Day 178 of the 365 Days CHALLENGE to Build Wealth! As we continue to get closer to our goals, it is important to frequently rectify our direction, our goals and our objectives. Are you still working towards your initial goal? Have you improved, enhanced and expanded that initial goal? Are you currently uncomfortable with your current expanded goals? Evaluate your feelings. […]
Day 177 of the 365 Days CHALLENGE to Build Wealth! Today, be silent to listen to yourself! With so much noise in the outside everyday, it is challenging to hear your own inner voice. Today, take a few moments to be silent… to be by yourself… to allow your inner voice to speak to you… and literally, listen to it. We […]
Day 176 of the 365 Days CHALLENGE to Build Wealth! You wake up daily. Probably will drink some coffee. Take a shower. Maybe you exercise before. Then, you move on to your dialy routine… your business… your way to make a living and pay the bills. Now, my question to you is: Are you fulfilled? What is it for you that […]
Day 175 of the 365 Days CHALLENGE to Build Wealth! Today, we happily conclude the week long training about how to protect your assets and your wealth legally. We work hard and every day to build a big networth. We invest most of our active years looking to retire comfortably. Yet, most people do not achieve it ever… simply because even […]
Day 174 of the 365 Days CHALLENGE to Build Wealth! What are the advantages of Wyoming and Nevada corporations? Are they difficult to maintain? Are they a better option when it comes to privacy and asset protection? Learn from Garrett Sutton: Building your wealth is your job, responsibility and your contribution to this world. The more you contribute, the more you […]
Day 173 of the 365 Days CHALLENGE to Build Wealth! Dear friends… I know it is kind of boring this legal topic, yet necessary as you continue to grow your networth and your wealth.. and we are almost done for this week. Now, when is a LP or Limited Partnership a good Idea? What is the purpose? How will it protect […]
Day 172 of the 365 Days CHALLENGE to Build Wealth! A Limited Liability Corporation or LLC structure for your business is very beneficial and flexible for many reasons… it is good for tax reasons… it is good to limit your exposure to creditors and potential legal problems… it is ideal when you have other partners. However, depending on your end goal, […]
Day 171 of the 365 Days CHALLENGE to Build Wealth! When an S-corporation is a good idea? What happens if you lose your S-corporation status with the IRS? Can you have foreign partners owning a percentage of an S-corp? How about taxation? How are you taxed on an S-corp? These and many more questions Garrett Sutton explains in a simple to […]
Day 170 of the 365 Days CHALLENGE to Build Wealth! When to use a C-corporation and the reasons behind it… Not only from the legal standpoint you need to know this information, but also from the tax savings point of view. If you choose the wrong entity, you will probably be paying the consequences and high price of taxes and less […]
Day 169 of the 365 Days CHALLENGE to Build Wealth! We live in a world where anyone can sue you for anything and have a field trip with you if you are not properly protected… so this week, we are going to learn about asset protection and protecting yourself from credit predators and their attorneys. Since I am not a lawyer, […]