Corporations As a Tax Shelter in 2017
BY Admin | May 22, 2018Reposted from 02/23/2017 Creating a corporation can be a great form of asset protection – but did you know that a corporation can be a tax shelter as well? A tax shelter is a legal way to decrease or minimize taxable income, which reduces your overall tax liability. The simple act of incorporating does not…
FOLLOW THE MONEY IN RESIDENTIAL ASSISTED LIVING
BY Admin | May 15, 2018How much can I make? That is a common question I get when people come to the Academy to learn about Residential Assisted Living. There are 2 directions that you can go. Own the Real Estate and rent it to an operatorOwn the Real Estate AND operate the Residential Assisted Living business as well. If…
WHY LLC ASSET PROTECTION BENEFITS YOU
BY Admin | May 1, 2018Asset protection is important for everyone, from real estate investors to business owners and everyone else in between. Your personal assets otherwise are vulnerable to any attorney or creditor who wants to go after them, if you are found legally liable in a lawsuit. Having a strategy in place before anything happens then is key. The…
TYPICAL RENOVATIONS FOR A RESIDENTIAL ASSISTED LIVING HOME
BY Admin | April 26, 2018Gene GuarinoRAL Academy When discussing RAL tips, it’s important to touch base on the typical renovations associated with assisted living construction. The size of the home, the number of bedrooms and bathrooms, and the layout are all major considerations when it comes to choosing a home for Residential Assisted Living. In general, bigger is better. …
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