Tax Credits and Wealth Building Secrets For Your Strawman Name

Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:13):
All right Jack.

Speaker 2 (00:18):
Peace and love.
I want to make sure everybodyhears me.
I can hear you, all right.
All right, what's up?
Homie man, this is the Listenman.
Excuse my French.
Y'all know who I am, y'all knowhow I talk and shit.
But this is the last nigga thatgot a trademark.
His shit went through Smoothie,everybody else shit.

(00:43):
Look bro, they still got me one, that's clear, but haven't gave
me the paperwork to sign thisshit.
Talking about the attorney,because yours didn't have to get
cleared by an attorney.
Everybody else's has to getcleared by attorneys.
Now, that's crazy.
We done did too many of them.
It's crazy.
But your shit's on and popping,ain't it?

(01:03):
Everything good.
You got access to the emailsand everything.
All right.
All right, cause Sean ain'tcheck this shit.
I told you to change thepasswords and shit.
I seen Rimdog in thismotherfucker too.
He been rocking with me.
I might come see you soon, man.
I might come to Vegas area man.
The homie Kourt's in Vegas man,and he's in tune.

(01:26):
I still need to help you.
I just been busy bro.

Speaker 1 (01:30):
Straight up.
I already know man.

Speaker 2 (01:34):
You don't know, because we shutting shit down.
I believe it Straight up.
I'm done helping you.
My old fuck ass.
Y'all should have got in lineand dropped that bread.
Me and my girl got two iPhonestoday for nothing.
We did have to pay taxes on it.
I'm going to file a paperworkon that because I'm tax exempt.
But I just wanted to make sureI got my phone with no issues.

(01:55):
You feel me.
But I got a lot of informationfor y'all today.
I don't know if y'all boughtthe class or whatever.
I did already do somethingquick on the things that I
already do with tax deductionsand stuff.

(02:15):
I'm going off just some stuffthat I've been working with
other people.
But I give everybody in thechat my book called the
Capitalizing Entrepreneur andwhat y'all need to do y'all find
y'all get the book free andfind it valuable is go leave a
review or go buy the book.

(02:35):
But I'm not a licensed attorneytax expert.
I do this for educational andinformational purposes only.
So the reason why I evenbrought up Court he got this
little name on here CourtBradley.
I like him for differentreasons, because he's in tune
spiritually, he knows what thefuck he's doing and if you go to

(02:57):
his page.
He's out here studying shit.
I've seen the article.
Nick, you and your suiting shit.
Okay, you got to shout out yourpeople.
When you see them doingsomething positive, appreciate
it, man.
Most people just want to sharebullshit.

(03:20):
That's highly unfortunate.
I'm not going gonna show myface.
My girl fucked me up so justthought I'd let y'all know I'm
gonna.
I'm gonna try to find something.
I so look, I just wanteverybody to know I've been
doing things for like 10, 10years plus, but I'm still

(03:45):
learning things and I wasputting.
I'm going to tell you some ofthe mistakes I was doing.
As far as my understanding,I've been getting money off this
shit, so that's the only reasonwhy I know this stuff works.
So I'm looking for I'm going tostart sharing my screen.

(04:09):
But first of all, the reason whyI brought up court because
court's government name.
So this is supposedly thatlegend.
Y'all call it the governmentname.
I know a lot of people in thehood.
I see I got different shadesand colors on here from the hood
, but I see you in here too,pat-pat, what's good, we call it

(04:30):
the government name.
If you was a Muslim they'd belike that's your slave name my
brother.
Y'all follow me.
Y'all follow me.
Hope that makes sense.
I'm going off this theory.
We're going to say it's atheory.
We're not going to say it'sfact.
Gentile Deacon, whatever youwant to believe, but I'm going
to tell you my beliefs.
Get me paid and they work forme.

(04:53):
Man, y'all can see me having atrip.
Baby, I did get hit by a girl,but look that government name.
So my people that are from thehood that will be watching this
replay.
You call it the government name, so quit thinking.
It's fucking yours.
Anyways, you work for thatmotherfucker.
The government got you.

(05:14):
So you gotta look at it likethat's, that's a name you work
for, that's a brand you work forand basically that's who you
sold yourself for.
That's how I look at it.
I don't want to throw you offfor a loop.
My homie court got a recordlabel.
Am I right or am I wrong?

Speaker 3 (05:30):
court, you're right, all right so is there a reason
you had?

Speaker 2 (05:35):
a record label.
Did you have that before yougot into this information?

Speaker 1 (05:39):
um, it was kind of simultaneously happened at the
same time.
I got it just to protect myselfand separate it from personal.
You know, separate the entities.

Speaker 2 (05:49):
I mean, I can explain it better.
That's exactly why I have onewhen you, when you, we're
talking taxes, this is a taxwebinar, so in order for them to
tax you at a certain rate iswhatever is on the record.
So this is why we have our ownrecord companies.
We keep our own records andwhen you have a record company,
you're able to and you can dothis with your family, your

(06:11):
family trust, any familybusiness that you have.
I use record companies in orderto protect my intellectual
assets, my intellect.
Will it be my pictures onInstagram?
Will it be my voice on YouTube?

(06:32):
You know, when you call them,this will be monitored and
recorded, you know but what?
are you recording?
Are you keeping record?
Even with every business, youhave to keep records.
This is how they know if you'resupposed to pay taxes or not.
This is how they know if theyowe you or not.
It's by the way you maneuver,and the records that you've been

(06:54):
keeping are the ones thatyou've been embedded in through
a public education mindset.
Because I'm telling you right,motherfucking now Ain't no
Jewish motherfucker writing hisname on the top of motherfucking
nothing.
You ain't getting my name, shit.
I hope that makes sense.
There's a difference betweenprivate and public.

(07:14):
So I make my name a business.
That's the first place to start.
Let me pull this.
I did download the book too,the Capitalizing Name Panera.

(07:41):
Let me know if y'all have anyquestions about any of those
statements I just said becausejust I'm starting to learn.
I just want y'all to knowbecause I am getting away from
the public.
So I'm going to take my timewith y'all a little bit, with
the people that's still rockingwith me, and if you're close to
me, I'm going to take my timewith you.
But Names of business, that'show I maneuver any questions

(08:06):
over that.
Starting off, it doesn't matterif you make it a sole
proprietorship, none of that andat the end of the day, all that
stuff is gonna matter.
So I'm not gonna say it doesn'tmatter.
But as long as you candistinguish that your name is a
motherfucking business in thissystem, okay, as long as you can
distinguish that your name is amotherfucking business in this

(08:36):
system, everybody good with that.
Yeah, now If your name isn't abusiness.
See the thing about it, thething about just.
I don't like making my name atrust and I'm just.
I was sold on it at first and I, like people do, taking that

(09:00):
route and understanding thattheir name can be used as a
trust.
So I'm not against that at all.
But when you start gettingassets, say you got $2 million
$2 million is not a lot but sayyou got $2 million.
You know I know a lot of peoplemight not have $2 million right
now, but this is the first timeyou're having $2 million in
your life.
You want your damage to makesure it's not getting taxed.

(09:23):
You're going to try to fuckingkeep people from getting it.
If somebody know you got $2million, they're going to bring
up shit like hey, he hit me ornigga pushed me down a step.
They're going to make up somebullshit.
So you got to make sure youknow how to protect this shit.
And if you got $2 million in atrust account with your name,
trust they're going to sue you.

(09:47):
You know they're going to comefor it.
Trust me.
Donald Trump gets sued all thetime.
Michael Jordan got sued all thetime.
Kanye West, I can't.
The list goes on.
This is what happens.
They will make some bullshit up, man, and I ain't trying to go
against anybody's beliefs.
Man PD ain't trying to goagainst anybody's beliefs, man P
Diddy about to come home.
So Rimdog said made my name anLLC trust, an LLC, a trust in

(10:11):
Ecclesiastical Estate, anecclesiastical irrevocable trust
, all with different EINs,hidden in an unincorporated
association.
See that works, because at theend of the day, the
unincorporated association willbe the beneficial association.
See that works, because at theend of the day the
unincorporated association willbe the beneficial owner, which
the unincorporated associationis not in the public and it only

(10:33):
gets the beneficial interest ofall the everything he has.
So the unincorporatedassociation will be like a
family non-profit Equity.
Was good, man, you can chime inanytime, dog.

Speaker 5 (10:47):
What up though, how you feeling.

Speaker 2 (10:49):
Y'all can hit him up too If he wants to put his info
in, because you know Don Kalamnaalways busy.
He is right there on my level,right up man, you can chime in
anytime, homie.
Yeah, yeah, yeah, yeah, nigga,I ain't no cock bro.
Get in any time, homie.
Appreciate it.
Yeah, yeah, yeah, yeah, nigga,I ain't no cock-blocker.
For sure, get good pay, nigga.

Speaker 5 (11:08):
Do your thing Teach them the truth, brother, what's
up?

Speaker 2 (11:10):
He might have his own swag to it.
I got you.
You know what I'm saying.
You got a differentunderstanding.
I'ma get on the tax credits foryou, though, because I might be
coming your way soon.
We need to talk about it, bro,because the shit is so.
Look, let me just start withsomething you know.
Back in the day I made thelittle car book bills and credit
, car book section 179.

(11:32):
Yeah, yeah, listen, bro, youcan get 100.
Now you can write off 100% ofthe car.

Speaker 5 (11:42):
Anything over 6,000 pounds EV or all?
Oh, over 6,000 pounds EV or all?
Oh, yeah, Okay, gotcha.

Speaker 2 (11:49):
Yeah, man, I'm starting to learn.

Speaker 5 (11:51):
I'm starting to learn even more.

Speaker 2 (11:52):
So, like, let me see I was.
I've been working with thisother tax guy and he even well,
he don't got no, he don't got no, no CPA license or nothing, but
he is an enrolled agent.

(12:13):
You know, we teach people howto become enrolled agents, which
is easy.
That's the IRS.
They're your friend With cars,I know, with businesses.
Starting off, I think you canwrite up to $10,000 with two
people.
Start up for just regularexpenses.
You can get a tax credit back.

(12:40):
When I was getting confusedequity and I'm not afraid to say
it because you know a nigga,they'd be like he, a genius.
But be slipping on simple shit,you feel me so it was.
I was mixing deductions and taxcredits.
I'm thinking they're the samething and the deductions are in
place when you owe taxes, doesthat?
make sense Because you're notgonna they're not really gonna

(13:02):
give you that deductible back.
It sense Because you're notgoing to.

Speaker 3 (13:07):
They're not really going to give you that
deductible back.
It's the tax credits that youwant to go after.

Speaker 5 (13:10):
The tax credits is what you're going to add to your
bank account.
It's called wisdom for a reasonthough.
Yeah, yeah, yeah, but I get it,though.
I'm with you on that one.
It makes a lot of sense.

Speaker 2 (13:24):
So like, yeah, yeah, I've been learning they use,
like I've seen people doingthose 1099 OIDs.
I don't want to even throw thatprocess out here, because if
you don't know what the fuckyou're doing, they're going to
blue block blame you.
And I use 1099 INTs.
I'm not going to get deep onthat today, but all the tax
credits that was in the book,like All the tax credits that
was in the book, you can't get atax credit for.

(13:45):
So me, my biggest tax credit,I'm going to give y'all the
million dollars worth of gameand you're going to understand
this.
I'm going to see if I can evenget y'all the forms for it.
Research and development is atax credit For all my books.

Speaker 3 (14:05):
That makes sense, absolutely.

Speaker 5 (14:12):
It's an educational test, everything.

Speaker 2 (14:14):
Everything, so the forms that you can use for these
would be form 667-65.
Let me see if I can pull it up.
Man, there's rich people outhere.

(14:34):
That's all their revenue thatthey make.
They're writing it off as theirfucking annual income, bro.
So you know how much money youcan go get them back.
Motherfuckers, spending amillion dollars made two to four
million dollars and they'reclaiming that as income.

