Self Employment Tax & The Independent Contractor S Corporation, TaxPaying taxes as an independent contractor can be a pain. The purpose of this article is to make it easier for self-employed individuals (such as real estate agents, brokers and investors) to understand, calculate and plan for paying Uncle Sam the self-employment tax...
‘Oh My God, I Have Something Worth Protecting!’ Asset ProtectionWhen do I need my first LLC? When do I need a Series LLC? Do I need a Delaware Statutory Trust? When should I implement more advanced (and potentially more costly) options like domestic asset protection trusts or foreign trusts? It’s hard to make the best asset...
How Landlords Protect Themselves From Lawsuits Asset ProtectionIf you are a landlord, you have likely put in a lot of blood, sweat, and tears to get where you are. Still, you have to put in a little bit of extra work to avoid the risk of losing it all in a lawsuit. Let’s look at how landlords protect themselves from...
Control Without Ownership: The Smart Way Real Estate Investors Own Property Asset Protection, Corporate StructureIf you are in a position to invest in real estate, congratulations! Your hard work, saving and diligent money management will pay off. Now’s not the time to ignore asset protection. This means structuring your business in such a way to ensure the maximum legal...
Community Property: What Investors Need To Know Asset Protection, Estate PlanningYou can’t be a great real estate investor if you don’t have an understanding of marital property laws and how they affect your investments. Most U.S. states use common law, also known as or equitable distribution, as their matrimonial regime, but in Texas...
Anonymity & The LLC: States Where Business Owners Love The Laws Asset ProtectionReal estate investors love the liability and asset protection offered by a Limited Liability Company (LLC). Do you know what makes an LLC even better? When it’s completely anonymous. Fortunately, some states offer you the chance to escape from unnecessary legal...
4 Property Investing Tips to Remember Real EstateWhen most people think of investing, stocks, bonds, and mutual funds often come to mind. For most Royal Legal clients (including members of our mastermind group), the investment avenue of choice is real estate. Investing in property such as rentals, commercial office...
Basics of Land Investing Real EstateAre you tired of all the inconveniences that come with real estate investing, like tenants and structural repairs? The landlord life is not for everyone, and it’s getting old for you, it might be time to try something new. Land investing provides a variety of...
Are Real Estate Contracts Binding in the Era of Coronavirus? Real EstateIt’s been a few months since a worldwide pandemic took hold of this country, leaving a multitude of questions and complicated legal situations in its wake. Whether you are a real estate investor, a home seller, a Realtor, a landlord, a property manager, or a tenant,...
Which Housing Markets Are Most Vulnerable To Coronavirus Impact? Real EstateA recent analysis of housing markets all over the country has shown that more than half of the 50 housing markets most vulnerable to collapse due to the coronavirus pandemic are centered in the Northeast and Florida. The largest northeastern cluster is in New Jersey...
Diamonds in the Rough: The Keys to Finding Your Ideal Investors Real Estate In real estate syndication, no decision is ever made in a vacuum. When an investor decides to close on a given property, for example, they are not just choosing to buy that property—they are choosing to buy that property instead of buying one of the many other...
How COVID-19 Affects Foreclosures Real EstateCOVID-19 rightfully has a lot of homeowners (and real estate investors)nervous about the risk of foreclosure. Though a lender has to wait 180 days to initiate a foreclosure, both the private and business mortgage sectors are wondering what will happen to the economy...
‘Oh My God, I Have Something Worth Protecting!’ Asset ProtectionWhen do I need my first LLC? When do I need a Series LLC? Do I need a Delaware Statutory Trust? When should I implement more advanced (and potentially more costly) options like domestic asset protection trusts or foreign trusts? It’s hard to make the best asset...
How Landlords Protect Themselves From Lawsuits Asset ProtectionIf you are a landlord, you have likely put in a lot of blood, sweat, and tears to get where you are. Still, you have to put in a little bit of extra work to avoid the risk of losing it all in a lawsuit. Let’s look at how landlords protect themselves from...
Control Without Ownership: The Smart Way Real Estate Investors Own Property Asset Protection, Corporate StructureIf you are in a position to invest in real estate, congratulations! Your hard work, saving and diligent money management will pay off. Now’s not the time to ignore asset protection. This means structuring your business in such a way to ensure the maximum legal...
Community Property: What Investors Need To Know Asset Protection, Estate PlanningYou can’t be a great real estate investor if you don’t have an understanding of marital property laws and how they affect your investments. Most U.S. states use common law, also known as or equitable distribution, as their matrimonial regime, but in Texas...
Anonymity & The LLC: States Where Business Owners Love The Laws Asset ProtectionReal estate investors love the liability and asset protection offered by a Limited Liability Company (LLC). Do you know what makes an LLC even better? When it’s completely anonymous. Fortunately, some states offer you the chance to escape from unnecessary legal...
Offshore Banking: Everything Investors Need To Know Asset Protection, TaxThe concept of banking has been around for about as long as civilization itself. In ancient Mesopotamia, temples and palaces often acted as financial institutions, lending seeds to local farmers to plant their crops. Once those crops were harvested, farmers would be...
Community Property: What Investors Need To Know Asset Protection, Estate PlanningYou can’t be a great real estate investor if you don’t have an understanding of marital property laws and how they affect your investments. Most U.S. states use common law, also known as or equitable distribution, as their matrimonial regime, but in Texas...
What Is The Difference Between A Will And A Trust? Estate PlanningWhile you probably know that wills and trusts are both used in estate planning, many people don’t truly understand the difference between the two. So, what what IS the difference between a will and a trust, anyway? Both wills and trusts are used to pass your property...
A Guide to Estate Planning for Blended Families Estate PlanningMarriages don’t always work out. Whether it’s divorce or death, people deserve a second chance to find their soulmate. However, your second marriage can have important implications for the children you had during the first one. More specifically, you may need to use a...
The Pour-Over Will: The Perfect Addition To A Living Trust Estate PlanningFor the savvy investor looking to create a watertight estate plan, the pour-over will may be the perfect addition to a living trust. Named after the fact that it “pours” all a decedent’s remaining assets into the living trust, a pour-over will can be an effective...
Combat Fear With Financial Planning Estate PlanningFear without direction is a scary thing. We’ve all had our lives upended in the past month, both personally and professionally, in the face of the global Coronavirus pandemic and it’s left many of us feeling a lot of fear about the future. What we’re missing is a...
Estate Planning: Eligibility, Rules & Regulations Asset Protection, Estate PlanningOne interesting thing about the asset protection field is how many areas of law overlap. To run an effective practice, asset protection attorneys have to have a thorough understanding of business law, tax law, real estate, and yes, estate planning. Sometimes, clients...