Why Your Self-Directed IRA Needs A Special Custodian

Individual Retirement Account (IRA) is a term known to all Americans, but even smart real estate investors we work with don’t always understand how they work. It all starts with understanding the role of the Self-Directed IRA custodian. An IRA must be established by a bank, financial instituti... Read More.

Why The Self-Directed IRA LLC Means You Don’t Have To Pay IRA Custodian Fees

A Self-Directed IRA LLC is an IRS-approved tax structure that allows you to personally manage your retirement account without having to pay a custodian. It also offers several other benefits, such as ease of access and tax-free profits. Self Directed IRA LLCs vs. Traditional IRAs A Self-Directed IRA... Read More.

Self-Directed IRA Bitcoin Investing

Bitcoin is constantly making headlines. We’re getting a little sick of hearing about it, to be totally honest. As Bitcoin becomes mainstream, we hear stories of the crypto-savvy investor buying Bitcoin in its early years and becoming a millionaire. Which leaves more investors asking, “Why no... Read More.

Renting To Tenants With Dogs: What Landlords Need To Know About Liability

We’ve all heard of horror stories about the dog owner who had to go to court because his/her dog bit a child at the park or snapped at the pizza delivery guy. These cases can often elicit strong emotions. Dog lovers can empathize with the dog owner, whose otherwise gentle furry friend is maligned ... Read More.

How Does A Reverse Mortgage Work?

Actor Tom Selleck (Magnum, P.I.) is the latest celebrity shilling for them on television. Maybe you have an older family member or neighbor who has gotten a phone call from a financial institution offering them. But what are reverse mortgages and how do they work? If you are a senior homeowner with ... Read More.

What Is Passthrough LLC Income for Tax Purposes?

There are two short answers to the title question: yes, and hell yes. But don’t just take our word for it. Passthrough LLC income is a hot topic in the investment community. If you’re not sure what that means, you’re not alone. Read on to learn about what exactly passthrough income... Read More.

Don’t Jeopardize Your Portfolio: 2 Guiding Principles Successful Investors Follow

It’s a common cliché among investors that we are our own worst enemies. While it’s true that some investors shoot themselves in the foot by jumping on a bandwagon that’s headed for a cliff, another cliché to keep in mind is to never put all your real estate investment eggs in one basket. We ... Read More.

Which Type of Business Entity Needs an Employer Identification Number (EIN)?

Businesses pay taxes. It is a truth as old as time. However, how a business entity pays taxes vary. For many, the Internal Revenue Service (IRS) requires them to file for an employer identification number (EIN). The EIN, also referred to as a taxpayer identification number (TIN), is a unique number ... Read More.

IRA Rollovers: Yes, Rolling Over Your 401(k) Into An IRA Is Smart!

Changing careers? Deciding what to do with retirement funds is going to be a primary concern. While there are a number of options available, many choose to roll these funds over into an Individual Retirement Account. There are a number of good reasons for this, and we’ll be looking at seven of... Read More.

The DST 1031 Exchange: What Smart Real Estate Investors Know

The Delaware Statutory Trust (DST) is a bona fide legal workhorse.  For the right investors and circumstances, it’s often an excellent tool that preserves passive investment income, prevents lawsuits, and has special tax benefits for Californians. It can pull double duty for asset protection and ... Read More.

Using a Power of Attorney With a Land Trust

Using a power of attorney with a land trust is a good idea. A power of attorney, or a POA, allows someone to act on your behalf. This is a good thing to have in case you are out of town or you are unable to act when the need arises. You may think of Read More.

Maintain Your LLC Corporate Structure to Avoid Lawsuits

Why file an LLC and manage a company if it’s going to get invalidated? Can’t a good litigation attorney just “pierce the corporate veil” of an LLC? That advice is just wrong. LLCs are incredibly hard to pierce—if they are maintained correctly. The problem is that most busin... Read More.

Strategies to Lower Capital Gains Taxes

Capital gains taxes are the bane of investors everywhere. There’s no wonder they stoke a little resentment among real estate investors: Uncle Sam likely had little to do with the profitability of your property. But you’ve still got to pay up. And of course you should, but not without knowing... Read More.

Is a 1031 Exchange Investment Strategy Right For Me?

1031 Exchanges offer real estate investors tax benefits and access to unique deals. Making the decision about whether using this strategy is the right move for you can be difficult. It’s important to understand the 1031 exchange process and consider the value of its benefits in your own situation.... Read More.

What is a Partnership Return?

The LLC or Series LLC has the easiest tax returns for a single member. It’s a “pass through entity,” which means all of the income from the company can be reported on your personal income tax return. You don’t have to pay thousands of dollars to a CPA to file a business retur... Read More.

When Was The Last Time You Updated Your Living Trust?

For those of you who already have living trusts, congratulations—you are certainly on the right track when it comes to estate planning.  But how do you know when to update your living trust? Even if you don’t have one yet, this article is worth a read … What is a Living Trust For? As a Read More.

Why Millennials Aren’t Buying Houses

Blaming millennials for everything has become a national pastime. One problem with cultural assumptions about entire demographics of people is these assumptions can water down or outright mislead our understanding of the real issues we’re facing. Like it or not, millennials’ habits will dict... Read More.

Did You Know Selling Your Property ‘As Is’ Can Get You Sued?

You might think selling your property “as is” means you’re covered if something goes wrong. The reality is that selling a property “as-is” can get you sued. A property with undeclared flaws can land you in hot water for a variety of reasons, including: Fraudulent inducement Wil... Read More.

How Assumed Names Disguise Your Ownership (And Help Make You Lawsuit-Proof)

The public disclosure associated with the identity of the true party in interest and the location where the party may be served with process if suit is filed is called a DBA.... Read More.

Without An Anonymous Trust, Your LLC (And Investments) May Be At Risk

When it comes to protecting your property, you should build a castle, not a fence. This is where an asset protection plan comes into play. Think of an LLC’s protection as being on par with a fence. It offers you decent protection, but you could do better. How? By getting an Anonymous Trust. W... Read More.

How You Can Bypass The 20% Withholding Tax On 401(K) Distributions Using Your IRA

You have to think of the IRS like they’re pirates out to steal your money. They want to get into your home. They want to carry off your daughter. They are the barbarians at the gate. Our clients are wealthy investors who will pay their fair share when and where they are obligated. But there Read More.

Everything You Need To Know About IRA & 401k Distributions

Are you ready for the next phase of life? One that leaves the daily grind behind? If you’re nearing retirement age, you’ve been saving for a long time, and now you’re getting close to the point where you can start taking distributions (finally). Let’s review everything you ne... Read More.

Top 10 Things You Need To Know About Distributions From Your Retirement Account

Congratulations! You’ve lived long enough to retire or you’re almost there. But before you “cash out” and get your money via distributions from your retirement account, you may want to know what some people learn the hard way. Let’s start with distributions from traditi... Read More.