Explaining Taxes to a 3-Year-Old

🔥 Want to become Jasmine’s client? Tax Planning & Returns, Accounting, and IRS Tax Resolution: https://jasminedilucci.com/discovery-call 🔥 Join my new FREE Actual Tax Law Community for Free Workshops, Q&A’s and Tax Resources: https://actualtaxlaw.com/ 🔥 Follow Jasmine on Instagram for daily content: https://www.instagram.com/taxleveragejd/ ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ ABOUT JASMINE DILUCCI, JD, CPA, EA Jasmine DiLucci has specialized in tax since high school when she first became licensed to represent taxpayers before the IRS. Now as a tax attorney and CPA, she works with individuals and business owners across the nation to on Tax Planning, CFO Advisory, and IRS Tax Resolution How Jasmine Got Here… 18: Became an Enrolled Agent, licensed to represent taxpayers before the IRS. 22: Earned an Accounting Degree and a Master’s in Finance. 23: Became a CPA 24: Stepped into leadership as she took over her own CPA firm 26-28: Juggled full-time studies at SMU Law while she was growing her CPA firm. 28: Graduated from law school 4th in her class and became an Attorney, all while managing her CPA firm. 29-31: Expanded her CPA firm to seven figures, with a focus on delivering top-notch service and exceptional value to every client. 32: Launched Tax Leverage to offer free online education and combat the rise of “tax gurus,” aiming to provide real, accessible tax knowledge. Today: She’s dedicated to running her firm and leveraging her expertise to educate and empower others, helping individuals and businesses navigate the complexities of taxes and finance. ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ Disclaimer: This information on this channel is for educational purposes only and does not constitute professional legal or tax advice. # # #jasminedilucci source
The Short-Term Rental ‘Loophole’ & Bonus Depreciation—What Actually Works

Learn how short-term rentals can unlock huge, legal tax deductions and help offset your W-2 income—while avoiding the costly mistakes that trigger audits. Would you like to learn more about protecting your assets and minimizing taxes? Schedule a free consultation here: https://aba.link/8aa6b7 I’ll walk you through how to make your rental activity non-passive, what bonus depreciation really applies to, and the top traps that ruin otherwise great plans. WATCH NEXT 👉 Cost Segregation + 1245 Exchange Explained https://youtu.be/JYKo34_n8yU You’ll also get clear examples, step-by-step guidance, and a simple seven-step checklist you can screenshot and use right away. Whether you’re buying your first Airbnb or expanding your portfolio, this guide will help you preserve, protect, and grow your wealth. Show Notes: 0:00 Intro 02:27 – Lane A: Cost Segregation & bonus—what qualifies + placed-in-service 03:41 – Lane B: 7-day rule to make losses non-passive 08:54 – Material participation (500/100/substantially-all) & tracking 11:02 – Bonus depreciation timing + $600K example 17:41 – Pitfalls: personal use cap, logs, misclassification, state rules, QIP, recapture 21:00 – Using property managers and still qualifying 26:48 – 7-step checklist recap ——————————————————————————————————— FREE TAX & ASSET PROTECTION WORKSHOP Register for an upcoming workshop today if you want to protect your business and personal assets from snoopy lawyers and creditors. Save Your Seat: https://aba.link/ab65e3 TAX TUESDAY LIVE Join us every other Tax Tuesday, where you can have your tax questions answered live by our experts entirely FREE. Register Now 👉 https://aba.link/9849a8 ~~~~ FINANCIAL PLANNING & TAX RESOURCES 📚 Order Your Copy of “Infinity Investing: How The Rich Get Richer And How You Can Do The Same” Here: 👉👉 👉 https://aba.link/IIWbook Order Your Copy of ”Tax-Wise Business Ownership” and find greater success by taking advantage of tax laws for your business. Here 👉 https://aba.link/tobyshop Visit Anderson Advisor’s website for content, like articles, podcasts, and more that we publish alongside my channel. 👉 https://aba.link/tobyaba ~~~~ FOLLOW US: Instagram: https://aba.link/instagram Facebook: https://aba.link/facebook Twitter: https://aba.link/twitter LinkedIn: https://aba.link/linkedin TikTok: https://www.tiktok.com/@tobymathisesq ~~~~ CONTACT US Phone: 800.706.4741 Email: info@andersonadvisors.com Fax: 702.664.0545 ABOUT TOBY MATHIS Toby Mathis, Esq. is the best-selling author of Infinity Investing: How the Rich Get Richer And How You Can Do The Same. Toby is a tax attorney and founded Anderson Business Advisors, one of the most successful law, tax, and estate planning companies in the United States. Learn more at https://aba.link/tobyaba ——————————————————————————————————— WARNING: I will NEVER ask you to contact me through YouTube comments, telegram, or WhatsApp. I have a checkmark next to my name, and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture. The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice. #BonusDepreciation #airbnb #shorttermrentals source
The Truth About Wyoming LLCs and Real Asset Protection

