Nobody is withholding your taxes anymore.
🎙️ Full Episode 343: tracyhayespodcast.com/343
Tracy Hayes asks what she tells new agents about the business owner mindset. Niki Sparks gives the list.
1. Open a business bank account. Never mix personal money with business money.
2. From your first deal, set aside money for taxes, "whether you think you have to or not." You're a 1099, not a W2.
3. The standard advice is to come in with 6 months of living expenses saved. "I would venture to say you need a little more," because you also have to invest in the business.
📲 Connect with Niki Sparks:
🏡 Keller Williams Realty Atlantic Partners, St. Augustine, FL
🌐 https://nikisparksrealtor.com/
📸 Instagram: @niki.sells.real.estate
🎧 Subscribe to Real Estate Excellence: https://www.youtube.com/@Realestateexcellence
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