Month of May, 2007

I received a recent email complaining that I was unfair to CPAs. This email was undoubtedly prompted by my article in which I reported that the AICPA (American Institute of CPAs) had made the statement that 80% of CPAs didn’t know how to do basic real estate accounting.

Questions I get at seminars tend to be in one category - never mind the facts, what is the BEST business structures, what is the BEST accounting software, who is the BEST CPA, etc…

And, the answer is often, “It depends.” But, there is one “almost fits everyone” answer if you’re looking to quickly create cash flow, build wealth and pay less taxes.

Have you noticed all the Maui references lately? It dawned on me that some of you might be wondering what is this Maui thing anyway and how does it relate to TaxLoopholes, and the information you’re used to getting from me.

Have you noticed all the Maui references lately? It dawned on me that some of you might be wondering what is this Maui thing anyway and how does it relate to TaxLoopholes.