Lacey Hunter
Are 1099s required for property managers or landlords?
Help! I'm in WA state and have invested in residential real estate for several years - all management is done via a 3rd party. I just caught wind of some changes to the tax code that might make issuing a 1099 requir...
Jonathan Small
How to account income from multiple properties on a single 1099
Scenario: I have 3 properties managed by on property manager. I receive one 1099 for all properties at the end of the year. I am using a CPA to do my taxes. How should the tax return capture each property separate...
Vic Vega
Using an LLC. Pros and Cons??
Hey everyone!I'm sure this topic has been discussed many times but I'd like to revisit it now as I'm thinking about creating an LLC for future investment properties. I'm new to buy and hold investing this year so I'm ...
Kate Barry
Managing Investment Property - Better to have the expense or not?
Hi AllI am a Realtor as well as investor, and we have a property management company as well. I am looking to invest with partner on some potential deals that will require a PM, and I'm wondering what the pros and con...
William B.
Is it possible to create an LLC for a husband and wife and not pay self-employment taxes?
Hi BPers-I want to create a business name that is separate from my wife's and my name. I primarily want this to serve two functions - 1) so our tenants do not know that we are the 'big, bad landlord' and 2) be able u...
Lucky B.
Should i sell or continue to rent
Hi Guys, thanks in advance for all your opinion and suggestions. Here is my scenarios. I currently am renting a 3 bed home for $1500 a month. The real taxes this year is proposed to be increased to $3850 from $3500 la...
Richard Z.
S-Corp and it's owner are different entities?
I need a business structure to reduce the SE tax and S-Corp income tax.
Can I invest capital in a development LLC as PASSIVE partner together with all other passive partners, then have my LLC S-corp as manager - I'm ...
Vilson Nikollaj
Fund 501 Reg D - Financial Reporting Requirements SEC
Regarding investments in Funds under 501 Reg D, does anyone know if there are any financial reporting requirements? Such annual Balance Sheets, P&L Reports, Statement of Cash Flows, etc that the manager is legally...
Kent Ford
Texas Real Estate Markets: Booming or Overheated?
With Texas leading the nation in population growth, many are calling it the hottest market for real estate investors. But with prices rising in cities like Austin, Dallas, and Houston, do you think the market is still...
Christopher Russell
Can landlords deduct for their personal time or repairs?
I have read through many threads and get the idea that many people are under the impression that they can deduct their own time on federal taxes. By own time I am referring to completing required repairs, managing ren...