For individuals who own real estate, it is important to consider the best way to structure your ownership. When you are just starting out as an investor in real estate, you may hold title to the real estate personally, but that may not be the most advantageous method of ownership. Another option is to create […]
Considerations for Forming a Limited Liability Company for Real Estate Read more »
Short-term rentals are nothing new. For decades, homeowners have been renting out their properties in touristy areas to earn income. But with the advent of platforms such as Airbnb and VRBO, there has been an explosion in short-term rentals, including many in areas that were not previously considered travel destinations. The growing demand for short-term
Starting a Short-Term Rental Business Read more »
The use of endorsements and testimonials is commonplace in advertising. Advertisers frequently choose to feature the opinions of happy, satisfied customers, or influence potential purchasers through the use of celebrity or expert endorsers, and in more recent times social media influencers. However, it is important to know that certain uses of endorsements and testimonials may
SOCIAL MEDIA INFLUENCERS AND ENDORSEMENTS Read more »
Whether you are a physician or not, you probably know that the practice of medicine is a profession fraught with liability. It’s not just medical malpractice claims either – employment related issues, careless business partners and employees, contractual obligations, and personal liabilities add to the risk assumed by a physician in private practice. Unfortunately, in
Four Liability Planning Tips for Physicians Anyone Can Use Read more »
There are many expenses incurred in starting, running, and growing a business. Luckily for business owners, many of these expenses can be deducted. Knowing which expenses you can deduct helps to lower your tax burden and keep more money in your business. However, inflated business tax deductions can attract the attention of the Internal Revenue
Most Common Tax Deductions for Small Businesses Read more »
Small business owners are no strangers to risk management. Owning and operating a small business entails a certain level of unpredictability. Despite your best efforts to stay on top of supply chains, marketing, sales, competitors, employees, and cash flow, unexpected issues can knock you for a loop. You have survived plenty of bumps in the
How to Protect Your Business from Lawsuits Read more »
All companies need office space to house their employees and run their businesses. At the onset, companies invest a lot of time and money in finding the right space and finalizing the lease agreement. Most office leases are long-term commitments, often five years or more, with ongoing obligations and risks. Companies should negotiate and enter
3 Tips for Negotiating an Office Lease Read more »
If you have ever considered starting an e-commerce business, now is a great time to move from ideation to action. Online retail sales exploded to an all-time high amid COVID-19 lockdowns, travel bans, and brick-and-mortar closures, and this was not just a temporary bump. E-commerce was already experiencing strong year-over-year growth prior to 2020. The
How to Start an E-commerce Business Read more »
Trusts are usually associated with estate planning, but trusts can also apply to business operations. As a small business owner, you can hold the business in a trust instead of using a business entity such as a limited liability company (LLC) or corporation. Business trusts offer several potential benefits—and drawbacks—compared to a traditional business structure.
Business Trusts 101: What Entrepreneurs Should Know about Using a Business Trust Read more »
No one wants unnecessary court involvement in their life. But without careful and proactive estate planning, chances are that some aspect of your estate will end up being decided there. Here are two of the most common ways court proceedings can make their way into the management and distribution of your assets, along with the
The Top 2 Ways the Court Gets Involved in Your Estate, and How to Avoid Them Read more »