Our Passive Income Report - August 2022

When you invest in different businesses, there will always be times when you'll experience hiccups, get distracted, and slow down on your marketing efforts. Other times, some things happen beyond your control. For August, Russ and Joey had some challenges which negatively impacted their passive income. Pay attention as they discuss the events of the past month, the lessons they learned, and what they could have done differently. They also share some exciting updates, like the sale of Chelsea Manor and the rebirth of 100 Unicorns.

August 2022 Income At-A-Glance:
Gross Income for August: $458,825.43
Total Expenses for August: $423,043.27
Total Net Profit for August: $35,782.16
Difference b/t July & August: ($19,600.13)
% of net profit to overall gross revenue: 8%

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YT Questions:
05:21 - What directly impacted the drop in our income, and what could have been different?
11:17 - What's happening with our land flipping business? Why is it not growing at the same pace it was?
15:06 - What were the results in August for our Ethereum Miners?
16:33 - What coins are we mining now that we can no longer mine the Ethereum? How do we believe that will impact the future of crypto mining? Will we be making adjustments?
17:30 - Do we have syndications?
19:05 - Why did we invest over 100k into an ATM syndication a couple of years ago?
20:26 - Do you see us investing in another one of those (syndications) this fall?
22:05 - Instead of the tax bill you usually pay to the IRS, could you use your tax dollars to invest in syndication or partnership?
24:41 - Do you know the fastest way to make a million dollars?
25:44 - How is Cousin Eddie RV doing?
32:48 - What was our biggest win in August?

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