Want a $1,000,000 TAX FREE? Do This...

[@Lemariecooper]

Recently bought some recommended stocks and now they are just penny stocks. There seems to be more negative portfolios in the last 3rd half of 2023 with markets tumbling, soaring inflation, and banks going out of business. My concern is how can the rapid interest-rate hike be of favor to a value investor, or is it better avoiding stocks for a while?

[@jessicasquire]

Just ''buy the dip'' man. In the long term it will payoff. High interest rates usually mean lower stock prices, however investors should be cautious of the bull run, its best you connect with a well-qualified adviser to meet your growth goals and avoid blunder.

[@Erikkurilla01]

The truth is that this is really not as difficult as many people presume it to be. It requires a certain level of diligence, no doubt, which is something ordinary investors lack, and so a financial advisor often comes in very handy. My friend just pulled in more than $84k last month alone from his investment with his advisor. That is how people are able to make such huge profits in the market.

[@Erikkurilla01]

I've experimented with a few over the past years, but I've stuck with ‘’Nicole Anastasia Plumlee” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.

[@JosephineGaule]

Fortunately, I had a college economics teacher that taught me a lesson at 18. That lesson was: for every huge, frivoluos purchase you make, you need to have an investment double it's worth, this doesn't necessarily mean you should always invest when you make a purchase, it simply means living within your means. Varied sources of income is wise and especially like i said, living within your means. Whenever you're about to make a huge, dumb purchase that doesn't add value think about taxes and how you get your income. I made $272k combined net last year and paid no Federal taxes.

[@tylerforeman667]

Right there with you. I'm retiring early, no debt. Kids are taken care of. Building my dream home on 11 acres, looking over the river valley. there are loads of ways to make a killing right now, but such high-volume near impeccable trades can only be carried out by real-time experts

[@JosephineGaule]

@@tylerforeman667 Inflation is over 10% here in the US, but as we know it's definitely way more than the Government would like to admit. My plan is to earn more passive income and ride this out, can your Investment-adviser assist?

[@tylerforeman667]

@JosephineGaule Sure, the Investment advisor that guides me is “Olivia Rene Reyes” and she's renowned and has quite a following. So it shouldn't be a hassle finding her. Just look her up.

[@ParishBlein]

Olivia really seems to know her stuff. I found her website, read through her resume, educational background, qualifications and it was really impressive. She is a fiduciary who will act in my best interest. So, I booked a session with her

[@Lee-fi4vo]

NOBODY CARES about your fictitious financial transactions.

[@benjamindavidson22]

The utilization of after-tax money and tax-free growth makes opening a Roth IRA very advantageous. Through a careful guidance of my FA, I did not pay taxes on my withdrawals of $2.86 million when I retired.

[@JordanPortales]

I don't regret the numerous financial mistakes I've made in the past since I've learnt from them. But the biggest one was planning my finances without consulting with a licensed financial counsel.

[@carolpaige2]

Indeed, I did make use of a financial counselor. As I get closer to retirement, their advice has been really helpful. I thought compound interest on index funds wouldn't be sufficient because I started late. It's amusing how I've done better than colleagues who have more years of investment experience. I've profited more than $886k tax free.

[@Johnlarry12]

Please who is the consultant that assists you with your investment and if you don't mind, how do I get in touch with them?

[@carolpaige2]

‘Natalie Lynn Fisk is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.

[@Johnlarry12]

I just looked up her name and her website popped up immediately, interesting stuff so far, about to schedule a session with her.

[@justmontina]

I’m glad I watched this. I thought there were income limits for a ROTH IRA. I was a divorcee and married my current husband at 43 (he’s over 50) and he insisted I take the $1700 I was paying for rent and invest it. This is helpful.

[@JohnnyB-my2oz]

But than you have no money to pY your rent. Alot of these videos is alot easier said than done. Coming from Toronto Canada a household with 2 incomes making 70k/ a year that's 140 this is just an example . And maybe 1 kid at the end of the month they have NOTHING left to invest . I hear about it all the time on the radio on reddit . People are just struggling so badly and just getting by. So if your working full time and have zero money left at the end of the month. How do u start investing . Maybe if you win the lottery or a small prize of $2000 you could start investing with that. But their are some people that don't stand a chance and it's just reality

[@niranjanreddy6360]

There still are income limits for Roth IRA. 153k for singles and 228k for family. But there's backdoor roth after that.

