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Results (10,000+)
Elaine Chen Tax Q: How to file when parent holding LLC is in different state
17 January 2021 | 4 replies
@Elaine ChenMulti-member LLC's are normally required to file a partnership return.Single-member LLC(if not elected to be taxed as a corporation) are disregarded for tax purposes and not required to file a separate tax return.Regarding Wyoming, if you have no property, payroll or sales within the state, you may not have any nexus to the state and as a result no tax filing obligation with the state.Ohio will require a partnership return.
Ricky Schmidt Moving to Greenville, SC or Austin, TX- Better market of the two?
14 January 2021 | 15 replies
To my understanding Austin is a hot bed at the moment, and with large corporations investing in facilities there (Google, Tesla, Oracle, etc.) it appears the city will be for years to come.
Edwin Epperson Recommendations to find active investors
18 January 2021 | 13 replies
We have such a group with over 11k members, but many active investors are busy doing deals and not going to meetings or hanging out on facebook.For the direct method you could look up absentee owners who have purchased in the last 6 months and stalk them on social media and skip trace to try to find a home owner, or if they are a big corporation , find their website and reach out that way.
Gregory Tapscott Seeking a CPA & RE Attorney familiar with Act 20/22
17 January 2021 | 8 replies
@Gregory TapscottI hope there was prior discussion of holding real estate in a Corporation with tax advisors.
Phillip Dakhnovets My first deal (BRRRR question)
14 March 2021 | 8 replies
I want to share all the lessons I learned, so prepare for a long read.A little about myself…I’m 28 years old and have a corporate job in engineering.
Jon Satchwell Loan Qualification with an S Corp
8 March 2021 | 2 replies
I now have an S corporation where I am required to pay myself on a W2.
Derek Olmschenk Financing a LLC in Minnesota
9 March 2021 | 18 replies
Unless your LLC is run properly, you won’t have a corporate veil. 4.
JJ O. [1031 exchange into TIC] Cost basis and Depreciation
13 April 2021 | 5 replies
NNN commercial property leases are generally guaranteed by the parent corporation leasing the property. 
James Elden If a section 8 PM company does something wrong are you liable?
9 March 2021 | 3 replies
The property would be owned by a corporation or LLC and I would be as hands off as possible.
Devaunshi M. Should I set up an LLC for a rental property?
13 March 2021 | 4 replies
If a tenant or other person has an action against your corporation, LLC or other type of business entity, they will certainly sue you in your individual capacity as well.