Hi Karlton, when you buy the property and if you plan to do remodelations, is it better to do the cost segregation first and then the remodelations? If you already did the remodelations and get the cost segregation after is that bad? I am thinking that if you do the cost segregation first you are getting the benefits twice because you can do it again after remodelations, is that correct?
I've lived in America and Canada. Paid about the same in taxes but get way more for my taxes in Canada. Most Americans hate the government (hate giving them their money even more) because they've never experienced good governance.
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.
Wealthy people do not "keep this information behind closed doors", the public school system does. Wealthy people actually are the ones that teach us this information.
I disagree. The information is published and shared openly in the tax code if you bother to read it for yourself rather than wait for someone to tell you. You are responsible for your own education. No one source can teach you everything you need to know to survive and thrive.
If "I" am responsible for my own education then "I" should have been allowed to dictate what and when I learn. Since the public school system dictated what and when I learned then they should have at least explained the basics of the economy, money, & investment vehicles/strategies. Oh, not to mention how to even adult in general SMH.
I Hit 110k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started last month 2024. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject. thanks to Kimberly Ann Doran for helping me achieve this .
Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super..
Thanks for the info brother. As a nurse , i often discuss financial aspect with my coworkers and let ne tell you that almost around 90% are part of the non educated group when it comes to taxes. I work with the hardest working people i know and i wish for them someday including me to master these loopholes 🙏
Great info Carlton! You are the best! I love all your content and everything you speak of is the way awesome people should help others with getting familiar with the game!
Ok, I see your point. But can I know as a small investor, investing in specific Real Estate stock can bring benefits for W2 taxpayers? Can IRS consider Qualified dividends instead of Ordinary Income after holding up to a year? Curious to know
Believe that Jesus Christ died and resurrected for you by God The Father, and love one another: you shall have eternal life in the world that is to come.
Appreciate your continued dedication to helping average folks try to build wealth and not get rekt in the process, I love your confidence so keep shrugging off the naysayers. Your experience is clear and I look forward to your pragmatic and bullish viewpoints in a world that’s increasingly easy to get caught up in the constant negativity and bearish sentiment.... Long & short-term trading is generally safer, allowing investors to weather market volatility. I have managed to grow a nest egg of around 100k to a decent 432k in the space of a few months... I'm especially grateful to Evelyn Infurna, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
Evelyn goes deeper than just looking at surface-level trends. she explores technical, fundamental, and sentiment analysis, offering a comprehensive perspective on the market..
The principles spoken about here sounded like what it takes to get to financial nervana except the short term rental thing exclude that sounds like a nightmare to me long term rentals only.
Love this video and agree with Karlton on everything but would make one change. Taxes come down to both how you make and how you spend your money-since we’re taxed at both ends. Otherwise, great video.
And what about depreciation recapture? The moment you sell the asset, Uncle Sam takes back all the incentives he “loaned” you. If you want out of the real estate investing game, it’s a hefty price isn’t it?
I'm not trying to rain on your parade but this is slightly misinformation or at least half truths. For example you can't take a deduction for business travel unless it's ordinary and necessary in your business so you will need to justify how you need to do it for your business (its probably less likely to be checked by the IRS but you can't just live your life through a business. That's just tax fraud). You also can't take a loss for rental business against other income unless you can prove it's active which means you pretty much have to do it for a living. I fear that some of your strategies can land people in hot water if they ever get audited and I understand that you are trying to sell a product but I would encourage people to speak with a reputable CPA to assess the risks before implementing these strategies.
You’re 10000% my fav TH-camr now. I’ve been following for a while to gage your information. Ive watched ALOT of finance/tax TH-camrs but your videos are top tier. My parents made a lot of money and gave me things. However they didn’t teach me anything about money except “get a job and save.” I also share your videos in the family chat. Thanks!!🙏 great video
From $37K to $65K that's the minimum range of profit return every month I think it's not a bad one for me, now I have enough to pay bills and take care of my family. ❤️>>
Trading crypto now should be wise, but trading without an expert isn't advisable. I tried trading on my own but keep on losing. I think I'll give her a try
If i had not experienced this myself I would have said this is all lies but I've made withdrawals a few days ago and that's one thing I find difficult and impossible with other brokers.
Also about the Tax System it favors real estate and business owners. Also if you register as an S-Corp or C- Corp since they will have to put themselves on a reasonable wage for your business industry rate. They pay self employer not self employment tax. Also the former is tax deductible for the owners.
DEPRECIATION is available even if you pay 100% cash on your real estate investment. "Leverage" /the amount you borrow has NOTHING to do with depreciation!
This is a little misleading. It is very hard to be eligible to deduct your real estate losses against W-2 income. You need to be considered a real estate professional, which has a fairly high bar. Otherwise, any losses cannot be used to offset W-2 or 1099 income. Look up the passive activity loss rules. Do not go out and buy a rental property expecting it do this without talking to a qualified CPA.
