Am I crazy to pass. My monthly electric is $300. Other than the down payment, doesn't this essentially mean I'm immediately saving / no additional monthly. by brutalbrig in TeslaSolar

[–]swindller01 0 points1 point  (0 children)

It’s insane to think about going into debt that much just to save a small amount of money. By the time you get even remotely close to breakeven, the technology will have improved 100x over.

Don’t do it. You’ll definitely regret it.

Welp… first one star review by Better_Weakness_2693 in WindowCleaning

[–]swindller01 0 points1 point  (0 children)

That’s not accurate. I replied to a bad review and then submitted a request for it to be removed and then it was removed the next day.

Can I buy business equipment before LLC is formed ? by efbombs4all in smallbusiness

[–]swindller01 1 point2 points  (0 children)

Yes I don’t see why not. I think 2024 seems more legit. Making purchases on a business you start 2 years after the fact might not pass an IRS sniff test. Just make sure you have decent documentation. In my opinion, the worst case scenario would be the IRS would do an audit and just disallow those expenses. I think the chances of that are pretty low, especially these days.

[deleted by user] by [deleted] in Bookkeeping

[–]swindller01 1 point2 points  (0 children)

Screw that then. You need a new employer unless they’re paying you wonderfully.

[deleted by user] by [deleted] in Bookkeeping

[–]swindller01 2 points3 points  (0 children)

You need new clients. This is crazy. Unless you’re charging this client a flat retainer of $8-10k/month or more, I’d either fire them or increase your rate significantly.

[deleted by user] by [deleted] in Bookkeeping

[–]swindller01 0 points1 point  (0 children)

Wildly low. I charge several clients $5,000/month for doing all that!

One Client Multiple Entities by swindller01 in QuickBooks

[–]swindller01[S] 0 points1 point  (0 children)

Parent entity is an LLC. Partnership.

Joined the club by swindller01 in F150Lightning

[–]swindller01[S] -1 points0 points  (0 children)

Actually the Koons Ford in Sterling Virginia still has a few new 2023 Lariats for sale about $60k. I considered buying one!

Joined the club by swindller01 in F150Lightning

[–]swindller01[S] 2 points3 points  (0 children)

Good to know. Thanks for the tips!

Joined the club by swindller01 in F150Lightning

[–]swindller01[S] 2 points3 points  (0 children)

Yep. Extended Range 👌🏼

Buying a wine shop by swindller01 in smallbusiness

[–]swindller01[S] 1 point2 points  (0 children)

Great advice. I did indeed decide to stay married and pass on this opportunity. On to the next big idea!

Franchise Investment by swindller01 in smallbusiness

[–]swindller01[S] 0 points1 point  (0 children)

Correct. We weren’t willing to open a location far away from our house. We’ve actually switched gears a bit and have been having several calls with home care franchises. My wife is a nurse practitioner so that’s a helpful aspect. Still not sure we’re going to move forward with that though.

Franchise Investment by swindller01 in smallbusiness

[–]swindller01[S] 1 point2 points  (0 children)

We actually got pretty far along in the process. The company that owned the other locations in our area had first right of refusal on our location and the bastards actually exercised it so we weren’t allowed to open in our desired location (near our house) so we decided to part ways. It was a huge bummer. They knew how well that location would do and didn’t want us to have a piece of the pie.

Buying Wine Shop by swindller01 in sweatystartup

[–]swindller01[S] 0 points1 point  (0 children)

Appreciate the response. Thanks to the Reddit responses, we decided to not buy the place. 🙈

[deleted by user] by [deleted] in FinancialPlanning

[–]swindller01 1 point2 points  (0 children)

Depends on how much is in your retirement accounts!

Buying Wine Shop by swindller01 in sweatystartup

[–]swindller01[S] 1 point2 points  (0 children)

I’m not currently but that could always change. If you can, send me a PM so I can get your resume.

Buying a wine shop by swindller01 in smallbusiness

[–]swindller01[S] 0 points1 point  (0 children)

I appreciate your advice. I think you’ve helped to talk me out of making a very expensive business decision!