The fastest way to attract an IRS audit is to start writing off expenses that were never deductible in the first place. You’ve probably heard versions of these: “Just talk business on your vacation, and you can write-off the whole...
Real estate investing should build wealth—not expose everything you own. But far too many business owners and landlords set up their business structures in ways that put every rental, every bank account, and even their personal and business assets on...
If you own rental property in Texas, the landscape is shifting quickly. On January 1, 2026, Senate Bill 38 (SB 38) goes into effect, reshaping the eviction process in Texas and signaling a new era of expectations for landlords. Many...
Buying your first rental property should feel exciting—not stressful. But the moment you become a landlord, you also become exposed. Tenants, contractors, neighbors, even lenders…if something goes wrong, they’re all looking to see who to go after. And if the...
Short-term rentals have become one of the most effective tools for real estate investors who want to build wealth, reduce tax liabilities, and control the timing of their income. The tax code provides investors of these properties with a unique...
Real estate investors often assume that forming an LLC and buying insurance automatically shields them from lawsuits. But after working with thousands of investors and reviewing countless structures, I can tell you this: Most people don’t lose lawsuits because they...
Starting a charity isn’t just “nice to have.” Done right, it’s a smart way to create lasting impact, protect your assets, and strengthen your financial strategy—while bringing your family into something meaningful. It also offers advantages that traditional for-profit businesses...
If you’re a physician, contractor, small business owner, or even a parent with young drivers, you have what I call target risk. That means your primary residence could easily become a target for lawsuits. But protecting your home isn’t the...
When it comes to investing in real estate, cash flow and appreciation are important—but your tax strategy ultimately determines how much you keep. Two investors can buy the same property, earn the same rental income, and end up with completely...
Why Is It Important to Dissolve Your LLC Properly? Most investors believe that closing an LLC is as simple as ignoring their business until the Secretary of State automatically dissolves it. However, failing to follow the proper dissolution steps can...
If you’ve ever wondered why some people seem to attract lawsuits while others fly under the radar, here’s the truth: visibility invites litigation. When your name pops up on deeds, annual filings, and public databases, contingency-fee lawyers see a target....
Many business owners believe that opening several LLC bank accounts is the key to better financial management—one for taxes, one for operations, one for savings, and so on. But here’s the question: At what cost? If you’re running multiple accounts...
