotta focus on other things. Thank you so much up to this point.
I'm retired at 41 I have 2 million in dividend ETFs that pay monthly an annual blended yield of 10-11%. EZ 200k per year at around 16-17k a month. taxed at regular income. Condo paid HOA is like $600 a month overall my fixed expenses to live is around 2k. I'm bored I can't buy enough rolex every month because they won't sell it to me lol. So i just keep buying the same ETFs with the excess cash. The end result is the same taxed at regular income. I don't give advice, so sorry can't tell you the tickets.
IMHO min payment on house loan. When you pay it, that’s liquidity gone unless you have a HELOC but pass on that for expenses. Put the cash maybe in FLOT or SGOV and make over 5%. Decide later. Also highest interest first “makes” the money money. If it’s a cash flow issue then consider payment to debt amount ratios. Ie if you owe $2000 and the payment is a high % of your cash flow then that first. Entertainment purposes only. :)
Since my crypto sales were under, I think 8000. I just included it in my income because that’s what I was told to do. I paid just my regular income tax on it.
Can i get a list of your cpa network in Houston? Thanks. I can't event finish my coinledger report because the wallets that are not supported i hve to do manually... i have no idea what im going. I need to submit ipa stuff... whats that??? Haven't done taxes because of that
Brother how can i have a consultation with u or associates? Im in cali and i do uber fulltime, my tax guy tells me he can only right off my mileage from uber, but not anything else because hes giving me max? Dont really know what that means i only get back about 3800 with state and federal? 🙏💯
The first step to successful investment is figuring your goals and risk tolerance either on your own or with the help of a financial professional but it's very advisable you make use of professional
Hi Mark, Love your videos and am half way into your book. I've been getting 1099 pay since May and now it's November and I started an LLC in October. Can I convert to an S Corp and claim those 5 months of 1099 under the S Corp to minimize the SE tax? Craig
I predict one day that currency exchanges such as gold/silver for dollars will not be taxed. Why? Gold is gold. Immutable. But if you ”profit” on it i.e. you get more dollars, that’s considered profit. But the base currency hasn’t changed. You’d lose money converting it back over the long term. Is that considered a loss? No.
Yes, you can report crypto losses to off-set your gains elsewhere. Find a Main Street Certified Tax Advisor on Mark's website by clicking on Services and Tax Advisor Network.
What would you tell a fella that sold a property with 3 homes on it that he spent money on to rehab that was given to him by his father when he died. He only rented one out for about 18 months of the 4 years he had them. He just sold last month in ohio for 300,000 ?
Mark has a better idea for you, and he taught me everything he knows. He has a network of Tax Advisors that he has certified to help bridge the gap between his advice here and the strategies that you should be implementing in your life.
I lost over $70k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Belinda Owens
Belinda Owens has really set the standard for others to follow, we love her here in Canada 🇨🇦 as she has been really helpful and changed lots of life's
But I only took small prophets each year because I didn’t want to get slammed. I was waiting until Trump got elected before I did any major profits. I have most of mine in a Roth IRA
To work with Mark directly like me, you'll need to join his Tax Advisory Network. He will provide you with pre-recorded trainings and test. Then every week you will have two to three group Zoom calls where he or other trusted instructors will help you learn to apply these strategies for yourself and others.
Believe that Jesus Christ died and resurrected for you by God The Father, and love one another: you shall have eternal life in the world that is to come.
soo disappointed you drank Ramsey's kool-aide. Snoball costs ppl $$$. $20k @ 25% & $5k @ 0%. If you come up with $5k and pay off the 5k first, you'll accumulate $5k in inter on the $20k in the 1st year and be back in the same hole at the end of the year and wasted the 5k
*Financial planning is like navigation. If you know where you are and where you want to go, navigation isn't such a great problem. It's when you don't know the two points that it's difficult* ...
Same, I operate a wide- range of Investments with help from My Financial Adviser. My advice is to get a professional who will help you, plan and enhance your management skills. For the record, working with Ricky Wen, has been an amazing experience.
Hello how do you make such monthly?? sometimes I feel so down🤦🏽of myself because of low finance but I still believe in God
If you are not conversant with what you see here you can look upto him on the internet using his full name❤️
Despite all the financial struggles I and my family faced, everything is finally falling into place!$130,000 profit and riches I'll always praise the Lord❤️
Wow that's nice he makes you that much!! Thanks 🙏 I will try to reach his services, I work 3 jobs and trying to pay off my debts for a while now!!Thanks for the help.
Using the debt snowball I paid off 54k in cc debt in a little over 2 years. This was in 2011-13. Today no debt - I mean zero, nada. Retired with side hustle and FREE! ❤
Mark. Your firm is awesome. I did reach out. Gal contacted me in 24hrs. Don’t pull the trigger yet. Up to this point I’ve done it on my own. But I’m getting to the point gotta focus on other things.
Thank you so much up to this point.
I'm retired at 41 I have 2 million in dividend ETFs that pay monthly an annual blended yield of 10-11%.
EZ 200k per year at around 16-17k a month. taxed at regular income. Condo paid HOA is like $600 a month overall my fixed expenses to live is around 2k.
I'm bored I can't buy enough rolex every month because they won't sell it to me lol.
So i just keep buying the same ETFs with the excess cash. The end result is the same taxed at regular income.
I don't give advice, so sorry can't tell you the tickets.
