It’s easy, in the course of investing in real estate, to forget that there’s a difference between property being bought and sold in the normal course of affairs and property that’s strictly being held for investment. But failing to understand this question can cost you in terms of significant taxes, penalties, and interest charges. Such … Continue reading Caution! Flipping Real Estate in an LLC could DOUBLE your taxes!
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Caution! Flipping Real Estate in an LLC could DOUBLE your taxes!
by Clint Coons | Nov 15, 2016
Author Bio
Clint CoonsClint Coons is a licensed attorney, active real estate investor, successful entrepreneur, and published author who specializes in asset protection and business planning. Clint shares his knowledge and strategies at seminars nationwide with real estate investors, stock traders, and small business owners. He is nationally recognized for his ability to take complicated laws or structures and explain them in crystal clear form. He helps his client's protect their investments through his innovative and dynamic approach to asset management.
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