Hexcess

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Hexcess

Hexcess

@wmodell

#fucksocialism

🇺🇸🇺🇸🇺🇸 Katılım Şubat 2009
270 Takip Edilen241 Takipçiler
Hexcess
Hexcess@wmodell·
@amyklobuchar Tell me you want voter fraud, without saying you want voter fraud.
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Amy Klobuchar
Amy Klobuchar@amyklobuchar·
Voting is a right, not a privilege. The SAVE Act won’t save anything. It will strip Americans of their right to vote. We have to fight back to protect our democracy.
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Hexcess@wmodell·
@CynicalPublius As a 3 time trump voter, im ok with this. "Dems will destroy the country", you say? Good. Burn it down, its now very clear to be unsavable. The quicker we fall, the quicker we can rebuild.
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Cynical Publius
Cynical Publius@CynicalPublius·
If you are not aware yet that Thomas Massie will be the Libertarian Party's candidate for President in 2028, please allow me to spread the joy. They want to split the conservative vote so the Democrat nominee will be President. Because spite.
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Hexcess
Hexcess@wmodell·
@elonmusk Good thing the US isnt a high trust society.
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Hexcess
Hexcess@wmodell·
@Shawn_Farash Lol what a grift. So dumb. Us Trump supporters would never. What's he going to promise next? drain the swamp? Idiot.
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Shawn Farash
Shawn Farash@Shawn_Farash·
So Massie *DOES* have a list of purported "Epstein Clients" and hasn't disclosed those names yet... Does this make Thomas Massie a "pedophile protector?" By his rules, it does.
Eric Daugherty@EricLDaugh

🚨 UPDATE: Rep. Thomas Massie is now claiming he will drop Epstein names not yet released, by the time he is out of Congress Q: In the coming weeks and months? MASSIE: Yes. Massie is OUT of Congress starting early-January 2027 after Trump defeated him

