All Forum Posts by: Matt Ruttenberg

Ill explain a setup that my CPA told me to do, and then you can decide if you want to touch base.  I have a similar setup, but not for real estate, so it might not be 100% relevant.

1) My partner and I set up a Partnership (ill tell you why next).  2) Then each of us set up S-Corporations, which is also owned by our wive's (could be owned by a trust for further protection, but I haven't).

The reason we did a Partnership is for two reasons 1) You don't have to abide by the ownership % for your distributions (mostly), and 2) it can be owned by another corporation (S-corp can't).

Again, this isn't for real estate, and could change because it's passive versus active income, but with our personal S-Corps, we can set up different strategies that i won't get into here.

Feel free to reach out and I can introduce you to him.  

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Hey Zachary,

I'm not a CPA, but I work with a bunch of them as I'm a 401k administrator.  If you want, we can connect and I can see which ones might be a good fit.  

But in the meantime, here is a phenomenal podcast you might want to listen to: https://www.taxsavingspodcast.com/.

Most in depth tax podcast I've listened too.  But full disclosure, I've been a guest on there multiple times.  The host owns a accounting firm, and a software called TaxElm that be what you need on it's own.

Feel free to touch base if you want an opinion on a few others.

Hey @Will Seaman, I would definitely look into a tax professional that goes beyond tax prep. 

I'm a 401k administrator and see lots of clients come in who are missing out on basic deductions and credits because the tax preparer "doesn't look up" if you know what I mean.  Some accountants simply don't have the bandwidth for it.  

I have a number of contacts you could work that would be helpful.  Feel free to reach out if you'd like an intro.

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Life, Inc. Retirement Services invite you to join our insightful webinar, hosted by Matt Ruttenberg, Plan Design Expert and Co-Owner of Life, Inc. Retirement Services.

As the October 1st deadline approaches, it’s crucial to consider the advantages of a Safe Harbor 401k plan for maximizing 2024 contributions, and whether it is a good fit for your business.

Why Attend Our Webinar?

In this session, Matt will delve into:

• What is a Safe Harbor 401k: Learn how it can simplify compliance and offer substantial tax advantages..
• Safe Harbor 401k Options: Explore the different Safe Harbor 401k plans tailored to meet your business needs.
• How it ties together: Learn how a Safe Harbor 401k ties in to more advanced plan designs to allow for higher contribution limits.

Don’t miss this opportunity to make an informed decision that could enhance your company's benefits and secure its financial future before the deadline expires.

All who register will receive a recording of the webinar afterwards.

Reserve your spot today by registering below!

https://calendly.com/matt-ruttenberg/safe-harbor-401-k-deadl...

 Just sent you a note, thanks Bernard and Michael!

I am in need of a Cost Seg Engineer or expert that is willing to do a webinar for real estate investors.  It will be hosted in August at 3pm Honolulu time with investors mostly from Hawaii and West Coast of the mainland.

Looking for someone who has done webinars before, and has the slides already put together.

Thanks!

Yeah a CRUT is good before you sell, and a CLAT (Charitable Lead Annuity Trust) is good for after you sell the property... obviously time is of the essence there!