Was dead asleep...heard this man voice and thought I'll just turn the UA-cam TV off. Nope my ears were trapped. The wealth of information/education Mark shouted was more than I learned in all my years in business school. I watched an just fell in love with his magic. Amazing job, I absolutely love this Show!!! I'm hooked.
You have no idea how incredible it is that you offer this information. The in depth research and knowledge you have brought to the table in an hour is by far the best education I have received!! I look forward to your conference. Thank you sooooo much for putting this out here. Blessings to you for your fun, candid approach. And willingness to share. ❤
This is the best shit on UA-cam! I have all the books on audible! I watch everyone of your video at least 3 times. Love Matt also, y'all have helped me so much! Thank you
I’m a real estate broker and will say you are spot on!!! I have so many investors that I can share this with!! Thanks so much. I subscribed and thumbs up....
Powerful stuff! CRITICAL INFORMATION to understand about ASSET PROTECTION! Watch this all the way through. Mark is a God Send. Thank you so much brother. I truly appreciate that you shared this knowledge. Just purchased this book👍🏼
Super hero for the ages! Answered so many of my current and future questions within this one show. Mark is truly saving American dreams of legacy!!! Thank you and your team for sharing all that you know and do!
Thx Mark. You validated my activity of forming a TN LLC to hold ownership of my Nashville Duplex, which is owned by my Trust. What I am not clear on is if I should form a CA LLC to hold ownership of my CA rentals since I am carryovering rental losses. I am told I will lose those losses if I change ownership.
This podcast had so many nuggets. I had questions about the series LLC and the COP was extra! I stayed until the end and glad I did because my questions got answered
I'm soooooo GLAD I found your channel!! 👏👏👏👏 I've owned my rental properties for many yrs and did not know any of this. My tax guy always told me it was passive incomes. Well it's the freaking hardest blood, sweat n tears past too many years of work I've ever put in ..Geeeze 🥵 Is there a website or a step by step guide I can go to to set this all up the way it needs to be?
We need a video on ECommerce stores. Specifically, being registered for sales and use tax in multiple states and the threshold when you file for each state. Dedicate a whole video to Ecommerce similar to this video. PLEASE!
Just finding this video now! Thank you!! Amazing, and I really appreciate you getting right in to it! Subscribed/liked/and I hit that bell. Looking forward to the reads!
Another amazing video! I love all of your content, I’ve learned so much from you over the last few years that I’ve been following you. Thanks again, I called your office the other day to set up an appointment with you, they said you were not taking new clients! I was sad. LOL. Thanks again. Matt
I'm sorry! We are so crazy busy right now! All of our other attorneys are taking new clients and we do training meetings with them every week to ensure they know all of the strategies I teach on my UA-cam. If you really need a consult, I am sure they will be able to help you!
@@MarkJKohler How do we contact one of your Trained attorneys? Not just a referral... one that follows your process. Your Website does not provide contact Phone No. or emails. Thanks
Me toooo... 😩😉🤓 have you been able to find a firm that runs things similarly to MJK? Really needing to get our affairs in order and wanting to do it the right way!
Talking taxes usually isn’t real exciting. The exception is, when it applies to you and you can save/make thousands!! Funny how that works. Thank you for the video!
Side note. If you are a “real estate professional” you have in the eyes of the IRS changed your passive income to active income. Which means yes you can use it to offset the wife active w2 taxes BUT your active income is subject to self employment taxes now. If you report a profit of course lol.
THE CRYPTO AND FOREST TRADE CURRENCY MARKET HAS BEEN GOOD NEWS LATELY, MANY PEOPLE IN IT ARE SEEKING A GREAT RETURN INVESTING TO SECURE MORE PROFIT AND ENSURE SUCCESS
Not a single property I own loses money because I bought them at low prices. I profit a ton on my real estate even after all of the deductions, depreciation, Interest to the bank, travel, gas, you name it if I can I deduct it yet I still make over $100K with 2 properties
Hey Mark, when you talk about becoming a real estate professional as say my spouse... if we are already tracking our write offs in our bucket and my wife becomes a real estate professional after say our third property can we then take the losses bucket that year when she becomes a real estate professional from prior? Thanks!
