Hi All,
I originally posted this in the development forum but maybe it's better suited to this forum.I'm transitioning from buying and holding small
multi-family properties to doing condo conversions. I know that, ...
What is a typical schedule when withdrawing funds from an LLC? Would it be monthly, annualy or does it matter? Secondly, what do you title them in your checkbook?
Hello. I am a new member from Louisville, KY and I have owned a duplex since 2003. I am now interested in earning more passive income. I work full time for a Fortune 100 company but have high debt to income rati...
How should an LLC be structured if you want to pay out to yourself and incur the least amount of tax penalties? Under a corporation?
Hello Bigger Pockets!My name is Ernest "Pete" Peterson and I am from Glens Falls, NY. I am new to the forum and hope to gain knowledge from other members experience and wisdom. I work on the railroad and also work a...
I am member of a LLC (more than 1 member) that was formed in 2007 and we buy and sell residential property. I am getting ready to prepare tax form 1065 (and the related K-1 forms). We have bought & sold 2 proper...
hey BiggerPockets community, I'm just getting started in real estate and following popular belief, I was under the assumption that for tax and liability benefits the first step was to get some corporate entity set up ...
Hey everyone, EIN filing time for my single member LLC. My attorney was so kind to include some documentation about filing for the EIN...but alas my simple mind cannot figure out this quote for some reason. Or maybe I...
Diversified Investors Group: NW Philadelphia Sub GroupMonday, Sep 12th, 20166:30 PM to 8:30 PM2nd Monday of the MonthManayunk Brewing Company 4120 Main St, Philadelphia, PA 19127Educational Speaker: Bob Chessick - Bus...
Ok, I have read a lot of posts on this subject and I am still unclear on what you can and can't do. But, it appears that I may not be able to do what I was hoping to do...Here is the scenario: I have recently "retired...