I'm studying for my CFP and this has been a difficult topic to conceptualize, I am so grateful that you made this bc it's completely clear how this works now. I wish I had one of these for all the difficult concepts!
Spent 3 days trying to understand from different textbooks even tried ChatGpt which was wrong by the way. You explained the concept is such a simple way. Thanks!! Preparing for EA part 2. I would pay to subscribe if you had more videos on other topics not just for the exam.
Thank you so much. I was really confused on this topic and you explained it perfectly. I have a much better understanding now and you made the video very funny. You made my night after slaving over this textbook for hours
What am I missing - if 1231 losses are ordinary, why are you netting the loss on the throne against the 1231 gains, which are capital? I don't understand why you wouldn't offset all ordinary gains and losses, be them ordinary losses, ordinary 1231 losses, or ordinary 1245 gains??? Absolutely great video until this, thanks.
I thought that at first but you first have to net out the 1231 gains and losses. and if you have a NET 1231 loss then THAT is ordinary. Hopefully not limited by a 3k loss limitation but I think that applies to Capital assets that are not 1231.
I'm studying for my CFP and this has been a difficult topic to conceptualize, I am so grateful that you made this bc it's completely clear how this works now. I wish I had one of these for all the difficult concepts!
I’m studying for the EA exam and this was very helpful. Thank you!
Thank you so much for this video; this makes it so much easier to understand than the textbook I was working with!
This was exactly what I needed thank you
Spent 3 days trying to understand from different textbooks even tried ChatGpt which was wrong by the way. You explained the concept is such a simple way. Thanks!! Preparing for EA part 2. I would pay to subscribe if you had more videos on other topics not just for the exam.
was confused after using becker, thanks for the clarification!
I just wasted hours on a CPA program to learn this and you made sense in under 10 mins… THANK YOU
This video is Wonderful!!! Should be seen by more people! Great job Castles man.!
Surprised there isn’t more likes or views. This is the best video I found on this topic. Well done.
This is great! Thanks so much
So clearly explained and the music was soothing! Thanks for the great video!
Wow thank you so much for creating this!! This should have the most views for 1231 help
Phenomenal video.. very well done. Thanks you
Thank you so much. I was really confused on this topic and you explained it perfectly. I have a much better understanding now and you made the video very funny. You made my night after slaving over this textbook for hours
I Love how you made it Fun and Simple 😄, Thank You
wow! this was really good!
Land is not depreciable, why should it be a 1250 property?
honestly you are woke as fck. respect
What am I missing - if 1231 losses are ordinary, why are you netting the loss on the throne against the 1231 gains, which are capital? I don't understand why you wouldn't offset all ordinary gains and losses, be them ordinary losses, ordinary 1231 losses, or ordinary 1245 gains??? Absolutely great video until this, thanks.
I thought that at first but you first have to net out the 1231 gains and losses. and if you have a NET 1231 loss then THAT is ordinary. Hopefully not limited by a 3k loss limitation but I think that applies to Capital assets that are not 1231.
you are gifted. I'd pay to subsribe for more. 💪🏽🙏🏽