How can I have you do my business taxes? I tried searching you up on google but it has no number or website for clear value tax
@JesusRodriguez-ru3ui Жыл бұрын
@clearvaluetax9382
@MegaCyberleader Жыл бұрын
how would i use 160 acres in alaska "virgin land" that was granted to me to make money? got any ideas?
@Youngbl33zy Жыл бұрын
Step #1 straight to jail
@tinypanther332010 ай бұрын
How about abolish the irs already 😑
@CallMePreet Жыл бұрын
Thanks for this. I retired at 39 and live off of long-term capital gains only. I pay no taxes. Love it.
@SANJAY-un3pc Жыл бұрын
Stocks?
@MC-kl5mp Жыл бұрын
liar
@waterbug1135 Жыл бұрын
I retired 22 years ago at 45 and funded retirement by slow flipping houses. Working on house #4 now in Central Phoenix. Pretty cool I'm not even required to file tax forms and haven't in years. Because of low reportable income I get free healthcare, smartphone and recently home internet from Uncle Sam. Not paying taxes is cool but I've gotten about $75k worth of benefits from Uncle Same too so that's the cherry on top.
@waterbug1135 Жыл бұрын
@@MC-kl5mp Cool to not believe. I did it too so I guess I'm a liar too. I did it slow flipping houses, #2 in the video. It's not even hard to do. I started back before KZbin even existed. It's not rocket science. Retired 22 years ago at 45 doing this. Working on house #4, planning to sell 2025 and move to SE Asia. At that point I'll take SS probably at 70 and will have to go back to filing taxes again.
@MC-kl5mp Жыл бұрын
@@waterbug1135 liar
@alphabeta8403 Жыл бұрын
3:58 Tax free capital gains 6:00 Roth IRA 7:00 Depreciation tax write offs 9:20 Eliminate SS and Medicare taxes 11:35 States with 0 income tax
@fda-01524 Жыл бұрын
thanks for the key points man.
@diymike Жыл бұрын
Wow love this new format, the Text makes it so easy to follow along, thank you!
@clearvaluetax9382 Жыл бұрын
Thank you for that feedback and all the support Mike!
@ampm8210 Жыл бұрын
This youtube channel shouldbe thoroughly studied and analyzed in every school. Been watching fir 2+years.
@clearvaluetax9382 Жыл бұрын
Thank you for all the support ampm8210! I appreciate it so much!
@LocoCocoJorge Жыл бұрын
Brian, when you think it can't get any better, you're just getting better and better! Your honest take on economic issues, as well as foreign affairs ones, are absolutely first class! Happy New Year!
@saurabhabhishek5203 Жыл бұрын
This is KZbin gold. Crisp and informative as usual. Thank you!
@becraftcorey Жыл бұрын
you always bring so much value man. I greatly appreciate all your tax information that you are giving for free, you're killing it man.
@clearvaluetax9382 Жыл бұрын
It's my pleasure and I'm happy to share! Thank you for all the support becraftcorey!
@simon359 Жыл бұрын
You’ve definitely become one of my favorite channels! 🤙
@clearvaluetax9382 Жыл бұрын
Thank you Simon for all the support!
@jasons7070Ай бұрын
PPT (Personal Property Tax) is also common in a variety of locations in the US
@ricktheexplorer Жыл бұрын
My Father was an Accountant. He would be very proud of you.
@clearvaluetax9382 Жыл бұрын
Thank you for those kind words Rick. I appreciate the support so much!
@sevyusevs2008 Жыл бұрын
you're one of the no bullshit channels. Very cool, I would like to learn more about 529 Plans if you get the chance, thank you
@rosebloom2518 Жыл бұрын
Happy Tuesday day Brian!!! Have a splendid day! Happy New Year!🎉☀️🌺
@clearvaluetax9382 Жыл бұрын
Happy New Year Rose Bloom!
@yordanosmebrahtuАй бұрын
Wow, I wish I knew you two years ago! I was misinformed on capital gain on selling my home and the current one I just bought a year ago! I am learning a lot from all of your videos. God bless you for educating people like me.
@jonmoore907 Жыл бұрын
You can also use an HSA account like an IRA. There’s no penalty if you take money out when you’re 65 or older for any reason, but you’d have to pay taxes on any money not used for medical purposes.
@DIOROMME Жыл бұрын
Smart😉😉
@DavidYazdy-mz4qg Жыл бұрын
“This video is not for billionaires” Me: *checks pocket* “okay im good”
@utkbyuca89 Жыл бұрын
Thanks Brian for providing us with such valuable information !
