If you have been around in real estate investing circles for any amount of time you’ve no doubt heard the claims and horror stories about why you should be using entities to hold your real estate instead of holding title in your own name. If you are serious about your investing, you should have a [...]
Continue reading about The Downside to Using Entities for Real Estate Investing
At one of our properties in NC we started an experiment at the start of April. All leases include language passing along fees and taxes imposed by local authorities. Things like required annual inspection fees, taxes and even the cost of the business license can be prorated to the tenants with our new lease language. [...]
Continue reading about More Landlords Will Be Forced To Do This
Don’t miss this important deadline.
If you have an entity like a corporation, LLC or LLP you must either file your 1120 return by midnight tonight or file a request for an extension.
If you have an entity and file for the extension then your return will be due on Tuesday September 15, 2009. If you also [...]
Continue reading about Corporate/Entity Returns or Extenstions are Due Today – March 16, 2009
This is why you must stay on top of your state and federal withholding.
http://blogs.abcnews.com/thenote/2009/01/tax-refunds-now.html
Look for other states to follow suit.
You absolutely have the right, at least for now, to adjust your W4 and the state equivalent so that you don’t owe or receive a tax refund.
If you have the opportunity because you are self-employed or [...]
There is a great deal to do before the end of the year now that we know who the next President will be. I am still seeing lots of hits from people searching for answers on how to deal with an Obama administration. As I mentioned in some other posts here, many seem to be [...]
Continue reading about The Election is Over, Time to get to Work to Prepare for President Obama
Yes, the retail residential real estate market is still volatile and trending down. But, only real estate speculators buy at retail. The investor buys properties based on value and cash flow.
Yes, there is some weakness showing in some commercial real estate markets. But, again, the long term value investor will be fine.
REITs are massively over-sold. [...]
Continue reading about Looking Forward, This Should be a Good Year for Investors.
As I look forward to 2008, I am more nostalgic than usual over 2007. From an investing standpoint it was an incredible year. From a personal standpoint it was very challenging.
What can we expect of 2008?
Challenges? To be sure.
Opportunities? Incredible ones. They are already showing up and being swallowed up by savvy investors.
The holidays are [...]
First, I don’t want you to get the wrong impression. I do not disagree with the general premise of the author whose writings I am about to discuss. Over the long term, it is far better to buy and hold real estate than it is to flip for a quick profit.
My problem with this guy [...]
Continue reading about Do You Recognize Bad Advice When You See It?
I and several friends have been posting over at Magic Bullets lately offering advice and helping where I can. It is a very good site for real estate investors with little or no experience and I recommend it highly. The more I am there, the more I realize that there is a void in offerings [...]
On this last business day of the year you should already know what your 2006 tax liability will be come April 15th and you should have taken whatever steps you deemed necessary to adjust that tax bill. There is little you can do if you are reading this in early 2007 except fund your IRA [...]
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