I have been doing my taxes this year and I came to this realization, currently I only own investments that I self manage, not a property management business. Right now I own a LLC for holding assets and a separate LLC...

If I have a LLC and use a property management company for my rentals am I subject to the 1% earnings tax? Or is that considered a “hands off” activity and not taxable? Thanks!

I have rented my condo in august 2013 using property management service.
Tenant paid whole year in advance ( lump sum/single payment ) .

I have received sum of 9000$ from property management and that is aft...

If I own a property under a LLC and pay myself 10% of the monthly rent, which would add up to more than $600 per year, do I have to send myself a 1099 for being the property manager even though I am the sole owner of ...

October 2020I have purchased a single family home in Ohio with a cash offer. The realtor who helped me in the purchasing process has recommended the title company, moreover the realtor has made a small rehab for $1,50...

Hi BP!I am a partner in a multi-member LLC, taxed as a partnership. Since I'm actively managing, I pay myself a management fee and 1099 myself at the end of the year. I like to show the income to season my tax returns...

As I have been acquiring more real estate I have had to figure out how to scale the business utilizing Software and people. My systems are not perfect but I am consistently looking for ways to improve. This is my gene...

I have been an landlord for 6 years and own 6 properties. All of my tenants are long term tenants and my property is managed by a property management company. So all the rental income is passive for tax purposes. I al...

I have purchased six properties. They have been assigned to my LLC, Hunt Family Properties LLC.I do my own property management for those properties.Would it make a difference if I started a property management company...