Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 4 years ago on . Most recent reply

User Stats

6
Posts
3
Votes
Daryl Byerly
  • Flipper/Rehabber
  • Las Vegas Nv
3
Votes |
6
Posts

LLC For Investment Property

Daryl Byerly
  • Flipper/Rehabber
  • Las Vegas Nv
Posted

When I title a property into a LLC should I elect to have it taxed as a S Corp or just have the LLC report on my personal taxes and why please.

Most Popular Reply

User Stats

4,039
Posts
2,376
Votes
Steve Morris
  • Real Estate Broker
  • Portland, OR
2,376
Votes |
4,039
Posts
Steve Morris
  • Real Estate Broker
  • Portland, OR
Replied

ASK A CPA INSTEAD OF READING BLOGS LIKE THIS.

However, in case, a LLC is just a pass-thru for income according to the operating agreement. What happens with taxes is dependent on the entity(s) that the income is passed thru to.

If you want to take it as personal income, then do so.

Loading replies...