How to Mine Crypto in A Roth IRA and Reduce Taxes

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Пікірлер: 185

@EarlCo 3 жыл бұрын

THANK YOU FOR ANSWERING THIS QUESTION I'VE HAD! I just opened up an IRA/LLC with Directed IRA last week, and I've been mining Ethereum for 3 years!

@b1zarre23 3 жыл бұрын

How's that working out Earl Co? I just spoke with a rep from a self directed IRA company and they state that if you own the LLC you can not purchase it with your SDIRA, would be a disqualified person. (Explained as if you bought your own house from yourself).

@EarlCo 3 жыл бұрын

@@b1zarre23 YOU don't own the LLC(s) individually, your IRA owns the LLC(s) (1 holding entity, 1 blocker corp). You create new IRA LLCs specifically for the IRA. And yes, no self-dealing. If you want to transfer equipment, sell to a third party first, then buy it back into your IRA LLC (complete with invoice and receipts).

@RobbieE56 3 жыл бұрын

@@EarlCo ok so I need to sell the hardware I currently have to a trusted third party, and then buy it back after getting the LLC setup? I was wondering how to do this if I already have all the hardware.

@EarlCo 3 жыл бұрын

@@RobbieE56 you're gonna have to speak with an attorney there. If there's a paper trail of receipts when your IRA/LLC buys it from the third party, and it's not a per se transaction or a prohibited transaction, I think it can be done. Obviously your IRA/LLC is only going to be able to buy up to the maximum amount of cash it has that you've rolled over or contributed into the IRA.

@unveiledwithouttears1370 2 жыл бұрын

Awesome dude! This was very helpful.

@miguelbeltran8718 7 ай бұрын

I have been curious about this for years! Thank you for the info!

@Rosary4Ukraine Жыл бұрын

thank you

@Mr.Infumus 3 жыл бұрын

Omg....this is what I've been looking for. Thank you so much

@markjkohler8445 3 жыл бұрын

Thanks for your comment If you'd like to make huge money Investing in bitcoin,eth,bnb,doge,xrp, safemoon, with little capital I will refer you to Ken Anthony Carter For more guidance.**

@markjkohler8445 3 жыл бұрын

Tele gram @Kenanthonycarter26

@gregconnley1439 3 жыл бұрын

Thank you Mark

@markjkohler8445 3 жыл бұрын

Thanks for your comment If you'd like to make huge money Investing in bitcoin,eth,bnb,doge,xrp, safemoon, with little capital I will refer you to Ken Anthony Carter For more guidance.**

@markjkohler8445 3 жыл бұрын

Tele gram @Kenanthonycarter26

@SuzieKovach 2 жыл бұрын

Genius!

@jeremycouch8138 3 жыл бұрын

Mark, who did you use for the wallet custodian?

@senseibilek8878 2 жыл бұрын

Thank you for this. I have a business partner. Can you do a video on how do this with a business with partners?

@InternetSavage 2 жыл бұрын

I already have a LLC that I use to do side work under, can I use that or should I create a new one?

@gary.richardson 3 жыл бұрын

I want to connect to starlink with a mining rig, and if possible lease out excess bandwidth to someone who I pay to host a few square feet for the rig.

@Mr.Cash66 2 жыл бұрын

Excellent content as always

@amriksmikko8231 2 жыл бұрын

Very good thought, however this seems like a self transaction, which will get thrown out immediately upon audit. Did your firm ever gain and irs opinion on this approach?

@lHurtYourFeeIings 2 жыл бұрын

Not to mention Corp can be tax free state unless it operations there. And the double taxation from dividends? Annual IRA contribution limits? This guy is looking for suckers.

@rythomps87 3 жыл бұрын

I've already gotten the first 4 steps taken care of(before I started watching your videos of course). After watching this video, does your firm do partials, IE, I need everything from the blue bubble up(Ill handle the IT part as that is what I do, if it isn't a prohibited trans). Also, does the yellow bubble and the blue bubble need to be in the same state.

