I have been watching several of Mark Kohler's videos on Youtube regarding tax strategies and planning, and came across something that made me scratch my head.  In his diagrams, he considered all rental properties as p...

I have been offered ( by a CPA and Legal Buffet ) a reestructuring of my business with LLCs in Wyoming as they apparently offer the best asset protection as you can have a Nominee manager The scheme sounded great but ...

I want to dissolve my LLC where I am the sole owner with one rental property.
- What are the tax implications if I were to transfer the property to myself?
- What are the tax implications if I were to transfer the...

What is the best way to calculate a good deal, on buy a home for short term rentals. I am currently interested in buying some property. That I want to use for short term rentals. I just seem to be lost on how to calcu...

Folks, here is my situation and need your guidance on what should i do.* age 44* 40 doors all managed by myself* net passive income per month approximately 27k* just achieved my golden number of passive income / month...

I am from NY State and I've been told not to form an LLC. in this state. I was also told to check Utah as a great state to form an LLC. I know I would need an Agent who resides in Utah. There would be no ownership in ...

Hello all!Can anyone recommend a good attorney in the north Atlanta metro to help me set up LLCs for my day to day operations and another for holding assets?  I would prefer an attorney that does a lot of business wit...

I just watched a interesting documentary last night called "Were not broke". And I gotta say, I'm impressed of these huge corporations such as Google, Apple, Verizon, etc. were able to avoid paying federal income tax....

As it relates to being the sole owner of the "corporation."So, for my question lets say i hypothetically made 100k for the year. I read that is best keep wages and distributions equal to avoid a red flag from the irs....

I own a rental property via an S corporation, and was curious if I could set up a 401K for myself as both employer and employee.  I already have a 401K at my primary job, and max that out, as well as max out a Roth IR...