Ahhh damn! I was about to board a plane and didn’t bother googling it, mixed him up with the footballer
Ahhh damn! I was about to board a plane and didn’t bother googling it, mixed him up with the footballer
Oh no, not the mbappe Mpemba effect effect. I refuse to accept that as a real thing, there is just no way the warm water freezes faster. I’ve read dozens of articles about it, eventually finding some that confirmed for me it’s probably just measuring error or subtle differences that aren’t being noticed. But that left me thinking if I had to search so hard for the one article that confirms my gut instinct I shouldn’t lean into it too hard
Like you have two cups of identical water, eventually the warm water becomes the cold water. If I then use that previously warm water as my cold water and start the experiment over with another glass of warm water, what now? And don’t tell me water has memory.
My favorite explanation is imagine two cars on a track 100 meters long. The far end is the track is hard asphalt and cars can drive fast. The track gets rougher and muddier the closer you are to the finish line, so the first 50 meters are covered in seconds, the next 25 meters are slower, and the final 5 meters the cars are crawling. You start one car at the 100 meter line and one starts at 10 meters. If you’re observing this race from the top of a 50 storey building above the track, you’d understandably think “wow, that car that started far away was so much faster! For sure it won” even though in the last few feet it was neck-and-neck.
How do you define ‘corporate’ ownership? If you can own 100 properties as an individual, does that count as ‘corporate’?
It’s how you report the income. A corporation pays corporate tax rate on profit. An individual pays income tax. If someone wants to pay the individual income tax on 100 properties, that’s awesome. 33% over 250k. Corporate tax rate can easily be half of that.
Plus filing your taxes is waaaaaay easier having a corp hold all the assets and generating revenue, and the individual as an employee who draws a salary. If you’re just an individual with 100 properties and you get audited, you’re in for a bumpy ride trying to pick apart personal vs rental purchases
That’s what I’m talking about! That’s for digging that up. It just never passed the smell test for me, I always called bs