Hi I am starting to get obsessed with ur shows but have fear starting out on some of ur info. I am a massage therpist and gig worker with door dash and rideshare. My husband gets base pay and tips and he does occasional gig work with apps. I heard u say something about scorp, k1 and w2 in another show. We are near closing on new home and I work out of home. We own another home that my mom lives in and a 17 year old. Can u please do a show for people like me please and let me no when it hits utube.
If I don’t have a W2 jobs, and I have a rental property that doesn’t have any mortgage anymore. Should I buy another rental and pay it off or should I take a mortgage on the new rental property? Thank you very much.
I would be a loss cuz I got to set up a office and everything I got to start from the beginning I have people renting in my house. I have alot of damaged
Hello Mark, one again great video, i wanted to ask you something. If you buy crypto let’s say 20k in Btc @ 15k and the goes up to 30k, if you sell the initial 20k and leave the rest in Btc. How would it work the capital gains if i just sold the same amount i invest? Thank you for the great info you provide!!!
still considered capital gain.The fact that you only sell a portion of what you bought doesn't make any difference. You still have to report how much you bought that portion and how much you sold that portion and deal with the tax consequences of that gain.
If I'm an investor in real estate and I make taxable passive income I don't have to pay social security taxes on the income. But if I'm the same situation I become a real estate professional won't I have to start paying social security tax etc.
There may be a cap when writing off real estate loss against W2, dividends (non-business income) , it is the excess business loss rules. Be careful with this
I’m a CPA with a masters in taxation and will say they don’t teach you this in school. This is all news to me 🤣. Way to go Mark!
That’s crazy we learn this as basic as an Enrolled Agent
ya we been lied to we are the creditors
Is what Mark is saying true?
Was dead asleep...heard this man voice and thought I'll just turn the UA-cam TV off. Nope my ears were trapped. The wealth of information/education Mark shouted was more than I learned in all my years in business school. I watched an just fell in love with his magic. Amazing job, I absolutely love this Show!!! I'm hooked.
You have no idea how incredible it is that you offer this information. The in depth research and knowledge you have brought to the table in an hour is by far the best education I have received!!
I look forward to your conference.
Thank you sooooo much for putting this out here. Blessings to you for your fun, candid approach. And willingness to share. ❤
This is the best shit on UA-cam! I have all the books on audible! I watch everyone of your video at least 3 times. Love Matt also, y'all have helped me so much! Thank you
I’m a real estate broker and will say you are spot on!!! I have so many investors that I can share this with!! Thanks so much. I subscribed and thumbs up....
Powerful stuff! CRITICAL INFORMATION to understand about ASSET PROTECTION! Watch this all the way through. Mark is a God Send. Thank you so much brother. I truly appreciate that you shared this knowledge. Just purchased this book👍🏼
Super hero for the ages! Answered so many of my current and future questions within this one show. Mark is truly saving American dreams of legacy!!! Thank you and your team for sharing all that you know and do!
Mark your last example was amazing. I am brand new to your content, this vid has me hooked. Thank you for sharing your knowledge with the masses.
I love his enthusiasm and his great advice
Thx Mark. You validated my activity of forming a TN LLC to hold ownership of my Nashville Duplex, which is owned by my Trust. What I am not clear on is if I should form a CA LLC to hold ownership of my CA rentals since I am carryovering rental losses. I am told I will lose those losses if I change ownership.
Mark! You are amazing🙏 Thx for all the impactful teachings🙏
Lately, I've been watching you. I'm learning so much. When it's my time to become a S-corp, I'm coming to you.
Danke fürs Zuschauen...
To shrink tax payments over the long run
Thank you guys so much for pushing out this education!!! It is helping my family keep our deck of cards in order!!!
Loved the option #4 Grand Finale!!! Awesome asset protection structure!
This podcast had so many nuggets. I had questions about the series LLC and the COP was extra! I stayed until the end and glad I did because my questions got answered
Triple Trifecta got action...! You are the man with the plan!🏄♂️
Just came across this and totally blew my mind!!
Thank you so much for putting this information out it was very helpful!
I'm soooooo GLAD I found your channel!!
