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The only book devoted to the most important business decision you'll make. Your company has grown -- now it's time to upgrade your legal structure to something that will protect you and your assets, as well as provide other benefits. In other words, your business is ready to become either a corporation or a limited liability company. The question is, "Which one?" The answer isn't always clear -- but because your choice will affect the legal and tax status of your business, it's the most important question you'll answer. LLC or Corporation? will help you make the right choice with plain-English explanations of the basics of business entities, how each business entity protects you from personal liability, profits, losses and tax treatment, converting from one type of business entity to another and what to do if you conduct business out of state. Making the right choice will affect your bottom line in many ways -- from what you pay for taxes, to your ability to seek money from investors. The book also provides conversion and formation scenarios that provide a real-world look at all the options available to you. The 2nd edition is completely updated with the latest laws regarding business structures and taxes.

• Sales Rank: #4323598 in Books
• Brand: Brand: Nolo
• Published on: 2005-01-30
• Original language: English
• Number of items: 1
• Dimensions: 9.00" h x 7.00" w x .75" l,
• Binding: Paperback
• 250 pages

Features

• Used Book in Good Condition

Most helpful customer reviews

0 of 0 people found the following review helpful.
Did the job
By Tony V
At the time that I purchased it, it was a wonderful resource with all the information I needed to start my business.
Giving it 4 stars because my version might be outdated by now.

3 of 5 people found the following review helpful.
LLC Book review
By Luis F. Corzo
Very useful book for those who know little about the topic. Breaks down information well and will get you up to speed prior to consulting someone with legal expertise (I recommend).

0 of 0 people found the following review helpful.
The best from the best when it comes to do-it-yourself (DIY) legal education. I started in the industry with Mancuso's books!
By Bob "MAVERICK" Stanford
I started working as a paralegal about 30 years ago, and Anthony's books were necessary and required reading in our legal offices. Nearly 30 years later, I just purchased several more of his books as primary references for my consulting firm. Nolo Press markets his books and manuals and they are the best source for learning to do your own pro per work.

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• Sales Rank: #4215158 in Books
• Published on: 2005
• Original language: English
• Binding: Paperback
• 350 pages

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This bestseller is the only book on tax deductions specifically for residential landlords! If you own rental property, you should be taking advantage of the many tax write-offs available. Every Landlord's Tax Deduction Guide gives residential landlords the plain-English guide they need to save money on taxes -- without the services of a high-priced accounting firm.

This book explains how to maximize your deductions. Find out how to:

fill out IRS Schedule E take real estate tax credits figure out if an expense is a repair (deductible) or an improvement (depreciable) maximize your depreciation deductions deduct losses arising from real estate ownership keep proper tax records deduct home office, travel, casualty losses â€" and much more Every Landlord's Tax Deduction Guide is comprehensive yet easy to read, jam packed with interesting and relevant examples. The 2nd edition is completely updated to reflect the latest tax information and numbers

Table of Contents

Introduction

A. Why You Need to Know About Tax Deductions B. The Ever-Changing Tax Laws C. Icons Used in This Book

1. Tax Deduction Basics for Landlords

A. How Landlords Are Taxed B. How Income Tax Deductions Work C. How Property Ownership Affects Taxes D. The IRS and the Landlord

2. Landlord Tax Classifications

A. The Landlord Tax Categories B. Business Owner Versus Investor C. Are You Profit Motivated? D. Real Estate Dealers

3. Deducting Your Operating Expenses

A. Requirements for Deducting Operating Expenses B. Operating Expenses That Are Not Deductible

4. Repairs

A. Repair Versus Improvement B. The General Plan of Improvement Rule: A Trap for the Unwary C. How to Deduct Repairs D. Tips for Maximizing Your Repair Deductions

5. Depreciation Basics

A. Depreciation: The Landlord's Best Tax Break B. Understanding the Basics C. How to Depreciate Buildings D. Depreciating Land Improvements E. Depreciating Personal Property F. When You Sell Your Property G. Tax Reporting and Record Keeping for Depreciation

