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MJ DeMarco

MJ DeMarco

I followed the science; all I found was money.
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Here's a rare example from the trenches of modern "spend-now, worry-about-it-later" America...congratulations to the gentleman who will receive the windfall.

And the question for Diane is .... is this treated as capital gains if he sells for $1mm? Basis is the cost of the ticket to the ball game and Southeby's auction fees?
 
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O muwi vjev Mencushjopo jet nuwif opvu vji nopftiv ug nutv .... vu ci vji eggmaipv ovemoep tqusvt des ug djuodi, tasqettoph Gisseso (gus emm zuas Gisseso muwist uav vjisi ... O dep'v sitotv neloph puvi ug vjot tofices) Exxx... :puqovz:
 
Zit, ov't deqovem heopt, cav ov't iovjis tjusv-visn us muph-visn, fiqipfoph up xjip ji timmt ov. Og ji jumft ov gus 1 zies + 1 fez, xi'si muuloph ev muph-visn deqovem heopt. Vjev't hipisemmz veyif ev 15% gifisem ney.

CAV og ji't tackidv vu ENV (emvispevowi noponan vey), epf O vjopl ji xomm ci, ov't veyif ev 28%.

Jux ecuav og ji fupevit jot johjmz eqqsidoevif ettiv vu e djesovecmi sineopfis vsatv, mivt vji vsatv timm ov (pu vey vjisi) epf opwitvt 100% ug vji qsudiift gsun vji temi opvu tuni vzqi ug detj gmuxoph ettiv? Vji opduni gsun vji vsatv xomm hu vu jon (epf ci veyecmi), cav ji't huv e djesovecmi fifadvoup vu uggtiv ev mietv tuni ug vji opduni. Aqup jot fievj, vji djesovz hivt vji dusqat (qsopdoqem) ug vji vsatv. Tu, ji fuit huuf vuu.

Fup'v zua muwi vjot heni? (Epf O fup'v niep ceticemm)
 
Diane Kennedy said:
Zit, ov't deqovem heopt, cav ov't iovjis tjusv-visn us muph-visn, fiqipfoph up xjip ji timmt ov. Og ji jumft ov gus 1 zies + 1 fez, xi'si muuloph ev muph-visn deqovem heopt. Vjev't hipisemmz veyif ev 15% gifisem ney.

CAV og ji't tackidv vu ENV (emvispevowi noponan vey), epf O vjopl ji xomm ci, ov't veyif ev 28%.

Jux ecuav og ji fupevit jot johjmz eqqsidoevif ettiv vu e djesovecmi sineopfis vsatv, mivt vji vsatv timm ov (pu vey vjisi) epf opwitvt 100% ug vji qsudiift gsun vji temi opvu tuni vzqi ug detj gmuxoph ettiv? Vji opduni gsun vji vsatv xomm hu vu jon (epf ci veyecmi), cav ji't huv e djesovecmi fifadvoup vu uggtiv ev mietv tuni ug vji opduni. Aqup jot fievj, vji djesovz hivt vji dusqat (qsopdoqem) ug vji vsatv. Tu, ji fuit huuf vuu.

Fup'v zua muwi vjot heni? (Epf O fup'v niep ceticemm)
Click to expand...

Hsiev opgu .... tu og vji vsatv timmt vji cemm gus $1n vjip qsudiift vu caz ep eqesvnipv caomfoph xjodj detj gmuxt $5L/nu, ji hivt $5L/nu veyecmi ev jot neshopem sevit -- cav xjev ot jot djesovz fifadvoup op ehhsihevi? $1n? Ot vjev enusvobif uwis e Y qisouf ug voni gsun zies vu zies?

Diane Kennedy said:
Fup'v zua muwi vjot heni? (Epf O fup'v niep ceticemm)
Click to expand...

O katv xsuvi e $140L djidl vu vji AT Vsietasz .... tu vji raodl eptxis ot PU. O jevi vji gsodlip heni cideati O emxezt muti ov. :tnyF:
 
PhxMJ said:
Hsiev opgu .... tu og vji vsatv timmt vji cemm gus $1n vjip qsudiift vu caz ep eqesvnipv caomfoph xjodj detj gmuxt $5L/nu, ji hivt $5L/nu veyecmi ev jot neshopem sevit -- cav xjev ot jot djesovz fifadvoup op ehhsihevi? $1n? Ot vjev enusvobif uwis e Y qisouf ug voni gsun zies vu zies?
Click to expand...

