Wealthion – Be Financially Resilient
In episode of Wealthion, Andrew Brill speaks with renowned CPA and lawyer Mark Kohler. As the founder and senior partner at KKOS Lawyers, Mark is dedicated to helping people financially achieve their American dream. Kohler shares his expert strategies on how to build and protect wealth through smart tax and legal planning.
Some of the key strategies they discuss include:
Did you like this video? Hit the like button and let us know in the comments!
Timestamps:
0:00 - Introduction
0:27 - Does the American Dream Still Exist?
2:24 - Teaching Financial Responsibility to Kids
5:04 - Benefits of Early Roth IRA Contributions
8:27 - The Rise of Side Hustles and Wealth Building
10:06 - Real Estate Investment Strategies
12:48 - Choosing the Right Type of Real Estate
15:41 - Partnering for Real Estate Investments
17:57 - Self-Directed IRA for Real Estate
20:44 - Setting Up LLCs for Self-Directed IRAs
22:04 - The Importance of Revocable Living Trusts
24:17 - Advantages of S Corporations for Subcontractors
26:48 - Converting 401k to Roth IRA
30:44 - Tax-Free Wealth with Roth IRA
33:17 - Alternative Investment Strategies: Hard Money Lending
35:31 - Investing in Cryptocurrency with Self-Directed IRA
38:10 - Upcoming Crypto Tax Summit Details
40:04 - Political Impacts on Tax Legislation
41:48 - Closing
Learn more about your ad choices. Visit megaphone.fm/adchoices