(14:58):
I'm like, bro, you tripping.
I know y'all ain't never seenthis form.
Y'all ain't never seen thisform.
Y'all want us to research onthe internet all day for free.
I don't you dig what I'm saying.
Form 6765.

(15:19):
This is an IRS form Credit forincreasing research activities.
That's something for youraccountant or bookkeeper for you
.
I just want y'all to see thatit's real.
I'm not bullshitting.
Does that make sense foreverybody?
I know that makes sense for you, edwin, absolutely.

(15:40):
So you just do your look andlisten.
Chatgpt works wonders for allthese folks.
I just thought I'd throw thatout there and everybody that
does the consultation.
Since y'all with me right nowI'm going to show you which one
I use and I'll be making peopletrust and everything right on

(16:01):
the call with me and everythingright on the right on the call
with I'll put.
I'll put the link in the chatfor everybody.
This is the one I use, likethis.
Watch this write me out.

(16:27):
Bylaws for an unincorporatedassociation Can't spell today.
That's why we got to.
We're going to call it you hearme.

(16:48):
Include indemnity agreements.
Indemnity agreements I'm goingto spell it all right for y'all
too.

Speaker 3 (17:00):
And non-disclosures.

Speaker 2 (17:22):
That's all you need to go to the motherfucking bank.
Remdog says the businesssoftware you gave us does
security.
I believe it does, but I justwant y'all to see this.
This is what you all you need.
And then you was wanting toname the officers.
You know what I'm saying?
The officers in there RewriteEquity as president, because I'm

(17:52):
going to fuck you up.
Next we write as Equity aspresident and Don Kalam as
founder.
Watch Boom, we in there Now.
Look.
That brings me to my nextwrite-off.
Did you know anythingassociated with board member

(18:16):
meetings is a tax write-off.

Speaker 5 (18:20):
Mm-mm, so damn, that's great.

Speaker 2 (18:29):
Let's see what this say.
General board member meetingsthemselves are not directly
eligible for tax cuts.
However, certain expensesrelated to board meetings might
be deductible as businessexpenses, depending on the
context-specific circumstances.
I know people that use these ascredits, you know anything you
use at the meeting.
You can get that shit back.
You know, it pays to get yourcool cell phones and computers.

(18:54):
All that make sense, make senseto everybody.
All that makes sense makes senseeverybody.
So when you're doing I don'tlike doing it from for me with

(19:15):
the trust I always had problems.
I just want to throw this outthere to everybody.
This is why I like to make myname LLC.
To me, the LLC is going to likeyou to make my name a LLC.
To me, the LLC is going to beconsidered something called a
pass-through entity and LLC ismy pass-through entity.
If you do stuff different,court, let me know.

(19:36):
And if you're in between time,you can holler at equity too.
That's my nigga so far.
Me and his work.
Good Shit, he don't be fuckingwith all my ops and shit.
You hear me, but no, your money, good bro.
Oh, boy D, you got his mindright, bro.

(19:59):
He together For sure.
Yeah, he together.
There's other forms too Form 8888886.
This will be used for also withresearch.

(20:26):
I'm just saying that's how DickGregory got paid.
If y'all remember Dick Gregory,y'all wonder where he got all
his motherfucking money from.
He got that shit from researchand he used to pay real-life
scientists to study breast milkand shit.
You know what I mean?
Stuff like that.
That's his name.

(20:47):
Rip Baba, dick Gregory.
Yeah, man, shout out to DickGregory.
He from my hood, st Louis man,affordable transactions.
This goes with the research anddevelopment as well.
But you got to understandresearch and development for
your business.
I know bookkeepers that writethis off Because bookkeepers are
supposed to keep up with thetrends.

(21:08):
I'm talking about your computerHome office.
I'm going to go through theforms for y'all though, so y'all
can see.
So we got.
I'm just going to go throughsome of these things you can
write off If you help peoplewith disabilities, know that's a

(21:29):
fucking bad.
I'm just going to throw thatout there and I want you to know
being black is a disability.
I'm just going to throw thatout there and I want you to know
being black is a disability.
I'm just going to throw thatfucking out there.
So if you're helping blackpeople in your business, that is
a disability write-off.
All I do is help these niggas.
That's Davina calling.

(21:57):
She need to be in class.
But I just went through that.
Being black is truly adisability.
They get more.
They get more grants and alltypes of shit.
They get more money period.
If you a business helping outblack people, you get more money
.
Energy efficient they get moremoney period.

(22:18):
If you're a business helpingout black people, you get more
money, energy efficient, anytimeyou change your business to
become more energy efficient.
If you offer healthcareincentives or anything like that
.
If you're trying to sling CBDbro, there's hella tax credits
for it.
They just don't want it withthe THC.
The government ain't going tohelp you with the THC, but

(22:40):
they'll help you with the CBD.
Paid family and medical leave.
If you work for yourself, ifyou're investing things, there's
something called an investmenttax credit.
If you invest in businesses andthat's why you should always
have multiple businessesestablished I teach people get a

(23:01):
holding company.
The holding company is going tobe the investor.
I hope that makes sense.
Or your record label, like Coy,people stay in debt with the
record label.
There's a reason for thatBecause they're filing
investment tax credits andthat's a whole form.
Let me see if I can find it foryou 3468.

(23:34):
Remember deductibles, take awayfrom taxes and tax credits is
when you get them checks.
So I'm telling you, chatgbtwill teach you, will show you
what you need to do so like.
Let's see 34608 since the end.

(24:10):
Well, I mean, I don't know whatelse you need.
I'll give you all the game.
But you can also go on Fiverrand find you a motherfucking CPA
.
I know everybody probably don'tknow what Fiverr is.
Find you a CPA, as long as yougot the information.

(24:32):
They have to use what you givethem.
The CPA is a certified publicaccountant.
You got private accountants,you got public accountants.
Now obviously you're the privateaccountant.
You're going to tell the publicaccountant what to do.

(24:54):
So just so y'all know, I comehere, I usually get certified.
I come here a lot for certifiedfinancial statements Especially
if you're a business.
This works wonders, so you canget a certified financial
statement To the people that'snew to me and don't know what

(25:17):
this is.
I'm going to show you what itis.
I had some of my firstcelebrities I ever helped out in
life.
They said I'm not officialunless I can get them a
certified financial statement.
And I'm like nigga, I'mofficial.
Nigga, what the fuck are y'alltalking about?
As soon as they left, I calledmy accountants because I used to

(25:38):
work for them.
I was just like hey, what's acertified financial statement?
Can y'all do it?
I've been in the game eversince you hear me.
I learned how to get themcheaper on Fiverr.
So what they do is they want tolook at your bank accounts and
shit, but on Fiverr you can justgive them the information.
You can make your own bankstatements.

(26:00):
You can make your own cashflows, whatever it is you do.
I'm not telling everybody to dothat.
This is just for educational,informational and entertainment
purposes.
Only, how much does it cost?
You see them bitches cost,though.
How much does it cost?
You see them bitches cost,though.

(26:21):
So look, when you getinformation on your credit
report.
Anybody is not certified.
Certified financial statementshave been audited for accuracy
by an independent accountant.
You have to be a CPA.
Only a certified publicaccountant can give a certified
financial statement.

(26:41):
I'm talking about peoplewalking there and go take these
to car lots and everything.
The reason why we had to do oneis because he didn't want the
underwriter to see that $14million got transferred to his
account because he had to havemoney in an account to even
before they would even talk tohim to go look at this house.
They want to make it look likehe had money in the account

(27:03):
because they was going to putthe house on the trust and not
pay the shit, just being honest.
So, but they want to make itlook like they had the money in
the bank account, like we'regoing to buy the shit, you're
going to assign it to the trust.
We got the money in the account.
Usually, the underwriters wantto look back in your accounts
when you buy houses six monthsto a year.
We just took the certifiedfinancial statements.

(27:25):
That's how we rocked that housewhen it was in Florida.
That's how I learned about it.
That made sense to you.
Equity Hell, yeah, anybody elsehave any questions?
Learned about that?
Made sense to you?
Equity Hell, yeah.
Alright, anybody else have anyquestions?
Certified financial statementsare documents that all publicly
traded companies must publishIncome statements that detail a

(27:48):
company's profit or loss duringa specific period of time.
So we did this, for a trustCertified public accountant will
add the contents of thesestatements using AAP principles.
That's why all that extra shit,that consumer law shit.
Your name is a motherfuckingbusiness.
You're the private investor.
Shit's been paid for.

(28:09):
We're here, so it's kidding.
Your name is a businessregardless.
Let me show you.
Let me show you.
Let me show you.
Let me show you.
Let me show you where I'mgetting this, my theories, from.
Let's get the definition of asole proprietorship.
A sole proprietorship is anon-registered, unincorporated

(28:29):
business run solely by oneindividual proprietor, with no
distinction between the businessand the owner.
That sounds like you whenyou're dealing in America.
The owner of a sole proprietoris entitled to all profits, but
is also responsible for thebusiness, debts, losses and
liabilities.
Your car wrecks, I mean.
If you got insurance, let's.

(28:50):
I don't know You're reliablefor the business.
Fuck.
If you're in your house rightnow.
You got a mortgage.
Something happens to the house.
You don't have the homeinsurance.
You got to pay that shit.
And why would you needinsurance?
You can really only insurebusiness.
A nigh man can't be insured.
That's God's property, god damnit.
I mean that's how I look at it.

(29:12):
But a sole proprietorship, alsoknown as a sole tradership if
you have a credit report, thatmeans you're doing trades.
They're called trade lines thatare added to your fucking
credit report.
When we're talking about creditreports, those are accounts.
So that goes back to this.
All businesses have to filethis shit so you can make the

(29:33):
company audit it.
You can audit them, but you canget them.
You can make the company auditit, you can audit them, but you
can't audit them with no fuckingconsumer law.
I ain't never seen no consumerlaw code that says they can
audit these companies and get acertified statement.
So I just need y'all to see howthis shit moves.
Your name's a businessman,ain't no hands as bust about it.
You invested this shit with theKVI trust god damn it.

(29:57):
Your social security numberlet's just go there.
Let's just go there.
Is the social security?
Is the social social security atrust fund?
The social security trust fundsare financial accounts in the
US Treasury.
So you cannot tell me.
Anything you're doing in lifein America is not business.

(30:19):
These are two separate trustfunds, not one but two.
Goddammit, there are twoseparate Social Security trust
funds.
The old age and survivor'sinsurance trust funds pay
retirement and survivor benefits, and the disability insurance
trust funds pays disabilitybenefits, and the only
motherfuckers surviving is themotherfuckers in charge.

(30:40):
Hope that makes sense.
Man, I'm getting all subbedright now.
I just want y'all to know.
Today's a fucking business.
Does anybody want to disputethat with me?
Is there any?

Speaker 3 (30:59):
Let me know.

Speaker 2 (31:03):
Oh, he's taking notes .
Click the link Nissan Itel's AInote taker.
Let me go to my book.
I'm going to show you what I'vebeen getting money off of and
then I'll go back to some of thethings I learned.
But I want you to know as soonas you put your first year you
can't write the car off.
Once you write it off, you getthe tax credit for it.

(31:26):
You can't keep doing it nextyear and the year after.
You can only do it one time,all right, so I don't want to
throw that out there.
All right, so I want to throwit out there.
Most of the stuff I get writtenoff is research and development.
I've been getting paid forresearch my whole life.
I learned because there'sbusinesses out here that get

(31:50):
paid to research on you.
Come in here and stay a weekand take these motherfucking
pills.
They might be placebos, theymight not, but we're going to
research.
You have you seen those equity?
Yeah, absolutely yeah, I usedto be in them.
Cut this one dude's toe off andput it back on for $10,000.
What?
Yeah, that's crazy I might havedid it back then, I wouldn't do

(32:13):
it now.
Wow, $10,000 on me every day.

Speaker 5 (32:15):
Fuck that yeah.

Speaker 2 (32:15):
Yeah, that's wow.
That was not me every day.
Fuck yeah, yeah, all right, soit's breaking down this book.
Did I put it in the chat y'all?
I don't think I do foreverybody capitalize his name
panora, so your name is aspecial purpose vehicle.

