posted by nrittes on Oct 17
My fellow travelers!
As per one of my previous posts, I mentioned an opportunity that I recently got involved with related to the Pro Travel Network.
I’m not here to promote the opportunity again, since it’s so fresh in your minds… but rather to inform you of my running results so far.
You see, after coming across a great article in one of the many blogs that I peruse during my daily morning read; I became inspired all over again! 
The blog article talks about how you can save 25-40% on all personal travel.
Truly a great read!
Well, I wanted to expand on that with my Pro Travel Network opportunity.
Apparently, the advice mentioned on the blog requires you to start a travel website or blog under a corporation; therefore justifying the expenditure incurred during travel.
Overall, you are deemed a seperate legal entity that is conducting a business related to travel. With that in hand, you can make a spouse a legal employee and write-off travel expenditures on your spouse’s behalf too.
All of that is fine and dandy… but far too overhwelming for the average Joe or Jane to do!
Plus, the expenses involved in registering a corporation and maintaining the accounting while trying to maintain your own personal income, expenses and taxes is just as much confusing! Aaahhh!!!
Sure it’s easy to say,
”No worries, I’ll have my accountant handle that…”
But at what cost? Simply keeping a bookshelfed corp on the books and in good standing costs me $350 a pop!!!
Anyway, enough babble… let me get to the point.
By joining the Pro Travel Opportunity, you join as an Independent Travel Agent from which you are defined as a Sole Proprietor. *Take note, I can only speak from Canadian experience.
As long as you conduct your business in your own legal name, you do not have to register a business name. At the same time, you can benefit from the same tax write-offs as mentioned in the article… BUT you also reap the rewards of Travel Agent rates and amazing FAM trip deals.
At the end of the tax year, you get to deduct from your own personal income! That means, you can potentially bring your personal income down to a lower tax bracket and either pay less tax… or get a refund! 
But once again, it would be good to speak to your accountant on that.
Mind you, they say that if you intend to make over $30K a year running your own proprietorship, you should incorporate.
Well… that’s my two cents!
Omigosh! This was only supposed to be a simple blurb.
To end things off, I just wanted to let you know that I’ve been able to pull off over $1583.50 in bonus commissions within 21 days… and that’s without any travel bookings yet! :) To add, I haven’t done anything with it for over a week!
Can you imagine what this puppy can do if I put some effort into it? Hahaha!!!
We’ll see. I’m very much into the principle of least effort.
BTW, I just realized something… this post did end up becoming another shameless plug. :P Oopsies!
Happy travels!
Nate…
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