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Finished 2017 tax projections: netted $1.326 mil (CSLG)

I just finished doing my law firm books for 2017 and I nette...
alcoholic mildly autistic organic girlfriend ladyboy
  12/15/17
180 bro! You deserve it!
tan curious church building french chef
  12/15/17
You're still young! You can make it at any age!
onyx fear-inspiring main people
  12/16/17
Coppin' the right kind of investment RE will possibly let yo...
umber razzmatazz tanning salon azn
  12/15/17
Introducing the XO winery: Chateau 180.
know-it-all comical rehab legal warrant
  12/15/17
...
Awkward Trip Cuck Becky
  12/15/17
There was a thread a few months ago where we were talking ab...
startled walnut fat ankles hairy legs
  12/15/17
Hard Fork Cider (a subsidiary of Crypto Gainz LP)
know-it-all comical rehab legal warrant
  12/15/17
That just sounds like 4 loko in cider form. This was more li...
startled walnut fat ankles hairy legs
  12/15/17
Interesting idea re ice wine. I'd think it would be, mechani...
know-it-all comical rehab legal warrant
  12/15/17
I am guessing there is an issue b/c apples are denser and ha...
startled walnut fat ankles hairy legs
  12/15/17
Yeah. Apparently I've been having the TTT overly sweet kind....
know-it-all comical rehab legal warrant
  12/15/17
Cali Dunkin Donuts Guru
startled walnut fat ankles hairy legs
  12/15/17
Biz. development deduction? Asset that generates impairment ...
know-it-all comical rehab legal warrant
  12/15/17
The biggest issue is that I keep my overhead extremely low. ...
alcoholic mildly autistic organic girlfriend ladyboy
  12/15/17
That party you threw alone you had to hire the MC who charge...
know-it-all comical rehab legal warrant
  12/15/17
Lol. My party was about $3,000 with everything. My friend ow...
alcoholic mildly autistic organic girlfriend ladyboy
  12/15/17
I'm hoping for between 750 and 1 mil next year. Congrats. Ru...
Indecent aggressive volcanic crater locale
  12/15/17
Good luck. What city are you in? If LA who is the mediator? ...
alcoholic mildly autistic organic girlfriend ladyboy
  12/15/17
not Cali but Federal Court.
Indecent aggressive volcanic crater locale
  12/15/17
180
Sinister Death Wish
  12/15/17
set up a home office (so dont pay off your house) and deduct...
impertinent national security agency coffee pot
  12/15/17
Too late, I paid off my mortgage in March. I already deduct ...
alcoholic mildly autistic organic girlfriend ladyboy
  12/15/17
Make your next property your home office Can also deduct ...
impertinent national security agency coffee pot
  12/15/17
What does pre-litigation mean here, without having to file s...
Odious market knife
  12/15/17
Yes, without a lawsuit.
alcoholic mildly autistic organic girlfriend ladyboy
  12/15/17
Moving to TX fixes state income tax, and has lower COL as we...
Awkward Trip Cuck Becky
  12/15/17
But I would have no income. I guess I could just retire with...
alcoholic mildly autistic organic girlfriend ladyboy
  12/15/17
Pro tip: do not under any circumstances move to Austin
Naked Base
  12/15/17
Why not?
alcoholic mildly autistic organic girlfriend ladyboy
  12/15/17
Buncha shitlibs and weird ass people. Also higher COL than e...
Awkward Trip Cuck Becky
  12/15/17
...
fiercely-loyal primrose messiness scourge upon the earth
  12/16/17
nah wait awhile before moving. but do it eventually. Guns, l...
Awkward Trip Cuck Becky
  12/15/17
I would never move from LA. My house is paid off and I'll ha...
alcoholic mildly autistic organic girlfriend ladyboy
  12/15/17
eh, fair enough. Like LA in general?
Awkward Trip Cuck Becky
  12/15/17
I live in the San Fernando Valley. I hate the actual city. T...
alcoholic mildly autistic organic girlfriend ladyboy
  12/15/17
Jesus. Keep your voice down. Earl might hear you.
Opaque supple trump supporter ratface
  12/15/17
...
Nubile Bespoke Casino
  12/16/17
And probably crushes the income. Isn't California plain...
Odious market knife
  12/15/17
Best state in the nation for PI.
alcoholic mildly autistic organic girlfriend ladyboy
  12/15/17
YNY get that hustle congrats
Territorial jade garrison karate
  12/15/17
how many solos do you know who have just flamed out of the p...
contagious clown
  12/15/17
I know several who flamed out and ended up as an associate s...
alcoholic mildly autistic organic girlfriend ladyboy
  12/15/17
Why do you think they did shitty work? Lack of responsivene...
Unhinged Mental Disorder Police Squad
  12/15/17
Both.
alcoholic mildly autistic organic girlfriend ladyboy
  12/15/17
180, congrats.
Awkward Trip Cuck Becky
  12/15/17
holy shit congrats
hairless rusted heaven corn cake
  12/15/17
180 man
saffron temple
  12/15/17
Can you ask your CPA about paying your 2018 estimated CA sta...
embarrassed to the bone hall goal in life
  12/15/17
I actually JUST did that right now. I paid 130K for 2018 lit...
alcoholic mildly autistic organic girlfriend ladyboy
  12/15/17
180!
embarrassed to the bone hall goal in life
  12/15/17
Love hearing about the practice bro. I am sure you have addr...
misunderstood glassy windowlicker depressive
  12/15/17
Summered at a big firm 2L year. Hated it and got no offered ...
alcoholic mildly autistic organic girlfriend ladyboy
  12/15/17