(32:37):
I don't want to get too deep inthis because I've been talking
about this shit for years.
Go watch an old video and thenpass through entities.
Your name is a pass throughentity.
I'm saying so like when youunderstand your you're utilizing
social security number.

Speaker 3 (32:56):
I wouldn't even use a 1040, no more if you're
utilizing the social securitynumber.

Speaker 2 (32:58):
I wouldn't even use a 1040, no more.
If you're going to do something, why not use a 1041?
My social is a trust.
That's facts.
We can't dispute this shit.
You can't dispute that.
Your social is not a trust.
If I'm going to file anything,I would file this form.

(33:20):
If I'm going to file anything, Iwould file this for him.
If I'm going to file something,that's just me, though I tell
them I'm bankrupt, it's part ofthe Bankrupt Trust.
That's what y'all need tounderstand.
Let me show you something else,so I don't want to get off
topic.
Check this out.
Bankruptcy law provides for thereduction or elimination of
certain debts and can provide atimeline for the repayment of

(33:42):
non-dischargeable debts overtime.
So if you want to play the game, this is the game I would play.
If you can't get out of asituation that comes to your
credit or taxes or anything,follow what bankruptcy court.
The United States is bankrupt,let me, let me.

Speaker 5 (34:06):
Chapter 11.

Speaker 2 (34:08):
Chapter 11.
I don't be telling people thatI'll make them figure it out on
their own.
If you ask bankrupt, I'll belike what chapter See?
You don't even know what thefuck you're talking about.

Speaker 3 (34:18):
Yeah, I mean, that's what I'd be telling them.

Speaker 2 (34:20):
Yes, it's definitely under Chapter 11 debt, so that
means a corporation can file asa poor person Instead they can't
pay their debts.
So there's a Social SecurityTrust Fund.
They own the US national debtfund.
They own the US national debtand you keep claiming that
number and that's why you're inthese situations.

(34:41):
Wait, $24 trillion, and allthis is is contract law.
They're under trust law.
This is the only reason whythey're still in operation.
If you're new, I'm talkingabout the United States
Corporation.
If you're new, I'm talkingabout the United States
Corporation.
All debt belongs to the UnitedStates and the United States is

(35:02):
a federal corporation, an agency.
I hope that makes sense toeverybody.
Let me get back to my book.

Speaker 3 (35:18):
Y'all don't want y'all to ask me what do I put?

Speaker 2 (35:20):
in the form.
That's the IRS.
They'll tell you that GPT wouldtell you.
Y'all holler at me when I wantsomething, man.
Well, I'm gonna do what's plugand play with that.
I.
I'm going to have AI fill yourshit out.
I'm not going to do it.
That was a computer.
You hear me.
I think I closed my book out.

(35:44):
That was the computer.
Here it go, boom there, that istoo 1041.
What I want everybody tounderstand, though, is we talk
about status.
The main thing in this book isenrolled agent status is the
highest credential to IRS awards.

(36:05):
I want y'all to understand just, keeping an arm when you're in
the private, here's what theycall it.
They call it arm's lengthdistance.
When they do business, it'scalled in private.
You're in the private, here'swhat they call it.
They call it arms link distancewhen they do business.
This is a real term.
This is a real trustee term armlink market.

(36:38):
You see, the arm link marketdescribes a financial market
consisting of parties that haveno relationship or contact with
one another aside from thetransaction.
I hear this.
Should I be hearing around richfolks?
You hear me.
Well, it got in tone.
Just going to the motherfuckingcountry club.
Look, enrolled agent status isthe highest credential to IRS.

(37:04):
Individuals who obtain thiselite status must adhere to
ethical standards and complete72 hours of continuing education
courses every three years.
All you have to do is getsomething called a PTIN, that's
a personal tax identificationnumber.
You have to do is get somethingcalled a PTIN that's a personal
tax identification number.
A prepared tax I understand itwrong.
A prepared tax identificationnumber issued to the IRS to

(37:27):
prepare taxes.
Now what I do?
I get this enrolled agent.
I want you to know.
Let me go back to this enrolledagent.
I want you to know.
Can me go back to this enrolledagent?
I want you to know.
Can you read that for me?
Court.

Speaker 1 (37:42):
Enrolled agents, like attorneys and certified public
accountants.
Cpas have unlimited practicerights.

Speaker 2 (37:48):
So I ain't got to go to school nothing.
That's your school right there,don't even need a doctorate
degree.
God damn it.
Literally, we have these peoplerepresent us in court.
Everything's a tax issue Ifthere's not a good community.
Is everybody still with me?

(38:18):
I'm going to go slow with y'alltoday, man, yes, equity is my
stepbrother.
All right, for sure we'rerelated to to us too.
Alright, mark said he's with us.

(38:39):
I remember Mark, him and hisgirl.
They know this shit.
Let me get back to my book, andmy book is just the basics, man
.
These are the shit I havelearned, and now I'm learning
more.
But I've been on how to writethose cars off.
That's why I go through so manycars.
I go through cars.
Write that shit off, write themileage off.

Speaker 3 (39:04):
Where my phone at Because I got some more.

Speaker 2 (39:07):
I got hella notes for y'all I'm going to go through
them.
I want y'all to do y'all's ownresearch, though.
You can look up the standardtax deductions for people too
$14,000 for two people or more.
If you're married, you canwrite off $28,000.
At a household, you can get$20,000.

(39:29):
These are standard taxdeductions.
A lot of people do not writeoff deductions.
You got to write that shit off,especially if you owe taxes.
You went over the investmenttax credits in this book.
It does talk about energy taxcredits.
Anytime you're trying to makeyour house solar panels,

(39:50):
anything, I don't care if youbuy some blinds, man, what you
need to do, I'm going to giveyou all the game Equity time in,
because I know you're going tounderstand it how to get the
biggest write-offs.
You have one company, buy itand then tax your other company
for buying this shit.
Ain't no shit.
Wholesale.
I'm taxing.

(40:11):
It's my own business.
Here's the contract I'm goingto pay you later.
That make sense equity,Absolutely.
I buy an iPhone.
I bought two iPhones today.
I'm in the business.
Well, this is the business thatdon't need them.
This business got them for alease or a loan from my other

(40:31):
business and since you didn'tget it right then and there.
This is what all companies do.
When you lease to own or rent acenter, the couch costs you
fucking $500.
You're paying $5,000 for it now.

Speaker 5 (40:48):
Straight interest.

Speaker 2 (40:49):
Straight interest.
But if you're on the other sideof the business, or once you
get it, go get it appraised.
Now say, I got this chain righthere.
I got this chain, I go get itappraised and it drops.
I paid $30,000 for it, but itain't number 12.

(41:09):
That's depreciation, that's awhole nother tax credit that
make sense, that's depreciation.
That's a whole nother taxcredit.

Speaker 5 (41:18):
That make sense Deductibles and credits.

Speaker 2 (41:24):
Yes, deductibles and credits, Just make sure you buy
one business and sell it high toanother.
Simple as that.
Like nigga, if you get thejewelry from Zells, they tax you
out the gate.
On that shit, that shit, ahundred times more than what the
fuck it?
Really costs.
You take the jewelry to getappraised.
I'm like damn.

Speaker 1 (41:46):
That's diamonds in general.

Speaker 2 (41:48):
Diamonds will depreciate your rollies and
everything.
Diamonds will depreciate yourjewelry.
Let me say that again.
I'm glad you brought that up.
You go ahead and tell them.

Speaker 1 (41:59):
Diamonds will depreciate your jewelry.

Speaker 2 (42:01):
Yes, you put diamonds in your watch.
You put diamonds in yourglasses.
Anything.
Diamonds depreciate yourjewelry.
Gold is worth more thandiamonds, absolutely.
We keep diamonds too, though,because they're pretty go lab
based.
I use them too.

(42:22):
I ain't gonna lie.
I get lab grown diamonds.
Ain't nothing wrong with theMoisenites, just not my career,
so how to create your own taxform.
So it's showing you.
This book shows you how tocreate your own tax form,
because you limit your liabilitywhen you're a sole proprietor.

(42:44):
Let me go back to this.
I got so many tabs open.
I hope everything makes sensefor everybody.
I feel like I'm doing and agreat job.
I've been away.
I've been away.
I ain't really I've beenworking, but not like for this
shit.
Chicago's still going down too,but if you really fuck with me,

(43:07):
make sure y'all bring y'all'sburners, hey, straight up.
I don't think I'm a highersecurity.
You hear me, I'm a highersecurity y'all funny.

Speaker 5 (43:25):
We secure the security yeah, that's it.

Speaker 2 (43:30):
So there's no legal distinction between the owner
and the business entity.
So anytime you're using yourname in the public, you are the
owner of that name.
That's why, when people sayJeffrey.
I work for that motherfucker.
I'm looking for him too.
Probably.
No, motherfucking Jeffrey.
I'm Don Kalam.
Exactly what I told him.

(43:51):
I got my motherfucking name tagon right here.
Y'all see it.
Y'all see it.
Remdog says we're makingcomplete sense.
I hope so, man.
Sometimes you just be talkingand then you might not.
It might not even make sense toyou People hit me up why you

(44:13):
block me Because I asked aquestion.
Block that, let me block that.
You got to pay for that.
You hear me?
I'm not Google.
Everybody listen, just tap inwith me.

(44:34):
Holler at equity.
Equity is a lot nicer if youwant to learn how to open up
LLCs and shit.
I done said that shit.
For so many years I've beenscreaming listen, literally.
This is the eighth year I'vebeen telling people in the
public to make that name an LLC.
This is the eighth year wetalked about the debt.

(44:56):
I don't do remittances no more.
But y'all have at it.
You have any successes withthat equity?
The remittance Nah, that shitcame back like eight months
later.
I'm like fuck that.
They made me pay my Verizonbill eight months later, a bill
from eight months ago, that'sgreat.

(45:16):
Yeah, I'll never do that again.
It went through, though.
Shit, I'm glad they didn't cutmy phone off.
Literally, I was not paying myphone bill, nothing.
I did a little remittanceprocess.
I can't remember who I learnedit from.
I learned it on TikTok.
I don't do this either.
I don't do this noance process.

(45:36):
I can't remember who I learnedit from.
I learned it on TikTok.
I don't do this either.
I don't do this no more either.
I don't know if you're helpingpeople do that at all.
Equity.

Speaker 5 (45:43):
No, we either doing INTs or Bs.

Speaker 2 (45:47):
I did get 80 bands back in 2020 from that, though.

Speaker 1 (45:54):
I tried it with the A's and C's and they just so the
A.

Speaker 2 (45:57):
So I don't know the A so I use.
So let's talk about if I get tothe I and C.
So before I cancel a debt I'mgoing to use an A.
That make sense because you'regoing to acquisition.
That's how it's taught.
I do those with before you evencancel a debt, before you
follow 1099-C.

(46:18):
1099-c's do cancel debt andthat's another taxable income.
You can fucking write that offand get a tax credit back from
that too.
It's all interest.
So there's a lot of shitinvolved.
I'm not going to act like I'm areal tax expert, but I would do
a 1099-A before I did a 1099-C.
Mark says he tried all the OIDsand as and Cs and none of them

(46:40):
showed any real remedy.
Well, I'm going to tell you Ido have students that got
big-ass checks back.
I'm not going to say they don'twork.
One dude paid me just to getthe money out of the account
because he was scared to touch.
He did an OIQ I'm not going tosay it don't work.

(47:04):
I know these work for sure A1099 INT when I learned this
from.
I'm never going to cockblock onany information.
I learned this from somebodycalled named Rihanna L.
All the accounts that I filedmy 1099 OID on.
At one point in my life.

(47:24):
They shut down every singleaccount but they still gave me a
check back and I compared noteswith her.
We got letters from the IRS.
I compared my letter to herletter and her shit looked
better.
I liked how the IRS was talkingto her.
Her and her mom got a checkback from doing the INT and they
didn't shut down none of thebank accounts.

