Im wondering if corporate holdings are like personal holdings, where if you hold a property a year you avoid the short term taxation. Any info on this is appreciated. Thanks and please tag me, so I'll get notified.
Hello,
I am totally new to RI. I set up my S corp less than two years ago, hence, only one year worth of corporate tax return is available. Prior to incorporating, I was on 1099 for about 2-3 years. My income increas...
Good morning everyone!
Does anyone in the Hampton Roads area know of a good Corporate Tax Lawyer and Wealth Strategist/financial planner? I'm looking to speak with a Corporate Tax Lawyer sooner than later to discuss...
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 ...
I have heard that the UDFI tax rate dropped to the corporate rate of 21%. Did the new tax law also change the UDFI tax rate to 21%?
I have multiple rental properties held in a single member LLC. Can I just put the name of the LLC on Schedule E and report consolidated financials or do I have to separate each property out with its own address and ow...
Hi! I'm a Canadian investor interested in investing in US real estate. I have invested previously using LLCs owned by an LLP. An LLP was necessary to avoid double taxation because LLCs are not recognized in Canada (un...
Hey BP,
I am looking to purchase a 4-plex in Florida with a partner. The partner will be supplying the down payment.
My question is what would be more beneficial to form: a partnership or LLC?
Thank you!
Kellen
My husband and I have a Triplex in Kansas that we plan to hold onto because it is a cash flowing monster. We haven't set up an LLC yet. But we want to move to Florida in 2017 sometime. We will invest in much more real...
Hi,
I had a quick question about filing state taxes and registering for a Foreign Corporation License (if this is even needed).
I live in NY and registered my LLC as a Sole Proprietorship here in NY however all my r...