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4 contributions to Tax Savings
Year End
Hi Guys with year end coming fast, do any of you have any questions you would like answering?
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New comment Dec '23
0 likes • Dec '23
How can I strategically leverage available tax incentives and deductions to optimize my year-end tax situation and enhance overall tax efficiency for my business?
Loved the free mini course 🙏
Hey KC, Looking at starting a side hustle so was curious to learn to set things up right! Man, your free course on tax tricks was a total eye-opener! You seriously know your stuff. The story about Larry and how you saved him a cool $10 million in a year? That’s just nuts. I was especially wowed by the whole basic tax moves versus those elite trust setups. Who knew the super-rich had such moves? Your list of top 10 tax loopholes for 2023 was a gem. When working with a CPA, it’s nice to see if I’m missing any golden deductions. I’m gonna dive into the full 50 you mentioned. (Where can this be found?) Your course was beyond helpful, KC. I feel like I can talk taxes now without getting totally lost. Can’t wait to see what else you’ve got in store. Massive thanks for sharing your knowledge! Cheers, JS
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New comment Nov '23
0 likes • Nov '23
hey @Molly Blaise , When I posted this, the mini course was free through the classroom tab, but now I can't find that tab. Maybe they're updating things or moved it somewhere else. I also booked a call on their site, and it was really useful. They gave me some specific tips for my business. I also met with the team who were able to unlock additional courses for me
Welcome - Start Here
Hello! Welcome to the Tax Savings Group The goal of this community is to help Business Owners save on taxes and ensure your team are using all available advantages Here is a FREE Tax Calculator tool you can use to see how much you are overpaying on taxes and how to prevent it. To kick things off, please create a post introducing yourself. Let us know: 1. Who you are, what you do, and the top thing you would like to receive from the community 2. A problem you're currently working on (what's keeping you up at night) 3. How can we help? 4. Setup a call with our team: http://tinyurl.com/adamcall Then feel free to ask questions, add value, ask for help, or share any cool content you've recently found. Watch the video posted in the comments for a video on what to expect from this group Enjoy. Kc Chohan Founder Together CFO
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New comment May 15
0 likes • Aug '23
@Kc Chohan is it just me or is this video no longer available… here’s what I see when I tap to play it 👇
0 likes • Sep '23
@Jeffrey Morrison No doubt it’s just a simple welcome video… I’m sure he’s off making gold content in the meantime 👍🎥
If the trust makes most of the income, how do I get a loan?
Curious about trusts and mortgages? If you're considering setting up a trust, you might be wondering whether it could impact your ability to secure a mortgage. Good news: you can still qualify for a mortgage even if your income flows through a trust. Here's the scoop: While traditional mortgages rely heavily on personal income, there's a trust-friendly approach that's gaining traction. If most of your income lands in a trust, you can use bank statements from the trust itself to qualify for a mortgage. This is especially valuable for those in real estate or high-net-worth individuals. By showcasing consistent monthly deposits into the trust's account, you demonstrate your repayment capability. This approach offers a solution for those who aren't following the standard W-2 path and are concerned about their mortgage eligibility when considering a trust setup. Why It Matters: As you explore financial strategies, rest assured that embracing a trust doesn't mean giving up mortgage opportunities. This innovative approach combines your financial expertise with mortgage adaptability. By understanding this trust-mortgage connection, you can confidently make decisions that align with both your financial goals and mortgage aspirations.
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New comment Aug '23
If the trust makes most of the income, how do I get a loan?
1 like • Aug '23
Thanks @Adam David! Kc’s awesome fireside chat with Lee Appleby on mortgages! Loved learning about QM vs non-QM. Who knew non-QM was cool for trust incomes? Lee's way of checking trust bank statements instead of a mountain of tax papers? Genius. And his chat about ARMs and their rate caps? Mind blown. Oh, and the bits about reverse mortgages and those tricks with interest rates? Super handy. Lee's a mortgage wizard and you sharing this is gold. Thanks a ton! 🙌
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Jono Srhoj
2
15points to level up
@jono-srhoj-7677
Passionate about community-building & lifelong learning 🤓 Believe in power of collaboration & education to drive positive change 🌍

Active 7h ago
Joined Aug 24, 2023
ENTP
California
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