Want a $1,000,000 TAX FREE? Do This…

by | Dec 9, 2022 | Roth IRA | 36 comments




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36 Comments

  1. Kenneth Lucas

    Does whole life act as a good IBC and IUL policy for wealth preservation and tax benefits according to Chris Naugle and Doug Andrew?

  2. Crypto King

    Unfortunately, compounding interest isn’t what it use to be.

  3. Todd Maek

    Can a disabled veteran invest in a retirement account? I have been getting mixed answers.

  4. Todd Maek

    Can a disabled veteran invest in a retirement account? I have been getting mixed answers.

  5. NW

    I have a self directed IRA and I have a business. Can I invest in my own business?

  6. Rambeau72

    Forget the Dollar! Silver and Gold for the Great Reset! We are at the end of a cycle!!

  7. sherry gorman

    Mark YOU ROCK!!!! ❤You are AMAZING!!!!! I sooo APPRECIATE these videos!!! This is exciting information!!

  8. Darren Carter

    Duluth, MN is lovely.

  9. edwin8410001

    Mark . You are awesome.
    Thank you so much for teaching all this steps,
    can people start Roth Ira with an ITIN number?

  10. Doberfitz

    Mark Kohler can make any subject fascinating! Love this guy!

  11. NERD INSIDE

    I set up a SDIRA at Directed IRA last year and KKOS set up my LLC owned by the Roth, and then I set up a bank account at Titan Bank for the LLC. I also set up some institutional accounts with SDIRA at crypto exchanges so I can buy crypto if I want. But then the crypto market took a dive and I was glad I didn’t invest in crypto at the high.

    I just started working again and will be able to max out my Roth for 2022. I’m not really understanding how to do the Backdoor Roth to contribute over $6k for 2022. I only have employment income and my take home pay is 100% discretionary and almost enough to max out the Roth, Backdoor Roth and mega Backdoor Roth. Do I have to start a business to fully max out the contributions? I want to buy a 4plex or larger multi unit property next year with my Roth funds. Now that I’m in a position to begin contributing to the SDIRA, what do I do after 6k? Set up a business and do 401ks? I want everything to be Roth so it’s tax free.

  12. AVX

    Also try to make more. Active income to more than $1M is still your responsibility.

  13. Jennie Lam

    Thank you Mark, as always love all your videos.

  14. xmess7

    Mark: Hi, I been following you (not in a stalker way, of course LOL) for the last couple of years. Your info is fantastic. I understand all the concepts you present and like the way you provide "enlightment". Especially to the youger crowd lol. Anyhow, Here's my question. How about making "gains" on gambling? In particular on-line gambling with crypto. Can this type of "investment" or "gain" by produced by say by an LLC that is owned by an IRA?? Thnx,, Jess

  15. Marcelino Barrows

    I retired last month. Having a bucket system really helps me remain calm during the recent volatile market,
    The only problem is I still have over $1 million of mortgage debt. I can easily get rid of it if I sold some liquid assets.
    Do you think it's better to prioritize paying down the mortgage or keep my money working in the financial markets?

  16. Gloria Leon

    Can you talk about when the stock market falls and we loss money ?

  17. Max-D

    The best way to describe the present economy is 08' 2.0. Yes stocks are at a discount and things will eventually get better but my monthly living expense is up $3750 from $1600 and I'm left wondering what retirement have in store for me 5years down the line, I'm ill-prepared tbh, my 401k gains are zero-nothing and my stock portfolio?…OH WELL!

  18. Sleeping Yogi

    Not sure what's more exciting. Tax free or Seven Mill. Definitely tax free…. or am I nutz?

  19. Sleeping Yogi

    The Gov is coming for Mark and Matt

  20. Sleeping Yogi

    "I need a million dollars to keep me warm for 2 nights in 10 years."

    -Love my Thoughts

  21. Mark Anthony Germanos

    Is depreciation the fourth quadrant? I want some good news at tax time…

  22. Lisa Cousins

    Love your videos! Thank you so much! Question .. can you still do a back door Roth if you already have an IRA? Are there tax consequences on all of your IRA’s in total when you roll over into a Roth?

  23. Travis Piercy

    I really need to set myself up I just turned 44 and have not enough but I am working putting money away but I need help doing it to maximize my money

  24. Traveling with Danalys

    Hello Mark
    I’m a single mon, taking care of my kid and Mom, working very hard to pay my bills but the IRS is always after me, I need to open a business like Rentals, etc I do have an IRA account, please, please I need your help big time, you just a genius.
    And assets protection as well. I need your advised about open an LLC etc.
    I pay to much taxes a d is not fair, I barely making it to pay all my bills. Thanks so much for your help
    Danalys

  25. Andrea Wisner

    Question: What are the benefits of self-directing a regular IRA.

  26. In Too Deep

    You're so excellent at helping people understand what our options are. Thank you.

  27. dmontana49

    Hi Mark, great video, thank you very much! I have two questions: 1) how do you set up an LLC with funds from multiple Roth IRAs (around min 29)? Are the self directed members of another LLC that owns the property? 2) In another podcast (I believe the Directed IRA one) I thought I have heard that we needed to put 50% down to buy a property in a self directed IRA, do I remember incorrectly? The example here (same time, around min 28) talks about 20% down…Thank you!

  28. Jay R

    Am I missing something? My job does not offer a 401K ROTH. So how can I do this?

  29. borngreat777

    Hey Mark. Great video however the math on the 5% appreciation was wrong. You made $5000 not $500 so the equity increase should be $7000 NOT $2500. So from your example , the Return should be 45% not 22.5%

  30. Tech Lume

    I am so grateful to watch and listen to your words. I am acting now to make changes in my life. Thanks a lot.

  31. J D

    59….ugh. I was always told you had to have a minimum of $2000 to open a Roth IRA obviously that was incorrect advice

  32. jwollen78

    Is there a formula for how much you can roll over or convert if you already have other ira's? Say i have 100k in other ira's. Doesn't that restrict me from doing a backdoor ira for say 6k this year?

  33. Juniper Greene

    With maxed out regular 401k, Roth can still be open with after tax income? Just got your book. Thank you for the great videos!

  34. Vince

    Hey Mark Great video I sent you a referral Dr Wild should be contacting you, retiring soon and he needs your expertise. Rentals and business great guy help him out. I remember your book LAWYERS are liars.

  35. 2010 BTC So what!

    You talking that $*** today !!! Ye$ sir!

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