@rythomps87 3 жыл бұрын

Also, not to take things so literal, but in step 12. If your "payouts" are not daily, does this step basically indicate that you should xfer money the same day as payouts. If you don't get a payout, there would be nothing in the C-Corp wallet to transfer.

@michaelmcfarland7023 2 жыл бұрын

I set up an LLC with Real Estate Rentals in mind. Can I switch it over to Mining? I am so new to mining that I don't know what questions to ask.

@bridgettestokesconner9401 3 жыл бұрын

Mark and Matthew straight outta the NT!❣️

@cliffhernan6433 2 жыл бұрын

what if I already have an open Roth IRA for stocks? Can I open 2 Roth IRA for mining under LLC or is it the SEP IRA?

@robertoteran5442 2 жыл бұрын

Internal revenue code under section 4975 prohibited transactions; " you cannot do anything with your IRA that in anyway directly or indirectly personally benefits you, a lineal descendant, parent, child, spouse or any entities controlled 50% or more by such persons"

@MrWallportillo 3 жыл бұрын

Mark, I would like to get more info. Can you help me? I am glad you covered this topic I know a lot of people that are skeptical others that want but don’t know where to start

@markjkohler8445 3 жыл бұрын

that's nice, thanks for replying,you can send a message to my administrator on Telegram to earn massively in crypto, stocks and ETFs. (@kenanthonycarter26) His excellent at what he does, tell him I referred you to him. His passionate strategies are top notch.**

@crazygrunt1000 2 жыл бұрын

You’re doing great with the tech terms regarding the subject.

@shawngoodwin1167 2 жыл бұрын

I've been mining for about a year and it's getting to the point where I need to do something like this I'm just West of Chicago Illinois well annoy what would be my next step hooking up with your company do you have one in Illinois I'm not sure where you're located

@chinsanity9313 2 жыл бұрын

How much do you charge for consults?

@DaveThomson 2 жыл бұрын

When we say "the trust owns the ira"? With the self directed ira are you just setting the trust as a beneficiary and that's it?

@seanpetersen8044 2 жыл бұрын

Which NAICS code on schedule c would be used? 518210- data processing?

@spacecoasttesla 3 жыл бұрын

Thanks for the video. This sucks lol

@frankiefish3632 2 жыл бұрын

what about sole proprietorship?

@stregagames 2 жыл бұрын

Can step 7 be hosted in my home?

@sweatygamergainz870 3 жыл бұрын

How about crypto currency you get from playing axie infinity?

@yarospence 2 жыл бұрын

Mark what about crypto fund?

@robertjacoby2262 3 жыл бұрын

Awesome video Mark! But watch out! You’ve been bitten by the crypto bug! Before you know it you’ll be chin-deep in gpus and constantly checking your hash rate, daily rev, and eth and btc prices😂 I do recommend switching to HiveOS if you’re planning to run long term. It’s very user friendly and lower fee than NiceHash. Also there is an inherent risk of mining with Nicehash especially as EIP-1559 gets closer. Check out BitBeTrippin and Son of a Tech yt channels for lots more info on that

@HApqzr77 2 жыл бұрын

Can you do this through a solo 401k and avoid UBIT?

@mrblue1933 Жыл бұрын

Excellent content

@jeffreyneltner1 2 жыл бұрын

How do I get a hold of Peter? Amazing idea.

@CHARGERFAN2010 3 жыл бұрын

Hey Mark, if I do this in my Retirement account (ie HSA, Roth, etc) can I keep the crypto mining rig in my personal residence?

@markjkohler8445 3 жыл бұрын

Thanks for your comment If you'd like to make huge money Investing in bitcoin,eth,bnb,doge,xrp, safemoon, with little capital I will refer you to Ken Anthony Carter For more guidance.**

@stevenrogersfineart4224 2 жыл бұрын

I would think that was co- mingling.

@davidbacker148 3 жыл бұрын

Just watched the whole video. Very high quality tax advice. Thank you for tackling the subject of mining!

@Petvids269 2 жыл бұрын

What happens when you max out your with ira from mining so much what do you do when your ira is caped?

