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All Forum Posts by: Kalen Adamson

Kalen Adamson has started 2 posts and replied 5 times.

That does clear things up, thank you for the input, I think I'm stuck paying the tax on this set of shares 

Thank you for the replies, the shares are in a personal brokerage account, I'v had these particular shares for years, would I still be obligated to paying the capital gains tax if I put that money into the LLC, and purchased real estate within the same year?

Hello, I'm new on the forum, so not sure if this is the right place to post this. I have an LLC that I'm looking to purchase some real estate with, but I might finance the real estate with some money that I currently have in personally owned shares. Would I be taxed on that money if I sold the shares and put it into real estate that same year? If I didn't buy real estate that year, could I put the money back into the market through the LLC brokerage account and not have to pay tax on it there? I'm new to figuring out how all this works so go easy on me.

I see, yea on this one we budged twice that for repairs, my main driving factor towards wanting a warranty is that we have 4 AC units that are about to go, and the other two have been replaced in the last year. If one more goes this summer, the warranty would pay for itself... as long as the company would honor it

Does anybody uses a home warranty on their multi-unit buildings? I'm looking to purchase a warranty on a 6 unit building with aging appliances. Hoping to find out if these warranty companies actually stand up and cover the costs on these items, or is it a fine print, smoke and mirrors business? Any input would be greatly valued

Thanks,

Kalen