Side Hustle Tax Strategies That Save You THOUSANDS

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  • Опубликовано: 30 ноя 2024

Комментарии • 63

  • @KarenFisher-jg4no
    @KarenFisher-jg4no 7 месяцев назад +38

    Not everyone can or will be able to make sense of it on their own

    • @MadinehKhademian
      @MadinehKhademian 7 месяцев назад

      Exactly. i hate em taxes

    • @ParvanehMinavand
      @ParvanehMinavand 7 месяцев назад

      my advisor Linda Alice Parisi got things sorted at least to a great extent

  • @MarysonMarvis
    @MarysonMarvis 7 месяцев назад +23

    This seems like the worst period.
    Even the market are now very unpredictable. Started investing recently when the market prices were a bit high,today I am more than 60% down!??

    • @AlisonMac-wx7ri
      @AlisonMac-wx7ri 7 месяцев назад

      Don’t be confuse buying the dip in a bear market, with guaranteed future returns. Just because that company is down 60%+ from ATH does NOT make it a sound long-term investment. Make sure you’re investing in great companies. kudos to Devion Jane

    • @MaxwellJames-dn3ci
      @MaxwellJames-dn3ci 7 месяцев назад

      I agree just reached my goal of $500k yearly trade earnings. Setting realistic goals is an essential part of trading..

    • @MarysonMarvis
      @MarysonMarvis 7 месяцев назад

      Please educate me, i'm willing to make consultations to improve my situation,

    • @AlisonMac-wx7ri
      @AlisonMac-wx7ri 7 месяцев назад

      Her technical analysis is excellent and her interpretation/projections of the market are so accurate I sometimes ask myself is she is a human The point she is the perfect trader to follow for advice and guidance

    • @JeffLincoln-kj1tr
      @JeffLincoln-kj1tr 7 месяцев назад

      Wait is this the same lady? That helps me with 17k investment “wow" such a small world..

  • @godisgood789
    @godisgood789 7 месяцев назад +2

    You're Videos are very resourceful. Am tempted to Test the Landscape!?

  • @DRventura333
    @DRventura333 7 месяцев назад

    Some other channel says "the government is doing away with side hustles, said something was enacted on March 11th 2024?" Never heard about this. Any update on that Compliancy? registration for those with LLCs? Great information.

  • @justinwilliams6949
    @justinwilliams6949 7 месяцев назад

    I'm a bit confused on the BOI filing requirement. I'm a sole prop, not a LLC or SCorp but I do have a EIN for my sole prop. Do I need to file the BOI?

  • @JetLagRecords
    @JetLagRecords 7 месяцев назад +1

    Mark J Kohler, I subscribed because your videos are super cool!

  • @roln2572
    @roln2572 7 месяцев назад

    Is having an ADU on your primary residence a side hustle? I started building it 3 years ago and plan on renting it out soon. Can I expense all the receipts going back to the beginning of the build?

  • @FriendlyNeighborhoodNitpicker
    @FriendlyNeighborhoodNitpicker 7 месяцев назад +1

    29:00 I thought that reporting/registration requirement for LLCs got suspended by court order?

    • @godisgood789
      @godisgood789 7 месяцев назад

      Yeah I just researched it. Some States won the law suits. It was Unconstitutional! However it's not for all States! Yeah very Ambiguous in Nature. The Law in the State seems to Rule the Law of the Land these Days. I don't Understand this Three Ring Circus myself as a Business Owner and Filing anyways to avoid the Consequences!

    • @DRventura333
      @DRventura333 7 месяцев назад

      yes, we had the same question on that LLC reporting thing - not sure what is going on

  • @Hitmonscorner_ko
    @Hitmonscorner_ko 7 месяцев назад

    Very informative. Thank you so much Mark!

  • @tarrantcountykid
    @tarrantcountykid 7 месяцев назад +1

    So I’ll am retired and I wanna start a side hustle. I was a network technician for AT&T for over 20 years and so I have a lot of technical activity and so I just wondered what I could do and set up LLC.

    • @williampaskewitz5383
      @williampaskewitz5383 7 месяцев назад +2

      Technical consultations comes to mind. Good luck and thanks for making T work. Been using them for years.

  • @TiicTacZz
    @TiicTacZz 7 месяцев назад

    Excellent video, excellent information (like always). Get more inspired and motivated every time listening to you both explain things so well. Mark Kohler + Matt Sorensen = better duo than peanut butter+ jelly

  • @Gregoryverfied
    @Gregoryverfied 7 месяцев назад

    Uber driver can claim a home office? Not sure about that.

  • @redrustyhill2
    @redrustyhill2 7 месяцев назад

    It's a lie that we must report money earned at a side hustle as "income". I never have, ever, and never will

    • @colinsmith5597
      @colinsmith5597 7 месяцев назад

      Where's your source?

    • @redrustyhill2
      @redrustyhill2 7 месяцев назад

      @@colinsmith5597 🤣🤣🤣spoken like a true bootlicker.

  • @kmtv912
    @kmtv912 7 месяцев назад

    .

  • @KingParzival00
    @KingParzival00 7 месяцев назад

    ggs max