ENTITY INSANITYTHE REAL DIFFERENCES BETWEEN LLC’S & S-CORPORATIONSSo you’ve decided it’s time to start a business, Congratulations! You’ve know realized/learned that conducting business without the blessing of li...
Hello everyone!What is the best tax structure to file as a husband and wife team for real estate investing?LLC orPartnership
I am just starting out and part oif my plan is to form a corporation. It will consist of me and my wife. What is the difference between a LLC, SCorp and CCorp? Is it just the taxes paid and structure of the corporatio...
I always see discussions where investors ask about creating an LLC for their business.How come people never discuss S-Corps? Are they not common in the World of REI?I currently own several S-Corps in other industries...
Are you taxed on the money that you leave in the LLC's bank account? AKA the money that you don't draw out.
I have a few questions as it relates to LLCs and I am sure that they have been answered countless times here on the forum so I apologize in advance. I do not know what I do not know, so anytime I mention what "I know...
Hello BP,I am the sole owner of a LLC I created to buy and hold properties, and I just formed a new LLC with a business partner for some deals we will be working together. My question is, what are the tax/legal implic...
I have heard that the UDFI tax rate dropped to the corporate rate of 21%. Did the new tax law also change the UDFI tax rate to 21%?
My wife and I are self employed and run our current business as an S-Corp to save on self employment tax. We are wondering, since we will be starting out small, should we buy real estate under our current business? ...
Please bear with me as I am new to the investment and tax implications of flipping homes for profit in less than a years time. My father and I work together in a flooring contracting company. My father has the compa...