If you found yourself yawning when you read that headline, grab a cup of high-test coffee and keep reading. In the weeks leading up to its February 16th effective date, apartment owners across the State of California were hungry for anything and everything they could find that might help them avoid the consequences of…
This is a very common question that is asked of us in our presentations. Often, the interaction goes like this. Client: “why haven’t I heard of this before?” Our team: “when was the last time you went to coffee with a billionaire?” Client: “never” Our team: “how many billionaires does your CPA work with?” Client:…
Yes. HOWEVER, there will be added annual tax consequences for doing so that might in turn cause the strategy to have little to no value. The loan monies that you receive from a monetized installment sale are technically from an Investment business loan. That means that in order to use the funds properly,…
When a prospective client is considering a monetized installment sale (MIS), we inform them that we are looking at 3 criteria to see if that particular tax strategy is a good fit for them. While we do not provide legal advice, we do take a close look at the numbers, goals, and personality so that…