Jason Malabute
tax prep and accounting cost
29 August 2024 | 23 replies
I am interested from hearing from everyone that has a single-member LLC (SMLLC) that is a disregarded entity is generally reported on the owner’s Form 1040, Airbnb, flipping, wholesaling, to complex 1065 filers under subchapter K. 2.Accounting Costs: How much are you paying for ongoing accounting services?
Camy Kwok
1031 Exchange from residential to commercial/residential
29 August 2024 | 6 replies
But make the lease arms length.And if liability protection is an issue then she could sell as herself and buy as a "disregarded entity" LLC.
Chad C.
How does LLC owner get paid and tax consequence?
27 August 2024 | 7 replies
Since the LLC is a disregard entity, do I need to report anything for this check/draw?
Shivam Patel
Need assistance with 1031 Exchange in NJ
26 August 2024 | 4 replies
You can easily accomplish this with disregarded entity LLCs either before your sale or after your purchase.
Nicholas Kania
10% Vacation Loan Use and Tax Benefits
27 August 2024 | 8 replies
Nope. 99% of LLC’s ar “disregarded” and have tax impact. 1% file their own taxes and cause you to pay higher tax totals.
Nicholas Kania
Guidance on Forming a Real Estate Business: Partnership, Tax Strategies, Accounting
27 August 2024 | 11 replies
If entities are disregarded, you can keep up with more than 1 in a single QBO account using the location/business feature to keep track of them separately.
Aaron Dennis
RE business concept - pros/cons
23 August 2024 | 1 reply
Not disregarding wholesalers at all (I truly appreciate them and think they have a place in the market) but I feel yucky simply saying sell me your house for penny's on the dollar which is the primary reason for including the other options listed above.
Brent Scholz
Helping to put the "KC" in Bigger PoKCets? (eh, you get the idea)
21 August 2024 | 5 replies
Noah told me to introduce myself here, so who am I to disregard protocol.
Michael Turner
STR Material participation requirements for married filling jointly
20 August 2024 | 14 replies
The LLC is in a community property state and thus is not a partnership but a disregarded entity.
Christian Nachtrieb
Complicated 1031 Due to Property Being Held in LLC
20 August 2024 | 4 replies
I assume this/these aren’t disregarded LLC’s?