Alvin Pereira
Loaning Funds to Your Own Business
25 July 2016 | 9 replies
From a tax perspective, assuming you are the sole owner and the LLC is disregarded, you and the LLC are one and the same.
Jason Hill
Depreciation Question (what's inclusive)?
26 January 2015 | 10 replies
I've read the Sched E instr form and seems that it's somewhat vague....additionally, I tried in the past to claim mileage, vehicle, etc but IRS disregarded it (without reason).
Erik Kubec
Solo 401k Equity Trust Company, Single member LLC: 1099 income not eligible?
17 July 2014 | 5 replies
The plan is for the LLC to remain a 'disregarded entity' and the income to flow into the 1040, and to pay the self employment taxes.I got a call from a junior guy at Equity Trust after I had submitted paperwork in which he said that 1099 income is not considered eligible for solo 401k contributions, but W-2 is.
William Huston
A few questions about LLC's
23 October 2018 | 6 replies
These LLCs being disregarded for federal tax purposes won't require any filing (but you may in some state have some state filing).Create a holding LLC that will be the single member of all these LLCs.
Bob Flynn
tax allocation to land vs. apt buildings
22 March 2018 | 3 replies
Meiers (assessor valuation disregarded in favor of estimated building replacement costs)During 1977, petitioners purchased for investment purposes two condominium properties known as the Via Serena property and the Calle Sonora property.
Clayton P.
cross-referencing my spreadsheet with MLS
8 June 2015 | 11 replies
What I would suggest, and is something that my company does with some of its mailers, is to include verbiage at the bottom of a letter or postcard that says something to the effect of "If your home is already listed or you are working with a Realtor, please disregard."
Aaron Mund
A simple mans guide to Realestate By Bill Vaughn
28 July 2021 | 53 replies
While I am not disregarding his suggestion due to his extensive REI experience and familiarization with the North Carolina market, I do believe Mr.
Bienes Raices
Getting loans with an LLC--is it still possible
21 November 2019 | 24 replies
I even had a bank tell me recently that they prefer (and can give better terms) to deal with an LLC because they don't have the same regulatory compliance issues as when dealing with an individual.The interest deduction for taxes is not threatened when transferring property to an LLC, as the LLC is essentially disregarded for tax purposes, and the LLC's financial results typically just flow onto your personal return.
Brian Garrett
Why do investors choose LLC's over S-Corp's?
19 December 2021 | 46 replies
If you plan to only engage as a landlord I recommend keeping the LLC taxed as a disregarded entity.
Redgy Saint-Germain
Middle ground between Grant Cardone and BP
12 September 2017 | 64 replies
Picking one quote out of the air and disregarding the rest...is...well..an "interesting" strategic decision...Too many people hear "10X your goal!"