Jerry Chilimidos
SDIRA lending and borrowing.
24 January 2025 | 16 replies
This tax is assessed on business income inside of tax-exempt entities or organizations (IRA falls into this category).
Melanie P.
WARNING - Justin Goodin is Operating as Goodin Development
23 January 2025 | 30 replies
For me, what was talked about above is nowhere near close enough for me to judge or provide an opinion on someone as just because someone changes their name (we have done it several times for different entities) or someone could be co-gp or LP in a deal but not in the limelight) does not immediately set off my radar of "omg this person is not legit or a scam artist".
Nick Am
Setting up a management S-corp for managing rental property owned by an LLC
23 January 2025 | 16 replies
LLC-A is a disregarded entity for tax purposes and I report the rental income/expense on Sch-E.
Mark S.
American Homeowner Preservation (AHP) Fund
19 January 2025 | 354 replies
At a high level, this will let AHP run leaner, taking the entity from running in the red to black.
Account Closed
PM needs ss#
22 January 2025 | 14 replies
.- If you chose to set up your LLC as a pass-thru entity, then you will need to supply your SSN.FYI - to avoid getting nasty letters from the IRS about errors (which might cause us to be audited), we will ask for a copy of your EIN assignment letter or a copy of your SSN card to confirm those numbers.
Sufyan Ahmed
Newbie to the real estate
3 January 2025 | 7 replies
Quote from @Sufyan Ahmed: Also, should I buy a property using an entity like LLC, INC. or should I buy it in my name?
Rebecca Gona
New to STR -Excited but scared- need to learn!
25 January 2025 | 12 replies
A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.
Clinton Davis
What's the latest on this BOI?? Go or no go?
3 January 2025 | 13 replies
@Clinton Davis The Beneficial Ownership Information (BOI) reporting requirements under the Corporate Transparency Act (CTA) have been reinstated after a temporary injunction, with initial reports now due by January 13, 2025, for companies formed before January 1, 2024.New entities formed after January 1, 2024, must file within 90 days of creation.
Zach Howard
LLC - many questions, please help!
12 January 2025 | 2 replies
Which increases paperwork & costs for little benefit - if any.4) You'll need an entity in the US.You need to discuss all this with a qualified tax professional or attorney.- For our clients, we provide consultations with a tax attorney that handles over 300 foreigners legal & tax needs.
Nathan Nathan
Help required to create LLCs in Wyoming/Georgia/Michigan
27 January 2025 | 11 replies
you can register your one LLC as a foreign entity in other states.