I have read several articles here about the benefits of scorp vs llc and I'm going to work towards a series llc to hold the properties in 2021. In early 2020, I started a multi-member LLC (2 members) and elected scorp...

Let's say you do a cost segregation study on a short term rental and with bonus depreciation you have a loss of $100,000. Does that roll over as a credit for future income or do the IRS actually send you a check?  

My name is Bhakti Patel, and I’m thrilled to join this incredible group of real estate enthusiasts and professionals! A bit about me: I’m a payroll manager for a restaurant group, where I handle everything from creati...

Questions for Real Estate CPAs and Attorneys (or genuine experts), preferably who know the Las Vegas Condotel market:Looking at my first investment property. Considering going in with other investors on a condotel uni...

So I believe it's well known that when you're starting out in REI you should start out doing everything as a private person, not a business. For one, your appraisals use an entirely different method which can definite...

Is it just me or does anyone else feel like this SBA loan / paycheck protection program is going to be scammed to death by everyone and their brother?  It just doesn't make sense.  What if I (purely hypothetical) had ...

Real Estate is a part time business for me.  My plan is to rehab and flip 4-5 homes per year.  I have a full time job as an insurance agent where I am a partner in an S Corp.  My paycheck puts me in the 30% tax bracke...

We are creating an new multi partner LLC for Flipping business(8 partners total, 2 partners will be active). We are looking at doing 2-3 Flips in first year. Is Flipping considered as active or passive like rental ? a...

Hi,  I did put it under off-topic as the entity I am talking about is not related to RealEstate. ( however the question may be valid for those in RE too). I am owner and single employee of an S Corp.  I need to take s...

One of my rental properties has appreciated significantly in value, and I am considering selling it and buying a small self storage facility.  Based on my own research, it looks like there is great software for remote...