Thank you for joining me in calling out KD. He is getting a lot of people in a bind IMO. Short term tax plannin/cash flow planning to build a gigantic deferred tax liability or make a foolish investment
not only that, they must open an llc or s corp, and be able to buy/transfer title property under your business entity which most people don't know, is very difficult with every working components involved with it lol
Well, I picked the challenge to put my finances in order. Then I invested in cryptocurrency, stocks, through the assistance of my discretionary fund manager
Talking in Platitudes & beating around the bush, never getting to the point…Diesn’t know the !st thing about Taxes…Real Estate Losses, unless one is a Real Estate Prof. are NOTDeductible against Business income or wages, except up to 25K, provided the AGI PHASE OUT DOSENT KICK IN
Haha make sure you understand that when he says game you get the part that taxes are more like penalties and your being targeted lmaoo. The wealthy want you wealthy. Get wealthy and focused!
I have some philosophical disagreements with the fact that people purchase housing simply to save money on taxes. They're incentivizing housing the wrong way. This is people's lives we are talking about.
Is it true us , didn't have a tax system til 19 20 ?. Right started because of war. ? They was supposed to eliminated after the war. But never did. 😂 true or false?? Just asking
Venturing into crypto as a newbie was very difficult due to lack of experience which resulted in loosing funds......... But Evelyn Manson, restored hope shes a good woman
I'm so grateful that my one stop shop, turnkey one-time investment will provide me with the passive income to be able to have a better understanding of the tax system.
Freedom law school would end this guy's career. But you normies will be too scared to believe. Or you can research Brandon joe Williams. Thank me later.
Subscribe to the channel to help us reach 1 million subscribers!!!
Ok!
I’ve watched many CPAs prove your techniques and advice would land people in hot water and is fraud and tax evasion
Please stop
Hi Karlton, when you buy the property and if you plan to do remodelations, is it better to do the cost segregation first and then the remodelations? If you already did the remodelations and get the cost segregation after is that bad? I am thinking that if you do the cost segregation first you are getting the benefits twice because you can do it again after remodelations, is that correct?
I've lived in America and Canada. Paid about the same in taxes but get way more for my taxes in Canada. Most Americans hate the government (hate giving them their money even more) because they've never experienced good governance.
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.
Wealthy people do not "keep this information behind closed doors", the public school system does. Wealthy people actually are the ones that teach us this information.
1000% !!!
I disagree. The information is published and shared openly in the tax code if you bother to read it for yourself rather than wait for someone to tell you. You are responsible for your own education. No one source can teach you everything you need to know to survive and thrive.
What if the information in this video is actually irrelevant to most? Most Americans shouldn’t be filing.
@@cameronpresley5771 Hmm. So when do u say it is necessary to file?
If "I" am responsible for my own education then "I" should have been allowed to dictate what and when I learn. Since the public school system dictated what and when I learned then they should have at least explained the basics of the economy, money, & investment vehicles/strategies. Oh, not to mention how to even adult in general SMH.
I Hit 110k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started last month 2024. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject. thanks to Kimberly Ann Doran for helping me achieve this .
Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super..
The very first time we tried, we invested $2000 and after a week, we received $9500. That really helped us a lot to pay up our bills.
You trade with Kimberly Doran too? Wow that woman has been a blessing to me and my family
I'm new at this, please how can I reach her?
I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much.
What about those of us without property and lower income LLC owners? How do we minimize our tax liability?
TRUST!
Damn I wished they taught this in school. Thank you for sharing knowledge in a simple, understandable way.
Absolutely an amazing video. Thank you so much! I’ve been telling people this for years, and you just laid it out in a super easy way to understand.
Thanks for the info brother. As a nurse , i often discuss financial aspect with my coworkers and let ne tell you that almost around 90% are part of the non educated group when it comes to taxes. I work with the hardest working people i know and i wish for them someday including me to master these loopholes 🙏
💯
Clear and to the point. Easy to follow. I think I can learn from you sir! Subscribing
Thank you broh. This was helpful.
Great info Carlton! You are the best! I love all your content and everything you speak of is the way awesome people should help others with getting familiar with the game!
Ok, I see your point. But can I know as a small investor, investing in specific Real Estate stock can bring benefits for W2 taxpayers? Can IRS consider Qualified dividends instead of Ordinary Income after holding up to a year? Curious to know
Believe that Jesus Christ died and resurrected for you by God The Father, and love one another: you shall have eternal life in the world that is to come.
This has been enlightening. 😊
Very clear!!!! Thank you... Well, done!
This is so deep!!! Thank you so much for sharing!!!
