tax

How to Maximize Retirement Income with Real Estate Through Investment & Tax Strategies

by Jeff Brown | November 1, 2011

The strategies available to the typical long term real estate investor have been more than somewhat limited. Either their ‘strategy’ is cash flow or it’s capital growth. They employ leverage as it relates to down payment, or opt for overwhelming down payments, even all cash. They’re from the school saying you buy, but never, as [...]

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Real Estate Investing

Are You Willing to Lose in Order to Win?

by Marty Boardman | May 26, 2011

“I have missed more than 9,000 shots in my career. I have lost almost 300 games. On 26 occasions I have been entrusted to take the game winning shot, and I missed. I have failed over and over and over again in my life. And that is why I succeed.” - Michael Jordan Thomas Edison [...]

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Real Estate

Considerations for April 15, 2011 Tax Deadline

by Clint Coons | March 19, 2011

As we approach April 15, 2011, our call volume dramatically increases. Individuals desperately seeking to reduce their 2010 tax liability inundate my firm with deduction related questions. Ironically, like asset protection planning that begins upon notice of a lawsuit, tax planning for 2010 should have begun over a year ago; but alas, such is the [...]

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Real Estate Law

The IRS Has its Eye on “S” Corporations

by Clint Coons | January 27, 2011

I have gathered from several responses to my prior post on “C” corporations versus “S” corporations that many active real estate investors prefer the “S” status. The reasons cited for “S” status are flow through tax treatment, i.e., you do not have a separate taxable entity to contend with, and employment tax minimization. For many [...]

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Real Estate Law

Six Clauses for Every LLC – Part 2

by Clint Coons | December 10, 2010

The purpose of this post is to provide investors with some guidance in creating their LLCs. So far, I have covered three of six points that in my experience have created the most problems for LLC owners. These six in and of themselves are not an exhaustive list, but a good start toward creating an [...]

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Real Estate Law

Six Clauses Essential for Every LLC – Part 1

by Clint Coons | December 2, 2010

A properly drafted operating agreement can greatly enhance the liability protection. An improperly drafted operating agreement will do the opposite, leaving creditors a superhighway of access to the assets. The issue is how to determine if your operating agreement is properly drafted or not. Most LLC operating agreements that I review fall into what I [...]

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Real Estate Law

The Series LLC Experiment – Looking for Guinea Pigs

by Clint Coons | October 28, 2010

When it comes to asset protection, I always tell my students and clients that segregating dangerous assets from each other is a sound strategy to limit overall risk exposure. Best practice dictates that each asset should have its own entity. For many people this could translate into to a multitude of business entities. For example, [...]

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Taxes

2010 Small Business Act: You Have Been Drafted by the IRS

by Clint Coons | October 7, 2010

In the off chance you missed your IRS draft notice I thought I would remind everyone of their new responsibilities. As you know, the United States has run up a huge deficit and spending is no where near under control. In an effort to appear as if steps are being taken to to address the [...]

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Taxes

Recent Tax Court Ruling Denies IRS Sec.121 Gain Exclusion on Sale of a Personal Residence

by Clint Coons | August 24, 2010

Have you ever considered tearing down and remodeling your personal residence? Better be careful because the IRS is watching and what appears on its face as an innocuous event can have serious tax ramifications for you down the road. In a recent tax case the IRS was able to convince the Tax Court (Gates v. [...]

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Taxes

Hype Or Opportunity: Cost Segregation

by Tom Koziol | February 13, 2009

Cost segregation is a tax saving method that apparently has caught on with the opportunity sales people. I know I get a spam or two a week telling me I can make jillions of dollars by marketing cost segregation to the local business community. Since I receive so many solicitations I’m beginning to believe this [...]

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Commentary

A Tax Free Retirement

by Tom Koziol | November 21, 2008

Doesn’t that sound dandy? Retiring with tax free dollars. Almost reads like a come-on from a certain East Coast based investment hustler. My friends, as of this writing if you own the product I am about to explain, you have a tax free retirement vehicle second to none. How you grow it determines how much [...]

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Real Estate News

Sunday Real Estate Wrap-Up

by Joshua Dorkin | February 24, 2008

I’m not sure about the rest of you, but this has been a LONG week for me. Personal issues aside, is seems like there is just so much happening in the world: Lunar Eclipse, US shoots down failing satellite, Kosovo declares independence, Castro steps down from leadership of Cuba, Ralph Nader is back, Clinton/Obama battle [...]

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