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10 February 2025 | 11 replies
I made a similiar mistake in business, paying $1.1M upfront for promises and had no way to cut losses when those promises were not delivered on.
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7 February 2025 | 22 replies
You cannot maintain a business with negative cashflow.
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20 January 2025 | 8 replies
Here are some top amenities that have proven to offer excellent ROI:High-Speed Wi-Fi: This is essential for both leisure and business travelers, especially in today’s remote work culture.
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19 January 2025 | 42 replies
Here is what the IRS says on the subject: Election for Husband and Wife Unincorporated Businesses A business owned and operated by the spouses through a limited liability company does not qualify for the election Only businesses that are owned and operated by spouses as co-owners (and not in the name of a state law entity) qualify for the election.
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21 January 2025 | 40 replies
I signed up for Baselane today after switching from Mercury for my business account (LLC).
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22 January 2025 | 21 replies
Also be aware of Unrelated Business Income Tax (or UBIT) on leveraged real estate inside of an IRA.Or better yet, since you are self-employed - go with a truly self-directed Solo 401k plan, which would be a much better option and will help you avoid the UBIT on this investment.
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11 February 2025 | 167 replies
At one time I had over 2000btc, sold a great deal when while was under $100/btc to start my rental business.
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27 January 2025 | 56 replies
If I'm staying one night somewhere, a quick business trip or something into Denver to show clients homes, a hotel is my choice.
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21 January 2025 | 3 replies
I'm a retired engineer and have been successfully using income from these houses to support my retirement without dipping into retirement savings.I'm transitioning my business from rentals to a franchise and would consider selling one of my houses (5 br/4 ba - the other houses my son while he's still attending).
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30 January 2025 | 8 replies
Working this backwards, what I see is a 3rd party trying to benefit from another’s house via rental cashflow, My only business is 30+ years as probate estate and trust lending in CA.