Christopher Smith
UPREIT any personal experience?
Do we have anyone that has personal experience with a 1031 strategy that is sponsored by an UPREIT?
Chris Daliani
Buying with Partners/ LLC
Hello,I am looking to purchase a 3 family with 2 partners that we would be financing. This would be our first property together. My question is what are the pros/cons of buying it through an LLC right away...or buying...
Joseph Shaggs
tax implications of deeding title to property
Hello! What are the tax implications of an individual deeding the title of a property to a partnership or corporation? Specifically, if the title to a property is in my name and I deed it to an LLC (setup as a partn...
Anthony Wick
Hey CPA person, can I sell my duplex to my LLC?
I own a duplex in my name only. I also own other properties in my LLC, which is comprised of two other unrelated partners. Can I quit claim deed my duplex over to my LLC, and have my partners pay me directly for 2/3 v...
Joseph Skoler
Transfer real property from s-corp
I have a piece of real estate owned by an s-corp (of which I am the sole shareholder).It has appreciated substantially in the decades that I've owned it.I would like to transfer it to an LLC (of which I would be the s...
William Morrison
Income Tax Filing For Rentals In Multiple States
I looking at buying some rental property out of state.Both states have income tax.So at that point am I filing income tax in every state in which I would own property?And then the whole deal with number of days spent ...
Juan Sandoval
Partnership Agreement and 1031 Exchange Sale
I sold a SFH last month and used a 1031. I'm now using those funds to purchase an 8-Plex. I will use my 1031 to fund the deal. My question is, if I bring a partner in (my brother) to split the DP, will this transactio...
Eugene Carelli
Buying under personal names or LLC?
Hello! I recently started an LLC with two other investors and we are looking to BRRR SF homes in the Philadelphia area. We wanted to create an LLC for each property we buy so that each home is protected separately. Si...
Mike Steffen
Passive Investor - How to report on tax return?
One of my friend has business of flipping houses. He offered me to invest in his business on profit sharing. I will be just an investor and will get my money back with profit once he sells property after fixing it. Ho...
Todd Michael
Question on "disqualified person"
Thank you in advance for taking the time to read my question.
My uncle passed away and left a trust. I would like to purchase some property from his trust using funds from my SDIRA. So my question is if t...