@@industrializing we need to do something about it. We both know Uncle Sam is not making good use of it. Now that you know better you have to do better 🙂
@industrializing
Ай бұрын
@@KarlaDennis absolutely, I am lloking for a tax planning/strategist to help me get started. Thabk you for all you do. Your videos are blessing!
@ddhh4247
Ай бұрын
tax professional
@malcut6435
Ай бұрын
Being strategic is becoming increasingly difficult. I am a self employed hairdresser in new york city and have a seperate buisness managing a car on turo. Also trying to buy investment property and a primary residence but, taking too many deductions in 2022 is screwing me when it comes to “showing income.” In 2023 I thought taking no deductions and paying all my taxes would’ve helped but, it didn’t; they just keep saying “we need 2 years of good income.”😢 I guess I’ll be taking few deductions for 2024 AGAIN so that i can qualify for lending on a primary residence. The hard money lenders are also afraid of me because I filed bankruptcy in 2021 which is affecting my fico score. I withdrew all my investments just to show the lenders i have liquid cash - that didn’t work either. Now i have to pay ordinary income tax on that! Do I need a fianacial advisor? I’m bleeding money. I wish I was better at fianancial strategy. Anyway, great video as ALWAYS, Karla! ❤
@KarlaDennis
Ай бұрын
You need a strategic tax plan that includes a conversation on your goals. One should never take income down with out considering your ability to get a loan. Email misty.clark@KDAInc.com she will send you our complimentary consultation link.
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