The Simple "Borrow til you Die' Tax Strategy

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  • เผยแพร่เมื่อ 22 พ.ย. 2024

ความคิดเห็น • 707

  • @HectorSnipes
    @HectorSnipes 5 วันที่ผ่านมา +609

    A wise individual understands that building wealth involves making smart investments, strategic tax planning, and informed financial decisions. While the stock market presents opportunities for growth, successfully capitalizing on them requires both skill and expertise.

    • @crystalcassandra5597
      @crystalcassandra5597 5 วันที่ผ่านมา +1

      Yes, stock investments have potential, but it's important to be cautious. That's why I recommend working with a financial advisor who can guide you on the best times to enter and exit the market.

    • @grego6278
      @grego6278 5 วันที่ผ่านมา +1

      Having an investment advisor is the best way to go about the stock market right now. I used to depend on TH-cam videos but it wasn't working. I’ve been in touch with an advisor for a while now, and just last year, I made over 80% capital growth minus dividends.

    • @lolitashaniel2342
      @lolitashaniel2342 5 วันที่ผ่านมา +1

      I'm glad I found this conversation. I just started earning six figures and need investment help. Can you share how to contact your advisor?

    • @grego6278
      @grego6278 5 วันที่ผ่านมา

      Her name is ' Diana Casteel Lynch ' Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

    • @BateserJoanne
      @BateserJoanne 5 วันที่ผ่านมา

      Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.

  • @ChristophersHoyts
    @ChristophersHoyts 12 วันที่ผ่านมา +324

    Bullish or bearish, AI stocks will still dominate 2024, even beyond. Why I prefer NVIDIA is that they are better placed to maintain long-term growth potential, and provide a platform for other AI companies. I know someone who has made more than 200% from NVIDIA. I'll also take these other recommendations you made.

    • @JuneTalley
      @JuneTalley 12 วันที่ผ่านมา +1

      I agree, just because the market presents opportunities doesn't mean we should rush in headfirst. For this reason, we should look for appropriate market analysis or guidance or seek advice from certified market strategists.

    • @LucaMurgia-j7b
      @LucaMurgia-j7b 12 วันที่ผ่านมา +1

      @@JuneTalley No doubt, having the right plan is invaluable, my portfolio is well-matched for every season of the market and recently hit a 100% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, tho this could take till Q3 2024.

    • @ChristophersHoyts
      @ChristophersHoyts 12 วันที่ผ่านมา +1

      @@LucaMurgia-j7b Can you share details of your advisor? I want to invest my increased cash flow in stocks and alternative assets to achieve financial goals.

    • @LucaMurgia-j7b
      @LucaMurgia-j7b 12 วันที่ผ่านมา +1

      @@ChristophersHoyts MARGARET MOLLI ALVEY is who I work with and she is a hot topic even among financial elitists. Just browse, you’ll find her, thank me later.

    • @ChristophersHoyts
      @ChristophersHoyts 12 วันที่ผ่านมา

      @@LucaMurgia-j7b I appreciate this. After curiously searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get.

  • @Hannahbenowitz
    @Hannahbenowitz 29 วันที่ผ่านมา +518

    The cheque i cut the government on my properties and investments are seriously eating into my project bufgets. It would hurt less if I received value for my taxes but healthcare still isn't cheap, my children's college tuition costs a small fortune, and my husband and I still have retirement to plan for. Right now the only solutioniwe see is to scale up my profits and with our limited knowledge, we are at a loss on how to do that.

    • @HildaBennet
      @HildaBennet 29 วันที่ผ่านมา +3

      Focus on two key objectives. First, stay protected by learning when to sell stocks to cut losses and capture profits. Second, prepare to profit when the market turns around.I recommend you seek the guidance a broker or financial advisor.

    • @FinnBraylon
      @FinnBraylon 29 วันที่ผ่านมา +2

      The stock market is unstable at the moment, but if you do the right math, you should be just fine. Strategists have been aiding folks in recording gains over 250k just in a matter of months, so I think there are alot of wealth transfer in this downtime if you have someone who knows where to look like i do.

    • @bartlyAD
      @bartlyAD 29 วันที่ผ่านมา +2

      One of my goals is to employ the service of an asset-manager this year. I've seen some off social media but wasn't able to get a response. Could you recommend one?

    • @FinnBraylon
      @FinnBraylon 29 วันที่ผ่านมา +1

      Don't be hesitant to contact Rebecca Noblett Roberts and follow her directions.

    • @FinnBraylon
      @FinnBraylon 29 วันที่ผ่านมา +2

      Mine's Rebecca Noblett Roberts. She turned out to be better and smarter than all the advisors I ever worked with till date, I’ve never met anyone with as much conviction.

  • @GraceOliviaf7y
    @GraceOliviaf7y หลายเดือนก่อน +264

    Tax laws can be so complex, and it’s super helpful to break them down like this. Understanding how different policies can impact our finances is crucial for making informed decisions.

    • @NikolasMartine01
      @NikolasMartine01 หลายเดือนก่อน

      Making profitable investments during this time of political change can be risky without that insight. For me, working with an adviser is the best first step to navigate these complexities and make informed choices.

    • @TeddyAlexanderv6
      @TeddyAlexanderv6 หลายเดือนก่อน

      I think having an investment advisor is the way to go. I've been with one because I lack the expertise for the market. I made over $490K during the recent dip, highlighting that there's more to the market than we average folks know.

    • @MatthewAidan4ns
      @MatthewAidan4ns หลายเดือนก่อน

      Hmmm this is quite interesting, Please can you leave the info of your investment advisor here? I’m in dire need for one.

    • @TeddyAlexanderv6
      @TeddyAlexanderv6 หลายเดือนก่อน

      Nicole Anastasia Plumlee can't divulge much. Most likely, the internet should have her basic info, you can research if you like.

    • @MatthewAidan4ns
      @MatthewAidan4ns หลายเดือนก่อน

      I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get.

  • @leondonald
    @leondonald หลายเดือนก่อน +541

    These frequent tax code changes are disrupting my long-term investment strategies. Are there ways to structure my investments to be more resilient to potential tax code modifications?

    • @SladeCirrincione
      @SladeCirrincione หลายเดือนก่อน +2

      I honestly think America needs a completely restructure of their political system. It is just not working. Trump and Biden being elected out of 300 million people to run the country is evidence for that too.

    • @Martina-Alan
      @Martina-Alan หลายเดือนก่อน +1

      This is why the US should elect more progressive politicians, who know how to manage budgets and give us (yes, pur country's initials literally spell out that pronoun) much better tax credits in return for better public education and better public healthcare. but since these are nonexistent, my husband and I are being guided to finance our retirement and healthcare through a diversified investment portfolioportfolio

    • @Pamela.George
      @Pamela.George หลายเดือนก่อน +1

      I'm intrigued by this. I've searched for financial advisers online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?

    • @Martina-Alan
      @Martina-Alan หลายเดือนก่อน +1

      Vivian Jean Wilhelm a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.

    • @Pamela.George
      @Pamela.George หลายเดือนก่อน +1

      Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.

