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10 April 2018 | 9 replies
Sorry to confuse you but, bottom line is, LLCs are not tax saving vehicle, they are for asset protection.
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13 April 2018 | 6 replies
I'm also a Veteran, so keep that in mind for later.About the property: It is a Class C Mixed Use building in the heart of downtown La Crosse, WI, which gets excellent vehicle/foot traffic.
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14 April 2018 | 1 reply
I'm also a Veteran, so keep that in mind for later.About the property: It is a Class C Mixed Use building in the heart of downtown La Crosse, WI, which gets excellent vehicle/foot traffic.
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14 April 2018 | 7 replies
Real estate is a great investment vehicle, particularly from a total-return perspective so I think you are doing a great thing by looking to get into it.
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2 May 2018 | 2 replies
Wondering opinions on having our LLC own a vehicle vs. the LLC reimbursing personally for mileage?
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21 April 2018 | 13 replies
Currently I am interested in using rental properties (single or multi-family) to be the vehicle for that travel, but since we have little in the form of a cash cushion I am eager to learn more about other strategies.I look forward to interacting with y’all and if anyone is in Southern California and wants to meet up (be it fellow newbies trying to figure things out, or experienced real estate titans ready to pass on their knowledge) my wife and I would love it!
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22 April 2018 | 2 replies
Just remember it's a forum primarily for real estate investors, so most of the responses you'll get are from the perspective of people who prefer real estate as their investment vehicle.
19 April 2018 | 8 replies
If self-directed IRA is not your "thing" Anthony Dooley, that doesn't mean that it won't work for everyone else too (there are millions or investors who are using these vehicles).
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16 April 2018 | 4 replies
The records or other documentary evidence must support all the following: The amount of each separate expenditure, such as the cost of acquiring the item, maintenance and repair costs, capital improvement costs, lease payments and any other expenses.The amount of each business and investment use (based on an appropriate measure, such as mileage for vehicles and time for other listed property), and the total use of the property for the tax year.The date of the expenditure or use.The business or investment purpose for the expenditure or use
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14 January 2019 | 15 replies
Investors can defer tax on any prior gains until no later than Dec. 31, 2026, so long as the gain is reinvested in a Qualified Opportunity Fund, an investment vehicle organized to make investments in Qualified Opportunity Zones.