
24 July 2024 | 7 replies
If you need financial help, ask under the "Finance, Tax, and Legal" forum.
25 July 2024 | 1 reply
As you know, Winter is definitely your money maker, with summer being a not so close second.

20 July 2024 | 2 replies
I had my tax guy open an LLC for me this spring, but don't know much about maintaining it.

25 July 2024 | 2 replies
For my first property, is it A: better to pay cash and see how it cash flows or always use loans and save money for down payment and other investments?

23 July 2024 | 2 replies
Cost segregation is a popular tax deferral strategy and there is often confusion as to the difference between bonus depreciation and reclassification.Bonus DepreciationBonus depreciation is a tax incentive that allows a business to immediately deduct a large percentage of the purchase price of eligible assets, such as washers and dryers, rather than write them off over the "useful life" of that asset.

23 July 2024 | 2 replies
Same goes for number of LLCs and what to fund them with, since bear in mind that CA tends to be more cumbersome and expensive to have LLCs than other states.California is generally more cumbersome than other states when it comes to taxes and filings.
22 July 2024 | 10 replies
You would still get the tax write offs, the depreciation, and the market appreciation.

24 July 2024 | 2 replies
If you need financial help, ask under the "Finance, Tax, and Legal" forum.
23 July 2024 | 42 replies
My 21 year old son literally has worked 2 months at w2 in his life making very little money (at pet boarding place) but has over $200k from entrepreneur and side hustles that he has creatively recognized.

25 July 2024 | 0 replies
I saved money on the labor cost by doing the work myself.