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Written by Dohn Thornton

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Stop Wasting Money on an LLC You Don’t Need

Stop Wasting Money on an LLC You Don’t Need

You’ve got no revenue, no assets, but you’re paying setup fees, annual reports, bookkeeping, and tax returns? For what — paper protection that cracks in court? Start lean as a sole proprietor. When you have something to lose, that’s when you level up to a spendthrift...

Flippers—LLCs Bleed You, Spendthrift Trusts Free You

Flippers—LLCs Bleed You, Spendthrift Trusts Free You

I’ve been flipping houses since 2002. Over 3,000 foreclosures. I’ve seen it all. And let me tell you — if you’re running flips through an LLC, S-Corp, or land trust, you’re playing the wrong game. Here’s why statutory law entities fail flippers: Land trusts:...

LLCs Offer ZERO Lawsuit Protection

LLCs Offer ZERO Lawsuit Protection

LLCs offer ZERO lawsuit protection. That’s not fear-mongering — that’s fact. If you treat an LLC like a shoebox under your bed, a judge will treat it the same way. Then your house, car, and bank accounts are on the table. People think sticking assets in an LLC is a...

Your CPA Wants You to Count Miles? Deduct the WHOLE Car!

Your CPA Wants You to Count Miles? Deduct the WHOLE Car!

The Statutory Scrap They Call a “Deduction” Your CPA loves to tell you: “Track your mileage! You can deduct 70 cents a mile.” Sounds like a gift, right? Wrong. Do the math. Even if you drive thousands of miles a year, you’re still bleeding money on: Gas ⛽ Repairs...

Crypto Holders: You’re Paying Triple Tax for No Reason

Crypto Holders: You’re Paying Triple Tax for No Reason

The Triple-Tax Trap If you hold crypto, you’re being taxed in three different ways — and most investors don’t even realize it. Statutory law CPAs rarely talk about this, but every time you: Sell crypto for fiat…taxable event. Trade one coin for another…taxable event....

Building a Family Legacy With the Spendthrift Trust

Building a Family Legacy With the Spendthrift Trust

Most people think wealth planning means setting up a maze of LLCs, corporations, or a “family office” only billionaires can afford. That’s the myth. The truth? You don’t need endless entities or a billion-dollar exit. You need one airtight structure that protects what...