Blog | Asset Protection for Real Estate Investors : Royal Legal Solutions

All Posts

Articles

Video

Getting the Tax Benefits From Sec. 199A for Rental Real Estate

The Tax Cuts and Jobs Act (also known as the Trump tax reform) implemented Internal Revenue Code Section 199A, which offers a deduction of up to 20% of the income for most businesses. Historically, whether…

0

Capture Every Dollar Of Tax Savings In Your Real Estate Business

We make it cheaper and easier to own real estate. Work with us to make sure you get every dollar you’re entitled to. Real Estate Investment Tax Strategy and Compliance Get things set up right….

0

How Independent Contractors Should Make Tax Payments

The Right Amount at the Right Time Filing and paying your taxes looks a lot different as an independent contractor than it does as an employee. Let’s talk about how a contractor calculates their income…

0

How to Handle Tax Planning in a Bear Market

Tax planning can be a critical component of your overall investing strategy. At Royal Legal Solutions, we love finding novel ways to help our investor-clients save tax money. We firmly believe that you can and…

0

3 Key Tax Benefits of Using an LLC Structure

Limited Liability Companies have many useful properties for investors. Most of my clients approach me about forming Traditional LLCs or Series LLCs for asset protection, but often are completely unaware of the potential tax benefits…

0

Three Ways Your Taxes Are Impacted by Student Loans

Student loans are a major stressor for most Americans, with nearly 40 million managing this type of debt. Don’t let ignorance of how student loan payments affect your taxes add to your worries. In fact,…

0

Tax Law and Family Court: What You Need to Know About Divorce, Custody, and Your Tax Obligations

Divorce is already one of the most stressful life events that many of us will go through. There’s a reason the expression is “going through a divorce”–it is truly a process to be endured. There…

0

Deciding How to File Taxes Once Married: Jointly or Separately?

You know that Frank Sinatra great “Love & Taxes?” Or those many romantic films that end with the couple riding off into the sunset, only to tumble into a large country bed with their tax…

0

How Long Are Investors on the Hook for a Tax Assessment?

Most of us real estate investors know the importance of keeping the Taxman happy. But he has time to determine if he’s happy. With the prevalence of IRS-related scams, we feel it’s important that real…

0

Scam Alert: How to Know if IRS Demands for Taxes Owed Are Legitimate Or Scams

Imagine you’re sitting in your office or at home going about your…

0

How You Can Save Thousands in Taxes with an S-Corp

If you are an active real estate flipper or wholesaler then you are more than likely subject to the self-employment tax (15.3%). Read on to discover how you can save thousands on your tax bill…

0

When to File Taxes Separately if a Married Real Estate Investor

Many married couples elect to file their taxes jointly because it is genuinely cheaper. Well, most of the time. If you’re a real estate investor, you likely already know that the typical rules don’t always…

0

Charitable Gift Options Using a Self-Directed 401(k)

Charitable contributions are a popular strategy among the wealthy for lowering tax…

0

Section 280A: Home Office Deduction Rules

Many people who have office jobs envy those who can work from home. If you’re a small business owner, freelancer, or kick-ass entrepreneur who uses a home office, you probably know that the truth is…

0

Double Your Real Estate Investment Return With a Tax-Efficient 401(k) Strategy

Did you know that you can use a self-directed IRA for your real estate investment? I’ve talked about this  before and you can read more from our article about self-directed IRA investments.  There’s no doubt…

0

Top 3 Types of Tax Professionals Real Estate Investors Should Be Aware Of

When dealing with life’s only two certainties, it’s hard to tell which is more painful: death or taxes. Death is painful no matter what. But fortunately, there are ways to actually minimize the misery involved…

0

Are Land Trusts Disregarded Entities for Tax Purposes?

A land trust can provide anonymity and asset protection, but how are they treated for tax purposes? It will depend on the type of trust you decide to form. Land trusts can be “simple, complex,…

0

Can Each Series in a Series LLC be Taxed Differently?

A Series LLC is a limited liability company that allows you to create multiple entities under one “master LLC”. Each new entity is called a “child series” and can have separate membership interests, assets, operations…

0

Flipping Over Using an LLC for Real Estate Investments – Do It Strategically

Are you an investor who buys and sells properties? Do you deal…

0

How a 401(k) Affects Real Estate Investors on Tax Day

You are probably already familiar with the benefits of a 401(k) for retirement planning. But did you know that using this type of account can also help you save on your taxes? In fact, there…

0

Don’t Pay Taxes With Your Credit Card

If you have considered paying your taxes with a credit card, you’re…

0

What Are The Tax Filing Requirements of a Partnership?

Partnerships, and LLCs taxed as partnerships (MMLLCs), do not pay tax at the partnership level. Instead, their income and losses are passed through to the individual partners, and reported on their individual or corporate tax…

0

Calculating the New Pass-Through Deduction for Real Estate Investors

The Pass-Through Deduction, introduced by the Tax Cuts & Jobs Act, allows sole proprietors, partnerships, and S-Corporations to deduct up to 20% of their qualified business income (QBI). Since many real estate investors operate under one…

0

How is A Land Trust Different Then A Standard Trust?

A land trust is defined as an entity used to hold title to real estate. Unlike the standard trust, usually land trust doesn’t involve family. Also, a land trust offers versatility for real estate investors…

0

Are Legal Expenses Tax Deductible for Real Estate Investors?

When it comes to legal expenses, what can and cannot be claimed as a tax deduction can be confusing. In fact, the answer really depends on the nature of the legal expense itself. Whether you’ve…

0