How Short-Term Rentals are Taxed

Short-Term Rental

More and more real estate investors are adding ‘short-term rental’ properties to their portfolios and with a lot of success. However, many still have questions about where to place them in their tax and legal structure.

Is the Single Member LLC a Solution for Me?

single member LLC solution

Single-Member LLC’s have their place in the spectrum of business entity choices, and whether such an entity is right for you will depend on the details of your own personal situation.

How Many Properties Should I Put in My LLC?

how many properties should I put in my LLC

I truly believe that an LLC for every rental property isn’t needed for the far majority of real estate investors.  It’s expensive, cumbersome and provides nominal benefit when there’s not a lot of equity in their rentals….yet!!

How to Protect My Residence from a Lawsuit

Protect My Residence from a Lawsuit

For most of us, our home is one of our most valuable assets. It truly is our “castle”, but it can also be one of our most vulnerable assets. Here are 8 strategies that should considered in a well designed Asset Protection Plan.

Where to Set-up my Corporation or LLC

Choosing the State in which to set-up your corporation or LLC is actually a very straightforward decision. Don’t let someone talk you into setting up your new entity in Nevada, Delaware, Wyoming or Utah…just to name a few.

What is a COPE for Asset Protection?

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.

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.