Mathieu Gagnon
Canadians in the USA. Where to start.
21 March 2019 | 8 replies
After that you will need to structure your investment (in all likelihood, LLP to avoid to double taxation that comes with LLC).
Ron Read
Has anyone bought a whole LLC instead of the assets?
19 December 2018 | 7 replies
I haven't researched much on how this will play from a taxation standpoint.
Michael A Pierson
Using investor Self Directed IRA
29 September 2019 | 10 replies
If the syndication was using debt-financing, this could mean that your IRA has exposure to taxation on unrelated debt-financed income (UDFI).
Wilson Lee
Trasfering Ownership from a C-corp to to an LLC
21 December 2018 | 5 replies
If you are the majority owner, the attacker would control your business by virtue of share control.While you have access to a wide range of deductions and the ability to set up fringe benefits without taxation, the biggest tax disadvantage of C-Corporation is the “double-taxation” issue.
Linda Ford
Changing LLC Tax Status to C-corp
20 December 2018 | 4 replies
I see that you are trying to keep your business net income in the C-corp, but there will be double taxation when you will need it.
Lindsay Ferlin
Question about insurance, taxes, subleasing and entities
20 December 2018 | 4 replies
Now, what you might be thinking is that you could actually have a LOSS from a tax standpoint due to depreciation and other expenses even though you have net positive cash flow. 100% read up on rental income taxation and or talk to your CPA so you have that down.
Jess White
Anybody found a great, real estate focused CPA?
24 December 2018 | 3 replies
There are many accountants on this platform who specialize in taxation for real estate investors.
Tyler Altomare
From Winnipeg MB looking for info on real estate in Canada
20 January 2019 | 14 replies
@Tyler AltomareThe underlaying principals of investing in real property are the same, however you will find there are substantial differences in regulation, finance and taxation between Canada and the U.S.A.If you search the forums here on BP, you will find several threads listing Canadian reference material.
Stephanie Choi
LLC VS S-CORP - which is better for BRRR
9 January 2019 | 2 replies
From my understanding, you can also file an LLC under S Corp taxation but how is this different than just filing it as an S Corp?
Jon Allen
BRRR Refinance with Checkbook IRA
2 January 2019 | 2 replies
Any debt financing will need to be non-recourse and the use of debt-financing will expose the IRA to nominal taxation on Unrelated Debt-Financed Income (UDFI).While the leverage is not as high as what you could achieve personally, the BRRR method of investing can be a great way to accelerate the growth of your IRA.