(47:46):
I said, shit, this is what I'mdoing from now on and that's how
I learned it.
I learned it from somebodynamed Rihanna M.
I know you've probably seen itin one of my videos.

Speaker 5 (47:58):
Equity.
Yeah, that's the, it's in thefiles.

Speaker 2 (48:00):
Yeah, she taught me this, so I want y'all to see
what it looks like first.
It looks just like it looksjust like an OID process.
You do it just like an OIDprocess.
You have to fill out 1096before you do this.
That's the cover letter.

(48:23):
That's the cover letter foreverything.
So I just want you all to knowa lot of people might not be do
the 1099 OIDs and stuff.
You have to do this first.
This is the cover letter.
Oids and stuff.
You have to do this first.
This is the cover letter.
So I got a bunch of them waitingon me.
I need to go get them.

(48:44):
That's what they look like.
You see, you got to.
Anytime you do them.
This is a cover letter.
You got to let them know whichforms you're filling out.
You fill out 1099-A, b, c,c-a-p.
You have to put that on top andyou cannot print them off.
You have to have the actualforms.
Do not print them off.

(49:04):
They will not accept theprintable version.
I wouldn't even fill this shitout online.
I don't.
It don't work.
You, you gotta send this shitin.
So all interest income when youstart understanding interest.
So a form 1099 int reportsinterest income received by

(49:28):
taxpayers.
I don't care if it's intereston bank deposits, anything over
$10.
It should say anything over $10.
You understand that.
You're the investor.
You put your money in the bank.
They're loaning your money outas soon as it hits the bank.
You got life insurance, publicbonds, notes, certificates, any

(49:55):
federal income tax, any incometax or foreign tax withheld.
You file a 1099-INT.
Yes, you can't order auto, soyou do get all these.
Mark says you can order allthese from the IRS.

(50:16):
Yes, you can.
Any form that I'm talking about.
Any form that I'm talking about.
Let me see if I can show youhow to do that.
Let me bring it up, since youbrought it up.
Popped up, I do.
Ints, look over the tax forms.

(50:36):
There you go, it's free ofcharge, it doesn't cost you
anything.
You go to motherfucking OfficeDepot.
They're going to charge you $20for like five motherfucking
forms.
I don't know the price.
I'm just careful I don't buythe shit.
All these mortgage intereststatement Y'all should know what

(50:56):
that is.
That's just Listen.
That's a 1099 OID process too.
Look, I just wanted to showy'all.
I know what the fuck I'mtalking about when it comes to
this shit.
Nigga, that's an OID form niggaSee it.
Mortgage interest statement ifyou're trying to get out of

(51:18):
mortgage.
Just thought I'd throw that outthere.
You gotta order that shit too.
Wishing statements, all that.
So these are.
This is actually in the booktoo, but you can order all of
these.
Any IRS form that I'm talkingabout you can order them.
There's a 1099-C right there.
Cancellation of debt you canorder them there's a 1099-C
right there.

Speaker 1 (51:37):
Cancellation of debt.

Speaker 2 (51:38):
You can order like 100 at a time.
Man.
They'll drop them bitches offby the box load.
I'm talking about.
I had shit, tons of forms.
If you used to be able to go inyour local before COVID, you
could go into your local IRSoffice and get all these bitches
.
They have any form you need,but they don't carry them no
more, Ever since COVID.
So 1099-ISC it breaks it down.

(52:02):
This really is a Chad GPT book.
I ain't even gonna start withyou Go get it though.
Go get it though.
So look, you can make your namea sole proprietor or
self-employed.
You always want to say you workfor yourself.
That's just what I want tothrow out there.

(52:25):
I'm going to get down to anitty.
This is everything that'sreally in the book.
Home office deductions when youstart learning, let me see what
you're going to tell me.
Household employment taxes I'mseeing motherfuckers get

(53:00):
anywhere between 20,000 to100,000 back on schedule.
Home office deduction if youuse your house as an office, or
even travel expenses I like I'llgo on vacation If your name's a

(53:21):
business and all your kids'names are business.
Right, and I'll follow along.
There's no longer a familyvacation.
That is a business trip.
Transportation costs, lodgingexpenses, meals this may include

(53:48):
tips.
I tip, I'm a big tipper, ain'tI equity?
Tell him, man.
Hey, around me, bro, yeah allblues I couldn.

Speaker 5 (53:54):
I don't know what's around me, bro.
Yeah, all blues I couldn't.

Speaker 2 (53:59):
He gave me money.
How can you afford this life,nigga?
It comes right back, this shitis free money.

Speaker 5 (54:06):
Yeah, Pat Pat.

Speaker 2 (54:10):
Take your ass off, you, patricia.
Hey, is we not planning ongetting a big back back with our
business, or not?
I can't hear you.
I can't hear you, patricia.

Speaker 5 (54:25):
I was on mute.
Now I say, yeah, what's ourplans?
Our plan is to check back withthe business.

Speaker 2 (54:34):
Listen, do we not spend that paper?
Yes, Patricia who took care ofthe celebrities in New York, don
Kalon?
No, he was there too,motherfucker who was driving
them around, and shit Me, youmet Busta Rhymes.
He hugged you and shit yeah,rag on yourself, girl.
Every room I take her in, theleader's trying to talk to her.

(54:56):
It's crazy as fuck, because shereally don't know nothing.
Am I lying, though, patricia?
No, nigga, they love you, don'tthey?
Uh-huh, they asked if she was adoctor, right or wrong?

Speaker 5 (55:11):
Right, I've only been following down, for it's going
to be a year.
It for it's gonna be a year.

Speaker 2 (55:16):
it's probably be a year in August that's the best
investment you ever made, huhyeah make all your money back.
We ain't gonna say it ain'tcoming.
No bullshit.
We still have our problems nowwe dealing with.
Thank you, patricia, but nowshe understand the business.

(55:41):
I don't want to move forwardwith people if they don't really
have full comprehension what'sgoing on.
So this class is really for.
I'm glad she's in the class.
That makes me feel good,because she really don't have to
be.
You know, I'm saying becauseshe already doing her part, but
she has fucking.
I'm not gonna say how muchmoney she's made, but she
fucking makes money.
But she's just like me, shetakes care of everybody.
So I'm going to teach her.

(56:01):
Hey, because we're alreadydoing it on our business.
But the money she's giving outisn't from our business, that's
from her.
She's taking care ofmotherfuckers.
Her nigga, famous, by the way,just want to throw that out
there.
Her guy is famous you need toholler at her, nick because he's
a famous rapper.
Straight up, she fucks with afamous nigga.

Speaker 3 (56:22):
Real talk, it's crazy how the world works.

Speaker 2 (56:26):
It's crazy, she works for Don Kalam.
But yeah, we're definitelygoing to be getting these.
Let me just show y'all what I'mgoing to show.
I'm going to show you what meand her are going to do.
All these, everything I'veshown you.
We got our bylaws together.
We got our.

(56:46):
We keep our minute meetingsBanking resolution.
She went in there didn't knowwhat the fuck she was doing.
Listen, listen.

Speaker 3 (56:56):
I'm going to tell you how I did it, because I want
y'all to know how I do mytrustee.

Speaker 2 (56:59):
She kind of called me while she was in the bank.
The dude asked me for my social.
I hung up on her.
I hung up, Did I not?
Patricia?

Speaker 4 (57:10):
Yeah, you did.

Speaker 2 (57:14):
Call me back when you get the account.
Show me up to them.
We'll talk Private accounts.
Be good to go.
I'm about to show you whatwe're going to do, because we've
already probably damn near onthe threshold.
I already feel it.

(57:34):
I'm following this shit, butit's called a net operating loss
.
You can get up to for twopeople.
You can get up to $500,000.

Speaker 5 (57:45):
Who hit that?
Uh-huh, it was a.

Speaker 2 (57:50):
One person gonna be $250,000 for single returns.
I know one person that just gotback $250,000.
I know one person that got $70million, but I'm not playing
around with that shit.

Speaker 3 (58:06):
I'm not ready for that.

Speaker 2 (58:07):
I'm not ready for that level.
Just so you guys know I'm notfollowing $1 million with no IRS
, nothing I'd be happy with.
I'd take $500,000, $250,000.
Let's call it net operatingloss and literally somebody put
me on game.
I seen them do it.
I seen them get money back.

Speaker 1 (58:42):
How to file for a net operating loss.
It's going to tell youeverything in chat GBC.

Speaker 2 (58:53):
NOLs can reduce other NOLs can reduce other income of
the owners against which it canbe deducted, and these are the
forms right here?
And this is to get a refundright here.
This is how you get yourrefunds With me and Patricia.
This is the one we'll be filing, and if you have an
unincorporated association, youcan file these things just like

(59:16):
a corporation, if that makessense.
When it comes to theunincorporated association, you
do not have to pay taxes.
If you do have an EIN with yoursocial attached, that's okay
because they cannot tax thatbusiness If you're doing it for
I want you to know, when you doa, you got to have a purpose of

(59:37):
an unincorporated association.
Let me see what it say.
So if an unincorporatedassociation purpose is
charitable, educational orscientific in nature, you can

(59:59):
operate like a 501c3.
All contributions are taxdeductible.
You cannot be taxed on yourpurchases.
I want to throw that out there.
The Freemasons operate underthis.
This is why they don't paytaxes.

(01:00:21):
It's considered a social club.
If it's a faith-basedorganization, then it's going to
be considered.
So this is just like a 508C1A.
It's the same exact thing,except unincorporated
associations cannot be put in astatute structure.
You can't use codes and statuteon my unincorporated
association.
That's why you can't tax it.

(01:00:41):
Does that make sense?
I want to make sure everybodyfollows along with that
statement because they'd beconfusing sometimes for me
trying to explain what thefucking unincorporated
association is shit.
You really are.
An unincorporated associationis Shit.
You really are anunincorporated association,
except the contracts that yousigned up for is what's making
you pay taxes.
The birth certificate, the IDand the social security number

(01:01:05):
all together create anunincorporated association.
So anytime the government getsinvolved, they already know, so
you're gifting everything tothem.
I hope that makes sense foreverybody.
I appreciate y'all rocking withme this night because y'all
could be anywhere in the world,but y'all sitting here with me.

Speaker 3 (01:01:28):
All right.

Speaker 2 (01:01:31):
Self-employment tax deduction.
I don't do that.
If you got health insurance,you can deduct all that shit too
.
These are my favorites, so letme find that that's definitely
in tax credit.
If you pay for my classes, youpay for the school.
Hey, somebody going to hit meup?

(01:01:53):
Motherfuckers, be complainingin the school to you.
I got to quit complaining andbeing soft if I want to answer
your question.
I ain't got to answer yourmotherfucking question you can't
make me.
I'm going to block your ass.
But education credits there yougo.
I know you've seen this formright equity absolutely but have
you used it yet?

Speaker 5 (01:02:14):
not yet.
You need to use this bitch.
I got a whole bunch of stuff tofill out by the 31st.

Speaker 2 (01:02:20):
Well, look so look how land the people on fiber.
But also, you listen, I used tojust send shit into the irs
like I don't know what I'm doing, but I know these are the forms
I'm supposed to fill out.
You're're the tax expert tomake it work.
If you need any questions, callme.
If you have any questions, callme and then they get your ass.
Something called an accountmanager and dude's name was

(01:02:44):
Jerome and he helped me witheverything.
He would fill the shit out forme.
I didn't fill out shit, hewould just ask questions.
I just want to throw that outthere.
I learned that from one ofthese gurus out here when I
first started came before I wasdoing this shit.
I think it was PJ.
It was like tell them to do it.
I heard that too.

Speaker 5 (01:03:05):
I heard that too before.

Speaker 2 (01:03:07):
I definitely wasn't going to fill out no 1099 OID
when one fucker said his namewas going to jail.
But that's what I knew.
To make your name a business, Ifilled out the 1099-OID.
I got my refund back in 2020during COVID.
I ain't looking back sinceStraight up First year I could
afford hoes.
You hear me Shout out to COVID.

