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14 January 2019 | 4 replies
You can certainly simply make payments for your parents as a gift.
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22 December 2018 | 17 replies
Bryan, if you own the property outright, just gift the deed to the LLC.
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21 December 2018 | 1 reply
This stands in direct opposition to a capital intensive industry such as manufacturing where employee and owner skill may be less important than the company's fixed asset profile.While S179 is a valid strategy in the attempt to drive a taxpayer's taxable income below the 'threshold amount' so the SSTB receives the un-phased out Sec 199A deduction, a SSTB may not have the investments in fixed assets necessary to drive them below the threshold during the year unless they're already very close to the threshold.Some other ideas for taxpayers owning a SSTB to lower their taxable income:Roll taxable bonds into tax-exempt bonds.Life insurance & annuities.Real estate (it's BP after all).Oil and gas investments.Charitable gifts (including CRTs).Gifts to taxpayers with lower taxable income (powerful option is to gift a percentage of the business to a trust).If a SSTB is well above the threshold, a compelling case could be made that the business should be a C Corp in the current tax environment.
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16 March 2019 | 7 replies
I have a gulf access listing in SE Cape Coral that’s in a seasonal rental program and I’ve been giving the current tenants a $25 Publix gift card for each buyer showing.
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26 December 2018 | 2 replies
I purchased this home from my grandfather and he gifted me over $115k in equity therefore, it was a no brainer.
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30 December 2018 | 3 replies
In trying to figure out the best way to structure a deal for the property, I’ve looked into the idea of her gifting equity and owner financing.I’ve partnered up with two other guys who have raised money from investors and we are looking at other investment properties to continue in real estate.
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8 January 2019 | 152 replies
I've assigned contracts in as little as a week, helped families, saved credit scores, removed burdens, and have received hugs, kisses and thank you gift cards.
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3 January 2019 | 15 replies
I just give him a good discount on his rent, and water him with some good gifts periodically.
4 February 2019 | 5 replies
Does anyone give clients a gift or something nice to make their moving day easier/better?