@DaveThomson 2 жыл бұрын

Capped by what? There's no cap on growth. Only contributions

@robertoteran5442 2 жыл бұрын

Is this avoided by forming the LLC even tho you own or manage the business ?Internal revenue code under section 4975 prohibited transactions; " you cannot do anything with your IRA that in anyway directly or indirectly personally benefits you, a lineal descendant, parent, child, spouse or any entities controlled 50% or more by such persons"

@toddsmith4280 3 жыл бұрын

Is staking considered UBIT?

@markjkohler8445 3 жыл бұрын

Thanks for your comment If you'd like to make huge money Investing in bitcoin,eth,bnb,doge,xrp, safemoon, with little capital I will refer you to Ken Anthony Carter For more guidance.**

@markjkohler8445 3 жыл бұрын

Tele gram @Kenanthonycarter26

@GaHullbillyRanch 2 жыл бұрын

Can I mine crypto in a roth ira then let blockfi use my crypto to earn interest?

@danielweller1936 3 жыл бұрын

Good video. Is it possible to mine crypto as a "passive" investment in the self directed roth and avoid C corp and ubit taxes? I am thinking totally hands off remote hosting

@markjkohler8445 3 жыл бұрын

Thanks for your comment If you'd like to make huge money Investing in bitcoin,eth,bnb,doge,xrp, safemoon, with little capital I will refer you to Ken Anthony Carter For more guidance.**

@markjkohler8445 3 жыл бұрын

Tele gram @Kenanthonycarter26

@coled8a 3 жыл бұрын

Woah how are you running multiple 3000 series cards on a 430w supply? Heavy undervolt?

@markjkohler8445 3 жыл бұрын

Thanks for your comment If you'd like to make huge money Investing in bitcoin,eth,bnb,doge,xrp, safemoon, with little capital I will refer you to Ken Anthony Carter For more guidance.**

@markjkohler8445 3 жыл бұрын

Tele gram @Kenanthonycarter26

@drpaine7428 2 жыл бұрын

@@markjkohler8445 You really need to look into Cardano... Staking instead of mining...

@enerji4330 3 жыл бұрын

I have a question about step 6. Isn't your ira llc investing in to company with disqualified person?

@dete503 3 жыл бұрын

No, because the IRA is the owner of the LLC, not the person.

@markjkohler8445 3 жыл бұрын

Thanks for your comment If you'd like to make huge money Investing in bitcoin,eth,bnb,doge,xrp, safemoon, with little capital I will refer you to Ken Anthony Carter For more guidance.**

@markjkohler8445 3 жыл бұрын

Tele gram @Kenanthonycarter26

@CryptoAngelNetwork 2 жыл бұрын

Very helpful seeing the process of how to set up a crypto mining rig in a Roth IRA.😇

@jdub8305 3 жыл бұрын

$3500 for a motherboard and cpu???? Mine cost $200

@danielweller1936 3 жыл бұрын

yeah lol... im guessing he grouped the 3500$ as everything which isnt a gpu needed to mine. Still very pricey.. Even with inflated hardware prices you can get very good overkill hardware to run those 3 gpus for maybe $1000-1500 right now unless he got gtx 3090/3080's that 2000$ per gpu is a little steep as well

@stevenrogersfineart4224 2 жыл бұрын

Or you can just buy HUT, BITF, MARA, RIOT, or BRPHF :P Let them do the work :) Leverage with options if you want more than 400% gains. ***** THIS IS NOT FINANCIAL ADVICE*****

@leemorehead1991 3 жыл бұрын

Mark, The money moving from the C corp to the Roth what is that considered for tax purposes? A divided?

@markjkohler8445 3 жыл бұрын

Thanks for your comment If you'd like to make huge money Investing in bitcoin,eth,bnb,doge,xrp, safemoon, with little capital I will refer you to Ken Anthony Carter For more guidance.**

@markjkohler8445 3 жыл бұрын

Tele gram @Kenanthonycarter26

@nitzm3 2 жыл бұрын

@@markjkohler8445 Could you elaborate on Lee's question? How does the IRS view the money moving from the C Corp to the holding LLC?

