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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.
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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).
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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.
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14 May 2020 | 43 replies
@Heather De La CruzIs cozy an app Or a website?
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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.
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6 August 2018 | 36 replies
Or Delaware LLC or Montana LLC.
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20 November 2017 | 10 replies
As of 2016, the de minimus safe harbor limit for expensing is $2500 dollars.
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26 November 2018 | 81 replies
Hi @Aram V.we can do these type of loans if you’re buying in PA, FL, DC, VA, MD, DE.
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10 February 2019 | 1 reply
According to IRS regulations, "Under the final tangibles regulations, you may elect to apply a de minimis safe harbor to amounts paid to acquire or produce tangible property"My understanding is that tangible property includes both personal and real property, but then in other discussions, people reference this election is only for "tangible personal property".
18 March 2019 | 12 replies
@David De Luna Simmons Bank in Arkansas