[@cryptolord1994]

Dm on WhatsApp, legit platform to make investment with 5% daily returns ❤

[@hopebeary3497]

I've been fed the wrong information for years (grrrrr)!!!

[@justmontina]

@@niranjanreddy6360 we’re fully funded for retirement and I recently read, “Die with Zero” and we’re done saving and now spending.

[@bernadofelix]

The United States as we know it is no more. All signs point to 2023 being a year of significant economic hardship for the entire nation. Put your cash to use straight away to increase its value. I was aware that I needed to invest. I had no idea how quickly a few thousand dollars a month would go up. Though it is. Since 2020, I've made about $600,000.

[@hersdera]

Fiduciary counselors have access to exclusive information and data sources that aren't available to the broader public. By heeding the guidance of my fiduciary counselor, "Margaret Johnson Arndt," I managed to generate earnings exceeding $820,000 during the third and fourth quarters of 2022. I have high expectations for continued success.

[@hersdera]

I receive guidance from coach Margaret Johnson Arndt who possesses extensive financial market experience. While others may prefer different approaches, her strategy has proven successful for me, as evidenced by my results. Specifically, she offers valuable insight on entry and exit points for the securities that I concentrate on.

[@SandraDave.]

I am grateful for your assistance. My finances have been in disarray, and I have experienced multiple losses in my 401k, IRA, and mutual funds. I hope that Margaret can provide me with the guidance needed to rectify the situation before it reaches a critical point.

[@JC-Finance]

Roth IRA income limitation is $144,000/year single and $217,000 married. You can only contribute to a Roth 401K if your employer offers it. What happens when the real estate prices decline, tenants leave, interest rates rise, property taxes, maintenance, management, insurance etc..? You’re not painting the whole picture.

[@ItsMe_TheVoiceOfReason]

Thx for this Mark! Especially the outro, it just made a difference

[@vandrex]

Hmmn , ROTH IRA I just bought my second family house 3 months ago. I am in my early forties and my wife is 38 years old. We're both living well and have a net worth of over $1.4M in assets and savings with zero debts. At this stage, we're living smart and frugal with spending. It wasn't always this way so many years back then when we struggled to barely keep up. We retired early because we practiced proper saving and key passive income procedures to fuel our dreams.

[@sonlee8066]

good to know. Mind sharing any passive income advice for me buddy ?

[@vandrex234]

​​@@sonlee8066 I have a strong belief that you will be able to go far. You need skilled people in life. This is what I found out many years ago which is the reason I chose my coach buddy. He goes by the name William Alex Jude. You may have probably seen him online.

[@sonlee8066]

​@@vandrex234 Thanks, I really do appreciate your comment. Can I connect with your inveztment advisor if you don't mind ?

[@vandrex234]

​​@@sonlee8066 It's simple, Use his full name now to look him up on the internet and leave a message for him. His services are quite notable as he was recently featured on CNN. Rest assured he can work with anyone irrespective of your location.

[@sonlee8066]

​@@vandrex234 Done ✅ Achieved. I found his page online. Thanks for the direction. I appreciate. I have had the intention of starting invezting. But I always thought it was late and I think I need to stop procrastinating. I will definitely 🔍 for William Alex Jude and see what he can advise. Thanks a lot. This was of so much help to me.

[@susandecker5558]

You rock Mark. So glad I hooked up with you last year and you did my LLC in my trust. I have just caught this video onward and upward at 71.

[@rs6588]

1. Enough is enough. Let your money does something good. Count your blessings everyday. 2. Keep it simple. I would do conversion every year after filling tax. Make sure the amount converted will not put myself on the higher tax bracket that you can’t afford next year. Make sure the tax is affordable and I still able to contribute to Roth IRA at the same time. 3. Accelerates the Roth conversion after retirement, before you reach 72. It can reduce your RMD. This strategy works for most middle class couples with good spending habits. Before you know it, you are (or close to becoming) Roth millionaire🎉😊.

[@carlvasquez6106]

You are a beacon of hope Sir. Thank you for all you do and share!