@ebaysurplusauction 3 жыл бұрын

Can this strategy still work if you already purchased the mining equipment and are currently mining?

@markjkohler8445 3 жыл бұрын

Thanks for your comment If you'd like to make huge money Investing in bitcoin,eth,bnb,doge,xrp, safemoon, with little capital I will refer you to Ken Anthony Carter For more guidance.**

@markjkohler8445 3 жыл бұрын

Tele gram @Kenanthonycarter26

@albertsmith1122 2 жыл бұрын

Thanks for the information, Mark. For people in Texas who (tax attorney) would you defer them to?

@ZackHughes 2 жыл бұрын

Good question. 👂

@GTifft1 3 жыл бұрын

Marl, is there anyway to transfer existing crypto into a Roth, or does it have to be liquidated first. Asking for a friend! 🤓

@calebwaters6334 3 жыл бұрын

Liquidate. I just sold everything and submitted my roth ira llc packet. Im doing it.

@markjkohler8445 3 жыл бұрын

Thanks for your comment If you'd like to make huge money Investing in bitcoin,eth,bnb,doge,xrp, safemoon, with little capital I will refer you to Ken Anthony Carter For more guidance.**

@markjkohler8445 3 жыл бұрын

Tele gram @Kenanthonycarter26

@kenyagarnette4960 3 жыл бұрын

How do i get in touch with peter to build the rig

@MarkJKohler 3 жыл бұрын

Email peterg@3io.biz

@leemeador2789 2 жыл бұрын

Mark, really enjoy the video. Seriously looking to get into mining. You said you would leave your IT guy's information and I do not see it. You also mentioned a video about how to grow your ROTH IRA if you needed more $$ before getting into mining. Could you direct me to the location for both of these. Thanks !

@cashstreak3451 11 ай бұрын

Hi Mark, Who is your IT contact. I would like to get a quote from him. Thank you in advance!

@bhitz 2 жыл бұрын

What? You say good much for that? Puhleeez! I spent way less for 17gpu eth miner but he's happy so it's all good

@jimmyfitzsimmons6035 2 жыл бұрын

Sup

@ChrisSmith-bk7rb 2 жыл бұрын

A lot of people don't know this, but you don't have to pay taxes on crypto :)~

@memyselfandi1844 3 жыл бұрын

What's the best structure setup for investing in the stock market?

@markjkohler8445 3 жыл бұрын

Thanks for your comment If you'd like to make huge money Investing in bitcoin,eth,bnb,doge,xrp, safemoon, with little capital I will refer you to Ken Anthony Carter For more guidance.**

@markjkohler8445 3 жыл бұрын

Tele gram @Kenanthonycarter26

@OneModderJ 3 жыл бұрын

Hi, I’m currently reading Matt’s book and I hope you’ll reply to this. I have two questions: 1. Do you need the parent company LLC or can the Roth IRA hold the wallet? 2. I already have purchased the miner. Is there a way to either get the miner into the the LLC or at least the coins mined without disqualifying the Roth? Or is the miner/coins just completely off-limits? Thank you in advance, James

@MarkJKohler 3 жыл бұрын

Hey James, great questions! It is hard for me to answer through a KZfaq comment, but hopefully I can point you in the right direction. We have a podcast dedicated to Self-Directed questions, here is the website: directedira.com/podcast/ you should be able to find most of your answers there. If not, we have an amazing customer service team at directedira.com that will be able to help you answer either of those questions you asked! Hopefully that helps! Thanks,

@retirementOwl 2 жыл бұрын

The answer is yes, but it would be cumbersome and expensive. WHY? Because every time money flows from an IRA to an investment AND visa versa, the IRA custodian must be notified as they are responsible for keeping track of all money flows in the IRA. IRA custodians generally charge a fee for each transaction because they must administer and keeps records of all transactions. If the LLC has the crypto wallet, it accumulates the money and the IRA custodian does not have to be notified. The LLC can also go buy an apartment with the proceeds as long as the LLC is owner of the apartment. If the IRA itself held the wallet, each daily tiny crypto movement into the wallet would be accounted for by the IRA custodian and the fees would probably be a lot bigger than the daily amount transferred. This issue is why I stopped using self-directed IRAs 5 years ago and rolled all my retirement money into a self-directed Solo 401k. With the Solo, I am the custodian and therefore pay no fees and keep records myself. I am thinking of crypto mining in my Solo and I think all I'll need is to setup the C corp as my Solo 401k trust acts like the parent LLC in the IRA structure. I am all about simplifying things and reducing/eliminating fees. No, I am not selling anything here. :)

