I received a $155,000 distribution this month, but had to make a $46,000 tax payment and a $43,000 final pament towards Phase I of my house remodel. In addition, I had a decent jump in my law firm equity which is "other assets."
2010 should be a decent year. I expect to earn between $650K-$700K (again), although I still have about $215K in remodeling to do with the Phase II and landscaping. It'll be nice when that's done!
Incidently, looking at my earnings this decade, it's been as follows:
1999: $162,000
2000: $227,350
2001: $196,850
2002: $90,000
2003: $237,759
2004: $303,741
2005: $219,482 (divorced)
2006: $169,674
2007: $430,899 (began second business)
2008: $876,768 (made $375K in the stock market)
2009: $675,153 (lost it all)
Avg: $326,334
Over the next 5 years, I expect my earnings to be between $700K-$800K. |