Tax Planning for your Rentals

[@joemjoza9803]

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!

[@financeyourfreedom_info]

That’s crazy we learn this as basic as an Enrolled Agent

[@josephshaneferguson6561]

ya we been lied to we are the creditors

[@xXxKingjonxXx]

Is what Mark is saying true?

[@xperiencesaecm]

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. ❤

[@ledoriagarrett8439]

Was dead asleep...heard this man voice and thought I'll just turn the KZbin 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.

[@blakebondurant7663]

This is the best shit on KZbin! 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

[@Melodystang]

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....

[@tonyroush8273]

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👍🏼

[@jesham7627]

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!

[@JondalartheZelendo]

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.

[@ronkeobaro1647]

Mark! You are amazing🙏 Thx for all the impactful teachings🙏

[@jennifersilletto179]

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

[@tonyroush8273]

THIS IS PURE GOLD!!!

[@hbpads]

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.

[@Verrilead]

Mark - you are our national treasure!

[@albxdotcom]

I love his enthusiasm and his great advice

[@btrflyjohnson3452]

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?

[@homebaseincome101]

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.

[@PìnnedbyStockMòe-v5l]

Danke fürs Zuschauen...

[@wst2516]

To shrink tax payments over the long run

[@pmstff700]

Thank you so much for putting this information out it was very helpful!

[@SinanDM]

Loved the option #4 Grand Finale!!! Awesome asset protection structure!

[@davidstalings1226]

This was great and applied directly to me. Kristy on your team has been great for me.

[@stillhere007]

Thank you guys so much for pushing out this education!!! It is helping my family keep our deck of cards in order!!!

[@MsSoms]

Just came across this and totally blew my mind!!

[@migueldana9561]

This is only getting better for me

[@mar-f7b]

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

[@mar-f7b]

I STARTED A MONTH AGO WITH THE HELP OF RAUL, JUST GOT MY 50K PROFIT

[@mar-f7b]

TO REACH RAUL

[@mar-f7b]

V!S!T HACKBYWORLD⓪COM

[@mar-f7b]

ORTXT+1

[@mar-f7b]

662

[@the23rdsubject]

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!

[@justchilling_.]

Glad I found your channel. Thanks for helping.

[@phillipphu5937]

Great topic . Thanks alot Mark

[@BlindtoBillionaire]

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

[@MarkJKohler]

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 KZbin. If you really need a consult, I am sure they will be able to help you!

[@colemant6845]

@@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

[@MarkJKohler]

@Coleman T here is the number for my firm: 888-801-0010

[@wendypitts7690]

@@colemant6845 yum I do uhhh IV bfEdiuuuuiiiu ant you to u you get ok k HGCuverw heuuu Ref GF TTS ygyy vGF C

[@a.whitneyshea7235]

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!

[@Triple-fe3fp]

Triple Trifecta got action...! You are the man with the plan!🏄‍♂️

[@KidCity1985]

I love this guy!

[@marysouch6669]

Thank You! Good stuff.

[@danielaubuchon5385]

Wow very impressive, and surprisingly for what would be a normally dry topic, very entertaining. Great job!

[@dremac8900]

From now on ima call you the "Rental God"🙌💪

[@iAmNormanJ]

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!

[@aryanasmith4426]

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.

[@martingainty9623]

Economic Opportunity Zone is the best advantage...stay put for 10 years and when you sell you keep ALL proceeds

[@dremac8900]

I want 20 of your books!!!💯

[@lorinal5544]

Thank you for sharing

[@MarkJKohler]

Thanks for watching!

[@renycabral6108]

Thank you!

[@adolfosalmeron5519]

Thank you thank you

[@LL-kn1de]

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 😁

[@oranuchchatsrinopakun1829]

First time on your KZbin and this is the best clip for real estate investor. Thank you!

[@aftech7268]

We own 6 homes 4 being rental properties 3 overseas and 3 in the US how do we set up a living trust ?

[@estevanfinance8488]

Mark you are my HERO

[@AlternativeHomesteading]

Thank you. This was very informative and easy to understand.

[@rd1ops1]

To the bucket it goes

[@williamsronnie8282]

Love your energy mark

[@mike2959]

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.

[@harrylove]

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!

[@candecarro]

I see the good reasons WHY to have a Revokable Trust. But the HOW has never been explained to me.

[@AlexSanchez2254]

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.

[@normalauder3119]

Awesome and Awesome Plus!!!

