Natasha Rooney
Fideicomisos VS. Mexican Corporation for STR in Mexico
Hello, Starting to research about STR options/opportunities in Mexico (as a Canadian living in Canada). I understand that a fideicomiso is needed if we are wanting to own a property by a beach (which we would). Howeve...
Thaddious Echols
LLC, S-Corp, or C-Corp
My wife and I are just starting out with REI. We've set up company emails and a website. Now we are trying to get the tax and EIN stuff straight. What's is the best path to ensure we don't start out on a bad note by p...
Ned Carey
Do I have to file return with no transactions
In another thread Steven Hamilton II wrote
The penalty for not filling is worse than the penalty for not paying.
This brings up the question do I have to file? I have several companies.
Do I have to file in the fol...
Ceasar Rosas
Corporate Structure
Hi everyone,Does anyone know if I form a corporate structure in one state and choose to invest in another if I can put properties under that same corporate structure? Or would I need another corporate structure for th...
Farid Moaveni
Do you have to pay taxes when refinancing a home after rehabbing?
Hello,Does anyone know if you must pay tax on the “income” earned after refinancing a home you recently rehabbed? If I invest total cost of 80k in a home, get it refinanced at 120k and get 70% of that to invest in ano...
Vince Le
When Should I Create an S-Corporation as a Realtor?
Hello BiggerPockets,I am a Realtor in California. I am about to recently close a transaction that will net me a five-figure check. Since Realtors are self-employed, I have been planning on creating an S-Corp to maxi...
Pat Vu
Wyoming Corporation formation
Hi I live in California and file my corporation in Wyoming. I do not do business in California except my corporation owned a piece of real estate in California with no income. Am I ok to keep my corporation in Wyoming?
Chukwudi Motanya
S Corp Vs LLC. Which one is better? Is there a Difference?
Hi BP,Is there a major difference between LLC and S Corp? I just heard advice that If I am a solo investor, I would need to be registered as a S Corp instead of an LLC. Does this advice have merit? I am a Buy and Hold...
Tony Otis
Partnership LLC Taxes
If I were to form a multi-member LLC as a partnership, with a 50/50 stake in the LLC, it should be regarded as a pass through entity. Does this mean that buying House A in this LLC is equivalent to buying House B on m...
Bryan R.
Save 9% on your taxes!? Section 199 Deduction
I can't find much discussion of this, which makes me suspect I haven't actually stumbled onto some magical tax loophole. But what discussion I can find seems to indicate it applies to some real estate activities. Hopi...