Money Tips Network

Filing my Form 1065 U.S. Return of Partnership Income is getting to be a bit of a drag each year.

Photo by Thom Holmes on Unsplash

If I do this right, I'll have to file one more set of 1065s, in March 2024, and that's it.

Late 1065 filing that isn't actually late 1065 filing

We have two limited liability companies (LLCs) and my wife and I are equal owners of each. “We're in this together” and all that.

We're required to file IRS Form 1065 and two Schedule K-1s for each LLC by March 15th.

Hello, friends. It has been a l-o-n-g time since I’ve written online. Well, that’s not entirely true. I’ve been writing a ton at Facebook. In fact, it’s as if Facebook has become my personal blog. But that’s about to change. Everything is about to change. Let’s talk about it.

As you’re well aware, 2022 was one hell of a year for me. It was a year of death and destruction. That sounds like hyperbole, I know, but it’s not. It felt as if my world were crumbling around me.

After my mom died in October, I made a vow. I was going to do whatever it took to get myself back to the same mental and physical spaces I inhabited a decade ago. That span of time between 2012 and 2016 was Peak J.D., and I wanted more of it. Maybe I couldn’t achieve exactly the same state of mind, but surely I could get closer than I’ve been the past few years.

Selling things on eBay can be a nice side income. The premise is simple: buy low, sell high.

EBay began as an auction-only site. Potential buyers bid against one another for an item, just like in a live auction.

Five years later, in November 2000, eBay introduced its Buy It Now option. This allowed sellers to set a price for their item, and sell it to the first buyer to accept that price.

Each kind of listing format has its advantages and disadvantages.

There are advantages to the auction listing format:

• Auction listings tend to get more eyeballs on them, especially if the starting bid is very low.
• Auction listings are good if you aren't really sure what an item is worth. The market decides for you.

Some disadvantages to the auction listing format:

Howdy, friends! This summer, there will be another chautauqua on financial independence in Ecuador. You should consider attending. These Ecuador chautauquas — which are unrelated to the European chautauquas — are always a fun, educational, and bonding experience.

Clarification: At some point, chautauqua founders Cheryl Reed and JL Collins parted ways. Now JL runs the European chautauquas — which are on hiatus — with Katie and Alan Donegan. Cheryl continues to run the unrelated Ecuador gatherings. Both events are excellent.

I often speak about the intersection of money and meaning when I attend.

Deciding to extend my sabbatical from Get Rich Slowly indefinitely has been liberating. The moment I committed to this, it was as if a heavy load were lifted from my back. I’m able to pursue other passions now without regret. I don’t feel guilty. I don’t feel like I need to give myself “permission”. I just do what I want, and it’s awesome.

Isn’t this what financial independence is supposed to be?

How I Spend My Time

My food and fitness choices have remained strong now for six weeks. (Official start date of my re-dedication to health? December 13, Taylor Swift’s birthday.) I’m lifting weights three times per week. I’m walking roughly five miles per day. I’m doing yoga. My alcohol consumption is way down. More importantly, I’m making smarter food choices.

When is the market crash coming? What stocks should I buy? How can I time the market? Behavioral Economist Dan Ariely answered with a lot of science and insight. His advice may surprise you.

The post How to survive a market crash appeared first on Cash and Kerry.

Hello, friends. Just a quick note to let you all know that my life, at last, seems to be settling. A full two months after the death of my mother, the fog has lifted and I find that I’m motivated to pursue productive pursuits once more.

I spent much of the past several weeks doing some serious soul-searching. It’s clear to me (and to Kim) that above all else, I need to make 2023 the year of me.

2023 — The Year of Me

More than a decade ago, I got into the habit of theming my years and months. It was fun! It was also fruitful. Whenever I decided to devote a span of time to one thing, I had great results, whether it was with fitness or writing or dating. This habit of theming lasted for a couple of years, then fell by the wayside.

Well, I’ve spent too long putting myself second. Or third. Or ninth. Starting yesterday, my aim is to put myself first for the next year (or more).

(This was originally published on 13 October 2022.)

I started this website two decades ago. The first time the Internet Archive captured the site was back in April 2004. I registered the domain in 2003.

Back then I was hand-crafting HTML pages in a text editor, and managing all of the links by hand. I had found a website template that gave me the sidebar, and worked from there. I composed the pages on my computer and then transferred them to a webhost via FTP to “publish” them.

Not the most difficult thing in the world to do, but certainly not the easiest.

Then I found WordPress

In mid-2005, after being on blogger.com for only a couple of weeks, I found out about WordPress, and my content creation at the time shot through the roof.

I recently ran across a new-ish referral site called invitation.codes.

It's a site that aims to be one-stop shopping for referral bonuses. These are the extra sign-on goodies that you sometimes get when signing up as a new user on a site.

Often a website will offer a bonus to its current users for referring new users. This is usually good business practice because the current users will work for free, and only get rewarded when someone signs up. It's cheap marketing labor!

Even better when the site throws in something for the new user to help the current user get the sign-up. Generally money well spent by the business.