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…
Real Estate Investing
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…
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,…
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…
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 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…
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…
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…
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…
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…