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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 Henn last modified on December 17, 2022 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

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About Kurt Henn

Follow @40Finance

Kurt has gone from the financial lows of the '08 financial crisis to personal financial success. He is a professional real estate investor, media buyer, faithful Red Sox Fan.

Pursuing financial freedom while being a family man.

You can learn more about Kurt here, or get a hold of him on Facebook or Twitter.

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