Kandy Andersen
Hurricane Beryl SBA Loan
I'm looking into a loan from the SBA to complete repairs sustained on a rental house during Hurricane Beryl. Has anyone done this? The property is owned in an LLC, but it's a SMLLC, so it's filed on my personal return...
Jackie Linne
Taxes question for LLCs
I recently created a Single Member LLC, mainly because I don't have trusted partner(s), so I didn't have a choice.Is it true that SM LLCs do not have to report federal taxes and all profit/loss activities should be re...
Matt Lux
Owner finance - how to buy investment without impacting DTI
What structure should I use to buy an investment property so it would not impact my DTI? Should I create an LLC or some sort of trust? I'm planning to refinance this property at one point since the interest rate is pr...
Shawn H.
Taxes and multiple LLC's
When filing taxes with multiple LLC's, I am assuming each entity requires a return. Does each LLC require a FEIN or can it be filed under the owner's SS# ?
Matt Smith
LLC vs. no LLC: tax advantages?
I own several rental property and I am of course taxed on the rental income as my regular revenues.If I set-up an LLC and place all those properties under, would I have a reduced tax rate?
Michael Coe
Is Mileage expense/deduction claimed on 1065 or 1040?
Hello, I procrastinated and now I beg the community for help. My wife and I formed a partnership LLC this year and bought our first property. I have filed the 1065 and did not include mileage expenses in the 1065 sin...
Hannah Forman
LLC for 9 plex, will it affect DTI
Hello, I am a real estate rookie. I am hoping to seller finance a 9-plex from a family member, but I am trying to figure out the logistics. I want to keep it very professional, and set myself up for success as a busin...
Cheree Harris
Tax Question for Rentals
Applied and was approved for a guidance line of credit in my personal name before starting a real estate business with another party. Closing on the home next week but payments will be made to lender from company acco...
Jasmine Wilkes
federal taxes
I just started my llc October of this year through the state of texas. if I don't receive any funds this year or do a deal this year do I have to file taxes? ive spent money on starting the company and filing and mark...
John Kaspar
How do landlords pay themselves?
So, long story short....how? I'm close to closing on my first property and realized that I haven't heard about this in any of the podcasts. So, that being said. HOW does a landlord pay themselves?