MARK KOHLERMain Street Professionals, Main Street Professionals, Main Street Professionals, Main Street Professionals, Main Street Professionals, LLC · Owner at Main Street Professionals, LLC

The 28% Tax on Collectibles (And the ONLY Smart Way Around It)

5 Feb 2026 · 1 min

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This content was created by MARK KOHLER. This content was uploaded by MARK KOHLER. This is a YouTube video titled "The 28% Tax on Collectibles (And the ONLY Smart Way Around It)" (created 2026-02-05) featuring Mark Kohler giving a tax-advice presentation. Kohler explains that sales of collectibles face a flat 28% tax, that LLCs or corporations (including Wyoming LLCs) won't help, and recommends using a charitable remainder unitrust (CRUT): donate the collectible to the trust, receive a partial charitable deduction (example given ~10% on a $1M asset), obtain quarterly income distributions (taxable when received), preserve the principal in the trust, and gain asset-protection benefits. The content is a single-speaker explanatory/tax strategy segment.

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For those that didn't know, when you sell a collectible, there's a flat rate, it's 28%. Kind of sucks. An LLC is not going to help you at all. A corporation is not going to help you. And heaven forbid someone sells you the scammed crazy idea of setting up a Wyoming llc. How the hell is that going to help? But what can you do? The first thing that I think would be the best strategy to be honest and let you keep every red cent and continue to invest in other items is by doing a charitable remainder unitrust a crutch. Now hear me out. This doesn't mean you're just giving your money to charity. You're going to set up a charitable trust, donate this collectible item, whatever it is, to the trust, you're going to get a tax deduction of about 10% or whatever the value is. So if you donate a million dollar asset, you're going to get a hundred thousand dollar deduction. Well, you're like, why don't I get a full deduction? Because the charity doesn't get the asset right now or whatever is in the account, it gets it when you die. So for the next 20 years or the rest of your life, whichever's longer, whatever, in that trust, every year it's going to be calculated for its fair market value every January 1st and you're going to get a percentage of it paid out quarterly for the rest of your life. Asset protected from a lawsuit even. Amazing. Now you will pay tax when that money comes out every quarter. But the original pie is not sliced out of taxes. You get the entire million in that account.