Main Street
Business Podcast

New episodes posted every Thursday

A refreshing podcast about building wealth and how to live the American Dream.

New episodes posted every Thursday

A refreshing podcast about building wealth and how to live the American Dream.

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Use code flash15 to get an extra 15% OFF on your Real Estate Tax Summit tickets: https://realestatetaxsummit.com/ Everything you need is right here for you! https://linktr.ee/MJKYoutube #realestate #realestateinvesting #taxes #Markjkohler #KKOSLawyers #crt EVERYONE should know these strategies! A huge part of building wealth is owning real estate, either for investment, personally, or both! In this podcast, Mark and Mat break down the top tax strategies for anyone who owns (or hopes to someday own) real estate. What is the point of building wealth if you can't keep it? Don't miss any game changing tax strategies by signing up for our FREE weekly newsletter and claim Mark's free e-book here: https://markjkohler.com/contact/ I have the perfect book for you. Learn how to start your own business and if you already have one HELP it grow! With my 8 Steps to Start and Grow your Business, you will be on your way to financial freedom and taking control of your money. Go check it out at https://markjkohler.com/all-books/8-S... Your financial wealth starts today! I go LIVE almost every week...Don't forget to Subscribe and Hit that bell icon so you get a notification every time I upload a new video or go LIVE SIGN UP for my weekly newsletter to download my FREE E-book "The 10 Best Tax-Saving Secrets Everyone Should Know" and schedule an Interview with an Attorney or CPA from my team! Visit www.markjkohler.com/youtube If you need help structuring your business or setting up your S-corp to save the most on taxes and ensure maximum asset protection, click here to schedule an interview: www.kkoslawyers.com/contact-us Visit markjkohler.com for all of Mark's game-changing educational materials, take charge of your ship, and start SAVING thousands in taxes! If you liked the video, please give it a "Thumbs up!" and please subscribe to see more! Set up a self-directed retirement account at directedira.com and start saving today! Visit www.mainstreetbusiness.com to listen to Mark Kohler and Mat Sorensen break down complex Tax & Legal strategies in an easy-to-understand way every week!
To watch the full video: https://youtu.be/gHVjbFGVuDI Get your tickets to the Real Estate Tax Summit: https://realestatetaxsummit.com/ Everything you need is right here for you! https://linktr.ee/MJKYoutube #realestate #realestateinvesting #taxes #Markjkohler #KKOSLawyers #CRT I have the perfect book for you. Learn how to start your own business and if you already have one HELP it grow! With my 8 Steps to Start and Grow your Business, you will be on your way to financial freedom and taking control of your money. Go check it out at https://markjkohler.com/all-books/8-Steps-to-Start-and-Grow-Your-Business-p225942102 Your financial wealth starts today! I go LIVE almost every week...Don't forget to Subscribe and Hit that bell icon so you get a notification every time I upload a new video or go LIVE SIGN UP for my weekly newsletter to download my FREE E-book "The 10 Best Tax-Saving Secrets Everyone Should Know" and schedule an Interview with an Attorney or CPA from my team! Visit www.markjkohler.com/youtube If you need help structuring your business or setting up your S-corp to save the most on taxes and ensure maximum asset protection, click here to schedule an interview: www.kkoslawyers.com/contact-us Visit markjkohler.com for all of Mark's game-changing educational materials, take charge of your ship, and start SAVING thousands in taxes! If you liked the video, please give it a "Thumbs up!" and please subscribe to see more! Set up a self-directed retirement account at directedira.com and start saving today! Visit www.mainstreetbusiness.com to listen to Mark Kohler and Mat Sorensen break down complex Tax & Legal strategies in an easy-to-understand way every week! Follow me on Instagram, TikTok Facebook, and Twitter @markjkohler
Everything you need is right here for you! https://linktr.ee/MJKYoutube Get your tickets to the Real Estate Tax Summit here: https://realestatetaxsummit.com/ #assetprotection #Markjkohler #KKOSLawyers #CRT I have the perfect book for you. Learn how to start your own business and if you already have one HELP it grow! With my 8 Steps to Start and Grow your Business, you will be on your way to financial freedom and taking control of your money. Go check it out at https://markjkohler.com/all-books/8-Steps-to-Start-and-Grow-Your-Business-p225942102 Your financial wealth starts today! I go LIVE almost every week...Don't forget to Subscribe and Hit that bell icon so you get a notification every time I upload a new video or go LIVE SIGN UP for my weekly newsletter to download my FREE E-book "The 10 Best Tax-Saving Secrets Everyone Should Know" and schedule an Interview with an Attorney or CPA from my team! Visit www.markjkohler.com/youtube If you need