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28 April 2020 | 32 replies
@Stone JinYou're about to completely disregard your original plan because a contractor told you your house may be haunted?
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30 April 2020 | 5 replies
You can't go from S Corp to an LLC taxed as a disregarded entity or partnership without going through a corporate liquidation.
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1 May 2020 | 14 replies
I am petrified of November and December.There is a constant drum beat of disregard to the rental contract.
1 May 2020 | 2 replies
Any info on estimating costs would still be great, but disregard my report; its wrong
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21 May 2020 | 17 replies
From their view, this is 5 rentals that you wholly own - the properties as a separate entities is disregarded, you are essentially moving money from one pocket to the other.If each of these rentals is in it's own LLC and this is for liability protection...
12 May 2020 | 8 replies
., the LLCs as an entities are disregarded for Federal Income tax purposes).
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11 May 2020 | 10 replies
Every one of these should be considered at a separate trade or business level.If you decide the disregard the QBI reporting all together because you don't want to contend with the software you will either be throwing out a deduction of up to 20% of the income the activity is throwing off, or you'll be messing up your QBI loss reporting by not having the proper carryforwards and end up claiming too much of a QBI deduction in future years.
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13 May 2020 | 10 replies
@Kat N.Having your property in an LLC or not does not change anything regarding depreciation or expenses deduction.It is usually tax neutral unless you add a property management Corp in the mix that can give you some more creative tax optimization strategies regarding fringe benefit, retirement and some other expenses that you would had problem deducting in your disregarded LLC.
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10 May 2020 | 2 replies
The Federal IRS considers single member LLC's as a "disregarded entity."
9 January 2020 | 7 replies
And thats of course disregarding the time spent in class and studying for the exam and putting the pressure on yourself to properly know the ins and outs of the contract since you will be representing yourself.