[@lonniedelmedico481]

MIND BLOWN!!! I thought I knew IRA and 401k Thank you much I'm now a fan and a follower

[@bichdueinerson8621]

Amazing , we are blessing to have a handy gentleman in our life to help us to help the big world!!! And he save our life !!! I would like to say a billion appreciate MR Mark . J . Kohler❤❤❤👍👍👍👍👍

[@famosofficial9008]

Brotha man Screw anybody who don't like what you're saying your numbers say it al you are the greatest bro

[@purposeplansprofits]

This has got to be the BEST video on finances I’ve come across in forever. Thank you

[@cryptolord1994]

Dm on WhatsApp, legit platform to make investment with 5% daily returns ❤

[@killersentra]

I asked about roth ira after seeing mark talked about it. The sound from their voice was like....how did he know about that. That's when I knew it was the right path towards me making me money.

[@jeffhammaker1994]

Great advice. I wish every teacher spoke like this guy

[@intoodeep9107]

You're so excellent at helping people understand what our options are. Thank you.

[@MarkJKohler]

Happy to help!

[@patricksuwala4090]

At 8% rate of return, if people want to just go the traditional route of ETFs to make it easy peasy, you can still get to $1mil in about 25 years. That alone can be your retirement. $80,000 a year tax free in 25 years. Assuming you max out your ROTH IRA or TFSA for us canadians, right now.

[@jacquie212]

I started at 35 and I wish I had stated earlier. I have investment accounts set up for my kids to start before they are 10, and have been explaining and showing them compound interest calculators. When i have the disposable income I will aim to match every dollar they put in a Roth in lieu of inheritance. There is no replacement for time in time value of money.

[@andrewpipitone1572]

That feeling is so so important. Have to feel good everything you build.

[@MrDee001]

I'm now subscribed. Great info to take action on!

[@patternsmashing]

The perfect message, the perfect time, for me. Thank you, Mark and team. I discovered the rule of 55 a couple months ago, that I'm competent "enough" as a day trader a month before that, and that I could (and really should) directly trade my cash in my 401k rather than settle for the middling returns the funds provide. My whole world has changed. Just when I feel like the ground is settling under my feat, a new revelation from Mark on how life can get even better! I've taught what I love before. I recognize that same fire in your voice. This isn't just money, it's giving back while making a living. Here's another set of ears and a thick skull you made it through. Not everyone gets the message, but the ones that do will never forget. Thanks again.

[@bobinorlando]

It's a great theory and you're going to need those outsize ROI's because that LLC is a corporation that has to be registered in a state for ~$150/yr. every year and it needs to file a tax return every year with bookkeeping by a CPA for another $1200/yr. And if you want to protect your assets in the LLC from creditors it's going to have to be registered in Wyoming according to a different legal expert on KZbin. And if your rental property is not in the same state as the LLC then you probably have to file a foreign corporate registration in the state your rental is in every year. If it's in another state unless you want to run over there every time the toilet clogs then you have to pay a property management company for another fee. And if you ever want to do anything with the LLC like buy something or sell something you're going to have to pay the lawyer to get it done correctly. And if you forget how all of this is supposed to work (and you will) that's another conversation with the attorney.

[@lostinmyspace4910]

I like how you think. For every upside there's the slide (downside). Pros and cons. Revenue in, expenses out. Bottom line, don't quit your day job, but save some consistently along the way and you will be fine. If your life is good now, and you can meet your expenses, have a roof over your head, and sleep at nite with no worries, then your retirement income will carry you well to the end with some good common sense simple investing.

[@enriqueta56]

What you are saying is not very accurate. You need more information. For instance, an LLC for an IRA works differently than an LLC for a regular business. It doesn't need to file a tax return unless it's income is above a certain amount. And you don't need to hire a lawyer to buy assets with your IRA/LLC. You buy it yourself as the manager of the LLC, with checkbook control. I just started funding my self-directed Roth IRA, and I'm getting the KKOS lawyers to help me set up the LLC so that I can start buying assets. I attended a two-day class from Mark Kohler and Self Directed IRA. It seems like you have an excuse for every solution.

[@Ironrodpower]

No doubt it's more work and you need to be intentional. Most people need to be Intentional to be rich. Not many rich lucky people.

[@bryanmiller2216]

You can also set up a trust so you don’t have to file a tax return or pay annual LLC costs.

[@damitadumas6674]

E Sald & Bryan you are correct🎉

[@stevebrassie1209]

Am I missing something- The limit on the Roth IRA is 7000 or 7500 depending on age. If there is more than one Roth vehicle the total of all sources is still only 7500 What am I missing.?