@ezzy2real740 3 жыл бұрын

Bruh i had my phone in my pocket how the hell did i get on this video

@calebwaters6334 3 жыл бұрын

Damn man, 2 LLCs in CA is brutal thats 1600 a year to stay alive.

@markjkohler8445 3 жыл бұрын

Thanks for your comment If you'd like to make huge money Investing in bitcoin,eth,bnb,doge,xrp, safemoon, with little capital I will refer you to Ken Anthony Carter For more guidance.**

@markjkohler8445 3 жыл бұрын

Tele gram @Kenanthonycarter26

@retirementOwl 2 жыл бұрын

Mining Bitcoin inside a Solo 401k is much cheaper since it only requires setting up a C corp (no parent LLC needed). Also, if you can setup in Florida where I am it's $138 per year. I used to have a self-directed IRA, but switched to a self-directed Solo 401 5 years ago. The structure is much less complicated and much cheaper to operate. Yes, the Solo 401k has a Roth component.

@yobro6799 2 жыл бұрын

Hi Mark. I understand mining will trigger ubit tax. Will “staking” (Slightly different than Mining) Does staking trigger ubit?

@jamesmchugh5807 3 жыл бұрын

I love it! I have the technical knowledge to get a rig set up myself (although I might want to consult with someone on the overclocking aspects). Am I able to do that myself or would that be similar to swinging the hammer in a rental owned by the IRA?

@jeremyleonbarlow 2 жыл бұрын

Why couldn't you use a 0% tax BVI Corporation as your UBIT blocker corporation. Yes, it would be a CFC, but if it is a CFC conducting an active business, and that company is not one to which the economic substance requirements of BVI apply and that corporation is owned by a tax exempt trust, then my understanding is that Subpart F should not apply in that scenario. So your earned income within the corporation you invested in would be zero tax and your corporation would not be creating Unrelated Business Income. Doesn't going offshore make more sense in this scenario?

@MarkJKohler 2 жыл бұрын

Jeremy, great question. Email admin@markjkohler, and set up an appointment with Darren Cherrington.

@mcm740 2 жыл бұрын

Matt you appear to be sincere. Dont waste your time over explaining to the I gotcha type douche bags. Just say you peace. Thank you for your help

@lemonlimephotog 3 жыл бұрын

Alright, just came here to watch this from TikTok. I'm crazy interested in this, but my wife is telling me we make too much to do a Roth IRA, which I've never heard of. Any other ideas how to minimize taxes on mining?

@doughibbing6390 3 жыл бұрын

Mark can show you how to do backdoor IRA at any income level

@markjkohler8445 3 жыл бұрын

@NGF-Life 3 жыл бұрын

Great video, thanks. For step 5, can you do an LLC instead of a c Corp? Allow any profit from llc in step 5 to pass through to the SD IRA LLC? Thanks in advance

@doughibbing6390 3 жыл бұрын

The second entity can be an LLC, but you will want to elect to be taxed as a C-corp to avoid the UBIT 37 % tax rate. Your C-corp will only pay 21%. Then pass the mining earnings up to the SD-IRA LLC to let any capital gains appreciate tax free

@markjkohler8445 3 жыл бұрын

@arminho09 3 жыл бұрын

Hey Mark, great info! Could a similar set up be done for yield farming crypto?