(01:03:29):
You hear me.
I used to just look at them onBackpage.
Now I got them Ubering themover.
You hear me Now look, I'm justfucking with y'all man.
I don't want Kourt to get introuble.
He in Las Vegas.
I don't want him getting noidea.

(01:03:49):
I'm going to send Lili that way.
Make sure she right.
You hear me All right where weat.
I'm a fool of equity.

Speaker 4 (01:04:02):
I miss you, dog man.

Speaker 2 (01:04:04):
Listen, I need an intellectual conversation.
Homie, I'm going to have togive you your motherfucking
money.

Speaker 5 (01:04:09):
Nigga, I thought it was Today.
Was the council?
I've been up since 5.
Nah, it's a week because youmade it for the 31st.
I know I've been the council.
I've been up since five.
Nah, it's a week because youmade it for the 31st.
I know I've been tripping.
I've been up.
I haven't been sleeping, I'vebeen.

Speaker 2 (01:04:20):
I've been getting to it, but you got my number
directly.
But I appreciate the donation.

Speaker 5 (01:04:25):
For sure I ain't going to ask no questions
without you know what I'm saying.
Paying, but you cool bro.

Speaker 2 (01:04:28):
She had her friend call me today.
Oh, yeah, yeah.

Speaker 5 (01:04:37):
It's all good, Pat-Pat.
Yeah, we ain't trying to abusethe relationship.
You feel what I'm saying.

Speaker 2 (01:04:41):
Nah, she cool, she cool.
We definitely abused ourrelationship.
We cuss each other out alltypes of shit.
She cussed me out too.
She said, don, I'm not fuckingscared of you.
Then she going to have hoodniggas call me, I'm like damn.

Speaker 3 (01:05:00):
How you good.

Speaker 2 (01:05:01):
Patricia, I'm just letting them.

Speaker 3 (01:05:07):
Know you're that bitch.

Speaker 2 (01:05:07):
You hear me, I love helping the right people.
Just put it like that.
I don't use this either,because this involves setting up
some shit with the government.
You ever went to those littletraining programs?
I know some of y'all niggasmight not have been in trouble,
but you try to look for a job.
You're on papers and shit.
You're looking for a job, workopportunity, tax credits.
They train you, they do all ofthat.

(01:05:27):
They got grant money from theIRS.
That's what this is.
I can't even think what it'scalled where I'm from.
They used to make me go downthere.
It's the same place they get myfucking.
It's the WIOA program.
Yeah, it's like they go in thereyou have to go watch TV, you
have to watch programs and golearn something and they help

(01:05:48):
you look for a job.

Speaker 5 (01:05:49):
A workforce center.

Speaker 2 (01:05:50):
Yes, workforce, yeah, that's all it is right.
Here you can set up your ownworkforce development and help
niggas get jobs and you will getpaid.
Um, I think every felon youfind the job, you get 5 000 per
felon.
That's how it used to be.
I don't know what it is now, soI used to you give them these

(01:06:11):
little you and then the personthat hires you gets $5,000 for
that year for hiring.
So it's a nice little play.
I have used this form.
This is a general business taxcredit.
I want y'all to see it.
Damn, I'm going to show y'allall my password and shit.

(01:06:36):
Broski froze.

Speaker 1 (01:07:05):
Yeah, you got to turn it into a meme.

Speaker 5 (01:07:17):
He's probably about to cut back too.
I'm back.
Oh you on mute.
Nah, it kicked me off.

Speaker 2 (01:07:27):
The internet's slow man, so my bad, y'all Just bear
with me.
I thought I'd be cool because Iswitched locations.
I'm in the middle of the Amish,you hear me.
I seen some Amish people today.
They were shopping at DollarGeneral.

(01:07:47):
I ain't know what was going on.
They do be going to the storesand shit.
Like literally, there's thisplace called Bowling Green,
missouri.
They got a place where they canpark their horses and shit.
So this is one form I use too Ageneral business credit.

(01:08:08):
I just type that in.
I just typed something generalin and see what it tells me, and
then it disappeared.

(01:08:45):
It allows businesses to claimeligible tax credits that can

(01:09:07):
reduce their tax liability.
If a business qualifies for anycredits listed on Form 38, you
can.
So what forms?
Let's see what forms can they?
Everything that we just wentover, you can put that on there

(01:09:29):
too.
Then research credits I don'tknow about that one.
I don't want y'all to thinky'all getting section 8 right,
this shit off.
So it's if you invest in lowincome.
So I guess if you pay rent, youinvest in their ass.
Write your $24 a year off.
You hear me, but you see, ifyou invest in it, this is why

(01:09:57):
they do it.
So I want you to know if y'allwant to set up Section 8 houses
and stuff.
Know if it's like, if y'allwant to set up Section 8 houses
and stuff, or HUD, I can helpy'all with that too.
I know people that do that.
Isaac Griffin says dropping toomuch game.
Dude took a screenshot of mesmiling.
I'm going to say that.

Speaker 1 (01:10:17):
Turning into a meme.
Don't ask questions.
Book a consult Right.

Speaker 2 (01:10:21):
Hey Red Dog said my halfway house is full of family
members.
You must be half black.
So I do.
I have used Form 3800.
I was taught to use that, andthen also let me try to find
this00.

(01:10:42):
I was taught to use that andthen also let me try to find
this form.
I was taught that death, deathloss or something like that, I
have to write off there.
We go right here and then thenyou can.
If you can write off losseswith this, you could.

(01:11:05):
I'm talking about regularlosses.
You write it off as a theft.
It sounds crazy oh form 4684.
Let me type that in the chat GPTand see what it tells me being
used as business losses.
Let me type that in the chatGPT and see what it's telling me
being used as business losses.

(01:11:32):
The form allows you to reportlosses incurred on property used
in your trade or business.
This includes buildingmachinery, equipment and
inventory.
If your business property wasdamaged or destroyed due to a
casualty event like a fire,flood or storm or something
unlawfully taken, you wouldreport this on the forum.

(01:11:53):
That make sense.
Everybody.
Yeah, man, how much morefucking game y'all think y'all
gonna get from me.
No, let's fuck with y'all 45more minutes.
I showed y'all how to get a carfor free.
Look, can you ride off abusiness vehicle that would be

(01:12:20):
your name LLC.
Be your name, llc, not yourname.
Go make your name an LLC.
Then go transfer the title.
Can you write off a businessvehicle 100% with section 179?

Speaker 4 (01:12:37):
Let me zoom in.

Speaker 2 (01:12:37):
I'm going to have you read that for me, Court,
because you read pretty shit.
You read good.
You don't be taking your timeto sign the shit out.
Yeah, I had to write that downreal quick.
The teacher probably nevercalled on you in class because
you read good.
The teacher like calling themmotherfuckers and don't know how
to read you being thatmotherfucker all day.

Speaker 1 (01:13:01):
Equity Motherfucker.
Huh, it be people reading likethat too, yeah some of these
Googlers that word don't even bewhat they read.
That's just makeup and word.

Speaker 2 (01:13:12):
It's all good man, as long as they understand what's
going on.

Speaker 5 (01:13:15):
Yeah.

Speaker 2 (01:13:19):
Let me quit talking about people, man, People who
think they can read, can't readShit.
So look, I said can you writeoff a business card 100%?

(01:13:40):
It says yes.
Under Section 179 of the IRSTax Code, businesses can deduct
the full purchase price ofqualified equipment and software
purchased on finance during thetax year.
This means that if you purchasea business vehicle that meets
specific criteria, you may beable to write off 100% of the
cost in the year of purchase Iwas talking about.
You get all this shit back.
You get the money back.
Qualified vehicles it has toweigh over 6,000 pounds.

(01:14:04):
So, like SUVs, trucks or RollsRoyce, I think you can write off
these vehicles too.
Let me see when I first startedI was having other people, so

(01:14:26):
you can write it off.
A lease vehicle, the mileage,the expenses 100%.
I know you was on the phone,Equity, but you see it 100% you
can write off a car.

Speaker 5 (01:14:39):
Yeah, I got it, I got you.

Speaker 2 (01:14:57):
Damn that motherfucker keep playing.
I don't know why it's playing.
You only do it one time in thefirst year.

(01:15:18):
You only do it once a year.
You see this shit.
Any other vehicle is going tobe 12,000 or 11,000, 28,900 for

(01:15:42):
the first year and you have touse the car for 50% more of your
business.

(01:16:05):
That's pretty much it, thoughI'll show you a tuition form too
, real quick, in case you knowlike I school at my school
online school.
It's just 50 a month.
That's really not tuition.
But if you have tuition for aschool, it's a 1098 t form and
you can write that off and getthat shit back as a business
credit as well.
It looks just like the 1099 OIDprocess.

(01:16:25):
It is.
It's in the 1099 family on the1090 family oh, 1098-t tuition
statement.

Speaker 1 (01:16:34):
You use that for your doctor's?
When you got your doctor's.

Speaker 2 (01:16:38):
No, just any time you got tuition.
So let's break down thedefinition of tuition A sum of
money charged for teaching orinstructions by a school,
college or university.
Teaching or instructionsespecially of individual pupils

(01:17:00):
or small groups.
So if you have to make payments, like I said, making a $50 a
month payment, it can beteaching or instructions,
especially of individual pupilsor small groups.
So if you have to make payments, like I said, making a $50 a
month payment, it can be used astuition if you want to utilize
that.
But you could probably do thefull amount on the education tax
form as well.
But anytime you're paying toget instructions from somebody,
that's tuition.
I look at the school.

(01:17:21):
If you're paying $50 a month, Ilook at that as a tuition.
But regardless, if you need meto write you something, just
holler at me.
You've already paid theconsultations and shit.
If you need me to send you aform, I'll write you a
motherfucking receipt.
You can go ahead and file thisshit on tuition or education tax
points.
Just let me know.
If you got a motherfucker andyou had a car with me, shit,

(01:17:44):
holler at me, man.
You know.
If you pay me cash, man, tellme what to write down Strike
that for the record, I'm high.
I spoke to blood earlier.
This car costs $1.
$1.
Ain't no taxes on it.

(01:18:05):
Y'all know.
Y'all used to say y'all'sfamily member cars for $50 and
shit man quit playing.
I don't even know what thisform is.
86, 92.
Let me see what it is.
I don't want to skip that, but Igave you all the main ones.
Definitely, the rich people arewriting off education.

(01:18:27):
They're writing off theirfamily vehicles.
Let me say it again Familyvehicle.
If you have a family business,which you do, everybody does
your family costs.
This is for healthcare.
This is what you use forhealthcare.
That's why I don't know what itis I'm going to show y'all how
to get some.

(01:18:47):
Y'all can get cards for y'all'sbusiness.
There's these cards y'all canget.
I'm going to do a class overhere.
Once you got your businessestablished and you got people
on payroll and shit, you can goget these up to $10,000.
It you can go get these up to$10,000.
It looks like it's Visa forsure.
That's the car, wasn't it?
And I can't remember what it'scalled.
This lady showed me how to doit.
It's a healthcare card.

(01:19:08):
You can use it for anythingwith healthcare Up to $10,000 a
year.
If you need to get braces, youneed to.
I don't care.
If you need some band-aids, youcan go to Walmart and use that
motherfucker.
It just does not work for yourlocal drug dealers.
You have to go to the store oruse a UX for chiropractors.

(01:19:30):
Retirement savings I don't knowthat must be IRA.
Sign me up for that, let meknow when you?
Yeah, I'll get the info out.
I'll probably just give it toy'all for free because that
shit's important.
I only went over the schedule H.
Y'all.
Just let me know if y'all haveany questions.
The form 940, the 941 form Ireally want y'all to learn that,

(01:20:00):
because that's the first move Iseen this lady do.
She was juking, she was gettingmoney, she was getting paid off
all her family, so business.
If you have an electric car too, let me throw that out there.
If you do have an electricvehicle as well, that's a whole
different, separate tax credit.
It's called the electricvehicle tax credit.
I usually don't talk about itthat much because you only get

(01:20:22):
like $7,500 back, but I knowy'all can use $7,500.
I got a equity.
I'm getting me a fuckingGenesis too.
Fuck that shit.