👏👏👏👏
I've owned my rental properties for many yrs and did not know any of this. My tax guy always told me it was passive incomes. Well it's the freaking hardest blood, sweat n tears past too many years of work I've ever put in ..Geeeze 🥵
Is there a website or a step by step guide I can go to to set this all up the way it needs to be?
From now on ima call you the "Rental God"🙌💪
This was great and applied directly to me. Kristy on your team has been great for me.
We need a video on ECommerce stores. Specifically, being registered for sales and use tax in multiple states and the threshold when you file for each state. Dedicate a whole video to Ecommerce similar to this video. PLEASE!
Mark - you are our national treasure!
THIS IS PURE GOLD!!!
Great topic . Thanks alot Mark
Just finding this video now! Thank you!! Amazing, and I really appreciate you getting right in to it! Subscribed/liked/and I hit that bell. Looking forward to the reads!
My heart dropped when he said Illinois LLC doesn’t protect you in case you get sued… thank god in learning from my man mark.
This is only getting better for me
Wow very impressive, and surprisingly for what would be a normally dry topic, very entertaining. Great job!
You're awesome man. This was a great video. Learned a lot. Thanks for making it.
I don't usually comment on videos but I couldn't stop myself from doing so here. Awesome content and an impressive one. Thank you so much.
Wish I found your channel earlier. Learned a lot and thank you! We have a house. Can I start a LLC, and then rent from myself? Married an engineer 😁
Another amazing video! I love all of your content, I’ve learned so much from you over the last few years that I’ve been following you. Thanks again, I called your office the other day to set up an appointment with you, they said you were not taking new clients! I was sad. LOL. Thanks again. Matt
I'm sorry! We are so crazy busy right now! All of our other attorneys are taking new clients and we do training meetings with them every week to ensure they know all of the strategies I teach on my UA-cam. If you really need a consult, I am sure they will be able to help you!
@@MarkJKohler How do we contact one of your Trained attorneys? Not just a referral... one that follows your process. Your Website does not provide contact Phone No. or emails. Thanks
@Coleman T here is the number for my firm: 888-801-0010
@@colemant6845 yum I do uhhh IV bfEdiuuuuiiiu ant you to u you get ok k HGCuverw heuuu Ref GF TTS ygyy vGF C
Me toooo... 😩😉🤓 have you been able to find a firm that runs things similarly to MJK? Really needing to get our affairs in order and wanting to do it the right way!
Talking taxes usually isn’t real exciting. The exception is, when it applies to you and you can save/make thousands!! Funny how that works. Thank you for the video!
Glad I found your channel. Thanks for helping.
I love this guy!
Thank You! Good stuff.
I see the good reasons WHY to have a Revokable Trust. But the HOW has never been explained to me.
Side note. If you are a “real estate professional” you have in the eyes of the IRS changed your passive income to active income. Which means yes you can use it to offset the wife active w2 taxes BUT your active income is subject to self employment taxes now. If you report a profit of course lol.
Economic Opportunity Zone is the best advantage...stay put for 10 years and when you sell you keep ALL proceeds
I have a lot of watching to do. Thank you so much for your time. For people like me.
Sure
So informative, not boring at all even the video is long. I want you to set me up.
Thanks for your feedback,for more guidance and investments........
What- s - app
>+ 1 = 8 = 6 = 4 = 4 = 9 = 9 =3 = 8 = 6 = 5
THE CRYPTO AND FOREST TRADE CURRENCY MARKET HAS BEEN GOOD NEWS LATELY, MANY PEOPLE IN IT ARE SEEKING A GREAT RETURN INVESTING TO SECURE MORE PROFIT AND ENSURE SUCCESS
I STARTED A MONTH AGO WITH THE HELP OF RAUL, JUST GOT MY 50K PROFIT
TO REACH RAUL
V!S!T HACKBYWORLD⓪COM
ORTXT+1
662
Not a single property I own loses money because I bought them at low prices. I profit a ton on my real estate even after all of the deductions, depreciation, Interest to the bank, travel, gas, you name it if I can I deduct it yet I still make over $100K with 2 properties
Love your energy mark
First time on your UA-cam and this is the best clip for real estate investor. Thank you!
new on your channel for the last few days love your site
Thank you. This was very informative and easy to understand.
great video! thank you so much for doing this! It helps enormously!
