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If an LLC elects to be taxed as an S-Corporation, what are the specific tax provisions that would need to be included in the Operating Agreement in order for that tax status to hold in court down the road? Thanks
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What are you hearing from private and hard money lenders about what they're thinking on loans, etc. with the 'fiscal cliff' looming, Obamacare, etc.? Did the election change their point of view?
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hello everyone, I'm working with a lawyer in the area to start a business structure for real estate investing (mainly for rental properties). I drew out a business structure based on my conversation with him. if you g...
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Short term cap gains basically get counted as income...you have $100k income and $100k short term cap gain, you basically have the same as $200k income.I've been very careful over the years and have tremendous carryov...
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Just starting to get my feet with in flipping. Prior to getting under contract, is a LLC or S-Corp a better business plan for flipping? Would it be same for rental properties?
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Will be shopping for new Mortgages in 2021 that offer something more like the REMIC tax election. I see the new Multifamily Mortgage-Backed Securities (MBS) with a REMIC Tax Election for Fannie Mea and think to use th...
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Hi all, I am looking for advice on how to help my dad out with getting his business going. I have set up a Single member LLC for him, and am wondering if I should put him on payroll with his other employee(s), what wo...
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http://www.detroitnews.com/article/20140529/METRO01/305290038/Detroit-spends-8-7-million-flip-30-homes-bring-2-million
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I’m interested in investing in opportunity zones, but prefer to invest alone. Much of what I’m reading references partnerships and I’ve read that single member LLC can’t be a QOF. Am I required to Involve someone else...
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How will the real estate market be impacted if Romney is elected in Nov?
Or, what if Obama is reelected?
Should we "keep some powder dry" for after the election? (Ie. keep some cash on hand)
don't want to start a p...