
22 October 2024 | 19 replies
BLOC you will get from the big banks like Amex and Chase ..upto 500 k

24 October 2024 | 12 replies
You could also potentially pay yourself a salary through the company, which could create retirement plan opportunities, such as contributing to a solo 401(k) or SEP IRA.

23 October 2024 | 19 replies
So if you have a business entity other than a sole proprietorship you will file that business return and receive either a K-1 distribution or pay corporate taxes on the profit.
21 October 2024 | 5 replies
The other person is your investment partner in LLCPartners in LLC pay taxes based on operating agreement and % ownership (each partner gets a Schedule K-1 to report the income from LLC on personal tax return)@Nicholas Dutson more details needed on your property, what it's worth, etc to answer this.

18 October 2024 | 8 replies
. - The commercial property is in an LLC, we get K-1s from the LLCs taxes every year showing that the LLC pays for the expense and is cashflow positive; except for the deprecation we take :) I plan on buying a new primary residence in the next 1-2 years and want to know if I need to have the commercial loan adjusted so that its no longer personally guaranteed.

24 October 2024 | 33 replies
Like I have time to deal with the government and call 1-800-section 8 and di*k around on voicemail to get someone to say "uh er can I please have my money?"

24 October 2024 | 139 replies
Plus another 14 K to re order .

18 October 2024 | 0 replies
This move is expected to generate an additional $30 million in operating profit for the fiscal year.The closures come as Seven & I consider a higher unsolicited buyout offer of $47 billion from Alimentation Couche-Tard, the parent company of Circle K.

13 October 2024 | 11 replies
I also invested in a syndication for which I received my first K-1, where box 2 shows a net rental real estate loss.

21 October 2024 | 10 replies
Quote from @Jasper K Juhl: Hey @Raheem Mcmillan, welcome to the real estate journey!