Maximize Your Impact: Tax-Smart Charitable Giving for REIs
Monday, November 11
"When you are kind to others, it not only changes you, it changes the world." -Harold Kushner Disclaimer: This article will ignite your entrepreneurial creativity, but it does not constitute tax or legal advice. It's always best to consult your tax and legal professionals for personalized guidanc...
The Dangers of Distraction for REIs
Monday, November 04
>Four-minute read >What’s a marshmallow got to do with it? >Plan, Focus and Execute >Have you got the time? >Don’t bite >Just one thing Apparently, there's some news happening around us these days. I often use this space to send you detailed information about tax code updates, l...
$500 Daily Fine for Corporation, LLC, & HOA
Monday, October 28
The U.S. Government is nailing real estate investors to the wall in a bold move to control financial crimes. BOI is yet another Federal program, “Beneficial Ownership Information.” The BOI program, a key tool in the fight against financial crimes, requires every business to document it’s 'Benefic...
Oh-NO - A Business Audit
Monday, October 21
"The best preparation for tomorrow is doing your best today." - H. Jackson Brown Jr. The issue we're tackling today might overwhelm you because of what it means for your business. Before I dive into some ways you can prepare for a business audit, allow for a quick refresher: IRS audits are often...
Fear Is a Great Motivator-What Tax Documents to Keep
Monday, October 14
5-minute read · Retain a paper copy or receipt of any tax-relevant transaction. · Keep brokerage statements indefinitely for taxable accounts. · Keep IRA nondeductible contribution records forever. · Keep partnership documents, contracts, commission or royalty structures forever. · Save ALL y...
MONTANA’S FRIGHTENING FORCLOSURE RATE
Monday, October 07
What’s happening in the world of real estate? Starting with this surprising statistic, I came across: Montana’s March 2024 home foreclosure statistics rate was one in every 21,560 homes, and these mortgage foreclosure statistics show 24 out of 517,430 housing units. Crazy, right? But... what ...