
4 March 2025 | 10 replies
The arrangement initially seemed straightforward: they set up an LLC for the property, moved the property into the entity, and planned to share the proceeds.
10 February 2025 | 0 replies
There are no simple instructions on how to simply skip trace someone's info.

18 February 2025 | 11 replies
The IRS uses the assignment of income doctrine, meaning the person who provides the services is responsible for reporting and paying taxes on that income, even if they instruct the employer to pay a third party (such as a church).If the worker provides a W-9 with the church’s EIN or SSN instead of their own, the IRS could consider this an attempt to shift tax liability.

16 February 2025 | 71 replies
Once we identified the appropriate DST, I paid Sera Capital the prearranged flat fee and they instructed the DST sponsor to add 100% of the sales load into my investment.

24 February 2025 | 36 replies
DSCR loans are pretty straight forward for my LLC.

14 February 2025 | 9 replies
Your check will come in the mail.It fairly straight-forward process.Hope that helps.

25 February 2025 | 7 replies
Selling to an entity you own and renting from yourself looks like a tax dodge to the IRS, and they’ll likely reject it.Better AlternativesIf you’re looking to maximize deductions, consider more straightforward strategies like:Renting out part of your home (like a basement or room) while still living there.Keeping clear records of home office expenses if you work from home.Investing in other rental properties that aren’t your primary residence.Michael Plaks explained it really well in his response.

26 February 2025 | 7 replies
This will be my first year filing taxes which will include 1 rental property. i do my own taxes since it's straight forward with one W2 and now a investment property.

15 February 2025 | 7 replies
But, people tell on themselves when answering simple, straightforward questions.

21 February 2025 | 17 replies
That seems to be a straightforward solution.