A limited liability company (LLC) operating agreement is an important document that every LLC should consider creating. In fact, in some states, this agreement is required to do business. When creating your LLC operating agreement, be sure to include the following information: 9 Elements of an LLC Operating Agreement Business
I Liquidated My IRA–and Why You Should Too! I established my Roth TSP as soon as I could after I joined the Army (for those non-federal employees, a TSP is a retirement account, the equivalent to a 401(k) or other IRA). I educated myself and immediately moved my allocations from
3 Tips for Visualization as a Real Estate Investor Visualization techniques are practiced by successful people who know their desired outcomes and strive to achieve them. Many achievers consider visualization a superpower. Visualization helps them to create their dream lives by fulfilling their goals and tasks. These goals are completed
Complete Small Business Guide: Small businesses are anything but small; they make up the vast majority of the global economy, support hundreds of thousands of families, and have a major impact on the financial stability of every country in the world. That said, small businesses can also make a difference
Should You Buy Term Life Insurance & Invest the Difference? If you’ve done even a little research on the pros and cons of Term Life Insurance and Whole Life insurance, you’ve almost certainly come across the phrase “Buy term, invest the difference.” The basic premise is that term insurance is
How to Attract Top Quality Tenants in a Tough Real Estate Market One of the keys to real estate investing success, whether you are investing in commercial or residential properties, is acquiring and retaining top-quality tenants. These are the people that will take care of the property, the people who
Why You Should Meditate As an Investor and How to Get Started Often, you come across references focusing on meditation for real estate investing. Even Steve Jobs, the late co-founder and CEO of Apple attributed much of his career success to meditation that boosted his perception and intuition in creativity.
What is a Generational Wealth Plan? When you ask most people why they work so hard to increase their net worth and gain financial independence, they almost always answer something to the effect of- “I want the freedom to spend time with my family” or “I don’t want my kids
Forming a business can involve many complex considerations. The entity structure will impact how owners get paid, how they are taxed, and which set of regulations to follow. State and local laws will also affect the process by determining which licenses, permits, and registrations are required. If you’re interested in
Have you ever asked yourself if you are doing what you really want with your life during your working hours? After all, we spend a good chunk of our lives earning a living, but apparently, many of us do not do a very good job. Many Americans are working longer
Financial freedom for those who serve.
© Active Duty Passive Income LLC | All Rights Reserved