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Clean high quality video awesome keep up the good work

Hi I would like to know about leverage short eft. Please make a video for it. Thanks

I'm pre diabetic. Cant afford ins. When I get full diabetes I won't be treated. I will allow myself to die. No preaching about community health centers. They are awful.

I have to choose a place to live OR insurance.

What do you do when you had fallen embezzlement done? I need an attorney for Massachusetts.

Title screen has typo -"burdons" should be "burdens"

Hi, I liked your videos. Your tutorials of the art retouching studio are so useful. I had searched on your website, instagram and facebook for checking. I thought you were facing economic issues. I hope you are alright. Thank you.

How many times in a year can you take profits out of an ETF?

what about putting House into a trust that specifies transfer to child when parents die?

via filing through turbotax and TaxAct we do not need EFIN and PTIN to file ?

life estate is what I have. why didn't you mention this?

Best video on this topic! Thank you!

What if I sell an inherited property immediately but it is sold below fair market value at a loss. Can I deduct the difference from my taxes?

For a professional, offering TH-cam advice, would it not be wise to state some important facts at the beginning of the video: Country, state, year and a disclaimer that all information is current at the time of posting? I just watched this video in Canada, three years later, and none of this information is accurate. I was three minutes into the video before discovering if this was USA or Canada content.

For my small bit of assets I'm using a TODD (Transfer On Death Deed) for my home and a POD for bank accounts. No need for probate or a trust. I realize everyone's situation is different though.

This is all resumed as such: we always lose.

I used taxslayer for my 2021 taxes, and it was great. Then used it for 2022 taxes, and I somehow owed the fed gov 18 dollars… idk what happened

Put it into a living trust. Once they pass away, its yours 100% no questions asked and no tax burden. Its your house. The property taxes will probably increase however.

Please yes or no

How about a lease/purchase agreement aat market value or assessor's value with annual payments equal to the allowable non-taxible gift amount, such payments due to the parent or extate upon death?

taxation is theft

This is a few years old. Therefore get current information

These laws are the reason we need to completely overhaul the tax codes …we pay enough with sales tax, property tax, and income tax. Scrap inheritance taxes, capital gains taxes, and luxury taxes …

"banks are evil"...amen!

Dude learn to spell!

Beneficiary deed

So helpful!! Thanks!

It's bull shit , isn't that communism? all while government officials become millionaires.

Excellent!

@05:30 totally false on that. stop spreading false information about poor w/high tax rate, totally false there.

Good video.

I am moving to a new country for healthcare! Problem solved!

I spent a good part of my early adult life as a single parent, making below 10k annually. I never rented anything but my apartment. Never went to a check cashing or title loan or any of that other nonsense. The problem with many people is prioritizing needs over wants. You and your children need a roof over your heads, food to eat and clothes to wear. You need to get back and forth to work and school. You can do all of these things within your income. It's extremely hard. But all of these avenues mentioned that are a guise for helping are preying on your desperation. It's hard seeing others seem to live a better or easier life. But you have to understand that every situation is temporary. You won't always be broke. You don't have to resort to criming or letting hucksters crime you. You are good and smart and you will be okay. Thank you for your channel. It's amazing. Love your retirement and trust information.

My wife will receive her mother's house from a revocable trust when she passes. It's all paid off, no liens or mortgages. My wife and I are actually living in the house with her mother now (have been since 2016). I understand the step up in basis at date of death, that's not an issue. The question is, when we go to sell that house, how does exclusion 121 work? Meaning do we have to live in that inherited house for 2 years after death to benefit from the $500k 121 exclusion (married filing jointly)? . For example, when you receive stocks from an inheritance, they are looked at as a long term capital gain regardless of how long you hold that stock (meaning you could sell same day as it's considered long term). Does that make sense? I was just thinking if we hold the house for a year and then sell it. We make let's say $250k in gains from the step up in basis. Come tax time does the 121 exclusion rules apply (or do we have to live in the house for 2 years after it's inherited)? Hope this makes sense 🙂

Excellent graphics and presentation

Ohh my goodness thank you soooo much!! I wish l at least was 10 yrs younger !! All this knowledge I wish I knew 10 years ago 😮

About to lose my medicaid, & won't make enough to afford insurance. If I get in a million $$ health situation, I am gunna face it, I had good run & let myself die.

Nobody can become financially successful over night. They put in background work but we tend to see the finished part. Fear is a dangerous component, hindering us from taking bold steps we need in other to reach our goals.

This was a great video!

What if the house is paid for but parents had a home equity loan? When the parents pass away do the children have to pay that home equity loan or is it like credit cards that can be canceled?

My mortgage free house is in my trust. If I leave it to a friend, what about the property taxes? Will the taxes be re-assessed?

How come no one discusses how much a pain in the ass it is trying to get a claim going? You may be paying for coverage at work but they dont help you through the process. All these 3rd party companies are ridiculous.

Thank you Very informative

If you are in a state that allows it and the heirs are in agreement with it you might want to look at a Lady Bird Deed. Up front cost are minimal, no probate, grantor maintain control of the house till death, live in a house for 5 years sell for less than 500,000 no capital gains tax. Of course, Lawyers don’t like talking about it because they make less money on it.

I was an Amazon seller, it wasn't bad few years ago. Now it's non stop rules and regulations, as the vendor you're the who gets burnt on returns. They will freeze your account, then not pay you, but expect you to keep shipping, plus continue taking their fees. You pretty much have to monitor it twice daily, it sucks up a tonne of time, but doesn't properly reward you. Not worth the effort anymore.

Very well done vid. My mothers home, which my wife and i live in as well, is in a Trust Fund for me. But i'm still concerned that smthng can go wrong upon her passing. What do i do when that time comes?

Why is it so hard to find out if you have to pay taxes if you inherit a PAID FOR HOUSE and you just wanna keep it and live it?? I have literally found the answer to 100 other Obscure possible situations. But the most basic situation. Inheriting and living in it. It’s like there is no information on it. 🤷🏻‍♂️

"legal responsibilities:" then lists a bunch of totally non legal matters

Thank u ..pls pls help me to get my assets .my late husband no will .sorry about that

What happens to the Quit Claim deed if it is never executed and the seller dies? How do the buyer get found out that they are using the sellers disabled benefits on the property tax?