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The Best Way to Spend Your $1,200 Stimulus Check

The Best Way to Spend Your $1,200 Stimulus Check

May 11, 2020 By Kurt H Leave a Comment

How to use your stimulus check is an important decision for an aspiring real estate investor. If your basic needs are met (food and shelter) than using the check toward your real estate goals is a smart idea. Consider using some of the money in literature that can teach you about real estate investing. Use some of the money in order to set up your LLC. One last idea is using the money to hire a CPA which can help you in more than just your taxes.

Key Takeaways:

  • Invest some of your money that will help you get closer to reaching your goals which will obviously benefit you long term.
  • Create an LLC for your business so that you can gain tax advantages as well as protect your assets.
  • Hire a CPA to help you become more responsible when it comes to financial decision within your business.

“Tens of millions of people across the country are receiving these payments, and millions more are on the way.”

Read more: https://www.biggerpockets.com/blog/how-to-spend-stimulus-check

Related posts:

  1. How to Build Massive Wealth During a Recession: Master These 5 Principles
  2. A First-Time Landlord’s Guide to Setting Rent on a Property
  3. The Keys to Partnerships in Real Estate
  4. What Kanye West Gets Right (and Wrong) about Wealth, Economics and the Power of Innovation

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