Thu, 7 January 2016
Mark Kohler CPA just completed his third book and offers us 28 tips for tax planning and asset protection. He gives us insider information about S-corps, LLC’s and Obamacare. He wants everyone to have an exit plan for their life through a versatile revocable living trust because as much as you may not want to admit it we are all mortal. Knowing your properties and finding a balance of diversification and protection is a key component to smart real estate investing.
Key Takeaways: [2:13] 28 game changing strategies for tax and asset protection [3:54] 3 Tips for planning [4:55] Know the difference between ordinary income and passive income [9:10] The 3 costs related to Obamacare [10:32] Income property is a proven tax-favored asset class [11:00] Healthcare strategies [11:52] The solution is the S corporation for multiple sources of income [13:25] LLC do not save taxes [14:10] The Kohler Payroll Matrix [15:46] You do not need an LLC for every rental [17:33] Know your properties and find a balance [19:10] Register as a foreign LLC in every state that you have property [21:53] Don’t forget about the legal and tax planning that needs to be done [22:20] How do these things fit into your estate plan? [23:02] Revocable Living Trust [27:07] A real life “Do not resuscitate” experience
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Direct download: AIPIS2010920Mark_Kohler_Asset_Protection_and_Tax_Strategy_for_Real_Estate_Investors.mp3
Category:general -- posted at: 12:00pm EDT |