Alexander Ball
How to sell current home to purchase house hack invesment
5 March 2016 | 2 replies
I don't think it would work well as a rental property based on location payments etc, and even if I disregard the down payment and closing cost for new property I still couldn't qualify for a FHA loan without selling the current property.
Mark Lynn
Potential Deal in Michigan
18 March 2014 | 3 replies
A company like Beautiful Homes & Pretty Property can use a 3-10k repair/remodel investment which would in turn add 7-20k in market value (possibly more) in a short time.If the home is already in immaculate condition, then disregard but if not, how far west in Michigan is it?
Account Closed
Which To Choose: LLC or S Corp
16 June 2019 | 13 replies
This was considered a dis-regarded entity so the IRS considered me a sole-proprietor for taxation.
Darrion Harris
Multi Family
19 December 2018 | 11 replies
^ Please disregard - I thought I started a new convo instead of posting under someone else's (still need to get used to BP mobile app)
Andrew P.
1st Multifamily Deal in Chicago- How'd I Do?
23 May 2015 | 12 replies
Please disregard the ARV, as I put that in there think of the value in a few years when I'm done rehabbing.
Rob White
My long term tenant is illegally Vacation Renting my Condo
23 August 2018 | 14 replies
My tenant has disregarded my demand to stop vacation renting, but agreed to "move out" in 45 days.
Mike Wiesenhart
Property LLC and parent company bank accounts
21 February 2018 | 3 replies
If they are SMLLC's they are disregarded entities(unless you elected C-Corp) and would all be reported on your individual tax return.
Mark Lucido
Charitable donations: Personally or from LLC?
27 March 2017 | 3 replies
It's passed through personally as a K1 so technically my LLCs are Partnerships and not disregarded entity.
Loic Assobmo
LLC vs insurance alone: taxation
30 January 2019 | 6 replies
For taxation, you can choose to have the LLC considered a disregarded entity (like a transparent layer, everything flows to your tax return) or have it taxed as an S-corp (but for rentals is not good to own them in S-corp or C-corp).Insurance is needed, if not downright required, for your properties.
Jared DeLee
Using 1031 exchanges and an LLC
17 July 2016 | 2 replies
If your LLC is a single entity pass through - which means that all activity of the LLC is reported on your personal tax return then the IRS disregards the LLC and looks to you as the tax payer for that property anyway.