Charles Worth
Quick LLC CPA Accounting Tax Question
Quick question for the experienced tax/CPA people among us. If someone transfers the ownership of an LLC that holds property from one spouse to the other spouse is that a taxable event?Thank you.
P.J. Reilly
Quit claim or quiet the title for property bought at tax sale?
Hey all, buying my first house at tax sale. I've bought a lot of vacant land properties at the tax sale but this is the first structure. Should I sell the property with a quit claim deed, selling it "as is" and let ...
John Festini
LLC set up
Hi everyone!Would it be best if I have an attorney create my LLC rather than doing it myself?Thank you
Jesse Garrison
Structuring Deal with angel investor?
Hello my fellow savvy investors, I am looking for some guidance on a potential deal. Let me paint this picture to give you some of the details.Angel investor details: Owns large amount of land in a great location. Wan...
Bryan H.
Received my 1st absentee letter today
I got a letter in the mail today, handwritten name and address from someone in MI. As soon as I opened it, I knew exactly what it was without even reading it.
I was in MI a while back and attended a MREI meet...
Kevin Suarez Sabugo
Looking for a CPA in Calgary
Hi everyone,I am looking to get some advice on potentially setting up a corporate structure. I am located in Calgary, AB, Canada and I'm wondering if anyone could recommend some good CPA's.Thanks in advance!Kevin
Carroll Dase
Need Commercial Startup Guidance
Hi,I have a friend who is starting her career - very sharp and motivated. In various conversations I've had with her, she is making a pretty good case for a business in the San Antonio area. She is very knowledgeabl...
Nick Thomas
Business Credit Card setup, can I have one or do I need one each?
Hi BP!
I would like to get a credit card for expenses and want to ensure that I set it up right from the beginning. Am I going to need a credit card per sub LLC that owns the various real estate OR am I able to set ...
Quentin McNew
Selling/activating depreciation of LLC to new investors
***Selling depreciation of LLC to new investors buying “equity/shares”***Feedback or insights from syndicators with experience or tax professionals on depreciation preferred :)I own 100% of some LLCs and have a couple...
Rafael Lopez
Entity Structure - California Specific
I understand that being from California, one is obligated to pay the California Franchise Tax Board for every LLC owned whether it's in state or out. If one owns multiple multi-family buildings out of state with each ...