I own investment properties in Ohio. Each property is under its own LLC and bank account.
My question is, does it make sense to setup another LLC as a holdings company (parent company) which will then own the othe...
I have no W-2 job, can I still contribute to my E*TRADE Roth IRA accountSituation:I self-manage my LTR portfolioI self-manage my STR property that is an hour away.I buy tax liens at auction every year.I have flipped a...
Hello,I have one property in an LLC and the rest in my personal name. The property in the LLC happens to be managed by a property manager so they pay the LLC. The rent for the rest of my properties in my personal name...
Investors seeking to optimize their assets, defer taxes on large capital gains, and secure their financial future often explore various trust structures to achieve their objectives. Two popular options that have gaine...
Hi BP,For all those folks out there that manage their own rental properties, what are your thoughts, opinions and advice on setting up a Property Management company/business to manage your own personal rentals at the ...
I have three STR properties that my wife and I have self-managed but from a tax perspective we've only taken the normal depreciation the last few tax years. However I am wondering if I can do cost segregation for all ...
A tax question (that reads like a test question, but it's really not that complicated).Do any Tax Experts want to weigh in on this potential investor question?If a Texas LLC has any investors in California, does this ...
Hi everyone,I graduated from university about 9 months ago and had began working in the corporate world. I earn about $68K per year right now and I am single. My company do 401K with cash balance formula, which it mat...
I'm in a 3 way partnership. Our ownership shares are based solely on dollars invested. Two of us are active partners and the 3rd is not 100% silent but mostly silent. We 2 active partners pitched the idea of forming a...
I have two rentals and right now I am about half way done with my 2nd brrrr house. The rentals are owned by my LLC just for them. I am wondering should I be operating a second LLC for the management side? I do a lot o...