  • @maiadazz
    @maiadazz หลายเดือนก่อน +231

    I am impressed with your update with these strategies, I am looking for tax efficient way to rebalance my $800k portfolio without triggering capital gain tax. what asset location strategies should i use?

    • @StephenLogan-g2v
      @StephenLogan-g2v หลายเดือนก่อน +1

      The best strategy depends on your financial situation, account types, tax bracket, and investment goals. Consult a financial advisor or tax professional to tailor these strategies for maximum tax efficiency.

    • @morgansofia
      @morgansofia หลายเดือนก่อน

      My advisor helped me rebalance my huge portfolio without triggering capital gains taxes by using tax-advantaged accounts and reallocating dividends and new contributions. They also recommended tax-loss harvesting and strategies to stay within my tax bracket. Q2 taxable divs this year was $17,388 thanks to her guidance. I maintained my desired asset allocation while minimising taxes.

    • @SusanAlice-o6k
      @SusanAlice-o6k หลายเดือนก่อน +1

      Real estate prices exploded, interest rates exploded, but my wage the same, i'm screwed !! who is the advisor guiding you please? I could really use some help right now

    • @morgansofia
      @morgansofia หลายเดือนก่อน +1

      “Sophia Maurine Lanting” is the coach that guides me, She has years of financial market experience, you can use something else but for me her strategy works hence my result. She provides entry and exit point for the securities I focus on.

    • @BrianJason-d3s
      @BrianJason-d3s หลายเดือนก่อน +1

      I just looked up this person out of curiosity, and surprisingly she seems really proficient. I thought this was just some overrated BS, I appreciate this.

  • @KarlMiller
    @KarlMiller 3 หลายเดือนก่อน +124

    Don't forget the attorneys, property managers, creating & maintaining corporate entities, diligence to make sure all yearly sales tax and meeting notes are filed, banking, accounting, taking tenant phone calls, fixing problems, carrying insurance, ... Not for the lazy.

    • @redeye1773
      @redeye1773 3 หลายเดือนก่อน

      .sure let your family pay for your disaster nightmare fools acting rich is over

    • @CPABusinessInsights
      @CPABusinessInsights 2 หลายเดือนก่อน +7

      All that and also what do you do if it's a down market? Borrow till you die doesn't always work. There is significant risk. Also if you live in a tenant friendly state like CA or NY, you are really screwed if the tenants decide to just live there for free for a couple of years. Then you loose rent for a 1-2 years, destroyed property, legal fees. Make sure if you get into real estate renting you don't get stressed lol.

    • @ViceCoin
      @ViceCoin 2 หลายเดือนก่อน +1

      Beats working at Walmart, living paycheck-to-paycheck, with health problems, and no insurance.

    • @KarlMiller
      @KarlMiller หลายเดือนก่อน +4

      ​@@ViceCoinif you are capable of executing this video's suggestions, then you are NOT choosing between working at Walmart and investing in real estate. It's a non-sensical comparison, and for those capable of generating extra income, choosing where you spend time makes a difference in your quality of life.

    • @borchelsijles8064
      @borchelsijles8064 หลายเดือนก่อน +1

      All of that ok. But deducting 100% of Air Stream? That's fishy.

  • @MesutMilleliri
    @MesutMilleliri หลายเดือนก่อน +294

    I got out of the real estate investing market about a year ago. I think its time to get into the stock market for a while. whats the best strategy to invest around 200K in this current market

    • @NoahNollens
      @NoahNollens หลายเดือนก่อน +1

      I got into stocks few years ago and my candid advice for a newbie like you is to seek help from market experts rather than TH-camrs.

    • @BrigetGstar
      @BrigetGstar หลายเดือนก่อน

      Agreed, I just use TH-cam for research purposes, I run all my major investment through an investment adviser, the market is just too unstable to handle things on your own. I have consistently restructure and diversify my portfolio/expenses and I’ve made over $3million in gains in close to a decade of having one

    • @NoahNollens
      @NoahNollens หลายเดือนก่อน

      I've been getting suggestions to use a market expert too, but where and how to find one has been challenging, Can i reach out to the one you use?

    • @BrigetGstar
      @BrigetGstar หลายเดือนก่อน

      My CFA *Julianne Iwersen Niemann* a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..

    • @MesutMilleliri
      @MesutMilleliri หลายเดือนก่อน

      Thank you for saving me hours of back and forth investigation into the markets... I simply copied and pasted her full name into my browser, and her website came up first in search results. She looks flawless.

  • @AGNESCHANG-u9h
    @AGNESCHANG-u9h 2 หลายเดือนก่อน +231

    I am impressed with your update with these strategies, I am looking for tax efficient way to rebalance my $800k portfolio without triggering capital gain tax. what asset location strategies should i use?

    • @PauleAraiza
      @PauleAraiza 2 หลายเดือนก่อน +3

      The best strategy depends on your financial situation, account types, tax bracket, and investment goals. Consult a financial advisor or tax professional to tailor these strategies for maximum tax efficiency.

    • @SabineCedor
      @SabineCedor 2 หลายเดือนก่อน +2

      Great video. Using the money, you get to make more money. Like I am doing with my multifamily apartments.

    • @j.l.salayao8055
      @j.l.salayao8055 หลายเดือนก่อน

      I'm impressed a SSSSSSSSSSCCCCCCCCCCCAMBUG SSSCCCCCCCCCCAAAAAAAAAAAAMMMMMMMMMMMMMEEEEEEEEEEEEEEEEEEERRRRRRRRRRRRRRRRRRRRRRRRR LIKE YOU IS IMPRESSED.

    • @AddilynTuffin
      @AddilynTuffin หลายเดือนก่อน +2

      Keep it simple, buy things you understand, take some risk but don't try to shoot the lights out. I currently have 75% SCHD and 25% ROTH IRA. Brokerage account is 40% VOO, 35% SCHD, 25% XLK. Combine balance ~$3.3m Less than 3 years until retirement.... I have about 400k in cash. My portfolio has yielded far more than I expected for my retirement. Kudos to my advisor.

    • @Dollrnri
      @Dollrnri หลายเดือนก่อน +1

      Real estate prices exploded, interest rates exploded, but my wage the same, i'm screwed !! who is the advisor guiding you please? I could really use some help right now

  • @markbrzezinski8889
    @markbrzezinski8889 3 หลายเดือนก่อน +33

    This is exactly what "experts" were saying just before the GFC.
    The problem is when the asset goes down and the so-called "return" disappears and the call comes from the bank.
    The properties are sold and you still owe the difference and you end up on the street, literally. I watched this happen to multiple people.
    Go for it. Pay this guy a fee!!!

    • @marywilbourne200
      @marywilbourne200 หลายเดือนก่อน +2

      Yup! It's just another marketing video🤑👹

    • @ketzbook
      @ketzbook หลายเดือนก่อน +2

      exactly

    • @TheOne-3
      @TheOne-3 หลายเดือนก่อน

      'If' the asset goes down.

    • @williamwolong1681
      @williamwolong1681 2 วันที่ผ่านมา +1

      Yes, the concept of smart borrowing, tho if I have money to pay back the note when the bank calls, then you can borrow otherwise don't.

