You should consider getting a professional guidance so you wont end up losing your savings. Reach out to TAMARA DIANE HAGAN. She helped me out with my retirement investment as a novice. search her name on the web to see her website.

@@helenmaguire8088 Thank you.

Can’t even lie, Tamara is indeed a genius. I traded the NFP to capitalize on one of the biggest market moving events of the month and maxed out on profit

@@stephentownsend3297 how does someone max out on profit? Fake comment.

You are so welcome!

Rob, thank you for the compliment. My team and I are constantly working to perfect our craft.

You can tell how passionate I am about this topic. Thank you for watching!!

Aw thanks :)

@@MarkJKohler Mark you are awesome. I shared this video. How can i get your book??

I'm very glad you found it! I hope you find it helpful and can start saving by doing this type of strategy now!

@@MarkJKohler I will ve working with startup clients, do you have any suggestions for where I could get updated tax planning information for startups.

Thanks! Make sure you hit the bell to be notified whenever a new video comes out :)

You are so welcome! You can always count on me to lay out the truth that Wall Street doesn't want you to know about.

You're welcome! Thanks for watching!

What do you want to do? Esp if you are retired and banks are reluctant to loan? What are you using the hard cash for?

What if you are American but a resident of another country? How do you deal with the LLC to take the money out of the US to buy? Does the LLC stay in the US? The money obviously has to be out of the US. Would you open a bank account in the name of the US LLC or do you also need to establish an LLC in the country where you are a resident?

I have been making over 300% profit from my bitcoin investment every week since my Colleague introduced me to Expert Olivia who now trades for me while I receive the profit.

@@lugardalias7442 Expert Olivia! I saw this recommendation some time ago. I ignored it only to see that someone is earning from her.

@@lugardalias7442 choosing to invest in Bitcoin is the best decision anyone can make. with the right approach, it works.

Thank YOU!!

Thanks! I do what I can!

Thank you so much! Glad you enjoyed it.

Thank you :)

Love you too man!

Thank you!

How can you "deposit rental income directly to the IRA"??? For one, most rental charges add up to more per year than allowed by IRS.

Thanks!

I'd say your best bet is to watch some more videos on this topic, and/or visit my website at markjkohler.com/blog/ and find some articles I have written for this! If it is still unclear, give my assistant Rosalie a call at 435-586-9366 ext 2024 and she will point you in the right direction!

Check out my blog! There are a lot of articles I have written on HSAs and IRAs! Let me know what you think! markjkohler.com/?s=hsa

Thank you Angie for your support! This support means a lot to me!

You're welcome.

Never it's late to learn something else. God bless America. The land of the opportunities. Yes opportunities if you are looking for something better and better in your life. Improving yourself is one of the best way. As a immigrant who made some dreams came true I will tell you that you Mark Kohler are helping me now to make true more dreams. God bless you Mark!. Btw I am almost 62. Sharing also all the knowledge that I learned in your videos. Sharing with friends and family and specially with my son who turned 30. A man who made one of my impossible dreams when we were living in Perú. Became a mechanical engineer in America. Thanks again and again. I am still learning every day. 🙏🙏🙏

The LLC is the landlord, but if you set up yourself as the legal Manager of the LLC you are essentially the landlord. (Manager is a required position to have when forming an LLC so make sure to list yourself as the manager).

Richard, I replied to one of your other messages tonight as well. Thanks for commenting on my videos and watching. As for this comment, in all my years I've never heard of this...not that I can't learn something new. Yes, you can do a Solo 401k and hit the 56k Limit with a Roth Contribution and then a company or profit sharing match...then convert that over to a Roth later. Is that what you're referencing? Thanks mjk

@@MarkJKohler Hi, Mark. In 401k plans offered by companies like Vanguard, Fidelity, etc. you'll be familiar with the Traditional vs. Roth sub-accounts. There's actually a 3rd type of sub-account called "After-tax 401k", which falls under the 401k but isn't subject to all of the QRP rules because contributions are after-tax (like Roth) but the gains are tax-deferred (like Traditional 401k). It does fall under the overall $56k annual cap for 401k (so, subtract your QRP contribution under the $19k cap, and the company's matching funds). Technically that $56k cap is intended to limit company matching funds, but it's now possible for employees to contribute to it above the $19k QRP cap, but without all the QRP benefits (and restrictions). There was a 2015 IRS ruling that allows this sub-account class to be rolled directly into Roth IRA, since it's after-tax money and technically a 401k retirement account. It doesn't have to pass through Traditional IRA and backdoor conversion (so existing pre-tax IRA funds don't create a pro-rated tax event). In versions of the plan that I've seen, this rollover is allowed once per 12 months but doesn't require separation of service. The gains are required to be distributed pro-rata (as normal), and they're pre-tax, so they do have to rollover into a Traditional IRA. The whole process triggers no tax events. For after-tax earnings that are destined for a normal investment account, it makes a lot of sense to steer that income into this After-tax 401k to really pump up the Roth fast and make the investments earn tax-free. With Mega Backdoor Roth, the strategy is to contribute only enough to Roth 401k to maximize the company matching funds, then direct as much as possible into the After-tax 401k account and do a rollover annually into a Roth IRA that you can then self-direct or move to a Solo Roth 401k. Although the name is similar to Backdoor Roth, Mega Backdoor Roth uses entirely different mechanisms. This isn't well-known at all, even among financial advisors, though you will find some articles and videos on it. In a company of 70,000, some of us have been doing it for years, and it's been pretty well researched and supported by the 401k provider. For folks approaching retirement with the ability to "stuff the mattress", it's an amazing tool.

@@hornbaker Thank you so much. I've asked for my partner to chime in. He is the real expert on advanced strategies on 401k contributions. Thank you so much for the info and your great attitude. :) mjk

I need you to be my financial advisor!

Maybe refresh your page or clear your cache, audio is working on my end! Sorry for the inconvenience!

I think you'd like Meet Kevin on youtube

Have you gotten property, yet? I suggest you join the REAPS and REIA in your area. They’ll provide and guide you to educational resources to teach you how to flip contracts (wholesaling) for no money and other REI opportunities once you get some income. However, expect some minimal business costs, though.

Can you just reply with yes or no?

If you roll it out to an IRA. My partner Mat talks about this in his book. It's simple, easy read and affordable. Check it out at www.sdirahandbook.com.