Stop Comparing Yourself To Others
💡 Money isn’t a sprint—it’s a marathon. I agree with Dave Ramsey on this one: too many people try to look rich in the short term, but it comes with long-term pain. The real win? Living below your means and consistently investing. That’s what sets you up for long-term success while others burn out chasing appearances. Remember: the people sprinting ahead might look flashy now, but they won’t finish strong. Play the long game. 🏃♂️💰 #MoneyMindset #WealthBuilding #FinancialFreedom #Investing ——————————————————————————————————— 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
Is Paying Your Kids in the Business Legit?
omeone commented, “It may be legal, but it’s not legit, honest, or ethical.” Let’s clear that up right now. If it’s not legit, honest, or ethical, it’s not legal — period. Paying your kids for real work in your business checks every box: • Legit: Your kids can do real tasks — sweep the floor, clean the office, help with social media, or assist on a job site. • Honest: You’re teaching them the value of work and money. • Ethical: You’re paying fair wages for real help — not hiding income or playing games. • Legal: The tax code allows it. You get a write-off, they learn about taxes, and the family keeps more wealth. That’s good business — and good parenting. ✅ Subscribe for weekly tax and wealth tips 📩 Join the free newsletter: https://markjkohler.com/youtube/ source
How to Use the Education Savings Account (Coverdale)
Let’s clear up a common question: Can you invest in an ESA (Coverdell) through your LLC or S-Corp? Here’s the breakdown: • You don’t invest in an ESA — you contribute to it. • The correct term now is Coverdell Education Savings Account (ESA) — it’s like a mini Roth for education. • You can create an LLC owned by your IRA, HSA, or Coverdell and use that LLC to buy real estate or other investments. • But — you cannot fund a Coverdell from your S-Corp directly. You’d take a draw from your S-Corp, then use that personal money to fund your Coverdell, Roth, or 401(k). If you want to invest your ESA or Roth in real estate, check out my Directed IRA Podcast — we teach clients exactly how to do it the right way. ✅ Subscribe for weekly tax and wealth tips 📩 Join the free newsletter: https://markjkohler.com/youtube/ source
How to Earn Passive Income Every Month Without Selling (Cash-Secured Puts & Dividends)
Build a simple, repeatable passive-income playbook with Dividend Aristocrats & Kings, cash-secured puts to “get paid to wait,” and covered calls to earn while you hold. Download Your Digital Copy Of Infinity Investing: How The Rich Get Richer And How You Can Do The Same 👉 https://inf.link/scx Toby Mathis breaks down why most stock picking underperforms, then shows how dependable cash flow + reasonable growth can smooth returns and reduce guesswork. Sign Up For a FREE VIRTUAL WORKSHOP Infinity Wealth Workshop Strategic Trading for Investors 👉 https://inf.link/yrl You’ll learn quick screening criteria, how dividends and option premiums work together, and a step-by-step checklist to rinse and repeat. Prefer an “easy button”? We also discuss an ETF implementation of this strategy and how to evaluate distributions and trade-offs. WATCH my Passive Income Playlist 👉 https://www.youtube.com/playlist?list=PLmje7Bbplo8neV8b8pxN__l4b0OPM-AjO Would you like to learn more about protecting your assets and minimizing taxes? Schedule a free consultation here: https://aba.link/h8n 🔔 Don’t forget to subscribe for more insights on real estate investing and business strategies! Show Notes: 0:00 Intro 3:39 Pillar 1: Dividend Aristocrats & Kings Explained 5:16 How Dividends Smooth Returns & Create Flexibility 7:26 Pillar 2: Get Paid to Wait with Cash-Secured Puts 9:24 Real-World Results from Selling Puts 10:06 “Be the Casino,” Not the Gambler 11:21 Pillar 3: Dividends + Covered Calls While You Hold 12:26 The “Easy Button” ETF — DIVO Overview 16:22 Why DIY: Cash Flow Steadies Behavior 17:55 Risk Shaping with Covered Calls 18:44 Step-by-Step Checklist (Watchlist → Puts → Dividends + Calls → Review → Repeat) 20:55 Risks & Trade-Offs (Assignments, Early Exercise, Capped Upside) 22:00 Outro ——————————————————————————————————— FREE TAX & ASSET PROTECTION WORKSHOP Register for an upcoming workshop today if you want to protect your business and personal assets: https://aba.link/6b5 ~~~~ 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. #passiveincome #dividendinvesting #dividendstocks #puts source
Why Most Asset Protection Fails And How To Fix It
Before you get sold on a Wyoming LLC or some “Rockefeller Trust,” hear this: the real key to asset protection isn’t just structure — it’s behavior. Here’s what actually protects you: • Smart behavior: solid contracts, no handshake deals, clear leases, and keeping your books clean. • Proper maintenance: annual minutes, a real corporate book (not a one-pager from LegalZoom). • Simple structure: the right LLC or trust where you do business or hold assets — not a complicated setup someone sold you online. At our law firm, we unwind half the unnecessary Wyoming LLCs people set up after being sold on hype. You don’t need to spend thousands to stay protected — you need solid fundamentals and good habits. ✅ Subscribe for weekly tax and wealth tips 📩 Join the free newsletter: https://markjkohler.com/youtube/ source
Smart Strategies to Pay Yourself and Save Thousands
