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Search results

  1. Skiboy

    Accounting Problems quikbooks help

    Thanks for the help guys, problem solved. Here is the fix on the quickbooks forum if anyone is interested. Journal Entry reflecting customer | Intuit Community Once again thanks for the ideas.
  2. Skiboy

    Accounting Problems quikbooks help

    I can't seem to link the customer accounts correctly with journal entries. My numbers/balances work out in my premium and commission account, but the reflection to my customers accounts does not. Lets say I invoice paul and he pays me. This gives me a credit in my commission account for...
  3. Skiboy

    Accounting Problems quikbooks help

    Hi all, I hate to do this but I believe we have some smart people here that can aid me with this hopefully. I've tried the quickbooks community, my accountant and a friend that does auditing with no luck. The best answer I get is to do this as a journal entry. I do not want to do this...
  4. Skiboy

    Deposit Loan Programs?

    Hey all, Bank gave me loan at 5.5% for 60 months, not to bad. Also found creditboard forum which has helped me get a few answers on corp credit. Learning everyday. Regards, Kyle
  5. Skiboy

    Deposit Loan Programs?

    Wow they have some nice business tools, good ideas too. Thanks speed+
  6. Skiboy

    Deposit Loan Programs?

    Ok, here is what happened. The bank looked at my current Revolving lines and noticed I was at 62k in revolving credit, With 18k outstanding. So my utilization ratio is roughly 29% not to bad but could be better. What they want to do is give me 18k as an installment loan against the rental house...
  7. Skiboy

    Deposit Loan Programs?

    Hey guys, Found part of the answer, DLPs basically are Cash-Secured Loans or Credit Builder loans. It sounds like many banks have different terms and different programs. One way to start a Cash-Secured loan in order to bump your credit score up is to secure the loan with a house, car or other...
  8. Skiboy

    Deposit Loan Programs?

    Hi all, I ran into this article today and was wondering if anyone has heard of DLP-deposit loan programs? I did a web search and could not find a thing on them or where to get some more information. Are these products a scam? or do they really help establish better credit? How to Buy Your Home...
  9. Skiboy

    LTC tax ?

    TAXES | REGS 
    She basically said that a deduction for long-term care insurance, assuming a person files Schedule C or Schedule F and has a profit, he/she should be able to deduct the insurance as an adjustment to taxable income, similar to an IRA deduction. Also he/she may qualify for a state tax credit...
  10. Skiboy

    LTC tax ?

    TAXES | REGS 
    I'm actually going to meet with My CPA today. I'll let you know what she thinks. It would be very cost effective if this is possible. Kyle.
  11. Skiboy

    LTC tax ?

    TAXES | REGS 
    Hi gang, Need some input from you CPA’s, I sell Long Term care insurance and never really answer the tax questions with too much clarity, mostly because I’m not a tax advisor but an insurance advisor, I usually advise clients to go over this with their CPA. I thought I’d dive deeper into...
  12. Skiboy

    Best business advice you've ever received

    HOT! 
    I can’t remember where I heard this one but it holds true for me and what I do. Opinions are like belly buttons, everybody has one. Make your decisions.
  13. Skiboy

    How do you own your home?

    REAL ESTATE 
    8 Snake, thanks. Is there a way to separate your personal property from your name/credit file? Thanks again for all the responses.
  14. Skiboy

    How do you own your home?

    REAL ESTATE 
    Thanks everyone, I don’t really understand putting your personal property into an LLC business structure. How can you classify your home as a business when your not in the business of having it as an investment property? I hope it goes up in value but I’m not counting on it. Equifax shows...
  15. Skiboy

    How do you own your home?

    REAL ESTATE 
    I own my home in my name and I’ve heard this is not the way the rich own their real estate. How do they own it then? The reason I’m concerned is I pulled my credit report and it shows I have 85% debt to credit. I have one credit card and mortgage on my report. Other then that I have...
  16. Skiboy

    Building business financials?

    Thanks fanocks2003; What is the best way to do this? Get credit card first or setup trade lines with office depot and bestbuy... I've heard that it is very important to make sure everything gets reported back to experian and dun&bradstreet. This is were I'm confused if a credit card is best...
  17. Skiboy

    Building business financials?

    How many people on this site have a business? No sole proprietors or partnerships. Do you use a business line of credit and what are the best deals out there for a newbie applying for business credit? What is the best way to start my business credit history? I believe a score of...
  18. Skiboy

    Tax Loopholes for Stock Investors/Traders

    TAXES | REGS 
    How does the IRS look at w-2 income if you have your trading business setup but still make a small amount from side gigs? I get commission form selling insurance 1099, but still ski every now and then getting some w-2 income. I'm getting ready to setup my LLC but am unclear on this issue...
  19. Skiboy

    Do'h! Why didn't I do it first!

    OFF-TOPIC 
    I had three as well: 1:Apple fries, My Mom made them when I was a kid. We where going to sell them at the county fair but never took the next step and never did any marketing. 2:Trampoline wake board, Foam board you wear for training wake board tricks on a trampoline...
  20. Skiboy

    eBay releases lawsuit against Craigslist

    Craigslist is the BOMB... I find all kinds of stuff when it comes to flipping houses. Tubs, sinks, tile, tools, windows. Use it everyday. A++:hurray:
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