Main Street Business

#443 Tax Strategies and Business Structures: Open Forum


Listen Later

In this episode of the Main Street Business podcast, hosts Mark J Kohler and Mat Sorensen address a range of listener questions on various financial topics. 

They discuss in detail the concept of Safe Harbor 401K for small business owners and the benefits it provides for tax saving and investing. They also delve into the strategy of setting up separate LLCs for owning and operating businesses, explaining how it can offer tax advantages through self-rental. 

The hosts also address a common strategy known as the backdoor workaround switch, often used by high-earning professionals like doctors and dentists for their retirement savings. They also respond to individual queries about gifting money, the tax benefits of purchasing an RV, and the ideal structure for construction companies.

For more game-changing financial strategies, be sure to like and subscribe to the podcast, and sign up for our weekly newsletter to get more FREE education every week: https://markjkohler.com/contact-us/

  • Grab my eBook 30 Unique Strategies Every Business Owner Should Know!
  • You don't want to miss this! Secure your tickets for the #1 Event For Small Business Owners On Main Street America: Main Street 360
  • Looking to connect with a rock star law firm? KKOS is only a click away!
  • Are you ready to get certified in EVERY strategy I teach? Start your journey with a FREE 15-minute discovery call to explore the Main Street Tax Pro Certification.
  • Check out our YOUTUBE Channel Here: https://www.youtube.com/markjkohler
  • Craving more content? Check out my Instagram!
...more
View all episodesView all episodes
Download on the App Store

Main Street BusinessBy Mark J Kohler and Mat Sorensen

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

571 ratings


More shows like Main Street Business

View all
BiggerPockets Real Estate Podcast by BiggerPockets

BiggerPockets Real Estate Podcast

16,771 Listeners

The Real Estate Guys Radio Show - Real Estate Investing Education for Effective Action by The Real Estate Guys

The Real Estate Guys Radio Show - Real Estate Investing Education for Effective Action

711 Listeners

Creating Wealth Real Estate Investing with Jason Hartman by Jason Hartman

Creating Wealth Real Estate Investing with Jason Hartman

536 Listeners

Get Rich Education by Real Estate Investing with Keith Weinhold

Get Rich Education

604 Listeners

Wealth Formula by Buck Joffrey by Buck Joffrey

Wealth Formula by Buck Joffrey

406 Listeners

Passive Real Estate Investing by Real Estate Investing with Marco Santarelli, Investor and Entrepreneur.

Passive Real Estate Investing

974 Listeners

Real Wealth Show: Real Estate Investing Podcast by Kathy Fettke / RealWealth

Real Wealth Show: Real Estate Investing Podcast

422 Listeners

Tax Smart Real Estate Investors Podcast by Hall CPA

Tax Smart Real Estate Investors Podcast

418 Listeners

The WealthAbility Show with Tom Wheelwright, CPA by The Rich Dad Media Network

The WealthAbility Show with Tom Wheelwright, CPA

513 Listeners

Small Business Tax Savings Podcast by Mike Jesowshek, CPA

Small Business Tax Savings Podcast

254 Listeners

Ken McElroy Show by Ken McElroy

Ken McElroy Show

721 Listeners

Directed IRA Podcast by Mat Sorensen and Mark Kohler

Directed IRA Podcast

166 Listeners

BiggerPockets Daily by BiggerPockets

BiggerPockets Daily

329 Listeners

The Lifestyle Investor - Investing, Passive Income, Wealth by Justin Donald

The Lifestyle Investor - Investing, Passive Income, Wealth

290 Listeners

On The Market by BiggerPockets

On The Market

897 Listeners