Passive Income RANT: The Truth

Ойын-сауық

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Пікірлер: 411

  • @michaelfordham3968
    @michaelfordham39682 жыл бұрын

    WHO SHOULD I THANK IF NOT FOR RAUL THAT FIXED MY CREDIT, I WAS SO SAD AND UNHAPPY HAVING 430 FEW WEEKS BUT I'M PROUD TO HAVE 810 TODAY THANKS

  • @michaelfordham3968

    @michaelfordham3968

    2 жыл бұрын

    TO REACH RAUL

  • @michaelfordham3968

    @michaelfordham3968

    2 жыл бұрын

    V!S!T HACKBYWORLD⓪COM

  • @michaelfordham3968

    @michaelfordham3968

    2 жыл бұрын

    ORTXT+1

  • @michaelfordham3968

    @michaelfordham3968

    2 жыл бұрын

    662

  • @michaelfordham3968

    @michaelfordham3968

    2 жыл бұрын

    314

  • @davidsisk9013
    @davidsisk90133 жыл бұрын

    Mr.Kohler ,Thank You for helping thousands of families,your kids are so lucky to have the most knowledgeable dad in the world,you are doing so much to help others and we love you sir,God bless you and yours...

  • @ogad84
    @ogad842 жыл бұрын

    The system is built into a trap. What they are doing should be illegal! I bet they taken so many of hard earned dollars from small business just because they weren't able to hire actually a good accountant. How do you even know which accountant is good?

  • @KLeeMr
    @KLeeMr3 жыл бұрын

    Mark Kohler is what you'd get if Dave Ramsey and Robin Williams had a love child. I love this guy.

  • @MrErspamer

    @MrErspamer

    3 жыл бұрын

    Hex

  • @moviehipster

    @moviehipster

    2 жыл бұрын

    You know who wrote this! The talking clown himself His alter ego thinks he's that great. Not

  • @aarongaffney725

    @aarongaffney725

    2 жыл бұрын

    🤣🤣🤣💯🤙🏻 I see it

  • @JuanTorres-lw1mv

    @JuanTorres-lw1mv

    10 ай бұрын

    😊

  • @melissasolares3054
    @melissasolares30542 жыл бұрын

    Mark is the only person IN THE WORLD that can make this not just interesting but entertaining. I am trying to get all my friends and family to get a personal/family trust 😂.

  • @RumbleOnTheTube
    @RumbleOnTheTube2 жыл бұрын

    You guys make taxes cool. I just want to say thank you and great job. I look forward to working with you all in the future. Keep being you Mark!

  • @lindseym6534

    @lindseym6534

    2 жыл бұрын

    They really do!

  • @donhemmerlin
    @donhemmerlin2 жыл бұрын

    After hearing all this , I feel like throwing up. I am sick and tired of the suppression by our government.

  • @Daniel-hs7zn
    @Daniel-hs7zn3 жыл бұрын

    Love this stuff you and your team put together, thank you!

  • @l.a1712
    @l.a17122 жыл бұрын

    lol, i love the "this is how you launder money joke"

  • @eddie5198
    @eddie51983 жыл бұрын

    Love the tax saving approach. Who wants to pay more for less; or especially to a government that wants to send our hard earned money to countries that hate the USA.

  • @whysoseriousiamnot9772

    @whysoseriousiamnot9772

    3 жыл бұрын

    That’s because your gouvernement hates you

  • @CodellMusic
    @CodellMusic2 жыл бұрын

    Thank you Mark, I have learned so much from you, and continue to learn a lot from you, I will be reaching out to you and your people very soon! I have a trillion dollar business waiting to launch, and you and your people are who I have been looking for, cheers brother

  • @agentsancho3493
    @agentsancho34932 жыл бұрын

    If you're in your early 20's while listening/watching this... I applaud you. 👏🏽

  • @Driving4bangers

    @Driving4bangers

    Жыл бұрын

    I’m 6

  • @martinsriggs2441
    @martinsriggs24412 жыл бұрын

    Speaking of investment and passive income I will go for crypto currency

  • @lynnkoeffler8326

    @lynnkoeffler8326

    2 жыл бұрын

    The cryptocurrencies is one of the best investments that can be made and generate wealth for your future.

  • @susanbaxtron8422

    @susanbaxtron8422

    2 жыл бұрын

    wow i'm surprised someone mentioned and recommended the expert Mr. Larry Kent Nick, Mr. Kent is the best ... he is the plug.

