Cindy Auch
Is interest received from fix & flip loans subject to self employment tax?
25 September 2024 | 9 replies
Another accountant said it’s ordinary income subject to SE tax since we’re a partnership LLC.
Mary Light
Hello BiggerPockets! New PRO here
26 September 2024 | 5 replies
Ben Mudd - Grace Renovations, LLC
Lex Layton
New to working with Hard money and private lenders for a Flip in Asheville, NC
27 September 2024 | 14 replies
Open an LLC, the HML and PML loans usually require you to close in an LLC2.
Sara Aviv Berger
New construction in NC
26 September 2024 | 5 replies
You can typically see seller builder names listed then you can research the LLC and get a contact via google or county parcel search.
Adam Hoeker
Managing the Finances
27 September 2024 | 15 replies
Quickbooks isn;'t setup out of the box for real estate and you need a separate subscription per LLC.
Moises Silva
Financing a rehab and flip
30 September 2024 | 25 replies
At ASRE HOLDINGS LLC, we understand that navigating traditional financing options like mortgages can sometimes be challenging after purchasing a new primary residence.
Steele Kruzel
Cash out refi 80% LTV
26 September 2024 | 17 replies
If a cash out refinance, many lenders will allow the cash out to satisfy the reserves requirement.DSCR lenders generally let you vest either individually or as an LLC.
Todd M.
New Home Equity Loan after Quit Claim to LLC
25 September 2024 | 3 replies
Hey everybody,I've held an investment property (4-plex) for years and have built up some equity. I'd like to access this equity through a Home Equity Loan (HEL) and use it to make downpayment on another investment pr...
Ting Liu
how to split capital gain tax with partner
26 September 2024 | 9 replies
@Ting LiuSince property was in your name only, I doubt any partnership return was filed.Did you form an LLC with your partner?
Rachael Palmer
STR in Unincorporated Bay Pines (5 min drive to Madeira Beach) or Indian Rocks Beach
24 September 2024 | 8 replies
I know that the property needs to be under an LLC for liability, tax, etc.