Yes, Dave Ramsey is absolutely right in suggesting that more Americans should eliminate all the debt in their lives…but all of it? My answer is emphatically – No! I believe that there are two types of debt: ‘Good debt’ and ‘Bad Debt’. One makes us money, while the...
The picture above is of the annual potato harvest that takes place all over Eastern Idaho each year. The next time you walk into Five Guys for a burger, you can now see where those bags of potatoes are coming from…literally. Now, we city slickers may yearn for a...
Every week, if not every DAY, one of the attorneys in my office is asked this question in a consultation. We take this seriously and want to give them the answer that is in THEIR BEST interest, which means an LLC for every rental probably isn’t necessary....
A Charging Order Protection Entity (COPE) is a unique type of entity that can provide additional protection for the assets it holds from the owner’s personal liabilities. It is far more advanced and complex than the average LLC. The COPE is generally structured as a...
Setting up a “Board” can be one of the greatest keys to success for an entrepreneur. Face it, being an entrepreneur can be a lonely business. Having a Board of Directors or Advisors will be a ‘support team’ in many ways; giving encouragement,...
As we have been working through tax returns for clients this tax season, it’s alarming to see how many clients aren’t maintaining their checkbook properly, or not even having a separate checkbook at all for each of the companies they own and operate. I’m not just...
