I have few residential rental properties, for which me and my wife are on mortgage but did deed transfer to LLC. But as for filing taxes we elected as S-Corp, it's been few years we have this set up, but learned that ...
For those looking for my background and story I have that first but if you're just looking for the tips skip on down below, but know that you are crushing my soul =)My StoryIn 2010 I was living in a small apartment in...
I just submitted my LLC docs for TX and wanted to get some pointers/insight from more experienced investors on the following:1) What should my next basic steps be in regards to after establishing the LLC (i.e. open bu...
Meghan McCallum's first deal was A-W-F-U-L. But her second deal knocked it out of the park!Listen to Episode 228 and hear Meghan's advice for steps to take BEFORE you start, as well as her thoughts on partnerships an...
Hi all,My wife and I are contemplating our first real estate investment and are trying to decide if this deal is a good fit.About us: Late twenties, no children. Gross combined income around $105,000. Only debt is my ...
I tried doing a search for real estate accountants and corporate attorneys and I've noticed that when I call the popular ones or big dogs I get thrown to their assistant or some person under them. On the other hand, t...
I am analyzing small multi-family properties and I feel that there are some costs that I am not taking into account. Any advice would be appreciated!
Hi,
I'm a software engineer from Amsterdam, I've rented a couple flats and rooms and (seemingly) landlords spend a lot of time with things that could be done more easily, like scheduling maintenance, upstream billing...
Can I "pay myself" to manage my rentals 20.5 k on a sched C and write off the fee. I would pay the same income tax and add fica on the sched C. Goal is to fund a roth solo 401.
I am looking into buying my first MFR and wondering if I should eventually change the tittle to a LLC for liability issues. I am not sure if the bank will have a problem with that or if that is something easy to do. W...