Main Street Business

The podcast dives into the recently signed tax legislation, highlighting its significant impact on personal and business taxes. It explains individual tax breaks and crucial changes to state and local tax deductions. The discussion also covers benefits for seniors and small business owners, offering valuable insights into navigating the new landscape. Listeners are encouraged to strategize ahead of 2025, ensuring they maximize potential savings and advantages. This informative session equips audiences with key planning tactics for the future.

Chris Loeffler, CEO of Caliber with $2.9 billion in assets under management, discusses the present real estate market's rare opportunities. He emphasizes why commercial real estate is undervalued compared to the peaks of 2008, exploring conversions from distressed office spaces to multifamily units. Chris also highlights the changing landscape for investors, including the growing relevance of alternative assets and self-directed IRAs. This conversation is crucial for anyone interested in navigating today's real estate investments.

Explore how to transition your retirement accounts from Wall Street to Main Street with innovative investment strategies. Discover the benefits of self-directed IRAs and how they allow investments in real estate, crypto, and more. Master Roth IRAs for maximizing tax-free wealth while taking control of your financial future. Learn to set up an IRA LLC for flexibility and asset protection. Unlock the potential of diverse investments beyond traditional stocks and grasp the steps to enhance your wealth-building journey.

Gene Simmons joins us for an unforgettable masterclass on business, life philosophy, and how KISS built a billion-dollar brand through strategic thinking and trademark protection.• The precious nature of time and why "you will never get this day back"• Why the "get rich slow scheme" is more reliable than get-rich-quick fantasies• How KISS became the only band whose faces are trademarked like Disney characters• The recent billion-dollar sale of KISS to Pop House company• Coming from humble beginnings with a Holocaust survivor mother who taught resilience• The dangers of telling small lies versus "the biggest, most monstrous lie"• Why Gene's solo band sometimes makes more money than KISS with 60 personnel• The power of opportunity and why most people miss it• How AI and algorithms are already reshaping industries faster than most realize• The importance of having a laser focus and clear vision for successEvery day above ground is a good day. If you're surviving in America with food in your belly, you have nothing to complain about. 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!

Breaking News - Senate Tax Bill Text Released. With both the House and Senate versions now on the table, which proposal offers bigger tax cuts? Which one could save you more money? I’m breaking down the differences between the House and Senate proposals and what’s changing and how it will affect you.Intro & Why This Tax Bill Matters00:00 - 00:02:25Expiring Tax Provisions in 202600:02:25 - 00:03:32Standard Deduction & Income Tax Rates00:03:32 - 00:09:07Child Tax Credit Breakdown00:09:07 - 00:10:59State and Local Tax (SALT) Deduction Debate00:10:59 - 00:15:13No Tax on Tips & Overtime Explained00:15:13 - 00:20:14Small Business Tax Breaks (QBI & Bonus Depreciation)00:24:02 - 00:29:27House vs. Senate: Final Comparison00:29:27 - 00:30:25 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 and Mat Sorensen walk you through the full business lifecycle—showing you how to start lean, systemize operations, scale smart, and exit on your terms. Get ready for real-world strategies that actually work.Here are some of the highlights:Mark shares his experience in the startup phase, emphasizing the importance of not suffocating the business.Mat highlights how scaling a business involves scaling people, not just systems.Mark & Mat discuss the challenges of duplicating oneself in the business and the importance of having a clear vision.The need for a balanced approach to scaling, including personal financial planning.The challenges of finding the right person to take over the business and the importance of understanding key performance indicators.The optimization phase, focusing on efficiency and systemizing to make money.How to evaluate your team and ensure you have the right people in place to support scaling the business.Start planning for your eventual exit, even if it's years away, by working on improving financials and operations. 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 and Mat Sorensen take on your toughest tax and business questions in an open forum style. From setting up the right business structure to handling a home office deduction the smart way, they give you the tips you wish your accountant and attorney actually explained. It’s smart, fast-paced advice that real Main Street entrepreneurs can put into action.Here are some of the highlights:Mark and Mat discuss the benefits and drawbacks of not getting married and having a revocable living trust.Mat shares his experience of owning real estate with a partner without a revocable living trust, emphasizing the importance of a buy-sell agreement.Mark discusses the benefits of having an estate plan and provisions to take care of each other in case of death.The options of treating the rental income as a gift or claiming it as rental income and expenses.How an LLC allows for de minimis expense accounting, which can be beneficial for startups.Emphasize having a home office deduction to qualify for other business-related deductions.Importance of planning for the distribution of assets in a trust to minimize tax implications and ensure the beneficiaries' needs are met.The limitations of umbrella insurance and focusing on proper insurance and asset protection through LLCs.Advise being transparent with the spouse and choosing the right type of lawyer to minimize conflict and costs. 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 and Mat Sorensen explain why every adult—single or married, wealthy or not—needs a will and a revocable living trust. Learn the practical steps for setting up your estate plan, naming a trustee, and ensuring your assets stay protected and your wishes are followed.Here are some of the highlights:Mark emphasizes the importance of having a will, noting that 50% of Americans do not have one.Mat explains that a trust allows for more control over who gets what, when, and under what conditions.Mark and Mat discuss the flexibility of a trust, including the ability to amend it as life circumstances change.Example of Robin Williams' will being made public, highlighting the privacy benefits of a trust.A living trust is effective immediately and can be funded with assets during one's lifetime.The concept of a "trifecta" or "pitcher" that brings together all the elements of an estate plan.Mark clarifies that a trust does not provide asset protection and should not be used for that purpose. 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 and Mat Sorensen take a deep dive into the six LLC structures every entrepreneur, investor, and licensed professional should understand. Whether you're starting a business, protecting rental properties, or building wealth with a high-net-worth strategy, this episode breaks down how to choose and use the right LLC to match your goals.Here are some of the highlights:Mark and Mat discuss the six types of LLCs, starting with the most common type for rental properties.Mat explains the benefits of a single-member LLC for asset protection and the flow-through of taxes on personal returns. The importance of setting up LLCs early for protection and the potential need for multiple LLCs for multiple properties.Mat breaks down the tax savings from avoiding self-employment taxes and the importance of taking a reasonable salary.Mark and Mat highlight the advanced planning and asset protection strategies associated with COPE LLCs.Mark and Mat introduce the series LLC, which allows for separate liability treatment for multiple properties.How separating different types of LLCs for asset protection and tax planning is crucial. 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!

Discover how anyone can set up a family office, not just the ultra-rich! Learn the power of turning family gatherings into tax-deductible board meetings. Mark J. Kohler shares strategies for asset protection, wealth building, and decision-making clarity. Explore his 'trifecta' approach, which combines a revocable trust, tax returns, and assets. Regularly updating your financial plan and collaborating with advisors is crucial for success. Get inspired to create financial strategies that strengthen both your wealth and family ties!