What Every Investor Needs to Know About the Compliance Side of Entity
Friday, August 06
Investors typically have lots of questions regarding the compliance side of entity structuring. There are many things to consider such as: states to register, tax filings and what a properly set up business looks like. In this article, we will examine all the different aspects of compliance when ...
Tax Planning Recommendations
Thursday, May 27
It is true that the average American loses more money to taxes each year than we do on food, clothing, and shelter combined. This forces people to take the steps needed to take control of protecting their bottom line from taxes with proactive tax planning. So how exactly do you know if you are ov...
How to Pick the Right Real Estate Strategy for Your Lifestyle
Friday, May 14
Choosing a real estate investing strategy can be a huge dilemma, especially when you are just starting out. Should you invest in short sales, note sales, or flips? Should you invest in cash flow or appreciation? Do you invest in your hometown or nationally? Trying to decide where to start can be ...
Entity Structure Questions & Answers (Part 1)
Friday, April 30
Selecting the right entity structure for your real estate deal can mean the difference between building and losing incredible wealth. It’s vitally important to incorporate correctly to protect yourself, your assets, and your wealth. I get a lot of questions about entity structuring, particularly ...
Automatic Pre-Audit Preparation
Friday, April 09
Everyone should do their upmost to prevent an audit on their taxes, but you should always be prepared for an audit. The best way to increase your chances of coming out of the audit unscathed is to keep excellent records. The IRS will not take your word as proof of anything, so it pays to have as ...
IRS Audit Prevention
Friday, April 02
There are many ways to reduce your chances of being audited by the IRS. As we’ve discussed in previous articles, the IRS has red flags for certain industries and tax filing behavior. Unfortunately, real estate investors and business owners stand a far greater chance of being audited than their sa...