Generating Cash for Real Estate Deals - Self-Directed IRAs
Friday, September 04
Self Directed IRAs Investing IRA funds in real estate used to be quite complicated, time-consuming, and expensive. Deals had to be administered by IRA custodians every step of the way, complicating the process, and fees had to be paid to the custodian every time the IRA made a move. Although, muc...
What You Should Know about the Legal side of Entity Structuring
Friday, August 14
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 Your Real Estate Investment
Friday, July 31
"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 ...
Ten Reasons NOT To Use Corporations for Real Estate Ownership
Friday, July 17
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. S...
Top Reasons Why You Should Set up Solo 401k
Friday, July 10
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...
IRS Audit Prevention Tips
Friday, April 03
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...