Half of the Wyoming LLCs we fix come from people who bought them online. Real asset protection isn’t about fancy structures — it’s about smart behavior and solid fundamentals. Keep learning, stay organized, and build protection through good contracts, maintenance, and structure — not hype. Learn more: https://kkoslawyers.com/is-your-business-shipshape-clean-up-your-llcs-and-s-corps-before-its-too-late/ ✅ Subscribe for weekly tax and wealth tips 📩 Join the free newsletter: https://markjkohler.com/youtube source
Why Your CPA Might Be Lying To You

Someone commented, “My tax attorney disapproved of this nonsense.” Well… who’s your tax attorney? Let’s be clear — this strategy is 100% legit. I’m a licensed CPA and attorney in multiple states, I’ve worked for major firms, and I train over a thousand tax professionals every year in legitimate, IRS-backed tax strategies. If you own a business — restaurant, construction, online store, whatever — and your kids legitimately help in that business, you can pay them and take a tax deduction for their work. That’s not a loophole. That’s smart, legal, and encouraged by the tax code. So please — tell your tax attorney to call me. I’ll walk them through it in a CE course. ✅ Subscribe for weekly tax and wealth tips 📩 Join the free newsletter: https://markjkohler.com/youtube/ source
Why The Rich Drive Range Rovers

Why do so many wealthy people drive Range Rovers (and other heavy SUVs)? It’s not just about style. It’s about the tax code. Under Section 179, if you own a business and drive a vehicle over 6,000 lbs (like a Range Rover, G-Wagon, Escalade, etc.), you may be able to write off part of the cost on your taxes. ✅ The catch? – You must use it at least 50% for business. – You can only deduct the business-use percentage. – Fall below that 50% anytime in its 5-year useful life, and the IRS can hit you with a big tax bill. Too many people buy these vehicles for personal use, thinking it’s a free write-off — when in reality, it can backfire. Excellent analysis by @taxleverage Moral of the story: Yes, there are big tax perks for business vehicles… but you need to do it right. Always get advice from a qualified tax professional before trying this strategy. #writeoff Would you like to learn more about protecting your assets and minimizing taxes? Schedule a free consultation here: https://aba.link/dvl ——————————————————————————————————— Download Your Digital Copy Of Infinity Investing: How The Rich Get Richer And How You Can Do The Same 👉 https://inf.link/8zu OTHER ANDERSON ADVISOR EVENTS Learn a rich selection of subjects like tax and asset protection, business, investing, and more. Our attorneys and other skilled experts will help you learn what you need to know in order to better your chances of success in your professional life. https://aba.link/tobyevents ~~~~ FINANCIAL PLANNING & TAX RESOURCES 📚 Order Your Copy of “Infinity Investing: How The Rich Get Richer And How You Can Do The Same” Here: 👉👉 👉 https://aba.link/IIWbook Order Your Copy of ”Tax-Wise Business Ownership” and find greater success by taking advantage of tax laws for your business. Here 👉 https://aba.link/tobyshop Visit Anderson Advisor’s website for content, like articles, podcasts, and more that we publish alongside my channel. 👉 https://aba.link/tobyaba ~~~~ FOLLOW US: Instagram: https://aba.link/instagram Facebook: https://aba.link/facebook Twitter: https://aba.link/twitter LinkedIn: https://aba.link/linkedin TikTok: https://www.tiktok.com/@tobymathisesq ~~~~ CONTACT US Phone: 800.706.4741 Email: info@andersonadvisors.com Fax: 702.664.0545 ABOUT TOBY MATHIS Toby Mathis, Esq. is the best-selling author of Infinity Investing: How the Rich Get Richer And How You Can Do The Same. Toby is a tax attorney and founded Anderson Business Advisors, one of the most successful law, tax, and estate planning companies in the United States. Learn more at https://aba.link/tobyaba ——————————————————————————————————— WARNING: I will NEVER ask you to contact me through YouTube comments, telegram, or WhatsApp. I have a checkmark next to my name, and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture. The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice. source
Unlocking the Power of 100% Bonus Depreciation

Click on the related video to watch the full video. FREE TAX & ASSET PROTECTION WORKSHOP Register for an upcoming workshop today to learn advanced tax strategies. Save Your Seat: https://aba.link/tv0 ——————————————————————————————————— ~~~~ FINANCIAL PLANNING & TAX RESOURCES 📚 Order Your Copy of “Infinity Investing: How The Rich Get Richer And How You Can Do The Same” Here: 👉👉 👉 https://aba.link/IIWbook Order Your Copy of ”Tax-Wise Business Ownership” and find greater success by taking advantage of tax laws for your business. Here 👉 https://aba.link/tobyshop Visit Anderson Advisor’s website for content, like articles, podcasts, and more that we publish alongside my channel. 👉 https://aba.link/tobyaba ~~~~ FOLLOW US: Instagram: https://aba.link/instagram Facebook: https://aba.link/facebook Twitter: https://aba.link/twitter LinkedIn: https://aba.link/linkedin TikTok: https://www.tiktok.com/@tobymathisesq ~~~~ CONTACT US Phone: 800.706.4741 Email: info@andersonadvisors.com Fax: 702.664.0545 ABOUT TOBY MATHIS Toby Mathis, Esq. is the best-selling author of Infinity Investing: How the Rich Get Richer And How You Can Do The Same. Toby is a tax attorney and founded Anderson Business Advisors, one of the most successful law, tax, and estate planning companies in the United States. Learn more at https://aba.link/tobyaba ——————————————————————————————————— WARNING: I will NEVER ask you to contact me through YouTube comments, telegram, or WhatsApp. I have a checkmark next to my name, and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture. The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice. source
4 Reasons to Rent Your Primary?

