Tax Planning archive

LLC Tax Classification: What Is It & How Do Investors Get it

Posted by Lee R. Phillips, JD on Friday, May 17, 2013 at 12:03 pm. View Comments

LLC tax classification is the way you choose your LLC entity taxing structure. LLC is short for limited liability company. There are folks who think ...

Filed under Tax Planning, C or S corporate tax structure, charging order, corporation, disregarded entity, IRS, LLC, LLC entity, LLC tax classification, partnership, single member LLC, tax classification.

Income Taxes – 7 Income Tax Savings For Real Estate Investors

Posted by Frank Chen on Thursday, April 25, 2013 at 2:14 pm. View Comments

Income Taxes Can Really Eat Into Your Profits. Here Are A Few Ways To Save On Your Income Tax As Real Estate Investors...

Filed under Tax Planning, income tax, income tax deduction, income tax deductions, income tax saving, income tax savings, income taxes, real estate income tax, real estate income tax savings, real estate tax deduction, real estate tax deductions, save income tax.

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

Posted by Lee R. Phillips, JD on Monday, April 15, 2013 at 10:10 am. View Comments

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 ...

Filed under Asset Protection, Tax Planning, checkbook IRA, tax avoidance, tax bill, tax code, tax deductible, tax evasion, tax obligation, tax savings.

LLC Yourself? Anyone Can Do It

Posted by Lee R. Phillips, JD on Wednesday, March 13, 2013 at 11:49 am. View Comments

LLC yourself or form an LLC company without a lawyer? Sure, you can do it yourself!

Filed under Real Estate Investing, Tax Planning, liability problem, liability protection, LLC, LLC yourself, multi-level products, operating agreement, saving tool, sole member- manager.

Retirement Plan For Real Estate Agents

Posted by Dmitriy Fomichenko on Tuesday, November 6, 2012 at 11:38 am. View Comments

There’s never been a more important time to protect and grow your retirement funds. If you are self-employed real estate agent and your plans include ...

Filed under Self Directed IRA, Tax Planning, estate planning, investing with Solo 401k, limitless investment options, prohibited transaction, real estate investing with IRA, retirement funds, retirement plan, Self Directed IRA, Solo 401k, Solo 401k plans, tax-deferred profits.

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

Posted by Lee R. Phillips, JD on Friday, October 5, 2012 at 1:26 pm. View Comments

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 ...

Filed under Asset Protection, Tax Planning, basic estate planning, estate planning, estate planning basics, estate planning law, estate planning tips, estates and trusts, real estate llc.

Tax Rules Affecting Real Estate Investors: Capital Gains & 1031 Exchanges

Posted by Brian Davis on Wednesday, April 18, 2012 at 11:55 am. View Comments

Nothing is more certain then "death and taxes," however many investors may not be aware of the new capital gains taxes affecting the real ...

Filed under Tax Planning, 1031 exchange, 1031 tax-deferred exchange, capital gains, death and taxes, landlord tax deductions, new capital gains taxes, real estate 1031 exchanges, tax rate.

Real Estate Tax Appeals

Posted by Jack Miller on Friday, March 9, 2012 at 12:46 pm. View Comments

There are a few ways to make money. One is to raise income, and the other is to cut expenses. Keep in mind that in ...

Filed under Tax Planning, broker price opinion, commercial investment property, commercial real estate, real estate tax, real estate tax appeals, real estate taxes, residential investment property, tax appeals.

Uncle Sam Wants to Double Your Money!

Posted by Russ Whitney on Tuesday, February 28, 2012 at 12:00 am. View Comments

What’s the rate of return on savings accounts these days? How about in the stock market? CDs? Bonds? This stuff changes every day, but one ...

Filed under Real Estate Investing, Tax Planning, annual depreciation, cash flow formulas, cash investment, double your money, real estate investors, smart real estate investments, tax law, Uncle Sam.

Real Estate Investor Tip – Save On Real Estate Taxes

Posted by Camille Baptiste on Tuesday, January 24, 2012 at 12:20 pm. View Comments

Taxes, Taxes, Taxes -- No I'm not cussing, lol. My mailbox was full this week with my property tax bills. Get this, even though the valuations ...

Filed under Entrepreneurship, Tax Planning, paying taxes, property tax, property taxes, real estate taxes, small business taxes, Tax, tax bill, tax burden, tax deduction, tax deductions.

The Number One Terrorist Of The 21st Century

Posted by Randy Hughes on Tuesday, May 24, 2011 at 12:02 pm. View Comments

The subjects of Privacy and Asset Protection are complex issues. Most people today just “throw their hands in the air” and give up. New laws ...

Filed under Asset Protection, Tax Planning, IRS, Land Trust, real estate, tax return, transder of property.

Property Taxes Reach The Breaking Point

Posted by Tom Donnell on Wednesday, April 27, 2011 at 12:05 pm. View Comments

Property taxes grew significantly in the recession, according to the Tax Foundation. Nationwide, state and local revenue from property taxes totaled nearly $474.2 billion in ...

Filed under Tax Planning, local tax revenue, property tax, property tax liabilities, property tax relief, property tax revenue, property taxes, stable revenue source, tax fell, tax hikes.