Kar Sun
Tenant keeps complaining
12 July 2024 | 34 replies
That's just a d-bag way to consider things, it is, no way around that simple fact, your declaring your total disregard for anything except a singular focus to serve YOU.
Tyler Gilpin
Keeping track of portfolio financials
8 July 2024 | 20 replies
If entities are disregarded, you can keep up with more than 1 in a single QBO account using the location/business feature to keep track of them separately.If you want to discuss any of this further, I'm happy to answer questions and help walk you through it.Best of luck!
Fahadbin Alam
Can I use the VA loan while living in the barracks?
7 July 2024 | 5 replies
I know of people that disregard this rule but it's ill-advised to do this because if the lender finds out about this fraud, they can call or the whole amount of the loan to be due.
Ria Lamb
Putting a 1031 exchange property into an LLC (3 years later)
28 June 2024 | 41 replies
What do you mean by the LLC being a disregarded entity for income tax purposes?
Alf Holst
would you consider giving rental discounts?
1 July 2024 | 29 replies
Your strategy may work attracting good tenants, but be careful disregarding applications or denying the property to qualify individuals that are protected class.
Account Closed
Seasoned Real Estate CPA Expert Answering all Questions on Investing Tax Strategy
26 June 2024 | 34 replies
Both LLC's would be disregarded entities for tax purposes.Thanks.
Armand Gray
Understanding "Transfer on Death" (or similar) and buyouts for TOD contracts.
27 June 2024 | 4 replies
That said, I would strongly advise that you get a lawyer involved, or at a minimum a licensed Realtor (you mention "brokering" the deal, and that you are a SWE for Google, but not that you are a licensed Realtor...if you are then disregard that last part).
Shay Sherbotseli
First property decision on location Texas / Philadelphia
28 June 2024 | 29 replies
Disregard the MHP example
Igor Balakhnin
Do you pay capitol gains tax on owner occupied duplex at sale?
27 June 2024 | 26 replies
This is what is called a "disregarded entit".When she sells the property she'll get the proceeds allocated to the unit she lives in tax free within the sec 121 limits.
Derek Bleam
Questions about starting an LLC
26 June 2024 | 18 replies
I believe you are confusing the option to operate as a disregarded the entity, which has nothing to do with asset protection.