Tax Lawyer Q&A: How To Legally Minimize Your Taxes

[@courtneyhill7504]

I found your channel a long time ago and just now came across it again. perfect timing. We want to make sure our business and personal are set up properly and we need to complete our trust❤

[@JulietHaas]

I am absolutely thrilled. I discovered your podcasts. I don’t know how it happened but here I am. I just scheduled a free 15 minute call with one of your new account coordinators and I have lots of work to do. Thank you so much for all of this incredible information I am looking forward to cleaning up my financial and business life and getting everything on the right track going forward. I can’t wait to speak with you.

[@gregorymowens1697]

I’m in an STR that is a 1031 exchange that is underperforming and I’m looking at selling and reinvesting in stocks. Is there a way to sell, invest in stocks or a fixed annuity without getting killed by CGT?

[@mkhcb007]

I believe the Lady Bird deed allows for Step-Up tax basis. May you please supply documentation to support your claim that it doesn't? Thanks in advance :)

[@elizabethg4942]

Fabulous question answer session - thank you 😊

[@zenbushishodan]

I need to know if i have a Reverse Mortgage and i still have a lot of equity left. How do i protect us in case of one of us passes away.

[@markwright5262]

What does your mortgage say? You would need to get a cma from a real estate agent, or just look at zilliw knowing it can be wrong by 15%+. Then talk to your mortgage owner and see what you have and what payoff currently is. There are plus and minus of reverse mortgages. Usually done because you don't have income, so your appreciation and equity pay it... If you are both on it, there is no concern if one dies... Only if you Need to move out. You usually have a time line to buy it out or sell after qualifying event or death.

[@Easyservice-x8q]

Your videos are always beautiful, you discussed very informative and accurate

[@Easyservice-x8q]

Thanks a lot for replying

[@rickprince3765]

as a tax attorney, do you take an oath to your client?

[@1611KJV]

I’d love to get a job at your firm. Are you hiring? Will be looking into training.

[@MattyB414]

Mark, the gentleman who won the 750k house... couldn't he immediately take a mortgage out on this property as if he bought it, not have to pay taxes on that, then take the mortgaged money and buy assets with it and in a year THEN sell the property with having to pay less taxes?

[@ArkansasCattleRancher]

I have lots of questions. We have a c corp, s corp and 3x LLC we also need at least 2 additional business entities be fore 1-1-2025. Who do I need to talk to?

[@patrickm444]

@@ArkansasCattleRancher a CPA, a financial advisor, and an attorney

[@ArkansasCattleRancher]

I would like to talk to someone from MJK company. Thanks for the advice.

[@cameron9643]

not these people

[@kamgangngong6120]

I have an LLC since 2021 that has never been operational, who can I talk to?

[@rickprince3765]

they call those throwaway entities llc , seems to me they don't keep track of those. If you don't do your taxes they assume you're out of business I guess but talk to one of those legal treasonous attorneys they'll give you the right answer or they'll set you up only if you have assets.