What moment in your legal career are you most proud of? Some...
misunderstood glassy windowlicker depressive
  12/15/17
I settled a case for a bit over 2 million for a widow whose ...
alcoholic mildly autistic organic girlfriend ladyboy
  12/15/17
Incredible. Must have felt almost as good as when I caught t...
misunderstood glassy windowlicker depressive
  12/15/17
...
peach aromatic black woman
  12/15/17
...
topaz razzle roommate
  12/15/17
...
Unhinged Mental Disorder Police Squad
  12/15/17
...
vibrant aquamarine sneaky criminal shrine
  12/15/17
...
Appetizing Turquoise House
  12/15/17
...
confused immigrant chapel
  12/15/17
...
bistre locus pervert
  12/15/17
...
federal business firm place of business
  12/15/17
...
duck-like bearded theatre feces
  12/16/17
...
hairless rusted heaven corn cake
  12/16/17
...
Infuriating Razzle-dazzle Crackhouse
  12/16/17
...
Excitant ticket booth
  12/17/17
...
crusty bawdyhouse
  04/09/18
...
Galvanic whorehouse
  04/09/18
180
federal business firm place of business
  12/15/17
Congrats on the success, mang.
topaz razzle roommate
  12/15/17
Nice bro!
Painfully honest jap
  12/15/17
...
fiercely-loyal primrose messiness scourge upon the earth
  12/15/17
What sort of RE are you looking to buy? Are you looking to ...
embarrassed to the bone hall goal in life
  12/15/17
Multifamily and NNN commercial. Cap rates suck right now but...
alcoholic mildly autistic organic girlfriend ladyboy
  12/15/17
congratulations bro
peach aromatic black woman
  12/15/17
180, congrats.
Laughsome theater
  12/15/17
Damn, nice.
Cheese-eating circlehead degenerate
  12/15/17
Send our new shitfirm cases
Unhinged Mental Disorder Police Squad
  12/15/17
DESCRIBE your billable rate.
Odious market knife
  12/15/17
I will. Do you already know who I am, or would this out me?
Cheese-eating circlehead degenerate
  12/15/17
I have no clue who you are but I've met 10 xo poasters and w...
Unhinged Mental Disorder Police Squad
  12/15/17
180.
passionate keepsake machete
  12/15/17
180
boyish doctorate water buffalo
  12/15/17
what does your CRYPTOCOIN PORTFOLIO look like
insane stain orchestra pit
  12/15/17
3 BTC and 25 ETH. Not a lot but my basis is like 15K. I ...
alcoholic mildly autistic organic girlfriend ladyboy
  12/15/17
180
confused immigrant chapel
  12/15/17
Excellent work man! I'm a solo that does some PI, and I real...
Motley blue institution
  12/15/17
180 friend. have you thought about buying up some residen...
slippery ebony lettuce piazza
  12/15/17
so you "netted" 765K
Chartreuse cruise ship
  12/15/17
"nutted" http://autoadmit.com/thread.php?thread...
Insanely creepy library
  12/15/17
Next year you have to make a lot more to net the same amount...
Insanely creepy library
  12/15/17
Pass through income may be taxed at 20% next year. I would p...
alcoholic mildly autistic organic girlfriend ladyboy
  12/15/17
last i heard the 20% break is not available for service prof...
Excitant ticket booth
  12/15/17
Yep Edit: 315k now
Transparent Multi-colored Range Elastic Band
  12/16/17
incredible and you deserve it for your hustle. congrats.
fragrant hunting ground selfie
  12/15/17
180
federal business firm place of business
  12/15/17
you need a better CPA if he's not suggesting tax strategies....
Excitant ticket booth
  12/15/17
Give me some ideas. I read a lot about taxes and it seems li...
alcoholic mildly autistic organic girlfriend ladyboy
  12/16/17
Anyone?
alcoholic mildly autistic organic girlfriend ladyboy
  12/16/17
Captive insurance. Deduct premium you pay to your own insur...
adventurous stead
  12/16/17
How much can I dump into that in a year?
alcoholic mildly autistic organic girlfriend ladyboy
  12/16/17
1.2 million or something like that. Need to hire a reputabl...
adventurous stead
  12/16/17
Interesting, I'll look into that. Thanks.
alcoholic mildly autistic organic girlfriend ladyboy
  12/16/17
There's a financial guy I know in LA that probably does it o...
adventurous stead
  12/16/17
calishitlawguru@gmail.com. Really appreciate this brother...
alcoholic mildly autistic organic girlfriend ladyboy
  12/16/17
...
alcoholic mildly autistic organic girlfriend ladyboy
  12/16/17
Let me check with him first and get back to you. Probably to...
adventurous stead
  12/16/17
Notice to any poasters who may find this subthread while con...
navy address
  04/01/18
Pouring money into real estate sounds exhausting
Transparent Multi-colored Range Elastic Band
  12/16/17
There aren't that many places to pour money into for passive...
alcoholic mildly autistic organic girlfriend ladyboy
  12/16/17
No doubt. Just seems like a fuckton of work for the near fut...
Transparent Multi-colored Range Elastic Band
  12/16/17
How did you build your PI practice without marketing brother...
Narrow-minded Hospital
  12/16/17
1. Be friendly to everyone you meet, let them know what you ...
alcoholic mildly autistic organic girlfriend ladyboy
  12/16/17
This is all credited advice whether you are shitlaw or bigla...
Transparent Multi-colored Range Elastic Band
  12/16/17
Do your solo friends give you referral fees? I know some big...
alcoholic mildly autistic organic girlfriend ladyboy
  12/17/17
They would but Firm does not allow referral fees unless we a...
Transparent Multi-colored Range Elastic Band
  12/17/17