And one cannot claim Travel, Transportation or Meals as Expenses unless these are Business Related…
Or education or recovery related
Thank you very much for your insight
Thank you!👊🏽🥃 keep it coming we’re listening.
Appreciate your continued dedication to helping average folks try to build wealth and not get rekt in the process, I love your confidence so keep shrugging off the naysayers. Your experience is clear and I look forward to your pragmatic and bullish viewpoints in a world that’s increasingly easy to get caught up in the constant negativity and bearish sentiment.... Long & short-term trading is generally safer, allowing investors to weather market volatility. I have managed to grow a nest egg of around 100k to a decent 432k in the space of a few months... I'm especially grateful to Evelyn Infurna, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
Use her name to quickly conduct an internet search.
SHE’S MOSTLY ON TELEGRAMS APPS WITH THE BELOW NAME.
@Infurnaevely1
I appreciate the professionalism and dedication of the team behind Francine's trade signal service.
Evelyn goes deeper than just looking at surface-level trends. she explores technical, fundamental, and sentiment analysis, offering a comprehensive perspective on the market..
SO TAP INTO REAL ESTATE? BET 🔥🔥🚀
The principles spoken about here sounded like what it takes to get to financial nervana except the short term rental thing exclude that sounds like a nightmare to me long term rentals only.
Can you do all this without taking out a loan?
Thank you for sharing!🔥
Thank you sir!
Thank you so much for the insight.
Please update these on SPOTIFY
Thank you Karlton.
Love this video and agree with Karlton on everything but would make one change. Taxes come down to both how you make and how you spend your money-since we’re taxed at both ends. Otherwise, great video.
Does homeownership give similar tax breaks?
Wow! Thanks for this information.
part one: own a profitable business
And what about depreciation recapture?
The moment you sell the asset, Uncle Sam takes back all the incentives he “loaned” you.
If you want out of the real estate investing game, it’s a hefty price isn’t it?
If I rent a room in my house, that is my primary residence can I use that as the 7 day loophole?
I'm not trying to rain on your parade but this is slightly misinformation or at least half truths. For example you can't take a deduction for business travel unless it's ordinary and necessary in your business so you will need to justify how you need to do it for your business (its probably less likely to be checked by the IRS but you can't just live your life through a business. That's just tax fraud). You also can't take a loss for rental business against other income unless you can prove it's active which means you pretty much have to do it for a living. I fear that some of your strategies can land people in hot water if they ever get audited and I understand that you are trying to sell a product but I would encourage people to speak with a reputable CPA to assess the risks before implementing these strategies.
This is the same way Trump does not pay taxes. He used his loopholes...And you dont have to lie if you can present receipts. No bubble bursted here.
Would I need to invest in properties as an LLC to decrease W2 income?
leverage
If you buy a short term rental mid year, from what I have read you have to prorate the depreciation. Is there a way around that?
You’re 10000% my fav TH-camr now. I’ve been following for a while to gage your information. Ive watched ALOT of finance/tax TH-camrs but your videos are top tier. My parents made a lot of money and gave me things. However they didn’t teach me anything about money except “get a job and save.” I also share your videos in the family chat. Thanks!!🙏 great video
His videos are top notch for sure! As for his tax advice......mmmm. suspect at times
Awesome channel 👌🏽
Great video thanku
Good video informative
What happened if it's land? Do you still get the same leverage?
Excellent
From $37K to $65K that's the minimum range of profit return every month I think it's not a bad one for me, now I have enough to pay bills and take care of my family. ❤️>>
All I do is simple I just activate my account to copy trades from Evelyn Manson and that's all
Trading crypto now should be wise, but trading without an expert isn't advisable. I tried trading on my own but keep on losing. I think I'll give her a try
Who do you copy from and how can I reach her to copy too??
If i had not experienced this myself I would have said this is all lies but I've made withdrawals a few days ago and that's one thing I find difficult and impossible with other brokers.
May God bless Evelyn Manson, she have changed thousands of lives globally
Also about the Tax System it favors real estate and business owners. Also if you register as an S-Corp or C- Corp since they will have to put themselves on a reasonable wage for your business industry rate. They pay self employer not self employment tax. Also the former is tax deductible for the owners.
Sorry, all of this just seems too good to be true. I’m a single mother trying to keep food and the lights on. I do thank God that we are healthy!
DEPRECIATION is available even if you pay 100% cash on your real estate investment. "Leverage" /the amount you borrow has NOTHING to do with depreciation!
Can someone comment on the phase out of bonus depreciation.
Boy, I need to try and afford them.
Good stuff
Love you for educating everyone on tax strategies!
I stopped at secrets. Ain’t no secret no more
Do you know someone who ever filed form 4029
This is a little misleading. It is very hard to be eligible to deduct your real estate losses against W-2 income. You need to be considered a real estate professional, which has a fairly high bar. Otherwise, any losses cannot be used to offset W-2 or 1099 income. Look up the passive activity loss rules. Do not go out and buy a rental property expecting it do this without talking to a qualified CPA.
