Episode 32 - Secrets of LLC Structure, Business Credit, Tax Savings, and Estate Planning with Tommy Thornburgh of Prime Corporate Services
What if I told you that businesses can have their own credit profile just like us individuals?
โPaydex score,โ which allows you to build a separate credit identity for your business!
By establishing this distinct credit profile, youโll discover a whole new realm of possibilities. ๐ธ Imagine letting your business pay for itself and rewarding yourself from its success, even if youโre uncertain about the exact plans few years ahead! ๐ฐ
So, seize the opportunity to create a strong business credit foundation.
Whether itโs expanding your enterprise, investing in new ventures, or securing the future, your credit profile will be your reliable ally.
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Episode 32 - Secrets of LLC Structure, Business Credit, Tax Savings, and Estate Planning with Tommy Thornburgh of Prime Corporate Services
Did you know that adding your child as an authorized user on your credit card can have a powerful impact on their credit history? ๐ค
By responsibly managing my credit card and ensuring we donโt miss a payment, Iโm helping my daughter build a strong foundation for her financial future! ๐ฐ
Having a lengthy credit history plays a significant role in achieving an excellent credit rating. It typically takes around 25 years to reach that level, but Iโm thrilled that my daughter will have a head start! ๐ช
With her credit journey beginning at such a young age, Iโm confident sheโll have an impressive 800 credit score by the time sheโs 5 or 6! Just imagine the financial opportunities and stability sheโll have as she grows older! ๐๐ฐ
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Episode 32 - Secrets of LLC Structure, Business Credit, Tax Savings, and Estate Planning with Tommy Thornburgh of Prime Corporate Services
Some states are just better for business owners than consumers. If youโre looking for privacy and protection, consider the top picks: Delaware, Nevada, Wyoming, New Mexico, and Alaska!
Wyoming is our go-to choice! Setting up companies here gives our clients peace of mind, ensuring their privacy and safeguarding their assets.
Personally, Iโve also taken this strategic step, with a company based in Wyoming. ๐
In case of any unforeseen legal challenges, I want to keep my personal identity and address hidden.
Protect yourself and your loved ones by choosing the right state for your company. Donโt let anything stand in the way of your success! ๐๐ช
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Episode 32 - Secrets of LLC Structure, Business Credit, Tax Savings, and Estate Planning with Tommy Thornburgh of Prime Corporate Services
Hey there, fellow Americans! Iโm a firm believer in the power of self-employment, and I think everyone should explore this path to some extent! Whether itโs a side hustle or a full-time venture, taking charge of your own destiny is a game-changer! ๐
Just showing the intent to generate income through your business can unlock a wealth of deductions and benefits! Even if you havenโt made money yet, youโll be amazed by the opportunities available to savvy business owners! ๐ธ
Letโs embrace the spirit of entrepreneurship and financial empowerment! ๐ฐ
Letโs use those tax codes to our advantage and make the most of our hard work! ๐
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Episode 32 - Secrets of LLC Structure, Business Credit, Tax Savings, and Estate Planning with Tommy Thornburgh of Prime Corporate Services
Starting a business? Here are THREE crucial factors you canโt afford to overlook! ๐
1๏ธโฃ Privacy and Protection: ๐
Securing your privacy and safeguarding your personal assets is vital! Donโt underestimate the importance of protecting your hard-earned assets from any potential business risks.
2๏ธโฃ Tax Benefits: ๐ฐ
Letโs dive into the world of taxes! Whether itโs profit or loss, understanding the ins and outs of tax benefits is crucial for maximizing gains and minimizing liabilities.
3๏ธโฃ Credibility is Key: ๐ผ
Be a legitimate business powerhouse! Gain credibility not only with your clients but also with banks and lenders. Establishing a trustworthy reputation will open doors to growth and opportunities, propelling your venture to new heights! ๐
Remember, a successful business requires the perfect blend of privacy, tax wisdom, and credibility! Embrace these essentials, and watch your business flourish!