Speaker 3 (01:20:36):
For sure yeah.

Speaker 5 (01:20:40):
G70.
They got the trucks too.

Speaker 2 (01:20:43):
I know I've been looking at the trucks.
I might get a truck instead ofa car.

Speaker 5 (01:20:47):
Yeah, get the SUV.
I like them, man, I like them.
Look like that Bentley.
Yeah, yeah, they do don't theyyeah.

Speaker 2 (01:20:54):
Clean vehicle credit.
This is for electric cars.
They'll give you for anyelectric car you got.
I think you can only do it thatone the first year you got it.
You can get $7,500 back Taxcredits.
But this is what you want tolook for Is there anything, any
IRS form with credits on it, andfigure out how to apply it to
your business, and there's lotsof great resources out there.

(01:21:17):
I'll give you a couple of themtoo.
Who I learned from.
So this is one guy I learnedfrom right here.
This guy right here, lifeaccounting, every small business
tax write-offs and he does alot of shit.
I'm going to put this in thechat this dude Remdog crazy.

(01:21:42):
He said shit.
This dude rim dog crazy, hesaid shit.
I be trading green out for foodstamps food stamp credits he
said fat boy gotta eat.
Well, you, let me know if youknow anybody else that I need
someone else too.
Yes, he says also works withleases, right, yes, it does.
That boy is silly.
Well, you let me know if youknow anybody else that I need

(01:22:03):
someone else to.
Yes, he says also works withleases, right, yes, it does.
That boy is silly.
He said he gets food stampcredits.
The fuck is wrong with him.
You can't write that shit off.

Speaker 7 (01:22:12):
So when you talk about this, I know like my main
thing lately has been likebecoming an agent.
But when you talk about as faras like doing like 40, from 40
to 42, all of this, you, you,you suggest doing all of this,
like establishing the, the taxcompany, and doing all this for

(01:22:33):
the lsc, what about?

Speaker 2 (01:22:33):
yes, but if you're just gonna have somebody do it
for you, it's not necessary.
But at the end of the day, Ijust put some limited liability
on you in that name, as you know, so I want you to see the law
real quick.

Speaker 7 (01:22:48):
I was thinking about doing that.
4852.

Speaker 2 (01:22:52):
Yeah, yeah, I didn't go over that today for a reason,
but because that's reallywhat's part of the withholding
agent process.
But the 4852, let me just showeverybody because it is in the
book this is how you get youryour uh, that federal, federal

(01:23:12):
withholding, whatever they tookout on federal taxes, and and
that's only that, everythingright here.
And that's only that,everything right here.
If anything they took out, youget that back.

Speaker 7 (01:23:24):
Yeah, it's only that okay, everything right there,
alright, cool.

Speaker 2 (01:23:28):
Yeah, you're so scared you taxed it with help
cause it's a contract.
What about like my last job.
You wasn't aware of this shitif you knew that they, they was
withholding your money, wouldyou have let them?

Speaker 7 (01:23:40):
I work like a, like a bartender serving Does that
matter?

Speaker 2 (01:23:43):
with tips and stuff like that If you could put the
tips in.
You claim it, that's on you,but this is what been withheld
from your ass.

Speaker 7 (01:23:54):
See what I'm saying.
So, when you talk about as faras, like, hypothetically
speaking, if I'm doing it formyself, I should at least do the
.
If I'm doing it for myself, Ishould at least do the pti and
get my pti, and I should stilllike establish a llc to do it.

Speaker 2 (01:24:07):
Yeah, absolutely okay , absolutely, I think we already
did that.
That's derrick, hell yeah yeah,hey, his ass was the only one
on.
One of them calls with me onEquity.
That nigga in two, though.

Speaker 5 (01:24:24):
You got him there.
He turned, he came there, hejust was overthinking.

Speaker 2 (01:24:29):
Yeah, that boy was everywhere, wasn't he at first?
Yeah?

Speaker 7 (01:24:32):
How.

Speaker 5 (01:24:33):
I live for free, how I live for free, I'm like nah
brother, not do that, go ahead.

Speaker 7 (01:24:39):
It's a way out there to do it though and that's what
I learned, man.
You just got to do one step ata time.
You got to kind of know whereyou want to go, and then Right,
that's it.

Speaker 2 (01:24:46):
You got to have a yeah so you can set your
direction and goals, having youknow where you want to head.

Speaker 7 (01:24:51):
Yeah.

Speaker 2 (01:24:55):
You know, because a lot of people come to me with
these calls.
I'm like, bro, I'm going to doa follow-up call, so at least we
have a goal set, like nigga,where you going, where we headed
, because you everywhere withthis shit.
You know there should be areason, because all these terms
are broad.
It's what you believe intruthfully.
So when you talk about statuscorrection, maybe you just need
your status corrected with thefamily.

(01:25:17):
The family don't know who thefuck you are.
The family don't know who theyare.
You get your family statuscorrected as far as, hey, you're
this person in the family,you're this.
I want everybody to understand.
So when you understand thatyour name's a business, now
you're handing out intellectual,your intellectual essence.
We can hand these down tofamily libraries.

(01:25:38):
I'm going to touch on this justbecause if equity was not in
this classroom, I would not betelling you all this.
So y'all can thank equity,because he needs to hear this
shit.
Appreciate your equity.
The next thing in the privatethat we're working on, what I've
stepped away and I'm working on, is something called a heritage
trust.
It's a form of a dynasty trust.

(01:25:59):
It's heritage.
You ever heard of a heritagehall Y'all not handing down
y'all heritages at all.
You're here for a reason.
What is your morals and values?
This is what we're handing down.
So you know, don Kalam is areason why I came in writing
books.
It's not that I wanted to writebooks, but when y'all started

(01:26:20):
buying them, motherfuckers, Iwas happy to write them
motherfuckers.
But it's because I'm handingdown a family library.
Barack Obama got a familylibrary.
You know, patricia, you stillin here.
She's still in here.
She might have gone, but she'sa president on.
You know, she here, patricia,you ain't got to just be a

(01:26:49):
president of the United States.
The United States is a federalcorporation.
You be a president of yourfamily corporation.
That's enough to hand down andmake a uh, uh, uh.
Hand down your legacy.
The government is keepingrecords on you.
Why wouldn't you want to keeprecords on yourself?
Matter of fact, my shit'strademarked.
Now you can't even keep recordsof my shit.

(01:27:10):
I need them.
Hand them over, take me outyour system.
I'm opting out pussy.
Don't say it like that, be nice, because before they kill you,
they're back to you.

Speaker 7 (01:27:24):
Hey, I'm from the government, I'm here to help but
no, let me know if y'all haveany questions.
I'm here for y'all.
Man, I'll be having.
I got questions, goddamn um.
So, like I was, look, I did alittle bit like doing my
research.
As far as like right now, onething I like I've kind of been
focused on my kind of grass isthe 4852.
I've already been like kind oflike doing some research and

(01:27:44):
stuff on it.
It's just something I grabbed.
That's what I'm going with umand I just seen, like doing my
research.
You attach it to the 1040.
You have to send it to aspecific like um irs processing
center, correct?

Speaker 2 (01:27:58):
right.
It should be on that forum thenMm-hmm, I bet ChatGPT knows
what this thing is and shit too.

Speaker 7 (01:28:05):
Yeah, that's what I've been using sometimes.

Speaker 2 (01:28:08):
You've been using the one I showed you.

Speaker 7 (01:28:10):
I haven't yet.
I like I be doing it off myphone, so I just use ChatGPT.

Speaker 2 (01:28:16):
All right, I got the same one on my phone too.

Speaker 7 (01:28:19):
For Hot Pot Noose or whatever.

Speaker 2 (01:28:22):
No, not that I don't use that one, I'm using Genie.
Okay, but that one, that onethat I couldn't, that one does
that one's good too.

Speaker 3 (01:28:34):
Mm-hmm.

Speaker 7 (01:28:40):
Oh, so like here's a question because I was going
through it.
I was going through it should Ilike print out my 1040 and fill
it in or like, or whether it'son a computer, or print it out,
like I have to do a specific1040 that matches my 4052?

Speaker 2 (01:28:55):
So me like.
I showed you how to order allthose forms, so check this out.
I'm going to show you how Iorder everything you ready.

Speaker 3 (01:29:00):
Mhmm, like I showed you how to order all those forms
, so check this out.
I'm going to show you how toorder everything you ready,
mm-hmm.
Y'all never thought about thathuh.

Speaker 4 (01:29:12):
Y'all never thought about that huh?

Speaker 2 (01:29:16):
Can you read that out loud for me?
Court.

Speaker 7 (01:29:21):
Unfortunately, the scenario isn't fiction.
Most color laser printers andcolor copiers are designed to
print invincible tracking codesacross every single printed page
of their output.
These codes reveal whichmachine produced the document
and, in some cases, when adocument was printed or copied.

Speaker 2 (01:29:40):
I have them file it.
I have them send everything tome.
These forms came directly fromthe IRS.
God damn it.
Y'all following along.

Speaker 3 (01:29:48):
This, that private life boy.

Speaker 2 (01:29:54):
So let me touch on, let me touch, touch, listen.
So I'm not telling y'all how tofill out IRS forms.
Once a private citizen, what'sthe tax forms to recover the
past taxes?
Where was you at the wholefucking class?
That's when I?
That's your answer.
Ain't that what?
We just went over the wholeclass, how to get your past

(01:30:15):
straw man's tax fucking creditsyeah, I kind of came on late
yeah no, no, I'm just throwingit out.
I'm answering these questions,you know, but you talked about
the 4852.
What you doing that for?
To get back your star man'scredits correct.
Yep, it's not yours, it's thestar man's.
It's the name, because it's abusiness.

(01:30:36):
The natural man does not have atax.
I need everybody to understandthis.
The the natural man does nothave a tax.
I need everybody to understandthis.
The natural man cannot be taxed.
Are they taxing the Amishpeople?

Speaker 1 (01:30:49):
If he opted in, they're taxing those
identifications that you stillclaiming, that you should be
claiming.

Speaker 2 (01:30:54):
Every time you go get your ID scanned or something.
Listen, how does the jail getpaid?
As soon as you give them asocial security number and they
find you in the system, you canwant everything you do in
commerce.
You're getting taxed Everything.
So these are the ways to get itback.

(01:31:14):
Every form I went over yourwhole life should be a
deductible.
Your bills are deductible.
Your bills are a deductible.
It pays for your family to takecare of your bills.
There's no longer bills.
These are deductibles.
Everything is paid for.
Everything is paid for.

(01:31:35):
You're just playing the game.
When you pass gold, they'regoing to give you $200,000.
$250,000.
That's.
They're going to give you$200,000.
$250,000.
That's what you're going to get.
That's the bare minimum.
I'm telling y'all right,motherfucking now the
motherfuckers is getting backthis money, this bag, and that's
all I'm focused on for the restof the year.

Speaker 1 (01:31:55):
Make that your motherfucking business.
You can get that full amounteven if you don't spend that
amount.
Nigga you know, how to makereceipts.

Speaker 2 (01:32:04):
All right, Nigga you got to check your ETP.
Nigga, say less Straight up,I'm going to make you some bank
statements.
Certified Freaking that shit.
Certified financial statement.
What's your motherfucking whatthey call it?
They call it the financialforecast.
We need to check the financialforecast.
I said what the fuck?

(01:32:25):
You a media?
You a business meteorologist?

Speaker 4 (01:32:31):
um minister, um kalam , are you all?
Are you all still providing theservice to do the two forms?
I saw that during your webinarthat we can hire you all to do
the 1045 and 1139 for us?

(01:32:55):
Yes, I would be honored if Icould get your.
How do you receive your paymentand all of that?

