Starting companies that compliment existing businesses I have...
For example, a real estate firm that leases properties back to the main firm to make money... A car company that leases cars back to the main firm to make money (provides a layer of protection to the main firm - and allows all vehicles to fall into this LLC)... A UAE 'project coordination' firm that subs 1099's back to a smaller firm - clients pay the UAE firm - monies are treated as income once brought back into the US - 'if' brought back into the US...
Etc etc etc... I have always gotten a kick of starting firms that leverage each other - including Kelly's new Texas LLC...
I used to work at Ernst & Young - and always read their tax guides like novels - although I had zero to do with tax or audit...
Anyways, my logic has always been to surround myself with firms - therefore almost everything is an expense - as well as an investment...
Oh, and I did sell a couch yesterday on craigslist for $800...
