Do yourself and your business a favor and stop renting out your
personal space as soon as you possibly are financially able to.
Always pay yourself and even your kids for jobs that you perform. This is an expense for your business, which lowers the income, which lowers your business' tax burden. As long as your kids make under a certain amount, $12,200 in most cases, they do not have to pay taxes on it.
Get your mindset away from your old thinking. Employees and Self-Employed people think incorrectly about money - which usually is one of the main reasons they're stuck on the E and S side of the Quadrant!
THINK AND ACT like a business owner. Pay yourself! Hire the right professionals to get the job done! Don't step over dollars to save cents!
Stop Thinking Like an Employee
Start Thinking Like a Business Owner!
If you have small children in your family, you know how difficult it can be to plan and enjoy a vacation along with them. A vast majority of guests who use Short-Term or Vacation Rentals are families with kids. If you want to attract large numbers of guests to your property, like people with children, it is imperative that you make your properties family-friendly. Families look for a place where they can feel at home, enjoy, and relax during their stay but have the peace of knowing that their kids aren’t going to be stuck in a “touch-free” zone. You know, “Don’t touch that! Don’t touch that!” Yeah, a “touch-free” zone. Here are some useful tips to make your vacation rental Family Friendly.
Families with small kids are always worried about the safety and security of their children. If you want to attract families, it is important to make your...
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