🔥 Want to become Jasmine’s client? Tax Planning & Returns, Accounting, and IRS Tax Resolution: https://jasminedilucci.com/discovery-call 🔥 Join my new FREE Actual Tax Law Community for Free Workshops, Q&A’s and Tax Resources: https://actualtaxlaw.com/ 🔥 Follow Jasmine on Instagram for daily content: https://www.instagram.com/taxleveragejd/ ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ ABOUT JASMINE DILUCCI, JD, CPA, EA Jasmine DiLucci has specialized in tax since high school when she first became licensed to represent taxpayers before the IRS. Now as a tax attorney and CPA, she works with individuals and business owners across the nation to on Tax Planning, CFO Advisory, and IRS Tax Resolution How Jasmine Got Here… 18: Became an Enrolled Agent, licensed to represent taxpayers before the IRS. 22: Earned an Accounting Degree and a Master’s in Finance. 23: Became a CPA 24: Stepped into leadership as she took over her own CPA firm 26-28: Juggled full-time studies at SMU Law while she was growing her CPA firm. 28: Graduated from law school 4th in her class and became an Attorney, all while managing her CPA firm. 29-31: Expanded her CPA firm to seven figures, with a focus on delivering top-notch service and exceptional value to every client. 32: Launched Tax Leverage to offer free online education and combat the rise of “tax gurus,” aiming to provide real, accessible tax knowledge. Today: She’s dedicated to running her firm and leveraging her expertise to educate and empower others, helping individuals and businesses navigate the complexities of taxes and finance. ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ Disclaimer: This information on this channel is for educational purposes only and does not constitute professional legal or tax advice. # # #jasminedilucci source
You Don’t Need an SBA Loan to Buy a Building

Some of you said, “Mark, are you crazy? SBA loans are impossible to get!” — and you’re right, they can be a total pain. But that doesn’t mean you can’t buy your own building. Here’s the strategy: • You don’t have to use an SBA loan. There are other options — private lenders, Fannie Mae, Freddie Mac, and creative loan programs. • Avoid the big banks like Chase or Wells Fargo. Look for independent lenders or brokers who specialize in small-business financing. • Getting qualified can be tough without a big W2, but it’s absolutely doable. • You can even assume an existing SBA loan from a previous owner to make the deal work. Bottom line: don’t give up on the strategy just because SBA loans are difficult. Be patient, get creative, and you can still buy your own space and rent it to your business. ✅ Subscribe for weekly tax and wealth tips 📩 Join the free newsletter: https://markjkohler.com/youtube/ source
Why Real Estate Carries a Tax Benefit

🔥 Want to become Jasmine’s client? Tax Planning & Returns, Accounting, and IRS Tax Resolution: https://jasminedilucci.com/discovery-call 🔥 Join my new FREE Actual Tax Law Community for Free Workshops, Q&A’s and Tax Resources: https://actualtaxlaw.com/ 🔥 Follow Jasmine on Instagram for daily content: https://www.instagram.com/taxleveragejd/ ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ ABOUT JASMINE DILUCCI, JD, CPA, EA Jasmine DiLucci has specialized in tax since high school when she first became licensed to represent taxpayers before the IRS. Now as a tax attorney and CPA, she works with individuals and business owners across the nation to on Tax Planning, CFO Advisory, and IRS Tax Resolution How Jasmine Got Here… 18: Became an Enrolled Agent, licensed to represent taxpayers before the IRS. 22: Earned an Accounting Degree and a Master’s in Finance. 23: Became a CPA 24: Stepped into leadership as she took over her own CPA firm 26-28: Juggled full-time studies at SMU Law while she was growing her CPA firm. 28: Graduated from law school 4th in her class and became an Attorney, all while managing her CPA firm. 29-31: Expanded her CPA firm to seven figures, with a focus on delivering top-notch service and exceptional value to every client. 32: Launched Tax Leverage to offer free online education and combat the rise of “tax gurus,” aiming to provide real, accessible tax knowledge. Today: She’s dedicated to running her firm and leveraging her expertise to educate and empower others, helping individuals and businesses navigate the complexities of taxes and finance. ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ Disclaimer: This information on this channel is for educational purposes only and does not constitute professional legal or tax advice. # # #jasminedilucci source
Can You Really Buy Cattle With HSA Money?

You can invest your Health Savings Account (HSA) or IRA in more than just stocks — even cows! My self-directed HSA owns 10 cows. We’ll sell the calves in the spring, and all the profits go tax-free back into the HSA. The lesson? You can invest in what you know and love — real assets like property, notes, or livestock. It’s all about using your retirement or health accounts strategically. Learn how: https://directedira.com/ ✅ Subscribe for weekly tax and wealth tips 📩 Join the free newsletter: https://markjkohler.com/youtube/ source