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23 June 2024 | 8 replies
An LLC is used to hold business assets.A house-hack is a partial personal asset and a partial business asset.The other thing you want to maintain within an entity is not co-mingling personal and business items.Therefore, holding a house-hack inside of an LLC may not be the best suggestion.
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19 June 2024 | 1 reply
I am trying to create a 100% pass through legal entity that will not be subject to any taxes or obligations to pay anyone within the entity a salary.
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22 June 2024 | 4 replies
@Megan Stone another thread on Entity Structure here that you might find interesting. https://www.biggerpockets.com/forums/51/topics/1196227-inves...
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23 June 2024 | 11 replies
Let's start with the tax implications in Europe:I believe you may have gotten some incorrect advice here regarding taxes, or at least that the person telling you not to set up an LLC may have been confused.Typically speaking, an LLC is a "pass through entity".
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23 June 2024 | 13 replies
. :-)I'm willing to bet that the real GCs in Texas are every bit as good as in Cali.Agreed.All you need for a GC in TX is to file a business license with the state the last time I checked where in CA that's the last step with the fictitious entity at the county and city post qualifications/experience, testing, and backgrounds as you know @Bruce Woodruff
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22 June 2024 | 8 replies
But even more than that, Dallas in general is growing RAPIDLY and is a hub for healthcare entities which fits well with your line of work.With that being said, there are some great investment potential in Texas.
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20 June 2024 | 0 replies
Hey everyone,Like many others, I was fascinated by episode#968: Making $10,000/Month PER Rental with These Guaranteed Cash Flow "Contracts" w/ Noble Crawford.I own a duplex in the greater Boston area, and believe the ...
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21 June 2024 | 10 replies
From a liability standpoint it's a pretty clear case of an alter ego entity structure which any good attorney will be able to fight through and will add a redundant layer of insurance you have to pay for.
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21 June 2024 | 11 replies
There are over 20+ enlisted CPAs assisting real estate investors nationwide with their tax planning and entity formation.
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21 June 2024 | 5 replies
However, there may be issues to overcome as the property your building will be owned by an entity controlled by the 1031 intermediary.