Poast new message in this thread



Reply Favorite

Date: December 15th, 2017 11:20 AM
Author: alcoholic mildly autistic organic girlfriend ladyboy

I just finished doing my law firm books for 2017 and I netted $1,326,000. Any settlements the last couple weeks of the year will be pushed to 2018, so this is pretty much it for this year. Here is summary of my taxes:

According to my CPA here is my breakdown:

765K after taxes

136K to state income tax

425K to federal income tax

Firm Statistics

Total files: 283

Files in litigation: 41

Settlement: 85.5% of cases settle prelit

New files per month: 25-30

I paid off my house earlier this year. Our plan right now is to max out my SEP (54K) and my wife's 401K (18K) (which we have already been doing for years), and everything left above 100K (for a buffer) will be used to buy real estate. Wife works in-house as a lawyer and makes 120K + plus a 5-10K bonus.

It's kind of crazy how much I pay in taxes, but I feel like I do all the deductions I can without exposing myself to significant liability if audited. Although open to ideas (I already write off property tax, retirement, child care, health savings account, one business vehicle, cable, auto insurance, cell phone, new computers, office improvements, a reasonable amount of travel/meals/entertainment for business, etc).

Taking questions.

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34926680)



Reply Favorite

Date: December 15th, 2017 1:08 PM
Author: tan curious church building french chef

180 bro!

You deserve it!

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34927519)



Reply Favorite

Date: December 16th, 2017 11:40 AM
Author: onyx fear-inspiring main people

You're still young! You can make it at any age!

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34934570)



Reply Favorite

Date: December 15th, 2017 11:23 AM
Author: umber razzmatazz tanning salon azn

Coppin' the right kind of investment RE will possibly let you use depreciation and other stuff to your advantage and shield more $ from taxes

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34926704)



Reply Favorite

Date: December 15th, 2017 11:24 AM
Author: know-it-all comical rehab legal warrant

Introducing the XO winery: Chateau 180.

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34926715)



Reply Favorite

Date: December 15th, 2017 11:33 AM
Author: Awkward Trip Cuck Becky



(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34926807)



Reply Favorite

Date: December 15th, 2017 11:40 AM
Author: startled walnut fat ankles hairy legs

There was a thread a few months ago where we were talking about doing an artisinal cider business.

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34926851)



Reply Favorite

Date: December 15th, 2017 11:42 AM
Author: know-it-all comical rehab legal warrant

Hard Fork Cider (a subsidiary of Crypto Gainz LP)

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34926867)



Reply Favorite

Date: December 15th, 2017 11:44 AM
Author: startled walnut fat ankles hairy legs

That just sounds like 4 loko in cider form. This was more like taking the brix of the apples so that they are harvested at the right time, having different varietals, aging in French Oak.

