Real Estate Investing Blog For Real Estate Investors » Asset Protection

2013 Mileage Rate – A Good Deduction Or Not For Real Estate Investors?

Lee R. Phillips, JD — Mon, 17 Jun 2013 05:00:34 +0000

As real estate investors – wholesalers, short-sales experts, rehabbers, landlords – we will use a vehicle in our real estate investing business dealings. Whether it’s to check out a property, meet a potential buyer, make a scheduled repair for a tenant or daily while rehabbing a property for profit. Did you know automobile mileage accrued [...]

2013 Mileage Rate – A Good Deduction Or Not For Real Estate Investors? is a post from: Real Estate Investing Blog For Real Estate Investors

How Investors Avoid Double Taxation: LLC Or S Corp?

Nellie Akalp — Fri, 03 May 2013 16:54:44 +0000

Creating a legal entity for your start up real estate investing business will establish much-needed separation between you and your business. Shielding your personal assets is the first and foremost reason to think about incorporating. But let’s face it. When it comes down to choosing a business structure, real estate small business owners are typically [...]

How Investors Avoid Double Taxation: LLC Or S Corp? is a post from: Real Estate Investing Blog For Real Estate Investors

7 Budgeting Tips To Become A Wealthy Real Estate Investor

Brian Davis — Tue, 23 Apr 2013 17:51:57 +0000

How badly do you want to be wealthy? Enough to change your habits from those of the middle class (i.e. “I got a raise” equals “I’m in the market for a larger house/car”) to those of the wealthy? If seven bank accounts sounds overwhelming, or if a maximum of 10% of your income budgeted for [...]

7 Budgeting Tips To Become A Wealthy Real Estate Investor is a post from: Real Estate Investing Blog For Real Estate Investors

Real Estate Investors – Tax Evasion Is A Big No-No!

Lee R. Phillips, JD — Mon, 15 Apr 2013 15:10:51 +0000

Tax evasion may seem tempting for those who feel that they are being taxed to death, but it is not the best solution for tax problems. Tax evasion is not only illegal and highly prosecuted, it saps piece of mind for the perpetrator. With tax increases seeming ever more probable, many are looking for a [...]

Real Estate Investors – Tax Evasion Is A Big No-No! is a post from: Real Estate Investing Blog For Real Estate Investors

California Land Trusts

Randy Hughes — Fri, 18 Jan 2013 17:02:21 +0000

California is a community property state, and in that respect it differs from others like Illinois and Florida. Illinois has land trust case law and Florida has land trust statute law. California has neither but recognizes the validity of the Land Trust nonetheless. California land trust property is not subject to Dower Rights, community property [...]

California Land Trusts is a post from: Real Estate Investing Blog For Real Estate Investors

Big Mess In Chicago With A Land Trust

Randy Hughes — Fri, 28 Dec 2012 17:04:32 +0000

Several months ago a lady from Chicago called my office and wanted to talk about a big mess she was in with her mother’s property. In 1993 her mother and step-father formed a land trust to hold title to their residence in a Chicago suburb. They made the lady and her step-brother (who she has [...]

Big Mess In Chicago With A Land Trust is a post from: Real Estate Investing Blog For Real Estate Investors

Asset Protection Law Defined For Real Estate Investors

Lee R. Phillips, JD — Fri, 09 Nov 2012 16:42:15 +0000

Asset protection law is one area in the law that is critical to your financial survival. Asset protection is a wide body of law. It includes tax laws, business structuring, estate planning, and law suit protection. Actually, there isn’t any discipline in law that is really considered “asset protection law.” There isn’t a class for [...]

Asset Protection Law Defined For Real Estate Investors is a post from: Real Estate Investing Blog For Real Estate Investors

How To Transfer Title Ownership Surreptitiously

Randy Hughes — Wed, 10 Oct 2012 17:14:16 +0000

Smart real estate investors use a Land Trust to hold title to their investments. The Land Trust is the best entity for privacy and flexibility of ownership. For those serious investors, using another entity as the beneficiary of the land trust gives further benefits and asset protection. There is no Federal Land Trust law, it [...]

How To Transfer Title Ownership Surreptitiously is a post from: Real Estate Investing Blog For Real Estate Investors

Why Do You Get Different Answers From Different Attorneys And Lawyers?

Lee R. Phillips, JD — Fri, 05 Oct 2012 18:26:42 +0000

I have clients come to me all the time and they’ve gotten one story from one attorney and another story from a different attorney and they don’t know which one to believe or what’s happening. What’s happening is a lawyer only has so many tools. A carpenter only has so many tools. Here’s the question: [...]

Why Do You Get Different Answers From Different Attorneys And Lawyers? is a post from: Real Estate Investing Blog For Real Estate Investors

The 10 Must-Have Documents

Dmitriy Fomichenko — Tue, 07 Aug 2012 16:40:40 +0000

Odds are, there’s an important document or two that you know you should have, but that you just haven’t gotten around to getting yet. Check out this gallery to see how many of these 10 must-have documents are in your possession – and which ones it’s time for you to take action on. Having them handy is [...]

The 10 Must-Have Documents is a post from: Real Estate Investing Blog For Real Estate Investors