by Al Aiello, CPA, MS Taxation | Oct 7, 2013 | Asset Protection, Real Estate Tax Strategies
“My lawyer told me umbrella insurance is enough to protect me, so I don’t need an LLC.” ~ An ill-advised Real Estate Investor With lawyers like the above, who needs enemies? You should absolutely have liability insurance. But insurance doesn’t protect you...
by Al Aiello, CPA, MS Taxation | Jun 25, 2013 | Asset Protection, Real Estate Investor Resources, Real Estate Tax Strategies
Asset protection is more important now than ever before because there are 82,000 lawsuits filed DAILY with real estate being a BIG target. There are numerous vehicles to protect you – LLCs, trusts, insurance – including combinations of these. Equity Stripping...
by Al Aiello, CPA, MS Taxation | Jun 13, 2013 | Asset Protection, Real Estate Tax Strategies
Money-saving entity selection and strategies are not based on arbitrary guess work, but on factual data by examining the three sides of an entity – the LEGAL side governed by state law – the TAX side governed by tax law – and the IRS side governed by statistics as to...