The Entrepreneur Forum | Financial Freedom | Starting a Business | Motivation | Money | Success

Welcome to the only entrepreneur forum dedicated to building life-changing wealth.

Build a Fastlane business. Earn real financial freedom. Join free.

Join over 80,000 entrepreneurs who have rejected the paradigm of mediocrity and said "NO!" to underpaid jobs, ascetic frugality, and suffocating savings rituals— learn how to build a Fastlane business that pays both freedom and lifestyle affluence.

Join FREE
Download Books
No Ads? Join Insiders
Free registration at the forum removes this block.

Search results

  1. D

    One Bad Employee Can Ruin Everything

    OFF-TOPIC 
    This past week I was approached about a possible joint venture by one of the members of my forum. It was interesting and from what I could see it could be good for my company, but REALLY good for the other company. But, I needed to do some due diligence. That's when it got a little crazy...
  2. D

    New IRS Audit Guidelines Slams Real Estate Professionals

    If you are currently claiming the real estate professional status on your tax return to take full advantage of your tax losses, you could be in trouble from an IRS audit. Some of the highlights of the new audit guidelines that we got our hands on late last night: - If your property is...
  3. D

    When Your Friends/Family Say "That'll Never Work"

    NOTABLE! MINDSET 
    I was rambling on with a post at my website and had a sudden epiphany. I had to post it here because I bet this happens to a lot of us. Do you have a family member or friend who constantly complains about his life? And then, when you offer solutions, he has a million excuses on why it will...
  4. D

    Update on Real Estate Investors & LLCs

    I posted a week or so about the Freddie Mac change for real estate investors. It looks like Fannie Mae will soon be making the same announcement. Here's where we stand right now: Freddie Mac and Fannie Mae are the largest underwriters in the secondary market for conforming loans. So, when...
  5. D

    Why Not to Put Your Property in an LLC

    Freddie Mac just made a rule change that states if your property has been in an LLC for any part of the past 6 months you can NOT refinance. Fannie Mae is expected to do the same thing. We're working on a quick solution for our clients and I'll be posting the latest ideas on my website and...
  6. D

    Why Paying Less Tax is the Best ROI You Can Get

    TAXES | REGS 
    Most people who are at this forum are looking for ways to make money through business and/or investments. And, many of them haven't started yet. I think that's the most costly mistake you could make. And, I'm not talking about lost opportunity from the business. I'm talking about the tax...
  7. D

    My name & picture being deceptively used

    WEB/DIGITAL 
    I have had the craziest month with people blatantly plagarizing my copyrighted materials, promoting themselves as working with me and now a website that has a picture of me that seems to indicate that I am involved in & promoting a program, that I am not. My attorney has talked to the owner's...
  8. D

    The Importance of the Start

    Without a doubt, the tax laws in the US are not fair. They are weighed heavily in favor, not of the rich, but of the do-ers. If you're happy with the same ol' W-2 income or even if you're not happy, but complaining bitterly, unless you are prepared to take action, the government doesn't have...
  9. D

    Relative Value of Pageviews

    WEB/DIGITAL 
    In a thread somewhere, MJ said that at 100,000 pageviews per month, it's just as good to go with Google. At 10,000,000, you can get advertisers coming to you. My question is: Is the relationship linear? ie... if I could make $100 on 100,000 pageviews per month, would I make 100 x $100 on...
  10. D

    IRS Releases Rules for Forgiven Debt & Tax

    TAXES | REGS 
    Homeowners who had mortgage debt partly or entirely foregiven (restructuring, short sale or foreclosure) on their principal residence during 2007 may be able to claim special tax relief. Instructions: Fill out Form 982 and attach to 2007 federal income tax return. Most people only have to...
  11. D

    Online seminars - looking for tech solutions

    I posted a while ago about Second Life as a possible "virtual seminar" location and we ended up (in that thread) deciding that probably it would not work for my community. I'm kicking around new ideas today. I've been on talks on Talkshoe which allows someone to bring on callers and cut them...
  12. D

    Tax Season!

    TAXES | REGS 
    Well, we're in the throws of tax season. If you're a business owner or investor, remember that you need to get 1099-Misc (for sub contractors) and 1098 (for loans that you are carrying back) as well as payroll reports out by 1/31. I won't be checking back as much on the forum for the next...
  13. D

    Mac Users - Would Love Your Opinion

    OFF-TOPIC 
    Has anyone investigated the new Macbook Air yet? Thots?
  14. D

    1 Semester of Spanish

    FUNNY 
    A friend sent me this link. It's the 1 Semester of Spanish, Spanish Love Song. Hilarious! YouTube - 1 semster of spanish love song
  15. D

    Nexus - or Can I Form a NV Corp and Never Pay Taxes?

    TAXES | REGS 
    You've seen the ads, you heard it from seminars, maybe even from your friends: Form a NV corporation and avoid state income tax. Is that true? Probably not. The issue is something called "Nexus." Nexus (in this case) means where do you do business. If you have a corner grocery store in...
  16. D

    Improving Credit Scores

    I have spoken with Stephen Snyder before. His latest emphasis is on improving your credit after bankruptcy, but there is a book of his still out there that is priceless, "Do you make these 38 mistakes with your credit?" I think it's self-published. It's one of those smaller books with just...
  17. D

    What Skills/Tools Make You More Effective?

    I have a random bag of tricks that I use to be more effective with my time. It's funny no one ever asks me about how I can have 3 very active businesses going, two blogs, active on this forum, see 5-10 new clients a week (and keep all their information and strategies straight) saving them an...
  18. D

    IRS Sends WRONG Forms

    The IRS sent out approximately 13.5 million incorrect Form 1040 tax packages the first week in January. There are 5 forms that are incorrect because of the last minute AMT patch. The 5 forms are Form 8863, Education Credits; Form 5695, Residential Energy Credits; Form 8396, Mortgage Interest...
  19. D

    Creating an Affiliate Program

    WEB/DIGITAL 
    I am very late to the party on this. I have products, services and seminars that I offer through my website and am finally adding an affiliate program. How do I go about getting affiliates? What would be a fair percentage to offer? And what would be an amazing amount to offer? (So that...
  20. D

    Multiple Income Streams from Your Business

    HOT! 
    I work with a lot of clients who have very succesful businesses and/or practices (medical, etc) and love what they do. But, the income is all considered earned income and is taxed at the highest possible level. So, I'm always looking for ways to turn what they do into multiple streams of...
Top