John Ferrara
Need advice on proper way to disburse from LLC
I am new to this forum and wanted some advice on my situation. I currently own 3 rental properties with two partners. Two properties are in their own LLCs and the 3rd property is an S-corporation. My current account...
Joseph Firmin
What did you love/hate using your self-directed IRA to invest?
I have not used my self-directed IRA (SDIRA) to invest in a multifamily syndication yet and would love to understand from other investors what you loved/hated about your experience... Thanks!
N/A N/A
Selling Commercial Bldg to our C Corp
Does anyone know if we can sell a building, we own personally and lease it to our corporation, to the corporation for fair market value? For some reason it seems that we can not because it is a closer than arms lengt...
Brent Byers
Canada 1031 exchange - Eh?
hi - wondering if there is an Equivalent to the 1031 exchange in Canada - or more spec in ONT?Can i defer my Cap Gains to some other item, purchase or method? Please say YES!!
Stephen Michle
Setting up your real estate business
I came across a great article about an accountant who is also a real estate investor. He gives great advice on setting up your real estate investing business. I will have to read it over to really but some pieces t...
Brian Schmelzlen
New details on the tax bill
For those of you who do not an alert set up for whenever news breaks about the new tax bill, details are coming out about what will be contained in the final version of the bill (coming out of committee).Here are the ...
Tino Julian
LLC - Disregarded Entity vs. Corp. or S-Corp.
Hey BP Community,I've got a pretty straight-forward tax question (BUT...all my internet research has not been able to give me a clear-cut answer). I have an LLC and was about to apply for an EIN on the IRS website bu...
Pamela Rivas
Can foreigners buy Real Estate in Mexico? Legal process explained!
As a Mexican real estate agent living in Canada and with a presence in the United States, one of the most common questions I hear in the investor community is: "Can foreigners buy real estate in Mexico?"
The answer i...
Mark F.
What kind of instrument do I need?
I have a mortgage (2.5M) on a residential property located in the state of HI, titled in my personal name. I have enquired with lender about in shifting title to a single member C-Corp, but they don't allow it "Bank’...
Nur Al Sharif
Leasing to an Owned C-Corp which then leases to third party?
Hi all, I came across an article detailing why a C-Corp should never own property, but should opt to lease it instead. (https://www.thetaxadviser.com/issues/2018/sep/leas...) This led me to think of a scenario. Not s...