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29 August 2020 | 5 replies
Is taking the title into a disregarded entity that you own considered the same as your personal ownership of the original property?
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6 April 2021 | 19 replies
@Vania CastilloProblem is that apparently in conn a single member LLC is disregarded as an entity and so when the manager owner of the LLC dies it must go through probate just as if the property was owned individually.Probate as per the lender might be avoided if the loan is to a.
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5 September 2020 | 12 replies
If you mess up as a landlord and disregard renters rights, the tenant could make a complaint to the local magistrate and you could be fined.
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21 September 2020 | 9 replies
But they were out and I just couldn't bring myself to give them anything because the damages were due to nothing but utter carelessness and a complete disregard for the property.
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17 September 2020 | 3 replies
Disregarded entity, partnership, S Corp, C Corp?
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13 September 2012 | 12 replies
Now, if you want to potentially have to make that effort, then disregard recent court cases such as this.
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20 September 2012 | 9 replies
The IRS will disregard the expenses and allocate it all to the Schedule E.Also Schedule C losses are deductible in the current year whereas Schedule E may be limited in many circumstances.
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26 October 2012 | 30 replies
Aren't you then a disregarded entity, and don't file taxes for the LLC itself, but just as part of your personal tax return?
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16 December 2015 | 9 replies
It is referred to as a disregarded entity; this means that it will be treated as nonexistent unless you: 1) take on partners 2) elect to be treated as a corporation(defaulted as a C-Corp) 3) elect corporate status and make an S election using Form 2553.The LLC route is a bit pricier; however, most attorneys will recommend the LLC for liability protection.
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9 December 2012 | 33 replies
Do you think I should instead disregard market value, and simply pursue it based on the long-term potential?