  • @MickAlister
    @MickAlister 3 หลายเดือนก่อน +27

    FYI as a Financial Planner I thought I would correct this - Capital Gains are not capped at 15-10%. There is the Net Investment Tax. The net investment income tax (NIIT) is a 3.8% tax that kicks in if you have investment income and your income exceeds $200,000 for single filers, $250,000 for those married filing jointly or $125,000 for those married filing separately.

  • @AlecMuller
    @AlecMuller 3 หลายเดือนก่อน +36

    Debt is LEVERAGE, and getting caught on the wrong side of a market downturn can easily wipe you out. The quirk of leveraged traditional home mortgages is that borrowers don't get wiped out by 'margin calls' the moment they're under water.

    • @firebirdlover4460
      @firebirdlover4460 หลายเดือนก่อน +6

      A lot of people had this very thing happen during the 2008 housing crash using this very strategy he's pushing.

    • @smithjohn3080
      @smithjohn3080 หลายเดือนก่อน +2

      I was one of those people

  • @almantasj7698
    @almantasj7698 3 หลายเดือนก่อน +38

    Nobody seems to mention that they need to pay interest on the loan which effectively negates all Tax savings and instead of paying the Tax man, you pay the same or more to the bank.

    • @johnanon658
      @johnanon658 28 วันที่ผ่านมา +1

      Id like to see this objection addressed

    • @kgoodmanpt
      @kgoodmanpt 28 วันที่ผ่านมา +1

      If interest doesn’t exceed the tax savings combined with the asset appreciation, then this works out better off. In most cases, asset appreciation + tax savings + the reality most interest payments are absorbed by another entity (like a company), this works quite well.

    • @MichaelOrtega
      @MichaelOrtega 23 วันที่ผ่านมา

      @@johnanon658he literally talked about it at 2:47 interest… you didn’t watch the video?

    • @hackthehoneydolist
      @hackthehoneydolist วันที่ผ่านมา +1

      He literally talks about this in the first few minutes of the video

  • @SamsonKempston
    @SamsonKempston หลายเดือนก่อน +223

    Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got talking about investment and money. I started investing with $120k and in the first 2 months , my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and gets more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family..

    • @TylerMohn-g9l
      @TylerMohn-g9l หลายเดือนก่อน +1

      I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second daughter. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks.

    • @SamsonKempston
      @SamsonKempston หลายเดือนก่อน +1

      @@TylerMohn-g9l Quitting may not be the best approach if you ask me. This is where an AI comes into the picture. I barely have time to trade myself as my job swallows up most of my time. *MARGARET MOLLI ALVEY* , a licensed fiduciary whom has made me over 5 figures in profit in less than seven months, handles my investments. I could leave you a lead if you need help.

    • @TylerMohn-g9l
      @TylerMohn-g9l หลายเดือนก่อน +1

      @@SamsonKempston Oh please I’d love that. Thanks!

    • @SamsonKempston
      @SamsonKempston หลายเดือนก่อน +1

      @@TylerMohn-g9l *MARGARET MOLLI ALVEY*

    • @SamsonKempston
      @SamsonKempston หลายเดือนก่อน

      Lookup with her name on the webpage.

  • @OmegaMan17
    @OmegaMan17 25 วันที่ผ่านมา +4

    As an ex IRS tax compliance officer, I would advise, proceeding with extreme caution

  • @computacioncero
    @computacioncero 9 วันที่ผ่านมา

    Wow.....simplicity at its highest! Thanks for breaking it down into simple terms. I will be calling you soon.

  • @dq7143
    @dq7143 3 หลายเดือนก่อน +107

    What caught my eye was the video title ""Borrow til you Die". For some reason, I thought about what's happening with America and our national debt.

    • @TekkAmaku
      @TekkAmaku 3 หลายเดือนก่อน

      Obviously not what you had in mind

    • @hradynarski
      @hradynarski 3 หลายเดือนก่อน

      You are over thinking it.

    • @joedall4161
      @joedall4161 3 หลายเดือนก่อน

      Problem is that the US government is borrowing not so much to invest but instead to spend beyond its means. Recipe for disaster.

    • @timothystewart6672
      @timothystewart6672 3 หลายเดือนก่อน +4

      Hey man i thought the same thing. Screw those other guys. Lol

    • @amazaf
      @amazaf หลายเดือนก่อน +1

      Haha, I thought same thing.

  • @ketzbook
    @ketzbook หลายเดือนก่อน +11

    This ignores three things, 1) the risk involved in real estate (yes, prices can go down just like stock prices), 2) the incredible amount of time it requires, 3) the skill that it requires. I prefer a mix of stocks, long term managed real estate, and gold. Minimize your time spent and minimize your risk.

    • @KaiAndrew
      @KaiAndrew  หลายเดือนก่อน

      Absolutely, those options can work as well, but the returns are typically lower. It really depends on factors like age, risk tolerance, and financial goals. I understand that long-term real estate typically grows between 5-10% per year, and stocks are in a similar range. I don’t have extensive experience with precious metals, so I can’t speak to that. However, the properties I specialize in target returns of 100-1000%. While there is time and money required upfront, the workload significantly decreases once the investment is stabilized and running.

    • @ketzbook
      @ketzbook หลายเดือนก่อน +2

      @@KaiAndrew Thanks for the reply. What I mean is that anyone can invest in stocks and buy physical gold (always a small but important part of my portfolio), and most people could do long term RE without too much effort as long as there are good managers in the location, but what you do is profitable, risky, and not easy. If it were easy, more people would do it.

    • @Exorcistt94
      @Exorcistt94 23 วันที่ผ่านมา

      Physical gold is not the wisest option. We sell it because people don't understand markets and have an nostalgia and feeling of safety, when each time you buy an gold coin you pay premium 3-6% each time you buy it from mill or anyone else. But won't get back this few precents, because when you sell, you sell on gold market price.

    • @ketzbook
      @ketzbook 23 วันที่ผ่านมา

      @@Exorcistt94 It has nothing to do with nostalgia. Physical gold has more stable value than any fiat currency. It doesn't earn money, so it should be a small part of any portfolio, but it is a safe part. Buy bars, not coins. The buy/sell spread is more like 2%, and the price has gone up about 65% from my avg purchase price, so...

  • @gingerkilkus
    @gingerkilkus 3 หลายเดือนก่อน +224

    These frequent tax code changes are disrupting my long-term investment strategies. Are there ways to structure my investments to be more resilient to potential tax code modifications?

    • @JohnsonAshley-sy3lx
      @JohnsonAshley-sy3lx 3 หลายเดือนก่อน +4

      I honestly think America needs a completely restructure of their political system. It is just not working. Trump and Biden being elected out of 300 million people to run the country is evidence for that too.

