Passive Income RANT: The Truth

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  • Опубликовано: 10 фев 2025
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Комментарии • 414

  • @davidsisk9013
    @davidsisk9013 3 года назад +8

    Mr.Kohler ,Thank You for helping thousands of families,your kids are so lucky to have the most knowledgeable dad in the world,you are doing so much to help others and we love you sir,God bless you and yours...

  • @melissasolares3054
    @melissasolares3054 3 года назад +3

    Mark is the only person IN THE WORLD that can make this not just interesting but entertaining. I am trying to get all my friends and family to get a personal/family trust 😂.

  • @melissasolares3054
    @melissasolares3054 3 года назад +21

    Mark is the only person IN THE WORLD that can make this not just interesting but entertaining. I am trying to get all my friends and family to get a personal/family trust 😂.

  • @RumbleOnTheTube
    @RumbleOnTheTube 3 года назад +14

    You guys make taxes cool. I just want to say thank you and great job. I look forward to working with you all in the future. Keep being you Mark!

  • @ogad84
    @ogad84 3 года назад +12

    The system is built into a trap. What they are doing should be illegal! I bet they taken so many of hard earned dollars from small business just because they weren't able to hire actually a good accountant. How do you even know which accountant is good?

  • @TheNurseArtist
    @TheNurseArtist Год назад

    Mark's smile when he does the washed it spin cycle with his arms made my day. So good, I had to go back twice. Carry on, Sir.

  • @waschell1
    @waschell1 3 года назад +5

    only 20 minutes in and my mind is blown! great info on the self-employment tax on passive income and what is taxed vs what is not...

    • @HuongPham-xl3rf
      @HuongPham-xl3rf 3 года назад

      My friend just took $300000 from 401k to buy her rental home 3wks ago. They took $75000 in tax. Can she able to reverse call individual investments so she can save tax pay now

  • @KLeeMr
    @KLeeMr 3 года назад +62

    Mark Kohler is what you'd get if Dave Ramsey and Robin Williams had a love child. I love this guy.

  • @donhemmerlin
    @donhemmerlin 2 года назад +1

    After hearing all this , I feel like throwing up. I am sick and tired of the suppression by our government.

  • @l.a1712
    @l.a1712 3 года назад +5

    lol, i love the "this is how you launder money joke"

  • @lovellaugustin488
    @lovellaugustin488 3 года назад +1

    you are officially my favorite person in the world, I just started in Bitcoin this week and I'm up high 5 digits I need to know how to play the tax game, don't want any issues with the IRS

  • @powersonic6255
    @powersonic6255 3 года назад +5

    You are F@#%KK1Ng Awesome, this is why I purchased your Audiobook and also your paperback copy just to support you .

  • @marier1127
    @marier1127 3 года назад +4

    I love you Mark you gave so much gold information

  • @godgunscrypto7640
    @godgunscrypto7640 3 года назад

    You truly are the only channel that provides this TRUE and VALUABLE information for no cost!!!

  • @eddie5198
    @eddie5198 3 года назад +10

    Love the tax saving approach. Who wants to pay more for less; or especially to a government that wants to send our hard earned money to countries that hate the USA.

  • @agentsancho3493
    @agentsancho3493 3 года назад +3

    If you're in your early 20's while listening/watching this... I applaud you. 👏🏽

  • @elvisortegaortega3860
    @elvisortegaortega3860 3 года назад +2

    You my friend are one of the kind love your videos your information has guide me and motivated me to do things right 👌👏🤝🤝🤝🤝🤝🤝🤝🤝🤝🤝🤝🤝🤝🤝🤝

  • @75andbreezy89
    @75andbreezy89 3 года назад +1

    Fantastic information Mark. Many thanks.

  • @wespurcell3217
    @wespurcell3217 Год назад

    i am calling the pheonix office this AM! your the best Mark

  • @therealdeal1012
    @therealdeal1012 3 года назад +11

    Mark you are so Entertaining as you explain these subjects. Comedy "TaxLaw" Central! I've been looking for someone who can explain taxes in a very non-boring way and you nailed it and then some. I will be sharing your video's with my team for future business.

  • @CodellMusic
    @CodellMusic 3 года назад +4

    Thank you Mark, I have learned so much from you, and continue to learn a lot from you, I will be reaching out to you and your people very soon! I have a trillion dollar business waiting to launch, and you and your people are who I have been looking for, cheers brother

  • @hango8526
    @hango8526 2 года назад

    Very nice topic . Thanks for your dedicated on educational RUclips teaching. God blessed

  • @fireguyX
    @fireguyX 3 года назад +1

    Great content!