6. Maximizing Your Depreciation Deductions

A. Determining the Value of Your Land and Buildings B. Segmented Depreciation

7. Interest

A. Interest Landlords Can (and Can't) Deduct B. Mortgage Interest C. Other Interest Expenses D. Points and Prepaid Interest E. Interest on Construction Loans F. Loans With Low or No Interest G. Loans on Rental Property Used for Nonrental Purposes H. Keeping Track of Borrowed Money

8. Start-Up Expenses

A. What Are Start-Up Expenses? B. Determining Your Business Start Date C. Avoiding the Start-Up Rule's Bite D. How to Deduct Start-Up Expenses E. If Your Business Doesn't Last 15 Years F. If Your Business Never Begins

9. The Home Office Deduction

A. Qualifying for the Home Office Deduction B. Calculating the Home Office Deduction C. IRS Reporting Requirements D. Audit-Proofing Your Home Office Deduction E. Deducting an Outside Office

10. Car and Local Transportation Expenses

A. Deductible Local Transportation Expenses B. The Standard Mileage Rate C. The Actual Expense Method D. Other Local Transportation Expenses E Reporting Transportation Expenses on Your Tax Return

11. Travel Expenses

A. What Are Travel Expenses? B. Deductible Travel Expenses C. How Much You Can Deduct D. Maximizing Your Travel Deductions

12. Hiring Help

A. Deducting Payments to Workers B. Employees Versus Independent Contractors C. Tax Rules When Hiring Independent Contractors D. Tax Rules for Employees E. Hiring Your Family F. Hiring a Resident Manager

13. Casualty and Theft Losses

A. What Is a Casualty? B. Calculating a Casualty Loss Deduction C. Disaster Area Losses D. Casualty Gains E. Tax Reporting and Record Keeping for Casualty Losses

14. Additional Deductions

A. Dues and Subscriptions B. Education Expenses C. Gifts D. Insurance for Your Rental Activity E. Legal and Professional Services F. Meals and Entertainment G. Taxes H. Unpaid Rent

15. Vacation Homes

A. The Vacation Home Tax Morass B. Regular Rental Property C. Tax-Free Vacation Home D. Vacation Home Used as Rental Property E. Vacation Home Used as Residence F. Calculating Personal and Rental Use G. Converting Your Home to a Rental Property

16. Deducting Rental Losses

A. What Are Rental Losses? B. Overview of the Passive Loss Rules C. The $25,000 Offset D. The Real Estate Professional Exemption E. Rental Activities Not Subject to PAL Real Property Rental Rules F. Vacation Homes G. Deducting Suspended Passive Losses H. Tax Reporting for Passive Rental Losses I. Strategies for Dealing With the Passive Loss Rules J. At-Risk Rules K. How to Deduct Rental Losses

17. Record Keeping and Accounting

A. Record Keeping Made Simple B. Accounting Methods C. Tax Years

18. All About Schedule E

A. Who Must File Schedule E? B. Filling Out Schedule E C. Schedule E Example

19. Claiming Tax Deductions for Prior Years

A. Reasons for Amending Your Tax Return B. Time Limits for Filing Amended Returns C. How to Amend Your Return D. How the IRS Processes Refund Claims

20. Help Beyond This Book

A. Secondary Sources of Tax Information B. The Tax Law C. Consulting a Tax Professional

Index

• Sales Rank: #2122757 in Books
• Brand: Brand: Nolo
• Published on: 2005-11
• Original language: English
• Number of items: 1
• Dimensions: .95" h x 7.06" w x 8.70" l,
• Binding: Paperback
• 250 pages

Features

• Used Book in Good Condition

Review
"The best part of the book is that it's written in a way that will make themost sense to investors." -- Real Estate Matters Real Estate Matters Real Estate Matters

"This book cannot be recommended too highly.... explains rental property tax deductions clearly and details by using 'hidden deductions'..." -- Los Angeles Times

It simplifies the complicated, makes boring tax laws interesting, and offers landlords the major financial incentive of saving tax dollars. -- Bob Bruss, nationally syndicated columnist

About the Author
Stephen Fishman received his law degree from the University of Southern California in 1979. After stints in government and private practice, he became a full-time legal writer in 1983. He has helped write and edit over a dozen reference books for attorneys. He is the author of Software Development: A Legal Guide, Copyright Your Software, The Copyright Handbook, Consultant & Independent Contractor Agreements, Wage Slave No More: Law & Taxes for the Self-Employed, and Hiring Independent Contractors: The Employer’s Legal Guide, all published by Nolo.com.

