Beneficial Ownership Information Reporting (BOIR)Have you heard about this? This is from my accountant.
We are writing to you regarding new reporting requirements for many businesses, including LLCs, C, and S Corp...
Do I need to file 1099 for anyone that did work for me for an amount over $600? New to this. Thanks in advance
I see most people have an llc - is there a significant reason why?
I'm in the process of filing for my business entity. I have a partner and we run a Wholesaling business here in Houston, TX. He is a real estate agent, also.
We are debating between Corporation, S-Corporation, and LL...
If you live out of state, flying in to file can be costly. Can I hire someone else (not an attorney) to file the initial eviction paperwork for a tenant not vacating after a 30 day notice or do I as the owner have to...
I currently own 2 income properties and closing in on a 3rd. Properties are not owned by a corporation and therefore rental income earned and taxed as personal income. It is my understanding that real estate revenue i...
If an LLC elects to be taxed as an S-Corporation, what are the specific tax provisions that would need to be included in the Operating Agreement in order for that tax status to hold in court down the road? Thanks
I’m currently working in Ohio for the next 4-12 months. I’m from NC, and plan on moving back. I have 3 rentals, one in NC and two in IL.
I plan on purchasing more rentals in both IL and NC, and possibly even OH. Doe...
Hihttps://www.irs.gov/businesses...According to this IRS guideline, I am supposed to use SSN to file tax return for my LLC (I am the single member of the LLC). I searched in BP and folks here said single member LLC ca...
So, I am going to be starting an entity to initial handle Network Consulting Fees, etc and build out to property holding in a couple years. In the meantime, I need to keep the funds out of my personal bank account, et...