help structuring your business or setting up your S-corp to save the most on taxes and ensure maximum asset protection, click here to schedule an interview: www.kkoslawyers.com/contact-us Visit markjkohler.com for all of Mark's game-changing educational materials, take charge of your ship, and start SAVING thousands in taxes! If you liked the video, please give it a "Thumbs up!" and please subscribe to see more! Set up a self-directed retirement account at directedira.com and start saving today! Visit www.mainstreetbusiness.com to listen to Mark Kohler and Mat Sorensen break down complex Tax & Legal strategies in an easy-to-understand way every week! Follow me on Instagram, TikTok Facebook, and Twitter @markjkohler 0:00 Introduction 1:47 Get a Tailored Protection Plan 3:05 AVOID THE SCAMS! 10:05 Asses Your Risks 12:40 Asses Your Assets 15:18 Just Be Smart 23:29 Due Diligence 26:30 Avoid Paying People Under the Table! 28:29 Client Testimonial (Mark Cries!) 33:02 Importance of Insurance 37:43 Umbrella Insurance, is it Worth it? 42:07 Conclusion
Use code flash15 to get an extra 15% OFF on your Real Estate Tax Summit tickets: https://realestatetaxsummit.com/ Everything you need is right here for you! https://linktr.ee/MJKYoutube #realestate #realestateinvesting #taxes #Markjkohler #KKOSLawyers #crt EVERYONE should know these strategies! A huge part of building wealth is owning real estate, either for investment, personally, or both! In this podcast, Mark and Mat break down the top tax strategies for anyone who owns (or hopes to someday own) real estate. What is the point of building wealth if you can't keep it? Don't miss any game changing tax strategies by signing up for our FREE weekly newsletter and claim Mark's free e-book here: https://markjkohler.com/contact/ I have the perfect book for you. Learn how to start your own business and if you already have one HELP it grow! With my 8 Steps to Start and Grow your Business, you will be on your way to financial freedom and taking control of your money. Go check it out at https://markjkohler.com/all-books/8-S... Your financial wealth starts today! I go LIVE almost every week...Don't forget to Subscribe and Hit that bell icon so you get a notification every time I upload a new video or go LIVE SIGN UP for my weekly newsletter to download my FREE E-book "The 10 Best Tax-Saving Secrets Everyone Should Know" and schedule an Interview with an Attorney or CPA from my team! Visit www.markjkohler.com/youtube If you need help structuring your business or setting up your S-corp to save the most on taxes and ensure maximum asset protection, click here to schedule an interview: www.kkoslawyers.com/contact-us Visit markjkohler.com for all of Mark's game-changing educational materials, take charge of your ship, and start SAVING thousands in taxes! If you liked the video, please give it a "Thumbs up!" and please subscribe to see more! Set up a self-directed retirement account at directedira.com and start saving today! Visit www.mainstreetbusiness.com to listen to Mark Kohler and Mat Sorensen break down complex Tax & Legal strategies in an easy-to-understand way every week! Chapters: 0:00 Introduction 1:55 Cool 1031 Exchange Example 7:40 What is the 1031 Exchange? 9:20 1031 Exchange Simplified 12:44 1031 Example on $1 Mil Property 16:52 The Real Estate Tax Summit 19:29 4 Examples of When the 1031 is a Bad Strategy 23:00 Sale of Home Exemption 26:07 Can an S-Corp do a 1031 Exchange? 28:18 How to do a 1031 Exchange when Partners Don't Want To 29:36 Will Kids Pay the Deferred Tax When Inherited? 34:15 Missed the Replacement Period, What Are My Options? 37:45 $750k Home Example 41:45 1031 Exchange in Partnership Questions 45:47 S-Corp W-2 Questions 47:34 Are opportunity zones limited to replacement period rules? 48:01 Due on Sale Clause 50:10 $450k Real Estate Example 55:59 Can you 1031 Nationally? 56:50 Can you 1031 Exchange a Property into a Roth? 58:35 Wyoming S-Corp, A Good Idea? 1:01:44 How much Taxes would you pay on a $750k Home?
To get your tickets to the Real Estate Tax Summit visit: https://realestatetaxsummit.com/ Everything you need is right here for you! https://linktr.ee/MJKYoutube #realestate #realestateinvesting #taxes #Markjkohler #KKOSLawyers #crt EVERYONE should know these strategies! A huge part of building wealth is owning real estate, either for investment, personally, or both! In this podcast, Mark and Mat break down the top tax strategies for anyone who owns (or hopes to someday own) real estate. What is the point of building wealth if you can't keep it? Don't miss any game changing tax strategies by signing up for our FREE weekly newsletter and claim Mark's free e-book here: https://markjkohler.com/contact/ I have the perfect book for you. Learn how to start your own business and if you already have one HELP it grow! With my 8 Steps to Start and Grow your Business, you will be on your way to financial freedom and taking control of your money. Go check it out at https://markjkohler.com/all-books/8-Steps-to-Start-and-Grow-Your-Business-p225942102 Your financial wealth starts today! I go LIVE