Arizona: 96k\

by David Safier
This morning, commenter Ellis compiled a list of the ways Yarbrough is benefiting financially from the tuition tax credit laws. There's nothing new here, but it's a clear, simple list, allowing us to see the profit forest formed from all the individual trees. And it includes one item I've only seen here at BfA: the $125,000 Yarbrough's STO spent to make improvements to the business condo Yarbrough owns.

If you need a refresher course, here it is.

Basically, an STO is a processing company. [Yarbrough] pays himself quite handsomely with a $96K/salary. BUT, he needs to write off more on the front end to use up all that 10% allotment.