How The Rich Use LLCs To Hide Their Assets And Avoid Taxes [Video]

Being a Tax Advisor is a lucrative opportunity…Book a FREE demo to become a Main Street Tax Pro today: https://markjkohler.com/main-street-tax-pro-certification-demo?utm_source=youtube&utm_medium=description-link&utm_term=&utm_content=&utm_campaign=youtube-mstp-cert-demo1-organic-traffic

To learn more about becoming a Main Street Tax Pro, head to: https://markjkohler.com/the-main-street-tax-pro-certification/

From regulations to riches! Explore it all at the Virtual Crypto Tax Summit! 💎
Join us September 26-28 and embark on a journey through mining, staking, and beyond. Don’t miss out on this crypto quest! 🙌 https://cryptotaxsummit.com/

Ebook & Newsletter: https://markjkohler.com/youtube/
Call the MJK Team: 208-745-2865
KKOS Lawyers (My Law firm): https://kkoslawyers.com/contact-us/
Directed IRA (My Trust Company): https://directedira.com/appointment/
My Certification and Membership: https://markjkohler.com/become-a-certified-tax-advisor/
Find A Tax Pro: https://taxadvisornetwork.markjkohler.com/
Podcast: https://mainstreetbusinesspodcast.com/
Main Street Business Services: https://mainstreetbusiness.com/
Facebook: https://www.facebook.com/markkohler/
Instagram: https://www.instagram.com/markjkohler/
Threads: https://www.threads.net/@markjkohler
X: https://twitter.com/markkohler
TikTok: https://www.tiktok.com/@markjkohler
LinkedIn: https://www.linkedin.com/in/markjkohler
YouTube: https://www.youtube.com/markjkohler/featured
LinkTree: https://linktr.ee/MJKOfficial

If you liked the video, please give it a “Thumbs up!” and please subscribe to see more!

00:00 – Introduction to LLCs
00:18 – Importance of LLCs for Success
01:23 – Understanding the Trifecta
04:14 – Overview of the Five LLCs
05:03 – Setting Up the First LLC
08:35 – Common Mistakes in LLC Formation
10:17 – Starting Your Side Hustle with an LLC
12:14 – Tax Benefits of LLCs
14:56 – Comparing LLC Structures
17:14 – Transitioning to LLC Number Three
20:36 – LLCs for Operational Income
23:06 – Importance of Reasonable Compensation
25:05 – Overview of the Main Street Business Podcast
25:54 – Special Purpose LLCs
29:02 – Self-Directed LLCs Explained
31:20 – Personal Journey and Insights
34:26 – Ongoing LLC Management
35:06 – Summary and Action Steps

#Taxes #assetprotection #paylesstaxes #wealth #tax #realestateinvestment #Markjkohler #KKOSLawyers #markjkohlerLIVE #Entrepreneur #rentalrealestate #taxplanning #smallbusiness #taxlaw