[@mbshawaii]

Incredible, wish I found you a couple years ago!

[@shamroonkhan1327]

Great information

[@LC-gu2sc]

Thx you, you filled in many holes. Question, my attorney placed my house in the trust but did not place the rentals in the trust. It was designed to flow there upon death/ incapacity. Would you recommend this?

[@ambrosewanjala8843]

Great strategy

[@Zest4life890]

Wish I had guidance from you years ago

[@2videosilike]

great video! thank you so much for doing this! It helps enormously!

[@PìnnedbyStockMòe-v5l]

Danke fürs Zuschauen..

[@chrissteiger1392]

Thanks for the informative presentation.

[@MattyB414]

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!

[@sarryibrahim4241]

Hi Mark, can you please do a video/webinar on ROBS (roll over as business start ups)?

[@lele2216]

I'm new to all this but I love it.

[@augustaphilando1964]

new on your channel for the last few days love your site

[@Zest4life890]

Love everything you're saying

[@d.s.5807]

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

[@somochi3736]

So informative, not boring at all even the video is long. I want you to set me up.

[@PìnnedbyStockMòe-v5l]

Thanks for your feedback,for more guidance and investments........ What- s - app >+ 1 = 8 = 6 = 4 = 4 = 9 = 9 =3 = 8 = 6 = 5

[@danielbrown8777]

I have a lot of watching to do. Thank you so much for your time. For people like me.

[@logicalfinance9649]

Sure

[@rickgaffey2575]

You're awesome man. This was a great video. Learned a lot. Thanks for making it.

[@LeeG260]

All 4 scenarios plus the bonus were excellent!! Has COP changed for Texas?

[@ScottJLetourneau]

A great video loaded with key real estate tax and asset protection strategies!

[@alenaduberealtor9508]

Amazing information. I'm firing my CPA

[@georgesaid1695]

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.

[@joboo7112]

I am want a book.

[@darrenmajor4811]

Major art major design

[@rumplemcfrankenberg]

What do you think of Cook Island's trusts?

[@ruchikadias]

Loved this video. Thank you for sharing all your wisdom, advice and strategies!!

[@coraagatep3262]

First time owner of rental property. What are the rite off for condo rental? I have W2, etc. Is it really a wise investment?

[@migueldana9561]

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

[@bonniej0]

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

[@oscarnavarro4065]

Mark, you rock man!!!! If I put my rental under an LLC, can the mortgage company call the loan due?

[@21stcenturymuse27]

This was amazing

[@zonk1477]

What is this Section 408 (M)(3) loophole? I keep getting ads on your videos about it, can you do a video on it?

[@prathimadeshpande]

Hello I am from Texas

[@khpf881]

Hi Mark, does the list of benefits for owning rentals apply to rental properties overseas as well?

[@priscillaseigler6434]

Excellent information 👌

[@EVATUBE1]

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?

[@yvetteepstein1002]

awesome as always

[@andreasnook4247]

Love all the info!!

[@KimikoMaui]

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.

[@rd1ops1]

I’ll take it

[@RandomOccasionally]

Do you refer or suggest to invest money with other group? I don’t have enough money to buy any real state by my own! Thank you for respond 🙏🏼

[@fmrp66]

Why can't you write off a water heater using the less than $2500 rule. IRS De Minimis Rule.

[@youmayberight2434]

He said it was labeled an "improvement". I was wondering similar thing. I wanted to label it in supplies and materials but having second thoughts now! I'm going strictly on cash basis profit and loss.

[@fmrp66]

@@youmayberight2434 we write it off 100% the year we buy it using the $2500 rule.

[@need2retire543]

I like to hook up with one of your people on tax planning and asset protection. Not sure who to talk to .. CPA or a tax lawyer? Or they're the same. Recommend someone in OC California.

[@CRpatriot]

Yes Please create that dating site ☺️

[@lisaheck5554]

Where & how would I set up a revocable trust.

[@kpeachey007]

Yes if you live in the rental

[@kpeachey007]

Good discussion

[@kpeachey007]

To avoid self employment tax

[@cherieswindell3373]

So interesting! Thank you Mark.

[@cbbcbb6803]

So, if your primary occupation is not real-estate, then what?

[@barrellcooper6490]

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.

[@stevelin1485]

Great share with your knowledge. Will it be too late to setup Copes at Wyoming for California LLC. Please advise.

[@trskbetter]

What about Florida and Ct no give you protection?? Having LLC