Danke fürs Zuschauen..
I want 20 of your books!!!💯
A great video loaded with key real estate tax and asset protection strategies!
Mark you are my HERO
Hey Mark, when you talk about becoming a real estate professional as say my spouse... if we are already tracking our write offs in our bucket and my wife becomes a real estate professional after say our third property can we then take the losses bucket that year when she becomes a real estate professional from prior? Thanks!
Thanks for the informative presentation.
Love all the info!!
Omg I love this Channel I want to say to all the folks here even if you were pay to get this information you can buy this information almost no one
Loved this video. Thank you for sharing all your wisdom, advice and strategies!!
Great information
Love everything you're saying
Thank you!
I'm new to all this but I love it.
Incredible, wish I found you a couple years ago!
This was amazing
Awesome and Awesome Plus!!!
Thank you for sharing
Thanks for watching!
Great strategy
@Mark J Kohler The ultimate strategy that you are missing out on is taking advantage of detaching your microphone from your desk.
So interesting! Thank you Mark.
Mark, you rock man!!!!
If I put my rental under an LLC, can the mortgage company call the loan due?
To the bucket it goes
awesome as always
You should get an umbrella policy to protect you from being sued. That will do a better job than the protection of an llc
100 write off to the estate,
Thank you thank you
Hi I am starting to get obsessed with ur shows but have fear starting out on some of ur info. I am a massage therpist and gig worker with door dash and rideshare. My husband gets base pay and tips and he does occasional gig work with apps. I heard u say something about scorp, k1 and w2 in another show.
We are near closing on new home and I work out of home. We own another home that my mom lives in and a 17 year old.
Can u please do a show for people like me please and let me no when it hits utube.
Yes Please create that dating site ☺️
Hi Mark, can you please do a video/webinar on ROBS (roll over as business start ups)?
Amazing information. I'm firing my CPA
Excellent information 👌
We own 6 homes 4 being rental properties 3 overseas and 3 in the US how do we set up a living trust ?
I am want a book.
Hi Mark, does the list of benefits for owning rentals apply to rental properties overseas as well?
you are the best I love your strategies
Hello I am from Texas
If I don’t have a W2 jobs, and I have a rental property that doesn’t have any mortgage anymore. Should I buy another rental and pay it off or should I take a mortgage on the new rental property? Thank you very much.
how can i find out when you will have the next live stream with Q&A? Is there a schedule so i can plan ahead of time to attend?
Wish I had guidance from you years ago
I am a Realtor married to a Dr in pharmacy lol 😂 he has boring job but stable as an agent my income is a unstable rollercoaster
I would be a loss cuz I got to set up a office and everything I got to start from the beginning I have people renting in my house.
I have alot of damaged
All 4 scenarios plus the bonus were excellent!! Has COP changed for Texas?
Hello Mark, one again great video, i wanted to ask you something. If you buy crypto let’s say 20k in Btc @ 15k and the goes up to 30k, if you sell the initial 20k and leave the rest in Btc. How would it work the capital gains if i just sold the same amount i invest? Thank you for the great info you provide!!!
still considered capital gain.The fact that you only sell a portion of what you bought doesn't make any difference. You still have to report how much you bought that portion and how much you sold that portion and deal with the tax consequences of that gain.
Can I just say I’m in love 🤣🤣❤️
Spouse #3... 😂 do one and add #3 in it... Morman's tax strat lolllll
Awesome!
Major art major design
What do you think of Cook Island's trusts?
If I'm an investor in real estate and I make taxable passive income I don't have to pay social security taxes on the income. But if I'm the same situation I become a real estate professional won't I have to start paying social security tax etc.
First time owner of rental property. What are the rite off for condo rental? I have W2, etc. Is it really a wise investment?
That's hilarious you said I can't be a plumber cuz I need a freaking plumber so bad right now
There may be a cap when writing off real estate loss against W2, dividends (non-business income) , it is the excess business loss rules. Be careful with this