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Correction $680k net. Yes EJ.
Texas
Nice how much you can accomplish being 1099
Most indie firms the payouts from the firm will generally be within 3-4% of each other. In the neighborhood of 80-100% minus admin fees/ticket charges, etc Your local costs will typically be between 10-20% depending on revenue. However, generally you can expect to be between 55-70% net to you after it’s all said and done. There are obviously a lot of factors but in my 12 years of recruiting to independence this is almost always the case.
Okay, how about over $400k?
Gross is $1.1mil. After expenses my net with bonus is $550k. Can sell date was 2001
EJ guy it sounds like. Awesome. Location?
2017 gross was $590k.... $120k true business expenses... two fully funded Simple IRA's, triple net lease, $50k profit in a corporation we formed for our web support and marketing.... and final AGI of $220k