How Many Properties Should I Put in My LLC?

by Mark J. Kohler | Apr 7, 2022 | asset protection, Blog, Business, Business Entities, Real Estate

The majority of real estate investors do not need an LLC for every rental property…and yes, that sounds simple on the face of it, but it can certainly get tricky in practice. Regrettably, a lot of workshop gurus and ‘coaches’ however, (working out of...

How Much Should I Send in with my April 18th Extension?

by Mark J. Kohler | Mar 29, 2022 | Business, Business Entities, Tax planning, taxes

How Much Should I Send in with my April 18th Extension? Taxpayers must understand that, even if they file for an extension on their tax return, they are only given an extension to ‘file’ not to ‘pay’. Meaning, even if you file an extension, you are still required to...

Tennessee Rentals and the FONCE Exemption

by Mark J. Kohler | Apr 15, 2021 | Blog, Business Entities, Business Tips

The FONCE Exemption is one of the most popular strategies individuals use when investing in rental real estate to avoid the Tennessee Franchise and Excise tax. Just this past month we had a new client investing in the Volunteer State frustrated because they were being...

What to do If I can’t pay my Taxes by October 15th

by Mark J. Kohler | Mar 5, 2021 | Blog, Business, Business Entities, Tax planning, taxes

Are you wondering “What can I do If I can’t pay my Taxes by October 15th”? So many people think all is lost when they can’t pay their taxes by October 15th and just decide not to file. The worst thing you can do on October 15th is throw up your...

Write Off Your Travel and Dining Expenses

by Mark J. Kohler | Dec 20, 2020 | Business, Business Entities, Business Tips, Tax planning, taxes

WRITE OFF YOUR TRAVEL AND OTHER EXPENSES From my perspective, travel is one of the most underutilized tax deductions by small-business owners today.  Write-off your travel and dining expenses, by following a few simple rules. Moreover, meals and travel can be a...

The Difference Between Sub-Contractors and Employees

by Mark J. Kohler | Aug 27, 2020 | asset protection, Business, Business Entities, Business Tips, Employees, Legal Tips

Understanding the difference between sub-contractors and employees is a very important area of employment law. Far too many business owners cut corners in this area and don’t think it’s a big deal – IT IS a big deal.  How you classify a...