With Real Estate You’re Bound To Be Sued At Some Point, Get Protected

Jun 6, 2018

Over at Royal Legal, we talk a great deal about asset protection. Investors can face a large amount of exposure in terms of litigation. But there are a number of methods that we encourage our clients to implement in order to insulate both their assets from litigation and themselves from litigation against their assets. Many […]

How to Make Your Assets Judgement-Proof in a Lawsuit

Jun 4, 2018

When people ask us “how do I protect my assets?” we have to tell them the truth. Anything that you own is vulnerable. That sounds harsh, but it’s a fact. Nonetheless, there are super-rich people out there that ostensibly own billions of dollars in assets. They have net worths into seven, eight, and nine figures. […]

Tax Mistakes That Often Trigger an Audit

Feb 22, 2018

You can view the corresponding infographic on IRS Audit triggers by clicking here. Audit—it’s a scary word for every tax-paying citizen, but, fear not! Audits are relatively infrequent, and there are specific IRS audit triggers you can avoid to greatly reduce the chance of that dreaded IRS letter in the mail. Here, on behalf of The […]

When a Virtual Firm Meets Face-to-Face, Awesome Things Happen

Jan 22, 2018

As you may know, we are a virtual CPA firm. We don’t meet clients face-to-face and we certainly don’t accept paper documents. We’re techy, cool, and in the cloud. What you may not know is that, true to form, all of our employees are also virtual. We don’t have a physical office. Instead, we interact […]

Pros and Cons of a 1031 Exchange

Jan 19, 2018

A 1031 Exchange allows real estate investors to defer the capital gains tax and use the full proceeds from a sale towards the purchase of another property. What is a 1031 Exchange? A 1031 Exchange is derived from IRC Section 1031, which states states: No gain or loss shall be recognized on the exchange of […]

What You Should Know About Forming an LLC

Jan 12, 2018

You can view the corresponding infographic on setting up an LLC here. LLCs: Should you, shouldn’t you, when is best, what will its formation do for you—these are just a few of the questions real estate investors have when I broach the subject of forming a limited liability company, or LLC. To make things a […]

Advertise Your Rentals Now!  The BARRRR method vs the BRRRR method

Jan 3, 2018

You can view the corresponding infographic by clicking here. Once upon a time, the BRRRR Method was the end-all-be-all way of maximizing your real estate buying power. But now, a new and more effective addition has been made to this method: the introduction of the “A,” which stands for advertising. Now, using the BARRRR Method, you […]

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Introducing Our New Deliverable Management System

Jan 1, 2018

If you work with us, you know we’re a tech heavy firm. Actually, we’re a tech only firm. We don’t believe in paper based workflows. As Kevin Smith, an Accounting Wizard at our firm says “people are inefficient, I’d rather manage technology.”