New Whip: So... I bought a Phantom Vol: Bulls Vs Blazers MJ Shrug

[thadocta]

Evoque > phantom

frs>evoque>phantom

happy now???

Spoiler: Warning: Spoiler!

 

[freakydestroyer]

Hmm then I'm not sure who you must be referring to then?

TheRealHundreds. Just rubbed me the wrong way. Like a girl with wet cotton gloves.

Hovkid is fine by me.

Oh yeah I remember him, but he hasn't been active since like 2007. I think he said he was involved with some sort of porn business. Besides that I don't remember much of what he said. I thought his pics were . He had tons of heat whether you like him or not.

 

[sunshineblotters]

Out of curiosity, why are you on NT?

Far before I catch up to your level I'll be done with this site.

Between gettin loot, smashin ****, and enjoying the fruits of my labor I wouldnt deal with people on here.

Either I'll see you soon. When I get my Bentley GT, after I get my Murcielago SV, we can race luxury whips.

 

[gold st capital]

I learned it from working my first brokerage job. Guys who had hundreds of millions had trusts. So I inquired as to why. Lol when they claim son celebrities are broke Whitney Houston, Bow Wow I laugh news media doesn't know ish. Those people have trust and it does not show up in court documents as legal assets of the person. Y'all better get to reading. Whitney was broke yet her child just got 20MM damn near tax free. That's that real legal hustling

Read a book on trusts

I've got to get up on my loophole knowledge. Did you do all of this research on your own? Or did you get advice from an expert?

What kinds of books would you recommend a person to read if he is interested in investing and protecting his investments (preferably real estate)?

 

[gold st capital]

Yes

So you'll be alright without a prenup?

 

[freakydestroyer]

I learned it from working my first brokerage job. Guys who had hundreds of millions had trusts. So I inquired as to why. Lol when they claim son celebrities are broke Whitney Houston, Bow Wow I laugh news media doesn't know ish. Those people have trust and it does not show up in court documents as legal assets of the person. Y'all better get to reading. Whitney was broke yet her child just got 20MM damn near tax free. That's that real legal hustling

Read a book on trusts

I've got to get up on my loophole knowledge. Did you do all of this research on your own? Or did you get advice from an expert?

What kinds of books would you recommend a person to read if he is interested in investing and protecting his investments (preferably real estate)?

Can someone with a rather average net worth benefit much from using a trust? And is it easy to pull money out of it at anytime?

 

[gold st capital]

Because this site allows me to unwind and with all this free help I am giving you it's my new charity out reach

Out of curiosity, why are you on NT?

Far before I catch up to your level I'll be done with this site.

Between gettin loot, smashin ****, and enjoying the fruits of my labor I wouldnt deal with people on here.

Either I'll see you soon. When I get my Bentley GT, after I get my Murcielago SV, we can race luxury whips.

 

[thadocta]

Out of curiosity, why are you on NT?

Far before I catch up to your level I'll be done with this site.

Between gettin loot, smashin ****, and enjoying the fruits of my labor I wouldnt deal with people on here.

Either I'll see you soon. When I get my Bentley GT, after I get my Murcielago SV, we can race luxury whips.

this guy.

niketalk will get rid of u, u dont get rid of niketalk

 

[gold st capital]

Yes and yes.... Lol I have always said if you only make 100k you cannot afford a divorce. you going to live on 50k. the guy who has 100MM can. you guys have to tune in more to what you see and read and real understand why. an old guy gets married multiple times and wven pays these ***$ and still has money. Yet some of you guys fathers divorce your mom or second wife and he is f-ed up in the game.

The avg money making man needs a trust more than the 100MM guy it's just that the 100MM guy is more educated on the matter IMO. people say it cost money and blah blah blah.... Man, you had better pay your lawyer before you buy all that fly ish you love.

Can someone with a rather average net worth benefit much from using a trust? And is it easy to pull money out of it at anytime?

 

[sunshineblotters]

not sheriff srs?

if so then i feel like im kobe cuz im ballin so hard

Im not sure if serious either. I am about to spend that much just on CPA Exam and review materials in the next couple weeks.

 

[sunshineblotters]

this guy.

niketalk will get rid of u, u dont get rid of niketalk

Keep telling yourself that.

 

[thadocta]

not sheriff srs?

if so then i feel like im kobe cuz im ballin so hard

Im not sure if serious either. I am about to spend that much just on CPA Exam and review materials in the next couple weeks.

why would it matter to me how much u spend on ur cpa exam?

 

[freakydestroyer]

Interesting. So that's probably why people were saying Michael Jackson was broke. I've always thought there was no way he'd be broke.

 

[gold st capital]

Lmao Michael owned his publishing... He was never broke

Interesting. So that's probably why people were saying Michael Jackson was broke. I've always thought there was no way he'd be broke.

 

[gold st capital]

There are Soon to be CPA's in this thread; they should know this. The IRS treats trust as a person. Trusts have a tax ID number they pay tax

 

[sunshineblotters]

why would it matter to me how much u spend on ur cpa exam?

It was just a frame of reference. Are people really balling off rainy day fund loot....

 

[freakydestroyer]

There are Soon to be CPA's in this thread; they should know this. The IRS treats trust as a person. Trusts have a tax ID number they pay tax

Speaking of which, how can a pattern day trader set up to be most advantageous for tax purposes?

 

[thadocta]

I ball off everything
Im kobe
View media item 300651

 

[sunshineblotters]

Speaking of which, how can a pattern day trader set up to be most advantageous for tax purposes?

I dont think that is an option. You need to hold your stock for a year or more to be eligible foe the favorable tax rate.

That's a good question though.

 

[gold st capital]

there is no advantageous set up for capital gains except you have losses. You make money pay the taxes or find expenses.

On second though you can avoid some taxation buy it would not be economical in your case Freaky. It would cost you like 20k to set it up. You would need to do an off shore account.

 

[freakydestroyer]

Speaking of which, how can a pattern day trader set up to be most advantageous for tax purposes?

I dont think that is an option. You need to hold your stock for a year or more to be eligible foe the favorable tax rate.

That's a good question though.

There's a few ways that are pretty obvious.. Was seeing if GSC knows of any less common ways.

 

[gold st capital]

Freaky what other ways do you know?

 

[jehul]

Op mine sharing how much you currently have in the bank? Cash wise?

at y'all cats trying ever so slightly to expose OP....

NT never fails.

Tacky question, btw.

 

[sunshineblotters]

There's a few ways that are pretty obvious.. Was seeing if GSC knows of any less common ways.

Is it an actual loophole/tax planning strategy of sorts or what you should be doing anyway? After all these years of accounting I forget what it it like to not have this knowledge. I cant think of what you are thinking of. Im sure itll click after i get reminded

 

[freakydestroyer]

Freaky what other ways do you know?

The mark to market election, not a tax break but would exempt traders from the wash sale rules. Read something a couple years about registering as a S corp or LLC and trading from an IRA or college saving account. But you can't write off losses on an IRA.