Mark J. Kohler

speaker

651 appearances 4 recordings 3 series first heard Apr 2019 last heard 10 Jul

Mark J. Kohler’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months

Recordings per month over the last 12 months — 1 in all, peaking in Jul 2026 with 1.

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I've got to be engaged in the process.

So many people that have a side hustle, they get this mysterious 1099 from selling something on, got a 1099 from Etsy or eBay or whatever.

They're getting a little 1099 for side hustle somewhere and they see it as a burden.

No, no, no, no.

That's a business.

Treat it like that.

Treat your rental property like a business.

When you start to treat your operation like a business, it now starts to work for you.

And the profit from it can be redeployed into assets that work for you while you're asleep.

And that money can be used to expand and scale.

If you don't treat your business like a business, it does you no good.

It's just a noose around your neck.

You have to be involved.

All of you, at the very least, should have a spreadsheet where you track all of your expenses.

Number two, use a credit card or debit card exclusively for your business.

If you've got an Amex, use it for business.

Use your Visa for personal.

Try to start separating your accounting.

If you're using QuickBooks Online or some of the easy software platforms, great.

But just start tracking your expenses.

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