@argentiusdarkkon3918 2 жыл бұрын

Mark, you got totally ripped off on the cost of the rig setup.. The 3080 (at today's jacked up prices) should only be about 1800.00 the all of the cards on your rig can be purchased at today's high prices for roughly 4500.00. the rig, fans, motherboard, CPU, power supply, and ram combined, should cost around 1075 or less. I know, i mine also and yes i did set my own rig up and ordered all the parts and got it up and running, got my cards running at efficiency levels. The information you gave is awesome but you need to know you are being ripped off, unless that cost includes his setting everything up, it may be worth the cost if that is the case..

@icawn 2 жыл бұрын

IT guy ain't cheap. i had a brother fishing around for experts and charging 50%-75% the cost of the rig seems to be normal.

@sheriwalters9797 2 жыл бұрын

When you eventually have enough money in your holding company to buy a building, do you have to open another LLC to hold the investment or can it stay in the holding company?

@sayilu 3 жыл бұрын

I think I need 200k in my Roth in order to seriously consider this option.

@markjkohler8445 3 жыл бұрын

Thanks for your comment If you'd like to make huge money Investing in bitcoin,eth,bnb,doge,xrp, safemoon, with little capital I will refer you to Ken Anthony Carter For more guidance.**

@markjkohler8445 3 жыл бұрын

Tele gram @Kenanthonycarter26

@alejandrogarciajr3016 3 жыл бұрын

Mark, I’ve already purchased about $15k worth of mining equipment. Based on your video, got a little ahead of myself, but would I still be able to do this?

@calebwaters6334 3 жыл бұрын

You need to return the miners and get a refund. Or sell to a trusted 3rd part and buy back with your LLCs wallet.

@jeffreyspencer5018 2 жыл бұрын

I have a self-directed Solo 401k that I had setup by a Solo 401K provider. The entity is structured as a Trust with me as the Admin and sole trustee. Wondering if I could use a similar structure as described in the video such that the Solo 401K acts as the parent company which owns 100% a new Subsidiary mining LLC setup as a C corp. I can easily setup crypto accounts with various exchanges for the trust entity. I believe I would not need the parent LLC as described in the video because my trust basically serves that role. So the mining income would be taxed 21% as a c-corp in the subsidiary LLC and the Soio account would accumulate the mined BTC tax free after moving from the mining wallet to the Solo 401k wallet. Any thoughts?

@retirementOwl 2 жыл бұрын

I also have a self-directed Solo 401k (with ROTH sub account). I believe what you asked is true. The Solo 401k would not need the first LLC setup that in turn owns the C corp since the C corp can be directly held by the Solo 401k's trust account. This is one of the many advantages of the Solo 401k vs IRA structure (Traditional & Roth). The reason IRAs need the first LLC is because every transaction at the IRA level must be reported to and approved by the IRA custodian. Creating an LLC within an IRA allows the owner to fund the LLC once (reportable to IRA custodian), but once the LLC has the money it can write checks to (LLC must open a checking account) pay for mining hardware, mining wallets, etc. The LLC can also accumulate mining profit. The LLC can also invest in real estate or pretty much anything else. The trust in a Solo 401k acts in the same capacity of the IRA's LLC, so has one less necessary setup. Also, LLCs have annual fees and reporting which Solo 401k trust does not have. In summary, Solo 401k has less setup steps AND no fees. No brainer!

@clark_griz_gustafson 2 жыл бұрын

Can someone provide some clarity about what Mat was saying in another video with regards to the owner of the Roth LLC being restricted from "servicing", overseeing, providing electricity, and otherwise housing the miner that my Roth LLC owns?

@timhansen4121 2 жыл бұрын

I will beat you up in the comments. I don't think people who don't know how to setup a miner, should be allowed to have one

@JeanCast 2 жыл бұрын

Mark, you're a genius! Thank you so much for providing your knowledge! Subscribed!!!!

@nandhakumarjanakiraman9795 3 жыл бұрын

Are you really making profit using bitcoin mining?

@jacksonshawn2552 3 жыл бұрын

Sure man mostly from telegram apk from minnerphilip I made good profit

@micholyholly5264 3 жыл бұрын

@@jacksonshawn2552 He is on telegram and software making profit for long but not everyone noticed him minnerphilip I mean

@vjmceo 3 жыл бұрын

Can your Roth own all the shares in an S-Corp that does the mining? So money from mining flows into the S-Corp and passes through to your Roth. You use money from your Roth to buy shares in the S-Corp to buy the equipment. What am I missing? I might need to watch the video a couple more times. Thank you so much for posting this, you’re the leader of the pack.