Products by Stephen Fishman, Attorney:

-Consultant & Independent Contractor Agreements -The Copyright Handbook: How to Protect & Use Written Works -Deduct It! Lower Your Small Business Taxes -Every Landlord's Tax Deduction Guide -Home Business Tax Deductions: Keep What You Earn -Nondisclosure Agreements: Protect Your Trade Secrets & More -The Public Domain: How to Find Copyright-Free Writings, Music, Art & More -Web & Software Development: A Legal Guide -What Every Inventor Needs to Know About Business & Taxes -Working for Yourself: Law & Taxes for Independent Contractors, Freelancers & Consultants -Working With Independent Contractors

Most helpful customer reviews

2 of 2 people found the following review helpful.
Great book
By Redjr
I needed a book to give me very detailed information on the tax deductions a landlord could take. I am thinking of turning my second home into rental property and I wasn't sure of the tax advantages. I found this book and it was very informative. I couldn't put it down and read the entire book in two days. Then, I went back and read the important parts again. After reading the book I feel like an expert on the subject. The book tells you how to keep records, figure out your basis, etc without having to refer to the numerous booklets the IRS provides the taxpayers. Definitely worth the money.

1 of 1 people found the following review helpful.
Excellent Reference
By Ethershock
Well organized, easy to read, and includes many useful examples.

As a beginner to the rental real estate business, I was looking for a good reference to help me take advantage of current Landlord Tax Law. This book was everything I hoped for and more.

Note: If you already understand tax law concepts like the various ways to deduct depreciation and cash vs. accrual accounting methods, perhaps parts of the book will seem too "simple" but it's likely you will still benefit from reading it.

0 of 0 people found the following review helpful.
Five Stars
By Amber N.
Useful info for a landlord

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Handle your California workers' compensation claim and maximize your benefits!

From industrial injuries to carpal tunnel syndrome, more than a million Californians a year suffer job-related injuries or illness. For many, receiving compensation can be a nightmare, since recent laws give employers and insurance companies far greater rights and employees fewer medical benefits.

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• Sales Rank: #2197180 in Books
• Brand: Brand: NOLO
• Published on: 2010-06-05
• Original language: English
• Number of items: 1
• Dimensions: 11.00" h x 1.50" w x 8.50" l, 3.20 pounds
• Binding: Paperback
• 597 pages

Features

• Used Book in Good Condition

Review
A great hands-on guide for dealing with workers’ compensation cases. -- Orange County Register

About the Author
Attorney Christopher A. Ball is the author of California Workers' Comp. Mr. Ball practices workers' compensation law exclusively. He is certified as a Worker's Compensation Specialist with the State Bar of California. Mr. Ball received his bachelor's degree in Business Administration from Long Beach State and graduated law school from Western State School of Law.

Most helpful customer reviews

13 of 13 people found the following review helpful.
Excellent Resource
By JJ
I was injured at work a few months back and dozens of people have since told me the Governator's changes to Workers Comp came at the detriment of the injured worker. And my experience has certainly echoed that fact -- intentional and erroneous delays by the insurance company, stonewalling virtually any and all medical treatment, blatantly disregarding my health and well-being in the name of profit -- it's completely ridiculous, and several doctors themselves have agreed.