[@ChiSoxsFan4Life]

I just came across this I'm going to rewatch this when I get home. I just turned 39 so I'm trying to get the 💰

[@77Zona77]

Mark Kohler can make any subject fascinating! Love this guy!

[@curlee357]

This Guy is really amazing and he has a cool personality 😉

[@sambomambojambotango3961]

The most important video to build your financial future! thanks

[@MichaelDillin]

Thanks for your motivational videos they are pure gold!!

[@catherineng1022]

Hi Mark! It’s Never too late built or take full control of your financial! You are correct 👍🏽. I’m about hitting into my 50’s soon. I meet all criteria with Roth IRA, Traditional and HSA saving/ investing. My question is can I use my asset’s to open LLC account? Do you have additional videos to educate me more about LLC/ tax deferred/ open multiple Roth under LLC. I always believe ROTH IRA has its limitations. This is mind blowing and I have been searching for some guidance in decades. I’m appreciate and grateful for your video🙏 Thanks for sharing your knowledge. I have so much to learn from you. I live in North Cal.

[@MarkJKohler]

Hey Catherine! We can absolutely help you with this. Please get set up with one of our amazing Tax Advisors at markjkohler.com/tax-advisor-network/ - all of them are trained by me weekly and they can help you get set up and questions answered. Thank you!

[@tomjones3907]

If you put $60k+ into ROTHs, you'll have to come up with another $15k+/- for taxes in that year..

[@TonyBlount]

You are always going to have to come up with the tax money. Now or later. By paying it now however, you are forcing yourself to adjust your budget and lifestyle to the tax reality that is inevitable… otherwise you are just kicking the can and staring at an I. Reading number in a 401k that isn’t real.

[@edwin8410001]

thank you so much Mark for teaching all this, God bless you

[@MrSparkymike1]

sure you are. And the USA is financially solvent

[@ewindeed1210]

When your over the income limits just check with your employer 401k custodian and request in plan distributions. If thats available, contribute to after tax and immediately convert to roth within ypur 401k. Keep it simple

[@felisak6053]

This is a good strategy to follow, but the question that always comes to my mind. They always tell you that your retirement fund should be 10x from your income at your current age. But when you reach a certain age like 70 your activity and is not the same way as you are 50. As well as your expenses is more cheaper because you don’t need a lot of items, you don’t travel, you don’t pay debt, mortgage so you have plenty of money, but what can you do if you can’t enjoy it while you can.

[@JBLLC2021]

Hi sir , can I put my roth IRA money on a llc bank account?

[@silvialugones3215]

Thanks a lot for sharing your knowledge.

[@Emily-le2op]

America as we know it is finished. All indications point to 2023 being a year of severe economic pain across the country. Put that money to work right away to make it grow. I knew I had to make an investment. I never imagined that a few thousand dollars per month would add up. However, it is. I've made around $600,000 since 2020...

[@laddcraner4170]

Sounds great!! tyvm

[@danlovett3697]

Do you have a video on converting an existing traditional IRA into a Roth ? And can you do it without any penalties ? Perhaps another " backdoor" strategy ?

[@leia6585]

Thank you for your teaching 😊

[@MrAesir1]

You short changed your return on the RE example its actually 45% IRR. 5K appreciation, 2K in mort paydown, and 2K cashflow that's 9K/4 =$2250 for your $5K investment hence 45%IRR.. Lovely

[@brycecook4000]

Someone know math. I thought this too

[@nyreemagdamit4987]

Thank you Mark for great and very inspiring and motivational guide. I've learned a lot and I'm going to achieve my financial goals!

[@DEADKING624]

Thanks Mark for all that you do...priceless information!!! I hope many follow along and take action

[@totiriel6079]

But you did not count the repairs and when you have a bad tenants that doesnt pay. Vacancy when renter vacated. The headache the you go through. In a stock you dont have to worry those things.

[@RobWilliams007]

Isn’t the problem with real estate in a self-directed IRA, is that you have to use that IRA for any repairs and financing, etc.? You can’t use personal or LLC money to fix or remodel the property. Yes, you can invest it in a syndication. I do own metals in a self-directed.

[@luismaldonado6025]

Thanks for just giving me hope, good to know I still have a fighting chance, :)

[@cheynebest7028]

A million dollars will be worth so much less in the future, which is the most frustrating thing I hear people say when talking about investing. You're going to have a whole lot less if you don't start and come up with a plan right now because the next best time to start was yesterday. 🙄

[@jtrell4297]

Atleast you understand

[@hectora.vasquez3281]

Great stuff brother! I appreciate your wisdom and motivation.

