Medical office Accounting Challenges

At Medical office, doctors often run the business themselves and have absolutely no time nor interest for accounting. Traditional CPAs often do not keep up with technology for better tools and accounting systems.

Bookkeeper is not a CPA, and often does not have big picture of the owners’ financial plan in place while she is working on the book. As the result, your book is always behind, you never have a current P&L statements for planning, and you end up the bad circles with paying CPAs double rate to adjust, redo and fix your book so you can file the tax return

1099 is due January 31! The time is now to catch up on 2018 and set an automatic system for 2019.

Tax Cuts & Jobs Acts (TCJA) is creating turmoil in CPAs firms and accounting practices. The only way to take advantage of new tax cut for small business get a CPA who care, get ahead of the crowd and keep your book straight for the New Year!

How to Invest in Real Estate in the US?

1 Comment

The world is flat and we should be able to invest wherever opportunities are.

Diversifying assets by expanding your search into the land of opportunities.

Here are the steps to plant your money tree in US Real Estate:

  1. Set up an LLC in the State where the asset is located to hold the Real Estate.
  2. Register for a holding company in one of the incorporations – friendly states, such as DE, WY to hold all the RE holding LLCs (above). Noted: DE and WY offer anonymity. Thus, it is not easy to trace the individual owner of the corporations and LLCs registered in these states.
  3. Open a Bank Account for the Investment in the US
  4. Searching for the investment property opportunity with a US Real Estate Buying Agent. Note: No cost to you as a Buyer to have an RE Agent. The seller will pay RE Agents as part of the RE closing costs.
  5. Transfer money to your US business account with you Foreign Banker. Choosing a Mortgage option with Loan Office if you choose to finance.
  6. Rent out your investment property and have a Rental Management company to manage and collect rental income.
  7. Assign a trusted Accountant or CPA firm in the US to manage your Bank account and file Taxes for you annually.

 

Aboho is a one-stop shop that will guide you the entire process of how to buy an investment property in the US.