In this episode of the Main Street Business Podcast, host Mark J Kohler and Mat Sorensen guide small business owners through the journey of building wealth. They delve into the unique characteristics of investing as a business owner and lay out a multi-phase roadmap for financial success.

Here's what you can expect:

• A comprehensive look at the financial challenges and opportunities specific to small business owners.
• Practical advice on managing debt, building cash reserves, and optimizing your business for financial growth.
• In-depth discussion on the role of Roth IRAs, Solo 401Ks, and real estate investments in wealth building.
• Insightful exploration of alternative investments and the strategic use of life insurance in financial planning.
• Guidance on preparing for retirement, including strategies for Roth conversions and managing Social Security benefits.

Whether you're just starting your business or looking to take it to the next level, this episode offers a wealth of knowledge to help you navigate your financial journey. Tune in to gain practical tips and strategies to build wealth, protect your assets, and achieve financial freedom as a small business owner.

• 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
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In this episode of the Main Street Business Podcast, host Mark J Kohler unpacks and breaks down the best ways to tackle Capital Gains tax. He maps out ten helpful strategies that can give you the edge you need to offset Capital Gains and save thousands of dollars.

Here's what you can expect:

• An in-depth view of ten powerful strategies aimed at navigating capital gains tax, typically kept behind a paywall, now accessible for all.
• Valuable insights usually reserved for the wealthy elite.
• A clearer perspective of CRT, 1031 Exchange, Opportunity Zones, Installment Sales, and more, to help you take on capital gains tax with confidence.
• Secrets to managing professionals effectively for optimal results and substantial savings.
• More practical applications that can be used to mitigate capital gains tax burdens effectively.
• A better understanding of how these strategies can benefit small and large businesses, as well as individuals.

If you’ve been looking for a compass to help you navigate the complex Capital Gains landscape, this is one episode you don’t want to miss. Whether you’re managing a small business, big business, or just yourself, these strategies give you the tools you need for achieving the best results.

• 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!

In this episode of the Main Street Business Podcast, hosts Mark J Kohler and Mat Sorensen share their insights on building a passive income empire. They lay out a three-step formula, backed by their years of experience as tax attorneys, to help you achieve financial freedom.

Here's what you can expect:

• A discussion on the importance of having a side hustle or small business, emphasizing its role as a revenue-generating asset that can fuel your future investments.
• Practical advice on investing in real estate, offering a range of options from single-family homes to commercial properties, and emphasizing its role as a wealth-building asset in America.
• An explanation of the role of retirement accounts in wealth accumulation. They debunk misconceptions around retirement accounts and highlight the benefits of self-directing your investments.
• Real-life examples of how clients have used these strategies to build wealth and secure a comfortable retirement.
• A valuable perspective on the commitment and discipline required in wealth building, encouraging listeners to view wealth as a decision rather than a destiny.

Whether you're starting your journey towards financial independence or looking for ways to optimize your current strategy, this episode is packed with valuable insights and practical advice. Tune in to learn how to structure and methodize your investments for optimal growth and a worry-free retirement.

• 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!

In this episode of the Main Street Business Podcast, Mark J Kohler welcomes Dolf De Roos, a globally recognized real estate investor and best-selling author. They delve into the intricacies of real estate investing and the potential it holds for significant returns.

Here's what you can look forward to in this episode:

• Dolf shares his journey from being a PhD holder to becoming a real estate investor, mentor, and author of 11 best-selling property books.
• He provides valuable insights into how creativity and a mindset shift can drastically increase returns in real estate investments.
• Mark and Dolf discuss the current landscape of real estate investing, including the impacts of leverage, hidden value, personal value addition, and the ability to strip out equity.
• Dolf introduces his unique approach to real estate investing, emphasizing the importance of understanding market dynamics and being able to spot underpriced properties.
• He underscores the importance of persistence and knowledge in real estate investing, sharing how his experiences have shaped his strategies.
• The significance of resilience, a keen eye for opportunities, and maintaining a clear vision amidst challenges in the real estate investment journey are also discussed.

Don't miss Dolf De Roos' one time live event "The Right Real Estate Deals to Generate Passive Income" - https://www.dolfderoos.com/training-web-a

• 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!

In this episode of the Main Street Business Podcast, hosts Mark J Kohler and Mat Sorensen provide a guide to securing a sound retirement plan. They engage in a highly informative conversation, offering step-by-step strategies to help you reach your financial goals.

Here's what you can look forward to:

• An analysis of how much you should be saving based on your current age, with a clear goal of attaining a $2 million retirement fund.
• Insightful advice on how to effectively manage your savings and investments, with a clear explanation of the 4% rule and the 6% rule.
• Practical suggestions on the ideal structures for your savings, emphasizing the benefits of Individual Retirement Accounts (IRAs) and Roth accounts.
• An introduction to the concept of 'self-directing', where you get to invest in what you know best, unlocking greater returns.
• A clear exposition of the 'Rule of 72', an equation that tells you how long it takes for your money to double.
• A discussion on the importance of starting early when it comes to saving and investing, emphasizing the power of compounding interest.

This episode is a must-listen for anyone seeking to secure a robust retirement plan. It offers a wealth of knowledge on everything from saving strategies, investment structures, and understanding rates of return. Tune in and take a step closer to achieving a retirement you can truly look forward to.

• 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!

