Todd Powell
Question: Can you take two different LLC names and do 1031?
24 March 2024 | 19 replies
Although each cell of a Series LLC can own distinct assets, incur separate liabilities, and have different managers and members, a Series LLC may be able to pay a single set of annual state fees and may be able to file one income tax return each year.
Dennis Gallof
Possible to Convert Illegal Cellar to Legal Apartment?
22 March 2024 | 12 replies
There is a distinction that NYC makes when it comes to "habitable" vs.
Account Closed
Home sellers would no longer be forced to pay up to 6 percent commission to agents
25 March 2024 | 214 replies
As society shifts and technology advances, a ruling like this, at a time where two distinct generations collide, it can seriously alter the future.
Arwin Nassiri
Investing in Tulum?
22 March 2024 | 132 replies
I have been a devoted follower of this blog for over 5 years, and I distinctly remember a post from Mike four years ago in which he stated: "I have been investing for a few years in the Riviera Maya and was recently presented with a private condo deal in Tulum.
Michael Nelson
What do Hard money and private lenders need to see
19 March 2024 | 13 replies
I think that is a very important distinction.
Brendan M.
What are the tax implications of paying myself to property manage?
19 March 2024 | 22 replies
It doesn't matter if you deduct it on schedule C as a management expense, or schedule A as a contribution, the result is exactly the same.Perhaps a distinction you're missing/misstating: "Meant Schedule A, and the Charitable Contribution is deducted from the Tax you owe, plain and simple"Charitable contributions are deducted from your taxable Income, dollar for dollar.
Idalia Guerra
In search of an Airbnb 2 night donation for 501c event. Donation is Tax Deductible!
15 March 2024 | 0 replies
It is a distinctive school where 47% of students are economically disadvantaged and 50% are learning English as a second language.
Michael Adamo
Seeking Insights: Phoenix House Hacking Market
15 March 2024 | 10 replies
Understanding the local quirks is essential for effective house hacking because every neighbourhood have its own distinct features.Good luck!
Ken Weiner
Anderson Business Advisors
20 March 2024 | 193 replies
Again, I am skeptical.For one thing a “Corporation” is not a “Company” and they have legally distinct meanings in formation.
Bill Rapp
Discount Rates vs. Cap Rates in CRE Analysis!
14 March 2024 | 2 replies
The critical distinction between cap rates and discount rates lies in their time horizon.