IMHO min payment on house loan. When you pay it, that’s liquidity gone unless you have a HELOC but pass on that for expenses. Put the cash maybe in FLOT or SGOV and make over 5%. Decide later. Also highest interest first “makes” the money money. If it’s a cash flow issue then consider payment to debt amount ratios. Ie if you owe $2000 and the payment is a high % of your cash flow then that first. Entertainment purposes only. :)
Got me fired up!! Lets GOOO... slowly
Enjoyed the video. Thanks for sharing
Flown the family twice off points alone, several christmas gifts too!
Since my crypto sales were under, I think 8000. I just included it in my income because that’s what I was told to do. I paid just my regular income tax on it.
That's not the test, test is holding period - if held > 1yr , they cost you $$$$; $800 to $2k
SERIOUSL QUESTION is this a re upload?
Can i get a list of your cpa network in Houston? Thanks. I can't event finish my coinledger report because the wallets that are not supported i hve to do manually... i have no idea what im going. I need to submit ipa stuff... whats that??? Haven't done taxes because of that
I'm a sole owner of S Corp with all stock. How do I put my Wife and daughter on my bord?
Brother how can i have a consultation with u or associates? Im in cali and i do uber fulltime, my tax guy tells me he can only right off my mileage from uber, but not anything else because hes giving me max? Dont really know what that means i only get back about 3800 with state and federal? 🙏💯
*PLEASE I KNOW NOTHING ABOUT TRADING/ INVESTING AND I'M KEEN ON GETTING STARTED . WHAT ARE SOME STRATEGIES TO GET STARTED WITH ?*
As a beginner, it's essential for you to have a mentor to keep you accountable.
I'm guided by a widely known crypto consultant
Mrs Felda Fred
This is correct, Felda Fred strategy has normalized winning trades for me also and it's a huge milestone for me looking back to how it all started.
Isn't that the same Felda Fred that my neighbours are talking about, she has to be a perfect expert for people to talk about her so well..
The first step to successful investment is figuring your goals and risk tolerance either on your own or with the help of a financial professional but it's very advisable you make use of professional
Hi Mark, Love your videos and am half way into your book. I've been getting 1099 pay since May and now it's November and I started an LLC in October. Can I convert to an S Corp and claim those 5 months of 1099 under the S Corp to minimize the SE tax? Craig
Will management or developer consider a side hustle? Does it need to open LLC or not?
In savings, what about the term that’s going around that said Bank bailing that they use your money to bail themselves out
Mark, do I have to do a FinCEN report if I get an EIN for a sole proprietorship account?
Mark has his own firm, Main Street Business Services. If you need a referral, let me know. I am in his Tax Advisor Network.
I predict one day that currency exchanges such as gold/silver for dollars will not be taxed. Why? Gold is gold. Immutable. But if you ”profit” on it i.e. you get more dollars, that’s considered profit. But the base currency hasn’t changed. You’d lose money converting it back over the long term. Is that considered a loss? No.
What about net losses in crypto? Still reportable?
Yes, you can report crypto losses to off-set your gains elsewhere. Find a Main Street Certified Tax Advisor on Mark's website by clicking on Services and Tax Advisor Network.
What would you tell a fella that sold a property with 3 homes on it that he spent money on to rehab that was given to him by his father when he died. He only rented one out for about 18 months of the 4 years he had them. He just sold last month in ohio for 300,000 ?
Hi Mark,
Can I have a Roth RIA and not designate a beneficiary until I’m sure who should get the fruits of my labor and investment?
Thank you
Mark has a better idea for you, and he taught me everything he knows. He has a network of Tax Advisors that he has certified to help bridge the gap between his advice here and the strategies that you should be implementing in your life.
What do I do if my HR does not know how to do this? Is it possible for me to do Mega Backdoor Roth without going thru my HR personnel
so what if you used your crypto to pay off a loan without converting to usd?
I lost over $70k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Belinda Owens
The very first time we tried, we invested $2000 and after a week, we received $9500. That really helped us a lot to pay up our bills.
Belinda Owens has really set the standard for others to follow, we love her here in Canada 🇨🇦 as she has been really helpful and changed lots of life's
I'm new at this, please how can I reach her?
After I raised up to 125k trading with her I bought a new House and a car here in the states also paid for my son's surgery
Glory to God shalom.
Sure! She interacts on what's App using the digit below 👇
But I only took small prophets each year because I didn’t want to get slammed. I was waiting until Trump got elected before I did any major profits. I have most of mine in a Roth IRA
The “ IRS “ has gone to far for Decades.
I contacted Bernadette Clay in Maryland, she never answered my email
Mark I want to work with you. Not the people on the site
To work with Mark directly like me, you'll need to join his Tax Advisory Network. He will provide you with pre-recorded trainings and test. Then every week you will have two to three group Zoom calls where he or other trusted instructors will help you learn to apply these strategies for yourself and others.
@@PaulVazquezJD so Mark is only training people? He doesn’t setup LLC and trusts like he states in the videos?
@@polini65 Mark's law firm, KKOS, does setup LLCs and Trusts.
👍🏾
BS ….. I did extension once , and IRS did the audit for this year 😂😂😂😂😂
Believe that Jesus Christ died and resurrected for you by God The Father, and love one another: you shall have eternal life in the world that is to come.
Why would I believe someone dying for me? A sinless person dying for the sins of others is t just. If God was so forgiving couldn’t he just forgive?
You spread fearbut are not available to handle peoples request for help.
?????
soo disappointed you drank Ramsey's kool-aide. Snoball costs ppl $$$. $20k @ 25% & $5k @ 0%. If you come up with $5k and pay off the 5k first, you'll accumulate $5k in inter on the $20k in the 1st year and be back in the same hole at the end of the year and wasted the 5k