In this episode of the Main Street Business Podcast, Mark J Kohler welcomes Mike "C-Roc" Ciorrocco, the man behind the 'What are you made of?' movement and the CEO of People Building, Inc. The duo dive into the concept of brand building to grow a business.

Here's what you can look forward to in this episode:

• Mike shares his journey from the mortgage industry to becoming a renowned performance coach, public speaker, and author, focusing on personal branding and business growth.
• He provides valuable insights into the mindset shift needed to see oneself not just as a professional in a field, but as a unique brand with a valuable message to share.
• Mark and Mike discuss the current landscape of personal branding and marketing, including the impacts of consistency, authenticity, and networking.
• Mike introduces his unique approach to building a brand, emphasizing the importance of aligning one's thoughts, words, actions, and environment with their mission.
• He underscores the importance of networking and community in building a brand, sharing how his agency provides a supportive network and comprehensive resources for clients.
• The significance of resilience, mental toughness, and maintaining a clear vision amidst challenges in the entrepreneurial journey is also discussed.

Book a FREE discovery call with Mike's Podcast Networking Agency - https://that1agency.com/

• 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!

In this episode of the Main Street Business Podcast, hosts Mat Sorensen and Mark J Kohler delve into managing personal finances and small businesses in an uncertain economic climate. Their lively conversation is packed with insightful advice and practical strategies.

Here's what you can look forward to:

• A detailed discussion on the importance of having a clear financial plan, regardless of the economic climate or election year.
• Valuable insights on managing personal debt strategically and the necessity of tracking income and expenses.
• Practical advice on diversifying income sources and the importance of continually enhancing skills and knowledge.
• An in-depth exploration of pricing strategies and product diversification in small businesses.
• A thoughtful dialogue on the need to cut low-margin activities and unnecessary costs for better financial stability.
• An engaging narrative on the Phoenix Open waste management issue, which serves as a real-life example of the importance of having a plan to weather unexpected situations.

This episode is a must-listen for anyone who wants to navigate their personal finances or small businesses more effectively in unstable economic times. It offers a wealth of knowledge on everything from debt management and budgeting to pricing strategies and cost-cutting measures.

• 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!

In this episode of the Main Street Business Podcast, hosts Mark J Kohler and Mat Sorensen delve deep into the challenges and opportunities of running a farming operation. They provide their expert insights on eight distinct, yet interconnected, farming strategies that can help both budding and seasoned farmers.

Here's what you can look forward to:

• A detailed examination of the S Corporation strategy, highlighting how it can enhance tax efficiency and profitability in farming operations.
• An exploration of asset protection strategies, focusing on the balance between operations and assets, and the importance of maintaining a proper business structure.
• In-depth advice on how to navigate the tricky situation of a C Corporation, offering practical steps to transition to a more efficient structure.
• A discussion on the common pitfall of overbuying equipment that farmers often fall into, with tips on how to make smarter investment decisions.
• Insights into the challenge of being "land rich and cash poor," emphasizing the importance of diversifying investments and ensuring cash flow security.
• Guidance on maintaining your entities and having a board of directors or board of advisors within your family to oversee the business.
• An overview of estate planning related to farm transition, stressing the need for a clear and comprehensive plan.
• Advice on farm succession planning and the importance of training the next generation and planning for the future of the farm.
  
  

This episode is a must-listen for anyone involved in the farming industry, interested in asset protection, tax-saving strategies, and those planning for the future of their farming business.

• 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!

In this episode of the Main Street Business Podcast, hosts Mark J Kohler and Mat Sorensen offer their expertise on wealth building strategies, tax planning, and legal perspectives for both budding and seasoned entrepreneurs. They discuss four case studies, each bringing unique circumstances and challenges to the table.

Here's what you can look forward to:

• An exploration of how to buy real estate with an IRA or 401K, providing an alternative to traditional investment options.
• An in-depth discussion about the potential of rental properties as a small business, and how to leverage tax write-offs for passive loss carry forward.
• Advice on the process and considerations of selling a business, from structuring the deal to tax implications.
• Insights into the potential of using a Charitable Remainder Trust (CRT) as a tax-saving strategy during the sale of business or real estate.
• They touch on important legal structures, such as S corporations and LLCs, and their role in protecting assets and saving on taxes.
• Lastly, they explore the concept of the 'long game' in real estate investment and how the benefits compound over time. 

This episode is a must-listen for anyone interested in real estate investment, tax-saving strategies, and those planning to buy or sell a business.

• 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!

In this episode of the Main Street Business Podcast, hosts Mark J Kohler and Mat Sorensen discuss various topics related to business, taxes, and legal structures. They answer questions from listeners about tax benefits for small businesses, the benefits of S corporations, and strategies for real estate investing.

Here's what you can look forward to:

• A detailed explanation of how an EV vehicle can be written off, even if you receive the EV credit for the vehicle.
• An insight into the process of converting a professional limited liability company (PLLC) to an S corporation and how this can help save on self-employment tax.
• A discussion on the implications of having multiple businesses owned by an S corporation holding company.
• Advice on using an LLC to protect assets, with a particular focus on holding liquid assets.
• Tips on managing business expenses for meals and how these can be claimed as business deductions.
• The episode concludes with guidance on how to diversify investments into real estate, specifically short-term rentals in different states.

This episode is a must-listen for small business owners, side hustlers, and anyone interested in understanding the complexities of tax law, the potential benefits of different legal structures, and strategies for protecting assets and diversifying investments.

• 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!