    • @williamDonaldson432
      @williamDonaldson432 3 หลายเดือนก่อน +2

      This is why the US should elect more progressive politicians, who know how to manage budgets and give us (yes, our country's initials literally spell out that pronoun) much better tax credits in return for better public education and better public healthcare. but since these are nonexistent, my husband and I are being guided to finance our retirement and healthcare through a diversified investment portfolio

    • @foreverlaura-fq4eu
      @foreverlaura-fq4eu 3 หลายเดือนก่อน +3

      How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?

    • @williamDonaldson432
      @williamDonaldson432 3 หลายเดือนก่อน +2

      Annette Marie Holt is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.

    • @Franklin-gq4si
      @Franklin-gq4si 3 หลายเดือนก่อน +1

      I greatly appreciate it. I'm fortunate to have come upon your message because investing greatly fascinates me. I'll look her up and send her a message. You've truly motivated me. Thanks.

  • @kisms8590
    @kisms8590 หลายเดือนก่อน +1

    That's so brilliant. Can you share what the 3x asset is? 33% simple annual return is outperforming market. What are those assets?

  • @sarawilliam696
    @sarawilliam696 2 หลายเดือนก่อน +13

    I’m in Ohio and the housing market here over the last 7-8 years is unlike anything I’ve ever seen. Homes that were bought for $130K in 2015 are now being sold for $590k. I’m talking about tiny, disgusting, poorly built 950 square foot shit boxes in quiet mediocre neighbourhoods. Then you’ve got Better, average sized homes in nicer neighbourhoods that were $300K+ 10 years ago selling for $750k+ now. Wild times.

    • @PatrickFitzgerald-cx6io
      @PatrickFitzgerald-cx6io 2 หลายเดือนก่อน +3

      Home prices will come down eventually, but for now; get your money (as much as you can) out of the housing market and get into the financial markets or gold. The new mortgage rates are crazy, add to that the recession and the fact that mortgage guidelines are getting more difficult. Home prices will need to fall by a minimum of 40% (more like 50%) before the market normalizes.If you are in cross roads or need sincere advise on the best moves to take now its best you seek an independent advisor who knows about the financial markets.

    • @carssimplified2195
      @carssimplified2195 2 หลายเดือนก่อน +1

      Personally, I can connect to that. When I began working with a fiduciary financial counsellor, my advantages were certain. I got into the market early 2019 and the constant downtrends and losses discouraged me so I sold off, got back in Dec 2021 this time with guidance, Long story short, its been 2years now and I’ve gained over a million dollars following guidance from my investment adviser.

    • @KaurKhangura
      @KaurKhangura 2 หลายเดือนก่อน +2

      This is huge! think you can point me towards the direction of your advisor? been looking at advisory management myself.. seeking ways to invest and make more money with the uncertainty in the economy.

    • @carssimplified2195
      @carssimplified2195 2 หลายเดือนก่อน +1

      ‘’Aileen Gertrude Tippy’’ is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.

    • @KaurKhangura
      @KaurKhangura 2 หลายเดือนก่อน

      Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.

  • @aimeefarrington2143
    @aimeefarrington2143 หลายเดือนก่อน +1

    I don't understand how you were able to deduct the entire price of the airstream. I love this idea, just hoping for clarity. Thanks!

  • @BridgetMiller-
    @BridgetMiller- 2 หลายเดือนก่อน +10

    Because so many people overpaid for homes even while loan rates were low, I believe there will be a housing catastrophe because these people are in debt. If housing costs continue to drop and, for whatever reason, they can no longer afford the property and it goes into foreclosure, they have no equity since, even if they try to sell, they will not make any money. I believe that many individuals will experience this, especially given the impending mass layoffs and rapidly rising living expenses.

    • @FrancisWilliam-mv8tv
      @FrancisWilliam-mv8tv 2 หลายเดือนก่อน +4

      I advise you to invest in stocks to balance out your real estate, Even the worst recessions offer wonderful buying opportunities in the markets if you're cautious. Volatility can also result in excellent short-term buy and sell opportunities. This is not financial advice, but buy now because cash is definitely not king right now!

    • @Helen_white1
      @Helen_white1 2 หลายเดือนก่อน +3

      You're correct! With the help of an investment coach, I was able to diversify my 450K portfolio across markets and produce slightly more than $830K in net profit from high dividend yield equities, ETFs, and bonds.

    • @Agatha.wayne0
      @Agatha.wayne0 2 หลายเดือนก่อน +3

      Would you mind providing details on the advisor who helped you? saving for a pension through a corporate program since the age of 18. I hit greater tax along the road, so I increased my company pension with a SIPP (tax benefits). I'm now 50 and would love to expand my finances more aggressively; there are a few automobiles I still want to drive and a few mega-vacations that I still want to take.

    • @Helen_white1
      @Helen_white1 2 หลายเดือนก่อน +3

      Well, there are a few out there who know what they are doing. I tried a few in the past years, but I’ve been with Jessica Lee Horst for the last five years or so, and her returns have been pretty much amazing.

    • @DhanaPayar
      @DhanaPayar 2 หลายเดือนก่อน +2

      I located her, sent her an email, and scheduled a call; hopefully, she will reply because I want to start the new year off financially strong.

  • @Alternatezoid
    @Alternatezoid 2 หลายเดือนก่อน +20

    With a good investment plan that ensures steady income without any doubts I am prepared for a well organized retirement. I started investing in stocks 3 years ago and so far, I am making a good yield on my dividend.

    • @Alternatezoid
      @Alternatezoid 2 หลายเดือนก่อน +2

      Herman Jonas, a licensed FA has undoubtedly helped me make so much progress. He has guided me to identify key stocks, pinpointed strategic entry points, and provided risk assessments, ensuring that my decisions align with market dynamics for optimal returns.

    • @Aengel9
      @Aengel9 2 หลายเดือนก่อน

      To me, investing is not worth it and I know that's the same mindset holding me back from taking a step forward in my finances. It’s all gambling.

    • @Sammytammy192
      @Sammytammy192 2 หลายเดือนก่อน +1

      I’ll be clocking 47 soon and I want to put my finances in order and make better investment decisions. How can I get through to him?

    • @Alternatezoid
      @Alternatezoid 2 หลายเดือนก่อน +1

      Hermanw jonas that’s his gmail okay

    • @Sammytammy192
      @Sammytammy192 หลายเดือนก่อน +1

      Thanks for the lead. I was able to get in touch with him and we spoke at length. I'm getting started right away!

  • @peebow1000
    @peebow1000 3 หลายเดือนก่อน +2

    We have a similar boon with property purchases in Australia.
    This all demonstrates how money is just a game. Play within the rules, and filter all the money out of the masses.
    This truely is a rich get richer n vice versa scenario

  • @dannycarter4810
    @dannycarter4810 หลายเดือนก่อน +1

    So if I buy these overinflated rental properties do you pinky swear promise this tax benefit will make up for my lost equity?

  • @FunkInvesting
    @FunkInvesting หลายเดือนก่อน

    This is something I have been fighting. I hate how when we invest in things we don't get much out of it very quickly. Thankfully there is a new way to do it for those that know how!

  • @lookslikeme999
    @lookslikeme999 3 หลายเดือนก่อน +8

    We pay 20% interest on debt. Then you pay it off with income that's taxed at up to 45%.

