Hello,I do real estate flips currently under my own name (I know lots of liability risk), but the up side is I pay capital gains tax at a lower rate then a pass through LLC.Can I create an LLC that has no income, so t...
What's up everyone. I have been lurking around for while and I have a question I can't find the answer to.Lets say I am renting out a home for $1,000 a month and I am setting aside 25% (lumped CapEx, Maintenance, Vac...
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I've read through some posts, but I can't seem to find the answer to my question. I am a real estate investor concentrating on buy and hold properties. I am intrigued by the self directed 401k. I currently max out ...
Hey guys,
I have a two part question
1. Is passive income not taxed because it isn't earned income??? Or why is it tax free?
2. If you have a rental that is producing passive income. And you sell it, do you owe tax...
I'm in the process of acquiring more rental investment properties and wanted to know if forming an LLC or S Corp is better? Which has better tax advantages, and which business entity will allow me to transfer the dee...
Do you have to have an LLC in order to claim real estate related business expenses? If not, how many deals do you have to do per year so that you are consider as running a real estate business?
I have a scenario that is playing out. I want to get some outside perspective from other investors, lenders, etc.... ideally from people with experience in Canada, but of course, not mandatory. Here is my Situation:In...
Throughout the internet, there are too many contradicting responses by CPAs on teen kid's pay for assistance in parents' rental business work. Brandon Hall Vs. Mark J Kohler to name a few. One says that W-2 is needed ...
Is there a way to defer some rental income into some kind of retirement account when retired?
Lets say someone was able to live entirely off savings for a year, could they somehow put their rental income into a defer...