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A “Health Savings Account” (HSA) is one of the most tax efficient and versatile retirement accounts you should own!  A Self Directed HSA is an IRA version 5.0. With proper planning, a self directed HSA can literally outperform a 401(k), Traditional IRA, or even a Roth IRA! What is an...

Limited Liability Companies are frequently known by the acronym LLC. The Tax Advantages of an LLC vary by the type of tax filing choice made at the creation of the LLC. The advantages are great. Even better they do not have a lot of disadvantages. How is an LLC Taxed As...

Can I call myself a Property Manager? Be very careful about calling yourself by this legal title. I might not end well. ​In the state of Illinois an employee can manage property for their employer. However. Only a "Licensed Real Estate Agent" can manage property for...

At our last meeting a member asked, "Should you give Christmas presents to your tenants?"  The topic then went around the room and then I gave them my opinion. The answer is no! You should never give Christmas presents to your tenants. Everyone should consider sending...