    • @the_awaker_DJ
      @the_awaker_DJ หลายเดือนก่อน

      I am novice here. Are you talking about income tax returns?

    • @Bricksallday113
      @Bricksallday113 หลายเดือนก่อน

      I would say you pay a corporate tax (less then 45) on your income as a sole proprietor. But ya I get your point. There has to be a healthy profit margin there to battle all these obstacles. 300 percent return investments too, where do you find these? lol made it sound so simple.

  • @juancarloschavez7404
    @juancarloschavez7404 4 หลายเดือนก่อน +30

    I recently subbed to your channel and I hardly comment on YT, but these recent videos you posted are straight bangers with awesome value, clean edits w/ supplemental graphics, and actually provide use cases/numbers/tax codes for others to dig more into. Keep it up! I’m looking forward to catching up on your previous content & for the next video!

    • @KaiAndrew
      @KaiAndrew  4 หลายเดือนก่อน +4

      Thank you, sir. That means a lot. :)

    • @pauls064
      @pauls064 3 หลายเดือนก่อน

      Except if you listen to him, you’ll be bankrupt and have bad credit.

    • @juancarloschavez7404
      @juancarloschavez7404 3 หลายเดือนก่อน +2

      @@pauls064 everyone should do their own due diligence and consult with certified tax advisors before making huge financial decisions. But i generally think folks being more transparent about their finances, strategies and use cases is a net good. Do not take direct advice from the internet.

  • @quellcristfalconer9457
    @quellcristfalconer9457 2 หลายเดือนก่อน +7

    Saying that you use debt to buy businesses, while in the same breath saying buying stocks is akin to gambling and should not be considered an asset, is kind of a wild position to take. Buying purchasing shares of a company is tantamount to buying a business in a lot of respects. To be clear, ALL investments are gambles to a certain extent. But look at it this way, though there is a chance that someone using your methods could certainly yield high returns if everything is executed flawlessly and you throw a pinch of luck in there, but it's unwise to say that by doing so you're taking less risk than investing in a PG, JNJ, MSFT, or some other flawlessly ran company. I'd argue that they're better at running a business than majority of your audience, and have been doing so for far longer.

    • @KaiAndrew
      @KaiAndrew  2 หลายเดือนก่อน +1

      “For whatever reasons, markets now exhibit far more casino-like behavior than they did when I was young” - Warren Buffett, annual letter
      You must have forgotten 2000, 2008 and 2020. With your confidence in these ‘flawless’ companies you should be pulling out some personal loans and buying more stocks.
      Without understanding how to read financial statements, quarterly or annual reports, I’m sorry, you’re straight gambling. Comparing that to me (and others) learning and becoming a real estate builder, developer, investor and business operator over the course of two decades are not the same thing.
      If you’re investing in individual stocks and you’re not actually studying the companies and diversifying outside of stocks, you’ve been lucky for a relatively short amount of time - Godspeed.

    • @tharrrrrrr
      @tharrrrrrr 25 วันที่ผ่านมา

      flawlessly _run_

  • @emilymccord7063
    @emilymccord7063 19 วันที่ผ่านมา +23

    I am from Miami United State🇺🇸, The difference Mrs Lucy Mary Liam makes in my life is second to none it's definitely a life changing kindness. I really appreciate her effort in my life.

    • @watson244
      @watson244 19 วันที่ผ่านมา

      I invested $2,000 and the trade in one month making close to $20,000. I wonder where she got her analysis.

    • @macdenise3203
      @macdenise3203 19 วันที่ผ่านมา

      Seeing my broker talked on TH-cam, This was exactly how I got the recommendation about her for the past years. Hit $200k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started with $20k in July 2024

    • @carlosalberto54754
      @carlosalberto54754 19 วันที่ผ่านมา

      I'm from Brazil 🇧🇷 I and two other of my friends tried her immediately we testified her performing wonders.

    • @andycole258
      @andycole258 19 วันที่ผ่านมา

      Her good strategies of making large amount weekly profits for her clients are totally outstanding. Investing my $1500 with doubt and withdrawing $12,300 with happiness. I ❤️ you Lucy.

    • @nixon424
      @nixon424 19 วันที่ผ่านมา

      Thanks to my co_worker who suggested Mr Lucy Mary Liam to me

  • @davidhughes4785
    @davidhughes4785 4 หลายเดือนก่อน +5

    If an investor of leveraged short term rental property does not have enough money in case tenants trash the rental. Then the investor might not have enough cash flow to repair walls, doors, repaint, replace plumbing fixtures after a big party.
    The down time during repairs, can put the investor in a serious cash flow bind.
    To avoid foreclosure, the investor might sell damaged short term rental property for less than original purchase price.
    I don’t know….
    Would the investor still owe the difference? Or can he declare bankruptcy?
    Again I don’t know.
    Anyone who is successful as a property investor is highly skilled and blessed with good luck.
    To avoid these possible problems, an investor should have considerable cash or liquid savings to smooth out possible future snags.
    Cash flow can be tricky
    Good luck

  • @HarvickOne
    @HarvickOne หลายเดือนก่อน +1

    you just perfectly explained how low interest rate and quantitative easing sends inflation and wealth inequality sky high

    • @KaiAndrew
      @KaiAndrew  หลายเดือนก่อน

      No, that’s not correct. Low interest rates and quantitative easing are designed to stimulate the economy and encourage spending and investment; they don’t cause inflation. Printing $7 trillion and distributing it freely is what drives inflation.

    • @tharrrrrrr
      @tharrrrrrr 25 วันที่ผ่านมา +2

      ​@@KaiAndrew Please explain the difference between Quantitative Easing and "printing $7 trillion".

  • @iyuzhu
    @iyuzhu 22 วันที่ผ่านมา

    Key is “die”. If you don’t die, you still owe recapture taxes albeit at much lower cap gains. Didn’t know about the 100 rule though. Helpful

  • @Juhsga
    @Juhsga 26 วันที่ผ่านมา

    With all these deductions and having the home as a business, when you go to sell the property you'll have to deduct your sell price from your all the depreciation cost and if there is any left that's what you can pocket. This looks like a good opportunity for multifamily properties to run as a business but wouldn't it be better to gain the equity of the home and you can establish a trust for a alternative tax saving income?

  • @jojosim
    @jojosim 4 หลายเดือนก่อน +6

    Bros just giving out gems for free... I had to pay for some of this info

  • @nayomeer4736
    @nayomeer4736 หลายเดือนก่อน

    Wow this is such valuable information. I had always wondered why the Brrr method is such a benefit and utilized so much. Now I understand Robert K. This makes sense. Love it. I never understood why debt is good. Thank you so much for this video.

  • @SamoanMustang
    @SamoanMustang 22 วันที่ผ่านมา

    Thank you for the video and great advice. 🤙🏽

  • @randysretired2020
    @randysretired2020 3 หลายเดือนก่อน +1

    Off topic, but have you stayed in that earth sheltered home? I’m curious to know if it is as energy efficient as people claim.

