Matt Berklacy
should I title property in LLC name before sale, then buy w/ llc
I have a property in my own name, that i will be selling in 2020, (i have owned a few years).
Is three a reason or tax advantage to title a property from my own name into my LLC name before sale, and then I will be b...
Katy Nguyen
which approach is better?
Hi everyone. Which case would be better for you if you were the buyer? To record this property sold at $50k or at $110k?Case 1: The seller wants $50k in his pocket after COE. He owes $60k for a lien on the propert...
Cynthia Harrison
Which is better for an LLC a S Corp or C Corp?
Getting everything ready to form my new LLC for my REI company and not sure which is the best way to go for tax purposes. S Corp or C CorpFor now it will be owned and operated by myself but my two sons may join later....
Chris Carrigan
Best Business Entity for married couple?
Getting ready to start up a STR using a property inherited by my wife. We have an LLC which we operate as an S-Corp for our real estate business, but want to keep this venture separate from our brokerage business. S...
Zach Fulton
How/when to start an LLC and business checking account/business credit card.
Hey yall, beginner investor here with 2 properties rented out and producing income. I am planning on buying something bigger this year... or maybe a couple of different properties. Im thinking I should really open an ...
Paul D.
Are these acceptable requests for a Assistance Animals?
I'm processing an application for a SFR in Idaho. The application lists two assistance animals for two of the individuals on the application.FIRST ASSISTANCE ANIMAL: Attached to the application is the following letter...
Tim Hawkins
New LLC and EIN vs TIN questions... literally no idea!!!
Hello,
I'm not sure if I've bitten off more than I needed to, but the more answers I get the more questions arise... My situation is this: My wife and I own a single rental property (at this point). All of the assoc...
Joe T.
Double taxed by paying yourself through LLC?
When you pay yourself through your LLC do you end up getting taxed twice?(first time for LLC earning the money, through rent for example, then the second time when you pay yourself a salary)I feel like there should be...
Jonathan James Look
How to structure your LLCs for real estate & other ventures
Hi All,I want to create an LLC structure for various investment and property holdings. I already have a couple of properties in different states, and I'm also wanting to participate in syndications and other ventures....
Davin T
LLC, Tax, & WA
Hi everyone. this forum is very helpful, I've been reading and learning a lot.
I'm in the process of looking to buy my first flip all cash.
From my understanding, it's best to form an LLC with S-corp tax...