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Updated over 1 year ago on . Most recent reply presented by

User Stats

46
Posts
7
Votes
Hament Raju Mahajan
  • Investor
  • Sanfrancisco , CA
7
Votes |
46
Posts

Take Property titel in one entity and filing taxes for it with anothe entitiy

Hament Raju Mahajan
  • Investor
  • Sanfrancisco , CA
Posted

For a Flip property in Califorina , can a CA LLC (partnership ) take title and Income taxes be filed with a CA S Corp. The idea here is manage / avoid the gross receipt tax which CA FTB charges on flip properties (even if one looses money on the flip)

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