Piyush Josh
Does anyone have feedback on Phoenix American Hospitality and their fourth fund?
Hi,I came across a high cash flow fund recently - Phoenix American Hospitality's REIT https://fourthoffering.phoenixamericanhospitality.com/. They claim to distribute 12% cash return in addition to any capital appreci...
Ketan Parekh
Understanding Syndicate taxation
Hello! Fellow BPsOver the last 4 years besides real estate investments , I have done a few investments in syndicates. As per the schedule quarterly I do receive the distributions and at the year end I do get the K1 wh...
Keith Meyer
Tax Advice Needed (willing to pay): Loans proceeds in S Corp
I'm looking for some expert tax advice on this situation and willing to pay $$ for it. In essence, we've recently received loan proceeds into an S Corp which is a single-asset entity owning a large commercial property...
Robert Reineri
SoloK Distributions and Witholding.
I was recently told that for a solo 401K distribution , it was required that you sent 20% withholding to the IRS by the 15th of the following month . I am over 59 and a half .This seems odd to me since in a regula...
Bruce M.
Solo 401(k) with checkbook control reporting
For those of you that have a Solo 401k with checkbook control, does your financial institution that holds the funds perform any reporting? For example, do they issue a 1099? My understanding is that the only rep...
Ryan O.
SCorp Unequal Capital Contributions
I have an LLC with a partner that is currently being taxed as a partnership. We are considering electing sub-chapter S status for 2013 to help save SE tax, we are in the business of flipping.
Currently we have an ...
Haickel Padron
Hsa investment question
I have an HSA thru my job. If i transfer money from that HSA to my bank account is considered cashing out? What kind of 1099 they will issue? I want to invest it in my own bank with interest but how can I show to the ...
Grace B.
Need advice - How to handle account been closed by Equity Trust without my consent
How to handle account been closed by Equity Trust without my consent ( They did informed me for 30 days, I was overseas and can't do much logistically to transfer out real estate properties, I just came back to the St...
Garrett Lickliter
Issue with Tenant Cloud for managing properties... wanting input
Hello,First post and not sure it is in the right spot, but hopefully it's correct! I am a broker and investor in Indianapolis.I am looking to reach out to other users of Tenant Cloud to see if they are having some of ...
Char Bacheh
help with the calculation
i made 30k throughout the year, why is it when i put the full 30k on my schedule c i get a refund, and when i put 25k on schedule c and 5k as a distribution from my s corp i owe money, i thought distributions dont hav...