Charlotte Dunford
Question for syndicators
1. From a tax perspective, is it more beneficial for LP's to pay them more often so that they can invest the received profits into other investments? What is a good frequency to pay your LP's?
2. What type of tax ded...
Angela Joy Seard
Consultation vs. Sales Call
Hello everyone,What's the deal with real estate tax firms disguising sales pitches as "consultations?" Twice now, I've gone to the "big guys" to hire a tax advisor/strategist to help with our two new properties: one...
Emilie Pa
Which professional to contact for transfer of property
Hello everyone,
My Canadian company owns a residential property in California and I want to sell it to my own personal name as I am closing my company.I don't know which professional to consult to help me do the tran...
Joe Deemer
Llc that are elected as s corp still face the 25% passive income?
Do llc that are elected as s corp still face the 25% passive income?
David V.
Do any Accountants offer a retainer sort of arrangement
I currently do my own bookkeeping and taxes (for five rentals) and am generally comfortable doing so. However, what I need from time to time are answers to tax related questions that come up. I currently have an att...
Johann Jells
Advice on restructuring into an LLC(s)
My wife and I are looking to put our RE holdings on an "active" business footing, form an LCC (or one per held property?) and file taxes as a business rather than filing a form E. We have several reasons for doing...
Timothy VanWingerden
structuring LLC for syndication
I'm working on syndicating a deal and I have a number of investors who have an interest in committing some funds with me to make this deal work. My thought process is to set up an LLC where each investor has a % owner...
Eric Smathers
Questions to ask an accountant
So I recently set up an LLC with Legal Zoom and completely forgot that with my purchase I get a complementary 30 minute consultation with a tax accountant. I'm not wanting to waste the opportunity but for the life of...
Alex Freelove
Needing help on a transaction!!!
Hello!I purchased a home in 2017. I lived in it for two years and for the last year I have been renting it out as I moved to Hawaii. I am renting in Hawaii and would like to get out of that situation. I don’t have eno...
Anthony Quint
Canadian buying Multifamily in Canada vs US
Hi everyone,I'm ironing out my investment strategy of purchasing multi-family rental properties, but I'm a bit stuck on choosing the location. In particular, before deciding on a city, I first want to decide on whethe...