Radical Personal Finance – Part One
Financial Independence Podcast
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Renting Boats - Is That a Good Idea?
You could probably rent a pretty Amazing boat for a hundred K a year. You can turn it from an expense into potentially an income or you can use it as a Business which is designed to be profitable, but allows most of you some of your expenses to be to be Absorbed by the business side of the tax code. By taking something like that and turning it froman expense over into a business And by running it in a business like manner following the tax rules very carefully keeping good records.
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