Actually, not only can you elect to have your LLC treated as an s-corp, you can instead elect to have your LLC treated as a c-corp or a partnership for taxation purposes if you choose.If you don't elect a specific type of taxation for your LLC (using IRS Form 8832), you will be taxed as a sole proprietor if you have a single-member LLC and as a partnership if you have a multi-member LLC.

Your CPA can helps with this.Capex has to be depreciated, but you can do chattel appraisals and such to depreciate things like appliances quicker than the real property.You can also defer recapture taxation by doing a 1031 exchange instead of selling.

A blog from a CPA on real estate taxation issues would be great to have too!

Anyone "shorting" a mortgage must understand forgiven debt may have serious taxation consequences.

As taxation/insurance/utilities/maintenance costs rise above gross profit in a shrinking-value world of deflation, even their bottom numbers turn red.

I TC Oh, so you're saying that any taxation is actually burglary?

A couple items that I forgot:--there is nothing wrong with having a single member LLC set up as "manager managed" --in terms of preserving the corporate veil, it doesn't matter whether the LLC is treated as a disregarded entity or elects S-Corp taxation for its tax treatment.

Reed also has a book on real estate taxation issues that would be a useful read.Installment sales are very complicated from a taxation standpoint and investors and the IRS don't see eye to eye on how they should be taxed.

Does the IRS waive your penalties for your late fees because you complain about their taxation practices?

Julie:"Holding Company" is just a colloquial term for a corporation whose purpose is to hold assets and whose income is {primarily} passive from the point-of-view of the CRA.As I alluded above, the decision on whether to hold properties directly or via a corporation is driven by many factors ... taxation and the accommodation of {financial} partners being amongst the more prominent concerns.