  • @SimonCU
    @SimonCU 29 วันที่ผ่านมา +2

    Sorry I believe the deduction is different. If you bought a home for 100,000 your yearly deduction should be calculated as 100,000/29.5 years = $3,389.83/yr ... So every year you are suppose to deduct $3,389.83 from your income.

    • @BiOmniPolar
      @BiOmniPolar 24 วันที่ผ่านมา

      What if you are using accelerated depreciation and spreading a portion of that over 5-7 years instead of 29.5?

    • @SimonCU
      @SimonCU 24 วันที่ผ่านมา

      @BiOmniPolar sorry my mistake it's suppose to be 27.5 years.. I don't think IRS will allow you to divide it by 5-7 years.

  • @mantralife6620
    @mantralife6620 4 หลายเดือนก่อน +13

    Flip side is RE market values and rent tanks and down you go.

    • @garbizwal
      @garbizwal 3 หลายเดือนก่อน +2

      Do everyone a favor and plot those markets values over the last 70 years.

    • @chesshooligan1282
      @chesshooligan1282 3 หลายเดือนก่อน

      Yeah, the bubble popped in 2008, but the government stepped in, bailed everybody out, and said, "Don't worry, guys, we'll just stick it on the debt." At that point, the US wasn't $35 trillion in debt. The next time the bubble pops, there's a good chance you won't be able to stick it on the debt. There's a good chance the government will try to kick the can down the road one more time and the can won't budge. Do yourself a favour and plot a graph of median price houses versus median household income. If you want to get into the real estate business right now, go ahead, but you'll be picking pennies in front of a steamroller.

    • @american5564
      @american5564 3 หลายเดือนก่อน +2

      Rent never goes down. Ever

    • @firebirdlover4460
      @firebirdlover4460 หลายเดือนก่อน +1

      @@american5564 yes it does. And you could end up with no one choosing to rent from you .

    • @american5564
      @american5564 หลายเดือนก่อน

      @@firebirdlover4460 😂🤣👍🏻

  • @DANVIIL
    @DANVIIL หลายเดือนก่อน +2

    Doing this during a rising real estate cycle could work, but we are currently moving into a real estate crash in many markets, TX, FL etc. and you could get caught in a squeeze and lose your investment and have to eat the interest expense. There are no sure things in life, especially when our currency is losing purchasing power at over 30% per year, like right now.

    • @KaiAndrew
      @KaiAndrew  หลายเดือนก่อน +2

      It works across cycles if you play the long game. The key is having a long-term plan: as long as the property is a true asset (not a liability) and you can manage the loan servicing, you’ll ride through corrections. Think about the 2008 crash-if you bought at the peak in 2007 and held the property until today, would leveraging money then have been worth it? Absolutely.

  • @dnguyen787
    @dnguyen787 3 หลายเดือนก่อน +2

    In my experience, borrowing money against your home is the best strategy. You can use it and having tax write off as well. 🙂

  • @southernyankee2300
    @southernyankee2300 2 หลายเดือนก่อน

    What if you buy a long term rental property and you personally mow the lawn or you work on landscaping, wouldn’t you then qualify as putting in 100+ hours?

  • @uplink-on-yt
    @uplink-on-yt 22 วันที่ผ่านมา

    Let's see if I understand this: you apply depreciation on an appreciating asset? But that would increase your capital gains when you sell, compared to if you hadn't depreciated, right? But the idea is that it's up to your heirs so deal with that?

  • @Erikkurilla01
    @Erikkurilla01 หลายเดือนก่อน

    I think it's time to make it more appealing for potential buyers. Real estate can be quite the rollercoaster! the stress and uncertainty are getting to me. I think I'll cut rents to attract potential buyers and exit the market, but i'm at crossroads if to allocate the entire $680k liquidity value to my stock portfolio?

    • @jessicasquire
      @jessicasquire หลายเดือนก่อน

      'Overall, buyers hold a lot of the cards right now, and sellers are having to give out more concessions to close a deal." All the best, buying on sale is actually one of the best ways to invest in stocks, and advisors are ideally suited for such task

  • @jordandautelle2146
    @jordandautelle2146 หลายเดือนก่อน +1

    Does this work for student loans?

  • @100NPRE
    @100NPRE 18 วันที่ผ่านมา

    Can someone explain how does borrow at high interest rates can make a living? The last example, if he cannot make enough during the year to cover interests and other living expenses, how the 550k deductible can be used? In order to pay the interest and other expenses, I am guessing he has to make 200k at least. What if he can not make that much during the year? What will happen?

  • @joedall4161
    @joedall4161 3 หลายเดือนก่อน +10

    Stock investing if done right and for the long term is not speculative and has proven to deliver superior investment returns. On average approximately 10% per year versus 5% on real estate. Plus there is often significant property taxes, maintenance and insurance costs to real estate, positive cash flows are not easy and certainly not guaranteed. There are also the tenant risks of defaults and lawsuits. The advantage to real estate is leverage, however this comes with its own risks especially when it comes time to refinance. Not to mention the work and constant headaches that come with the responsibility of owning real estate.

    • @franko8572
      @franko8572 2 หลายเดือนก่อน +2

      You’re 100% right! 10% is the S&P, basically. My goal is to have 40% of a Multifamily building’s down payment in stocks. Then take out half for the down payment, and leave the other half invested. I would then put the money I made from the real estate back in stocks. After 7 years, I should have my initial stock portfolio back and have the real estate. It would take even less time to get back to my initial stock Investment because I’m using the real estate money to grow it. Then I would cash out refinance as the property value went up. I would take that money out, and invest it too. Keep doing that over and over.

    • @keletienne7947
      @keletienne7947 หลายเดือนก่อน

      Agreed. So many niggling little details as a landlord. If you bet big you do get bigger returns (like this guy) but the downsides are also huge. And like you said, one bad renter can make your 200k remodel look like loose change.

  • @Educationsupport
    @Educationsupport 3 หลายเดือนก่อน +5

    Dollars are a liability, debt is an asset. We live in a debt based economy.

    • @thomasbayer2832
      @thomasbayer2832 3 หลายเดือนก่อน

      get educated before opening your mouth

    • @BobbyYeck-u8k
      @BobbyYeck-u8k 3 หลายเดือนก่อน +1

      Debt is only an Asset for the Lender.

  • @123lowp
    @123lowp 3 หลายเดือนก่อน +1

    Real estate is YOLOing on margin for most people. I have no problem with YOLOing.

  • @ChadiAli-q1p
    @ChadiAli-q1p 4 หลายเดือนก่อน +4

    does this strategy also apply to making money from rental properties under your personal name

  • @BarsonlineOrg2013
    @BarsonlineOrg2013 หลายเดือนก่อน +1

    I borowed with a consumer credit @ fixed 2,8% here in EU and invested it in businesses (stocks) that compound. I didn't use some bank margin trading or whatever. A simple consumer credit, where th bank pays you effectively during periods of high Inflation. Properties are scam

  • @justgotdoozd8519
    @justgotdoozd8519 4 หลายเดือนก่อน +8

    I guess you are in fact borrowing to buy the assets, but the clear differentiator here is the cost segregation. You almost breeze over the interest expense which is the benefit of borrowing. At some point as rates creep up it gets at least challenging, at most damning.