Speaker 2 (01:33:09):
Are you in the school ?
You're in the school, correct,because I only posted this in
school.

Speaker 4 (01:33:14):
Yes, sir.

Speaker 2 (01:33:14):
So just reach out to me directly and thank you for
accepting me, because mylanguage has been foul tonight,
so I apologize to you, ma'am, ohno, no, no.

Speaker 4 (01:33:22):
Apologize to you, ma'am.

Speaker 2 (01:33:22):
Oh, no, no, no let me know, you raise some thugs then
girl oh no, I'm just referringto you what you are, because I'm
myself.

Speaker 4 (01:33:36):
I hope everything is making sense for you, though yes
, and also I'd like to hire youall separately for the.
I've got the non-interestbearing bank account for my
ministry trust.
Yes, ma'am, I don't know how doyou file the 10B.

(01:34:01):
That's what I'm saying.
Can I hire you for the1045-1139?

Speaker 2 (01:34:08):
Yes, ma'am.

Speaker 4 (01:34:08):
As well as to get my bank deposits back through the
ministry trust.
Yes, ma'am.

Speaker 2 (01:34:16):
So I text you and I ask you for the.
Can you mention me in theschool?
You know how to use the chat inthe school.

Speaker 4 (01:34:24):
All I've been doing is texting you.

Speaker 2 (01:34:30):
All right, I need to know if you can send me your
number in the school, likethere's a private chat in the
school.

Speaker 4 (01:34:38):
Yes, yeah, send me your number Is your government
name.

Speaker 2 (01:34:41):
Is this name Murray in the school?
Yes, yeah, send me your numberum your.
It's your government name inthe.
Is this name murray in theschool?
Yes I'm gonna look for youright now and send you a message
yes hey, it sounds like whoyou've been studying with you
know what you're talking about,girl well, I've been um,
listening, uh, to you and yourvideos.

Speaker 4 (01:35:03):
I have practically all your books also, so I'm
trying to build a tribe in myneighborhood.
What I want to do is you blowme up and then I turn the other
people on to you also.
I know a lot of hard-workingpeople.

(01:35:23):
I just sent you a message.

Speaker 2 (01:35:27):
You in New York, where you at.

Speaker 4 (01:35:30):
No, I'm in Florida.

Speaker 2 (01:35:32):
Okay, it just said you're on New York time, okay.

Speaker 4 (01:35:35):
Oh yes, eastern, Standard Time yes.

Speaker 2 (01:35:38):
Okay, I appreciate you tuning in with us.

Speaker 4 (01:35:43):
I appreciate you looking.
I don't mean to go into grandmamode, but you know all of you.
You know, when you put thisinformation out here to help
people, you know people areclueless, they don't know
anything and and I mean we allcarry, you know the, the

(01:36:03):
computers, the phones and allthat what do you look up?
I mean you didn't want to berich, but what are they studying
, right, yeah?
And so I just have to put it onto you that we appreciate you
to bring us this information,and you know it's never too late
to want to become rich orwhatever.

(01:36:25):
I want to do that for my ruralcommunity so that these people
have the last laugh.

Speaker 2 (01:36:33):
No doubt, no doubt we can have the last laugh
together.
I'll fly down to you tonight,girl.
Don't tell Grandpa I'm all formyself, my son's 19.
You hear me?

Speaker 5 (01:36:46):
Yes.

Speaker 2 (01:36:47):
I love your smile.
Thank you so much, oh I thankyou.
Yeah, I like that.
She's studying the right shit.
Now, why are red sharks can'ttalk to me like that?
She already knew which form shewanted and everything.

(01:37:08):
You hear me.
All I'm going to do is chat,gpt it.
No, I'm playing with y'all.
I'm playing with y'all, but no.
So I want y'all to know fromstart to finish, like literally,
if y'all really want me to dothis for you, I'm going to hook
you up with a.
I'm going to get you anaccountant off Fiverr.
I do got an account in Florida,though.
Let me just give y'all theinformation, but you're going to

(01:37:30):
have to tell them what you needdone.
I'm going to put it like thatBecause sometimes they be acting
slow as fuck, but they knowwhat's going on, because they
don't pay taxes either.

Speaker 3 (01:37:43):
I shouldn't have told they business.

Speaker 2 (01:37:50):
This is them.
Right there they started in StLouis.
I've known them my whole life.
If you look up my credit report, this is actually one of my, my
addresses.
This is how I got here for childsupport.
I had to get rid of it.
So this is them right there.
So they do bookkeeping servicesand accountant services.

(01:38:12):
They're accountants, but yousee, look best bookkeeper in st
louis 2020.
They started in st louis.
It's literally like, basically,my family.
It's the white side, though, so, but they definitely went black
and never went back right, butthey're white.
I be telling too much business.
I be volunteering information.

Speaker 5 (01:38:33):
Huh, all they kids and grandkids mixed.
The San Victorians are the newhotness.

Speaker 2 (01:38:43):
They the good people, the trustworthy, the first
multi-millionaires that I wasaround, and seeing bank accounts
and learning about certifiedfinancial statements.
They actually created acertified financial statement
for me Tax-ready financialsright there.

(01:39:05):
They do payroll all of thatshit.
Man, anything you need, justtalk to them.
If you just tell them, don'ttell them, don Colom, since you
tell them Jeffrey McBride didokay, can they help?
Out with that 4852 and stufflike that no, they're not going
to help you with that one allright, cool, but like to get to
get your business, uh, creditsback they'll.

(01:39:27):
They'll do everything they canbecause they're going to take a
cut, but some of them forms theymight not know about right, you
gotta kind of know how to.
You don't have to tell themabout it.
Yeah, yeah, the same way.
But like some of my registeredagents and some of my attorneys,
they don't even know about theministry trust.
Like Murray she just talkedabout, she has a ministry trust.
She has a non-interest bearingaccount.

(01:39:49):
I already knew what she wastalking about.
So when she said non-interestbearing, I already knew she had
an unincorporated associationestablished.
She is not going to be taxed.
I don't care if her EIN has asocial attached to it or not.
They're not going to tax thatwoman.
They probably ask her what sheneeds done.
What do you need done?
Because she's the boss.

Speaker 7 (01:40:11):
On that subject.
I did all of that as well and Iput my direct deposit and stuff
like that from my job to mytrust account.
Can all that be basicallycharitable donation?

Speaker 2 (01:40:22):
Basically, yes, You're sending all your.
That's not your.
That's not your.
You didn't get paid nothing.
The trust did Right.
You said it, correct, youtalking that equity.

Speaker 5 (01:40:42):
No, you're absolutely correct.

Speaker 2 (01:40:43):
So that's how I maneuver.
Same with Patricia.
So, look, I just don't like toput too much private information
out here, but just know there'scertain accounts that I have
that I don't get paid at all.
It goes straight to thebusiness and then me and
Patricia we take payroll.
Basically, I take loans from mybusinesses because anytime they

(01:41:14):
give me money it can't be taxedbecause I'm taking a loan.
Now I don't really like takingloans from churches but the
church can say, hey, we're goingto give something to the record
Like this is a gift, becausegifts can't be taxed.
Let me show you all the law.
I just want to show you all thelaw.
I just don't want y'all, I needy'all to see it.
So in case you try to do thisand a motherfucker tell you and

(01:41:38):
you'd be like no, don Colom saidno, you got a lifetime gift tax
.
This is just for people, sojust the individual alone.
You can gift up to $13.61million and not pay taxes on it.
This is how the government getsyou Just want y'all to know

(01:41:59):
that.
But a gift can't be taxed.

Speaker 7 (01:42:03):
Real quick.
You said that.
If you said you don't likedoing donations or loans and
stuff, yeah, so I do like doingloans, so like.

Speaker 2 (01:42:12):
So we're missing a pastor entity.
Here is what I'm saying.
Court has his record label.
You've heard people sellingtheir souls to the record label,
right, so that's what you know.
We owe the record label, we'rein debt with the record label,
put it like that.
So if anybody tries to takeanything from me, the record

(01:42:32):
label is going to speak up first.
And if you have a holdingcompany, a holding company and a
record label is the same exactthing.
They manage and deal withintellectual property.
Think about it them are rapnames.
Those are intellectual property.
It's just a name.
They own and control a name andimage.
And then he can gift all therights to the church, like we

(01:42:59):
still want to do the business asusual, but the church actually
owns the rights.

Speaker 7 (01:43:05):
Because we give it to .

Speaker 2 (01:43:05):
God.

Speaker 3 (01:43:06):
So now the record label, really we're rapping for
God.

Speaker 2 (01:43:10):
I got Lil Wayne featured on my motherfucking
shit.
Nigga.
We still rapping for God.

Speaker 7 (01:43:15):
Is that something you would do?
In your meeting minutes, youidentify that type of stuff.

Speaker 2 (01:43:21):
Well, everything should be identified in meeting
minutes.
You identify that type of stuff.
Well, everything should beidentified in meeting minutes
that you weren't revealed, ifyou was to ever get out of it.
You heard what I said that youweren't revealed, because
sometimes business gets dirtyFor sure.
So anything you weren'trevealed I'm going to put it

(01:43:41):
like that Anything you wantrevealed, because I've seen a
lot of companies get caught upby revealing the wrong shit,
like if you got killers onpayroll, that shit should be
revealed.
I'm just saying.
I'm not saying, I'm just sayingyou know they're considered
soldiers.

Speaker 1 (01:44:02):
That's why a lot of these kids security this is
security expense securityexpense.
What are you talking about?

Speaker 2 (01:44:11):
they're soldiers for Christ.
You hear me?
You know that's what theSalvation Army calls them junior
soldiers.
Gotta protect the estate, yeah,you gotta protect the estate.
You have you got to protect theestate.
You have to.
Ain't no answers.
But about it, master, that'sthe War Department.
Oh man, y'all got any morequestions?

(01:44:35):
But I want y'all to know, man,if y'all reach out to me, I'll
help y'all get right.
I'm not doing the withholdingagent process, no more.
There's a lot going on behindthat.
Not dealing with that.
Um, the person I was doing withme and her kind of got into it
anyways.
So, but it's working and I justdon't want to be caught up in
that mess.

(01:44:55):
Cause then they're, they aregetting back millions and
millions of dollars.
One dude got back $38 million.
I don't know how he did it.
I'm not fucking with him.
I'm not fucking with him.
I'm staying distance from thatmotherfucker.
Come on, man Get the bag?
Hell, no.
Where'd you get these numbersfrom?
That's what I'm saying.

Speaker 7 (01:45:11):
Not all money good money.

Speaker 2 (01:45:17):
That's why I said man , make sure y'all off, it's a
whole different subject.
But go get the security, go seewhat's going on, get the audits
.
So y'all got real numbers.
Don't let nobody type in nofake numbers on y'all's shit.
That's my main thing and that'swhat was going on with the OID
process.
Ain't no way motherfucking manhad 38 million withheld from his

(01:45:41):
paychecks.
Ain't no way.
Yeah, that shit's going to getodd.
You laughing, actually, likeI've stayed away from it.
Hey, it was two dudes, they didthat shit together.

Speaker 3 (01:45:51):
I was like what the fuck dog I was like.

Speaker 2 (01:45:53):
That's not what I taught y'all this shit to do.
Yo, I'm getting out in thepublic.
Fuck this shit.
Send me a100,000.

Speaker 3 (01:46:04):
I'm going to have him send it to Pat.

Speaker 2 (01:46:05):
Pat, he ain't going to touch the money.
Send that shit to my trustee.
I'm going to have her drop itoff.
Yeah, the most I seen backbefore him was $9 million $10
million, but that motherfuckergot back $38 million.
Yeah, the most I seen backbefore him was 9 million 10
million, but, uh, thatmotherfucker got back 38 million

(01:46:25):
.
It was froze up for like 3months and that shit.
Finally they released it.
I don't know what the nigga had.
Now, he wasn't a lander, though.
Yeah, it's called thewithholding agent process.
If y'all need it, I'll put thelink in the school for everybody
.
If y'all want agent process, ify'all need it, I'll put the
link in the school for everybody.
That's on y'all own, though.