[@phillobo-ov7vr]

Mark, your advice is 1000x better than your artistic ability 😂😂 I lost it when you drew a cylinder. Thanks for the advice. I wish I had this type of information 20 years ago

[@michaelsmith-wt9si]

In your equity example 5% of 100k = $5000 + $2000 positive cash flow + $2000 equity payments = $9000. Which calculates to a 45% ROI. $9000 on a $20,000 investment.

[@michaelsmith-wt9si]

I tell people this all the time and most think it’s a trick. The few that listen are blown away.

[@wayneross1792]

Can you put more in the Roth than you earn for the year. Like money that is in a bank account sitting there waiting for a better opportunity. Make $5K Gross, want to put $50 in a Roth/Small Business?

[@MetricZero]

What's your opinion on the current state of realestate and the potential of a coming depression and collapse of our financial systems?

[@Lee-fi4vo]

A lot of fear in your questions. Educate yourself first.

[@1Four3]

WOO-HOOO!!! LETS GOOO

[@finsterelli4548]

Mark does this!!!!!!🔥🔥🔥🔥

[@mr.coffeyshouse3047]

Mark, I really need your help with my taxes. I understand we haven't met, but I believe you're the right person to assist me. I'm being intentionally vague to maintain confidentiality, but if you're open to it, I'd like to discuss this further in a direct message.

[@buddsidewinder7778]

love your work i smashed the like

[@korygrandy6133]

Shout out to Duluth MN! Love the content Mark!

[@AlohaMichelle]

What happens to the aged or disabled or working poor. Recessions, medical, inflation. How many people have this kind of money?

[@jaybash5907]

I’m about to take the tax hit this year and move my tsp to a self directed Roth IRA all this money printing means my taxes will be going up so I’ll take the hit now

[@robertpurvis9659]

I work for a Metro Fire Dept. I'm 53. I can retire from that job in 15 months with a pension (about 34K a year). Can I use this like you mention in this vid?

[@i1pro]

Excluding Crypto this is an amazing video

[@glorialeon8624]

Can you talk about when the stock market falls and we loss money ?

[@MarkJKohler]

Hey Gloria!! That's a great idea, I will make sure to add it to my list of topics. Thanks for the engagement, I really appreciate it!

[@TheCakenator1]

Thank you!

[@MarkJKohler]

You're welcome!

[@jbw8471]

My Roth is getting killed right now. So im not sure how long it will take to come back. Also the value of the dollar is declining fast and its gonna take more than 1 million to retire. My portfolio is down since beginning of 2022. 🤦🏾‍♂️

[@driverdan6988]

THANKS JAYSON!!!!

[@roysmith8071]

Wished I would have seen this a while ago. Been putting a couple dollars a day into mine for the past year. No regret

[@JustIandI7695]

Hi Mark just comes across your info. I like to know and participate in the Roth IRA investment LLC that you are mentioning here. How can I get more info to get in? Thank you.

[@christinetom6594]

wish someone would have told me about municipal bonds and municipal bond funds instead of the 401k, IRA's etc. They are better investment for tax free income for your whole life.

[@pinkypie100100]

Thank you!!!

[@atomica157]

Lots of great info..Confused a bit about adding in money to my back door Roth in 401k doesn't the money have to come in directly from a pay checkup from work up to a certain max amount? OR Can I get in touch with my works financial department and send them a check lets just say $20,000 this year 2023 to add to my back door amount for 2023? IF so do I have to pay tax on the extra $20,000 I am sending to my 401k account is that even possible they would accept money coming into the 401k from outside a paycheck? Hope that makes sense

[@gaminsfun9078]

Well explained sir

[@charlieb.5760]

Hi Mark, ty for all this great info! You reminded me of my work 401(k) does have a Roth option. My question is, since I'm still working, not sure its a great idea to convert any of it over to the Roth 401(k) side since I'll be paying the tax now on my current income which is fairly high as I am 56 and have had the plan since 1990. Perhaps start putting some in from scratch. Tx again!

[@MarkJKohler]

Charlie, to get your question answered, please submit it to podcast.mainstreetbusiness.com/ OR if you want to get set up with one of our amazing Tax Advisors to dive further into your questions, please head to markjkohler.com/tax-advisor-network/ - thank you!

