Al Aiello, CPA, MS Taxation, Author at CREOnline

How to Totally Avoid the Dreaded Dealer Status When Flipping Houses

Real Estate Tax Strategies | November 19, 2013 | Al Aiello, CPA, MS Taxation

When you get into “selling” scenarios (like wholesaling, retailing, options, lease options), the IRS may try to classify you as a "dealer." Being tagged as a dealer could be a financial

How to Protect ALL Your Assets Forever With a Properly Structured Trust

Asset Protection, Miscellaneous | November 4, 2013 | Al Aiello, CPA, MS Taxation

There are many types of trusts. Our focus here is an estate planning trust that starts with a revocable living trust. The primary purpose is to transfer your assets to

Real Estate Investors: 13 Items Your Insurance Won't Cover

Asset Protection, Real Estate Tax Strategies | October 7, 2013 | Al Aiello, CPA, MS Taxation

Anyone in real estate you deal with is a potential dispute. You should absolutely have liability insurance. But insurance doesn't protect you from legal disputes with tenants, contractors, partners, and others. Moreover,

A Super-Powerful Asset Protection Strategy – Debt!

Asset Protection, Real Estate Investor Resources, Real Estate Tax Strategies | June 25, 2013 | Al Aiello, CPA, MS Taxation

Asset protection is more important now than ever before because there are 82,000 lawsuits filed DAILY with real estate being a BIG target. There are numerous vehicles to protect you

Select the Right Entity for Your Real Estate and Save Thousands

Asset Protection, Real Estate Tax Strategies | June 13, 2013 | Al Aiello, CPA, MS Taxation

Money-saving entity selection is not based on arbitrary guess work, but on factual data by examining the three sides of an entity – the LEGAL side governed by state law