Sean Gallagher
Running an LLC
I formed an LLC a little while ago since i was looking to get a commercial loan and wanted to keep everything within the business. I soon found out that I need atleast 20-30 % down to get a commercial loan... So i've...
Michael Garofalo
Washington DC Tax Question-Form D-30
Hi everyone,I am an investor in Washington DC, and currently have a single-member LLC that is treated as a disregarded entity for federal tax purposes. My question pertains to local business taxes in Washington DC. I ...
Katherine Robbins
Flipping LLC being taxed as SCorp
Hi everyone,
I own a development company that primarily flips houses in MA amongst various other GC and design work. When we started a year ago and a half ago, we were told to structure our business as an LLC and ele...
Chad C.
How does LLC owner get paid and tax consequence?
Hi, all, I see in this forum many people are recommending form a LLC and use the LLC to hold rental for asset protection purpose. In doing so, one of the main step is keep all the funds separate from personal funds, w...
Tyler Cox
1800 Accountants vs Local
Hey everyone, I set up my LLC through Legal Zoom and with the business package came a free consultation with 1800 Accountants. At which point following the consultation they offered their unlimited services (access to...
Dominic Campelo
Newbie Looking to House Hack Possibly
Hello, I am new to real estate and looking to get into it and out of renting and starting to work on building that generational wealth. I am a self employed residential general contractor. This year we cleared about $...
Jeffrey Vanicky
LLC formation and growth while protecting personal assets
Unfortunately I have no experience and limited knowledge in this field so if you looking for me to explain I am sorry. While listening to the bigger pockets podcast on my drives to and from work, I realized I jumped i...
Mindy Jensen
Cost Segregation in MHP held in SD Solo 401k?
Is it worth doing a cost segregation study on a Mobile Home Park held in your Self Directed Solo 401(k)?@Linda Weygant @Yonah Weiss @Dmitriy Fomichenko
Account Closed
Married, LLC, SE tax?
I want to establish an llc with my wife. We will be equal partners. We live in Oklahoma and file a joint return.
How do we set this up to avoid paying self employment tax on the rental llc return?
Thanks
Matt Haman
LLC Help for new investor
I am a new investor in California and was curious if experienced investors recommend an LLC for their rental properties. What is the approximate cost per LLC and how may rentals do you keep under one LLC? Any other in...