Hi all,
Lately, I have been trying to do my best to learn the different tax laws and am confused on a few different things. Recently, my accountant told me that if I hold a property for over a year in a LLC that doe...
I am in the process of purchasing a property through a short sale in New York. The sellers lender has already accepted the short sale and is pending title review. However it looks like the deed is NOT under the seller...
Before you make you first deal either flipping or wholesaling do you think that it is best to make a LLC ?
Hello! I purchased a home about 4 years ago that I house hacked and now rent out. I want to move my mortgage into my LLC to limit my liability on the property. I was told by my mortgage provider to send the LLC Operat...
Hi My name Is Robin Prettyman. I'm a licensed realtor of 10 years. I'm ready to pursue my dreams of real estate investing. I just need help figuring out where to begin. I want to buy cheap homes cash and HOLD them. I...
Hi, After how many properties should we incorporate in Canada? Are you allowed to claim CCA for Tesla (Zero emission) that is used to manage residential properties in your personal name?
Do I need to file 1099 for anyone that did work for me for an amount over $600? New to this. Thanks in advance
I have read many different things on which business structure you should use for investing. In Robert Kiyosakis book he recommends a corporation. However, I have read in other places an LLC may be better. What is goin...
Hi Everyone,This is my first post and I'm very happy to have found this community! I'm a wannabe investor... just gathering info at this point but I'm determined to make this happen.Anyway, my question is, I read som...
My wife and I are just starting out with REI. We've set up company emails and a website. Now we are trying to get the tax and EIN stuff straight. What's is the best path to ensure we don't start out on a bad note by p...