Michele Ghastin
Need for tax lawyer to set up new businesses
We are purchasing a commercial building in Lake Lure NC ( convenience/ grocery on top restaurant below) and we need to set up the two corporations and have a CPA/ lawyer on our team. Please let me know if you are one ...
Kyle Jenkins
Should I form an LLC? What is it?
I am about to move out of my Condo and will be renting it.
Should i form an LLC or some other sort of bussiness?
Why should I?
How do I?
Thank you!
Martha Daisley
What is the liability in holding a note?
HelloFor any real estate attorneys in the group. What is the liability in holding a note?I am getting ready to start buying notes from a private lending company. The notes are all backed by investment properties and t...
Mohan Dag
New LLC
Hi, I have an IT business (LLC) that I use for consulting work. Now I have purchase contract for a Multifamily for which I am taking a commercial loan. Should I start out a new LLC to put the title on or use the exist...
Account Closed
1st rental LLC OR UMBRELLA? BOTH? NONE?
hey I am currently in contract for my first rental which I am buying for 45k, worth about 60-65k now and will have a loan of about 34k on it. I will buy and hold the property and it has 2 units, my question is I do no...
Konrad R.
Can someone explain capital gain tax to me?
I've read some conflicting information regarding capital gains tax. Is capital gains tax tiered? Here is a simple example:Let's say ordinary income is 10k for a single person. The 10 to 15 percent tax bracket threshol...
Adam Lee
50 y/o Noob has a question about Taxes
Hi All. I'm 50 and hope to be able to find security in the nest 5 years through buy and hold.I've been reading and researching for the last 8 months. The question i need answered is about taxes.Best to ask through exa...
Adam A.
Adding wife to title after 1031 exchange
We just completed a 1031 exchange last month, sold a rental property that was titled in my personal name, ended up buying two rental properties for cash as replacement properties in my personal name through the 1031. ...
NA Jones
Tax implications of selling stock to buy property
Hello! I apologize in advance if I'm not using the right lingo for my question.. still new at this :)I'm trying to figure out the tax implications of cashing out stock and using it to buy property. Even though we'v...
Brian C.
Fix & Flips Tax Strategies - Am I missing anything??
My two partners and I recently formed an S Corporation with the goal of generating cash flow from fix & flips so we can reinvest the profits into long-term rentals. We decided on an S Corp so we could reduce SE ta...