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Results (10,000+)
Diane G. If you are buying when unemployment is 4%, you are buying trouble
11 October 2017 | 192 replies
Before we get a new president, is my guess...For those comments in regards to slow appreciation area, true, i know nothing about those areas and my comment does not apply there...
Tanya Patience Strategy question: Depreciate or Expense?
18 March 2017 | 15 replies
Your carpet example is technically tangible personal property that should be depreciated over 5 years, but you could be eligible to elect the de minimis safe harbor exemption since it's under $2,500 ($500 if before January 1, 2016 so if it was then it wouldn't qualify) which would allow you to expense it in the current year rather than capitalize and depreciate.
Megan Stafford Where Should I Form an LLC if I'm an Out of State Investor?
12 November 2023 | 27 replies
I suggest "electing S-Corp status" for your WY LLC. 
Shannon Grierson Quit Claim Deed to 2nd party then repurchase?
21 September 2018 | 6 replies
Also you may have to pay transfer taxes on the quit claim.It's my understanding Florida isn't a community property state, so the LLC should be filing a partnership tax return for federal income tax purposes unless a 'check-the-box' election has been made.It might be best to quit claim the property into either your name or your husband's name (if a partnership) and cash out refi into a conventional loan, then payout your financing 'partner'. 
Anya K. Non refundable cleaning fee upon move out
22 March 2017 | 15 replies
If you elect to charge such a fee, it would be necessary to include that in your lease.
Leo B. Tax Preparation Costs - What are you paying?
21 March 2017 | 4 replies
It depends on if the LLC owns property in other states or CA and if you will elect to have LLC income is taxed like an S-corp.
James Sreewarom 30% withholding tax for foreign investor.
14 September 2019 | 11 replies
@Steven Hamilton II @James SreewaromThe 30% withholding can be avoiding by making the election to treat the rental as effectively connected to a US trade or business.https://www.irs.gov/Individuals/International-Taxpayers/Foreign-Persons-Receiving-Rental-Income-from-U.S.
Bradford Myatt Quarter Interest in Real Estate LLC
14 April 2016 | 3 replies
Here's the gist of it:http://www.nolo.com/legal-encyclopedia/how-llcs-ar...Also depends on what election you all made with the IRS on the LLC structure (e.g.
Regina James C-corp vs. S-corp
10 June 2016 | 4 replies
So my tax accountant filed my 2015 real estate LLC tax return as a C-corp rather than with the S-corp election.  
Gerard Charles How to deal with a deceased tenant?
19 December 2016 | 21 replies
Also, the numbers and quality of prospective tenants may be lower because fewer people elect to move in January.