The Insurance Shield: Essential Policies for Maximum Property Protection
Approximately , according to the Insurance Information Institute. The average policyholder is underinsured by around 20 percent, but some are underinsured by as much as...
Lawsuit Nightmare: Protecting Your Portfolio From Tenant Claims
You might own the properties in your investment portfolio, but robust landlord-tenant laws leave these homes vulnerable to legal disputes. Legal fees and damages can...
How To Protect Your Personal Bank Account (Avoid Garnishment!)
I’m about to share with you a crucial lesson I learned the hard way. In the world of finance and asset protection, I thought I...
Navigating the 1031 Exchange to Maximize Investments for Business Owners
A is a real estate investment strategy where you defer paying capital gains tax on a property you sell by putting the proceeds toward a...
Deferral of Capital Gains Tax vs Step-Up in Basis
When you sell an asset for more than you originally paid for it, your profit is called a capital gain. Capital gains are taxable at...
Are There Any State-Specific Estate Taxes in Addition to the Federal Tax?
The is a tax on a person’s assets upon their death. It doesn’t apply to all estates, only to those with assets valued above a...
Combining 1031 Exchange and LLCs and Trusts
Many real estate investors combine 1031 exchanges with other to reduce taxes, but there are several other reasons you might consider exploring these options. or...
What Is Capital Gains Tax?
If you’re investing long-term and profiting from your investments, you may be subject to capital gains tax. While gains from the sale of investment assets...
How the Corporate Transparency Act Impacts Small to Medium-Sized Businesses
The is a piece of legislation that’s likely to affect most businesses operating in the United States, both domestic and foreign. Starting on Jan. 1,...
What Properties Are Exempt From the Federal Estate Tax?
The is a tax that people often have to pay on property they inherit from someone who’s deceased. While this tax applies to most types...