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Trump Wins! Now Back To Work!
Trump Wins The Election In A Landslide, How School Districts Are Foreclosing On Houses, A Historical Pattern Is Emerging In The Housing Market, Warren Buffett Liquidating Stock, Bitcoin Is At An All Time High, And more...
Economic Ninja
November 06, 2024
The Daily Ninja 11/6/24
🏠 School districts are foreclosing on homes due to unpaid school taxes, potentially causing homeowners to lose their properties over a portion of their property tax bill.
💰 Tax liens and deeds offer investors the opportunity to acquire properties for pennies on the dollar, often with priority over banks.
🚨 A property tax revolt is predicted to occur in Montana within the next 3-4 months, with the sheriff warning of liens on properties for unpaid taxes.
📊 The video presenter suggests that tax liens and deeds are incredibly powerful investment opportunities that many people don't fully understand.
🏛️ Counties are aggressively pursuing unpaid property taxes, emphasizing the critical importance of timely tax payments to avoid severe consequences.
🏠 The housing market is mirroring 2007, with prices skyrocketing in a parabolic curve before plummeting, as foreclosures explode nationwide and property prices drop 25-33% in just 6 months.
🏦 The CEO of America's largest bank declared "World War II has begun" and warned that the current economic cycle is bigger than the 2008 crisis.
🦠 A historical pattern is emerging, with the 1918 Spanish Flu leading to the 1920 Great Depression, and the current downturn being caused by the 2023 banking crisis.
🏘️ In 2024, new home purchases will make up 15% of the market, mirroring 2007 conditions, while existing home purchases decline to 85%.
🤐 The government is allegedly concealing facts about the current economic downturn, with foreclosures exploding in Texas and HUD one foreclosures increasing dramatically.
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🚨 Warren Buffett is liquidating Berkshire stock and holding a 94% cash position, larger than his equities and metals combined, in preparation for an impending economic crash.
💼 BlackRock is preparing a real estate downturn fund while facing potential liquidation events as investors withdraw funds during recessions, potentially causing them to default on properties.
🏦 The interbank lending rate spiked to 12% in 2019, similar to the 2008 crisis, following the Fed's rate hikes in 2018.
🍎 Buffett's 25%+ equity portfolio reduction in 2019, including selling 2/3 of his Apple stake, signals his attempt to sell slowly to avoid triggering a market collapse.
🏠 Foreclosures are exploding despite lack of media coverage, with the Ninja planning to release undercover footage of the process in the coming weeks.
🚨 Starting 11 LLCs without legitimate businesses can become a tax nightmare, requiring separate tax returns for each entity and potentially raising red flags with the IRS.
💼 Sole proprietorships face 25-33% higher audit risk compared to LLCs and Corporations, making entity formation a potential strategy to reduce IRS scrutiny.
💰 Businesses earning $80,000-$120,000 annually should consider transitioning to S corporation status for potential tax benefits, though professional advice is crucial.
📅 Forming an LLC or Corporation in December can result in unexpected January 1st IRS fees for the upcoming year due to the "short year" classification.
🏦 LLCs and Corporations require an EIN to open legitimate business bank accounts, which is essential for maintaining entity protection and proper tax reporting.
Get the new Tax Lien Pro Bundle On Pre-Filming Sale Here: https://taxlienninja.com/bundle
🎥 Over-50s are challenged to post 10 videos in 10 days sharing their life story, potentially exposing themselves to mean comments and career risks.
💰 The Economic Ninja guarantees 99% success rate for those who complete the challenge, despite potential backlash.
🌑 A warning of 4 dark years ahead for many people, urging viewers to prepare by sharing experiences.
📱 Encouraging people to create content with just a cell phone, claiming it can change the world and bring financial returns.
🗣️ Advocating for speaking out and giving freely of oneself as a means to achieve wealth and success, despite potential risks.
Go out and crush it!
The Ninja is OUT!
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