I wonder if it is possible to make an ice wine like thing with apples.

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34926881)



Reply Favorite

Date: December 15th, 2017 11:45 AM
Author: know-it-all comical rehab legal warrant

Interesting idea re ice wine. I'd think it would be, mechanism should be the same. Wonder how it would compare to Lambic beer.

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34926899)



Reply Favorite

Date: December 15th, 2017 11:47 AM
Author: startled walnut fat ankles hairy legs

I am guessing there is an issue b/c apples are denser and have lower surface area/volume than grapes. But you could just take the mash and freeze it in a factory.

Lambic beer is just stuff brewed with wild lactobacteria, right?

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34926909)



Reply Favorite

Date: December 15th, 2017 11:49 AM
Author: know-it-all comical rehab legal warrant

Yeah. Apparently I've been having the TTT overly sweet kind.

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34926923)



Reply Favorite

Date: December 15th, 2017 12:05 PM
Author: startled walnut fat ankles hairy legs

Cali Dunkin Donuts Guru

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34927036)



Reply Favorite

Date: December 15th, 2017 11:23 AM
Author: know-it-all comical rehab legal warrant

Biz. development deduction? Asset that generates impairment losses? Take whatever you think reasonable meals etc. are and triple those deductions?

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34926707)



Reply Favorite

Date: December 15th, 2017 11:27 AM
Author: alcoholic mildly autistic organic girlfriend ladyboy

The biggest issue is that I keep my overhead extremely low. I usually do like one nice meal a month with friends and my wife which is business development ($500+). I don't really spend money on biz dev lol.

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34926751)



Reply Favorite

Date: December 15th, 2017 11:29 AM
Author: know-it-all comical rehab legal warrant

That party you threw alone you had to hire the MC who charges a high hourly rate I hear, get the venue catering etc.

BTW congrats on the fantastic year, here's to another '18.

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34926777)



Reply Favorite

Date: December 15th, 2017 11:32 AM
Author: alcoholic mildly autistic organic girlfriend ladyboy

Lol. My party was about $3,000 with everything. My friend owns the laser tag facility (I've been playing there since 95) and basically let me rent out the place at cost ($850). The majority of the money was spent tipping the girls who work there ($140/each), buying food ($1,300), and doing my raffle ($600).

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34926797)



Reply Favorite

Date: December 15th, 2017 11:24 AM
Author: Indecent aggressive volcanic crater locale

I'm hoping for between 750 and 1 mil next year. Congrats. Running between 150-175 cases. Significantly lower pre-lit settlement %. Mediating my biggest case ever this pm, which will count towards next year.

Qs: What helped make the jump from ~100-150 cases to where you are now? I've kind of plateau'd where I am.

Do you have an associate? How much support staff? What do you pay them?

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34926726)



Reply Favorite

Date: December 15th, 2017 11:28 AM
Author: alcoholic mildly autistic organic girlfriend ladyboy

Good luck. What city are you in? If LA who is the mediator? I have several 7 figure cases in my pipeline that should settle next year.

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34926770)



Reply Favorite

Date: December 15th, 2017 12:03 PM
Author: Indecent aggressive volcanic crater locale

not Cali but Federal Court.

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34927017)



Reply Favorite

Date: December 15th, 2017 11:25 AM
Author: Sinister Death Wish

180

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34926735)



Reply Favorite

Date: December 15th, 2017 11:25 AM
Author: impertinent national security agency coffee pot

set up a home office (so dont pay off your house) and deduct that plus util, internet, commuting, etc.

will not be a huge number but every little bit helps

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34926737)



Reply Favorite

Date: December 15th, 2017 11:28 AM
Author: alcoholic mildly autistic organic girlfriend ladyboy

Too late, I paid off my mortgage in March. I already deduct my internet, cell phone, car, etc.

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34926758)



Reply Favorite

Date: December 15th, 2017 12:05 PM
Author: impertinent national security agency coffee pot

Make your next property your home office

Can also deduct electricity, garbage etc

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34927037)



Reply Favorite

Date: December 15th, 2017 11:31 AM
Author: Odious market knife

What does pre-litigation mean here, without having to file suit at all?

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34926786)



Reply Favorite

Date: December 15th, 2017 11:32 AM
Author: alcoholic mildly autistic organic girlfriend ladyboy

Yes, without a lawsuit.

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34926800)



Reply Favorite

Date: December 15th, 2017 11:32 AM
Author: Awkward Trip Cuck Becky

Moving to TX fixes state income tax, and has lower COL as well...

