In this episode, we dive deep into purposeful investments with Joey Mure and Russ Morgan of Wealth Without Wall Street. Join us as Steven shares why aligning your investments with your core values is essential.
The h...
I currently own two SFR as long term rentals that were bought under mine and my wife's names. I am looking at starting a LLC both am confused with a member managed or a manager managed. My CPA says a single member LLC...
Currently I own a condo in Atlanta which I'm trying to figure out exit strategies for. I initially thought that a 1031 exchange could only be done on a commercial property, but according to what I've read it can also ...
If the cash on cash return is the same for 2 properties on the market, but one needs rehab and the other does not, which is better for tax purposes (deductions, depreciation)? Sorry if this is a very basic tax questi...
Should you create an LLC before buying a property or vice versa?
I bought a building personally that is being used in our partnership. The building is used for softball batting practice, lessons, camps, etc. I understand the basis rules for depreciation (lower of cost or market)....
Hello,
I have a property on my name for over a year. I am planning to transfer the title via warranty deed to an LLC (which I wholly own) before I sell it. Will that impact my capital gain tax bracket, if my corpora...
Hello,My wife and have recently formed our LLC for the purpose of getting the liability protection from tenants. If we do not move the homes' deeds to the LLC, can we still use our LLC to manage (collected rent, maint...
Anyone has experience with co-owning a property in Canada with a partner who’s Canadian but works in the UK/overseas. Where could I find more details about this topic. Thank you!
HelloMy husband and I transferred a rental property that we have owned for 10 years into an LLC, transfer occured on Jan 1st, how does the transfer show in my personal taxes. We want to file a 1065 for the LLC, know ...