Wholesaling, Taxes & Asset Protection (Best Structure Set-up!)
Wholesaling real estate is a great way to get started in investing but what about taxes and asset protection in your wholesaling business?
If you think you don't need asset protection just because wholesaling is primarily done on paper THINK AGAIN because there is a risk when it comes to real estate wholesale activities.
When you wholesale you're going to have active income which if you're doing it in your own name should fall onto your Schedule C so that brings tax ramifications. Employment taxes in and of itself can be a problem.
Another issue. What happens if you want to hold those wholesale properties longer because you have to apply for financing?
What you need to know about wholesaling, taxes, asset protection and the best way to structure your wholesale real estate business is covered in this short informative video.
👉 If you would like a FREE 45-minute consultation, you can request one here 👉👉 https://aba.link/45minSession
Ready To Protect Your Assets From Frivolous Lawsuits and
Take Your Business To The Next Level?
👉**SUBSCRIBE** Real Estate Asset Protection Youtube Channel
👉👉 https://youtu.be/JU00ywho4mo
Check out https://AndersonAdvisors.com for financial strategies, podcasts, articles, and details on upcoming workshops.
800.706.4741
ccoons@AndersonAdvisors.com
https://AndersonAdvisors.com
Twitter: @Clint_Coons
Blog: https://ClintCoons.wordpress.com
The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice.
Видео Wholesaling, Taxes & Asset Protection (Best Structure Set-up!) канала Real Estate Asset Protection
If you think you don't need asset protection just because wholesaling is primarily done on paper THINK AGAIN because there is a risk when it comes to real estate wholesale activities.
When you wholesale you're going to have active income which if you're doing it in your own name should fall onto your Schedule C so that brings tax ramifications. Employment taxes in and of itself can be a problem.
Another issue. What happens if you want to hold those wholesale properties longer because you have to apply for financing?
What you need to know about wholesaling, taxes, asset protection and the best way to structure your wholesale real estate business is covered in this short informative video.
👉 If you would like a FREE 45-minute consultation, you can request one here 👉👉 https://aba.link/45minSession
Ready To Protect Your Assets From Frivolous Lawsuits and
Take Your Business To The Next Level?
👉**SUBSCRIBE** Real Estate Asset Protection Youtube Channel
👉👉 https://youtu.be/JU00ywho4mo
Check out https://AndersonAdvisors.com for financial strategies, podcasts, articles, and details on upcoming workshops.
800.706.4741
ccoons@AndersonAdvisors.com
https://AndersonAdvisors.com
Twitter: @Clint_Coons
Blog: https://ClintCoons.wordpress.com
The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice.
Видео Wholesaling, Taxes & Asset Protection (Best Structure Set-up!) канала Real Estate Asset Protection
Показать
Комментарии отсутствуют
Информация о видео
17 февраля 2020 г. 20:30:03
00:11:53
Другие видео канала
Risks Of Wholesaling Real Estate5 Quick and Easy Steps to Fund Your Living TrustWholesaling Real Estate - An Easier Way to Set up Your DealsGetting Real Estate Investment Loans Using LLCs (BANKING SETUP)Getting Your Business Entity Set Up For Flipping Real Estate8 Stupid Mistakes in Your LLC Operating AgreementAsset Protection for your Personal ResidenceHow to Outsmart the BanksProper Use of LLCs for Real EstateCorporation vs LLC for Real Estate InvestorsHow much do Wholesalers pay in tax? | Real Estate DoruHow to Avoid Exposing Your LLC to Creditors (Anonymity Planning)Tax-Wise Business Ownership$100K A Month Wholesaling Real Estate Business Structure | War Room ep 001Airbnb Tax Secrets: How to Optimize Your Short Term Rental Taxes with Clint CoonsHow To Use Mojo Dialer For Wholesaling Real EstateInsuring Your Real Estate in 2021 - What Every Investor Needs to KnowThe Best Structure for Your Business: Q&A with Mark J Kohler CPA, AttorneyWholesaling Is Getting Banned! - Why Real Estate Agents Hate WholesalersCalifornia Specific Real Estate Asset Protection Strategies