James Masotti
LLC - Disregarded entity or requires own filing?
Brandon Hall, Amanda Han, @Jim Kennedy and any other real estate CPA's out there who would like to chime in.I had always done my taxes myself with TurboTax. Last year I decided to use an accountant who has a sizeable ...
MarieChele Porter
Sole LLC formation disregard entity or not?
Hello all,Upon research I have stumbled across a thing called a disregarded entity. Let me give a little background. I plan to become a buy and hold investor starting out in Ohio state living in California. I am going...
Adah N.
They Include The Cost But Disregard Income
Looking to pull a HELOC from my primary home. Lender includes PITI from rental properties in DTI but disregards income from rental properties. They say properties do not have 2 years tax records. How have you gotten a...
Mindy Jensen
Please Disregard Any Emails "Service Removal Initiated"
Hi there.Someone is being naughty, and sending random emails to our members.If you receive an email that looks like this, it's not real. We love you and would like you to stay.
Tino Julian
LLC - Disregarded Entity vs. Corp. or S-Corp.
Hey BP Community,I've got a pretty straight-forward tax question (BUT...all my internet research has not been able to give me a clear-cut answer). I have an LLC and was about to apply for an EIN on the IRS website bu...
Pat Hamilton
RENTAL LICENSE renewal - BIRT / NPT taxes - "disregarded entity"
My rental license renewal is stuck in tax revenue limbo...they won't renew until cleared...I've been on the phone with them (mostly on hold) forever.Anyway, I purchased my 3 family home under and LLC but the City trea...
Ibrahim Hughes
Am I the Only One Who Disregards These Comps?
I'm talking about the ones where the realtor handled both the listing AND the buyer on the sale. I just don't see these Realtors as being impartial. Furthermore, the sales prices always seem to be way out of line with...
Nadav Ben Horin
Adding partners to a Single member / Disregarded Entity LLC
Hello All!I have a single-member LLC which is currently classified as a disregarded entity for taxation purposes.If I add two partners as members to the LLC, what is the required procedure in order to update the IRS t...
Josh Corby
Real Estate Taxes when holding rentals in disregarded entities
Hey Guys, I have a couple of questions regarding taxes on the rental income I receive. First off, I'm investing in Florida, so there is no state income tax. I list all the questions I have below and would really appre...
Eric Williams
Disregarded Entity Qualification: Married Couple in Community Property State
Rev. Proc. 2002-69I found this guidance and thought I would provide a summary:It was issued to remove uncertainty surrounding treatment of an entity owned solely by a husband and wife in a community property state.Ess...