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Updated 11 months ago on . Most recent reply

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Colin Sexton
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5
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Couple LLC/Corp tax questions

Colin Sexton
Posted

If you have or buying a rental/airbnb or even fix and flip. Do you want the property in business name/LLC etc?

Also if you have a business for just buying/selling land only and spend money/milage traveling to properties BUT don't make any revenue from the business the first year can you write off those expenses?

Thank you in advance! :)

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