Salvador Carlton
CA LLC Gross Receipts vs S Corporation
Recently my CPA mentioned that on top of paying the annual $800 per year, we are now fall into the category of Gross receipts which would be an additional $900. He mentioned perhaps our Real Estate business which is ...
Nathan Letourneau
LLC filing S-Corp election for taxes
I've operated my business as a straight single member LLC for the last 10+ years. This year (2016) my income was much higher and I figured it might be useful to looking into the S-corp designation with the IRS. Wha...
Armand P.
Personal Asset Protection
Hello-I just wanted to get some insight on what the best option is to protect personal assets from real estate investing. I am thinking of partnering up with a few people and doing flips/rehab and maybe buy and hold. ...
Robert Littke
Income - Dividends
Tax Question, Can rental income from a property owned by a group of investors in an LLP be distributed as dividends? Thanks for the help.
Rich Weese
Are we broke?Will taxing the rich fix things?
http://iowahawk.typepad.com/iowahawk/2011/03/eat-the-rich.html
I hope I did this correctly- no techie here! The first part of this link is chatter, but then the yearly calendar is looked at in depth. If you're willin...
Rob Krin
The RIght Structure - am I getting ahead of myself?
Hi BP CommunityRob from Central NJ here.So I'm wondering if this question is a bit pre-mature considering I haven't bought my first proper investment property yet. I own 1 rental in a 55+ but it is occupied by my wif...
Patrick J.
How does an LLC form an S-Corp subsidiary Partnership?
I've read that its better to form an LLC and then 2 S-Corps underneath it that own the LLC for a partnership rather than forming a normal partnership for operations. Is this better for taxes?Could partners just elect ...
CJ T.
Buying in Your Own Name & Building Business Credit w/ an LLC
Hi everyone,I live in California, investing in the Midwest.(Read only the bold if you're short on time)I'm getting ready to buy my first rental property (it's been a long time coming). Initially I was planning to esta...
Brandon E
LLC owned Corporation
Since lenders generally don't lend money to LLC's (without personal guarantee) would it be feasible to create a corporation owned by an LLC to buy property(and build business credit) then transfer it to the LLC to be ...
Andrey Y.
Deducting misc rental real estate expenses without LLC
Aloha BP nation, I am using HR block software for taxes this year, although I will likely still use a CPA. I was wondering one thing, would all the following expenses go under a specific property, or is there another ...