Sentences with phrase «hold other income producing assets»

Some posts suggest that 1 LLC to be set up to hold land and the other to hold other income producing assets but doesn't this imply that I wont be able to set off the expenses in holding land (eg property tax) against the rental income produced by the mobile home park?

Not exact matches

Instead of holding the $ 1B of T - Notes yielding, say, 0.6 %, Jack would be left with $ 1B of some other income - producing asset.

High - return assets that produce a substantial amount of their return through taxable income, on the other hand, should be primarily held in tax - deferred accounts such as IRAs and 401 (k) s.