@maverick_trail Жыл бұрын
I used to itemize my deductions and really cut down my tax obligation... that was until the IRS raised the standard deduction a few years ago and my deductions always come up just short now.
@larryjones9773 Жыл бұрын
You may be happy on 1/1/26.
@nakoma5 Жыл бұрын
@@HOLDXSTEEL On the other hand the Standard Deduction is helpfully high for those with low income and those who never itemized anyways which were most filers. So I agree, thank you Trump.
@drummr8 Жыл бұрын
I'm confused... Are you complaining that your taxes are easier to do now? And you're still getting the same deduction or better for less work
@jameskilrain382 ай бұрын
Yes,and that does not really encourage persons to donate to worthwhile causes,which is sad.
@yassinelam8269 Жыл бұрын
This is gold🔥please keep em coming. Thank you 🙏
@clearvaluetax9382 Жыл бұрын
Thank you for all the support yassinelam!
@fastrambo97 Жыл бұрын
Thanks for the info Brian! I'm studying for the CPA exam and everything you're saying is true and accurate and actually works! 💪
@clearvaluetax9382 Жыл бұрын
Best wishes on the CPA exam Fast Rambo! I'm rooting for you! Let me know how it goes!
@fastrambo97 Жыл бұрын
@@clearvaluetax9382 Thanks Brian! I appreciate it! I passed REG with an 87! So I'm moving on to BEC TCP next! I'll let you know when I pass everything though! 💪
@TenMinusNine Жыл бұрын
Quick and concise information that's direct and extremely informative. I love this channel.
@clearvaluetax9382 Жыл бұрын
I appreciate that and thank you for all the support!
@rocio8820 Жыл бұрын
Thank you for all your hard work and top notch information ! Saludos desde Utah .
@clearvaluetax9382 Жыл бұрын
Te deseo un feliz año nuevo Rocio!
@terriannwilson7882 Жыл бұрын
Happy New Year Brian! Thank you for all your hard work. It is appreciated.
@clearvaluetax9382 Жыл бұрын
Happy New Year Terriann!
@nealscott9666 Жыл бұрын
High-quality presentation! Thank you!
@clearvaluetax9382 Жыл бұрын
Thank you for the feedback and support Neal!
@chubbs5006 Жыл бұрын
thanks man, may have been the best 15 minutes I spent all year
@insidethebnb Жыл бұрын
We love you, Brian!
@clearvaluetax9382 Жыл бұрын
Thank you for all the love and support, I wish you a Happy New Year!
@craigt2003 Жыл бұрын
First time watching any of this guys vids and subscribed immediately after...i love how this guy explains the loopholes nice and clear and gives examples for each loophole (especially useful for idiots like me) lol
@ZergyNaggafin11 ай бұрын
That was really great information. Thanks for providing this! I always love keeping more of my own money. I believe I can spend it far better than the government ever could.
@dr.michaellittle56118 ай бұрын
Another one for any US citizen living abroad and earning income abroad is the FEIE, which excludes $126k per person working from federal income taxes.
@PP-wh1wy Жыл бұрын
Basically put the money where you can’t touch for few years to get rid of taxes. Gov is smart, trying to collect the cash flow in return they’re saying we don’t charge you on your own money.
@IBVazquez Жыл бұрын
Pure gold. Thank you!
@LM-px1eo Жыл бұрын
Very well put. Clear & to the point! 👏
@libertyblueskyes2564 Жыл бұрын
The best way to avoid taxes is to make no money
@irmay.2766 Жыл бұрын
This video is very interesting and helpful. I am going to investigate more about the ways to pay less taxes. Thank you so much.😊
@tonydouglas863 Жыл бұрын
Excellent information. Thanks so much ! 👍🏽
@clearvaluetax9382 Жыл бұрын
Thank you for all the support Tony!
@inmate0054 Жыл бұрын
How about pay no taxes if you make less than 150k
@clearvaluetax9382 Жыл бұрын
This video should help👍🏻
@Zahra_95-Abd Жыл бұрын
Exactly!
@bemusedlist9242 Жыл бұрын
Tax evasion exists bro just simply dont pay them i pay them and never get my fed back love that when i mess up its prison but when they mess up we cant show them gods wraith
@terosma Жыл бұрын
Max 401k, max HSA, make 3 kids being married and zero on income tax in non income tax state
@Pata1100 Жыл бұрын
Why less than $150,000 and not less than $60,000?
