Download Free Software Al Aiello Goldmine Tax Program
Al Aiello - The Renaissance Goldmine Final Version 1.66 GB There is a SOLUTION! The Renaissance Goldmine of Brilliant Tax Strategies for Real Estate Investors Easy-to-use software system t. That Awesome Deduction That You Do Not Have To Pay Cash For. Article by Al Aiello. Via the powerful 1031 Exchange or other tax-free selling strategies.
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Al Aiello Obituary
JANE GARVEY, CREATIVE INVESTMENT ADVISOR Register Now and See You on Monday's Training http://www.mikebutler.com. Mike Butler began his real estate investing while working his full time job as an Undercover Police Detective in Louisville, Kentucky. Mike started out with less than $1,000 and no knowledge or mentors. He began buying and holding single family houses to build his real estate empire.
Within months he was buying 2 properties per week in his 5 hour per week program! Although never planned on his part, Mike has never gone to a bank to buy an investment property, nor has he used a private or hard money lender. He has developed simple systems to buy investment property without banks, without private lenders, and gets 0% interest loans approved in 15 minutes. Mike Butler authored #1 Best Seller Business Book 'Landlording On Autopilot.'
He has been featured in Money Magazine article 'Can Real Estate Make You Rich?' And Mike Butler shows investors how his 5 hour per week investment system can quickly become a Millionaire in 15 months.
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Ok did any one purchase Albert Aiello's goldmine software. I attended his meeting a week ago and now that I am going to have my first rental I have a few questions regarding how to set up my LLC. He said to open an LLC but then have it taxed as 2 owners. He said to have it taxed by me 97%( LLC) and then the other 3% as a C-Corp? You get the benefits of both, and avoid the double taxation issues. He also claims to spreaad out his depreciation in a certain way and to avoid becoming a 'dealer.'
Al Aiello Real Estate
He also stated about having to work about 750 hours a year, which he claims to do watching TV shows like Jerry Springer to avoid renting to section 8 tenants? Lol Just wondering if you guys have purchased his program and am mostly concerned with how to properly set up the LLC as he advises using the C Corp as a partnership which most people seem to avoid thanks. It sounds like Albert is advising you to setup a multi-member LLC and electing to have it treated as a C-corporation. This is certainly something you can do, but as far as the IRS is concerned the LLC is not a recognized entity and they will treat the business solely as a C-corp. You will need to pay yourself a salary in this situation and could pay yourself a dividend. Your salary would become an expense of the business lowering the taxes of the corporation.