(In this article about determining ownership of your property, accounting expert Noel May of Noel May & Associates looks into the remaining two areas of comparison in determining the pros and cons of ownership—and another thing to consider, which is a breakup.) Limited Liability There is a long-standing ‘Rule of Thumb’ that says that you […]
Determining Ownership of Your Property: The Pros and Cons
(Different ownership structures depend on your investing agenda. In this article, accounting expert Noel May of Noel May & Associates discusses the pros and cons of determining ownership of your property.) Welcome back. In this part we said that we’d look at the pros and cons of you buying an investment property in […]
Structuring Your Investments: General Concepts
(Accounting expert Noel May of Noel May & Associates discusses some important general accounting concepts related to structuring and your investments.) Let’s run through a few general concepts; and before the experts scream and yell, there are exceptions to the rules all over the place, that’s what keeps us accountants in a job. […]
Property Tax and Accounting: Why investors get confused about tax laws
(In this article Accounting expert Noel May of Noel May & Associates shares his knowledge on why investors often get confused when it comes to tax laws and structuring their investments the right way – or the best way for their situation.) I have seen the horror stories first hand. I have had […]