Recent content by Izuldan_foh

Trust me, I understand all that, that"s why something like the airline industry sucks, because they have such variability in fuel costs, and their margins are extremely thin, like 1-2%. Things turn on a dime for them very quickly. Same with big box stores like Best Buy, or the big 3 auto...

I don"t know the breakdown, but I do know I get far better ROI on my paid clicks than my organic listing. I pay a company $4000 a month to handle all my SEO stuff, including organic listing, Facebook, Twitter, web integration, etc. I don"t know much about the organic listing stuff, but they...

Blazin - are you a contractor by yourself, or do you have your own company/firm? I was trying to see ways you might save yourself on taxes. Of course, as already mentioned, paying everything off is noble but doesn"t make the most sense tax-wise. Corndog - Good luck with everything. I can"t...

Corndog, being scared is normal, I would question you if you weren"t at all =) Honestly, if you aren"t scared, that means you haven"t done your due diligence, I think once you realize how much things cost, it can be very daunting. It"s the people that go into business without a though into how...

Corndog - what type of business are you planning on opening? and Blazin, what type of business are you in? Brutal, I know jack shit about the cattle business, but is it true that almost all the beef we eat comes from like 2 or 3 companies, like Cargill? So it makes it hard for smaller...

Oh and Brutal, what Lyrical said is spot on as far as having a company taking losses. It"s part of the "synergy" I was talking about, and his gives examples. As a mental exercise, say your company has net revenues of $100,000 you would pay taxes on. Now say you opened a second company, called...

Yes, I know. OneonOne quoted theEXACT same thing, and I answered him and I clarified what I meant, but then you go and quote the same thing again? It"s like you didn"t even bother reading my response to him. Sorry to sound frustrated, but it"s feels like beating my head against the wall where I...

I honestly don"t know why you and OneonOne keep getting the idea that I advocate buying stuff just to lower your tax burden. I"ve never said or supported that. If anything, I keep saying do so only if it makes sense to expand your business. Maybe I should do it in all caps: TRY TO LOWER YOUR...

Thanks for the answers, and I feel most business people behave as you do, as in they only expand their business when they feel it"s right, and they don"t really pay much attention to their tax or interest rates. I know I"m probably more of an outlier as far as being so anal about reducing my tax...

I see now, I guess my wording is poor and I"m not getting my point across. What you have to understand is I would spend money on my business in any case. I would spend "Y" dollars for example if I didn"t know where I stood with my revenue, etc. So my CPA calculates it every quarter, and...

I"m not sure where you got from my post that I said to spend money just for the sake of lowering your tax bill. Maybe I should clarify. I am saying spend money wherever reasonably possible to invest in your business. Like I said, my CPA says I should spend "X" dollars on my business, I find...

You are correct, it"s not always better. But it"s also not always better to be debt free. In your previous post, you mentioned clients buying things they didn"t need. Well, of course then that"s a waste of money. However, given a choice of paying Uncle Sam more of your money for taxes, so it...

What Cad said. I"m not sure why you are in a rush to pay off your debt. That will only increase your overall tax liability. Again, I"m not sure your your specifics Lyrical, so maybe talk to you accountant about it. I know mine personally always wants me to carry debt. As an example, the cars...

My advice is to find a real estate agent you can trust. I used to check MLS listings and have agents email me foreclosures to peruse over, but I don"t have time for that. Basically if you can find an agent you like to work with, just tell him/her what you are looking for (home to turn into a...

A few helpful hints. First, see what bank or institution holds the title to the home, and see what their history is as far as selling foreclosures. Usually the smaller banks have more leeway. Second, see what foreclosuresonlyare going for in your area, because that is what the bank/title...