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Results (4,018+)
Steve Dao LLC and mortgage under personal name
29 June 2022 | 2 replies
@Steve DaoAsk your cpa but Not sure why you would do this as a LLC is a disregarded entity and flows back through you anyways.
Tanzim Seraj Bought an Owner Occupied 3 Unit Under My Name Instead of LLC
20 April 2022 | 4 replies
LLC is a 'disregarded entity' as far as the IRS is concerned.
Luke G. 1031ing multiple properties with different LLC's.
20 April 2022 | 3 replies
If the LLC is a *disregarded* entity, and the taxes and income flow through to you, individually, then you are the taxpayer performing the transaction, and it's likely that you can combine the exchange. 
JayCinta Henry Time For Rental LLC Consideration.
28 April 2022 | 12 replies
They are extremely rare and results from gross mismanagement of the member/owner that can be easily avoided.Now, if you have a personal liability attack against you (your kid is involved in a vehicle homicide for instance), an LLC in a charging order state will protect your real estate from being taken away from you.Last if you use anonymity protection with an LLC, you will avoid a lot of possible nightmare stories of harassment, threats, vandalism, libel to your home, work and social media by a disgruntled tenant.It may also protect you from frivolous lawsuits as an asset search by ambulance chaser lawyers will return nothing.To answer your questions:Yes if your LLC is disregarded for tax purpose, there will be no change to your tax return.
Brian Ellis What’s with the Dave Ramsey haters?
30 April 2022 | 15 replies
So don’t completely disregard what is being taught in total money makeover.
Nathan Wierzgac Flipping a House to Myself
5 May 2022 | 3 replies
My LLC has two other small percentage owners and is structured as an S-corp as to not be viewed as a disregarded entity.
Yvette Malpica High interest wondering why?
18 November 2021 | 3 replies
If I’m not allowed to post this please disregard.
Jack Rozema Cash Out Refinance Scenario
1 December 2021 | 18 replies
Some other poster wrote that he could disregard the loans if his outfit was allowed to directly pay the loans off out of proceeds at closing.
Charlene Stovin First Time Property - Forming an LLC
1 December 2021 | 8 replies
It is a disregarded entity which means for tax purposes it is the same as the owner.
Levertis Brock 120,000$ duplex under contract but tenant wont get out
8 May 2021 | 31 replies
Some states are already disregarding the federal CDC order and proceeding with evictions.