Getting Hit With the Alternative Minimum Tax?
Updated December 15, 2020 There are two ways to determine your tax—the regular way that most everyone understands, and the alternative method.…
Latest Articles
When is the Right Time to Update Your Living Trust?
There are times I think our legal system is irreparably broken. The system has been infected by a malevolent virus that is…
Are You Missing a W-2?
Updated December 8, 2020 Have you received all of your W-2s? These documents are essential for completing individual tax returns. You should…
LLC Asset Protection Benefits
Updated December 8, 2020 LLC Asset Protection Benefits are Jeopardized When Filed in Another State I recently received an email from a…
Flipping Homes – A Reviving Trend in Real Estate
Prior to the recent economic downturn, flipping real estate was popular. With mortgage interest rates low and home prices at historical lows,…
Man Receives 115k From Mother For a Finger
Updated December 8, 2020 A New Jersey jury awarded a man over 115k for a lost finger. John Garrity sued his MOTHER…
Keeping Good Records
The IRS is becoming increasingly vigilant about closing the Tax Gap; that is, the difference between what is owed and what is…
Wyoming LLC Filed in California
Updated December 8, 2020 I received an email from a client recently who was concerned about some information she received from a…
Licensed Real Estate Agent’s Activities Count for PAL Qualifying Real Estate Professionals Exception
Updated December 8, 2020 In past newsletters or articles, I have discussed what is required of a real estate investor who seeks…
Wholesaling Real Estate 101
Here at Finance , we’ve worked with hundreds of wholesalers in the last 17 years; very often, these have been people who…