I have been reading through the forum posts on LLCs and I am still unclear on a few points.1- Should I use an LLC for my first property or wait untill I have a few and enough equity/cash flo to worry about? (That said...

Hi all, I need some advice as i am getting conflicting info from my CPA/agent/cost-seg companyI have 2 w2 jobs and 4 1099 jobs (all in same line of work). I will work close to 800-900hrs in 2021 in all that work combi...

HelloI live in Bay Area and want to open up an LLC in Missouri with a few partners. My question becomes do the profits from real estate investments go into the LLC account first then get distributed after? Also, would...

Can you put the real estate taxes on your schedule A while the property is undergoing renovations, before the property is placed in-service?  I was under the impression that you cannot, that they must be added to the ...

I just started my llc October of this year through the state of texas. if I don't receive any funds this year or do a deal this year do I have to file taxes? ive spent money on starting the company and filing and mark...

That would be Tea "Party" but at any rate, let me explain to you how this one is going to happen.

1. The liberals are going to jump up and down, giddy that the liberal media has given them a talking point with which...

Hello, fellow Bigger Pockets Investors I am considering selling my package of 45 rental homes. I have researched the current market values. And, of course, I know the monthly gross rents, etc. So how do i figure a way...

This came out this morning from the National Association of Realtors!Tax Win: IRS Provides Clear Test on How 20% Deduction Applies to Rental Income, Exchanges The Internal Revenue Service has issued final rules on t...

So I have listened to multiple podcast referencing the benefits of having an llc. However I have recently started 3 llc's all in different states , GA, VA, NC,. is there a way to set up all my LLC's to allow for one t...

I am purchasing a rental property in my own name in order to get conventional financing.  I have an LLC with rental property in it.  It would be easier to keep track of expenses and in renting the property to tenants ...