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25 June 2024 | 1 reply
Transferring Your LLC via Will:Review Operating Agreement: Check if your LLC’s operating agreement addresses ownership transfer upon death.Update Your Will: Specify in your will that you intend to transfer ownership of the LLC to a named individual or individuals upon your death.Consult an Attorney: Seek advice from an attorney specializing in estate planning and business law to ensure your will is legally sound and compliant with state laws.Consider Tax Implications: Understand potential tax implications of transferring LLC ownership through your will and plan accordingly.Notify Your Successor: Inform the person named in your will about their future role in the LLC and provide necessary documents.Please feel free to reach out if you need any further assistance.
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25 June 2024 | 8 replies
I am happy to discuss this further if you'd like, feel free to reach out.
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25 June 2024 | 4 replies
We'd be happy to assist, feel free to reach out.
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26 June 2024 | 22 replies
Feel free to send me a message if you have a specific question.Elvin O'Neal Managing Partner Www.clearmindequitypartners.co...
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25 June 2024 | 1 reply
Feel free to shoot me a direct message!
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25 June 2024 | 1 reply
Depreciation: For investment properties, you can depreciate the property over a set period, reducing your taxable income.5. 1031 Exchanges: This allows you to defer capital gains tax by reinvesting the proceeds from a sale into a similar property.Feel free to ask any questions or share your own experiences!
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26 June 2024 | 32 replies
Depending on where you are, do this half a dozen times and you could have $500k-$1mil tax free in a decade or so.
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25 June 2024 | 3 replies
Feel free to reach out if you'd like to discuss further.
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25 June 2024 | 3 replies
Feel free to message me directly or get my email/phone number from my profile.