Prev: old ic pinouts
Next: ORCAD
From: Bill on 4 Sep 2009 13:57 One way to say your money from higher income taxes is by investing in Limited Partnerships. The Limited Partnership tax shelter is the most widely used business vehicle today by wealthy individuals. The business expenses associated with first year start-ups generates the tax deduction for you. You then participate in future earnings in future accounting years. I set up Limited Partnerships custom tailored for individuals annually. Some examples follow: Contact me anytime for a review of your project and/or for information about my media or real estate development projects. 2009 is about to close. Your investment must be made in 2009 and the capital must be expensed-out this year for a 2009 deduction. the amount of deduction can be up to the total amount of your initial capital contribution into the Limited Partnership. Naturally, you have plenty of time for 2010 and future years. But, if you are faced with a higher income tax in 2009, invest in 2009. In general the following applies to most cases: In most high income professions and career fields, you often have respectable earnings without any tax deductions by which you can save yourself from paying high income taxes. Consider doing what the wealthy do as a normal course of business. They invest in Limited Partnerships that generate a first year INCOME TAX DEDUCTION. They enjoy future earnings after the first year. Whether you invest in real estate, create inventions or produce television shows like I do, the methods and practices are the same. The important thing to remember is to follow the guidelines set forth by the IRS so that your Limited Partnership investment is in fact an approved deductible business expense situation and the paperwork is correct and filed on time. My profession is advertising, film and television production. I am an artist, fine art dealer, designer and inventor. I am one of the founders of the home video industry of the 1970s. I continue to produce television programs and commercials for major International clients. I often use Limited Partnerships to raise capital as well as to shelter income from taxes. I started a computer networking business in the 1960s that became part of the Internet. Since the 1970s, I have set up Limited Partnerships for clients desiring to shelter taxable income by investing in creation or purchase of assets that generate future profits. My first partnerships purchased and developed real estate. When, I started by first media business in the 1980s, I relied upon the Limited Partnership concept as well. Money otherwise paid out-of-pocket for taxes is now invested in a profit potential asset. In my case I invest in media related products like artist music recordings, television shows, infomercials, special interest and educational programming. If you want to save your tax money you should consider investing now. Whether you need a special limited partnership for yourself or consider investing in one of my projects, you will accomplish saving your hard-earned earnings from higher income taxes. and, best of all, you will have made a wise investment instead of just losing the money as another tax. YOUR PROJECT Create and take your invention to market. This applies to anything where capital is required and individuals need a first year (and future) income tax deduction. The deduction is generated from initial and going-forward capital that is expensed-out for business expenses associated with formation of a venture; old or new project, R & D, manufacturing, marketing and/or expansion of your business plan - even paying someone to write your business plan is a deductible business expense. Keep an open mind and just do it. Put your money into the deal and get others to invest with you. The benefits will fall into place for everyone according to the Limited Partnership structure. I can assist for a fee and/or manage the partnership as General Partner for a share of future earnings. ONE OF MY MEDIA PROJECTS is creating new television shows that allow customers to place content on my shows for $100 per minute. ABOUT US: Our 25 year old media business overview: 1. profitable 2. $2.3 million in assets 3. $5,000 liabilities 4. high profit margins 5. owners take no salaries 6. compensation is profit sharing 7. sales reps earn 10% to 20% 8. hundreds of programs produced and owned Investors, equity owners, management and sales representatives are compensated based upon performance. We pay no regular salaries. Most people who work for me are independent contractors and are compensated with lump sum monthly pay, profit sharing, royalties, sales commissions and/or hourly pay. Funding of new television showcases is underway. We offer Royalty and Profit Sharing. $6,000 capital contribution required - earns $600 monthly Royalty and/or 30% Profit Sharing, which ever is the higher amount earned monthly. Other investment ranges begin at $1000 and top-out at $100,000, per project. A "project" may generate one or more completed programs or music recordings (i.e., a series TV show and/or music album with many tracks). Our proprietary TV Showcases are 30 minute long and featuring customer placed content; real estate, automobiles, boating, fine art, jewelry, equestrian events, fashion, music, yachts, travel, or other subjects. We charge customers $100 per minute, per show. This is where the earnings are derived to share as Profit Sharing for investors and/or Royalties for talent, investors and others. Earnings are generated and shared monthly and continue for as long as a venture is financially viable. We have programs created in the 1980s that are still generating income to share. Our overall goal is to produce shows that are marketable and have earnings potential. We also produce proprietary shows and commercials for customers. Bill Myers 800.927.2949 bill(a)vdoaktv.net www.vdoaktv.net (see the "Media Products" page and click on "TV Shows"
|
Pages: 1 Prev: old ic pinouts Next: ORCAD |