  • @michaelfordham3968
    @michaelfordham3968 3 года назад +181

    WHO SHOULD I THANK IF NOT FOR RAUL THAT FIXED MY CREDIT, I WAS SO SAD AND UNHAPPY HAVING 430 FEW WEEKS BUT I'M PROUD TO HAVE 810 TODAY THANKS

  • @pchchunjea
    @pchchunjea 3 года назад +3

    This is amazing quality education. Eye opening. Thank you Mark

  • @seventy7dayz
    @seventy7dayz 3 года назад +3

    I know this will get lost in the sauce, but I absolutely love you guys!!!!!!!

  • @gembcly5148
    @gembcly5148 3 года назад

    You're my real life teacher. Thank you so much

  • @gregconnley1439
    @gregconnley1439 3 года назад +2

    Thank you Mark for your Knowledge and help.

  • @cmichael2967
    @cmichael2967 3 года назад

    I don't know why: BUT I LOVE THIS MAN! You are one awesome dude!

  • @CRpatriot
    @CRpatriot 3 года назад +3

    You are incredibly smart love it I’m learning so much 🙏🏼👏🏼🙏🏼👏🏼🙏🏼👏🏼🙏🏼

  • @Dougster123
    @Dougster123 3 года назад +2

    LOL - I'm yelling at the screen saying "Ctrypto staking ... Land flipping ... Ad rev ... ALL NOT PASSIVE". How/why anyone would think that it is ... surprising. Great topic.

    • @Ferdinand208
      @Ferdinand208 3 года назад

      He is having a stroke! Someone get him help.

  • @jenniferasalcedo
    @jenniferasalcedo 3 года назад +2

    Mark you are awesome for teaching this! Thank you

  • @Daniel-hs7zn
    @Daniel-hs7zn 3 года назад +3

    Love this stuff you and your team put together, thank you!

  • @macummings7818
    @macummings7818 3 года назад +1

    Thank you Mark! 🥰🥰

  • @jorgecabrera3315
    @jorgecabrera3315 2 года назад +1

    This was amazing!! Thank you so much

  • @Contrarian_Misfit
    @Contrarian_Misfit 3 года назад +3

    Why don’t these videos have more likes!? Awesome information!

    • @johnnydeep1599
      @johnnydeep1599 3 года назад +1

      Because most people are broke..last thing they're worried about is taxes.

    • @Contrarian_Misfit
      @Contrarian_Misfit 3 года назад +1

      @@johnnydeep1599 true but this video had about 7.5 thousand views and only 500-600 likes. If you watched the video and like the content LIKE the video!

  • @silvialugones3215
    @silvialugones3215 Год назад

    Thanks Mark for sharing your knowledge 👍.

  • @christopherarmstrong2710
    @christopherarmstrong2710 2 года назад

    2:04 "If you're going to make money, you've gotta learn how to protect it."

  • @ronaldgonzalez5073
    @ronaldgonzalez5073 3 года назад +1

    Thanks you

  • @ljbanko1
    @ljbanko1 3 года назад +1

    Please just leave both mics on!

  • @tpaw6908
    @tpaw6908 3 года назад +1

    You are a god send thank you

  • @electronicplus8165
    @electronicplus8165 3 года назад +1

    Thank you for so much info Mark!

  • @LinacaroDesign
    @LinacaroDesign 3 года назад +2

    Thanks for the videos

  • @bryongreen1614
    @bryongreen1614 2 года назад +1

    i like your books

  • @DS-ku1il
    @DS-ku1il 3 года назад +1

    Subbed!!!

  • @yellomate-tv2pc
    @yellomate-tv2pc 3 года назад +1

    I will die on this hill...staking is interest income not subject to self employment.

  • @lagmanson
    @lagmanson 3 года назад +1

    I am retired but still have an Rental equipment S-Corp. I use the management services of another company which I also own with other share holders to run and operate my Rental S-Corp. I don’t take any w2, but take disbursements from the S-Corp as K1 disbursements. is this correct?

  • @annieslat9214
    @annieslat9214 Год назад

    Thanks mark im broke but love the insight Sadi since I was 47 havnt filed taxes for 8 yrs I'm living on crap income how the hell do I pay taxes on nothing don't even make enough to live

  • @granthamproperties2006
    @granthamproperties2006 3 года назад

    Favorite message

  • @JT_Dudeman4250
    @JT_Dudeman4250 3 года назад +3

    Dividends are the true passive income here, all of the others are less than passive and all of the others require some form of work where as dividend stocks require you to only buy a stock and wait.

