Hernell D.
End of Year Tax Strategies
10 December 2017 | 5 replies
Avoid: We need to avoid offsetting long-term capital gain with short-term capital loss.Do: STCG and Ordinary income are taxed at higher rate, use short-term capital loss to offset short-term capital gain or ordinary income (Limit $3000 for 2016).If you do not have any capital loss this year, but expect to have more than deductible capital loss of 3,000 next year, consider shifting some capital loss this year so that you do have to carry over the loss next year instead use this year.Expensing Asset:Use de minimis safe harbor to expense asset (2,500).
Joe Taylor
Treatment of Remodel Costs After Leased on New Acquisition
15 January 2018 | 4 replies
Regarding, not all the improvements will qualify for De minimis safe harbor rule though.
Elaine Hester
Yikes—entity fees potentially killing my cash flow, help!
6 February 2018 | 17 replies
@Elaine Hester have you looked into a Delaware Statutory Trust?
Brent Hill
Fiverr for SEO
1 December 2016 | 12 replies
as someone who does this for a living and with my real estate, i highly recommend not using fiverr for SEO purposes if you don't want your site to be penalized and or de-indexed within a week. you get what you pay for.
Peter Sanchez
How to Get Legal Answers Before Calling a Lawyer
22 May 2016 | 2 replies
Yet you would get several opinions from different attorneys, some recommending that every single property be in a different LLC and domiciled in Delaware which throws laypeople into spending a bunch of money on .... theory.In Louis's example, I'd imagine he's referring to a 1031 exchange.
Ken Martin
How To Do a 1031 Exchange For An Existing Syndication
9 July 2020 | 18 replies
Just throwing this in... investing into and out of a Delaware Statutory Trust (DST) is a way to use the 1031 exchange into and out of an entity (replace LLC with DST).
Dilip Gandhi
LLC formation for newbies
3 November 2015 | 4 replies
Delaware is definitely the way to go and in my opinion Scott Swenson at Connolly Gallagher is the guy to talk to.
Bernard Sanga
Collecting rents from a tenant without bank account
14 May 2020 | 43 replies
@Heather De La CruzIs cozy an app Or a website?
Kristiana Kenny
Fundrise - Real Estate Investing Online
26 June 2019 | 26 replies
@Orlando De Los Santos I've been in analysis paralysis mode when it comes to investing in real estate using these online platforms.
Brandon Handel
Is it stupid to have my name in my LLC?
6 August 2018 | 36 replies
Or Delaware LLC or Montana LLC.