Kevin Sobilo
SD Roth IRA Investing In Syndication - Transfer Depreciation?
16 October 2024 | 10 replies
When using a Roth IRA, your Roth IRA is a tax-exempt entity, therefore, any depreciation deductions that pass through the LLC, can't be used on your personal tax return.
Brian Phor
Setting Up a Parent/Foreign Wyoming LLC
12 October 2024 | 7 replies
@Brian Phor Amuse us and share how this Wyoming LLC entity structure will provide greater protections than an LLC in the state where the property is located or even where you live?
Calvin Rappard
Do I need to get a new lease in my name for existing tenant
11 October 2024 | 5 replies
The existing leases should be fine, but when you renew, you'll want to be sure that your name or business entity is the Landlord on the lease.
Jackie Liu
Concerns about Prospect's employment
11 October 2024 | 8 replies
the LLC the prospect works for has been administratively dissolved"Then how are they getting paid from this entity?
Edouard Pierre
Laundry Options in Chicago Multifamily
13 October 2024 | 11 replies
As long as you have an entity.
Calum Bressington
Has Anyone converted a multimember llc to a sole member llc?
12 October 2024 | 7 replies
If you want to be taxed as a disregarded entity (the default for single-member LLCs), filing this form informs the IRS of the change.
Tanya Maslach
Using an IRA for downpayment funds?
11 October 2024 | 10 replies
Remember that you would not be investing personally but rather your IRA, which is a separate legal entity.
Mike Hoover
Entity structure for multiple properties
5 October 2024 | 6 replies
I’m good with having four separate bank accounts and separate filing but wanted to get feedback and thoughts on this entity structure.
Fareen E.
Seeking LLC Guidance; Long Time Realtor, First Time Investor in Michigan
10 October 2024 | 17 replies
Assuming the LLC is a single member LLC, the LLC will be taxed as a disregarded entity on your personal return.
Edward Heavrin
Paying off a rental aggressively. Pros & Cons?
20 October 2024 | 84 replies
By using the proper insurance and the right legal entity you can eliminate or minimize any threat by lawsuit to seize equity in a property.