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25 September 2024 | 7 replies
This has a lot of administrative overhead, the LLCs being disregarded entities may pierce the corporate veil.
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26 September 2024 | 8 replies
Tell me about the structure of your entity, I maybe able to offer some insight
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24 September 2024 | 11 replies
Who should I be talking to for the best advice on structuring these entities to minimize taxes, protect my assets, and maximize my investment strategy?
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26 September 2024 | 5 replies
FinCEN’s Small Entity Compliance Guide walks small businesses through the requirements in plain language.
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24 September 2024 | 2 replies
For bigger deals, it’s always a good idea to set up a new entity, like a special purpose vehicle (SPV).
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24 September 2024 | 8 replies
We've found it has superior reporting features, integration features, and is overall more efficient to work within than other REI-specific software.The downside is QBO is not set up for REI so you'll need to do that or work with an expert to ensure it is set up for your business appropriately.Something else to keep in mind is your entity structure and how your entities file tax returns.
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25 September 2024 | 7 replies
Would love to hear some advice.If you’re looking to deduct your W2 income the possibility would be based on your structure of your entities.
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25 September 2024 | 7 replies
Yes, you can; this strategy is called pooling and it also adds a tremendous tax advantage You'll just need to make sure the entity pulling and disbursing the capital is structured correctly for its maximum benefit
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23 September 2024 | 12 replies
I ask this question because I suspect at least 90% of people who post on BP about entity formation or transferring properties from their personal name to an LLC cannot articulate the risk they believe they are protecting against.
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25 September 2024 | 8 replies
An IRA is a separate legal entity, different from you.