Josh Corby
Single-Member LLC Draws
8 November 2021 | 4 replies
In this case, this LLC is disregarded for tax purposes.
Erick Caffarello
Looking for line of credit on rental property
14 November 2021 | 9 replies
@Erick CaffarelloA few national banks and many regional or local ones are offering HELOC on investment properties.It become more difficult if your properties are not owned in your name, or if the LLC is not a disregarded one.
Ara Abrahamian
1031 Between Old and New LLCs
10 December 2021 | 2 replies
Hoping you guys can help me understand a nuance regarding LLCs and 1031s.I currently own an investment property under a single-member LLC that's treated as a disregarded entity for tax purposes (let's call it Main Street LLC).
Christian Kim
I've inherited a good amount of capital.
15 December 2021 | 2 replies
Christian, if you’re already an experienced investor than disregard what I say.I see many new investors fail tremendously simply because they don’t know how to determine value.
Gabriel Heath Stine
Flip bought under LLC but want to turn into primary residence
10 December 2021 | 2 replies
@Gabriel Heath Stine, I assume you are the sole owner of the LLC, and therefore it is a disregarded entity.My wife and I did just this.
Philip Hernandez
1031 exchange into TIC or LLC
22 June 2022 | 8 replies
But as you and I discussed that could also be in the form of a disregarded LLC because that does not change the tax return that reports the activity of the property.
Jim Vinh
Selling previous rental property - need help with decision
17 January 2022 | 4 replies
You can save $15k selling two years after making it your primary but only if you disregard your theory that we’re at a peak.
Lesley Resnick
How have your expectations changed since COVID?
19 January 2022 | 3 replies
I have historically not look at rent increases or housing appreciation with any certainty and largely disregarded them.
Pete Harper
Tax Implications of CA Title Transfer
9 January 2022 | 8 replies
Single member LLC is disregarded for tax purposes so presumably no reset.
Alan Martinez
Starting LLC in Indiana as out of state investor
12 January 2022 | 8 replies
What you choose determines if it is part of your personal return (Sole Proprietorship) or if you need to file a separate return anything else.If you choose a sole proprietorship the LLC can be treated as a disregarded entity.