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1 July 2024 | 2 replies
Agreed with Account Closed - putting real estate, or a real estate partnership - within an S-Corporation provides effectively no value, while creating significant headaches and tax consequences.The only real benefit left for an S-Corp is partial shielding of employment taxes - but a rental property already doesn't produce any self-employment taxes, so the one benefit already doesn't apply to the rental.Then you have problems with not getting basis in the debt of the property, having a lack of flexibility on future structure, issues with distributions in excess of basis...just nothing about it is good.If the Partnership hires a property manager, and that property manager ends up being your S-Corp - great, now you are perhaps better managing your exposure to self-employment income as a result of these property management fees.
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3 July 2024 | 24 replies
Please educate all Realtors on how to do so, so we can avoid giving bad advice.Just look at Zillow home index , when it creates a new wave I purchased , flat curve is good ….
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1 July 2024 | 7 replies
Since then, we've been fairly flat as rates stabilized around 7%.
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1 July 2024 | 2 replies
Is the micro market (neighborhood) appreciating, flat, or declining, and what is it expected to do over the next 5 years?
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2 July 2024 | 73 replies
Asked my insurance company if they would insure a 'vacation rental' thru either of the above companies and they gave a flat 'no'.
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28 June 2024 | 2 replies
However, the dog has excessive barking whenever the tenant is not home.
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1 July 2024 | 4 replies
I'm sure you can negotiate a flat fee.
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1 July 2024 | 8 replies
There's definitely some risk in there that bookings remain flat and not everyone uses the coupon.
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1 July 2024 | 58 replies
It looks more upscale then plain flat boring walls.
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30 June 2024 | 8 replies
You should only consider switching when your current software has a significant flaw or lacks features that force you to spend excessive time on workarounds.