  • @fosterwhales1027

    @fosterwhales1027

    2 жыл бұрын

    I have this little interest in bitcoin, maybe I will give it a try. I could use that experience, but I will need more information about his services.

  • @charleyluckey2232

    @charleyluckey2232

    2 жыл бұрын

    @@fosterwhales1027 Larrykent_nick_trading @ I.n.s.t.a.g.r.a.m

  • @qwerty_artist

    @qwerty_artist

    2 жыл бұрын

    This is a SCAM comment thread. The accounts are bots controlling old compromised profiles, or people copy pasting a script. If the video poster sees this, pls delete this thread.

  • @LinacaroDesign
    @LinacaroDesign3 жыл бұрын

    Thanks for the videos

  • @pchchunjea
    @pchchunjea2 жыл бұрын

    This is amazing quality education. Eye opening. Thank you Mark

  • @jenniferasalcedo
    @jenniferasalcedo3 жыл бұрын

    Mark you are awesome for teaching this! Thank you

  • @williamkreth
    @williamkreth2 жыл бұрын

    This was amazing thank you!

  • @therealdeal1012
    @therealdeal10122 жыл бұрын

    Mark you are so Entertaining as you explain these subjects. Comedy "TaxLaw" Central! I've been looking for someone who can explain taxes in a very non-boring way and you nailed it and then some. I will be sharing your video's with my team for future business.

  • @fireguyxrp1129
    @fireguyxrp11292 жыл бұрын

    Great content!

  • @gregconnley1439
    @gregconnley14393 жыл бұрын

    Thank you Mark for your Knowledge and help.

  • @powersonic6255
    @powersonic62553 жыл бұрын

    You are F@#%KK1Ng Awesome, this is why I purchased your Audiobook and also your paperback copy just to support you .

  • @carmenrojas4469
    @carmenrojas44692 жыл бұрын

    You are incredibly smart love it I’m learning so much 🙏🏼👏🏼🙏🏼👏🏼🙏🏼👏🏼🙏🏼

  • @macummings7818
    @macummings78182 жыл бұрын

    Thank you Mark! 🥰🥰

  • @75andbreezy89
    @75andbreezy892 жыл бұрын

    Fantastic information Mark. Many thanks.

  • @marier1127
    @marier11273 жыл бұрын

    I love you Mark you gave so much gold information

  • @waschell1
    @waschell13 жыл бұрын

    only 20 minutes in and my mind is blown! great info on the self-employment tax on passive income and what is taxed vs what is not...

  • @HuongPham-xl3rf

    @HuongPham-xl3rf

    3 жыл бұрын

    My friend just took $300000 from 401k to buy her rental home 3wks ago. They took $75000 in tax. Can she able to reverse call individual investments so she can save tax pay now

  • @TheNurseArtist
    @TheNurseArtist10 ай бұрын

    Mark's smile when he does the washed it spin cycle with his arms made my day. So good, I had to go back twice. Carry on, Sir.

  • @gembcly5148
    @gembcly51482 жыл бұрын

    You're my real life teacher. Thank you so much

  • @lovellaugustin488
    @lovellaugustin4882 жыл бұрын

    you are officially my favorite person in the world, I just started in Bitcoin this week and I'm up high 5 digits I need to know how to play the tax game, don't want any issues with the IRS

  • @electronicplus8165
    @electronicplus81652 жыл бұрын

    Thank you for so much info Mark!

  • @joeoconnor5659
    @joeoconnor56593 жыл бұрын

    Mark is dropping all the secrets. He should be careful around boats, small planes and hot tubs

  • @hango8526
    @hango85262 жыл бұрын

    Very nice topic . Thanks for your dedicated on educational KZread teaching. God blessed

  • @DS-ku1il
    @DS-ku1il2 жыл бұрын

    Subbed!!!

  • @seventy7dayz
    @seventy7dayz3 жыл бұрын

    I know this will get lost in the sauce, but I absolutely love you guys!!!!!!!

  • @cryptoconsultant9681
    @cryptoconsultant96813 жыл бұрын

    You and your team are absolutely brilliant. I'm going to have to reach out and see if you guys work with expats

  • @ronaldgonzalez5073
    @ronaldgonzalez50732 жыл бұрын

    Thanks you

  • @Cardroid
    @Cardroid3 жыл бұрын

    Such great information thank you!

