
25 June 2020 | 4 replies
If so, then quit claiming it to yourself won't matter for taxes, since the LLC is disregarded and you would file Sch C or Sch D on your personal tax return.

1 July 2020 | 4 replies
Proc. 2002-69 and 2002 C.B. 831, a husband and wife who are the sole owners of an LLC and reside in a community property state can choose whether they are treated as a partnership or disregarded entity.

30 July 2020 | 13 replies
In fact, if you are a single member LLC the IRS considers you a "disregarded entity."

6 July 2020 | 2 replies
Homeowners are prohibited from making any changes to the original lease Tenant need not provide notice to property owners of required maintenance, but may proceed directly to litigation if they assert the owner showed a disregard for their "comfort.""

15 December 2020 | 60 replies
Friends of mine who own small businesses here in the valley, especially restaurants, are worried because they have worked hard to stay open but there is a large disregard for the new rules in a lot of places.

8 July 2020 | 8 replies
WD: Warranty Deed; QCD: Qhit Claim Deed.You would have to talk to an asset protection attorney and a CPA to discuss your specific details.But I would envision that you may ending up creating an entity (probably a disregarded LLC) to own the property, and another entity (probably taxed as an S or C corp) for the operation part.

9 July 2020 | 12 replies
If someone is just claiming he needs to pay a lower rent I'd tend to disregard anything he says.

13 July 2020 | 2 replies
As you probably expect, a few missed payments could be an innocuous error (bill got sent to my old address), to a disregard in paying bills off.

19 July 2020 | 15 replies
Thanks for ideas.Since the existence of a single-member LLC is disregarded for most federal tax purposes, an individual who owns a disregarded single-member LLC that is engaged in a business and materially participates is subject to SE tax on the LLC's income.There are seven listed test for material participation that determines the passive vs non passive nature of the income.
20 July 2020 | 35 replies
This is more about your personal risk assessment, than if it is a good time from a market standpoint.If your worth $10mm, then disregard everything I just stated.