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34926802)



Reply Favorite

Date: December 15th, 2017 11:34 AM
Author: alcoholic mildly autistic organic girlfriend ladyboy

But I would have no income. I guess I could just retire with 3 million to Austin, but I would rather live in LA. All my family and friends live here.

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34926812)



Reply Favorite

Date: December 15th, 2017 11:39 AM
Author: Naked Base

Pro tip: do not under any circumstances move to Austin

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34926839)



Reply Favorite

Date: December 15th, 2017 11:40 AM
Author: alcoholic mildly autistic organic girlfriend ladyboy

Why not?

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34926850)



Reply Favorite

Date: December 15th, 2017 11:41 AM
Author: Awkward Trip Cuck Becky

Buncha shitlibs and weird ass people. Also higher COL than elsewhere, and has shitty city gov.

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34926863)



Reply Favorite

Date: December 16th, 2017 9:22 AM
Author: fiercely-loyal primrose messiness scourge upon the earth



(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34933965)



Reply Favorite

Date: December 15th, 2017 11:41 AM
Author: Awkward Trip Cuck Becky

nah wait awhile before moving. but do it eventually. Guns, land, low COL.

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34926854)



Reply Favorite

Date: December 15th, 2017 11:42 AM
Author: alcoholic mildly autistic organic girlfriend ladyboy

I would never move from LA. My house is paid off and I'll have 10 million in investable assets by the time I'm 40. I can just stay here and stop working in 6 years.

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34926871)



Reply Favorite

Date: December 15th, 2017 11:44 AM
Author: Awkward Trip Cuck Becky

eh, fair enough. Like LA in general?

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34926878)



Reply Favorite

Date: December 15th, 2017 11:51 AM
Author: alcoholic mildly autistic organic girlfriend ladyboy

I live in the San Fernando Valley. I hate the actual city. Too crowded and parking sucks.

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34926930)



Reply Favorite

Date: December 15th, 2017 4:10 PM
Author: Opaque supple trump supporter ratface

Jesus. Keep your voice down. Earl might hear you.

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34928992)



Reply Favorite

Date: December 16th, 2017 10:56 AM
Author: Nubile Bespoke Casino



(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34934361)



Reply Favorite

Date: December 15th, 2017 11:34 AM
Author: Odious market knife

And probably crushes the income.

Isn't California plaintiff friendly?

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34926813)



Reply Favorite

Date: December 15th, 2017 11:35 AM
Author: alcoholic mildly autistic organic girlfriend ladyboy

Best state in the nation for PI.

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34926818)



Reply Favorite

Date: December 15th, 2017 11:34 AM
Author: Territorial jade garrison karate

YNY get that hustle

congrats

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34926814)



Reply Favorite

Date: December 15th, 2017 11:40 AM
Author: contagious clown

how many solos do you know who have just flamed out of the profession or aren't doing well?

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34926849)



Reply Favorite

Date: December 15th, 2017 11:42 AM
Author: alcoholic mildly autistic organic girlfriend ladyboy

I know several who flamed out and ended up as an associate somewhere. Most don't do well because they do shitty work and rely on paid marketing for clients. So they have low settlements and high acquisition costs. I'm the opposite. I do great work and no paid marketing. So my margins are crazy.

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34926864)



Reply Favorite

Date: December 15th, 2017 12:13 PM
Author: Unhinged Mental Disorder Police Squad

Why do you think they did shitty work? Lack of responsiveness?

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34927092)



Reply Favorite

Date: December 15th, 2017 2:02 PM
Author: alcoholic mildly autistic organic girlfriend ladyboy

Both.

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34927915)



Reply Favorite

Date: December 15th, 2017 11:42 AM
Author: Awkward Trip Cuck Becky

180, congrats.

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34926868)



Reply Favorite

Date: December 15th, 2017 11:44 AM
Author: hairless rusted heaven corn cake

holy shit congrats

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34926888)



Reply Favorite

Date: December 15th, 2017 11:46 AM
Author: saffron temple

180 man

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34926903)



Reply Favorite

Date: December 15th, 2017 11:55 AM
Author: embarrassed to the bone hall goal in life

Can you ask your CPA about paying your 2018 estimated CA state taxes in 2017 since SALT is going away?

See this thread:

http://autoadmit.com/thread.php?thread_id=3828093&mc=37&forum_id=2

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34926949)



Reply Favorite

Date: December 15th, 2017 12:04 PM
Author: alcoholic mildly autistic organic girlfriend ladyboy

I actually JUST did that right now. I paid 130K for 2018 literally 30 seconds ago.



(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34927024)



Reply Favorite

Date: December 15th, 2017 12:14 PM
Author: embarrassed to the bone hall goal in life

180!

