Kinju Dudhia
Working with out of state partners
I am working with 3 out of state partners. We are investing same amount of money towards properties for rental. Is that a good idea to put on agreement paper as equal partnership or should we do it differently?Will i...
Benjamin Riehle
Tucson ranked number 9 on the realtor.com list
At the beginning of the month Realtor.com released the Top Real Estate Markets for 2017. I am excited to see Tucson not only made the list, but was in the top ten. Tucson ranked number 9 on the realtor.com list with a...
Quentin McNew
Selling/activating depreciation of LLC to new investors
***Selling depreciation of LLC to new investors buying “equity/shares”***Feedback or insights from syndicators with experience or tax professionals on depreciation preferred :)I own 100% of some LLCs and have a couple...
Will Barksdale
Ownership percentage vs. profit allocation percentage
BP,
I have an interesting question regarding ownership percentage vs. profit allocation percentage within an LLC.
I want to have an operating agreement where party A owns 60% of the LLC and party B owns 40%. Addi...
CJ M.
Why not take secured EIDL?
I've been approved for a pretty sizable secured loan. I read the terms, spoke with seasoned investors, and spoke with SBA. Unless I'm missing something, it seems that taking this loan is a no brainer. What am I missin...
Michael Harris
Can you rent out your primary residence to your LLC for tax benef
I have a home I've been in for 5 years. I want to rent it out to my LLC, stay in the home, pay the rent and write off the expenses. Can this be done?
Julio Gonzalez
The Benefits from Cost Segregation on Opportunity Zones
Investments in Opportunity Zones can offer great tax benefits, but when combined with a cost segregation study, the benefits can multiply.
An Opportunity Zone are areas that struggle with poverty and lack the necessa...
Franky Aikens
Who's succeeding in Lehigh Valley, PA REI??
Hi All,I'm taking a very serious look investing at Lehigh Valley, PA. With my wife itching to return to her home state (She's from Bucks County) its becoming more and more of a possibility will be relocating to the ar...
Shalin Patel
Mortgage/LLC structure tax liability in 100%/0% partnership.
My father and I are working on our first triplex deal and plan on transfer to an LLC after closing. I will be supplying the down payment for the mortgage and initial costs. Ultimately we would like all the profits/los...
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...