I attended a seminar hosted by my local Workers Comp office and they pushed me to hire a lawyer and sue the insurance company -- in effect, the State of California told me to sue the insurance company because of their blatant negligence. And all this because the Governator wanted California to be a friendlier place for corporations to do business. Well, that's all fine and dandy, but the changes came at the expense of the injured worker, and few will discover what a heinous mess this all is until a crisis arises. When an emergency hits, the last thing an injured worker should worry about is getting screwed by insurance companies. But the world is filled with injustice, and knowledge is power, so this book has proven to be a lifeline.

I found this book to be both daunting and incredibly informative at the same time. I easily get overwhelmed by all this since it depicts exactly what I'm living, and will likely be forced to continue to live with the remainder of my life. But this Nolo book has been very helpful in clarifying questions and concerns that even my lawyer wasn't able to subdue.

If you're wondering if you need this book or an attorney, my answer is simple -- get this book AND and attorney. You'll need both and will probably still get screwed.

What a shame Workers Comp in California has been messed up for an entire generation. Hopefully someone who isn't in the pocket of the insurance lobby comes along and fixes this soon. It'll be too late for me and countless others, but something needs to be done to repair this fiasco.

Bottom Line -- if you are amongst those unfortunate enough to be injured at work in the state of California, getting this book isn't an option -- it's a necessity.

8 of 8 people found the following review helpful.
Pays for Itself Many Times Over, If You File a Claim
By JamesMcRitchie
I like what one previous reviewer wrote, "Everyone seems to go by the rule don't ask and don't tell where everything is a secret." When you get hired or injured, companies don't often hand you a pamphlet on how to file a workers comp claim, even though they are essentially required to do so. No one wants their insurance rates to go up so no one wants you to file. If you are injured on the job, the small amount that you pay for this 600 page, but easily understood, book could be returned to you many times over.

Even if you don't file, it is nice to know your rights and this book informs you every step of the way. For example, did you know you might qualify for increased benefits if your employer's seriously improper action or inaction -- such as failure to remedy an obvious safety violation (maybe even one you brought to their attention) led to your injury? However, successful petitions based on serious and willful misconduct are very rare. You also might be eligible to file a separate claim if your employer discriminated against you because you asserted your right to file a claim. Again, discrimination is hard to prove.

One type of claim that might be fast growing is sickness as a result of exposure to toxic chemicals, for example, a maid required to use a cleaning solution that makes her break out in a rash or brings on asthma-like symptoms. Sometimes is is difficult to determine how much of your disability is due to an injury on the job and how much is due to other factors. Your doctor must address this issue in their report.

One of the basics is the need to report your injury to your employer within 30 days of the time you knew of "should have known" that a disability was caused by work. One exception is if your employer knew of your injury from another source, like you complained to your supervisor about it. The book suggests you keep a "pain diary" and tells you how to do it.

Keep in mind that it may be months before you realize the link between your injury and your job. For example, at one point in my career I was exposed to a lot of toxins in the workplace. It took months of illness before I finally realized the connection (after cracking my ribs from coughing). Fortunately, my employer was immediately able to provide a reasonable accommodation that reduced my symptoms to the point that a workers comp claim wasn't warranted. If I had filed a claim, my doctor might have determined it was okay to return to work under "limited duties" or a "modified" work order to reduce my exposure. The book runs through how to document time off, how to work with your doctor and be involved in your own treatment. The book also touches on other avenues, such as filing under the Americans with Disabilities Act and the California Fair Employment and Housing Act.

The author tells you how to file an injury report, a DWC-1 form. You must file your claim within one year of the date of the injury if the company denied responsibility for your injury or within five years if the company provided benefits (paid temporary disability or medical treatment). Another factor taken into consideration, the statute of limitations doesn't begin to run until you learn of the right to file.

A large portion of the book is given over to rating your disability, figuring out a settlement amount, negotiating a settlement, preparing your case, going to trial, how to file and serve documents, appeals, forms etc. and even a section of case laws. Even if you hire a lawyer, you'll find this Nolo Press book invaluable... and, of course, they can even help you with that.

5 of 5 people found the following review helpful.
Excellent Advice
By Claire
Anyone involved in a Workers Comp claim, even if you already have an attorney, will benefit from reading this book. It's lengthy, but very worthwhile. This book will give you all the information you will need to make good decisions and to know what to expect during the whole process. You will find information that your attorney may not tell you! You need to know all of your options as well as your responsibilities.

