Articles – Page 6 – Hart & Associates

Business Meals Deductible Again

Ending months of speculation, the IRS has issued new guidance that allows business deductions for certain business meals, despite restrictions imposed by the new Tax Cuts and Jobs Act (TCJA) on entertainment expenses (IRS Notice 2018-76, 10/3/18). The new notice preserves deductions that many tax commentators thought were in doubt.

Now the IRS has clarified the rules […]

By invest|2021-09-20T11:00:07-07:00October 18th, 2018|Articles|Comments Off

Property Managers and Self-Directed IRAs Real Estate Rentals

Do you Manage a property that is owned by an IRA?

If not, would you like to but are just not sure how?

As a property manager, just knowing the basic rules makes you a valuable partner for your owner. You will find that some owners unintentionally […]

By invest|2021-09-20T11:00:07-07:00September 23rd, 2018|Articles|Comments Off

How many properties should you hold in one LLC or LLP?

There is no correct answer here. This is all about your personal tolerance for risk.

However, the purpose of an LLC/LLP structure is asset protection. The overall strategy should be to segregate assets. Therefore, if you have all of your properties held in just a single LLC/LLP entity and you are sued, all of the properties […]

By invest|2021-09-20T11:00:07-07:00August 12th, 2018|Articles|Comments Off