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34927095)



Reply Favorite

Date: December 15th, 2017 11:59 AM
Author: misunderstood glassy windowlicker depressive

Love hearing about the practice bro. I am sure you have addressed this previously but do you have a biglaw background?

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34926977)



Reply Favorite

Date: December 15th, 2017 12:05 PM
Author: alcoholic mildly autistic organic girlfriend ladyboy

Summered at a big firm 2L year. Hated it and got no offered because I left every day early and didn't go to most of the summer associate events.

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34927031)



Reply Favorite

Date: December 15th, 2017 12:09 PM
Author: misunderstood glassy windowlicker depressive

What moment in your legal career are you most proud of? Some brilliant procedural move? Closing argument? Seeing your clients' lives change after a big win/settlement?

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34927062)



Reply Favorite

Date: December 15th, 2017 12:11 PM
Author: alcoholic mildly autistic organic girlfriend ladyboy

I settled a case for a bit over 2 million for a widow whose husband was killed in a head on collision. The other party only had 100K policy but we found a road defect from construction and got almost 2 mil from the construction company/city. I changed that woman's life. She was an old Hispanic lady who never worked and spoke no English. Without me she would have been destitute. It felt really good to help someone that much.

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34927084)



Reply Favorite

Date: December 15th, 2017 12:15 PM
Author: misunderstood glassy windowlicker depressive

Incredible. Must have felt almost as good as when I caught that missing comma in the credit agreement for the joint bookrunners on this subordinated debt deal. Wouldn't trade that experience for the world.

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34927112)



Reply Favorite

Date: December 15th, 2017 1:07 PM
Author: peach aromatic black woman



(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34927511)



Reply Favorite

Date: December 15th, 2017 1:12 PM
Author: topaz razzle roommate



(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34927538)



Reply Favorite

Date: December 15th, 2017 1:13 PM
Author: Unhinged Mental Disorder Police Squad



(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34927551)



Reply Favorite

Date: December 15th, 2017 1:46 PM
Author: vibrant aquamarine sneaky criminal shrine



(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34927808)



Reply Favorite

Date: December 15th, 2017 1:49 PM
Author: Appetizing Turquoise House



(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34927818)



Reply Favorite

Date: December 15th, 2017 5:14 PM
Author: confused immigrant chapel



(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34929548)



Reply Favorite

Date: December 15th, 2017 5:14 PM
Author: bistre locus pervert



(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34929558)



Reply Favorite

Date: December 15th, 2017 11:29 PM
Author: federal business firm place of business



(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34932058)



Reply Favorite

Date: December 16th, 2017 9:04 AM
Author: duck-like bearded theatre feces



(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34933907)



Reply Favorite

Date: December 16th, 2017 9:05 AM
Author: hairless rusted heaven corn cake



(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34933910)



Reply Favorite

Date: December 16th, 2017 11:11 AM
Author: Infuriating Razzle-dazzle Crackhouse



(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34934434)



Reply Favorite

Date: December 17th, 2017 2:04 PM
Author: Excitant ticket booth



(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34942267)



Reply Favorite

Date: April 9th, 2018 12:58 AM
Author: crusty bawdyhouse



(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#35796599)



Reply Favorite

Date: April 9th, 2018 12:58 AM
Author: Galvanic whorehouse



(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#35796603)



Reply Favorite

Date: December 15th, 2017 11:29 PM
Author: federal business firm place of business

180

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34932055)



Reply Favorite

Date: December 15th, 2017 12:01 PM
Author: topaz razzle roommate

Congrats on the success, mang.

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34927003)



Reply Favorite

Date: December 15th, 2017 12:02 PM
Author: Painfully honest jap

Nice bro!

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34927006)



Reply Favorite

Date: December 15th, 2017 12:11 PM
Author: fiercely-loyal primrose messiness scourge upon the earth



(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34927082)



Reply Favorite

Date: December 15th, 2017 12:20 PM
Author: embarrassed to the bone hall goal in life

What sort of RE are you looking to buy? Are you looking to rent it out or flip it? Id like to get into RE since we don’t want to only put money into the stock market, but it’s a tough market right now given how high it is.

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34927147)



Reply Favorite

Date: December 15th, 2017 1:37 PM
Author: alcoholic mildly autistic organic girlfriend ladyboy

Multifamily and NNN commercial. Cap rates suck right now but rents keep going up. As long as you buy young and hold for decades you can't really overpay. LA real estate will double again in 10 years anyways.

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34927745)



Reply Favorite

Date: December 15th, 2017 12:27 PM
Author: peach aromatic black woman

congratulations bro

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34927204)



Reply Favorite

Date: December 15th, 2017 1:11 PM
Author: Laughsome theater

180, congrats.

