Why a Series LLC May be Right for You
If properly created and maintained, the Series LLC may be an extremely useful tool for investors with multiple investment properties.
Subcontractor vs Employee – 7 Warnings
The IRS consistently warns taxpayers to not get caught paying ‘employees’ as ‘sub-contractors’. But believe it or not, the IRS, may be the least of your worries. There are 7 deadly results that could occur by trying to call an ‘employee’ a sub-contractor when it’s truly not the case.
Can a Foreigner use an S-Corporation in the U.S.?
This is a common question we are asked on a regular basis and an important one. In fact, it tends be a common concern with Canadian clients doing real estate projects in the U.S. Here are some basics that can help you if you are a foreigner or investing with a foreign partner. Why an […]
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.
Financial Problems – What to do during these times
Making these changes may be uncomfortable, but critical to survive. What do you have to lose? If your business is headed in the wrong direction, any change could make the difference!
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.
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.
When to use an S Corporation
Don’t underestimate the power of the S Corp. Consider getting a second opinion if anyone says an S Corp isn’t the best fit.
The Real Estate Professional Tax Strategy
I’m often surprised how many taxpayers get fixated on being a Real Estate Professional as their primary tax-planning goal, while others avoid it like the plague. Yet, there are still others that don’t even know what the fuss is all about.