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Hexcess
Hexcess@wmodell·
@hxxntrr My business doesn't perform functions of a public office. IYKYK
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hunter
hunter@hxxntrr·
There's a federal tax law that lets you rent your own house to your own business for $5,000 a day The business deducts the rent as an expense You receive the rent personally as tax-free income This is fully legal under IRC Section 280A(g) and every smart business owner in america uses it It's called the Augusta Rule and 90% of business owners have never heard of it Internal Revenue Code Section 280A(g), commonly called the "Augusta Rule," allows a homeowner to rent their personal residence for up to 14 days per year and receive the rental income completely tax-free. The rental income does not need to be reported as income on your personal tax return The provision was originally written to protect homeowners in Augusta, Georgia who rent their homes to spectators during the annual Masters Tournament. The IRS recognized that 14 days a year of rental income shouldn't trigger reporting requirements for an otherwise personal residence. The rule applies nationwide to anyone who rents their residence under 14 days Critical mechanic for business owners: If you own a business (LLC, S-Corp, C-Corp), the business can rent your personal residence for meetings, events, retreats, or any legitimate business purpose. The business pays you market-rate rent. The business deducts the rent as a business expense (reducing the business's taxable income). You receive the rent personally tax-free under Section 280A(g) Result: Business's taxable income: reduced by the amount of rent paid Your personal taxable income: not increased (rent under Section 280A(g)) Net effect: cash moves from business to your personal account, fully tax-deductible on one side and fully tax-free on the other This is a tax-arbitrage between the business entity and the individual that the tax code explicitly permits The math: Suppose your business is an S-Corp with $300,000 in annual taxable income. Your business is taxed at the corporate level (or flows through to you at personal rates depending on structure) Without the Augusta Rule: business pays roughly $90,000-$120,000 in combined taxes on the $300K (depending on state and structure) With the Augusta Rule: business rents your home for 14 days at $2,500/day = $35,000 in rent Business taxable income reduces from $300,000 to $265,000 Tax savings on the $35,000 expense: roughly $10,500-$14,000 (at 30-40% effective business tax rate) Personal income from $35,000 rent received: $0 (tax-free under 280A(g)) Net effect: $10,500-$14,000 in actual cash savings per year, just for renting your own house to your own business for 14 days What is "market rate" rent: The IRS requires the rental to be at a "fair market rate" for similar properties in your area. You can't rent your $400K home for $50,000/day. You also don't need to charge $200/day for a $2M property Realistic market rates for short-term residential business rentals: Modest home (under $400K): $400-$800/day Mid-range home ($400K-$1M): $1,000-$2,500/day Luxury home ($1M-$3M): $2,500-$5,000/day High-end estate ($3M+): $5,000-$15,000+/day You're typically renting your home for "executive retreats," "client meetings," "strategic planning sessions," "board meetings," etc. Market rate is what similar properties would charge as event venues or short-term executive rentals How to support the market rate: Get 3-5 comparable rental quotes from event venues, AirBnB executive rentals, or boutique meeting spaces in your area Document the comparable rates in your business records Use the median or 75th percentile rate, not the highest If you can document that comparable executive retreat venues in your area rent for $3,000-$5,000/day, charging $3,500/day to your business is defensible The execution: Step 1: write a rental agreement between your business and you personally The agreement should specify: Dates of the rental (14 specific days per year max) Rental rate per day Purpose of the rental (business meeting, retreat, client event, strategic planning, etc.) Standard rental terms (similar to commercial rental agreements) Step 2: have a legitimate business purpose for each day of rental Quarterly executive retreats (4 days/yr) Annual strategic planning summit (3 days/yr) Client appreciation event (2 days/yr) Board meetings (3 days/yr) Investor presentations (2 days/yr) = 14 days/yr at $3,000/day = $42,000 in tax-free transfer Step 3: document the business purpose with meeting minutes, agendas, attendee lists, and photos Step 4: the business issues a 1099-MISC to you for the rental at year-end Step 5: you report the rental on Schedule E of your personal tax return, then claim the Section 280A(g) exclusion (under 14 days = $0 reportable income) Step 6: the business deducts the rent as an expense on the business tax return Documentation requirements: The IRS occasionally audits Augusta Rule claims because some taxpayers abuse the provision (renting at inflated rates, claiming days without legitimate business purpose, etc.). To survive audit: Maintain calendar evidence of the 14 days Maintain meeting agendas and minutes Maintain attendee lists (employees, contractors, clients) Maintain photos of the events Have a written rental agreement Have documentation of market rates If you can produce all of this, the IRS audit defense is straightforward The tax savings at scale: Small business with $200K profit, rents at $1,500/day for 14 days: Annual rent: $21,000 Tax savings at 35% effective rate: $7,350 Tax-free personal income: $21,000 Mid-size business with $500K profit, rents at $3,000/day for 14 days: Annual rent: $42,000 Tax savings at 40% effective rate: $16,800 Tax-free personal income: $42,000 Large business with $2M profit, rents at $5,000/day for 14 days: Annual rent: $70,000 Tax savings at 45% effective rate: $31,500 Tax-free personal income: $70,000 The savings scale linearly with the business size up to the 14-day limit. At the $5,000/day rate for 14 days ($70K), most business owners hit the practical ceiling Compounding effect over time: Using the Augusta Rule every year for 20 years on a mid-size business: Annual tax savings: $16,800 Total over 20 years: $336,000 The Augusta Rule alone produces a third of a million dollars in extra wealth over a 20-year career for a single business owner Other tax provisions stack with this: Section 179: immediate expensing of equipment and vehicles purchased (up to $1.16M in 2024) Bonus depreciation: 60-100% accelerated depreciation on assets QBI deduction (Section 199A): 20% deduction on qualified business income Section 121 home sale exclusion: $250K-$500K of profit on personal residence sale, tax-free Health Savings Account: $4,150-$8,300 in pre-tax contributions, grows tax-free, withdrawn tax-free for medical A business owner stacking all these provisions properly pays an effective tax rate of 12-18%. The same business owner without sophistication pays 28-35% The difference is roughly $40K-$80K per year in saved tax. Over a 30-year career: $1.2M-$2.4M in extra net worth The Augusta Rule is just one of about a dozen highly-leveraged tax provisions that ordinary tax filers never hear about because they're operating in W-2 reality. Every business owner with sophistication uses these provisions. Their accountants know about them. Their tax attorneys know about them. The IRS published them in the tax code The middle-class American working a W-2 job has access to ZERO of these provisions. The W-2 employee can deduct standard items (mortgage interest, charitable giving, state and local taxes) but cannot: Deduct vehicle expenses (no Section 179) Deduct rental income from personal residence to employer (no 280A(g)) Get QBI deduction (W-2 income doesn't qualify) Deduct home office (since 2017 W-2 employees lost this) Strategic planning of capital gains (income is fixed by employer) Almost everything that lets the wealthy reduce taxes requires you to be a business owner (or capital owner). The W-2 path categorically excludes you from the entire tax optimization layer This is by design. The tax code rewards capital, business ownership, and asset accumulation. It punishes labor. The reward is approximately 20-30% lower effective tax rates for business owners using sophisticated strategies vs W-2 earners The Augusta Rule is one of the simplest, lowest-effort tax savings available. Cost to implement: zero (if you already own a home and run a business). Time: maybe 4 hours per year for documentation. Annual savings: $7,000-$31,500 Most American business owners don't use the Augusta Rule. They don't know it exists. Their accountants might mention it once but never set up the structure. The provision sits in the tax code from 1976 waiting for someone to invoke it You can be that someone. You need a home, a business, and 4 hours of paperwork per year (if you want to fix your credit and qualify for the 0% APR business credit that helps you build the business that uses the Augusta Rule. link in bio)
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Hexcess
Hexcess@wmodell·
@DrunkRepub @JoshuaDone So you are for or against lables, and not ideals. Predictable given your unwavering Trump support. (Although this feels more like engagement farming)
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The Drunk Republican
The Drunk Republican@DrunkRepub·
For the record I liked Massie for years. Tucker and others too. But my common sense forces me to be wary of those attempting to sabotage the mandate Trump was given in ‘24. Jumping ship at the very moment real change was possible stinks. Sorry, it just does.
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Hexcess
Hexcess@wmodell·
@DrunkRepub Lol Trump manadate ws bases on campaign promises and it is Trump himself that not only went against those, told us not to support him anymore if we still wanted them.
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Hexcess
Hexcess@wmodell·
@SamParkerSenate After 9/11 all the twin tower steel was shipped of to parts unknown faster than speedy Gonzales. Sure biggest terror event in history, why would we want to do forensics?
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Sam Parker 🇺🇲
Sam Parker 🇺🇲@SamParkerSenate·
I'm not sure there's a more clear example of a textbook cover-up than the Charlie Kirk crime scene. But if you know of a better example, please share.
Sam Parker 🇺🇲 tweet media
Sam Parker 🇺🇸🧯@BasedSamParker

