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I've been researching creating an LLC for real estate investing. I've been watching some videos by Anderson Business Advisors in Youtube (specifically this video: https://www.youtube.com/watch?v=XdSp5GXbiE4) where the...
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Hi everyone. I'm trying to buy, fix, and rent real estate and created an LLC with my partner who is putting up most of the capital but he will not handle operations at all. In fact, he won't do anything but provide ca...
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If I lend my own money on a note and deed of trust, can I show the interest, points, and fees as investment income on schedule B or do I have to show it as business income on schedule C? I have a brokers license but ...
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So I've got a great idea for a company name that I'd like to put on business cards, use on a website I'll be creating, use as my signature in emails, the whole nine yards. I've even got someone lined up to do the art...
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I have a personal vehicle that I use almost exclusively for business. If I put 10,000 miles on it in a year, 9,500 are for business. I track my mileage religiously, but accountant always tells me I can't report all of...
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Hi,I formed my LLC in February 2018 and will be filing taxes for the first time in January. I have been doing some research on changing my tax status to a C-corp and want to know if that would be ideal for me, conside...
Current tenant is renting a SFH as he transitions his technology sales and service business headquarters from another city. He stays in the property during the weekdays when needed so he is an ideal tenant as there i...
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Hi, I'm looking to engage with reasonable Property Management Companies for my 4PLEX that I'm looking to close soon. To safeguard my self as an owner - what are some of the key things I should for sure have in the co...
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Hello again!What are the benefits of an LLC, When should I look into opening an LLC, prior to my first investment purchase or after? Also where do I go to do this? and how much?Thanks for the advice!!
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Most of my life is spent living in and cruising around the midwest. Particularly in the Kansas City and Des Moines metro areas. And when I'm traveling to the outskirts and more rural areas, it bugs me that I see so ma...