  • @BryanrasonCa
    @BryanrasonCa2 жыл бұрын

    Great show. Thank you for the education. I’m listening to you while working on one of my e-commerce business

  • @elvisortegaortega3860
    @elvisortegaortega38602 жыл бұрын

    You my friend are one of the kind love your videos your information has guide me and motivated me to do things right 👌👏🤝🤝🤝🤝🤝🤝🤝🤝🤝🤝🤝🤝🤝🤝🤝

  • @tpaw6908
    @tpaw69082 жыл бұрын

    You are a god send thank you

  • @silvialugones3215
    @silvialugones3215 Жыл бұрын

    Thanks Mark for sharing your knowledge 👍.

  • @godgunscrypto7640
    @godgunscrypto76402 жыл бұрын

    You truly are the only channel that provides this TRUE and VALUABLE information for no cost!!!

  • @RedHotMother
    @RedHotMother2 жыл бұрын

    Excellent content! I worked for an Atty with an LLM through law school, but that’s been 5+ years ago. Meanwhile, this year I inherited some money, to which I have started a small online business, all while trading cryptocurrency. I’m speechless! This is EXACTLY what I needed to re-channel a taxable mindset. I’ve listened three consecutive times, however I expect to review this gem as long as you and your team continue slinging these seriously brilliant nuances. My goodness! Thank you so much! Are y’all taking new clients? Do you require new clients to be counseled by your associates a whole tax year before taking on everything? Or are y’all available for consulting by the hour, to review P&L / balance sheets once 4th qtr bookkeeping is reconciled? I know when my son starts school next week, my first order of business will be filing articles with the SOS to incorporate an LLC.

  • @sherrygorman9083
    @sherrygorman90832 жыл бұрын

    Mark...YOU ARE AMAZING!!! THIS INFORMATION IS INVALUABLE!! THANK YOU SO VERY MUCH!!!

  • @granthamproperties2006
    @granthamproperties20062 жыл бұрын

    Favorite message

  • @micon9460
    @micon94603 жыл бұрын

    Thanks for doing your solo gig. That matt dude brings you down

  • @carloscollado7400
    @carloscollado74002 жыл бұрын

    You guys are awesome!! Question: In this video , you mention the option of selling stocks to harvest losses and suggested possibly rebuying the stocks, but wouldn't that be in conflict with the 'wash-sale' rule?

  • @AirbnbRentalEmpire
    @AirbnbRentalEmpire2 жыл бұрын

    Awesome info!

  • @wespurcell3217
    @wespurcell3217 Жыл бұрын

    i am calling the pheonix office this AM! your the best Mark

  • @TerranceWilsonSetepenra
    @TerranceWilsonSetepenra2 жыл бұрын

    This is great info!!!!!

  • @tazluvsbit590
    @tazluvsbit59011 ай бұрын

    Loved the rant !!!! ❤❤

  • @AndreaStockert
    @AndreaStockert3 жыл бұрын

    You are LEGEND.

  • @OrSivan
    @OrSivan2 жыл бұрын

    Love your channel. high quality content. You know your sh1t. Thank you sir

  • @bryongreen1614
    @bryongreen1614 Жыл бұрын

    i like your books

  • @andreawisner7358
    @andreawisner73582 жыл бұрын

    This is a really good one. 👍

  • @cmichael2967
    @cmichael29672 жыл бұрын

    I don't know why: BUT I LOVE THIS MAN! You are one awesome dude!

  • @JS-wl3gi
    @JS-wl3gi3 жыл бұрын

    Good points.

  • @jorgecabrera3315
    @jorgecabrera3315 Жыл бұрын

    This was amazing!! Thank you so much

  • @MarkJKohler

    @MarkJKohler

    Жыл бұрын

    Thank YOU for watching!!

  • @mr.singer7932
    @mr.singer79323 жыл бұрын

    “Great Stuff”!

  • @kimjay2697
    @kimjay26972 жыл бұрын

    Great info! Q: Do I need to set all this up BEFORE I even start my endeavors or can I make an S-Corp at any time during? TY

  • @Dougster123
    @Dougster1233 жыл бұрын

    LOL - I'm yelling at the screen saying "Ctrypto staking ... Land flipping ... Ad rev ... ALL NOT PASSIVE". How/why anyone would think that it is ... surprising. Great topic.

  • @Ferdinand208

    @Ferdinand208

    2 жыл бұрын

    He is having a stroke! Someone get him help.

  • @0505Yana
    @0505Yana3 жыл бұрын

    Thank you!! Amazing information, and everything makes sense! Thank you so much!!

