How I Help Day Traders Avoid Taxes LEGALLY! #shorts

JOIN THE TAX-FREE WEALTH CHALLENGE NOW! OCTOBER 14-18, 2024!

JOIN THE TAX-FREE WEALTH CHALLENGE NOW! MARCH 18-22 2024!

Learn the rich's tax secrets with my new book! Click the link below
Taking the Next Step:

My Tax Strategy Programs:

Check out these links Below!

*Disclaimer: I am not a financial advisor nor am I an attorney. This information is for entertainment purposes only. It is highly recommended that you speak with a tax professional or tax attorney before performing any of the strategies mentioned in this video. Thank you.

#taxes #taxfreeliving #taxexpert #taxreduction #llc

[Delimon]

For anyone wondering, this is basically a 2 fold scheme that's legal. You have a company where your profits are paid into. You pay yourself a small amount which is taxed at a regular rate. You company holds onto the rest of the money which will do things like buy up properties and suffer "losses" which will give you tax breaks greatly reducing the taxes that you owe. If you do not have a lot of money (meaning if you cannot buy properties or some other type of physical value that is taxed and can have losses) this type of set up is not useful to you.

[mohib]

legends say that we are still figuring out what he's saying

[marshalljones]

This man speaks much knowledge !!! Love his content

[treegreen]

I love that I found your channel. It’s cool to see someone so heavily invested in their craft.

[frascoable]

You are a true TAX PRO… I can’t keep trying to save these videos. Should have been taking notes from the beginning..!

[easymunch]

CRATs are far more complicated than an account you can rollover gains into and then purchase annuities with, keep in mind these type of advanced strategies are not advisable for the normal person

[AllysaJay]

Karl, you are the frigging bomb!!! You’re intellect on the subject makes me so proud of you❤

[tumishomagagula.]

Thank you sir. Needed this information. Will make sure to watch your videos from now on🤝

[nicolarmour]

You are so knowledgeable, and classy!

[vendahustlerzne]

I am still confused, I believe I need to do more research.

[Exsavior]

I always wondered at what point are the profits paid out to the owner (trader)? At some point the money will be taxed but when is the right time?

[thepragmaticchartist]

Where can I watch this full interview?

[sniperacs]

That why rich not pay any taxes, while getting richer.

Flat rate tax of 10% on income, plus 20% of corporate tax of turnover.

[Abidjan-weekly]

Playing hide and seek with the IRS is never good.

[TooMuchToThink]

Wait, so I made $1M and I only get access to $80k YoY? What about the other $920K? It’s just sitting somewhere as cash and losing to inflation? Can I keep investing with the other money in the trust?

[RUBAN]

What he doesn't mention is when you purchase a CRAT you are entitled to donate that entire $1million to charity upon your death. The money cannot be given to next of kin.

[billhall]

Day trading to avoid short or long term? Are the capital gains avoided or deferred?

[coreyburns]

This is great information Don't Let this go viral The IRS snoops Are watching❗️💯

[LabelCreateInvision]

But what would I file to be taxed as a CRAT if my legal structure is a sole proprietor

[johndeer]

Is this percentage paid out per year or month ?