@donireland6218 3 жыл бұрын

Can't be a an S-Corp. Gotta use a C-Corp.

@markjkohler8445 3 жыл бұрын

@lHurtYourFeeIings 2 жыл бұрын

He isn't telling you the self-dealing rules. You can't provide services to the business your SD IRA owns.

@mayramaldonado7043 3 жыл бұрын

You are awesome! I just received my bachelor degree on accounting and I have learned more from you in a shorter period of time. Right now I can not afford those big steps that require investment but little by little working on reaching stability while learning as much as possible. Right now I am thinking on start the master on finances, will you recommend taxation instead? I truly appreciate the knowledge you share. It is really valuable.

@markjkohler8445 3 жыл бұрын

Thanks for your comment If you'd like to make huge money Investing in bitcoin,eth,bnb,doge,xrp, safemoon, with little capital I will refer you to Ken Anthony Carter For more guidance.**

@retirementOwl 2 жыл бұрын

Mark, I have a Solo 401k that I self administer and it's been working great for me. Question: Can your firm simply setup the C corp for my Solo 401k trust?

@MarkDavidFoster 3 жыл бұрын

How can I do this living in Hawaii?

@markjkohler8445 3 жыл бұрын

@MarkDavidFoster 2 жыл бұрын

Mark...I believe you have a spammer impersonating you...

@yenkins5086 3 жыл бұрын

Can I get Peter Gunter’s contact info?

@MarkJKohler 3 жыл бұрын

Here is his email: peterg@3io.biz let him know that I referred you!

@letseatwelllivewell5000 Жыл бұрын

First off, great information. Had no idea you could do this. With that said, this is form using your system to mine.....but what if wanted to do this via Proof of Stake where you stake your crypto to earn transaction fees, network fees and such. I would assume you would have to buy the crypto with a self directed IRA and then send it over to the other company which then could have the wallet and rig that is used to stake the crypto? That would be fascinating to figure out.

@livinginsaccounty 3 жыл бұрын

Amazing video Mark. It’s a game changer for a long term investment.

@bongirud 3 жыл бұрын

I love you Mark Kohler. Your lawyers at your firm I am not a fan. I got more answers in your podcast and KZfaq than $400 consult.

@bongirud 3 жыл бұрын

@Rene' D I had a paid consultation. The attorney was not a tax or similar attorney- had specialization in completely unrelated field. And he keep saying he didn’t know but would refer me to get another consultation(paid of course) with a CPA OR he would refer me to Mark Kohler’s video on the topic? He never called back. Never emailed as he said. The result was that after waiting 3 weeks for a paid consultation, my LLC was never set up in time for my new contract so that I could get agreement set with my LLC instead of myself as a sole proprietor, and get taxed as an S Corp. Will be paying high self employment taxes again. And paid more for the consultation than I would have doing a Legal Zoom LLC. They still have money holding but that is to put towards another service within 4 months or you lose it. That is money I will never get back and lost earnings as well. I was very disappointed

@stevenrogersfineart4224 2 жыл бұрын

I hear this time and time again with tons of paid services off of youtube videos. It's almost like a "donation" for the "free" service you received from the videos :P

@therock1232100 3 жыл бұрын

Don't do it. Bitcoin is a very speculative item. Roth is your conservative portfolio of investment for your retirement. Bad idea. Keep it separate.

@vjmceo 3 жыл бұрын

Who says your Roth has to be conservative? It depends on someone’s risk profile and goals. And if a small part of your Roth IRA is in crypto to hedge against inflation, what’s the problem?

@dete503 3 жыл бұрын

It's all relative. If you only have $50k in your IRA and you're 55 years old, it's probably not the best idea, but you have more problems anyway. If you're 30 with $50k in your IRA, you could easily handle a $10k investment like this. I'll take this risk over your 5% gains a year.