  • @missme965
    @missme9653 жыл бұрын

    I need that book!!!

  • @sac856
    @sac8563 жыл бұрын

    Always top notch

  • @sac856

    @sac856

    3 жыл бұрын

    Note: Your tech guys are letting you down.. You give so much...watch the video back

  • @lagmanson
    @lagmanson2 жыл бұрын

    I am retired but still have an Rental equipment S-Corp. I use the management services of another company which I also own with other share holders to run and operate my Rental S-Corp. I don’t take any w2, but take disbursements from the S-Corp as K1 disbursements. is this correct?

  • @RockTalkFM
    @RockTalkFM2 жыл бұрын

    Hi, Can you help people from all over the US or just where your business is licensed?

  • @TimOthy222
    @TimOthy2223 жыл бұрын

    Appreciate your videos. Thanks for all of your help. You guys are hired 💯

  • @valdanowill
    @valdanowill3 жыл бұрын

    So what is the Canadian equivalent for the Scorp? I have an incorporation. Is it the same?

  • @dittodelphox9939
    @dittodelphox99393 жыл бұрын

    I’d love a video on Revokable Living Trust. Thanks so much for the amazing content, Mark!!

  • @MarkJKohler

    @MarkJKohler

    3 жыл бұрын

    I did one actually! Here is the link: kzread.info/dash/bejne/n2hnpMWBetq5pJM.html

  • @DonaldDWilliams

    @DonaldDWilliams

    3 жыл бұрын

    @@MarkJKohler What about just a living trust?

  • @DavidSummerly
    @DavidSummerly2 жыл бұрын

    3 mins in, killer opening! 👏🏽

  • @scottsissom4882
    @scottsissom48823 жыл бұрын

    Yea!

  • @JustAnotherJarhead
    @JustAnotherJarhead2 жыл бұрын

    @Mark Question on VETERAN property tax exclusion: In CA Disabled Veteran Prop. Tax can be a large exclusion $200K+ , Do I still keep the exclusion if the Trust owns the property? What about if my LLC owns the property?

  • @JT_Dudeman4250
    @JT_Dudeman42503 жыл бұрын

    Dividends are the true passive income here, all of the others are less than passive and all of the others require some form of work where as dividend stocks require you to only buy a stock and wait.

  • @KingPriyom

    @KingPriyom

    2 жыл бұрын

    there's more return in passive in crypto for less $ invested than dividend stonks

  • @kavishmehta5350
    @kavishmehta53502 жыл бұрын

    Need more hot love webinar!!! Loved this!

  • @edgray9151
    @edgray91513 жыл бұрын

    Just found you. Thanks

  • @JBAY0129
    @JBAY01293 жыл бұрын

    Why don’t these videos have more likes!? Awesome information!

  • @johnnydeep1599

    @johnnydeep1599

    3 жыл бұрын

    Because most people are broke..last thing they're worried about is taxes.

  • @JBAY0129

    @JBAY0129

    3 жыл бұрын

    @@johnnydeep1599 true but this video had about 7.5 thousand views and only 500-600 likes. If you watched the video and like the content LIKE the video!

  • @taco-vato
    @taco-vato3 жыл бұрын

    Best channel ever

  • @cryptographerchris4856
    @cryptographerchris48562 жыл бұрын

    Thanks for ranting. This was awesome.

  • @Applepie409
    @Applepie4092 жыл бұрын

    Wished there was a similar video for the U.K.-great KZread video.

  • @rwbaumg
    @rwbaumg2 жыл бұрын

    Thank you so much for providing such valuable information, for free, and answering real questions from real people. As someone who's just started doing taxes on my crypto holdings (going ten years back and including thousands of trades) I've found myself desperate for guidance and good advice for minimizing CGT. I've used aggressive loss harvesting, to seemingly great effect (according to various online tax calculators), and yet you are the first qualified KZreadr I've heard talk about it. Regardless I will likely be facing a significant tax burden as a result of not educating myself on these things sooner; my high-priced CPA firm seems all but clueless when it comes to cryptocurrency. I think your examples and explanations are absolutely great! I really just want to say THANK YOU for helping me to understand all the things I wish I'd known sooner! You've earned my subscription and don't be surprised if you see me asking you questions directly in the near future.

  • @dasfahrer8187
    @dasfahrer81872 жыл бұрын

    Hmm, so if I'm flipping and renting, I'm guessing I need to separate those two activities and put the flipping in an S-Corp LLC, or does flipping not qualify for any passive income (both in OK)?

