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942: Don't Start or Donate to a Not-For-Profit Organization (until you consider this...)

Radical Personal Finance

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The Importance of Feeling Good

When governments impose price controls, they create a distortion in the marketplace that leads to shortages. So if you see a need in the marketplace, go out and start a business trying to assess that need. If your business winds up creating losses with appropriate structuring and pre-planning, those losses may be completely deductible against your income.

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