Month: October 2013

Protect real estate investments with an LLC

You've got things flipped around a little here. If you're a business owner, a limited liability company, or LLC, structure can protect your home and other [...]

When does it make sense to put property in LLC?

Q: I recently purchased a rental property in Illinois. The title is held jointly by my wife and me. We got an investment mortgage for 80 percent of the value [...]

1031 Like Kind Exchange Explained

The 1031 like kind exchange target persona is an individual or corporation who owns real or personal property held for productive use in a trade, business or [...]

Tax group releases state-by-state rankings

A string of low-tax states top the list for best business climates in the country, according to a new study from the Tax Foundation. Wyoming, South Dakota, [...]

What is IRS Form 1099-OID?

Zero coupon bonds are an example of an OID. This long-term debt instrument has Original Issue Discount (OID) when it is issued for a price less than its [...]

Why Not An LLC?

Limited liability companies are increasingly the entity of choice for new businesses of fewer than 50 employees.  Appropriately so, for LLCs offer great [...]