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Is there anything you would change about this book?
It is hard to write a book about tax strategies and I give Mr. Kohler credit with the creativity of telling a story. The reviews on Amazon were much more positive so it may be a book that needs to be read. The sound quality was not up to usual standards although the author gave it his best, there should have been some editing. I found the story moved too slow with a payoff that was less then I hoped for.
What was the most interesting aspect of this story? The least interesting?
I liked that the PDF for Appendix B was available and that will be a good visual resource.
I believe the recommendations to start a business andor do rental Real Estate is solid but takes a great deal of work.
The major opinion on the self directed IRA as something "the Wall Street Machine" does not want you to know about is very questionable advice. Financial planners and investment people make less but CPAs and custodians make a lot more. I am not saying it can not work; but after researching it for my clients, there are many fees, traps, and hassles...be careful! It sounds great in theory to start a business or buy property inside a qualified account but you still have to follow through on making money. The great part of investing is you put up the capital and others do the work!
4 of 4 people found this review helpful
Would you recommend this book to a friend? Why or why not?
It is a very well written story, however he refers to what his previous CPA didn't tell him, and going over business plans for having a small business. He doesn't get into actual details that don't revolve around him, but often just states you need to ask your CPA.
Has What Your CPA Isn't Telling You turned you off from other books in this genre?
Not really, it did have a few good ideas, that he had followed and was given. I would have preferred his CPA to write the book.
Would you be willing to try another one of Mark J. Kohler’s performances?
Possibly, he reads well
Did What Your CPA Isn't Telling You inspire you to do anything?
Just contact a CPA.
3 of 3 people found this review helpful