Do you recommend an LLC or any formal entity for my personal home if I plan to utilize the Augusta Rule? I plan to rent out my personal home to my business.
I currently rent a home. Can I rent a room in the home I'm currently renting to my business for business meetings under the Augusta Rule? Or must I own my home to be able to rent the space out?
This is funny cause I literally moved from Augusta last week. I use to literally stay across the street from the Golfing field. It was definitely packed when it did come
I've heard you talk about the Augusta rule many many times before but this bit of history about the rule makes it make sense and paints a more clearer on the income/tax loophole.
Yes, I left the UK and immigrated to the US at age 21. The 30 year fixed rate mortgage is awesome and all my rental income has deductions, whew, so no tax. I've been housing American citizens for over 30 years. I saw that the UK was run by privileged aristocrats and that made me think I'd never get anywhere in life. So I flew out the day after my secretarial course ended. (That wasn't a job skill )
Instead, let's talk about the video you just took down. Please make a video about why you provided such false information. You even told people they'd have to pay to file a free report. You gotta speak on this.
My three favorite channels: Karlton Dennis, Stock Brotha, & How Money Works. Make my week complete! 🔥 🔥 🔥
This one was really good! If you’re not learning you’re not earning 🤯
Do you recommend an LLC or any formal entity for my personal home if I plan to utilize the Augusta Rule? I plan to rent out my personal home to my business.
I currently rent a home. Can I rent a room in the home I'm currently renting to my business for business meetings under the Augusta Rule? Or must I own my home to be able to rent the space out?
This is funny cause I literally moved from Augusta last week. I use to literally stay across the street from the Golfing field. It was definitely packed when it did come
How do I determine the market rental value?
Is there something like this in Australia?
Can the rule apply to camper trailers?
In the end of the day everyone is set out to make more money. “Service to others”
Thank you
I've heard you talk about the Augusta rule many many times before but this bit of history about the rule makes it make sense and paints a more clearer on the income/tax loophole.
Really good tax code in the US for real estate compared to the UK
Yes, I left the UK and immigrated to the US at age 21.
The 30 year fixed rate mortgage is awesome and all my rental income has deductions, whew, so no tax. I've been housing American citizens for over 30 years.
I saw that the UK was run by privileged aristocrats and that made me think I'd never get anywhere in life. So I flew out the day after my secretarial course ended. (That wasn't a job skill )
Clickbait title. Nobody on this channel is writing off $100,000 per year in Augusta deductions. Try more like $1,500 a year.
Yeah, Augusta rule is pathetic. I would be excited if it was 140 days not 14.
You're limited to $500 a day
Instead, let's talk about the video you just took down. Please make a video about why you provided such false information. You even told people they'd have to pay to file a free report. You gotta speak on this.
What did he take down? I think he is a clown also. He took down his "off year C Corp" which was a sham. What was he discussing?
Karlton Dennis, You're amazing! Let's be friends and have fun together!