Tennessee Rentals and the FONCE Exemption
The FONCE (Family-owned non-corporate entity) Exemption is most common for rental property owners in Tennessee to save on taxes.
The Power of the Charitable Remainder Trust
The CRT is a very powerful estate planning tool that may enable you to reduce your liability for income and estate taxes, protect your assets AND diversify your assets in a tax-advantaged manner.
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 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.
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 […]
