What You Should Know about the Legal side of Entity Structuring
Friday, August 17
When choosing an entity for your real estate investment, it is vital that you understand the legal issues involved, so you can protect your assets. We have already explored the tax implications of entity structuring. In this article we will look in depth at the LEGAL side of entity structuring, L...
How to Choose the Right Entity for Real Estate
Friday, August 10
"THE TAX SIDE OF ENTITY STRUCTURING"There are three main aspects of entity structuring: legal, tax and compliance.The goal is to find one that meets all three criteria. One size does not fit all. Structures can be changed.Ease of compliance - What are the compliance requirements? - annual filings...
Ten Reasons Not To Use Corporations for Real Estate Ownership
Friday, July 13
Why use an LLC partnership instead of a Corporation?LLC-partnerships avoid the following corporate disadvantages by default (automatically); by election; or by planning. When referring to a partnership the term “partner” includes a member of an LLC or more specifically of an LLC-Partnership. Su...
6 Top Reasons to Set Up a Solo 401K
Friday, July 06
What is a Solo 401k?A Solo 401k is a great retirement plan for self-employed individuals or business owners with no employees or part-time employees only. Business types such as sole proprietorships, family businesses, partnerships and corporations can take advantage of what the Solo 401k has to ...
Entity Structure Questions & Answers (Part 4)
Friday, June 15
This is the final part of our series on Entity Structuring Questions and Answers.QUESTION: "A client came to me and asked why he did not get any stocks from an LLC. I told him that LLC does not issue stocks. He told me that he once went to an attorney to set up a LLC. He keeps insisting that the ...
Entity Structure Questions & Answers (Part 3)
Friday, June 08
This is part 3 of our series on Entity Structuring Questions and Answers.QUESTION: I have a rental property in Colorado and have created a Colorado LLC to hold it. However, I bought the property under my own name and have a small mortgage under my name. The mortgage company won't let me transfer ...