@siddkoshpp525 Жыл бұрын
This is one greatest video from you and with all good diagrams
@clearvaluetax9382 Жыл бұрын
Yes, I was excited to post this one because of the visual assistance.
@kaylathompson4096 Жыл бұрын
Great video and loved the format!
@clearvaluetax9382 Жыл бұрын
Thank you for the feedback and support Kayla!
@nomoreserfs Жыл бұрын
Thank you Brian! Taxation is theft and thank you so much for finding legal ways to avoid the extortion.
@eternalresolute8960 Жыл бұрын
Bro these visual illustrations are unreal!
@teedtad253410 ай бұрын
Great tips! .✅✅✅✅✅
@sidekick09 Жыл бұрын
Can you talk more about the new 8300 irs form? I’m confused about it and I really appreciate how you explain things. Thanks for the info
@kdefensemartialarts8097 Жыл бұрын
Thank you for your videos.
@clearvaluetax9382 Жыл бұрын
Thank you for all the support K Defense!
@revenant69107 ай бұрын
Crystal clear !Thanks
@Daniel-te9eo Жыл бұрын
Ty you're the best.
@ksad1010 ай бұрын
wow very interesting information explained very smoothly.. thank you, you are the best ❤
@kevincrosby19179 ай бұрын
Excellent! Thank you.
@labjujube Жыл бұрын
Can you please cover more details on the side hustle part? Thank you!
@TheOriginalDiscoPimp Жыл бұрын
Always appreciate your videos and info, brother. thank you.
@AL4E24 Жыл бұрын
Great info as as always👍
@clearvaluetax9382 Жыл бұрын
Thank you for that feedback and all the support FreeSoul! I appreciate it very much!
@AL4E24 Жыл бұрын
@@clearvaluetax9382 😄
@jonsmith9728 Жыл бұрын
happy new year Brian from a fellow Chicagoan, thanks for all the content (i noticed your close to that 2m sub mark too, keep going)
@clearvaluetax9382 Жыл бұрын
It’s been a warm winter here in Chicago!
@stevec9669 Жыл бұрын
You are surely an expert. 💯👍
@rolandorivera5469 Жыл бұрын
Love all the information thanks Brian
@clearvaluetax9382 Жыл бұрын
Thank you for all the support Rolando!
@bossmoss5301 Жыл бұрын
APPRECIATE THE KNOWLEDGE ❗❗❗
@shanalareina4320 Жыл бұрын
Happy New Year 2024, Brian! Hope itʻs a prosperous one for you. Stay healthy! 😎
@clearvaluetax9382 Жыл бұрын
Happy New Year La Reina!
@abejebelay893011 ай бұрын
Thank you for your valuable information. You are the best!!
@jrraven3230 Жыл бұрын
Thanks Brian 😊 😊
@77Joseph777 Жыл бұрын
😉 “legally” JK, appreciate all your advice that’s worth more than gold. Happy New Year 🎉
@clearvaluetax9382 Жыл бұрын
Happy New Year Joseph!
@qs-ec Жыл бұрын
My second scenario is very similar to the first one "You purchase the stocks but you do not sell them after the first year and in year two you find out you're getting a raise should you sell the stocks before you get your raise or will you still be disqualified because you will have to wait until the next year to file your taxes and at that point it will show that you're above the allowable income for the tax break." ❤ thank you in advance for your response 😊
@roseb9593 Жыл бұрын
Thank you so much for this information. You are clear, speak in lay terms and make complicated issues easier to understand. I am following you.
@dailypearls Жыл бұрын
Thank you! I like that you were straight to the point and I learned so much from this short video Great information!
@cherylk8781 Жыл бұрын
Thank you Brian.
@vdasbudget Жыл бұрын
Thank you Brian for this helpful information.
@clearvaluetax9382 Жыл бұрын
I appreciate the support! Thank you so much!
@stephenrogers4537 Жыл бұрын
HAPPY NEW YEAR, BROTHER !😮 BRIAN THE PODCAST🦁 LION (the Walter Cronkite of podcasts )🏆
@clearvaluetax9382 Жыл бұрын
Happy New Year Stephen!
@ignent2 Жыл бұрын
Awesome video! I didn’t know about some of these. Texas has no state income tax, but where they will get you is the property tax 😂
@DsObal Жыл бұрын
Property taxes have changed in Texas. 2023
@chrisk5271 Жыл бұрын
Florida represent!
