QUESTION: According to an investment newsletter, If your prime or second residence has a first mortgage through a bank, your self-directed IRA is allowed to...
That is a prohibited transaction no doubt about it. I have a whole IRA module in my course on investing in real estate and who you can and can't do it with. ...
Yes, it is a prohibited transaction; however, the DOL has allowed an exception to this transaction and has allowed it to occur under certain circumstances....
QUESTION: In regards to the capital gains on the asset used to fund a Foreign Commercial Deferred Variable Annuity owned by a foreign corporation, would there...
QUESTION: My IRA has invested in some offshore real estate. Because an IRA may establish a deposit account in a foreign jurisdiction, are all the other filings...
QUESTION: Do you think a variable annuity without a living/death benefit rider would be a viable alternative to setting aside money for a charity instead of a...
Reminder from: JacobsReport Yahoo! Group http://groups.yahoo.com/group/JacobsReport/cal Jan 31st - Due Date for Information Returns Wednesday January 31, 2007 ...
JacobsReport@yahoogro...
Jan 17, 2007 6:07 am
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QUESTION: I am interested in offshore variable annuity, however I have searched for the Code authority granting tax deferred status to a foreign variable...
QUESTION: It is my understanding that owning a variable offshore annuity would result in the owner checking "No" on his income tax return for foreign ownership...
QUESTION: Just ordered "offshore tax strategies" and it reminded me that you mentioned back in September that there was some updating to the Controlled Foreign...
QUESTION: How does one go about finding an aggressive, competent tax preparer? I don't make a lot of money, but my taxes are becoming more complex due to my...
This is a two part exchange with a member of this list who doesn't agree with my views about whether a foreign variable life insurance policy needs to be...
New Zealand Seminar Resurrected Last year David Tanzer & Associates, PC. and Offshore Press co-sponsored a seminar in New Zealand that we called the "Escape...
QUESTION: If a U.S. individual owns a foreign corporation, and that corporation has income from U.S. sources, are both Form 5471 and Form 1120-F required? On...
QUESTION: As far as I understand, a Panama S.A. corporation can not file 8832 to be a disregarded entity and is hence subject to ordinary income taxes on...
I would appreciate some help from members of this list who are professionals in web marketing. Specifically, I'm trying to find a method of identifying the...
QUESTION: Can an IBC make an election to be treated as a disregarded entity by the IRS? REPLY: Probably. For those not familiar with the election to be treated...
Reminder from: JacobsReport Yahoo! Group http://groups.yahoo.com/group/JacobsReport/cal Feb. 28th Due Date for Information Returns Wednesday February 28, 2007 ...
JacobsReport@yahoogro...
Feb 14, 2007 6:03 am
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QUESTION: My grandfather was a citizen of the Cayman Islands. He established a trust fund for me with me as beneficiary. I have decided to keep the majority of...
I had an inquiry today asking if I knew of any seminars or workshops on the tax treatment of U.S. employees who are thinking about taking an offshore...
QUESTION: Your service seems to just be about how to toe the party line and do what the IRS says. Why don't you share some tips and ideas on how to not pay...
QUESTION: A US Company pays a Foreign National (Non US resident/citizen person) for work done in a Foreign Country, say Germany. Do US company withhold on...
Reminder from: JacobsReport Yahoo! Group http://groups.yahoo.com/group/JacobsReport/cal March 15th Due Dates for Forms Thursday March 15, 2007 All Day (This...
JacobsReport@yahoogro...
Mar 1, 2007 6:02 am
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QUESTION: If an individual invests directly in foreign stocks purchased through foreign exchanges (passively), are there any international tax rules that would...
If you need more time to file a corporate tax return or the Form 3520-A for a foreign trust, you can get an automatic six month extension by sending in Form...
The following is in response to my comments yesterday about how to prove that an extension form or tax return was put in the mail on a timely basis. (Vern) ...
QUESTION: If someone (US citizen) invests in a privately held investment company in Europe, keeps the proceeds from the investment company in a European bank...
The March 15th issue of the International Wealth Protection Monitor included an article by Bob Bauman (Editor of the Sovereign Society A-Letter) in which he...
There seems to be a huge amount of non-sense and some outright deception about the impact of tax havens and the alleged abuse of tax havens. The following...
It's been about two weeks since I've sent any memos to this group and I'll be about as busy as a long tailed cat in room full of rocking chairs for the next...
