Comments on: Multiple Stream of Income, Part 1 of 3

By: Anthony L

Anthony L — Fri, 25 Jun 2010 01:24:42 +0000

I have visited your port before. The more I read, the more I keep coming back!

By: David Wood: Review of a MLM Expert | Diva Benefits

David Wood: Review of a MLM Expert | Diva Benefits — Wed, 17 Mar 2010 03:08:14 +0000

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By: Phil Bynes

Phil Bynes — Tue, 16 Mar 2010 19:27:34 +0000

That’s what I was thinking — time to go talk to the CPA! We do real estate investing as well and always did that through a business entity, but its time to treat the network marketing business the same way! Thanks for your thoughts. Have a great day, Sharon!

By: Sharon Hiebing

Sharon Hiebing — Tue, 16 Mar 2010 19:07:36 +0000

Hi Phil! Thanks for reading. Of course I recommend you speak with your CPA first, but I’ve been advised that whenever you begin making more than $3000 from any business, network marketing included, you should be considering an entity – the tax savings alone are worth it.

By: Phil Bynes

Phil Bynes — Tue, 16 Mar 2010 19:00:47 +0000

Hi Sharon, this is a great post. Do you see any benefits of having your network marketing business set up as another business entity? We do ours in our personal names, but I’ve been thinking about whether it would be better to do it in a business name.