Dan P.
Asset Protection for 10+ properties in multiple states
I'm wondering how others have structured their LLC's as they hit 10+ properties to maintain anonymity, have asset protection, but keep it simple and limit costs. Properties are in multiple states and isolated in an LL...
Dima A.
Using an S-Corp and an LLC together- rental real estate
I have seen several investors do this, but cannot fully understand the benefit, and I am pretty well versed in tax and entity structures.
Situation: multi-member LLC owning rental properties and only has pass...
Kate C.
What scenarios lead to a loss- tax benefit
Hello- I have been reading for years about the benefit of being able to deduct $25K in losses from rental properties (and more if you are a real estate professional). The mystery to me- is how do average people get to...
Jimbo Rocks
Rental Real Estate Loss Allowance?
Our AGI is over 150K. I realize there are incentives to owing investment property but is there any tax incentive when you make over 150K? I can no longer claim my loss from rental properties. So is there a tax advan...
Alex J.
Will transferring title triggering a city tax reappraisal?
hey all. I need the wisdom of this ever so intelligent website to answer some questions for me. My real estate agent, lawyer, and estate planner do not have a good enough response for this so I was thinking of reach...
Brian J Allen
The real issue with 1023 Main Street, Worcester wasn't Spectrum Health. It was taxes.
Now that we're about six months removed from the debate, it's time to revisit what actually happened. Here are three articles that made it into the papers:
"Addiction treatment group buys building in Main South, fuel...
Kerry Smith
TAX ADVICE - $70K in Equity - What would you do?
Hello BP!Thank you for taking a moment to read my post and offer some advice -- I appreciate you!My wife and I are about to sell our former primary residence in North Carolina. The home is being sold to a family membe...
Oliver Oden
LLC Question - Do I include Co-Signers on LLC?
Hi everyone I need some advice.I recently purchased a home to Airbnb and my parents are "Co-Signers" on the house. If I open up an LLC do my parents names need to also be on the LLC? I've read everywhere that they do ...
Rafael Hernandez
how to deal with property tax if investing out of state
I would like to get some feed back on how some of you have handle the real state investing outside of state and how to handle property tax.
Nancy Bachety
W9 or Tax ID # on Airbnb? Pros and cons - shoot
For tax purposes Airbnb wants to know if you are a US person or entity (W-9) or if you have a tax ID number (W-8ECI). Income is income regardless but what reasons/benefits would you choose one or other? Liability? I h...