Raymond Hill
Benefits of Starting an LLC vs S Corp
Hello everyone,So my business partners and I are thinking of starting an S Corp vs an LLC that can be taxed as an S corp. I just wanted to ask what are some of the benfits tax wise and if someone can send me a contac...
Jodi Barraclough
Benefit of structuring as Series LLC and S-corp for Taxes
Good afternoon!
We are currently structuring our Real Estate Investment company. There is seemingly a variety of recommendations as for how to establish this entity. Is there any advantage or disadvantage that comes...
Chelsea Ross
Tax Consult Needed for Flip Closing on Tuesday!
I am closing (selling) my first flip on Tuesday. I purchased the SC property though a NC based LLC. The closing attorney sent me a SC Transferor Affidavit Tax Lien Inapplicable form to fill out, for which I must eithe...
Cameron Andrews
C-Corp for a Canadian long-term investor?
Hello everyone,I have a C-corp in the state of Ohio, at the advice of a real estate 'guru' At the moment, I am JVing on a long-term property in Pittsburgh. Is it worthwhile to hold the property in my C-corp? At the mo...
Bruce Weyer
Rental Property Accounting using Quickbooks Online
Does anyone do their own accounting? I'm trying to set up "asset" reserve accounts for Vacancy, repair & maintenance, and cap ex. how do you do this or are you accruing your expenses? How do you save for the expen...
Eric Don
Deal 1: Self Storage Facility - Learn with me & offer support
First thing's first, I was laid off from my job and thinking of creative ways to support myself and escape the matrix. I have $400k in accessible cash looking to deploy towards real estate. I made another post and con...
Alik Levin
Distribution to parent LLC is income but not child LLC expense
Dear all!I have a company structure where a parent LLC owns children LLC's that own properties. When I look at the books that I manage via QuickBooks Online the distributions from children LLC considered as an income ...
Tulan Kantesaria
Tax strategy for LLC
Hello everyoneI am in the Boston area and first time Investment property buyer . Our offer was just accepted and getting ready to get inspection started.So we have formed a LLC with the state and i wanted to get some ...
Nathan H.
Fannie Loan Guidelines: Refinancing non-arms length, seller carry
Hi BP community!
I'm having a hell of a time trying to find guidance on conforming guidelines for a particular refinance I want to do and am hoping someone has some advice..
I'm buying a duplex from my mom that she...
Angela C.
Seeking more info on opportunity zone investing
Does anyone here have any experience using cap gains for opportunity zone investments instead of the traditional 1031 like-kind exchanges?