almost every week...Don't forget to Subscribe and Hit that bell icon so you get a notification every time I upload a new video or go LIVE SIGN UP for my weekly newsletter to download my FREE E-book "The 10 Best Tax-Saving Secrets Everyone Should Know" and schedule an Interview with an Attorney or CPA from my team! Visit www.markjkohler.com/youtube If you need help structuring your business or setting up your S-corp to save the most on taxes and ensure maximum asset protection, click here to schedule an interview: www.kkoslawyers.com/contact-us Visit markjkohler.com for all of Mark's game-changing educational materials, take charge of your ship, and start SAVING thousands in taxes! If you liked the video, please give it a "Thumbs up!" and please subscribe to see more! Set up a self-directed retirement account at directedira.com and start saving today! Visit www.mainstreetbusiness.com to listen to Mark Kohler and Mat Sorensen break down complex Tax & Legal strategies in an easy-to-understand way every week! 0:00 Introduction 6:28 Sale of Home Exemption 10:48 The Trifecta 14:05 The S-Corp Strategy 19:13 Taking Advantage of Passive Losses 28:56 Cost Segregation 32:34 The 1031 Exchange 38:40 The CRT - Charitable Remainder Trust 48:54 Self-Directing - Real Estate in Retirement Accounts 53:05 Conclusion Follow me on Instagram, TikTok Facebook, and Twitter @markjkohler
To visit my website or signup for my FREE newsletter, visit: https://linktr.ee/MJKYoutube To get your trademark for $100 OFF visit: https://kkoslawyers.com/services/trademarks/ #trademark #trademarklaw #trademarkrules #businesslaw #business #smallbusiness #entrepreneur #wealth #taxes #Markjkohler #KKOSLawyers #CRT I have the perfect book for you. Learn how to start your own business and if you already have one HELP it grow! With my 8 Steps to Start and Grow your Business, you will be on your way to financial freedom and taking control of your money. Go check it out at https://markjkohler.com/all-books/8-Steps-to-Start-and-Grow-Your-Business-p225942102 Your financial wealth starts today! I go LIVE almost every week...Don't forget to Subscribe and Hit that bell icon so you get a notification every time I upload a new video or go LIVE SIGN UP for my weekly newsletter to download my FREE E-book "The 10 Best Tax-Saving Secrets Everyone Should Know" and schedule an Interview with an Attorney or CPA from my team! Visit www.markjkohler.com/youtube If you need help structuring your business or setting up your S-corp to save the most on taxes and ensure maximum asset protection, click here to schedule an interview: www.kkoslawyers.com/contact-us Visit markjkohler.com for all of Mark's game-changing educational materials, take charge of your ship, and start SAVING thousands in taxes! If you liked the video, please give it a "Thumbs up!" and please subscribe to see more! Set up a self-directed retirement account at directedira.com and start saving today! Visit www.mainstreetbusiness.com to listen to Mark Kohler and Mat Sorensen break down complex Tax & Legal strategies in an easy-to-understand way every week! 0:00 Introduction 1:23 Trademark Basics 4:30 Name is reserved with an LLC, do I still need one? 6:27 What type of businesses should have a trademark? 8:01 Trademark vs patent vs copyright 11:25 How much does it cost and how to properly get one? 12:38 What if your name/brand is already trademarked? 14:27 Special guest Jarom Bergeson introduction. 16:34 What can I trademark? 19:18 Can you trademark your personal name? 20:16 How long does it take to get a trademark? 21:31 What do you have to do to get approved for one? 23:50 How important is the timing? 24:50 Why do I need one? 28:49 Did you miss your chance to claim a trademark? 31:00 How do I use/enforce my trademark? 33:20 Why would I pay extra for an attorney? 37:37 When should I get my trademark? 43:47 Do I have to maintain a trademark? 46:42 International trademarks 48:16 What is the filing fee for a trademark? 48:35 Can you register in multiple classes? 48:55 How much does it cost if it is not approved? 50:05 What percentage of trademarks get approved? Follow me on Instagram, TikTok Facebook, and Twitter @markjkohler
The LLC vs S-Corp is a HUGE debate, but today, we will settle it live! Did you chose your entity correctly? To setup a consult with an attorney, click this link: https://kkoslawyers.com/contact-us/ To attend a workshop LIVE with Mark this fall visit: https://markjkohler.com/workshops-2022/ To get your tickets to the Real Estate Tax Summit, visit: https://realestatetaxsummit.com/ To sign up for our FREE weekly newsletter giving you Important Tax & Legal Deadlines & to get Mark's free 10 Best Tax-Saving Secrets e-book visit: https://markjkohler.com/contact/ I go LIVE almost every week...Don't forget to Subscribe and Hit that bell icon so you get a notification every time I upload a new video or go LIVE! 0:00 LLC VS S-Corp 3:35 AUDIO IS FIXED 5:45 Can you Merge an LLC & a DBA? 7:38 At What Income should you Convert to an S-Corp? 10:34 Should I buy my first home under an LLC or Personal Name? 11:30 My CPA recommended NOT setting up a trust, is he right? 