What's new

Search results

  1. hakrjak

    im doing it.............Obama

    I agree with this... I feel like I should have no problem keeping my wife & my income below $250k. We'll have no problem keeping our corporate employees below 20 per corp... As long as they continue to allow me to write off Real Estate depreciation, and charitable donations from my S-Corps &...
  2. hakrjak

    Are you living your PASSION.....are ya?

    "In high school when the guidance counselor asked what you would do if you had a million dollars and didn't have to work.... I never had an answer." - Peter from "Office Space"
  3. hakrjak

    How do you all keep your books?

    I think my biggest problem is just saving some of the little receipts. Honestly if I pay $800 for tires, I will save that receipt, but if I pay $5 for McDonalds, that receipt will usually end up on the floorboards of my truck and out the door before I know it. - Hakrjak
  4. hakrjak

    How do you all keep your books?

    Interesting.... I guess we'll have to start hanging onto every single receipt -- this is going to require an even bigger shoebox, and a lot of discipline! haha - Hakrjak
  5. hakrjak

    How do you all keep your books?

    Is this really true? Can anybody confirm or deny this statement with certainty? I say this, because I've been keeping only credit card statements for something like 10+ yrs now for 75% of my transactions, and no CPA or Bookkeeper that has done my taxes has ever mentioned this before. I've...
  6. hakrjak

    How do you all keep your books?

    Well as I said above, I'm definitely not the best book keeper ;) I used to keep everything in Quicken, until I lost my hard drive twice in one year and just decided to say "screw it"... So my new plan for the past 5 yrs has been to just toss receipts into a box for each corp, and 1 for...
  7. hakrjak

    Owning vs Renting (not real estate)

    HOT! 
    I'm currently feeling this, because I'm considering buying a camping popup trailer to use for our family camping trips. We want to be able to take the thing camping whenever we want, anywhere we want. The camper I want is about $15,000, but I've found a guy who rents them locally for $69...
  8. hakrjak

    BIG NEWS: BofA reducing principal up to 30%

    REAL ESTATE 
    I know so many people who have walked away from their homes in California at this point, I'd say the damage is pretty much done. Way to be late to the party BofA! You are truly a bank run by a bunch of idiots! Check this true story from an employee fired by BofA: YouTube - Why Bank Of...
  9. hakrjak

    How do you all keep your books?

    Yeh he's only charging me about $100 per tax return (So 1 S-Corp 1 LLC and 1 personal = $300 + $25 for filing or something)... But he's not doing much for the money, just taking the #'s I give him, and plugging them in. Shop around! I've seen tax people's rates vary by well over $1000 in...
  10. hakrjak

    How do you all keep your books?

    My cost dropped from $700/yr to $325/yr -- It's not really worth it, but I've been unable to find anyone else in town who really offers a "full service" for a reasonable price -- where they'll take my entire cardboard box and go through it for me at the end of each year. I found 2 firms who...
  11. hakrjak

    How do you all keep your books?

    Hey Guys, I switched to a new accountant this year, and while he is about 50% the price of my last accountant, he doesn't keep my books for me. He asks that I add up everything, and bring it to him at the end of each year. Considering I'm used to dropping a huge cardboard box on my...
  12. hakrjak

    Live a great life on less than $200K/yr?

    OFF-TOPIC 
    I like where your head is at on this. I own a property in a mountain resort town here that I check up on when I can, as well -- same principal. I don't think you have to get too creative to get your income under $200k in this excercise... It seems pretty simple to me, #1: Incorporate #2...
  13. hakrjak

    Live a great life on less than $200K/yr?

    OFF-TOPIC 
    You're onto something here buddy. An S-Corporation can host it's "Annual Meeting" anywhere it chooses to. Mine is almost always in Las Vegas, or on a cruise ship in the Carribean ;) - Hakrjak
  14. hakrjak

    Live a great life on less than $200K/yr?

    OFF-TOPIC 
    Charitable donations come to mind.... Each year I donate a % of my excess inventory to charity from one of my S-Corporations. This % allows a rather large loss to flow through to my personal tax return, and generally offset any big gains I might have. I think my accountant explained it as --...
  15. hakrjak

    Profiting from the coming healthcare changes?

    There are already many docs & mental health specialists who only take "private pay" clients, because it's the best money, and they don't have to deal with the billing nightmare that is Medicare & Private insurance. The problem they have though, is finding those clients. You're probably...
  16. hakrjak

    Profiting from the coming healthcare changes?

    My idea was to short the entire market, thinking we'd be down by at least 500 by noon today, but it's actually up 50 pts right now.... WTF!?! Totally defies all logic... I don't think you can reliably predict the fallout... i.e. today healthcare companies are UP... (Why??? Prices they can...
  17. hakrjak

    Bounce's story - Part 1

    HOT! EXECUTION 
    SPEED +++ Great story. Great to hear from you again after so long! Too many people from the old days dissapear and are never heard from again! - Hakrjak
  18. hakrjak

    So I'm sitting in this restaurant . . .

    OFF-TOPIC 
    I'm still thinking I ran into you in the Vegas airport bar one time, but you've never confirmed it or denied it. Some guy who looked a lot like you (From photos, we've never met) -- Gave me a business card to come stay at his B&B in Napa sometime after a chat with me & my wife about wine and...
  19. hakrjak

    Facebook IPO

    INVESTING 
    These types of games already existed once -- For anybody who was around before the Internet :smx19: and who used to hang around in the "BBS" world... They had games like Empire and Nuke 'Em, where you could play a certain # of turns per day, and try to amass the most wealth, etc... Thought...
  20. hakrjak

    Facebook IPO

    INVESTING 
    Wow, I can not believe that a product like Farmville could rake in $250MIL .... That makes me want to puke -- What kind of IDIOT would pay for virtual seeds to grow on his virtual farm? <banging head against the wall....> :smx4: After all the bright ideas I've tried and failed at over the...

Welcome to an Entrepreneurial Revolution

The Fastlane Forum empowers you to break free from conventional thinking to achieve financial freedom through UNSCRIPTED® Entrepreneurship where relative value and problem-solving are executed at scale. Living Unscripted® isn’t just a business strategy—it’s a way of life.

Follow MJ DeMarco

Fastlane Resources

Get The Books that Change Lives...

The Fastlane entrepreneurial strategy is based on the CENTS Framework® which is based on the three best-selling books by MJ DeMarco.

mj demarco books
Back
Top Bottom