Speaker 7 (01:46:46):
How much to help me out if I want some help with the
4852 and stuff like that.

Speaker 2 (01:46:51):
I mean holler at me, man, that shit's cheap.
You didn't holler at Vic, vicain't doing it no more.

Speaker 7 (01:46:57):
I haven't talked to nobody about it.

Speaker 5 (01:46:59):
Okay, bro, I haven't talked to nobody about it.

Speaker 2 (01:47:03):
Okay, bro, she said he booked no.
No, I mean I'm really not, butstuff like that I can help you
with Cause.
You gonna get that shit back.
4852.
You gonna get it back, thatshit's easy.

Speaker 7 (01:47:11):
Yeah, I'll shoot you.
I'm gonna actually shoot yousome in the school right now.

Speaker 2 (01:47:14):
Yeah, yeah, just book a console, bro, we can do it.
Alright.
Yeah, I'll talk you through it.
We'll do that shit together,but is your name's a?

Speaker 7 (01:47:21):
business, though, right, my name is a business.
Yeah, all right.

Speaker 2 (01:47:24):
That's the only thing that matters.

Speaker 7 (01:47:26):
Yeah, my name is a business, but you're still
working right now.

Speaker 2 (01:47:29):
Yeah, bro, you need to get a W-14.

Speaker 7 (01:47:34):
I'm gonna book the console, bro.
I do what I do.
We can get to it, but I do wantto like because right now is
that season I want to go aheadand get that out the way.

Speaker 2 (01:47:44):
I can't remember the guy's name.
I'm going to ask him if he letme put the call out.
He said he's still waiting on acall from Bags though Equity
man.
I got a few people saying thathe owes them calls.

Speaker 5 (01:47:59):
Yeah, what's the name ?
Told me too.
He was covered at EastHollywood.

Speaker 2 (01:48:03):
Yeah, straight up.
I don't like that.
But I just want everybody toknow I apologize if y'all fuck
with Bags, but Bags is solidwith me.
He has never fucked me over.
All his connects he gave me islegit.
But even some of his connectswas like uh-uh, Don't, but um,
yeah, but yeah, I'll throw thatout there too.

Speaker 7 (01:48:24):
I'm going to book the console it's a thousand right
now.

Speaker 2 (01:48:28):
I'll get you together , man.
I got a question hold on.
So the guy he did the W14 andhe didn't have no problems from
his job and he's no longerpaying taxes on his paychecks
the W-14.
He didn't have no problems fromhis job, he's no longer paying
taxes on his paychecks.
I suggest everybody beentrepreneurs.

(01:48:51):
If Grandma Murray can get itand set it up, you can too.

Speaker 1 (01:48:58):
Don, if I become a trustee.
I see you had the two packages,the one for 10k and one for 55
honey what's up?

Speaker 2 (01:49:08):
go ahead, go ahead.
I'm going to tell you thenegative.

Speaker 1 (01:49:11):
Alright that means that I get to work with you and
your team, or you just getconnections so I need you to
hear me out on this.

Speaker 2 (01:49:21):
I'm still waiting on Pat, pat and my other worker to
help me type these motherfuckingtrusts up.
God damn it, equity.
Will you help me?
You get the trusts.

Speaker 5 (01:49:30):
I need like 10 trusts .
I need to type up For sure, Ihaven't had time to do them the
one I'm doing.

Speaker 2 (01:49:37):
what's up with the trust?
I have to print it out onspecial paper.
And then I ordered this binderwith their names the name of the
trust on it, literally.
They've been waiting sinceJanuary, february for the trust
and it's damn near April.
I need to get that.
They got the PDFs, that's allthey got.

Speaker 5 (01:49:58):
I'll be talking to you on Monday.

Speaker 2 (01:50:01):
I need to get that ASAP.
I almost cut everybody off onthe payroll like nigga, fuck
y'all.
I need these trusts done forreal, for real.
I'm backed up.
My girl just got out of prisonlast month.
I've been helping her out forthe whole month dude.

Speaker 5 (01:50:18):
That's a bad dude status too.

Speaker 2 (01:50:19):
Yeah, yeah but yeah, you get to work inside me, man,
and then like even equity, ifequity is ready to have me set
up a bank account, trust accountwith me.
Anything I run through thatbitch you get 10% and that's how
Patricia's been eating, shebeen eating it's way, I get

(01:50:39):
bands, bro, I get lots ofalright, that's what I wanted to
know been eating.

Speaker 1 (01:50:42):
She's been eating.
I get bands, bro.
I get lots of fucking bands,all right, that's what.
I wanted to know.

Speaker 2 (01:50:47):
Yes, sir, I'll be having a meeting.
I just put in that I'm about tohave a meeting, right?
Yeah, another trust meeting.
Yeah, I want to at least getthe trust typed up before the
meeting and that way I can startgetting them printed off.
And then we're going to go backto tribal IDs and license
plates as well with some of thetribes that I'm dealing with,

(01:51:08):
and then I want to do likesomething private, just between
my private members or trustees.
We have our own tribe together,gotcha.

Speaker 7 (01:51:17):
What's your I know, like you business.
Like you just said how busy youwere.
What's your um?
I know, like you business.
Like you just said how busy youwere.
Um, if I were to do the consult, would that be able to like be
done before?
Like you know, like tech seasonand stuff like that?

Speaker 2 (01:51:29):
once you book it, we'll get to just book it within
.
Don't book it before 48 hours,we'll be straight.
That's why I'm so busy.
I'm taking calls within 48hours and then we can go at it
and whatever the fuck you need.
But yeah, we'll get that shitdone.
Yes, sir, hey, what's going onDon.

(01:51:53):
Yeah, my bad Maurice, what'sgood man?

Speaker 6 (01:51:56):
Hey, what's going on?
I had a question man Like itwas off of something you were
saying earlier With the 1099 OIDand stuff couldn't you have did
.
Can you do that under theforeign estate trust?

Speaker 2 (01:52:09):
Yes, you can, I would do an INT.
I would do the INT over the OID.
The OID you should.
The OID you should be doing isfor zero coupon bonds.
Let me show you what these looklike.
That's all your bill is.

(01:52:31):
It's a zero coupon bond.
When you get a bill every month, a coupon bond, that's what
it's called and that's the onlything you can really file a 1099
OID on.
Let me see if chat GPT oh,there's the address for
everybody too, for the 4852 butI got you bro, what is a zero

(01:52:58):
coupon bond?
can you file a 1099?
A zero coupon bond Can you filea 1099?
I learned this from Series 6and Series 7 brokers right here.
I sat down and had a class withthem.

Speaker 7 (01:53:18):
Are you being all top class?
That's some crazy series.

Speaker 2 (01:53:20):
That's some other stuff right there nah, they, I
didn't, because we was all doingit wrong.
Yes, you can follow form 1099OID for a zero coupon bond.
Zero coupon bonds are issued ata discount to the face value.
That's all the fucking bill.
Is zero coupon bond?
It's a coupon and a bond.
A bond is evidence of a debt.
So they're giving you the bondsand you're giving them money

(01:53:42):
and giving them it right back.
A coupon and a bond A bond isevidence of a debt.
So they're giving you the bondsand you're giving them money
and giving them it right back,so now you owe them.

Speaker 6 (01:53:54):
The I-N-T is more of what we should use instead, and
how would you calculate that?
If you're thinking about like abank account, would you just
add up all your deposits.

Speaker 2 (01:54:05):
So you file it with them first.
That's why it's in the book.
You send them a letter, theyfile it.
You send them the blank formthey're supposed to file it, and
if they don't file it then youreport it to the IRS.
But you want to write the bankmanager, the bank manager, the
bank president, whoever's atthat branch.
That's who you write directlylike check this out yeah, I

(01:54:28):
gotta re-read that book yeah,read the book, but check this
out.
write me a letter requesting1099 INT form and information to

(01:54:49):
be filed for tax year from mybank.
Boom, there you go.
Hope this letter finds you well.
I'm writing to request theissuance of the form 1099-INT
for the tax year 2024, relatedto my account with your bank.

(01:55:09):
My account details are thefollows I would appreciate if
you could provide me with thenecessary information regarding
the interest earned on myaccount during the tax year.
Please send the completed form1099-INT to my address listed
above.
It's that simple.
Then you send it to the IRS.
They're going to fill it out.
Alright, thank you.

(01:55:36):
You're welcome.
I just know some of y'all justneed to hear it.
If your bank refuses to issue1099-INT, here are some steps
you can take.
It's as simple as that.
If it's anything over $10, theyhave to file this shit.
Then you file a complaint.
If it remains unresolved, youcan file a complaint with the

(01:55:57):
bank's regulatory authority Inthe United States.
You can reach out to the Officeof the Comptroller of the
Currency OCC, if it's a nationalbank, or the Federal Reserve if
it's a state chartered bankthat is a member of the Federal
Reserve System.
But you can write directly tothe IRS too and file a complaint
.
Criminal Investigation DivisionCID Division.

(01:56:20):
And just use ChatGPT to makethe complaint too.
Man, I ChatGPT my whole life.
Well, I've been getting moneyoff ChatGPT for about two and a
half years now.
That $10,000 chance I'm aboutto send court is ChatGPT?
No, I'm fucking with you.
Hey man.

(01:56:41):
Equity worked hard's chat GPT?
No, I'm fucking with you.
Hey, me and equity worked hardto get that motherfucker.
Actually, equity is the one whomade the play to get me that
motherfucking $10,000 trust.
Hey, ain't you equity?
I just keep it 100.

Speaker 3 (01:56:53):
I had one already, but it wasn't put together.

Speaker 2 (01:56:56):
I still ain't got it typed up.
But I actually got twodifferent trusts.
I just ain't got it typed up,but I actually got two different
trusts.
I just ain't got the other onetyped up yet.
But this one's hard.
I like it.
It's got the non-disclosureagreements in it.
You can pay your life insurancedirectly from it.
A lot of different shit, bro,it has a lot.
But Equity made the play happenin Atlanta.

(01:57:17):
So shout out to Equity man.
He said man, he got the trustyou need.
We're going to make it work.
So I made him a trustee too,board member, so for that.
And Equity's already there formaking the play happen.
So there ain't no hands thisbus about it.
The man's in there.
Y'all good.

(01:57:37):
Y'all got any more questions?
I'll put this in the school foreverybody.
Y'all good.
Y'all got any more questions?
I'll put this in the school foreverybody.
Y'all don't have to go to theclassroom when it's done.
I'll put it in the regularclass, regular school, so y'all
can watch this, because this wasvery valuable.
And then I got Granny Murray inthis.
Motherfucker, she don't looklike no grandma at all, skin
looking good and everythingBlack.

(01:58:01):
Don't crack, I tell you, remindme of my people.
She must be smoking them.
Herbs boy.
Y'all good, man, y'all good.
I'll give y'all two hours ofpower.
Man you the best, all right,man.

Speaker 6 (01:58:16):
Great stuff, man, great stuff, thank you, I'm glad
y'all following along.

Speaker 2 (01:58:22):
I understand it.
So make your name a businessfirst and foremost, with
anything, or this shit is reallyirrelevant.
You need to understand yourname is a business.
If Granny got this shit figuredout how she was talking to me
that's how y'all motherfuckersneed to be talking Straight up.
She got her ministry trusttogether, non-tax bearing, all

(01:58:43):
of that.
You heard her.
She sounds just like Jason backin the day when on his first
motherfucking interview backwith me back in the day on the
DreamCupers radio podcast.
That's what she reminded me ofas soon as she said it.
That's what I was thinking of.

Speaker 3 (01:58:55):
And I said it to everybody.

Speaker 2 (01:58:57):
Much peace and love.
Man, I do this for y'all.
When it's done processing, I'llbe in the school just holler at
me directly in the school.
If I'm not responding, Iprobably got you on the block
list, so just drop a commentlike hey, check your message,
check the chat.
Alright, much peace and love.
Alright, peace and love.

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