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...
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. ...
Believe it or not, it could actually be a really smart move to buy your parent’s home and rent it back to them. In fact, there are several ways to handle a parent’s home depending on their particular health or financial situation. But a bare minimum, even if you...
Short-term rentals are a topic that is just buzzing with excitement and opportunity these days! Many real estate investors typically devoted to year-long lease agreements are seeing bigger profits partnering with companies like Airbnb and Vrbo. But as it is with all...
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...
Privacy is NOT asset protection…however Privacy can enhance Asset Protection. In fact for example, protecting your home from a lawsuit and protecting your identity from the public are two very different things. To tackle this difficult topic of privacy...
