Stanley Yang
How to transfer property title from two-member LLC to ourselves?
My fiancee and I own a rental investment property under our LLC (structured as partnership; 50%-50%). The property was bought with cash in August of this year, and it's in San Bernardino county, California. We just ...
Amit Shukla
LLC for vacation rental
If you- own a short term rental in your name- have a mortgage on that property - self manage Do you still create a LLC to manage your rental business or do you manage it under your name and then file income and expens...
Cameron Marmon
Did I mess up when establishing this LLC for my wife and I?
Hello everyone,
In July 2024, I created a partnership LLC with my girlfriend to buy a rental property. We are now married and I expect we'll file our 2024 taxes jointly. We live in Texas, a community property state, ...
Melanie Campbell
Funding 4 Flipping scam, anybody else?
Ugg, got taken by a total scam, feel like an idiot. They advertise as funding 4 flipping, also WCAP financial and Seed Capitol. they promised to help me establish a business line of credit. All they did was open a cou...
Tomas Barrios
Tax / legal question about investing out of country.
I am planning to invest out of the country. sending money to Mexico, I would like to get recommendations of what are the legal / tax implications of sending money to other countries, my goal is to invest this money in...
Delin W.
single member LLC -- in husband's or wife's name?
Just thought I'd run this by everyone:
Husband has a day-job and wife manages the rental properties but does not draw a W2.
In setting up the LLCs, are there any pros/cons to setting things up in one name or the ot...
Mark Davis
Setting up entities for flipping to get money for rental property
hello!My brother and are partnering to do some flips in order to finance some rentals He has been renovating other people's homes for 20 plus years And watching them sell themWe decided to do some for our selves Wh...
Kyle Monaghan
Help for a very non-techy real estate investor
Hey BP friends I'm a real estate investor who uses the computer a lot for business. Mostly my CRM, google photos and sheets etc along with personal stuff such as files, photos etc. I get along ok but I know I could be...
Mark Harry
llc operating as sole proprietorship or partnership ???
I am thinking of weather operating my llc that I am about to form as owned by just me or include my wife as partner. Which one would be more rewarding for tax purposes.
What I know so far is if I am the only member I...
Michael Plaks
PPP rules for partnerships reversed on April 14
Today, 4/14/2020, the SBA issued their 3rd "Interim Final Rule" (what a name!) in 2 weeks, reversing the method of applying for PPP loans/grants for partnership.https://home.treasury.gov/system/files/136/Interim-Final...