  • @sheriwalters9797
    @sheriwalters97972 жыл бұрын

    Mark, is mining crypto a taxable event, not just buy, sell, exchange? Loved your video.

  • @dupersuper1000
    @dupersuper10003 жыл бұрын

    When you take a W2 salary + a draw from your s-corp, how do you determine the ratio allocated to each? And are there any drawbacks of minimizing your salary to reduce the tax burden?

  • @mikebarnes2294

    @mikebarnes2294

    3 жыл бұрын

    One drawback of salary minimization is that you cannot contribute as much to tax-advantaged retirement accounts with a lower W-2 salary. (My understanding is that it still makes sense in most cases despite this).

  • @youngceocrypto6614
    @youngceocrypto66142 жыл бұрын

    Can I send my personal crypto to my business as a start up cost / use for business purchases then use deduction to lower my tax burden to avoid personal capital gain tax?

  • @jeremyconrad9183
    @jeremyconrad91832 жыл бұрын

    when you put youtube and fix and flip on the left I was like this seems like it's not passive. probably for a different reason. but to me you actually have to be doing work for those to make money. where the other side is kinda like put money there and get more money out.

  • @manonthemoon9o9
    @manonthemoon9o92 жыл бұрын

    Love it, need to set something up for my crypto investments

  • @ryanmehus9571
    @ryanmehus95712 жыл бұрын

    2 Questions; 1. At what net worth should someone start to consider this strategy? 2. If I hold stocks that issue a K1 in the same brokerage account as ordinary dividend does that pose any issues being in the same LLC?

  • @wielandsmith
    @wielandsmith3 жыл бұрын

    Thanks, Mark, for all the great info.

  • @kylespeaks7401
    @kylespeaks74013 жыл бұрын

    Do I need to set up the trust before I start making money in my s corp? Can the s corp just be added to the trust a later date with minimal pain?

  • @yellomate-tv2pc
    @yellomate-tv2pc3 жыл бұрын

    I will die on this hill...staking is interest income not subject to self employment.

  • @graphicdesignandwebsolutio365
    @graphicdesignandwebsolutio3653 жыл бұрын

    To my overstanding, as for crypto mining, if it's decentralized crypto, like Bitcoin, can't be taxed until you cash it out, because it's not in there jurisdiction to tax... They can only tax the portion that intertwines with a state currency...

  • @shirleyhsieh8078

    @shirleyhsieh8078

    3 жыл бұрын

    Thank ibon bjo bjthank ol lnonl. L. L m m. My l l l l m be on l l. L. M l l. L m l. M l l l. L. L l l l. L l l l l l l l

  • @Trip6Flicks
    @Trip6Flicks3 жыл бұрын

    Wow amazing information I need help I have a LLc and nonprofit Corp right now

  • @donnywalker5591
    @donnywalker55913 жыл бұрын

    Great show...FYI, putting audio gates on each mic will stop all those audio drops. The engineer will have an easier time trying to follow each speaker and we the audience will love the show even more.

  • @mannypatel9090
    @mannypatel90902 жыл бұрын

    The s corp llc can this work for an investing llc to help with short/long gains to save tax overall?

  • @S.A.1
    @S.A.12 жыл бұрын

    Mark, if I have a software consulting business (S Corp), can I put in my stock trading income in that same S Corp? I thought IRS did not like having multiple businesses (different SIC code) under one S Corp. I am specifically referring to what you said about various 1099s from different activities going in to same S Corp. very new to all this and trying to understand from your helpful videos. Please advise! Thanks!

  • @SSGCypherPunk
    @SSGCypherPunk3 жыл бұрын

    Just started a LLC for my Asset holdings and trades. Should I start a S-corp next?

  • @captainamerica3531
    @captainamerica35313 жыл бұрын

    Awesome

  • @annieslat9214
    @annieslat9214 Жыл бұрын

    Thanks mark im broke but love the insight Sadi since I was 47 havnt filed taxes for 8 yrs I'm living on crap income how the hell do I pay taxes on nothing don't even make enough to live

  • @MrThevillababe
    @MrThevillababe2 жыл бұрын

    Would I be wrong in thinking that the percentage amount you assign to salary inside a S corp is equal to the average or mean income for that particular profession?

  • @annieslat9214
    @annieslat9214 Жыл бұрын

    Is a on line bank like chime safer than the big commercial banks if the grid goes down or the have bail ins????