Base Layer Capital's avatar
Base Layer Capital
npub1j6hg...l67v
Hard money. Cold storage. Structured Yield. Bitcoin eats TradFi.
Real #Bitcoiners do not care if the 4 year cycle is over or not. Stay humble and keep stacking. Thats it.
Kinobody - a fitness influencer has started dropping Bitcoin videos.. retail is coming...
So democrats...Joe Biden...sold off the nations wealth because Trump supported it. I hate politics but I know where my vote will never be going...
Seed phrase + password + time lock == State can fuck off. #Bitcoin is lmmutable freedom technology
Use an LLC for any asset that could generate long term capital gains. Use a C-corp with base salary for everything else as long as it can produce more income than your salary. LLC taxed at your rate... C-corp taxes at 21%... So if you generate a lot of revenue in an LLC you will be taxed at 30% effective rate!! Let your LLC wholly own the C-corp. LLC can then borrow against Bitcoin or other assets and loan cash to C-corp. LLC can deduct loan interest as long as loan is an investment... so loan to c-corp with fair interest rate. LLC pays tax on interest payment, but now the loan is fully deductible by the LLC and interest payment by the C-corp. C-corp deducts your salary, interst payments, health insurance, gym membership, etc etc. Then it only pays 21% tax in the remainder..allowing your business to grow much faster with less tax drag. Downside? You gotta keep clean books and pay 2 corporate filing fees.. Anything I'm missing here?
#Bitcoin and chill. Chuck roast and Pork Butt on the smoker. Cold beer and a hammock. Live is good. image