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Episode 31 - Hospitality Marketing Guru: Mark Simpson on Boosting Bookings
Within the next 12 to 14 months, weโre about to witness a major tech revolution! ๐ With the release of ChatGPT, I can see a bright future where our virtual assistants become geniuses! ๐ง
The tech giants - Apple, Amazon, and Google - are all keenly observing the advancements in AI, and they are all set to integrate these cutting-edge technologies into their platforms! ๐ต๏ธโโ๏ธ
Keep an eye out for these remarkable changes - the future is right around the corner!
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Episode 31 - Hospitality Marketing Guru: Mark Simpson on Boosting Bookings
This hilarious incident taught me a valuable lesson: knowing when to take a break and listen to your body is crucial during travel (and in life)! ๐
Sometimes, we get so caught up in exploring new places and experiences that we forget to pause and rest. This moment of comical embarrassment turned into a reminder to find that balance and cherish every step of our adventures! ๐บ๏ธ
So, if you find yourself trotting the globe anytime soon, remember to be mindful of your bodyโs needs and embrace the unexpected moments that make your journey truly unforgettable! ๐ฅฐ
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Episode 30 - Passion, Profit, and Purpose: Michael Fleischnerโs Transformative Entrepreneurial Tale
Working with others is an essential part of growth and success in any venture. ๐ค
Implementing efficient systems becomes the key to achieving sustainable growth and scalability. It takes hard work, time, commitment, and financial resources. ๐ฐ
But in the long run, itโs these systems that will pave the way for your business to soar beyond the limits of what you can do alone. ๐ช
Remember, there are only so many hours in a day, and by building a strong foundation through systems and processes, you allow yourself and your team to focus on what truly matters: delivering exceptional service and making a meaningful impact. ๐ฏ
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Episode 30 - Passion, Profit, and Purpose: Michael Fleischnerโs Transformative Entrepreneurial Tale
Surrounding yourself with successful people is KEY to leveling up in life! ๐ฅ
Just like LeBron James, who spends millions on his body every year to stay at the top of his game, itโs essential to seek out valuable trainings and invest in yourself! ๐ฏ
Money shouldnโt be a barrier to self-improvement. Even if you donโt have a million dollars like LeBron, think about it, can you spare $100 or $1000 to develop yourself and learn new skills? ๐ค
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Episode 30 - Passion, Profit, and Purpose: Michael Fleischnerโs Transformative Entrepreneurial Tale
To me, โfind your freedomโ means more than just breaking free from constraints, itโs about discovering true fulfillment. It all comes down to finding that one thing that brings you pure happiness, no matter what it may be. ๐
In my 52 years of experience in this world, Iโve learned that if you focus on what truly energizes and fulfills you, everything else falls into place. ๐
I know it sounds oversimplified, but trust me, you donโt have to worry about anything else. Just be present and embrace what sets your soul on fire. ๐ฅ
When you find that special something that fuels your passion and purpose, youโll experience a profound sense of fulfillment. And that, my friends, is true freedom. ๐๏ธ
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Episode 29 - The Flippin Mayorโs Playbook: Mastering Real Estate and Public Service with Perry Keenan
When it comes to the game of building wealth, reaching the magical 10-doors mark is a game-changer. ๐ฐ
Picture this: youโve got a couple of units offline, but fear not! ๐ซ The remaining 6 or 7 units are still pulling in that sweet income, carrying all the expenses on their shoulders. ๐ช
With these units working hard for you, the pressure dissipates like magic. ๐ช
Your worries melt away, leaving you with peace of mind and a sense of accomplishment. ๐ฏ
So, my fellow investors, remember this: when you hit that 10-doors milestone, itโs a game-changer! ๐๐ผ
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Episode 29 - The Flippin Mayorโs Playbook: Mastering Real Estate and Public Service with Perry Keenan
Our parents instilled Never Quit Attitude in us, and now itโs our mindset too. ๐ช
My wife and I believe in giving our all, without any regrets. We donโt want to look back in five years and wonder โwhat if.โ ๐ค
Weโre all about seizing opportunities and trying new things, because who knows, they might make a difference. Living without regrets is our motto, and we refuse to dwell on โshouldโve wouldโve.โ
Weโre going full steam ahead, never backing down, until we absolutely canโt anymore. And even then, weโll take a nap, recharge, and jump right back into it. ๐ฏ
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Episode 29 - The Flippin Mayorโs Playbook: Mastering Real Estate and Public Service with Perry Keenan
Feeling the pressure? Need to scale your business? ๐
Let me tell you a little secret: more rental properties = less stress and increased occupancy rate!