    • @KaiAndrew
      @KaiAndrew  3 หลายเดือนก่อน +1

      Sorta. I just locked in a 30 year fixed at 6.9%. My cash is in the bank is giving me 5.1%. Interest is tax deductible so it's almost a net zero to borrow (if you have the cash). Regardless of the cash situation, if you're actually investing I hope you're looking at investments that provide you a higher return than 6-7%, otherwise you're doing something wrong.

    • @nstv23
      @nstv23 3 หลายเดือนก่อน +1

      5.1 for now it will eventually get lower again though.

    • @mrgoat5820
      @mrgoat5820 หลายเดือนก่อน

      ​@@KaiAndrew
      That was the cost of a hard money loan, just a couple years ago

  • @medicmike4906
    @medicmike4906 2 หลายเดือนก่อน +2

    So how does this work with Kamala's unrealized gains tax plan?

  • @painofanunamedsoul
    @painofanunamedsoul 3 หลายเดือนก่อน +3

    Walked into a room of rich folk sharing tips on how to avoid paying taxes... Oops... Ill just back up slowly.

  • @danielayalajr
    @danielayalajr 3 หลายเดือนก่อน +8

    Great video, but who really wants to pour so much time and effort into something as two-dimensional as money? There are easier and more effective ways to earn without the headaches and endless commitment. Many people suffer from greed, always chasing more when, in reality, you don’t need much to live comfortably. The world is what you make of it-everyone lives in their own reality and creates their own suffering. That’s why greed is one of the seven deadly sins. Warren Buffett one of the most successful investors does not mind paying taxes because making money is so easy for him. Good for thought. Give to Cesar what is Caesar’s.

  • @KevinSmith-qi5yn
    @KevinSmith-qi5yn หลายเดือนก่อน

    We are at a point when most of these taxes, tariffs, and fees aren't required to fund the government. With the advent of digital currency, having a 3~5% tax from each transaction will more than fund the US government. It would effectively tax the use of USD including offshore. This would eliminate the need for nearly all other federal taxes.

  • @joshuahoff1129
    @joshuahoff1129 21 วันที่ผ่านมา

    My question is how did you come up with the initial down payment on the rental house

  • @MatthewC137
    @MatthewC137 หลายเดือนก่อน

    Real estate is EXTREMELY illiquid compared to stocks and easily more speculative in many cases.

  • @BoundMusic
    @BoundMusic 25 วันที่ผ่านมา

    if i borrow 100k i don't pay tax on that borrowed money (that would be ridiculous) but I am paying the 100k i borrowed, the tax on the 100k and the interest to the bank. So what are you on about, saying "there's no tax on borrowed money" lol ?

  • @jimmyconway8025
    @jimmyconway8025 หลายเดือนก่อน

    Very clever!
    Love that house!

  • @OccultemTe
    @OccultemTe 4 หลายเดือนก่อน +3

    This only works as long as bonus depreciation remains a thing which is done after 2026 after reducing to 20% and then 0 in 2027, correct?

    • @martytro
      @martytro 3 หลายเดือนก่อน

      It’ll still work, you just won’t be able to deduct as much in the first year, you have to spread it out over its deductions time frame which ranges from 5-39 years depending on what it is as far as I know.

  • @curtmorehouse1
    @curtmorehouse1 4 หลายเดือนก่อน +2

    Why did you choose to show the highest possible w-2 tax rate (37%) but the lowest possible capital gains tax rate (15%) on your graphic when comparing the two types of taxes?

    • @KaiAndrew
      @KaiAndrew  3 หลายเดือนก่อน

      To help illustrate the difference between the two....

    • @orhbo0
      @orhbo0 3 หลายเดือนก่อน

      Because those are the people who need the tax strategies

  • @arturovaldez4862
    @arturovaldez4862 หลายเดือนก่อน

    Do you have to pay your monthly payments and interest rates on a loan? If not i am sold

    • @KaiAndrew
      @KaiAndrew  หลายเดือนก่อน

      Of course. Then don’t do it-haha. But the next time you drive down the street and see all the buildings, homes, hotels, and rentals, ask yourself: are all these investors and owners really going broke?

  • @overengineer7691
    @overengineer7691 29 วันที่ผ่านมา

    It's fundamentally the same strategy used by most corporations.

  • @1greenMitsi
    @1greenMitsi หลายเดือนก่อน

    'Investing in the stock market is risky and stocks shouldn't be considered assets'
    When your currency is not pegged to anything of value - yes it should
    Take a look at the risk adjusted yoy returns for the last 20-30 years for just the S&P. The game has changed; especially since 2008. Your Government has a license to print money, that means all assets inflate

  • @imunozdominguez
    @imunozdominguez 4 หลายเดือนก่อน

    Question: how is this strategy affecting your debt to equity ratio? Your purchasing power on another property?

    • @KaiAndrew
      @KaiAndrew  3 หลายเดือนก่อน

      Not much. The properties (and business) generate income so essentially cancels out the debt or adds to my income. If you buy properties that just sit there, that another story.

    • @imunozdominguez
      @imunozdominguez 3 หลายเดือนก่อน

      @@KaiAndrew I guess you buy them 20% down, with a lender that accepts rent appraisal.

  • @profvonshredder2563
    @profvonshredder2563 หลายเดือนก่อน +2

    He’s like the Inverse Dave Ramsey

  • @jimmyb5935
    @jimmyb5935 3 หลายเดือนก่อน

    i like this channel, but not sure what banks people are using , but not many banks are making loans right now

  • @rayne8158
    @rayne8158 3 หลายเดือนก่อน +9

    In Singapore you cannot borrow till you die. There is a limit to how much you can borrow across all agencies. Govt will ensure no one run into huge debts

  • @vicvict4172
    @vicvict4172 3 หลายเดือนก่อน

    Robert kiwasaki does the same thing . He did a interview and spoke of this . Rich dont pay taxes through debt .

  • @Falarde
    @Falarde หลายเดือนก่อน

    How do you don't pay taxes over the money that you use to pay the money borrowing?

    • @KaiAndrew
      @KaiAndrew  หลายเดือนก่อน +1

      Because you are taking 'paper losses' through bonus depreciation.

  • @hadassahknight1149
    @hadassahknight1149 4 หลายเดือนก่อน +8

    Lowering your taxable income WILL affect what you personally are qualified to borrow in round two. This goes unmentioned in the video and depending how effective you are, may come as a massive shock when you look to finance future property regardless of your credit score.

    • @KaiAndrew
      @KaiAndrew  3 หลายเดือนก่อน +6

      Nah, not true. Lenders and banks are sorta smart - they understand when there's someone who owns multiple businesses, has several properties and a lot of cash, there's probably a good reason why he/she has a lower taxable income. That's why they'll add back in depreciation (it's a paper loss, not real) and they'll look at your business books. Never caused me issues before except when I only had a single W2 income and only 'hard' deductions.

