MAKE AN APPOINTMENT TODAY! https://kkoslawyers.com/schedule-an-appointment/?utm_source=mjk-youtube&utm_medium=description-link&utm_term=&utm_content=msbp004-open-forum-lessons-on-wealth&utm_campaign=main-street-business-podcast
Are you making money decisions that could be holding you back from real financial freedom? In this episode of the Main Street Business Podcast, Mark J. Kohler flies solo to answer your questions! In the process, he reveals the common mistakes people make with money, taxes, and investments — and how you can avoid them. He shares proven strategies to help you protect your wealth, build long-term security, and take control of your financial future.
From managing taxes to creating passive income, this discussion breaks down the essential steps every entrepreneur, investor, and professional should know. Learn how to maximize deductions, grow your wealth, and safeguard your assets without falling into costly traps.
If you’re serious about building wealth and creating lasting financial stability, this is an episode you can’t afford to miss!
CHAPTERS:
0:00 Teaser
0:43 Welcome & Open Forum
1:31 The Due-On-Sale Question
2:47 Don’t Fear Due-On-Sale Calls
4:26 Don’t Ask Bank Permission
5:08 Use a Warranty/Grant Deed
6:14 LLC, Title, Lease, Insurance
7:14 Put The LLC Under Your Trust
7:51 Short-Term Rental Scenario
10:04 Loophole Requires 100% STR
10:54 Focus On Cash Flow First
11:14 Report Rental On Schedule E
12:56 Auto Deduction For Beekeeper
14:09 Write Off Miles From Home
14:42 When Trips Become Commuting
15:08 Multiple Locations Rule
15:56 Rentals: Mileage Deductible
16:34 Keep A Mileage Log
17:22 Can Roth LLC Buy A Computer?
17:41 Two Crypto IRA Approaches
19:13 Why A Laptop Is Risky
19:43 Trade Via Personal Device
20:52 Mining Gear Is Allowed
21:18 Final Thoughts & Sign-Off
Resources:
Interview a Main Street Tax Pro that Speaks like Mark: https://taxadvisornetwork.markjkohler.com/?utm_source=mjk-youtube&utm_medium=description-link&utm_term=&utm_content=msbp004-open-forum-lessons-on-wealth&utm_campaign=main-street-business-podcast
Meet with a Real Lawyer on Zoom: https://kkoslawyers.com/schedule-an-appointment/?utm_source=mjk-youtube&utm_medium=description-link&utm_term=&utm_content=msbp004-open-forum-lessons-on-wealth&utm_campaign=main-street-business-podcast
Self-Direct Your IRA or 401k- Buy a Business or Real Estate with Your Retirement Account (Directed IRA): https://directedira.com/appointment/?utm_source=mjk-youtube&utm_medium=description-link&utm_term=&utm_content=msbp004-open-forum-lessons-on-wealth&utm_campaign=main-street-business-podcast
Keep Your LLC or Corp in good standing and Hide Your Address (Main Street Business Services): https://mainstreetbusiness.com/?utm_source=mjk-youtube&utm_medium=description-link&utm_term=&utm_content=msbp004-open-forum-lessons-on-wealth&utm_campaign=main-street-business-podcast
Become a Certified Tax Advisor in Mark’s Program – https://mainstreetpros.com/?utm_source=mjk-youtube&utm_medium=description-link&utm_term=&utm_content=msbp004-open-forum-lessons-on-wealth&utm_campaign=main-street-business-podcast
Connect:
Website: https://markjkohler.com/?utm_source=mjk-youtube&utm_medium=description-link&utm_term=&utm_content=msbp004-open-forum-lessons-on-wealth&utm_campaign=main-street-business-podcast
LinkedIn: https://www.linkedin.com/in/markjkohler/?utm_source=mjk-youtube&utm_medium=description-link&utm_term=&utm_content=msbp004-open-forum-lessons-on-wealth&utm_campaign=main-street-business-podcast
Facebook: https://www.facebook.com/markkohler/?utm_source=mjk-youtube&utm_medium=description-link&utm_term=&utm_content=msbp004-open-forum-lessons-on-wealth&utm_campaign=main-street-business-podcast
Instagram: https://www.instagram.com/markjkohler/?utm_source=mjk-youtube&utm_medium=description-link&utm_term=&utm_content=msbp004-open-forum-lessons-on-wealth&utm_campaign=main-street-business-podcast
X: https://x.com/markkohler/?utm_source=mjk-youtube&utm_medium=description-link&utm_term=&utm_content=msbp004-open-forum-lessons-on-wealth&utm_campaign=main-street-business-podcast
TikTok: https://www.tiktok.com/@markjkohler/?utm_source=mjk-youtube&utm_medium=description-link&utm_term=&utm_content=msbp004-open-forum-lessons-on-wealth&utm_campaign=main-street-business-podcast
source