    • @KingPriyom
      @KingPriyom 3 года назад

      there's more return in passive in crypto for less $ invested than dividend stonks

  • @sac856
    @sac856 3 года назад +2

    Always top notch

    • @sac856
      @sac856 3 года назад

      Note: Your tech guys are letting you down.. You give so much...watch the video back

  • @RDJL559
    @RDJL559 3 года назад +1

    you forgot to mention silver stacker

  • @joeoconnor5659
    @joeoconnor5659 3 года назад +5

    Mark is dropping all the secrets. He should be careful around boats, small planes and hot tubs

  • @OrSivan
    @OrSivan 3 года назад +1

    Love your channel. high quality content. You know your sh1t. Thank you sir

  • @sherrygorman9083
    @sherrygorman9083 3 года назад

    Mark...YOU ARE AMAZING!!! THIS INFORMATION IS INVALUABLE!! THANK YOU SO VERY MUCH!!!

  • @AndreaStockert
    @AndreaStockert 3 года назад +3

    You are LEGEND.

  • @martinsriggs2441
    @martinsriggs2441 3 года назад +24

    Speaking of investment and passive income I will go for crypto currency

    • @lynnkoeffler8326
      @lynnkoeffler8326 3 года назад +3

      The cryptocurrencies is one of the best investments that can be made and generate wealth for your future.

    • @susanbaxtron8422
      @susanbaxtron8422 3 года назад +2

      wow i'm surprised someone mentioned and recommended the expert Mr. Larry Kent Nick, Mr. Kent is the best ... he is the plug.

    • @fosterwhales1027
      @fosterwhales1027 3 года назад

      I have this little interest in bitcoin, maybe I will give it a try. I could use that experience, but I will need more information about his services.

    • @charleyluckey2232
      @charleyluckey2232 3 года назад +3

      @@fosterwhales1027 Larrykent_nick_trading @ I.n.s.t.a.g.r.a.m

    • @qwerty_artist
      @qwerty_artist 3 года назад +6

      This is a SCAM comment thread. The accounts are bots controlling old compromised profiles, or people copy pasting a script. If the video poster sees this, pls delete this thread.

  • @manonthemoon9o9
    @manonthemoon9o9 3 года назад

    Love it, need to set something up for my crypto investments

  • @DavidSummerly
    @DavidSummerly 3 года назад

    3 mins in, killer opening! 👏🏽

  • @Trip6Flicks
    @Trip6Flicks 3 года назад +2

    Wow amazing information I need help I have a LLc and nonprofit Corp right now

  • @RockTalkFM
    @RockTalkFM 3 года назад +1

    Hi, Can you help people from all over the US or just where your business is licensed?

  • @williamkreth
    @williamkreth 3 года назад +1

    This was amazing thank you!

  • @tazluvsbit590
    @tazluvsbit590 Год назад

    Loved the rant !!!! ❤❤

  • @andiw7358
    @andiw7358 3 года назад

    This is a really good one. 👍

  • @taco-vato
    @taco-vato 3 года назад +2

    Best channel ever

  • @kavishmehta5350
    @kavishmehta5350 3 года назад +1

    Need more hot love webinar!!! Loved this!

  • @natashaorlitzky
    @natashaorlitzky 3 года назад +1

    Any recommendations for an accountant as knowledgable as you in Canada?

  • @cryptographerchris4856
    @cryptographerchris4856 3 года назад +1

    Thanks for ranting. This was awesome.

  • @ianrooney2275
    @ianrooney2275 3 года назад +1

    Great video, i wish we could just earn money and be able to keep it, instead of having to study all these meaningless acronyms and hoops for our money to jump through just to keep our hard earn money

  • @joseMendoza-tz4qe
    @joseMendoza-tz4qe 3 года назад

    Not a scam...same people that called us crazy .are now yelling scam

  • @MikeSmith-nu9wt
    @MikeSmith-nu9wt Год назад

    If I put 60 k into making 40 k ( landscape ,& trees) how much does your goverment owe me ?

  • @rwbaumg
    @rwbaumg 3 года назад +1

    Thank you so much for providing such valuable information, for free, and answering real questions from real people. As someone who's just started doing taxes on my crypto holdings (going ten years back and including thousands of trades) I've found myself desperate for guidance and good advice for minimizing CGT. I've used aggressive loss harvesting, to seemingly great effect (according to various online tax calculators), and yet you are the first qualified RUclipsr I've heard talk about it.
    Regardless I will likely be facing a significant tax burden as a result of not educating myself on these things sooner; my high-priced CPA firm seems all but clueless when it comes to cryptocurrency. I think your examples and explanations are absolutely great!
    I really just want to say THANK YOU for helping me to understand all the things I wish I'd known sooner! You've earned my subscription and don't be surprised if you see me asking you questions directly in the near future.

  • @AirbnbRentalEmpire
    @AirbnbRentalEmpire 3 года назад +1

    Awesome info!

