How Ben Mallah Made $500M TAX-FREE!
How Ben Mallah Made $500 Million Dollars TAX FREE! @BenMallah
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Graham did this guy dirty by leaving in that cough at the end post-edit. And i am here for it 😂
That’s what shows that he actually knows what he’s talking about
Ben is always coughing it’s cuz he’s a big smoker n I’m Shure his weight plays part aswell
I also came to comment on the cough
The cough says it all
He buys at 20 but ask a loan for 30, and owes 60 with interests.
Use the extra 10 to buy another property and ask for another loan. Probably at 20, with a 40 debt with interest.
Sounds like he is just exponentially in debt.
He began with 20 in cash and now has 0 cash and 100 in debt. Makes no sense.
When he buys the property, he still runs the property and it still cashflows with rents etc. The rents are enough to pay the 30 million loan. So he has 10 million liquid while the loan is being serviced by the property rent or operation. Being a landlord can be a lot of work so it is not as easy as it looks.
But this is also why he probably never pays taxes. He keeps rolling properties through 1031 and he takes the value out in the form of a loan rather than selling the business. He probably has a crap ton of debt and hopes that his properties can keep paying it down.
When you have debt that is costing you less than what you’re making on it than it totally does make sense.
Uh you have NO idea how interests on loans work LMAO. You do not get a property loan at 100% interest in the payoff period unless you’re stupid.
It does make sense. However it’s WAY more risky than these people make it seem, if you ever don’t have cash flow or even if there’s an economic downturn, there’s a chance you get wiped out completely.
@@caesar485yeah it sounds super risky like it feels like a huge gamble just to get the money ahead of time and avoid taxes
Focus on your health… That’s a priority people. Trust me.
Facts
Health is wealth bro
@@ByJamEmpire sounds like you woke up crying this morning I
And then I enjoy a cigar to celebrate 😅
This is basically the BRRRR real estate investment method while using 1031 exchanges as a way to capitalize on gains without having to pay taxes. It works, but has to be managed well as you can become reliant on rental/operational income to keep the operation going.
Is that not the point i dont think i understand
No, he is taking a bunch of money out to live high on. He’s going to go bankrupt.
That’s exactly what I was thinking so you don’t pay taxes up front, however you have expenses for running the rental property but if it’s done correctly can be good but you’ll run into losses that will prob equal the original tax amount just over time
Wealthy laugh❌
Wealthy cough✅
Ben is the man
Was calling BS until I heard that cough
Same
😂😂😂😂 the cough made it real
nah this guy the real deal. His portfolio is outrageous
The cough made it all true and boss level 😂
That’s why y’all estate is easy. Banks never ever look at your other debts, and you can always refinance because the interest rates always go lower
Ya it’s all fun and games until the real estate market takes a hit and then your done
thats literally the best thing that can happen to them? they buy more property at a discount, it always goes back to normal or above before.
“Defer the gains” it was never tax free.
Sorry but I don’t wanna have millions in debt and have to pray every day that my properties are still cash flowing and that there isn’t a downturn in the market when I wake up the next day
Margin loans and heloc have interest rates too…
The message was clear look after your health. Make money but dont forget yourself. Being a drug dealers very lucrative could be bad for your health
Interest on the loan has entered the chat
and what is higher, interest or tax
COPD has entered the chat
In other words, he’s leveraged to the tits. It’s all going to come crashing down really bad if the commercial real estate market goes bust and he gets a call to pay up on those loans.
Being a carpenter, I hate doing houses that are 1031 sales, we pretty much have to build the house as fast as possible