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RELATIONSHIP TALK ON MAN OF PRESTIGE WITH THE PRESTIGE FAMILY 3-5 Videos & Livestream Weekly Welcome to Man of Prestige. For Full experience visit us on YouTube & Facebook My name is OLA and I am your host. I truly believe that the state of our society and the family structure is a function of the emotional and mental health of the men of our society. But this has evolved to a family. The Prestige Family... And that's a family of ladies and gentlemen who want to remain students of what it takes to achieve healthier and profitable relationships. This platform was originally designed to address issues around manhood and relationships. But our world between men and women are so interwoven that we can't avoid each other. We need and want each other evident by the passionate ways we express the talking points in the epidemic of the online gender war. The gender war stops here on Man of Prestige. Thank you so much. Hopefully, you've been enlightened and educated.
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Now displaying: Page 1
May 8, 2018

FREE BOOK ►►► http://myEmpirePRO.com/freebook

In this episode, you will discover my unique way to how to report house flipping on tax return.

Most people trying to build a a house flipping business are often involved in the wrong questions.

Actually, this topic is one of them.

Regardless, I've taken the time to answer the question without replacing your professional CPA.

First of all, here is a quick disclaimer.

Consult your professional CPA for professional advice as the information in this email are simply my opinion from an active real estate marketers stand point.

FOCUS

The first thing is to make sure you are FOCUSed on activities that create sales and revenue back to back.

It's the one single thing that you keep you out of trouble with Uncle Sam and his disciples.

50%

Any money I make in business after learning a few lessons is not to be used until I set 50% of it on the side.

It doesn't necessarily mean its going to taxes; it's just my second way of staying out of trouble with Uncle Sam.

Yes there are things like 1031 exchange for deferred taxes.

However, it's not applicable when flipping the same house within the same year.

PROFESSIONAL

Last but not least, make sure you consult with a local professional CPA (Certified Professional Account)

ENJOY THE VIDEO

Click this link to make a donation to support my work:
►►► http://olatux.com/donate

ABOUT YOUR HOST ::::|

Ola "Tux" Abitogun is the Creator of myEmpirePRO. He became a FULL TIME entrepreneur in October 2006.

He is a computer engineer and an engineering management graduate from New Jersey Institute of Technology; (NJIT) class of 2004/5. He was born in Dallas Texas and raised in Nigeria by his Nigerian parents. He considers himself a proud Nigerian American.

Today, he is a marketing addict, trainer, marketing and business consultant, real estate investor and all around serial entrepreneur. Most importantly, he is husband and father to their 2 Boys. The professional work he is mostly proud of is personally helping 1,000+ entrepreneurs around the world reach greater heights in their careers.

Follow OLA Online Here:

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PODCAST
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WEBSITE
Personal Blog :|: http://OLATux.com
myEmpirePRO :|: http://myEmpirePRO.com

#myEmpirePRO #OLATuxAbitogun #houseflipping

BLOG POST - http://myempirepro.com/blog/how-to-report-house-flipping-on-tax-return/

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