business ownership: Taxes Rule! - 01/21/09 11:05 AM
As a business owner you receive many tax breaks and deductions.  The IRS tax code favors business owners on their taxes.  With 100 tax advantages for business owners and 300 for real estate investors, it makes paying taxes fun.
1. Business owners provide jobs, insurance, income, and other facets for people. 
2. Real Estate investors provide shelter for individuals and families.
These 2 things alone give power to the credence of giving those who do own/control businesses and real estate a tax break. 
Remember, the best tax advantage for middle-income families is to start a business.
As the business starts generating money, you … (3 comments)

business ownership: Elite Wealthy 1% Club = B + I - 12/18/08 02:21 PM
This was recorded at Nouveau Riche's April college.  I was so excited sitting in the crowd.  This was the night Jim Piccolo unveiled sketches for the $ 74 million Nouveau Riche Entrepreneurial Center. 
Remember a true business is something you can walk away from for weeks at a time and still make money.  Once you build the business and have it operating and managed properly, your time opens up for you to do whatever you want.  You must work your tail off to get started but once it is in place, your time is yours.
I think of all the people who are trading … (0 comments)

business ownership: Introductory Video - 12/04/08 12:34 PM
Here is an introductory video about some of the things we do as business owners and real estate investors.  As I have said before, you need a cash producing business no matter what you are doing in regards to real estate investing.  Short sales and wholesaling do not happen over night. 
Again, a cash producing business will sustain your investments through vacancies, maintenance issues and down periods in the market. 
Thinking outside the box will open more opportunities.  The wealthy write the rules.  When you know the rules, you can play the game!
Enjoy!
http://www.blogger.com/video-play.mp4?contentId=bbae2afe6c39004d&type=video%2Fmp4
 
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business ownership: Nouveau Riche News - 12/02/08 10:50 AM
For those of you who are familiar with Nouveau Riche and stayed in the loop, like me, words cannot express they way are hearts feel!   JOY!!
Here is the latest news on the home front.
Nouveau Riche has paid out $81 million in commissions to its students as they learn real estate investing and business ownership.  This amazing dual income opportunity has changed many lives and are giving people their financial freedom.  We as students take our business income (the commissions) and invest in buy and hold and other real estate investments.  Hint: Education stocks are sky rocketing! 
Business Ownership+ Real … (0 comments)

business ownership: MINDSET: Business Owner vs. Employee - 11/17/08 03:12 PM
There are 2 types of people in the working world, the business owner and the employee. IRS tax deductions favor the business owner dramatically. Employees receive limited deductions whereas the business owner can take advantage of over 400. The IRS loves business owners because they provide jobs, stimulate economic growth, and give back to their communities. Business owners approach life in a different way when it comes to work. They think in a certain way, act in a certain way and focus on learning specialized knowledge, continuing their education to grow their business.
Business owners control the majority of the wealth … (2 comments)

 

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