Conversation with ChatGPT about the US Currency
Is the USA in trouble economically if other countries stop using US currency? If other countries were to stop using US currency, it could have an impact on the US…
Business Set Up for Business Credit
Here are a few steps you can take to set up your business properly for business credit: Establish a separate legal entity: Your business should be registered as a separate…
Bonus Depreciation for Taxes
Bonus depreciation is a tax incentive that allows businesses to depreciate a higher percentage of the cost of certain property in the year the property is placed in service. This…
What is a 1031 Exchange?
A 1031 exchange, also known as a "like-kind exchange," is a way for a taxpayer to defer paying taxes on the sale of an investment property by using the proceeds…
What I’m Doing to Grow My Small Business
Oftentimes, a small business owner comes up with a brilliant idea but is stymied by the initial capital required to get started. When money is tight, saving on taxes becomes…
How to Acquire My First Multifamily Home
Acquiring a multifamily property for investment can be a great way to generate passive income and build wealth over time. Here are some steps you can follow to get started:…
What are the best investments?
What are the best investments? That's a question that many people have asked. The truth is, it depends on your needs and goals. Some investments are better suited for short-term…
What I Would Do If I Was In My 20s!
Inspired from EYL Market Mondays if you are just graduating and 18 years old try to do the following: Save & Invest 40% to 50% of your money mostly (Right…
Bonds! Bonds! Bonds!
Many people hear the term but really have not the slightest clue about what bonds are or they think of a bond in terms of a prison bond. They know…
Tiny Particles heat the air
Meteors appear as streaks of light that are popularly referred to as "shooting stars" or "falling stars," though they are not really stars at all. In reality they are grains…