[@khadijasajid457]

I've come to realize that the key to amassing wealth lies in making sound investments. I purchased my first home at the age of 21 for $87,000 and sold it for $197,000. My second home, acquired for $170,000, was later sold for $320,000, and my third property, purchased at $300,000, fetched $589,000, with buyers covering all closing costs and expenses. Not reaching a million before retirement feels like an unfulfilled goal.-.

[@tahirisaid2693]

I'm exploring different investment opportunities and would appreciate others' insights on this matter._.

[@khadijasajid457]

I initially started my investment journey with the guidance of a financial advisor named *Jenny Pamogas Canaya.* Her transparent approach granted me full control of my investments, and her fees are reasonable, considering my return on investment. Nonetheless, it's crucial to conduct thorough research before engaging with any financial advisor.|.

[@holdencawffle626]

Great vid. This guy is the real deal holyfield

[@elevatefinancial4045]

This is complete GOLD. Thank you Mark for championing these strategies. They are life changing. I've helped over a dozen clients self direct a portion of their retirement accounts into land investments. I'm going to push this out to the rest of my network. - Bobby Ewan

[@303Estates]

Great video!! And I love your books I purchased! Question. Sold some apartment buildings. Followed your advice and just paid the capital gains. Left with $1M. How can I put this in a ROTH? Or is there a better thing to do with this windfall. Thanks!

[@hersdera]

you should look up for an advisor to help with your finance

[@Doyle-Nutbush]

Peter Thiel lodged stock warrants which cost him very little, then exercised them.

[@Chanel15477]

Mark, I'm so far behind, I never realized by opening up 2 Roths I would only be able to contribute the maximum amount between both, I thought I could fund them separately. I'm trying to buy a condo for myself after short selling in 2013. I need to build my Roth because I'm in my fifties. I'm going to have to take money out of savings to buy a condo, where I would rather fund one of my Roths. I'm not in the same category as most, should I open up a separate 401k and just start building that?

[@revelationpowerhour9149]

I always wanted an info on this. Thank you for the video. I instant to move to the US🇺🇸 next year. Can I open one next year or now while I am still in South Africa?

[@11nica5]

Wow I’m so glad I found your channel, so informative

[@danlovett3697]

Also , can you convert an unused 502c college fund into the same thing without incurring any penalties .....????

[@markkeller9378]

Umm, all of the money that’s placed into any Roth, is after tax…correct?

[@seanstack180]

I was able to pull money from my employers 401k program without quitting my job back in 2020 using the Cares Act, to roll over to my IRA. Has that Act been extended to 2023 or are there any other loop holes like this that can be used today? I would like to roll over again and fund a SDIRA

[@MarkJKohler]

Sean, to get your question answered, please submit it to podcast.mainstreetbusiness.com/ - thank you!

[@tiagoj8020]

This was pretty cool to see, however nobody ever talks about the pre-tax of Roth IRA! You pay the tax upfront based on your current tax bracket. So it cost you $780-$1080 to put $6,000 in a Roth if you're making a 100k a year. Nobody talks about that including this video. If you're in a higher tax bracket that fee is even higher to do a Roth.

[@yoonlead]

I wasn't financial free until my 50’s and I’m still in my 50’s, bought my third house already, earn on a monthly through passive income, and got 4 out of 5 goals, just hope it encourages someone that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made.

[@gregmcfarland5189]

It’s funny how buying a new vehicle ended up steering me to my first investments outside of my 401k. Now I have a few shares of that vehicles stock in a Roth 401. If I can get enough Tesla in there before it goes exponential, I’ll be very well off.

[@dont.ripfuller6587]

​@@gregmcfarland5189 Tesla already went exponential, if muln ever actually puts a car on the road, they have a lot of potential upside, :

[@gregmcfarland5189]

@@dont.ripfuller6587 Tesla has jumped but no value is assigned to anything other than their auto division. When FSD, Optimus, and megapack batteries get factored in is when the real exponential happens. I believe fisker to be a better wager than muln but see why you would say that.

[@jamarmills7928]

I'd love to connect with you in regards to this matter what would be an ideal email address that I could reach out to you at thanks in advance

[@yoonlead]

@@jamarmills7928 How do I reach you privately?