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THE PRACTICAL WRITER WITH READINGS provides you with a manageable and accessible step-by-step approach to writing, from the one-paragraph essay to the five-paragraph essay, and beyond it into the research-driven paper. This text clearly and succinctly presents everything you need know to master college-level writing.

• Sales Rank: #910402 in Books
• Brand: Brand: Cengage Learning
• Published on: 2007-04-25
• Original language: English
• Number of items: 1
• Dimensions: .71" h x 6.46" w x 9.25" l,
• Binding: Paperback
• 480 pages

Features

• Used Book in Good Condition

Most helpful customer reviews

6 of 6 people found the following review helpful.
Clear and concise -- great tips for writing in college
By Marilyn Carien
After looking at ten different writing texts, this one stands out as being so clear and to the point that almost anyone can understand how to craft a good, five paragraph, standard college theme. The student examples perfectly illustrate the priniples. The section on research is good. The section on punctuation and expression could be more detailed and use less jargon, but all in all, this is a user-friendly and worthwhile guide.

1 of 2 people found the following review helpful.
The Practical Writer
By College Student
I needed this as a text book for my college course and I was able to purchase it at half of the price of the college bookstore. As a student that kind of saving is needed. It was wonderful Thank You

0 of 0 people found the following review helpful.
An excellent resource for college level writing!
By Simstem
I still refer to this college textbook as professional writer and editor. What I enjoy most about this work is how logically the information is organized. Anyone looking to improve their skills in English composition will benefit greatly from this book.

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! Ebook Developing Reading Versatility, by W. Royce Adams, Becky Patterson

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This skills-based text, designed for the highest developmental reading course, is distinguished by its treatment of affective comprehension, that is, "the reader's intellectual and emotional response to what is read."

• Sales Rank: #2654939 in Books
• Brand: Brand: Cengage Learning
• Published on: 2004-06-22
• Original language: English
• Number of items: 1
• Dimensions: 10.50" h x 8.25" w x .75" l, 1.10 pounds
• Binding: Paperback
• 384 pages

Features

• Used Book in Good Condition

Review
". . . .its essays lend themselves to interesting class discussions, it provides many practice opportunities for the skills being presented, and it sequences the skills in a logical and effective method."

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About the Author
Royce Adams was a faculty member at Santa Barbara City College for many years. He is the author of several best-selling reading and writing textbooks and is an active participant in the College Reading and Learning Association.

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Written with the needs and goals of a novice researcher in mind, this fully updated Third Edition of Designing Surveys by Johnny Blair, Ronald F. Czaja, and Edward A. Blair provides an accurate account of how modern surveys are actually designed and conducted. Much more than a “how-to” guide, this up-to-date and accessible book presents the material in a social science context and teaches readers to think through decisions about sample design, questionnaire development, and data collection, rather than simply following prescriptive advice that may not be appropriate to particular practical situations. In addition to providing examples of alternative procedures, Designing Surveys shows how classic principles and recent research guide decision-making—from setting the basic features of the survey design to implementing instrument development, testing, and data collection. The new edition covers new developments in data collection technologies, provides a more comprehensive treatment of questionnaire development and pretesting, and includes completely new chapters on sample design and selection.

• Sales Rank: #133816 in Books
• Published on: 2013-04-17
• Original language: English
• Number of items: 1
• Dimensions: 9.25" h x 6.25" w x .75" l, .90 pounds
• Binding: Paperback
• 440 pages

Review
“This book has much to recommend it. The authors succeed in pulling off some difficult balancing acts. They manage to introduce a good deal of material in a concise package. They cover key topics in practical, accessible terms, but not in simple cookbook terms. The entire survey research process is covered in a way that helps students appreciate how steps in the process are integrated. Students will understand that survey research is research, not just a series of tasks.” (Julio Borquez 2011-11-02)

