Search results
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Let’s talk about cyber bullying
OFF-TOPICI see this often with sexism too, and try to put an end to it where I can. Yes, this is an "anonymous" forum, but we should still act like everyone can see who we are. If this is how people act in their "real" lives, then I feel sorry for those around them.- CareCPA
- Post #4
- Forum: Off-Topic Threads
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When to incorporate?
On the tax side, there are some cost savings to be had at that income level if you elect to be taxed as an S Corporation. There are opportunities to avoid the 15.3% self-employment tax on part of that earnings, depending on what is considered a "reasonable salary" for your industry.- CareCPA
- Post #3
- Forum: General Business Discussion
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[Progress] - Getting Angel Investment
EXECUTIONI can see this as well. @amp0193's business has a very local, visible impact, so local angels will be more likely to invest. @Scot, yours doesn't have the same local impact, so my crystal ball is broken as to how your funding round will play out. If it were 3 years down the road with proven...- CareCPA
- Post #7
- Forum: Process and Execution
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How good is bookkeeping as a side hustle?
SIDE HUSTLE;)- CareCPA
- Post #9
- Forum: Side Hustles, Freelancing, Web Design
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How good is bookkeeping as a side hustle?
SIDE HUSTLEThanks for tagging me in @Scot Since this guy has asked about several unrelated businesses in the past couple days, and @Lex DeVille already hit the nail on the head, I'll try to keep this short. You aren't making $60 an hour as a side hustle for bookkeeping. Every once in a while you'll find...- CareCPA
- Post #7
- Forum: Side Hustles, Freelancing, Web Design
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Can I live off of interest on $100 Million for life?
HOT! MINDSETThis is what he's saying, but that's not how you factor in inflation. Just poor methodology all around.- CareCPA
- Post #22
- Forum: Mindset and Self-Development
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Can I live off of interest on $100 Million for life?
HOT! MINDSETGood point. Guess I won't get off my couch today then. Not even worth it for only $90 million.- CareCPA
- Post #10
- Forum: Mindset and Self-Development
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Can I live off of interest on $100 Million for life?
HOT! MINDSETWhy do you think you would get a deduction for inflation? Do you now? If not, why would you *when* you're rich?- CareCPA
- Post #8
- Forum: Mindset and Self-Development
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STEP BY STEP: how I found 5 unpaid VA's to work with my startup.
Learn something new every day...- CareCPA
- Post #7
- Forum: General Business Discussion
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Looking for House Hacking Advice
HOT! REAL ESTATEWhat do you mean by "duplexes are too expensive"? Is this on a per-door basis or a total cost basis? IF SFHs are $150k, and a duplex is $280k, but you can rent out the units for the same amount, then I would buy the duplex all day long. You can get more units at a lower per-door cost, while...- CareCPA
- Post #4
- Forum: Real Estate Investment Forum
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All guys over 25 must read . . .
HEALTHThat's because women decided they were going to do something about dying from a treatable disease. Men can do the same thing. If prostate cancer is your passion project, organize fundraisers and send the money to researchers. Reach out to corporate partners and offer them PR. I hate to go to...- CareCPA
- Post #21
- Forum: Health and Fitness
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$1B+ Powerball Jackpot - Did You Buy Your Ticket?
FUNNYBeing the debbie downer I am... Even if they withhold $217 million in federal tax, you would still owe the remainder at tax time. So another 13% of $904 million is ~$117.5 million (top tier income bracket is 37% for 2018). That's a big check to write. Don't forget, they essentially made state...- CareCPA
- Post #109
- Forum: Off-Topic Threads
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Amazon Q4 - What to Expect? (Inventory Planning)
It depends heavily on your products. If you're selling consumer staples, probably minimal. If you're selling Holiday-themed decor, probably a very large bump. Without more detail on product type, it's going to be difficult to say.- CareCPA
- Post #2
- Forum: General Business Discussion
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2019 Fastlane Summit - Announcement
MEETUPSThanks, I appreciate the sentiment. Hindsight being 20/20, and all that...- CareCPA
- Post #36
- Forum: Networking and Meet-Ups
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2019 Fastlane Summit - Announcement
MEETUPSThis is frustrating to read. I was looking forward to the chance to go this year. We couldn't swing it last year, but decided we were going to do everything we could to get there this year. I can't speak for others, but I'll give my thought process on speaking: I was going to throw my name in...- CareCPA
- Post #5
- Forum: Networking and Meet-Ups
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Online Business Valuation Calculator - Feedback Please!
Awesome. I think the idea is great. I haven't been to too many broker sites for ecommerce (just the ones I've dealt with). However, I have dealt with real estate, where you input all the information, and it either says "give us a call" or "we'll have someone call you." When I'm looking at a...- CareCPA
- Post #11
- Forum: Ideas, Concept Feedback
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Online Business Valuation Calculator - Feedback Please!
This is an interesting idea. Kind of like the "we buy houses for cash" signs you see everywhere (or yellow letter campaigns) for real estate. Let them know that you could market their site and they could get 2x annual, or you would buy it for 1.5x annual (just an example). @JM35 can you...- CareCPA
- Post #8
- Forum: Ideas, Concept Feedback
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An advertisement I found interesting
MARKETINGSeems unnecessary. This forum is already seen as pretty "bro-culture" given the gender makeup of the group.- CareCPA
- Post #24
- Forum: Marketing Strategy
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How to value a website for sale?
INTROAll e-commerce and AdSense sites I've seen through brokerages are 1-3x, like @MJ DeMarco said. You won't get on a brokerage site because your numbers are too small. Your looking at Flippa, etc where you can list it yourself. You can always list it high and see what you get. Without recent...- CareCPA
- Post #5
- Forum: Introductions
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You’re not selling wholesale?
NOTABLE!Usually it's minimum advertised price. Keeps your retailers from undercutting each other, and maintains your brand's image.- CareCPA
- Post #118
- Forum: Business Models, Niches, Industries
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