Derelict or rapid destruction & clean-up of the crime scene is always a tell-tale sign of a cover-up. JFK: ▪️The road was kept open to traffic for a full half hour after the assassination ▪️Crowds were allowed back onto the grass and road the next day ▪️The Secret Service wiped down and cleaned the limo 30 mins after the assassination, while it was parked at Parkland Hospital ▪️The limo was shipped off to DC within 3 hours, without a forensic examination ▪️Full repairs on the limo were initiated within 3 weeks RFK: ▪️Throngs of people were allowed to continue moving through the pantry of the Ambassador Hotel after RFK was shot in a flurry of bullets ▪️The wall paneling, ceiling tiles & door jams were removed and collected into evidence for the bullet holes—but then subsequently "misplaced" and permanently lost MLK: ▪️A large tree limb in front of the boarding house where James Earl Ray allegedly shot from, identified as obstructing the line of sight from the bathroom window to the Larraine Motel by a detective early onto the scene, was cut down the same day after he reported it. ▪️The bushes and shrubbery behind Jim's Grill, where eyewitnesses placed a possible shooter & heard shots fired from, were completely torn up & the ground razed by early the next morning Attempt on Trump at Butler: ▪️Scene where Matthew Crooks was shot was hosed down by the FBI less than 24 hours later ▪️Crime scene released within 3 days overall Charlie Kirk: ▪️Chairs and other equipment were moved within minutes ▪️Video footage (SD cards) were removed ▪️Spectators and various other personnel were allowed to walk all over the crime scene and even take memorabilia for several minutes afterward ▪️Grass & dirt ripped up starting within 3 days after the assassination by demand of the FBI & Governor Cox ▪️Scene paved over on the 4th day, again by demand of the FBI & Cox ▪️Tunnel tiles also replaced ▪️Tent, chairs & tables involved at the scene not preserved or whereabouts unknown ▪️The necklace was not kept or collected into evidence (which is weird given that Frank Turek said the police were looking for it), or any of the A/V equipment that we know of ▪️The SUV Charlie was transported to the hospital in was cleaned out and sold off by the following Monday But I'm sure it's all just a big misunderstanding and such repeated derelictions and incompetences are merely coincidences. Right? If you know of similar shenanigans in other murders, assassinations, &/or suspicious deaths, please share below.

