The Trifecta System: How The Rich Avoid Taxes

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00:01 - Introduction to the Three-Part System
02:03 - The Trifecta Framework
06:37 - The Origin Story
10:43 - Basic Trifecta Diagram
14:51 - Importance of a Revocable Living Trust

#Taxes #avoidtaxes #paylesstaxes #wealth #tax #realestateinvestment #Markjkohler #KKOSLawyers #markjkohlerLIVE #Entrepreneur #rentalrealestate #taxplanning #smallbusiness #taxlaw

[HoosierHmstrdr]

Save yourself and go straight to min 8:00

[oneillbilder]

These frequent tax code changes are disrupting my long-term investment strategies. Are there ways to structure my investments to be more resilient to potential tax code modifications?

[Jameslindaus]

I am at the beginning of my "investment journey", planning to put 85K into dividend stocks so that I will be making up to 30% per year in dividend returns. Any advice?

[DreamweaverShade-hp]

People who are able to retire early are lucky . I have 15 months till 65 and need to look at calling it quits, my only fear is running out of funds much later, thus keen on investing. What could be the safest possible ways to invest for cashflow, in order to afford lifestyle after retirement?

[meaghanskiba]

You have an incredible, infectious enthusiasm for your work! It is great to see.

[dancampbell]

My mother wanted an Irrevocable Trust to save her assets in case she needed a Medicaid facility later in life. Ultimately, she finished her life last year in a facility but we covered expenses through her IRA and cash. The sale of her home WAS taxable because of the type of trust not being eligible for “step up” protection.

Lesson learned. Now I warn others of potential pitfalls of “irrevocable” trusts.

[dandeilke]

Absolutely nothing special about this, except Mark’s ability to market. Everything he says is accurate, but it’s 100% elementary stuff used every day by any decent tax CPA working with a good family law attorney.

[sirheisenberg]

I've lived in America and Canada. Paid about the same in taxes but get way more for my taxes in Canada. Most Americans hate the government (hate giving them their money even more) because they've never experienced good governance.

[SayBuilders]

Great video. Always something new to learn in the journey of Business.

[Luau_]

How is a W2 income from a job outside the Operational SCorp taxed before depositing into the RLT? Fed and State taxes paid and net income rolled in the RLT? Grayline as employee or as a consultant.

[tylascraig]

Great vid! I'm a fan! Hope to have this set up one day.

[sigungajoshua]

The Things School Don't Teach !!!
Master Of Financial Design 🖤

[Walkercolt]

Joe Kennedy (JFK's Father) explained it to Will Rogers on Mutual Radio in 1925 when asked about the new progressive income tax. " (son)...Don't you know the rich don't pay TAXES; We pay SENATORS!" Joe Kennedy was "Al Capone" of Massachusetts and New Jersey in the 20's and '30's. He is known to have have 31+ men KILLED (including his brother-in-law) but never indicted for ONE crime in his life! Not even J. Edgar could touch him. At least 6 Treasury Agents sent to investigate him "disappeared".

[josephbadulak]

Interestingly, all this 'valuable' advice is honestly presented, in PAST tense.

[MrMaguuuuuuuuu]

Only downside is all the accounting bills for the LLC yearly tax returns. No free lunch folks.

[jeremyrioux]

What book are you referring to in your video? I see 2-3 books online by Mark J Kohler, which one goes over this trifecta?

[rikrichards]

The problem that faces small investors/ landlords is that if you have an LLC or trust in Michigan you must pay a lawyer to represent you in court. So what happens is that you end up paying legal fees for representation whenever you take a tenant to court for a judgement, eviction, or garnishment! If you have to take a contractor to court again you cannot represent yourself! Please address this issue / dilemma. Please Any suggestions would be greatly welcomed! Thank you!

[JohnnyParker-wenf]

This set up opens up your RLC to legal liabilities.

[tuskegee]

When you started how much did you have to start off with? We all know you need money to make money but how much money do you need saved up to start successfully?

[ThrowBackZone]

So, if I set up this Trifecta System, does that mean I can retire to my own private island tomorrow? Asking for a friend. 😂