Thank you for joining me in calling out KD. He is getting a lot of people in a bind IMO. Short term tax plannin/cash flow planning to build a gigantic deferred tax liability or make a foolish investment
not only that, they must open an llc or s corp, and be able to buy/transfer title property under your business entity which most people don't know, is very difficult with every working components involved with it lol
How can I hire you to do my taxes?
I love when you go in dark mode.
How do most of you guys still make profit, even with the downturn of the economy and ever increasing life standards
Well, I picked the challenge to put my finances in order. Then I invested in cryptocurrency, stocks, through the assistance of my discretionary fund manager
Someone like expert Nancy Williams Laplace
Omg! Nancy's strategy has made winning trades a regular occurrence for me as well! It's a huge milestone when I think back on how it all started.
Amazing! I'm so surprised to see Ms. Nancy being mentioned here under this comment!
I watched countless trading vids and still encountered many failures until Nancy started managing my trades
Thank you Lord Jesus for the gift of life and blessings to me and my family $14,120.47 weekly profit Our lord Jesus have lifted up my Life!!!🙏❤️❤️
I'm 37 and have been looking for ways to be successful, please how??
Sure, the investment-advisor that guides me is..
Mrs Kathy lien
Same, I met Kathy lien last year for the first time at a conference in Wilshire, after then my Life has changed for good.God bless Kathy lien
Her services is the best, I got a brand new Lambo last week and paid off my mortgage loan thanks to her wonderful services!
So many bots in the chat must mean he's made it to the big time!
Excelente gracias 🙏🏼
Stop the 🧢 Jasmine DiLucci has reviewed your videos 😂💀
PRINT MONEY TO BUY BONDS TO PRINT MORE MONEY TO BUY MORE BONDS TO PRINT MORE MONEY LMAOOOOOO 😂😂
A lot was said but nothing was taught
Click bait
No mention of a 1099C? This guys farming youtube lol
The GOVERNMENT does NOT take your property if you do not pay your loan. The BANK/LENDER does. Why are you saying the Government does young man?
He’s loosely speaking about tax liens/deeds
@taxleverage has been calling out bs on a lot of your content.
Talking in Platitudes & beating around the bush, never getting to the point…Diesn’t know the !st thing about Taxes…Real Estate Losses, unless one is a Real Estate Prof. are NOTDeductible against Business income or wages, except up to 25K, provided the AGI PHASE OUT DOSENT KICK IN
Tax attorney is destroying this dude on a different channel. Buyer beware.
Mark Kohler? They did a podcast together
@@SgtSam1 No Jasmine Dilucci. Her channel is "Tax Leverage."
Haha make sure you understand that when he says game you get the part that taxes are more like penalties and your being targeted lmaoo. The wealthy want you wealthy. Get wealthy and focused!
🔥🔥🔥🔥🔥
I have some philosophical disagreements with the fact that people purchase housing simply to save money on taxes. They're incentivizing housing the wrong way. This is people's lives we are talking about.
Is it true us , didn't have a tax system til 19 20 ?. Right started because of war. ? They was supposed to eliminated after the war. But never did. 😂 true or false?? Just asking
If anyone gives you a WhatsApp number it’s a scam😂😂
I'm favoured financially with Bitcoin ETFs, Thank you buddy. $63,700 by weekly profit regardless of how bad it gets on the economy.
Venturing into crypto as a newbie was very difficult due to lack of experience which resulted in loosing funds......... But Evelyn Manson, restored hope shes a good woman
Her name rings a bell; I've encountered it multiple times, usually associated with stories of her trading achievements. She deserves a lot of credit.
She's mostly on Telegrams, using the user name
EvelynMason01💯.. that's it
Thank you good info..!!
Dude 5 minutes in no points made..
I'm so grateful that my one stop shop, turnkey one-time investment will provide me with the passive income to be able to have a better understanding of the tax system.
Freedom law school would end this guy's career. But you normies will be too scared to believe. Or you can research Brandon joe Williams. Thank me later.
Thanks for the continuous update! I am super excited about how my crypto investment is going so far, making over 18k weekly is an amazing gain 🥰
What's the best way to profit from this crypto bull run?
As a newbie, it's very wise for you to have a pro to keep you accountable.
Someone like Lisa Mae Long.
WOW!!! You know her too? I'm also a proud beneficiary of her platform
45k profit on weekly basis
Alot🪷
I absolutely learned nothing from this video. You do realize you need extra disposable income to achieve these things right?
Thank you my brother, for once again sharing the Knowledge for success. 🫡
I quit paying taxes
I just paid 10,000 in income taxes on one check. This is bull fucking shit.
Its all Fraud 😢