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19 July 2019 | 88 replies
I see quite a few propellants fueling it: oil dollar position is being challenged, a few countries ( Russia, China, Iran ) have started to settling trade in local currency.
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6 July 2019 | 14 replies
general trading principleswhat will the business actually be doingWho puts what in?
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10 January 2022 | 89 replies
One thing we never want to do is trade the market.
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28 June 2019 | 10 replies
But I also can’t just trade my time for money constantly.
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30 June 2019 | 54 replies
This is true even under the TCJA, with the reduced C Corp tax rate and assuming the business is a "Specified Service Trade or Business" the owner is phased out of the 20% QBID (i.e. the worst case scenario for an S Corp under the TCJA).I find C Corps only make sense in very limited fact and goal patterns (e.g. foreign ownership, when a company is anticipating going public, and/or when owners want heavy fringe benefits).Don't forget you get taxed when you extract capital from a C Corp -- either via salary or dividends.
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29 June 2019 | 2 replies
@Brian Watkins Be careful when choosing to use a Quit Claim Deed:A person receiving a purported real estate interest via a quitclaim deed may receive no legal right to the property whatsoever.
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30 June 2019 | 2 replies
It isn't a dollar for dollar trade between your cost and your tax savings.
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1 July 2019 | 13 replies
@Michael BlackwoodThere is no difference in taxation between an IRA and Solo 401(K) on trade or business income generated from a short term rental.
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3 July 2019 | 6 replies
Just make sure you pull permits for any work, make sure every trade has liability insurance, AND that they either have workers compensation OR sign a release of liability for worker compensation.
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3 July 2019 | 8 replies
The reason prices are so high is that these trades people are so busy.