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Real Estate News Releases
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(EMAILWIRE.COM, April 14, 2010 ) Detroit, MI -- On April 20, 2010, Mr. Ed King MBA, CPA and Director of Small Business Services at Wayne State University for the last 30 years will be presenting a webinar, “How to Run a Profitable Real Estate Business During a Recession.” He will be talking about many of the strategies he learned while consulting with Fortune 500 companies and how to apply those strategies to the real estate business.
He will discuss the 10 most common problems in running a real estate business and their solutions. Mr. King will provide many tax tips including how an LLC can cost you additional $4,500 a year in federal taxes.
In the past 20 years, LLCs have grown dramatically in popularity. The LLC is best viewed as a hybrid combination of a partnership (for reporting federal taxes) and a corporation (for limited liability).
Many people invest in real estate for the appreciation in value and tax deductions. The best legal form for some investments is the LLC. It gives you limited liability protection with a minimum of paperwork. However, there are many real estate investments that the LLC can increase your federal taxesÂ… big time.
One of the secrets that Mr. King will talk about is how to identify the situations when you should create an LLC and those situations when you are better off with another type of legal entity. He says, “It is simple once you know the facts.”
He will also discuss:
• An Easy Way to Get Around the $25,000 Passive Loss Limitation
• How to pay for your children’s education, automobiles, and weddings in after-tax dollars.
• How to dramatically increase the amount of depreciation you can take on your home, if you decide to rent it out.
• How to write off land and fully depreciated assets on your tax return.
• And, much, much more.
Mr. King will be interviewed by Mark Maupin, one of the leading real estate gurus in the Detroit area. If youÂ’d like to listen to this free webinar, register at http://megaeveningevent.com/real-estate-event-details.php?id=284
Contact:
Mark Maupin
248-939-6232
This press release was submitted by Right Now Marketing Group, LLC
National Real Estate Network, LLC
Mark Maupin
248-939-6232
maupin.mark@gmail.com 
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