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21 August 2024 | 7 replies
Each LLC can have a separate agreement, but the IRS will scrutinize this, so keep everything above board to avoid issues.Tax Implications: This arrangement could allow you to shift income and claim home office deductions, but it needs to be done carefully to avoid triggering any red flags with the IRS.Renting a Car to Your LLCs:Renting your car to your LLCs can also offer some tax benefits, such as shifting income and potentially deducting expenses like mileage and depreciation.
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18 August 2024 | 2 replies
However, few realize that the high cost of housing and related expenses may bring them back to shared living arrangements in the future.Is this a good thing for individuals and society?
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17 August 2024 | 7 replies
I would also make sure that he doesn't sell his part for at least 3 years.What do you guys think of this arrangement?
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17 August 2024 | 2 replies
In my past professional life I worked as an attorney for a hotel development company that owned over 1B in assets yet as a company we did not feel the need to utilize entity structures nearly as complexed or convoluted as what you arranged.
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16 August 2024 | 4 replies
Additionally, consider how this arrangement may impact your insurance and liability.
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16 August 2024 | 2 replies
I did NOT take “floor time” and I arranged to forward any buyers, sellers, tenant or landlord leads I received that were not related to automotive properties to other brokers in exchange for them forwarding their automotive property leads to me.
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15 August 2024 | 1 reply
I know that a "subject-to" (sub-to) arrangement might work, but is there a way to release the other spouse from liability when using sub-to, or is refinancing necessary?
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16 August 2024 | 12 replies
Where would we go about finding someone in our area that would be interested in and Airbnb arbitrage arrangement?
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15 August 2024 | 17 replies
I feel pretty fortunate with my current arrangement.
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14 August 2024 | 3 replies
We allow the seller to leave anything behind they don’t want to deal with, and we minimize disruptions by arranging only one showing.