I meet one on one with at least 1,000 clients a year to discuss their business ventures, tax planning and most importantly their rental properties. Inevitably, we are going to talk about wealth building and rental property is going to be critical to the discussion. ...
As many of you know, our law AND accounting firm recommend to ALL of our clients to purchase at least one rental property a year for tax planning and wealth building benefits. It doesn’t have to be big, but at least something. Thus, I have created these “10 Steps to...
How many of you build, track and utilize credit card points for personal benefit? It’s a great tax strategy (credit card point redemption benefits are currently tax-free), AND it’s an added bonus when you have to pay one of the most dreaded bills of the...
Many of us at some point in our lifetime are going to experience at least one year where we are faced with a daunting tax bill. Even the most careful and successful people can have a problem paying their taxes due to an unforeseen situation. First, don’t...
I realize this may sound cliché or even crazy, but the FIRST Step I have learned over my 18 years as an Attorney and CPA, is that if someone REALLY wants to build wealth and save taxes, they need to Start a Small Home Based Business. Please hear me out for those of...
Even experienced business owners or investors can benefit from using a Strategic Plan. It is truly an integral part of a successful investment strategy or business operation. A Strategic Plan is not a Investment or Business Plan. A Strategic Plan sets forth a timeline...
