Mark Kohler explains how crypto traders can save thousands by structuring their activity as an LLC and S-corp. He covers using a Charitable Remainder Trust for built-in gains, building a Roth, and reinvesting profits into real estate to reduce taxes and audit risk while building long-term wealth.
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Do you know the number one cost in your life is not a house payment? It's not food, it's not auto, it's taxes. The number one cost in your life is going to be paying taxes. Do you want to talk about it? You want to deal with it? Because I'll make it easy to learn. I'll make it simple. And I'm telling you exactly what to do here. If you've got built in gains, you look at the crt, Charitable Remainder Trust. If you want to trade, let's start building a tax free trading account called a Roth. And if you're earning crypto, let's get you incorporated. Let's get you an LLC and an S corp and start treating it like a business. And you're going to start becoming a business owner. It's going to build your credit, it's going to save you from an audit. It's going to make you money and wealth more than you can imagine and save you taxes over and over again. So now you can take your profits, go buy real estate, go diversify and build real wealth.