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1 September 2019 | 2 replies
There was an unexpected obstacle in the foundation work and some weather issues which caused some warranted delays, but the rest were due to the contractor's constant missing of deadlines set, their disregard of this project in that it's probably a tiny one compared to the others they're working on, and the back and forth with they city to revise plans and inspections.
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10 September 2019 | 25 replies
i.e. don't put them in the same entity.The best way to start out initially might be an LLC taxed as a disregarded entity.
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25 September 2019 | 2 replies
Setting up a holding company say in Wyoming to hold your LLC’s as disregarded entities set up in other states to hold your rental.
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4 September 2019 | 2 replies
The partnership that is created via this structure is general partnership, but since the partners are LLC, the liability is limited at LLC level, if LLC is operated property ( legal stuff) The partnership created will file a partnership return 1065 and you will pick up your share of income at your personal level 1040 as LLC is disregarded for tax purpose.
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5 September 2019 | 1 reply
I’ve come across a few that appeared to be rather good deals, however I disregarded them as I have been working to save up the capital and reserves necessary to dive into investing.
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26 September 2019 | 52 replies
@Joe MasseyApologies for unfair synopses / general disregard for context in the name of comedic value.I hope you agree forgiveness is reasonable and obtaining permission would have been unnecessarily formal.Enjoy reading most of you regularly and happy to have met the rest!
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16 September 2019 | 0 replies
(sic) I’m calling with RLC Investor Group... because your property came across our desk... we are looking to expand our portfolio in your area...”The cherry on the pie was the ending of the vm: “...And if you received this message in error, please disregard and have a wonderful evening.”
19 September 2019 | 3 replies
That makes the LLC "disregarded" and the true tax payer fo the property is still you (or rather your tax return where the activity of the property is reported).If you're wanting to contribute that property into a different regarded entity (with or without other partners), there's no holding period after a 1031 is complete.
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7 October 2019 | 32 replies
A single member LLC is considered as a Disregarded Entity in the eyes of the IRS.
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18 November 2019 | 22 replies
How does one form a disregarded entity, and how would that be helpful liability-wise?