Make $100,000 TAX-FREE Renting Out Your Home! | MASTER the Augusta Rule

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  • Опубликовано: 18 окт 2024

Комментарии • 20

  • @richhands5269
    @richhands5269 4 месяца назад +22

    My three favorite channels: Karlton Dennis, Stock Brotha, & How Money Works. Make my week complete! 🔥 🔥 🔥

  • @bossesbuildbusinesscredit
    @bossesbuildbusinesscredit 4 месяца назад +1

    This one was really good! If you’re not learning you’re not earning 🤯

  • @AnhNguyen-zg1ky
    @AnhNguyen-zg1ky 4 месяца назад +1

    Do you recommend an LLC or any formal entity for my personal home if I plan to utilize the Augusta Rule? I plan to rent out my personal home to my business.

  • @blueradar3836
    @blueradar3836 4 месяца назад

    I currently rent a home. Can I rent a room in the home I'm currently renting to my business for business meetings under the Augusta Rule? Or must I own my home to be able to rent the space out?

  • @suaveredd9247
    @suaveredd9247 4 месяца назад

    This is funny cause I literally moved from Augusta last week. I use to literally stay across the street from the Golfing field. It was definitely packed when it did come

  • @simonaware8445
    @simonaware8445 4 месяца назад

    How do I determine the market rental value?

  • @shelib6844
    @shelib6844 4 месяца назад

    Is there something like this in Australia?

  • @blueradar3836
    @blueradar3836 4 месяца назад

    Can the rule apply to camper trailers?

  • @Diamond-jq4kd
    @Diamond-jq4kd 3 месяца назад

    In the end of the day everyone is set out to make more money. “Service to others”

  • @Supratt001
    @Supratt001 4 месяца назад +1

    Thank you

  • @natej6671
    @natej6671 4 месяца назад

    I've heard you talk about the Augusta rule many many times before but this bit of history about the rule makes it make sense and paints a more clearer on the income/tax loophole.

  • @michaelgidea6794
    @michaelgidea6794 4 месяца назад

    Really good tax code in the US for real estate compared to the UK

    • @alipainting
      @alipainting 4 месяца назад +1

      Yes, I left the UK and immigrated to the US at age 21.
      The 30 year fixed rate mortgage is awesome and all my rental income has deductions, whew, so no tax. I've been housing American citizens for over 30 years.
      I saw that the UK was run by privileged aristocrats and that made me think I'd never get anywhere in life. So I flew out the day after my secretarial course ended. (That wasn't a job skill )

  • @EEZYEEEE
    @EEZYEEEE 3 месяца назад +1

    Clickbait title. Nobody on this channel is writing off $100,000 per year in Augusta deductions. Try more like $1,500 a year.

    • @lica1961ful
      @lica1961ful Месяц назад

      Yeah, Augusta rule is pathetic. I would be excited if it was 140 days not 14.

  • @pickledrick4800
    @pickledrick4800 Месяц назад

    You're limited to $500 a day

  • @Stonefactor
    @Stonefactor 4 месяца назад +1

    Instead, let's talk about the video you just took down. Please make a video about why you provided such false information. You even told people they'd have to pay to file a free report. You gotta speak on this.

    • @THEtaxstrategists
      @THEtaxstrategists 3 месяца назад

      What did he take down? I think he is a clown also. He took down his "off year C Corp" which was a sham. What was he discussing?

  • @IOSALive
    @IOSALive 4 месяца назад +1

    Karlton Dennis, You're amazing! Let's be friends and have fun together!