[…] This is your last chance. If you’re planning to sign up for a job search service, take some job-related classes or buy a computer for your W2 job – do it now. You can also pre-pay union and professional dues, investment-related services and subscriptions, and investment advice. “Job” means […]
[…] Pre-pay 2017 property taxes on your personal residence. This is not an absolute rule, but it should be a wise move for most people, not just investors. Because of the new law, you may lose the tax benefit of property taxes on your homestead. So make sure the bill is paid in 2017 […]
[…] I’m not too alarmed. First, this change (IF implemented) will only affect companies that are designated as “a trade or business.” This term has been often used in the current tax law – but never defined! It led to numerous lawsuits against the IRS, with inconsistent results. Basically, it’s grey area […]
[…] It gets more unsettling when we insert couple kids in the picture. Personal exemptions of $4k per person are rolled into the standard deduction under the Trump plan. It means no taxable income reduction for kids, in stark contrast with the current system which affords a $8k write-off for 2 kids […]
[…] Just like with dancing and swimming (I happen to suck at both), you cannot learn it from a book. You need to practice. Toastmasters allow you to do it efficiently, cheaply, and safely. Where else can you completely screw it up and not fear people making fun of you forever after? […]
New investor? You are CRAZY to spend this Saturday morning on anything else! This Saturday morning, I am teaching the most useful class I have ever taught. It can literally save your business. As I say in this short video – 49 out of 50 new investors LOSE money! Look at these private messages from …
How to (NOT) lose money in REI – Saturday Dec 10 Read More »
[…] here is why. We recently mailed a package to one of our local but mobility-limited clients. 2-day Priority Mail. Houston to Houston. Six days later, this is what the USPS tracking system told us […]
[…] Problem: I started getting endorsed for seemingly random things, like “team building” or “Microsoft Office”, and it took me some time to figure out how to address the issue. So here is what I learned by trial and error. […]
[…] costly mistakes based on irresponsible advice from consumer publications, because, as a rule, the advice is incomplete and cannot be applied without analyzing the reader’s particular financial situation […]
[…] situations when basic understanding of taxes is not enough. If any of the following applies to you, I’d recommend that you consult a tax professional: Business or self-employment income […]
