Crypto doesn't actually have the wash rule, which means that when you sell a stock, you've got to wait at least 30 days to buy it if you want to capture those losses. But with stalks, if you have like a big loss, giving like 50 % loss, you can actually sell it and then buy it right away. There are no rosh rules for crypto, because it's still up in the air in congress. You're able to get a pretty significant credit write on your tax for the expenses that you incurred with the r and d research and implementation. The one thing that trips people up is a lot of softer developments being done overseas, those wages don't
Every month we put together an income report to share a behind-the-scenes look at the ups and downs of running a 7-figure business. In full transparency, it’s not easy – but it IS possible. Through hearing about our mistakes, lessons learned, and our wins, we hope to inspire and motivate you to take action in your business with just one step forward every single day. For our full income report, visit EOFire.com/income99, and IGNITE!
November 2021 Income At-A-Glance
Gross Income for November: $199,548
Total Expenses for November: $17,259
Total Net Profit for November: $182,289
Difference b/t November & October: -$48,230
% of net profit to overall gross revenue: 91%
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