Category Archives for "Business & Real Estate"

Is More Information the Answer?

In 1973, Paul Slovic ran a study to find out the effect more information has on our decision-making ability. He used professional horse racing gamblers, also known as handicappers, as his subjects. It’s important to note that each of these handicappers made a full-time living from betting on horse races. In other words: these were experts, […]

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2020 Business Recap

I’ve come to realize there is no such skill as “business” or “entrepreneurship”. Business is a collection of micro-skills like sales, marketing, negotiation, sourcing, distribution, project management, etc.An entrepreneur is a visionary who can identify experts in each micro-skill and recruit them along for a ride towards a specific location, namely a better future for all […]

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2 Tax Loopholes for 2021

According to Tom Wheelwright, author of Tax-Free Wealth, there are two simple rules when it comes to tax law. #1: The money you earn is meant to benefit you and those closest to you. Yes, a portion of your income goes towards taxes. You might wonder how sending money off to the government helps you. It’s simple. […]

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Just Death, No Taxes

The New York Times finally got a hold of Donald Trump’s tax returns for the past 2 decades. Aside from the audits, hundreds of millions of dollars in personally guaranteed loans coming due, and illicit write off activity, it seems most people are focusing on one thing: income taxes paid, or lack thereof. According to the Times’ […]

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4 Investment Options

I’m currently experiencing what most would describe as a “good problem to have”.  It’s one of those situations where all the alternatives are pretty good options. I can’t really go wrong with any selection.  Maybe you can help me decide. I’m going to tell you the decision I’m facing and I’d like to know… What Would YOU […]

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House Hacking Case Study

A real estate investment came across my desk and we’re highly considering purchasing it for personal use.  It also happens to make for a great long term investment.  In this post, I’ll take you through my thought process in evaluating the opportunity. 💝Opportunity Detail:First, let’s start with what we know about the property now.  Deal Type: Off-market (not listed […]

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