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20 June 2018 | 36 replies
and it could potentially cover a few random things (vehicle rentals if you travel abroad, sometimes boat rentals, etc).
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1 May 2023 | 2 replies
You need to position yourself to be the bridge or vehicle, that takes your ideal audience from their current situation (in pain) to the desired situation through your proposed solution... i.e. through the services you offer.
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20 November 2022 | 9 replies
Ignore those with fancy vehicles as they will charge you to pay for those vehicles!
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25 January 2020 | 16 replies
Lots of nail holes in the walls, bumps, nicks, scratches, broken cabinets, windows, railings etc...
5 May 2023 | 4 replies
Legally, you can move to a no income tax state like my wife & I did.Also, you can become self-employed then write off depreciation.Accelerated depreciation is the secret to paying less income taxes:on equipment such as a heavy vehicle or real estate purchase,so long as anything was purchased for business!
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5 May 2023 | 9 replies
Its a long, tedious process that only pays off for casaulty losses that could be an entire roof, foundation, fire, vehicle crashes into structure, etc.
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14 July 2020 | 26 replies
The loan rate that is considered safe out of cash value life insurance policy is closer to 8% per year as your cash value continue to grow on its full value.It is true that the fee of a whole life or IUL life insurance policy are front loaded and it make no sense to use these vehicles if you expect to surrender the policy within 5 years.
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7 May 2023 | 22 replies
That will be the time to dump extra incoming cash into real estate.Both stocks and real estate are investment vehicles for me to dump extra incoming cash.
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20 October 2008 | 4 replies
Your contractors should carry their own general liability AND vehicle insurance.
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5 May 2023 | 3 replies
., so you know where your marketing dollars are going.Utilities: If you pay for some utilities, break them down into subcategories like Water, Electricity, Gas, etc.Professional Services: Divide this into Legal, Accounting, Property Management, and so on.Travel & Vehicle Expenses: If you travel to your properties or use your vehicle for business purposes, create a category for these expenses.I found this article on BiggerPockets that has some more detailed suggestions on organizing your real estate accounting: https://www.biggerpockets.com/blog/rental-property-accounting-101Remember, it's essential to consult with your accountant or tax professional to ensure you're setting up your accounts correctly for your specific situation.Do you have any specific areas of your business you'd like to track more closely, or are you looking for more general suggestions?