Passthrough Entities

The Short-term rental strategy has become a popular investment strategy in Colorado, especially with platforms like Airbnb and VRBO booming in cities like Denver, Boulder, and the mountain resort towns. What many property owners don’t realize is that the IRS treats short-term rentals very differently than traditional rental properties. When structured correctly and by using […]

As a small business owner, safeguarding your personal assets and optimizing your federal tax liability is essential. However, understanding the range of available legal structures can be challenging. One viable option is to have the Internal Revenue Service (IRS) classify your business as an S corporation. To achieve S corporation status, you must formally notify