Hello,
Seeking opinions/insight into "loaning" from one of my corporations to another from a tax perspective:
Quick Background:
I have a C-corp for software development business. I have an LLC for my real estate bus...
Hello BP members. I am a new user from Huntington, NY. I work in the Allied Health field here on Long Island and am looking to create some extra cash flow through REI. I am looking to buy properties to rent (SFR, M...
Interesting topic here, I would like to see both sides of the play field here. Being able to find investors looking for investment properties versus how are investors seeking out properties! Would love to hear!
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...
My partner and I are closing on our first home and I have come across a question for tax purposes. Originally, we wanted to purchase the home in an LLC, however, the the rate would have been substantially higher. It w...
I'm plan to buy my first apartment building this year. Does anyone have sources for things to be familiar with? For example, liabilities, valuation, management... It's a first time thing so I'm looking to learn.
This is my first question on the forum so I hope I'm adding it to the right category…I am partnering with my brother in law in purchasing and building a vacation rental house. This is in a specific development zoned f...
"A husband and wife who reside in a non-community property state are sole members of LLC registered in another non-community property state. The entity elected to file as C corporation in previous years. This year, th...
I recently got a property into a contract and I have 45 days to come to an agreement. I want to own the property under my name but I want to somehow set it into a partnership so that I do not have to do gains/losses. ...
When u make profit on a rental how is it taxed at the end of the year? At what rate and is there a better strategy for this? Any info would be helpful thank you