Mike Pichik
Company Structure: LLC or S-Corp?
9 September 2016 | 1 reply
It creates potential for two-layer taxation and creates tax deductibility issues for losses.
Kiet N.
Tax Deed: Taxation of the "penalty fee" and Re-selling Cert
12 January 2017 | 5 replies
Hello everyone, I have been a "silent reader" of this great community, and appreciating every single post. However, I haven't run across the following topics. Hopefully someone with knowledge would shed some light:1. ...
Jonah Hillman
Is this a good selling strategy?
12 November 2016 | 8 replies
I guess each buyer will have to determine for themselves whether or not the LLC is financially beneficial based on the savings and benefits the LLC could provide them versus any taxation drawbacks.
Daniel Dietz
Combining SDIRA and Solo 401K in the same property?
14 September 2016 | 1 reply
We own 3 units currently.I am realizing that there are some advantages to the Solo 401K (yes I qualify) such as not having UDFI taxation when borrowing which I intend to do along with much higher contribution limits.
Mas Yoshida
Growth Strategy and Self Directed IRA Rules
16 September 2016 | 14 replies
The Roth portion of another qualified employer plan like a 401k, 403n, etc can be rolled over into the Roth portion of a Solo 401k.The solo 401k does provide the ability to do an in-plan conversion of tax-deferred funds to Roth status (with the corresponding tax implications), and allows for generous new Roth contributions up to $18K per year.A Solo 401k is exempted from Unrelated Debt Financed income taxation (UDFI) when using mortgages to acquire real property.
Haseeb Awan
Tax/Lawyer recommendation for Canadians ?
14 October 2016 | 1 reply
LLCs are not recognized by the CRA and are liable for double taxation.
Shane M.
Self Directed IRA for an Equity Partnership Flip
19 September 2016 | 8 replies
If you flip on a regular basis (vague term that gives the IRS flexibility to determine if you are materially competing with taxpaying businesses), then UBIT would apply.There is no regular taxation to the IRA, so no income or self-employment tax.
Mark Stone
Pay student loans or invest in RE
1 October 2016 | 12 replies
First, one of the side-effects of owning RE is ability to control and alleviate exposure to taxation (talk to Brandon about that).
David White
Is MLS needed to find cash buyers?
1 October 2016 | 8 replies
Then I'm looking on my states assessments and taxation website to see who purchased the house.
Jacob Real
So many rules on taxes!
15 February 2022 | 6 replies
Real estate taxation is a vast topic, and it can take countless hours if you get into podcasts and blogs.