



Assuming I’ve only owned it for 6 months, is the entire thing just hit with income tax?
Also, I’m a full time student (in michigan, if that changes anything), so I’m in the lowest tax bracket.
Thanks for the help, I’m new to all of this. The tax system is frickin confusing…
Purchase Order Finance – PO Funding – Purchase Order Factoring – PO Factoring. For Commercial Finance Loans – Accounts Receivable Financing * Business Equipment Leasing * PO Finance * Commercial Property Mortgage – IMM Financial has been in the Commercial Finance Business serving companies just like yours for over 14 years. Put our experience to work for you. We are the Cashflow Specialists.




I will have them fill out my credit application and require them to provide three trade references. I will contact those trade references to verify their payment history. If they have a satisfactory payment history, I will set them up on an installment billing program. It’s kind of like a credit card but they’ll pay the balance out over a period of say three or four months — depending on the total balance.
The only potential problem that I see is they may not pay. But then again there are companies who would love this type of opportunity and are willing to pay. I am thinking I can increase my client base by doing this.
What do you think?
I only have one client so far, but I did this for a year before I moved here. What I always did was go pick up the projects, or have them ship the to me via UPS or FEX or even regular mail. I do all the work from my home/office, but in some instances I can work from their office.
Let me clarify – when I say I’ve done this before I mean I ran this same exact business out of my home in another state, but didn’t offer installment billing.
Purchase Order Finance – PO Funding – Purchase Order Factoring – PO Factoring. For Commercial Finance Loans – Accounts Receivable Financing * Business Equipment Leasing * PO Finance * Commercial Property Mortgage – IMM Financial has been in the Commercial Finance Business serving companies just like yours for over 14 years. Put our experience to work for you. We are the Cashflow Specialists.




The cabby said, “If you don’t have fifteen dollars, get the hell out of my cab!” So the businessman was forced to hitch-hike to the airport and was barely in time to catch his flight.
One year later the businessman, having worked long and hard to regain his financial success, returned to Vegas and this time he won big. Feeling pretty good about himself, he went out to the front of the casino to get a cab ride back to the airport. Well who should he see out there, at the end of a long line of cabs, but his old buddy who had refused to give him a ride when he was down on his luck. The businessman thought for a moment about how he could make the guy pay for his lack of charity, and he hit on a plan.
The businessman got in the first cab in the line, “How much for a ride to the airport,” he asked? “Fifteen bucks,” came the reply. “And how much for you to give me some oral on the way?” “What?! Get the hell out of my cab.”
The businessman got into the back of each cab in the long line and asked the same questions, with the same result. When he got to his old friend at the back of the line, he got in and asked “How much for a ride to the airport?” The cabby replied “fifteen bucks.” The businessman said “ok” and off they went. Then, as they drove slowly past the long line of cabs the businessman gave a big smile and thumbs up sign to each driver.
Purchase Order Finance – PO Funding – Purchase Order Factoring – PO Factoring. For Commercial Finance Loans – Accounts Receivable Financing * Business Equipment Leasing * PO Finance * Commercial Property Mortgage – IMM Financial has been in the Commercial Finance Business serving companies just like yours for over 14 years. Put our experience to work for you. We are the Cashflow Specialists.










More Options ...
Categories
Tag Cloud
Blog RSS
Comments RSS

Void « Default
Life
Earth
Wind
Water
Fire
Light 