MAKE AN APPOINTMENT TODAY! https://kkoslawyers.com/schedule-an-appointment/?utm_source=mjk-youtube&utm_medium=description-link&utm_term=&utm_content=msbp597-smart-strategies-to-pay-yourself&utm_campaign=main-street-business-podcast Are you structuring your business the right way — or making costly mistakes that could be draining your profits? In this episode of the Main Street Business Podcast, Mat Sorensen and Mark J. Kohler team up to answer your questions on taxes, legal structures, and real-world strategies for small business success. Together, they uncover the truth about LLCs, S-Corps, and the $50K rule that determines when to make the switch. From transferring real estate into an LLC safely to understanding what truly qualifies as business income, this discussion covers the practical steps every entrepreneur should take to protect their assets, reduce taxes, and stay compliant. You’ll also learn how to pay yourself properly, avoid due-on-sale issues, and maximize wealth through smart entity planning. If you’re serious about building your business the right way and keeping more of what you earn, this is an episode you can’t afford to miss! CHAPTERS: 0:00 Teaser 1:06 Reporting Your S Corp’s Business Acquisition the Right Way 5:10 Can You Put a Mortgaged Home Into an LLC Safely? 9:45 Do Mineral Rights Count as a Business? 12:00 Why the $50K Rule Matters for Switching to an S Corp 14:26 Trading Through an LLC: Smart Move or Tax Headache? 19:59 LLC to S Corp: Timing, Taxes, and Year-End Must-Dos 26:08 How to Maximize Deductions on Your Vacation Rental 29:50 How Much Can a Married Couple Really Defer in Retirement? 33:47 Avoid These Mistakes in Self-Directed IRA Partnerships 38:19 Outro 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=msbp597-smart-strategies-to-pay-yourself&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=msbp597-smart-strategies-to-pay-yourself&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=msbp597-smart-strategies-to-pay-yourself&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=msbp597-smart-strategies-to-pay-yourself&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=msbp597-smart-strategies-to-pay-yourself&utm_campaign=main-street-business-podcast Connect: Website: https://markjkohler.com/?utm_source=mjk-youtube&utm_medium=description-link&utm_term=&utm_content=msbp597-smart-strategies-to-pay-yourself&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=msbp597-smart-strategies-to-pay-yourself&utm_campaign=main-street-business-podcast Facebook: https://www.facebook.com/markkohler/?utm_source=mjk-youtube&utm_medium=description-link&utm_term=&utm_content=msbp597-smart-strategies-to-pay-yourself&utm_campaign=main-street-business-podcast Instagram: https://www.instagram.com/markjkohler/?utm_source=mjk-youtube&utm_medium=description-link&utm_term=&utm_content=msbp597-smart-strategies-to-pay-yourself&utm_campaign=main-street-business-podcast X: https://x.com/markkohler/?utm_source=mjk-youtube&utm_medium=description-link&utm_term=&utm_content=msbp597-smart-strategies-to-pay-yourself&utm_campaign=main-street-business-podcast TikTok: https://www.tiktok.com/@markjkohler/?utm_source=mjk-youtube&utm_medium=description-link&utm_term=&utm_content=msbp597-smart-strategies-to-pay-yourself&utm_campaign=main-street-business-podcast source
Hair is Almost Never Deductible
🔥 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
Why You Should Buy Rental Properties
Why are you buying this rental property? Before jumping into the numbers, dig into your “why.” Here’s what to consider: • Is it in an area you love or visit often — somewhere you’ll actually check on? • Is there instant equity potential — a sweat-equity project, a below-market deal, or a unique investment angle? • Is it near your kids’ college where you could rent to them or other students? Don’t buy a rental coldheartedly based only on turnkey numbers or someone else’s pitch. The best deals usually have an X-factor — a strategic advantage that gives you confidence, control, or a personal edge. ✅ Subscribe for weekly tax and wealth tips 📩 Join the free newsletter: https://markjkohler.com/youtube/ source
Why Paying Your Kids Can Save You Money!
Some people say paying your kids through your business is just “a tax loophole.” It’s not — it’s smart, legal, and educational. Here’s why: 1. You’re already supporting your kids. Turn that support into a tax deduction by paying them for real work in your business. 2. Teach responsibility. Paying taxes is part of life — your kids should learn it early, in a safe and meaningful way. 3. Family tax strategy. You’re likely in a 30% bracket, and they’re in a 0–10% bracket. Shifting income to your kids saves your family thousands while staying completely compliant. 4. Build their future. They can’t open a Roth IRA without earned income. Paying them gives them that start — and you get the deduction. This isn’t gaming the system — it’s good parenting and good planning. ✅ Subscribe for weekly tax and wealth tips 📩 Join the free newsletter: https://markjkohler.com/youtube/ source
Is it Possible to Write Off a Pool?
If you’re building an Accessory Dwelling Unit (ADU) on your property and adding a pool, can you write it off? The answer depends on how it’s used: • If the pool is used only by the ADU tenants, you can write off 100% of the cost through depreciation. • If you and the tenants share it, you can only write off a portion (often around 50%). • The type of rental matters — short-term vs. long-term vs. self-rental — because it determines whether those deductions offset your other income or stay “trapped” until you sell the property. Bottom line: You’ll likely get tax-free rental income, but the full write-off depends on your setup and real estate status. ✅ Subscribe for weekly tax and wealth tips 📩 Join the free newsletter: https://markjkohler.com/youtube/ source