Can you guys help me out with this?I know that the rents deposited into my LLC bank account can not be just transferred into my personal bank account (Because if I do it then it pierces the corporate veil) 1) But what...

Need advice on how to request an exception from the IRS regarding a distribution that was not intended from my SDIRA. My custodian issued this distribution due to a fee I failed to make. I also did a short term flip i...

whats the best way to pay out proceeds from the sale on a fix and flip for tax purposes for people that was involved in the investment?

We currently have a small two person LLC that holds a fully paid off investment property. We would like to distribute the fully-paid off property to its owners as a return of capital.I understand that the distribution...

As a passive investor in an apartment syndication, you receive distributions along the way, then a larger chunk if/when the property sells or is refinanced.These payouts to the investor are typically deemed either "Re...

If I loan someone 10K at 10 or 20%. Interest. Am I taxed on the interest made? Do they give me a 1099 or how does that work? Thanks

Hi there, I have a quadplex on the Near Eastside of Indianapolis. The upstairs units (2) share HVAC and an electric meter. The issue is, it's in my name and I forget all the time to back bill it to the tenants... I'm ...

i opened my corp in July and wasn't able to take a wage as  the corp made like 6-8k can i just take a distribution, what would you recommend i do?

Ok so I have been taking steps to move forward into REI. I was told yesterday by a lender that we would have issues being approved for a loan mainly for this reason. I own a business, we make great money through this ...

My brother and I have an LLC that owns a share of a property that we inherited.Our property share is about to be purchased, and I would like to rollover my half of the proceeds into 1031/DST properties. My brother mig...