Owning just one rental property can be overwhelming, but imagine having a portfolio of 10 properties! ๐คฉ Each property adds to your income streams and helps you spread the risk. ๐ช
Managing 10 rental properties might sound like a lot of work, but trust me, itโs a game-changer! ๐ฏ
By distributing your investments, you can offset any potential vacancies or maintenance costs, allowing you to maintain a steady cash flow. ๐ต
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Episode 29 - The Flippin Mayorโs Playbook: Mastering Real Estate and Public Service with Perry Keenan
For me, finding your freedom is a journey of working smart and sometimes working hard, but always persevering and pushing forward ๐
When you hit that magic number ๐, where your side hustle and other projects generate enough income to sustain you, imagine the possibilities! ๐คฉ Youโll have the freedom to quit your day job without skipping a beat. No more worrying about financial stability! ๐ช๐ผ
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Episode 28 - From Nurse to Investor: Kellyn Cameronโs Journey to Financial Success
Having a reliable system in place is key!
Write everything down, jot down your processes, and create a record of your journey. ๐
This way, when recurring situations arise, you wonโt have to exert excessive effort and energy each time. โณ
Think of it as keeping a top-notch log of your standard operating procedures and those special, unique situations that come your way. ๐
Remember, having a solid record makes life easier and more efficient! ๐ช
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Episode 28 - From Nurse to Investor: Kellyn Cameronโs Journey to Financial Success
When thereโs a will, thereโs a way! ๐ช๐ผ
If you truly desire something, youโll uncover the path to make it yours. ๐
Donโt let obstacles deter you, let them fuel your determination to achieve greatness. ๐ฅ
Dream big, work hard, and watch the universe conspire to make it happen.
_________________________
๐ฅ FIND YOUR FREEDOM ๐ฅ ๐
Watch/listen ๐ to this PODCAST ๐ by clicking the link in the bio๐
_________________________
Guest: @kellyncameron
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TAG your friends ๐ฉ๐ฆ who needs to see this!
DOUBLE TAP โค and SAVE ๐พ this post
๐ @@kellyncameron
๐ @lenny_the_boss723
๐ @omidtheradinvestor
FOLLOW US ๐ for more valuable content like this to FIND YOUR FREEDOM ๐๐๐ธ๐ฐ
_________________________
Comment below with your favorite takeaway with FINDING YOUR FREEDOM ๐๐ฅ๐
_________________________
#propertyinvestments #realestateadvisor #investinrealestate #realestatecoach #propertyinvestor #propertyinvestors #propertyinvesting #financialfreedom #financialadvisor #financialliteracy #moneymindset #successmindset #successmotivation #successtips #cashflow #realestateinvesting #realestateinvestor #realestatelife #realestatetips #realestateadvice #realestateinvestment #realestateexpert #podcaster #podcastlife #podcasting #investmentproperty #investingtips #propertyinvestment #rentalproperty #homeownership
Episode 28 - From Nurse to Investor: Kellyn Cameronโs Journey to Financial Success
Why do we often think our dreams are unattainable? ๐ค
Is it because of money? ๐ธ
While I navigate the world of real estate and mingle with fellow entrepreneurs, Iโve discovered numerous ways to bypass financial limitations and pave my own path to success! And you can do that too just by simply networking.
What about time constraints? โ๏ธ
If we truly desire something with every fiber of our being, we can uncover hidden pockets of time and make every moment count! ๐ช
Passion and determination fuel our journey! If you crave something so deeply, if it resonates within your soul, youโll summon the willpower to transform your dreams into reality! ๐ช
_________________________
๐ฅ FIND YOUR FREEDOM ๐ฅ ๐
Watch/listen ๐ to this PODCAST ๐ by clicking the link in the bio๐
_________________________
Guest: @kellyncameron
_________________________
TAG your friends ๐ฉ๐ฆ who needs to see this!