13:48 How do you put the most money in a ROTH possible? 16:03 When should you take draws from your S-Corp? 17:44 Are there tax benefits of having a rental in an LLC? 20:15 When should you convert an LLC to an S-Corp? 22:01 How do you get employer 401k contributions into Roth? 23:40 What are some business events that require minutes? 25.31 If you have a partnership should an S-Corp own your %? 26:16 Should I have a Roth 401k AND IRA? 30:18 How do I pay my child out of my business? 32:33 My accountant says I won't save taxes because of Trump? 34:04 What is a reasonable payroll salary to take in an S-Corp? 35:20 S-Corp vs C-Corp? Which is better? 37:10 Should I recycle an old LLC or start a new one? 39:12 If someone is making net $1 mil should they use an S or C-corp? 39:40 Should I run income through my rental LLC for tax advantages? 41:45 Will an LLC save you taxes? 42:22 Should I convert my partnership LLC to an S-Corp? 43:26 Do I need to report who is on my Board to the state? 45:00 Asset division during a divorce questions. 47:00 Do children pay taxes on inherited assets through a trust? 47:24 Paying ordinary income vs capital gains on real estate sale? 49:20 Moving real estate out of personal name into an LLC 50:47 S-Corp Payroll Matrix example 52:09 What state should I file my LLC in? 50:50 When are umbrella insurance policies recommended? 1:01:29 Crypto Wash sale in a Roth IRA 1:01:42 Setting up new EINs for a business you purchased 1:03:25 How far back can I backdate my S-Corp conversion? 1:04:13 Strategies to avoid taxes from staking crypto income 1:06:10 How do you have both dealer and investor status? 1:08:55 Can I move personal property into an IRA? 1:11:30 Should crypto nodes go in an S-Corp? 1:13:30 What should a holding company be taxed as? #realestate #realestateinvesting #scorp #llc #taxes #Markjkohler #KKOSLawyers #CRT #taxfree #smallbusiness #business #llc
The LLC vs S-Corp is a HUGE debate, but today, we will settle it live! Did you chose your entity correctly? To setup a consult with an attorney, click this link: https://kkoslawyers.com/contact-us/ To attend a workshop LIVE with Mark this fall visit: https://markjkohler.com/workshops-2022/ To get your tickets to the Real Estate Tax Summit, visit: https://realestatetaxsummit.com/ To sign up for our FREE weekly newsletter giving you Important Tax & Legal Deadlines & to get Mark's free 10 Best Tax-Saving Secrets e-book visit: https://markjkohler.com/contact/ I go LIVE almost every week...Don't forget to Subscribe and Hit that bell icon so you get a notification every time I upload a new video or go LIVE! #realestate #realestateinvesting #Cryptocurrency #taxes #Markjkohler #KKOSLawyers #CRT #taxfree #smallbusiness #business #llc
Everything you need is right here for you! https://linktr.ee/MJKYoutube Get your tickets to one of this Fall's workshops: https://markjkohler.com/workshops-2022/ #LLC #S-corp #smallbusiness #entrepreneur #taxes #Markjkohler #KKOSLawyers #CRT Questions: 0:00 Introduction 3:00 Understanding Bankruptcy 5:25 Solo 401k Rules 8:54 Which Entity is Best for Doing International Business? 11:54 Roth Solo 401k Contribution Questions 14:39 Payroll Sweet Spot in Your S-Corp 18:10 Writing Off Start-Up Costs 24:49 Back Dating your S-Corp Conversion 25:50 Moving Deduction / Home Office Deduction strategy 28:52 The Difference Between Holding & Managing Companies 37:55 Limited Partnerships or LPs 41:00 Can you max out a Roth and Traditional IRA in the same year? 44:59 Strategies to Shut Down a Business I have the perfect book for you. Learn how to start your own business and if you already have one HELP it grow! With my 8 Steps to Start and Grow your Business, you will be on your way to financial freedom and taking control of your money. Go check it out at https://markjkohler.com/all-books/8-Steps-to-Start-and-Grow-Your-Business-p225942102 Your financial wealth starts today! I go LIVE almost every week...Don't forget to Subscribe and Hit that bell icon so you get a notification every time I upload a new video or go LIVE SIGN UP for my weekly newsletter to download my FREE E-book "The 10 Best Tax-Saving Secrets Everyone Should Know" and schedule an Interview with an Attorney or CPA from my team! Visit www.markjkohler.com/youtube If you need help structuring your business or setting up your S-corp to save the most on taxes and ensure maximum asset protection, click here to schedule an interview: www.kkoslawyers.com/contact-us Visit markjkohler.com for all of Mark's game-changing educational materials, take charge of your ship, and start SAVING thousands in taxes! If you liked the video, please give it a "Thumbs up!" and please subscribe to see more! Set up a self-directed retirement account at directedira.com and start saving today! Visit www.mainstreetbusiness.com to listen to Mark Kohler and Mat Sorensen break down complex Tax & Legal strategies in an easy-to-understand way every week! Follow me on Instagram, TikTok Facebook, and Twitter @markjkohler
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Mark’s Latest Blog Posts