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34927534)



Reply Favorite

Date: December 15th, 2017 1:23 PM
Author: Cheese-eating circlehead degenerate

Damn, nice.

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34927621)



Reply Favorite

Date: December 15th, 2017 1:38 PM
Author: Unhinged Mental Disorder Police Squad

Send our new shitfirm cases

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34927752)



Reply Favorite

Date: December 15th, 2017 2:22 PM
Author: Odious market knife

DESCRIBE your billable rate.

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34928088)



Reply Favorite

Date: December 15th, 2017 3:42 PM
Author: Cheese-eating circlehead degenerate

I will. Do you already know who I am, or would this out me?

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34928728)



Reply Favorite

Date: December 15th, 2017 3:46 PM
Author: Unhinged Mental Disorder Police Squad

I have no clue who you are but I've met 10 xo poasters and would protect their identities with my life.

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34928769)



Reply Favorite

Date: December 15th, 2017 1:39 PM
Author: passionate keepsake machete

180.

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34927756)



Reply Favorite

Date: December 15th, 2017 3:46 PM
Author: boyish doctorate water buffalo

180

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34928764)



Reply Favorite

Date: December 15th, 2017 3:47 PM
Author: insane stain orchestra pit

what does your CRYPTOCOIN PORTFOLIO look like

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34928785)



Reply Favorite

Date: December 15th, 2017 3:48 PM
Author: alcoholic mildly autistic organic girlfriend ladyboy

3 BTC and 25 ETH.

Not a lot but my basis is like 15K. I didn't get in until a couple months ago.

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34928791)



Reply Favorite

Date: December 15th, 2017 5:15 PM
Author: confused immigrant chapel

180

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34929564)



Reply Favorite

Date: December 15th, 2017 5:19 PM
Author: Motley blue institution

Excellent work man! I'm a solo that does some PI, and I really enjoy your threads. You still take questions on that throwaway?

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34929591)



Reply Favorite

Date: December 15th, 2017 5:33 PM
Author: slippery ebony lettuce piazza

180 friend.

have you thought about buying up some residential property and renting it out to take advantage of the mortgage tax deduction? 180 way to take advantage of savings because the rent and property tax + interest more or less balance out.

if you leave a room vacant, you can claim it as a second house or something

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34929717)



Reply Favorite

Date: December 15th, 2017 5:34 PM
Author: Chartreuse cruise ship

so you "netted" 765K

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34929737)



Reply Favorite

Date: December 15th, 2017 5:45 PM
Author: Insanely creepy library

"nutted"

http://autoadmit.com/thread.php?thread_id=2521977&mc=129&forum_id=2

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34929823)



Reply Favorite

Date: December 15th, 2017 5:43 PM
Author: Insanely creepy library

Next year you have to make a lot more to net the same amount with the new tax bill. Yay!

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34929810)



Reply Favorite

Date: December 15th, 2017 6:55 PM
Author: alcoholic mildly autistic organic girlfriend ladyboy

Pass through income may be taxed at 20% next year. I would pay way less in taxes. I work my ass off, it's really shitty that I pay so much as it is.

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34930275)



Reply Favorite

Date: December 15th, 2017 11:21 PM
Author: Excitant ticket booth

last i heard the 20% break is not available for service professionals who earn over 500K (hard cliff)

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34931985)



Reply Favorite

Date: December 16th, 2017 9:12 AM
Author: Transparent Multi-colored Range Elastic Band

Yep

Edit: 315k now

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34933932)



Reply Favorite

Date: December 15th, 2017 6:56 PM
Author: fragrant hunting ground selfie

incredible and you deserve it for your hustle. congrats.

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34930279)



Reply Favorite

Date: December 15th, 2017 11:22 PM
Author: federal business firm place of business

180

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34931998)



Reply Favorite

Date: December 15th, 2017 11:25 PM
Author: Excitant ticket booth

you need a better CPA if he's not suggesting tax strategies. there is a lot of shit you can do.

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34932021)



Reply Favorite

Date: December 16th, 2017 12:48 AM
Author: alcoholic mildly autistic organic girlfriend ladyboy

Give me some ideas. I read a lot about taxes and it seems like my CPA is doing all the right things.

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34932589)



Reply Favorite

Date: December 16th, 2017 10:51 AM
Author: alcoholic mildly autistic organic girlfriend ladyboy

Anyone?

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34934334)



Reply Favorite

Date: December 16th, 2017 11:07 AM
Author: adventurous stead

Captive insurance. Deduct premium you pay to your own insurance company as a current year expense. Premium in the insurance company for the first year it is in is restricted to what it can be invested in, but after 1 year, you can invest it in real estate or whatever you want. If you ever want to redeem cash from the insurance company, you take it as capital gains instead of ordinary income on your taxes, so you have converted ordinary income into long term capital gains.

