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Results (4,023+)
Quintin Green I created an LLC, now what?
31 October 2020 | 10 replies
A single member LLC is disregarded as an entity all together for tax purposes. 
Kathryn Schauer Adequate Insurance Coverage?
9 October 2020 | 2 replies
Thanks for any insight.Please disregard - I got an answer on a different thread. 
Justin Summers Tax question on Self Renting- Single Member LLC to SMLLC
10 October 2020 | 2 replies
You did not mention the federal income tax status of the two LLCs.If both are disregarded entities, the rental arrangement will not be respected for federal income tax purposes and the real property will be treated as owned directly by the operating activity.If the operating LLC is an S or C Corp and the LLC owning the real property is disregarded, any lease agreement between the two would be respected and you would indeed have a "self-rental" for tax as Ashish noted.Whether or not you should be an S or C Corp is a great question, and shouldn't be taken lightly. 
Jonathan Tavarez Why I wholesaled my parents house?
10 October 2020 | 0 replies
People need to realize a wholesaler is not always a person just taking advantage of someone in need and understand that the issue is not the tool but the people wielding that tool so don’t disregard it as just a way to fool people.
Jamiek Todd How long do I need to have left on my contract to use VA loan?
17 October 2020 | 6 replies
The lender may require documentation showing intent to re-enlist with a letter from your command stating you are eligible, documentation showing you are already re-enlisting, or a lender might disregard your time left on contract, or documentation showing guaranteed future employment.
Maurice Smith is not the time to be buying real estate
12 October 2020 | 0 replies
" IS NOW THE TIME TO BE BUYING REAL ESTATE "  ( DISREGARD THE ERROR IN TITLE , BP DOSE NOT ALLOW ME TO EDIT )with all the data coming out things are starting to become a bit more clear.
Anthony Foster Meetup! Houston, TX - in Hermann Park on 11/15 at 10am
9 December 2020 | 11 replies
disregard my last post on the date, I was thinking December 15th for some reason. 
Anisha Mehta EIN for LLC in Texas
19 November 2020 | 5 replies
Being sole proprietorship LLC (classified as disregarded entity), i was planning to file my future Tax returns on my Individual SSN tax account using Form -1040 E form.I don't have any employee and also not planning to hire in future .
Nicholas Stolfa Ryder What tax election do I pick for my LLC for real estate
22 November 2020 | 6 replies
@Nicholas Stolfa RyderBy default a single member LLC is a disregarded entity.If you want it taxed as a corporation or S-corporation, you would need to make an election and file some forms.Whether you should be taxed as a corporation/S-corporation depends on several factors.
Account Closed LLC To Manage House Hack
25 November 2020 | 14 replies
By default, a single member LLC is a disregarded entity and a multi-member LLC is a partnership from the IRS' perspective.