[@earlterhune5528]

Hello Mark, My first time hearing you, tonight 03/29/2023. I just turned 72 and I'm converting IRA's to ROTH IRA's this year and will try to do max without getting hit on taxes. We are both on soc. Sec. And I have a small rental. Next year I have to take RMD's and pay taxes on them. How can I contribute to a new ROTH without working and getting a W-2 ? Also, how can my rental which is 700/ month be used in a ROTH?

[@MarkJKohler]

Earl, please get set up with one of our amazing Tax Advisors to dive further into your questions, they will absolutely be able to help you! markjkohler.com/tax-advisor-network/ - thank you!

[@lorinal5544]

Thank you for sharing

[@MarkJKohler]

Thanks for watching!

[@TheCakenator1]

Title was eye catching 😊

[@MarkJKohler]

My team works hard at making EVERY aspect of my videos enjoyable!

[@rambeau7234]

Forget the Dollar! Silver and Gold for the Great Reset! We are at the end of a cycle!!

[@sleepingyogi4336]

"I need a million dollars to keep me warm for 2 nights in 10 years." -Love my Thoughts

[@borngreat777]

Hey Mark. Great video however the math on the 5% appreciation was wrong. You made $5000 not $500 so the equity increase should be $7000 NOT $2500. So from your example , the Return should be 45% not 22.5%

[@MarkJKohler]

Thanks for keeping me in check!!

[@rikpatel]

I came here to look for if someone realized the mistake. This comment should be pinned.

[@MayaArora]

Very informative channel 😊 My son is 14 and he works in my business over the weekend, can I put all the money he makes in Roth IRA ?

[@MarkJKohler]

Maya, to get your question answered, please submit it to podcast.mainstreetbusiness.com/ - thank you!

[@appsm7110]

@Mark, I've done real estate on a self directed IRA but on a all cash basis. In this video you mentioned 20k down assuming an 80% loan. However, when I did it only some limited # of lenders would lend to an IRA (due to non-recourse nature) and asked 50% down. I also understand there is some tax that is incured (UBIT, maybe) when IRA has a loan. Could you please explain this better and or provide lender leads that will lend 20% down to an IRA (non-recourse)... Thanks, I love your videos....

[@MarkJKohler]

To get your question answered, please submit it to podcast.mainstreetbusiness.com/ OR you can head to markjkohler.com/tax-advisor-network/ and get connected with one of our amazing Tax Advisors that can help you dive deeper into your questions. Thank you!

[@CLaw-ne5mi]

Great video.

[@MARKTrees27]

I've got a Roth on Robinhood and a traditional on weebull, What is the smartest thing I can do? Have both?What have you Experienced? I want to be set,My Daughter too.Thank you for your Experience on this Brother,My name is Mark too

[@scottalex2741]

Es hat mir geholfen, das zurückzugewinnen, was ich beim Versuch, selbst zu traden, verloren habe

[@hopebeary3497]

Can you please add the link for the self directed IRA/Roth. I typed in what you put here and so many came up. Just want to make sure I'm using the one you suggested.

[@MarkJKohler]

directedira.com/

[@xrpminion5507]

amazing!!!

[@MarkJKohler]

Thank you SO much!!

[@insiteandawareness3500]

So I'm 48 and I want to put 25K away each year for my retirement into a Roth.... can I do this amount?

[@fosterthesose]

Are you self employed?

[@derekraw1234]

Depends on your income and how your employer 401k plan is structured. If you earn enough and have the right plans, you can put away 6.5k+22.5k=29k into Roth accounts for 2023.

[@insiteandawareness3500]

@@derekraw1234 Yes I have a 401k plan and I'm going to max it out especially because I'm going to be 50 in a few years and I'll be able to put even more into the plan but I don't like their mix of investments.

[@hornbaker]

You can do far more - $6500 via IRA (Backdoor Roth if needed), plus $22500 via an employer Roth 401k (or Solo Roth 401k if self-employed). And for a couple more weeks, you can still contribute $6000 to your 2022 IRA. If the 401k plan is structured right, you can go even higher (up to $66k/yr total) by contributing to a second bucket called After-tax 401k which can be converted to Roth. When you hit 50, then you can add $1000 to the IRA limit and $7500 to the 401k limit… so, $6500 + $1000 + $66000 + $7500 = $81,000/yr into Roth is possible. And technically you can have more than one 401k plan (different employers), so the Roth numbers can actually go higher.

[@TheRealGregKnight]

Hello from Duluth, MN

[@MarkJKohler]

Hello Greg! Thanks for watching!!