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34934421)



Reply Favorite

Date: December 16th, 2017 11:10 AM
Author: alcoholic mildly autistic organic girlfriend ladyboy

How much can I dump into that in a year?

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34934431)



Reply Favorite

Date: December 16th, 2017 11:16 AM
Author: adventurous stead

1.2 million or something like that. Need to hire a reputable accounting firm (there are a few), cost is about 5% of amount you put in due to setup/fees/audit protection.

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34934450)



Reply Favorite

Date: December 16th, 2017 11:18 AM
Author: alcoholic mildly autistic organic girlfriend ladyboy

Interesting, I'll look into that. Thanks.

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34934459)



Reply Favorite

Date: December 16th, 2017 11:33 AM
Author: adventurous stead

There's a financial guy I know in LA that probably does it or has a contact that sets them up all the time. What is your email, I can send you his info.

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34934533)



Reply Favorite

Date: December 16th, 2017 11:37 AM
Author: alcoholic mildly autistic organic girlfriend ladyboy

calishitlawguru@gmail.com.

Really appreciate this brother.

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34934560)



Reply Favorite

Date: December 16th, 2017 11:39 AM
Author: alcoholic mildly autistic organic girlfriend ladyboy



(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34934569)



Reply Favorite

Date: December 16th, 2017 11:42 AM
Author: adventurous stead

Let me check with him first and get back to you. Probably too late in the year to actually execute this year, but can set you up for next year especially given your momentum and projections into next year.

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34934580)



Reply Favorite

Date: April 1st, 2018 8:15 PM
Author: navy address

Notice to any poasters who may find this subthread while considering captive insurance:

http://www.autoadmit.com/thread.php?thread_id=3933697&forum_id=2#35739012

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#35739068)



Reply Favorite

Date: December 16th, 2017 9:15 AM
Author: Transparent Multi-colored Range Elastic Band

Pouring money into real estate sounds exhausting

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34933942)



Reply Favorite

Date: December 16th, 2017 10:51 AM
Author: alcoholic mildly autistic organic girlfriend ladyboy

There aren't that many places to pour money into for passive income.

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34934337)



Reply Favorite

Date: December 16th, 2017 11:02 AM
Author: Transparent Multi-colored Range Elastic Band

No doubt. Just seems like a fuckton of work for the near future.

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34934390)



Reply Favorite

Date: December 16th, 2017 9:23 AM
Author: Narrow-minded Hospital

How did you build your PI practice without marketing brother? That seems to be the one area where advertising is everything

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34933974)



Reply Favorite

Date: December 16th, 2017 10:55 AM
Author: alcoholic mildly autistic organic girlfriend ladyboy

1. Be friendly to everyone you meet, let them know what you do, let them know how to reach you (business cards), and tell them a quick interesting story about a cool case. This is hard if you don't have social skills but it can be learned with practice. Almost identical to PUA skills. It's all a numbers game. If you talk to 10,000 people and 1% hires you, that's 100 clients. I even handed out some business cards at the XO meeting in LA a week ago (not to everyone though since a lot of them already had my contact info).

2. Do great work for your clients. Be responsive, professional, and make sure they love you when the case is done.

3. Give your clients your cell phone number and make them feel like family. I become very close with all my clients and talk to them like a friend, not their lawyer. When they refer me people they talk about me as not only a lawyer but a good person. Makes people excited to hire me.

This is pretty much all you need to do. Most attorneys treat their clients like shit, are impossible to reach, and do shitty work. It's really not that hard to stand out.

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34934354)



Reply Favorite

Date: December 16th, 2017 11:22 AM
Author: Transparent Multi-colored Range Elastic Band

This is all credited advice whether you are shitlaw or biglaw. I am nice to everyone and tell everyone what I do. I’m biglaw so 99% of what comes my way I can’t take but I refer it out to my solo buddies.

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34934474)



Reply Favorite

Date: December 17th, 2017 9:39 AM
Author: alcoholic mildly autistic organic girlfriend ladyboy

Do your solo friends give you referral fees? I know some big firms discourage that.

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34940779)



Reply Favorite

Date: December 17th, 2017 10:31 AM
Author: Transparent Multi-colored Range Elastic Band

They would but Firm does not allow referral fees unless we actually work the case. Its cool though, I’ve had it come back to me. I currently have a complex commercial case that one of my bros referred me that’s in pre-lit stage.

(http://www.autoadmit.com/thread.php?thread_id=3830045&forum_id=2#34941029)