DOUBLE TAP โค and SAVE ๐พ this post
๐ @@kellyncameron
๐ @lenny_the_boss723
๐ @omidtheradinvestor
FOLLOW US ๐ for more valuable content like this to FIND YOUR FREEDOM ๐๐๐ธ๐ฐ
_________________________
Comment below with your favorite takeaway with FINDING YOUR FREEDOM ๐๐ฅ๐
_________________________
#propertyinvestments #realestateadvisor #investinrealestate #realestatecoach #propertyinvestor #propertyinvestors #propertyinvesting #financialfreedom #financialadvisor #financialliteracy #moneymindset #successmindset #successmotivation #successtips #cashflow #realestateinvesting #realestateinvestor #realestatelife #realestatetips #realestateadvice #realestateinvestment #realestateexpert #podcaster #podcastlife #podcasting #investmentproperty #investingtips #propertyinvestment #rentalproperty #homeownership
Episode 28 - From Nurse to Investor: Kellyn Cameronโs Journey to Financial Success
Have you ever stumbled upon that picture where this guy relentlessly dug for gold? Getting closer and closer to his dream, but in the end, he walked away just a few strikes away from striking it rich! ๐ฎ
Itโs crazy to think that with just two or three more hits, he wouldโve unearthed the treasure! Lifeโs journey often feels like that, doesnโt it?
The key is to keep grinding and stay true to the path youโre on, even when it gets tough. โ๐ผ
Remember, success isnโt an overnight sensation. Itโs a result of investing time and effort into your goals. ๐ช๐ผ
So, keep pushing forward, because your breakthrough might just be around the corner! ๐ฅ
_________________________
๐ฅ FIND YOUR FREEDOM ๐ฅ ๐
Watch/listen ๐ to this PODCAST ๐ by clicking the link in the bio๐
_________________________
Guest: @kellyncameron
_________________________
TAG your friends ๐ฉ๐ฆ who needs to see this!
DOUBLE TAP โค and SAVE ๐พ this post
๐ @@kellyncameron
๐ @lenny_the_boss723
๐ @omidtheradinvestor
FOLLOW US ๐ for more valuable content like this to FIND YOUR FREEDOM ๐๐๐ธ๐ฐ
_________________________
Comment below with your favorite takeaway with FINDING YOUR FREEDOM ๐๐ฅ๐
_________________________
#propertyinvestments #realestateadvisor #investinrealestate #realestatecoach #propertyinvestor #propertyinvestors #propertyinvesting #financialfreedom #financialadvisor #financialliteracy #moneymindset #successmindset #successmotivation #successtips #cashflow #realestateinvesting #realestateinvestor #realestatelife #realestatetips #realestateadvice #realestateinvestment #realestateexpert #podcaster #podcastlife #podcasting #investmentproperty #investingtips #propertyinvestment #rentalproperty #homeownership
Episode 28 - From Nurse to Investor: Kellyn Cameronโs Journey to Financial Success
For me Find Your Freedom means having that all-encompassing freedom to wake up every day and be like, โThatโs what I wanna do todayโ and โThatโs who I wanna do it with.โ ๐
It is truly embracing the power to shape my own destiny, living in harmony with my desires and surrounding myself with incredible souls who uplift and inspire me. โค๏ธ
_________________________
๐ฅ FIND YOUR FREEDOM ๐ฅ ๐
Watch/listen ๐ to this PODCAST ๐ by clicking the link in the bio๐
_________________________
Guest: @kellyncameron
_________________________
TAG your friends ๐ฉ๐ฆ who needs to see this!
DOUBLE TAP โค and SAVE ๐พ this post
๐ @@kellyncameron
๐ @lenny_the_boss723
๐ @omidtheradinvestor
FOLLOW US ๐ for more valuable content like this to FIND YOUR FREEDOM ๐๐๐ธ๐ฐ
_________________________
Comment below with your favorite takeaway with FINDING YOUR FREEDOM ๐๐ฅ๐
_________________________
#propertyinvestments #realestateadvisor #investinrealestate #realestatecoach #propertyinvestor #propertyinvestors #propertyinvesting #financialfreedom #financialadvisor #financialliteracy #moneymindset #successmindset #successmotivation #successtips #cashflow #realestateinvesting #realestateinvestor #realestatelife #realestatetips #realestateadvice #realestateinvestment #realestateexpert #podcaster #podcastlife #podcasting #investmentproperty #investingtips #propertyinvestment #rentalproperty #homeownership