Represented a former employee of a Fortune 500 company who was fired few weeks after returning from disability leave. She had a great case but she missed the deadline to file a disability discrimination claim. We threw the kitchen sink and the company settled the case before the trial. I told her we got lucky. She said I know.
If you were wrongfully terminated, don’t sit on your case. It might cost you another paycheck! 💰⚖️ #lawsuitsandmore#civillawsuit#lawyerup#wrongfultermination#lawyer#paycheck
Add up the time spent in each real estate activity in which the client materially participates to see if he can meet the tax-law guidelines explained in detail following this section.
*To successfully negotiate Step 2, the client must now meet the tax-law definition of a real estate professional. She/he qualifies as a real estate professional if:
1. She/he spends over 50 percent of the time she/he devotes to performing personal services (in other words, working) during the year in real property activities in which she materially participates; and
2. She/he spends over 750 hours performing personal services in real property activities in which she materially participates.
For this purpose, personal services in real estate activities mean any work (other than in a capacity as an investor), including management work in rental real estate activities (Reg. 1.469-9(b)(4) and (e)(3)(ii)).
*If the client is married, either she or her spouse (or both) must independently pass both of the preceding tests (IRC Sec. 469(c)(7)(B) and Reg. 1.469-9(c)(4)). In other words, spouses cannot combine their hours for purposes of passing the 50 percent test or the 750-hour test under this Step 2. (As explained earlier, however, spouses are allowed to combine their hours in attempting to pass the material participation tests in Step 1.). However, as long as the married file jointly, it only takes one qualifying spouse to be eligible for the real estate professional exception on the couple's joint return.
Continued on next picture.
2 3346 hours ago
It’s a happy, happy Friday over here because I’m finally able to share Morgan Kellow Adams’ #diamonddoc with all of you🙌🏼 & trust me .... you’re gonna want to watch it, but grab a tissue first!☺️ I’m SO blessed to know this lady, have her on my team & call her my friend!❤️ If you know her, you L-O-V-E her! #heartofgold#genuine#peoplelover#Godlywoman She’s one of those people who make you want to be a better person & to me that is something special!🤗
.... continued in comments 👇🏼
6 496 hours ago
Evaluate each real estate activity in which your client is involved to see if he materially participates in any of them. Include all rental properties (treat each as a separate activity), and be sure to consider any development, redevelopment, construction, reconstruction, acquisition, conversion, operation, management, leasing, or brokerage activities in which the client is involved (IRC Sec. 469(c)(7)(C) and Reg. 1.469-9(b)(2)).
*The client is considered to materially participate if she can pass any of the following three tests for a particular real estate activity.
1. The client spends over 500 hours annually in the activity.
2. The client spends over 100 hours in the activity, and no one else (including nonowners) spends any more time than she does.
3. The client sends all the time substantially that anyone (including nonowners) contributes to the activity.
If the client is married, she/he can combine time spent by her and her spouse in attempting to pass these tests (IRC Sec. 469(c)(7) (b) and Temp. Reg. 1.469-5T(f)(3)). For purposes of this Step 1, treat each rental real estate property as a separate activity (Reg. 1.469- 9(e)). Continued on next picture.
😮💰’The plan drew criticism from consumer advocates, who called it "mandatory wage garnishment. For borrowers with tight budgets that need to be navigated on a monthly basis, forced automatic payroll withholding may mean diverting money away from rent, heat or food in order to pay their student loans," reads a report by the National Consumer Law Center. The changes could affect some 40 million people.
Under Alexander's proposal, there would be only two student loan repayment routes: one in which borrowers' monthly bills are capped at 10 percent of their discretionary income and another that spreads their payments out over a decade. Employers would be responsible for taking the funds from their employees' paychecks and sending them to the government.’
"I think this proposal is likely to become law, after some tweaks," said Mark Kantrowitz, a student loan expert.
“Semper Fi”. It means always faithful and saying it is expressing/exchanging your sentiment for the Corps. Semper Fidelis is a Latin phrase that means "always faithful" or "always loyal". It is the motto of the United States Marine Corps usually shortened to Semper Fi.
If you see me walking around your high school, feel free to say hello and learn more about what I do. 🇺🇸🇺🇸
On the plus side for today, I totally forgot what day it is, so I was pleasantly surprised when I opened my email ❤️ This company has truly been life changing, and I still am in shock that I’m able to bring in an income all from my smartphone 📲
I only have a couple more mentor spots open on my team, so if you have ever wanted to work from your phone and make a full time income, now is the perfect time to join ✨
Comment below, send me a private message, or text “opportunity” to 765.418.3058 to learn more 😍
Get paid today. Don’t put it off. Don’t brush it aside. Whoever owes you-collect. Whatever deal you’re working on, close today. If you just need help- go and get that help.
Take a leap today and close that gap on your cash flow.
And, as always, if you’re the victim of a personal injury claim and have an attorney working on your case, call me. Let me get you your $$$$$$$ RIGHT NOW.
We work hard for every dollar that comes into to our bank.
The last thing we want to do is to let go of it easily.
That is why we budget. We budget every penny. There’s nothing more frustrating that not knowing where our money goes or giving it up easily.
We find that when we make our money work hard too, we actually get more out of it. More bang for our buck so to speak.
Learning how to stretch our money like this has been one of the most valuable lessons on our #debtfreejourney. As we progress toward being #debtfree and growing wealth we truly hope we unearth new lessons that will frustrate us because we didn’t know it before.
Last paycheck of the year...
I debated for awhile if I wanted to make this post. It wasn’t for the reason that I didn’t want to share my income, that doesn’t bother me at all. It was because I didn’t want it to come off the wrong way. The reason I said fuck it and decided to make this post anyway is because my entire goal is to Bring Respect Back To The Blue Collar. I want to show our younger generations that you CAN make great money doing what you love. You CAN make great money in the skilled trades that society has frowned upon for decades. This actually wasn’t my best year, I was down from the last few years but I still can’t complain. I work mon-fri 6am-4ish and I enjoy what I do.
No this isn’t a fluke, I’ve been in the 6 figures for 8 years now BUT, don’t think this shit comes easy. It took me years of busting my ass and working much longer hours to develop the skills and knowledge I have now. It’s NOT easy, but nothing great in life comes easy.
Not only do you have to develop the knowledge and skills to perform the job but you also have to get in with a great company that is willing and able to pay their employees well. Every business is different and it is YOUR responsibility to find a company that fits you and your goals. If you aren’t happy, don’t try to change them, that never works out well, change who you work for. Remember, your life, your career, your income is 100% YOUR responsibility. Now go make 2019 your best year yet!