All Forum Posts by: Tyler Clearman

I am from Abilene. And yes I plan on moving home. But I have time until I do that. I am looking to make my first few deals before I graduate, however.

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Originally posted by @Lance Lvovsky:

From a pure tax compliance perspective, there is no tax benefit of an LLC. You can deduct the same expenses for your rental if the property is owned in your name. The benefits come elsewhere - asset protection, limited liability, tax planning opportunities increase, etc.

How does it help with tax planning?

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What are the tax benefits of having my company own the property instead of me owning it? How can a LLC save me money on taxes?

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Originally posted by @Jordan Sutherland:

Welcome to BP, @Tyler Clearman! BP is hands down the best resource out there for REI, in my opinion. Did you grow up in lubbock, or are you just here for school?

Thanks for the warm welcome! I am here for school. I have a year and a half left. I am studying Personal Financial Planning at Texas Tech

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Glad to be here! This seems like a great place to learn and network.

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Hi everyone. My name is Tyler Clearman. I am a Personal Financial Planning Major at Texas Tech University. I have only become interested in Real Estate recently. But I know it is one of the best ways for me to achieve financial freedom. I look forward to making contacts in the BiggerPockets community.

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All Forum Posts by: Tyler Clearman

Tyler Clearman has started 6 posts and replied 16 times.

Post: Newbie in Lubbock, Texas

Post: Tax Benefits of a LLC

Post: Tax Benefits of a LLC

Post: Newbie in Lubbock, Texas

Post: Newbie in Lubbock, Texas

Post: Newbie in Lubbock, Texas