Laura Pitkute is a Real Estate Investor and a mother and in her business she doesn’t just focus on implementing strategies that allow her to make more money, but she focuses on incorporating strategies that will allow her to keep the maximum amount of money that she makes. In this video she will share a strategy that will allow you to keep more of your money by writing-off your family's kids on your taxes.

To implement this strategy you must get your family kids involved in your business by putting them on payroll and paying them a salary. To avoid dealing with employers compensation and FICA when you hire your family kids, 1099 the parent of the child and then the parent will transfer the kids' earned income directly to their bank accounts. When tax season comes around the parent will file a schedule C and write off all of their kids salary as outside labor expense and the parents of the children will not have to pay taxes.

★☆★ LINK TO PART 1 OF THIS VIDEO SERIES ★☆★
   • How to write-off your kids' expenses ...  

★☆★ TO LEARN THESE STRATEGIES GET THE FOLLOWING BOOKS ★☆★

1.) The Tax and Legal Playbook: Game-Changing Solutions to Your Small-Business Questions: TO GET THIS BOOK CLICK THE LINK -https://goo.gl/DKqXTZ

2.) What Your CPA Isn't Telling You: Life-Changing Tax Strategies: TO GET THIS BOOK CLICK THE LINK - https://goo.gl/NxyopY

3.) The Business Owner's Guide to Financial Freedom: What Wall Street Isn't Telling You: TO GET THIS BOOK CLICK THE LINK -https://goo.gl/5vGJKq

★☆★ SUBSCRIBE TO MY YOUTUBE CHANNEL FOR VIDEOS ABOUT REAL ESTATE AND BUSINESS ★☆★

► Financial Literacy/Real Estate Investing/Tax&Legal Course - Please email me at [email protected] for more information.

★☆★ CONNECT WITH ME ON SOCIAL MEDIA ★☆★

FACEBOOK:   / laura-pitko-1464576883611081  
INSTAGRAM:   / laura_pitko  

DISCLAIMER: I (Laura Pitkute) am committed to providing legal and ethical information to the best of my knowledge at all times, but I (Laura Pitkute) am not a certified CPA, nothing I say in this video or comments should be taken as legal advice. Prior to applying any strategies I share in my videos or comments please consult with a competent professional.