I thought that this topic may have been addressed somewhere here in the forums but I can't seem to find it. I'm looking for an accountant/CPA that doesn't find real estate dealings a foreign language. We have 9 proper...
are there any benefits to moving your personal property into your LLC and then renting it from yourself?
Hi All,In the process of buying my second duplex this calendar year. Have done both deals with a close friend and partner under an LLC. I’m looking for any tips/ tricks/ resources that will hell me navigate the best p...
I purchased a duplex (or double) in Indianapolis in 2019... near the Indy Motor Speedway and 1 block off main street. The property is a double with separate addresses and separate roads/driveways (instead of being sid...
When I title a property into a LLC should I elect to have it taxed as a S Corp or just have the LLC report on my personal taxes and why please.
Hey Guys, Question :- I have a property in Ohio under a Sole Member LLC that I am selling and doing a 1031 on another property in Texas. Can I setup a similar Sole Member LLC in Texas(with a different name) and buy t...
I have an investment property under my name in Las Vegas with a standing mortgage, and after the opening of their new stadium, property values have been rising from the pandemic lows. I would like to transfer this pro...
My main goal with the LLC is keeping commercial loans and debt off my personal credit report. With that in mind do I have to file any taxes if the LLC did not produce income? What if I started buying properties in th...
Hey everyone, I'm assisting a friend in the purchase of a duplex. He wants to live in one side and rent out the other to help with the monthly housing expense. What are the tax advantages of being an owner occupant in...
My brother and I have decided to invest in an apartment. We think an LLC may be the best means to consummate our project. We will each contribute capital to the LLC for the down payment (likely, we will pay down 40% o...