How to Find the Best Rental Property this Year!
I meet one on one with at least 1,000 clients a year to discuss their business
Why Buy Your Parent’s Home and Rent it Back to Them
There are several ways to handle a parent’s home depending on their particular health or financial situation. At a bare minimum, your parents should have a Revocable Living Trust to ensure the orderly and effectively transfer of the home to the family and avoid probate in states where the expense is significant.
10 Steps to Purchasing Your Next Rental Property
I recommend to ALL of our clients to purchase at least one rental property a year for tax planning and wealth building benefits.
How to Invest in Opportunity Zones to Save Taxes
This tax incentive allows investors to reduce taxable gains and possibly obtain tax-free growth if they re-invest capital gains into real estate within designated Opportunity Zones
199A Deduction for Rental Real Estate Investors
If you have rental losses, you DO NOT want your enterprise to be considered QBI and included in the 199A Deduction calculation, BUT you (or your spouse) DO want to be considered a real estate professional in order to deduct the losses against your other ordinary income.
How to Hire a Sub-Contractor or Freelancer
Hiring a sub-contractor or freelancer can be the perfect strategy for many small business owners to save money and build their business.
What is a Registered Agent
Since an LLC or Corporation is not an individual, it cannot have process served on it unless someone is appointed to serve as an ‘agent’ for the company. All 50 states require that such a person be appointed- This person is the Registered Agent.
Silent Partner – 3 SEC Compliant Ways to Bring One on
There comes a time in the lifespan of just about every business when the potential for substantial growth comes to fruition, and additional capital is necessary to make that growth happen. It’s at these moments you’ll probably start looking for people to invest in your business.
Seller Financing and Installment Sales – What are the Tax Implications
With the difficulties that have arisen in the lending market and a typical buyer’s ability to obtain a standard loan, many sellers have decided to “carry their own paper”. For those unfamiliar with such a term, we are talking about Seller Financing where you play ‘bank’ and now you have the precarious reporting requirements with […]