Top 10 Ways to Avoid an IRS Audit

Top 10 Ways to Avoid an IRS Audit

IRS enforcement is increasing and it’s critical to know how to avoid an Audit. With the passing of the Inflation Reduction Act, the IRS was given an 80 Billion budget increase, essentially doubling the size of the IRS. If you didn’t think there was a target on your...

How to Use a Board of Directors

How to Use a Board of Directors

Setting up a Board of Advisors or Board of Directors can be one of the greatest keys to success for an entrepreneur.   Having a Board of Directors or Advisors is a ‘support team’ to give encouragement, advice, and guidance regarding your vision and goals. Face it,...

How to Write-off Your Travel Expenses

How to Write-off Your Travel Expenses

A tax deduction for your travel expenses is one of the most underutilized tax deductions by small business owners today! Making sure our travel has a ‘business purpose’ is critical. It’s a perfect opportunity for business owners to take a great tax write-off. In fact,...

All of Mark's Articles

Mat’s Latest Blog Posts

6 Critical Trademark Considerations

6 Critical Trademark Considerations

Many clients wonder whether they need to trademark their business name. A trademark is a legal protection given to a business name or slogan and allows the owner to prevent others from using the same name or slogan. The purpose of a trademark is to give the owner of...

Solo 401K Form 5500 Tax Filing and Five-Point Compliance Checklist

Solo 401K Form 5500 Tax Filing and Five-Point Compliance Checklist

Solo 401(k)s have become a popular retirement plan option for self-employed persons. These plans put the business owner in control of the plan but with that control also comes responsibility. Unfortunately, many solo 401(k) plans are not properly maintained and are at...

All of Mat's Articles

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