I have a Texas disregarded LLC, Oklahoma disregarded LLC, and Wyoming partnership LLC.
My question is from tax standpoint (not legal standpoint).
I recently learned that disregarded entities are required to file so...
I have a 10 unit apartment building that is considered a commercial property by the bank, but does the IRS still consider this a residential property? I was reading this article Real Estate Depreciation: A Deeper Look...
I am new to real estate investing and wondering if I need a CPA this year or can continue to do it my self with software such as TurboTax (how I've always done it in the past)? I am employed full time but started an ...
Do you include Maintenance, Vacancy, Cap Ex, Management Fee's in your Cap Rate figures? I've already figured for PITI (Principle, Interest, Taxes, Insurance) but wasn't sure if the above should be counted.
What’s the best way to handle tax on gains for investors in my real estate deals? I’m currently working in sort of an informal way with each property in my name, not an LLC. I buy, build or renovate, then sell. If ...
I currently own 2 income properties and closing in on a 3rd. Properties are not owned by a corporation and therefore rental income earned and taxed as personal income. It is my understanding that real estate revenue i...
Any high performing agents choose to be taxed as an S-corp??? I heard its expensive to manage and you have to do payroll and bookkeeping.
Can someone provide me with a formula or something to tell me if im over leveraged?
STR'S in Sevier county are being reclassified as commercial for tax purposes to increase property taxes. This is effective 2023.https://www.wate.com/news/sevier-county-news/short-term-rental-cabins-higher-property-tax/
Hi everyone, looking for your thoughts on a subject I am sure many small retail landlord are pondering one form or another.I consider allowing a tenant in on a month-to-month basis from April til December at 50% norma...