Jeffery Speck
New LLC Tax Structure Question
I have a newly formed LLC that has 3 members. What tax structure should we use? I like the benefits of S-Corp, however we wont be paying ourselves a salary. Any recommendations??
Justin Segarra-Santiago
Anything I should be looking out before getting first HouseHack?
I am looking into getting my first house hack deal, I am eager to get into real estate and house hacking seems like my best option at the moment. I've consumed countless hours on content like books, podcasts, videos, ...
Andy J.
Tax Structure for Multi-Member LLC investing through syndication
HiMe & my partners created a multi-member LLC (lets called it LLC-X) taxed as partnership to invest in a multi family commercial prop via a syndication. We all have equal shares. The multi family unit itself is he...
Joe Kato
started EVICTION, but tenant is moving items out, how to confirm?
We have a tenant that had a lapse in lease, didn't sign the newly offered lease, so sent him notice to quit after avoiding our communication attempts. Went to court to take next steps, but now he appears to be moving...
Mohamad Guene
LLC incorporated in WY
Hi everyone,I have a quick question and hoping someone can help.I leave in California/resident, and I am planning to create my LLC Business in WY and I am wondering if I will still have to pay the $800 California annu...
John S.
Protecting assets with accountants and attorney
Hi Community,
I’m in the Bay Area and want to consult
with a real estate accountant and attorney about how to best protect my property assets. I have multiple homes in CA and FL that are in my name. I’m not an activ...
Robert Rose
How to analyze potential site for first commercial development?
I'm about to embark on my first commercial real estate development project.I plan to buy a ~1acre property in Georgia to construct a 20,000sqft building with the following breakdown:8,000sqft retail space7,000sqft war...
Stephanie T.
San Francisco rental - month to month or other new law impact
Hi all!
We have a condo built after 1979 (year built was 1997), with tenants expiring with their one year lease soon. We are considering whether we continue with a month to month lease or offer a short term renewal (...
Haemi Jung
Capital gains Tax
Hi community.We are planning to sell our Co-Op Apartment in New Jersey this year, and we have a potential buyer. However, we are unsure whether we need to pay taxes on the capital gains from the sale. I would apprecia...
Gloria C.
Investment property burned down.....
I had an investment property that burned down recently. I should have approximately $400K after mortgage is paid off. Does anyone know if this is considered "free money"? or if I can do a 1031/1033 exchange? Are ru...