@DsObal Жыл бұрын
Thank you for your very valuable information. I appreciate 🙏 you
@danielandrassy407 Жыл бұрын
Thanks for the video brother BK
@shan4078 Жыл бұрын
Very informative , thank you Brian
@clearvaluetax9382 Жыл бұрын
Thank you for all the support Shan!
@edwinrosales63229 ай бұрын
Great video, as always! Thank you!
@FutureLaugh Жыл бұрын
I love you brother, you are doing the lords work. thank you for your service
@onehitpick9758 Жыл бұрын
Some of those zero tax states have crazy power blackouts and massive charges for power when it's needed most. I don't think Tennessee is in this category, but please correct me if wrong.
@vic33parra Жыл бұрын
Thank you for this.
@arc.fito0 Жыл бұрын
Great video Brian!
@midiman5045 Жыл бұрын
Great Tips, Thanks as always for the info.
@hmchomes869111 ай бұрын
For your #2 case, To my knowledge, an update to the tax code applies to properties acquired after 2009. Specifically, the 121 exclusion shrinks according to how many years you rented out the property versus treating it as your primary residence. So in your example, you only have 40% of your profit tax free. Am I missing anything?
@gqarmani201010 ай бұрын
This is my understanding as well. Only 40% of the $250k exclusion is eligible (ie $100k of the gain is tax free). Seller will have to pay long term capital gains tax on the remaining $200k of the total gain. This video really should be corrected…
@PhilFamolaro Жыл бұрын
Great tax savings info. Thank you very much.
@MrSlm1982 Жыл бұрын
Thank you Brian!!!
@gaylebartlett4631 Жыл бұрын
SO GOOD!! Thank you!
@adammack5551 Жыл бұрын
Hello Brian Kim how are you doing today sir I'm good 😊, Happy 😊 new 🆕 year 🎊.
@clearvaluetax9382 Жыл бұрын
Happy New Year Adam!
@humblethunder Жыл бұрын
Thanks again Brain
@beastmode3600 Жыл бұрын
Happy new year Brian ! Let’s get some new money !
@clearvaluetax9382 Жыл бұрын
Happy New Year Beast Mode!
@kbabyblue Жыл бұрын
You are the best 🎉
@aibochan1764 Жыл бұрын
This is pure gold
@hellkat1738 Жыл бұрын
I would like to know if Trump is blowing smoke about removing Federal income Tax.
@Omer1996E.C5 ай бұрын
He is, probably. Cuz federal income tax is literally 45% of all federal tax revenues, so the government will go bankrupt if he did it. Probably, if he want to destroy the USA, he will
@melzdesign10 ай бұрын
This is gold financial planning!
@amanijohnmaberi111 Жыл бұрын
Greag video. Please kindly share the knowledge on the new crypto tax law that started Jan 1st of 10k and above dollars
@ingababy5196 Жыл бұрын
Very informative video Brian.
@TheBipin819 Жыл бұрын
Excellent as always 👌
@1982kuba01 Жыл бұрын
This is amazing info 🎉 .Thank you
@ReneeT33 Жыл бұрын
New Hampshire in the house! 😊 No income tax but our property taxes will make you cry! 😮👍
@a.colleenfray2138 Жыл бұрын
Thanks for the tips!!!❤
@Whydidyouusemyname7 ай бұрын
Income tax-less states have other costs that skyrocket. Look at Claremont NH and property tax. Houses are hella cheap, it you pay 2-3x tax.
@rifare4045 Жыл бұрын
Had to stop after 10 seconds. I’ll catch the next video!
@ryersongorman5237 Жыл бұрын
It is true, these states don’t have income taxes; but they have higher taxes in property taxes. Tennessee don’t have regular income taxes, but it does have capital gains taxes.
@rickrourke7199 Жыл бұрын
Brian great video, but in the depreciation write off. Please note that when you sell the property you have to pay tax on all that depreciation you wrote off. Patrick
@clearvaluetax9382 Жыл бұрын
Hi Patrick, that’s correct but that’s typically avoided with the like-kind exchange though.
@Nicki-Nic Жыл бұрын
Thank you so much!
@clearvaluetax9382 Жыл бұрын
Thank you for all the support Nicki!
@kevinl20082008 Жыл бұрын
Effective January 1, 2022, Washington now has new capital gains tax of 7% tax on an individual’s long-term capital gains. Thanks to Dems and Jay.