All Forum Posts by: Patrick J.

If someone worked in California and moved to Arizona mid year, do they have to file and pay taxes in both states even if the states have reciprocal agreements? Thanks.

@Ilan M Aliphas

Did you ask them to waive penalty fees??

Can a PLLC be owned by an S-corp and wouldn't that cause problems if the company such as a brokerage issues a 1099 to the EIN of the PLLC but the tax filing of the Scorp has a different EIN??

How do partnerships decrease or eliminate SE tax?? Are both allowed to be limited partners? Is the only way to create an LLC and 2 S-corps, one for each partner??

Who's the smart one that knows this answer?

@Greg O'Brien

Many people probably dont report assets they sell when closing their business. Not sure what the tax implications are though since they'd be selling it less than what they bought it for.

@Ashish Acharya

Do people even track contributions, distributions and cost basis in your experience?? I feel most lower tier partnerships just go income, expenses and then slit the profits 50/50 to the K1.

@Josue Molinari

S-corp through your LLC. You save on taxes and still qualify for properties.

@Canesha Edwards

Hi Canesha, is this for agent leads or investor leads? What was your conversion rate and did you keep it short and sweet? Thanks

Anyone ever write handwritten notes for farming/circle prospecting?? What was your conversion rate? What did you write to introduce yourself?

@Dave G.

He's probably a good accountant but sucks at marketing. The bridge between education and entrepreneurship is marketing. Even HnR Block would charge more than $600 for that to be honest. I kind of feel bad for your CPA if he worked that hard to get his license just to charge $600 and take free questions throughout the year. He probably still makes more and enjoys what he does than what he would have in public accounting and those jobs suck.