Louis Basel
Is it necessary to pay your LLC rent?
9 November 2020 | 3 replies
We occupy a portion of the warehouse with our sole proprietor businesses and rent out the remainder.
Louis Basel
Paying rent to your own LLC / Question about 'self-dealing'
3 November 2020 | 2 replies
We occupy a portion of the warehouse with our sole proprietor businesses and rent out the remainder.Is there any reason we must pay the LLC rent?
George Vigil
SD Check book IRA owning other LLC’s
13 November 2020 | 7 replies
Context:My SD IRA is parterning with a sole proprietor - Real Estate Broker on a single cash deal in Colorado.
Alex Shaughnessy
My wife is opening home daycare
3 March 2021 | 3 replies
She will run it as a sole proprietor. 1, All of our credit is in my name and she is an authorized user.
Cass Hecker
Qualified Joint Venture for RE Spouses
5 March 2021 | 4 replies
A "Qualified Joint Venture" is NOT an entity type it is an IRS recognition of tax treatment as pass-through or sole proprietor. 5.
David Warner
BRRRR, "Not so fast" cash out refinance
5 March 2021 | 1 reply
If you're the sole proprietor in the LLC then a quit claim transfer, conventional mortgage is an option.
Bryce Efaw
LLC/ EIN order/information
15 March 2021 | 2 replies
If I apply for my EIN as a sole proprietor am I able to switch the EIN on to an LLC in the future or will I need to file for a new EIN.
Shalinder S Dang
401k after selling business
18 March 2021 | 1 reply
I was a sole proprietor of small business which I sold in July of 2020.
Sean Watson
Renovation Loan Pre Qualification!
13 December 2020 | 5 replies
I’m starting off not using an LLC or sole proprietor business and hoping to role this first initial purchase into one later on down the line as I get more experienced and confident.
Michael Salamone
Sole Proprietor and Taxes
25 December 2020 | 4 replies
My question is: is this wise with respect to reporting for taxes given I am a sole proprietor?