Transferring rental property into an LLC is one way property owners can protect their assets in case of legal action. This is one of the most popular options, due to its tax accounting and easy maintenance. Also, transferring property to an LLC should be neutral when it comes […]
The world we live in is global, and as a result every business and person is linked in some manner to international business activities. Especially Real Estate agents or property managers that pay referral fees to out of country brokerages – are there reporting requirements that you […]
Once you have submitted your tax return to the Internal Revenue Service each year, you may be thinking of when the next bonfire will be so that you can toss all that paperwork into it. But making arrangements for safely storing your tax paperwork is essential to protect […]