Matt Walden
S-Corp Conversion to LLC Help
When I first started out about 15 years ago my business partner put two properties into an S Corp. The two properties are owned outright no debt. My question is how can I convert this into an LLC? I realize now it ne...
Lucas Pfaff
How do YOU get paid?!?! - From your LLC/Entity
I'm a bit stuck in trying to determine the best way for an investor to get compensated for their efforts in an LLC. I am part of a 2 member LLC in Philadelphia, PA. Originally, both members were operating under an und...
Sheldon A Baracho
Self Directed IRA\Solo401 for buying rental property?
Hello, I am new to this forum and also to real estate investing. I have been currently self employed for the last 12 years and have been contributing to a SEP-IRA yearly. I am planning to buy a Beach Condo which will ...
Jeff D.
flipping out over possible s-corp loss
Here's my simplified as possible scenario:
in 2011, I set up LLC, bought and sold flip title in LLC, LLC made 25k profit on sale of flip. Took 25k out of LLC account and put in my personal account. Towards end ...
Charlotte Dunford
Question for syndicators
1. From a tax perspective, is it more beneficial for LP's to pay them more often so that they can invest the received profits into other investments? What is a good frequency to pay your LP's?
2. What type of tax ded...
Ji Yang
Has anyone done business with Four Peaks Capital?
https://www.fourpeakspartners.com/
They are a fund specializing in rehabing and investing in MHPs. The idea of getting into MHP business by passive investment seems interesting. Has anyone done business with or hear...
Samantha M.
Tax Rolls "66.667% Undivided Interest"
I was researching some properties in a subdivision and found one that read
Legal Description:
Green Hills Addition
Blk 14 Lot 5
66.667% Undivided Interest
Does the "66.667% undivided interest" indicate this is an e...
Robert Blake
Preferred Returns calculations?
I know this would be a legal issue, check with your lawyer and all that, but I've got a couple of documents I want to make sure I understand, because someone I know is giving me a different read of what I think is rea...
Michelle B.
Purchase Flip With 401k - Help!
So - I have a bunch of cash tied up in a property that is under contract. Supposed to close on Friday and the buyer is having marital issues. Might have to go back on the market.
In the interim - I am under contract...
Account Closed
Softening the Tax Blow of Early 401(k) Withdrawal for REI?
This is more of an Accounting question but the REI aspect of it does warrant discussion IMHO. I have a sizeable 401(k) that I would like to take a distribution on so that I can use it as after tax dollars in order to ...