Charlie McMunn
Creative lending options
I’m a contractor in Pittsburgh and I’m looking to purchase an investment property for 60k that’s on the mls. I used depreciation to lower my tax burden for not only my rental property but for my business as well last ...
Pesi S.
TAX Treatment For Carried Over Passive Losses for Real Estate Rental Activity
Hello,From what I have been given to understand from a CPA, he mentions that Carried over Passive Losses from Real Estate Rental Activity cannot be utilized when you sell only one of your properties in your LLC. You ...
Becky Farnsworth
How do I put my investment properties in a business name?
Hi everyone! I am new to the group and look forward to your advice! My husband and I have 2 rental properties in our name. The first one used to be our primary home so we left it in our name because we didn't know h...
Mike Bonadies
Rental Room House Hacking Tax Benefits
Hey guys I'm new to the real estate world and I have a question on Tax deductions when it comes to purchasing a single family home and renting out the rooms to tenets in the Baltimore area.I was looking into personall...
Vitaliy Gnezdilov
Why can’t an entity be formed for the sole purpose of buying securities?
Hi, I am looking to invest in a real estate fund syndication and I have received advice to invest through an LLC for a specific tax purpose.However upon research, I am finding that an organization cannot be formed wit...
Alice Yip
Need CPA with motel/real estate experience
My husband and I set up two Wisconsin LLCs to purchase two motels in Wisconsin in June 2018. Through one of these Wisconsin LLCs, we purchased a small apartment building in Michigan in July 2018 that we are still ren...
Andrew Varney
I have an LLC, but how can I / should I use it?
Hello All,After a long time watching and getting life in order, we're ready to start our investing journey. My wife and I are in Sarasota, FL. (a little South of Tampa). I see one of the most common questions from new...
Brian Garrett
Advantages of an LLC vs. S-Corp?
I always see discussions where investors ask about creating an LLC for their business.How come people never discuss S-Corps? Are they not common in the World of REI?I currently own several S-Corps in other industries ...
Ben Capone
Setting Up a Property Management Company
Thinking about setting up a property management company to use for my rentals to show the income as part of the management company rather than personal finances. I am sure this is a common strategy because I have hear...
Kris Lippi
Can I buy Real Estate with another LLC's profits?
Hi there, my question is really around taxes, I'll admit it is not my strong area and I do have an accountant that I will advise but figured I would see what discussions are generated here.So for my example, I have an...