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AuthorPosts
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contraman
ParticipantKewp,
I didn’t supposedly kill anyone here…..a little different….I abide by the C Corporation laws of CA. If you want to pay taxes on the sale of your homes immediately that is your preference. I choose to defer those taxable gains until retirement and protect my assets from greedy lawyers…
It’s your life and your call…..but you are going out on a limb associating me with OJ. I forgive you for that…..I was just making it clear what course he took to protect assets along with every other WEALTHY person in America and it is completely legal…..
Sincerely, Contraman
contraman
ParticipantKewp,
I didn’t supposedly kill anyone here…..a little different….I abide by the C Corporation laws of CA. If you want to pay taxes on the sale of your homes immediately that is your preference. I choose to defer those taxable gains until retirement and protect my assets from greedy lawyers…
It’s your life and your call…..but you are going out on a limb associating me with OJ. I forgive you for that…..I was just making it clear what course he took to protect assets along with every other WEALTHY person in America and it is completely legal…..
Sincerely, Contraman
contraman
ParticipantKewp,
I didn’t supposedly kill anyone here…..a little different….I abide by the C Corporation laws of CA. If you want to pay taxes on the sale of your homes immediately that is your preference. I choose to defer those taxable gains until retirement and protect my assets from greedy lawyers…
It’s your life and your call…..but you are going out on a limb associating me with OJ. I forgive you for that…..I was just making it clear what course he took to protect assets along with every other WEALTHY person in America and it is completely legal…..
Sincerely, Contraman
contraman
ParticipantKewp,
I didn’t supposedly kill anyone here…..a little different….I abide by the C Corporation laws of CA. If you want to pay taxes on the sale of your homes immediately that is your preference. I choose to defer those taxable gains until retirement and protect my assets from greedy lawyers…
It’s your life and your call…..but you are going out on a limb associating me with OJ. I forgive you for that…..I was just making it clear what course he took to protect assets along with every other WEALTHY person in America and it is completely legal…..
Sincerely, Contraman
contraman
ParticipantFor the record, OJ did not give his money to friends. He started a C Corp a long time ago and set up a SELF DIRECTED 401 K PLAN for himself with a seperate EIN number. These PLANS and their respective assets are safe from judgments.
You can also take out loans against them when needed.
I did this flipping props over the past few years with no tax consequences, all the proceeds at close are wired to the 401K account.
1031 Exchanges are a joke compared to this strategy……as it (401K) also shelters your asset….
Sincerely, Contraman
contraman
ParticipantFor the record, OJ did not give his money to friends. He started a C Corp a long time ago and set up a SELF DIRECTED 401 K PLAN for himself with a seperate EIN number. These PLANS and their respective assets are safe from judgments.
You can also take out loans against them when needed.
I did this flipping props over the past few years with no tax consequences, all the proceeds at close are wired to the 401K account.
1031 Exchanges are a joke compared to this strategy……as it (401K) also shelters your asset….
Sincerely, Contraman
contraman
ParticipantFor the record, OJ did not give his money to friends. He started a C Corp a long time ago and set up a SELF DIRECTED 401 K PLAN for himself with a seperate EIN number. These PLANS and their respective assets are safe from judgments.
You can also take out loans against them when needed.
I did this flipping props over the past few years with no tax consequences, all the proceeds at close are wired to the 401K account.
1031 Exchanges are a joke compared to this strategy……as it (401K) also shelters your asset….
Sincerely, Contraman
contraman
ParticipantFor the record, OJ did not give his money to friends. He started a C Corp a long time ago and set up a SELF DIRECTED 401 K PLAN for himself with a seperate EIN number. These PLANS and their respective assets are safe from judgments.
You can also take out loans against them when needed.
I did this flipping props over the past few years with no tax consequences, all the proceeds at close are wired to the 401K account.
1031 Exchanges are a joke compared to this strategy……as it (401K) also shelters your asset….
Sincerely, Contraman
contraman
ParticipantFor the record, OJ did not give his money to friends. He started a C Corp a long time ago and set up a SELF DIRECTED 401 K PLAN for himself with a seperate EIN number. These PLANS and their respective assets are safe from judgments.
You can also take out loans against them when needed.
I did this flipping props over the past few years with no tax consequences, all the proceeds at close are wired to the 401K account.
1031 Exchanges are a joke compared to this strategy……as it (401K) also shelters your asset….
Sincerely, Contraman
contraman
ParticipantHey Neeta…
I can start a church, file for a 501C3 status and you can make large donations to my ministry. I will build a huge 30 million dollar complex in Point Loma that we meet in a few hours a week and will engrave your name on a plaque as a PLATINUM PARTNER…..
What do you think?
Sincerely, Contraman
contraman
ParticipantHey Neeta…
I can start a church, file for a 501C3 status and you can make large donations to my ministry. I will build a huge 30 million dollar complex in Point Loma that we meet in a few hours a week and will engrave your name on a plaque as a PLATINUM PARTNER…..
What do you think?
Sincerely, Contraman
contraman
ParticipantHey Neeta…
I can start a church, file for a 501C3 status and you can make large donations to my ministry. I will build a huge 30 million dollar complex in Point Loma that we meet in a few hours a week and will engrave your name on a plaque as a PLATINUM PARTNER…..
What do you think?
Sincerely, Contraman
contraman
ParticipantHey Neeta…
I can start a church, file for a 501C3 status and you can make large donations to my ministry. I will build a huge 30 million dollar complex in Point Loma that we meet in a few hours a week and will engrave your name on a plaque as a PLATINUM PARTNER…..
What do you think?
Sincerely, Contraman
contraman
ParticipantHey Neeta…
I can start a church, file for a 501C3 status and you can make large donations to my ministry. I will build a huge 30 million dollar complex in Point Loma that we meet in a few hours a week and will engrave your name on a plaque as a PLATINUM PARTNER…..
What do you think?
Sincerely, Contraman
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