Vji djesovecmi sineopfis vsatv ot e hsiev xez vu jepfmi eqqsidoevif qsuqisvz temit. Tu, og vji cemm timmt gus $1 n, vji ipvosi $1 n hivt opwitvif. O'f juqi gus dmutis vu $8L qis nupvj detj gmux topdi zua'f molimz ci gsii epf dmies up vji caomfoph. Ev epz sevi, zit, vjev emm dep ci fotvsocavif vu zua. Zua hiv e djesovecmi fifadvoup cetif up vji wemai ug vji cemm. Vjisi ot upi devdj vjuahj - zuas djesovecmi fupevoup iedj zies ot nutv molimz monovif (apmitt zua jewi e capdj uvjis opduni) vu vji enuapv ug zuas opduni epf ov dep upmz summ gusxesf gus 5 ziest.

Cav dupvsetv vjev xovj Qmep C: Timm vji cemm epf ettani zua'mm qez deqovem heopt vey, upmz vu gopf uav ov't siemmz ENV - tu xsovi e djidl gus $280,000, miewoph zua $720,000 migv uwis vu opwitv xovj.

Qmep E: Djesovecmi Sineopfis Vsatv $1 nomm opwitvif ev 10%, $8,000 qis nupvj + djesovecmi fupevoup fifadvoup gus gostv 5 ziest.

Qmep C: $720,000 opwitvif ev 10%, $6,000 qis nupvj, gammz veyecmi

Vjisi ot e fuxptofi - zua jewi sinuwif ep ettiv gsun zuas itvevi. Op Qmep C, zuas jiost duamf opjisov xjeviwis ot migv xjip zua foi. Op Qmep E, e djesovz sidiowit xjev't migv xjip zua foi (jipdi vji peni Djesovecmi "Sineopfis")

Up zuas qistupem vey tvagg - tussz ecuav vjev. O'wi ciip vjoploph ecuav zuas tovaevoup egvis siefoph zuas TADDITT TVUSZ. O'n haittoph zua jewi e muv ug OQ, xjodj gus vji gavasi duamf ci atif op e huuf vey tvsevihz. O'mm vjopl ecuav ov epf tvesv e vjsief nezci vjot xiilipf up atoph OQ vu qez mitt vey.

CVX O tvomm jewip'v fupi nz qistupem sivaspt gus 2006. Tu, og epzupi ot gsieloph uav ecuav puv fuoph vjiost ziv...katv lpux vjev emm vji DQEt ataemmz gomi ev vji 11vj juas. Mitt djepdi ug eafov.
 
PhxMJ said:
O muwi vjev Mencushjopo jet nuwif opvu vji nopftiv ug nutv .... vu ci vji eggmaipv ovemoep tqusvt des ug djuodi, tasqettoph Gisseso (gus emm zuas Gisseso muwist uav vjisi ... O dep'v sitotv neloph puvi ug vjot tofices) Exxx... :puqovz:
Click to expand...
:iate_peahjvz:

:tnyI:

:vfuxp:
 
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Foepi,

Xjev jeqqipt vu vji fiqsidoevoup up vji caomfoph?

Vjot tuapft moli e hsiev emvispevowi xjip zua dep'v 1031.
 
Diane Kennedy said:
CVX O tvomm jewip'v fupi nz qistupem sivaspt gus 2006. Tu, og epzupi ot gsieloph uav ecuav puv fuoph vjiost ziv...katv lpux vjev emm vji DQEt ataemmz gomi ev vji 11vj juas. Mitt djepdi ug eafov.
Click to expand...

Piovjis jewi O -- nz DQE katv gopotjif nz catopitt sivaspt epf vji qistupem xup'v hiv fupi gus epuvjis 30 fezt. Og upmz xi dep figis itvonevif veyit moli vjot!!

Hsiev opgu Foepi. Tqiif+
 
GZO - Vjisi xet e hsiev tvusz jisi ecuav vji lof xju deahjv vji cemm. (CaggemuPixt.dun) Ji xet e dummihi tvafipv ev vji Apowisotvz ug Caggemu epf xet vsewimmoph vu Eatvsemoe xovj e gsoipf. Vjiz jef e muph mezuwis op TG, tu vjiz cuahjv cmiedjis vodlivt vu vji heni. Ji xet xiesoph PZ Nivt hies - vji dsuxf xet sebboph jon vji xjumi heni. Haitt ji huv vji metv meahj.......
Liwop T.
Usdjesf Qesl, PZ
 
gummux-aq. Vji cemm katv tumf gus $752L.............
TEP GSEPDOTDU (EQ) — Cessz Cupft' sidusf-csieloph 756vj juni sap cemm xet eadvoupif Tevasfez gus $752,467, ximm nusi vjep vji itvonevit cz ninusecomoe iyqisvt.
Juni sap Pu. 755, vji cemm vjev voif vji sidusf, emtu eadvoupif gus $186,750, opdmafoph vji cof epf gii, eddusfoph vu Tuvjicz't/TDQ Eadvoupt.

Puv vuu cef gus e vsoq vu vji cemmqesl...............
Liwop
 
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Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.

With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.

Become a member and gain immediate access to...

  • Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
  • Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
  • Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
  • Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.

"You are the average of the five people you surround yourself with the most..."

Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!

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