In this case, the LLC will file taxes as a pass-through entity, meaning the income or losses will be reported on your personal tax returns, and each partner will report their 50% share of the profits or losses on their respective individual tax returns.To make sure you’re doing things correctly, I recommend consulting with a CPA who specializes in real estate investments, as there may be strategies to mitigate tax liabilities or specific deductions you can claim related to the flip.

Hi David,I’m just entering the flex space development space and recently joined a mentorship program to deepen my knowledge (I do have experience in commercial MF).

I'd like to know because if they select them as they are entered into their database, right after filing, then there is another good reason to always extend and file on the last day.

Many investors start their journey by diving into individual distressed property deals, but if you want to grow into a high-volume operation, it’s essential to change your mindset, strategy, and execution.

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.

In my firm, we underwrite the Sponsor as a company in addition to their individual offerings.

Hey @Stephanie Medina, this comes up fairly regularly and is really an individual situation.

So, with large numbers of new graduates entering the field who are CHEAPER, someone established in the field may soon find themselves with "golden handcuffs" unable to find positions with the same pay as they are replaced by these younger cheaper options. 

I entered criteria into Zillow and then received postings.

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.