“Many of our students do not have prior methods experience. They need a text that brings them into the methodology of the field and this one is just right. The concrete examples are especially helpful. Students tell me that this text is one that they keep and use over and over. It is the kind of text that empowers them to walk through the steps of doing their research.” (Brenda D. Phillips 2011-11-02)

“Without fail, my students are very interested in the practical aspects of survey design and implementation. They want to understand, quickly and simply, the workflow of a survey project, how many observations they need to answer their research questions, and how much it is going to cost. Not surprisingly, then, I find the applied focus of the text very helpful. The coverage of sampling and power calculations for hypothesis testing are unique strengths. The text is accessible, practical, and concise.” (Chadwick L. Menning 2011-11-02)

“Designing Surveys is well written and is intended for novices engaged in designing a (student) survey for the first time as well as for those with some knowledge of and experience with surveys. I would add a third group of potential readers to the list: more experienced researchers who feel the need to update and refresh their knowledge.”

                                                                —Edith D. de Leeuw, University of Amsterdam, Amsterdam, The Netherlands
(Edith D. de Leeuw Edith D. de Leeuw 2013-07-12)

I have no hesitation in recommending this book as a preferred course text at post-graduate level or for in-house training.  It’s far superior to anything else on the market and sits nicely between Andres (2012) and Marsden and Wright (2010).  Whereas some  books tend to be more academic (and sometimes based on limited, if any, serious experience of actually doing surveys) this book is written by people who do surveys for a living, one of them for forty years. With its combination of accumulated wisdom and narrative skill, it’s easy (and fulfilling) to read, and you can barely see the joins. It has been written by very experienced fellow professionals used to dealing with operational practicalities, spiced with (just enough, but not too much) theory and thankfully few equations (formulae are immediately off-putting for students in sociology and similar areas). (John F Hall)

About the Author

Johnny Blair is an independent consultant. Previously, he was a principal scientist and senior survey methodologist at Abt Associates Inc., where he directed the Cognitive Testing Laboratory. He has conducted research on sampling rare populations, measurement error in proxy reporting, and cognitive interviewing for pretesting survey instruments. He is a member of the Design and Analysis Committee, which provides statistical advice for the National Assessment of Educational Progress (NAEP), often referred to as The Nation’s Report Card. He has served on National Research Council panels to assess major government-sponsored surveys. His research publications include many book chapters, and over 50 articles in academic journals and in the Proceedings of the Joint Statistical Meetings of the American Statistical Association Section on Survey Methods. He served two terms on the editorial board of Public Opinion Quarterly and is a frequent peer reviewer for several other research journals. 

 

Ronald Czaja, associate professor (retired) of sociology and anthropology at North Carolina State University, taught courses in both undergraduate and graduate research methodology and medical sociology. His methodological research interests focus on sampling rare populations, response effects in surveys, and the cognitive aspects of questionnaire design. From 1969 to 1990 he was at the Survey Research Laboratory, University of Illinois at Chicago, as project coordinator, co-head of sampling, assistant director, and principal investigator.

Edward Blair is the Michael J. Cemo professor of marketing and entrepreneurship and chair of the Department of Marketing and Entrepreneurship in the Bauer College of Business at the University of Houston. He has been chair of the American Statistical Association Committee on Energy Statistics, which advises the U.S. Energy Information Administration on statistical matters, and previously served on the U.S. Census Bureau Advisory Committee. He has been a National Science Foundation panelist, national conference chair for the American Marketing Association, editorial board member for Journal of Marketing Research, Journal of the Academy of Marketing Science, and Journal of Business Research, and instructor in sampling and survey methods for the American Marketing Association School of Marketing Research. His research interests include survey sampling and cognitive aspects of survey methodology. 

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0 of 0 people found the following review helpful.
Reading it for the second time
By Lingyan Hu
Excellent overview of the survey processes and a wealth of information especially the references for someone who wants to dig deeper.

0 of 0 people found the following review helpful.
Four Stars
By KNChicago
Good book, very easy to understand. Not a heavy "textbook" read at all.

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