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19 November 2024 | 10 replies
Readers should seek professional advice.
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19 November 2024 | 8 replies
Below are some important things for you to be mindful when you have to file a partnership tax return1) A partnership return generates a form K-1 that each investor will need to complete his / her tax return.Will the accountant be able to complete the tax return by April 5th to give the investor/partner enough time to file his individual return?
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18 November 2024 | 3 replies
She's on title with her partner and is looking to sell two of the units to the current tenants while at the same time removing the existing partner from title.She's leaning towards having each buyer individual finance their purchase but is open to the possibility of seller financing.
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14 November 2024 | 5 replies
@Nold R.In addition to the great post from Dave, possibly consider an option where the property is taken out of the LLC sooner rather than later and held as tenants-in-common prior to the sale, possibly setting you up in a position to take your share of the proceeds and individually purchase a replacement property via 1031 exchange.
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15 November 2024 | 13 replies
Separate LLC per Property: Maximizes liability protection but adds complexity and costs with individual tax filings.3.
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22 November 2024 | 13 replies
Could be yours or seek out new businesses- chiro, dentist, legal, medical supply, anything that fits the zoning, location, price point and building configuration.3.
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20 November 2024 | 2 replies
I have invested a large sum of money with a company (individual with LLC) who has filed chapter 11 bankruptcy.
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19 November 2024 | 10 replies
If you keep your searches broad you can see which hospitals vs others in the area are seeking temp workers.
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20 November 2024 | 9 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.
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19 November 2024 | 11 replies
Readers should seek professional advice.