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Thrilla the Gorilla
Thrilla the Gorilla@ThrillaRilla369·
Who else remembers exactly where they were when the 9/11 attacks occurred?
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Nick Ford
Nick Ford@Ford_Nick·
Name one thing better than a T-bone..
Nick Ford tweet media
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PulseProveX
PulseProveX@PulseProveX·
Would you tattoo the $HEX logo if HEX ever reaches $1? Be honest.
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Hexcess
Hexcess@wmodell·
@Archer42069 @JamesOKeefeIII @RepThomasMassie Sorry but the One Big Bueatiful Bill was debt inducing SWAMP trash. Like every giant bill all the good stuff is packed in with bullshit, you know the kind of thing MAGA used to be against. Post like your prove Republicans are just as much NPC as democrats.
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James O'Keefe
James O'Keefe@JamesOKeefeIII·
“The price is my re-election.” — @RepThomasMassie “It’s so sick and twisted. The reason they [Republicans] are doing it [agree privately] is because they’re terrified of President Trump’s political machine.” Society has been trapped in a “fear everything” mindset. People stay silent publicly while agreeing privately because they’re afraid to speak out. Fear keeps people silent. Watch the full Episode of My Price Is My Life with Thomas Massie: Apple Podcasts: podcasts.apple.com/us/podcast/rep… Spotify: open.spotify.com/episode/3Eu5MI…
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Hexcess
Hexcess@wmodell·
@onlysammms No garage door spring is worth destroying this.
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Hexcess
Hexcess@wmodell·
@latimes Because whatever the last 20 years has been, is working? Good lord man, get a grip on reality.
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Los Angeles Times
Los Angeles Times@latimes·
“Calling people names, saying outrageous things [where] everything’s a conspiracy — he’s modeling himself after Trump, and I don’t think that works in the city of L.A.,” said Democratic political strategist Garry South. latimes.com/california/sto…
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Hexcess
Hexcess@wmodell·
@ma1ybe Well to me I see one lucky alive baby, your way is 100% dead baby. Life wins.
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Hexcess retweetledi
CryptoCoffee.pls
CryptoCoffee.pls@CryptoCoffee369·
How I'm Bypassing Corrupt Exchanges To Buy Crypto (Bitcoin Ethereum PulseChain HEX)
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