Is there a difference in the tax consequences for flipping in a single member LLC vs your personal name? Any suggestions as why to do one over the other?
Owning rental real estate offers many tax advantages. I don't think anyone that has looked into the strategy for more than 15minutes would be surprised by that.
However it does drive me crazy when pe...
I was wondering what exactly is the difference between ROI and Cap Rate. From my understanding ROI is initial investment/net income x 100.
Is this the same for the cap rate, or is it calculated differently?
I’m adding another forum question to my string of cost seg questions.
I’m partnering up on a purchase. My spouse meets real estate professional status. The real estate partner does not meet status and will not quali...
As I’m sure many of you are aware of, bonus depreciation began its phase-out this year. Bonus depreciation has been a key element in the tax planning strategies for many businesses which allowed for a large portion of...
Since it's almost the end of the year, I wanted to focus our question on ideas and strategies that can help us make last minute changes to help lessen the tax burden, or to start the year with best practices.
Let's h...
What are your thoughts on the 6 weeks Strategic Tax Savings Program from Keystone CPA? I read Amanda and Matt’s book volume 1 and it was eye opening for me. Am fairly new to real investments (only have one small ren...
I am looking at ordering Bobs 1K package that is said to show you how to setup trusts and corps in the best legal way possible. I wanted to know what anyone's experiance has been with this program. If you have a bette...
Check out how Slocomb was able to save money on taxes. Thank you, Theo Hicks for sharing this blog post with us.
Through cost segregation, you may be able to save thousands of dollars on your annual tax bill. If you ...
Ran across this in my little newspaper today. A local guy is selling 3 massive Senior Living Centers in WA and 1 in ID. He used to have them across 21 states. He is 94 years old. He owns them in an entity, of course...