  • @edgray9151
    @edgray9151 3 года назад +1

    Just found you. Thanks

  • @sheriwalters9797
    @sheriwalters9797 3 года назад +1

    Mark, is mining crypto a taxable event, not just buy, sell, exchange? Loved your video.

  • @WC1333
    @WC1333 2 дня назад

    Are dividends from c corp passive and if not what’s the tax rate

  • @cryptoconsultant9681
    @cryptoconsultant9681 3 года назад +1

    You and your team are absolutely brilliant. I'm going to have to reach out and see if you guys work with expats

  • @grants7814
    @grants7814 3 года назад

    Good Stuff but…
    at 51:00 Wash Sale rules should have been expressly outlined - Red Alert!

  • @dittodelphox9939
    @dittodelphox9939 3 года назад +14

    I’d love a video on Revokable Living Trust. Thanks so much for the amazing content, Mark!!

    • @MarkJKohler
      @MarkJKohler  3 года назад +9

      I did one actually! Here is the link: ruclips.net/video/m43BcHJwSt0/видео.html

    • @DonaldDWilliams
      @DonaldDWilliams 3 года назад +1

      @@MarkJKohler What about just a living trust?

  • @micon9460
    @micon9460 3 года назад +1

    Thanks for doing your solo gig. That matt dude brings you down

  • @commercialdrvr
    @commercialdrvr 3 года назад +1

    How do I turn my Uber driving into a S Corp. At what amount of money earned does it make sense?

  • @youngceocrypto6614
    @youngceocrypto6614 3 года назад +3

    Can I send my personal crypto to my business as a start up cost / use for business purchases then use deduction to lower my tax burden to avoid personal capital gain tax?

  • @lseh4720
    @lseh4720 10 месяцев назад

    Jeez, and here I am terrified to even write off a meal

  • @Jeff-gt2xu
    @Jeff-gt2xu 3 года назад +2

    All those 1099's that are coming into the S-Corp, who are those 1099's made out to, the name of the individual that is doing the work, or the name of the S-Corp?

  • @linsk1
    @linsk1 3 года назад +1

    My daughter is a realtor,will this work for her??

  • @graphicdesignandwebsolutio365
    @graphicdesignandwebsolutio365 3 года назад +1

    To my overstanding, as for crypto mining, if it's decentralized crypto, like Bitcoin, can't be taxed until you cash it out, because it's not in there jurisdiction to tax... They can only tax the portion that intertwines with a state currency...

    • @shirleyhsieh8078
      @shirleyhsieh8078 3 года назад

      Thank ibon bjo bjthank ol lnonl. L. L m m. My l l l l m be on l l. L. M l l. L m l. M l l l. L. L l l l. L l l l l l l l

  • @elizabethbaldwin7307
    @elizabethbaldwin7307 3 года назад

    Would be curious to understand how the loss harvesting and then turning around and buying the same stock is not subject to wash sale.

  • @Cardroid
    @Cardroid 3 года назад +3

    Such great information thank you!

  • @Smoores3
    @Smoores3 2 года назад

    so what can u do with the funds that don't fall under the w-2

  • @xiloeteknowledgiesllc1973
    @xiloeteknowledgiesllc1973 3 года назад

    19:20 good grief was that in 15 minutes or less what is this a Geico commercial?

  • @curtisstafford9381
    @curtisstafford9381 3 года назад

    I fucking love this guy! I swear to God!

  • @BelieveNJesus2025
    @BelieveNJesus2025 3 года назад

    newby here-- where do i get get registered with a revocable living trust?

  • @mattsnellbacher1779
    @mattsnellbacher1779 3 года назад +1

    How do I make a crypto wallet "inside" of my Roth IRA. P.S. I dont have a Roth IRA currently

  • @kellygringo6686
    @kellygringo6686 Год назад

    If I am a seller financer, can the interest I charge be considered as passive?

  • @annieslat9214
    @annieslat9214 Год назад

    Is a on line bank like chime safer than the big commercial banks if the grid goes down or the have bail ins????

  • @carloscollado7400
    @carloscollado7400 3 года назад +1

    You guys are awesome!! Question: In this video , you mention the option of selling stocks to harvest losses and suggested possibly rebuying the stocks, but wouldn't that be in conflict with the 'wash-sale' rule?

  • @joshuayork8362
    @joshuayork8362 3 года назад

    I need to set up an LLC

  • @mannypatel9090
    @mannypatel9090 2 года назад

    The s corp llc can this work for an investing llc to help with short/long gains to save tax overall?

  • @bonniej0
    @bonniej0 2 года назад

    If you don't register the deed then you don't have any taxes right?

  • @vickilats2512
    @vickilats2512 3 года назад

    What about interest on crypto? Is it passive and is taxed as regular income?