Real estate investing mistakes can be costly on so many levels. They can wipe out your potential profit and, if you make one big mistake, it can wipe you out financially and emotionally. We all make mistakes. The trick is to keep your mistakes small and to learn from them. It’s even better if you … Continue reading 4 Big Mistakes Real Estate Investors Should Avoid →

If you run a business with a physical storefront, collecting sales tax is straightforward. You charge your customers the sales tax required by the jurisdiction where your business is located. For example, if you operate a retail store in Nashville, Tenn., you collect both state and local sales taxes from customers buying merchandise at your … Continue reading Collecting Sales Tax Online →

Buying Insurance Five Tips for Buying Business Insurance Use these steps to assess what types of insurance are best for your business, and how to secure coverage to provide adequate protection and minimize risks. 1. Assess Your Risks. Insurance companies determine the level of risk they’ll accept when issuing policies. This process is called underwriting. The insurance … Continue reading Buying Insurance →

IRC 1031 allows owners of investment property to defer capital gains taxes, on the sale of property, so long as another investment property is purchased per the rules of the IRC 1031. Tax deferred exchanges have long been utilized by apartment complex owners to defer taxes and build their investment portfolios. Many owners of multifamily portfolios … Continue reading Federal Legislation Threatens 1031 Exchanges – By Jade Bossert →