    • @hadassahknight1149
      @hadassahknight1149 3 หลายเดือนก่อน +1

      @@KaiAndrew can happen and has. And could happen to others who get their otherwise “high” w-2 tax bracket whittled down to single digits for the first time.
      Kinda like finding out some of your investment property repairs and upgrades will end up on 25+ year depreciation schedule. It’s still the right move, just surprises the hell out of you the first time…

    • @jeffsloan6946
      @jeffsloan6946 3 หลายเดือนก่อน +1

      Not if one uses DSCR financing . . .

  • @xxkingii
    @xxkingii 3 หลายเดือนก่อน

    This works great as long as your assets continue to increase and rates remain low. Good luck

  • @smsfsyd
    @smsfsyd 3 หลายเดือนก่อน

    and where do you get your positively geared investment property? Due to interest rates and the property prices, all I am seeing is negatively geared.

  • @miguelviau3163
    @miguelviau3163 หลายเดือนก่อน

    How do you make the payment on the $1M loan when the money is invested in an index fund?

  • @rannickcauthon1821
    @rannickcauthon1821 หลายเดือนก่อน

    Great strategy

  • @EL_Aura
    @EL_Aura หลายเดือนก่อน

    I wonder if there is a Canadian version of this!?

  • @nickrios5853
    @nickrios5853 4 หลายเดือนก่อน +1

    What was the rental revenue on these assets, and in what zip code?

  • @cibo23
    @cibo23 4 หลายเดือนก่อน +19

    Someone needs to remind this guy short term rental opportunity is long gone

    • @CarlosJimenez-jh5xz
      @CarlosJimenez-jh5xz 4 หลายเดือนก่อน

      Quit hating

    • @herblau1214
      @herblau1214 3 หลายเดือนก่อน

      Not gone but not as easy as people think either. Worth doing but lots of work to make it a unique enough property to be a good performer

    • @moontreecollective6718
      @moontreecollective6718 3 หลายเดือนก่อน +2

      @@CarlosJimenez-jh5xzhe’s not hating, he’s right, and many of Kai’s videos are just to sell his course and have very misleading info

  • @BrendaAlligood
    @BrendaAlligood หลายเดือนก่อน

    Great content, as always! A bit off-topic, but I wanted to ask: I have a SafePal wallet with USDT, and I have the seed phrase. (behave today finger ski upon boy assault summer exhaust beauty stereo over). How can I transfer them to Binance?

  • @seprarep
    @seprarep หลายเดือนก่อน

    And what money do you use to make all the payments on the loans??

  • @ShephardInvestments-o9z
    @ShephardInvestments-o9z 2 หลายเดือนก่อน

    The second thing people have to learn right after how to get rich, is how to stay rich. Dodging taxes (legally that is) is the biggest part of it.

  • @davidandrew8264
    @davidandrew8264 3 หลายเดือนก่อน +1

    Explain the difference between paying taxes and paying interest.

    • @collin9085
      @collin9085 3 หลายเดือนก่อน

      Especially when it is amortized with most of the payment going to interest at the first half of the loan period.

  • @LWRC
    @LWRC 29 วันที่ผ่านมา

    But you never mentioned how you came up with the $300,000.00 to do this investment for all the tax savings ! ! !
    Tax savings are but a small fraction of what you need to put up front to gain the real estate, service the debt and everything else associated with that investment not to metion the risk involved if anything goes south and you don't have the positive cashflow to service all the debt!

  • @krisvil1641
    @krisvil1641 4 หลายเดือนก่อน +10

    Kudos to your editor! How the video was put together sure is a work of art.😍

  • @snytty
    @snytty 26 วันที่ผ่านมา

    The tax code is severely messed up, when an honest primary income is taxed more aggressively than passive income

  • @DanielWyatt-x2e
    @DanielWyatt-x2e 17 วันที่ผ่านมา

    Frequent changes in the tax code are making it challenging to maintain my long-term investment strategies. Are there ways to structure my portfolio to be more resilient to potential tax adjustments?

  • @jz5005
    @jz5005 หลายเดือนก่อน

    How to finance the growing interest & tax on the interest (if it’s a related entity).

  • @danethomasbergman
    @danethomasbergman 4 หลายเดือนก่อน

    Dropping bombs like always! Looking forward to working with you and the team next year!

  • @borderm3
    @borderm3 หลายเดือนก่อน

    Where in the heck did you borrow 1M in 22 at 2.5% thats bonkers.
    What am I missing. Anyone that has 1M liquid knows they can get far more than 2.5% roi on almost anything, right?

  • @johndinsdale1707
    @johndinsdale1707 3 หลายเดือนก่อน

    Not from the US but Property and Land has fees for holding them and lots of legal/transaction fees. Where as index funds have very little fees and the capital gains are only when you sell. So I thought that 'Borrow till you die' was you use you holdings as collateral and refinance when its cheap to?

  • @simpleliving5389
    @simpleliving5389 4 หลายเดือนก่อน +2

    so why buy a airstream over a rv.
    than you could use the rv to rent out ot people anywhere they want it.
    just a idea I'm thinking about doin.

    • @j.l.salayao8055
      @j.l.salayao8055 3 หลายเดือนก่อน

      Airstream is an RV=recreational vehicle.

  • @giuliobuccini208
    @giuliobuccini208 หลายเดือนก่อน

    You forgot to mention tha real-estate properties needs a lot of maintenance work.
    If your roof is leaking then you can spend one year of incomes to fix it. In the meanwhile the bank knock at your door for the mortgage...

    • @KaiAndrew
      @KaiAndrew  หลายเดือนก่อน +1

      That’s like saying, ‘Don’t start a business because you’ll have to manage customers and handle payroll…

  • @mangensukilufya1233
    @mangensukilufya1233 หลายเดือนก่อน

    What about the interest of borriwing money? Isnt a disguised form of tax? Just asking❤😂😂

  • @drd4059
    @drd4059 4 หลายเดือนก่อน +276

    This guy makes used car salesmen look respectable.

    • @jerrylance4932
      @jerrylance4932 4 หลายเดือนก่อน +10

      Bingo!

    • @KaiAndrew
      @KaiAndrew  3 หลายเดือนก่อน +56

      In what way? Sharing a legit tax strategy used by millions or was it me plugging a legit accounting service on my channel...😘

    • @dq7143
      @dq7143 3 หลายเดือนก่อน

      @@KaiAndrew This strategy is new to people. The majority only get tax money from the government by overpaying their estimated tax on their paycheck.

    • @DrKnowsMore
      @DrKnowsMore 3 หลายเดือนก่อน +1

      😆

    • @bob1234881
      @bob1234881 3 หลายเดือนก่อน +1

      I agree. Trouble is my brother in law has lots in saving but can't see to invest.

  • @Obsessed.WithMoney
    @Obsessed.WithMoney 3 หลายเดือนก่อน

    Great video, thanks for sharing!

  • @Diamondusa7
    @Diamondusa7 3 หลายเดือนก่อน

    I'm ordinary income taxed at 12%. Head of household low income.

  • @talus007
    @talus007 3 หลายเดือนก่อน

    I may have to watch this again