
29 April 2024 | 4 replies
You might be thinking the LLC would offer you more liability protection when set up that way, but whether you own the property and rent to the LLC or the LLC owns it and you are the sole-proprietor of the LLC in its operating agreement will probably be the same in terms of ability for claimants to find you.

29 April 2024 | 2 replies
Especially if there's any chance of latent liability.

29 April 2024 | 6 replies
Does anyone have any experience using oil and gas tax deductions (Intangible Drilling Costs: 100% tax deductible during the first year and tangible Drilling Costs: 100% tax deductible) to reduce tax liability against Roth conversions ?

30 April 2024 | 54 replies
So I’m curious, I know you’re just funding it, but given the clear concern’s you don’t worry about liability?

29 April 2024 | 1 reply
I wanted a community pool to reduce my liability.

29 April 2024 | 29 replies
ha This is a real liability, the government originates most of its cases through "testing" which is to say contacts with landlords where they pose as potential tenants.

29 April 2024 | 8 replies
I strongly suspect your best move is to roll the TSP to a Traditional IRA and convert the IRA to a Roth, using non-retirement dollars to pay the income tax, even if you have to borrow the tax liability.

30 April 2024 | 43 replies
You can ignore capex for a while, but the financial liability just keeps quietly getting bigger.

30 April 2024 | 21 replies
My first reaction is if you’re looking to do high end flips, then I think it’s worth understanding your tax liabilities.