Thank you for your expertise and making these videos. Its fairly obvious you dont need the money from the tube ,which makes you even more of a generous person- keep them coming.
Could you do a video explaining the types of investments that qualify for deducting margin interest on the SBLOC? Can I pay for repaiirs on an apartment building using an SBLOC and deduct the interest even though I'm deducting that on SCH-E? Or perhaps appliances?
Haha I will definitely put that on the list. I know many are still skeptical but the more and more I study blockchain technology, the more bullish I become. 🐂 But to each their own! At the end of the day, it's all about what investments you are comfortable with. :)
Would you use an SBLOC from brokerage assets to pay the taxes on IRA conversion to Roth IRA? Thanks for the great videos! (Oh, I don’t plan on paying the principal or interest back on the SBLOC for a very long time.)
Be careful with leveraged ETFs. They have a hefty expense ratio. Also, when leveraged ETFs like TQQQ go down, they go down hard. And take a much higher increase in the underlying to go back up to previous levels. I've been burned before in 2022 and still recovering
Thank you for your expertise and making these videos. Its fairly obvious you dont need the money from the tube ,which makes you even more of a generous person- keep them coming.
Appreciate your kind words!
Good afternoon coach!!
Could you do a video explaining the types of investments that qualify for deducting margin interest on the SBLOC?
Can I pay for repaiirs on an apartment building using an SBLOC and deduct the interest even though I'm deducting that on SCH-E? Or perhaps appliances?
You should make a video on regard to crypto because I am not sold atttt alll on those investments vehicles. Plus your recommendation and why please
Haha I will definitely put that on the list. I know many are still skeptical but the more and more I study blockchain technology, the more bullish I become. 🐂 But to each their own! At the end of the day, it's all about what investments you are comfortable with. :)
Would you use an SBLOC from brokerage assets to pay the taxes on IRA conversion to Roth IRA? Thanks for the great videos! (Oh, I don’t plan on paying the principal or interest back on the SBLOC for a very long time.)
My Roth is full of leveraged ETF’s for growth only! No bonds or cash at all!!!
Be careful with leveraged ETFs. They have a hefty expense ratio. Also, when leveraged ETFs like TQQQ go down, they go down hard. And take a much higher increase in the underlying to go back up to previous levels. I've been burned before in 2022 and still recovering