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24 January 2025 | 7 replies
Hey everyone, I finally decided to make a post after months of following BP.
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16 January 2025 | 1 reply
If it's a QM you won't be able to close in a business entity like a LLC, although in some cases you can transfer into an LLC after closing.
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31 January 2025 | 10 replies
My strategy incorporates asset protection measures like LLCs, specific trusts as well as professional property management to spread risk and ensure quality operations.As well as using tax codes to my benfiitSection 179, IRC Section 162, Cost Segregation and Bonus Depreciation and later 1031 them out for larger projects.
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16 January 2025 | 78 replies
Unfortunately, many come to us AFTER they bought.
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6 February 2025 | 0 replies
With the recent tax law changes in capitol gains taxes in Canada and this property not being their primary residence.
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4 February 2025 | 0 replies
Additionally, the property includes an outdoor swimming pool.The use of the accelerated depreciation strategy helps real estate investors to reduce the tax liability immediately which therefore increases their bottom line due to the offsetting of income.
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16 January 2025 | 23 replies
Let me know if you have any questions on the process of appreciation and even tax advantages, especially since y'all are engineers!
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28 January 2025 | 4 replies
On your tax return you would report the proceeds, subtract costs and proceeds paid to seller, then the remaining profit would be your flat fee.
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23 January 2025 | 165 replies
Invent a global tax (Carbon Tax) and invent a token of credit against those tax's (carbon credits) and shazam a market where traders can buy, sell trade, option, leverage, hedge against these and the flow of them.
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4 February 2025 | 1 reply
Do we 1st do tax on the LLC and whatever we split 50 & 50 then each claims on their taxes ?