Joshua Smith
1.4K posts

Joshua Smith
@jrsmith72
Entrepreneur - Real Estate & Business Broker - Triple L Realty



🚨 Florida officials conducted over 3,300 commercial inspections in just 4 days, they found many CDLs with “NO NAME GIVEN” on the license from other states - 176 were 'taken out of service' for issues - 54 drivers found with "language deficiencies” - 42 drivers were illegals and referred to ICE They discovered drivers with NO NAMES on their CDLs, “I saw several, actually, some of the driver's license that we would find wouldn't even have a name on the CDL. Literally no name, but you got a CDL, no first name — No name given from other states. That is not from the state of Florida. So you're having people with no names, operating commercial motor vehicles with different types of endorsement, running up and down your highways.”

Too many entrepreneurs make good money each year but pay Uncle Sam 35-50% of it. It takes a long time to build a massive wealth snowball when 1/3 to 1/2 of your snow gets chopped off each year. Real estate can help with this. The best model I've seen is: 1. Earn cashflow from entrepreneurship. 2. Buy real estate as a "real estate professional." 3. Book losses through bonus depreciation. 4. End up with all cash and little to no tax. Your wealth snowball ends up a lot larger 10 years down the road when you make and keep your money in a more tax efficient way.



























