All Forum Posts by: Ku Thao

Yeah, i was thinking the same, the taxes will be increased elsewhere.  I appreciate the dialog and insight.  I might be really late to the party but the claims in the video do sound interesting.  Whether or not they will hold water remains TBD.  Thanks again James! 

Thanks for the detailed explanation. Much appreciated.  What are your thoughts on his claims regarding the 16th amendment violation that taxes should only be collected on realized income, the transfer of money?  He mentioned that we should not be taxed yearly because it is unrealized capital gains.  for context, would that be similar to how stocks are taxed?  Thanks again for your insight, it does clear up a lot of the question.

 Yep, he did mention that in the video. Gosh, I hope it isn't true but would really like to know the truth now...I especially like the idea of doing away with the property tax. Very interesting.

Hello all,

I might be late on this topic.  The other day, I came across a video about a real estate developer named Mitch Vexler filing a criminal complaint about property tax fraud to the DOJ.  Is anyone following this ?  I thought it was an interesting topic and the claims in this video were interesting. Per the video, some of the fraudulent claims violate the RICO Act, 16th amendment, 14th amendment.  

Can we have BP Host Dave Meyer make a video on this topic with the resources and connections from this platform.

Following..

 Hello, 

thanks for the reply.  There are reasons we would like to down grade.  Closer to work and daycare,  lower our expenses.  I will reach out. 

 Great Answer on the "JUMP" point. I am currently running into this problem with a lender I spoke to.  I will ask the lender more specific questions in regards to the justification of going from a 4 bed to a 2 bed and what verbiage will get the underwriters to approve the loan.

Hello all,

We currently own a 4 bed 2 bath primary residence that is valued at $425k.  We would like to rent out our primary and buy a 2-4 unit multi-family owner occupy.  I reached out to a lender and they stated that it will be difficult to do because the new purchase must be greater in value, space, rooms, ect... How do I get over this hurdle?  What options do I have? Should I check multiple Lenders?  We do not want to sell our current home.  Thanks in advance for any insight.

Thanks Bryan! I will reach out to him. 

Hello,

Looking for a CPA in the Twin Cities, MN.  Need a plan to address the taxes for next year and forth.  Any recommendations are much appreciated.