There's nothing wrong with that though if that's what you're after, because there are some amazingly beautiful properties on those lakes, but you pay the tax premium for it too.

Forming a single member LLC offers tax and management advantages however, amending your existing partnership LLC with the state might be quicker and more cost-effective than transferring ownership through a quitclaim deed.

Number of sold are up about 12.5%Today's RatesLooking Ahead:As we head into the Spring market, I predict more buyers will begin entering the market, especially once tax season is over with come April.

Keep the money, get taxed on it, and do whatever you want.

He has been wonderful in helping me grow and change my tax strategies as my business has grown.

I found this other group called Certified Tax Coach (https://www.certifiedtaxcoach.com/) that help with tax strategies and tax savings. 

In a recent post about how to minimize the taxes on rental income it was mentioned that: Setting aside reserves is an expense, so long as they are not excessive.

I’m debating if I should implement rent increases for current tenants during lease renewal, even if it’s just $25/month to help keep pace with increasing costs and taxes. 

In general the holding cost I estimate are utilities, loan payments, taxes, and up keep costs for example.

Hello, I am wondering if anyone knows of a few CPA's with lots of rental property experience to help me sort out my first year of taxes and deciding on an LLC in the Denver/Littleton area.