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September 2005

Timing Asset Protection Planning

by Douglas Lineberry on September 30, 2005

A prospective client contacted me recently to ask about asset protection planning. They (the prospective client and spouse) were interested in planning that would protect their personal assets and residence from claims and creditors that might arise because of the spouse’s high risk profession.  When I say “high risk”, I mean people like doctors and [...]

Many people invest in real estate investment for potential tax advantages. In particular, it is possible to generate a tax loss through real estate when you do not actually have an economic loss.  This is true because when you add your depreciation deduction to all other cash-expense deductions, the deductions very often outweigh any income [...]