this whole conversation Brett is how everyone
on this call can save money on their taxes so my advice to everybody is grab a pen Brett you're
going to teach us how to do it I am going to go as hard as I can in five your taxes we're gonna do in
five or ish minutes cool I'm gonna come just fire it away Jason go go go everyone in here likely
lives in a home probably that you own right the Augusta rule in section 280a 280 a of the IRS
tax code basically what it means Jason you the human being you could rent your home from your
business so you've got a business called Jason's baller Enterprises LLC you the human are going to
send an invoice to Jason's baller Enterprise LLC up to 14 days per year cannot be more than 14.
this is your primary residence the way to do it make it compliant we're going to go to a local
hotel we're gonna find out what the cost is for a one-day event food and Bev AV you rent a room
and depending on your city we're going to call that three thousand dollars okay per day meetings
that you're already having Jason out there maybe at your Market Center you're having meetings
at a hotel already you'd have that meeting at your house you're gonna document it's gonna put in
your calendar you're really going to have business meetings we're not making stuff up to get a
tax rate their meetings we're already doing so at the end of the year you can sign a lease as
well three thousand dollars times fourteen I can do some quick math here uh three thousand dollars
times fourteen that's what you could write off 42 000 would be the write-offs you're in the we'll
just do assume your state and federal tax brackets 40 percent there's some pretty good savings there
if you have a second home that you do not run out so the minute you rent it one day this doesn't
count but I've got a cab and a second home that I have business meetings a lot of them at I could
do another 14 days for that that's a no-brainer someone just put in the chat someone said that's
where my next ALC meeting is going to be oh my gosh oh yeah of course this call is the best
Call of the year because of that 30 seconds
Sell your Home for a $5000 flat Fee Full service Soldier to Soldier
